Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Gold/Silver ratio *PIC*
In Response To: Silver *PIC* ()

This chart is telling a story now as well, possibly two.

First, today's clear break above the 50dma (first time above since last August), coupled with the RSI moving strongly above 50, suggests that the breakdown in Silver will likely be confirmed as a valid one. Dramatically lower Silver prices to follow?

Second, if a new uptrend emerges/continues in this ratio, we could be in for some turbulent times across a host of markets (commodity, currency, stock, credit) similar to what occurred in 2008...credit crunch part deux perhaps?

Early days in this chart to be sure and still has to clear a few technical hurdles to confirm a turn, but today's 'shot across the bow' commands close attention going forward me thinks...

Messages In This Thread

Re: Gold/Silver ratio *PIC*