Is anyone paying attention to this? Silver outperforms gold in an expansion as the inflation had already happened. But in a contraction, which the GSR is clearly forecasting, gold will outperform as policy makers come under the gun to inflate. Gold is the early warning mechanism before easy money finds its way into all the 'inflatables'. This cannot be disputed at least in so far as the last contraction was concerned. It spawned this major bull market in gold.

Saturday, December 15, 2007
Gold-Silver Ratio
Posted by
Gary from biiwii.com
at
6:56 PM
