silverharp

Silver will turn with the dollar, the chart below from Daneric's blog , look very similar to CC's Gold/Silver chart except it has already hit the trandline. I'd like to see a test of the dollar if we had a low this week. http://3.bp.blogspot.com/_TwUS3GyHKsQ/TLdt...1600/dolalr.png As for price levels wouldnt 26ish be the 50% retracement from the high in 1980?

this is not bad as a cover From:

Beatles 3000

is the gold/silver ratio breaking out today, it looked like it on GLD/SLV

Silver is done for now, unless you think gold is going to a new high soon

Not that I wouldnt like to see the H&S work but it seems too obvious, there has been a lot of articles on it recently

I'm looking for a top in here for a bit 950-960 , so resistance here might turn the ratio around as well. As for the levered effects of silver I'll agree on the downside, but between 08->09 silver is underperforming gold on the upside

wow, silverbugs are optimists , I'd say the best of the GSR is behind us , gold should outperform silver going forward

where and why does he think we are now? wouldnt it more like 1930 now?

given that gold is coming down from overbought the $846 level is critical. if it breaks though that in the next week or so it will not be good for gold, if it holds then it maybe an intermediate bottom. Interesting to see if oil breaks down from here and the effect on gold as oil didn't do much for gold on the way up recently personally I'd like to see gold get a good trashing here as I could not see myself buying it at $850-$900 at the moment. I think I would only be interested in buying at the $750 range.

http://futures.tradingcharts.com/cotcharts/SI clearer chart here but you will have to reset details http://timingcharts.com/index.php the COT is not looking good, the commercials are really short now

maybe this is where the bob hoye analysis is encouraging. if other commodities fall faster or rise slower the gold then mining costs for gold go down in real terms. imagine the opposite, 150 dollar oil means every truck in canada will head for the tar sands

there have been developments in fly by wire etc. which in theory should make an electric car more efficient/lighter now then say 20 years ago.

One thought I had about this was to average in using mini futures which are a fraction of the contract. I don't know much about them but even I wouldn't mind buying 10K worth of oil for 2012 on the basis of it being a personal hedge. the margin element wouldn't keep me awake at night, could even pay the 10K upfront which I assume would cut the borrowing costs on the contract.