Things in Europe are rapidly getting worse. One option would be to revalue gold to a much higher number. The other option would be for the US Federal Reserve to start buying their bonds - unlikely unless the US banks are still exposed. The latter option may explain why the US Dollar is not moving higher but more likely there is heavy Central Bank interference to prevent it going higher. I am staying with a big position in EUO but there is no question that AGQ would be worth buying if I owned less EUO. These markets are very difficult to trade and so my focus is on a position that I feel offers a little less risk than others.
I read today that solar energy now consumes 11% of global silver production. When you consider that solar and "alternative" energy is in its early stages of development you realize that silver is in its
I read today that solar energy now consumes 11% of global silver production. When you consider that solar and "alternative" energy is in its early stages of development you realize that silver is in its
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