In [Ted Butler's] latest weekly review he points to three years ago when both the gold:silver ratio and the absolute gold price were at similar levels to those seen recently (gold was at around $1250 and silver at $18). 

From that point gold rallied to a peak of $1920 around a year later ( a gain of 50%), while silver took a little longer to peak to $49 the following April ( a massive gain of around three times that of gold) before silver was dramatically taken down -- in a similar manner to gold earlier this year. 

Butler reckons that it's not hard to imagine a similar scenario to occur in the near future.

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