Fri, 10 August 2012
David Morgan joined us again, after last week's interview from the road. It's amazing what a brief vacation can do for the mind, body and soul. David's back and he's seeing renewed strength in the metals markets. The ability of silver to consistently stay above the $26 level and now above the $28, level is an indicator of underlying strength. And the same with gold. While both metals appeared ready to go parabolic last summer, they both wound up in one year corrections. And like all corrections, these too will end and the long term trend will assert itself. And for those of you who haven't been watching, that trend is up, up and away. But always remember that the tree does not grow to the sky and that once the excess debt and speculation has been wrung out of the system and the public and financial sectors of the economy have been drastically scaled back, then other more favorable investments may start to appear. But until that time, the metals are probably the place to be.
Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets.