The silver prices have reached 30 year highs at $32.87 per ounce and gold-silver ratio is now down to below 43. The ratio could further decline to 16 within the next few years, according to National Inflation Association (NIA). It stated that investors should not be surprised to see gold reach $5,000 per ounce in 2015 and silver reach $500 per ounce at the same time. Silver has already climbed 89% since NIA declared silver the best investment for the next decade on December 11th of 2009 at $17.40 per ounce!, it stated in a press release. NIA predicted a sharp decline in the gold/silver ratio both in its top 10 predictions for 2010 at 64 and in its top 10 predictions for 2011 at 46. "We believe the gold/silver ratio will decline to at least 16 within the next few years, but it could decline to as low as 10. On July 28th in NIA's article entitled, "Gold and Silver Capitulation is Near", in which we perfectly timed the bottom in the gold and silver market, we wrote: "Almost nobody realizes that when the Hunt brothers tried to corner the silver market, they intended to profit not from their silver position itself, but from the actual production of silver from a mine they were getting ready to open. If their plan succeeded, the Hunt brothers would have likely become the richest family in the history of America. NIA knows what mine the Hunt brothers were secretly getting ready to open. Believe it or not, the infrastructure that the Hunt brothers put into place is still just sitting there today untouched. We have uncovered a once in a lifetime opportunity to potentially profit from the efforts of the Hunt brothers." Later that day NIA announced CZN as our Hunt brothers silver play and called it a "once in a lifetime opportunity to prosper during the upcoming hyper inflationary crisis". After initially rising 111% to a high of $0.78 in just 47 trading days, CZN dipped 28% to a low of $0.56 and has since surged another 113% to a high of $1.19 for a total gain of 222% from NIA's suggestion price of $0.37 in a little over six months!, NIA said in the release. NIA's third to latest stock suggestion Canadian Zinc (TSX: CZN) gained 15% the other day and reached a new 52-week high of $1.19 for a gain of 222% since we suggested it to you on July 28th at $0.37. Source; Commodity Online http://www.commmodityonline.com
