Below looks at the ratio of Silver to Gold over the past 30-years. Metals bulls historically receive a bullish message when this ratio is moving higher. Back in 2011, the ratio hit highs that took place in the early 1980's and its been downhill for Gold and Silver ever since. Could the long-term trend in metals be about to change?

The decline in the ratio now has it testing 20-year support line (1), which has held several times over the past 20-years.

Joe Friday Just The Facts;

What do metals bulls NOT want to see? Support line (1) fail to hold!!! If it does, the ratio would continue to send a concerning message to the precious metals markets.