Thursday, November 10, 2016

Something Big In The Making

The divergence between the prices of gold and silver is extending:


At the time of writing gold is 1.3% down but silver is 0.4% up.

Well, generally gold and silver go in tandem. If the prices diverge it is only a question of time when the old relationship is re-established. 

However, the question is: which metal is leading? If it is gold so a huge slump is coming. And vice-versa...
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7 comments:

  1. UnknownNovember 10, 2016 at 11:43 AM

    Visto che il 9 novembre sono stati aggiunti in GLD $ 220M sarei orientato a pensare che sia l'argento a portare l'oro.

    ReplyDelete
    Replies
    1. Simple DigressionsNovember 10, 2016 at 12:30 PM

      Another confirmation that something big is in the making: GDXJ looks stronger than GDX (which is indicative of a bull market in gold).

      But you know, sometimes markets are getting mad...

      Delete
    2. UnknownNovember 10, 2016 at 12:46 PM

      e inoltre guarda il TSI 7,4,7 del $GOLD .

      Delete
  2. UnknownNovember 10, 2016 at 12:23 PM

    I buoni del tesoro a 30 anni americani sono in fase di gran svendita. Cosa succederebbe se l'oro crescesse in questi giorni?
    L'investitore comprerebbe l'oro anzichè i buoni del tesoro .
    Le banche centrali per me sono disperate.

    ReplyDelete
  3. UnknownNovember 10, 2016 at 11:38 PM

    mercati proprio pazzi il 10-11-2016 meno $ 544 M gld

    ReplyDelete
  4. UnknownNovember 11, 2016 at 8:40 AM

    A questo punto direi che bisogna aspettare che inverta perche la grande mossa è stata in giù.Forse è iniziata la crisi del debito sovrano in tutto il mondo.

    ReplyDelete
    Replies
    1. Simple DigressionsNovember 11, 2016 at 8:52 AM

      Alberto,
      Markets are crazy now. Anything can happen. Gold is tanking but it can reverse instantly or go much lower. It is called roller coaster

      Delete

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