Gold/Silver Ratio
LONG SILVER / SHORT GOLDGLD
-14.97%
$437.91 → $372.34
SLV
-22.68%
$68.39 → $52.88
Spread
-7.71pp
SPY
+7.18%
α -14.89pp
Backtest expectation: +15.4% over 24m
— -7.71% so far (78d in)
GSR=86.07 at entry (94th pct). Signal active since GSR crossed 80. Track record entry seeded at Observatory launch 2026-04-09.