Seems early to me, to ask for much this year, but i don't savvy e-waves ... do 1033 and 1007 qualify as a double-top package, i guess they do ... 1200 or a little better would not qualify as grand, by my standards, fwiw
What will the gold/silver ratio be at Pog 1200, do you think ... an old guy around here used to say, 40-to-1, silver at 30 when gold makes 1200 ... hard to say what it would take to put it there, a new consumptive use maybe, something unpredictable, or a revelation that Butler was right all along, as physical metal became scarce ... although if that happened, it could really go
There's more certainty in coming at it from the other end, imho - they're printing fiat like crazy, and will only print more for the foreseeable future, so its value will be reduced in terms of real things ... by how much on which dates, who knows ... but its value will be reduced against more than gold/silver imho, and of those things, oil has the clearest depletion factor going for it |
