That’s it for Silver?
Gold/Silver Ratio whenever it gets this oversold has marked the end of the silver parabolic pumps. Is this time different?
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Thanks Dadoc. Good question. I was just wondering too because silver failed to reach its price target before correcting. Its not a good sign. For the bull to continue it must reach or exceed certain price levels. Silver did not quite get there. Maybe its got juice tomorrow though.
Armstrong has big confluence of cycles hitting the silver, industrial & monetary demand with war. China to curb silver exports Jan 1st also. My quarterly silver:gold shows back up into the channel. Silver Storm +16% today, Nickel Creek +18% amongst others on the move
Ratio sitting at a couple of older points
https://www.tradingview.com/x/iKRQHOHP/