Whitslack

Bullish Sentiment Continues for Gold and Silver Stocks

On Oct 08 12:31 PM twitee wrote:
> Did any analyst predicted the last year crash.....

Peter Schiff predicted it way back in 2007, and the other analysts laughed at him. Who's laughing now? Really, anyone who understands and believes in Austrian economic theory knew this was coming sooner or later. The Austrian economists now tell us this is not a recovery, it's a cover-up — a papering over with paper money. Buy gold and silver while your wages still have any purchasing power left in the world market.

No Silver Lining for Precious Metal Bugs

Destruction of all wealth? By your own account, silver was 24¢ in 1932 and is now around $10. Sounds to me like those who held onto their silver rather than panicking were able to retain their wealth in the face of rampant inflation.