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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (5533)	1/28/2006 1:41:42 PM
From: koan	Read Replies (3) \| Respond to of 78409

Silver: my guess is that it goes pretty quickly to $11.50. The reason is that back in 1987 silver (for about 15 minutes) went to $11. $11.50 to silver would be the same as the $550 for gold - for now. But over the course of the next year or two silver could trade as high as $50, although right now I believe silver should be around $35 based on the historical 16 to 1 ration fo gold to silver. Silver is so undervalued. 20 years ago many people never thought silver would go below $7 again. My silver holdings are SLW wts, although today I wuld only be buying the B wts. ECU (buying on Monday(, EXN, ; and if I thought gold and silver were going up in the next two years K wts and RNG wts. But CZN, FAN, CDU TUM BCM and many other silver plays will do as well. I like to hold producers during the beginning of the play and then change to exploration stocks later in the bull cycle.