34000%....You have chosen the minimum lawnbowler! This is EASILY possible...
For example...340 times the price of silver is only $9,200...!
1. We know that the DOW:GOLD ratio should hit 1:1 at some point in the future, (this has historical precedent in Kondratiev winter), and given that the Powers That Be (PTB) refuse to let the DOW fall, this means that GOLD must rise to AT LEAST $11,000 eventually...higher in true hyper-inflation.
2. We know that silver is relatively rarer than gold at this point (there is more physical gold (2 bil oz) than silver (1 bil oz) on the surface of the planet), and investment demand is relatively stronger than the historic ratio implies...The dollar amount of GOLD investing is only 5 times the size of the current silver totals (not 16 in inverse corelation to the historic price ratio...and not 50 times in inverse corelation to the CURRENT GOLD and SILVER prices...so investors are already buying 10 times as much silver as might be expected by the CURRENT prices.
3. Therefore, silver is in a "craze" already and therefore WILL return to it's historic GOLD:SILVER ratio of 16...and SHOULD overshoot that ratio as usually happens...
4. So, if the current SILVER "craze" continues...the GOLD:silver ratio overshoots, falling from current 50:1 to only 5:1, (and not 1:1 as Ziggy - Ted Butler's friend - thinks might happen...or even 1:2 in a ratio with the current amount of gold and silver on the surface of the planet!), and gold is at 10,000...then it is only logical that silver price near $2000 is EASILY possible and not a strain at all.
5. If the SILVER price can rise to $2000, this is 74 times its current price of $27.
6. If ECU is leveraged to the price of silver by 5:1 which should be easily attainable (historical junior leverage is not out of line with this estimate) then ECU could rise by 5 times 74 = 370!...EASILY OBTAINABLE...
7. QED - (thus it is proven)
8. We're not even talking tulip bulbs here! When we start talking tulip bulbs, then things get really crazzzzzy! ... GOLD at $30,000/oz (when total number of $US divided by number of gold ounces), SILVER at 1:1 ratio because of insane investment demand and relative SURFACE scarcity compared to gold...ECU leveraged 10 times silver because of insane speculators...
The above would yeild a rise in silver of 1111 times, and therefore ECU share price of 11,111 times! ECU will be making 2 or 3 billion dollars per month at this point...(and RATS says they will never make a profit! HA!)
11,111 times $1.11 = $12,333 per share! (the relm of make-believe is imaginable - wow, I'm going to be a billionaire!)
9. Hold on to your shares people! It's going to be a wild ride...lol
lotus petals,
gildage
