Silverado Gold Mines

in response to GRIM REAPER's message

I wonder if they would play a straddle on the metals, collect on both sides? too scary for me. I just plug on........ and buy silver mostly as that is way undersold. The Gold/Silver ratio is like 83-1. Much more upside with silver but it is also more volitile. Over their history, the gold/silver ratio should be around 15-18 to 1. Also in the runup of PM's in '79-80, the DJIA bought an ounce of gold ! Today with a Dow of 16500 that would but 14 oz. of gold ! The market needs to fall considerably and gold needs to rise the same. Can gold reach $5000 as some say, and will the market fall by 2/3'rds? Peter Schiff today is calling for a "Pearl Harbor" in the markets. Me thinks that would create a rush to the security of PM's. Not any stranger a possibility than Donald Trump running as Republican candidate for POTUS !!!!!!!!! Whooda thunk it ?????????????

koala

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koala
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