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Bob Chapman : the debt ceiling talks is a distraction , the president is not telling the truth he is lying , anything goes in his world and Bush was just as a bigger liar as this guy is ....it is political theater and they are all playing the game
Gold is going one way and one way only and that is Up Up and Up .says Owen Hegarty, Vice-Chairman & Executive Director at G-Resources, he also talks about various ways of investing in gold.Gold equities are going to have a very good run in the next few years he says they are probably going to outperform other equity markets , the supply of silver has calmed down there is certainly a shortage of silver and like gold he believes that silver has one way and one way only to go and that is up up and up , the gold supply from the mines has been in decline , Gold is very difficult to find
The Debt Deal won't stop the Price of Gold from rising , it might pause the price of Gold there might be a small correction but the problem is not resolved , it is very high level of debt that has enerved investors not only in America with the US Dollar but also in Europe where they have debt issues going on as well about bailing out Greece then Italy then Spain says Robert McEwen, of U.S. Gold , he expects $2000 by the end of the year and $4000 four years out
Bob Chapman : the president have been lying they are trashing the constitution , 95 percent of these people are on it they work for those who pay their campaign contributions, this thing goes back 2500 years , we desperately need Ron Paul
John Kilduff, Founding Partner of Again Capital, talks about his investment strategy in the commodities sector. You need to have gold exposure , you can buy high because you are going to sell higher ....next upside target by the end of the year is $1700 , the Chinese are under invested in Gold and over exposed to US bonds ....
"We believe with the opening of the new Hong Kong gold an silver exchange, there will be no physical gold or silver available to the public by the end of 2011.
Amazingly still less than 1%- about .8 of a percent of Americans own ANY gold or silver.
All it will take is miniscule 1% of the Chinese public to purchase 1 oz of silver or gold to crash the COMEX . Watch your paper fed debt notes return to there intrinsic value..