China boosts Gold price

Gold prices are rising today despite the strong dollar mostly due to strong Chinese imports of gold which during the last quarter of the last year , China imported a 103 tons of gold in the month of November 2011 alone , it was all in anticipation of the Chinese new year which starts next week

James Turk : Gold to go over $2,000/oz in 2012

James Turk : “With regard to gold and silver themselves, I think we’ve seen the low for the year. I think we’re going to clear $2,000/oz. on gold before too long and I think $100 silver is quite reasonable. Something over $2,000/oz. this year seems likely, and something over $50oz. perhaps as high as $100 per ounce. on silver seems to me the most reasonable course...The mining stocks are still on the runway [ready for takeoff]. The runway is this trading range they’ve been in for the last couple years now…Eventually they’re going to break out of these trading ranges to the upside, and they’re going to take off. Hopefully it’s going to be the first quarter of this year because I’m expecting much higher prices on both gold and silver as we work our way to the end of the first quarter.”

The National Intel Report with John Stadtmiller 2012.01.10

The National Intel Report with John Stadtmiller 2012.01.10 with Guest: Bob Chapman -- TheInternationalForecaster.com LIVE from the studios of KWTO 560 AM in Springfield, Mo. On the day of the New Hampshire primary, John, Vince Finelli of USAprepares.com, and Bob dig into some details of travel with gold or silver, citizen terrorist designations, plus the political climate of the presidential race, and its (lack of) media coverage.