Pretty amazing. I'll be honest and say I thought last month that we would have seen 49 before 39... now I'm not so sure.
At some stage gold will catch up, it will slow the GSR closing in. At the moment Silver is under the spot light, because thats where the money is going. If the silver manipulation gets exposed and silver isn't available at any cost. I'd start to raid gold at any price. So gold will also have its run soon. Slam
Now this is a good read ... As with any market, the potential always exists for such a development especially when there exists a very large short contingent in a market that has already seen a decent price rise. Any further exacerbations of the supply/demand balance can trigger one of these events. If one does happen in silver, trust me on this one, you will not have to ask the question: "Gee I wonder if we are seeing a Commercial Signal Failure in Silver". You will know it. http://traderdannorcini.blogspot.com/2011/02/what-is-commercial-signal-failure.html
Youre on the money, oz. My plan has always been to convert Ag to Au. Unfortunately, my alchemy skills are decidedly lacking, so I've just gotta wait for the GSR to become more favourable. GSR below 42 this morning.