"At some point, I think silver disconnects from gold and implodes, while gold sits there watching the action with a smile. I think it happens at prices far above $50 an ounce, but I think it happens."

I thought about it too, when I read it yesterday. He may be right, but then we may already be in 2015-16. If we were to go back to the gold standard, the price of gold may remain high, but investment demand for silver may disappear at that point in time and that may cause the price of silver implode. Unless there will be a gold+silver standard, ofcourse. In that case Central Bank reserves in silver will be required.

Stewart Thompson is a bit of a macho type, a bluff. He likes to shout, shock and, above all, praise himself. He also likes to forget his own timing mistakes on commodities like unleaded gass. He also advised to be in goldstocks via GDX and GDXJ several times, but now at once he starts to emphasize what we all know in hindsight. That it is a volatile investment and that the metal has outperformed the miners.