GSR trendlines and silver
Of course not TA and I’m not drawing any conclusions or targets from this chart but thought the group might find the A,B,C and D GSR bottoms (from prior tops 1,2,3,4) interesting.
I’m sure the upside possibilities after the ATH were as inconceivable to those on Feb 4, 1979, as our expectations above $48.50 are.
REF: https://www.macrotrends.net/1441/gold-to-silver-ratio
Nice chart. Hope silver or GSR do not go up tooo fast. That will kill the PM market in hurry like in 1980.
Very nicely done.
Is that a FRED chart? They track gold vs silver ratio… interessting.
Ref added
https://www.macrotrends.net/1441/gold-to-silver-ratio