silver

[Berto]

Silver is traditionally a roller coaster. I still want in, especially with everyone talking gold. The Gold:Silver ratio is getting high but historically isn't as crazy as it was a few years ago:

http://stockcharts.com/h-sc/ui?s=$GOLD:$SILVER&p=D&yr=3&mn=0&dy=0&id=p08840316056

Fuck, I don't know. I still think the dollar is gonna get some idiotic rally and it's gonna dip and I'm gonna get in.

 

[conv3rsion]

Current ratio is 46:1 right now with Gold. Even though Gold is going gangbusters, its sure hard to think this ratio will stay like this. Silver has industrial uses though, and with the economy going double dip it seems like it does best on a weak dollar / lots of economic activity cycle. So I understand why it hasn't rallied yet again and if Gold doesn't drop in the next 3-4 months, its very likely we are at $50+ silver, finally. Margin requirements be damned.

 

[Dwight Schrute]

Current ratio is 46:1 right now with Gold. Even though Gold is going gangbusters, its sure hard to think this ratio will stay like this. Silver has industrial uses though, and with the economy going double dip it seems like it does best on a weak dollar / lots of economic activity cycle. So I understand why it hasn't rallied yet again and if Gold doesn't drop in the next 3-4 months, its very likely we are at $50+ silver, finally. Margin requirements be damned.

^^
This

As well as the fact that more and more uses for silver are being found, as well as the fact that the supply of above-ground silver is becoming more scarce.