Wednesday, February 6, 2008

Just about to Pull the Trigger on Silver and Gold, When..

I read some fantastic analysis from the eminent Frank Barbera and decided to ride the metals lower before purchasing. Also held back somewhat on purchasing a few mining shares. Probably will dive in shortly even though the market as a whole has all the gusto of Michael Moore running a marathon - downright sickly.

Whether goes the market, initially go the PM's stocks. Sadly for the jr's, they will be swept up like dust by the majors for penny's in the pound of good earth they hold.

Speaking of criminal enterprises, the shaft given to freedom and Ron Paul is one for the hall of shame for government corruption. He was completely ignored by the corpgovmedia, and had the votes redirected from him at every opportunity.
Worst of all, the average American can't think straight enough to see that he was the only candidate that could right this country and get us back to a free U.S. versus the police and war state we have become.

Sadly, all of this is good news for the gold and silver investor as the printing presses will run non-stop.

James Turk of Goldmoney fame, commented that he does not believe the silver bull market even begins until we retouch $50! That means we could rise 10 fold from there - up to a mind blowing $500 per oz of silver. That would give us the return of the century.

Let us all hope James Turk is correct -as he usually is.

Action items for all:
Buy gold and silver on the dips.
Go digital with goldmoney, bullionvault, egold, etc.
Get some energy stocks,
If you can afford it, grab some farmland, next best thing is the rogers commodity fund.

Off to research the next great market..