Bob Chapman - The Financial Survival - 08 Aug 2011

Bob Chapman : one of the reasons they are doing this besides getting the correction out of the way before the election ,they want a justification to have a QE3 , the gold and silver shares are way way under priced , I will be buying gold coins bullion and shares even when gold will be at $3000 an ounce

Gold today should be over $9,000 an Ounce : Bert Dohmen

Bert Dohmen of the Wellington Letter , president and founder of Dohmen Capital Research Institute discusses with Jim Puplava of the Financial sense newshour , according to Bert Dohmen Gold today should be worth 9000 dollars an ounce the way they valued it at Bretton Woods "investors have now found out in the last two years with all this fantastic stimulus that has been put into the system everywhere in China in the US in Europe it was all for nothing , all we got was a two year cyclical bull market , we are in a bear market right now that actually started in 2007 , this is the worse situation ""Gold is the only money " " we are going to have a pull back in gold because they are going to raise margin requirement as they did with 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)

Bob Chapman - The Free American Hour - 08 Aug 2011

Bob Chapman : Mexico is going to do very well , they have bought 100 tons of Gold recently the economy is booming the inflation is low and there are plenty of jobs matter of facts many Mexican skilled workers started leaving the United States to go get a job in Mexico and there are plenty of jobs in the car manufacturing industry ...