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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (54240)12/15/2007 10:36:05 PM
From: riversides  Respond to of 78421
 
ratio of 100,that's a lot,silver should be trading around $15 when gold hits $1500....?



To: Claude Cormier who wrote (54240)12/16/2007 11:59:57 PM
From: rubbersoul  Respond to of 78421
 
"Gold/Silver Ratio: With the recovery in the stock markets since late November, the ratio declined from 56.2 to 53.8 on Monday. It has increased to 55.6 and going through 56 would resume the uptrend. Typically, the ratio declines during a boom and increases during the subsequent contraction.

We have also noted that in rising above 56 the gold/silver ratio would likely confirm that the credit contraction is becoming more severe.

safehaven.com


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