RE:RE:RE:BANG!!!During the Lassonde interview he mentioned that china and india are both dead right now...not buying anything. And that India is swimming in silver suggesting its not going much higher until we near the end of this bull run in 2 to 5 years.
Thanks for the feedback. It's appreciated, but I did note the potential overhang of supply and lack of demand from India and China but he inferred that this is a reason for caution over the short to medium term (a correction coming?) and he did quickly mention gold at 2400; however, what he didn't do is expound on this idea so not sure where to take this idea.
What he didn't say is that silver isn't going much higher until the end of this 2-5 year bull market. What I took away from his comments was: Silver is in a bull market but it will really, really start to outperform gold at the very end of this bull cycle. In fact he wouldn't even hazard to guess where the gold-silver ratio will end up. I don't see a scenario where were in the late stages of a bull market and gold has gone thousands of dollars higher and silver has stagnated in the lower to mid twenties. I just can't sort that one out in my head. If that is what he sees, he is mentioning USA in the article so he can dump as much of his position as possible, and who really knows why he is mentioning USA