Gold price at a five weeks high

The Gold price closed today on the rise for the fifth session in a row. The futures maturing in April NYMEX gained 0,3% to $1.388,60 an ounce. It was from last January 13 that the gold price did not reach these levels. The price of yellow metal benefited from the unrest in the Middle east and from the weakness of the dollar . Today in many countries in the Middle East there were protests and violent clashes. Egypt agreed to let Iranian warships pass through the Suez Canal , The risk of a confrontation with Israel, which called Tehran's move a "provocation ", has increased the appeal of gold to investors.More and more investors are therefore increasing their positions in gold, the ultimate safe haven.

Silver price at a 30 years high

The price of an ounce of silver reached a thirty years high on the international markets today. The metal for delivery in March 'jumped to $ 32.66 an ounce at the Comex in New York The highest since 1980 ,the demand for silver also is the highest of all time, and is expected to continue to grow. Silver which is also an industrial metal is used for industrial purposes such as the production of solar panels and medical equipment. Analysts expect further price increase . There are rumors (but lacking official confirmation) that trade is concentrated in "strong hands" of the institutional players, and it would be advisable for retail investors to wait for a bearish correction.
In the past year alone the price has increased from 16.82 (closing of 31.12.2009) to 30.83 (closed 31.12.2010) an increase of 83.29% on an annual basis.

The statistics contained in the Silver Yearbook in 2009 indicate that the metal has attracted net investments of 209.7 million ounces, a number exceeded only in 1980, when it reached 222.2 million ounces, and also estimated in 1968, with 226 million. In 2010, CPM Group forecasts that it will reach 213.9 million, with a significant contribution from numismatics. In 2009, sales of silver reached a record high (35 million ounces) in January and the application of an ounce coins minted by the U.S. Mint was the highest since 1987.

Donald Trump Iraq Oil should be ours

From The Desk Of Donald Trump 2/17/11
Donald Trump : "People do not realize that Iraq after Saudi Arabia has the greatest oil reserves in the world , 15 trillion dollars worth of oil , Iran just wants that so badly , I have been saying that for long time they're going to go and get it , so may be we should take it , why give it to them , we are over there , may be we should take that oil , when this whole thing started everybody said we only in it for the oil , the fact is our leaders were too stupid to think that way , people thought that way but the leaders were too stupid to think that way , if we're only in it for the oil let's be in it for the oil may be before we leave Iraq we should take the oil ...during a recent speech I made a statement why should we secure and bring great safety to all of these very wealthy nations that rip us off consistently as an example South Korea and others and not gonna pay for it ? why are we their security guard , we should use our military and frankly make a lot of money with our military we have the greatest military in the world we have the greatests soldiers in the world we are not them the soldiers they're really acting as a police force we go in we won the war in one day and the rest of the time we are nothing but policemen and by the way it's police men that will never gonna work ...If we protect a nation they have to us for that protection ..."

Gold Prices More Likely to Rise Than Fall says Nick Holland,

Nick Holland, chief executive officer of Gold Fields Ltd., talks about the outlook for the price of gold.He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)

Rich Dad Robert Kiyosaki Silver is Being Depleted

Robert Kiyosaki tells what happens when the government gets out of control printing money and why silver is the best hedge against this.

Silver price at a New Thirty Year high

NEW YORK (TheStreet) - - Silver's lower cost makes it easier to trade than gold, causing higher pirces and more activity says Lou Grasso of Millenium Futures





Lou Grasso....:.....gold is up about eighty dollars so was up about five dollars that five dollars represents almost 20% increase in silver. In the last two and a half weeks. Over that you know this -- because a lot easier for the involve markets cheaper. It's much easier I just discuss with somebody your friend of mine the other day want to get involved -- And I -- god one day a week don't go off to dinner to go out four days a week. Or four days a month. One day don't go out take that hundred dollars a 150 dollars by four -- five points with -- and in the long run you'll build a big decision and of silver goes up that's greatly you've got a nice investment. It's -- goes down do we just gonna wasted on dinner ready .....

Silver Sky Rockets, Masses Begin To Dump Silver

Silver Sky Rockets, Masses Begin To Dump Silver , Keep your silver as long as you can, it is going up..up...up! Eagles are very desirable. I would say there is a three dollar spread between Eagles and rounds. I always buy my silver in Eagles and 90% US coin nothing else. And never over 1oz you can keep the larger quantities, they too often sell at discounts. One hundred ounce bars can be as weak as 90%. I would rather have 100 Eagles.




GM did not get broken by the unions.. GM got broken because they took all the profit out of the company instead of putting money back into the company to inprove quality.. if u r old enough to remember what cars were like before the latest generation of cars u would know why US market share drop like a brick ..they abandoned the family car and made gas guzzling SUVs and huge trucks..it was of their own making..the lies about union pay etc is just that lies from the corporate lobby

Gold at a 5 Week high

Feb. 17 2011 | 2010 was the year for gold, but Erik Wytenus, Executive Director & Head of Commodities at J.P. Morgan Private Bank says 2011 will be the year for oil. He tells CNBC's Oriel Morrison why.

Market Breakdown

Feb. 17 2011 | Breaking down Thursday's market action with Tim Courtney of the Burns Advisory Group and Marc Harris of RBC Capital Markets.

The Commodities Markets and the implications of the middle East unrest

Feb. 17 2011 | CNBC's Sharon Epperson discusses the day's activity in the commodities markets, including conflicting reports about Iranian warships traveling through the Suez Canal and the military seizing the capital in Bahrain.

Silver Price $32.88, Demand Rising, Indian Silver ETFs, Buy Silver

Silver price had a high of $32.88 so far today. Silver bullion is still in great demand. Some Indian Banks are trying to launch a silver ETF due to the large success they had with the gold funds. The indians are still turning to silver bullion and silver jewelry as a more affordable alternative to buying gold.

The Indians favor silver and gold for their savings and investment. Buy silver.

Dollar is down today, and a currency crisis is still in our future. Dollar collapse would cause a full economic collapse in America. A flight to precious metals is taking place and will accelerate as more countries dump the dollar.

The Gold Trade : Gold moving Higher

Feb. 17 2011 | The gold rally is just getting started, according to Brian Stutland of Stutland Equities.

Outlook on Gold, with Richard Adkerson,

Feb. 18 2011 | An outlook on gold, with Richard Adkerson, Freeport McMoran Copper & Gold CEO.

Bob Chapman QE3 coming Inflation will skyrocket

Bob Chapman  on FFw/JB Radio Show (2/17/2011)

Bob Chapman , The International Forecaster discussed various issues during the first hour of the Thursday February 17, 2011 episode of the Freedom Files with James Burns Radio Show.

Bob Chapman - Gold 8000 and JPM - 02/2011

Bob Chapman - A Marines Disquisition: - Gold 8000 and JPM - 02/2011

AngloGold all set for vigorous unhedged new-era liftoff

South Africa's gold major AngloGold Ashanti is set for a vigorous hedge-free liftoff into a new era that will see it generate billions of dollars of free cash flow, jack up its output well beyond the 4,5-million ounces of gold a year and bring self-discovered low-cost ounces to market at a time of bullish gold price outlook.

Cameco eyes Chinese uranium needs

Canadian uranium miner Cameco expects to supply more uranium to China over time, and may even partner with Chinese groups on uranium exploration and mining