Thursday, April 8, 2010

U.S. Stocks Rise as Retail Sales Offsets Greece Concerns

As The Financials go so goes the Market


April 8 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks rose for the seventh time in nine days as retailers rallied on faster-than-estimated sales growth, helping the market recover from an early slump triggered by concern over Greeces debt crisis. Bloomberg Television contributing editor Keith McCullough also speaks. (Source: Bloomberg)


James Turk on The gold and silver price manipulation and The Andrew Maguire case

James Turk - Goldseek Radio Nugget - 04-07-10


James Turk on Goldseek Radio dated April 7th, 2010. James discusses the recent hearing on gold and silver price manipulation before the CFTC. Also talks about where he thinks the gold and silver price are headed. James Turk is the author of The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets




Gold New All Time High - Will Rhind, head of US operations for ETF Securities

NEW YORK (TheStreet) - Will Rhind, head of US operations for ETF Securities, says although gold prices are flat lining in U.S. dollars, prices are hitting all-time highs in euro terms.

Gold prices need to overcome several resistance areas before it can reach its all-time high

NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, says gold prices need to overcome several resistance areas before the precious metal can reach its all-time high.


The bad effects of a strong dollar on exports.

NEW YORK (TheStreet) - - Alan Valdes of Kabrik Trading points out the bad effects of a strong dollar on exports.


Refiner Demand Likely to Drive Oil Prices Says Morse

Refiner Demand Likely to Drive Oil Prices

April 8 (Bloomberg) -- Edward Morse, head of commodities research at Credit Suisse, talks with Bloomberg's Carol Massar and Matt Miller about the outlook for oil prices and demand. (Source: Bloomberg)



Nova Scotia Bank vaults found Empty of the Gold and Silver bars they Claimed to have

"There are now reports that Lenny Organ, the son of Harvey Organ (who recently testified at the CFTC gold and silver position limit hearings), was able to enter the vault of ScotiaMocatta (Canada's only bullion bank vault) and see that shockingly, it contained roughly 60,000 ounces of silver and gold that he estimated as being worth approximately $100 million. Considering that the Royal Mint of Canada sold over $1 billion worth of gold in 2008 alone and many purchasers choose the convenience of vault storage and a paper certificate over physical delivery, the amount of gold stored in the vault appeared by Lenny to be exceptionally low." several sources reported recently citing inflation.us as the source
Bob Chapman elaborates on this new piece of news from Canada that the Bank of Nova Scotia vaults were found with a lot less physical gold and silver in their vaults than what they are selling and have been selling for years , Bob Chapman tells the story of his friend who worked at Fort Knox he confirms that the bars are there but not sure if they are real gold or just gold plated tungsten bars not sure who they belong to either , they are supposedly holding Germany's gold there explains Bob Chapman The international forecaster , the story of Andrew McGuire is true confirms bob Chapman the Treasury and the FED have started manipulating the gold and silver prices since 1967


Mr. Chapman also known as The International Forecaster is a 74 years old. He was born in Boston, MA and attended Northeastern University majoring in business management. He spent three years in the U. S. Army Counterintelligence, mostly in Europe. He speaks German and French and is conversant in Spanish. He lived in Europe for six years, off and on, three years in Africa, a year in Canada and a year in the Bahamas.

Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
Bob Chapman : you got to remove these people from the government
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.

In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
Bob Chapman : do not expect the government to guarantee your bank account , it is bankrupt

Bill Murphy interviewed about The Gold Price Manipulation

Exposing Gold Price Manipulation



A Congressional hearing aims to expose a 10 year conspiracy of price manipulation in the gold and silver markets. Bill Murphy, chairman of the Gold Anti-Trust Action Committee says he has evidence that will expose the wrong-doings of the U.S. government and others. He explains to CNBC's Martin Soong & Karen Tso.





















Lihir Rejects Newcrest Bid

Lihir Gold has rejected an US$8.5 bn billion takeover offer from Newcrest Mining


Ron Cameron, senior analyst at Ord Minnett and Greg Canavan, editor of Sound Money - Sound Investments, weigh in on the deal, with CNBC's Amanda Drury & Sri Jegarajah










Lihir Gold Rejects Takeover Bid from Newcrest

Ross Garnaut, chairman of Lihir Gold says there were several reasons they rejected a takeover bid from Newcrest including a too small premium. He discusses the other reasons during a phone interview with CNBC's Oriel Morrison.










What is The Impact of a Stronger RMB on the Commodities Market

Clive McDonnell, regional strategist at BNP Paribas Securities talks with CNBC's Chloe Cho & Sri Jegarajah about the implications of a revalued yuan on the commodities markets.










Impact on China and Hong Kong of a Rising Yuan

Discussing the impact on China and Hong Kong if Beijing really allows the yuan to appreciate, with Peter Lai, director at DBS Vickers Securities, speaking with CNBC's Emily Chan.










Future of Oil Prices

Huw Williams, oil & gas analyst at Arden Partners feels that as OPEC is still over producing, oil prices will continue to drop. He talks about the sector with CNBC's Sri Jegarajah & Chloe Cho.










Charting Forex and Gold

Phil Roberts from Barclays Capital takes a technical look at the U.S. dollar versus the Canadian dollar, the U.S. dollar versus the yen and gold prices.










Investing in Retail Stocks

Jharonne Martis, of Thomson Reuters, and Jan Kniffen, of Jay Rogers Kniffen, share their best retail plays.










home Prices taking a hit again from rising foreclosure inventories

Housing Market Wobbles


Housing prices are taking a hit again, with CNBC's Diana Olick.











DAILY NEWS ON BOOZE