May 8th, 2009 | 
Author: Flash – The Gold Silver ratio Broke Down ! The Scales Tip Towards the Inflation Camp.
Vide ! 
Given this Breach in the Gold Silver ratio, I will be looking closely at the COT (Commitment Of Traders) report this weekend and next (unfortunately the info is for trading only through tuesday).
Frankly dear reader I am skeptical. Let’s look at the Silver ETF SLV action.
A price Break Out in SLV that prints an X at $14.50 would force this ole poker player to exchange some of his greenbacks for silver bars. One of Jesse Livermore’s rules was never be afraid to buy strength. Not every poker hand is a winner but you learn to play every hand unemotionally. Remember its not about the hand its about the game. That is where good money management (proper asset allocation, stops, Optimal F, etc…) comes into play. If you don’t have good money management rules – before the game ends YOU WILL LOSE. If you make money along the way without employing good money management, you were lucky and luck runs out.
As Paul Harvey always says – Stay Tuned For News.
Posted in Financial War Room | 
Tags: Deflation, Fibonacci Financial, Gold Silver Ratio, Inflation, Silver, SLV
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