Tuesday, August 10, 2010

BP carpet bombed Gulf with dispersants

CNN--August 01, 2010--New documents indicate BP went overboard in using chemicals to break up oil. CNN's Reynolds Wolf reports.

The Historic Gold Silver Ratio

The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.

Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.

More Oil Soaked Turtles Being Caught Than Ever Before

August 10, 2010 CNN

Nicholas Brooks : Why Investors Buy Gold

Nicholas Brooks, head of research and investment strategy for ETF Securities, reveals why investors are coming back into the gold market.

Richard Suttmeier : Housing Prices to Drop another 30% by 2014

Niagra International Capital's Richard Suttmeier argues home prices will fall 30% by 2014.

Bob Chapman : Gold and Silver are the only thing left that has intrinsic value

Bob Chapman on Discount Gold and Silver Trading 09 Aug 2010

Bob Chapman : every market is rigged , only gold and silver assets are real wealth....
Bob Chapman : Gold and Silver are the only thing left that has intrinsic value



Mr. Robert 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.

Bob Chapman : The green shoots of recovery have now turned into poison ivy

Bob Chapman : “The green shoots of recovery have now turned into poison ivy. The abyss has again been filled with more debt and more fiat currency. In the process the Fed and now the ECB have lost all credibility.”
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