Gold at New Record High , Silver at 31 years Record High

New record for gold, which breaks through the ceiling of $ 1,478 an ounce. Concerns about the debt crisis, inflation and the fluctuation of the greenback are pushing the precious metals to new highs Gold touched 1.478.00 in New York. New rally for silver, which exceed forty two dollars per ounce, reaching its highest level since February 1980.the Silver market is literally on fire as it has gained almost $8 an ounce in less than a month !

Bob Chapman : Silver will Go to $100/oz

Bob Chapman : in the last few days we have seen the US government in the market and they have done everything possible to knock prices down which is not unusual within a corporate fascist governmental culture and that's what we have in America , says bob Chapman the International forecaster and people who do not believe that they are missing the whole point it won't last but for few days may be weeks and the next step it is going to go higher if for no other reason this giant naked short position being held by JP Morgan Chase and HSBC ....

Peter Schiff ultra Bullish on Silver

Peter Schiff : “Silver Will Rise On Rising Inflation” "Silver has the best of both Worlds" says Peter Schiff who has always been spot on. bye silver now!! its going to explode to at least 100. bye it don't wait for hyperinflation!! I think he's right about the use of credit cards. If this is correct, the next wave is coming quickly.

Peter Schiff : I have been riding this bull (Silver Bull) since 1999/2000 ...Silver is kind of the best of both Worlds because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop , look at the news you got today , you got higher than expected inflation coming out of Europe , you got the CEO of Walmart basically warning Americans to brace themselves for serious inflation he is looking for cross the board broad based increases starting in June

Peter Schiff President & Chief Global StrategistPeter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four bestselling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes".