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<p>[QUOTE=&quot;p91, post: 411949, member: 6174&quot;]I prefer common sense over nonsense for my basis... and here are a few such points.</p><p><br /></p><p>Over the last 30 years, gold and silver&#039;s lows are usually in May &amp; June, occasianally there is a secondary low in August.</p><p>We are experiencing the biggest august low in a long time...</p><p><br /></p><p>There is also usually a christmas boom - our Christmas will be with a <b>new president</b>... Things are definitely starting to change.</p><p><br /></p><p>I believe these price goals will easily be broken by the end of the year/january.</p><p><br /></p><p>Historically the silver:gold ratio has been 10 or 15:1...this&nbsp; &#039;natural ratio&#039; (amount mined) was also utilized in coinage.</p><p><br /></p><p>The current ratio is 56:1. Something is definitely fishy here. Silver is a much more scarce commodity than even gold in above-surface value. And each year the supply falls much short of the demand.</p><p><br /></p><p>I think a better question to ask, rather than &quot;is silver and gold going to go up&quot; is... Is the dollar going to stabalize, and gain value? is oil going to become cheap again? will inflation and heaps of unrepayable debt be fixed? are there going to be more jobs in the U.S. than there are now?</p><p><br /></p><p>The one thing that&#039;s for sure, is times have changed... there is no longer an air of bullish tech-stock leveraging occuring... and the dollar index is a little more than half of what it was just several years ago...</p><p><br /></p><p>Plus, a new president is coming!~~~~!</p><p><br /></p><p>Change is in the air... and I dont see hard-assets, oil and food becoming cheap any time soon...</p><p><br /></p><p>the government claims 2.5% annual inflation? &quot;but thats different&quot; than prices going up because of demand - thats not &quot;inflation&quot; - so the fact that Lentils are up 150% in the last 12 months, rice and wheat about 80%... this isn&#039;t inflation! It&#039;s just an increased demand...</p><p><br /></p><p>The U.S. dollar has been constantly losing value since the creation of the federal reserve. It&#039;s a fiat currency that is being printed, and spent as fast as possible.</p><p><br /></p><p>Wheras, gold &amp; silver are a globally accepted currency that have been utilized for thousands of years, and cannot be reproduced.</p><p><br /></p><p>I think these are vital things to think about if you even have a piggybank with several U.S. dollars sitting around... Soon they may not be valuable enough to purchase the piggy bank its self.[/QUOTE]</p><p><br /></p>

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