Bob Chapman - Financial Survival - 27 July 2011

Bob Chapman : there was an attack on gold and silver by the government today , but they were stopped on their tracks
the people behind the government Wall street the bankers etc they desperately need this deal to pass on the extension of debt , what they are trying to do here is to terrify the congress they might take the market down they try to create a lesson to people you do what we tell you to do , that's why you should be in Gold and Silver they can manipulate it for a day two or three not anymore ....

James Turk : Gold got all the momentum behind it now

James Turk : I think Gold got all the momentum behind it now , we have taking at the $1600 level and yet we have not even stopped there we sort of just moving right through it as if there was not any resistance at all , it is understandable why it is going up AL there are so many problems out there . monetary problems banking problems financial problems the sovereign debt crisis I could go on and on but you got the point , it is must better to own physical gold than it is to be involved in any national currencies at the moment
$1640 and $1650 within the next few days is a reasonable target there seem to be that much buying power behind it , so until anything changes worldwide in terms of improving the financial situation and that's not likely to happen any time soon you got to continue to hold gold and I think more and more people are starting to understand that which is why they are buying





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 new all time record at $1,631.20/oz today !!!

July 27 - New record for gold today that the New York market has reached 1,631,20 dollars an ounce.Record high in London too at , $ 1,628.05 . Gold has pulled back from the all time record high since but I won't be surprised that another all record high will be broken either tomorrow or in few days as most analysts expect one of the hottest summers for Gold ever ....

Eric Sprott : Silver is Set to Explode

Eric Sprott, Financial Sense NewsHour 27 July 2011

Eric Sprott : up to the point where silver got close to 50 dollars the amount of trading in silver through investment vehicles was approaching 800 million ounces a day , and when you realize that the amount of silver available in the year is 900 million ounces you can see that how ridiculous it is we would trade that and who was trading it because obviously they have no investment interest in physical silver ....I do not think that it was the speculators that were driving up i think it is the people who were short that were caught that were losing gigantic amount of money and therefore they initiated the attack on May first .





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

Gold is still heavily under-owned

Brenton Saunders, Director at Taurus Funds Management, says that Gold is not in any kind of bubble that Gold Bull run just started says Brenton Saunders because it is hopelessly under-owned , the biggest fund managers in the world , trust funds and central banks are trying to diversify away from what is hopelessly over owned US Treasuries and Forex and the reality is that the alternatives are quite limited , the obvious alternatives are things like the Euro the Yen the Pound and their respective fixed interest the reality is that these markets are not in great shape either ...the reality is that Gold is heavily under-owned in the institutional environment we know it is under owned in central banks environment





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 : we will see a long run in Gold and Silver that will surprise many people

Bob Chapman - Radio Liberty 3rd Hour - 25 July 2011

Bob Chapman : we had a number of test on the support levels for Gold and Silver , i fact Silver had 8 full tests on their lows of $32.5 to $36  and you have a broad test like that usually it is 3 may be 4 times , this is 8 times so when you have a situation like that historically you usually have a break out and a large run  and usually it is a 100 to a 150 percent and that's usually is over 6 to 8 month period following the test , so by the end of the next February I would think that we probably will be looking at something over 2000 dollars for Gold and that's very very conservative and probably 70 or 80 dollars silver and it could be much higher