Friday, August 19, 2011

David Tice : Silver has more potential than Gold

David Tice : "Well, I think people should own gold and silver bullion. I am a shareholder of GoldMoney.com. I'm also a big customer of GoldMoney.com. I think that's a great place to hold your bullion. I also own a number of junior gold mining companies. I've typically not owned the seniors, but I'm now starting to invest in seniors. I'd say probably a third. I'm more invested in silver today than gold. I'm a believer in what Eric Sprott talks about, as far as silver having even more extraordinary potential than gold does. I'd say it's kind of an individual preference, as far as how much bullion versus how much metals equities, but a nice blend would be appropriate."


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

David Tice : I am more invested in silver today than gold

David Tice (http://prudentbear.com) and James Turk, Director of the GoldMoney Foundation, talk about the 1999 credit bubble symposium, and the outlook for Gold.
David Tice : "Well, I think people should own gold and silver bullion. I am a shareholder of GoldMoney.com. I'm also a big customer of GoldMoney.com. I think that's a great place to hold your bullion. I also own a number of junior gold mining companies. I've typically not owned the seniors, but I'm now starting to invest in seniors. I'd say probably a third. I'm more invested in silver today than gold. I'm a believer in what Eric Sprott talks about, as far as silver having even more extraordinary potential than gold does. I'd say it's kind of an individual preference, as far as how much bullion versus how much metals equities, but a nice blend would be appropriate."







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)

Gold on fire as stock markets crash worldwide

Gold Hits Record High as Global Economic Uncertainty Continues .For investors in this economic climate, it seems that all that glitters is gold. The price of gold hit a record high on Friday, as investors are seeking safer assets amid deepening concerns over slowing economic growth and the outlook for euro zone banks. Gold spot was up 2-and-a-half percent at 1,868 dollars 70 cents an ounce after peaking at 1,877 an ounce.It is being called a modern day gold rush, and is fueled by the dismal performance of the stock markets across Asia pacific Europe and North America . The US Dollar is dead, the body just hasn’t hit the floor yet.You still have some time to save your wealth by exchanging your worthless paper for gold and 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)
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