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Economy and All That
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03-08-2012, 10:26 AM
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Accor$314
Join Date
Oct 2005
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Bro Pawlak will not tell you that, but let me tell you that the biggest investor in silver commodities is no other than JPMorgan Chase, go figure. Both gold and silver are purely speculative play at this moment, with hedge fund and Investment Bankers betting big time (the best way tofigure it out is to take any stock and look at its investment holdings) . But imagine what will happen to the poor investor when these speculators withdraw from this market space?. However, there are chances that gold might fall by about 50% (to say $900 /ounce), if that happens than those investing in gold/silver or are buying gold and silver coins will get badly hurt. It always good to be diversified in your investments, that what I learned in graduate school. Well put. this is exactly whats going to happen within short period of time.
The Gold market is going through a 'mania' phase right now. It will drop significantly .
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