Tsafi

[popeyej]

Right, Langlui. I believe that we are in the beginning of a long term bull market in precious metals and in the past silver has always gone up in price faster than gold in a bull market. The reverse is a different story. In a bear market silver always drops faster than gold. So, gold has always held it's price better in a bear market and silver has always been better in a bull market.

A recent prime example is the drop in precious metals from March of 2008 to October of 2008. On 3-14-2008 gold closed at $1002.50 and silver closed at $20.67. The gold silver ratio was 48.5. On 10-17-08 gold closed at $782.90 and silver closed at $9.35. The gold/silver ratio was then 83.7. Now that gold and silver has started back up the ratio is closing and now stands at 69.4.