Gold Silver Ratio &
Gold’s future estimated price
The gold/silver ratio (GSR) is the current price of an ounce of gold divided by the current price of an ounce of silver. It’s a simple numerical calculation that shows how many multiples gold is trading relative to the price of silver, a common indicator used by precious metals investors worldwide.
The talking heads again…
You see they talk about the GSR the Gold Silver Ratio (GSR) and the Gold Dow ratio. Greg Mannarino – He talks about DOW/GOLD ratio. But he misses the point. His video is below.
EXPECT GOLD TO HIT $8,000 AND SILVER TO HIT $800. AND THIS IS HOW IT WILL HAPPEN… Mannarino
I have this video so if it is deleted I will up load a copy.
Greg is a very smart man says CT, when all were calling for a crash in October 2023 Greg was the only man CT could find saying to Buy. 1st November the market started to go up. Great result and you cannot argue with that. He is a very intelligent man. But he has missed a point.
A aside matter
I am sure $8,000 / $800 = 10. A GSR of 10 not 15. GSR 1/10.
A 1/15 GSR is more like ($8,000 /15) = $533.33 an ounce of Silver.
A 1/25 is ($8,000 / 25) = $320.00 per ounce of Silver. I think he has made a typo here. We will use GSR’s of 1/15 and a 1/25
Back to the Video
He says Silver is his most favoured commodity and Gold the second. Lucky for him, he also understands that Gold and Silver may not always be things he wants to hold. – Most talking heads do not realise this. Greg is about making money in a “Asset” like crypto while you can. Its a fair call – One that Barry Gumm in and around 1988 when he saw the following cover and that it was linked to the mark of the beast and decided then and there he did not want part of it. 1988 he decided not hold this “Financial Asset”
Could he have been like Greg and participate while it was not compulsory? Yes, but he would have moved the fence and when you move the fence again and again eventually there is no fence and you fall for everything instead of standing for something.
Therefore even when he (Barry) knew it could make him a billionaire when bitcoin first came out and was advertise on youtube heavily in 2009 and 2010 he said no thank you! He said to himself “I am not moving my fence I want Eternal Life”. Eternal Life much more valuable than Gold or Bitcoin!
Greg said in 2024 he would expect the DOW to fall to around 8,000 points and therefore Gold will rise to $8,000 USD at some point in the future.
Nice return – keep reading the links to Gold because it is a severe under performer that will make you financially broke quickly when Trumpet Number One attack happens in August 2029.