Jim Willie : IMF plan to introduce the SDR but that's just a fancy name for a basket of major currencies the dollar the Euro the Yen and the British Pound , imagine if they try to use this basket as a global reserve banking currency , they think that this will fix the problems that the dollar has , because the dollar has cancer it is called QE
...they gonna fail miserably and this means that the price of commodities will continue to rise uniformly gold silver cotton crude oil all of them in uni-sense
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
Showing posts with label Jim Willie. Show all posts
Showing posts with label Jim Willie. Show all posts
Thursday, April 28, 2011
Sunday, October 31, 2010
Silver price set to Explode
According to many names in the The biggest names in the precious metals industry the price of Silver is set to explode not in the coming months or weeks but in the coming few days according to James Turk for example , v says that Silver will hit $30 an ounce in the next 18 days ...
Jim Willie : "...pursuit of a fair gold price follows when HSBC fails and that event is imminent..." Jim Willie says that silver will outperform gold by two to one....
Jim Willie : "...pursuit of a fair gold price follows when HSBC fails and that event is imminent..." Jim Willie says that silver will outperform gold by two to one....
Labels:
James Turk,
Jim Willie,
Silver
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