Monday, August 15, 2011

Junk silver coins ? Buy while they call it as junk.

ACQUIRING AND COLLECTING 90% JUNK SILVER COINS? One of my favorite things in life is collecting coins and I love collecting the 90% silver junk coins. Since silver's demonetization, silver has been junk, not precious. So they call these 90 percent US silver coins as junks. Because they were so cheap. Silver Dime bag was few bugs before. People think silver as industrial metal. But it was not hundred year ago. Silver was monetary metal and subsidiary coins not junk silver coins.

40 Years ago Nixon ended The Gold Standard

Discussing whether it is time to get back to gold standard , with Jared Bernstein, CNBC contributor; and John Tamny, Real Clear Markets. "It was a monumental blunder, the biggest of modern times. leaving gold was a devaluation of the dollar and as history shows when money is devalued, investment becomes defensive. it flows into the hard assets of yesterday that already exist and away from the innovative ideas of tomorrow in assets that don't exist, leaving gold restrained, our economic evolution and it shows up in the numbers that you just cited. we've grown less quickly, unemployment's been higher. it's been a major disaster and it's time to turn back " says John Tamny



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)

Peter Schiff : Gold headed to $10,000/oz

Peter Schiff : I am an unapologetic gold bull , I have been bullish on gold for ten years , and what's happening makes me more bullish because Europe is becoming more like the United States , what's Europe is saying is the nation that share the Euro Currency they will not be allowed to default no matter how much money they borrow the European bank will simply print Euros to pay it off , so they are going to inflate rather than default , they are going to make the Euro almost as weak as the dollar , now I might just have to say instead of going to $5000 may be Gold goes to $10000, Gold is safety it is money ...

Forty Years after Bretton Woods, Gold always King

Today Monday and Tomorrow Tuesday , Aug 15th and 16th. is the exact fortieth anniversary of Nixon's taking us off the gold standard and forty is a very magical mystical and powerful number in numerology and many religions. With some research, we see that the Dow jumped over ten percent on the following day after Aug 15th, 1971. Good chance of a similar occurrence in the next couple of days only this time the Dow may go the opposite way and gold skyrocket....or vice a versa.

the 40th anniversary of the end of the gold standard,






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 - The Financial Survival - 15 Aug 2011

Bob Chapman : he commodities market has always ben rigged , Margin requirements increase is a method for preserving the Banks , the margin requirement only maintain the illusion of an illusionary market

This Gold correction will be limited

Phil Streible : I think the correction will be limited , I mean last week was panic buying in the Gold , now that's starting to come off , we are looking at some key levels of support , about a hundred dollars lower from that high so $1717 and bellow that is &1680 those are our support levels , but I think gold prices are going to stabilize they are waiting for tomorrow when France and Germany meet there is no expectation that anything will come out of it , I think it will really disapoint investors and they will come back into the gold market




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 : when we will get up to around $3000 , $4000 Gold will be swinging 200 to 300 dollars a day

Bob Chapman & Ted Anderson on Dr Deagle Show 10 Aug 2011


Bob Chapman : this super congress has to be challenged in a supreme court , we need to reinstate the Glass–Steagall Act now , we are on phase two of the gold bull run , this is going to be pretty wild , I have predicted some time ago that we will say swings of 20 to 40 dollars a day in gold and it happened and I said that after that it will come swings of 50 to a 100 , and it is happening , what's next ? when we will get up to around $3000 , $4000 it will swing 200 to 300 dollars a day do not get surprised , just anytime it comes down buy more says Bob Chapman of the International forecaster , the federal reserves notes are worth Nothing ....

Gold Outlook for 2011

Gold the ultimate reserve currency , Gold Price Per Ounce Predictions Over $2,000 by most investment ,analysts. Golds historic high is $2,400 if you adjusted for inflation based of 1980's gold price high. JP Morgan predicts $2,500 ounce, Bank of America Merell Lynch $2,000 ounce in next year. Whats is backing these predictions? Federal reserve - key interest rate low. to continue to 2013, quantitative easing, Trade deficit is now 4.4% or $53.1 Billion, 26.7 Billion with china alone. Chicago Mercantile Exchange raised margin requirements . In some parts of the world gold is viewed as the protector of wealth. In North America, gold is viewed as a speculative investment. Our economists regard a rising gold price as an admission of defeat, and their disparaging attitude toward higher gold prices took on a more desperate tone in 2010. Nevertheless, gold had another remarkable year, up 25% in 2010, its tenth straight annual gain. Meanwhile, over the same 10-year period, five major currencies -- the US and Canadian dollars, the euro, the British pound and the yen -- have lost between 70% and 80% of their value. In reality, gold is not rising; currencies are falling in value, and gold can rise as far as currencies can fall. Nick discusses the three dominant medium-term trends that pushed up gold prices in 2010 (central bank buying; movement away from the US dollar; China) as well as three longer-term, irreversible trends that will put upward pressure on the gold price for years to come (the aging population; outsourcing; peak oil). In addition to these trends, more and more investors will be competing to buy a shrinking gold supply. As safe-haven demand accelerates, there will be a transition from the $200-trillion financial asset market to the $3-trillion aboveground gold bullion market. About half of that $3 trillion is held by central banks as reserves; the remainder is privately held, and not for sale at any price. If the world's pension and hedge funds moved only 5% of their assets into gold, it would trade at over $5,000 per ounce. Nick's conclusion: Without any new financial crises, both mid- and long-term trends indicate that gold -- and silver -- will continue rising through 2011 and well beyond.

Selling your Gold Jewelry ?

What's your Gold jewelry is really worth ? What you need to know if you're selling your gold jewelry. 24 carat gold is 100% gold. most of you, however, only have 14 carat gold. if you have 14 carat gold, that gold, the pure gold in a 14 carat gold piece of jewelry is only 58.5%. if you have 18 carat gold, there's only 75% of gold in that 18 carat gold piece of jewelry. so you can't figure it the way that you have been figuring it. also, when they melt your gold down, they lose gold to vapor and evaporation and all of these things, so it doesn't equate the way that you think it has been equating. next, where do you go and take your gold to be sold



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)
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