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The people who are prepared are going to reap rewards such as they have never dreamed. We're going to have the biggest transfer of wealth in history – from the fools – to those who are prepared. – Bob Moriarty

The run up of the last few months to $1,565 gold and $19 silver has stalled out into a relatively high-level correction, giving back less than might be expected after such a spirited rise.

10 Year Gold vs Silver

Many people are focusing on the downside, without asking themselves, "What's the relative reward?"

Even if you only believe the upside case to be around $2,000, that's still a potential 5x:1 reward compared to perceived risk.

Whatever gold's potential gain, silver's will almost certainly be considerably greater, as has historically been the case.

In the 19 ... Read more »

Views: 28 | Added by: moneymetals | Date: 19/10/01