Quick update: European debt crisis; is US dollar a safe haven?

Here is what Peter Schiff [CEO of Euro Pacific Capital] had to say about this:

"Once again, the mainstream narrative is that the real danger is in Europe and therefore the US offers a safe haven. This has caused a stampede out of the euros and into dollars. But as we've seen over the last few years, the euro and dollar can decline simultaneously - and will continue to do so as more and more investors realize that the real safe haven is gold."

"For smart investors, dollar strength caused by euro fears is simply an opportunity to buy contra-dollar assets on the cheap. Yes, I believe sub- $30 silver and sub- $1600 gold are still cheap for what's ahead. And with 2012 forecasts of $2,200 by Morgan Stanley, $2,050 by UBS, and $2,000 by Barclays, it appears I'm not alone.

To read more, here is the FULL ARTICLE


If you are interested in GOLD, then perhaps your should notice SILVER. Here is what, James Turk [Founder & Chairman of Goldmoney.com] had to say about Silver from his interview with Eric King;

James Turk - Gold is great, but Silver is the next Apple


To learn more about Silver investing, follow my blog; silverreport.blogspot.com