Wednesday, January 25, 2012

Gold is up $44 today !!!

This Gold rally seems to have originated from the FED's meeting a and the outcome of the FOMC meeting and the Fed's pledge to hold rates low through 2014 .the pledge to hold rates low through 2014 pushing stocks higher , a lot of trader called this a quasi QE3

The 2012 Australian Koala Silver Coin Series

 http://www.perthmintbullion.com
This video shows production of the 2012 Australian Koala silver bullion coin series at Australia's Perth Mint. Made from 99.9% pure silver, this year's coins portray a sleeping koala.The latest annual designs for the Australian Gold and Silver Bullion Coin Program from The Perth Mint. Issued as Australian legal tender, these 2012-dated gold and silver coins are for investors who want to buy bullion and collectors who want precious metal coins with annual design changes. Struck from 99.99% pure gold and 99.9% pure silver in a wide variety of sizes, the Program comprises the Australian Kangaroo, Australian Kookaburra, Australian Koala and Australian Lunar coin series which marks the Year of the Dragon.

David Morgan : The Dollar to collapse in 2 years

David Morgan believes we are currently in a long consolidation period. Predictions for 2012 Gold $3000 Silver $75. Money supply is increasing, which has been and will be driving the price of Gold and Silver higher.U.S. has another 2 or 3 years before the currency collapses.

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

Explosion of physical Gold demand from China

There is an explosion in the the amount of physical gold buying around the world and especially in China. John Embry of Sprott Asset Management told mineweb recently : "You saw the number of the imports via Hong Kong into China for the last year - there were about 100 tonnes imported in November alone . If you think about that it's only about a 4,000 tonne market and in one month the Chinese import 100 tonnes. That's huge. They've been pretty forthright about saying and expressing their views on gold and other things and now they are taking action."

John Embry : The 12th year of Gold bull cycle will be the best

1/25/2012 : Sprott Asset Management's John Embry interviewed by Mineweb - John Embry believes that the prospect of global "Weimar situation" is very real and bullish for gold. "If the economies are as damaged as I think they are, particularly in Europe, (I don't think they are as good in China or the US as they are trying to crack them up to be).... I think gold and silver prices could conceivably see the biggest percentage gains this year that they've had in the entire bull market" John Embry said "There's an excess debt issue in virtually every country of any import in the world and the chance of growing out of it are zero. I am a big believer in Austrian economics which says growth requires more and more debt creation. We can't support the debt we have already. We have seen that in vivid fashion in Europe," he added

Bob Chapman - Sovereign Economist - January 18, 2012

Bob Chapman - Sovereign Economist - January 18, 2012 : we have a downgrade for Italy, coming from Fetch , Germany itself is not immune it was downgraded from AA to AA- by a European grading agency and the reason is because Germany ( with the federal reserve in this case ) is guaranteeing all that it which is on the hook too which makes sense


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