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<p>[QUOTE=&quot;Rono, post: 648234, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>Right now we&#039;re seeing a surge in commodity prices due to the &quot;anticipated economic recovery&#039;.&nbsp; Silver is an industrial commodity much more than gold and is being impacted more.&nbsp; I say this because over the past couple of months, we&#039;ve also been seeing the Noble Sisters (platinum and palladium) being strong and they too are industrial metals.&nbsp; We&#039;re seeing it in copper, nickel, zinc, etc.&nbsp; </p><p>&nbsp;</p><p>If anything, gold&#039;s being dragged along for the ride.&nbsp; </p><p>&nbsp;</p><p>Now this is current.</p><p>&nbsp;</p><p>Over the longer run, many of us believe that silver is undervalued relative to gold and will out perform.&nbsp; Historically, the gold/silver ratio has been between 1-15 and 1-20.&nbsp; Right now it&#039;s 1-68.&nbsp; Back in 1980 at the peak, gold topped out at $850 and silver at $50 (1-17).</p><p>&nbsp;</p><p>So, while I&#039;m a coin collector and also a gold and silver coin collector, I&#039;m a bullion hoarder and precious metals speculator AND I overweight silver relative to gold.</p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

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