That is nothing compared to silver. I was reading that the gold to silver ratio is between 57-1 to 59-1. With that in mind silver is without a doubt in very good support system in the near future. At least hopefully. The ratio between gold and silver is actually 16-1 so we got a big hill to climb.

I also believe with the amount of silver being used today that ratio could go down to 10-1 maybe even loewr than that. I am glad to see our week starting of ok. Let us just hope it keeps moving up. And I don't know about anyone else, but food is still going higher and oil will be climbing up again soon. Winters will bring the price of crude up quick. Well can only hope we get a couple of good solid months.