Part 6/8:
Given the current indicators, it appears there might be room for cautious optimism regarding the economic outlook. If the tariff situation is indeed stabilized and trade negotiations lead to favorable outcomes for U.S. businesses, the macroeconomic environment could see improvement, allowing markets to flourish.
However, it's essential to acknowledge the accompanying risks. A troubling signal appears in the form of the gold to silver ratio, which recently jumped by 15% in just one week—a significant risk-off indicator. Such fluctuations indicate that traders are moving away from silver, generally considered a higher-risk investment, toward gold, a safer asset. Notably, historical precedents suggest that similar jumps have preceded severe market downturns.