Eric Sprott : the real story now is silver

In an interview with the Canadian newspaper The Glob and Mail Eric Sprott Chairman, CEO & Portfolio Manager of Sprott Asset Management said that he believed that Silver is the real story now and it will out perform Gold : "I think gold is the reserve currency today. There is not a currency in the world that it hasn't appreciated against by at least 300 per cent. And it has beaten every stock market. You can't even rent a safety deposit box in Germany because they are all full of gold and silver ... I am pretty convinced that gold will go a lot higher because it is under-owned as only 1 per cent of people's money is in it. It could go to $2,000 an ounce. I could imagine it at $5,000. I am not giving a time frame on that, but I could certainly see that happening. But the real story now is silver. Gold has traded at a ratio of 16-to-1 to silver in terms of price, but today it trades in the range of 50 to 1. I think the gold-to-silver ratio is going to go back to 16 to 1 given the passage of time, say three to five years. And I bet you that silver overshoots. The gold-to-silver ratio may even get down to 10 to 1. I believe that the price of silver has been suppressed."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Donald Trump vs China

Donald Trump : when I see what OPEC is doing to us , when I see what China is doing , I give you a little china story also , china I said the other day , very very hard to buy anything outside of China , I said what would you do what can you do ? so easy , I drop a 25 percent tax on China !

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Bob Chapman Gold and Silver are the safest place to be

Bob Chapman - Discount Gold Silver Trading - 04-29-2011

Bob Chapman : everybody in the world should go out and buy at least an ounce of silver let's help Max Keiser's campaign of 'Buy Silver Crash JP Morgan ' ...Gold and Silver are the safest place to be not the real estate or the stock market says Bob Chapman of the International forecaster

Bob Chapman The Gold Shares are going to go ballistic

Bob Chapman on The Sovereign Economist 27 Apr 2011

Bob Chapman : silver approaching its former high of $50 and they knocked it down , there is no resistance at $50 , we are looking at $55 , $60 silver in the short term says Bob Chapman of The International Forecaster to The Sovereign Economist http://sovereign-economist.com JPM and HSBC are screwed they got to default and when they will default the prices of silver will go even higher ...Official inflation in Silver is $136 /oz based on 1980 , and Gold $2400 but in real inflation figures , silver is at $375/oz and Gold is almost $8000 and that's where they're going , anybody who is no long is an absolute Jerk...and deserves to lose his money...The Gold Shares are going to go ballistic they are way way undervalued , Agnico Eagle is an example says Bob Chapman ...

John Rubino : Physical Gold and Silver are the only real money left out there

John Rubino : we have a world that is awash with liquidity right now and that money is chasing the assets that are already moving so now they are flowing into commodities because that what was going up the most , hot money chases growth and gold and silver are prime beneficiaries of this there are the only real money left out there everything else is paper and people start to figure out we are destroying the paper currencies of the world so they are snapping up physical gold and silver at unprecedented rates and so you seen both of these metals at record levels right now , I would expect a correction at some point says John Rubino

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

There is No resistance at $50 , go long stay long

Silver hits $49.18 today , the bull market is set to continue as the fundamentals are rock solid , $100 silver is a no brainer as says Mike Maloney , there is no resistance at $50 , there might be some corrections here and there which are good opportunities to buy more physical silver and continue hording ...go long stay long you will be glad you did the silver market is set to explode in the coming years

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver climbing over 30% and will continue

Gold and Silver Will Stay Positive the fundamentals are good we will see new all time highs in both gold and silver says Analyst Torsten Dennin whether the FED decides to raise interest rates or not ..."We are still positive, looking at year-to-date performance on the precious metals side," Torsten Dennin, commodity fund manager at Altira Group He added that the outlook for precious metals will stay positive even if Bernanke decids to raise interest rates .

Weak dollar pushing gold and silver higher

Momentum Is Still With Silver and Gold , silver hits an all time high in 31 years at $39.50 , gold hits a new record at $1537 , the bull market is set to continue all the fundamentals look good .... Jonathan Barratt, managing director of Commodity Broking Services says silver prices could pull back after hitting $50 level.