I much prefer the look of silver to gold for some reason.bean said:A gold bug should always have Silver as an option.
There must be some Silver bugs out there.
Hooley dooley!!! As in $6700 an oz? I'd like to see that!it may be realistic to see gold hit 10 times its current value.....My humble opinion only and resemblances to fact may be coincidental
It's a bit conservative.Hooley dooley!!! As in $6700 an oz? I'd like to see that!
beanBecause of my posts on the price of gold being bearish well why not involve Silver. Why because Silver will be the best metal peformer for this decade.
When to buy not now but soon. I cannot give a bottom because one should take each day as it comes. Apart from MMN and maybe CQT I would like to know of any other silver producers (or close could mine other metals but silver must be at least 50% of there mining) and no hedging but be up and running within 18 months. Silver will drop soon but I would like to pick up bargains. So I would like to research your selections within the next wek or to before silver makes a bottom.
It's a bit conservative.
POG will hit the DOW number when its in full flight, based on its historical precedent.
So POG at $10k and silver over $100 is only as far fetched as the next recession.
And that will put the DOW at..... ?
I should add that gold and silver tread a similar path, although silver's percentage change is likely to be stronger than gold's in the present environment.
Lars' above October high for silver sees over 50% upside possible.
That would place gold over $1000 before year's end.
I think a target in the lower $800s is more probable - in other words we should be looking in the 20% range instead while oil prices are being contained.
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