Chart of the day is...

...the Gold/Silver Ratio (GSR), year-to-date:

There's too much getting read into this ratio at the moment, methinks. Sorry Gary, what you're watching like a veritable hawk here...it's just noise nowadays. It's charty twiddling that cannot and will never be able to predict the type of CenBank move we saw yesterday...y'know, the stuff that really matters.

Sometimes the Gold/Silver ratio has a purpose. Othertimes it's just one more random walk in TA Fantasyland.