One Last Decline, Then the Rebound in Gold [View article]
I believe the heavily manipulated precious metal market, so as US currency, is significantly influenced by incoming US election. If democrats come to the White House, which I think they will, the blood transfusion to this gunshot wound, US economy, will be stopped. As a result, we may see the worst recession known to mankind since industrial revolution, 1750's. The precious metal market is very unpredictable prior to US election. I can see the low of 9.5 $ for silver and 660 $ for gold. Then, it will be dream comes true for the precious metal investors, of course those who have not been completely wiped out. The actual price of silver should be around 95 $ and 3300 $ for gold per ounce today. I personally predict sliver will be the best investment of the decade, next to some odd biotech stocks, in next year and so. One piece of advice for short term investors, run before get caught in the hurricane.
iShares Silver Trust: Inventory Climbs as Metal Price Plunges [View article]
I believe the heavily manipulated precious metal market, so as US currency, is significantly influenced by incoming US election. If democrats come to the White House, which I think they will, the blood transfusion to this gunshot wound, US economy, will be stopped. As a result, we may see the worst recession known to mankind since industrial revolution, 1750's. The precious metal market is very unpredictable prior to US election. I can see the low of 9.5 $ for silver and 660 $ for gold. Then, it will be dream comes true for the precious metal investors, of course those who have not been completely wiped out. The actual price of silver should be around 95 $ and 3300 $ for gold per ounce today. I personally predict sliver will be the best investment of the decade, next to some odd biotech stocks, in next year and so. One piece of advice for short term investors, run before get caught in the hurricane.
iShares Silver Trust: Inventory Climbs as Metal Price Plunges [View article]
I believe the heavily manipulated precious metal market, same as US currency market, will be influenced by the incoming US election. Without the doubt if democrats come to White House the blood transfusion to this gunshot wound, US economy, will be stooped and then we will see an actual recession ever seen in the history since industrial revolution. Until then the market is very unpredictable. I believe we have not see the rock bottom yet. Sliver below 9.50 and gold around 660 $ will be possible. Then, the dream comes true for precious metal investors, of course those who have not lost their shirts yet. I anticipate silver will be number one investment of the year, next to odd biotech stocks, in 2009-2010.
Good luck to all those who has the strength and means of been patient and my condolences to the short term investors in precious metal market.
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Latest | Highest ratedOne Last Decline, Then the Rebound in Gold [View article]
Thanks
Dr. Ray Taheri
iShares Silver Trust: Inventory Climbs as Metal Price Plunges [View article]
Thanks
Dr. Ray Taheri
iShares Silver Trust: Inventory Climbs as Metal Price Plunges [View article]
Good luck to all those who has the strength and means of been patient and my condolences to the short term investors in precious metal market.
Regards
Dr. Ray T