Quote

Silver Stock Report "I see gold and silver continuing to rocket up in 2008. I don't want to project prices, because the situation is an ongoing firecracker that could fathomably send gold north of $1500 and silver north of $30." (1/27/08)

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TitleUp and Up
Quote"I see gold and silver continuing to rocket up in 2008. I don't want to project prices, because the situation is an ongoing firecracker that could fathomably send gold north of $1500 and silver north of $30. No one knows, but prices are going up.

Thus at some point, the producing gold and silver miners will start to spend their excess cash flow hoards to acquire near-term gold and silver producers that are extremely undervalued. I think they will buying these for cheap and fast expansion of their production. This will re-ignite the speculation into precious metal juniors. Mainstream investors of major gold producers will take note that their company just bought a junior that they could have bought prior, and greed will return to the precious metals junior market." (1/27/08)