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Message: Gold New High USD 1'101.25

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Re: Gold New High...typo error...silver weakness!

in response to Re: Gold New High...typo error...silver weakness! by bigpic4ever

posted on Nov 06, 09 10:42AM

pic, in the past silver typically experienced the strongest move near the end of a run. Currently the Gold:Silver ratio is at 62:1 and in the past three silver peaks (2004, 2006, 2008) it has fallen to the 51:1 to 42:1 range, or $22 to $26 in current gold prices.

Gold still has a long way to go during this current up leg so expect silver to play catch up in the next few months.

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