Loading ...Divergence with GSRs
Guys.. this is odd.
Gold silver ratio using gold futures vs silver futures is down -0.3%
Gold silver ratio using spot gold vs spot silver is up +1%
Gold +1.7% and silver futures +2%
Spot gold flat 0.5% and spot silver down 1%
What GIVES?
It’s just noise, you are putting too sharp of a pencil to it. One should concern himself with the trend
Agreed. Case of me having my head too close to steering wheel.
I find that virtually all commentators offering their analysis of the GSR miss the true significance of what the GSR is telling us. They present it as an indicator of is gold or silver is in a bull market or an uptrend. The main value of it however is the forecasting ability of the GSR to predict a credit crunch.
Just following the GSR would have had you out of the stock market before the crash. It signaled on 25 Feb to exit the market
https://stockcharts.com/h-sc/ui?s=%24gold%3A%24silver&id=p39651096663&listNum=56
Exactly. Overlay dxy and vix with gsr.. they magically look very alike.