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Thursday, December 23, 2010
Peter Schiff : Gold & Silver rally
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the
economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. A popular debate where he outlines every step th e downturn would take is available on YouTube.
Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
Labels:
Gold and Silver rally,
Peter Schiff
Take Your Gold: New ATM spits out 24-carat bars, coins
A new ATM at an upscale mall in Florida dispenses shiny 24-carat gold bars and coins. Thomas Geissler, inventor of the Gold To Go machines, says the majority of buyers will be walk-ups enamored by the novelty. But he says they're also convenient for more serious investors looking to bypass the hassle of buying gold at pawn shops and over the Internet.
Amazing how silver is holding at just about $29 as of today 12/18/10. Buy silver, gold, palladium, seeds, a years worth of storable food, and some water filters. Gold has no ceiling at this point. Watch Money Masters too - The vital financial info they don't tell you about in the 12 years you are learning how to be a slave. 3 Trillion spent in the last year with trillions more in 2011. Time is running out to learn. Seeds are useless in the winter but Silver/Gold will buy food when needed.
We're in a debt/inflation bubble. 3 Trillion in one year. Wait till the states need bailout money. QE3 / QE4... Unfunded obligations etc... If I saw one of these in the various Walmarts around where I live then I'd rethink my holdings. This is just the beginning. There is no ceiling right now just profit taking. I would buy on this latest dip if I had some extra cash. Silver is the key indicator here... There is hardly any weakness... I was hoping it would fall a bit more.
Amazing how silver is holding at just about $29 as of today 12/18/10. Buy silver, gold, palladium, seeds, a years worth of storable food, and some water filters. Gold has no ceiling at this point. Watch Money Masters too - The vital financial info they don't tell you about in the 12 years you are learning how to be a slave. 3 Trillion spent in the last year with trillions more in 2011. Time is running out to learn. Seeds are useless in the winter but Silver/Gold will buy food when needed.
We're in a debt/inflation bubble. 3 Trillion in one year. Wait till the states need bailout money. QE3 / QE4... Unfunded obligations etc... If I saw one of these in the various Walmarts around where I live then I'd rethink my holdings. This is just the beginning. There is no ceiling right now just profit taking. I would buy on this latest dip if I had some extra cash. Silver is the key indicator here... There is hardly any weakness... I was hoping it would fall a bit more.
Money and Markets - Precious Metals,
Money and Markets TV examines precious metals. Gold continues to set new records. Silver is at its highest level in 30 years. And palladium has outperformed them both this year. Will the bull run continue? And how can investors take advantage of it?
Labels:
Money and Markets,
Precious Metals
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