Does anyone remember the ratio being at 83/1? I think maybe the industrial side of silver may be telling us a drop in demand may be coming.
SBSW keeps falling with metal stable and paying a good dividend. Perhaps the slowdown in the auto industry (converters) may be a big factor.
The stock market casino appears to be a bit wobbly. Some commodities are having huge daily ranges. 30 year bonds have little to no demand.
Putin has really stepped in a pile and seemingly has no way out. The sanctions are really tightening the screws in Russia. He will have popular support until public lifestyles fall into unacceptable levels. I don’t think he has enough Vodka to appease the populace. I really don’t have much faith in the leadership of every country involved in the Ukraine struggle. Somebody is going to do something stupid.