silverslut

Richard Gray on the Two Real Drivers Behind Gold Price

I think Mr. Grey demonstrated beyond question of a doubt, with his $1100 to $1200 forecast, that he is intelligence challenged. $4,000 is a low estimate for Gold in the next 5 years. Just minimal study of history reveals this. As for Silver, it's high in 80, adjusted for inflation, is $250. Since then it has been mostly used up. At that time there was 15 times more of it and 60% less people. A minimal price for Silver is $500 and $2000 is not beyond possibility.