Friday, February 18, 2011

Cu - Au Ratio reversal

If it ends the month below the red band, we hold open the deflation episode argument.  If it does the opposite, we throw it in the ring with other indicators like gold-silver ratio, indicating inflationary Wonderland.  Related:  see Tips Break-evens Say Inflation Expectations Are Rising.  Will the herd do something they usually do not do and be right at an important turn?  Hmmm?

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