alice

NFTRH; Silver-Gold Ratio

Folks, it may be the simplest update I’ve ever sent.  The Silver-Gold ratio is one of our gauges of a would-be inflationary environment to come (beneficial to commodities and other assets as noted so often previously).  Today the Silver-Gold ratio is making another move in the positive direction, with a big spike in relative volume by SLV/GLD.

sgr

The weekly view is also very interesting.  The week has not closed and anything can happen in this frenetic market, but as of now we are on the verge of a signal that would put us early on a more substantial ‘inflation trade’, while most of the world hunkers down amid deflation fears.

sgr.wk

We’ll update if/as needed and definitely cover this again in NFTRH 402.