The silver/gold ratio flashed warning signs in late April (the most extreme level since the 1980 all-time top of $50). That was the time to sell silver (with a low-risk $50 stop loss).
Since then the blowoff top reversal pattern shows a classic 31 year double top pattern developing. If the major trend reversal is confirmed over coming months then the target price is all the way down to low single figures over coming years.
The current silver/gold ratio shows that gold should continue to outperform silver, which likely just indicates that silver will continue to fall harder than gold.
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