"Businessweek.com is reporting that General Motors' IPO may end up raising $15.8 billion after the Treasury and United Auto Workers' retiree healthcare trust increased the shares they are selling.
In what would be the second largest initial sale in U.S. history behind Visa's $19.7 billion sale in March 2008, GM's IPO has now been upped to 478 million shares, a 31% increase, and prices of shares are as high as $33/share.
Overallotment and an offering of preferred shares may increase the total amount raised to around $22.7 billion, a step closer to CEO Dan Akerson's goal of returning the $49.5 billion taxpayer bailout the company received in 2009."
Wednesday, November 17, 2010
Closing Bell Wrap-Up: November 17, 2010
"Last updated November 17, 2010: 4:15 PM ET --- The major U.S. equity indices closed mixed Wednesday, following a Federal Reserve announcement that banks will have to undergo new stress tests to prove they can hold strong during a recession or major borrower default.
The Fed's examiners will look at 19 previously tested banks. The firms under the looking glass include Citigroup (NYSE:C), JP Morgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE:WFC). All called upon banks must file for the stress tests by January 7, 2011.
In corporate news, BJ's Wholesale Club, Inc. (NYSE:BJ) reported a year-over-year boost of 8.6% to its Q3 net sales.. coming in at $7.84 billion. The firm's quarterly net income posted at $23.0 million, or $0.43 per share, up from $17.4 million, or $0.32 per share, in the year-ago period.
Target Corp. (NYSE:TGT) also reported Q3 earnings. The store posted EPS of $0.74, a 28.5% increase from $0.58 in the year-ago period. Net earnings for the quarter rose from $436 million in 2009, to $535 million. Sales rose 3% year-over-year to $15.2 billion and gross margin declined from 30.8% in the year-ago period to 30.6%.
Taking a look at the major U.S. indices...The Dow Jones Industrial Average (DJI) closed 0.14% lower at 11,007.88, the S&P500 (INX) closed 0.02% higher at 1,178.59, and the Nasdaq Composite (IXIC) closed 0.25% higher at 2,476.01."
The Fed's examiners will look at 19 previously tested banks. The firms under the looking glass include Citigroup (NYSE:C), JP Morgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co. (NYSE:WFC). All called upon banks must file for the stress tests by January 7, 2011.
In corporate news, BJ's Wholesale Club, Inc. (NYSE:BJ) reported a year-over-year boost of 8.6% to its Q3 net sales.. coming in at $7.84 billion. The firm's quarterly net income posted at $23.0 million, or $0.43 per share, up from $17.4 million, or $0.32 per share, in the year-ago period.
Target Corp. (NYSE:TGT) also reported Q3 earnings. The store posted EPS of $0.74, a 28.5% increase from $0.58 in the year-ago period. Net earnings for the quarter rose from $436 million in 2009, to $535 million. Sales rose 3% year-over-year to $15.2 billion and gross margin declined from 30.8% in the year-ago period to 30.6%.
Taking a look at the major U.S. indices...The Dow Jones Industrial Average (DJI) closed 0.14% lower at 11,007.88, the S&P500 (INX) closed 0.02% higher at 1,178.59, and the Nasdaq Composite (IXIC) closed 0.25% higher at 2,476.01."
Investigating fraudclosure - Dylan Ratigan Show
Dylan Ratigan Show—Nov. 16, 2010--Dylan Ratigan and guests discuss investigating fraudclosure and Senate banking committee hearings.
The Everyday Cash Heist
The Everyday Cash Heist from Conspiracy of the Rich on Vimeo.
From Chapter 12, Robert gives a more detailed explanation on how your wealth is stolen, and why people struggle financially, in "the everyday cash heist".
New Home Construction Falls Sharply in Oct.
FBN's Robert Gray breaks down the new home construction data from October.
T. Boone Pickens, Reducing Hunger For Oil
Nov. 17 2010 | Discussing his crusade to reduce national dependence on foreign oil, with T. Boone Pickens, BP Capital Mgmt.
Currencies in Focus
Nov. 17 2010 | Maurice Pomery, managing director of Strategic Alpha limited joined CNBC to talk currencies as the euro continues to be pressured by fears over Ireland's finances.
Time to Invest in Gold?
Nov. 17 2010 | Assessing whether it's a good idea to be in gold, with Tom O'Brien, The Gold Report, and Will Rhind, ETF Securities.
Donald Trump on His Latest Venture
Nov. 17 2010 | Billionaire developer Donald Trump discusses his newest business venture, the Trump Network.
Will Rhind, Investors Stand Behind Gold and Silver
NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says investors have still been buying their gold and silver ETFs despite the metals' recent...
Will Rhind, : ...Well I think what's happening in Europe right now is at a crucial point for gold. -- that the yen European crisis has been -- stage at the potential uncertainty over the Irish situation. And hopeful signs of sovereign -- you drive gold in the next couple weeks. Invested in the meantime volatility while at. Well I think that them you know -- price right now on the risk -- came off a little bit about yes today. I'm on tobacco fifties the founding of the tolerance of -- in the European situation. But for long term investor -- gold still. As a place in the portfolios to diversify. And should be seen in Africa......
Will Rhind, : ...Well I think what's happening in Europe right now is at a crucial point for gold. -- that the yen European crisis has been -- stage at the potential uncertainty over the Irish situation. And hopeful signs of sovereign -- you drive gold in the next couple weeks. Invested in the meantime volatility while at. Well I think that them you know -- price right now on the risk -- came off a little bit about yes today. I'm on tobacco fifties the founding of the tolerance of -- in the European situation. But for long term investor -- gold still. As a place in the portfolios to diversify. And should be seen in Africa......
John Stadtmiller Bob Chapman - National Intel Report
Stadtmiller and Bob Chapman on Republic Broadcasting Network Radio.
There is no doubt that national paper currencies are collapsing all across the world.
It is a good idea to put some of your savings into both gold and silver.
John Stadtmiller Nov 16 2010 - Jeff Bennett,Bob Chapman- Roundtable - Commercial Free
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
John and Bob in both hours and Jeff makes a brief appearance in the second hour.
_____________________________________________
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
There is no doubt that national paper currencies are collapsing all across the world.
It is a good idea to put some of your savings into both gold and silver.
John Stadtmiller Nov 16 2010 - Jeff Bennett,Bob Chapman- Roundtable - Commercial Free
John hosts a weekly financial round table with Jeff Bennett and Bob Chapman. Some have said this is the best two hours in radio.
John and Bob in both hours and Jeff makes a brief appearance in the second hour.
_____________________________________________
John Stadtmiller, one of America’s true radio trailblazers with his early creation of “Republic International” (later renamed “Genesis Communications Network”), and now the “Republic Broadcasting Network”, the fastest growing truth radio station in the country.
John’s “National Intel Report” is hard hitting and to the point with information you won’t find in the mainstream media. If you believe the Constitution is the law of the land, but sense that something is seriously wrong in our country, then listen to the “National Intel Report” for the best guests, news and information!
Robert Kiyosaki Explains The Perfect Business
Robert Kiyosaki Explains The Perfect Business
This is an empowering video by #1 best selling personal finance author Robert Kiyosaki in which he explains the perfect business. Robert's teachings have been very impactful in my life with the Rich Dad series and his contributions to society so it's my pleasure to share this great information with the rest of the world.
This is an empowering video by #1 best selling personal finance author Robert Kiyosaki in which he explains the perfect business. Robert's teachings have been very impactful in my life with the Rich Dad series and his contributions to society so it's my pleasure to share this great information with the rest of the world.
Banks Pressured to Provide Relief to Foreclosure Victims?
FBN's Judge Andrew Napolitano argues states should not intimidate the banks to set up a foreclosure fund when no wrongdoing has been proven yet.
Cashflow 202, Introduction
After you see the overview of cashflow game 202, now this video will introduce you cashflow game 202, By. Robert Kiyosaki
Silver price vs Stock Market
Silver is a Sign for Stock Direction: ChartsNov. 17 2010 | 1:40 AM ET
If the price of silver declines further, it could mean another 5 percent decline for the stock market, Chris Furman, global strategist at Zwermann Financial, told CNBC Wednesday. Furman explained that silver can act as a predictor and had a reaction in 2008 before the widespread market turmoil.
If the price of silver declines further, it could mean another 5 percent decline for the stock market, Chris Furman, global strategist at Zwermann Financial, told CNBC Wednesday. Furman explained that silver can act as a predictor and had a reaction in 2008 before the widespread market turmoil.
Dollar-Yen Could Test 86 Level
Nov. 17 2010 | The yen could head up to 86 against the US dollar in the next few weeks, as we approach the year-end, believes Harry Ida, senior analyst, Thomson Reuters. He shares his currency outlook, with CNBC's Steve Sedgwick and Chloe Cho.
Platinum price may peak at $1 900/oz in next six months - Johnson Matthey
The platinum price may peak at $1 900/oz in the next six months, says Johnson Matthey principal analyst Alison Cowley, whose top-of-the range forecast for palladium is $850/oz.
Crash JP Morgan - Buy Silver - Max Keiser
Max Keiser - financial analyst and host of RT's Keiser Report - has launched a viral campaign to bring down JP Morgan - dubbed by Keiser as main global financial terrorists.
The World most expensive jewel
A rare pink diamond has sold for 29 million at an auction in Switzerland.
Tuesday, November 16, 2010
Robert Kiyosaki - Live Above Your Means
It's Time To Get Smarter With Your Money.
"...It's become even clearer to me that what Robert talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert's acumen in this area cannot be disputed."
- Donald J. Trump
"...It's become even clearer to me that what Robert talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert's acumen in this area cannot be disputed."
- Donald J. Trump
Crash JP Morgan Buy Silver
Buy Physical Silver & Beat the Banks
a brand new micro-doc in the spirit of the movement to beat the criminal Banks. Buy PHYSICAL silver, Bankrupt JP Morgan!Max Keiser develops plan to bring one of the international banksters to their knees. If the American people all bought 1 ounce of silver, it would dry up physical supply of silver and expose the manipulation JP Morgan and other large banks have taken to suppress the value of silver.Max Keiser- Silver Vigilantes Busting The Comex Ponzi By Taking Physical Delivery.
The ultimate strategy to crash JP Morgan, the biggest financial terrorist on Wall St.
Gold Prices to Surge on Solvency Crisis , Thomas Winmill
Nov. 16 (Bloomberg) -- Thomas Winmill, president of Winmill & Co. and portfolio manager of the Midas Fund, talks about the outlook for gold prices. Winmill talks with Carol Massar.
Closing Bell Market Wrap-Up: November 16, 2010
"The major U.S. equity indices closed lower Tuesday, following an increase in the dollar against the euro.
Treasury prices increased for the first time in three days.
The 10-year note yield fell 2.86%, down from 2.95%.
The National Association of Home Builders reported a boost to its November housing market index at 16, under forecasts looking for a reading of 17.
In corporate news, Abercrombie & Fitch Co. (NYSE:ANF) reported Q3 net income of $50 million, or $0.56 per share, up from $38.8 million, or $0.44 per share, in the year-ago period. Total net sales for the quarter rose 18% year-over-year to $885.5 million, and total international net sales jumped 87% to $164.1 million.
Home Depot (NYSE:HD) reported Q3 earnings of $0.51 per share, ahead of estimates of $0.48 per share. Revenue for the quarter was inline at $16.6 billion.
The Dow Jones Industrial Average (DJI) closed 1.59% lower at 11,023.50, the S&P500 (INX) closed 1.62% lower at 1,178.34, and the Nasdaq Composite (IXIC) closed 1.75% lower at 2,469.84."
Treasury prices increased for the first time in three days.
The 10-year note yield fell 2.86%, down from 2.95%.
The National Association of Home Builders reported a boost to its November housing market index at 16, under forecasts looking for a reading of 17.
In corporate news, Abercrombie & Fitch Co. (NYSE:ANF) reported Q3 net income of $50 million, or $0.56 per share, up from $38.8 million, or $0.44 per share, in the year-ago period. Total net sales for the quarter rose 18% year-over-year to $885.5 million, and total international net sales jumped 87% to $164.1 million.
Home Depot (NYSE:HD) reported Q3 earnings of $0.51 per share, ahead of estimates of $0.48 per share. Revenue for the quarter was inline at $16.6 billion.
The Dow Jones Industrial Average (DJI) closed 1.59% lower at 11,023.50, the S&P500 (INX) closed 1.62% lower at 1,178.34, and the Nasdaq Composite (IXIC) closed 1.75% lower at 2,469.84."
The Silver & Gold War is ON! Paper vs. Physical
The Silver War is on. Everywhere I look the powers that be are waging war against true money. Janet Napolitano recently mentioned on a radio show that TSA may limit metal carried on airplanes by passengers. Unbelievable! JP Morgan & HSBC continue to manipulate the prices of precious metals downward. Investors that understand the gravity of our economic situation are wholesale dumping paper for physical metals.
Is Housing Market Getting Better or Worse?
FBN's Peter Barnes reports on the Senate Banking Committee's hearing on the foreclosure mess.
Robert Kiyosaki - The Cone of Learning
It's Time To Get Smarter With Your Money.
"...It's become even clearer to me that what Robert Kiyosaki talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert's acumen in this area cannot be disputed."
- Donald J. Trump
"...It's become even clearer to me that what Robert Kiyosaki talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert's acumen in this area cannot be disputed."
- Donald J. Trump
Bob Chapman on The Financial Survival 15 Nov 2010
Bob Chapman on Discount Gold Trading Mon 15 Nov 2010
Bob Chapman wrote in the International Forecaster of the 10th November 2010 ...:..European financial leaders are terrified by what is going on. The dollar is again headed lower and the euro higher. Europe is a big exporter and a higher euro is just what they do not need. ECB President Jean-Claude Trichet is right. The time for stimulus is over, it is now time for all to tighten. This, of course, will purge the system and the elitists do not want that unless they control it and that will be difficult to do. They would rather stimulate more and if unsuccessful at that have another war, as a distraction. We can assure you if the public loses faith in government and confidence in banking the elitists will be in serious trouble and we believe that will happen and it is not to far away....
Milton Friedman explains role of Gold in Great Depression
Milton Friedman explains what happened during the great depression and what the role of the federal reserve is during economic ups and downs.
Two Options For Gold Prices
NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says there are two ways gold prices can go after Friday's big sell-off.
.Phil Streible,..:..." ...The gold prices you know they've been -- back a little bit -- a kind of wait and we -- last week that they. Profits on the market around fourteen -- broke caution out there. I'm gold price they're they're probably gonna continue to sell off a little bit here -- to an upward trend line from last August. If you collect. Next August and November. On the an upward sloping trend line he would it's right -- on the -- fifty range which has also. -- 61% retracement. In the thirteenth fifteen at 1425. I so as long as we get a reactionary. -- where we we bounce off the boat -- there and start to work comp. Probably use that what what do you know had. -....
.Phil Streible,..:..." ...The gold prices you know they've been -- back a little bit -- a kind of wait and we -- last week that they. Profits on the market around fourteen -- broke caution out there. I'm gold price they're they're probably gonna continue to sell off a little bit here -- to an upward trend line from last August. If you collect. Next August and November. On the an upward sloping trend line he would it's right -- on the -- fifty range which has also. -- 61% retracement. In the thirteenth fifteen at 1425. I so as long as we get a reactionary. -- where we we bounce off the boat -- there and start to work comp. Probably use that what what do you know had. -....
We are in the financial Dark Ages
"Today we are in the financial Dark Ages. The government’s stealing of wealth from its people is more than tragic and worst than barbaric." Rich Dad Robert Kiyosaki via Twitter
Monday, November 15, 2010
Wall Street Museum Displays Gold Monopoly Set
Gold houses, hotels, diamonds, and rubies adorn a Monopoly set now on display in New York at the Museum of American Finance on Wall Street. Let's take a look.
The game of Monopoly has reached a new gold standard.
A one-of-a-kind 23-carat gold-plated version of the real estate board game has been brought to Wall Street and is on display inside the Museum of American Finance.
Each of the game's tokens, hotels, and houses are solid gold.
Master jeweler and artist Sidney Mobell, who created the set, says many of the pieces are encrusted with fine jewels.
[Sidney Mobell, Gold Monopoly Set Creator]:
"All the little houses and hotels are 18 carat solid gold. On the chimneys of houses are genuine rubies, on the chimneys of the hotels are genuine sapphires."
The gold-bathed game is on loan from the Smithsonian Institution National Museum of Natural History in Washington, DC.
[Sidney Mobell, Gold Monopoly Set Creator]:
"It took a year to make from start to finish. Actually, it isn't just a set, it's a piece of art."
Mobell said he created the gold Monopoly set in 1988 for London's World Monopoly Tournament.
Mobell said the game has an estimated value of $2 million, but added, the precious game is priceless.
[Sidney Mobell, Gold Monopoly Set Creator]:
"I would say right now, if I still owned the set, and I didn't donate it to the Smithsonian, I would turn down 100 million dollars. If someone offered, I'd say forget it."
The gold and gemstone monopoly set will be on display at the Museum of American Finance through October 2012.
The game of Monopoly has reached a new gold standard.
A one-of-a-kind 23-carat gold-plated version of the real estate board game has been brought to Wall Street and is on display inside the Museum of American Finance.
Each of the game's tokens, hotels, and houses are solid gold.
Master jeweler and artist Sidney Mobell, who created the set, says many of the pieces are encrusted with fine jewels.
[Sidney Mobell, Gold Monopoly Set Creator]:
"All the little houses and hotels are 18 carat solid gold. On the chimneys of houses are genuine rubies, on the chimneys of the hotels are genuine sapphires."
The gold-bathed game is on loan from the Smithsonian Institution National Museum of Natural History in Washington, DC.
[Sidney Mobell, Gold Monopoly Set Creator]:
"It took a year to make from start to finish. Actually, it isn't just a set, it's a piece of art."
Mobell said he created the gold Monopoly set in 1988 for London's World Monopoly Tournament.
Mobell said the game has an estimated value of $2 million, but added, the precious game is priceless.
[Sidney Mobell, Gold Monopoly Set Creator]:
"I would say right now, if I still owned the set, and I didn't donate it to the Smithsonian, I would turn down 100 million dollars. If someone offered, I'd say forget it."
The gold and gemstone monopoly set will be on display at the Museum of American Finance through October 2012.
Beware Store Credit Cards
WalletPop's Vera Gibbons says consumers should be aware that store cards often carry much higher interest rates than bank cards.
Market Close Wrap-Up: November 15, 2010
Market Close Wrap-Up: November 15, 2010
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
What You Need to Know About Buying a Foreclosure
Home Buyer Kevin Jones on the uncertainties of buying a foreclosed home despite the lower costs.
Gold vs Silver Investment
or the full transcript, please click on the URL below:
http://www.australianbullioncompany.c...
Hi, Im Dr Marc Dussault, Im here with the Managing Director of the Australian Bullion Company Mr Peter August and were sitting here with gold, and this is 105 ounces of gold bars and this is another ounce of a coin. And I just wanted to show you what it actually looks like; and its actually as heavy as it sounds.
Now just so you can see, this is a regular blackberry mobile phone and we have a series of YouTube videos that explains why you should invest in gold. But what I wanted to do in contrast, and Im just gonna move the phone over here just so you can see the difference in size. Again this is just a regular, this would be about the size of a 20 cents piece wouldnt it?
Yes.
Okay, so a 20 cent Australian piece, and its actually you know very attractive because once again its a coin, whereas these are bars which have a little bit more of a rough texture. But the contrast I want to show you is with silver. Now this is 1 kilo which is about, its about all of this isnt it?
One kilo is that.
Is that. So this, is that.
Its a dramatic difference isnt it?
Yeah, its a huge difference. Now this is silver and I, you have to sense how heavy this is and when you look at it its got that rough texture we talked about in the other YouTube video about bullion, and its stamped, and its actually when you touch it its got a really nice feel to it. I want to show you another one, this one is how much, 5 kilos.
Thats correct.
Now Im not gonna drop it from too high up okay, but
Just do that to my table, yeah.
Yeah, you can, and I do that so you can actually get a sense of how heavy it is. So this is 5 kilos; now in todays pricing, were actually in November in 2009, how much is a kilo of silver?
For the full transcript, please click on the URL below:
http://www.australianbullioncompany.c.
A Unique Way to get Silver and Gold before the Collapse!
We all NEED to get Silver, Gold and Platinum in our portfolios. This video explains a different way and the why's of getting Precious Metals. ALERT!! You MUST get Silver and Gold in your hands NOW! Collapse of US Economy Imminent!
Robert Kiyosaki - Why Obama is anti-business and what you should invest in
Robert Kiyosaki - Why Obama is anti-business and what you should invest in
Best selling author of "Rich Dad, Poor Dad" Robert Kiyosaki talks about why big and small business hates Obama. And he talks about what the average investor should put his money in.
Best selling author of "Rich Dad, Poor Dad" Robert Kiyosaki talks about why big and small business hates Obama. And he talks about what the average investor should put his money in.
SILVER - GOLD RATIO VARIES IN CYCLES
SILVER - GOLD RATIO VARIES IN CYCLES
OFTEN REPEATED HISTORIC ANALYSIS INDICATES SILVER COULD OUTPACE GOLD IN PERCENTAGE INCREASE DURING NEW ECONOMY INVESTMENT CYCLE SOON TO BEGIN FOR PRECIOUS METALS.
Ag : Au Era
16 : 1 - Silver to Gold Ratio has existed for thousands of years
17 : 1 - Jan 1980 - PM Historic Peak due to lack of Economic Confidence
100 : 1 - 1990s as Confidence restored in US$
61 : 1 - Jan 2010 - Ag $18.66 : Au $1133.xx spot ounces
16 : 1 - In Future due to insecurity in markets from Derivatives and Fiat Currencies (curreny based on analytical confidence of a nation's economy vs a gold specie backing in storage), plus inflation adjustment, also demand is growing for gold and silver.
2nd Wave of negative economic data yet to manifest can concern Commercial Real Estate Derivatives as a 10x larger problem than the sub-prime collapse of 2008.
Silver has more industrial use than gold. CPI Index of 1970s was accurate, therefore with inflation adjustment and other economic considerations gold could value up to $6000 per oz. A conservative increase to $2500 per ounce is considerably believable.
Studies indicate gold seems very likely to continue rising in value. {Recent dip in gold price after a sharp rise was due to accumulative 4 tons of gold a day sold by private investors who bought when prices were considerably lower. Another source told me much more was sold by national treasuries during the crest in December 2009.}
OFTEN REPEATED HISTORIC ANALYSIS INDICATES SILVER COULD OUTPACE GOLD IN PERCENTAGE INCREASE DURING NEW ECONOMY INVESTMENT CYCLE SOON TO BEGIN FOR PRECIOUS METALS.
Ag : Au Era
16 : 1 - Silver to Gold Ratio has existed for thousands of years
17 : 1 - Jan 1980 - PM Historic Peak due to lack of Economic Confidence
100 : 1 - 1990s as Confidence restored in US$
61 : 1 - Jan 2010 - Ag $18.66 : Au $1133.xx spot ounces
16 : 1 - In Future due to insecurity in markets from Derivatives and Fiat Currencies (curreny based on analytical confidence of a nation's economy vs a gold specie backing in storage), plus inflation adjustment, also demand is growing for gold and silver.
2nd Wave of negative economic data yet to manifest can concern Commercial Real Estate Derivatives as a 10x larger problem than the sub-prime collapse of 2008.
Silver has more industrial use than gold. CPI Index of 1970s was accurate, therefore with inflation adjustment and other economic considerations gold could value up to $6000 per oz. A conservative increase to $2500 per ounce is considerably believable.
Studies indicate gold seems very likely to continue rising in value. {Recent dip in gold price after a sharp rise was due to accumulative 4 tons of gold a day sold by private investors who bought when prices were considerably lower. Another source told me much more was sold by national treasuries during the crest in December 2009.}
DISCLOSURE IMMINENT? NASA TO ANNOUNCE DISCOVERY OF "EXCEPTIONAL OBJECT"
NASA Announces Televised Chandra News Conference WASHINGTON -- NASA will hold a news conference at 12:30 p.m. EST on Monday, Nov. 15, to discuss the Chandra X-ray Observatory's discovery of an exceptional object in our cosmic neighborhood.
The news conference will originate from NASA Headquarters' television studio, 300 E St. SW in Washington and carried live on NASA TV.
http://www.nasa.gov/home/hqnews/2010/...
Ashraf Laidi, Potential Irish Budget Cuts Would Help Euro
Nov. 10 (Bloomberg) -- Ashraf Laidi, chief market strategist at CMC Markets, talks about the outlook for Ireland's debt. Irish 10-year bonds tumbled for a 12th day, leading a rout in debt from Portugal to Greece, as LCH Clearnet Ltd. demanded its clients place a larger deposit when trading the nation's securities after yields soared. Laidi talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
Sunday, November 14, 2010
Silver is outpacing gold and Canadian Wolf Silver Coins
Coach talks about Silver outpacing gold. He also talks about the new Canadian Wolf silver coin that he believes will fetch a great premium, on top of its actual silver value of 1 oz.
Deflation, inflation and the gold price
Will we have deflation or inflation, and what is the impact on the gold price? In this video James Turk and Mike Maloney of GoldSilver.com dig deeper into this.
Monetary Stalemate: Quantitative Easing Wont Work
by Bob Chapman via http://www.globalresearch.ca/index.php?context=va&aid=21893
Mr. B
ernanke is trying to avoid the Japanese experience of the past 20 years. Underlying deflation is being offset again, as it has been for the past eight years, by creating more money and credit. The only one lose to our prediction of mid-May of $5 trillion over two years is Keynesian economist Paul Krugman. He said the Fed would need $6 trillion. The Republicans seized the House and all that has really been accomplished is gridlock, the end of stimulus and a cut of perhaps $100 billion in debt.
Mr. Bernanke’s new round of debt buying has upset nations worldwide, yields in the US fell and the stock market rose, as did gold, silver and commodities.
The elections saw about 100 seats change hands. The Republicans now control the House and the Democrats the Senate. An unfortunate result because little can be accomplished at a time when the American economy and financial structure is in upheaval. Congress has to deal with criminal mortgage and bond fraud on a massive scale as the banks and Wall Street attempt to stay out of jail. America needs experienced evenhanded leadership and except for Ron Paul none is in sight. Still prevalent behind the scenes is the sea of bureaucrats from both parties that want world government and they are not going to disappear anytime soon. The rot is still controlling the system and we look for it to get progressively worse. Still, too many Americans have not awakened from their slumber. Banking reform is out of the question. There are still too many members of the House and Senate who have been totally compromised over the last 30 years. They would never vote for real bank reform or terminating the Federal Reserve. Democrats who voted for the house bill all knew votes would change when the Senate handled their side of the vote.
read more >>>>
Mr. B
ernanke is trying to avoid the Japanese experience of the past 20 years. Underlying deflation is being offset again, as it has been for the past eight years, by creating more money and credit. The only one lose to our prediction of mid-May of $5 trillion over two years is Keynesian economist Paul Krugman. He said the Fed would need $6 trillion. The Republicans seized the House and all that has really been accomplished is gridlock, the end of stimulus and a cut of perhaps $100 billion in debt.Mr. Bernanke’s new round of debt buying has upset nations worldwide, yields in the US fell and the stock market rose, as did gold, silver and commodities.
The elections saw about 100 seats change hands. The Republicans now control the House and the Democrats the Senate. An unfortunate result because little can be accomplished at a time when the American economy and financial structure is in upheaval. Congress has to deal with criminal mortgage and bond fraud on a massive scale as the banks and Wall Street attempt to stay out of jail. America needs experienced evenhanded leadership and except for Ron Paul none is in sight. Still prevalent behind the scenes is the sea of bureaucrats from both parties that want world government and they are not going to disappear anytime soon. The rot is still controlling the system and we look for it to get progressively worse. Still, too many Americans have not awakened from their slumber. Banking reform is out of the question. There are still too many members of the House and Senate who have been totally compromised over the last 30 years. They would never vote for real bank reform or terminating the Federal Reserve. Democrats who voted for the house bill all knew votes would change when the Senate handled their side of the vote.
read more >>>>
Gold To $5,000 An Ounce In The Next Five Years
Today's Talking Points - Experts say Gold price may increase to $5,000 in the next 5 years as rising US Government debt weakens the US dollar - The importance of having a diversified investment portfolio - Gold acts as portfolio insurance by protecting against inflation, currency devaluation and international turmoil.
The Importance of Having Gold in a Balanced Portfolio
Last 4 or 5 months gold has gone up on a huge spike - China has lost faith in the U.S. Dollar. - Public opinion of Obama's plan is driving people to invest in gold. - Warren Buffet acquires two of the largest gold manufacturers. - 10,000 financial advisors across America encourage investors to invest in gold as a hedge.
Extreme short positions in silver | Ed Steer of Casey Research
Ed Steer is a market analyst for Casey Research LLC and is based in Edmonton, Alberta, Canada.
Subscribe to:
Posts (Atom)
