Gold to Silver Ratio (GSR)

Pronounced weakness in the gold to silver ratio (GSR) has painted a red stick. While the ratio remains above June 2009 swing low, today’s technical suggest that another wave of currency debasement lurks just around the corner. The pull from the lower magnet will intensify once the June 2009 swing low is breached. Those supporting the prevailing deflation rhetoric would be wise to listen to the message conveyed by the GSR.

Gold to Silver Ratio (GSR):