Gold & Silver the FED and Ron Paul! READ IT!

Before you read... 100% my opinion.....

Okay, I have been here (DP) since the beginning and I am going to give you a little insight to what I think is going on. The market manipulation is crazy, and what is going on right now, should not be happening in free markets. Obviously, some funny things are going on.....

With Gold and Silver, before the election the Fed is going to try and prop up the dollar. And as the dollar is propped up, get ready for Gold and Silver to fall over the next 90 days. I could be wrong, but I liquidated my gold position last week, and I liquidated 30% of my silver position. I expect gold and silver as well as oil to drop by 20% over the next 90 days (Minimum). There is a rule in these markets, and it is "Sell in May and go away." This is based on historical charts that these commodities will fall over the summer, only to come back hard in the fall and winter. I am listening to the facts on this one. The fed is going to try everything in its power to reinforce the dollar over the next couple of months.....now don't get me wrong....I might of made a stupid mistake if we attack Iran. If we attack Iran....I would sell on the huge price spike up.

All bets are off if we go into Iran. I pray we don't, and I am betting that we don't.

In the long term....and I am talking 2 to 3 years out...yes Silver and Gold are the best play. You will double or triple your fiat money with this play.......simple. But if you want to play the game a little closer, in my opinion......sell high, and re-buy on the dip. If the ECB cuts interest rates, then the dollar will come up, and all commodities will fall. It is simple.

My thoughts were this......I take my profits now, and will buy back in on the low (Late Aug or Sept). Picking the low will be tough.

I was buying at $600 in gold and at $11 on silver, and I thought it would be a good time to just pull a big amount off the table. And am ready to get back in, when I think a bottom is achieved. I could of screwed up...but this is what I am doing. I have read some people here that bought at $1000/$20 Gold/Silver crying they lost a fortune....but you only lose when you sell at a loss. If you are having a heart attack watching the price fluctuations from day to day, then I would advise you to get out. If you understand what "Long Term" means, and do not worry about these fluctuations, then stay for the ride of your life.

The Gold and Silver markets are manipulated right now 100%. These Precious Metals should be going through the roof right now, but they are not because of the powers that control them.

The fed is playing some pretty scary games. Inflation is at 12 to 17% right now and is loaning money at 2%??? Hmmm?? This will stop soon. If you own a home, and are financed at 6.5% or higher, I would advise you to refinance the home right now. Especially if you are in one of the BS adjustable rate loans. The current rates are around 5.5% for a 30 year fixed, and I would get it now while you can. The rate will be 10% or higher a couple years from now...so don't think it is going to go much lower. Lock it in NOW!!!

Ron Paul has explained it all in his new book. Buy it and live by it.
Ron Paul is heavily invested in gold and silver, and why would you not follow his lead?

Any extra $$$ you have, such as IRA's, 401k's etc....switch them all to gold and silver for the long term, and watch what happens. I hate ETF's, but if that is all you can do with retirement stuff....I would do it. Holding physical Gold or Silver Eagles is the best, but if your retirement will not allow this....then this is the next best thing.

This is my opinion.....and this is what I am doing.....so read this article, and then bookmark these sites to follow the real news.

http://www.321gold.com/ed...

Now, don't get me wrong.....some articles are extreme. I am not one of those that thinks we are going to be put in camps in the next few years....LOL. But I do believe in being informed.

Some great insight....

Great site for understanding markets...
http://www.safehaven.com/

Real news from around the world...
http://www.rawstory.com/

One of my favorite sites, because this guy gives exact unbiased commentary on the metals markets, and at the bottom right, links to all of the good metal sites.

http://www.silveraxis.com...

I hope this helps some people. I have no gain from telling you this....just trying to help.

Also.....remember....the best investment you could make right now, over the long haul will be silver. Buy as many Silver Eagles as you can afford over time. Just buy, and buy, and over the years, just do a price average of what you paid. I think you will thank me.

Anything below $25 an ounce is cheap. This is a way better play then gold in my opinion. I will bet that silver will be $50 an ounce by 2011, which is only 31 months away. So if you pay $17, $19, $24 an ounce who cares....just have it. Some are saying $200 an ounce. I don't see that.....but that would be great??? But the problem is...if silver and gold have gone up this much, what is the dollar worth...... $.01 cent.

Make your own choices for the future....but ask yourself this question? Will silver be $17 an ounce in 2.5 years? Yes or no?

Hope this helped somebody!