Silver/Gold Ratio

As for nominal market charts, little is resolved by today’s expression of relief.

Once again the bear case for the broad markets finds itself on a thin line. If silver breaks upward in ratio to gold (SLV-GLD shown here) then PM stocks should rebound strongly yes, but so too will the bull case likely remain intact for broad stocks, especially it seems those in the US.

http://biiwii.blogspot.com/2010/05/silver-gold-ratio.html