Loading ...Gold/Silver Ratio – The Final Spike
I believe this morning’s GSR spike to 90, once again, will turn out to be the final top for gold’s outperformance.
From here on out, silver should begin to at least hold it’s position and then begin to gain on gold, lowering the ratio going forward.
Considering that I expect gold to rocket towards, and eventually above $2300, the long awaited gains in silver, should be close at hand.
To be specific 7am ET gold 2234 silver 24.51. ratio 91.15.
Ignore price levels, GSR is the guide – what and when to buy/exchange/own.
FWIW (not much) my target for GDX is $36 by 04/24, then a substantial re-trace.
Great observation! Hi Ho silver.
Your calls at turning points and breakouts have been very insightful. Thank you for your dedication to your craft of charting.
I am not worthy.
My pleasure, UH. Thanks for your kind words. Hi Ho silver, indeed!