ICouldBeWrong

Gold / Silver Ratio Tops 80 to 1

SB-tiger: I was selling gold at 917 and buying at 838. I own physical so have no problem selling futures. I will probably sell more if I see a good setup.

There are a few reasons I did this. See my previous comments for details.

And please don't misunderstand I think gold is a good long term investment. But either A) the stock market holds above its 2002 lows and now isn't a good time to buy gold as fear levels have already maxed out, or B) the stock market falls below 2002 lows and we're all in big trouble and you might be better off buying long life food and a gun instead of gold.

I think A) is the most probable outcome by far.