Monday, December 10, 2012
Over time, we can compare things, to get an idea which way the tide is flowing. Here, I compare the Canadian Silver ETF, SILVER BULLION TRUST,
> SBT/Un.To < with the US DOLLAR Bull ETF UUP. Basically this is one of what I call one of my SILVER DOLLAR Indexes, which tell you whether Silver or the Dollar is growing stronger.
I have marked major turning points in circles and arrows, differentiated for your ease of viewing. The ratio btwn Silver and Dollar is growing stronger in favor of silver over that last 12 mo's on a 1 year moving average basis
(30 wks moving average), so this is a Long Term Trend, with major indications that over time, Silver, IMO, will continue to strengthen BECAUSE