Best of both worlds for gold and silver miners (for now)

From Kitco

With gold leading “inflation expectations” and silver leading gold, it’s the best of both worlds, but may not be sustainable, long-term

First some definitions, per my usual work:

• Gold is less economically cyclical and less inflation sensitive than silver
• Contrary to popular believe, gold miners do not benefit from cyclical inflation
• A rising Silver/Gold ratio indicates future potential for a resumption of an inflationary macro
• A rising Gold/RINF ratio indicates either the inflation will not work as well for cyclical markets as it has in the past (Stagflation), or that the Silver/Gold ratio will have a shelf life.