Thursday, May 5, 2011

Mexico confirms Gold record purchase of 100 tonnes paid 4.4 bln dollars

The Banco de Mexico, confirmed yesterday Gold record purchase of 100 tonnes paid 4.4 bln dollars said in a statement it had bought in recent months , This represents about 4% of the world gold reserves , it is stated in the note pointing out that the deal''is part of the institution in the usual political issue with respect to investments and the diversification of assets.''According to the IMF, Mexico has purchased the gold by spending at least $ 4.3 billion.

Andrew Gause on The Silver CRASH

Andrew Gause monetary historian explains the silver crash , how the CME caused the collapse in the silver price , a lot of speculators decided to sell because they did not have the extra money the CME was requesting



Andrew Gause ,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.

Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future ofmoney

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)

Silver at $36 , Gold below $1500 ,This is market manipulation

Silver margin requirements raised, causing paper silver to be sold but physical silver is being sold for higher prices, silver will hit a bottom and then skyrocket back up higher than ever in history


Bob Chapman : gold and silver looking for a bottom now ,this is a definate attempt to rig the market ... you will see silver run back up next Monday ,...we are living in a corporate fascist society run by a bunch of Nazis , our government and Wall street are full of Nazis says Bob Chapman of the international forecaster they want virtually untouched profits free gain with no regulations no anti trust laws they want to do anything they want to do and as a result of that they create monopolies
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