Silver

[Dog Walker]

I'm not listening to "them".  I've been through this before.

[buckethead]

Methinks silver is about to go on a tear. Gold will slow.

Silver at $80 by Quanza?

[chipwich]

I severly doubt upside potential is out for silver.

I expect to test the $50/ ounce mark later this year.  Gold and silver are going parabolic and unlike the 2008 crisis, silver has legs to stand on (and too outstanding short contracts and much more investment demand). 

At a 40:1 ratio (assuming gold creeps up to $2,000, then silver will follow to $50). 

I'm not a stacker.  However, in the absence of secure soverign debt, sustained distress on financial institutions, and further monetary easing worldwide, then I think precious metals are some of the only commodities that can fill the asset vacumn for safe haven status.

BTW, the US 10yr is trading at 2.13%.  Probably time to go short as I doubt it will stay that way for long.