Monday, April 18, 2011

Why Swap Silver For Gold Now With the Gold SIlver Ratio at 34.47?

Gold Price Close Today : 1492.30 Change : 7.00 or 0.5% Silver Price Close Today
: 42.957 Change : 0.391 cents or 0.9% Gold Silver Ratio Today : 34.74 Change :
-0.155 or -0.4% Silver Gold Ratio Today : 0.02879 Change : 0.000128 or 0.4%
Platinum Price Close Today : 1780.00 Change : -11.50 or -0.6% Palladium Price
Close Today : 735.20 Change : -34.50 or -4.5% S&P 500 : 1,305.14 Change : -14.54
or -1.1% Dow In GOLD$ : $169.02 Change : $ (2.73) or -1.6% Dow in GOLD oz :
8.176 Change : -0.132 or -1.6% Dow in SILVER oz : 284.04 Change : -3.29 or -1.1%
Dow Industrial : 12,201.59 Change : -140.24 or -1.1% US Dollar Index : 75.49
Change : 61.000 or 420.9% Y'all pay attention now: this won't be elegant, but it
will be fast. Bunch of y'all email me Friday questioning me why swap silver for
gold now? Go to www.the-moneychanger.com and read article linked to homepage,
"Why Silver Will Outperform Gold 400%." Here's further explanation. Pay close
attention, test on Tuesday: With gold silver ratio at 70:1, you buy 70 oz. of
silver. Wise choice. When the gold silver ratio hits 35:1, you swap 70 oz. of
silver for TWO, not one, ounces of gold. Twice as many as if you'd bought gold
in first place. No market, internet blowhards notwithstanding, shoots straight
to the moon. The gold silver ratio will see 47 or 50 before it sees 16, although
it will EVENTUALLY drop below 16. Ratio will, internet blowhards
notwithstanding, correct. Will correct AT LEAST to where it fell out of long
triangle at 47.5, maybe 50% of total fall from 84.3 to 35, so back to 59.65.
When ratio reaches 47.5, you swap your two oz. of gold for 95 oz. of silver. You
now have 25 more oz (35.7%) than if you had just lain around in silver the whole
time. Then you do it again when the ratio falls again. TODAY'S MARKETS: GOLD and
SILVER PRICES today just kept on powering up the gold price added $7.00 on Comex
to close at $1,492.30. Silver gained 39.1c and ended Comex at 4295.7c but in the
aftermarket is trading 4327.5c. Dear Ones, one thing people learn young drinking
is that even when you have a full load in your belly, you cannot actually fly or
perform miracles, no matter how you feel. This is fun, this is exciting, but
this is moving to a sharp peak by mid-May, most likely. Yet before gold lies the
minimum target, $1,525. The silver price I expect to hit $44 at the least,
before the pain commences. I still recommend y'all swap gold for silver while
you have time and before the reaction sets in. Something's wrong, something's
right, and there's a whiff of skunk on the wind. US DOLLAR INDEX rose 61 basis
points today (0.78%) to clear 75 and land at 75.493. Might be a reversal. Rise
out of Friday low looks rally-ish. Euro, which we have long suspected was merely
a shell of a shell-game, tanked 1.08% today to end at 1.4228. CLEAR island
reversal, signaling copious downside, and closed below 20 DMA. Big fall. Yen
today fell 0.61% to 82.441/$ (121.3c/100Y). Sniff of skunk on wind belongs not
merely to the polecat US dollar, but also to Palladium and Platinum. Platinum
fell 11.50 today and it fell Friday. Palladium fell a muscular $35 today, very
stout wound when you begin at $769.70. Friends, this ought not be. Silver and
Gold boogeying ought to take their friends Platinum and Palladium alone. Why are
they standing around the edges of the dance floor, wallflowering? Bad juju.
STOCKS took an ice-water shower in reality today and fell clean back to 12,200
support and below the 20DMA and nearly below the 50 DMA. Whooo, Nice Government
Men don't like it when the magic buying doesn't work, do you? Stocks remain the
cyanide in the Great Cabinet of Investment Poison. On this date in 1861 Col.
Robert E. Lee turned down an offer to command the Union armies. He said, after
great deliberation, that he could never draw his sword against his native state.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't.

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