Key Moment For Gold-Silver Ratio

I have had a target on the gold-silver ratio of low 80's to 90.  Then on Friday the GSR did this, putting that target in question (it hit 81, but I was thinking higher).

gold-silver ratio

Here it is today, converted to GLD-SLV…

gld vs. slv (gold-silver ratio)

The weekly view is not broken down, however…

gld-slv (gold-silver ratio)

Here's the view of silver vs. gold (SLV-GLD) live.  Silver bounces vs. gold periodically; even making a signal above the SMA 200.  But this is not a trend change yet.

slv vs. gld

Indeed, per our ‘silver lock down' chart, here is what has been ongoing as pressure mounted around the world and now, in the US (not to mention in commodities and precious metals)…

silver-gold ratio

So is silver going to break upward vs. gold this time?  Why don't we let silver (and gold) answer that question rather than get caught guessing or talking our books?

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