Current market is on the path as out lined by this key indicator. Bob Hoye key indicator has been this ratio for long term prediction of various markets. MAY not be the perfect for market timing but works on longer time period. He simply says be careful.

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Bob Hoye:
“GOLD/SILVER RATIO, Nov 25 2008

The gold/silver ratio has been a reliable indicator of credit conditions. It declines during a boom and does its greatest service when it typically signals the credit contraction by increasing. The key move in 2008 occurred with the turn up in May 2007 from 46. This was with the reversal in the credit markets and the technical break out at 54 in August anticipated the fall disaster. Often during the more acute phase of a panic, silver can dramatically plunge relative to gold.”