David Morgan chats with "Trading Talk" on 2012 Precious Metals Fundamentals . Bob Chambers from "Trading Talk" speaks candidly with David Morgan "The Silver Fox" at the 2012 Cambridge House Economic Seminar to discuss the current "seasonality" in the market and why he believes we should expect a broad trading range throughout the first 6-months of this year.
Thursday, February 16, 2012
$10,000 Gold a Conservative Estimate says Nick Barisheff
Nick Barisheff CEO at Bullion Management Group Inc on the Financial Sense News Hour - 2/15/2012 Nick Barisheff: Why $10,000 Gold Could Be a Conservative Estimate and Physical gold preferred for long-term ownership he also explains why gold ETF’s are good for trading, but for ownership, you want the real McCoy; physical gold.
James Turk & Eric Sprott Gold Mania is coming
James Turk from the GoldMoney Foundation interviews Eric Sprott Chairman of Sprott Asset Management on Gold and Silver and the global banking system. They talk about the disparities between the physical market and the paper silver markets. Eric talks about supply and demand 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.
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