What Happens To Gold And Silver Next? Look Out Below?

The next active contract in Silver is May. June for gold.

If you have a few bucks you can part with, buy a few pieces of gold or silver. When this debt machine breaks down, you will be glad you did.

"In the longer haul I can see the AU$ slipping back 20% on the US$ and I believe this gives me an extra cushion in the longer term. But what do I know?"


The Australian Dollar is absolutely my favorite currency. A 20% discount would be better than beer going on sale.

really busy here but wanted to get in a few thoughts-

continue to watch silver and gold for higher highs and higher lows or lower highs with lower lows. simple. silver looks like it wants lower first as of today. I expect a range to be established for now before the next big move happens. Both are still in a downtrend nothing has changed that. time and patience are key as I always say.

@Kraven- I have been consistent. You are rigid and inflexible. Show me what commodities that benefited and went higher than their 08 levels except for a handful, I;ll give you 3 to help you out, now show me how where else in the commodity market,, did it get help from QE.... here's;s your top three. silver, gold and copper. but QE and its several waves did not boost overall commods.

Now going forward, big institutions and funds are and have been SELLING OUT. For the time being, they see no reason going forward to buy gold and silver. Its really simple. They have exited. Without them, gold and silver are going no where.


Silverhawk, Baseball, these two gentlemen stated some great points even tho we disagree from time to time- that things are getting better, that debt is being bought,, our military is much better than any ones in the world..... the world NEEDS the USA, in fact as the US pulls ahead the rest of the world will follow... all these factors mean-

1- our debt will ALWAYS be bought

2- our debt, our long bonds, our dollar, will always and continue to be sought after when there is crisis and problems, its the number one safe haven over gold.

3- the economy is getting better. again, I see it EVERY DAY. anyone who says the economy is in trouble and falling apart is living in the past. There is a lot of good positive data over negative data. WE have already been through the worst of it. There are way more positives then negatives.

4- I repeat myself- our debt everyday is printed, its sold and bought again. Period. This is how it always has been and this is how it will always be.


I could go on and on on why QE wasn't a bad thing. How the Federal Reserve achieved its objectives, why the economy IS getting better and why our debt is not an issue going forward. But this is not the place nor forum to discuss and debate this at length.

I want to keep my thread going to be useful for those who are buying silver and gold, that's what interests most..those looking for a better price and for those who want to be students of silver and gold. I have no bias WHATSOEVER in regards to its price movements, up or down.

Again I repeat myself. Gold and silver are in a strong downtrend. Being aggressive down here at these prices and going forward without any clarity on how low we can go AND not knowing what happens with gold and silver prices going forward.... could be financial ruin.

I suggest to continue to nibble and take baby steps if you are buying. If you want and have to buy, buy gold and silver that have the premium built in.

There will be better prices in the future and the train is not leaving the station.

Please do not make the mistake of putting all your money into gold and silver on the theory that things are getting worse and that in turn, they MUST go up and can only go up. That would be very unwise thinking and as the market has shown, going against what it wants to do, can cost you money. I dont think any of you, even long term holders want to start off the wrong foot with your purchases being under water.

Everyone has to do what they feel most comfortable with and can afford. Many feel that the gold/silver ratio is off and silver is undervalued so they feel silver a better deal. Now about 59/1

"Now about 59/1"

and probably headed for 200 to 1

I think I am going to go out and buy some groceries with my credit card, then I am going to pay it off with my other credit card. Geez.

Agreed as long as its diversified youre covered whether they go up or down.

Personally Id say you could go as high as 20% of your assets but dont bet the house on them. You wouldnt take everything you own and put it into a stock or bet it all on black, this should be no different.