Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

Saturday, July 9, 2011

James Turk : Silver to continue outperforming Gold

James Turk : ...when you are accumulating gold you are saving sound money , savings are always a good thing and it is particularly good when you are saving sound money as you are preserving your purchasing power over a long period of time , you are accumulating wealth in that regard , the key question is , is gold still a good value and even if the price has relatively rising quite a bit gold is still undervalued , the policy this decade of still continue accumulating still holds it is still valid ....James Turk says that his previous forecast for Gold at $8000 by 2013 2015 seems a bit conservative , gold prices may go even higher , silver is a little bit different from Gold says Turk because there is a lot of volatility with silver we 've seen it particularly in post Lehman collapse when silver got hit particularly badly compared to gold , silver bounced back quite strongly in 2009 than gold did over the past ten years silver has done very very well I think it will continue to outperform Gold , the gold silver ratio at the moment is about 63 or 64 the start base is about 20 ounces of silver to purchase an ounce of gold and I think over the next several years we gonna see the gold silver ratio fall toward that level , so if you can handle the volatility a little of silver in your portfolio makes sense as a general rule have may be two third of gold and one third in silver

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver Shortage
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!