Gold & Silver
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Mike Maloney reviews the gold and silver market outlook
Posted on 02 January 2012 with 2 comments from readers
Author of the ‘Rich Dad’s Guide to Investing in Gold & Silver’ Mike Maloney is always an investment guru worth hearing and in this state-of-the-economy video he explains what is coming next.
A new currency standard is on the horizon with gold valued at way over $5,000-an-ounce. An interesting reminder on the bigger picture for gold and silver as so many investors focus on the short-term.
2 Comments posted by readers:
Happy and Prosperous New Year one and all
Hi Peter,
Let me tahnk you again for your news letter I consider it one of the best.
I am however confused like most of your followers.
You stated in “Worst yeras…best years” : But we would cash out now if you are still invested or risk losing a very great deal of money.
Here Mike states that Gold and silver is extremely cheap.
I have a substantial amount invested in Gold and Silver equities and looking to purchased bulllion now.
Can you please clarify why you state to cash out now?
Thank you Joseph
Ed Note: This is a general warning to owners of shares. If we are going down then shares are not the place to be right now – the newsletter is shorting equities and owns none of them!
Hi Peter,
When you say you are shorting equities are you talking about the Dow, Nasdaq and so on. You are not including PM Equities? Right?
Keep up the good work
Thank you
Ed Note: all equities includes PM stocks – they go down with everything else!