Americans Will Flock Into $5,000 Gold and $500 Silver

Discussion in 'Silver' started by Sticks, Feb 5, 2011.

  1. Sticks

    Sticks New Member

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    [youtube]http://www.youtube.com/watch?v=Qi8fV8n_UBM[/youtube]
     
    Sticks, Feb 5, 2011
    #1
  2. thatguy

    thatguy Active Member

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    and i'll flock into gold at a 1/10 GSR :p
     
    thatguy, Feb 5, 2011
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  3. Nub Cannon

    Nub Cannon New Member

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    I second that :D
     
    Nub Cannon, Feb 5, 2011
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  4. bellinvest

    bellinvest New Member

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    +1
     
    bellinvest, Feb 5, 2011
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  5. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I won't be! Why would you flock to gold once the precious metals bull market is near finishing?

    Sure, gold might be better than silver at 1/10 GSR.

    BUT - there will be much better asset classes available when/if this occurs.

    Don't get attached to your investment.
     
    SilverSale, Feb 5, 2011
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  6. Nub Cannon

    Nub Cannon New Member

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    hmm I wonder what what would be the investment to switch into at that point; real estate?
     
    Nub Cannon, Feb 5, 2011
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  7. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Indeed :D
     
    SilverSale, Feb 5, 2011
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  8. Nub Cannon

    Nub Cannon New Member

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    I guess I better keep stackin so I can get some nice real estate down the road
     
    Nub Cannon, Feb 5, 2011
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  9. thatguy

    thatguy Active Member

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    Yes by that time US economy will be back on track, oil will be reasonably priced and Europes debt crisis will have been solved... or all the crap that made PM's rise will be much worse :D
     
    thatguy, Feb 5, 2011
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  10. Matthew 26:14

    Matthew 26:14 New Member

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    At 10:1 I'll be switching to the golden stuff dont worry about that !
     
    Matthew 26:14, Feb 5, 2011
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  11. Willow

    Willow New Member

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    Before flocking from silver to gold at 1/10 GSR i would also check the gold to dow ratio. If at about 1:1 i would be looking to stocks that produce income With low debt and simple business structures.
     
    Willow, Feb 5, 2011
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  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    That is how the market will catch you out.

    Markets are forward looking - gold/silver should top well before the economic mess is sorted.
     
    SilverSale, Feb 5, 2011
    #12
  13. smokey

    smokey New Member

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    Canadians flock as well. I will be jumping up and down waving my arms at least.
     
    smokey, Feb 7, 2011
    #13

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