Market Commentary- GOLD & INVESTMENT IN FAILURE September 2, 2010
- Mosseri and Loud: Hedge Your Bets – The Gold Report September 2, 2010
- Roger Wiegand: Opportunity in Crisis – The Gold Report August 31, 2010
- Louis James Gets Physical – The Gold Report August 30, 2010
- Are Gold Stocks worth the effort August 30, 2010
- High Volume Resistance Plagues Precious Metals, Oil & SP500 August 30, 2010
- Ratio Analyses Suggest Gold and Silver Will Go MUCH Higher! August 30, 2010
- External Media
- The gold debate: Will gold be as good going forward
- Gold Prices to Challenge All Time High
- SP500 & Gold At Crucial Pivot Points
- China doesn’t like BHP Potash Corp bid – report
- Silver About To Break Out Big!
- Saskatchewan would have “lots of concerns” about a Chinese Potash Corp bid
- Gold in September – Frank Holmes : CEO, US Global Investors
- Silver’s fundamentals
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Charts courtesy of MineralSTOX.Com
Silver’s Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce!
by Gold Editor on July 12, 2010
By: Lorimer Wilson www.FinancialArticleSummariesToday.com
Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 per ounce (or more) before the parabolic top is reached. As such, just imagine what is in store for silver given its historical price relationship with gold. We’re looking at an extreme case scenario of a future parabolic top of perhaps as much as $714 per ounce for silver, the ‘poor man’s gold’. Let me explain.
The current price of gold and the price of silver – the silver:gold ratio - continues to hover around the 67:1 range which is way out of whack with the historical relationship between the two precious metals. It begs the question:
“Is now the perfect time to buy silver instead of the much more expensive gold metal?”
Silvers Historical Correlation With Gold Suggests Parabolic Top As High As $714 per Ounce