Loading ...Note from 2007 the ratio fell form 0.65 to .125…..then traded roughly between 0.12 back up to 0.24 a number of times…all the algos have done is short shares and bt metal…riding each rally out and adding on every rally……as of today they see no need to worry…and are probably as short as they have ever been.
But once the top lines go, they may well find no sellers and a buying frenzy from the public, as news of what the metals are doing gets out and it is….as the mkt wakes up to the only cheap way in, is the shares…..they could run like Plat and Pall are doing….. or faster.