Thursday, September 23, 2010

Gold and silver can go up in BOTH a deflation AND inflation

Mike Maloney, author of the popular book Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future says silver rising to $100 per ounce is a "no brainer". He first predicts a deflationary crash (and even $10/barrel crude oil) FIRST based on head and shoulders patterns seen in the S&P 500 and various other world stock market indexes. Finally though, hyperinflation will appear, per Maloney. In either case, Mr. Maloney predicts that gold and silver will both rise regardless.