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!!!

Friday, July 29, 2011

We could see a small pullback in Gold and Silver on Monday after they reach a debt ceiling agreement

Roger Wiegand : I think in Monday these characters in Washington will come to an agreement on the debt ceiling I think they will raise it and they will promise some cuts down the road that will never happen , but that will settle down these markets and I think in Monday we will see a pullback on gold and silver not very much but some and then after that it will flatten out and probably after ten days to two weeks we will start a new large rally the biggest one of the year will start in the middle of august till the end of August running all the way to thanks given , our goal is $1707 minimum




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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