Wednesday, September 29, 2010

Robert Kiyosaki on Buying Gold to Protect against Inflation

How do you turn the financial crisis into your financial success? The value of paper money is going down. In five years, paper money may be valueless. Nowadays, there is unlimited printing of paper money. Countries are going bankrupt, and we may soon face a serious inflation problem in the US and Europe, just like some countries already are living. We're in a debt based economy.
Savings accounts give no security. He has the gold has money.
Gold has kept its value for over 3600 years. Would you rather have suitcase of printed dollars, or a suitcase of gold?

There is no Gold at Fort Knox - Craig Hulet

Craig Hulet on Coast to Coast AM Sept 06 2010 : there is no Gold at Fort Knox

Craig B Hulet was both speech writer and Special Assistant for Special Projects to Congressman Jack Metcalf (Retired). He has been a consultant to federal law enforcement ATF&E of Justice/Homeland Security for over 20 years. Hulet served in Vietnam 1969-70, 101st Airborne, C Troop 2/17th Air Cav and graduated 3rd in his class at Aberdeen Proving Grounds Ordnance School MOS 45J20 Weapons. He remains a paid analyst and consultant in various areas of geopolitical, business and security issues.
Foreign policy analyst Craig B. Hulet discussed new rulings by the US government that infringe on people's privacy under the guise of the "War on Terror." In a recent incident, law enforcement placed a GPS tracking device on a person's vehicle, without a warrant. The court ruled that this was legal because the person's home wasn't gated off from the public, he reported. In another case, a woman was arrested and convicted for videotaping police making an arrest of her neighbor, he detailed. We're seeing that "more and more courts are ruling in favor of violations of our fundamental rights," especially our right to privacy, said Hulet.

Body scans at airports, and other locations are actually being kept on file, when initially people were told this wouldn't be done, he noted, adding that such scans are even being done through vans on the streets. "Once a government has been given a certain amount of power, it always seeks more," he cautioned. Unmanned drones are now being employed for surveillance on the US southern border, and Hulet suggested that it's just a matter of time before such drones are flying over major American cities. In the post 9-11 world, Americans have increasingly traded their liberty for security, he lamented.
via Coasttocoastam.com >>>

Frank Holmes Gold Absolutely Still a Buy: Metal Will Double in 5 Years

source : http://www.youtube.com/watch?v=q5FHrFXhuBs
Gold jumped back above $1300 per ounce Tuesday morning and "absolutely" has more upside ahead, according to Frank Holmes, CEO and CIO of U.S. Global Investors, which has about $2.6 billion of assets.

Despite all the hype about its multi-year rally, gold is actually lagging many other commodities in that it hasn't yet eclipsed its 1980 high on an inflation-adjusted basis, Holmes says, noting the same is true of silver.

"If we were to go through those 1980 [inflation-] adjusted prices, gold would be at $2300 per ounce today," he says, calling that a "fair" target for the metal.

There is no bubble" in gold, Holmes says, declaring "it's a pretty easy layup that gold can double" from here over the next 5 years.

Holmes, who co-manages U.S. Global's Gold & Precious Metals Fund and World Precious Minerals Fund, cites the following to justify his bullish outlook:

Growth in Global Money Supply: Government efforts to fight the credit crisis have included huge spending and debt guarantee programs, resulting in greater supply but less confidence in "paper money." (On Tuesday, the Dollar Index fell to its lowest level since early February as weak U.S. economic data point to more efforts by the Fed to "reflate" the economy via quantitative easing.)

Emerging Middle Class: The big difference between gold's current run and the bull market of the 1970's is the "economic footprint" of emerging market economies, most notably India and China, Holmes says. "Forty percent of the world's population believe in gold and give gold as gifts" -- and have the money to buy them in increasing numbers.

The Big Dumb Money: "All the pension funds, all the endowment [funds] aren't running into gold...yet," Holmes says, noting those investors "piled into" tech in 2000 and private equity funds in 2006. Meanwhile, European Central Banks have dramatically slowed their gold sales and could become buyers in the years ahead.

Alchemy vs. Reality: Gold skeptics often note that almost every ounce of gold ever mined remains in existence. That may be true, but Holmes says new supply is on the wane, suggesting it's "easier to invent a new technology" than find a 10 million ounce deposit. And if you were to discover such a bonanza, you'd have to incur huge infrastructure costs and meet rising regulatory hurdles to get the 'yellow metal' out of the ground.

Of course, you should question anything that looks like a "can't lose" investment - and bulls say gold wins whether the economy is hit by deflation or inflation. But gold has defied its skeptics for a decade and shows no sign of letting up now.

NASA and NSF-Funded Research Finds First Potentially Habitable Exoplanet (29/9/2010)

First "Goldilocks" Exoplanet Discovered by NASA-funded Researchers

A team of planet hunters led by astronomers at the University of California (UC), Santa Cruz and the Carnegie Institution of Washington has announced the discovery of a planet orbiting a nearby star, Gliese 581, at a distance that places it squarely in the middle of the star's "habitable zone." This would be the most Earth-like exoplanet and the first truly habitable one yet discovered. The research was supported by grants from NASA and the National Science Foundation. "Goldilocks" refers to an exoplanet whose temperatures are "not too cold, not too hot, but just right" to maintain water and support Earth-like life.

US scientists find potentially habitable planet near Earth- http://news.yahoo.com/s/afp/20100929/...

Is this the new Earth? Astronomers discover planet just 20 light years away with similar atmosphere and gravity which could support life- http://www.dailymail.co.uk/sciencetec...

NASA and NSF-Funded Research Finds First Potentially Habitable Exoplanet- http://www.nasa.gov/topics/universe/f...

Earth-like Planet Discoveries on the Horizon (8/1/2010)- http://www.digitaljournal.com/article...

Earth's Twin Planet Will Be Found By The End Of The Year, leading Astronomer says (26/1/2010)- http://www.dailymail.co.uk/sciencetec...

Earth-like Planets HD (29/4/2010)- http://www.youtube.com/watch?v=-KhIM2...

Real life 'Avatar' moon waiting to be Found, Scientists Say- http://www.youtube.com/watch?v=I5I57g...

Is Discovering Alien Life Inevitable? (28/9/2010)- http://www.youtube.com/watch?v=cB8_49...

Odds of Life on Newfound Earth-Size Planet '100 Percent,' Astronomer Says- http://www.space.com/scienceastronomy...

JPMorgan Foreclosure Problems

Sept. 29 2010 | CNBC's Diana Olick has the details on JPMorgan following GMAC Ally in re-examining documents in current foreclosure proceedings.

Bob Chapman : Gold is the Biggest bull Market in the History of Markets

John Stadtmiller Sept 28 2010- Jeff Bennett,Bob Chapman- Roundtable

Bob Chapman : Gold is the Biggest bull Market in the History of Markets

John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.

NOTE: John Stadtmiller is recuperating from surgery. Jeff Bennett fills in again John Stadtmiller tonight. It is Jeff, Bob Chapman and the callers for the entire roundtable.......(Or maybe a half a round table?)...From what I heard, it was a interesting broadcast...

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John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.

John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!

Gold to go Vending Machines coming to the US

Gold Prices Hit Record High

Gold to go Vending Machines coming to the US . Is gold still a good place to park your cash?

Wall Street Bonus Watch

Sept. 29 2010 | Should Wall Street rein in bonuses this year, considering a number of them received help from the Federal government? Brandon Rees, of the AFL-CIO, and John Singer, a securities lawyer, share their views.

The International Forecaster September 2010 - Gold, Silver, Economy

By: Bob Chapman, The International Forecaster

The following are some snippets from the most recent issue of the International Forecaster. For the full 34 page issue, please see subscription information below.

US MARKETS

It is interesting to watch Wall Street defy reality. This is a scene we’ve observed since the early 1960s, the effect of debt on the economy and the nation and in turn on its currency. The result of the profligacy over all those years is the biggest bull market in history in gold and silver. As we write gold is toying with $1,300 and silver with $21.50. Each day a new high is reached in spite of a pending options expiration and the perpetual market rigging and manipulation by the US government.

One of the things that astound us is that few professionals have seen this coming over the past 10-1/2 years, and even those that do believe do not think this is an earth-shaking event. What we are about to experience is an event that only occurs every 300 to 500 years. All we can imagine is that they have a very limited perspective of history and particularly economic and financial history.
read more >>>>

Gold Reaches Another Record

Trading Advantage President Larry Levin on why investors are flocking to gold.

If Extraterrestrials Are Here, Governments Have Nothing To Gain By Admitting That!

September 29, 2010 CNN

Bill Murphy: The Gold Price Explosion Is Still Ahead Of Us

Bill Murphy, GATA Chairman (source : www.radio.goldseek.com )
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.

To Visit The Website, Please Click Here.