China Concerns Pull Down Commodities
Saturday, January 22, 2011
Rich Dad Real Estate Advisor Ken McElroy on his Latest Apartment Complex Investments
Robert Kiyosaki's "Rich Dad" real estate advisor Ken McElroy talks to http://www.FinancialSurvivalRadio.com host Jay Carter about how his apartment complex investments are faring during the ongoing economic downturn. McElroy's latest book is "The Sleeping Giant: An Awakening of the Self-Employed Entrepreneur" which can be found at http://www.thesleepinggiant.com
Silver in Backwardation, Set to Explode says James Turk
read full article from KWN >>>> http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/1/21_James_Turk_-_Silver_in_Backwardation,_Set_to_Explode.html
Bob Chapman Gold has won a battle over the Dollar becoming the world reserve currency
Bob Chapman on Discount Gold and Silver Trading Jan 21 2011
Bob Chapman explains why the gold is correcting, this correction is man made , but Gold has won a battle over the Dollar becoming the world reserve currency , JP Morgam runs the United States ...we are in for a bad bad time and it is only going to get worse...
Bob Chapman explains why the gold is correcting, this correction is man made , but Gold has won a battle over the Dollar becoming the world reserve currency , JP Morgam runs the United States ...we are in for a bad bad time and it is only going to get worse...
The silver market is volatile
The silver market is much more volatile than gold. Crash abrupt and sudden flare-ups in prices are the norm rather than the anomaly. The first question to ask is the price of silver is linked to that of gold in a narrow or even influenced by macroeconomic dynamics linked to the demand of the industrial sectors?
the silver market is very tight and volatile, and it seems to me that LSIL is leveraged two, right? I am very optimistic for the white metal in the medium term but I believe that 2011 will be a year of agony and correction after an exceptional 2009 and 2010.
waited patiently for the moment to increase the positions (I doubled to open in autumn 2005 and May 2010 bradipotrading ...) but I need to purge the excess optimism about this industry and it takes months and months, not enough a few weeks .
Also keep an eye on the price of metals against the euro because it is what you really want to end. one against the dollar is important to study support and resistance, but the accounts you make them in another currency.
the silver market is very tight and volatile, and it seems to me that LSIL is leveraged two, right? I am very optimistic for the white metal in the medium term but I believe that 2011 will be a year of agony and correction after an exceptional 2009 and 2010.
waited patiently for the moment to increase the positions (I doubled to open in autumn 2005 and May 2010 bradipotrading ...) but I need to purge the excess optimism about this industry and it takes months and months, not enough a few weeks .
Also keep an eye on the price of metals against the euro because it is what you really want to end. one against the dollar is important to study support and resistance, but the accounts you make them in another currency.
Alaska Gold Rush Part 9
When the going gets tough the tough seek new frontiers. Six recession hit patriots from Oregon become greenhorn gold miners.
Bob Chapman interview with Freeamerican69 from Tuscon 1-1-21-2011
The Fed that destroys and The Fed that claims to repair, Milken still rich, wake up to revolution in 2011, few jobs created last year, billions in costs to taxpayers, tax breaks for the mega rich, flat Christmas, TSA gets in your pants, understanding the looming crisis. Bob Chapman, ex-spy, Founder and Editor of the International Forcaster talks with Clay about the crimes of the Banksters.
Friday, January 21, 2011
Mexico Oil Production
Jan. 21 2011 | Mexico has a state owned oil monopoly like no other in the world- its nearly every move has been dictated by politicians, reports CNBC's Michelle Caruso-Cabrera.
Trading Gold : Metal or Stock?
Jan. 21 2011 | Discussing whether the bubble is bursting in gold and whether you should buy the metal or the stock on the selloff, with Andre Julian, Opvest, and Daniel Dicker, TheStreet.com
Hedging Your Gold Position
Jan. 21 2011 | Now is a good time to hedge your position in gold, with Brian Stutland, Stutland Equities.
Gold,Silver,Freedom and History......which side will you be on?
Gold is being revalued and the monetary system is being reset, only those with gold and silver will prevail. Silver is manipulated and extremely undervalued. Crash JP morgan buy silver. Ben Bernanke is printing money like crazy and causing an economic collapse.
Donald Trump for president 2012
Donald Trump for president 2012 , Donald Trump : OPEC are draining the blood out of this country , Donald Trump on oil prices, economy the OPEC cartel and how he would deal with them in case he becomes the president of the United States of America , Donald Trump will announce his decision whether he will run for presidency in 2012 or not next June he confirmed....
Rich Dad Advisor Mike Maloney predicts 2011 Financial Future
Rich Dad Advisor Mike Maloney predicts 2011 Financial Future
Rich Dad adviser Mike Maloney has a deep knowledge of both Gold and Silver. He shares his predictions for Gold and Silver in relation to the overall Financial Market for 2011. Robert Kiyosaki -- Founder of Rich Dad. "Mike has a tremendous financial IQ. ... Take a Home Library Tour with Mike Maloney December Tuesday 21, 2010 ...
19 Feb 2008 ... 2008 Prediction -- Mike Maloney on Gold and Silver.
31 Mar 2010 ... Rich Dad's Michael Maloney, author of Rich Dad's Guide to Investingin Gold & Silver, talks with Bloomberg's Haslinda Amin about his ...
Amazon.com: Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future (9780446510998): Michael Maloney: Books.
5 Jan 2011 ... Mike Maloney endorsing Wealth Masters International ... His financial education book series Rich Dad Poor Dad has been translated to over ...4 Feb 2008 ... Author: alan | Categories: Buy Gold, Educational Videos, Gold, Precious Metals Investing | Posted: 4 February, 2008 | Tags: Buy Gold, ...
Mike Maloney and Richard Duncan are the financial wise men of this era in history. ... Since 2005 Michael Maloney has been the precious metals investment ...
18 Feb 2010 ... The Rich Dad Advisor: Michael Maloney offers in-depth insights on the important of gold and silver in business since ancient times.
22 Jun 2010 ... www.richdadstrategies.com Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and.
Rich Dad adviser Mike Maloney has a deep knowledge of both Gold and Silver. He shares his predictions for Gold and Silver in relation to the overall Financial Market for 2011. Robert Kiyosaki -- Founder of Rich Dad. "Mike has a tremendous financial IQ. ... Take a Home Library Tour with Mike Maloney December Tuesday 21, 2010 ...
19 Feb 2008 ... 2008 Prediction -- Mike Maloney on Gold and Silver.
31 Mar 2010 ... Rich Dad's Michael Maloney, author of Rich Dad's Guide to Investingin Gold & Silver, talks with Bloomberg's Haslinda Amin about his ...
Amazon.com: Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future (9780446510998): Michael Maloney: Books.
5 Jan 2011 ... Mike Maloney endorsing Wealth Masters International ... His financial education book series Rich Dad Poor Dad has been translated to over ...4 Feb 2008 ... Author: alan | Categories: Buy Gold, Educational Videos, Gold, Precious Metals Investing | Posted: 4 February, 2008 | Tags: Buy Gold, ...
Mike Maloney and Richard Duncan are the financial wise men of this era in history. ... Since 2005 Michael Maloney has been the precious metals investment ...
18 Feb 2010 ... The Rich Dad Advisor: Michael Maloney offers in-depth insights on the important of gold and silver in business since ancient times.
22 Jun 2010 ... www.richdadstrategies.com Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and.
Buy USD-Yen on Dips, Sell Euro at $1.35
Jan. 20 2011 | The euro's resurgence is short-lived and $1.35 is a great 'sell' opportunity, says Robert Rennie, currency strategist at Westpac Bank. He looks at the major crosses, with Kirby Daley, senior strategist at Newedge Group and CNBC's Lisa Oake and Sri Jegarajah.
Gold to Drop $250 says Doug Kass
Jan. 21 2011 | The price of gold is among the worst asset classes of the new year, says Doug Kass, Seabreeze Partners Management.
Gold Heads for Three Week Loss
Gold fell Friday as it looks to be headed toward its third straight weekly loss on speculation that interest rates will rise with an economic recovery. Likewise, silver also fell to its seven-week low.
The appeal of the precious metal so far in the new year is dull after a strong performance in 2010 when it outperformed both stocks and bonds, gaining 30% in 2010.
Tom Pawlicki, a MF Global analyst, said, "Higher interest rates take away the bullish argument that low opportunity costs are supportive for gold."
Gold futures for February delivery fell $3.80, or 0.3%, to $1,342.70 an ounce Friday morning on the Comex in New York. It is down 1.3% for the week, after losing 4.3% in the prior two weeks. Earlier today, its price fell to $1,337, its lowest level since November 18.
The appeal of the precious metal so far in the new year is dull after a strong performance in 2010 when it outperformed both stocks and bonds, gaining 30% in 2010.
Tom Pawlicki, a MF Global analyst, said, "Higher interest rates take away the bullish argument that low opportunity costs are supportive for gold."
Gold futures for February delivery fell $3.80, or 0.3%, to $1,342.70 an ounce Friday morning on the Comex in New York. It is down 1.3% for the week, after losing 4.3% in the prior two weeks. Earlier today, its price fell to $1,337, its lowest level since November 18.
Silver Shortage and China Inflation
Silver Shortage and China Inflation an update from NIA market gluts with physical as price drops.. they get the physical AND the short play profits. not a bad scam.it took Eric Sprott 2 months to get his physical silver delivered ..."If it takes him 2 months, imagine how long it will take you to get yours".
Bob Chapman The Health Bill is Euthanasia
Bob Chapman on FFw/JB Radio Show (1/20/2011)
Bob Chapman, The International Forecaster, discussed a variety of topics during the first hour of the Thursday January 20, 2011 episode of the Freedom Files with James Burns Radio Show.
Bob Chapman is the George Washington of our time.Think about it. If you could hear Washington, Patrick Henry or Thomas Jefferson Speak. Listen to Bob Chapman and wake the hell up for your own sake and the sake of this country.
Bob Chapman The Health Bill is Euthanasia
How to Trade Gold Volatility
Guest: Scott Redler, chief strategic officer for T3Live.com explains how to How to Trade Gold Volatility
Buy Gold on Dips
Jan. 19 2011 | Prices for precious metals will stay strong, with room for gold to hit $1,550-$1,600 within the next 12 months, according to Matthew Grossman, chief equity market strategist at Adam Mesh Trading Group, speaking to CNBC's Lisa Oake and Sri Jegarajah.
Bob Chapman only trade barriers could save our Economy
The Global Freedom Report: Bob Chapman Interview
" Bob Chapman is a former intelligence agent - a spy - and is the publisher of The International Forecaster. He is an expert on both politics and economics." only trade barriers could save our Economy , we are in the mess in where we are today because of the free trade treaties and the outsourcing says Bob Chapman The International ForecasterDEATH OF THE DOLLAR. & BULLION CONFISCATION?
They can see through metal, and dirt, shoot you 5 miles a way in the pitch black, find gas and oil miles down, look at you through your clothes, stair into your suitcase, and spot a quarter on the side walk from outer space, you don't think they can sniff out your bullion ,Bob Chapman says that so few people that hold gold today that it is not worth the effort to go after them , Gold and Silver are real money!I could see them going after gold maybe, but silver? Not unless it was $1,500/ounce or more..
The only problem with buying miners is the seeing what happened to GM. I can actually envision the government paying pennies on the dollar for the shares for these miner companies after they take them over because of National Security. It was done before during WWII.Or lets say China creates a new currency that will be backed by Gold & informs the rest of the world they arn't trust worthy enough to store their own Gold...
It will never come back
Or...Lets say they use the western world own biblical predictions against us?, Have that new currency based on gold & a digital chip installed in the arm or forehead?
Then that would eliminate Christians from owning money, it's against their religion
Refuse to buy any of that Chineese Crap . Boycott Wal - Mart . Do Not Store Precious Metals , Guns ect , in a Bank Savings Deposit Box . Cash in ALL 4 0 1 K s , I. R. A. s , Bonds , Stocks , take the Penalty , Buy Silver and Gold . Bacon , Beans , Bullets , Water , G
The only problem with buying miners is the seeing what happened to GM. I can actually envision the government paying pennies on the dollar for the shares for these miner companies after they take them over because of National Security. It was done before during WWII.Or lets say China creates a new currency that will be backed by Gold & informs the rest of the world they arn't trust worthy enough to store their own Gold...
It will never come back
Or...Lets say they use the western world own biblical predictions against us?, Have that new currency based on gold & a digital chip installed in the arm or forehead?
Then that would eliminate Christians from owning money, it's against their religion
Refuse to buy any of that Chineese Crap . Boycott Wal - Mart . Do Not Store Precious Metals , Guns ect , in a Bank Savings Deposit Box . Cash in ALL 4 0 1 K s , I. R. A. s , Bonds , Stocks , take the Penalty , Buy Silver and Gold . Bacon , Beans , Bullets , Water , G
Michael Purves : Silver is a Cheap Gold will go over $45 in 2011
Silver " has lots of catching-up to do and at a faster rate"..."well over $45 in 2011" says M Purves
Silver has pulled back from its all time high in December. Will the risk in silver for 2011 continue to be on the upside? BNN speaks to Michael Purves, Chief Global Strategist and Head of Derivatives Research, BGC Partners Silver has pulled back from its all time high in December. Will the risk in silver for 2011 continue to be on the upside? BNN speaks to Michael Purves, Chief Global Strategist and Head of Derivatives Research, BGC PartnersTed Butler on the COMEX silver
Ted Butler: COMEX silver is the only market which must have position limits radically reduced from the current accountability level. In all other commodities, including gold, the level of position limits is not so important because the short position is not that large. In silver, it’s the core issue.
Thursday, January 20, 2011
China Inflation and the Increased demand for commodities
Propaganda and Rigged Markets - Inflationary Defences - Fiat Currency
To any who analyze our daily "news" (rather than simply absorbing it like a sponge), it has been obvious for quite some time that the information with which we are bombarded each morning is not "news to inform us", but rather disinformation to deceive us, and conceal the farcical rigging of global markets. Few days provide as stark an illustration of that disinformation campaign as today.
Upon awaking and discovering that gold and silver had dropped a couple of percent overnight, I do what I always do. I immediately went to Kitco.com -- for all of the anti-precious metals propaganda which would be put out to "explain" this move in markets. I was particularly well-rewarded today, as the gold bears at Kitco had furnished no less than four anti-gold headlines, telling all the sheep why gold and silver should be moving lower today.
To any who analyze our daily "news" (rather than simply absorbing it like a sponge), it has been obvious for quite some time that the information with which we are bombarded each morning is not "news to inform us", but rather disinformation to deceive us, and conceal the farcical rigging of global markets. Few days provide as stark an illustration of that disinformation campaign as today.
Upon awaking and discovering that gold and silver had dropped a couple of percent overnight, I do what I always do. I immediately went to Kitco.com -- for all of the anti-precious metals propaganda which would be put out to "explain" this move in markets. I was particularly well-rewarded today, as the gold bears at Kitco had furnished no less than four anti-gold headlines, telling all the sheep why gold and silver should be moving lower today.
Robert Kiyosaki : $6000 SILVER ! BUY NOW!
Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....
Robert Kiyosaki : " Silver is a consumable precious metal. Unlike gold, which is hoarded, silver is used industrially. For years, before digital photography, it was used in film for cameras and movies. Today, silver is used extensively in electronics.
The reason this is a good fundamental reason to get into the metal today is because silver stockpiles are dwindling, so its price is driven by supply and demand...."
via www.finance.yahoo.com
• Silver is consumed and gold is hoarded.
• Silver is a precious metal and is also an industrial metal that is used in electronics, medicine, water purification, and jewelry
• Today stockpiles of gold are increasing while stockpiles of silver are decreasing. (This means there's an abundance of gold and a shortage of silver).
• The gold/silver ratio is historically 14:1. This means that if gold were $14 an ounce then silver would $1 an ounce. Today, the ratio is approximately 50:1. Silver is extremely underpriced. If silver held to the historic 14:1 ratio, with gold at $1,400 an ounce then silver should be $100 an ounce -- not the $30 an ounce it is today.Today Gold to Silver Ratio is 48:1
As recently as last July the ratio was 70:1
Historically the ratio has averaged 16:1 As pointed out in the article, for these reasons some folk have been buying Silver (more accurately, silver derivative products).
I’d say the silver:gold paired trade was a much better wager last July than today.
Most folks are not aware that twice in the past 100 years the ratio has gone as high as 100:1, during times of extreme financial imbalance.
Furthermore, when one looks at the LONG term ratio charts, you can see that silver had traded at a much higher premium for several centuries in the Roman period and in the Middle Ages, at times breaking the 10:1 barrier.
As with any other financial play, it all comes down to time horizon.
Robert Kiyosaki : " Silver is a consumable precious metal. Unlike gold, which is hoarded, silver is used industrially. For years, before digital photography, it was used in film for cameras and movies. Today, silver is used extensively in electronics.
The reason this is a good fundamental reason to get into the metal today is because silver stockpiles are dwindling, so its price is driven by supply and demand...."
via www.finance.yahoo.com
• Silver is consumed and gold is hoarded.
• Silver is a precious metal and is also an industrial metal that is used in electronics, medicine, water purification, and jewelry
• Today stockpiles of gold are increasing while stockpiles of silver are decreasing. (This means there's an abundance of gold and a shortage of silver).
• The gold/silver ratio is historically 14:1. This means that if gold were $14 an ounce then silver would $1 an ounce. Today, the ratio is approximately 50:1. Silver is extremely underpriced. If silver held to the historic 14:1 ratio, with gold at $1,400 an ounce then silver should be $100 an ounce -- not the $30 an ounce it is today.Today Gold to Silver Ratio is 48:1
As recently as last July the ratio was 70:1
Historically the ratio has averaged 16:1 As pointed out in the article, for these reasons some folk have been buying Silver (more accurately, silver derivative products).
I’d say the silver:gold paired trade was a much better wager last July than today.
Most folks are not aware that twice in the past 100 years the ratio has gone as high as 100:1, during times of extreme financial imbalance.
Furthermore, when one looks at the LONG term ratio charts, you can see that silver had traded at a much higher premium for several centuries in the Roman period and in the Middle Ages, at times breaking the 10:1 barrier.
As with any other financial play, it all comes down to time horizon.
CFTC and CME prove once again why you should be buying silver
hold your silver . Buy if you possibly can..
Don't drink the cool aid coz happy days for silver holders are getting closer , Gold dropped $25, Apmex dropped their price by $10, and the silver drop hasn't been reflected in their prices.
I just checked out Ebay, 1oz SilverTowne bar sold for $37 + $1.75 shipping.JPMorgan and the Fed don't intimidate me at all. Margin requirements don't affect me at all since I own no financial paper. Physical gold and silver only. The longer they manipulate, the more time I have to buy physical cheap. Bring it on JP!This second margin requirement increase so soon after the last one smells of desperation by the bankers. As the paper and physical prices diverge the paper loses credibility and they start to look not just desperate, but silly as well. Desperate and silly is hardly the image that the masters of the universe want to cultivate.The CFTC is a disgrace. Ol' Bart Chilton assured me today that "it aint' over" and he's still trying. I hope he's right. Either way it's going to end badly for the paper holders.
How much physical you hold is all that matters
The CFTC is a digrace. Ol' Bart Chilton assured me today that "it aint' over" and he's still trying. I hope he's right. Either way it's going to end badly for the paper holders.
How much physical you hold is all that matters
Don't drink the cool aid coz happy days for silver holders are getting closer , Gold dropped $25, Apmex dropped their price by $10, and the silver drop hasn't been reflected in their prices.
I just checked out Ebay, 1oz SilverTowne bar sold for $37 + $1.75 shipping.JPMorgan and the Fed don't intimidate me at all. Margin requirements don't affect me at all since I own no financial paper. Physical gold and silver only. The longer they manipulate, the more time I have to buy physical cheap. Bring it on JP!This second margin requirement increase so soon after the last one smells of desperation by the bankers. As the paper and physical prices diverge the paper loses credibility and they start to look not just desperate, but silly as well. Desperate and silly is hardly the image that the masters of the universe want to cultivate.The CFTC is a disgrace. Ol' Bart Chilton assured me today that "it aint' over" and he's still trying. I hope he's right. Either way it's going to end badly for the paper holders.
How much physical you hold is all that matters
The CFTC is a digrace. Ol' Bart Chilton assured me today that "it aint' over" and he's still trying. I hope he's right. Either way it's going to end badly for the paper holders.
How much physical you hold is all that matters
THE SILVER STEALERS : Skull & Bones, Meet the Pilgrims
A must-listen interview with Jeff Nielson.I believe the silver supply is being destroyed by industry on a daily basis. We use it in a number of applications and disposed of it in landfills never to be recovered/recycled due to the suppressed price.
Dont use a Bank Safety Deposit Box to Store Precious Metals , Guns ect . During a financial Collapse ALL Banks Will Be Closed , and I have read Reports that Even if the Banks Reopen , They and the Government Will not allow You to Retrieve the Property that rightfully Belongs to You . Find another Secure Place , Tell No One , Show No One , Wife Excluded . SLY as a SERPENT . The Government has and Will Want to Confiscate
Dont use a Bank Safety Deposit Box to Store Precious Metals , Guns ect . During a financial Collapse ALL Banks Will Be Closed , and I have read Reports that Even if the Banks Reopen , They and the Government Will not allow You to Retrieve the Property that rightfully Belongs to You . Find another Secure Place , Tell No One , Show No One , Wife Excluded . SLY as a SERPENT . The Government has and Will Want to Confiscate
Bob Chapman....Gold, Silver and the Big Banks.....Radio Liberty......1-17-2011
Bob Chapman talks about gold and silver manipulation by the big banks.
Bob Chapman wrote on the International Forecaster of the 19th January 2011 :"...Problems are not confined to the US. Ireland, England and Greece are on the hot spot. The debt Ireland has guaranteed is colossal. It is 30% of GDP. It bails out not only Irish banks, but British, French and German banks as well. What a sellout. It is impossible to take 40% of tax revenues to pay down outrageous debt at 6% interest. Needless to say this is unsustainable and the result will show up in spring elections. We expect the new government to renege on the deal. This is worse than WWI German reparations. They must believe the Irish are stupid. Do not forget it was the Irish that saved civilization and all is not lost until the last nail is hammered into the coffin. Europe has no contingency plan and the Irish exiting the euro zone and perhaps the EU could be the start of an exodus. Very simply the arrangement, a Bilderberg sellout, will be history. The $100 billion owed to US banks and $200 billion owed to the Royal family will not be repaid. That means the CIA and MI6 will again infiltrate Ireland and try to turn it upside down. As we said, if Ireland refuses to be destroyed then all the other nations in trouble will do the same thing. It will all come just be patient....."
Bob Chapman wrote on the International Forecaster of the 19th January 2011 :"...Problems are not confined to the US. Ireland, England and Greece are on the hot spot. The debt Ireland has guaranteed is colossal. It is 30% of GDP. It bails out not only Irish banks, but British, French and German banks as well. What a sellout. It is impossible to take 40% of tax revenues to pay down outrageous debt at 6% interest. Needless to say this is unsustainable and the result will show up in spring elections. We expect the new government to renege on the deal. This is worse than WWI German reparations. They must believe the Irish are stupid. Do not forget it was the Irish that saved civilization and all is not lost until the last nail is hammered into the coffin. Europe has no contingency plan and the Irish exiting the euro zone and perhaps the EU could be the start of an exodus. Very simply the arrangement, a Bilderberg sellout, will be history. The $100 billion owed to US banks and $200 billion owed to the Royal family will not be repaid. That means the CIA and MI6 will again infiltrate Ireland and try to turn it upside down. As we said, if Ireland refuses to be destroyed then all the other nations in trouble will do the same thing. It will all come just be patient....."
Gold: Investment vs. Physical Demand
NEW YORK (TheStreet) -- Nick Brooks, head of research and investment strategy for ETF Securities, breaks down why Gold physical demand is outpacing investment demand and what a...
Gold break this trying to claw their way higher because gold index is on the spot rate at just over four dollars. Joining me of nick brooks had a recent investment strategy for ETF securities. And nick -- actually outperforming the futures price right now does that mean that the driver is actually physical demand not investment demand.
Gold break this trying to claw their way higher because gold index is on the spot rate at just over four dollars. Joining me of nick brooks had a recent investment strategy for ETF securities. And nick -- actually outperforming the futures price right now does that mean that the driver is actually physical demand not investment demand.
GOLD SILVER Sell Off THE END? Or a Buying opportunity?
GOLD SILVER Sell Off THE END? Or a Buying opportunity? nothings changed. it could drop to $10 does not bother me i am not selling it, i would still have the same amount of ping as i did before. People, especially those that are new to buying metals, should not watch the market prices everyday because it can rattle you. It is a long term investment and hedge against inflation, not a day-trading situation. The smart money knows that this is just market consolidation combined with some regualr ups and downs. As you said, nothing has changed in the markets. It's simply a buying opportunity right now so pile it on if you can get it.
What has changed long term for the metals? Nothing!
Quote by Trader Dan Norcini of jsmineset.com
"Silver's breach of $28, a critical chart support level, casts a negative pall over that market. It had been uncovering some decent buying support near the 50 day moving average but that simply evaporated in the general rout among the metals today. Tightness in the physical market is apparently no match for the paper market. Used to be that in the childhood game of rock, paper, scissors, that paper covered rock so I suppose the same applies with the Comex paper market. It now needs to hold $27 or it will drop to $26.40 or so with the potential for $25 in the cards should it fail to stabilize near that level." Trader Dan Norcini
$1076 Gold $22 Silver I dont see it. But who knows I remember when Silver hit $21...then went to below $10 on the comex during the height of the financial crisis in summer fall of 2008. So anything is possible. Do you know what was interesting I was still getting $1150 and $1200 for Gold when The Comex was in the $700's during those days. The US Mint was not minting Gold coins or selling them the second hald of 2008...gee wonder why? Because they knew the COMEX price was a fraud.
What has changed long term for the metals? Nothing!
Quote by Trader Dan Norcini of jsmineset.com
"Silver's breach of $28, a critical chart support level, casts a negative pall over that market. It had been uncovering some decent buying support near the 50 day moving average but that simply evaporated in the general rout among the metals today. Tightness in the physical market is apparently no match for the paper market. Used to be that in the childhood game of rock, paper, scissors, that paper covered rock so I suppose the same applies with the Comex paper market. It now needs to hold $27 or it will drop to $26.40 or so with the potential for $25 in the cards should it fail to stabilize near that level." Trader Dan Norcini
$1076 Gold $22 Silver I dont see it. But who knows I remember when Silver hit $21...then went to below $10 on the comex during the height of the financial crisis in summer fall of 2008. So anything is possible. Do you know what was interesting I was still getting $1150 and $1200 for Gold when The Comex was in the $700's during those days. The US Mint was not minting Gold coins or selling them the second hald of 2008...gee wonder why? Because they knew the COMEX price was a fraud.
Gold and Silver Market Pull-back today , No Panic , The fundamentals are still there
Coach's Update: Volatile Silver and Gold Markets, Commision Payouts & a Rally after Presidents Day.
This is Coach's market update for 1/20/2011. The precious metals market is very volatile right now, what is the reason? Listen to Coach's update that applies 35 years of experience towards what is going on in the precious metals market today. This is the last few months that we will get silver under $30!! Buy them now, Silver might go to $22 or $25 but you cannot pick the bottom, silver will be at $50 at the end of 2011! Buy NOW!!!Their is massive manipulation going on with the markets.
Dynacor Gold Mines (TSX: DNG) News Alert
Dynacor Gold Mines is a hybrid gold company with a special concept. Using its 100% owned gold custom milling plant located on its Acari property in Peru it generates the cash flow necessary for the exploration of its mining properties. Thus, it avoids diluting its shareholders by repeated financings that characterize junior gold exploration companies.
Bob Chapman on Gold and Silver Mining Stocks
Anthony from Irvine asks Bob Chapman , "Do you consider mining stocks rare?" gold and silver is down today ! time to load up!
Silver mining stocks would be the best runner in this. Invest in all kinds of Jr mining stocks.. the big plays are SLW!!
Silver mining stocks would be the best runner in this. Invest in all kinds of Jr mining stocks.. the big plays are SLW!!
How To Be A Better Forex Trader
NEW YORK (TheStreet) - Kathy Lien, author of "The Little Book of Currency Trading ", offers advice on trading Euros and Yen, and discusses the dangers of leverage.
Kathy Lien :".........The Japanese have not been able to weaken their currency. We're issue the Japanese yen headed.The Japanese yen doesn't really made too much based upon Japanese fundamentals it really is based on what's going on the US and it isn't that is because. Dollar yen is usually seen as a proxy for the US dollar so because I think the astonishment followed by function I think that Japanese -- to -- rise.....
Kathy Lien :".........The Japanese have not been able to weaken their currency. We're issue the Japanese yen headed.The Japanese yen doesn't really made too much based upon Japanese fundamentals it really is based on what's going on the US and it isn't that is because. Dollar yen is usually seen as a proxy for the US dollar so because I think the astonishment followed by function I think that Japanese -- to -- rise.....
Jim Cramer : Gold Is Not Down Enough
NEW YORK (TheStreet) -- Jim Cramer reveals how he owns gold and why he believes it is not a bubble. Follow Jim on Twitter @JimCramer.
Jim Cramer :"....Gold is part of diversification. Strategy. I like farms like gold -- resources. And wing it did have -- people who think that -- gold bloggers think nickel goes right 2000 are not listening to me. This is a hedge against that we the Fiat currencies in the world government's printing money. It's a hedge against the notion that paper is going to keep its value world where people are printing money. But it was up huge last year. And it was up -- for the list ten -- so Alex the idea. Dated subject to a bout of profit taking which is what -....."
Jim Cramer :"....Gold is part of diversification. Strategy. I like farms like gold -- resources. And wing it did have -- people who think that -- gold bloggers think nickel goes right 2000 are not listening to me. This is a hedge against that we the Fiat currencies in the world government's printing money. It's a hedge against the notion that paper is going to keep its value world where people are printing money. But it was up huge last year. And it was up -- for the list ten -- so Alex the idea. Dated subject to a bout of profit taking which is what -....."
GLD ETF in Focus
NEW YORK (TheStreet) -- GLD (SPDR Gold ETF) is under heavy pressure once again occasioned by bearish news from China that inflation is a concern, which in turn...
UK house prices ruining UK economy (20Jan11)
Stop using house prices to bring down the UK economy, a house is for living in, not pretending you are rich. At last the DP team decide to look at the ridiculous situation of house prices in the UK.
Recorded from BBC Daily Politics, 20 January 2011.
Recorded from BBC Daily Politics, 20 January 2011.
Dwindling Oil Surplus Fires Up Prices
Crude oil stockpiles are going down at a time of year when they usually build up. Sean Brodrick tells you where he thinks prices are going next.
Morgan Stanley Adjusted 2011, 2012 EPS Estimates For Seagate Technology (STX)
Morgan Stanley adjusted its 2011 and 2012 EPS estimates for Seagate Technology (NYSE:STX) and maintained its equal-weight rating on the stock.
The bank now sees 2011 EPS of $1.13, down from $1.29 per share, and sees 2012 EPS of $1.90, up from $1.72 per share
The bank now sees 2011 EPS of $1.13, down from $1.29 per share, and sees 2012 EPS of $1.90, up from $1.72 per share
Violent Protests in Bangladesh as Stock Market Plummets
ReutersVideo--January 20, 2011--Bangladeshi stock investors riot on the streets of Dhaka, police responding with batons and tear gas.I guess Bangladesh doesn't have a Computer Plunge Protection Team like our Wall Street does.it would of happened here in the USA to if they didn't have the plunge team buying worthless stocks to make it look healthy.Just a matter of time before either collapse of dollar through deflation or hyper inflation.
So the speculators took a hit and now they're mad; I find it difficult to sympathize. These are the same people who invested in companies that exploit workers, and whose interests are protected in the most brutal fashion possible. They say Karma is a bitch, and in this case, she's deliver a righteous retribution.Day Traders rioting ?... this is rich !...exactly what do stock traders contribute to Society ?... come on guys, jump out a window like you are supposed to... leave the rioting to those that Are Society...
So the speculators took a hit and now they're mad; I find it difficult to sympathize. These are the same people who invested in companies that exploit workers, and whose interests are protected in the most brutal fashion possible. They say Karma is a bitch, and in this case, she's deliver a righteous retribution.Day Traders rioting ?... this is rich !...exactly what do stock traders contribute to Society ?... come on guys, jump out a window like you are supposed to... leave the rioting to those that Are Society...
Donald Trump : The Chinese are manipulating their currency
Donald Trump on FOX and Friends
Donald Trump : The Chinese are getting away with murder . Brian Kilmeade interviews THE Donald re: gas prices, China and a possible 2012 presidential run.The Chinese are manipulating their currency it is impossible to compete with them says Donald Trump who will probably run for presidency in 2012 ....OPEC and China are getting away with murder...they are destroying America...Silver is the metal of The next Decade says Eric Sprott
THE FED IS THE ENEMY AND SILVER IS OUR REFUGE : Benjamin Frankin Explains
the shortage is going to drive up the price. Silver makes such a great gift and people look at you and say Is this real silver? History will be made this week one way or another, but can the current course of the United States of America really be changed at all? Get your paper money OUT pf the bank and OUT of the stock market. Get anything you can that has REAL value. Metals, food, protection, anything to barter ... anything with REAL value ... not worthless paper. Look up the history of Argentina.
the shortage is going to drive up the price. Silver makes such a great gift and people look at you and say Is this real silver? I say yea its the purest around and don't sell it till I tell you. That will be worth 500 dollars soon. Then they become silver invest er/gaters too.It always makes me happy to read about folks who doing well and ignoring all the nonsense "FED" to us by the government and media puppets. We are both silver investors beginning this year.
It's exciting to think about the potential of a truly free market silver! As we chat a "RICO" case is pending. The damn is going to burst at some point, imho. Thanks to those who shared the truth!!!!!
Scrap Gold Essentials
Essential Tools for a Scrap Gold Business
Basic tools of the trade for your scrap gold business. Subscribe at the link above for the complete school program.Guns are dangerous because you don't reveal it until there is a threat. you should also carry the cash in a bag labeled receipts, or something else besides cash.
They tell us higher interest rates is strong for the fiat dollars - The Silver Log (01.20.2011)
This looks like a good time to hit the coin shop!n.I looked at at apmex.com today and they were buying 2011 silver eagles for $29.22. eBay has 2011 silver eagles with bids for over $40 and some at the $45 level.
I think the physical is already divorcing itself from the paper.
Bought another roll of silver eagles when it hit $27.44.
I think the physical is already divorcing itself from the paper.
Bought another roll of silver eagles when it hit $27.44.
Metal Market Outlook : Gold, Silver, Copper, Platinum & Palladium
Metal Market Outlook ( Gold, Silver, Copper, Platinum & Palladium) Lind-Waldock Strategist Phil Streible discusses the gold and silver markets.
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