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ProShares UltraShort Silver Message Board

  • jai4524 jai4524 Jan 8, 2012 6:28 PM Flag

    Silver. 2012 predictions bullish

    James West, the editor of The Midas Letter and portfolio advisor of the Midas Letter Opportunity Fund, isn’t interested in timing the precious metals market—that’s a good way to end up butchering perfectly good investments. He believes Silver price is going to be one-sixteenth of the Goldprice so it’s already undervalued by at least two-thirds. Gold and silver are both going to continue to appreciate. Also he agree with Sprott when he says that silver is going to outperform gold in 2012.

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    • Bob Moriarty, founder of 321gold.com, argues that the Silver Gold ratio over 100 years has been 47:1—47 ounces of silver per ounce of gold. He believes that the ratio could spike to 100:1 during this financial crisis given that historically the ratio has always been higher in such situations.

 
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