Sunday, 8 May 2011

Hathaway - Gold & Silver to Explode Again After Consolidation

“I think people go crazy over these price changes and I understand that.  I understand how it affects the psyche and all that, but the idea is you have physical (metal), it’s an asset.  Whatever it’s valued at one day to another in paper money is irrelevant, you don’t price your house every day.”

"The long-term fundamentals for silver are no different at $35 than they were at $45 and what they were at $15.  It’s a hard idea to get across, but I think people get too wrapped up in current price action.”

- John Hathaway via a King World News Interview

Read the full interview here: