Bob Chapman on The Sovereign Economist 27 Apr 2011

Bob Chapman : silver approaching its former high of $50 and they knocked it down , there is no resistance at $50 , we are looking at $55 , $60 silver in the short term says Bob Chapman of The International Forecaster to The Sovereign Economist http://sovereign-economist.com JPM and HSBC are screwed they got to default and when they will default the prices of silver will go even higher ...Official inflation in Silver is $136 /oz based on 1980 , and Gold $2400 but in real inflation figures , silver is at $375/oz and Gold is almost $8000 and that's where they're going , anybody who is no long is an absolute Jerk...and deserves to lose his money...The Gold Shares are going to go ballistic they are way way undervalued , Agnico Eagle is an example says Bob Chapman ...

John Rubino : Physical Gold and Silver are the only real money left out there

John Rubino : we have a world that is awash with liquidity right now and that money is chasing the assets that are already moving so now they are flowing into commodities because that what was going up the most , hot money chases growth and gold and silver are prime beneficiaries of this there are the only real money left out there everything else is paper and people start to figure out we are destroying the paper currencies of the world so they are snapping up physical gold and silver at unprecedented rates and so you seen both of these metals at record levels right now , I would expect a correction at some point says John Rubino

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)

There is No resistance at $50 , go long stay long

Silver hits $49.18 today , the bull market is set to continue as the fundamentals are rock solid , $100 silver is a no brainer as says Mike Maloney , there is no resistance at $50 , there might be some corrections here and there which are good opportunities to buy more physical silver and continue hording ...go long stay long you will be glad you did the silver market is set to explode in the coming years

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)