Author: Sebastian Montague

In an era marked by significant shifts in economic landscapes and investment strategies, the concept of the Silver/Gold Ratio (SGR) trades, as I designate them, emerges as a pivotal indicator of an impending upsurge in the broader commodities market. Historically relegated to the background as mere “inflation trades”, this perspective takes on new salience in the aftermath of 2021, a period characterised by pronounced inflationary pressures that consequentially led to a general downtrend in commodity values, primarily due to the hawkish stance of the Federal Reserve which bolstered the US dollar’s strength. This recalibrated approach to understanding the dynamics of…