Thoughts on Silver

Stewart Richardson, RMG Wealth's CIO just posted a analysis about silver, titled Thoughts on Silver, where he published basically the same that I published here, along with the Gold/Silver ratio and the S&P 500 vs the GSRatio and is concluding:

Silver outperforms Gold, the "animal spirits" are flowing, just as they are in equity land with the S&P 500 rising. We believe that this is indicative of hot money chasing return and not sensible, stable market action.