IKN

More matter with less art

Chart of the day is…

…the Gold/Silver Ratio (GSR), year-to-date:

There’s too much getting read into this ratio at the moment, methinks. Sorry Gary, what you’re watching like a veritable hawk here…it’s just noise nowadays. It’s charty twiddling that cannot and will never be able to predict the type of CenBank move we saw yesterday…y’know, the stuff that really matters.
Sometimes the Gold/Silver ratio has a purpose. Othertimes it’s just one more random walk in TA Fantasyland.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.