Saturday, July 16, 2011

Silver is an irreplaceable metal

David Bond of the Silver Summit is a strong believer that silver could double in price very soon , silver is an irreplaceable metal , the only thing that can replace silver as an industrial commodity is palladium in terms of its conductivity and reflectivity etc...we are hitting in a big squeeze in the market , JP Morgan Stanley which is hugely short silver tries to cover , I think their short covering is probably what's driving the momentum I really do not see a top for it yet says David Bond as a log term investment silver is better than gold it has bigger leverage , it is easier for the price of silver to double than it is for 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)

Bob Chapman - Financial Survival - 15 July 2011

Bob Chapman - Discount Gold Silver Trading 15 July 2011


Bob Chapman : Gold to go to at least $2200/oz before the end of the year it might even hit $3000/oz , the six countries in Europe in trouble are going to default and that default will wipe out the banking system in Europe , those events will send the gold and silver prices to the moon , Marine Lepen from the far right could get elected as a president in France

Friday, July 15, 2011

Bob Chapman - Sovereign Economist 13 July 2011 [FULL]

Bob Chapman - Sovereign Economist 13 July 2011 [FULL]
Bob Chapman : I think there is a war going on a light weight war between the illuminus in Europe and in the United States , and I believe that the six countries that are in financial trouble will soon go under and so will the Euro , and that's been done deliberately because the illuminus in New York they do not want the Euro as world currency and they do not want the SDR either that's why they had DSK set up , DSK is the ex IMF Chairman and had him resign

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