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Eddie's avatar

Regarding the Dow to S&P500 ratio, it is said that the Dow represents international capital while the S&P500 represents domestic investors (401k, etc.).

A bottom in the ratio therefore could represent international capital "smelling a rat" and getting out before the little guy gets it.

Also note that the ratio bottomed two years before Black Friday 1987.

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Michael's avatar

Great piece as usual! Two thoughts to consider that i can't wrap my head around. One - pslv has a redemption feature and if silver is as in demand as we all seem to think why wouldn't it get raided? Two - been reading that an entity sold silver short in serious size in shanghai where delivery is expected. Not sure about position limits etc but they would want prices down in london or ny to try to cover these or have to source metal in either location to close out their position. Wonder if this helps us explain some of what is happening in the different markets regarding price points. Perhaps people like vince lanci or eric yeung or yourself could explore/explain this better. Thanks for the continued great content which helps navigate these wild times!

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No1's avatar

1. Please check https://no01.substack.com/p/the-haunting-of-londons-silver-vaults

2. I only have rumours at the moment. Nothing even remotely concrete. I'll keep monitoring the space and report when I read/hear something of course.

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No1's avatar

Half of what this "Asian Guy" hack/psyop is saying is true, half is false. Which half is difficult to discern. I've heard this silver angle too. But I didn't find any corroboration yet.

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No1's avatar

Thanks a lot but no need. If you have the ability to do so, I would suggest to support your local food bank or so. Something local for sure, something with an impact to people you might not realize are in need.

I make enough, and just want to share my take on the world. I prefer it goes to the ones that actually need it.

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