Sunday, December 23, 2012

Jim Rogers: On a historic basis, Silver is cheaper than Gold

Jim Rogers: On a historic basis, silver is cheaper than gold. Gold is down 10 or 15 percent from its all-time high. Silver is down 30 or 40 percent. So I guess I’d rather buy silver than gold. I’m buying neither at the moment. But if I had to, I’d probably buy silver today rather than gold. But again, I’m not buying or selling either.

Marc Faber : Gold and Silver will move in the same direction

Marc Faber : Gold and silver will move in the same direction, up together or down together. At times, silver will be stronger relative to gold, and at other times gold will be stronger relative to silver. My friend Eric Sprott thinks that silver will go ballistic. I don't know. I own gold.

Saturday, December 22, 2012

Gold Radio Cafe - December 21, 2012

Gold and silver is about preserving wealth (long term view) and making some money off the rise and fall of the prices (shorting)...pick your M.O....it's all good...Any manipulation statements are stupid because in 2008 everything went down including gold and gold mining stocks and if people wanted invest in gold and gold mining companies during that panic time, no central bank would be able to push down the prices. By betting that gold goes up you bet that dollar goes down, simple as that, there is no stupid conspiracy.

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