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<p>[QUOTE=&quot;Rono, post: 344868, member: 6492&quot;]sell point for silver?</p><p>&nbsp;</p><p>Rather than a dollar point, I would look more at the ratio between silver and gold.</p><p>&nbsp;</p><p>Right now it&#039;s 48 to 1 and early last year it was about 70 to 1.</p><p>&nbsp;</p><p>Historically, it&#039;s been between 15 and 20 to 1.&nbsp; Even in the great bull market of the late 70&#039;s, gold peaked at 850 and silver at 50&nbsp; which is 17 to 1.</p><p>&nbsp;</p><p>that said, I think we&#039;re in a long term bull market in all commodities including the precious metals.&nbsp; most last for 15 years or so and this one started in 2002 which would give us another good 9 years of bull.&nbsp; however, I&#039;ve heard some talk about a 40 year bull market in commodities.</p><p>&nbsp;</p><p>and there is the possibility of peak oil hitting and cranking oil to 200 a barrel.&nbsp; what impact that would have on gold and silver, should it occur . . . </p><p>&nbsp;</p><p>anyway, at this point, I&#039;m still buying,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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