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Interview with "Ranting" Andy Hoffman--The Latest Gold Takedown--12-13-2011

  • Broadcast in Finance
Financial Survival Network

Financial Survival Network


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Ranting Andy Hoffman is back on the show to discuss the most recent attack by "Da Boyz" in an attempt to convince the populace that everything is fine and that nothing can go wrong. However, even while the price of precious metals appears to go down, there is no evidence of any physical gold and silver holders are paying any heed. They are holding on to their metals caches and even using the brief dip as an opportunity to load up on more. Perhaps they know something that the rest of the population doesn't. 

As Andy stated, there is a twelve year trend of increasing precious metals prices. Nothing that has taken place in the last two days has done anything to make any metals investors believe the sky is falling. Silver is being consumed at a rapid rate. Not enough is being produced to make up for the deficit. That sterling silver flatware that you once got as a wedding gift from your dicey in-laws, could one day be your financial salvation. Time will tell.

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