Tuesday, June 7, 2011

Bob Chapman - James Corbett - June 2, 2011

Bob Chapman - things are not as good as they want them to be ....it is interesting that the US government is being funded now by money that is supposed to go into the federal pension plan and the question is on august the second if something pass how are they going to pay it back ?


How and when to buy gold - James Turk

The key is not the price the key is the value says James Turk and Gold is still undervalued : ...first of all you are not investing in precious metals you are saving them cause remember they are money and the way you are do that in my view is the same way that I have been recommending all decade long , if you have not yet begun accumulating precious metals take an amount of money that you intend to put into the metals divided by six and buy one sixth on the fifteenth of every month regardless what the price is you are accumulating over a period of time and just continue to accumulate and save , you know I have been saying this to people when gold was $300 , Gold $600 Gold $1200 and I am saying it now when the Gold is at $1500 because The key is not the price the key is the value and Gold is still relatively undervalued and that's the key to accumulating the precious metals ...so put aside what you read in the news papers put aside all these people talking about bibbles and what not and just slowly methodically eliminate the emotion and just on the 15th of the month or the 13th of the month or whenever it fits your budget just take those dollars or those Euros or Swiss franks or whatever currency you want to convert into hard money and do it .....



Gold mining Stocks are very undervalued - James Turk

James Turk : we trade gold mining stocks in term of dollars or Euros but they are producing gold they are producing wealth and what will happen is the same thing that happened with stocks that produce commodities in countries that have hyperinflation , the prices of those shares will rise , because what would you rather do have your Reichs Marks setting in a bank earning a little bit of interest or would you rather own a mining company denominated in Reich's Marks , the same thing is true in Zimbabwe their mining companies prices of shares rose because you better off owning an equity in a company that creates wealth so if we do get this hyper inflationary system as I expect I think the price of the mining shares will soar ...one thing the market does is it always tests our patience and we are seeing that now with the mining shares but you have to put this in the perspective the last bull market in a mining share ended in 1998 with the collapse of Reax ? we went into a ten year bear market when after the Lehman collapse even top quality mining companies the big majors were going for pennies in the dollar that was the end of the bear market we've come up since then we have been trading basically at new highs on the major companies the juniors always follow at a later date ....


James Turk and Bill Murphy of GATA http://gata.org explain how gold mining stocks are very undervalued and can rise spectacularly as the precious metals bull market continues. This video was recorded on 29 April 2011 in Munich, Germany.

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)

James Turk, as long as Gold Silver ratio is higher than twenty Silver is cheap

Bill Murphy calls for silver at $400 : ...well if you are looking to what James has said if you are looking for 400 dollars ( silver ) the answer is yes , and as I mentioned earlier and I talked about a lot this year I think we are into an unprecedented situation there is no telling of what gonna happen over night , even today , having done this all day everyday for twelve and half years now it is just stunning but what I have heard the price did because they know that this is following Ben Bernanke's press conference and what the FED had to say , this is a massive obvious repudiation of that , this is the last thing that these people want so , and the more the gold price goes up the more the average person says I want to buy but I cannot afford gold so I want silver and the short position is getting strangled and it is getting worse ....James Turk : ...as long as Gold Silver ratio is higher than twenty Silver is cheap , and as long as silver is in backwardation , Silver is cheap , or something else can happen which is something that we all have to consider the paper market is going to lose its importance as price discovery mechanism it goes back to my comment at Mises about government and politicians destroying the market but they do not understand how they work , the paper market is being destroyed that's what backwardation is telling us , it's no more reliable you have to look what's happening in the physical market , and the physical market is unbelievably tight , because there is just a little amount of physical silver and a huge amount of paper out there.......




Bill Murphy (http://gata.org/) and James Turk talk about how undervalued double-digit silver is and reiterate James' target of 400$ silver.

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

Making Money in Gold and Silver

An outlook on the gold and silver trade, with Rob Stein, Astor Asset Management and Christian Magoon, Magoon Capital. Christian Magoo : "you have a number of options here. one way to hedge just a general way is to own the physical gold ETF. i like IAU. it's less expensive and owns the physical bars of gold. to be a little more aggressive, should gold have a correction of 10% or month? i actually like junior gold miners, gdxj. it's the ETF that owns a variety of those, and it's been a more volatile way to play gold. at this point it's kind of come on track a little bit from gold as physical gold is positive for the year, but junior gold miners is negative for the year. i think there's an opportunity there"


Discount Gold and Silver Trading 06 June 2011

Bob Chapman : IBM to spend 678 million dollars transferring jobs out of the United Stats to Mumbai in India , there is no end to this we gonna wake up and there are no jobs and they will be herding everybody to internment camps that's where this all headed ....


QE3 will be bigger than QE2

Bob Chapman - Radio Liberty - June 6, 2011



Bob Chapman : if we will have QE3 it will be bigger than QE2 , unlike with Portugal and Ireland the European bankers are asking for collateral in Greece

Engelhard Silver Bars

A 10 oz. Engelhard silver bar comes sealed in plastic and on the back of the bar along the edge it looks like someone ran it against a grinding wheel and or shaved along the rim. 100-oz silver bars are uniform in shape, which means they are easy to stack and store..999 fine silver bars are a convenient way for investors to invest in silver Just a quick reference you may be interested in looking at before you start investing in silver bullion of your own. Here is the list of people i follow: Ted Butler, Michael Maloney (will study anything and everything that this man writes or says), check out the silver news and updates website: , Jim Rogers , Peter Schiff , David Morgan - This video shows the various 10 oz Engelhard Silver Bars and a quick History of this classic Precious Metals Refiner. FreedomMeister also talks about Government Debt Levels, GDP (gross domestic product), Unfunded Liabilities and how to....BE AWARE OF THINGS, LEARN FROM HISTORY & STAY FREE!

DAILY NEWS ON BOOZE