Marc Faber : " ...In Gold and Silver Terms the dow jones over the last ten years has already lost over more than 80% of its value. and yesterday, my friend frank holmes was on cnbc, and i don't know remember if it was you or somebody else, but the two interviews were kind of ridiculing him, telling him that gold was a bubble and so forth. i just came now from a conference. there were over 200 people here in Singapore. i asked the audiences, fund managers, you would imagine that they are intelligent. i asked them who of you has personally more than 5% of their assets in gold. not one person lifted their hand. not one. if it were a bubble, a lot of people would have gold. the whole world would be trading gold 24 hours a day. but i don't think it's really a bubble. i think maybe gold is cheaper today than it was in 1999 when it was at $252. "
Saturday, April 9, 2011
Lindsey Williams The Gold and Silver Bull Run just started
Lindsey Williams The Silver Bull Run just started
Lindsey Williams who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis reveals new bombshell information . In 2009, Williams talked about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. If you think that Gold and silver are expensive now , you have not seen anything yet says Lindsey Williams , gold and silver are the currency of the elite and anything on a paper (fiat money bonds stocks ) is worth the paper it is written on . Gold production is decreasing due to few great Gold mine discoveries. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
Lindsey Williams who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis reveals new bombshell information . In 2009, Williams talked about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. If you think that Gold and silver are expensive now , you have not seen anything yet says Lindsey Williams , gold and silver are the currency of the elite and anything on a paper (fiat money bonds stocks ) is worth the paper it is written on . Gold production is decreasing due to few great Gold mine discoveries. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
Donald Trump 2012 White House Race Underway
Donal Trump Trump corporation chairman and ceo, .:"... we're not respected by any stretch of the imagination. you just look. i was watching your show and i see oil prices where they're predicting $175 a barrel. if that happens , and by the way, it's happening because of OPEC. the only problem, i don't hear your guests talking about OPEC. they talk about all sorts of reasons for the oil going up. And I watched somebody yesterday who was saying there's so much oil we don't know what to do with it but it keeps going up despite tremendous supply. and there's only one reason. it's called OPEC. and nobody ever mentioned OPEC, " "... Well they're flirting with anybody that they'll flirt with. we have tremendous power over these people. we've protected them. they wouldn't be there if it wasn't for us. you look at what happened with Iraq where Iran is already making moves to take over Iraq as soon as we leave and take over those oil fields. you look at the way this country is run. we're a laughingstock throughout the world. i see that and i say it and i do the today show and i say it. and all of a sudden polls come out and it has me doing very well and I'm not that surprised because people in this country are smart and they don't want to be ripped off. you look at OPEC, you look at china. and you talk about this all the time, Larry. they manipulate their currencies. it's very, very hard for our companies to compete because of the manipulation of their currency. but beyond that, they take our jobs, they take our money and then they loan it back to us and we pay them interest. it's unbelievable."
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The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, (241, 207, 076 oz) the US gold holdings are worth approximately $337.67 billion. This massive gold reserve would have to increase 40 times just to cover the dept !! That’s $56,000 a once.