Up late.
More worries about European debt levels. Gold is now working it's way past 1600. Silver is still mired in at 40 which is a 40-1 ratio with gold. The historic standard ratio was 15-1. I could live with that pricing.
Central bankers are pretending to scratch their heads, telling the public gold isn't money. Please use our worthless paper instead. Gawd what I wouldn't give to hear Ron Paul ask Ben Bernanke one simple, direct, question. "Ben, do you personally own any physical gold or silver?"
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2 comments:
I hope silver stays at 15 : 1. It will mean that the world as we know it hasn't ended yet.
Stays at or returns to ?
I look for the day when I am asked: "Hey, Buddy, can you spare a Roosevelt Silver Dime?"
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