Wednesday, May 18, 2011

Chart of the day is....

...the Gold/Silver Ratio (GSR), year to date:

Personally, I'd take 44X to the end of the year if offered like a shot. The big question to ask silverbugs, however, is how the GSR might be affected by the Rapture scheduled for Saturday? I mean, we're talking about 200m people lifted off the face of the earth here, which is 1) a sizeable amount and 2) with a high density of silver longs compared to the infidels left behind, I'd guess.

I get the feeling spot silver might collapse if May 21st goes the way the bible math guys say it's going to go. Be careful out there, dudes.