I look forward to that day. We are all doing pretty well right now but yes there are major levels that need to be broken to establish a totally new trend. Let’s see.
"According to S&P Global Market Intelligence (gold) and my estimate (silver), global gold production will reach 110 million oz (M.oz) this year, while world silver production will likely fall to 850 M.oz" According to Steve St. Angelo in this silverbearcafe article the ratio coming out of the ground is 7.27 to 1. http://www.silverbearcafe.com/private/09.19/surges.html
30:1 will do nicely for me but I won't be greedy, I will start swapping back to gold around 45:1 (around 25% of the stack) then again at 40:1, 35:1 and the last 25% at 30:1 if it gets there.
Took me ages to find the paperwork where I had all this written down, it has been a while since we had any interesting moves.
Gold was out performing until 2 month a go some smart guys probably swap to silver but overall metal should go higher.
My nickel trade looking good also