Thursday, April 11, 2013

The Stunning Roadmap to $500 Silver & $8,000 Gold

My targets have been $6300 for gold and $400 for silver, based on two independent calculations:  trough to peak valuations, and money supply coverage ratios.  I also applied historical gold-to-silver ratios.

My timeframes--always difficult to pin down, were 2013 - 2015, based on 14-year bull markets in gold, due to the double bottom formed in 1999 and 2001.  With rampant and unprecedented central bank interventions, that time frame could be stretched out.

Kevin Wides' price targets are $8000 and $500 for gold and silver, respectively.  I've seen targets ranging from $2000 to $44,000 for gold.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/11_The_Stunning_Roadmap_to_%24500_Silver_%26_%248%2C000_Gold.html

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