Thanks Franciss, a good positive posting for a Monday!
I am even more pleased to see that the Gold/Silver ratio has dropped to a 2 year low of 47.50 as well.
My theory is that no-one knows where the top of this current bull Silver market will be - so we have to look at other factors to give us guidance.....
I believe the Gold/Silver ratio will be the best indicator - as this is based more on the perceived value of Silver rather than the general demand for precious metals.
If you click on
http://www.goldprice.org/spot-gold.html
Then click the "Ratio" button and the "All Data" button and you will see exactly what I am talking about. In 1980 & 1998 there were 2 spikes (Down) in the ration and this is ALSO where the POS spiked up..... ....when it gets below 20, do you think it would be agood time to take some money off the table?