Tuesday, January 5, 2010

Chart of the day is.....

....the gold/silver ratio.
My eye sees one of those upward channel thingies that close in on themselves (any Techieheads wanna tell me the technical term?). If I've got the gist on this, that means that at some point in the short term or medium term future the line will break down and silverbugs get their "silver beating gold" wet dream scenario. They then bore us to tears about ridiculousness over supply not meeting demand and how silver is money at the same time.