Are you buying or sitting on the sidelines?

Discussion in 'Bullion Investing' started by PeacePeople, May 15, 2012.

  1. dannic113

    dannic113 Member

    As to what? It happening at all? or within two years? Silver in two years at $20 or under I'd take the bet. I think we are closer within the two year time frame on silver (maybe even less than that as of me writing this kitco has silver at 28 and change) than $950 on gold and I didn't quite make that clear and that's my mistake. Gold to hit $950 I'd say it would take a catastrophe for gold to just complete drop off $600 two years out. That's as much a fools bet as saying silver will rally and carry $50 in the next two weeks. Long term though I do see gold's floor at about $800. I know most are predicting 1K-1200 floor on gold and $25 on silver but that's hoping that ours and the global economy don't recover to acceptable levels.
     
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