We might have another indicator signaling the 'next leg up' in terms of Gold / Silver ratio.
When we look at the latest recent highs (Aug-Sept 2011) of Gold in the $1899 range & Silver in the $45 per oz. range, the ratio was shortened to 42:1. Before that a few years earlier it was Gold $900 with Silver being in the $13 range or 70:1........with many here highlighting that great imbalance.
Once again we have the G/S ratio way outta whack with $1256 Au and $17.47 Ag.........which is a ratio of 72:1 !
I'm sure there's still time before a 'pop' but I'd look at acquiring over the next few months to get a good position on 2017. The Silver Bull is about to be let out of the gates once again.
~AD~
When we look at the latest recent highs (Aug-Sept 2011) of Gold in the $1899 range & Silver in the $45 per oz. range, the ratio was shortened to 42:1. Before that a few years earlier it was Gold $900 with Silver being in the $13 range or 70:1........with many here highlighting that great imbalance.
Once again we have the G/S ratio way outta whack with $1256 Au and $17.47 Ag.........which is a ratio of 72:1 !
I'm sure there's still time before a 'pop' but I'd look at acquiring over the next few months to get a good position on 2017. The Silver Bull is about to be let out of the gates once again.
~AD~