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flemdog33

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flemdog33

Re: makincentswithpennys post# 56290

Friday, 11/09/2012 11:08:05 AM

Friday, November 09, 2012 11:08:05 AM

Post# of 167964
Around 2020 IMO the demand will outweigh the supply of silver and will see the price skyrocket. Gold is not used in general but is used as a currency backer. Silver is used in many different fields and some that yet to be discovered. Also, the gold to silver ratio is about 53 right now and should be around 30 IMO. So my theory is to buy it all now at around $35 buying price/oz and hold for $100+. IMO silver is the one of the best long term investments for the next 10+ years and my goal is 1000 ounces by 2014.
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