gold, page-111108

I think the next major gold move will be due to silver. I'm not talking about the move to even $3000, that may come before that event. But the move to $5000+.

Once the silver futures markets implode due to inability to source physical silver the price will obviously sky rocket. COMEX registered silver is now down to 68M ounces, from about 150M ounces 17 months ago. That is the amount of silver available for trade on COMEX. Even JPM are worried about the fractional silver banking going on at LBMA and have been moving a lot of silver to a new vault to claim full ownership of it, leaving numerous bagholders in their wake who think they own actual bars in the vaults it was taken from.

While the gold:silver ratio will come back down to anywhere between 30-60:1 and soak some of the potential gold gains, it will still be enough to significantly increase gold.