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Wednesday, August 17, 2011
John Embry : Gold is real money
John Embry : Well it could be, because as you go down the path to hyperinflation, it just means that money is being devalued at an ever greater rate. Gold, being real money, is priced in this devalued money. People just don't seem to grasp that it's not gold that's doing anything; it's the value of the money in which it's denominated that's driving the bus. It's going straight down and the price of gold ultimately will go straight up. Now having said all of that, you got to be careful what you wish for, because the societal impact of this could be very, very negative. I would just as soon be wrong, but my job is to analyze things and this is the way I see it.
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)
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)
Bob Chapman - National Intel Report - 16 Aug 2011
Bob Chapman : Reagan was not the conservative people thought he was and I have known him very well and I do know a lot about him , .... they are doing everything to suppress the gold and silver market , the ratio ( of 16 to one ) does not work it is all about fundamentals , it has nothing to do with technicals ratios waves or cycles throw them all out of the window , the ratio does not work it is little boys who like to play with numbers ....when you got a government and a central bank that is manipulating the market 24/7 in many things most of which is gold and silver you can't use them
Bob Chapman starts at around 14:14 in the video
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