The Black Cloud Theory
30 January, 2004

The Gold Bull is alive and well. The sky is the limit as Gold continues its ascent to reclaim the monetary throne. Silver is also on the move and if my projections hold true, then the POS will likely outperform the POG by at least 2 to 1. Also, the past leverage of Silver stocks suggests they’re likely to at least double the price action of the POS giving them a ~4 to 1 edge relative to the POG. Those estimates are based on a stable market environment where demand can be met with adequate supply and will likely prove to be very conservative if we enter a manic “squeeze” phase. They’re a linear oversimplification of a non-linear relationship. Regardless, suffice it to say that Gold’s crown will be made of Silver! Full Story
By: David Chuhran