GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, July 30, 2011

Bob Chapman : This Fall is going to be incredible for Gold and Silver

Bob Chapman : gold and silver coins bullion and shares because no matter what they do (on August the second ) it is going to be good for Gold , they will cut the social security , they are bound to kill everyone of the retirees . August is going to be an unusually good month for gold and silver , usually it is slow either flat slightly lower or much higher and the Fall is going to be incredible I think we can see $2200 on gold easy , and we can see $80 in silver easy , this is not going to stop , You got gold acting as the only real currency in the world and it is reflecting all the inflation not just in America , I mean Great Britain is 12 percent right now Europe is around 8 percent , who is kidding who ?, some dealers are having trouble now , so what happens in the fall ? the premiums on silver are as high as 8 dollars an ounce

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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