Any thoughts on which camp you think has greater force on the price direction? Industrial?
Precious metal when the economy is fearful.
What I currently fear the most in the short term is Bank of America.
In the intermediate to long term it is America.
In the long term it seems to me that silver will be the small denomination of consumer transactions. At the same time its industrial use will be very curtailed.
I pick silver as a good long term buy, ignoring what the Sunday night spot quotes might indicate.