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Iowa | Never heard of him, but he seems pretty bullish on gold silver and oil. Seems like every other analyst is saying oil is going to be headed down. In my opinion looking at gold and silver price seems to more reflect peoples trust in the economy in general as far as historical prices. Seems like when the stock market crashes gold and silver go up shortly after, then when the economy bounces back it drops back down and in general barely keeps with inflation.
Not saying there isn't a feeling of safety being able to physically hold onto assets that have held value for thousands of years either though. I just don't see gold and silver as a get rich quick plan. | |
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Silver
