I think so. This is the gold to silver ratio. When silver outperforms gold this ration goes down. SLV has taken it on the chin this year and over the next few months I expect the pattern to resolve itself to the downside similar to the 2010-2012 period (look left). Indicators look ripe for a roll. Typically silver makes a new all time high within a year or less of gold reaching a new high and that did not happened with silver this time around with gold's new all time high last August. I haven't written a silver note in a long time. I think we are looking at a back up the truck opportunity. My observation.