Here is the illustrious Robin Griffiths, rumored banker to Her Majesty the Queen, and the always sharp Ben Davies lending words of warning and caution has we head into the second half of 2011.
And what do they have to say? In short Robin states,
1. American and European stock markets shall continue to decline in real terms. Making holders of stocks poorer, even though their quoted prices might go up.
2. Gold is in a multiyear secular UP trend that shows no symptoms of deceleration.
3. All fiat currencies are going to be debased, no exceptions.
Here is the link to Mr. Griffiths newest thoughts on the economy.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/7/19_Griffiths_-_We_Live_in_an_Era_Where_all_Fiat_Moneys_are_Suspect.html
As for the super sharp Ben Davies, some real stunners...
1. The physical silver market is as tight as a drum.
2. Physical demand for gold and silver coming from Asia, particularly China, is relentless and growing.
3. The Ben Bernank is lier, lier, pants on fire!
4. Gold will be at $2000.00 an ounce in 4 months!!!!!!!!!!!!!!!(Not a typo and Mr. Davies is no blind optimistic cheerleader of gold and silver. He called for silver to selloff 13-15 dollars in early May and that is just what it did.)
Here is the thought provoking interview of Davies by Eric King.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/15_Ben_Davies.html
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