Friday, December 14, 2012

Gold is your Best Buy before and during 2013

"Who owns the gold in the world? Central banks? Individuals? Powerful families?" The most reliable reports of gold ownership place about 29,000 tons in the hands of governments, central banks and the IMF, led by the U.S., Germany, England, IMF, France, Italy and Switzerland. The rest of the above ground inventory of an estimated 125,000 tons is owned by private individual and groups throughout the world. As to powerful families (i.e. Rothschild), they have long traded the majority of their physical gold holdings for earning assets given the worldwide irredeemable currency system. The times when the Rothschild' would keep large amounts of gold to lend to sovereign governments for interest earnings payed to them in gold ended in 1971.

James Turk: Buy Gold & Silver Now before 2013

If you just went short at the peaks you were fine. But investment time frames are NEVER supposed to be "2 years or less" that's what trading is for. It's not being a crook. This last 2 years has been a gift those those NOT wanting to pay more than 2000/oz for gold. Come March you'll be sorry you missed out - they won't - because in 2013 March 2000 will be the low price for a very long time. e.g. when gold is on the rise and you have a GLD call you will gain, in the money, roughly $60 or more for each dollar up GLD goes, BUT calls expire. When gold drops from its peak you buy GLD puts and you will gain roughly $60 for each dollar GLD drops (10.33 $ drop in gold = $1 drop in GLD roughly). Options EXPIRE. The buy prices are low enough to create leverage. A swing > $100/oz either way lets you do both: 1 call 1 put, swings hard then you sell EITHER to pay for BOTH + profit. Here's what's coming next: silver to 73 or so and gold to 2400 (could be 2500) 2013 Sep. Get ready then for a drop down to only 2000/gold and silver will drop with it : a scatterplot is needed to figure out how much it drops. I'd guess to 50 from 75 peak. That's a year out. Right now: (gold / 1274) to power 2.31 x 17 = silver +/- 55 cents/ounce If you want to break even and lose out sell it all now. Silver & gold are DECADE holdings over-all. SHORT-Term is paper

Thursday, December 13, 2012

Everyone Should Own a Piece of Gold

Capital Gold Group is a BBB Accredited Business. Listeners are welcome to receive a free precious metals guide by going tohttp://www.startwithgold.com/gold-guide/ or call 1(800)510-9594. If you'd like to listen to the rest of the show, visit StartWithGold.com to subscribe to the podcast. Demand for gold coins in the US has soared since the presidential election, as small investors fret about the lack of action to address America's ballooning debt. The US Mint's sales of American Eagles, one of the most popular gold coins, leapt 131 percent in November, hitting their highest level in more than two years. The Royal Canadian Mint also had its strongest month of sales this year.

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