Andy Gause- IMF Background and Gold, Silver - 05-18-11

Andy Gause money historian and gold expert with Patrick Timpone go in details about the Domenique Strauss-Khan affair what the IMF does in the world , how this IMF bank is funded mainly by the American tax payers money , how the IMF a supposedly private bank is wrecking havoc amongst the poor of this planet , tricking entire countries into the black hole of eternal debt sucking resources from the poorest of this planet for the benefit of few bankers in New York

Bob Chapman : Silver will shoot back up

An Update about Silver by Bob Chapman yesterday at the Discount Gold and Silver trading interview , Bob bBelieves that Silver will shoot back up to former highs, this is a good time to be a buyer as is Bob himself

Day of Rebound for Gold and Silver - Gold +1.1%, Silver +4.8%

Precious metals rebound today : Gold +1.1%, +4.8% Silver . The prices of precious metals have closed today in New York with a . The gold futures expiring in June gained 1% to $ 1,495.80 an ounce and silver up 4.8% at $ 35.10 an ounce. The rally in prices of agricultural commodities and oil have made an ​​increase pushed by the fears of inflation by the market . The corn has appreciated by 3.8%, wheat by 7.2% and 3.3% for the crude oil. The prices of precious metals have also benefited from the weakening of the dollar today.It's a Day of rebounds for the precious metal, thanks to the general weakness of the U.S. dollar and despite the very exciting developments in equity markets, given that in recent times, the correlation between equity and commodities has been very strong. Gold is now slightly below the $ 1,500 an ounce mark and 4-hour chart shows an interesting triangle of compression in the coming days (or maybe in the next few hours) could be implemented with a directional movement of relief. The high volatility of the market makes it impossible to make accurate projections in the short term, although it must be said that in the last hour prices were the first bouncing off lows on the support area of $ 1,480 / oz and then the area of $ 1,490 / oz . it is impossible to envisage if the target is upward or downward: in the event of continuation of the upward trend, we can assume a landing area at least $ 1,530 / oz, and if sentiment deteriorates again we can expect a fast return to area $ 1,480 / oz before and $ 1,460 / oz . As for silver, however, currently quoted in the area $ 34.9 - $ 35 an ounce and are in contact with the dynamic resistance of Ema20 about 4 hours. We are dealing with a side stage for several hours and even here a new burst in volatility is possible . Downward eye to the loss of $ 34 / oz, which sheds new area prices to $ 32 / oz. In the event of continuation of the bounce, however, could be considered a landing at 36.5 $ / oz first and then $ 39-40 and up.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet