Saturday, June 27, 2009

Huge demand for gold & silver


with the FED keeping on flooding the market with US dollar bills , the hyperinflation scenario becomes becomes more plausible and it is now a matter of when rather than if ...Marc Faber amongst other experts warn of a Zimbabwe like Hyperinflation , the rush for the gold have started , There is a huge demand for both gold and silver right now in India and North America. North American shops are completely deprived of silver. Indian shops are empty of both silver and gold. Even the Indian banks don't have any gold or silver.

Friday, June 26, 2009

What's Next In ETFs?

ETF Friday...commodities ETF oil gold silver ...State Street is developing a new ETF family that adjusts for target-date, with Jim Ross, State Street Global Advisors and the Fast Money traders.











The Gold and The Dollar Charts

S&P 500 , dollar loses to the Swiss frank , Gold at 930 level could reach the $1000 an ounce if the dollar keeps on being weak , Gold could easily reach $1200 an ounce and up...The American dollar is coming into a period of weakness, according to Chris Locke, managing director of Oystertrade.com Management. “Cracks are starting to show,” he told CNBC, referring to the price of dollar/yen and the dollar/Swiss franc, which he said could drop to the even $1.00 level.











DAILY NEWS ON BOOZE