Gold-Silver ratio & USD

The GSR proxy (GLD-SLV) has not pulled back in a strong manner, yet the USD proxy (UUP) shows Uncle Buck has done some good downside work.  It is obvious that markets are simply running inverse the US dollar, even when factoring the European noise, which changes daily during the negotiations on the terms of bailing out the Greek disaster. 

Will GSR decline to one of the Fib retrace levels, sending USD even further into correction territory?  Dunno my friends.  But I do know risk is higher now than it was when both of these 'liquidity' indicators were over bought.

More and more this appears to be a market that needs to be operated on within a risk vs. reward regimen as opposed to trying to pick tops and bottoms.

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