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<p>[QUOTE="passantgardant, post: 1141622, member: 30033"]Indeed, none moreso than the participants on this forum I think. The vast majority of the public won't even get involved until $50-$100/oz. Once they do get involved, the movement will be unfathomable. I think in the span of time that occurs, gold will double and silver will go at bare minimum to 16:1, giving a silver price of $175. But markets almost always overshoot, so I think we could easily see 10:1, or $280. And it will only stop there if the government finds an adequate solution to the hyperinflation, such as declaring bankruptcy and converting to real money. Otherwise, sky's the limit as denominated in dollars. Denominated in real things, precious metals will appreciate significantly against commodities in general as they regain their monetary status. Perhaps a double or triple from here for gold and silver at the old ratio, so a ten- to fifteen-fold increase for silver. Thus, from the perspective of improving your purchasing power, silver is the way to go.[/QUOTE]</p><p><br /></p>
[QUOTE="passantgardant, post: 1141622, member: 30033"]Indeed, none moreso than the participants on this forum I think. The vast majority of the public won't even get involved until $50-$100/oz. Once they do get involved, the movement will be unfathomable. I think in the span of time that occurs, gold will double and silver will go at bare minimum to 16:1, giving a silver price of $175. But markets almost always overshoot, so I think we could easily see 10:1, or $280. And it will only stop there if the government finds an adequate solution to the hyperinflation, such as declaring bankruptcy and converting to real money. Otherwise, sky's the limit as denominated in dollars. Denominated in real things, precious metals will appreciate significantly against commodities in general as they regain their monetary status. Perhaps a double or triple from here for gold and silver at the old ratio, so a ten- to fifteen-fold increase for silver. Thus, from the perspective of improving your purchasing power, silver is the way to go.[/QUOTE]
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