Friday, August 26, 2011

Gold Rallies on Bernankes No News Speech

Gold Rallies on Bernankes No News Speech , we are in a situation that resembles pre Lehman with the banking crisis in Europe there is not only a liquidity problem that is building but also an insolvency problem , people are losing faith in paper money worldwide , we will see a $2500 Gold in no time , Ben Bernanke is more likely to announce Qe3 or whatever he will call it during the coming FED meeting in September we will more likely see gold at $2000 by then








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 : Sell Apple Stocks and Buy Gold and Silver related assets

Bob Chapman : Steve Jobs is dying it is as simple as that that's why he is stepping down , they have tried to phase it out they did not want to do it when he was having these treatments , that's what is happening , Apple is a wonderful company with a wonderful product but I think but I think with him really out of action it is really going to hurt the company it will probably take may be 50 to a 100 dollars a share of its value I would be a seller , and I would switch the money to gold and silver coins bullion and shares certainly they are cheaper than where they were two days ago , I will be getting out of the stock market as well sooner or later it is going down , it is a giant bubble and a scam so the only place to be is gold and silver coins bullion and related assets

Sell Apple Shares & buy Gold and Silver - Bob Chapman

Bob Chapman : Steve Jobs is dying it is as simple as that that's why he is stepping down , they have tried to phase it out they did not want to do it when he was having these treatments , that's what is happening , Apple is a wonderful company with a wonderful product but I think but I think with him really out of action it is really going to hurt the company it will probably take may be 50 to a 100 dollars a share of its value I would be a seller , and I would switch the money to gold and silver coins bullion and shares certainly they are cheaper than where they were two days ago , I will be getting out of the stock market as well sooner or later it is going down , it is a giant bubble and a scam so the only place to be is gold and silver coins bullion and related assets


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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