Gold-Silver Ratio breaking out

Imagine that, gold is tanking to target and yet it is exploding higher in the other 'precious' metal, silver.  What do you suppose this means?  What is the impact on gold mining (lower panel)?  What about the broad market? 

 Folks, we are now deep within the 'mis perceptions' game and it is important to understand the dynamics in play beneath the nominal charts.  I hear Tim (@SOH) talk about 'the precious metals' being all done as gold and silver get clobbered and I think, whahhh? We're just getting started.  That is because I am looking beneath the nominal appearance of things to try to get at their meanings.

It has consistently worked before and I see no reason why it will not this time.  Gold's real price is moving higher, and people should really get up to speed on what that means. There is pain here and now, but later there could be some be big changes.

Hey, have a good weekend.

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