Friday, June 24, 2011

Gold & Silver Selloff continues

Gold & Silver Selloff continues from Thursday . David Morgan the Silver Guru gives his take on How to Trade the continuing Selloff in Gold and Silver , a lot of it has to do with this Ben Bernanke's QE2 approaching the end says David , the $1500 in Gold is psychological level we will see what happens from there the psychological level for silver is 33 dollars and change , David Morgan says that his position is as always short silver long Gold


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)

John Stadtmiller June 21 2011 Roundtable-Noel, Bennett but no Bob Chapman !!!

John Stadtmiller June 21 2011 Roundtable-Noel, Bennett-Commercial Free. Weekly honest open discussion round-table about the behind the scenes happenings in the financial world. Some say this is the best two hours in radio. Robby Noel and Jeff Bennett, no Bob Chapman.

Mining Shares vs Gold Prices

Mining Shares Versus Gold Prices the reasons for the relative underperformance of shares in gold and silver mining companies versus the performance of the metals Costs for miners have risen substantially in recent years due to rising prices and environmental regulations widening the gap between mining share prices and the price of gold, Charlie Morris, head of absolute return at HSBC Global Asset Management told CNBC Friday, the tremendous potential in mining stocks and how these have been suppressed too, despite rising gold prices. Given their tiny market capitalization he expects that when the rush comes, they will rise in value very rapidly and outshine even the dotcom bubble.



I think you can actually get the shares in paper form sent to you so it's not just an entitlement that can be claimed by a broker or something which you paid for but are not owning. I guess you need to think about lawyers & potential for a grab in a collapse. I assume this: #1 dishonest people will take opportunities #2 lawyers will survive the collapse (I know, but it's true, look at history, they're like cockroaches)
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)
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