Loading ...On the same chart, back to Jan 8th 2016, even after all the bashing we got, holding the right ones long term, are still up substantially.
GLD+18.85% + 25% on last summer highs.
AGI+118% +174% ”
DRD+146% +433% ”
BTG+148% +239% ”
AG+150% +454% ”
http://www.google.com/finance?q=gld&ei=7HsDWciCIYPCmAGFx7_wAQ
Key in your favorites and see how the compare. If you see any higher performers since the 2016 bottom, let me know the ticker.
I have both SLV and GLD on the same chart, going back to Dec 2015, rock bottom date AU AG. Today it shows SLV+ 19.25%, GLD+ 17%. Not right at all.
From the most recent higher low, that was on Dec 22th 2016, 4 months ago, shows SLV up 7.96% and GLD up 11.81%. That’s not right either.
The March 1st high (from dec 22 low) showed SLV+ 14%, GLD+8%, now that makes more sense. Silver is supposed to out perform gold, but naturally it out performs gold on the down side too.
Bottom line, past 4 months, Silver way behind the curve re gold here today.
http://www.google.com/finance?q=gld&ei=7HsDWciCIYPCmAGFx7_wAQ
How’d you make out last Friday, any luck.
Phew ! Live to fight another day.
Now, I have some tomato plants to put in the ground so wishing all a great weekend. Maybe next week we can set fire to Silver Shortie’s Underwear. But I think he is close to done.
Catch ya later, Best, Farmboy
sure looks like the seller blinked. Let’s see where he tries to make his next stand.
Good news for a change. 🙂
is he ready to fold? Should know in next few minutes. Lets see…
I’d like to think the metals are bluffing and the shares have the strong hand.
OTOH, that SLV seller is relentless and has an unlimited supply of shares to sell.
Then there’s the quiet USD buyer that keeps hanging around, gently lending support – not to mention the underlying support for the SM.
The more things change, the more they stay the same….
Feels like tremors to me.
The House voted to approve a short-term spending bill to avert a government shutdown.
Guess that buys the Dow a little more time before the fall ?
Seems some old time players are calling out the Silver Short Dude
HUI +2.43%
XAU +2.60%
GDX +2.36%
GDXJ +2.75%
CDE ++1.59%
HL +2.44%
SLV -.26%
Who’s bluffing who ??
I think you’re right. Eventually we’ll get that move to $100 or better …
“Dentist” That must be the “Painful Dentist.” 🙂
Big buyer / Short covering just came into SLV and is taking on all comers, but there is one seller that seems to have an endless supply of 250K share lots to try and stifle the buying
Go figure…
As much as I hate to say it (b/c it reminds me of that annoying dentist), I think we have a fractal right there and history is going to repeat itself at an even large scale
I like freeze dried products but most have salt content off the top of the scale with Mountain House type pre-bagged items. This is a whole new game right here
Could be I guess. Far be it from me to discount anyone’s theories regarding why pm’s do what they do. 🙂
Not sure this qualifies as a “gap” but I think drb2 one time said “all gaps must be filled” on the shares, so looks like the March move up in the HUI has been pretty much filled.
I did all that thinking with one brain cell,ya know. 🙂
it seems some years way back a similar situation in Silver appeared. It came out in the scuttlebutt some time later that it was the U.S. Mint messing with the price so they could buy a train load of inventory. Just a thunk?
Yeah, kinda weird that the shares are outperforming for a change, course they are pretty oversold and due for a bounce.
Doesn’t look like Maddog’s scum is going to let the metals really run today, every little blip up in SLV and GLD is met with a new round of selling. SLV has a BIG seller sitting at $16.31
If we closed here today it would be a minor win….
Only charts I understand are the ones drawn on napkins. In crayon.
fyi
🙂
Sorry! 
I think what the chart is saying is that silver is CHEAP CHEAP CHEAP and could go HIGHER HIGHER HIGHER! So you better get out there and buy more!
The inflation numbers they used are the official fake ones I would guess. I might be wrong.
Hey maybe we’ll have a gain today …
HUI, XAU, GDX, GDXJ, all up nicely. Gold REFUSES to give up ground. But they bash the heck out of Silver.
One COULD summarize that ‘They’ have problems in the silver pits. Someone(s) cant get delivery of the Phiz?
Strange, very !!
Don’t go throwing a chart out there that is so taxing to a couple of old guys like me and the Farmboy!
USD buyers arrive, silver looking like garbage. Another fun-filled day.
and which ‘Inflation’ numbers are they comparing too? The fake Govt CPI numbers or the Real Inflation ?
Really dumb question. What is that chart saying?
Where should silver be when adjusted for inflation?
My two remaining brain cells can’t compute…