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We can only hope that is USERwhatevers first and last senseless rant.
Dec 27 11:27 am
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All Comments by Greg Pinelli »Soaring Silver, Stalling Gold [View article]
While I share some of Jeffs sentiments concerning silver I'm lost as to what he analyzed..really not much. How did he determine gold is stalling and silver soaring?? From Dec 2006 to Aug 2008 the Gold:Silver ratio rolled between 46 and 56:1..It's now at 83 and change....Don't get me wrong..I think this ratio is largely useless..in part because we're talking about about 2 very different metals.
I use gold as a store of value..period. It always has been and ALWAYS will be a bulwark against paper money/credit expansion and defacto default.
Silvers a different animal..incredibly useful stuff with a phenomenal future. Potable water is virtually impossible without it.