Sunday, January 15, 2012

The 50 Year Gold & Silver Plan - Walter Burien

Dr Deagle Show - Walter Burien - The 50 Year Gold & Silver Plan , I do not agree with Walter Burien , the story about extracting gold from sea water I have been hearing about it 35 years ago , it is just non feasable and won't happen any time soon , gold is not a Commodity , gold is Money so i think this is where some analyst get it all wrong , never treat gold as a commodity , gold is money the only money that humanity ever known since 6000 years if not more , Gold always preserves its value , the gold coins that you owned say 6000 years ago can still be exchanged today for goods and services ...Go long everything Gold you can get your hands on Gold coins and Bars Please stay with Government minted Coins and Bars

Saturday, January 14, 2012

Peter Schiff : Gold puts the power to the people Fiat money gives the power to the government

Peter Schiff : "obviously that's a just a bunch of propaganda by the government , government want paper money they do not want to be on a gold standard because they want to be Santa Claus they want to spend money they want to pretend that there is a free lunch they want to give something for nothing they want the power , Gold puts the power to the people fiat money gives the power to the government so that's the reason they oppose it ....."

James Turk : Gold soon over $2000/oz

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 $2,000oz. on gold before too long and I think $100 silver is quite reasonable. Something over $2,000oz. this year seems likely, and something over $50oz. perhaps as high as $100 per oz. 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.” - in a Bull Market Thinking recent interview
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