21.02.2011 - Gold-Silver ratio may decline to 16 in next few years: NIA
From Commodity Online: The silver prices have reached 30 year highs at $32.87 per ounce and gold-silver ratio is now down to below 43. The ratio could further decline to 16 within the next few years, according to National Inflation Association (NIA). It stated that investors should not be surprised to see gold reach $5,000 per ounce in 2015 and silver reach $500 per ounce at the same time! Silver has already climbed 89% since NIA declared silver the best investment for the next decade on December 11th of 2009 at $17.40 per ounce!, it stated in a press release..............................................Full Article: Source
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