Wednesday, September 7, 2011

Silver To Gold Ratio Coiled Like A Snake Ready To Strike

Silver To Gold Ratio Chart Update:  This pattern continues to coil and may finally be on the verge of breaking out and upward.  Once this happens, look for silver to jump rapidly toward $50.00 per ounce as measured in FIAT shit U.S. Federal Reserve Notes.

While gold is being manipulated lower by the central banks with a massive raid in the evening where they unloaded over 4000 gold contracts at time of low liquidity in order to achieve maximum smack down effect, silver is only down about 50 cents or a little over 1%.  gold is down over $60 per ounce or more than 3.5%.

This has the looks of an upside silver breakout coming soon.  Here is the chart for today.