So what is it going to be, SPX keeps levitating higher and silver reverses and leads the PM's higher or a less happy alternative (for the broad market, at least)? Interesting market, but there is precedent. http://www.biiwii.blogspot.com
Monday, January 24, 2011
Silver-Gold Ratio, different this time?
The S&P 500 would have us believe yes. Forget about the Trannies, the small caps and the Nasdaq to a degree. One problem for the market however; last week in NFTRH119 we reviewed the lag in 2008 from the time that silver began leading gold down to the time that the SPX finally rolled over.
So what is it going to be, SPX keeps levitating higher and silver reverses and leads the PM's higher or a less happy alternative (for the broad market, at least)? Interesting market, but there is precedent. http://www.biiwii.blogspot.com
So what is it going to be, SPX keeps levitating higher and silver reverses and leads the PM's higher or a less happy alternative (for the broad market, at least)? Interesting market, but there is precedent. http://www.biiwii.blogspot.com
