Wednesday, May 18, 2011

Day of Rebound for Gold and Silver - Gold +1.1%, Silver +4.8%

Precious metals rebound today : Gold +1.1%, +4.8% Silver . The prices of precious metals have closed today in New York with a . The gold futures expiring in June gained 1% to $ 1,495.80 an ounce and silver up 4.8% at $ 35.10 an ounce. The rally in prices of agricultural commodities and oil have made an ​​increase pushed by the fears of inflation by the market . The corn has appreciated by 3.8%, wheat by 7.2% and 3.3% for the crude oil. The prices of precious metals have also benefited from the weakening of the dollar today.It's a Day of rebounds for the precious metal, thanks to the general weakness of the U.S. dollar and despite the very exciting developments in equity markets, given that in recent times, the correlation between equity and commodities has been very strong. Gold is now slightly below the $ 1,500 an ounce mark and 4-hour chart shows an interesting triangle of compression in the coming days (or maybe in the next few hours) could be implemented with a directional movement of relief. The high volatility of the market makes it impossible to make accurate projections in the short term, although it must be said that in the last hour prices were the first bouncing off lows on the support area of $ 1,480 / oz and then the area of $ 1,490 / oz . it is impossible to envisage if the target is upward or downward: in the event of continuation of the upward trend, we can assume a landing area at least $ 1,530 / oz, and if sentiment deteriorates again we can expect a fast return to area $ 1,480 / oz before and $ 1,460 / oz . As for silver, however, currently quoted in the area $ 34.9 - $ 35 an ounce and are in contact with the dynamic resistance of Ema20 about 4 hours. We are dealing with a side stage for several hours and even here a new burst in volatility is possible . Downward eye to the loss of $ 34 / oz, which sheds new area prices to $ 32 / oz. In the event of continuation of the bounce, however, could be considered a landing at 36.5 $ / oz first and then $ 39-40 and up.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Bob Chapman : good time to buy Gold and Silver

Bob Chapman - Discount Gold and Silver Trading

We are at position now in the gold and silver market here you should be a buyer says Bob Chapman of The International Forecaster ,I have been a buyer this week again he added ...Dominique Strausse Kahn was probably set up for many reason says Bob , because they want the world reserve currency to remain the dollar...

Bob Chapman - Discount Gold Silver Trading - 05-18-2011

Bob Chapman - Disc Gold Silver Trading - 05-18-2011
We are at position now in the gold and silver market here you should be a buyer says Bob Chapman of The International Forecaster ,I have been a buyer this week again he added ...Dominique Strausse Kahn was probably set up for many reason says Bob , because they want the world reserve currency to remain the dollar...

Cash Flow vs. Capital Gains

Many people are confused when it comes to differentiate between Cash Flow and Capital Gains , a financially educated investor should focus on cash flow not on capital gains . here Rich woman Kim Kiyosaki explains the two types of profits that investors invest for, and the important differences between the two.




Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Silver Conference with David Morgan Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull - 14 May 2011

David Morgan hosts a Silver Conference with precious metals experts and analysts : Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull , these mainly bulls will explain how the markets are rigged why the gold and silver is not in any kind of bubble and why you should hoard physical silver and gold for the long run the Bull market is just about to begin you have not seen anything yet . Eric Sprott says that he has no doubt that Gold will reach a $2000 any time soon





MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

David Morgan hosts a Silver Conference with Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull - 14 May 2011

David Morgan hosts a Silver Conference with precious metals experts and analysts : Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull , these mainly bulls will explain how the markets are rigged why the gold and silver is not in any kind of bubble and why you should hoard physical silver and gold for the long run the Bull market is just about to begin you have not seen anything yet ....ENJOY the ride :

Mexico sells US dollars and buys gold bullion

Mexico sells US dollars and buys gold bullion
The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values ​​close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9

US Debt Ceiling and Selling Gold at Fort Knox

The question now emerges should the US sell its gold at fort Knox in order to pay its ever increasing debt , but most importantly , is there any Gold at Fort Knox as we are told and if so how much ?
US Debt Ceiling and Selling Gold at Fort Knox

Gold ETFs vs Silver ETFs

This blog encourages and promotes the physical holding , which means you better go and buy physical metal gold or silver and better yet hold it for the long ride that is ahead of us , gold and silver are real money "Investors have to be aware of what's backing the ETF. There are futures-based products out there and that does have an effect on investor returns," Martin Arnold, senior analyst, ETF Securities told CNBC.


Bob Chapman : The COMEX will lose 30 percent of their business to the HKMEX

Bob Chapman - Sovereign Economist - 05-11-2011

Bob Chapman : ...I think the COMEX will lose 30 percent of their business in the coming months and they will lose the monopoly there gonna be some big changes coming ,

Bob Chapman : people like Forbes get away with that stuff

Bob Chapman on Discount Gold Silver Trading 11 May 2011

Bob Chapman : the use of gasoline dropped 2.4 percent in the last month ...the government is trying to get the commodities prices down to help with the inflation people are leaving the stock and bond markets and putting their money over there (in commodities) because they do not trust the government ...silver is down 3 dollars , gold held up reasonably well you can thank your government for rigging the market says bob Chapman of the international forecaster....people like Forbes get away with that stuff because they are members of the Illuminati , Forbes has a dreadful family history that he does not want to hear about ...

Bob Chapman - Dr. Deagle Nutrimedical Report - 05-11-2011

Bob Chapman - with Dr. Deagle Nutrimedical Report - 05-11-2011 : gold and silver is the only real money and usually in the aftermath of the events like the catastrophe in Japan their prices tends to get higher but what is happening says Bob Chapman of the international forecaster is that the US Government along with the CME which owns the COMEX they have attacked the whole commodity market , today of all things they have raised the margin requirements on natural gas





Silver Eagles vs. Bars

It doesn't matter if the bar is tarnished they melt it down. Why people buy metals? Because it is an industrial good and . I agree coins are better then bars because it is easier to sell a coin of 30 dollars instead of a bar of a kilo. More people can afford a coin instead of a bar .Engelhard is the most respected name in silver because of it purity. I had 400 oz all Engelhard, 10 oz bars and 1 oz coins. I dont recommend 100 oz bar like the one in video. It's harder to sell when silver go to 100/oz. It is for big investor only. If you invest under 10K, then 10 oz bar and 1oz coin is way to go. Total of silver in video about 20K at the time, right now about 40K in just 6 months. I dont understand people who continue to invest in a stock market. full of worthless derivatives, and overinflated b.s. like yahoo, & on & on. The only reason the market is doing as good as it is, is because the FED . just dumped 1.7 trillion of future tax dollars that have yet to be collected into it. At the same time 14+ trillion debt 1.6 trillion budget deficit.soon all that money will be chasing real assets like gold and Silver , Need i say more? Buy metals, buy lots of them.

Eric Sprott : if only three percent in one day demanded physical delivery there will be no silver on the COMEX

Max Keiser interviews Eric Sprott on gold and silver prices (12May11) :

Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....I think last weeks decline was premeditated ....very much orchestrated ...one of the things that I think we should look at is the trading of silver in the paper market which I mean the COMEX and the SLV , last week it probably averaged 1.2 billion ounces per day there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters I mean if something like 3 percent of the people who are trading silver , three percent in one day demanded physical delivery there will be no silver on the COMEX , so I look at this paper markets and I just believe it's paper it's guys pushing buttons who really have no interest in silver other than trying to move the price one way or guess where the price is going ....I think the key market is the physical market , what the people are doing in terms of converting their fiat over to silver and gold and obviously that has a long momentum today and I do not think this raid is going to work even though it was shocking last week







MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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