[Quix]

I’ve read prophecies that silver will go to $600/ounce.

What’s your take on the situation currently?

[BenKenobi]

Eh, my take?

I’m long on both the dollar and commodities. I think the dollar will rise over every other currency, and that commodities will rise more.

I’m one of the few who are bullish about the dollar, but that’s probably because I’m selling CDN and buying USD.

Short term, the dollar should rise, as the other currencies fall, but I expect long term, that the dollar will eventually drop. The Euro has shed a considerable amount of value, but I expect the Euro to fall all the way to 0.8 Euros to the USD.

Commodities, Gold, silver, and copper should all rise long term. I’m not buying any of these, as they are quite high right now. I’d rather buy stuff when it’s low.

Could silver spike like it did with the Hunt brothers? It could, but I’m not counting on it.