A bit more on something that I have covered before. I think that it is an important insight.
Beware the widening of the Gold/silver ratio.
The beginning of the end will commence when the agreement that fiat is a sound vehicle for carrying wealth into the future starts its real collapse. Broad awareness is still absent at this point.
That will first be signalled by the increased selling of fiat to obtain Gold. Other than for Gold used in the production of jewellery and electronics etc., the swapping of fiat for Gold is always, everywhere and only because of the belief that the fiat will not stably hold its value.
When the major holders of fiat begin to abandon ship, it will be Gold, not silver, that they flee too. A lot of wealth can be set aside in a small amount of Gold – relative to the weight of silver that it would take to do the same job.
Twenty ounces of Gold can be comfortably carried in a pocket or purse. The equivalent of that value in silver would weigh almost 50 kilos (around 133 troy pounds).
That will make Gold far more attractive than silver and will cause the price of silver, as measured by Gold, to collapse (it will still go up as measured by fiat, of course).
The movements of the major fiat holders will be of far more significance than the drop in the ocean trading of you and I.
At the point that they enter the market, the Gold/silver ratio will widen to levels unprecedented in modern times. It will be the proverbial fat lady singing through a mouthful of dead canaries.
Watch the G/S ratio. It will be the warning that arrives before Gold’s permanent backwardation signals imminent collapse.