Silver Dollar Values Prices Skyrocketing, Schiff Declares Real Crash Is Coming, Buy Gold Today!

PRLog (Press Release) - Oct 05, 2012 -
Peter Schiff, the Chief executive officer of Euro Pacific Capital, has been one of the top voices in the monetary community warning individuals concerning the crisis that's coming. During a current interview with news reporters, Schiff explained that the huge monetary collapse that we observed back in 2008 "wasn't the real crash" and also he boldly announced that the "real crash is coming". Therefore is Schiff right? We shall discover. How High Will Silver Go? Learn more now >> http://www.silver-dollar-values.net

Economist Robert Wiedemer warned individuals what was coming prior to the crash of 2008, and now he is forewarning that what's coming next is going to become even worse. "The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012."

Monetary author Harry Dent believes that the stock marketplace could fall by as a lot as 60 percent in the coming months. He is convinced that stocks are hugely overvalued right now. "We have the greatest debt bubble in history. We will see a worldwide downturn. And when you are in this type of recessionary environment stocks should be trading at five to seven times earnings."

Now are these guys right? We shall find out. Yet I do find it fascinating that some of the greatest names in the monetary globe are presently making moves as if additionally they think that a huge monetary crisis is coming. SELLING GOLD? Learn more >>> http://silver-dollar-values.com/SELLING-GOLD/

For instance, as I have written about earlier, George Soros has dumped all of his holdings in banking giants JP Morgan, Citigroup as well as Goldman Sachs. Notorious billionaire hedge fund manager John Paulson, the man who produced someplace about 20 billion dollars wagering against the U.S. housing marketplace throughout the last monetary crisis, is making huge bets against the euro right today.

Therefore exactly where are these monetary titans placing their cash? Based on the news reports, each of these guys are pouring huge amounts of cash into gold. There was also reports last week in an SEC filing that each George Soros and John Paulson had elevated their investment in SPDR Gold Trust, the world’s biggest publicly traded physical gold exchange traded fund (ETF). Mr. Soros increased his stake in the ETF to 884,400 shares from 319,550 and Mr. Paulson purchased 4.53m shares, bringing his stake to 21.3m. At the present price of about $156 a share, they are new investments of about $88 million of Mr. Soros’ money and more than $700m from Mr. Paulson’s funds. They are substantial positions.

So just why would they do that? Exactly why would they dump millions upon countless dollars into gold? Well, it would make ideal sense to place so a lot cash into gold if a huge monetary crisis was coming soon. Our recommendation is to buy gold and buy silver to avoid the financial disaster quickly looming ahead of us all. How High Will Silver Go? Learn more now >> http://silver-dollar-values.net