Friday, June 12, 2009

OMG BUY GOLD, BUY, BUY, BUY!

Gold is on a temporary downswing, down today to $938.60 an ounce. Silver is also a great buy, down today to $14.81 an ounce.

This is due to a phony dollar rally that is occuring.

Why would the U.S. dollar be strengthening? This makes no sense. The Fed is devaluing the dollar faster than chuck norris could kick your head off. But this phony rally is opening up a great opportunity!

Buy gold and silver bullion NOW.

Buy gold and silver mining stocks like DROOY trading at 8.15 a share, and AUY at 9.50.

For more conservative plays, buy GLD & SLV.

I could be wrong, but I sincerely doubt it.

I hope to god that the dollar collapse will not happen, but if history is any judge, it will. And with the leveraging that occurs with gold and silver mining stocks, you could well profit from it, or at the very least, preserve the purchasing power of your savings.