Bob Chapman sheds light over the situation in Greece Spain and in Europe in general : Greece should default , go back to the drachma with a fifty percent hair cut of the value over the Euro , increase taxes over a five year period and extend austerity over a five year period as well that should straighten them in five years may be six seven , eight but they are not going to spend 50 years being slaves to the European bankers and lose their country . Spain is even worse off than Italy , it won't take two or three years and they are all going down ...in the Bilderberg meeting last week in St Moritz everybody had to leave early cause they were terrified
Saturday, June 25, 2011
How Gold is Mined in Nevada
Visionvictory takes us to a mining tour of a gold mine in Nevada , the goal is to show you that gold mining is not an easy task it requires heavy machinery a lot of energy and human power and skills , tons of dirt and ricks has to be moved or crashed in order to get one ounce of Gold , unlike money printing gold mining comes with a cost and that adds to the value of Gold , gold cannot be created out of thin air as we do with paper money . Nevada accounts for 75% of gold production in the United States and 7.2% of the gold mined worldwide
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)
Bob Chapman - Discount Gold & Silver Trading - 24 June 2011
Bob Chapman of the International forecaster after a Golf break is back today ,
Bob Chapman : The Gold and Silver markets are under pressure ,Greece Italy and Ireland should have never been into the Euro they did not qualify , amongst the PIIGS countries only Spain really qualified for the Euro , after Greece the pot is boiling in Italy too that could turn very nasty , the Italians are more agressive than the greks are , youth unemployment in Spain is too high , when you have austerity and people do not work they do not pay taxes and there is no money for the state that's howthe IMF has countries tied up
Bob Chapman : The Gold and Silver markets are under pressure ,Greece Italy and Ireland should have never been into the Euro they did not qualify , amongst the PIIGS countries only Spain really qualified for the Euro , after Greece the pot is boiling in Italy too that could turn very nasty , the Italians are more agressive than the greks are , youth unemployment in Spain is too high , when you have austerity and people do not work they do not pay taxes and there is no money for the state that's howthe IMF has countries tied up
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