NFTRH+; Until This Changes…

Until the US dollar breaks down from its little bounce pattern this will remain a caveat to the resumption of the anti-USD inflation trades, regardless of what the Silver/Gold ratio says. Inflation expectations, while still firmly in the uptrend from last year, are actually easing today. That could be what is influencing the US dollar.

As for silver and the Silver/Gold ratio, I’ll continue to say open minded, but weary of the hype.

dxy