I wanted to get this posted now but am not going to proof it for typos or confusing language (past dinner time). I’ll proof it
Gold/Silver ratio indicates waning market liquidity Since its fellow rider, the much reviled US dollar, is also still in rally mode the implication of the
Quality companies like Franco Nevada and Kirkland Lake are filling gaps Make no mistake, the HUI Gold Bugs index is technically bad and if we’re
USD (DXY) is back above the neckline. Gold/Silver ratio never did break down and is now ticking a new high for this cycle. My lean
HUI’s technical status on the near-term daily chart view is not good. Anything can happen and charts can change. But this is a bearish chart.
Gold and silver got bombed last night and have been recovering ever since. Here is the status of what are thus far Hammer candles. Gold