SLV Breaking out, With Volume. See ON Balance volume to See relative volume on balance (already purchased) than in the past volume spikes. Consider supply vs demand if inflation continues.
Educational Resource:
www.youtube.com/c/Wa...StreetSilverOfficial
Background:
Gold is Nearing All Time highs.
Silver is at about 1/2 of its pervious ATH.
SI1!
www.tradingview...chart/ZcdAFqj5/?symbol=COM...
Silver is Becoming more valuable in comparison to gold.
www.bullionbypost.co...-silver-ratio-chart/
Gold To silver Ratio coming down, signifying that one ounce of gold is becoming easier to buy with less silver.
As long as inflation remains persistent, and the interest rate remains around 5%, the issue of inflation will not go away unless these two numbers cross. Meaning that inflation will continue to grow, not shrink, and the problem remains. Right now economists are happy with a shrinkage in the rate of growth of inflation, indicating the issue is NOT YET RESOLVED. The Next FOMC is in the first week of May. WE have 3/4 of a month left.
Educational Resource:
www.youtube.com/c/Wa...StreetSilverOfficial
Background:
Gold is Nearing All Time highs.
Silver is at about 1/2 of its pervious ATH.
SI1!
www.tradingview...chart/ZcdAFqj5/?symbol=COM...
Silver is Becoming more valuable in comparison to gold.
www.bullionbypost.co...-silver-ratio-chart/
Gold To silver Ratio coming down, signifying that one ounce of gold is becoming easier to buy with less silver.
As long as inflation remains persistent, and the interest rate remains around 5%, the issue of inflation will not go away unless these two numbers cross. Meaning that inflation will continue to grow, not shrink, and the problem remains. Right now economists are happy with a shrinkage in the rate of growth of inflation, indicating the issue is NOT YET RESOLVED. The Next FOMC is in the first week of May. WE have 3/4 of a month left.