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RE: Silver: Train Leaving Station Soon!

in #money7 years ago

Perhaps what is even more important is what the BRICS (Brazil, Russia, India, China, South Africa) countries are in the process of doing. I listened to a financial radio show today that talked about this new Hong Kong Exchange/"Silk Road" is going to require a much tighter ratio in the amount of physical gold vs. how much paper gold their banks are going to be allowed to issue - which is basically the establishment of a gold-backed (or partially gold-backed) currency for exchange. This will force the COMEX to start moving in the same direction, I think. The result should be a decent rise in the true value of holding physical precious metals like gold and silver bullion. Get some!

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