Weak supply in the Gold market added to strong demand , you will always get volatile prices , plus two serious global events in the middle east and in Japan which have added to the uncertainty of the market and helped in boosting the Gold prices . Gold prices could hit $1500 this year and $2000 in one to two years, Owen Hegarty, Vice Chairman of G-Resources Group says "Most people are upbeat about commodities, demand is very strong all the way across all commodities across the world generally speaking and supply is very weak,"Gold is the perfect metal all the demand factors are strong at the moment it is the right phase of the moon so to speak for Gold it's a commodity is a currency it's a safe haven it's a store of value it is a hedge against inflation it is all of that yet on the supply side you are not seeing central banks selling in that market you're not seeing a big uplift in the output of gold on a worldwide basis Owen Hegarty explains
Wednesday, April 6, 2011
Bob Chapman Silver price will explode
Bob Chapman explains why the price of silver in the long term can only go up and what happens when the banks manipulating their short positions can no longer continue."the price of silver hits a new high everyday " says the International Forecaster Bob Chapman "gold and silver have been suppressed for years he explains since august of 1988 when the president of the United States signed an executive order saying that the FED and the treasury and the New York could manipulate the market and they have been doing that ever since and they picked on gold and silver , so gold and silver have been suppressed since then and this suppression is coming unglued sort to speak says Bob Chapman ,not only that but the government inherited a very large naked short position in silver , shorting means you gonna bet something is going to go down , naked means there is no collateralization in other words you do not have silver on hand to deliver if somebody demands it , this giant naked shorting position which manifested itself in JP Morgan Chase and HSBC they can't cover their shorts there is not enough silver for them to make delivery as well so they keep on creating derivative contracts options futures which are delaying the final problem and that is pushing the price up , right now JPM is off-site probably close to 60 billion dollars , HSBC probably 20 billion and that's a lot of money ....if we can get silver up to $50 , $60 /oz they are gonna have to default now when that happens it will affect the COMEX the LBMA in London the options the derivatives and as a result it will also anybody or any entity that is using those instruments to be in the market papee market as opposed to physical , if trading in paper stops the whole house comes tumbling down the result will be the end of paper market at least temporarily in silver perhaps in gold as well , silver price will explode as a result ....
Robert Kiyosaki : Financial Education is Essential
Robert Kiyosaki book signing
Robert Kiyosaki book signing for his new book Unfair advantage : Unfair advantage is about what schools never teach you about money ...the kids go to school in order to get a degree and get a job , they end up being in debt and can't find a job , "I am pretty much pro education just do not like school , but I want to have a choice of what I learn " says Robert kiyosakiLindsey Williams Gold going to $3000 and Silver to $300 /oz
Pastor Lindsey Williams who have insiders amongst the elite who pass him pieces of intel about what they are planning to do in the future especially regarding the prices of commodities such as Oil Gold and Silver , he was proven to be right in the past , Lindsey Williams says that gold and silver are the money of the elite , , the elite are planning to crash the dollar before the end of 2012 , by then gold will be at $3000 and silver at $300 an ounce , do not you dare sell your gold and silver says Williams if you think they are expensive now you have not seen anything yet , the elite are planning to introduce a new world currency and they want it backed by gold and silver , hold on to your gold and silver folks , Lindsey Williams has been proven right in the passt especially his forecasts for the price of crude oil...
Max Keiser : The Silver Liberation Army
Max Keiser : for every ounce of silver that somebody buys JP Morgan sells 20 to 50 ounces of silver that does not exist it's called naked short selling , that's the bottom line they are selling silver that does not exist , by some estimates they are 3 billion ounces short that's more than a billion of the entire silver stock above ground , the short sold more stocks than exist above ground on the floor everyday manipulating the price , for every ounce of silver JP Morgan tries to sell 10 ounces of silver as a naked short sell , silver that they do not own but at the end of the month the books have to be squared the COMEX has to physically deliver , now with the Silver liberation Army we are going to put JP Morgan six feet under says Max Keiser by taking possession of the remaining physical silver , The Silver Liberation Army a global army of physical buyers says Max ...I like that LOl...
Silver Not in a Bubble
Silver is not in a bubble Ready to Burst as some on Wall Street think
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
Gold Hits Record High on geopolitical concerns and rising inflation
Again today Gold hits another all time high record of $1457 an ounce $16 more than the previous high set on march 24th , the causes of this hike are geopolitical concerns the weakness of the dollar and the rising inflation , the public in these cases always looks for a safe haven where to protect their assets gold is becoming more attractive people are literally flocking to gold.
Eric Sprott on CNBC - silver to shine - 05 April 2011
Eric Sprott on CNBC - silver to shine after it hits US$39 per ounce
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade ....keep on stacking folks !
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade ....keep on stacking folks !
Web bots on the Silver Rally
Mr. High of Webbbots sees silver going as high as $500 an ounce from June 20th. this year however the Webbots first started predicting silver surpassing gold eventually but in the near future the number they predicted was $600 USD.... and now we have several silver experts calling for $500 silver... so $600 silver is seeming more possible.. at least to me and my reasoning MAX KEISER CALLING $500 AN OUNCE, BOB CHAPMAN CALLING $400 AN OUNCE COMING Marc Faber speak: QE 1 till 18 ,I do think the them ! Many,many ,many, Paper ,take Silver and Gold !!!
Gold vs Stocks
Gold is going from one record to the next lately and hitting an all-time high now. the precious metal had an impressive run over the last ten years while the S&P tacked on just 16%, gold is up 464%. Today gold is about 8% higher than the value of the s&p 500.analyst Sam Stovall does not believe the gold is over valued matter of fact he believes that there is a longer term price appreciation ahead and he sets $1,800 as a chief target on the long term ,Gold Fundamentals still strong and a brighter future lays ahead
Subscribe to:
Posts (Atom)
