Goldman: Gold to Rise Above $1,400 an Ounce by 2011 [View article]
Silver has a very good chance of passing gold in value for a few key reasons. 1. There is 20% less of above ground supplies of silver then gold making it more precious. 2. Most silver has to be seperated from other metals such as copper, zinc, lead when it is mined - a long and involved process. 3. Industry is in constant need of silver- creating supply and demand unlike is the case for gold. 4. New ways to use silver are being discovered on an ongoing basis unlike gold.
What Is Even More Enticing than Gold? Silver [View article]
There are obviously 2 camps regarding the world of Silver.
Camp 1. Those who believe that there is only so much above/below ground physical that is continually dwindling down in amount.They prefer to hold physical and go long.
Camp 2. Those who feel that the term "awash in silver " still holds merit today as it did over a half century ago.They revel the need to frolic in throwing around paper by running silv. prices up and shorting it down.Their intention is to never even see the physical much less touch it. ----------------------... There is one thing for certain - due to the very strong nature of world industrial usage/demand , coupled with the ever increasing world industrial breakthroughs and discoveries for new uses... I don't think that it takes a rocket scientist to figure which camp to be in ! By all indications one will be enjoying filet mignon over the fire while the other will be roasting weenies !
Goldman: Gold to Rise Above $1,400 an Ounce by 2011 [View article]
1. There is 20% less of above ground supplies of silver then gold making it more precious.
2. Most silver has to be seperated from other metals such as copper, zinc, lead when it is mined - a long and involved process.
3. Industry is in constant need of silver- creating supply and demand unlike is the case for gold.
4. New ways to use silver are being discovered on an ongoing basis unlike gold.
What Is Even More Enticing than Gold? Silver [View article]
Camp 1.
Those who believe that there is only so much above/below ground physical that is continually dwindling down in amount.They prefer to hold physical and go long.
Camp 2.
Those who feel that the term "awash in silver " still holds merit today as it did over a half century ago.They revel the need to frolic in throwing around paper by running silv. prices up and shorting it down.Their intention is to never even see the physical much less touch it.
----------------------...
There is one thing for certain - due to the very strong nature of world industrial usage/demand , coupled with the ever increasing world industrial breakthroughs and discoveries for new uses...
I don't think that it takes a rocket scientist to figure which camp to be in ! By all indications one will be enjoying filet mignon over the fire while the other will be roasting weenies !