Is Inflation Dead?

Answer (as given by TIP/TLT):  Yes, the Fed stands down; a world full of casino patrons gets hysterical about the impending deflationary collapse!

tip.tlt

Answer (as given the by the Silver-Gold ratio):  Ah, not so fast.

sgr

Is it a less dramatic version of January/February?  Back then the miners went up while the Silver-Gold ratio went down (along with broad markets) before the big relief in commodities and stocks that hit its stride at the beginning of March.

sgr.hui

The counter-cyclical items lead in times of stress, but the Silver-Gold ratio would indicate whether inflation is coming back in view and hence an environment when other items can benefit.

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