Investment Guru Jim Rogers told Indian magazine The Economic Times of India that the gold and silver prices will readjust. Now is the time to buy up silver and gold, if you can get it.
Jim Rogers : “I doubt if it ( Gold Price ) will go to $2000 an ounce in 2011, it is more likely to have a correction which will last for several weeks, several months. It has been very strong. If it goes down some more, I would buy more gold as I have told you many times.”
“Not yet, but if silver continues to go down as we have discussed before, I will buy more silver too. Do not sell your silver, do not sell your gold unless you are a short-term trader, but anybody who is in this for a long term, silver and gold will both go much higher over the next few years.”
“It is panic, it is fear. When fear permeates a market, everybody sells, especially the last ones in, frequently have to jump out. They have raised margin requirements for both silver and gold. So that makes it more and more difficult for people to hold on.” - in ET Now
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Saturday, October 1, 2011
Friday, September 30, 2011
Bob Chapman on The Alex Jones 30 Sept 2011
Bob Chapman : the US FED is the driven Force for liquidity for the European bailout , just as we found out about the 16 trillion that they secretly lent , we are going to find out some time in the future that they lent out 6 trillion dollars and that's where the money came from to be lent to Greece , that will create more inflation
Bob Chapman - Discount Gold & Silver Trading - 30 Sept 2011
Bob Chapman : what they are trying to do is to allow silver to try to pull gold down , silver market is easier to influence ,
buy your gold and silver now there are shortages developing worldwide especially regarding physical silver ....
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