Loading ...….the pullback in Gold this past Tuesday (from $2940 to $2867)????
And speaking of the Gold/Silver ratio, this from Peter Schiff (yes, he’s been a bit of a Gold shill for many years now):
The gold-to-silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Over the past century, this ratio has typically ranged between 40:1 and 70:1. When it rises above 80:1, silver has often experienced sharp upward movements in price. Currently, with gold soaring past previous highs and silver lagging behind, the imbalance suggests that silver could be due for a strong rally.
That’s especially true as gold is unlikely to be done with its trend of hitting all-time highs this year, and may surge further into the stratosphere. Now silver is edging back up—are we about to witness an epic breakout?