Tuesday, February 8, 2011

Gold to Hit $1,400: Chartist

Feb. 7 2011 | Ray Barros, CEO at Ray Barros Trading Group, believes gold will retest the $1,400 level again. With the precious metal currently trading at $1,350 an ounce, he tells CNBC's Oriel Morrison that investors should consider picking up some gold.

Monday, February 7, 2011

David Morgan talks about the fundamentals of Silver on HoweStreet

David Morgan talks about the fundamentals of Silver on HoweStreet



I really believe in the silver story, but when I see gimmicks like this I begin to wonder, cause its such a fake scenario. A paid commerical trying to look like an interview. They are both pretending.3 billion ounces of gold in bullions/coins? I doubt that.

Wikipedia says there are 160000 tonnes of gold above ground. And only 40-50 thousand tonnes of gold are in investments(1.2-1.5 billon ounces). Everything else is in jewerly/electronics.

Metal ETFs

Feb. 7 2011 | CNBC's Sharon Epperson gives any update on the metals markets, from the CME.

DAILY NEWS ON BOOZE