GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, May 2, 2011

Why did Silver price Slip today ?

Michael McCarthy, chief market strategist at CMC Markets, believes silver has entered the "blow-off" phase of the bubble market and prices will stay volatile.I beg to disagree with McCarthy , what we saw this morning was a healthy correction the price of silver is what it was just a week ago , the fundamentals are still fantastic and I expect the silver to end at $50 by the end of the month...today's dipp is a great opportunity for buyers to go and get more physical silver...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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