Hi Everyone,
It is important everyone that there is tendency that the dollar will destablizing soon and alot of currency will be shock from this effect ...
This deficit manged economy is not sustainable and we are getting more and more risk with our way of life with this manipulation..
Derivative like warren buffet said is a weapon of mass destruction and indeed this weapon is getting more destructive then ever . Come to think about it people can buy and sell endless even if there is no physical item left . it is not making any sense .. now the Derivative is the most speculate market .
More and more big institutes expand Derivative trading system, the more people trade via Derivative trading system the more we fall into investment trap without even know the truth fundamental and are at risk making lose in this investment vehicle ...
Althought I like trading Derivative but i am stopping trading Derivative in Preious metal. It getting dangerous and will not get maximize the gain as I would like to and at the same is at risk in making lost. I have start buy silver and gold trust with real physic gold and silver holding which you can redeem .. I think this type of investment vehicle will maximize my saving and profit in long run.
Example Sprott Physical Silver Trust come at a good time when the silver price is under heavy depress or you can buy Everbank gold CD, agorafinanical or invest with Jame turk or caseyresearch ... so I think it one of a vechicle to invest for long term holding, what is best there is on expired like Derivative which the big institue can squeeze in either way. Or best buy physical gold ..
I did not get any advertisment from Sprott and i am not related to Sprott in anyway..
I believe that one day, the gold will shot up in price like no tomorrow once the Derivative collasp ...as there is less gold to delvered .. And when that time come, you will be happy that you did not own your paper gold cause it will default as there is nothing backing it, paper gold is just like IOU gold. Just like dollar where the Fed can print unlimited .
There is a reason which gold survive for the past 5000 years while flat currency will collasp from time to time .every 50 - 100 hundred years
Please pass this link around and protect retail investor from this weapon of destruction. Without prey, the big institues will die so don't let them prey on us.
An elephant can kill an ant but elephant can't kill million ant as long as we know how to defeat the elephant and protect ourself.
Cheer everyone
Sunday, July 18, 2010
Subscribe to:
Comments (Atom)