An Article on Gold and Silver posted online on Sep 09
Puru Saxena, founder of Puru Saxena Wealth Management, expressed his opinions on gold and silver in an article he contributed to The Daily Reckoning (a financial newsletter founded by the co-producer of the documentary I.O.U.S.A. that we recommend to you earlier).
He discussed the current global economy and what he drew from history as well as commented on the recent gold prices and how our future seems to head for inflation.
Quoting him, “As far as silver is concerned, it has always been a high-beta play on the direction of gold. If the next up leg in gold’s bull-market materialises, the price of silver will also head towards the heavens. Accordingly, investors may also want to allocate a portion of their investment portfolio to silver bullion and silver producing companies.”
Read all about his views on the trend on gold and silver.