silver in backwardation, set to explode, page-4

GoGlenroy,

Your figures are remarkably similar to those on a USA blog I read:

http://tfmetalsreport.blogspot.com/2011/01/1600-gold-by-june-10-2011.html

Although I will grant you the time line is a little different I would appreciate if you could give a little more background as to how you arrive at these low and high point prices for gold and silver? T.F. gives no great technical insights but I do find his thoughts plausible

For my pennyworth given all I have read on the many various web sites we may see a low point for gold and silver this coming week but my gut feeling is we may need to wait until March to see new price highs for both these metals.

Whilst the current knockdown of gold causes me some heartache in the mining shares I don t feel anywhere as near upset in regard to my physical gold / silver holdings.

I guess this tells me I should move out of shares and paper assets and buy more physical at least this next week whilst it continues to be the best buy so far in the January sales!

As always no advice offered just thoughts to share. Your hard earned over taxed money is far too precious to risk without your own D.D.

Very best regards: Andy