Above charts show the strong bull markets in both gold and silver and our medium term targets based on previous market actions. Silver has outperformed gold since the bull market started and each rally also showed stronger gains. We think that silver will continue to outperform gold.

In 1980, the gold/silver ratio fell to less than 20. Based on today’s gold price, the silver price would have to move towards $50.

Junior mining stocks offer outstanding capital gains opportunities in our mind. Click on the links below to find more about our two junior mining funds. The time to buy is now!

THE TIMELESS PRECIOUS METAL FUND

THE SIERRA MADRE GOLD & SILVER VENTURE CAPITAL FUND

Also visit www.pzim.ch.

The recommendations were valid at the time of writing, viz. at

and may no longer be valid at the time of reading.

Peter Zihlmann

www.pzim.com  

www.timeless-gold.com

Contact: invest@pzim.ch

Phone:   +41 44 268 51 10

Mobile:   +41 79 379 51 57

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Disclaimer:  P. ZIHLMANN INVESTMENT MANAGEMENT AG does not accept any liability for any loss or damage whatsoever, that may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in the trading recommendations or in any accompanying chart analyses, whether communicated by word, or message, typed or spoken by any of its employees.

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-- Posted Thursday, 13 March 2008 | Digg This Article