Marc Courtenay

Gold and Silver Leap Amid Fears of Inflation

Thanks Peter for your work. Is there a consensus from your sources about how much of a short-term correction we might see in gold and silver? Every year the precious metals correct in the April through October time frame. Will this year be any different?

Silver: The Other Precious Metal

Although I agree with your comment, for those willing to take some "paper-institutional-m... risk" SLV and GLD are much more manageable for short-term trading purposes.


On Feb 12 04:40 PM Gold Barron wrote:

> Dont buy the SLV exchange traded fund! Buy physical silver bars and
> coins only. It seems that some of the authors on SA are missing the
> point of owning precious metals when they recommend ETF's like SLV
> or GLD. Buying silver because you think the price is going higher
> is a bad strategy, you should buy silver as a hedge or insurance
> against future inflation. What good will it be to have your money
> in paper markets when the system crumbles.
>
> One of the main reasons for buying precious metals is that the currency
> markets are totally corrupt and manipulated. The US government is
> also corrupt and they lie incessantly to the American public and
> twist the rules to benefit their buddies on Wall Street.
>
> And you will see that even the dealer folks selling silver are now
> charging 25%+ premiums when they sell it and are only offering to
> purchase silver at the spot price.
>
> Greatest country is the world? I am beginning to have second thoughts!

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