$75-$100 silver, unprecedented rush into PM's, end of the COMEX in 2016 and Greg is very excited about the G20 meeting in April [youtube]http://www.youtube.com/watch?v=Mz-WaLrdpRM[/youtube]
This is a bit like the Christian fundamentalists claiming the rapture is nigh. But I'd prefer $100 silver to the rapture 'cause I'd be one of the ones left behind for sure.
I think I read in their book somewhere that you can't take your gold with you. So in the event of the Rapture, there is going to be a ton of gold and silver lying around for the taking! Of course if they get a bit of a forwarning they might just give it all away before it happens, I think there is another rapture due in a few months.
If I had an Oz of silver every time some one predicts $100.00 silver my stack would double. Be nice on one hand but on the other, what would it mean in economic terms day to day.
I think the key reference to keep in mind whenever talking heads link gold to the Dow/Nasdaq/dollars/bonds/geopolitical risk etc, is that outside of the metal held by central banks (i.e. available metal) the precious metals markets is teeny weeny. Too small for all those people organisations governments to go chasing gold/silver/platinum (regardless of the price). Sure the price for physical will skyrocket.... but institutional investors would sooner chase 'exposure' to the metals rather than directly hold them. As such you'll see a ballooning in mining stocks, ETF's and a plethora of innovative new products created to allow investors to pour in their cash. Physical ownership (like responisbility for your own actions) will still be an alien concept.
Mr. Morgan in the past liked to say he didn't know 'the hows and whys' of silver manipulation. After years of bad predictions up goes the GATA poster. Maybe he finally saw the light...or just found a common excuse.
