GOLD / SILVER
Here is a "ridiculous" gold/silver ratio chart .. We know markets love extremes, so it is perfectly "normal" for a swing in one direction (gold/silver = 120) to swing in the other direction (gold/silver=25) .. so even though it is ridiculous for a rational mind to expect gold +$2400 and silver +$110 by May, that is what the chart says ..
I could try to rationalize it:
- money temporarily leaving crypto currencies (gold/bitcoin ratio chart suggests the same)
- money leaving stock market - optimism has reached ridiculous^2 levels (I expect flash crash into March/April)
- or horde hordes of retail investors after running out of small stocks to melt up will melt up silver for a change ..
only time will tell.
I could try to rationalize it:
- money temporarily leaving crypto currencies (gold/bitcoin ratio chart suggests the same)
- money leaving stock market - optimism has reached ridiculous^2 levels (I expect flash crash into March/April)
- or horde hordes of retail investors after running out of small stocks to melt up will melt up silver for a change ..
only time will tell.
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)
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