As the monetary growth is believed to lead financial conditions, the slow rate of money-supply growth increases the risk of recession in the coming months.
The gold-silver ratio, silver itself, and many factors all suggest that the most recent move higher in the precious metals sector is nothing more than just a corrective upswing within a bigger trend
Many precious analysts stop their analysis at gold’s US dollar analysis alone. Sometimes they add silver or mining stocks to the picture, but silver’s non-USD performance is almost never discussed.