re: funny how ...- 4 frank1943 If I may be so bold how much silver & gold do you hold?
Yellowcake is on the money with his prognostications as all those 'things' are factored into mining company profits & if any companies report a rising cost per oz in their announcements unless there are other factors in the equation down will go the shareprice. Perhaps LHG & the like should dabble in 'oil/diesel' futures. Just a thought.
I myself have 1000oz of silver. I went for silver as the gold/silver ratio, historically (not last year but a few years back) was 1/15 & at one time was around 1/80 so much were prices being 'manipulated'.When I bought the ratio was around 1/65 the other day it was down to 1/47.
So if the trend continues silver offers more leverage.
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