GOLD/SILVER RATIO
One of the most important Technical Analysis Indicators around at the moment is the GOLD/SILVER RATIO..!!
Currently the GOLD/SILVER ratio is 68.54 and is FALLING..!!
That is each oz of GOLD costs 68.54 times more than SILVER.
Historically the GOLD/SILVER was set at 15:1 and the actually available GOLD/SILVER RATIO of the physical metal available on The Planet is 9:1..!!
Below are the Key Technical Stats for GOLD and SILVER this year.
Day 315 of 2016.
GOLD Price=$1,265⇗+19.30% YTD.
SILVER Price=$18.45⇗+33.70% YTD.
Bullish⇗⇗⇗⇗⇗⇗
Growth and Jobs Report
Bearish⇘⇘⇘⇘⇘⇘
DEBT remains growing at an unprecedented rate ⇗⇗⇗⇗⇗⇗
GOLD
In a new 6 Year Bull Market
Triggered on 18-Dec-15 at $1,046oz.
Current Price=$1,265oz ⇗+20.89%.
Growth=1.94%/mth.
Target at 31-Dec-16=$1,871oz.
SILVER
In a new 6 Year Bull Market
Triggered at 18-Dec-15 at $13.60oz.
Current Price=$18.45oz ⇗+35.66%.
Growth=3.31%/mth.
Target at 31-Dec-16=$27.08oz.
GOLD/SILVER RATIO
Gold/Silver Ratio 68.54.!!
Technical Analysis
dMAmapping ⇘⇘⇘⇘⇘⇘
GOLD Price=$1,265oz⇗
SILVER Price=$18.45oz⇗
Bullish⇗⇗⇗⇗⇗⇗
dMAmapping⇗⇗⇗⇗⇗⇗
Keep an eye on this critical GOLD/SILVER RATIO which is clearly showing signs of weakness and is expected to drop dramatically in the coming weeks/months.
Thanks for reading.
Stephen