Tuesday, July 5, 2011

Mike Maloney : The currency you are using is not Money

Mike Maloney : How much Gold and Silver are selling for measured in Dollars means absolutely nothing you can't count on that , there is no price target , there is a purchasing power target and you have to be measuring gold in terms of real estate oil shares of stocks...this is going to be the greatest wealth transfer in the history of mankind , it is also the greatest opportunity in the history of mankind ....




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)

The Chinese Silver Panda Coin

China Silver Panda Bullion Coins , if you are going to buy Chinese Pandas you should at least know what you are doing cause the Chinese Pandas are heavily counterfeited .Another purchase of silver from a Chinese precious metals dealer. These are some of the nicest quality silver coins out there and the premiums reflect that fact. Over time Chinese Panda coins increase in value very nicely, since there are not nearly as many minted vs. U.S. Silver Eagles. The key is to keep buying a little at a time to add to your investment. Why put your money in a bank? You get no return on investment and you help bankers be more irresponsible with your wealth. Remember, it's not so important how much you paid for your silver in spot price.... It's how many ounces you have when the game finally ends.....
Chinese and Australian silver is expensive American eagles are cheaper

Phil Streible, Gold To Shine In Second Half

silver under-perform gold substantially in the second quarter
we should see gold prices at $1650 over the next second half of the year says Phil Streible,




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)
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