I never said I was going to pay it. If there is a check, there is a paper (electronic) trail.

Not when I've sold it.

I know of the couple of instances where things were "bartered" using metal. Until they have 24/7 overhead drone observation of individual people, they can't stop such bartering.

silver should outperform gold with ease with all the tail wind's !

Maybe, maybe not.

Where do you see the GST falling too?



Is there a possibility of a silver correction? I could see 30 to 40 percent. Gold isn't correcting 40 percent.

It's all a crapshoot

If you’re not ready to get out of metals, now is the time to convert silver to gold. The ratio says so….

It's a wild guess, but I think you may be right.
If anything makes a big correction it will be silver first.

Not much to report as of yet today other than the close on the Shanghai market last night was $128 USD

Here is my thought on this Mark. Since Nixon shut the gold window and we were taken off the gold standard in 1971, we have seen two drastic plunges like the one that is occuring

March 2011 38:1

December 1979 15:1

In between those two time periods it stayed pretty much range bound between 40 to 60.

After the GFC ended we saw gold level and then start climbing while silver stayed cheap. IMHO what is happening silver catching up to gold causing the increase as much as industrial pressures.

Starting right now from today I can see a window for silver to correct 30 to 40 percent. Gold? I don't think we will see 3500 dollar gold again.

Now putting it on the other foot, I see a 15 to 1 ratio, there are lots of pundits who do. If we do see that I won't lose any sleep not swapping gold for silver, it isn't worth the risk.

To each there own though, I traded some silver for gold 10 days ago, if I had waited until today I would have saved 5 oz. No worries though, it part of the strategy.