Visionvictory takes us to a mining tour of a gold mine in Nevada , the goal is to show you that gold mining is not an easy task it requires heavy machinery a lot of energy and human power and skills , tons of dirt and ricks has to be moved or crashed in order to get one ounce of Gold , unlike money printing gold mining comes with a cost and that adds to the value of Gold , gold cannot be created out of thin air as we do with paper money . Nevada accounts for 75% of gold production in the United States and 7.2% of the gold mined worldwide
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)
Saturday, June 25, 2011
Bob Chapman - Discount Gold & Silver Trading - 24 June 2011
Bob Chapman of the International forecaster after a Golf break is back today ,
Bob Chapman : The Gold and Silver markets are under pressure ,Greece Italy and Ireland should have never been into the Euro they did not qualify , amongst the PIIGS countries only Spain really qualified for the Euro , after Greece the pot is boiling in Italy too that could turn very nasty , the Italians are more agressive than the greks are , youth unemployment in Spain is too high , when you have austerity and people do not work they do not pay taxes and there is no money for the state that's howthe IMF has countries tied up
Bob Chapman : The Gold and Silver markets are under pressure ,Greece Italy and Ireland should have never been into the Euro they did not qualify , amongst the PIIGS countries only Spain really qualified for the Euro , after Greece the pot is boiling in Italy too that could turn very nasty , the Italians are more agressive than the greks are , youth unemployment in Spain is too high , when you have austerity and people do not work they do not pay taxes and there is no money for the state that's howthe IMF has countries tied up
Friday, June 24, 2011
Buy Gold on Dips - Dips are Discounts
Buy Gold on Dips , Dips are discounts and you should take advantage of them whenever they occur , Gold and Silver both falling sharply today , this is a great opportunity to purchase more physical gold and silver , Gold and Silver have only one way to go on the long term and that is up and up , cause the federal reserve is flooding the markets with worthless paper money , and soon all that money will start chasing the real assets on the market namely gold and silver sooner or later the dollar is doomed to crash many experts say the dollar will go bust in 2012 the Euro won't even make it to 2012 , Gold and Silver are the only safe heaven , stocks and the dollar could go to zero at any time gold will never go to zero , Gold has been money for 6000 years , so do not get discouraged by this volatility which is likely the job of God knows what market manipulation , go get your physical gold and silver go long and stay long , remember what happened during the Wiemar republic , those who had their saving in paper money got wiped out and the few who had their savings in Gold were able to buy entire chunks of downtown Berlin with a handful of gold ounces , tomorrow the same scenario could very well happen in America the public will wake up to the fact that the only real money is Gold and Silver...
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)
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)
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