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<p>[QUOTE=&quot;Juan Blanco, post: 1603620, member: 41665&quot;]What happened the to the Silver to $100 thread? (or was it $80?) lol</p><p><br /></p><p>Silver is ~2x as volatile as Gold, and I believe there&#039;s ~correlation of the PMs ; I watch Gold primarily. </p><p>My original 12/31/2012 Gold call was pretty close, but I admitted in mid Nov. that I was too conservative on the downside: </p><p><a href="http://www.cointalk.com/t217473-6/#post1603617" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t217473-6/#post1603617">http://www.cointalk.com/t217473-6/#post1603617</a></p><p><br /></p><p>Please note Jim Roger&#039;s statement 12/18/2012 that &quot;{Gold has} been correcting for 15-16 months now, which is normal in my view, and it&#039;s possible that correction is going to continue for a while longer.&quot;&nbsp; I think volatility (if investors flee to cash) will <i>dampen </i><i>not bolster</i> Gold asset allocation by institutional investors in the short term (bearish scenario.) If the economy IS improving, however, PMs are NOT the asset-class to focus on.&nbsp; </p><p><br /></p><p>Either way (things generally get better, or worse) I suppose 2013 for Gold will look more like 1975 or 1976.&nbsp; Next 3 months?&nbsp; I foresee more downside for PMs, with better buying opportunities in the Spring 2013.&nbsp; </p><p><br /></p><p>So 2013 Low POS @ $19.? That&#039;s a distinct possibility, not yet <i>probable </i>- and just my two cents. This picture is still way too murky, let&#039;s see how the ongoing fiscal crisis plays out...[/QUOTE]</p><p><br /></p>

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