According to Harry Schultz.
There is no morality in fiat paper. None, zero, nada. No honesty, No trust, it's all built on lies. I don't know how can people stand for this. The entire financial system is a bloody scam. Commerce is the lifeblood of any economy, yet no one is taught in school how money has come about, yet children are made to learn things that may never be of use to them, ever. Amazing.
Today's spot Silver $30.63, down 26.48% from a year ago. Today's spot Gold 1654.10, up 7.02% from a year ago.
Last year I said Silver will be $60 by June, looks like that's going to be by the end of December. Gold, conservatively we're looking at $2000 to $2500. However, if the US dollar collapses by the end of this year, which certain Elite have said it would, then higher prices will be expected. I am positive we're now reaching a parabolic stage when everyone around the world will rush into the precious metals. However, I don't expect Gold to hit $5000 or $10000 because a new currency will probably be introduced before that should happen.
Shown below, 15 year graphs of both metals.
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