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<p>[QUOTE="Cloudsweeper99, post: 962894, member: 3011"]Gold is tougher to analyze than silver. I actually got into silver first after some analysis revealed that world-wide inventories were falling because consumption exceeded production. The factor that made gold attractive was the halt in central bank sales, and subsequent purchases. Now I believe speculation is beginning to dominate fundamentals, but this isn't necessarily a bad thing, and it could drive prices much higher than anybody expects. For me it is easier to make a case that silver prices will be higher in 5 years than trying to guess where Apple stock is headed. The other factor I watch is people, and I'm not above "stealing" a good idea. I examined silver closely when Warren Buffett bought it [although I never understood his sale], and I've been a long term follower and investor in anything Rob McEwen is involved with on the gold side. I just try to understand what they understand and follow their lead if it makes sense.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 962894, member: 3011"]Gold is tougher to analyze than silver. I actually got into silver first after some analysis revealed that world-wide inventories were falling because consumption exceeded production. The factor that made gold attractive was the halt in central bank sales, and subsequent purchases. Now I believe speculation is beginning to dominate fundamentals, but this isn't necessarily a bad thing, and it could drive prices much higher than anybody expects. For me it is easier to make a case that silver prices will be higher in 5 years than trying to guess where Apple stock is headed. The other factor I watch is people, and I'm not above "stealing" a good idea. I examined silver closely when Warren Buffett bought it [although I never understood his sale], and I've been a long term follower and investor in anything Rob McEwen is involved with on the gold side. I just try to understand what they understand and follow their lead if it makes sense.[/QUOTE]
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