The price of gold and silver will both hit new highs in 2014. The price of gold goes north of $2,000, and silver will quickly go over $50. When it does, it will get a little crazy. – Eric Sprott, Sprott Investment Management - SilverDoctors.com
Since the Federal Reserve was founded, the GSR has ranged from 15 to 100. The low-end of the range usually correlates with bull market tops in gold/silver and vice versa with the high-end.
Currently the GSR is 60, and I believe the recent movement in the GSR is signalling the possibility of a big move ahead for gold and an even bigger move for silver. [Read more...]