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Gold:Silver Ratio starting in 1980

The chart shows the historic gold/silver ratio from 1980.  The ratio was 16 in 1980.  The dotted line shows the median level of about 62, which at $1500 gold would mean $24 silver.  A ratio of 16 would mean $93 silver. Silver seems unlikely to return to the historic...

GDX Gold Miners ETF daily chart

October 2:  GDX trends down while Ultimate Oscillator trends up.  This gives an elevated probability of a bottom forming. October 15 update:  GDX dropped below support, but ultimate oscillator divergence remains. November 18 update: 25.98 is the low so far.  Ultimate...

Gold in International Trade

November 10:  Rumor has it that China is working on a gold backed cryptocurrency.  No info on timelines, so it could be later or not at all rather than sooner.  We can only speculate if it might be a plan for international trade payments only.  It is clear that the...