The_dumpster_diver

Gold to silver 2 standard deviation move

OANDA:XAUXAG   Gold/Silver
Gold cot remains bullish however silver cot indicated a massive short covering is on the way.traditionally gold to silver stays around 40-50 oz silver per 1 oz of gold. Being in the ratio was at a generational (27 year high) the reversion to the mean makes silver likely to outperform gold. That being said silver will move faster than gold to the upside and slower than gold to the downside. Not necessarily bullish or bearish just showing a game plan and likely outperformance of silver vs gold. Macro factors going forth favor a weaker dollar not because the FOMC wants to but has to weaken the dollar, in order to maintain control of the dollar. Ie ioer vs fed funds
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