Max Keiser ( RT.com ) interviewing Mike Maloney ( GoldSilver.com ). Maloni, an expert in Precious metals, specifically Gold and Silver shares his thoughts how to benefit from the impending Gold and Silver Bubble.CRaSH JP MORGAN-BUY SILVER MAX KEISER SILVER REVOLUTION!
Saturday, January 8, 2011
BP Oil Spill : The worst environmental disaster in US history?
Or was the oil spill in the Gulf of Mexico over-hyped at BP's expense?
Fluctuations in the silver market - David Morgan and Max Keiser
This edition of Press TV's On the Edge with Max Kaiser sheds light on some behind-the-scenes realities of the silver market. The main problem with the precious metal is that, in some transactions there is no real, physical silver and what the investor gets in return for his money is paper silver. Some federal banks have pursued the trend for a quite long time and continue to do add to their huge pile of liability by issuing more and more paper silver. The manipulation is feared to leave a huge impact on the market in the long run. Enjoy the show.
Alaska Gold Rush Part 7
When the going gets tough the tough seek new frontiers. Six recession hit patriots from Oregon become greenhorn gold miners.
Friday, January 7, 2011
$60oz Silver In 2-3 Years
Jan. 6 2011 | With agricultural commodities trading at multi-year highs, Aaron Smith, managing director at Superfund Financial, says food inflation will be a key risk in Asia this year. He tells CNBC's Emily Chan that this will be particularly problematic for countries such as the Philippines and Vietnam.
2 or 3 years? . AG just went fro 20 to 30 in 4 months! By the end of 2011 gold will be at minimum $1800 and silver $70 I think we'll see
I personally think $60 is conservative, as when the paper silver guys find there is no silver behind there paper, they will sell and buy real silver. It is looking more and more likely there is less silver in the world than previously thought and silver is used in many industries, so it is also a consumed metal. I think $100 per oz within the year.
2 or 3 years? . AG just went fro 20 to 30 in 4 months! By the end of 2011 gold will be at minimum $1800 and silver $70 I think we'll see
I personally think $60 is conservative, as when the paper silver guys find there is no silver behind there paper, they will sell and buy real silver. It is looking more and more likely there is less silver in the world than previously thought and silver is used in many industries, so it is also a consumed metal. I think $100 per oz within the year.
Robert Kiyosaki - Financial IQ and CASHFLOW Quadrant
Robert Kiyosaki - Financial IQ and CASHFLOW Quadrant
Robert Kiyosaki explains a bit about the REAL DEFINITION of asset and liability, and which quadrant(s) to work from to be financially free.Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.
OVER 6 YEARS ON THE NEW YORK TIMES BEST SELLER LIST!
- November 2007 -
In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage.
Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publisher's Weekly - The New York Times, Business Week, The Wall Street Journal and USA Today - and was named "USA Today's #1 Money Book" two years in a row. It is the third longest-running 'how-to' best seller of all time.
Translated into 51 languages and available in 109 countries, the Rich Dad series has sold over 27 million copies worldwide and has dominated best sellers lists across Asia, Australia, South America, Mexico and Europe. In 2005, Robert was inducted into Amazon.com Hall of Fame as one of that bookseller's Top 25 Authors. There are currently 26 books in the Rich Dad series.
In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.
Robert writes a bi-weekly column - 'Why the Rich Are Getting Richer' - for Yahoo! Finance and a monthly column titled 'Rich Returns' for Entrepreneur magazine.
Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47.
Today there are more that 2,100 CASHFLOW Clubs - game groups independent of the Rich Dad Company - in cities throughout the world.
Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. After graduating from college in New York, Robert joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. Following the war, Robert went to work in sales for Xerox Corporation and, in 1977, started a company that brought the first nylon and Velcro 'surfer wallets' to market. He founded an international education company in 1985 that taught business and investing to tens of thousands of students throughout the world. In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad.
"We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them." -- Robert Kiyosaki
Bob Chapman: CNP, Reagan and The Broken Economy - Alex Jones Tv
Alex Jones also talks with regular Friday guest, Bob Chapman of the International Forecaster. Alex also covers the latest breaking news and takes your call.
Bill Murphy of GATA interview with NIA
inflation.us gata.org
-what does gata do
-how do banks manipulate precious metals
-how long can they keep manipulating
Bill Murphy, GATA Chairman
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.
Silver $60oz In 2-3 Years says Aaron Smith
Jan. 6 2011 | With agricultural commodities trading at multi-year highs, Aaron Smith, managing director at Superfund Financial, says food inflation will be a key risk in Asia this year. He tells CNBC's Emily Chan that this will be particularly problematic for countries such as the Philippines and Vietnam.
Robert Kiyosaki - How to start a Legitimate Home Based Business
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How to Handle Your Finances Online
Based On Robert KIYOSAKI - Check out how this incredible system can put you in the drivers seat of budgets, finances and cashflow
Personal Finance Tips : Online Business Bank Account Tips
Based On Robert KIYOSAKI - Check out how this incredible system can put you in the drivers seat of budgets, finances and cashflow
Diamond Offshore Hiked to Buy at Goldman Sachs; Shares Higher
Goldman Sachs Group, Inc. (NYSE:GS) lifted its rating for Diamond Offshore Drilling, Inc. (NYSE:DO) from Sell to Conviction Buy on Friday. In a note to clients, Goldman Sachs analysts said Diamond Offshore Drilling may see continued gains with international exposure.
Shares of the firm are trading 4.38% higher on the news at $70.24. It has reported $3.4 billion in sales over the past 12 months and is expected to report $3.4 billion in sales in the next fiscal year.
Shares of the firm are trading 4.38% higher on the news at $70.24. It has reported $3.4 billion in sales over the past 12 months and is expected to report $3.4 billion in sales in the next fiscal year.
Dollar Fluctuates As Fewer Jobs Added Than Forecast
Dollar Fluctuates As Fewer Jobs Added Than Forecast
Bloomberg reports that the dollar fluctuated against its major currency counterparts following the U.S. payrolls report that added fewer jobs than economists had forecast.
The euro hit a three-month low against the greenback as Belgian and Irish credit-default swaps reached a record while the cost of insuring Portugal and Italy's debt rose.
The dollar dropped 0.4% to 83.04 yen this morning from 83.33 yen yesterday. It advanced 0.3%, however, to $1.2968 per euro, from $1.3003. It saw its strongest level on September 14, 2010, when it was $1.2936 per euro.
According to JPMorgan Chase analysts, the dollar will fall about 12% to $1.48 per euro and drop 7% to 78 yen by the end of 2011 if the Fed keeps interest rates close to zero and the fiscal deficit remains near a record high.
Bloomberg reports that the dollar fluctuated against its major currency counterparts following the U.S. payrolls report that added fewer jobs than economists had forecast.
The euro hit a three-month low against the greenback as Belgian and Irish credit-default swaps reached a record while the cost of insuring Portugal and Italy's debt rose.
The dollar dropped 0.4% to 83.04 yen this morning from 83.33 yen yesterday. It advanced 0.3%, however, to $1.2968 per euro, from $1.3003. It saw its strongest level on September 14, 2010, when it was $1.2936 per euro.
According to JPMorgan Chase analysts, the dollar will fall about 12% to $1.48 per euro and drop 7% to 78 yen by the end of 2011 if the Fed keeps interest rates close to zero and the fiscal deficit remains near a record high.
Bob Chapman on Freedomlink Radio 1/6/2011
Bob Chapman joins the broadcast to discuss the state of the economy, the country and where we are headed in the short and long runs.
Stock Market Video - Markets Drop Sharply On Jobs Report And Dollar Up
InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics.
There is no Gold Bubble - The Fundamentals are strong
Jan. 7 2011 | The momentum in gold is lower, but is it just taking a break before rocketing higher? Keith McCullough, Hedgeye Risk Mgmt. CEO, and Frank Holmes, US Global Investors CEO, discuss.
Can Gold Sell-Off Continue?
New York (TheStreet) -- Jon Nadler, senior analyst at Kitco.com breaks down if gold prices have seen the worst of the selling.
Jon Nadler senior analyst at kitco dot com :".... that definitely raises the Specter of a possible visit to the 200 day moving average which is done in the you know twelve -- area. So that is largely going to be dependent on what happens with Friday's jobless numbers and if in fact the market offers. Further surprises to the upside as far as the economic recovery is concerned. Then of course commodities in general. Gold in particular. Might stand to -- some more ground here. Be over dependent and investment. I'll stake for gold does raise these risks when in fact fickle money gets up and leave....."
Jon Nadler senior analyst at kitco dot com :".... that definitely raises the Specter of a possible visit to the 200 day moving average which is done in the you know twelve -- area. So that is largely going to be dependent on what happens with Friday's jobless numbers and if in fact the market offers. Further surprises to the upside as far as the economic recovery is concerned. Then of course commodities in general. Gold in particular. Might stand to -- some more ground here. Be over dependent and investment. I'll stake for gold does raise these risks when in fact fickle money gets up and leave....."
FFw/JB Radio Show (1/6/2011): Bob Chapman
Bob Chapman, The International Forecaster, discussed a variety of topics during the first hour of the Thursday January 6, 2011 episode of the Freedom Files with James Burns Radio Show.
Thursday, January 6, 2011
Bob Chapman on Discount Gold and Silver Trading Jan 05 2010
Bob Chapman on Discount Gold and Silver Trading Jan 05 2010
This Decade, Silver Will Be Worth More Than Gold
I think everybody will buy physical silver after having seen this video. Silver, the greatest investment in human history
just as gold went from $35 to $850 per ounce in a decade(1969-1980) and palladium went from $200 to nearly $1,000 in just 3 years(1997-2000), we believe over the next decade silver investors will be rewarded greatly!
1980
World population: 2.5 billion
Global GDP: 10 trillion U.S. dollars
China is the eleventh largest economy
Gold Stocks: one billion ounces
Silver Reserves: 3.5 billion oz
Silver Spot Price: $ 50
Inflation-adjusted spot price: $ 456
2010
World population: 7 billion (+176%)
Global GDP: 60 trillion dollars (+500%)
China is the second largest economy
Gold Stocks: 7 billion ounces (+600%)
Silver inventories 500-700 million (-91%)
Silver Spot Price: 30 $ (-40%)
Difference to the inflation-adjusted spot price in 1980: $ 426
* The annual supply is less than the (increasing) demand
* 2009: Production: 710 million, demand: 880 million ounces
* Silver is the metal with the world's most applications
* The number of applications is steadily rising!
* In many applications, silver by
no other material can be replaced
* Silver is shorts and forwards in the amount of
7 billion ounces (10 years of production) under pressure
set. These positions must be covered - how?
* More and more investors become aware of silver
and enter into the market.
* Currently there is less disposable silver than in 1300
* The amount of silver available on the market is much smaller
than that of gold - but gold is 50 times more expensive
*:
* Silver is the most undervalued commodity in the world
* Silver IS the greatest investment in history
What price silver will actually achieve, we must wait - the markets are unpredictable. But the economic fundamentals of supply and demand are always - unless the markets are manipulated. But everything has a beginning has an end - thus also the manipulation not go on forever ...
just as gold went from $35 to $850 per ounce in a decade(1969-1980) and palladium went from $200 to nearly $1,000 in just 3 years(1997-2000), we believe over the next decade silver investors will be rewarded greatly!
1980
World population: 2.5 billion
Global GDP: 10 trillion U.S. dollars
China is the eleventh largest economy
Gold Stocks: one billion ounces
Silver Reserves: 3.5 billion oz
Silver Spot Price: $ 50
Inflation-adjusted spot price: $ 456
2010
World population: 7 billion (+176%)
Global GDP: 60 trillion dollars (+500%)
China is the second largest economy
Gold Stocks: 7 billion ounces (+600%)
Silver inventories 500-700 million (-91%)
Silver Spot Price: 30 $ (-40%)
Difference to the inflation-adjusted spot price in 1980: $ 426
* The annual supply is less than the (increasing) demand
* 2009: Production: 710 million, demand: 880 million ounces
* Silver is the metal with the world's most applications
* The number of applications is steadily rising!
* In many applications, silver by
no other material can be replaced
* Silver is shorts and forwards in the amount of
7 billion ounces (10 years of production) under pressure
set. These positions must be covered - how?
* More and more investors become aware of silver
and enter into the market.
* Currently there is less disposable silver than in 1300
* The amount of silver available on the market is much smaller
than that of gold - but gold is 50 times more expensive
*:
* Silver is the most undervalued commodity in the world
* Silver IS the greatest investment in history
What price silver will actually achieve, we must wait - the markets are unpredictable. But the economic fundamentals of supply and demand are always - unless the markets are manipulated. But everything has a beginning has an end - thus also the manipulation not go on forever ...
Silver, the greatest investment in human history
Silver Shortage This Decade, Silver Will Be Worth More Than Gold
just as gold went from $35 to $850 per ounce in a decade(1969-1980) and palladium went from $200 to nearly $1,000 in just 3 years(1997-2000), we believe over the next decade silver investors will be rewarded greatly!1980
World population: 2.5 billion
Global GDP: 10 trillion U.S. dollars
China is the eleventh largest economy
Gold Stocks: one billion ounces
Silver Reserves: 3.5 billion oz
Silver Spot Price: $ 50
Inflation-adjusted spot price: $ 456
2010
World population: 7 billion (+176%)
Global GDP: 60 trillion dollars (+500%)
China is the second largest economy
Gold Stocks: 7 billion ounces (+600%)
Silver inventories 500-700 million (-91%)
Silver Spot Price: 30 $ (-40%)
Difference to the inflation-adjusted spot price in 1980: $ 426
* The annual supply is less than the (increasing) demand
* 2009: Production: 710 million, demand: 880 million ounces
* Silver is the metal with the world's most applications
* The number of applications is steadily rising!
* In many applications, silver by
no other material can be replaced
* Silver is shorts and forwards in the amount of
7 billion ounces (10 years of production) under pressure
set. These positions must be covered - how?
* More and more investors become aware of silver
and enter into the market.
* Currently there is less disposable silver than in 1300
* The amount of silver available on the market is much smaller
than that of gold - but gold is 50 times more expensive
*:
* Silver is the most undervalued commodity in the world
* Silver IS the greatest investment in history
What price silver will actually achieve, we must wait - the markets are unpredictable. But the economic fundamentals of supply and demand are always - unless the markets are manipulated. But everything has a beginning has an end - thus also the manipulation not go on forever ...
Dont buy new positions in the precious metals sector as gold and sliver says Puru Saxena
Jan. 5 2011 | Don't buy new positions in the precious metals sector as gold and sliver are very much overextended, says Puru Saxena, chief executive at Puru Saxena Wealth Management. He shares his thoughts with Daryl Guppy, CEO at Guppytraders.com and CNBC's Martin Soong & Sri Jegarajah.
Probe Blames BP, Halliburton for US Oil Spill
AlJazeeraEnglish--January 05, 2011-- http://www.msnbc.msn.com/id/40941697/...
A White House commission investigating the oil spill in the Gulf of Mexico has said the companies involved were more interested in saving money than saving lives. It says the April explosion at the Deepwater Horizon oil rig was the result of failures by BP, Halliburton, Transocean and government offices dealing with the well. The commission also said similar accidents could happen again if the industry does not change the way it operates. Al Jazeera's John Terrett reports from Washington.
A White House commission investigating the oil spill in the Gulf of Mexico has said the companies involved were more interested in saving money than saving lives. It says the April explosion at the Deepwater Horizon oil rig was the result of failures by BP, Halliburton, Transocean and government offices dealing with the well. The commission also said similar accidents could happen again if the industry does not change the way it operates. Al Jazeera's John Terrett reports from Washington.
Wednesday, January 5, 2011
Rising Cost Of Food
January 05, 2011 BBC World News
Everything shipped gas/diesel is going up. It's not rocket science. Supply and Demand = B.S.
The criminals in DC want GM "food safety bill" for the corps like MONSANTO. Just more "CHANGE" of nothing. America could produce enough food for the world IF they weren't paying the CORP farms to not grow.
"Over population"= B.S. too. Everyone on the planet could have an their own Eco- farm in Australia. ENRON Ken Lay "Carbon Credits" WON'T save you either.
Everything shipped gas/diesel is going up. It's not rocket science. Supply and Demand = B.S.
The criminals in DC want GM "food safety bill" for the corps like MONSANTO. Just more "CHANGE" of nothing. America could produce enough food for the world IF they weren't paying the CORP farms to not grow.
"Over population"= B.S. too. Everyone on the planet could have an their own Eco- farm in Australia. ENRON Ken Lay "Carbon Credits" WON'T save you either.
Report: B.P. Oil Spill Caused By Taking Short Cuts & Cutting Cost
January 05, 2011 BBC World News
"B.P. Oil Spill Caused By Taking Short Cuts & Cutting Cost"
So that's why Haliburton bought out the largest clean up company in the world right before the BP oil spill?
Is that why the CEO of BPO sold off his own stock in BP right before it happened?
"B.P. Oil Spill Caused By Taking Short Cuts & Cutting Cost"
So that's why Haliburton bought out the largest clean up company in the world right before the BP oil spill?
Is that why the CEO of BPO sold off his own stock in BP right before it happened?
$15,000 Gold and $1500 Silver Predictions By Mike Maloney
$15,000 Gold and $1500 Silver Predictions By Mike Maloney
$5,000 Gold
Mike Maloney, Rob Mcgewen, gold, silver, crash JP morgan buy silver, james turk, max keiser, alex jones, hyperinflation, deflation TOO ALL INFOWARRIORS-GOLD-SILVER BUGS, TRADE-IN THOSE UNWANTED CHRISTMAS GIFTS FOR FIAT CURRENCIES AND USE IT TO BUY MORE SILVER
The Gold Trade
Jan. 5 2011 | You can profit from gold regardless of where it heads next, according to Scott Nations of NationsShares.
Stronger Dollar Weighs on Commodities
Jan. 5 2011 | The Dollar soars higher on strong economic data.
When To Buy Silver
When to buy silver is a question I get asked alot. I will give you my opinion on when to buy silver but you must do your own research and make your own decision. Silver price is down today along with the gold price. Buy silver bullion or junk silver on the dips.
Western nations trying to avoid an economic collapse and also a Dollar and Euro collapse.
Federal reserve signals continued stimulus which is a bullish signal for precious metals. Economic recovery no where in sight.
My rule is simple: when I have excess paper cash, I trade it for silver as soon as I can.
Western nations trying to avoid an economic collapse and also a Dollar and Euro collapse.
Federal reserve signals continued stimulus which is a bullish signal for precious metals. Economic recovery no where in sight.
My rule is simple: when I have excess paper cash, I trade it for silver as soon as I can.
Nepal precious metals traders say silver shortage is worst
Nepal Government to Resume Import of Gold
From Nepal News, Kathmandu
Monday, December 13, 2010
http://www.nepalnews.com/main/index.php/business-a-economy/11558-govt-to...
With the domestic bullion market reeling under the shortage of gold and silver, the Ministry of Commerce and Supplies has decided to resume the import of gold and silver within a week.
The ministry is holding a meeting with gold traders and dealers to discuss the modalities and other issues before finally allowing the guidelines sent by the Nepal Rastra Bank to be implemented.
The Nepal Rastra Bank had submitted the draft of the guidelines to the ministry, with some changes in the previous provision that allowed commercial banks to import 10 kilograms of gold per day on a rotation basis.
The domestic market faced a shortage of the both metals owing to the delay by the ministry in finalizing the guidelines, though the import ban was lifted by the government some weeks ago.
Currently, the demand for gold in the domestic market stands at 35 kilograms per day and that for silver at 200 kilograms per day.
According to gold traders, the demand for gold was being addressed partially by the gold illegally imported from India. But in the case of silver the situation is the worst, they said.
From Nepal News, Kathmandu
Monday, December 13, 2010
http://www.nepalnews.com/main/index.php/business-a-economy/11558-govt-to...
With the domestic bullion market reeling under the shortage of gold and silver, the Ministry of Commerce and Supplies has decided to resume the import of gold and silver within a week.
The ministry is holding a meeting with gold traders and dealers to discuss the modalities and other issues before finally allowing the guidelines sent by the Nepal Rastra Bank to be implemented.
The Nepal Rastra Bank had submitted the draft of the guidelines to the ministry, with some changes in the previous provision that allowed commercial banks to import 10 kilograms of gold per day on a rotation basis.
The domestic market faced a shortage of the both metals owing to the delay by the ministry in finalizing the guidelines, though the import ban was lifted by the government some weeks ago.
Currently, the demand for gold in the domestic market stands at 35 kilograms per day and that for silver at 200 kilograms per day.
According to gold traders, the demand for gold was being addressed partially by the gold illegally imported from India. But in the case of silver the situation is the worst, they said.
Robert Kiyosaki Conventional Education Vs. Financial Literacy,
Robert Kiyosaki explains the new rules of money, he go on to say how the old rules where, go to school,get a safe secure job, work hard to earn more money, save money,buy a house, and so on the new rules he explains as in the video.
John Stephenson : Silver to $50
Investors should buy silver because it's the new gold, says John Stephenson, First Asset Investment Management.
Gold and Silver - Metals Market Update 05 Jan 2011
Lind-Waldock Strategist Phil Streible discusses the metals markets.
Pittsburgh Man House Demolished by Mistake
AssociatedPress and WPXI--January 05, 2011--A Pittsburgh man says he returned to his home after the holidays to find a backhoe sitting where he house should have been. City officials say a contractor accidentally demolished the man's house, instead of the one next door.
How Gold is Mined : Cripple Creek and Victor Mine
Striking Gold
Jan. 5 2011 | A first-hand look at Cripple Creek and Victor Mine, with CNBC's Bertha Coombs.
Jan. 5 2011 | A first-hand look at Cripple Creek and Victor Mine, with CNBC's Bertha Coombs.
Peter Schiff : GOLD SILVER - 2011 - 2012 - DOLLAR (INFLATION)
You can't print your Gold and the mining companies say they cannot find more gold to satisfy the demand , buy gold in 2011 and 2012 if you want to protect your assets .....Gold is still a bargain says Peter Schiff...
Silver Talk with a coin dealer
The cartel raiding silver badly now. from 31,2 to 28,80 as we speak. Lots of stop losses triggered. China better start buying now,Buy like hell, man. The rumor is 15-20/oz. Who really knows though? Even if it does hit the mark and you've bought at 25...you already know you're going to make your money back
Taking the silver update on the road to talk with my local coin guy. Are we ANY WHERE CLOSE to a top? Is he seing any panic buying??
The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.
Taking the silver update on the road to talk with my local coin guy. Are we ANY WHERE CLOSE to a top? Is he seing any panic buying??
The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.
Tuesday, January 4, 2011
EUROPE RUNNING OUT OF GOLD AND SILVER! CONFISCATION OR TAXAT
This is a letter written and was delivered to me by US Mail on Saturday.
Will the US follow Europe down the Rabbit Hole?
Will PM crash and burn like in Oct 2008 before they run up to stratospheric levels or will the US employ ancient confiscation methods that failed in 1933.
Or just mabe a new VAT tax with PM being taxed at 25%-50%?
What can be done to save the US and now the World from financial ruin?
It is very upsetting to see that this manipulation is taking place. My business partner and I knew that something was wrong when there was no silver at the refinery and was told to by the silver on our fine account until some came in. this is a sad time, the banks are going to get away from the problem and leave the people struggling with paper currency. they have got a bargin. be sure that the silver price is going to rise, as soon as the banks get into the ark of silver two by two.
Will the US follow Europe down the Rabbit Hole?
Will PM crash and burn like in Oct 2008 before they run up to stratospheric levels or will the US employ ancient confiscation methods that failed in 1933.
Or just mabe a new VAT tax with PM being taxed at 25%-50%?
What can be done to save the US and now the World from financial ruin?
It is very upsetting to see that this manipulation is taking place. My business partner and I knew that something was wrong when there was no silver at the refinery and was told to by the silver on our fine account until some came in. this is a sad time, the banks are going to get away from the problem and leave the people struggling with paper currency. they have got a bargin. be sure that the silver price is going to rise, as soon as the banks get into the ark of silver two by two.
INVEST 500oz SILVER TO BUY A HOUSE? - Mike Maloney
"In 1980, it took 1000oz of silver to buy a single family median price home, that day will come again but it's probably going to be less than 500oz. This opportunity isn't going to last for long...there are these brief moments that go by, as far as historic time, they go by in the blink of an eye...where the safest place to be, the place where people run to, to protect their financial well being during economic crisis, gold and silver, they have been the safe haven for your finances for 5000 years. And there are these brief moments in history where they simultaneously become the asset class that has the single greatest potential gains in absolute purchasing power...and we're in one of those RIGHT NOW." - Mike Maloney
Im hoping it does go to 30:1, its made a good year end high which is a good sign & certainly the investment demand is increasing as the word spreads. I managed to get hold of four series 1 lunar kilos in January 2008 at £250 each, they would easily sell for £750- £800 each now, im thinking this time next year they will be a £1000 each. Silvers up 75% in 2010 compared to golds 25%. Id prefer silver as its cheap as chips still & anyone can start investing with around $35.
Im hoping it does go to 30:1, its made a good year end high which is a good sign & certainly the investment demand is increasing as the word spreads. I managed to get hold of four series 1 lunar kilos in January 2008 at £250 each, they would easily sell for £750- £800 each now, im thinking this time next year they will be a £1000 each. Silvers up 75% in 2010 compared to golds 25%. Id prefer silver as its cheap as chips still & anyone can start investing with around $35.
Adrian Douglas Silver will be worth more than Gold !
Adrian Douglas is a member of the Board of Directors of the Gold Anti-Trust Action Committee (GATA). Douglas graduated from Cambridge University, England, in 1980. He worked for 20 years in the oil and gas industry. He is the founder of Market Force Analysis which is an investor service that uses a unique algorithm and methodology for analyzing commodity futures markets and in particular for identifying appropriate entry and exit points. He publishes the market letter of that name MarketForceAnalysis.com. While analyzing many different commodities the service has a strong focus on precious metals.Tarek Saab of Trusted Bullion this week interviewed GATA Board of Directors member Adrian Douglas (http://www.MarketForceAnalysis.com) about his research into the manipulation of the gold and silver markets
With $7000 Gold, Silver Will Reach a 4 Digit Number
Silver is more rare than gold, the price will explode. Isnt it time that you own some yourself. Here is the easiest way in the world to own and earn your own American Eagles Silver Coins. trust me this is aggressive with mainsteam Americans 20 to 40% of your portfolio in Metals? Why so little? What else could possibly be in your portfolio that is worth anything really? The stocks in your portfolio better be mostly if not ALL commodities. And hang on to your hat! Got cash? Buy Metal.
Why Silver Will Be a Better Investment than Gold
Why Silver Will Be a Better Investment than Gold
While gold is and always has been money, and its status as the ultimate preserver of wealth is untouchable, in the coming years silver promises to be a significantly more lucrative investment than gold. There are a few reasons for this.According to (fairly) recent surveys, there are around 400 million ounces of silver bullion in the world versus 2 billion ounces of gold bullion. That means there the supply of gold bullion is 5 times greater than the supply of silver bullion. If we include coinage that can be melted down into bullion, then the supply of gold is three times greater than the supply of silver, with 1 billion ounces of silver and 3 billion ounces of gold. So silver the amount of silver available for use is much smaller than the amount of gold available.
The global supply of gold increases by about 2% per year, largely because gold is normally recycled and reused. But silver has many industrial uses, and silver is largely not reusable, so every year there is a supply deficit. Even in years of low demand, the supply of newly mined silver falls short of demand by about 70 million ounces. In years of high demand, it may fall short by as much as 200 million ounces. These deficits need to be taken out of the existing silver supplies above ground, which are therefore being depleted. Demand for silver has been outstripping supplies for 15 years straight, and there is no sign of this reversing.
In addition to those simple realities of supply and demand, the case of silver is complicated by some of the financial funny business that goes on in this world (which we've seen plenty of over the past year and a half). One of those funny things is the existence of unbacked silver certificates. Silver certificates are like IOUs that indicate that you have paid for an ounce of silver, and these certificates are supposed to be redeemable for physical silver. There are one billion of these certificates out there. But remember -- there are only 400 million ounces of silver bullion in the world. So what happens when the price of silver increases and people want to convert their certificates? A big shortage will occur, and that will send the price of silver soaring even higher.
Another bit of funny business is that there is a massive short position in silver that greatly exceeds the supply of physical silver. When you short an investment, it means that you borrow it and sell it now while the price is high, and you buy it back later when the price is lower. The problem is that when everybody goes to buy back the silver they have shorted, there won't be enough! There are approximately 508 million ounces of silver shorted on NYMEX, but there is only 132 million ounces of supply. Remember that worldwide, there is only 400 million ounces of silver bullion in existence, less than the amount that is shorted on NYMEX. When these people all go to cover their short positions then the rediculous degree of the silver shortage will become apparent.
For all of these reasons and others, silver is destined to be an amazing investment opportunity over the years to come. While gold will protect you from currency devaluation, silver will help you multiply your wealth, if you are significantly invested in it.
Buy Silver Bars For The Long Term
Buy Silver Bars For The Long Term
Today I made a purchase of 2 kilograms of silver bullion, and I was once again reminded of one of the necessary evils of precious metals investing: the buy/sell spread. The buy/sell spread refers to the different between the price you pay when you buy the metal, versus the price you will be paid if you are selling your metal back. You've probably experienced something similar if you've ever changed money into a foreign currency for a trip. The buy and sell prices are different. This is, of course, to the benefit of the dealer and essentially amounts to a service charge. All precious metal bullion bars and coins are sold with some kind of spread, because this is what keeps the dealers in business. The spread depends on the kind of metal, and also on the size increment that you buy. The smaller the unit, the larger the markup. A tiny 5 gram gold bar can have a spread of 25%, and 1 ounce bullion coins can have a spread of around 15%, while a 1 kilogram bar currently worth around $30,000 may have a markup of just 1 or 2 %.
But compared to the other precious metals, the buy sell spread on silver is very wide, exceeding 10%. Today I purchased my silver at Ishifuku Metals in Osaka, Japan.
The silver spot price in Japanese yen was approximately 35,000 yen (currently 392.962 US dollars) per kilogram of silver. The sell price was over 39,000 yen (currently 438.156 US dollars) per kg, while their buy price was either the spot price or very close to it. That's a spread of around 11.5%!
On top of that there are service charges. At Ishifuku Metals there was a service charge of 5200 yen per 1 kg bar, so in total 10,400 yen. So to obtain 2 kilograms of silver whose spot price was around 70,000 yen, I wound up paying close to 90,000 yen, or around 28.5 % more than the spot price. So to turn a profit on my silver purchase, silver will have to increase in value by over 28.5 %. So why did I buy it? Because it's an investment that I intend to hold for the future, and I am confident that the price of silver will grow exponentially in future years. I have no intentions of trading silver and buying and selling it regularly. For that I would focus on silver stocks or silver ETFs (electronically traded funds). But for a secure investment in my future wealth, I want to own physical precious metals. By the way, you don't always have to pay these extra transaction costs, but in Japan they seem to be the norm unless you buy 30 kg bars or more. Why does silver have a much larger buy/sell spread and higher transaction feeds than gold? It probably has to do with the low price of silver for its weight. At current prices, an ounce of gold costs about the same as 2 kilograms of silver. Even though an ounce of gold and 2 kg of silver sell for somewhere around the same price, it costs a lot more to store and transport the silver because of its size and weight. Hence the higher transaction fees. I suspect that the wide spread is also a reflection of the current silver shortage, and growing investor demand for silver which results in the dealer having to run around and order some for you rather having it on stock.
When buying gold the buy/sell spread and fees are much lower than for silver. But you should still be aware of them when you buy physical gold, and you should think twice if you intend to buy gold, silver or other precious metals in order to quickly sell them when the price swings upward. The spread and transaction fees make this impractical. If you want to trade precious metals, buying on the dips and selling on the peaks, a precious metals ETF or mining stock may be the way to go instead.
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