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Posted by Maddog @ 12:07 on December 19, 2024  

I agree the Gold Silver ratio is now insane….I can think of no real reason, unless so much silver is around due to large scale copper production…but according to most analysts , Silver is near a deficit…so that can’t be the reason…the only one I can think of is the machines are trading the ratio …long Gold, short Silver.

and of course they have no logic, so no-one is saying putting that trade on at 90, is insane…they just see it as a better price to add and of course they never make or take delivery…..

Then again if the Chinese are buying Gold, which they are the scum cannot short gold, because the chinese just say thankyou….deliver the gold to my vault…wheras they can short silver all day…if few are taking delivery.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.