Thursday, August 18, 2011

Gold Gains on debt crisis and growth fears

Gold remains the ultimate safe heaven says Andrey Kryuchenkov, a commodities analyst at VTB Capital, Any Gold Sell off Would Be `Short-Lived' Central Banks became net buyers of gold , Gold will remain the most appealing short term asset , where else would anybody put his money when there are so many market uncertainties and the FED just announced that it will keep interest rates so low for another couple of years ....



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 : They want to have an excuse for QE3

Bob Chapman - Radio Liberty - 15 Aug 2011

Bob Chapman : They want to have an excuse for QE3 , that's part of why S&P alone lowered the rate of the US debt they want three things out of this , number one their unconstitutional super congress number two they want to chop off medicare and social security ...but also what they want to do is have an excuse for QE3 they also want to bring back corporate profits from overseas ...they want to bring this money in to help the economy ...

Dubai Investors seek refuge in Gold

Gold is now number export out of Dubai after Oil and they want to keep it that way they built a physical and financial market , there is a gold future Market in Dubai , the trend is of aggressive accumulation , unlike the other times when the gold prices climb investors used to take advantage by selling their jewelery , this time it is not happening , Gold sales are up a 100 percent to individual consumers , the rulers of Dubai want to become a gateway to the Indian market one of the largest Gold markets . they even created a Dubai gold coin to be legal tender ....


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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