$Gold/$Silver Weekly

Gold prices vs. Silver closed higher on a weekly basis, meaning that a credit collapse is imminent. Silver prices peaked out against gold right after copper prices peaked. Copper prices have been in decline since then and are still breaking lower.

The gold/silver ratio correlation with GBN.V is showing some new developments, such as turning, rather than continuing on and reaching an extreme. That still places the technical low in GBN.V shares last August.

http://scharts.co/13gzfJo

-F6