The Gold/Silver ratio has been spiking upward while the US dollar (UUP shown in the bottom panel) has been pulling back. In that respect this week’s proceedings are different than Q4 2008, when the 2 riders brought deflationary destruction to this land and to distant shores. Johnny Yen is trying to play Uncle Buck’s role right now but it has not proven anything definitive in the least yet. So for now, it’s 1 Horseman trying to bring destruction and that’s different than Armageddon ’08.
Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.