At current gold/silver ratio, this puts silver at $45, BUT...., If I and others are right that silver is moving to a 1/16 ratio, then this puts silver at $125. This prediction is for next year. You could potentially triple or quadruple your money if you put it into silver. PHYSICAL ONLY and PSLV.
Long ans strong, buy the dips.
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Gold demand strong; predicted prices around $2000
http://www.dubaichronicle.com/finance/investments/gold-demand-strong-predict-prices-around-2000-45622
Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the week unchanged.
Bearish sentiment constrained gold to a weekly low of around $1479 on Thursday. However, the metal found good support at its 15-week uptrend line and rebounded, temporarily at least, back above $1500.
Physical demand for gold has raised in the Far East and Asia. Despite the 5% correction seen at the start of the month analysts continue to predict prices around the $2000 level at least by next year.
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