Friday, April 29, 2011

Great Video! from Switzer Interviewing Wesley

http://www.switzer.com.au/video/legrand-april28/

Here is his interview on Switzer TV Business Channel that was posted yesterday. He spends a fair amount of time discussing the precious metals...and their relationship to world-wide currency debasement.

Tuesday, April 26, 2011

Projections of $200 Silver, 5 Digit Gold

George Findlay...a cnbc.com video. They talk about the ETFs vs. the real metal itself...and the effect that this week's FOMC meeting and QE3 may have on precious metal prices. He's expecting $200 silver long term...and a 5-digit gold price to go with it.

http://video.cnbc.com/gallery/?video=1896597118

Friday, April 22, 2011

Silver Still Soaring

If you have a couple minutes here's a great article;

Bottom Line: As a technician, looking at a parabolic up move heading toward long-term resistance gives me heartburn, and we can observe that silver is prone to some extreme volatility. Parabolic and/or vertical advances are extremely dangerous. There is simply no way to know when they will end, but they usually end badly, with vertical declines as steep and speedy as the ascent.

However, there are reasons to believe that fundamental and technical conditions exist that will continue to be positive for precious metals. We could hope that, once silver reaches resistance, there will be a nice correction to provide an opportunity for those who missed the boat to get on board. For those who bought at much lower prices, from a long-term point of view I see no reason to be concerned about any pullbacks. The kind of extreme financial crisis that precious metal advocates have long predicted is now actually upon us.

http://www.financialsense.com/contributors/carl-swenlin/silver-still-soaring

Thursday, April 21, 2011

Follow the Money! --Billionaire Eric Sprott talking about Silver

-Possible Single digit gold/silver ratio
-Equal dollar for dollar investment going into Gold & Silver

 worth of gold in inventory which could potentially be recirculated into the market. Converting this to a ratio, you get a one-to-63 ratio of silver to gold inventories.
Follow the Money --by Eric Sprott & Andrew Morris
http://www.sprott.com/Docs/MarketsataGlance/2011/0311%20Follow%20the%20Money.pdf


At present there is only $52 billion worth of silver bullion/coins and over $3.3 trillion

Tuesday, April 19, 2011

A couple of recent articles

Be Your Own Central Bank; Own Gold, Silver: Marc Faber

http://www.cnbc.com/id/42639020


Marc Faber --Collect the metal, dollar going to it's instrinsic value of Zero.
Watch from the 5min point
http://video.cnbc.com/gallery/?video=1886305900

Anatomy of a short squeeze
http://www.goldmoney.com/gold-research/anatomy-of-a-short-squeeze.html

Furious Greeks press for country to default on debt
http://www.guardian.co.uk/world/2011/apr/17/greece-debt-default-bailout