Tuesday, February 21, 2012

Bob Chapman - Greece should have defaulted 2 and half years ago

Bob Chapman - Radio Liberty - 20 Feb 2012 : Greece will never be able to pay off its debts , the ECB started to print money out of thin air just like the FED , Greece economy cannot compete with a strong Euro their only out is to go back to the Drachma and then they could compete but they have to default , Greece should have defaulted 2 and half years ago

Bob Chapman - Financial Survival

Bob Chapman - Discount Gold & Silver Trading - Greece with the euro cannot compete with its neighboring similar economies in the Mediterranean , the demise of the euro will help the dollar because capital will flee to the US dollar thinking it is a safe heaven which is not , the only safe heavens are Gold and Silver

Monday, February 20, 2012

Gold $2500/oz & Silver $56/oz this year says John Embry

Gold and Silver Weekly Update - The Latest on Precious Metals - 2/18/2012 : John Embry of Sprott management said recently that he sees Gold going to $2500/oz and Silver @$56/oz this year says 2012 which is very close to James Turk prediction for this year of $2500/oz for Gold and $70/oz for silver.... Jerry Robinson interviews veteran Precious Metals Advisor Tom Cloud about the latest news on the precious metals markets.
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