Yeh, it's the GSR again... when I see profound things in the most important financial chart in the world I tend to beat you to a pulp with it. That is because this little relief has been expected and if it weren't for the likes of the GSR's bearish message, I might be inclined to give more credit to the rebound.Yesterday a website asked me to contribute content. I checked on it and found it is a short term stock picking and trading website. I tagged their mail as 'junk'. More and more I give less and less of a crap about the plays. GET THE MACRO RIGHT. Leave the casino patrons to their thing.
To the chart... I did not make the bottoming pattern form. I did not make MACD become constructive and TRIX confirm (and it's not just in this weekly time frame). I am not mongering the end of the world. But this chart says the gold-silver ratio (indicator on liquidity suckage that it is) is going to continue to rise, pending Relief Blip '10.
GET SAFE.