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Monday, July 24, 2006

I Stand by My Prediction of 21 June 2006 Regarding the Impending Gold To Silver Ratio Flip

What About That Gold To Silver Ratio Flip Prediction?



Gold / Silver Ratio on 24 July 2006 = 56.59

Gold spot price per ounce = $612.90
Silver spot price per ounce = $10.83

According to my sources there appear to be a small number of very powerful traders who are selling short huge amounts of silver.

These traders (could be a single entity) are selling short naked insofar as they do not have the silver to back their positions.

Eventually, like a toddler playing with fire, the market manipulators will get burnt.

And when that happens, and if the injury is severe enough... the market manipulation will cease and the free market prices for silver will go stratospheric...

That is my prediction of 21 June 2006 and I hold to it as of this date: 24 July 2006.

See you on the moon, baby...

Oh, and don't forget to gas up that rocket ship if you want to keep up with the rising silver prices that are to come.

Tags: silver silverprices prediction Ag gerardleblond leblond gold Au freemarket freemarkets marketmanipulation