Europe

10/27/2011

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The agreement is pure BS but it is enough to push things higher.  What all these governments are saying is that they are willing to print, print and print money.  For now I will let TYH ride.  Silver has had a nice move - if you buy, buy some Silver Eagles.  Do NOT buy numismatic coins and use a reputable dealer AND take delivery.  You will get the best value if you buy a " monster box ".  These contain 500 coins and will cost a little under $ 20,000 at the moment.  As I have said before - silver coins are not for trading.  They are an insurance against a complete collapse of the Central Banking system if that should occure.  Back on Europe - now the PIIGS have a taste for it there will be a complete default not a "50% hair cut ".



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