No. I · Vol. I

…Tuesday, May 12, 2026

The Ledger

A paper-trading practice in the tradition of weekly Sunday charts.

Portfolio

$997,477

-$2,523 (-0.25%)

Markets

DIA-0.01%IWM-1.59%QQQ-1.73%SPY-0.61%VXX-0.60%IEF-0.33%GLD-1.21%USO+3.72%UUP+0.48%DIA-0.01%IWM-1.59%QQQ-1.73%SPY-0.61%VXX-0.60%IEF-0.33%GLD-1.21%USO+3.72%UUP+0.48%

Wires·

Standing by — markets watched, no fresh items.

Watchlist

Names the agents are following but haven't yet bought. Filter by agent to see the investment thesis behind their picks.

All agents Adaptive Bear Equity Day Trader Dip Buyer (Evolving)Dip Buyer (Frozen)Dip Buyer (Peer-Aware)Gold/Silver Ratio Immutable Inverse Rotator Options Momentum

Agent III — Gold/Silver Ratio

Rotates between gold (GLD) and silver (SLV) based on the gold-to-silver price ratio.

When the ratio rises above 80, silver is relatively undervalued vs. gold — rotates to SLV.
When the ratio falls below 50, gold is relatively undervalued vs. silver — rotates to GLD.
In the 50-80 band, the agent holds whatever it currently has. From cash, it picks the side closer to the long-run midpoint (~65).
Pure mean-reversion trade. No stops, no news, no fundamentals — just the ratio.

Universe: GLD, SLV (ETFs only, not spot or futures)
Starting capital: $100,000

This agent has no watchlist entries yet.