Gold vs. Silver Now
Sumber:GoldSilver.com
WHAT'S THE CURRENT GOLD/SILVER RATIO?
Silver - With the gold: silver ratio at 65 ($1117/$17.10/oz), silver remains a compelling buy at these levels and will likely be the surprise outperformer in 2010 as it was in 2009 (up by more than 51% YTD as per table). Silver’s industrial uses should mean that the gold/silver ratio will likely gradually regress to the average in the last 100 hundred years which is close to 40:1.
If the tiny silver market was to see real funds enter it than the ration could return closer to the historical average of 15:1 as it did as recently as 1980. Silver remains less than half of its nominal record price in 1980 and very undervalued from a historical basis.
Seeking Alpha 12/15/2009
WHERE IS GOLD GOING?
Kevin Kerr, president of Kerr Trading International said the precious metal's (gold) "more likely to hit $3,000 than $800 in the next two years."
"I am bullish longer term on the U.S. and global economies, but ... I feel the die has been cast for lower fiat currency prices in years to come and a global shift out of the dollar and into commodities as the new reserve currency," he added.
Kerr listed hyperinflation, more job losses in the U.S., negative interest rates for an extended period of time, efforts to price crude oil in currencies other than the U.S. dollar and attempts by China to move a larger part of its foreign currency holdings into gold as conditions that would support a further increase in the yellow metal's prices.
Amerifutures managing director Patrick Kerr lists gold purchases by central banks, "the deepest pockets of them all," as one of his 10 reasons why gold could shoot up to between $5,000 and $10,000 an ounce.
MarketWatch 12/18/2009
WHO IS NEXT TO GO GOLD?
Central banks and their "deep pockets" have been publicly buying gold reserves for six months now. India, China, Brazil, Russia, South Korea ---> they are all seeking more gold reserves.
We believe it's not a question of "if" these countries are going to increase their gold holdings, it is merely a question of "when" further purchases are announced.
2010 is right around the corner. Are you going to be on the winning side of next decades coming wealth transfer?
The economic fundamentals warrant immediate action. History shows that moving decisively into gold and silver cannot only help in securing your financial future but during the right part of the economic cycle (which we think is now) can lead to life changing wealth.
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