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Words of Joy
20th December 2011, 12:41
Notice the chart and the sudden fall beginning of december...

http://www.zimbabwemetro.com/31919/gold-prices-may-crash-in-early-2012-analysts/


In the short term we are seeing greater downside for gold,” said Ong Yi Ling, an analyst at Phillip Futures


We believe that, in 2012, of all metals, gold will be the worst performing,” said Christoph Eibl, CEO and founding partner of the Swiss commodity hedge fund Tiberius.


As we enter 2012, neither gold nor the Swiss franc retains a safe haven status as originally expected at the end of 2010,” UBS Chief Investment Officer Alexander Friedman

Lancelot
20th December 2011, 12:48
This ties in with the latest David Wilcock revelations that gold is overvalued due to it being made scarce and there are huge reserves.

In light of this and in light of possible collapsing currencies, is Silver a good investment anyone?

Words of Joy
20th December 2011, 12:55
Silver is down as well...

http://www.tradingnrg.com/wp-content/uploads/2011/12/Gold-price-forecast-silver-price-outlook-2011-December-20.jpg

Connecting with Sauce
20th December 2011, 13:17
I'd say right now gold and silver are one of the best investments with the recent hammering they have had due to triple witch week last week and yesterday the currencies rolled over and today the dollar is being rolled over... I expect it will perform nicely into the future. It is certainly a hedge against the creation of fiat currencies...

http://www.kitco.com/charts/techcharts_silver.html

Silver is currently under the 200 day moving average, like it was in 2007-8 and I expect it will be a commodity to buy now and hold for the long term 5 - 10 years... Unlike gold which is hoarded by the money powers... just because there is loads of it, it doesn't mean it won't go up relative to fiat cuurencies which will be worth less... not worthless.


http://www.youtube.com/watch?v=xCCuLMgyUgY

Connecting with Sauce
20th December 2011, 13:45
and another one...


http://www.youtube.com/watch?v=tj2s6vzErqY

conk
20th December 2011, 14:22
Prices of metals down? Great buying opportunity. Keep on holding that worthless paper that's controlled by the criminals. Trust them?