Is this the new normal? Once upon a very long time ago (three years back), people expected the GSR to fluctuate around 50X and 55X. Nowadays 60X gets trading pencils sharpened and the day to day fluctuations that seem to revolve around 65X are taken as par for the course.
Personally I do think it's the new normal and the change has been in gold, not silver. Perhaps it's becoming normal (at last) to consider gold as part of an investment portfolio, or even a trading portfolio thanks to GLD, the enormously successful ETF. Perhaps it's also becoming normal to question the things that were never questioned before, thanks to the continued ZIRPing from the moneymeisters as well as other influences.
Just a couple of general, musing reflections on this Thursday morning. Hope you have a good day.
Personally I do think it's the new normal and the change has been in gold, not silver. Perhaps it's becoming normal (at last) to consider gold as part of an investment portfolio, or even a trading portfolio thanks to GLD, the enormously successful ETF. Perhaps it's also becoming normal to question the things that were never questioned before, thanks to the continued ZIRPing from the moneymeisters as well as other influences.
Just a couple of general, musing reflections on this Thursday morning. Hope you have a good day.