…the gold/silver ratio, 12 months:
And as usual, the selective amnesia of technical analysts has kicked in. If you want a bit of boredom in your day, ask any of the specialists who told you silver would fly once gold broke U$1,360/oz what went wrong. They’ll answer with a whole bunch of terms, but “i was wrong” won’t figure in their answer.
Anyway, today’s chart comes with a sound effect: That muffled thudding sound you hear in the background is caused by silverbugs, all a-stomping of their feet and muttering that it isn’t jolly well fair.