The problem with dutchmann64 thinking is he's making it sound like the next 5 years is going to be more of the
same,and this is the best deal that LSG can get, that
silver is 1/80th the price of gold, and in a gold bubble
it will be 1/15th. Forgetting that the silver mines aren't
in stable Timmins ontario but unstable emerging nations
that often steal and nationalize gold and silver mines
alike, when the invetible collapse comes, when they need
money and gold based money to recapitalie and stabilze
their financial and debt system.
The last 5 years has seen the US led world economy
go nowhere on soveregnty debt bubbes, making the
world conditions worse than the preliminary 2008 crash
conditions we are approaching again in 2016. Yet not
recognizing they caused this unsustainable condtion,
the US is now trying to normalize its interest rates in a
recession, which is unheard of, while the rest of the world
is still practicing more of the same US's past failed QE
money printing, low and now to negative interest rates,
and saying they'll have to put capital controls on your
money so you can't vote with your feet to gold/silver,
but keeping everyone trapped in a paper money system
that's devaluing and collapsing.
It's called stagflation where the real economy is entering
serious deflation unable to pay for its past homongous
sovereignty debts, while having to stay trapped in now
confirmed and known to be failed stimulous policies of QE
money printing and debt credit formation, which seems to
have no limit till the US led world financial and economic
system collapses.
Gold takes off in failed financial/currencies situation like that
(the nations that can still buy it and not confiscated) and
silver is pulled up because of that, to resume it's monetary
role then, along side it's big brother.
But where do you want your money put, in safe secure big
brother gold and nations like canada, with still lots of shares
in your gold stocks, or in greatly consolidated shares, and
silver company with it's main silver mines in unstable and
prone to nationalizing mines, emerging nations?
From
'Future Gold Prices'
by Gary Christenson. Posted on March 7, 2016
https://deviantinvestor.com/7705/future-gold-prices/ "The internet is filled with predictions for the price of gold, from $500 to $50,000 per ounce. It depends on your world view.
If you are a central banker or a powerful financial player which often supplies loyal employees to serve as Secretary of the U.S. Treasury, the low gold numbers look good.
Or, if you understand the incredible $200+ Trillion of debt the world has accumulated and realize it can’t be repaid, then gold at $10,000 probably looks inevitable. Crashes occur and sovereign debt markets look like paper bubbles with disastrous potential to send gold much higher."