Tuesday, December 13, 2011

Where Gold is going from here ?

Where Gold is going from here ? gold price plummeted again today $35 today without the Fed's promise of QE3 after it registered yesterday one of its largest declines in nearly three months , this is due to two main factor the strong dollar as the capital that is fleeing from the Euro goes to the dollar and this weakens the gold market and the end of the year liquidation trend , bottom line you have here another Christmas discount a great opportunity to load more physical gold ,we can thank whoever is selling because we are BUYING , if you are in the gold market just to speculate you better sell all of your gold we will buy it all , but if you are in gold in order to preserve your wealth as you should be then all this trends do not mean much for you except you are getting a Christmas discount on Gold so take advantage of it ....

Bob Chapman - Radio Liberty 3rd Hour - 12 Dec 2011

Bob Chapman - Radio Liberty 3rd Hour - 12 Dec 2011 if you do not elect Ron Paul , immediately after the elections they will start collecting people warns Bob Chapman , they will start arresting alternative radio hosts and the people who are vocal on the internet against the government actions ....

Frankfurt wants to take over the City of London as the center of Criminal Finance

Bob Chapman - Radio Liberty - 12 Dec 2011 : Germany wants a 1 percent transaction tax on the London stock exchange and in the City of London , the City of London which is a privately run small place in the heart of London , they alone create 40 percent of the jobs in southern England

Jim Sinclair : the MF Global situation is a piece of dynamite sitting underneath the gold price


Jim Sinclair, host of http://www.jsmineset.com known as Mr. Gold for his remarkably accurate timing regarding the gold bull market of the 70s is the Founder of jsmineset.com and Chairman of Tanzanian Royalty Exploration.

Jim Sinclair interviewed by bullmarketthinking on December 12, 2011: “Many gold shares are selling at a significant discount to the price of gold, but also at a discount to simple logic,” for reasons that, “there are significant competing investments that didn’t exist back in the 70s and 80s, such as exchange traded funds in gold and silver…The largest of these funds, if you read the prospectus, you find out you’re investing in a fund that doesn’t have even the legal obligation to deliver gold itself, and they have the absolute ability to only deal in paper equivalents.”
and regarding the MF Global scandal Jim Sinclair says : “When problems like this occur, and when investors question whether or not their statements means anything, assets without liabilities attached to them held physically or stored personally by the investor become very attractive.” and He concluded by saying, “the MF Global situation—is a piece of dynamite sitting underneath the gold price.”

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