jt

Silver Now Outperforming Gold

You start well, but then you say something like this:

"As silver attacks $20 and beyond, we hope to see this leverage over gold increase until the final blow off which in our estimation cannot be too far away now"

Why? If historical ratios between gold and silver are closer to 1:16, and there have been times when it has been 1:1, why are we ANYwhere close. Technicals mean nothing at this point b/c the prices of gold and silver have been suppressed HUGELY for the past decade at least, for gold, and longer than that for silver. Beachballs finally let go under water don't "consolidate" 20' below the surface...they keep on going to freedom. I don't doubt there will be some profit-taking, as the first poster above, but silver is NOwhere close to its inflation-adjusted peak in 1980, even using the completely fraudulent CPI in use since the Clinton administration. jt