Replies to post #9957 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[EBAYaim]

HISTORICAL equilibrium..............


........My last message should have said "historical" equilibrium......Based on the past the ratio has been about 40:1 with moves under and above......Now the ratio is around 80:1 which is about twice the historical......Now one could believe that GOLD is overpriced and the price will come down to bring the ratio closer to its historical average......BUT most of us here being GOLD bullish and believing the price of GOLD will head higher, have something to think about as it relates to SILVER; if gold has a move of 100% over the next few years to $1600 and the historical ratio become closer to 40:1......how much upside is in SILVER?.......SILVERBUGS!