Silver has been the clear winner as it broke out first while the large and junior silver shares would breakout later. Note how Gold has yet to breakout and how GDXJ and GDX have yet to test recent highs. We believe the lack of a breakout in Gold and the gold shares is a warning sign for Silver. Rather than a breakout that initiates an impulsive advance that lasts for months, this breakout in Silver could be potentially dangerous for those jumping in at these levels. . . .
http://thedailygold.com/featured/bifurcation-in-precious-metals-complex-and-the-implications/?p=6075/
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