Tuesday, February 23, 2016

The fellow who does the Youtube videos called 'Realist News' just asked an interesting question. He asked if the 80:1 ratio of the price of gold to that of silver, is about to change.

One can never be sure of these things, but there IS a wedge forming in the chart pattern of that ratio. It looks like this:
Best I can say, is that wedges sometimes fail as they get about 2/3's along. This type of wedge often fails 'up' rather than down, but I think that's unlikely here. It might fail by the end of the year. That would also be a sign of a weakening financial system, which we all know is going to happen anyway.

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