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Old 05-23-2006, 11:40 PM
GoldNugget GoldNugget is offline
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Default Ted Butler Commentary - Time to Load the Boat with Silver

Here is an interesting inverview with Ted Butler.

http://www.investmentrarities.com/05-23-06.html

Here are some interesting snipets:

Quote:
Butler: Silver should continue to match or outpace gold, as it has for the past few years. But if things play out as I expect, silver will greatly outpace gold over the next few years. If I’m correct, the results could be spectacular. And the kicker is that the gold investor who follows my advice should end up with more gold in the end.

Cook: How’s that?

Butler: Those who switch some of their gold to silver now will be able to someday sell the silver and use those proceeds to buy more gold than they originally sold.
Quote:
Butler: Silver is consumed, not hoarded. Silver is an industrial necessity, like oil, copper or zinc, while gold is a luxury item. World governments, the arch enemies of higher gold prices, still hold massive quantities that they can sell to hold down the price. They own just about nothing in silver. There’s a lot more gold around than silver, especially in dollar terms.
Quote:
Butler: I’ll be surprised if we don’t add a pretty quick $5+, but longer term, I still think the price rise will be astounding.
Quote:
Butler: This is the time and these are the circumstances to load the boat.
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