David Morgan, founder of Silver-Investor.com, reveals the three reasons why silver has rallied this year and weighs in on whether the rally can continue.
Monday, October 18, 2010
Peter Schiff : No Bubble in Gold
With gold prices above $1300 per ounce, skeptics question whether this is yet another asset class bubble about to burst. Schiff disagrees, as you might expect. He believes the U.S. dollar will continue its downward trajectory – in turn, adding to the value of gold. “I think we’re still relatively early in the game," he says. "It’s not rock bottom prices, but prices are not high for the metals, especially given what central banks are going to do,” i.e. more quantitative easing.
The U.S. Dollar will be worthless within two years! - Lindsey Williams
Government funny money will soon become worthless, buy gold & silver or loose everything
Chinese dumping worthless currency for gold (17May10)
The Chinese population and government are dumping the worthless paper currencies of the world, which their governments just magic from nowhere, and dumping guilts, and are instead investing in gold. No matter what the price of gold is, one thing is certain, you can't print more of it like Western governments have done to their paper currencies.
Recorded from Sky News, 17 May 2010.
Recorded from Sky News, 17 May 2010.
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