Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (5686)	1/31/2006 1:25:53 PM
From: koan	Read Replies (1) of 78410

I think silver keeps going until it is as high as other metals, relatively speaking, which would put it over $20. First stop I believe may well be around $11.50. $11 being 1987 high. Gold already passed the 1987 high of $500. But I think we not only have tremendous demand for all commodities, I thing we may have a specualtion/gambling phenomona going on which makes predicting highs difficult. The dollar debasement should start in earnest within a month or two and the feds will need to keep the money spikets open to accomdate the huge debt needed for our wars and the baby boomers needs and avoid deflation in the event of economic weakness. I am expecting gold to go at least to the $750 area and silver $20, but ultimately I see gold going over $1,000 and silver, just way up - lol. I do not see how either consumption of metals, the economic problems of the US get solved, or the fear of too many dollars or nuclear proliferation are turned around so I expect the pressure to stay on metals. But I have been fooled before.

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