As it stands now, the Silver/Gold ratio (SGR) is not buying the message that nominal markets (dropping) and the US dollar (rising hard) are trying to convey. As it stands now, it is a positive divergence for the inflation trades, precious metals and broad markets amid the widespread pullbacks in nominal markets. I took the profit on SLV on the prospect that today might represent peak “inflation” fear for this cycle. But that would not be proven until/unless the SGR fails.
NFTRH+; Video Update on the Silver/Gold Ratio
