A very important low in the big commercial bank net short position along with the dramatic reversal Friday favors a big move in Silver and Gold am still maintaining stops beneath the September, December and current lows, which coincide and that is no coincidence I might add. so what will it mean if silver does actually break to new lows I am not sure but looking at the ratio chart above a new low would probably be a head fake.  Remember the game is to get the little guy out at the lows, reduce shorts as much as they can and pile in as cheaply as they can.so if I do get stopped out i'd be ready  to jump back in if silver then breaks back above the breakdown point. 

The Buzz Is Growing That World Leaders Will Fire Off A Globally Coordinated Bazooka

As we noted last week, analysts have been tittering over a new potential policy response to risks associated with a global slowdown—most particularly the crisis in Europe.

World leaders are worried, as evidenced by the conference call between G7 finance ministers and central bankers this morning. And with fears about bank runs in Spain escalating, some analysts expect some kind of coordinated central bank action similar to that which we saw announced last November to lower dollar swap rates between banking systems.

Read more: http://www.businessinsider.com/what-are-the-odds-of-a-global-coordinated-intervention-2012-6#ixzz1x4FpPqXo