Friday, February 18, 2011

The Commodities Markets and the implications of the middle East unrest

Feb. 17 2011 | CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including conflicting reports about Iranian warships traveling through the Suez Canal and the military seizing the capital in Bahrain.

Silver Price $32.88, Demand Rising, Indian Silver ETFs, Buy Silver

Silver price had a high of $32.88 so far today. Silver bullion is still in great demand. Some Indian Banks are trying to launch a silver ETF due to the large success they had with the gold funds. The indians are still turning to silver bullion and silver jewelry as a more affordable alternative to buying gold.

The Indians favor silver and gold for their savings and investment. Buy silver.

Dollar is down today, and a currency crisis is still in our future. Dollar collapse would cause a full economic collapse in America. A flight to precious metals is taking place and will accelerate as more countries dump the dollar.

The Gold Trade : Gold moving Higher

Feb. 17 2011 | The gold rally is just getting started, according to Brian Stutland of Stutland Equities.

DAILY NEWS ON BOOZE