Sunday, August 14, 2011

Peter Schiff : Silver has the best of both worlds

Peter Schiff : silver is up nine consecutive years I have been riding this bull since 1999 - 2000 , silver is kind the best of both worlds because it is an industrial metal and it is 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 , silver prices are rising for the same reason that oil prices are rising agricultural commodities , paper money is just losing value , it is losing value because central banks are printing too much of it , that's not going to stop

Jim Rogers : people will take refuge in real assets and gold is one of them.

Jim Rogers : Well, I own gold and I see gold breaking new highs and racing up. I don't like to buy things when that is happening; when gold goes down I will buy more gold. Gold is going straight up, it will probably correct somewhere and I hope it will correct somewhere along the line and if it does I will buy more. Governments all over the world are debasing currency; Yesterday, the US Federal Reserve said it will continue to debase their currency. The more the governments will debase paper currency, people will take refuge in real assets and gold is one of them.






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)

Saturday, August 13, 2011

Lindsey Williams: Silver Heading To $100

Lindsey Williams predicts a Silver bull run. Lindsey Willams is spot on... dollar crash is heading at us full steam ahead. Many ppl will be fooled into selling their metals...like a step sell off in metals only to rebound the next month to all time highs. I really think we could see 19, 26 or 30 silver again, but it would be a flash crash to steal metals from ppl who think metals have reached their peak. The next month metals would be knocking

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
DAILY NEWS ON BOOZE