The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Sunday, August 7, 2011

Silver Takes The Lead; Gold Second

Gold briefly touched $1700 on the ASK at www.coininfo.com. Gold is about to pass up Platinum at this rate. Not sure if silver is going to maintain it's 42:1 ratio with gold. I would expect silver should take off here toward $50.00 at this rate with gold. Too soon to call with the dangerous market conditions lurking overnight and into the day tomorrow. This needs a week or two to shake out or just plain be destroyed. Enjoy the ride!