YTD Price Performance Chart of Silver and Gold
For a couple of months there have been some referencing the long-term ratio of Silver/Gold and suggesting it was perhaps time to be Long Silver / Short Gold. Had you did this for the last few weeks you would have did well. However I think this is overdone.
I don't like this trade at all. In fact I have opened up a short Silver trade this morning. Most of the allure to Silver is the industrial uses and if there is an economic recovery then Silver should outperform the yellow metal. There will be a recovery, but not on your current calendar.
Edit; That would make me Long Gold / Short Silver, btw
