Silver is taking a back seat at present, especially with all the gold focus going on in Colorado Springs this week.
But there are now observers who say the present gold/silver price ratio (about 1:84) signals that the white metal is poised for a break out. The present ratio is the highest since 1995, but still lags the record of 1:100 which occurred in 1991.
The Silver Institute earlier this month put out a detailed report on what is happening in the silver space, noting that China is essentially going to be calling the shots, mainly because of its industrial demand and silver mining activity.
Media reports of the paper, "Prospects for the Chinese Silver Market", focused heavily on the demand side - specifically the photovoltaic and other technology uses....