The Gold/Silver ratio is at a high point given its recent history.
I think there are signs of speculative excess to the downside. The professionals seem to have been covering their short positions in gold and to some extent silver.
The disappointment one feels with the regulators at the CFTC and the SEC does not seem to be misplaced given recent revelations of a lack of integrity and honor amongst corporate management and government officials overall. There is always an element of society without shame. Unfortunately it has risen into the halls of power. This is an age where corruption, greed, pride, and selfishness are not only tolerated, but have become fashionable as a mark of the fortunate few.
Unfortunately this is not a recent trend, but an extension of a trend that has been in place for some time. It will change, and when it does, there will be a greater hope for a sustainable economic recovery.
