User talk:Tyly72ti519h

For the last two years, I have been purchasing and recommending precious metals against an inevitable currency crisis. Since my last report, gold has added an additional $50 per ounce and is now topping $600.

The gold rally is just obtaining warmed up, and I firmly think it will continue at least by means of 2007. I predict that we will see its value rise to in between $3,000 and $five,000 per ounce.

Forex Super King subscribers have experienced substantial profit trading the forex, with an typical of 1,000 pips (value interest points) per month, and a 100 percent return on stocks bought. As usual, we have suggested that they place part of their profit into gold.

Here is an update on gold: The Federal Reserve announced that it will no longer publish M3 information showing the amount of paper currency issued in the U.S. In 1980, for each ounce of gold in America, the financial system carried $6,966. That's $1.8 trillion total. At the end of 2005, the total true funds supply shot up to more than $10 trillion. That's $40,000 in circulation for every single single ounce of gold. So the question becomes: How significantly is $1 actually worth?

China, Japan and most of Southeast Asia are all shifting from the dollar. To the Chinese, a weak dollar is neither solid nor reputable. Yu Yongding, who sits on the Chinese Central Bank Monetary Policy Committee, told the China Securities Journal he was worried America would drop interest rates in 2006, putting pressure on the dollar and the yuan. China just recently cashed in about 2.4 percent of its dollar reserves to buy gold. China Galaxy Securities quietly hinted China's Central Bank must quadruple its gold reserves in the quite near future.

Here is the update on silver: Over the lengthy term, gold has sold for about 30 times the cost of silver. In 1991, you required 98 ounces of silver to get a single ounce of gold, which at the moment sells for 62 times the price of silver.

If gold continues its meteoric rise in value, there will be a gain of at least 700 percent for silver. Silver is in demand in the industrial sector regardless of being in short supply. In contrast to gold, there is no silver Exchange Traded Fund yet. To launch an ETF, a bank or monetary institution really has to purchase enough of the underlying asset (in this case, silver bullion) to back each and every dollar invested in the fund. Barclays Bank is expected to launch a silver ETF soon, at which point silver will explode.

Forex Super King delivers subscribers a strategy of trading by which they can manage up to $100,000 worth of silver for $1,000. Considering that silver's potential has however to be reached, it is easily exchanged into other currencies and is ripe for trade.

Claude Grespinet is president and head of trading at Forex Super King. troy ounce silver