{"id":144855,"date":"2019-04-01T11:09:58","date_gmt":"2019-04-01T15:09:58","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=144855"},"modified":"2019-04-01T11:09:58","modified_gmt":"2019-04-01T15:09:58","slug":"strength-ratios-in-metals-markets-hit-extremes","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/04\/strength-ratios-in-metals-markets-hit-extremes\/","title":{"rendered":"Strength Ratios in Metals Markets Hit Extremes"},"content":{"rendered":"
April 1, 2019<\/div>
\r\n<\/div><\/div>

By Money Metals News Service<\/b><\/p>\n

It’s possible last week’s cascading selling rout in palladium ended its multi-year bull market. The formerly white-hot metal lost more than $200\/oz (but is beginning to rebound).<\/p>\n

For now, however, palladium prices remain in a long-term uptrend above the bullishly aligned 20-week and 50-week moving averages – and physical supply remains tight.<\/p>\n

Regardless of whether the palladium<\/a> market recovers to new highs in the weeks ahead, it is quite possible that it has peaked in relative strength terms versus its sister metal platinum<\/a>.<\/p>\n

A few days ago, platinum traded at a historically large discount of almost 50% versus palladium. That discount narrowed considerably last week with platinum managing to post a slight gain in dollar terms.<\/p>\n

Another relative strength extreme that may be near a turning point is gold<\/a> trading at 85 times the price of silver<\/a>.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n
\n

\"Gold:Silver<\/p>\n

The gold:silver ratio currently trades at 85,
near the top of its 26-year range.<\/i><\/p>\n<\/div>\n

The gold:silver ratio ran up to its highest level since the early 1990s in last week’s trading, rendering silver a potential once-in-a-generation bargain opportunity among the money metals.<\/p>\n

Silver<\/a> is also deeply discounted versus the stock market. Last September, silver sunk to a 15-year low versus the S&P 500.<\/p>\n

The tremendous strength in equities and bonds in the first quarter of 2019 makes silver once again stand out as extremely undervalued versus financial assets. (Browse silver products here<\/a>.)<\/p>\n

\n

The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Money Metals News Service It’s possible last week’s cascading selling rout in palladium ended its multi-year bull market. The formerly white-hot metal lost more than $200\/oz (but is beginning to rebound). For now, however, palladium prices remain in a long-term uptrend above the bullishly aligned 20-week and 50-week moving averages – and physical supply […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-144855","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=144855"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144855\/revisions"}],"predecessor-version":[{"id":144856,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/144855\/revisions\/144856"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=144855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=144855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=144855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}