A look at the Gold and Silver Charts (24.04.2025)

The art of a kneel_Ben Garrison cartoon
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What a fascinating world we’re living in. Who does one believe? Can we believe the economics we were taught or were we just being corralled into the same think tank? 

I like the idea of tariffs at a low base, worldwide. Ridiculous numbers are just a disincentive to doing business with certain countries. The world is not what it used to be. Get too smart, and other markets can be sought.

America, as much as it would like, is not the be all and end all market it used to be. If we look at populations, America is only 360,000,000 people. China, India, and Pakistan have huge, growing, developing populations and are becoming interesting viable markets.

Countries can negotiate whatever agreement they want and take the consequences thereof.

Buy: (15 April 2025).

$PLAT Platinium Continuous 2025-04-24

Buy: (10 April 2025)

URA global X Uranium ETF 2025-04-24

BUY bitcoin versus gold (22 April 2025).

$BTCUSD:$GOLD Bitcoin to US dollar/Gld CRYPT 24 April 2025

ETHUSD: BUY: 23 April 2025. ETH broke down. ETH has a potential buy signal, but not with great conviction. I am unhappy that it gives a buy and overbought simultaneously.

$ETHUSD Ethereum to US Dollar 24 April 2025

BTCUSD: BUY: 21 April 2025.  NASDAQ (Cyan). The BTCUSD is still following the Nasdaq. The Trump flip flop on tariffs and trade deals makes predicting the trajectory of not only Bitcoin but stocks a difficult guess.

$BTCUSD Bitcoin to US dollar CRYPT 24 April 2025

Gold stocks outperforming gold. (10 April 2025). After a Trump blip. No change indicated yet.

$GOLD:$HUI Gold- Continuous Contract (EOD) Gold Bugs Index -NYSE 24 April 2025

Silver stocks outperform silver (09 April 2025). This is changing, but needs a little more confirmation prior to changing the signal.

$SILVER - SIL Silver- Continuous Contract (EOD) Global X Silver Miners ETF 24 April 2025

The past number of weeks have been fascinating, with gold taking off like a scalded cat. The wars, the uncertain economic situation, America imposing tariffs, on again, off again, negotiations, and markets reshuffling.

Gold has performed the job of stabilizing markets. It was due for revaluation, which many analysts have been predicting. Has the revaluation been completed? Not by a long shot, in my opinion. Has it reached an interim top? Absolutely.

The weekly chart has given us a beautiful spike high, and I expect a consolidation or relatively minor pullback from here. I believe it will build a base and then continue to increase in price. 

In addition the dollar index is now trading below 100.00, a psychological negative.

Silver to Gold Ratio

Silver outperforming Gold. (Signal given 22 April 2025)  When we think that silver is coming out of the ground at about 8:1 something is way out of kilter. Silver is an astounding buy at this time or gold is in for an extremely heavy correction.

$GOLD:$SILVER Gold Continuous Contract - (EOD) Silver - continuous 24 April 2025

Gold outperforms USD, (11 March 2025). With current volatility it is extremely difficult to predict future moves.

$GOLD:$USD Gold - Continuous Contract (EOD) CME 24 April 2025

TodayLast Week
Gold Price$3,282.00$3,230.00
Silver Price$33.07$31.40
Gold:Silver ratio99.69:1102.55:1
Gold Miners bullish percent index82.1478.57
Dollar Index99.6599.44
Dow:Gold Ratio (BahaUS 39,809.00 Gold price, $3,282.00)12.1312.47
Current USA inflation rate (Dept. of Statistics)2.4%2.8%

Gold’s low of the week was $3,259.00 and the high was $3,499.00, now trading at around $3,285.00.

  • Gold Monthly:  is a hold. We bought in at $1,800.00 in October 2023. Funds flows 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 14 April 2025). Looking toppy waiting for a sell signal.

$GOLD Gold - Continuous Contract (EOD) CME0 24 April 2025

The low for Silver this week was $32.05 and the high $33.69, trading around $33.03 at present.

  • Silver Monthly: Hold. (Buy:  $24.00 March 2024). Weakening.  No sell yet. (Chart below). Had a bit of a scary month.
  • Silver Weekly: (BUY 14 April 2025) Rebuilding nicely.
  • Silver Daily: BUY. (14 April 2025). Still has room to run.

$SILVER Silver - Continuous Contract (EOD) CME 24 April 2025

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

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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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