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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (2542)10/7/2001 1:17:54 PM
From: Claude Cormier  Respond to of 4051
 
Tom,

The 30/1 ration I think silver will reach is at the high of the bull market, probably in the second part of this decade.

For now, the bull market is not yet confirmed. The rally that I think will carry gold to $350 could be only a bear market rally. It is too early to tell. A ratio of 50:1 would already be great and bring silver to $7. In the second half of this decade, we could see $1000 gold - $30 silver, all this due to massive debasement of the dollar.