A look at the Gold and Silver Charts (20.03.2025)

Thank you Elon_X space_Ben Garrison cartoon
© Ben Garrison cartoon

Elon rescued the astronauts from their eight day trip eight months later. Boeing was unable or incapable or instructed not to – who knows, I certainly don’t. Glad they are back.

Interesting to note was the news passed by with much less fanfare than expected and where it was broadcast often SpaceX’s involvement was conveniently omitted.

US to South Africa message

South Africa is intent on antagonizing the US by trying to change the name of the street on which the embassy stands, currently 1 Sandton Drive to Leila Khaled Drive (a Palestinian ‘freedom’ fighter),  just to inconvenience the Embassy and force them to change their stationery, as well as forcing them to have the name of a Palestinian on their stationery.

My opinion: Play with fire and reap the rewards.

Instanbul mayor

Turkey is in turmoil after Erdogan jailed his opposition (Istanbul Mayor Imamoglu), and removed his degree so that he cannot run for president. The people are not happy with this dictatorial behavior.

Buy gold versus Bitcoin  (27 January 2025). Mind the gap. Gap is filled. Gold outperforms Bitcoin. Expect a reversal in the near future.

$BTCUSD:$GOLD Bitcoin to US dollar/Gld CRYPT 20 March 2025

ETHUSD: BUY: 20 March 2025. Early days but looking good.

$ETHUSD Ethereum to US Dollar 20 March 2025

BTCUSD: BUY 18 March 2025. Bitcoin and the Nasdaq (Cyan), are following once again.

$BTCUSD Bitcoin to US dollar CRYPT 20 March 2025

Gold stocks outperforming gold. (06 March 2025).

$GOLD:$HUI Gold- Continuous Contract (EOD) Gold Bugs Index -NYSE 20 March 2025

Silver stocks outperform silver (06 March 2025).

$SILVER Silver - Continuous Contract (EOD) CME 20 March 2025

Silver to Gold Ratio

Silver outperforming Gold. (Signal given 06 March 2025) Signals all over the place looks like gold is holding its advantage. We see a spike low here which may herald a turn.

$GOLD:$SILVER Gold Continuous Contract - (EOD) Silver - continuous 20 March 2025

Gold outperforms USD, (11 March 2025).

$GOLD:$USD Gold - Continuous Contract (EOD) CME 20 March 2025
TodayLast Week
Gold Price$3,044.00$2,945.00
Silver Price$33.46$33.18
Gold:Silver ratio91.04:188.77:1
Gold Miners bullish percent index75.0067.86
Dollar Index103.83103.73
Dow:Gold Ratio (BahaUS 41,407.00 Gold price, $3,044.00)13.6014.02
Current USA inflation rate (Dept. of Statistics)2.8%3.0%

Gold’s low of the week was $2,981.00 and the high was $3,057.00, now trading at around $3,044.00.

  • Gold Monthly:  is a hold. We bought in at $1,800.00 in October 2023. Funds flow into the metal are substantial.  No sell signal yet. (Chart below)
  • Gold Weekly:  (Buy 13 January 2025)   Overbought, looking good. No sell signals yet. Looking like a top.
  • Gold Daily: (Buy 13 March 2025).

$GOLD Gold - Continuous Contract (EOD) CME0 20 March 2025

The low for Silver this week was $33.10 and the high $34.23  trading around $33.47 at present.

  • Silver Monthly: Hold. (Buy:  $24.00 March 2024). Weakening.  No sell yet. (Chart below).
  • Silver Weekly: (Buy 27 January 2025) Looking weaker. Funds flow diminishing. No sell yet.
  • Silver Daily: Buy. (4 March 2025).

$SILVER Silver - Continuous Contract (EOD) CME 20 March 2025

Our partner has stock of both gold, silver and Goldbacks in our vaults available in Panama. Please contact us for more information.

Goldback-official-distributor

On the Stockcharts.com charts, the blue vertical lines are our proprietary system buy signals and the red vertical lines are system sell signals – for information purposes only

An interview with Josh, owner of Scottsdale Mint:

Please contact us to arrange the purchase and storage of your gold and silver requirements in a safe, insured location outside of your jurisdiction.

If you are interested in an overview of Fort Kobbe, you may want to have a look at this video: Mike Brown, Director, Fort Kobbe, International Vaults, A DotCom Magazine Exclusive Interview

This is my interpretation of the market and is not to be taken as financial advice. Before making any buy or sell decisions I recommend that you consult with your professional financial advisor.

Larry Simon
Larry Simon

Larry Simon was educated at the University of Witwatersrand, Johannesburg, South Africa and is an experienced businessman specialised in management, investment and finance.

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