Loading ...Silver to gold ratio trend change??
Currently GSR (inverse of SGR) is breaking down below 84.
PM sector specially miners will be rising soon. There have been some sign of early BO in seniors.
SGR bottom in 2015 Dec after 55 years in bearish trend. After topping in 2016 Aug and last two years of consolidation once again SGR is moving higher??
That wll relate to miners to gold ratio trend change as well.. Market is ready to give more value to miners over price of gold which also bottom in 2015 after 55 years in bear trend.
A major move in miners is anticipated now once SGR breaks out from weekly 30 ema line.
The bottom in SGR was called in following post on Dec 9: As BO confirms expect more posts on the subject.
Thanks Bikoo. PMs have carved out a very convincing bottom. The prospects for 2019 are much better in my opinion.