"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, April 25, 2012

Gold-Silver & JNK-LQD ratios at odds...

So who's giving the false signal today?  The GSR seems to think liquidity is in question while the JNK-LQD ratio is of the opinion that the urge to speculate is going to reignite.


















http://www.biiwii.blogspot.com
http://www.biiwii.com
at 4/25/2012 01:02:00 PM
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2 comments:

  1. Maybe the market thinks both that the USA is in a risk-on expansionary environment AT THE SAME TIME AS it thinks the industrial commodities (like silver) will remain in decline?

    Stick that in your pipe and smoke it, and tell me how it smells!

    ReplyDelete

  2. Oh - or maybe JNK is still in a boring old range and you're zooming in too ight to see anything.

    ReplyDelete

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