LoadAmmo
Member
What do you think about investing in silver bullion versus NIB firearms? What has the most potential in 10 years?
Silver is hovering around $9 an ounce right now.
http://www.kitco.com/charts/livesilver.html
Peak Silver
www.conspiracypenpal.com/columns/peak.htm
Silver is hovering around $9 an ounce right now.
http://www.kitco.com/charts/livesilver.html
Peak Silver
www.conspiracypenpal.com/columns/peak.htm
The gold-to-silver price ratio also has risen well above the historic mean of 40:1 in recent years, suggesting that either gold will decrease in value or silver will increase. By many traditional measures ("bundle of stocks," "suit of clothes," etc.), gold already is grossly undervalued, due to government rigging of the price via the orchestrated sale and purchase of financial derivatives (again, see my book for a discussion of how gold derivatives temporarily can convert even gold into a fiat currency). In Defensive Racism, I go through a lengthy analysis in explaining how I think gold will spike well above $2,000 per ounce (in terms of today's dollars, not tomorrow's Greenspanbacks), then settle into a trading range three to four times higher than today's price.
Before silver is done, however, not only should/will/must it revert to the historic gold/silver mean ratio, suggesting a commensurate price for silver of $62.50 per ounce once gold becomes fairly priced. However, silver's scarcity should cause it to surpass even gold's price. Even if I am dead wrong about any upcoming increase in the price of gold, today's gold price alone, when divided by 40, suggests a "mean-ratio value" for silver of $11.75, which is a tidy 60% rise over today's actual silver price!