Third Party > Silver is considered to be a good risk-on/risk-off indicator. When Silver out-performs Gold, it is risk-on, and vice-versa for risk-off. The Silver/Gold Ratio is now at 25-year lows, as shown in Kimble’s chart below, and it is attempting to bottom and begin a recovery. If it succeeds, this would be very positive for metals bulls.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
With the exceptional volatility that has recently gripped global stock markets, many indexes have declined sufficiently enough to now threaten their rising trend-lines. This has negative implications for the nine-year bull market. [more]
eResearch is pleased to provide yet another article on Silver from Chris Kimble of Kimble Charting Solutions. The recent positive action of Silver provides bullish overtones for Gold and the Precious Metals sector. [more]