SILVER - GOLD RATIO VARIES IN CYCLES
OFTEN REPEATED HISTORIC ANALYSIS INDICATES SILVER COULD OUTPACE GOLD IN PERCENTAGE INCREASE DURING NEW ECONOMY INVESTMENT CYCLE SOON TO BEGIN FOR PRECIOUS METALS.
Ag : Au Era
16 : 1 - Silver to Gold Ratio has existed for thousands of years
17 : 1 - Jan 1980 - PM Historic Peak due to lack of Economic Confidence
100 : 1 - 1990s as Confidence restored in US$
61 : 1 - Jan 2010 - Ag $18.66 : Au $1133.xx spot ounces
16 : 1 - In Future due to insecurity in markets from Derivatives and Fiat Currencies (curreny based on analytical confidence of a nation's economy vs a gold specie backing in storage), plus inflation adjustment, also demand is growing for gold and silver.
2nd Wave of negative economic data yet to manifest can concern Commercial Real Estate Derivatives as a 10x larger problem than the sub-prime collapse of 2008.
Silver has more industrial use than gold. CPI Index of 1970s was accurate, therefore with inflation adjustment and other economic considerations gold could value up to $6000 per oz. A conservative increase to $2500 per ounce is considerably believable.
Studies indicate gold seems very likely to continue rising in value. {Recent dip in gold price after a sharp rise was due to accumulative 4 tons of gold a day sold by private investors who bought when prices were considerably lower. Another source told me much more was sold by national treasuries during the crest in December 2009.}
Monday, November 15, 2010
DISCLOSURE IMMINENT? NASA TO ANNOUNCE DISCOVERY OF "EXCEPTIONAL OBJECT"
NASA Announces Televised Chandra News Conference WASHINGTON -- NASA will hold a news conference at 12:30 p.m. EST on Monday, Nov. 15, to discuss the Chandra X-ray Observatory's discovery of an exceptional object in our cosmic neighborhood.
The news conference will originate from NASA Headquarters' television studio, 300 E St. SW in Washington and carried live on NASA TV.
http://www.nasa.gov/home/hqnews/2010/...
Ashraf Laidi, Potential Irish Budget Cuts Would Help Euro
Nov. 10 (Bloomberg) -- Ashraf Laidi, chief market strategist at CMC Markets, talks about the outlook for Ireland's debt. Irish 10-year bonds tumbled for a 12th day, leading a rout in debt from Portugal to Greece, as LCH Clearnet Ltd. demanded its clients place a larger deposit when trading the nation's securities after yields soared. Laidi talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
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