Gold/Silver ratio approaching 90 – It’s only happened 1 other time

May 14, 2019

David Erfle, Founder of The Junior Miner Junky joins me for a look at the gold and silver ratio which is now approaching 90. This ratio has only reached this level once before and when it did there was a big swing back to bullish for the PMs. We also discuss a short term outlook for gold and GDX as well as comment on silver still not getting a bid.

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    May 14, 2019 14:27 AM

    Given the Gold and Silver prices are set in the derivatives market, not the physical market, why should anyone believe their prices should have any correlation to supply and demand? Or, indeed, any rational basis in fact or history.
    Thus why should the Gold/Silver ratio have any meaningful value?
    What does the gold/silver ratio really measure.
    (Obviously the price of Gold oz in silver oz…….but that’s a childish definition.)
    It is the measure of the ratio of paper speculations in one commodity relative to paper speculations in another commodity; those speculations, which are manipulated and mostly without enforced rules, because the CFTC chooses not to enforce it’s rules.

    The ratio ONLY HAS MEANING because speculators use Technical Analysis to place their bets, even though the ratio is primarily a GAMBLERS RATIO; little more meaningful than that.

    May 14, 2019 14:10 PM

    Hah! Boys, who needs gold?

    After all, if you’re not a billionaire in 10 years it’s your own fault…just listen to the 20 year olds!

      May 14, 2019 14:18 PM

      Now we are going to start hearing from the crypto crowd… smart they are…

        May 14, 2019 14:19 PM

        Toooo the MOOOOON baby……. 🙂

    May 14, 2019 14:32 PM

    It seems to me that the gold and silver ratio, which is now approaching 90, has reached this level not just once before but twice before.

    May 14, 2019 14:33 PM

    Premier Gold drills 30.4 m of 6.43 g/t Au at Mercedes

    2019-05-14 06:20 ET – News Release

    Mr. Ewan Downie reports


    Premier Gold Mines Ltd. has released multiple new and high-grade intercepts from the expansion and delineation program active at the company’s 100-per-cent-owned Mercedes mine, located in the state of Sonora, Mexico.

    May 14, 2019 14:05 PM

    The oil sabotage is the real catalyst for gold

    May 14, 2019 14:25 PM

    Here’s another nice buyout in the Gold sector, and as predicted, it is the Aussie miners that are cashed up due to their helpful currency exchange rates, so I’m hoping this is the first of more Australian takeovers in North America.

    This takeover of Atlantic Gold is an all cash offer – Nice!


    St Barbara to Acquire Atlantic in Friendly Offer for C$802 Million

    by @newswire on 14 May 2019

    May 14, 2019 14:42 PM

    (JAG) (JAGGF) Jaguar Mining Reports Continued Wide, High-Grade Intersections at Turmalina Orebody C Central Including 11.20g/t Au over 9.64m; Company Announces New Corrego Brandão Exploration Target Near CCA Plant with Shallow Auger Drilling High-Grade Intercepts Including 38.71gt Au over 5.80m

    by @newswire on 14 May 2019

      May 15, 2019 15:49 AM

      (MXSG) Mexus Pays Off Debt and Updates Its Shareholders On Progress at the Santa Elena Mine

      by @nasdaq on 13 May 2019

      May 13, 2019 (GLOBE NEWSWIRE)

      “Mexus Gold US (OTCQB: MXSG) announced that on May 9th it paid off a note payable of $111,563 which was due on May 14th. In addition, the company announced that it is currently looking to hire two chemists and a geologist to assist Mexus associate Cesar Lemas at the Santa Elena mine. Mexus believes it has found a lead chemist and hopes to complete the hiring process this week. The additional staff is needed as the amount of assaying and general mine work is increasing weekly.”

      “Mexus expects the blast hole drilling occurring on the Julio vein to be completed by May 17th with the permitted blasting company to arrive shortly thereafter. President and CEO of Mexus, Paul Thompson, added, “We are taking a cautious approach to the heap leach pad and leaching process to ensure that all the right pieces are in place prior to commencing leaching. The chemists will play an integral role in the recovery of gold so finding the right people is extremely important. We are being diligent in our efforts to avoid the mistakes the prior operator made.”

    May 14, 2019 14:19 PM

    SerialBrain2: Mueller-Rosenstein-Comey: The Infernal Trio.