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Thread: S&P Prediction
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Old 07-14-2016, 10:03 PM   #6
highnote
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Join Date: Feb 2002
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Quote:
Originally Posted by lamboguy
i like the prediction, but it will probably kill gold if that happens. i don't like the way silver has traded on this run up to over $20. the prediction is probably spot on or very close because of the interest rates throughout the world. negative interest rates are alive and well now.
Not sure about how it will affect gold. There is going to be a lot of inflation in the world. So I think gold and silver will still be valuable. I own Hecla Mining. Bought it at $1.50 somewhere around December. It is over $6 now.

I think it still has a lot of room to go up. I don't follow other gold and silver mining stocks, though. I've followed this one since I was kid back in the '70s.
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