Andrew Su is the CEO at Compass Global Markets , he gives his outlook for Gold in the coming year of 2012 "I think we will be seeing $2000/oz in the first six months of the next year " Andrew says " I think it will stabilize from there and the we might see it continue to rise depending on the developments out of Europe and the US " he added , he also predicts gold finishing at about $2200/oz next year
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Friday, December 23, 2011
Bob Chapman Gloomy Outlook for Europe in 2012
Bob Chapman on Freedom Files Podcast 22 December 2011 : Europe may witness several drop outs during 2012 says Bob Chapman , the failures could be 6 to 8 but they eventually could break away with just 8 or 9 members to create another union their own way says Bob Chapman ,
Eric Sprott : silver should be $200/oz already
Eric Sprott : "I have always liked silver because I look at the physical supply and demand metrics and they scream that silver should be higher. But the price is being kept down by paper silver traders who are abusing the market."
"I think the price should already be substantially higher...The trade should be 16:1 gold:silver ratio. That implies that at $1,600/oz gold, silver should be $100/oz. At $3,200/oz gold, silver should be $200/oz. The outlook for gold is phenomenal and silver is going to go up even faster. That is why I think that this next decade will be the decade for silver," Sprott added.
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
"I think the price should already be substantially higher...The trade should be 16:1 gold:silver ratio. That implies that at $1,600/oz gold, silver should be $100/oz. At $3,200/oz gold, silver should be $200/oz. The outlook for gold is phenomenal and silver is going to go up even faster. That is why I think that this next decade will be the decade for silver," Sprott added.
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
Labels:
Eric Sprott
Subscribe to:
Posts (Atom)