Friday, May 14, 2010

Watch out for GLD pretending to be GOLD

GLD vs GOLD


May 14, 2010Watch out for that GLD, it isn't really GOLD.

Read the prospectus on the ETF, I believe they hold 10%...I am not sure I even trust that as an accurate number.

Physical is the only way to protect yourself form the Banksters Paper Games.
Yes, it is a game of musical chairs...

Paper gold is NOT physical gold!
If it isn't in your hands, then you don't own it.

Euro vs Dollar

May 14, 2010FBNs Robert Gray on the euro falling to 18-month lows and Tivo shares plunging after a federal ruling over a patent.


Bob Chapman : Gold Is A Good Bet When Sovereign Nations Are Imploding

Get physical gold, real shortages in physical metals affect market activities in strange and interesting ways, pressure on Goldman Sachs in time for the election, hand slaps for the destroyers of economies, paper interests are folly, metals due for a moon shot...

There are only two kinds of gold and silver to own. Physical gold and silver that are located above the ground and that are also in your possession (which can be owned via coins, bullion, jewelry, etc.), and physical gold and silver that is located below the ground (which can be owned through producer shares which represent an ownership interest in the ore containing the raw and unprocessed metals). That is because while owners of bogus paper interests in above-ground gold and silver such as ETF shares, COMEX and LBME contracts, mint certificates and OTC derivative contracts in gold and silver are subject to fraudulent claims of ownership, storage, possession, inventory levels, security issues, insurance issues and metal content, those who take physical possession of their above-ground gold and silver need only worry about security and insurance issues (easily resolved with a private safe/secret hiding place and a call to your insurance carrier) and the metal content of their physical gold and silver, which metal content is really only a concern for the larger bars of gold bullion which recent events reveal might be "tungsten-salted." One further concern is honesty and fair dealing in making purchases outside of any exchange through dealers. We can provide you with a list of dealers on request who will treat you fairly so you can buy your metals at a fair price in types and quantities that are right for your situation. Liquidity of physical metals in your possession is not a problem, although it requires more effort to liquidate than doing transactions on an exchange accessible via your computer. Don't get lazy - buy physical!
read more >>>

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

3 UK Stocks that Could Pop

UK-listed mining firm Xstrata looks

























Make Room for Gold or Silver in Your Portfolio

Gold or silver ought to be part of everyone\'s portfolio as a hedge or insurance policy, says Puru Saxena, chief executive of Puru Saxena Wealth Management. He speaks with CNBC\'s Anna Edwards and Chloe Cho on the best time to invest in the precious metals.



























Uncertainty Pushes up Gold Prices

Victor Shum, senior principal with Purvin & Gertz, says that as uncertainty weighs, investors are holding back from buying oil and instead flocking to gold. He speaks to CNBC\'s Oriel Morrison and Sri Jegarajah about where the demand for oil is coming from.





























Uncertainty Pushes up Gold Prices

Victor Shum, senior principal with Purvin & Gertz, says that as uncertainty weighs, investors are holding back from buying oil and instead flocking to gold. He speaks to CNBC\'s Oriel Morrison and Sri Jegarajah about where the demand for oil is coming from.





























Gold Stocks vs. Gold Bullion

Colin Whitehead, senior analyst with Fat Prophets, says gold stocks tend to overreact on the downside to market movements. He makes the case for why gold bullion is a safer investment with CNBC’s Oriel Morrison.












Retail Stocks to Watch

FBNs Robert Gray on Googles CEO saying its position in China is stable and April retail sales rising 0.4%.


Abu Dhabi Hotel Offers Gold-Bars From ATM at Market Rate

May 14 (Bloomberg) -- Bloomberg's Olivia Sterns reports on a gold-bar dispensing machine at an Abu Dhabi hotel.

DAILY NEWS ON BOOZE