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SurvivalBlog reader H.W. mentioned that Jim McCanney at www.jmccanneyscience.com has a series of lectures about extra solar system objects for the next eight weeks. (The series began 12-8-2005).At the website scroll down until you see the archives for each week’s show.
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As reported by Reuters-Italy, Frank Holmes, the CEO of U.S. Global Investors predicts the spot price of gold to advance to $650/oz. in Aught Six.
He cited short supply and burgeoning demand, particularly in Asia. See:
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The recent correction in the price in silver (currently down to around $8.50 per ounce) might be a good chance to buy, those of you that thought that you missed the boat. I don’t have a crystal ball, but logic dictates that silver will probably be back to +/-$9.30 by the end of the year. That will just about cover what you would pay in a typical dealer’s commission. (The dealer’s premium much higher on silver than gold, due to higher shipping costs.) OBTW, the temporary disparity with the price of gold (which hasn’t corrected nearly so much) has pushed the silver-to-gold price ratio to more than 61-to-1! (Two weeks ago it was 58-to-1.) So this might also might be a good chance to “ratio trade” and diversify into silver for any of you that feel over-invested in gold. (For example, if you do not have enough silver on hand for barter.) As my brother says: “Balance in all things!”