Saturday, October 6, 2012

Clueless, Ignorant, Dangerous Leaders

Rogers is bullish China long-term but buying Chinese stocks only selectively...
 Faber sees under-the-surface weakness in US equities and while central banks could print us to Dow 30,000; gold and other commodities will be astronomical by then...
 Faber is bearish AAPL, believes its a bubble - but too dangerous to short... Both are uber-bearish central-bankers and politicians...

  Marc Faber: "Both candidates are clueless and completely artificial..." 
 Jimmy Rogers: "It's worse than clueless, because they think they know what they're doing.. and so they are dangerous! If they were just clueless and looked out the window, we wouldn't have a problem, but they think they have the solution - but their solutions are what's making the situation worse...
" Marc Faber: "That is precisely the point. It is very dangerous to have ignorant people believing that they know something!"

Friday, October 5, 2012

YES... SILVER is a Buy Now

Commenting on the outlook for silver, Silver Wheaton’s CEO, Peter Barnes, stated in a CNBC interview that he sees the silver price reaching $50 per ounce in the next two to three years, but that it also could happen sooner. Furthermore, Barnes predicted the price of silver will be “extremely high” over at least the next threefive years.



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