What on earth is Central Planning going to do if the gold-silver ratio (and its liquidity draining implications) turns up again? We have been following the ratio in the letter and a turn in the GSR looks more doable by the day. What on earth will they do if the inflation begins to fail? They have seemingly locked themselves in. But then again, they need T bonds to rally don’t they? Keep those bond vigilantes quiet.
I love this market. It’s a robo-market, joyously edging higher (into risk, that is).Add to SocialTrade