Silver shoots past resistance, Gold/Silver ratio down

Silver has shot through resistance line:

…and the Gold/Silver ratio, while still high, is now closer to 90 than 100. It has plenty more room to drop, as this is still historically a high number:

If you’ve been following us, then you know we told you weeks ago that Silver is very cheap relative to Gold. The same story is true for our prediction on Iron Ore.

Stay tuned for more…