The silver forecaster index is based on the gold forecaster index but adds the CPI component to it.
The reason why the CPI is added is based on the inverse correlation between the gold:silver ratio Vs. CPI. Higher inflation benefits silver more than gold.
To monitor the CPI, you can use the 10-year breakeven inflation rate, which is updated daily.
Additionally, gold tends to outperform silver when the unemployment rate rises.
Geen opmerkingen:
Een reactie posten