Gold’s warning signals are clear: a recession is imminent, regardless of the election outcome. With the unemployment chart showing concerning trends and the gold-to-silver ratio suggesting a pivotal moment for precious metals.
Gold warned the cattle in 2007 and now it warns once again .
Pay attention . pic.twitter.com/VhBnbkKIUv
— The Great Martis (@great_martis) October 18, 2024
Gold-to-silver ratio before pivotal moments for precious metals:
Early 2003: 81
Late 2008: 84
Today: 81 t.co/dSqX6iUeI5
— Otavio (Tavi) Costa (@TaviCosta) October 18, 2024
Relentless meltup sends gold to new record high of $2,720… and finally silver joins the chase, rising to 11 year high of $33.7/oz pic.twitter.com/ULRXOLTotT
— zerohedge (@zerohedge) October 18, 2024
Correct, but we're heading into a recession regardless of who is elected. The unemployment chart has never started going parabolic and suddenly reversed without a crisis first to justify the money printing. t.co/VMKuzJJGHH
— Financelot (@FinanceLancelot) October 20, 2024
Sahm Rule Recession Indicator is clearly showing we're in a recession, and have been for a while now. t.co/fm7P74nMAn pic.twitter.com/owG89tcnNP
— Financelot (@FinanceLancelot) October 19, 2024