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To: sea_urchin who wrote (15287)9/1/2002 6:43:01 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 80915
 
A thread mommy/daddy or two began to errode the GPM experience long ago.



To: sea_urchin who wrote (15287)9/1/2002 9:08:00 PM
From: goldsheet  Respond to of 80915
 
For what it's worth, I note on your own chart that the XAU/AU ratio is now at a pretty low level,
in fact, at a level where one might consider that the XAU is an attractive purchase.
goldsheetlinks.com

Have not updated the long-term chart in a few weeks.
Yes, it indicated a buy on July 26th at 71% with the XAU at 55.73 (anything under 75% looks cheap to me)

Currently it is at 86%, looking at short-term chart:
goldsheetlinks.com

or even better, look at the entire page:
goldsheetlinks.com



To: sea_urchin who wrote (15287)9/1/2002 9:21:35 PM
From: goldsheet  Respond to of 80915
 
> I'm not sure why you showed me the chart of AU/AG

Gold has been outperforming silver for several year now.
The conclusion of many is silver is very cheap relative to gold.
My conclusion, however, is that silver deserves to be cheap.
I think gold is still a better place to be than silver,
and am on record for a ratio approaching 100:1
In other words, we could have a gold bull market that will NOT drag silver up with it.