Silver Charts Analysis (07/10/2010)
TABLE OF CONTENTS: 0:01 Silver price in British Pounds -- 42 year chart 2:50 Silver priced in USD 11:13 Dow Jones priced in Silver 20:42 Silver inflation adjusted 32:00 Gold-Silver Ratio 45:00 One Final Silver Chart 49:32 Users Comments I Was not planning on making this an hour long in duration. Their was no time plan, and maybe 30-40 minutes may have been more appropriate when looking in hindsight. I am not going to redo this video and if you want a full hour of my commentary, then I am amazed on this or maybe you spend too much time watching videos or have too much time on your hand (LOL). Maybe you are a hard core silver investor and this information is for you. Whatever the case, there is a table of contents attached so that you can view on items of more interest or avoid the ones with less interest and maybe pause the screen at the charts and view the technicals for yourself. I have made my case in this video and your comments in the last video helped the last ten minutes of this video. My view is silver is on the move higher not only priced against the us dollar, but even against the rate of the inflation and thus against most other assets. Comments are at the end, sort of like the following comment: harveybirdmannequin - Well silver is nowhere near its nominal high even though gold has set new nominal records. Both are nowhere near inflation adjusted highs. If we go back to gold and silver backed currency, Au would be for large purchases and Ag would be for ...
Tagged with: 07/10/2010 • Analysis • Charts • Silver
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@davincij15 Part 2. In part 1 discussed risk/reward. For you are right the odds of it going to zero is massive in not happening. However if gold or silver buys you 1/4 of what it gets you today in twenty years then its a failing investment and thus was a losing play. If Bear Stearns investors at 100-150 entry points got out at 2.00 a share, it didn’t go to zero, but pretty much did.
The odds Gold loses major value is higher than most think, based on humans waking up to intrinsic value.
@davincij15 thats why lifes a gamble. Not many things are 100% or 0% in certainty of happening. Many humans have been mind controlled into thinking that gambling is only on certain things and is that of bad. That is not true because it is more effective to use risk vs. reward ratios and accept gambling using all variables available to you. My variables state that silver is the best investment, or risk/reward ratio I have ever seen since August 24, 2000 when I had inside info on a CFL game.
@endlessmountain
You can not have an absolute 100% chance of any cause and effect occurring. If you state you will clap you hands together and have every intention of execute the event, even that has no absolute chance of occurring.
HOWEVER! Most cause and effects have and effective rate of 100% because the odds that it will not occur are effectively ZERO.
Thus the long term chance that gold and silver will go to zero is effectively ZERO.
@davincij15 part two. To answer your question on poison based on those variables, then they are both gambling as eating poision gives you a 9x.x% percent chance it will get you, thus it is not certain and not eating posion to live is actually 0% you will live based on death being guaranteed at some point, but its all based on anything that has a 0.0000000000000001%-99.9999999999999% chance of happening is thus a gamble.
@davincij15 the question is never about poison it is about silver having a 100.000000000000000% chance of success for 99.9999999999999999% is not certain and thus I am PROOVING that investing in silver is gambling VIA the DEFINITION of gambling. Therefore, the ONLY WAY you can prove that investing in silver is not gambling is if you tell me there is EXACTLY a 100% or 0% chance that silver will have its gains. An inventory increase of 2300% makes silver investors worried as an example.
@endlessmountain
If you eat poison there is a chance you will not die. If you don’t eat things that have not killed people in the past there is still a chance it will kill you.
So the question is what’s a gamble eating poison or not eating poison to live?
@davincij15 that does not prove it. To prove it at all! The definition of gambling is making a wager on an uncertain outcome. For you have to prove 100% that its certain that silver will gain in value to not be gambling and thus if its 99.9% its still a gamble because at those odds its 1 in a 1000 odds.
You did not prove it what so ever, you gave a stupid analogy that makes no sense. Please review the definition before making laughable comparisons.
I can prove that buying silver is not gambling.
If you eat slow death poison you are gambling you will not die if you do. So how do you know with out a doubt that what you will eat poison you?
History! Other people have died eating poison.
So how do you know that eating it will not kill you because technologies changes?
You can’t, but I will not eat it.
That is way I don’t hold paper, I hold silver and gold. I am not gambling on it you are gambling on things that has never worked.
Nice work. This took you a while to compile. Bottom Line: Silver = Industry, Gold=Fear Ratio will work that way. Love the Stamps/Silver ratio—-very neat perspective of labor/silver. Thanks.
Thank you for taking the time to make a very informative vid!
@connectingdots1 adding a utube link..I just delete everything before the word “youtube.com” the ht)(tp//w(w)w is not needed, and will block the link from being posted.
I hardly ever use stamps. I don’t use my silver, but it’s much nicer to look at.
@FXNorm would you mind /sharing/telling how you’re able to post the full link to another video in a comment?…every time I try to share a link I can only leave the end of the link,it would be nice to leave the entire link.
Thanks!
60 min wow
I just saw a video of JP Morgan allegedly building a “Fort Knox” style depository in Singapore. The gist of this suggests they are physically collecting/hording gold/silver while driving it down on paper via a collective short play. In the end, they will let the market go free with the exposure of fake fiat depositories like ETFs etc.
@FXNorm This was not too much of a surprise. This has been very much a turning point collapse and not a tipping point and it is still early in the turning phase when we take a look at reality.
Derek, did you see this vid on an avalanche of people stopping their mortgage payments?
youtube.com/watch?v=axb9gFwUQww
Hey Derek, excellent video..I was watching all of the charts for head n shoulders patterns..seems those patterns are amazingly accurate even to the point of being able to trade profitably from them when they are well defined..seems that pattern can approach 80% -85% accuracy, which is amazing..maybe even higher. I have trading systems that hit 2 out of 3 but that still leaves the possibility of 8 losers in a row..80-85% would only be about 5 losses in a row..easier to handle psychologically.
brilliant work compute rcrashed at 58.29 grrrrrr
Well that was pretty epic, probably one of the more interesting analysis I have seen.
And I did mean god, when I wrote go(l)d. Even without an established religion, you can see the worship in the eyes of those that covet it above all else. Historically, gold has adorned most religious artifacts, from ancient Egyptians to the Vatican. It is a prime motivator in wars of acquisition, as it is the lightest, most liquid form of real estate and power, it can buy anything, thats why I don’t trust it.
@odddreams I do my best and the process is to keep on striving to get better and know more and present better with each day, week and month.
@bigdreamerforeva Thanks. Something is going to give and a lot of times the fine details you can’t figure out. Im sure the same sort of thing will happen again.
@Azandex That is like having tax on the same car five times over its tenure of multiple owners.
in germany silver coin has 7% tax and silver bar has 19% tax. it is common to pass that tax fee onto the next buyer.
HUGE effort and very thoughtful analysis! I think there will be a knee-jerk reaction with silver when the dow melts down.The dip will be brief and silver will recover fast, mainly because most observers expect a repeat of 2008!!! That won’t happen!