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Topic: Gold stagnating. Silver & Bitcoin UP. (Read 1223 times)

sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
August 23, 2013, 05:12:46 PM
#10
Today silver rises $1 and Perth opens up their 2014 bullion to pre-sale.

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
August 16, 2013, 03:28:50 PM
#9
I'm balancing in favor of silver:gold at least up to 25:1.  I wouldn't be a silver seller until 15:1 but then I get to see things that many don't.  The draw down of reserves on both is pretty stark currently, but when/if BASEL III is implemented, we may see even more.
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
August 16, 2013, 02:42:42 PM
#8
Historically 15-20:1 for gold to silver ratio over the last few thousand years.

The silver/gold ratio plays a big part in my investment strategy. If/when the ratio reaches around 30:1, I'm going to sell some silver and buy gold. Right now is definitely silver's time to shine.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
August 16, 2013, 06:38:47 AM
#7
Historically 15-20:1 for gold to silver ratio over the last few thousand years.
So either gold is coming down a lot more or silver is still going up 4x to reach historical averages.

Its probably not too late to buy silver.
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
August 16, 2013, 01:35:20 AM
#6
I was hoping for lower prices a little longer; I'm not done buying!
hero member
Activity: 756
Merit: 500
August 15, 2013, 10:04:49 PM
#5
I think Gold and commodities will drop if investors fear factor increase, they will sell all and go to the safe haven of the USD
legendary
Activity: 1834
Merit: 1019
August 15, 2013, 10:01:01 PM
#4
i don't like the sentiments of all this.... sounds like a bull trap. i bought slw a week ago and after appreciating 25% in the time being it seems like the buyers are almost depending on this 'uptrend' you speak of.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
August 15, 2013, 09:58:15 PM
#3
I'm with you there.

Having a bunch minted up:
https://bitcointalksearch.org/topic/m.2883593
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
August 13, 2013, 04:33:18 AM
#2
http://www.xe.com/currencycharts/?from=XAG&to=XBT&view=1M

Silver at 0.204 BTC atm

I think the best bet is silver atm. I predict a huge uptrend Wink
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
August 13, 2013, 04:30:05 AM
#1
Quote from this thread: Gold collapsing. Bitcoin UP.

Remember when this thread was about gold & bitcoin?  Embarrassed

For all the silver bugs out there, I present you:

Gold stagnating. Silver & Bitcoin UP.
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