Wednesday, September 16, 2009

Silver Gold Ratio Update

This chart shows the Silver/Gold ratio has broken through the .017 resistance level. So will it stick? Or will it turn over now and will we see a drastic sell off in silver and less so in gold?

Every time I think silver might actually start outperforming gold for an extended period of time and getting the ratio back in line with reality, then bang, that is the time silver gets hammered.

So I won't be surprised if that is what happens here again. Where have I seen this played out before anyway?