GOLD - who will prove right?

Newbie question here.

If gold does go skyward, will silver go with it? I understand ratios will drop, but silver will still go skywards too right?

Which if the two would you put your money in if you were starting out today with a blank slate? ;)
 
hahahahaha.... $700 and lower gold?

I don't know about a massive rally but gold under 1k doesn't seem at all probable, i'd even go as far as saying possible.
 
koolooka said:
I vote for $250 - for stacking sake :cool:
Click to expand...

That puts silver at about $3.60 an ounce

So my stack would be worth about $500.00

Hmmmm ... better sell the last of it off then.
 
Shamatti said:
Newbie question here.

If gold does go skyward, will silver go with it? I understand ratios will drop, but silver will still go skywards too right?

Which if the two would you put your money in if you were starting out today with a blank slate? ;)
Click to expand...



Absolutely, yes. Silver in recent decades has gone the way of gold by-and-large. I don't think that will change for a long time.
 
I can see the time that gold goes up, and silver goes down.
Safety vrs speculative industrial metal.
 
I think 900 $ and even 800 $ is possible.

But... the tapering will backfire. There is not enough cheap money and the US markets are hurting.

We're in deflation, true. But so many countries are raising interest rates.

Look at Australia, Japan, Greece, Cyprus (different cases each, I know...). Those are places where those who have gold already are insured against the crises.

Is gold bad? No!

All we can say for sure is that owning some gold is a great idea.

Plus: there are endless reasons why gold can indeed grow in price on the long term.

Can the US dollar do that?
Can the euro do that?
Cant the Japanese yen do that?
 
Found a recent debate between Dent and Schiff! Think it aired in January 2014? ( the date it appeared on peter Schiff blog)

Inflation-Deflation Debate: Jim Rickards vs Harry Dent
[youtube]http://www.youtube.com/watch?v=MgHN5WOi0W0#t=22[/youtube]
 
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