2012 Silver Crash?

All the gold that has been mined would not make a dent in the worlds debt.
Paper ETFs are not real gold !
I would rather have gold than any currency in the world.
There are still some good stocks out there but it takes time to find them. History has put CL Colgate as one of the all time steady companies, SO southern company, Kraft foods all make money, pay a dividend and have a reasonable Beta. SHLD Sears holding Company has a Beta of 2.44 , 1.0 is average. Sales down 2 billion in the last two years. 12,11 and 10 B gross.
Uh no.
I think 2013 will send gold and silver up , the markets down, and maybe some changes.
I feel all will lose something, just how much is yet to be determined.
Pep

 

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This is because the $ is completely fiat. i.e. it's real value is 0. If that gold were expressed in the same terms that it was when it was seized from the people, it would be worth about $56,000 ounce.