GOLD/PLATINUM RATIO gas given a short term sell signal which may possibly be the start of a long term trend reversal.The ratio peaked at 1.431 September 1982 and bottomed at 0.436 February 2001 and has since recovered to a high of 1.145 July this year...the average for the ratio since March 1975 is 0.807 which means that the current level of 1.072 is 33 percent above the mean, reason enough to revert.
The rise from the 2001 low appears to have unfolded in five waves which may mean that the ratio is due for a correction especially as RSI has a major divergence...but the long term uptrend is still intact. The InvesTRAC long term forecast shows that the ratio may start to decline in earnest from about June 2013 with an eventual low in May 2018.
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