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Gold vs. silver –Silver has been known as the “poor man’s gold.” Silver used to be treated as a monetary metal. No more. Today no central bank holds silver as part of their reserves. However, silver has an historical relationship to gold. The historical average is that one ounce of gold would buy around 15 ounces of silver. The ratio is now out-of-whack at around 69, which means that compared with gold, silver is “dirt-cheap.” Richard Russell

Silver is closing higher last week at 18.25. Silver has alternated between up
and down weeks for the past 7 sessions. It is interesting to note the 7 week
moving average is near at 18.30.  Silver lacks direction, but Gold is in a bull
trend, so we would expect the Gold Silver ratio to drift higher. The Gold Silver
ratio has actually dropped this week from 69.64 to 67.27. The ratio has
alternated in direction for the pasfor a move higher next week. – Scotia McLeod Gold & Silver Marketwatch From Commodity Online – Silver is closing higher the week at 18.25$. Silver has alternated between up and down weeks for the past 7 sessions.

It is interesting to note the 7 week moving average is near at 18.30$. Silver lacks direction, but Gold is in a bull trend, so we would expect the Gold Silver ratio to drift higher.

The Gold Silver ratio has actually dropped this week from 69.64 to 67.27. The ratio has alternated in direction for the past 6 weekly sessions so if this continues look for a move higher next week.