Peter Schiff: Janet Yellen as Fed Chairman is Very Bullish for Gold

Peter Schiff, CEO of Euro Pacific Metals, predicts, "Americans' standard of living is going to move dramatically lower. . . . We're not going to be buying a lot of new things because stuff is going to be very expensive." Schiff contends, "This is just a question of time until the illusion is pierced. When the collapse happens, that's it--the party's over. America is going to have to live within its means." Join Greg Hunter as he goes One-on-One with money manager Peter Schiff.

The Secret World of Gold

Gold is by far the most popular precious metal for investors – especially during times of financial instability. Despite its recent price downturn this month, gold is relatively stable and is seen as perpetually valuable. Because of this, gold is often used in financial portfolios as a "hedge," to offset potential losses should other riskier investments not pay off.

PETER SCHIFF : GOLD is Now Selling for Less than Mining Costs

If GOLD in the US reverts to equal to the money supply, M2, it would have to be between 60-90K per oz. Even if it only covers 10% of the money supply, it should be between 6-9K per oz. If it were to cover the whole money supply, M3, it would have to be between 380-560K per oz. At a minimum, gold/silver will go up by at least 5X. Maybe as much as 45X current prices. Precious metals are the buy of a lifetime. Buy every ounce you can afford.

GOLD | How to and where to find Gold

Turon River, NSW, Australia. When prospecting for gold, look for rock bars and bedrocks where gold bearing wash might be deposited.
We call this "test panning" and with small amounts per bucket we continually move on until we find 20 or more flakes per pan, this is where we set up the hi-banker and find the serious gold.

Bob Chapman : Gold at $2000 before the end of the year

Bob Chapman - Discount Gold & Silver Trading 29 June 2011

Bob Chapman : The Banks in Europe are all broke and it is also true for the United States , the Banks are all broke and anybody who keeps his money in the banks except for operating expenses should have their heads examined , CDs are guaranteed certificates of losing your money ....if anybody believes that there is a way out there is something wrong with them because this is terminal there is no way out there is no way to save America and have it the way it was before , America can survive if we have tariffs if we break up all these treaties which will come but they are not going to do it 95 percent of the congress is paid off , the American people have to get that over their heads you do not have representation , , Gold has a good shot of breaking the $2000 level before the end of the year , it is all paper market and they cannot manipulate it for so long says Bob Chapman of the International forecaster....

Bob Chapman : Central Banks Gold Holdings are bogus

Bob Chapman : The Central banks are allowed by the IMF to lease their gold , they lease it let's say to JP Morgan Chase hypothetically and they get 0.3 percent in interest , obviously they are not doing it to get an income or an income stream ...the IMF allows all these central banks if they chose to , to lease gold to say JP Morgan Chase let's say it is a billion dollars worth and let's say it is for ninety days and at the end of ninety days JP Morgan Chase does not return the gold they give the money US Dollars , so effectively the gold has not been leased it has been sold , now the IMF allows them and this is mind bugling all these central banks to carry all their leased gold on their books as still belonging to them even though they got paid for it , and so that's why all the figures that you see for the gold and silver holdings at the central banks around the world all are bogus

James Turk : Gold is a sterile asset

James Turk :...the Euro is not the Deutschmark the ECB is not the DeutschBank once you recognize that and understand that you'll understand the reasons why you need to own gold and silver to help protect your wealth and assets against the tough times that we got coming . James Turk Compares Gold's annual rate of exchange against 9 major currencies : The US Dollar the Canadian Dollar the Australian Dollar the Chinese Yuan The Euro , The Indian Rupee The Japanese Yen The Swiss Frank and the British Pound ....Gold is without a doubt one of this decade's best performing asset classes ...very few years in this table when gold actually lost value against any of these currencies , we had double digits rates of appreciations against all of the world's currencies ...this is a very simple way of preserving your purchasing power just hold GOLD...this rates of appreciations are going to continue...Gold is not volatile , the volatility comes from the currencies...gold is not investment Gold is Money , Gold is not an investment it is a sterile asset cause it has no cash flow attached to it that's why it is money , now there are two things you can do with money either spend it or save it , presently because gold is so depressed you should save it until 2013 - 2015 when James Turk prognosticates a gold price of $8000 an ounce then you can start spending your gold and buy undervalued assets and we will be riding the next boom bust cycle ...Gold does not increase your wealth it preserves your wealth , Gold does what money is supposed to do it is supposed to preserve purchasing power over time , The US is heading towards an Argentine type of hyperinflation



One could argue that with the paper manipulation in the gold and silver markets, holding physical gold and silver will BOTH preserve wealth AND create wealth.


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)

Marc Faber : Gold is not in a bubble

Marc Faber : " ...In Gold and Silver Terms   the dow jones over the last ten years has already lost over more than 80% of its value. and yesterday, my friend frank holmes was on cnbc, and i don't know remember if it was you or somebody else, but the two interviews were kind of ridiculing him, telling him that gold was a bubble and so forth. i just came now from a conference. there were over 200 people here in Singapore. i asked the audiences, fund managers, you would imagine that they are intelligent. i asked them who of you has personally more than 5% of their assets in gold. not one person lifted their hand. not one. if it were a bubble, a lot of people would have gold. the whole world would be trading gold 24 hours a day. but i don't think it's really a bubble. i think maybe gold is cheaper today than it was in 1999 when it was at $252. "

Donald Trump on The Gold Rally

Donald Trump : Gold will continue to go up as long as people do not have confidence in our president and our country , and they do not have confidence in our president , you look at what happens with healthcare , I have friends who want to close down their businesses on this new healthcare or as we call it Obamacare , so if you look at what's going on with costs and with healthcare and with a lot of other things gold is going to go up because they do not have confidence in the president and they do not have confidence in the country , they do not have confidence in our negotiators ...

Gold, Cotton Prices May Rise Further says Gary Mead of VMG

March 9 (Bloomberg) -- Gary Mead, an analyst at VM Group in London, talks about prospects for demand driving cotton and gold prices higher this year. He speaks with Mark Barton on Bloomberg Television's "Countdown."

Bob Chapman - Gold 8000 and JPM - 02/2011

Bob Chapman - A Marines Disquisition: - Gold 8000 and JPM - 02/2011

World Gold Council 2011 outlook for Gold

Feb. 17 2011 | Gold demand hitting a 10-year high in 2010, with George Milling-Stanley, World Gold Council, and CNBC's Bob Pisani.

Gold, Copper Due for Pullback

Feb. 14 2011 | Copper and gold prices have seen a run-up and John Licata, Chief Commodity Strategist at Blue Phoenix says they are now due for a correction. He tells CNBC's Karen Tso and Martin Soong what looks attractive to him now in the commodities space.

Gold is having technical problems breaking above $1,350

Jan. 31 2011 | Todd Horwitz, chief strategist at Adam Mesh Trading Group, says gold is having technical problems breaking above $1,350. Michael Preiss of Standard Chartered Bank believes investors should reduce their precious metals holdings. They share their thoughts, with CNBC's Martin Soong.

Gold : we are in the middle of a correction

Jan. 20 2011 | A check on commodities, with Dennis Gartman, The Gartman Letter.

Mike Maloney: Gold should reach $15,000/oz!

Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and Silver, Mike Maloney, explains why gold and silver are vital investments for todays economy.



the Fed printed it again? this don't include the $600-$1 trillion that was announced on nov 3, 2010

Gerald Celente forcasts Gold at $2000

Gerald Celente on FOX News 01/01/11

Mike Maloney and Max Keiser on Deflation, Gold, Silver and China

The IMF and the FED are now openly talking bout territory for debt swap..Are we going to lose the national parks like Yosemit and Yellowstone to the Federal reserve and its owners (queen of england?)...??/..Just say NO!

Mike Maloney interviewed by Max Keiser on The Keiser Report.

Mike Maloney is the author of the "Rich Dad's guide to investing in Gold and Silver" and has a lot of knowledge on economic history.

Mike talks about the banking system and how they create and expand the money supply via fractional loaning.
He explains the future and the debt crisis and how it will boost gold and silver.

In his book he describes "The Biggest Wealth Transfer in The History of Man Kind".
You can become extremely wealth during times of economic turmoil... If you know how!

Let me teach you how to build a steady and regular portfolio of Gold & Silver and earn monthly income from helping others do the same!

Gold Weakens as Dollar Gains on Europe Debt Woes

By: Reuters
Gold fell 1 percent on Friday as the dollar pushed to fresh two-month highs against the euro on worries that Ireland's debt crisis was spreading and on growing speculation of an imminent Portuguese bailout.
However, gold was underpinned by some modest safe haven buying amid investor nervousness over the European debt crisis after a newspaper report that euro zone nations were pressuring Portugal to follow Ireland's lead and seek a bailout. Portugal and Germany's finance ministry denied the report
read entire article

Crisis of Fiat Currencies: US Dollar Surpluses Converted into Gold

Bob Chapman
The International Forecster
November 22, 2010
Something is going on that your government does not want you to know about. Very few journalists have written about it and little or nothing has appeared in the mainstream media. The story could be one of major stories of our time.
Western powers have tried to destroy gold as a backing for currencies for many years. Presently the major media won’t touch the story and that is understandable.

Something we have been writing about for years is the Shanghai Cooperation Organization known as SCO. Few have been listening and few have been interested in what their mission is and what they have been up to.
read full article >>>>