Or slowly I ‘toin’ to more accurately reflect the Stooges’ Brooklyn accents.
The Gold/Silver ratio is still in a bull flag and it is still attempting to break the flag to the upside. The US dollar maintains its uptrend as the Fed/Treasury double barrelled (funny) munny bonanza has not been able to impair it thus far. This is a dangerous looking indicator for the stock market. If that sounds bearish well, I am not positioned as such. But risk is at untenable levels IMO and I am managing that daily.
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.