Silver : Gold Ratio Updated

Once again, Silver:Gold has been unable to punch through the strong resistance level of .017 Ounces of Silver for One Ounce of Gold. Looking at the daily and weekly silver/gold ratio charts above shows a clear picture of where we are right now.

It would seem silver is being kicked to the curb once again. But is it really? Is gold destined to continue to outperform silver forever? Some highly intelligent investors like Gary at Biiwii believe so.

I always read Gary's blog as it is both entertaining and useful information. He has a very unique slant on things.

On the other hand, I always read Jim Sinclair's Blog as well. His slant is very unique as well.

Both of these gentlemen interestingly enough are pro gold. While Mr. Sinclair is less bearish on silver than Gary is, he has at times taken to badmouthing silver as well as badmouthing Sinclair. I believe that Mr. Sinclair has forgotten more about gold, silver, currencies, derivatives and trading than most humans could ever hope to learn in a lifetime. He is the real deal.

I am one of those "Silver Bugz" that Gary speaks of. I do believe that silver is extremely undervalued and that one day it will return to what I consider a more realistic relationship with the price of gold.

But for now, Gold looks set to outperform silver once again.

Chiropractor Outside Sales Representative Sought

Phoenix Arizona, October 6, 2009

Leading dietary supplement company seeks outside sales rep for chiropractic market.

Position is 100% commission based. High commission rate with a product rapidly gaining acceptance with chiropractors across the nation.

You set your own hours. You work from your own location. You keep the accounts that you represent and get paid on all sales to that account.

Perfect opportunity for someone currently selling natural wellness products and dietary supplements into the chiropractic industry.

Candidates send resume and contact information to: marketbust@gmail.com.

Silver Gold Ratio Chart Update September 21, 2009

The Silver to Gold ratio briefly challenged stiff resistance at 0.017 but failed for now. What is next?

BAD DOCTOR REPORT: Arturo Gonzalez, M.D., F.A.A.P.

WARNING: Avoid These Doctors or Pay the Price With Your Child's Health, Your Wallet and Your Credit Score

Avoid: Scottsdale Childrens Group

Arturo Gonzalez, M.D., F.A.A.P.
Susan Burke, M.D., F.A.A.P.

Disclaimer: This is my personal opinion only based on my experience with this doctor.

Dr. Arturo Gonzales saw my child for an ear problem where my child's ear was filling up with a white creamy or foam like substance. Dr. Gonzales diagnosed it as a bacterial infection. He prescribed antibiotics to my child and also did an ear flush with peroxide and water.

This did not fix the problem as there continued to be a continual build up in his ear. The doctor did some more tests and decided to prescribe liquid antibiotic ear drops as well as stronger oral antibiotics.

After two more weeks and more doctors visits, ear flushes and money paid to Dr. Gonzales, the problem was still there.

The doctor was at a loss as to what it could be so I took my child to an ENT in Scottsdale AZ. This professional was able to diagnose my child's condition immediately. It was not bacterial pus, but rather a simple fungal growth that was creating a white substance and plugging his ear.

After treating it with an anti-fungal, the ear problem that had plagued us for over a month and cost us Hundreds of dollars in doctors payment as well as several hundred more in harmful antibiotics, my child's ear problem was finally cured.

Here is where the story goes really bad. After I received the invoices from the doctor, I contacted him and told him that it was fungal and not bacterial and that after all of the money I had paid in antibiotics and the pain and suffering that my child had endured over the month of treating it incorrectly, that I did not feel it was fair for him to bill me his full rate. Additionally, I informed him that I had paid several hundred more to the ENT who did fix the problem. This ended up costing around $1000 for a simple fungal growth in his ear.

I asked him to split his bill with me as we had been long term clients. Dr. Arturo Gonzales refused to do so. In fact, he turned me over to collections without telling me and severly damaged my credit score.

He was not man enough to get on the telephone and talk to me but rather hid behind his office staff and assistants. Even after I called repeatedly and asked to talk to him or Dr. Burke who was our primary care physician I would only receive calls back from medical assistants who had "talked to the doctor".

I would recommend that anyone considering using Dr. Gonzales or the Scottsdale Childrens Physician Group think twice about doing so. I would consider going to a group or a doctor that actually cares about the patient more than their own wallet.

They were given many opportunities to make this problem go away, but all they really care about in the end is their pocket book, not your family's health.

Our primary care physician was Dr. Susan Burke, M.D., F.A.A.P. We ended up seeing Dr. Gonzales because he was the doctor on staff that day.

Even though both of our children had been seeing Dr. Burke for many years and we considered her to be an excellent doctor. Unfortunately, she personally signed off on the invoice sending us into collections and damaging our credit report.

Therefore, Dr. Susan Burke has shown that she values a couple of hundred dollars more than doing what is right. She would rather ruin a long standing relationship with her clients and customers than to work to resolve a bad diagnosis by her partner, all for about $300. Dr. Susan Burke should be ashamed of herself as should Dr. Arturo Gonzales.

I am telling all family and friends to avoid this unscrupulous pair.

This is my review of Scottsdale Childrens Group, Dr. Susan Burke and Dr. Arturo Gonzales. I live in Scottsdale AZ.

Silver Price and Gold Price In Google Trends Update

Gold Price









Silver Price








Here are the most recent charts of the "Google Trends" for the search terms "Silver Price" and "Gold Price".

It looks like they are starting to spike upwards again although they are not nearly as high as they have been previously.

Silver Gold Ratio Update

This chart shows the Silver/Gold ratio has broken through the .017 resistance level. So will it stick? Or will it turn over now and will we see a drastic sell off in silver and less so in gold?

Every time I think silver might actually start outperforming gold for an extended period of time and getting the ratio back in line with reality, then bang, that is the time silver gets hammered.

So I won't be surprised if that is what happens here again. Where have I seen this played out before anyway?

Silver/Gold Ratio: Not Gold to Silver Ratio?

Looking at the Silver to Gold ratio, it appears that although silver has been outperforming gold as of late, this may be coming to an end soon. For this trend to continue, the silver/gold ratio would have to break above the 0.017 level and remain there.

This looks like formidable resistance that may be hard to take out. It seems that if it were broken decisively that the silver price would be able to continue its recent performance of the gold price. This would make sense to me seeing that silver was sold off much harder than gold during the last correction and has some catching up to do.

Add to that the fact that silver is extremely cheap in terms of gold.

Why Are Sterling Mining Company (SRLMQ) Shares Being Bid Up?

Shares of Sterling Mining Company are up over 100% in the last 4 trading days from $0.08 to $0.18 as of this writing. But why?

Sterling entered into bankruptcy on March 2, 2009. It's share price has traded as low as under 1 cent per share. But now, the shares are rocketing higher.

One reason might be that Sterling Mining just took back control of the famous (infamous) Sunshine Silver Mine.

Sterling Mining Company Spokesman Bob Higdem, left, receives the keys to the Sunshine Mine from Sunshine Precious Metals Inc., security personnel Wednesday afternoon.

Source: Shoshone News Press

But, do Sterling Mining Company common shares which currently trade under the symbol SRLMQ have any value?

Apparently someone thinks they do. But I have to wonder seeing as they entered bankruptcy if the common shareholders will retain any value when all is said and done. It seems possible that the common shareholders could just get wiped out by the bankruptcy court leaving the shareholders the empty bag.

It is pretty interesting to see them take back control of the mine though.

I own shares of Sterling Mining and have lost almost all of my investment on this company.

World Wide Silver & Gold Public Sentiment Charts

Silver Prices Searched





Gold Prices Searched




Here is a unique way to gauge the public's (worldwide) current interest in silver and gold as investments and stores of value.

These charts show the trends (data from Google Trends) from Google Searches (worldwide) that were done for the keywords "Silver Price" and "Gold Price".

The theory being when the most people are looking up the price of silver or gold, this could be a contrary indicator for when silver and gold may be topping out or making a bottom. Or in other words, this could be a good indicator for trend changes in the price of gold and silver.

Searches on Google for the key words "gold price" surged and topped out near the end of 2008 and has been declining steadily ever since.

Searches on Google for the key words "silver price" topped out in early 2008 and then made another spike in late 2008. Since then they have been declining ever since.

Silver and Gold price searches on Google seem to be making a bottom around the 1.00 level.

The price of silver reached $21.44 U.S. in early 2008 while the google trend indicator was peaking.

The price of gold peaked out at $1033.90 on a weekly close around that same time.

Interestingly, both search terms had spikes in late 2008 with gold having it's largest search spike then. This was at the same time that both metals were putting in bottoms on the charts.

So now it looks to me like we are on the verge of a new breakout in gold and silver prices based on the number of searches by the public on Google compared to the current prices of gold and silver.

The way I see it is this. Right now, the public is not searching for the terms "Gold Price" and "Silver Price" which shows me that they are not interested in gold and silver.

At the same time, gold is getting close to $1000.00 U.S. per ounce and silver is knocking at the door of of U.S. $15.00 per ounce.

With prices of gold near all time highs and no search interest from the public, maybe it is time for a price run up while the public is not interested or not invested.

Question: Is Silver Rarer Than Gold?

The quick answer is YES.

But.... those are the facts as far as I can tell. In fact, above ground refined silver is about 4 to 5 times as rare as above ground refined gold and possibly up to 7 times as rare in available form.

But how could that be? It really doesn't seem possible that silver which is currently selling for around U.S. $14.00 per ounce could be more rare than gold which is currently selling for around U.S. $950 per ounce.

This puts the ratio of Gold to Silver at approximately 67 or in other words you can get almost 67 ounces of silver for each ounce of gold that you own. Or, put another way, gold is 67 times as expensive as silver.

This would initially make me think wow, gold must be about 67 times as rare as silver. But, pricing isn't done on rarity alone.

Platinum is about 30 times as rare as gold and guess what? Platinum is more expensive than gold. This makes sense. But, platinum is not 30 times as expensive as gold.

How much above ground gold and silver is there?

Gold:
According to this site there is somewhere between 120,000 and 140,000 tons of above ground refined gold in the world today. The World Gold Council estimates there is 145,000 tons of above ground gold today. Since 1 short ton is equal to 29,166.6667 troy ounces, using a figure of 140,000 tons of gold would equate to just over 4 billion ounces of gold in the world today. Some estimates say it is as high as 5 billion ounces.

Silver:
So how much silver is there? According to David Morgan, one of the renowned silver investors, there are roughly one billion ounces of refined above ground silver in the world today. According to Jason Hommel, there is between 250 million to 650 million ounces of above ground silver not including silver jewelry. Jeffrey Christian of CPM Group told Resource Investor that the market has about 500 million ounces of silver total. So for the ease of calculation and conservatism we will go with the higher number of 1 billion ounces of above ground silver in the world today.

So with this said, silver is 4 to 5 times more rare than gold. And yet gold is 67 times more expensive than silver.

Historically, silver is found in the earths' crust in a ration of about 10 or 15 ounces to each ounce of gold that is mined. Looking historically at the silver to gold ratio, the ratio is normally much lower than it currently is. So, is silver undervalued? Is Gold overvalued when compared to silver?

Can this really be true? How long can this last? How many people in the world are actually aware of this?