An outlook on the gold and silver trade, with Rob Stein, Astor Asset Management and Christian Magoon, Magoon Capital. Christian Magoo : "you have a number of options here. one way to hedge just a general way is to own the physical gold ETF. i like IAU. it's less expensive and owns the physical bars of gold. to be a little more aggressive, should gold have a correction of 10% or month? i actually like junior gold miners, gdxj. it's the ETF that owns a variety of those, and it's been a more volatile way to play gold. at this point it's kind of come on track a little bit from gold as physical gold is positive for the year, but junior gold miners is negative for the year. i think there's an opportunity there"
Tuesday, June 7, 2011
Discount Gold and Silver Trading 06 June 2011
Bob Chapman : IBM to spend 678 million dollars transferring jobs out of the United Stats to Mumbai in India , there is no end to this we gonna wake up and there are no jobs and they will be herding everybody to internment camps that's where this all headed ....
QE3 will be bigger than QE2
Bob Chapman - Radio Liberty - June 6, 2011
Bob Chapman : if we will have QE3 it will be bigger than QE2 , unlike with Portugal and Ireland the European bankers are asking for collateral in Greece
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