Monday, January 17, 2011

The precious metals paper ponzi will collapse suddenly and with little warning

THE RULING CLASS VS LIBERTY

The precious metals paper ponzi will collapse suddenly and with little warning.

Jim Rogers : Silver is still 40% below its all-time high

Jim Rogers :"...Well, as a generalization, yes. I would rather own agriculture and so other commodities in 2011, but silver may outperform a lot of things. Silver is a metal and it is still depressed. Silver is still 40% below its all-time high. So silver has not been any sort of great bubble compared to perhaps some other assets we know. I, as a class between agriculture, energy and metals, had rather own agriculture and by the way of the precious metals, I would rather own silver than gold. ...."
via www.economictimes.indiatimes.com

Gold ETF Sees Investors Holding Gold

NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says the lack of outflows from their physically backed gold ETF illustrate that investors think gold prices will head higher.The fundamentals of Gold are still intact .....

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