"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat


Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput

Trader Dan's Work is NOW AVAILABLE AT WWW.TRADERDAN.NET



Saturday, January 21, 2012

Silver tracking the CCI - risk trade measurement

One look at this tells you all you need to know about whether or not silver is going to perform. If risk is in and hedge fund money flows are coming into the commodity complex in general, it will move higher. When it does, silver goes right along with it.

When risk is out and money flows OUT of the commodity complex, silver sinks like a lead brick.

Notice that chart pattern is almost identical between the two.

Posted by at

3 comments:

  1. the imaginerJanuary 21, 2012 at 11:08 AM

    great chart Dan, thankyou. The beauty of it is that it looks like silver performance lags the CCI by a week or 2, which helps time entry points.

    ReplyDelete
  2. ibem52January 23, 2012 at 12:03 PM

    Thanks Dan, simple yet great comparison, you're a true professional.

    ReplyDelete
  3. HenriJanuary 23, 2012 at 12:37 PM

    great comparision, along with the one with S/G ratio.
    Thanks :)

    ReplyDelete

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)