Silver price which more than doubled in the last 12 months (that's four times faster than Gold which was up by 25% ) climbing to its most expensive level versus gold since 1983.Silver is catching Gold up quite fast becoming the new Gold , Silver as a precious metal like gold is used as a hedge against the weakness of the dollar it is also the most widely used precious metal in industry , there is also the China factor which has become recently a net importer of silver , political uncertainty in the world largest silver produced Peru may add further impitus in the near term to silver prices
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Tuesday, April 5, 2011
Monday, April 4, 2011
Bob Chapman on Gonob Radio 04 Apr 2011
Bob Chapman on Gonob Radio 04 Apr 2011
Bob Chapman : Ghaddafi of libya was planning to start destributing the oil revenues directly to the population that's probably one of the reasons he was attacked by NATO who do not want this to happen
Bob Chapman : Ghaddafi of libya was planning to start destributing the oil revenues directly to the population that's probably one of the reasons he was attacked by NATO who do not want this to happen
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Gonob Radio
Gold and Silver will head higher despite any upcoming rate hikes
Gold and Silver will head higher despite any upcoming rate hikes
Today gold climbing higher and silver at 30 years high again , this indicates that perhaps we are over bought in the metals says Phil Streible, senior market strategist at Lind-Waldock, anything above $38 , $39 level on silver is going to be overbought , gold prices look like a possibility of double top in $1440 area so there is a potential of a pullback on a short term over bought basis but long term it still looks pretty great , in order to see any changes in the long term we need to have fundamental changes , the technicals look very solid , but unless the FED comes out and starts to indicate that it is going to raise rates there is no stopping this market from going higher , we are higher today despite that ECB announced it is raising interest rates , Phil does not think that any interest hikes are going to stop the market at all
Today gold climbing higher and silver at 30 years high again , this indicates that perhaps we are over bought in the metals says Phil Streible, senior market strategist at Lind-Waldock, anything above $38 , $39 level on silver is going to be overbought , gold prices look like a possibility of double top in $1440 area so there is a potential of a pullback on a short term over bought basis but long term it still looks pretty great , in order to see any changes in the long term we need to have fundamental changes , the technicals look very solid , but unless the FED comes out and starts to indicate that it is going to raise rates there is no stopping this market from going higher , we are higher today despite that ECB announced it is raising interest rates , Phil does not think that any interest hikes are going to stop the market at all
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Interest Rates Hikes
Silver price above $38 again today
Silver price above $38 again today
I think were already starting to see some shortages and delivery delays, as the economic downtrend continues and more people start seeking safe-haven investments like precious Metals -we will definitely see Silver supplies drying up quickly. in 1979-80 when Silver peaked around $50.00 (present day value would be $175.00 per ounce) there were lines outside coin shops with people wanting to buy as much $50.00 per ounce Silver as they could -and there was 100 times more Physical then!The Mint has been selling record amounts of Silver Eagles these first two months of 2011 and APMEX is the Largest buyer of Silver eagles in the Country, the premiums on Silver Eagles are still Very High in the secondary market, but when the next leg up in Silver starts, these will also disappear rapidly - Im not a Financial Expert, but I believe the Market will decide the price of Silver and Gold, yes it can fluctuate in Fiat Currency value, but, unlike paper IOU's, Gold and Silver have withstood the test of time -they have kept their value through Wars, Hyperinflation, Depression, Government Instability, Market Crashes, ETC. NO Fiat currency has survived over the long term. Thanks for your comments. Keep on stackin
I think were already starting to see some shortages and delivery delays, as the economic downtrend continues and more people start seeking safe-haven investments like precious Metals -we will definitely see Silver supplies drying up quickly. in 1979-80 when Silver peaked around $50.00 (present day value would be $175.00 per ounce) there were lines outside coin shops with people wanting to buy as much $50.00 per ounce Silver as they could -and there was 100 times more Physical then!The Mint has been selling record amounts of Silver Eagles these first two months of 2011 and APMEX is the Largest buyer of Silver eagles in the Country, the premiums on Silver Eagles are still Very High in the secondary market, but when the next leg up in Silver starts, these will also disappear rapidly - Im not a Financial Expert, but I believe the Market will decide the price of Silver and Gold, yes it can fluctuate in Fiat Currency value, but, unlike paper IOU's, Gold and Silver have withstood the test of time -they have kept their value through Wars, Hyperinflation, Depression, Government Instability, Market Crashes, ETC. NO Fiat currency has survived over the long term. Thanks for your comments. Keep on stackin
Robert Kiyosaki : Investing Is not Risky
How To Get Ahead Financially by Robert Kiyosaki "The Cash Flow Quadrant", ...if you want to be a professional investor you have to understand that markets go up and down says Rich Dad Robert Kiyosaki , Investing is not risky , being financially not sophisticated not educated and taking advise from people who also believe investing is risky is the riskiest part of investing and that what makes the Rich dad company different
You can ask for loans to buy investments, and make the investments pay the monthly fee. That's what Rich Dad calls "Other People's money". Of course, there's always the down payment. Otherwise, monthly payments can kill your cash flow.
Money can be used in doing good. Practically, we use it in daily life like buying food, clothes, etc. What is prohibited is the LOVE OF MONEY.
You can ask for loans to buy investments, and make the investments pay the monthly fee. That's what Rich Dad calls "Other People's money". Of course, there's always the down payment. Otherwise, monthly payments can kill your cash flow.
Money can be used in doing good. Practically, we use it in daily life like buying food, clothes, etc. What is prohibited is the LOVE OF MONEY.
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Investing Is not Risky
Gold and Silver to Soar says Hans Goetti
Gold and silver will soar as long as central banks continue to expand their liquidity programs QE1 and QE2 .Hans Goetti, believes that it is likely that we are going to get QE3 when QE2 will expire by the middle of the year , we all know that QE2 was essentially the reason why the stock market rose from august until now in basically one straight line he says we also know that commodity prices went up sharply gasoline prices went up sharply and so on and if QE2 ends who is going to buy all these treasury bonds who is going support the stock market , what probably could happen we could see a stock market pull back and possibly a pressure to do something , we could see a renewed weakness in the economy by the end of the year he explains ....Hans Goetti is bullish on gold and continues to be bullish on gold as long as the banks continue to expand their liquidity at the rate they are doing , currency debasement is topic number one when it comes to precious metals inflationary pressures are the result gold will go much higher and silver probably even more
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Hans Goetti
Sunday, April 3, 2011
Japan Effect On Silver
Japanese are the largest per-capita holders of precious metals.After the Japanese disaster the price of precious metals dropped , because after any turmoil of any sort liquidity becomes a necessity so the global market went to liquidity this created margin calls where investors with profit in metals sold to cover the margin requirement on their stock positions , people also bartered with gold and silver and platinum to get what they needed where necessities were scares and people were desperate ....in other words they cashed in some of their physical insurance gold silver and platinum how does all the above affect the bullion market ? this is a common indicator of an upward market momentum
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Japan
Kiyosaki Robert and Mike Maloney - Silver vs. Paper Currency
Robert Kiyosaki, along with friend, and author of the Rich Dad Advisor Book, Guide to Investing in Gold and Silver, Mike Maloney, explains why gold and silver are vital investments for today's economy.Gold is primarily there to STORE your wealth and protect you from inflation.If it rises compared to paper money, consider it an extra.The US Fed QE2 stimulus will end and the artificial inflation of the world stock markets will collapse not long after
Gold as of now should match the amount of dollars in circulation like maloney says, but the fed could decrease the money supply. Dont think it cant happen. If the currency is on the verge of collapse, they will do it to save the central bank just like the depression of the 30's. either way, i think gold outperforms but dont get so cocky on gold 15,000. You never know what these politicians will do. If obama loses in 4 years, gold will tank.Silver's intrinsic value extends from the fact that it protects your accumulated wealth, is a highly accepted medium of exchange and it`s real money at every step of the way. In the existing situation it's going to be a profitable move to hold silver bullion since it can lead you through periods of currency inflation, volatility, and financial downturns.
Gold as of now should match the amount of dollars in circulation like maloney says, but the fed could decrease the money supply. Dont think it cant happen. If the currency is on the verge of collapse, they will do it to save the central bank just like the depression of the 30's. either way, i think gold outperforms but dont get so cocky on gold 15,000. You never know what these politicians will do. If obama loses in 4 years, gold will tank.Silver's intrinsic value extends from the fact that it protects your accumulated wealth, is a highly accepted medium of exchange and it`s real money at every step of the way. In the existing situation it's going to be a profitable move to hold silver bullion since it can lead you through periods of currency inflation, volatility, and financial downturns.
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Kiyosaki,
Mike Maloney
Robert Kiyosaki : people go broke because They work for earned income
Robert Kiyosaki : “I want to educate more people. This really is a jobless recovery---that’s why one of the things about the information age is there is a lot of work to be done but fewer jobs. It’s like when you go to a ghetto, there’s a lot of work but no jobs. People have jobs, but they are substandard and they are not paying enough money; so we have to do something to change their perspective and the world is not doing a good job telling people to work hard and save money in your 401k – that’s why they are going broke. They work for earned income; they are over taxed, they invest in earned income and they save money, while the Federal Reserve is printing it like crazy. The reason I came out with my Cash Flow Game is so you could learn, and then teach five other people. Then, you can teach your kids. You've got to play the game about four or five times and your mind will change. You will see a whole new world.”
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Earned Income
Saturday, April 2, 2011
James Turk Upside explosion in Silver Price
THE QE BUBBLE IS GOING TO BURST IN 2011 and the hole house of cards will fall. GAME OVER . Gold is in a 2nd stage of a bull market.the world central banks have never printed so much money before. There is a debt nuclear bomb developing that can only end badly. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.James Turk wrote in 2010 "While gold is moving higher, I am really focused on the $21 level in silver to be hurdled because that's when the upside explosion that we have been talking about is really going to start." so he was 100% spot on
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James Turk
Michael Savage interviews Donald Trump on Libya and Obama
Donald Trump : America is changing rapidly and it's changing fot the worse , and something got to be done about it quickly or we gonna have a whole different place
Donald Trump : we really do not know who the so called rebels are (in Libya) I am hearing they're very closely associated with Iran , I am hearing they are very closely associated with Al Qaeda , I am hearing all sort of things about these people , what are we doing ? because that actually would be a lot worse than Gaddafi if that's the case we are spending all this money we are doing it because the Arab league which is the wealthiest country in the world by the way , told us to do it and we did it we've spent a billion in the last week and half and they've no intention of reimbursing us they just want to get rid of Gaddafi , it looks like Gaddafi is a lot tougher than Obama ...
Donald Trump : we really do not know who the so called rebels are (in Libya) I am hearing they're very closely associated with Iran , I am hearing they are very closely associated with Al Qaeda , I am hearing all sort of things about these people , what are we doing ? because that actually would be a lot worse than Gaddafi if that's the case we are spending all this money we are doing it because the Arab league which is the wealthiest country in the world by the way , told us to do it and we did it we've spent a billion in the last week and half and they've no intention of reimbursing us they just want to get rid of Gaddafi , it looks like Gaddafi is a lot tougher than Obama ...
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Donald Trump,
Michael Savage
Adrian Douglas : Gold $57,000, Silver Even More?
Adrian Douglas speaks about the debasement of the dollar and the rise of the gold price.Adrian Douglas is a member of the Board of Directors for GATA the Gold Anti-Trust Action Committee and editor of the Market Force Analysis Letter he offers his projections for gold and silver prices and discusses collusion at the LBMA. Adrian is very bullish on Silver and he says that he believes that the silver price has a long way to go before we will see any set back .My opinion is that the SLV doesn't have any silver. The SLV is nothing more than a ploy to siphon off demand for physical silver. They don't need physical to accomplish this ,because the game is rigged. SILVER Will explode
Adrian, Murphy & GATA is so spot-on because the Inner Beltway Idiots continue making the wrong decisions, not taking the harsh, bitter medicine necessary to cure the patient If China doesn't buy any more US debt, then no one else will want to either, and if the only buyer of US treasuries is the Fed, then how long can that last?, and if you get such great deflation that you can't roll over your treasury debt, then you default...Gold is an element that is rare, durable, and impossible to counterfeit making it very suitable for currency as well as other metals like platinum and palladium. Fiat currency or the paper that you hold in your wallet is easily created by gov which can destroy its value. Gold is more rare than silver, and mining companies pull 15-16 times more silver out of the ground than gold giving it a ratio of 15:1 to 16:1. That means it takes 15-16 ounces of silver to equal 1 ounce of gold.
Adrian, Murphy & GATA is so spot-on because the Inner Beltway Idiots continue making the wrong decisions, not taking the harsh, bitter medicine necessary to cure the patient If China doesn't buy any more US debt, then no one else will want to either, and if the only buyer of US treasuries is the Fed, then how long can that last?, and if you get such great deflation that you can't roll over your treasury debt, then you default...Gold is an element that is rare, durable, and impossible to counterfeit making it very suitable for currency as well as other metals like platinum and palladium. Fiat currency or the paper that you hold in your wallet is easily created by gov which can destroy its value. Gold is more rare than silver, and mining companies pull 15-16 times more silver out of the ground than gold giving it a ratio of 15:1 to 16:1. That means it takes 15-16 ounces of silver to equal 1 ounce of gold.
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Adrian Douglas
Rick Ackerman Silver Price to stall
Rick Ackerman On the edge with Max Keiser-04-01-2011 talking about the Silver Market ,Rick Ackerman predicts that silver's price will soon be steady. Regarding gold, he says it is still the best investment and as long as the dollar is weak purchasing gold is advised. He believes the dollar will continue to be weak because of the massive amount of dollars in the market , there is no change in the trends that boosted Gold and Silver ,the next shoe to drop will be the dollar , all of the Japan stimulus has been fed into a global inflation because of the Yen carry trade , infinitely borrowable yen at interest Zero has fed into a global inflation , thge money does not necessarily go where the Japanese government intended it to go says Rick Ackerman
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Rick Ackerman
Friday, April 1, 2011
Bill OReilly Interviews Donald Trump Mar 30, 2011
Donald Trump : ...China is taking our jobs they're making our products , we have to do something about it , and we have to do something about it quickly , they are decimating our country just as OPEC is decimating our country with their oil prices , ....
we have to get China not to manipulate their currency , it's very tough for our companies to compete with Chinese companies because very simply they manipulate their currency and when you manipulate the currency like they do , they're professionals at it ...Donald Trump suggests a 25% tax on China unless they behave to start with....
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Donald Trump
Peter Schiff : Silver Is Up For 9 Consecutive Quarters
“Silver prices are rising for the same reasons that oil prices are rising, paper money is losing value” – Peter Schiff in CNBC
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Peter Schiff
China and India demand for gold and silver soaring
China and India are the largest silver marketplaces globally.Demand for gold from India , the world's largest buyer of the precious metal is projected to exceed 1,200 metric tons by 2020, according to the World Gold Council .In 2009, China bought more gold than India, making it the world's top consumer. China pipped South Africa in 2007 as the world's largest gold producer .Chinese demand for silver has quadrupled in 2010 .In 2010, China imported an unprecedented 14 percent of global silver as the demand for silver has been growing in the country. Till last year, China has been historically been a net exporter of silver. China is the largest gold producer but requires so much of the precious metal (in addition to what it already mines) that it imported more than 209 tonnes during the first 10 months of 2010.Since 2003, Beijing has been buying most of the gold excavated and refined locally.Today, China has more than 1,000 tonnes in its official vaults, up 75% in six years. Its gold reserves are now the fifth-largest among national central banks after the US, Germany, France and Italy.Most of the 1.3 billion people in China only began to acquire and own gold in 2003 as gold ownership was banned from 1945 to 2003. The gold market was liberalized in 2003 .The World Gold Council stated that Indian households are presently in possession of more than 18,000 tons of gold, which represents the world's largest stockpile.
Eric Sprott, of Sprott Asset Management, reported having difficulty locating enough silver bullion for his new silver fund said : "Frankly, we are concerned about the illiquidity in the physical silver market. We believe the delays involved in the delivery of physical silver to the Trust highlight the disconnect that exists between the paper and physical markets for silver."
Today the Industrial Silver Demand at 18-year High
The Chinese government is actively encouraging their people to buy physical gold and silver instead of putting their money into real estate.paper silver is not silver, its fiat silver. Properly secured physical silver is real money. Whether its the 90% coins, sterling silverware, or bullion, its all good. silver is becoming rarer than gold, people just don't know it. With its industrial use as a consumed precious metal, it has the potential to surpass gold in value
Gold is not consumed in industry at the same rate silver is because:
1) Silver is better at conducting electricity
2) Silver has a better thermal transfer rate than gold
3) Silver is a better reflector of light than gold.
4) Silver is a better catalyst than gold
Has nothing to do with high price, Gold is a lousy industrial metal. If gold cost less than silver, Silver would still be used in much greater numbers than gold.
. Silver can usually replace gold, gold can not substitute for silver, or it can but causes the product to be inferior.
500 oz of Silver in each Tomahawk Missile !
Did you all know that each Tomahawk missile contains 16 kilograms of silver which is more than five hundred ounces of silver 500 oz. (The Silver is indeed used in thse high tech gears because it is the best electrical and thermal conductor among all metals )? Each Tomahawk costs $1,066,465 and has more than a 500 oz. of silver inside which goes totally destroyed and lost forever when the missile is launched as the silver is blown into million pieces and therefore it is impossible to recover the silver that was inside . Pure silver has the highest electrical and thermal conductivity of all metals known to man. When there is a $1.066 million dollar missile is being produced the military will use only the best materials available to ensure the best performing results . So far, since the start of the war in Libya, 164 Tomahawk missiles lobbed into the Libyan desert therefore they've destroyed three tons of pure silver over there in launched Tomahawks. Gone for good. Got to be good for the future price of silver.
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Tomahawk
James Turk : Silver in Prolonged backwardation
James Turk says that Silver is in a prolonged backwardation , basically silver was in a backwardation since January , a backwardation happens when the spot prices are higher than the Future prices it is a very rare very unusual very bullish situation , normally when a commodity goes into backwardation it lasts just for a short time but Silver was in backwardation since January , even if the price of silver has risen it remained in backwardation which is very very rare says James Turk "my long term forecast for Gold and Silver and this is a forecast that I made in 2003 , it is $8000 Gold and $400 Silver sometime between 2013 and 2015 " he says , sovereign debt is a form of feudalism says James Turk....
I this interview with the french radio host Jovanovic James Turk from Paris gave his prognostication about the Gold and Silver market and answered a range of other questions , he said that he predicts Gold price to hit $1800 before June and Silver $50 in a couple of months , in the video James Turk starts speaking at around 02:11 and he speaks in English with a french translation , so you can watch the video even if you do not understand french , English starts after 2.12, covering gold/silver predictions, JPM, backwardation
I this interview with the french radio host Jovanovic James Turk from Paris gave his prognostication about the Gold and Silver market and answered a range of other questions , he said that he predicts Gold price to hit $1800 before June and Silver $50 in a couple of months , in the video James Turk starts speaking at around 02:11 and he speaks in English with a french translation , so you can watch the video even if you do not understand french , English starts after 2.12, covering gold/silver predictions, JPM, backwardation
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James Turk
James Turk : Gold is not a commodity its money
James Turk in in Madrid 25 Nov 2010 speaking in a conference about What is Gold : Gold is the most misunderstood asset class he says Gold is not an investment it is not volatile in fact it is not even a commodity on the same sense james Turk in another interview with www.mineweb.com called Gold not a commodity but money , James Turk : ....... because gold is not like other commodities. Gold is in fact not a commodity it's money. It's a tangible asset like other commodities but it is in a different asset class within this tangible asset group. Commodities are consumed and they disappear, gold does not get consumed, it doesn't disappear, it continues to be accumulated every year, there's about 1.5% more gold added to the above ground stock of gold - and the reason why gold is accumulated in this way is because it's money and as a consequence it has an interest rate structure that is determined by the market, so gold should be in backwardation even though interest rates don't show it.
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James Turk
Robert Kiyosaki : Mutual Funds are the biggest rip offs going
Robert Kiyosaki : “Even those that write for financial magazines. What they won’t admit is that they have to write for their advertisers. All of these mutual funds that are under indictment right now ask those guys how many of them recommended those mutual funds. All of these so-called Mutual Fund Gurus, where are they today? I have been consistent--unfortunately, mutual funds are the biggest rip offs going. You can do better in real estate. For instance, if I went to the bank and said I would like to borrow eight million dollars on mutual funds, what would they say? But, if I wanted to buy eight millions dollars of real estate, they would at least listen to me. That should tell you something. If I wanted to buy insurance on my real estate, I could buy it, but you can’t buy insurance on Mutual Funds. If I lose a million dollars in the stock market, do you know how much I can write off a year?”
in an interview with Philippe Matthews
in an interview with Philippe Matthews
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Mutual Funds,
Robert Kiyosaki
Thursday, March 31, 2011
Jim Rogers : Silver Bull Market has a long way to go
Famed investor Jim Rogers told CNBC in an interview dated 30 March 2011 that he sees the Silver and Gold bull market has still a long way to go : : ..." I just bought some gold and silver last week , not a lot but just for a variety of reasons , if they go down I am gonna buy more yes , the bull market in Silver has a long way to go ....paper money is being debased all over the world , no paper money is sound , virtually no paper money is sound anymore we're having shortages developing in silver , a lot of speculation ...no the world a lot more inflation a lot more currency debasement , don't sell your silver ..."
DON'T SELL YOUR GOLD AND SILVER, KEEP IT! IN FACT BUY MORE!!!!!!
Did you know that Gold/Silver has been money for 5000 years? Did you that 100 years ago $20 US bought you a suit or one ounce of Gold? Did you know that today one ounce will still buy you a suit, shirt, tie and shoes? But what can you buy with $20 US , Gold and Silver are real money ... paper money is just promises to pay nothing ... a dollar is actually worth about 4 cents and will eventually return to its intrinsic value and the Bankers know it. Its a CON GAME ... Bankers saying there is no Inflation and giggling back at the fed,
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Jim Rogers
Peter Schiff Ultra Bullish on Silver
Economist Peter Schiff of Europac on CNBC 31 March 2011 answering questions about the Silver Supercycle and where he sees the prices of silver going after silver rose 22% in a quarter while gold remained basically stable...Peter Schiff : I have been riding this bull (Silver Bull) since 1999/2000 ...Silver kind of has the best of both Worlds because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop , look at the news you got today , you got higher than expected inflation coming out of Europe , you got the CEO of Walmart basically warning Americans to brace themselves for serious inflation he is looking for cross the board broad based increases starting in June
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Peter Schiff,
Silver
Peter Schiff Silver Super Cycle just started
Peter Schiff : Silver is the best of all world because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop
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Peter Schiff
Donald Trump Obama Birth Certificate could be the Greatest scam in the history of this country
Donald Trump Obama Birth Certificate could be the Greatest scam in the history of this country
Donald Trump insists to see Obama's birth certificate : I do not like the name birther because I Think it is unfair very derogatory to a lot of people who happen to believe that this man (Obama) was not born in this country , by the way if that were true it will be the greatest scam in the history of this country , so I feel that there is certainly a chance that he was not born in this country , now if he was not born in this country that means he cannot be president ! it's very Simple , Arnold Schwarzenegger cannot run for president because he was not born in this country ..there is a huge difference between a birth certificate and a certificate of birth...we have spent a billion dollar in Libya so far fighting for the Arab league , why do not they pay us ? these are the richest countries in the world , , Donald Trump also says that he cannot arm the rebels in Libya cause he wants to know who they are first , they could be Al Qaeda as some rumors say ...
Donald Trump insists to see Obama's birth certificate : I do not like the name birther because I Think it is unfair very derogatory to a lot of people who happen to believe that this man (Obama) was not born in this country , by the way if that were true it will be the greatest scam in the history of this country , so I feel that there is certainly a chance that he was not born in this country , now if he was not born in this country that means he cannot be president ! it's very Simple , Arnold Schwarzenegger cannot run for president because he was not born in this country ..there is a huge difference between a birth certificate and a certificate of birth...we have spent a billion dollar in Libya so far fighting for the Arab league , why do not they pay us ? these are the richest countries in the world , , Donald Trump also says that he cannot arm the rebels in Libya cause he wants to know who they are first , they could be Al Qaeda as some rumors say ...
Jim Cramer : Buy physical Silver
Jim Cramer : ...there is a fabulous article in the Financial Times about th actual demand for physical silver , I think anyone who has to bet against gold and silver has to go and buy some physical gold and silver especially silver , cause you recognize it you go into your gold dealer or silver dealer , the price that you hear in the market is minimums of what people want to pay so you can only imagine how much money you can really make ....""...those who do not deal with the physical really do not understand the real demand for silver whether it is here or in China ..." well here you got it Jim Cramer finally is asking you to buy physical and especially physical SILVER
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Jim Cramer
JAMES TURK : Silver in Prolonged backwardation
I a recent interview with the french radio host Jovanovic James Turk from Paris gave his prognostication about the Gold and Silver market and answered a range of other questions , he said that he predicts Gold price to hit $1800 before June and Silver $50 in a couple of months , in the video James Turk starts speaking at around 02:11 and he speaks in English with a french translation , so you can watch the video even if you do not understand french
James Turk says that Silver is in a prolonged backwardation , basically silver was in a backwardation since January , a backwardatio happens when the spot prices are higher than the Future prices it is a very rare very unusual very bullish situation , normally when a commodity goes into backwardation it lasts just for a short time but Silver was in backwardation since January , even if the price of silver has risen it remained in backwardation which is very very rare says James Turk "my long term forecast for Gold and Silver and this is a forecast that I made in 2003 , it is $8000 Gold and $400 Silver sometime between 2013 and 2015 " he says
James Turk says that Silver is in a prolonged backwardation , basically silver was in a backwardation since January , a backwardatio happens when the spot prices are higher than the Future prices it is a very rare very unusual very bullish situation , normally when a commodity goes into backwardation it lasts just for a short time but Silver was in backwardation since January , even if the price of silver has risen it remained in backwardation which is very very rare says James Turk "my long term forecast for Gold and Silver and this is a forecast that I made in 2003 , it is $8000 Gold and $400 Silver sometime between 2013 and 2015 " he says
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James Turk
Wednesday, March 30, 2011
Mining Stocks vs Physical Gold and Silver - Mike Maloney
Silver mining costs are below those of Gold , Silver is incredibly under valued says Mike Maloney, author of Rich Dad's Guide to Investing in Gold and Silver, predicted $15,000 gold but think silver offers more upside over the long term.“The world is going to rush into gold, but just like at the end of ’79, once it gets too expensive for the common man, which I believe is somewhere between $2,500 and $5,000 an ounce this time, the public changes their preference and they start noticing that silver is still cheap, and they start buying silver. That’s when silver blows the doors off of gold on a percentage basis just like in ’79.”
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.
Mike Maloney explains the difference between investing in physical gold and silver and investing in gold mining stocks , which ones may give better returns , be careful with numismatics and small junior miners
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.
Mike Maloney explains the difference between investing in physical gold and silver and investing in gold mining stocks , which ones may give better returns , be careful with numismatics and small junior miners
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Mining Stocks,
Physical Gold and Silver
Gold and Silver are Money all the rest is paper
The corrupt fiat monetary ship has already hit the ice berg . We are now in panic and wondering if we should put our life jackets on . We really hope that someone will save us all , but do we really buy that? The central banks are printing pieces of paper to try and plug the gaping hole in the hull , but the water is relentless. Meanwhile the ship announcer (media) is telling everyone that help is on the way. Do we really believe this? Its simple , put your life jacket on and get ready.
i vote to go on a silver standard. have only silver banks, no paper money. paper has to backed by silver only. all coins to have 90 percent silver in them We weren't on a classical gold standard during the 1920s. Rothbard: "Over the entire period of the boom, we find that the money supply increased by $28.0 billion, a 61.8 percent increase over the eight-year period. This is an average annual increase of 7.7 percent, a very sizable degree of inflation. Total bank deposits increased by 51.1 percent, savings and loan shares by 224.3 percent, and net life insurance policy reserves by 113.8 percent."
i vote to go on a silver standard. have only silver banks, no paper money. paper has to backed by silver only. all coins to have 90 percent silver in them We weren't on a classical gold standard during the 1920s. Rothbard: "Over the entire period of the boom, we find that the money supply increased by $28.0 billion, a 61.8 percent increase over the eight-year period. This is an average annual increase of 7.7 percent, a very sizable degree of inflation. Total bank deposits increased by 51.1 percent, savings and loan shares by 224.3 percent, and net life insurance policy reserves by 113.8 percent."
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Fiat Money
How can you become Rich
Robert Kiyosaki: "There are many ways in which you can become rich. For example, most people try to get rich by being cheap and the price for that is that you live cheap and there is so much money out there; why would you want to live cheap? People, who live below their means, save for a rainy day - the price is a cheap life. There are a lot of people who have a lot of money; but at the end of the process, they are still cheap; so they have made money their God. They are hoarding their money and the problem with that is Greenspan is printing it faster than they can order it, so their money is going down in value. The price is their life. Even when I was broke, I didn't live cheap."
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become Rich
Financial education is important
Robert Kiyosaki : “Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.
Gold a safe haven and a better option to invest in times of crisis
Gold Prices reached their highest levels in 35 years
Investors describe gold as a safe haven investment and less risky where they can pour their liquidity, in light of sharp fluctuations that characterize the movement of the financial markets and global crisis, and the impact of political unrest and natural disasters that swept several areas in the world today.
Gold prices are high to a point they did not reach in the last 35 years , after the spot price of an ounce reaches 1420 dollars at the moment , it is a golden opportunity for investors who want to preserve their money in clear and transparent investment .
According to the forecasts of some international analysts an ounce of gold will be worth $ 1700 by the end of 2011. The weakness of the US Dollar , the European debt crisis and possible bailout for Portugal and the rising inflation are factors that may boost the price of Gold to very high levels some experts say $5000 , $10000 or even $80 000 , , Gold has always been considered as real money , buying it and holding it was and is always the best way to preserve the wealth in a time of uncertainty and fluctuations.....
Investors describe gold as a safe haven investment and less risky where they can pour their liquidity, in light of sharp fluctuations that characterize the movement of the financial markets and global crisis, and the impact of political unrest and natural disasters that swept several areas in the world today.
Gold prices are high to a point they did not reach in the last 35 years , after the spot price of an ounce reaches 1420 dollars at the moment , it is a golden opportunity for investors who want to preserve their money in clear and transparent investment .
According to the forecasts of some international analysts an ounce of gold will be worth $ 1700 by the end of 2011. The weakness of the US Dollar , the European debt crisis and possible bailout for Portugal and the rising inflation are factors that may boost the price of Gold to very high levels some experts say $5000 , $10000 or even $80 000 , , Gold has always been considered as real money , buying it and holding it was and is always the best way to preserve the wealth in a time of uncertainty and fluctuations.....
Max Keiser Silver Liberation Army
Max Keiser showing you can protect your earnings by investing in gold and silver, so it does not hurt as bad as the politicians and central bankers smash the value of their currencies, hurting ordinary savers.Are you going to join Max Keiser in his Silver Keiser' Liberation Army .The silver train is leaving the station! Do NOT get left behind!Silver is extremely undervalued, but if you have enough capital to buy and sell large quantities you can take those profits and invest them in other assets so that you are not singularly exposed. Silver is so cheap that just about anyone can buy it and eventually accumulate enough for a substantial nest egg.
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Max Keiser
Tuesday, March 29, 2011
Extreme concentration in COMEX gold and COMEX silver market
2 US banks hold 96% of COMEX commercial net short position
If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Gold leasing and gold paper short positions are fraudulent empty IOU's (nothing) fiat paper "positions", this "paper" speculation is completely disconnected from the the real value of physical gold (and silver) bullion.
Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Stick to owning physical gold and silver bullion and let the music stop. silver is still a better choice to own than paper money.The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.Peace
If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Gold leasing and gold paper short positions are fraudulent empty IOU's (nothing) fiat paper "positions", this "paper" speculation is completely disconnected from the the real value of physical gold (and silver) bullion.
Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Stick to owning physical gold and silver bullion and let the music stop. silver is still a better choice to own than paper money.The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.Peace
Gold at $1,500 in the next 3 months !
Gold at $1,500 in the next 3 months. says Dominic Schnider, Head of Commodity Research at UBS Wealth Management among the reasons he give are the weakness of the dollar the European debt problems and the possible bailout of Portugal
Eric Sprott : Silver $100 per oz,
Eric Sprott of Sprott asset management talked about silver, silver stocks, silver bullion shortage...in his recent interviews he called silver "The investment of the next decade" what the bankers have been doing with the gold (some dealers oversold 100 TIMES on paper) maybe happening with silver too it looks very likely they may get unstuck but as always its the people who be left with useless "Certificates" n the bankers declaring some kind of bankruptcy meaning either they'll be bailed out or declared the bank bankrupt while they be rolling in Billions they stolen from other people who tried to safeguard what little they had
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Eric Sprott
Gold on a Bearish Signal ?
The fact that gold price made a new high and came off the same day and set lower was quite bearish says analyst Mihir Dange of Arbitrage , right now he is playing the market from neutral to short aspect , selling small taking some profit off the table , we have to definitely go beyond $1450 in order to renew bull interest , the information on the European debt crisis and the probable bankruptcy of Portugal did not play the catalyst they it should have for the price of Gold so far... Gold had a significant run up until here ...but the momentum is no dying , many experts sees gold reaching at least $1500 by the end of this year...
Are The Mining Stocks Safe Paper Assets ?
There are practically two schools of thought right now in one camp you have guys like Pastor Lindsey Williams who practically say get out of paper assets you cannot trust you need to get into physical assets like bullion gold and silver , the mining shares also being paper assets cannot be trusted as they may turn to be worth the paper they were written on , the second school of thought with reknown investors like John Embry and Eric Sprott who are saying you should take advantage of the silver and gold price rally by taking advantage of the leverage only available only to mining companies and mining shares ...
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Mining Stocks
Donald Trump on The Gold Rally
Donald Trump : Gold will continue to go up as long as people do not have confidence in our president and our country , and they do not have confidence in our president , you look at what happens with healthcare , I have friends who want to close down their businesses on this new healthcare or as we call it Obamacare , so if you look at what's going on with costs and with healthcare and with a lot of other things gold is going to go up because they do not have confidence in the president and they do not have confidence in the country , they do not have confidence in our negotiators ...
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Gold
Monday, March 28, 2011
Donald Trump on The Obama Birth Certificate Issue
Is Donald Trump Inquiry about Obama's Birth Certificate racist or not ?
Donald Trump : let him show his birth certificate he said last week , he either has a birth certificate or he does not , I do not think it is such a big deal , but I will tell you it is turning out being a very big deal because people now are calling me from all over saying please do not give up in this issue , if you are not born in this country you cannot be president so ...why can't he produce a birth certificate , he could be born in another country ...his family dos not know what hospital he was born in , there are no doctors or nurses who remember him !
Donald Trump : let him show his birth certificate he said last week , he either has a birth certificate or he does not , I do not think it is such a big deal , but I will tell you it is turning out being a very big deal because people now are calling me from all over saying please do not give up in this issue , if you are not born in this country you cannot be president so ...why can't he produce a birth certificate , he could be born in another country ...his family dos not know what hospital he was born in , there are no doctors or nurses who remember him !
Silver Price is holding at $37 range
Silver the Gold's baby brother could soon be worth as much as Gold ? according to some analysts in the recent 12 month period the price of silver increased by more than 100% while gold increased only 27% many experts believe that silver is just getting started ,3 articles by David Zurbuchen. "The World's Cumulative Gold and Silver Production," "The Silver Deficit," and "The Real Silver Deficit."
In these articles, Mr. Zurbuchen presents the numbers behind the claim that there is less Ag above ground than Au. However, he ultimately arrives at the rarety ratio of 1 to 5.78. Based upon this information there is 5.78 times as much usable Ag above ground as Au. So, $1400 Au should equal $242/oz Ag. Be smart buy silver now if you can find it !
In these articles, Mr. Zurbuchen presents the numbers behind the claim that there is less Ag above ground than Au. However, he ultimately arrives at the rarety ratio of 1 to 5.78. Based upon this information there is 5.78 times as much usable Ag above ground as Au. So, $1400 Au should equal $242/oz Ag. Be smart buy silver now if you can find it !
Gold and Silver Selloff
There is a big Selloff today in the Gold and Silver's market a lot of profit taking in this case a defensive approach is advised , gold price could go back as low as $1385 says analyst Phil Streible , this correction is a great occasion to buy more gold and silver a golden occasion that may not repeat itself before the summer when experts expect the Gold to go as high as $1500
Sunday, March 27, 2011
James Turk : Gold should be in backwardation even though interest rates don't show it.
In a recent interview with www.mineweb.com James Turk said that Gold is not just another commodity : JAMES TURK : No definitely not - because gold is not like other commodities. Gold is in fact not a commodity it's money. It's a tangible asset like other commodities but it is in a different asset class within this tangible asset group. Commodities are consumed and they disappear, gold does not get consumed, it doesn't disappear, it continues to be accumulated every year, there's about 1.5% more gold added to the above ground stock of gold - and the reason why gold is accumulated in this way is because it's money and as a consequence it has an interest rate structure that is determined by the market, so gold should be in backwardation even though interest rates don't show it.
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James Turk
The case for $750 Silver - The Dow / Gold Ratio
Silver will surpass a 16-1 Gold ration. It will probably be 1-1 Gold ratio considering Silver is rarer than Gold. the FED is buying 70% of the treasuries. Cash is going to crash , and metals to the moon. Hi ho silver My estimate was 666, i've been studying markets for 10 years now
Guess what gold to silver ratio 15 to 1
Gold $10k Silver $666 , If for instance you put $10,000 in the bank for a year at 6% you make $600 in 1 year which is probarbly less than inflation so you are loosing money in relation to spending power. However, if you put it in to silver for 1 year and it goes up 30%- 50% you make far far more than inflation and are actually improving your finacial position in relation to everyone else who keeps fiat. If silver goes up 1000% your position will be drastically improved in relation to fiat holders.The m1 money supply in late 1970s was $370 MMM. The money supply today is $1872 MMM or a 5:1 ratio
I read the other day that at the current price the entire silver market is only worth around $36 Billion. Well, look at how many billionaires existed in the late 70's and early 80's compared to today and think about how easy it would be for a few of them to start buying it all up. It would make those old Hunt Brothers highs look like pennies on the dollar.
As much as China is buying, and all the short positions,..I can see that. What about JP Morgan Chase getting a COMEX vault license to take delivery on silver
Guess what gold to silver ratio 15 to 1
Gold $10k Silver $666 , If for instance you put $10,000 in the bank for a year at 6% you make $600 in 1 year which is probarbly less than inflation so you are loosing money in relation to spending power. However, if you put it in to silver for 1 year and it goes up 30%- 50% you make far far more than inflation and are actually improving your finacial position in relation to everyone else who keeps fiat. If silver goes up 1000% your position will be drastically improved in relation to fiat holders.The m1 money supply in late 1970s was $370 MMM. The money supply today is $1872 MMM or a 5:1 ratio
I read the other day that at the current price the entire silver market is only worth around $36 Billion. Well, look at how many billionaires existed in the late 70's and early 80's compared to today and think about how easy it would be for a few of them to start buying it all up. It would make those old Hunt Brothers highs look like pennies on the dollar.
As much as China is buying, and all the short positions,..I can see that. What about JP Morgan Chase getting a COMEX vault license to take delivery on silver
Saturday, March 26, 2011
$60/oz SILVER in the short term says Bob Chapman
Bob Chapman the international forecaster is talking $50 to $60 SILVER in the short term , he says this is BIG , get your now while you still can !Coin will be the new king... abandon your paper, soon the only thing you can do with it will be to wipe your behind
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default They have defaulted and to cover their ass-ets they opened their own vault granted by the CFTC in just 17 days, a process that takes months. We are talking about JP Morgan.each time they raise the margins, the prices recover quicker and quicker. Pretty soon, it won't matter how much or how many times they raise margins.
It seams the US constitution means nothing in regards to $ as it dose not allow a fiat currency, yet that is what the US has had since 1971, is that not correct ?
Then the US forced the rest of the world to go to fiat currency to trade.
What good is a constitution in the US if the people just sit back & allow this & more ? From an outsiders perspective there have been so many unconstitutional laws &private corporate implementations established in the US
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default They have defaulted and to cover their ass-ets they opened their own vault granted by the CFTC in just 17 days, a process that takes months. We are talking about JP Morgan.each time they raise the margins, the prices recover quicker and quicker. Pretty soon, it won't matter how much or how many times they raise margins.
It seams the US constitution means nothing in regards to $ as it dose not allow a fiat currency, yet that is what the US has had since 1971, is that not correct ?
Then the US forced the rest of the world to go to fiat currency to trade.
What good is a constitution in the US if the people just sit back & allow this & more ? From an outsiders perspective there have been so many unconstitutional laws &private corporate implementations established in the US
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Bob Chapman
Bob Chapman : Silver $60 /oz short term
Bob Chapman : ...Every two weeks I buy Silver and I do not care what the price is
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default
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Bob Chapman
GFMS 2011 surveys gold and silver
One thousand trillion is equal to one quadrillion. In terms of money, this can't even exist. They play with the money number to set people off to thinking... how much is that? Bernanke ... is taking us down the path of economic collapse... QE1 the banks hoarded all that FIAT paper...QE2 ... has had little effect....and now there even suggesting QE3....who is ready to go mine for Gold and Silver???
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GFMS 2011 surveys
Donald Trump I want to see Obama Birth Certificate
Donald Trump CEO of trump Organization : I assume he (Obama) was born in the United States , I assume he was probably born in Hawaii , but I have to get rid of the word assume because somebody who wants to run for president you have to be born in his country , when the family argues about which hospital as has been reported by the media and then you do not have a birth certificate , it's a sort of a strange situation...Donald Trump says
James Turk - Silver Backwardation Near All-Time Record
James Turk - Silver Backwardation Near All-Time Record , James Turk & Chris Waltzek - February 23, 2011
SIlver up 13% in the last month. Beats hell out of the 0.1% interest rate I was getting in the bank before I made my own little bank run.
If the Chinese are buying silver so should we! Buy silver it's a steal at the current prices. Look at historical charts, in 2000 it was $4.02 a troy & now its over $37, that means $10000 invested in 2000 would now equate to $90,000! buy silver instead of a new car!
SIlver up 13% in the last month. Beats hell out of the 0.1% interest rate I was getting in the bank before I made my own little bank run.
If the Chinese are buying silver so should we! Buy silver it's a steal at the current prices. Look at historical charts, in 2000 it was $4.02 a troy & now its over $37, that means $10000 invested in 2000 would now equate to $90,000! buy silver instead of a new car!
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James Turk,
Silver Backwardation
Friday, March 25, 2011
Peter Schiff : Gold To Reach $5,000+/oz in the next ten years
Peter Schiff : I think the Gold is heading higher , the problem is not just the money that is in motion it's the printing presses , as long as we are doing Quantitative Easing the dollar is gonna lose value , in fact you mentioned what's keeping the Euro afloat . it is because you are measuring it against the dollar , and as weak as the Euro is the US Dollar is even weaker , we have hit today a record low against the Aussie Dollar....for the Gold to hit $5000 from here what is a triple , well Gold has more than tripled in the last ten years says Peter Schiff in fact i believe that gold will increase its rate of ascent in the next ten years versus the previous ten...
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Peter Schiff
Gold posted a new High of $1448.60 before falling on thursday
Gold posted a new High of $1448.60 before falling on Thursday , another big rally in metals , large amounts of physical metal moving from the middle east and north Africa towards Malaysia apparently the dictators in north Africa are trying to get their assets in a form that won't be locked up by freezing accounts but will be in a friendly country that is Malaysia , the general mood toward precious metals is still bullish
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