James Turk, Aug 15: “I think this is going to be a good week for silver. A lot of hedge funds bought gold & sold silver last week; I think some of those spreads are going to unwind. Silver has been holding support here &getting ready to follow gold up. My expectation is that silver is going to outperform gold this week, which would be the first time that has happened in a few weeks." Peter Schiff on Aug 16th- "Relentless Rise in Gold will Continue, this is a one way trip for gold." ... “I think silver is a good buy. Silver has kind of been restrained a little bit, but now as gold is rising and silver is getting pretty cheap on a ratio basis, silver is a good buy here.” A respectable & plausible analysis .Silver gets manipulated downward(once again) to spark major Silver selloffs to get into gold. While the suckers will still do fine in gold with the dollar crashing, the real performer is about to be silver. Insiders are scooping it up at what will be seen in the future as bargain prices. Sounds crazy right? Remember this post .No doubt silver is going to explode in the end
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
Thursday, August 18, 2011
Gold Gains on debt crisis and growth fears
Gold remains the ultimate safe heaven says Andrey Kryuchenkov, a commodities analyst at VTB Capital, Any Gold Sell off Would Be `Short-Lived' Central Banks became net buyers of gold , Gold will remain the most appealing short term asset , where else would anybody put his money when there are so many market uncertainties and the FED just announced that it will keep interest rates so low for another couple of years ....
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 : They want to have an excuse for QE3
Bob Chapman - Radio Liberty - 15 Aug 2011
Bob Chapman : They want to have an excuse for QE3 , that's part of why S&P alone lowered the rate of the US debt they want three things out of this , number one their unconstitutional super congress number two they want to chop off medicare and social security ...but also what they want to do is have an excuse for QE3 they also want to bring back corporate profits from overseas ...they want to bring this money in to help the economy ...
Subscribe to:
Posts (Atom)
