With gold commanding $1420 and silver selling for $30.85 an ounce at year's end, one wonder's where they'll be at the end of 2011. I guess it depends upon the actions of our government. Will our leaders suddenly decide to become fiscally responsible and reduce the size and scope of government so we can live within our means and with a balanced budget? I don't think so. A friend of mine once suggested that "Well, gold might go to $2,000 an ounce, but gasoline will be $10 a gallon and a loaf of bread will be $10 as well." Precious metals investing isn't necessarily going to make anyone rich, but it's the best way I know to protect what wealth we have now from the impending cloud of inflation that has appeared on the horizon. It's no longer looming, it's here.
I highly recommend you follow Jim Sinclair on his excellent website, http://www.jsmineset.com/
Also I hope you will come by again and see what insights I've gleaned about the dollar dilema and it's relationship to gold and silver.
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