Re: Good Rickards interview on CNBS...Video.
in response to
by
posted on
Nov 20, 2009 11:52AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
I saw that interview and must say cnbc seems to be very bullish on gold as of late. Even this morning there were hedge fund managers claiming to hold gold in there portfolios. What I don't understand is I never seem to hear that much about silver. They continue to talk technologies up which would mean a upswing in silver demand. As many have reported, the ammount of gold vs silver would suggest the price of silver to explode upwards. China letting there citizens buy silver for the first time in 60 years is another reason to be bullish. Then the fact of paper money. It does not coincide with the values from each and every country. Don't get me wrong. I have no doubt that gold will at least double in the next year, but the ratio spread for gold and silver is still out of line. And there is also the reports of fake gold. When does that actually become a problem for the sellers of these fools gold? Sooner or later someone will have to be accountable for this fraud. I am hoping there are no reports of silver in that category. I do remember not to long ago hearing Jim Cramer being bullish on silver, but it was a brief moment. All said this is very bullish indeed. Gold will continue to climb higher and silver should out duel gold in ratio. I have not read anything about this new bill Ron Paul [Let's hear it for Ron Paul] put through the congress, but it is about time. The Fed needs auditing and not more logs. When I say logs it means trees to make paper. lol! ECU has to be ready for this outcome and I believe they are. And yes this should be a quarter that has positive earnings for the company. So lets go technology because you need the goods we got. By the way anyone know where I can buy any China Panda's at a reasonable price. They are double the price of eagles and mapleleafs. And for all the shorters wow are you in for a big surprise when the scale tips. Not saying we have shorters in here mind you, but when it's all over I will gladly invite them over for the rest of my macaroni and cheese. But they will not have any of my pudding. lol! Now we just need to see ECU break this barrier of 1.00 and watch the tidal wave wash the shorters away. Have a nice day, and welcome all who have joined the forum lately, you will be glad you did.