Precious Metal Trading
Posted: Sat Oct 10, 2015 4:48 pm
update: found the original article https://www.youtube.com/watch?v=tGhp8aST6mo
Hello All,
Came across an interesting trading methodology for PM's and was after some input.
Briefly it works like this.
When the Gold/Oil ratio is favourable - buy gold,
http://www.macrotrends.net/1380/gold-to ... ical-chart
If not, investigate silver - if its favourable - then buy
http://www.macrotrends.net/1441/gold-to ... ical-chart
Once the ratio's reverse, sell the silver and purchase gold
Any thoughts on this? Seems like a "long term" trading plan…..
Regards,
Hal
Hello All,
Came across an interesting trading methodology for PM's and was after some input.
Briefly it works like this.
When the Gold/Oil ratio is favourable - buy gold,
http://www.macrotrends.net/1380/gold-to ... ical-chart
If not, investigate silver - if its favourable - then buy
http://www.macrotrends.net/1441/gold-to ... ical-chart
Once the ratio's reverse, sell the silver and purchase gold
Any thoughts on this? Seems like a "long term" trading plan…..
Regards,
Hal