Bob Chapman - The Sovereign Economist 25 May 2011

Bob Chapman : ..it looks like silver is reassuming its leading position it is moving up slowly , the CME owns the COMEX there is really no over hang on the way despite the CME margin increases ....it is a rigged market a crime Incorporated

Gold and Silver Rally Trade

Scott Redler, chief strategic officer for T3Live.com, says to trade gold and silver Friday and wait to go long.:'we're not exactly sure if and this bounce is gonna take just -- new highs or was this just healthy balance of -- for the short term. This is probably a spot to lighten up a little bit. It's I -- well you would be -- a week and next. Well you know market -- and I forget about when Rangers are tight before remove and how cold does have a four -- move. So if you look at them -- gold it might be hired among -- from now but I think you can get a better entry than chasing it on the fourth update. Typically silver -- just had a nice to reading move from what 35 to 37 -- so. I know it's not where was a 4049. And trying to get the forty to 41 yes but I just elect a better entry in today I believe is not the data and there silver Oracle (ORCL) but they stay here for awhile next week and prove that is demanding commitment to this balance. Then we'll get another entry and that could prove to be the entry for a move back to those how much -- as well. I don't think we get the multiple they're out of it to see you absorb this multiple -- and decide gold go from what 1470. -- around 1530."

Gold to hit $1750 and Silver $50 - $60 in the Short Term says Juerg Kiener

Gold to Hit $1750 in the Short Term says Juerg Kiener and multiple thousands in the medium term 1215 and 1216 , by that time silver would be worth around $500 an ounce he added : Lack of trust in governments in the western world is moving more and more people into physical ownership of gold Juerg Kiener, managing director and chief investment office at Swiss Asia Capital told CNBC. He added gold would hit $1750 an ounce in the short term with silver hitting $60 an ounce and that gold could hit multiple thousands of dollars by 2016 with silver above $100.





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)