Gold and Silver mini Rally

Both Gold and Silver are rising in prices today while the dollar is going down , Trader Rog gives his outlook for the precious metals this summer and next fall as well as the gold stocks , Rog says that we may see an explosive rally in gold and silver prices by the end of the coming fall

Gold & Silver holding up better than other commodities

Gold and silver prices treading water on Monday , it seems gold and silver are holding up better than other commodities , Greece is asking for 12 Billion dollars which they are not getting from France and Germany so we probably will continue to see a meltdown in the Euro that should provide some strength to Gold and Silver , Gold and silver prices will probably continue to go up but at a slower rate because there is the strength in the dollar



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 : The Euro will be History

Bob Chapman Radio Liberty 20 June 2011

Bob Chapman : Germany is in the mood of breaking this post world war 2 tradition of blaming Germany for everything the game's over they are sick and tired of suffering , with that said Europe is going to be in a terrible mess and it is going to spread , the contagion will go to England and it will affect our market particularly the money market . The average money market have 42% of their yielding in paper in Europe , now if all these government go down what are they going to do , going negative ? on top of that the New York Money center banks they are on the hook for a 120 to 130 billion dollars just in little Greece can you imagine what the figures are in Spain and in Italy ? MEGA ! Bob Chapman estimates the numbers to between 4 to 6 trillion dollars , so they all going down and they will take the whole world financial system with them and the Euro will be History ...