Thursday, 20 September 2012

Thoughts on Gold, Silver.

Prices stalled but ultimately going much higher. US, UK, EU, Japan, Korea, China, are all engaged in some sort of stimulus spending, money printing, currency debasement. Price discovery has been destroyed and the entire system is being held up by faith and hope. As the Gold price shoots up look to the share price of gold miners going up as Silver prices rocket, especially as late comers are priced out of Gold. My time scale? After the US elections it will be chaos.

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