We’re Seeing History Being Made In The Gold & Silver Markets
August 15, 2013
On the heels of continued volatility in key global markets, today 40-year veteran, Robert Fitzwilson, put together another tremendous piece. Fitzwilson, who is founder of The Portola Group, stated that we are seeing history being made right now in the gold and silver markets. Below is Fitzwilson’s outstanding and exclusive piece.
By Robert Fitzwilson of The Portola Group
August 14 (King World News) – “Price & Value In The Gold, Silver and Mining Shares Markets”
If someone offered you $10 for your car, you would most likely be insulted at such a ridiculously low price. The obvious reason is that the value of the car is many thousands of dollars greater than the offer. Let’s assume, however, that it was the only price being bid for your car. In today’s world of instant financial journalism and the Internet, word would spread that the price of cars had plummeted to $10.
Holders of loans against cars that had been financed would panic….