Yes I have a ratio chart of that as well. You'll find the Dec high in Gold and Silver was the last relatively strong high and even the Gold stocks have underperformed. I know any even short term trades I have make generally has been with the double bull Gold ETF:DGP as ratio charts show Gold stronger than the Gold stocks. Typical of a topping area before at least a serious correction. Much like the low in Nov/08 was the capitulation low in the SPX while the March/09 low was the actual low with many sectors already rallying and the selloff volume light compared to the Nov/08 low. And with the spring and summer seasonally weak and random period approaching and the 6 months plus run up in time it is worth watching for weakness. That should show up 1st in the Silver to Gold ratio which is now 34 to 1. I wouldn't short it even then as Silver loves to whiplash everyone on the way down. I'd buy the double bear Silver ETF:ZSL or if in Canadian $ the HZD.to. The double bottom in both broke down yesterday so that's not an option just yet. But the chart will need a lot more work and trend changing to signal that. Meanwhile the trend is up. Just keep the sniper rifle ready for when it's time to pull the trigger.