Weekend Read!!!

GSR needs to confirm trend change in PM sector. So far other indicators have shown signs of trend change. BUT GSR is holding out.
Real price of Gold gold to commodity ratio all time high
XAU to gold ratio breakout.
Yield spread has been widening
Only GSR is trading all time high????

https://goldswitzerland.com/gold-price-signals-next-global-crisis/

“Finally it happened although it took 6 long years to break through The Gold Maginot Line at $1,350!”

“The precious metals rally hasn’t really started yet. Gold has moved up $125 since May 30th but silver is lagging behind with the gold/silver ratio at over 92, a new high for this century. The paper silver shorts are fighting a desperate battle to hold the white metal down. They will eventually fail of course, although we could see the ratio going a bit higher before it turns. Once the turn comes, the silver price will explode and go up more than twice as fast as gold. If the ratio reaches the 30 level as in 2011, silver will go up 3x as fast as gold. When gold reaches $2,000, silver should reach $66. But that is only the beginning. But we must remember that silver is extremely volatile and not for the faint hearted.”