Saturday, February 12, 2011

KWN Weekly Metals Wrap

As we continue to move forward in this precious metal bull market, it's important to follow gold and silver weekly.  There is no better place to get a weekly snapshot than KWN Weekly Metals Wrap.  Take twenty minutes a week and listen to this interview.  Here are a few key points.

  1. For every $1 going into gold, $10 is going into silver!!!
  2. The silver backwardation shows the demand for physical silver. 
  3. This silver backwardation which goes out to 2015, shows this is going to be one hell of a bull market.
  4. Chinese government continues to encourage their people to buy gold and silver.  The Chinese understand when fiat currencies collapse they will need a functional economy to continue.  Gold and silver will help China keep a functional economy, potentially using gold and silver as currency.
  5. The silver story is becoming more well known globally.
  6. Silver holds greater upside potential on a percentage basis.
  7. If demand continues to soar we will have a shortage in silver.
  8. Big surge in gold net longs

Full Interview Here

No comments:

Post a Comment