Ned Schmidt asks, why buy Apple when you can own gold? For the past 10 years the stock market has been the place to be. Oversized returns have crowded out most other investments or speculations. That situation appears to be changing. Gold just broke the critical $1300 mark and to Ned that means let the good times roll. Silver won’t be too far behind as it’s about to break the $16 mark. Ag commodities have also been ignored. Ned believes that the Indian population’s appetite for more calories is just taking off. A few hundred calories per day more added to the average Indian diet will lead to a massive increase in commodities/food demand. Ned thinks it won’t be too long in coming.
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.