Ben Davies (hindecapital.com) and James Turk, Director of the GoldMoney Foundation, talk about the Gold outlook in the light of the Fiat currency debasement by central banks worldwide . They see gold breaking the $2,000 barrier this year and moving exponentially. Ben Davies explains that he uses a power-function model to analyze the price of gold, based on Benford's law.
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)
Monday, August 22, 2011
Jeffrey Nichols, very bullish long term Gold $4000/oz in few years
Gold hits today another all time record high above $1900$ and Continues to Rise! Jeffrey Nichols, senior economic adviser to Rosland Capital LLC, gives his outlook for Gold , we had big purchases this year by central banks those are likely to continue and what is really important about central banks is that gold is now off the market , when speculators or even investors buy gold often they will sell it a few months or a year later these central banks are there for decades most likely , we have strong demand from India and from China , retail investors from Europe and the United States all are buying gold
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)
Gold gone off Charts above $1900 - Go physical
Savneet Singh, chief executive officer of Gold Bullion International, talks about investing in physical gold , there is a huge differentiation between owning the physical gold and owning a share in trust that belongs to somebody else , with physical Gold there is no counter party risk
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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