Copper/Gold and Silver/Gold ratios delay their signals (what else is new?)
Daily Copper/Gold ratio ambles, ambles and ambles some more. Sideways for just about a year now.
As if you need a reminder of the big picture implication of Copper/Gold…
A weekly chart of the Silver/Gold ratio shows this indicator holding a key area after its forward inflation signaling flamed out a year ago. Question now is ‘hold and a new and inflationary leg up, or a failure into a dis-inflationary macro (at best)?’
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