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<p>[QUOTE="qsilver007, post: 1466191, member: 34667"]like i said im astreet guy so i have to make these metals decisons everyday, but in my humble opinion if you look at a chart 57:1 has been very good point to enter long silver short gold, i am not really against gold, i am more of the beleief that silver and platinum are greatly undervalued. for the35 years preceding the sp downgadeof the us last summer platinum genrally trade 30% percent premium to gold.. you will hear all kind of story supply demand, cnina slowing, blah blah blah, the only thing that has changed is more peoplE are opening u to gold being money and not everyone thinks platinum and silver are. the coin collectors of the world know silver is $ as most coins pre 1960-1970 were silver. The US fixed Gold Silver at 35:1 from 1932-1968. so its only since demonetezation of the dollar from PM;s that Silver has fallen compared to Gold. Unfortunately the PM makrets are run by a bunch of traders many of whom simply use algos, most of them sold ther gold at 1530 3 weeks ago and got short, they bought oil at 115 adn are getting short at 83. everyone has there own opinion which is great otherwise i would have no job, but from a professional, personal and technical perpective silver is too low. once silver broke 20 back in 2010 herds of people realized it had minetary value, and fundamentally the investment and fabrication demand for silver will result in a shortage agian this year and platinum production is expected to be down 22% year over year as Implats Rustenburg mine is still experiencing problems. Europe will end up putting ten trillion euro in there system by the time its all said and done beacuse the world does not want another 2008 or worse, as they start announcing this the ruo will continue to go down adn metals will go uo as even the funds will have little choine to get on board. Also in silver in the futures community there is the lowest long position since 2003-2004, that was pretty much near the low in silver. just my thoughts................sincerely,,,,,,,,,,,qsilver007[/QUOTE]</p><p><br /></p>
[QUOTE="qsilver007, post: 1466191, member: 34667"]like i said im astreet guy so i have to make these metals decisons everyday, but in my humble opinion if you look at a chart 57:1 has been very good point to enter long silver short gold, i am not really against gold, i am more of the beleief that silver and platinum are greatly undervalued. for the35 years preceding the sp downgadeof the us last summer platinum genrally trade 30% percent premium to gold.. you will hear all kind of story supply demand, cnina slowing, blah blah blah, the only thing that has changed is more peoplE are opening u to gold being money and not everyone thinks platinum and silver are. the coin collectors of the world know silver is $ as most coins pre 1960-1970 were silver. The US fixed Gold Silver at 35:1 from 1932-1968. so its only since demonetezation of the dollar from PM;s that Silver has fallen compared to Gold. Unfortunately the PM makrets are run by a bunch of traders many of whom simply use algos, most of them sold ther gold at 1530 3 weeks ago and got short, they bought oil at 115 adn are getting short at 83. everyone has there own opinion which is great otherwise i would have no job, but from a professional, personal and technical perpective silver is too low. once silver broke 20 back in 2010 herds of people realized it had minetary value, and fundamentally the investment and fabrication demand for silver will result in a shortage agian this year and platinum production is expected to be down 22% year over year as Implats Rustenburg mine is still experiencing problems. Europe will end up putting ten trillion euro in there system by the time its all said and done beacuse the world does not want another 2008 or worse, as they start announcing this the ruo will continue to go down adn metals will go uo as even the funds will have little choine to get on board. Also in silver in the futures community there is the lowest long position since 2003-2004, that was pretty much near the low in silver. just my thoughts................sincerely,,,,,,,,,,,qsilver007[/QUOTE]
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