Today gold closed down $12.90 at $924.90 and silver closed down .12 at $13.25. The gold/silver ratio is now 69.80. On 6-1-09 gold opened at $979.60 and silver opened at $15.79. In five weeks gold has dropped 4.88% and silver has dropped 16.09%. I look for the precious metals to continue their drop until the end of the vacation months or around the end of September.