The gold-silver ratio is finally getting back to some semblance of normal.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
Similar Posts
Gold may eclipse dollar as reserve currency after outsize coronavirus spending: Goldman Sachs
BySirhcThe U.S. dollar’s longstanding status as the world’s reserve currency is at risk after the greenback’s weakening by unprecedented government efforts to shore up the economy during the COVID-19 pandemic, according to Goldman Sachs Group Inc. Ballooning federal debt levels and a potential shift in favor of inflation at the Federal Reserve amid increased geopolitical hostilities, domestic unrest and an onslaught of new…
Trade War Concerns Pressure U.S. Equities and Support Precious Metals
BySirhcGary Wagner Thursday February 07, 2019 18:13 Featuring views and opinions written by market professionals, not staff journalists. Commentaries & Views Share this article: The Chinese markets might be closed this week, however concerns about the continuation of our looming trade war continues. Resulting in U.S equities closing sharply lower today and as of 4:30 PM…
What happens to the gold price when Fed cuts rates next week?
BySirhcWith the Federal Reserve rate cut already priced in for next week, what will actually happen to the gold price once the central bank cuts for the third time this year? Analysts sounded positive as gold’s new technical momentum took prices temporarily to $1,520 an ounce, hitting a two-week high. Since then, prices retreated, but…
MARKET SPOTLIGHT
‘Tables turning’ in global currency markets may lead to further gains for goldBySirhcSource: Heraeus Precious Appraisal Precious metals prices rose in the final weeks of 2022 as the dollar beganto weaken. Despite a boost from the heightened geopolitical uncertainty inQ1’22 and higher inflation than for several decades, by the end of 2022the gold price in dollar terms finished near to where it began last January($1,810/oz vs. $1,825/oz)….
Gold’s ‘Stunning’ Surge Evaporates Shorts With Fed Full-Throttle
BySirhc(Bloomberg) — Traders are abandoning bearish bets on gold as the yellow metal surges to all-time highs. Short interest as a percentage of shares outstanding on the $75 billion SPDR Gold Shares exchange-traded fund, ticker GLD, is near the lowest level since July 2009, according to data from IHS Markit Ltd. Meanwhile, bullish call option…
Silver Just Had Its Best Month In 40 Years: Here Are July’s Best And Worst Performing Assets
BySirhcby Tyler DurdenMon, 08/03/2020 – 13:22 When looking at the torrid market performance in July, Deutsche Bank’s Jim Reid notes that silver (+35%) had its best month since December 1979 while the dollar the worst for a decade. US equities had a good month in spite of rising virus caseloads due to a strong earnings season…