Friday, December 24, 2010

10/25 Gold to Silver Ratio

Written on October 25, 2010

One more thing to clear my head.

From mid August the Gold Silver ratio dropped 17% from 68ish to 56ish last week. 56-58 were the interim highs in 2006- 2007 and looks like the ratio has found a resting place.

As I don’t usually advise on metals (but I did), let me add my “get out” to suffix my “get in”.

You caught a nice move over the last 8 weeks.

Marry your wife not your position.

Let me be clearer, if you sold any gold and swapped it into silver, I think the 17% outperformance in the last 7-8 weeks is enough.

CLEARER STILL, YOU MADE ENOUGH. BOOK IT.

Pigs ‘n hogs ‘n all…

Leon

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