Brenton Saunders, Director at Taurus Funds Management, says that Gold is not in any kind of bubble that Gold Bull run just started says Brenton Saunders because it is hopelessly under-owned , the biggest fund managers in the world , trust funds and central banks are trying to diversify away from what is hopelessly over owned US Treasuries and Forex and the reality is that the alternatives are quite limited , the obvious alternatives are things like the Euro the Yen the Pound and their respective fixed interest the reality is that these markets are not in great shape either ...the reality is that Gold is heavily under-owned in the institutional environment we know it is under owned in central banks environment
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)
Wednesday, July 27, 2011
Bob Chapman : we will see a long run in Gold and Silver that will surprise many people
Bob Chapman - Radio Liberty 3rd Hour - 25 July 2011
Bob Chapman : we had a number of test on the support levels for Gold and Silver , i fact Silver had 8 full tests on their lows of $32.5 to $36 and you have a broad test like that usually it is 3 may be 4 times , this is 8 times so when you have a situation like that historically you usually have a break out and a large run and usually it is a 100 to a 150 percent and that's usually is over 6 to 8 month period following the test , so by the end of the next February I would think that we probably will be looking at something over 2000 dollars for Gold and that's very very conservative and probably 70 or 80 dollars silver and it could be much higher
Tuesday, July 26, 2011
Bob Chapman : the president is lying
Bob Chapman - USAprepares Radio Show - July 26, 2011
Bob Chapman : the debt ceiling talks is a distraction , the president is not telling the truth he is lying , anything goes in his world and Bush was just as a bigger liar as this guy is ....it is political theater and they are all playing the game
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