Bob Chapman : ...commercials mean banks and these are the characters that have been rigging the arket for years , they were very heavily short and what happened is they covered a good part of their shorts that means that either they stay out of the market or they go long , I do not think they are going to go long so they are to go short may be sometime in the future ...this means there is no overhang on the Gold and Silver, in the next while within 6 months probably much sooner gold and silver are going to go up a 100 to a 150 percent , that's for historical perspective and make notice of it says Bob Chapman of the International forecaster , I have been doing this for 52 years , I know everything that happens in the Gold and Silver market I was the largest gold and silver stock broker in the world and so I know what's gonna happen ....and there is going to be enormous amount of money made and so if you are thinking about buying gold and silver coins bullion or shares do it because you will never buy them any cheaper
Thursday, July 7, 2011
Bob Chapman : Gold going to $3000/oz and Silver $70/oz to $100/oz
Bob Chapman : Gold going to $3000/oz and Silver $70/oz to $100/oz
Bob Chapman : last Friday night Saturday I said that Silver and Gold have bottomed out at a support level and I said that I felt that was it and that on Monday Tuesday and Wednesday the market will be back up again and long and behold I was right , the significant part of hat happens was that it was a major naked short covering by HSBC JPM and others in both silver and gold but in particular in Silver , they knew the lawsuit was on the way ....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)
Bob Chapman : last Friday night Saturday I said that Silver and Gold have bottomed out at a support level and I said that I felt that was it and that on Monday Tuesday and Wednesday the market will be back up again and long and behold I was right , the significant part of hat happens was that it was a major naked short covering by HSBC JPM and others in both silver and gold but in particular in Silver , they knew the lawsuit was on the way ....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)
Wednesday, July 6, 2011
David Morgan in a Silver Mint
David Morgan striking a SILVER Proof coin, Old Glory Mint : "Grab what you can get." Eric Sprott is very well informed. The 3 men he listed, Ted Butler, Dave Morgan and Jason Hommel are among the smartest guys in the room when it comes to silver. The only guys you could add to that list would be James Turk, Adrian Douglas and Mike Maloney. referring to 2000-2010 than Gold outperformed Silver. In Jan of 2000 Gold was about $280, and in Jan of 2010 it was around $1120, a gain of almost exactly 400%. In Jan of 2000 Silver was around 5ish and in Jan of 2010 it was around 17, a gain of 340%. Close, but Gold outperformed Silver.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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