Kontent News

My take on the commodity supercycle zeitgeist...and the rise of the precious metals, uranium and alternate energy. Get ready for peak everything, the repricing of the planet and "black swans" all over the place..

Tuesday, April 18, 2006

Gold and Oil Stocks: SILVER VS GOLD STOCKS AND LONG TERM TARGETS

Gold and Oil Stocks: SILVER VS GOLD STOCKS AND LONG TERM TARGETS: "Silver had a low of $1.50 in 1973 and a high of $40 in 1980. Projecting forwards, Silver has a price target of $675 (40+(40*((40-1.5)/1.5)*0.618)+1). YIKES BATMAN! That’s a 6,600% increase from current prices.

Gold had a low of $35 (1971) and a high of $850 (1980). Projecting forward, Gold has a price target of $13,000 (850+(850*((850-35)/35)*0.618)+1). That’s a 1,400% increase from current prices."

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