Friday, November 19, 2010

James Turk Gold $8000

Gold is in a 2nd stage of a bull market. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.

The Great Silver Awakening

Silver to $500, Californian's still Dreamin', and much more! Conversations 5.0 with special guest, George Hemminger.

Bob Chapman on Discount Gold and Silver Trading Nov 17 2010

Bob Chapman on Discount Gold and Silver Trading Nov 17 2010



Bob Chapman wrote in the International forcaster of November 17 2010: ....
There is no doubt higher oil prices are going to increase costs for all sectors of the economy and negatively affect earnings. If that is going to be the case growth for the current year has to be negatively affected. That means higher unemployment already having been experienced in excess of 22% for months. Do not forget a few years ago that sales were double what they are today and unemployment was more or less half of what it is today. Thus, we enter this new economic region about 50% worse off than we were three years ago. Official inflation is slightly lower today, but real inflation is considerably higher at 6-1/2% to 7%. Capacity utilization is 10% lower as is consumer confidence. These facts certainly do not instill confidence in the present and in the future. As this round of QE2 gets underway we are certainly starting from a much lower base.....
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