Intraday Market Thoughts
Silver’s Downward Spiral vs Gold
by
Jun 24, 2013 21:29
Following gold's two failed rallies of 12% and 6% in April and May respectively, the next failure point is increasingly suggested to be near 1345-50. This may intensify silver damage, particularly as the Gold/Silver ratio has broken well above its usual +73% rising cycles (see past 20 years in chart) to chart a 99% rally from its 2011 lows. More charts & analysis here
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