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Al and Rick Ackerman on the Perfect Storm For Precious Metals

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September 20, 2011


Al Korelin and Rick Ackerman discuss the day’s activities for Gold and Silver, and the implications that a Greek default might have on the markets.

Rick Ackerman is the editor of Rick’s Picks and a partner in Blue Fin Financial LLC, a commodity trading advisor. His detailed strategies for stocks, options, and indexes have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders.

Discussion
8 Comments
    Sep 20, 2011 20:42 PM

    Al, their is no audio.

      Sep 20, 2011 20:38 PM

      Hi again Larry,

      Well, I screwed up again. Hope that Sarah can teach this old dog some new tricks.

      Will be fixed shortly.

      You can also listen to it on Kitco’s homepage right now.

      Best,

      Big Al

        Sep 20, 2011 20:39 PM

        Well, I guess you can’t listen to it on Kitco right now. Will have this fixed shortly.

        Best,

        Big Al

    Sep 20, 2011 20:55 PM

    Hi Al,

    Did you say the US$ is down 8 cents today

    Thank you Joe

    Sep 20, 2011 20:15 PM

    Hi Guys,
    Here is a link concerning the rise in suicides in Greece. This is a very very sad situation and story.
    http://www.midasletter.com/index.php/suicides-double-in-greece-on-austerity/
    God Bless and have mercy on their soul
    Joe

    Sep 20, 2011 20:43 PM

    Question for Big Al:
    I wonder if you know off hand, if any gold producers are holding back any production? As I recall, Rob McEwen used to hold back 10% of Goldcorp’s production when he was CEO.

    I’d like to see the bigger miners pay out dividends of 5%, but failing that, at least hold back some gold for higher prices. What do you think?

    I appreciate this site and all the info available here … and the well mannered participants as well 🙂

    […] Korelin and Rick Ackerman discuss the day’s activities for Gold and Silver, and the implications that a Greek default might have on the markets. Cancel […]

    Sep 21, 2011 21:48 AM

    HI All. Just heard on U.K. news Bank of England , to start Q.E. in the next few weeks, also they are talking about cuting interest rates , which at the moment is half of 1% My advice to everyone is pull your cash out of the banks , lets starve the BA£&$RDS.