Rob McEwen continues:

“I take the stance that there is more money being printed by, not only the Federal Reserve, but all of the governments of the Western world because they are adopting the path of least resistance politically.  That is to print money, rather than confronting the debt we have in the system that need to be eradicated. 

Whenever you have seen that throughout history, when the government decides to debase the currency, people go to the hard assets, the proven performers, such as gold and silver, as a way of protecting their wealth.  And we haven’t seen that yet. 

Just a small part of the population is putting money there.  But when they do (rush in), you will see a very large run.  This is definitely a great entry point (for mining shares), in my mind.  We could well be seeing the end of those low prices, (meaning) much higher prices in the future.

And it’s really a mix of your portfolio because most people aren’t going to all in to one area.  I may be a little unusual in that I’m taking a tact that I see a place where you’ll want liquidity in the marketplace and so you want gold bullion and you want gold stocks.

But I see the course we’re on is going to lead to inflation and that’s going to lead to big problems for a lot of people.... 

Continue reading the Rob McEwen interview below...


To hear legendary company builder Rob McEwen, original Founder of

Goldcorp discuss which company he invested $50 million

of his own money in and why click on the logo:

“So you want to have something that’s going to move with inflation and that will protect you from the ravages of inflation and that’s where I say you go into gold.

I see it (gold) continuing its climb upwards.  At the end of ’11 it got hit and I think it was primarily due to profit-taking.  People were looking for liquidity and gold had driven some of the biggest gains and it was an easy investment to take your profits in.  The question is going to be asked, ‘Where do I put my money?  How do I protect my capital?‘  And that’s where gold shines very brightly.

They (gold & silver) are gathering strength.  They are building.  They are going to take a run, particularly gold is going to take a run at that $2,000 number this year, and then it start’s moving.”

When asked about silver specifically, McEwen stated, “Well, I was just thinking about silver.  It does have an industrial component to it, but there is a growing demand.  It’s just easier to get into, there’s a lower price point.  That’s why I see silver being an exciting area to have exposure.  It (silver) could (eventually) be from $150 to $300.”

When asked about people losing faith in the system, McEwen responded, “Absolutely, they are looking at the numbers that are coming out, being issued by governments around the world and they are wondering if they are correct.  We have low rates of inflation, but you can see the price of food has gone up, the price of fuel has gone up, energy.  They aren’t jiving.  People are saying, ‘Someone is not telling me the truth and so I better take matters into my own hands and look out for myself because my government isn’t.’  That’s true throughout the Western world.”

This interview is a must hear as one of the legends in the business lets King World News listeners globally know exactly where we are and what to look for going forward in the gold and silver bull markets. The KWN interview with Rob McEwen is available now and you can listen to it by CLICKING HERE.

© 2012 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

Eric King

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© 2012 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

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