Wednesday, August 10, 2011

David Morgan : Gold Stocks are not Gold they are Stocks

David Morgan : Gold Stocks are stocks they are not gold , If you have weakness in the general equity market gold stocks generally will follow the equities itself and that what happened , once we bottomed and even before we bottom does not have to be a general equity bottom it could be so more along the line people say I want to buy Gold , a lot of people when they come late into this market buy gold stocks thinking it is Gold , in a way they are buying a derivative of Gold




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)

David Morgan : The demand for Silver is infinite

David Morgan : the monetary demand could move on and replace a possibly declining industrial demand for silver says David Morgan , we could see a possible correction from the actual levels to say $36 he added , the silver ultimate monetary aspects will come to the fore , we are moving into an age of things that we need not things that we want , the demand for silver is infinite , the markets are saying we are in trouble , the precious metals is the only place that cannot default it is the only monetary system that it is outside this whole matrix , it is the last mean of payment , no counter-party risk with gold and silver everything else in the financial world has a counter-party risk , more and more money will be seeking that mean of payment , gold stocks are stocks they are not gold if you have weakness in the general equity market gold stocks generally will follow the equities themselves and that what happens

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Gold is not going up , it is the dollar going Down

Kirsty Hogg interviewed by Kerry Lutz (Aug 08 2011 ) on the outlook for Gold and the global economy Kirsty Hogg : I benefited so much by turning off the TV and not listening to the financial advises broadcasted by main stream media , there is a decline of America and the western world because we left the gold standard , we have to allow the too big to fail to fail....


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)
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