I am very excited about Gold’s performance but I have a concern.

Gold Silver ratio is 80:1

The increase today is AG 29.50 to AU 0.25

That translates to a ratio is 118:1

Silver is not proportionately confirming Golds breakout.

So I am waiting to see tomorrows action to see what happens.

Also some analysts (David Brady and Michael Oliver) have suggested silver needs to have a weekly close on a Friday of above $24.50 to confirm PM’s break out.

I am not expressing a prediction up or down. Just wondering if anyone has any thoughts to share?