Dec. 7 2010 | "The euro without political union is a very flawed concept," Michael Preiss, chief investment strategist at Standard Chartered Bank, told CNBC Tuesday. "Things most probably will get much worse before they get better."
Tuesday, December 7, 2010
Oil: closes at $ 88.71
NEW YORK, Dec. 7 - Closing down for oil in New York, where prices loses 0.8% to $ 88.71 a barrel.
The 1980 record silver price - Lessons we can learn from it
In this video, silver guru David Morgan of Silver-Investor.com explains how to optimise your silver trades, especially when silver prices reach record highs.
Do the Math....present day 1/4 the amount of physical Silver today as there was in 1980......and..... 10 times more investors (Globally) today than there were legally allowed to participate in the market in 1980. Hmmm....this has the makings of literally an unbelievable amount VALUE for Silver unlike anything we have seen before.It may even get back to a 15 to 1 ratio with gold instead of the present 45-50 to 1 ratio. Silver is the Poor man's gold that can and will do a better job of appreciating!
Do the Math....present day 1/4 the amount of physical Silver today as there was in 1980......and..... 10 times more investors (Globally) today than there were legally allowed to participate in the market in 1980. Hmmm....this has the makings of literally an unbelievable amount VALUE for Silver unlike anything we have seen before.It may even get back to a 15 to 1 ratio with gold instead of the present 45-50 to 1 ratio. Silver is the Poor man's gold that can and will do a better job of appreciating!
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