James Turk : QE3 is inevitable

James Turk of Goldmoney on Goldseek Radio July 12, 2011 : " to me it seems inevitable , the US government is spending more money than the market is willing to lend to it , that means that you will have to the central bank and the central bank turns that borrowing into currency which the government spends or the government has to cut back and there is no indication whatsoever that the US government is going to cut back at any of its spending aspirations I mean it can't even agree to cutting the spending in the future when in fact what it should be doing is cutting spending right here and now , so it seems to me that QE3 is inevitable and ultimately that's going to destroy the dollar to more inflation if not hyperinflation "..." this is the summer that could surprise people , to me it is setting up like the summer of 1982 when gold soared during the Mexican debt default , Mexico is not the center of attention now obviously it's Europe Greece Spain Italy anyone amongst a dozen of countries around the world who have too much debt and are over leveraged , but people think the summer is going to be a quite time , going to the beach , seasonally gold often slows during the summer , I think this is going to be a summer again like 1982 really surprises people , so I am very bullish here and the fact that this correction that we had over the last couple of months driven a record amount of people out of the market suggest to me how strong the metals have been during this correction ..."



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)

BOB CHAPMAN - A MARINES DISQUISITION SHOW - 14TH JULY 2011

Bob Chapman : ...before you know it they'll have the whole middle east inflames , and then they will blame the war for the crisis , we have an extortionist in the white house , we do not need presidents like that telling the Americans that if you do not get your congressman to vote for this we are gonna shut you off...

Adrian Douglas : Gold to $57,000/oz Silver Even More

Adrian Douglas is a Director of the Gold Anti-Trust Action Committee (GATA) and editor of the Market Force Analysis Letter : '" a lot of people try to dismiss manipulation without really looking at the facts " there is a perfect correlation between the prices of Gold and Silver says Adrian Douglas , since October that correlation is broken down ,...the manipulation cannot continue forever there has never been a manipulation of a market that has continued forever , this is a true opportunity for investors cause the price of gold and silver have been kept well below their market value the investors will make huge gains when the Gold and Silver find their true market values




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)