Loading ...GLD:SLV RATIO
When Gold is Stronger than Silver… This Ratio is Rising and its NOT good for the PM Sector as a whole .
Of course vica versa
Study this chart ….spot the very Encouraging Divergence !
Also look at all the gaps..dozens of them…all filled…except one
I believe this is the secret to what is happening …if so we have a very happy ending coming this year.
Brilliant I would say !
🙂
Just found another old chart in the Attic…a longer ( weekly) look
PS to the Infamous Goldtent Twitter Plagerizer ….steal this work and I’m coming to get you …you Twit !
Thanks Fully. Needed that. The glass is not half empty, but half full. I also expect the PMs will bottom soon – maybe just not yet. On that note I am going to pour myself a night cap. Cheers, and good night.
Great charts. Thanks Fully.
Just a heads up after all the articles lately on how a certain Gold ETF determines the price of Gold. Apparently one of the top ten physical holders in the world (sounds legit). So yeah they probably do have an influence on the price of Gold FWIW. Take a moment and do a bit of background on the fund and the parent company. Influencing the minds and the investing world since – forever.
I’m waiting for one of the bullion banks to start up a Silver ETF oh wait they are just the custodians of it…… DYODD