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.
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 »