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Buy precious metals on any summer weakness

Posted on 01 July 2009 with no comments from readers


Veteran silver analyst David Morgan sees the summer as the ideal time to stock up on precious metals, with any price weakness being a buying opportunity.

Posted on 01 July 2009 Categories: Banking & Finance, Global Economics, Gold & Silver, Hedge Funds, Video Channel

no Comments posted by readers:

Comment by Keijo - 01 July 2009

Peter,

You have been talking up gold on this site for at least the last 12 months.
Not much has happened!

Don’t you think it’s time for a more balanced view?

Comment by Peter Cooper - 01 July 2009

Not much has happened?! What planet are you living on?

The world has had its biggest financial collapse since the 1930s, and gold has performed wonderfully as a preserver of value. If you mean gold has been steady and relatively strong in a terrible financial environment, then you are right, not much has happened to the gold price.

Anybody who listened to this website has saved themselves a fortune by avoiding other asset classes. If that is unbalanced then fair enough, but there are plenty of commentators whose balance is so perfect that they say nothing.

Comment by Keijo - 01 July 2009

Thanks for the prompt reply,
I guess I was refering to your earlier predictions such as:
Gold to equal Dow, both at 4000

Ed note: have patience!

Comment by marco modem wifi - 01 July 2009

i´m agree with eter aber howewer it was a dood article, and we will manage to wolk over the cricis

Comment by SW - 01 July 2009

Is it still wise to be accumulating physical silver while the price has dropped so much lately?

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