Saturday, January 15, 2011

Silver book author Mike Maloney says cash is trash in currency turmoil

Posted on 14 January 2011 with 1 comment from readers
Author of the ‘Guide to Investing in Gold and Silver’ Mike Maloney thinks investors ought to be making a much bigger portfolio allocation to precious metals as government’s debase their currencies, and that cash is trash in this environment.
He says this is the safest place to put your wealth in this moment of turmoil, and a way to make fantastic gains. Silver has already doubled in value since Maloney wrote his book, albeit with considerable volatility to test investor nerves. It is worth bearing with the rather annoying music in this video to hear the full story…

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