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Re: umiak post# 253535

Monday, 02/20/2012 3:01:57 PM

Monday, February 20, 2012 3:01:57 PM

Post# of 275594
Not much down side risk to silver maybe a couple of bucks cheaper. If it sustains over $34.5 then we could be off to the races. I think longer term much higher but there could always be something to get in the way. Silver typically trades at a ratio of 16:1 of gold and right now it is about 52:1. Even if that gap goes to 25:1 then it would be a huge gain.

Just like JBI, always waiting for the next price spike:)

The next time silver makes a run it will be enormous in my mind, probably in the $150/oz range being such a small market.

Not a bad time to start accumulating agq, ag, Exk as they are in sleep mode and growing in a big way. Could be an exciting investment if it pans out. Fwiw


Beauty is a light switch away..

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