by Ted Butler, Silver Seek:
(Special note – I hadn’t planned to publish this article to subscribers I sent as part of my twice-weekly subscription service ($34.95 per month), but a most trusted advisor, Jim Cook from Investment Rarities, Inc., strongly suggested I do so. Since Cook has never failed to provide solid advice for more than 20 years, I can’t cast his advice aside).
For the first holiday-shortened trading week of the New Year, gold turned in a very strong performance, ending higher by $40 (2.2%), while a late day rally yesterday only resulted in silver narrowing its losses for the week to 18 cents (-0.7%). As a result of silver’s extreme relative underperformance, the silver/gold price ratio widened out by just over two full points to 78 to 1.