Silver Bars Direct

12 January 2011 41 views No Comment Email This Post

According to Robin Griffiths, technical strategist at Cazenove Capital, “I think not owning gold is a form of insanity. It may even show unhealthy masochistic tendencies which might need medical attention.” Check the CNBC video below:

I think the euro crisis might trigger a flight to US dollars and treasuries in the short term, but later in the year this should dissipate result in an increase in gold and silver prices. Griffith thinks that in the final stages of the rally, gold prices will increase exponentially outpacing the appreciation we’ve seen during the last 10 years.

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