Gold - Silver Ratio

2년 전

The GSR is once again approaching the multi-decade ATH around 86-87. The next few days & weeks will be interesting to watch and see what happens. The fact we are at these nosebleed levels is a function of leverage on the COMEX and IMHO are clearly unsustainable. We are already seeing crazy moves in Palladium and Rhodium, I think this is just foreshadowing of what is to come long term in the much larger Gold and Silver markets. If we don't break out higher soon, I think we are in for a breakdown below 80 by mid-summer. But silver has been held below $20 for far longer than I would have imagined 5 or 6 years ago, so what do I know? Apparently not much.

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@matthewwarn

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Like boots or hearts, when they start
They really fall apart!

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You are wiser beyond your years @thedamus :-)

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Bah... they’re lyrics from a Tragically Hip song
😜👍

The Master of Puppets are still controlling the strings ..... for now anyway

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They've held it together longer than we expected.

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