Monday, April 4, 2011

Bob Chapman on Gonob Radio 04 Apr 2011

Bob Chapman on Gonob Radio 04 Apr 2011
Bob Chapman : Ghaddafi of libya was planning to start destributing the oil revenues directly to the population that's probably one of the reasons he was attacked by NATO who do not want this to happen



Gold and Silver will head higher despite any upcoming rate hikes

Gold and Silver will head higher despite any upcoming rate hikes


Today gold climbing higher and silver at 30 years high again , this indicates that perhaps we are over bought in the metals says Phil Streible, senior market strategist at Lind-Waldock, anything above $38 , $39 level on silver is going to be overbought , gold prices look like a possibility of double top in $1440 area so there is a potential of a pullback on a short term over bought basis but long term it still looks pretty great , in order to see any changes in the long term we need to have fundamental changes , the technicals look very solid , but unless the FED comes out and starts to indicate that it is going to raise rates there is no stopping this market from going higher , we are higher today despite that ECB announced it is raising interest rates , Phil does not think that any interest hikes are going to stop the market at all

Silver price above $38 again today

Silver price above $38 again today


I think were already starting to see some shortages and delivery delays, as the economic downtrend continues and more people start seeking safe-haven investments like precious Metals -we will definitely see Silver supplies drying up quickly. in 1979-80 when Silver peaked around $50.00 (present day value would be $175.00 per ounce) there were lines outside coin shops with people wanting to buy as much $50.00 per ounce Silver as they could -and there was 100 times more Physical then!The Mint has been selling record amounts of Silver Eagles these first two months of 2011 and APMEX is the Largest buyer of Silver eagles in the Country, the premiums on Silver Eagles are still Very High in the secondary market, but when the next leg up in Silver starts, these will also disappear rapidly - Im not a Financial Expert, but I believe the Market will decide the price of Silver and Gold, yes it can fluctuate in Fiat Currency value, but, unlike paper IOU's, Gold and Silver have withstood the test of time -they have kept their value through Wars, Hyperinflation, Depression, Government Instability, Market Crashes, ETC. NO Fiat currency has survived over the long term. Thanks for your comments. Keep on stackin

Robert Kiyosaki : Investing Is not Risky

How To Get Ahead Financially by Robert Kiyosaki "The Cash Flow Quadrant", ...if you want to be a professional investor you have to understand that markets go up and down says Rich Dad Robert Kiyosaki , Investing is not risky , being financially not sophisticated not educated and taking advise from people who also believe investing is risky is the riskiest part of investing and that what makes the Rich dad company different
You can ask for loans to buy investments, and make the investments pay the monthly fee. That's what Rich Dad calls "Other People's money". Of course, there's always the down payment. Otherwise, monthly payments can kill your cash flow.


Money can be used in doing good. Practically, we use it in daily life like buying food, clothes, etc. What is prohibited is the LOVE OF MONEY.

Gold and Silver to Soar says Hans Goetti

Gold and silver will soar as long as central banks continue to expand their liquidity programs QE1 and QE2 .Hans Goetti, believes that it is likely that we are going to get QE3 when QE2 will expire by the middle of the year , we all know that QE2 was essentially the reason why the stock market rose from august until now in basically one straight line he says we also know that commodity prices went up sharply gasoline prices went up sharply and so on and if QE2 ends who is going to buy all these treasury bonds who is going support the stock market , what probably could happen we could see a stock market pull back and possibly a pressure to do something , we could see a renewed weakness in the economy by the end of the year he explains ....Hans Goetti is bullish on gold and continues to be bullish on gold as long as the banks continue to expand their liquidity at the rate they are doing , currency debasement is topic number one when it comes to precious metals inflationary pressures are the result gold will go much higher and silver probably even more

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