“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
The Worst Chart in the World
The accepted wisdom is that when the price of silver leads the price of gold, the global economy is in a normal expansionary phase, and inflation is a necessary evil, as long as it it managed by people or AI bots whose collective heads somewhat resemble chicken or duck eggs in general shape and resiliency. This chart might show that gold has been a big winner against silver since MAGA, forecasting some real trouble ahead. Gold, on its own has been a loser for seven years. However, going forward, there might be far worse places to park your inter-subjective stores of value.