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Tuesday, October 4, 2011
Bob Chapman : HSBC & JPM were able o cover some of their silver shorts
Bob Chapman Radio Liberty Hour2 - 03 Oct 2011
Bob Chapman : why people would flock to US treasuries is beyond me they are the best of the worst , the prices of gold and silver are going right back up again where they were before , why would not people buy gold and silver related assets , they just allowed HSBC & JPM were able o cover some of their silver shortsGold Could Hit $2,000 or higher by the end of the year says Angus Geddes
Gold can get to $2000 by the end of the year it depends on what actually comes out of Europe and what type of solutions they managed to cover together says Angus Geddes, CEO of Fat Prophets, thinks that gold can hit $2,000, or even higher, depending on what the resolution in the euro zone will be.if it is a debt monetizations and Europe starts plugging holes within the banking sector and sovereign debt holes then we could see Gold go higher he added
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