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Van

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  1. HUGE rally is around the corner. Gold miners sentiment is even worst at the moment than it was in January: http://www.investorideas.com/news/2016/mining/11224PostElection.asp?
  2. Hmmm.. crude doesn't look too clever here, does it? I wonder how long it'll be before the oilies start yelling uncle again? I reckon we'll hear unhappy rumblings sub $40 and will be back in full-blown panic if we fall sub $35.
  3. It's just a rocketship at the moment. Took 2 days to move through the $19s. GSR now down to 66.
  4. Silver is on fire. Through long term resistance. Now printing with a $19.xx handle. This could move to the $23 area very quickly.
  5. Silver is now up 50% in GBP since the year end. Not a bad H1, eh? Gold/Silver has hit a new low at 70.5. We are on our way!
  6. Silver breaking out in GBP: http://stockcharts.com/h-sc/ui?s=%24SILVER%3A%24GBPUSD&p=D&b=5&g=0&id=p77276900203 It's time again..
  7. Does Friday's action mark a short term top? First we got weak GDP numbers on Wednesday, and then well below expectation for payrolls on Friday, and Gold could not manage to push any higher. DXY looks ready to begin clawing back some more of is recent losses. While my long term outlook has not changed, it wouldn't not surprise me to see a pullback over the next few weeks.
  8. $17.33. I think it's time to play it again...
  9. Yes, my findings surprised me. They showed that gold has been the metal to buy & hold most of the time, and that a mixed gold/silver strategy did not outperform a gold-only portfolio, even if you did some swapping along the way based off a fixed GSR price. This is because gold has outperformed silver long term by 3%pa, so even if silver was a better short term buy, over the long term gold reasserts itself. However when I threw out the fixed buy/swap price levels and replaced them based off moving averages silver I managed to get a significant bump in return by swapping gold|silver at very extreme price levels. You don't want to be doing this too often just because transaction costs will be significant, and actually the model showed me that once every few years was the best performing strategy anyway. I am not suggesting that gold will continue to outperform silver by 3%pa over the next 48 years as it has in the last 48, but there is nothing to suggest that it the trend will reverse. Gold is money and the ultimate store of wealth, while silver is, at least for now, primarily an industrial commodity with some monetary qualities. That's why I believe that unless silver is remonetized, we will eventually see GSR at 100+ and trending higher in the future (even if we revisit 40-50 area first). I don't ever envisage the GSR returning to 15:1 the way the metals are being used at the moment.
  10. My model uses a 71 month moving average, and then will trigger a swap signal if price moves above 2.3 standard deviations away from this level.. ie you can expect I have found using these parameters (71 months SMA, 2.3SDs) would have generated the best returns over the last 48 years... far better than just using a fixed number that many analysts seem to think represents "fair price". Of course, there is no guarantee that using the same parameters that proved optimal in the past will continue to be the best going forward. In fact, I am certain that they won't.. but they are a good starting point, at least. https://docs.google.com/spreadsheets/d/12xiAkvM25aY0yNs6Z2gXBVDH8CFdI7lGf5sh8eZSXKg/
  11. GSR is now down to 74. Looking more and more likely that we have seen the peak @83. Below 72 GSR and I will start to diversify into acquiring gold. I didn't anticipate to be doing this so soon at this stage of my precious metal stacking, but my model says to buy primarily gold at that level to build long term wealth, as gold is the better long term hold, while silver was the better short-term hold. If GSR does spike up again to > 86 then it will be a good chance to sell any gold and buy more silver. These swap signals are only generated once every 4-5 years, so we are due one soon.
  12. Yes, it has absolutely destroyed "buy & hold" investors, which is probably why I will never advocate "hold forever" as an investment strategy, for any asset, except possibly your own home. Been incredible to watch it play out and to witness first hand how sentiments turns from red-hot at the top to utter revulsion at the nadir. Still a good time to get back in imo. I think everyone is underestimating how high silver could climb this year - $20+ is not an outlandish target.. and not even than far away now.
  13. +2.44% $16.59 H&S breakout completed on this morning's move. It's DEFINITELY a bull market now. http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=SILVER&uf=0&type=128&size=3&sid=15666848&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=9&rand=1944945412&compidx=aaaaa%3a0&ma=4&maval=89,133,34&lf=1&lf2=4&lf3=2&height=820&width=720&mocktick=1
  14. Just the iGold advisor youtube channel: https://m.youtube.com/channel/UCjG_4Kg7ZWWs8o7EnfnDc9Q
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