How Many Reasons Do You Need To Own Gold And Silver?

Jan. 26, 2011 - PRLog -- Rapidly rising oil, energy and also food prices pose a serious threat to global political and economic stability, leading U.S. economist Nouriel Roubini has warned.

He told his audience of world leaders at the World Economic Forum's 2011 annual meeting in Davos, Switzerland, and said the global economy was a "glass half-full and a glass half-empty", with some signs of recovery. He told others there were still "many things that could go wrong" in the coming year. CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.com has all of the details for an intelligent investing choice.

When asked to pick what he considered the biggest new threat, Roubini -- who earned himself the nickname "Dr Doom" for his pessimistic predictions during the economic crisis -- highlighted the large increase in commodities.  

Roubini said the rapid rise "could be a source of political instability, not only economic and financial fragility." "What has happened in Tunisia and is happening right now in Egypt, but also the riots in Morocco, Algeria, Pakistan are related not only to high unemployment rates and to income and wealth inequality, but also to the very sharp rise in food and commodity prices." CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.com has all of the details for an intelligent investing option.

This social as well as political backlash against austerity and reform is going to turn out to be worse, simply because individuals do not see any light at the end of the tunnel.

China has spent too long putting off coping with its economic problems, and could face a reckoning this year -- with ramifications for the rest of the globe. China's been at the rear of the curve in terms of financial tightening - they've done too little when compared with what they should have, and also the risk is now inflation may get spinning out of control.

"Because they don't want to lose competitiveness and trade and exports... they're pushing the problem down the road, and then when inflation really rises they'll have to tighten much more," he said.

All of this message of impending economic doom and worldwide political instability coming from Davos should give you a clue as to what is going to happen to the gold and silver prices in 2011 and also down the road.  People will be purchasing increasing amounts of silver and gold as a safe haven for their assets.  Prices for silver and gold will rise dramatically, and those who invest now will be safe and have profits available later. CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.net has all of the details for an intelligent investing choice.

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