for as far out as the eye can see. Couple that with the Federal Reserve which will postpone the recession until 2007 with more drops in interest rates and billions more of printed money and what do you get?
You get Silver up to $22-$24, Gold at $1000 and the dollar down another 10% in six months.
Buying Silver, Gold, Oil, EUROs and Canadian Dollars are recommended on the website I like most. They've been saying this for months and it's all in public view.
TigerSoft's Power Ranking software easily lets you compare industry groups, get automatic Buys and Sells on the groups and find the most tightly held and Accumulated stocks in a group.
Right now, Gold is #1. Buy IAU, AZS. EGI, GLD, ABX, SLW, SSRI. There is nothing on the horizon to alter the dyanamics favoring rising silver and gold prices.
The Fed will lower rates to avoid a recession BEFORE the next Presidential Election. That's what they do! And that will make the fdollar go down and down some more. If there is a run on the dollar, as is becoming more and more likely, metals are our best bet.
This is not idle talk. TigerSoft's Insider-Watch software shows that more and more smart big money are accepting this outlook. Visit www.tigersoft.com The guy who started this is old but a Columbia University Ph.D. with 40 years experience on and off Wall Street.
Astute observation. Especially when you take into account we have millions of baby boomers going on SS next year that we cannot afford. We are paying for social security with BONDS! Which we pay the interest on with, you guessed it, BONDS! But now, with foreign debt drying up, people will find themselves having to take care of their parents and grandparents when the US cuts benefits. This country is going to hell right after its politicians, Democrat AND Republican.