Bob Chapman : These are The Stocks I Recommend

Bob Chapman : Well, I recommend four stocks, Agnico-Eagle Mines Ltd. (NYSE:AEM; TSX:AEM), Goldcorp Inc. (NYSE:GG; TSX:G), Silver Standard Resources Inc. (TSX:SSO; NASDAQ:SSRI) and Minefinders Corporation (TSX:MFL; NYSE:MFN). That's it. If people want to speculate, that's fine.

Eric Sprott on The Financial Survival Network - 19 May 2012

Eric Sprott--Live at Hard Asset New York--05-15-2012 Eric Sprott with Kerry Lutz discuss the differences between physical precious metals and paper.Eric shares helpful insights on precious metals. Enjoy a few real experts on the economy and precious metals providing insights on the market.Like Jim Rogers says: "it's better to be a contrarian". Not even 1% of people own precious metals in the "developed" world.Very unwanted and undervalued right now. It's a no-brainer!

Eric Sprott had just finished his keynote address at the Hard Assets investment conference in NYC when he took a few minutes from his busy schedule to speak with FSN. While being rational about the recent decline, he was no happier about it than anyone else.
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

Bob Chapman : Every Currency in the World went down versus Gold

Bob Chapman : I think that on the U.S. Dollar Index (USDX), the dollar could go down to the 45 mark. On the other hand it's about 82 right now, down from 89 and up from 74, six or seven months ago. If you think the dollar is going to go down in value, as I do, in order to hedge against that one could buy Treasury Securities denominated in Swiss francs or Canadian dollars. I think those two currencies will do well versus the dollar. If you look at the figures for the last seven years, you'll find that every currency in the world went down versus gold. In the first six months of 2010, most of the major currencies went down 12% or 13%. The final arbiter here is gold. The question is who's going to win? Is gold going to become the ultimate currency or is it the dollar or will it be another currency? It's hard for another currency to compete with gold with all the debt out there and all the problems the world's got when you have a fiat currency that's backed by nothing. The only currency out there that has a backing of gold is the euro; it used to be that 15% of the currency was backed by gold, but now it's about 7%.