“Woe to the land whose king is a child and whose leaders are already drunk in the morning. Happy the land whose king is a nobleman, and whose leaders work hard before they feast and drink, and then only to strengthen themselves for the tasks ahead”. (Eccl 10: 16-17)


"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat


Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput


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Friday, April 15, 2011

The "Silver Surfer" rides the waves of investor favor

The following story from the Wall Street Journal's blog, The Source, notes the strong performance of silver and is a good read.

Silver Nabs Gold’s Crown


  • Despite both metals hitting fresh record highs Friday, silver has once again stolen gold’s crown.

    You can read the entire story by clicking here:
    http://blogs.wsj.com/source/2011/04/15/silver-nabs-golds-crown/

    4 comments:

    1. 1. First.

      2. Not sure whether an end of QE (if there is any that is) would make such a big difference. Still, the fundamentals and the debt problem would still be there.

      ReplyDelete
    2. Wonder when PM stocks will follow the metals? I thought HUI and XAU would be performing better and reaching new highs with the move up in Gold and Silver???

      ReplyDelete
    3. @ Lord Stanley.

      We're all waiting for the hedge funds to unwound their short miners position. Have faith...hold and BTFD.

      ReplyDelete
    4. these are links to articles that show the mainstream press is not covering this properly.
      http://www.la-razon.com/version.php?ArticleId=128697&EditionId=2499
      and
      http://peruanista.wordpress.com/2011/03/28/presidential-elections-in-peru-ollanta-humala-is-the-front-runner/

      on this blog you can also see a news crew film of riots in Mollendo, Peru.

      ReplyDelete

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