Bob Chapman discusses the issues of Obama 's birth certificate , the Soros connection through his media matters , apparently Obama's birth certificate was a bad photoshoped forgery , very unprofessional knowing that the CIA could have made close to perfect forgeries , Bob then speaks about the coming QE3 even if they may do it under another name the Gold rally will continue propelled by the weight of the monetary mass that the FED is too good at creating at the speed of light , we just had a man made correction we probably hit the bottom , Bob 's advise is to continue to buy Gold and Silver physical bullion go long stay long you are in for a nice ride ....
Friday, May 20, 2011
Larry Reaugh on the Gold Rally and the precious vs base metals
Big Al interviews today Larry W. Reaugh, President and C.E.O. of American Manganese and Goldrea Resources President and CEO , Larry Reaugh talks about today's stunning gold rally and the benefits of owning physical gold and silver.Larry discusses the fundamental view on metal markets and the difference between the base metals and the precious metals
Mr. Reaugh has forty-seven years' experience in the mining industry and for the past thirty years he has been the CEO & President of several exploration, development and producing mining companies listed on the TSX, TSX Venture and NSDAQ exchanges. Several of his companies have made significant discoveries, three of which (gold) went on to be producing mines. Through his career Mr. Reaugh has raised in excess of $250 million for junior resource mining companies. Currently he is the CEO of three public companies which fall under the aegis of The Reaugh Group: American Manganese Inc., Goldrea Resources Inc., and Molycor Gold Corp.With its recent name change from Roche Deboule Minerals, American Manganese Inc. now clearly states the business in which it expects to truly make its name. Manganese is another one of those metals that most people may have heard about but probably couldnt distinguish from magnesium, much less care about what its used for. Without manganese, however, not much could be built or made in the modern world, and thats the opportunity which makes American Manganese (AMY) such an interesting investment story. Sitting on over $10 billion lbs. worth of indicated and inferred manganese currently trading at $1.31/lb. in Arizona gives the company the largest known low grade deposit of manganese in the Unites States, according to the US Bureau of Mines, and the largest potential source of the metal outside of China. We spoke with Larry Reaugh, AMYs president, to get the big picture on how his company could play a very important role in reestablishing domestic production of this key metal which the US now has to rely on foreign sources for its supply.
Mr. Reaugh has forty-seven years' experience in the mining industry and for the past thirty years he has been the CEO & President of several exploration, development and producing mining companies listed on the TSX, TSX Venture and NSDAQ exchanges. Several of his companies have made significant discoveries, three of which (gold) went on to be producing mines. Through his career Mr. Reaugh has raised in excess of $250 million for junior resource mining companies. Currently he is the CEO of three public companies which fall under the aegis of The Reaugh Group: American Manganese Inc., Goldrea Resources Inc., and Molycor Gold Corp.With its recent name change from Roche Deboule Minerals, American Manganese Inc. now clearly states the business in which it expects to truly make its name. Manganese is another one of those metals that most people may have heard about but probably couldnt distinguish from magnesium, much less care about what its used for. Without manganese, however, not much could be built or made in the modern world, and thats the opportunity which makes American Manganese (AMY) such an interesting investment story. Sitting on over $10 billion lbs. worth of indicated and inferred manganese currently trading at $1.31/lb. in Arizona gives the company the largest known low grade deposit of manganese in the Unites States, according to the US Bureau of Mines, and the largest potential source of the metal outside of China. We spoke with Larry Reaugh, AMYs president, to get the big picture on how his company could play a very important role in reestablishing domestic production of this key metal which the US now has to rely on foreign sources for its supply.
Gold back over the $1,500 mark
Gold is back over the $1500 mark , most analyst are optimistic and see the gold bull run going on for the next 3 years or so , many predict to see gold at $2000 /oz before the end of this year , Silver is up too today and it is over $35/oz
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Get out the 401K as soon as possible
Bob Chapman - Discount Gold Silver Trading - 05-20-2011
Bob Chapman : get out 401K as soon as possible , they are gonna take your retirement , they will replace that money with treasuries that won't be worth the paper it is written on , take instead delivery of silver and gold bulionYour Assets Pay For Your Liabilities
Bottom line is do not buy the liabilities first , buy your assets first and let your assets pay for your liabilities , you can live a luxurious life and still be rich you just have to be financially educated do not take your liabilities for assets as most people do , most people for example think that their home is an asset , well no it is a liability because it take money from your pocket every month , while an asset is supposed to bring money into your pocket every month ...big difference ! do not deprive yourself , buy any liability that you want nice house nice car etc , but first buy assets which will later on pay for your assets
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.
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.
The US Government owns the COMEX
Bob Chapman on Radio Liberty 20 May 2011
Bob Chapman : ...I think the idea of the government , the CME which owns the COMEX and the naked short such as Morgan and HSBC in Silver they decided we just going to take the market down and they got away once with it before , they are not going to get away with it this time ...there should be an investigation , ...the gold and silver market looks like it may have bottomed right now says Bob Chapman of the International Forecaster ....
Bill Murphy - Goldseek Radio May 18, 2011
Bill Murphy on Gold Silver price manipulation
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)
(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets
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
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)
(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets
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
Bill Murphy on Gold Silver price manipulation
Bill Murphy - Goldseek Radio May 18, 2011
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Gold Silver Ratio
Gold and Silver Ratio in History :
The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.
Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.
Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.Silver reserves approaching ZERO. Price explosion must follow!
• Right now it takes 42 ounces of silver to buy 1 oz. of Gold. (42 to 1)
• 700,000,000 ounces of silver was mined in 2009 versus 80,000,000 ounces of gold, which is about a 9 to 1 ratio.
• There was an estimated 40 Billion ounces ever mined of silver versus an estimated 5.3 Billion ounces of gold. That ratio is 7.5 to 1 ratio.
Silver has been consumed as an industrial metal, whereas gold has been cherished as a precious metal forever. As a result, there is still about 5 billion ounces of gold in the world. Silver inventories, on the other hand, have been decimated, with only an estimated 5 billion ounces now above ground. The other 39 billion ounces are in the landfills of the world in amounts too tiny to recover economically at today’s absurdly low silver prices. Maybe if the price of silver rises significantly enough, we will see massive recovery efforts in Staten Island.
•Historically the Silver/Gold Ratio has been 16/1 to 10/1, meaning that silver is presently about 4x undervalued.
•If the total amount of Gold and Silver above ground is equal to 5 billion ounces, that would put the ratio at 1/1. Thus, silver could be viewed as 42x undervalued!
•Total amount of physical Gold and Silver in monetary/bullion form would put the ratio at 1/5, with silver being 230x undervalued. (So the Silver to Gold ratio is 1 to 5–yes, there is less silver bullion above ground than there is gold.)
So if the price of Gold never went up and was based off of Silver market fundamentals, it should find some market balance. At that point you could, in the extreme case, trade your 42 ounces of silver for 210 ounces of gold! (1/5 silver to gold ratio.)
I agree with Mike Maloney that the gold/silver ratio will go well below the historical 16:1 ratio because of the factors that now exist in the world economy, i.e., historic money printing on a global scale and loss of confidence in the world reserve currency which is the US dollar. There has never been global economic conditions like this before and silver will benefit greatly from it. It's the poor man's gold and is much more accessible to the average person.
Roaring 20s brought it down to 16:1
Great Depression, ratio went to 100:1, no significant industrial use
After the post WW2 boom, it went way down, industrial use and electronics
Early 1970s, US off gold standard and individuals could own gold - look how it went up
Hunt Brothers event bottoming it out at 9:1
Then it went back up, over 90:1 during the recession of the 1990s
Dot-com boom sent it under 60:1
Panic of 2008 sent it over 80:1 - deflation, less industry use
Recent stimulus sent it to 60:1
100 years ago, a Ford factory worker made 5 dollars a day, ( 3.87 oz ) of silver in 5 Morgan dollars.
Today, 3.87oz Ag = $116.
Which is an average wage for a skilled worker.
Also, 100 years ago, 5 Morgan dollars had a similar purchasing power as $116 today.
Silver is not in a bubble.
whatever happens silver will skyrocket its demand from industry is unattainable at this lever n it will have to RISE way above what some experts predicted it will
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
The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.
Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.
Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.Silver reserves approaching ZERO. Price explosion must follow!
• Right now it takes 42 ounces of silver to buy 1 oz. of Gold. (42 to 1)
• 700,000,000 ounces of silver was mined in 2009 versus 80,000,000 ounces of gold, which is about a 9 to 1 ratio.
• There was an estimated 40 Billion ounces ever mined of silver versus an estimated 5.3 Billion ounces of gold. That ratio is 7.5 to 1 ratio.
Silver has been consumed as an industrial metal, whereas gold has been cherished as a precious metal forever. As a result, there is still about 5 billion ounces of gold in the world. Silver inventories, on the other hand, have been decimated, with only an estimated 5 billion ounces now above ground. The other 39 billion ounces are in the landfills of the world in amounts too tiny to recover economically at today’s absurdly low silver prices. Maybe if the price of silver rises significantly enough, we will see massive recovery efforts in Staten Island.
•Historically the Silver/Gold Ratio has been 16/1 to 10/1, meaning that silver is presently about 4x undervalued.
•If the total amount of Gold and Silver above ground is equal to 5 billion ounces, that would put the ratio at 1/1. Thus, silver could be viewed as 42x undervalued!
•Total amount of physical Gold and Silver in monetary/bullion form would put the ratio at 1/5, with silver being 230x undervalued. (So the Silver to Gold ratio is 1 to 5–yes, there is less silver bullion above ground than there is gold.)
So if the price of Gold never went up and was based off of Silver market fundamentals, it should find some market balance. At that point you could, in the extreme case, trade your 42 ounces of silver for 210 ounces of gold! (1/5 silver to gold ratio.)
I agree with Mike Maloney that the gold/silver ratio will go well below the historical 16:1 ratio because of the factors that now exist in the world economy, i.e., historic money printing on a global scale and loss of confidence in the world reserve currency which is the US dollar. There has never been global economic conditions like this before and silver will benefit greatly from it. It's the poor man's gold and is much more accessible to the average person.
Roaring 20s brought it down to 16:1
Great Depression, ratio went to 100:1, no significant industrial use
After the post WW2 boom, it went way down, industrial use and electronics
Early 1970s, US off gold standard and individuals could own gold - look how it went up
Hunt Brothers event bottoming it out at 9:1
Then it went back up, over 90:1 during the recession of the 1990s
Dot-com boom sent it under 60:1
Panic of 2008 sent it over 80:1 - deflation, less industry use
Recent stimulus sent it to 60:1
100 years ago, a Ford factory worker made 5 dollars a day, ( 3.87 oz ) of silver in 5 Morgan dollars.
Today, 3.87oz Ag = $116.
Which is an average wage for a skilled worker.
Also, 100 years ago, 5 Morgan dollars had a similar purchasing power as $116 today.
Silver is not in a bubble.
whatever happens silver will skyrocket its demand from industry is unattainable at this lever n it will have to RISE way above what some experts predicted it will
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
The IMF was a looting operation since WWII
Bob Chapman - A Marines Disquisition - 05-19-2011
Bob Chapman : the IMF was set up as a looting operation by Wall Street , that's why Dominique Starauss-Kahn got into problems with those in New York because he wanted to make it into a more humanitarian operation by relieving people of some of their debt and not imposing such austerity which has never worked , he also wanted to use the SDR instead of the dollar , Bob Chapman believes that DSK is innocent of the charges and that JPM is behind all of this ....
Subscribe to:
Posts (Atom)
