This post is monitoring the trend status of The Gold to Silver Ratio (GSR).
The Gold to Silver Ratio issues advance warnings. These warnings are for things such as stock markets, currency markets, debt markets, the economy, geopolitical chaos. Historian and analyst, Bob Hoye labels the ratio as the “metallic credit spread”. The indication is the relationship and expansion of the numerical spread.
The trend indicators used in this post, on the Gold ETF (GLD) and the Silver ETF (SLV) are relative strength moving averages (RSMA).
The GSR 21 day relative strength moving average - GSR RSMA 21
The GSR 63 day relative strength moving average - GSR RSMA 63
On June 28th the GSR RSMA 21 crossed over the GSR RSMA 63, as shown on the chart below.
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