Replies to post #31075 on iShares Silver Trust (SLV)

[Swimmingly]

I read that once we go back on the gold standard then gold will be around $10K/oz and silver will be around $1k/oz. China is buying up gold like crazy to hedge it's US treasuries bought from the Fed. The US is manipulating the gold market down now to allow China to buy all the gold it needs to hedge the treasuries. Once China reaches a certain amount of gold, the US$ will be pegged to the gold standard. Man, politics rules the world currencies.

[jt6455]

Interesting indeed check out iron and copper as well.