Wednesday, February 1, 2012

Gold prices are set to explode in 2012 - Peter Schiff

Gold prices are set to explode in 2012 Peter Schiff, CEO of Euro Pacific Capital, says the stars are aligned for a gold rally.Schiff says he's "more optimistic about gold" this year than he's ever been and says all the shorts and newly turned gold bears will miss the imminent rally. Moreover, gold mining stocks (such as Newmont Mining and Barrick Gold Corp.) will finally play catch-up to gold, he says, meaning big returns for investors who have stayed with these stocks as they significantly lagged the precious metal."People who are using Treasuries as a safe haven are making a grave mistake if they don't get rid of their treasuries soon," he says.One of the biggest investment stories in 2011, gold ended the year up 10% - a sharp contrast compared to how U.S. stocks closed in 2011 - but a big drop-off from gold's September high of $1,920.30 an ounce. Gold had one of its worst fourth quarters in decades, losing 10% in the month of December alone.Gold has no price. Prices are a matter of currency values. Gold isn't volatile. The currency is.The CME has increased margin requirements twice for Silver and 6% for Gold long contracts to about 11% of the contract. Yet naked short positions need to have no physical holdings of Gold. This can only force the price of precious metals down . If you want to be long on Gold contracts you have to hold more dollars, if you want to be short on Gold you dont need any Gold at all to do so. Looks like the CME has taken over Precious metals price manipulation from J.P.Morgans & HSBC's prop traders. If the naked shorts of Gold & silver were forced to hold just a 6% inventory of the physical metal to back their trades there wouldn't be enough physical supply & the whole system would collapse, yet the CME insists overnight that holders of long contracts in Gold have to hold an extra 6% magin of worthless paper (money) to cover their long contracts. The gold price drops $80 in a week. The chicago mercantile exchange is the new J.P.Morgan precious metals manipulators. Buy only physical metals.

The wrong way to Buy GOLD - Peter Schiff

Just buy the coin for it's melt value, as close to spot price as possible you don't need to get a fancy coin, don't be silly, you should just be buying the cheapest coin you can (silver/gold) I just buy from APMEX. I'm not trying to hype them up, but APMEX is pretty competitive on prices for their Eagles. I dont even bother to call them, I just order online. I receive a tracking number the next day and in about a week my delivery arrives. Pretty boring actually. I also have a local coin dealer where I buy Peace, Morgans, Franklins & Kennedy's, their prices are fair and the sales clerk has nice tits, so that keeps me coming back. People should be smart enough to do their own research plain and simple....I would never do business with goldline or do business like goldline. But if people are dumb enough to buy from them....then it is what it is.

Bob Chapman the Financial survival 01 February 2012

Bob Chapman the Financial survival 01 February 2012 : ROMNEY DOES NOT CARE ABOUT THE AMERICAN MIDDLE CLASS , 99 percent of his contribution comes from Wall street , when he get elected the powers behind the government will tell him what to do and he will do it .....

Marc Faber : Gold could fall another $200

Marc Faber : In the past 10 years gold and silver have performed superbly. The gold price overshot on the upside when it reached $1,921 an ounce on Sept. 6. Now it is in a correction phase and could fall another $200.

Buy Gold when Investors Trade Silver

Gold prices up 11 percent in the January , gold trading right around that 1750 level this is a big jump says Tim Harvey Senior VP ETF Securities , how much is still going to run , nobody can tell he says but we are seeing that the Chinese, are now back from their new year now , so there is still strong demand from China and India , recent reports indicates record imports of gold from china since the beginning of this year , the biggest catalyst for gold price in the next week says Tim is going to be Europe and the debt problems in Greece Portugal Italy and so on so forth this is obviously very good for gold he says

Bob Chapman : These elections are a Circus

Bob Chapman on The National Intel Report with John Stadtmiller 2012.01.31 Bob and John talk about the circus (Elections) , only one to two percent of the whole world population owns any gold silver or related assets just go long and stay long we are headed for a nice rally in the coming months, the world risks world war 3 in case Iran is attacked

Donald Trump happy that NYSE stays in America

Donal Trump : "well first of all i have to say I'm very happy that the new york stock exchange is not going to Germany. why? i've been complaining about that for a long time. because the new york stock exchange should be in this country. it shouldn't be owned by somebody else, another nation, another company. it shouldn't be involved with, the new york stock exchange should be this country. so I'm very happy to see it, Becky, to be honest. i think it's a good thing for the country." "The NYSE should be in this country and shouldn't be owned by anyone else and any other country," says Donald Trump, Trump Organization chairman/president. Trump also shares his thoughts on the GOP race for nomination and adds, the longer the campaigning goes, the longer discussions continue, which is good for the party. He says if the economy gets better it is better for the sitting President.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
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