This could be really bad news for the silver bugs(me included) but P&F chart shows continuation of the trend which might exceed 100. I more tend to be bullish on the gold rather than silver at this stage due to some accumulation from the central banks, but gold reaching 2000 means silver stays around 20 for long period of time. If you notice 2007 when the recession started the ratio rallied significantly. Now this could be the case again.
pp.sorry for the messed up chart the 45 degrees angles went crazy after I published them.
You’re right - GS ratio could keep pushing higher. That to me will be an excellent opportunity to buy more silver miners. ALSO - do not forget, the GS ratio can surge lower extremely fast.
Marto_Jekko
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@Ludwig_Von_Mises, thanks. I agree with your. Unfortunately p&f charts don't allow to see how my set up developed. Yes, looks like silver will under perform for now which is good for us to accumulate more physical.