1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
Silver-Dollar-Values.net Logo

Silver Dollar Values Prices Skyrocketing, Marc Faber: 100% Guaranteed America Will Enter Recession!

A lot of dollars chasing dwindling supplies of precious metals might trigger a significant price spike. The majors should invest in the junior miners that in a bull marketplace could provide excellent leverage as well as move exponentially greater...

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Oct. 2, 2012 - The gold and silver rally is expanding wildly, and it is nonetheless got a lot of upwards momentum to fulfill prior to this bull marketplace ends. Hundreds of thousands of investors are nonetheless exiting cash as well as treasury holdings and opting to place their wealth in gold and silver instead. And they are going for the miners over bullion in many instances. Following the U.S. formally announced QE3 last month, central banks about the planet followed our example and started initiating quantitative easing measures also. How High Will Silver Go? Learn More Kitco Silver >> http://www.silverdollar.cc

Based on Jeb Handwerger with ETF Daily News, the fundamentals for gold (NYSEARCA:GLD) and silver (NYSEARCA:SLV) are making good moves following the ECB and Bank of Japan simultaneously signaled Worldwide QE. The index charts are just now starting to reflect how these actions have impacted the uptrend for gold and silver - signaling there's a lot more space to develop.

Only this previous summer time, retail investors held their biggest cash position in years. Today, they are looking for to hedge the coming inflation crisis because the Central Banks aim to “increase inflation to promote spending and investing” in hopes which will produce more employment possibilities by giving retailers and small companies incentive to employ.

Following QE2, juniors under performed; but things are turning about. They have shattered a steady 18-month down trend and are now outperforming gold and silver bullion.
In the month of September alone, traders place $306.7 million toward Market Vectors Gold Miners as well as $181.9 million toward Market Vectors Junior Gold Miners. Ever since August, investors have placed more cash in miner investments than bullion.

Ever since the conclusion of QE2,  gold outperformed silver, the big producers (NYSEARCA:GDX) and also the small miners (NYSEARCA:GDXJ).  Nevertheless, that trend seems to become reversing because the cash strapped junior miners are obtaining more interest from the cash wealthy majors and royalty businesses who need to look for resource expansion.  Discover the significant royalty deals that Silver Wheaton (NYSE:SLW) just lately signed for the first time since 2007. Rare Coins, Silver Coins, Gold Coins, Learn More >> http://www.silverdollar.cc/GOLD-COINS/

The majors are starving for growth and are sitting on big money positions that are losing worth as Central Banks print dollars.  A lot of dollars chasing dwindling supplies of precious metals might trigger a significant price spike.  The majors should invest in the junior miners that in a bull marketplace could provide excellent leverage as well as move exponentially greater in percentage terms than bullion.

Marc Faber - well-known investor, commentator as well as publisher of the Gloom, Boom and Doom Report, is moving bearish on just about every thing. Dr. Doom is living up to his identify. When on a call to reporters from Thailand, he discussed his 100% certainty that America will enter an economic depression. “I am now bearish about practically all assets near term. I think we're entering a correction time, where there will be some disappointment, where stock markets -- from the recent highs -- can easily drop 20%.” Our recommendation is to buy gold and buy silver today before the gold price and silver prices rise rapidly very soon. How High Will Silver Go? Learn More Kitco Silver >> http://silverdollar.cc

--- End ---

Click to Share

Contact Email:
***@jobshq.us Email Verified
Source:James Bakerman
Address:600 E Greenfield Ave
Zip:53204
City/Town:Milwaukee
State/Province:Wisconsin
Country:United States
Industry:Business, Finance
Tags:, , , ,
Shortcut:http://prlog.org/11988770
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Upcoming Press Releases...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
8.4K1.9K2.6K
Click to Share