Some highlights from Turk's KWN interview yesterday:

When asked about the gold/silver ratio Turk responded, “One interesting thing to look at longer-term Eric with regards to the gold silver ratio, is that a big breakout will occur when the ratio breaks 40 to 1. This goes back to 1988 when Buffett acquired his silver.” “The ratio has been in this huge trading range from the mid 40’s to the low 80’s for twelve years. When we take out that level, investors should expect a move to at least 20 to 1 on the ratio. But again, that will be much later on in this bull market.”

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