I agree with this part. It will be exciting to see if that ratio breaks below 45:1. This could be very exciting for silver if it does.
However, the real sign of a possible continuation of that decline shall come if and when the gold/silver ratio pierces through that rough trough level of about 45. If this “silver lining” should occur, if the gold/silver ratio level breaks below 45, there is good reason to believe it will continue to fall considering there is no support between 45 and its significantly lower level found in the early 1980s. In turn, if the gold/silver ratio does break 45 and continues to decline as the price of gold holds steady or increases, there is excellent reason to believe silver’s going higher and that its bull market has only just begun.