Wednesday, January 16, 2013

Binary Outcome

Although the two comparatives below only illustrate the prospective downside pivots for the euro and silver, we view the commodity and currency markets as likely entering a window (~1 week) where volatility should awaken and longer-term trends reestablished or broken. 
From our perspective, we continue to choose the former - with a weaker euro, silver and commodity complex in general.   
For further rationale as to why we have been following the historic Nikkei comparative with silver and the last secular low/high of the dollar/euro - see Here and Here

As always - Stay Frosty