Each time the gold/silver ratio moved more than 2 standard deviations away from its 200-week moving average since 1971, it resulted in a mean-reversion move. This ratio is currently at its most extended levels since the 2008 crisis. $gold $silver $GLD $SLV $GDX $GDXJ $SLV pic.twitter.com/3Ess7oHktz — Aazan Habib, CFA, CMT (@aazanhabibCMT) April 5, 2020 […]
Chart of the Day – Thursday, December 26th, 2019
Somewhere, the Hunt Brothers are smiling.. pic.twitter.com/CwtgfUcXtj — Walter Deemer (@WalterDeemer) December 26, 2019 Today’s Chart of the Day was shared on Twitter by Walter Deemer (@WalterDeemer). It’s a daily bar chart of the Silver ETF, $SLV. The ETF closed higher for the sixth consecutive session today. During those six sessions, $SLV has gained over […]
Chart of the Day – Monday, September 23rd, 2019
Today’s Chart of the Day was shared on Twitter by our very own Steve Strazza (@sstrazza). It’s a chart of the Silver/Gold ratio. This is a popular risk-on/risk-off gauge for Precious Metals. When the line is rising, it means Silver is outperforming Gold. Silver is perceived to be more volatile and aggressive than Gold. Therefore, […]