The Upside for Gold and Silver Will Knock Your Socks Off – Embry

Mineweb reported on analyst John Embry’s claim that surging gold and silver prices indicate an unsustainable global debt situation.

The market news is quoted as saying:

While this rather bleak scenario does not bode well for the financial system as a whole, gold’s performance over time [as well as that of silver] is likely to “knock your socks off”, Embry says. But, he adds, especially after this latest move, he would prefer to see a correction in prices before that happens.

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Silver Offers Greater Upside Than Gold: Experts

CNBC News reported on the potential for silver as an investment alternative to gold.

The market news is quoted as saying:

Although silver prices collapsed in late April and early May following margin hikes, Gavin Wendt, Senior Resources Analyst at Mine Life thinks the metal is likely to outperform gold over the next 6 months.

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