Wednesday, January 11, 2012

Bob Chapman - Ron Paul or Police State

Bob Chapman - Freedomizer Radio - Jan. 10, 2012 : Bob Chapman talks about Romney winning in IOWA and New Hampshire how the establishment is trying to marginalize ron Paul , Ron Paul who is our last hope for a free America and a world without wars , their ultimate goal is probably to have Obama reelected in office says Bob Chapman....

Eric Sprott : Silver has to go up

Eric Sprott, Chairman of Sprott Asset Management, speaks at the Casey Research/Sprott Summit When Money Dies.Eric Sprott talks about supply and demand of Silver and how the upward pressures on silver price from demand growing much faster than supply are not being accurately reflected. A 900 million ounce silver supply simply cannot cope with a 380 million ounce increase in demand and maintain current prices. Eric also explains that investment sales of silver are 50 to 1 in volume compared to gold and that this means a decreasing gold/silver ratio. Eric Sprott : ".... I think the physical silver producers, the miners, need to be more active participants in the market," "When silver is produced for less than $15/oz and sold for $30/oz, theoretically the producer is making $15/oz. I believe it is irresponsible for companies to leave that money in the bank where it is vulnerable. It is too risky. Producers have to find something to invest in and the obvious choices are gold and silver. It seems very logical to me that silver producers should invest in silver as a monetary metal." Sprott explained.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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

DAILY NEWS ON BOOZE