Gold and silver surged to a record high fueled by inflation and euro zone sovereign debt woes. Gold is hovering around peak levels- exceeding the 14-hundred-dollar-per-ounce mark. Silver is also maintaining its gains, having risen to a 30 year peak. Analysts say the demand for precious metals could continue to climb - amid low interest rates, the European sovereign-debt crisis, and jitters over the global economic slowdown. RT discusses the issue with Manoj Ladwa, Senior trader at E-T-X Capital, who is in London.
Tuesday, November 9, 2010
Stocks vs Gold : Where to Invest ?
Stifel Nicolaus Market Strategist Joe Battipaglia and Euro Pacific Capital Senior Economist Michael Pento on the debate over gold versus stocks.
Robert Kiyosaki : All Silver Stockpiles Are Being Depleted
According to Robert Kiyosaki, a crisis is looming over America and the world. Supplies of silver are quickly disappearing as the worldwide market demand continues to grow. New high-tech uses for silver and the demand outpacing the annual production every year since 1990 is causing the depletion of silver's above-ground stockpiles.
Once the largest stockpile of silver in the world, the US government dumped multiple billions of ounces of silver over the years into the world market thereby depressing silver prices. With no stockpile, the US is now purchasing silver at current rates
Wouldn't it be AMAZING if you had a garage full of gold and silver assets? Here's your opportunity to partner up with Chris Smith in an opportunity of a lifetime.
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