Dust flux, Vostok ice core

Dust flux, Vostok ice core
Two dimensional phase space reconstruction of dust flux from the Vostok core over the period 186-4 ka using the time derivative method. Dust flux on the x-axis, rate of change is on the y-axis. From Gipp (2001).

Saturday, May 11, 2013

Precious metals price excursion not finished yet

Although it may be getting close.

This is the commodities plot we have been tracking for a couple of years--gold/copper ratio on one axis and silver/rice ratio on the other.

The breakout from the area that confined the graph for fourteen years that happened in March 2010 is still active, even after last month's whacking of PM prices. Now we are near the decision point. Does it fail, and fall back into the ellipse? Or does it continue tracing out a new ellipse to the right of the old one.

Even if it fails, it has been the most impressive excursion in the last 17 years.

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