G/S Ratio Breaks Out. Bearish for Gold & Silver
The Gold-Silver ratio, which represents the number of ounces of silver required to purchase one ounce of gold, is currently showing a bearish trend. This is evident from the ratio breaking its 19-day chart, indicating a significant shift towards bearishness for precious metals. This trend suggests that the market may experience many months of downside, which could lead to a considerable decline in the prices of gold and silver. Investors may want to exercise caution and consider diversifying their portfolios in light of this trend.
I am shorting silver.
I am shorting silver.
Again, the kingdom of heaven is like a merchant looking for fine pearls. When he found one of great value, he went away and sold everything he had and bought it.