Build your professional network on facebook via our app Go to app
 
<< Prev  4 of 11 in Topic  Next >>
Topic : Post Budget investment strategy
  Rate : 
Functional Area : Movers & Shakers
Activity:  0 comments  50 views  last activity : 10 03 2011 16:30:33 +0000
Share
 
 
 

Silver Chart

 

There's much to consider at this juncture.

We feel there's a very high probability that "the" highs are in definitely for silver and probably for gold.  There are logical reasons for this too.  The precious metals bull market is very long in the tooth, and contrary to some claims the general public has indeed gotten involved fully.  When that happens, the really big gains are usually in the past.  

We spent time reading message boards today and found people claiming that they traded their retirement account equities holdings for silver holdings in early September after being upset with the August market slide and wishing to get in on something that was still going up.  Exactly as we predicted - precious metals were the last bulls standing and the masses rushed in at the worst possible time, and while we were going short.       

That the masses are abandoning equities may be bullish for stocks.  So much bad news has already been factored in and the so-called endgame never happens the way the masses expect.  We might someday have flying cars and personal nuclear power modules, but did you really want to hold your General Motors or uranium stocks until then?  

In a real worldwide economic crisis people, and governments, will be rushing into cash and be desperate to cover their debts, just like in mid-'08 and just like the past few weeks.  They will not be rushing into gold.  It is arguably a form of insurance and wealth preservation at $400, but is it so at $1400 or $1900 ?  Maybe.  Maybe not.

Time will tell and in the meantime our GTI will lead the way, and we'll defer to it as always, however let's just say that we're not in any rush to sell our DZZ.

 
0 comments on "Better AND SAFER than gold"
Add your comment on "Better AND SAFER than gold"

Rate:
Submit
 
Viewers also viewed
HI, My name is shwetha working as HR in an company caore area is recruitment, my qualification...
 
1227 referals 7 votes, 295 views
Fedora vs Red Hat
 
190 referals 14 arguments, 327 views
(A) There are some brands which were failed or still existing in market. (B) There are some...
 
32 referals 3 comments, 27 views
more...  
Recent Knowledge (22)
Let me share a few issues for TS members. Demarcation of the boundary was initially made with...
 
293 referals 4 comments, 43 views
Cadbury India Ltd. Brand “Cadbury Dairymilk” has already been taken strong position in Indian...
 
0 referals 0 comments, 0 views
The other day I was in a restaurant and saw a sign advertising "Sliders Fridays." From what I...
 
0 referals 7 comments, 394 views
more...  
More From Author
  There's much to consider at this juncture. We feel there's a very high probability that "the" highs are in definitely for silver and probably for gold.  There are logical reasons for this too.  The precious metals bull market is very long in...
Although Academic qualifications do matter, but it's the people who are more goal oriented and hardworking that ends up successfully.
more...