Seeking Alpha

Retirefund's  Instablog

Retirefund
Send Message
Long a buy and hold investor, I now believe that buy and hold has to be re-evaluated in a world of ever increasing, instant information and huge gyrations in markets all over the world. A value investor at heart, I anchor my portfolio with conservative funds and blue chip dividend stocks, but... More
My blog:
Retirefund
  • Manipulation In The Gold And Silver Markets 0 comments
    Apr 10, 2013 11:19 AM | about stocks: GOLD

    The Chief Strategist at Sprott Asset Management, John Embrey, sees a huge jump in gold and silver prices by year end 2013-See interview at BNN->http://dld.bz/cwB6w

    It is refreshing to see someone in the know, actually lay out the reasons why and how there is so much manipulation in the gold and silver markets.

    I have repeatedly spouted the benefits of owning Physical gold and silver as part of your overall portfolio, and Mr. Embrey explains very well, why I and many others now feel strongly that this is something that can no longer be overlooked.

    It seems that, selling off and shorting paper gold instruments and ETF's like the GLD, while quietly purchasing physical gold, has been a strategy of late for wealthy, "in the know" people. I and others have railed against this for awhile now. I do not trust "anything" coming out of J.P. Morgan or Goldman Sachs on the price of gold, in particular, any negative scenario. They hold too much sway in those markets and profit immensely from manipulations in the paper gold trade.

    What they cannot control is the physical gold and silver trade. Smart people who know this, are taking action all over the world now, as every country deminishes it's own fiat currency. Debt is the catalyst and it cannot be wished away by more debt.

    You should listen closely to this interview and make your own conclusions.....http://dld.bz/cwB6w

    Disclosure: I am long GOLD, OTCQX:SGRCF, BRD.

    Additional disclosure: I am long physical gold and silver. I own penny stocks (miners) of gold, silver, platinum, lithium, graphite and copper

Back To Retirefund's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • $IAALF gets prelim contract from Lockheed Martin on F35 Fighter material Beralcast-->http://dld.bz/djnDW
    Feb 26, 2014
  • $LMT - Tiny Microcap IBC Advanced Alloys (OTC-IAALF) signs with Lockheed to supply Beralcast Alloys for F-35 - http://dld.bz/dhKcr
    Feb 19, 2014
  • If tiny IBC Advanced Alloys signs with $LMT, Expect a 500% pop in it's share price--http://dld.bz/dgq8B
    Jan 23, 2014
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.