Peil laughs all the way to the bank

Discussion in 'Economics' started by morganist, Oct 6, 2010.

  1. Latest Gold Price 1347.50.

    Could it reach 2000 soon?
     
  2. S2007S

    S2007S


    I think it drops back below $1200 for sure in the short term, its gone too far, too quick.
     
  3. Yes it is partly a cyclical thing. It always goes up between september to december then falls sharply by february.
     
  4. Its my silver thats making me rich, Not my gold. :) Still waiting for silver to get back to a 17.5 to 1 ratio though. I think we are at about a 58 to 1 ratio now.