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A place to bounce around ideas and information... in general just chit chat... Because we're all different, and yet, we are all the same, just like zebras.

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Friday, July 15, 2011

Ben Davies - Gold to Break Above $2,000 in the Next 4 Months

If you haven't done so already, now may be your last chance to cash out your 401ks and IRAs and Bank Accounts and buy as much phyzz shiny metal as you possibly can.

Bury it in you yard and eat popcorn and drink beer and wine for the next 2 years and watch the global financial markets meltdown. Don't forget to have some copper jacketed lead.

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Ben Davies - Gold to Break Above $2,000 in the Next 4 Monthscan make the big money.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/7/14_Ben_Davies_-_Gold_to_Break_Above_$2,000_in_the_Next_4_Months.html

With gold closing in on $1,600 and silver attacking the $40 area, today King World News interviewed Ben Davies, CEO of Hinde Capital. When asked about the breakout to new highs occurring in summer Davies stated, “This has the smell of 1998 when I was trading US government bonds and everyone was away on holiday and problems were beginning to brew. Stock markets were beginning to get violent in reaction to Russia’s problems and it all kicked off in the summer months and people were being called back to their desks.

I just have that same kind of feeling now. This is not one I want to fight, the market is a little bit rich now in the short-term, but this could be the baby that takes us over the course of the next four months to that very tantalizing level above $2,000. I really think this is the move.”

Davies continues:

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