As I said in my earlier post, the gold/silver ratio isn't much of a predictor of price movements. Not sure why people vote that comment down.
If you read the comments below the article I linked above, you can see all sorts of ideas about what the ratio should be, or what ratio indicates silver is cheap relative to gold. No one can say definitively.
It is possible for the price of silver in increase and the gold/silver ratio to increase or decrease.