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Sunday, December 26, 2010
Mike Maloney says Silver at $100 /oz is a no brainer on CNBC 4-2010
Well Mike's prediction of $30 silver came true faster than he predicted! It's about to break through right now! Buy Gold & Silver , The shortage is calculated by the amount that is currently being "produced" and the amount being consumed. The consumption outways the consumption. As far as increasing production, if you find any silver deposits that are not being mined right now, make sure you tell me first.
Mike Maloney makes it all so simple and clear. The book is great!
Ted Butler also trust silver. Surely gold and silver (and copper too ) are better than paper- money.Silver is used in new technologies. Solar Panels.
Just wish I had a big pile of money that I could put into silver - and maybe gold. I have made a start and trust Mike's advice to put anything spare into gold and silver because whatever happens over the next decade these will be the investments to have.
Mike Maloney makes it all so simple and clear. The book is great!
Ted Butler also trust silver. Surely gold and silver (and copper too ) are better than paper- money.Silver is used in new technologies. Solar Panels.
Just wish I had a big pile of money that I could put into silver - and maybe gold. I have made a start and trust Mike's advice to put anything spare into gold and silver because whatever happens over the next decade these will be the investments to have.
Labels:
Mike Maloney
Mike Maloney - Bernanke Dumber Than Gold - Get Out Of Stocks
Dead Cat Bounce - Bernanke Dumber Than Gold - Get Out Of Stocks - Mike Maloney
Great presentation. If you haven't read the book, I highly recommend it. Factual history of money which made me realize the Government is not our friend.Silver is the best bet in my opinion,it's relatively cheap to buy and ounce or two each week,instead of putting your money in the bank.
It has the potential to go to $500 dollars an ounce,but if it does,the world will be in mess.Probably WW3!!
Labels:
Mike Maloney
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