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PREDICTION ON GOLD & SILVER

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W.K.F.

1,385 views

All "Bets" are off...

Greetings Collectors & Investors,

I had thought, and predicted that the price of the metals would fall after the upcoming tsunami on Tuesday Nov. 2nd. After seeing what China has done with their interest rates and now most are predicting that the Fed will crank up the printing presses when they meet next week, this spells only one thing. INFLATION, INFLATION & MORE INFLATION. This will send the metals into the stratosphere. Maybe not presently, because of an almost dead economy, but it's coming. And boy oh boy when it starts, there will be no stopping it. Just a few days ago silver had dropped almost to $23. This eve according to Apmex.com silver is $24.77 a few minutes ago. When we see 7% plus moves upward inside mere days, and the supply worldwide shrinking daily, this spells only one thing. Much much higher prices across the board. Especially in all things commodity. While I do think it possible that there will be a correction on election day, there is nothing to hold this wave back. And we have the time of year where demand rises even more because of the up-coming holiday buying season, along with the moon the sun and the stars, all lined up, the pressure is building like a volcano fixin to blow.

While I have always been a buyer no matter what the price, any of you that want to park some money just for a few months and then cash it in, I think there will be some good money to be made. It is a combination of more things than I can count on one hand that will send gold and silver higher. It just boils down to what has the least expensive premium above the spot price. I still like silver Kennedy halves, both the 40% & the 90%. Next would be AU common date silver dollars and lastly, generic foreign gold as well as 999 fine silver of all kinds. All five of these items will do real well.

Hang on to your hats and "buckle up" 'cause the ride is fixin to switch gears. Make sure all of you vote on Tuesday so we can begin to get some sanity back into government. But there has been major damage done and with the money spent thus far, achieving only one thing, and that's more debt, coupled with the "presses" starting to roll again, all I can say is just "hold on for the ride"! It's gonna be a long fast one. Good luck to all of you and to all the candidates you support and may your celebration on Tuesday evening and all day Wednesday, be a great one. I think we will be having a good one down here in Florida. It just goes to show what we as Americans can do when we are tired of being shoved and having ideas we don't like or don't want crammed down our throats. Tuesday is our brand new 1776.

Happy Collecting & don't forget to vote!!!

WKF

The silver to gold ratio has dropped to below 55 for the 1st time in dozens of years. Right now gold is $1360.80 and silver is at $24.77 which makes the ratio 54.937

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