Hi, Im a retarded monkey, and im a silver addict. But things have to change. Gold is wealth. Time has proven this. Silver seems its just a rollercoaster with endless rises and dips. I get the impression that silver is to gold as what Paris Hilton is to the Hilton name. The useless, spoilt one who just tries to tag along for the ride. Sorry for this rant.
The fundamentals of Silver are still there, just need to be patient until the world wakes up to the real value of Silver. There will be ups and there will be downs along the way.
No! It's going to go to a GSR of 15, then parity! :lol: In the big picture, regardless of whether gold or silver is the ultimate precious metal in performance terms, whatever you pick - at least you're backing one of the two winning horses - second always pays. 99% of the population aren't even at the racetrack.
and they will eventually, but things have to get pretty bad before they wake up and even then alot of them wont realise whats happening
I have both Silver and Gold and have done since I started stacking. I absolutely don't care at all that gold is at 'record highs' in terms of 'paper value'. I'd rather hold an ounce of gold than $1800 in fiat anyday thanks.
if i may ... gold is the very best store of wealth ... but silver is the best creator of wealth in these times IMHO
GSR being 15/1, probable in my opinion...Given the fact it has mostly hovered around this level all around the world for thousands of years.
But it wasnt used industrially back then, back then it was considered money so I have doubts about the 16/1 argument. I hope it happens and Im bullish long term but I have doubts
I believe that it's the mainstream propaganda pushing the line that silver is not seen as money like gold. Gold and silver get manipulated down together like peas in a pod. The correlation in their price movements is unmistakable.
Knowing how bad the current global economic problems are and not owning any gold is like considering self harm.
I sold 1/10 of my silver stack during the last parabolic move around Easter, was quite happy with the result having doubled my money. Have not purchased any silver since then and any left over money has gone into Gold.
Thanks mate, I am in that area now, so I suppose the target should be to get to about 10oz + would be nice
I am aiming to accumulate 1kg of Gold, thats my aim within 5 years. But even 1/2kg is a good insurance policy.