The Gold/Silver Ratio decline appears to be nearing the end of its historical drop. The ratio is on its fifth wave extension, it's entering a convergence zone, and RSI shows oversold. At a silver price of $31 and gold price of $2125, the ratio should reach its terminus. I am still bullish silver in the short term, but I think it will be gold that really takes off. On the medium and long time frames, I think that either metal could outperform the other.