GoldMoney Chairman James Turk outlines the reasons why "everyone should have a precious metals portfolio." James outlines the stark fiscal facts about government debt problems across the developed world, and why central banks' determination to devalue the currencies they issue is causing a bull market in precious metals. He demonstrates why gold remains undervalued, despite the great gains seen in its price over the last 11 years, and a means of assessing whether or not the yellow metal is fairly valued or not. James argues that we are living in "fiat currency bubble", similar though many magnitudes greater than the recent housing bubbles seen in America, Ireland, Spain and other countries, or the "Tech bubble" in NASDAQ stocks in the late 1990s. The USA is racing towards hyperinflation, courtesy of the Federal Reserve's monetisation of US government deficits.
Tuesday, December 11, 2012
Friday, December 7, 2012
$500 Silver, $10,000 Gold in 2013 ?
Precious Metals should be treated like car insurance. You don't speculate over the prices. In fact, you shouldn't even bother with charts. In 1979, if you were charting silver, I can almost guarantee you that you were looking for a dip in the chart, and in 1980 you missed the boat because of that charting. Instead, what you do is invest 5 -10% of your wealth into pm's, due to our economic environment. Trying to make precious metals change your life is a waste of time.They are insurance, nothing else.
Hugo Salias Price - World Riba Conference 2012
3rd Annual World Riba Conference With Sheikh Imran Hosein _ Hugo Salinas Price 26 Nov 2012 . Silver advocate Hugo Salinas Price, President of the Mexican Civic Association Pro Silver, A.C., explains what led him to believe that silver coins should be money again. Hugo and James discuss the essence of sound money.
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
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