Thursday, January 13, 2011

Gold Heading Above $2000 By 2011?


Philip Manduca, head of investment at ECU Group, speaks to CNBC about the "stress tests" for banks, the bear market rally and gold. He foresees inflation, currency devaluation and a second wave of massive deleveraging on the horizon, and is therefore very bullish on gold."You will, in my opinion, see gold well above $1500 before the end of next year, based on risks of inflation, because it's the only way we're going to get out of the debt problem; [you will also see] currency debasement and devaluation, because it's the only way we're going to get out of the debt problem, and of course [you will see] the potential for a massive debt bust", he said.

Jesse Ventura - Conspiracy Theory - Gulf Coast Oil spill HQ Full Length version!

FULL LENGTH 45 MINUTE EPISODE (Season 2, Episode 7)

"The Gulf Oil Spill"

The BP oil disaster in the Gulf of Mexico has led to devastation along Louisiana's coast and in its fishing and tourism industries.

But was it deliberate? Jesse Ventura leads his team into the bayou where they investigate claims of a plot to depopulate Louisiana and turn it into America's refinery.

At the core: the government's alleged secret, multi-billion dollar depopulation program that began in the aftermath of Hurricane Katrina and was kicked into Phase Two with the oil rig blast.

Gold and Silver : The Price is High for a Reason

Gold and Silver are high for a reason and there is no reason they won't go even higher ....Lind-Waldock Strategist Jim Comiskey discusses the metals markets (gold & silver). Topics covered: European central bank leaves interest rates unchanged; Spain issues more debt; PPI up higher than expected; Gold is high for reason; Buy metals on drips?

DAILY NEWS ON BOOZE