Subject: Re: What's on your shopping list if the slide con
I am thinking silver (SLV).
1. Gold has been going up
2. Gold/silver ratio at 100. Historically this predicts higher returns for silver
3. Silver has some industrial use unlike gold
4. Silver is not mined solely.. it’s usually a bi-products of other mines, and mines are capital intensive.
Con:
1.More and more Silver is recycled
2.Jewelry uses of silver, mainly from india, can decrease
3.people are find alternative materials to replace silver for industrial use