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XMFSinchiruna (26.51)

Gold vs. the S&P 500 -- 2001-2008 -- Timely Repost. :) What a long-term secular bull market looks like on a chart.



July 10, 2008 – Comments (7)

This charts the ratio between the two since 1/2001.

7 Comments – Post Your Own

#1) On July 10, 2008 at 11:08 PM, Tastylunch (28.73) wrote:

Thanks for the repost. any chance you could link a bigger chart? I can make most of it out but some of the words are a little small....

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#2) On July 10, 2008 at 11:47 PM, XMFSinchiruna (26.51) wrote:

Sorry Tasty.. that's the only one I have.  Yellow is gold, black is S&P 500     :)

words bottom left just indicates chart starts 1/2001 with both at a value of 1.

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#3) On July 11, 2008 at 12:59 AM, AnomaLee (29.03) wrote:

Still blurry, but I hope that helps a bit...

Chris, do you have any thoughts on silver plays. If the gold:oil ratio is low and if the gold:silver ratio is low(half of typical values) I imagine a lot of safety there and/or upside. I have positions in SLV along with Double Long Gold but there doens't seem to be a lot of silver miners. I looked into Endeavor Silver and it's the best I found so far. I'm actually thinking about buying. Any suggestions?

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#4) On July 11, 2008 at 2:17 AM, Tastylunch (28.73) wrote:

Anomalee I'm pretty sure Endeavor is one of Sinchi's favorites...

Thanks for the blowup that does help.

No worries Sinchi, I appreciate the clarification. That was my guess, but you know I like to be extra sure before drawing any grand conclusions :-)



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#5) On July 11, 2008 at 3:16 AM, XMFSinchiruna (26.51) wrote:


My major silver holdings from biggest to smallest:

SLW is #1, by far.  My second largest holding overall after CEF.  Should be trading today at 1.2X silver spot based upon very easy to calculate valuation model.  That multiple will increase as spot increases, so SLW offers the best leverage to silver spot available, IMO.  I changed all my SLV over to SLW too.

2. Great Panther (GPRLF.PK).  Unbelieveably cheap here!!  Look how beaten up she is in the chart, and yet this is a producer!!  Trades like an exploration-stage junior.  Ramping into some major production incoming year or two.

3.  EXK      Simply awesome

4. ECU Silver... almost as awesome.  (ECUXF.PK)

5.  CDE   On valuation alone... I can't wait to see those shorts running for the hills once earnings come out.



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#6) On July 11, 2008 at 6:39 AM, binv271828 (< 20) wrote:

Yep, I would call that a bull market :) Nice post!

I like all of your Silver picks there and I can't argue with any one. I would like to throw my $0.000002 :)  in and make a case for HL too. They are a very strong producer and are expected to be doubling production this year. At $13 they (may) have been considered expensive, at $8 they look very cheap. Personally I loaded up when they got all the way back down to 7.50. Great miners and great management.

Please let me know if you agree / disagree. Thanks! 

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#7) On July 11, 2008 at 10:07 AM, Jro81 (< 20) wrote:

Excellent chart .... I think you should look at SSRI (Silver Standard), SBB-V (Sabina Silver - Toronto Venture exchange) & Minefinders (MFN) which is a closet silver play.

Keep up the good work,


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