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The_dumpster_diver
Jul 20, 2019 7:24 PM

Gold to silver 2 standard deviation move 

Gold/SilverOANDA

Description

Gold cot remains bullish however silver cot indicated a massive short covering is on the way.traditionally gold to silver stays around 40-50 oz silver per 1 oz of gold. Being in the ratio was at a generational (27 year high) the reversion to the mean makes silver likely to outperform gold. That being said silver will move faster than gold to the upside and slower than gold to the downside. Not necessarily bullish or bearish just showing a game plan and likely outperformance of silver vs gold. Macro factors going forth favor a weaker dollar not because the FOMC wants to but has to weaken the dollar, in order to maintain control of the dollar. Ie ioer vs fed funds
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