A little reminder on the Dow-gold ratio (Chart 1). We see that the Dow has underperformed gold recently. And it looks like the trend could keep going down, which is consistent with my bullish view on precious metals.
Also very consistent with my bullish view on silver, we see the gold silver ratio (Chart 2) go down as well. It's strikingly similar with the Dow-gold ratio.
And finally, we see that platinum hasn't had its rise yet against gold. So buying platinum is still a very good deal (Chart 3).
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