Loading ...Gold to silver ratio Price forecaster
GSR is expected to decline to 30 ultimately or 15 by some experts.
Patrick’s silver price projection is $60. At that silver price and GSR at 30 what gold price will be ?
I get it. not reasonable.
2011 GSR hit 30: Gold at $1450 and Silver at 49 in April. Later gold made high $1923 in Sept.
so what next reasonable combination of Gold n silver price given that GSR is at 30?? 3000/100 ?
Bikoo… I’d start with a 47 GSR (bottom rail of my PnF chart) … so shorter term this could be a good combo 2300 gc / 50 si = 46 gsr. Side note… I have a wide range of targets for silver… from 31-70… and beyond! Note the important pattern… they are higher than now!
Thanks Patrick good possibilities. Yes any combination works. These #s outlines the boundaries/possibilities to think about.
Point is if GSR gets to past historic leves what metal prices to expect.
Maybe even a 2250 and 44 combo for a 51 ratio. See https://twitter.com/badcharts1/status/1294605036937502721 and https://twitter.com/badcharts1/status/1294602724277919747
I do like 3k and 100$. Fits well with Bendford’s law. More numbers start with digit 1 than 9. so if silver gets to high 80’s or 90’s.. most likely it will hit 100$.