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2013 Silver Price Forecast: Silver Will Perform Like Gold on Steroids

From Econintersect Combined RSS Feed
December 25, 2012 - 3:30am
Special Report from Money Morning by Peter Krauth, Global Resources Specialist, Money Morning This past March, I asked a highly successful investment advisor what he thought about gold. Since he deals almost exclusively with very high net-worth individuals, his point of view was especially intriguing. He confided to me that many of his clients had been asking for gold and gold-related investments over the past few years. I can't say that I was surprised. But what he told me next simply shocked me. "Gold's much too volatile, it's too risky", he said. "Sure it's up, but I try to discourage my clients from investing in it." It simply floored me that he thought gold was too volatile. Gold is only up 580% since it bottomed in 2001, without a single losing year to date. Read more »Original post blogged on b2evolution.

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