James Turk BlogJames Turk BlogJames Turk BlogJames Turk Blog
  • Blog
  • About
    • About FGMR
    • James Turk
    • GoldMoney
  • Books
    • The Collapse of the Dollar
    • The Money Bubble
  • Contact
Next Previous

Gold Silver Ratio Update

James Turk 26 September, 2009

September 26, 2009 – The precious metals began a correction last week, which was fueled by gold’s inability to penetrate resistance above $1000 after several determined attempts.

I am encouraged by the relative performance of the gold/silver ratio.  Though the ratio has bounced, which is to be expected in any correction, my recommended stop-out point has not been hit.  I like to see good relative strength in the ratio like this during a correction.

The ratio closed on Friday, September 25, 2009 at 61.7.  If it remains below 62.2 (basis the daily closing price of gold and silver on the New York Comex), I would then expect this current correction in the precious metals to be short-lived.

Let’s watch the ratio for a day or two, or perhaps through month-end.  Its performance during this period will I expect signal whether the correction in the precious metals is ending.  See Trading.

James Turk

More posts by James Turk

JAMES TURK

james_turk_blog

GOLDMONEY

GoldMoney_Inc

GET GOLDMONEY INSIGHTS

GOLD & SILVER LIVE PRICES

RECENT POSTS

  • 17 April, 2019
    0

    Heading Toward the “Tipping Point”

  • "bankruptcy 1995" revisited
    15 March, 2018
    0

    “Bankruptcy 1995” Revisited

  • 19 February, 2018
    0

    Gold’s Bull Market Enters Phase 2

FEATURED VIDEO

Categories

  • Articles
  • Briefcase
  • Gold
  • Gold News
  • Market Commentaries
  • Silver
  • Trading
  • Uncategorized

TOPICS

bitcoin bonds central banks currencies debt dollar doug casey ecb economy euro fed gold greece hyperinflation inflation markets mining stocks MMGA oil Politics QE recommended silver stock market trading Trump usd us dollar Washington

MONEY BUBBLE

the_money_bubble_james_turk

COLLAPSE OF THE DOLLAR

collapse_of_the_dollar_james_turk

ARCHIVES

  • You may also like

    Heading Toward the “Tipping Point”

    Read now
  • You may also like

    “Bankruptcy 1995” Revisited

    Read now
  • You may also like

    Gold’s Bull Market Enters Phase 2

    Read now
  • You may also like

    Positioning Yourself for a ‘New’ Bull Market in Gold

    Read now
  • You may also like

    Leveraging Gold and Silver

    Read now
  • You may also like

    Shakespeare on Finance

    Read now
  • You may also like

    Transferring Power to the People

    Read now
  • You may also like

    How Much Did It Cost to Build the Titanic

    Read now

ABOUT

FGMR My objective is to share with you my views on gold, which in recent decades has become one of the world’s most misunderstood asset classes. This low level of knowledge about gold creates a wonderful opportunity and competitive edge to everyone who truly understands gold and money.

RECENT POSTS

  • Heading Toward the “Tipping Point”

    In an article last year entitled “Bankruptcy 1995 Revisited”, I presented a

    17 April, 2019
  • "bankruptcy 1995" revisited

    “Bankruptcy 1995” Revisited

    In 1992 a book entitled “Bankruptcy 1995: The Coming Collapse of America

    15 March, 2018

RECENT TWEETS

  • Still waiting for this cup-&-handle pattern in weekly #silver to complete. Need an upside breakout over $50. Each w… https://t.co/yUJIaNGUSu

    4 days ago
  • A good article worth reading. A #Tether collapse of course doesn't impact the foundational structure of BTC but it… https://t.co/Efa8TzTEyE

    2 weeks ago

TAGS

bitcoin bonds central banks currencies debt dollar doug casey ecb economy euro fed gold greece hyperinflation inflation markets mining stocks MMGA oil Politics QE recommended silver stock market trading Trump usd us dollar Washington
Copyright © 2001-2016 Free Gold Money Report | All Rights Reserved
  • Briefcase
  • Contact
  • FGMR
  • GoldMoney
  • James Turk
  • The Collapse of the Dollar
James Turk Blog