2011-07-15beaconequity.com

``"We haven't even really seen money start to significantly flow into hard assets, when that occurs and it will occur, it's going to have an outsized impact on the price of these things," explained Embry. "The gold price should be $2,000 within the next six months and I believe the gold/silver ratio will decline tremendously in that environment. I have no problem with $100 silver, none, and that might just be jacks for openers." The implications of Embry's suggestion of a 20 to 1 ratio between the prices of gold and silver appear, on its face, extraordinary or apocalyptic. A move of 25% in gold that sparks a 150% in silver may be hard to take in for newcomers to the bullion market. But let's consider the last gold and silver rally.''


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread