Wednesday, July 17, 2013

Gold after Bernanke - Peter Hug of Kitco Metals




Peter Hug talks gold after Federal Reserve Chairman Ben Bernanke's testimony in front of the US House of Representatives on Wednesday. According to Hug, Bernanke's comments were nothing different from what he's been saying for the past 3 months. "He's basically saying and been saying that if the economy improves he'll consider easing off on the tapering program, which doesn't mean increasing interest rates. If the economy gets worse, not only will he continue his bond purchases but he may even increase them. So it's status quo," Hug said. "This [gold] market is at risk of further weakness," Hug added. He is concerned because negative news coming out of Europe and Egypt as well as the Fed's continuous easing should propel gold prices higher but they are actually in a downward trend. Prices are going down because people are looking for returns so they are getting out of gold and seeking assets that yield returns, Hug said. Tune in now to hear Hug's resistance and support levels for gold. Kitco News, July 17, 2013.

Junk Silver Investing - Choosing the Coins that Sell at a Higher Profit

Let's take a look at the various scrap silver choices in U.S. coins. I talk about the least expensive pieces to get and how it will better compliment your other silver/gold bullion. Thanks for watching! For more coin related news, tips and amazing circulation finds,



I like the so called "junk" to go along with the bullion.  I have pulled some nice numi's from my junk. What's your take on bullion stack coins? I am partial to the Libertad. Most of my bullion is in Libs and Eagles. Lately the Libertads. Cheaper Premium and nice looking coin. 

Gold Backwardation Seen by SocGen Prompting ‘Corrective Rally’

Gold’s biggest backwardation since 1999 prompted a “corrective rally” and negative investor sentiment means the outlook is still bearish, according to Societe Generale SA.

Physical gold demand is strong and “nearby tightness” will persist for the “foreseeable future,” Robin Bhar, a London-based metals analyst, said in a report e-mailed today. Gold will average $1,150 an ounce in 2014, according to the bank, which predicted the rout in April when prices entered a bear market, having fallen 20 percent from the high last year.
http://www.bloomberg.com/news/2013-07-17/gold-backwardation-seen-by-socgen-prompting-corrective-rally-.html

SILVER SHORTAGE


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

Tesla Inventions July 16 2013 Coast To Coast AM



 Professor at the University of Virginia, W. Bernard Carlson discussed how Nikola Tesla was a major contributor to the electrical revolution at the turn of the 20th century, and one of America's first celebrity scientists. Though Tesla is currently in vogue, he was largely forgotten about for a number of decades after his death in 1943. Born in what is now Croatia in 1856, Tesla initially worked for Thomas Edison's branch in Paris, before coming to the US. Compared to Edison, Tesla was more of a thinker, while Edison was a tinkerer. Tesla "would visualize inventions in his mind...he had a three dimensional imagination," and was able to work out a lot of the details in his head, Carlson explained.

Tesla and Edison had a falling out, and Tesla took his arc-lighting system for streetlights elsewhere. One of his most impressive inventions was a motor that ran off AC, and he sold his patent for it to George Westinghouse in 1888, which set the stage for how we produce and consume electricity today. Tesla also worked with Westinghouse on the construction of the hydroelectric power plant at Niagara Falls. "Before Tesla there was only electric lighting, after Tesla you have electric light and power," Carlson noted.

In the mid 1890s, Tesla was as admired as Edison, and got a lot of press coverage and attention. During this time he developed the Tesla Coil, a high frequency high voltage transformer used to produce electricity. He also contemplated wireless power in this period, with the idea that electrical energy could be pumped into the earth to make the earth resonate, and serve as a power source by putting a pipe or wire into the ground as a conduit for the energy. He worked on the wireless concept up until 1905, when he had a nervous breakdown, Carlson detailed. Toward the end of the his life in the 1930s, Tesla began to talk about a particle beam weapon or "death ray" that could shoot down planes, and it was later revealed he'd created a preliminary design for it.
Chronic Pain Issues

First hour guest, orthopedic spinal surgeon Dr. David Hanscom talked about the problem of chronic pain. He's found that it's linked to rage developed around the feeling of being trapped by the pain. Chronic pain can be alleviated by building up or stimulating alternate pathways in the brain that can bypass the path the pain travels in, he suggested. Hanscom also commented on a report that hospital admissions for pediatric chronic pain is up 831% over the last 7 years, with teenagers especially affected.

News segment guest: Jerome Corsi

Robert Kiyosaki : The road to success isn't necessarily the one you've been told


Robert Kiyosaki : The road to success isn't necessarily the one you've been told.

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.

Kiyosaki : If a child has a strong financial education from home, they can do what they love and still do well financially


Robert Kiyosaki : If a child has a strong financial education from home, they can do what they love and still do well financially.


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.

Robert Kiyosaki : If you do what you were created to do, MONEY will find you.



Robert Kiyosaki : Money is a precessionall event. If you do what you were created to do, money will find you.

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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