Sakata

The Silver Lining of Gold Fever

Once again I agree with all you are saying. But my skeptical side forces me to ask how likely it is to happen.

According to all the law of logic and supply and demand, silver should go way high. Maybe higher than the price of $200 you qoute. I read somewhere recently, I think in an article by Ted Butler, that ultimatley silver and gold would be the same price. But will the public go for that? Will the brakes be put on before a 10:1 ratio is reached? I have a feeling that they might, simply because such a low ratio is not part of the expectations of people in the current financial business. Most are relatively young and don't remember a ratio of 15:1. And don't forget, large scale financial institutions control the price, not small investors.

I have no doubt your numbers are correct. Trying to decide whether your conclusions are correct leaves me sitting on a fence, undecided. But does it really matter? Silver if going to be worth a whole lot more pretty soon and those of us who have it now are going to be smiling.

Gold, Silver Rise on Stress Test Failure

I am slowly coming to the conclusion that I like the way the economy is going. These phantom rallies, these market manipulations, these bad banks: all are playing into the hands of those who have solid positions in the mining and metals sector, A prolonged secular bull market in gold and silver is the inevitable result and those of us who can afford to sit it out are laughing all the way to the vault. (I'd normally say laughing all the way to the bank, but that seems somewhat inappropriate here.)

Of course, I realize that not everyone is as well positiioned as most readers of this article will be. Many will suffer because of the crooked manipulations. But sometimes it is hard to take a altruistic viewpoint when you know that you have made the right decisions at an early stage. I just wish I had got in back in 2000 instead of delaying for a few years.