Tuesday, August 16, 2011

Silver Prices to Catch Up to Gold?

If Gold is able to trade at $1800 dollars and stay there for some time , silver might become that safe heaven again for fear that people do not want to get into gold at these high levels but still want get a safe protection against all these debt issues that we are having here and abroad , so that 40 dollars area is going to be a pinnacle again , buy it above , stay short below it ....that 42 area that we reached a couple of weeks ago is going to be our next platform to get over ....the $1800 gold will give silver that confidence it needs to trade above and stay above the $40 dollars mark



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 the ultimate Currency

Gold is money, Silver is more! Paper currency is TEMPORARY but GOLD is FOREVER.The same people that are saying that gold is expensive at $1700 are the same people that were saying that gold was expensive at $400 , these people focus on price and not on value they focus on gold as a commodity a speculative play or bet instead of looking at gold as a Currency , The ultimate Currency . They do not understand gold's value as insurance against the loss of purchasing power and the devaluation of paper currencies worldwide . The Banksters understand this ....the dollars is a fiat currency with no intrinsic value ...



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Richard Nixon did the single most injustice to the United States of America. With the stroke of a pen by Nixon on August 25, 1971 has lead up down a path of ruination. 99% of America do not know that the end of the dollar is near. We must prepare ourselves for that inevitable day that the is gone. What is the time line for that day? No one really knows. Prepare now.

Gold to $5000/oz - Louise Yamada

Making a technical case for gold to reach $5000, with Louise Yamada, Louise Yamada Technical Research Advisors. " It have taken almost two years and we are almost at $2000 which is very intriguing and the price of gold continues in a structural bull market and actually it is outperforming almost all the equity indexes we had a very steady progression from the break out of 2009 , 20 percent advance little consolidation , 20 percent advance little consolidation three times and now again "" if we continue on this current trajectory we could see gold at $5200 by 2018 "

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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