Gold price down, 3%

Gold down, 3% - the gold loses appeal in Asian markets, due to the recovery of the US dollar. The yellow metal for immediate delivery slips in Singapore, by 1, 3% to $ 1,525.45 an ounce.

Silver has still a long way to go

Silver has still a long way to go , this is a great opportunity to buy , I bought a week ago at $46 and I am buying now at $41 I trust experts like James Turk Mike Maloney and Bob Chapman , all agree that the price of silver will shoot up and up once it crosses that psychological barrier of $50 , how could silver be in a bubble when not even 1% of the population owns silver ??? I live in a huge north American mega city and the whole City has hardly 3 to 4 coin shops selling gold and silver to a population of around 6 millions when we count the suburbs most people have never heard of gold and silver coins so i wonder how come some dare to talk about a bubble when roughly 1 percent of the population only owns some kind of silver ?


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman : Canada has the best regulated market in the world

Bob Chapman - Radio Liberty - 05-02-2011

Bob Chapman : these kind of attacks on the silver market usually last 2 to 3 days and that's it so you can expect a turn in somewhere ...Canada has the best regulated market in the world they respond immediately (to complains) they do thorough legal investigations and they get to the bottom of things , United States forget about it ...