News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
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*** GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Gold Market Update

The Classic Sign of a Bull Market

May 29, 2024 - (Gold Market Wire) - The classic sign of a Metals Bull Market occurs when Silver starts to run away from Gold. We have been experiencing this lately, with a strong collapse in the ratio between the two metals.

Here's the chart of the ratio, and it is significant.

...talk about a change of fortunes...

If we zoom out, we can see how this is signaling an acceleration phase.

weekly chart

Its worth remembering that this ratio went towards 40, during our 2011 peak...so we may have further to go.

On the flat price, Silver is producing the exact pattern you'd expect:

an item of interest, no doubt.

All the while Gold, has been meandering. It will 'catch up', without a doubt... but we doubt the ratio will widen back out to the 80s. Those days are gone.

Alpha in the Silver.

A trader's market par excellence.

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