Market Tops and Bottoms in Gold and Silver

Posted by Roland Watson - The Silver Analyst

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I would like to tell you about a proprietary indicator that I use in the precious metals market. Take a look at the chart below which shows the indicator against the price of silver (in green) since 1967.

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The graph shows the leverage that silver achieved over gold over a rolling four-year basis. I have addressed the subject of the gold-silver leverage ratio in previous articles, but this indicator uses a different approach to calculating the relationship between gold and silver prices. Note that this chart peaks on various major occasions in the last 48 years…..continue reading HERE