Tuesday, November 25, 2014 11:02:42 PM
I don't think we're "chasing" either. I fully expect to see 50 dollar silver in the not too distant future and 200 dollar silver not long after that.
Truth is, even at the ridiculously undervalued 1200 dollar gold price, the historic 16 to 1 price ratio of Silver to gold means silver "should" be 75 dollars right now.
1200 / 16 = 75
When gold unshackled is allowed to find it's natural point of buoyancy, silver will necessarily follow.
In that context, 2,000 dollar gold means 125 dollar silver and that's just getting stated.
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Truth is, even at the ridiculously undervalued 1200 dollar gold price, the historic 16 to 1 price ratio of Silver to gold means silver "should" be 75 dollars right now.
1200 / 16 = 75
When gold unshackled is allowed to find it's natural point of buoyancy, silver will necessarily follow.
In that context, 2,000 dollar gold means 125 dollar silver and that's just getting stated.
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