Bob Chapman - The Financial Survival 28 Nov 2011 : 6 trillion are needed to bailout Europe , the Chinese economy is slowing down , the American GDP growth figures are really doubtful , nobody knows what's the government is doing , we live in an upside down world .....fraking is causing massive damages and earthquakes
Monday, November 28, 2011
Gold to $2000/oz in the near future says Ned Naylor-Leyland
Ned Naylor-Leyland of Cheviot Asset Management talks about the outlook for gold prices and how the paper gold market is an estimated 100 times larger than the physical gold behind it, so that investors will have a very strong incentive to have physical or a secure title that is as close to physical as possible
Invest in GOLD , the only Real Asset
Always remember that whatever is printed on a paper is worth the paper it is printed on , including your cash , Paper is worthless , sure Gold recently is behaving badly and it is down 17 percent from its peak , but it is still up 20 percent this year and that's a lot better than most of the stocks out there DO NOT BUY PAPER or certificates or options or store funds in the banks (aside from immediate living expenses). Only buy gold or silver for delivery in hand and buy a fireproof safe to store it in at home. Banks are already stealing customer deposits/funds (with govt approval) so do not be fooled. Buy the real deal and store it safely at home.
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