Saturday, July 21, 2012
Bob Chapman : I do Not Buy Stocks
Bob Chapman : While I do recommend a few gold stocks, I do not buy stocks. I have no accounts. My family has no accounts. Period. I buy bullion and coins and I do it frequently. I'm a big believer in both. I do not recommend exchange-traded funds (ETFs) because I do not believe they have gold and silver in the amounts close to 100% of what they're supposed to be holding. Neither do any of the hedge fund managers because most of them are not getting involved in that area. I think it's going to end up being a scandal. - in the aureport
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This comment by Bob has been taken out of context. He always recommended good gold and silver mining stocks. The reason he didnt buy for himself is that he needed to be transparent with his recommendations.
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