Home » Silver

Not Owning Gold Is A Sign Of Insanity

12 January 2011 39 views No CommentEmail This Post 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.

Related Posts
  • University of Maryland Professor Calls for $3,000 Gold With the failure of Italy and the European Union imminent, Dr. Peter Morici, professor of economics at the Richard Smith School of Business at the Univesity of Maryland is calling for gold prices to hit $3,000 per ounce. “With the implosion of Italy,” says the University of Maryland’s Peter Morici,......
  • money-to-burnHyperInflation In The US: Possibility Or Reality? Here's an exceptionally well made video by the National Inflation Association. If you don't believe in hyperinflation (or even if you do) this eye-opening video will entertain and educate you regarding the historical currency devaluation that several other countries have faced and the total break down of economies like Zimbabwe.......
Related Websites
  • silvergoldbarsTop 20 List of the Biggest Canadian Gold Stocks With gold prices breaking through $1000/ounce (Sept. 2009), US dollar weakness and continued upside pressure on gold with the recent announcement by Barrick of the removal of its gold hedging books (a very bullish and self-assured call on gold), you might like to take a fresh look at some Canadian......
  • Byron Wien's 2008 Annual Top Ten Surprizes List Byron Wien, chief investment strategist for Pequot Capital, has once again published his annual list of economic, market and political surprises. Last year, he got about half of his predictions right. He predicted gold bullion at $800, oil at $80, surging grain prices, and the rise in Latin America's economies.......
  • Gold NuggetsGold Nuggets Coins and Paper Money -> Bullion -> Gold-> Nugget When it comes to finding a money collectible that immediately has a sense of value, it’s hard to come close to a gold nugget. For centuries, gold fever has been inspired by the talk of immense gold nuggets and to this......
  • inflation adjusted gold priceGold & Silver will Skyrocket if US Defaults The risk of a US currency crisis is rising and this is contributing to significant demand for precious metals such as gold and silver.  As you know, congress and our President are working on coming up with a solution to our debt crisis.  Though I think the outcome will be......
  • Buy vs. Rent Adventures in Money Making, a favorite read of mine, brought a an article about renting to my attention. The article, Misconception: Renting is for suckers, gives a rule of thumb for when you'd be better off renting vs. buying a home. Immediately, I thought, I really have to read this.......
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.