Sometime during the Dow’s next leg down, there is likely to be a significant silver rally, which would take silver higher than the April 2011 high.
The structure of the current silver bull market has a lot in common with the 70s one. However, there are also some differences, which actually favour a stronger silver performance during this bull market.
The Gold/Silver Ratio (GSR) is a key indicator in the analysis of the silver and gold markets. This ratio (or chart of the ratio) is probably one of the most difficult to analyse. One has to take a real close look at the ratio in order to find what actually drives the ratio up or down.