The gold:silver ratio indicates the number of silver ounces needed to purchase one ounce of gold, essentially expressing the price of gold in terms of silver. During precious metals bull markets, the ratio narrows as silver outperforms gold, while the opposite occurs during bear markets.
The global economy is headed toward a dangerous precipice due to soaring government debt, warns JPMorgan Chase CEO Jamie Dimon. He believes this unsustainable trajectory will culminate in a severe market downturn and a loss of trust in government institutions.
Last year, corporate bankruptcies in the United States reached a 13-year peak as companies grappled with the challenges of staying afloat amid elevated interest rates and escalating labor costs.
