Or in Moe’s classic Brooklyn accent, “slowly I toined…”
I am thinking it might be nice to have a running view of the Gold/Silver ratio, at least as long as it is at a potential turning point, which above the daily EMA 20 it still is (as it eases today to fill yesterday’s little fear gap).
To review, the Gold/Silver ratio is important only if you want to get the next phase of the macro right and its direction will decide that. Hat tip Bob Hoye on his alternate name for it, “a metallic credit spread”.
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