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Tuesday, April 12, 2011
Obama Birth Certificate ~ Donald Trump Not Backing Down!!!!!
Donald Trump : ..The fact is we have not seen his birth certificate he i assume e I hope has a birth certificate I am sure you do I know I do it has been a great controversy over this period of time ,....when somebody mentions that he does not have a birth certificate they label these people the worst way possible like they are not so smart just to be nice about it ...I am a really smart guy I want to see his birth certificate , nobody has been able to give me a birth certificate , members of his family are disputing which hospital he was born in ! it all important for one reason and you know what the reason is : if you are not born in this country you cannot be a president , Arnold Schwarzenneger wanted to run for president and he is a good guy he can't do it because he was not born in this country , so there is something very strange going on .....
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Obama Birth Certificate
Silver Wheaton CEO the Bull run in precious metals to continue because people have lost faith in paper currencies
Silver Wheaton 's CEO the Bull run in precious metals to continue because people have lost faith in paper currencies
Randy Smallwood, CEO of Silver Wheaton, the world's largest reseller of silver, : " whether we talk about the price of silver, a lot of people are talking about this as being a bull market in precious metals. i think it's a bear market in paper currencies. we all know about sovereign debt issues and such. i see continued strength in commodities and specifically precious metals as a store of value , I don't think that's changing I do not see any thing that has changed , you know we were talking about a bit of a set back in couple of days I haven't seen anything that is changing on the other side of the equation i.e. I wish we had more faith in paper currencies "
Randy Smallwood, CEO of Silver Wheaton, the world's largest reseller of silver, : " whether we talk about the price of silver, a lot of people are talking about this as being a bull market in precious metals. i think it's a bear market in paper currencies. we all know about sovereign debt issues and such. i see continued strength in commodities and specifically precious metals as a store of value , I don't think that's changing I do not see any thing that has changed , you know we were talking about a bit of a set back in couple of days I haven't seen anything that is changing on the other side of the equation i.e. I wish we had more faith in paper currencies "
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Silver Wheaton
David Morgan : raw gold shortage in China
David Morgan on raw gold shortage in China interviewed by kitco news
David Morgan who has spend some time in China says that the Chinese people are mostly accumulating paper gold not physical this is quite surprising , China is now considered the world's largest producer of gold.But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times.CHINA GOLD IMPORTS JUMP! 500% China had plans to increase its gold holding in its foreign exchange reserves. China wants to get its 3,000 tons of gold off the market, so as to not drive the price up.gold sales in China is not slowing down. On the contrary, it is surging Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.
David Morgan who has spend some time in China says that the Chinese people are mostly accumulating paper gold not physical this is quite surprising , China is now considered the world's largest producer of gold.But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times.CHINA GOLD IMPORTS JUMP! 500% China had plans to increase its gold holding in its foreign exchange reserves. China wants to get its 3,000 tons of gold off the market, so as to not drive the price up.gold sales in China is not slowing down. On the contrary, it is surging Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.
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David Morgan
Monday, April 11, 2011
Gold and Silver Will Correct Further says Phil Streible
Phil Streible, senior market strategist at Lind-Waldock, says that $1,500 gold and $45 silver are still possibilities but that both metals will correct further
gold silver ratio start to rise again on that has been. Sorry about that severely bad it -- down you know that while the 34 range power -- culture that thirty day we should be dead. Debt spread chart and -- it yeah. On golden copper prices and very far away from both major moving averages and if it is moving average gold on -- in no way I would even worse that -- at 34 dollars so I think the default all quite quickly.
Silver Breaks the $40 Dollars Mark !
Economist Peter Schiff says that the government is taxing us through Inflation , , Inflation is the most sneaky way of taxation , your money is losing value by the minute while the FED keeps on printing more US dollars and expanding the monetary mass , silver and gold is really money it always keeps its value because the governments cannot print gold or silver out of thin air as they do with paper money , you should put all your savings in precious metals before you lose it all , and rop the dollar
Silver price doubled in the last 12 months
Silver prices at 31-year high , silver hit a new 31-year peak Tuesday as investors' desire for safe havens trumped news of a Chinese interest rate increase. the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.according to some experts like James Turk and Eric Sprott , the silver bull rally just started and we are going to see an explosion in the silver market in the coming months and years , this is the decade of the silver Eric Sprott calls it ,this is the biggest investment opportunity in human history says Mike Maloney
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Silver
Silver and Gold Investment Outlook
Silver is the most historically volatile metal it has been benefiting from the surge in industrial demand due to the small recovery in the economy , but also as a precious metal it has been benefiting from the weakness of the dollar and the fear of inflation amongst investors and the lack of confidence in Fiat currencies , "The precious metals have been benefiting greatly from the weakness of the dollar and the whole diversification away from currencies," says Stewart Richardson, CIO at RMG Wealth Management However, he believes that silver is overvalued relative to gold.
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Silver and Gold Investment
Max Keiser : Silver Skyrocketing, JP Morgan Getting Crushed
Max Keiser : Silver Skyrocketing, JP Morgan Getting Crushed
Film-maker, broadcaster and former broker and options trader Max Keiser talks about the financial situation in the middle east and how it's all controlled by the Global Banking Cartel.Max Keiser is one of the best sources of information out there in the media telling people the truth about economic issues. & JP Morgan is a big manipulator of the precious metals market specifically silver.SLV is a manipulation mechanism: JPMorguan is "trustee" custodian. They say all the silver is really there in the vault, but trusting the notorious naked silver short banksters with all that silver is kind of like letting the fox guard the hen house. Fox says: "All the hens are good." (in his stomach). YT user: endless mountain made a video on March 1, 2011: Chart shows SLV consistently goes down during trading in the west, but smart Asians buy up REAL SILVER at night! Manipulation Exposed!
Film-maker, broadcaster and former broker and options trader Max Keiser talks about the financial situation in the middle east and how it's all controlled by the Global Banking Cartel.Max Keiser is one of the best sources of information out there in the media telling people the truth about economic issues. & JP Morgan is a big manipulator of the precious metals market specifically silver.SLV is a manipulation mechanism: JPMorguan is "trustee" custodian. They say all the silver is really there in the vault, but trusting the notorious naked silver short banksters with all that silver is kind of like letting the fox guard the hen house. Fox says: "All the hens are good." (in his stomach). YT user: endless mountain made a video on March 1, 2011: Chart shows SLV consistently goes down during trading in the west, but smart Asians buy up REAL SILVER at night! Manipulation Exposed!
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Max Keiser
Sunday, April 10, 2011
Donald Trump : I am only interested in Libya if we keep the oil
Donald Trump : I am only interested in Libya if we keep the oil
Donald Trump : well this is very serious I mean I always take things seriousely but I have never taken it seriousely like this , this is a very serious time in my life I hate what's happening to the country , I wish I didn't have to do it , I wish this country was running so great and I wish Obama was the greatest president since Abraham Lincoln and I wish this was the greatest place in the world , what we are doing is unbelievable if you look what's going on where our jobs are disappearing to foreign countries where the oil , you going to be paying $7 or $8 dollars a gallon for your oil very soon " ..."it's been a terrible presidency look at Libya , we o in , we do not want to remove Gaddafi but we going to go fight and we gonna do this ...now nobody knows what's happening , it looks like Gaddafi is going to beat the United States ?!?! ..I am only interested in Libya if we keep the oil , if we do not keep the oil I am not interested ..., I do not know who the rebels are , you know they make the rebels look like some romantic beautiful novel , they're rebels , I hear the rebels are Al Qaeda , I hear they are Iran backed and Iran influenced , where they were getting those weapons before we came along ? from Iran , Gaddafi is going to go around saying he won the war against this country when you asked me what I would do : I am only interested in Libya if we get the Oil .."
I am not convinced that he has one , I have had very smart people telling me Donald stay in the China issue stay in the Saudi Arabia issue stay in the India taking our jobs and the Mexico which is NAFTA which is get off the birth certificate issue , three weeks ago when I started I thought that he was probably born in this country and now I really have a much bigger doubt than I did before , his grand mother in Kenya says he was born in Kenya and she was there and witnessed the birth , he does not have a birth certificate or he has not shown it he has what's called a certificate of life birth that is something that is easy to get , when you want a birth certificate very much harder to get ....it is not equivalent , a birth certificate is not even close a certificate of life birth is not even signed by anybody , I saw his I read it very carefully it does not have a serial number it does not have a signature , I am starting to think that he was not born here .....he spent 2 million dollars trying to get away from this issue and if he wasn't lying why would not he just solve it and I wish he would , because if he does not it is one of the greatest scams in the history of politics and in History period...you are not allowed to be president if you are not born in this country , he may not have been born in this country and I tell you what three weeks ago I thought he was born in this country right now I have some serious doubts , I have people that have been studying it and they cannot believe what they have been finding , I would like to have him show his birth certificate and can I be honest with you , I hope he can because if he can't and if he wasn't born in this country which is a real possibility I am not saying it happened I am saying it is a real possibility much greater than I thought two or three weeks ago then he has pulled one of the greatest cons in the history of Politics ..."
Donald Trump : well this is very serious I mean I always take things seriousely but I have never taken it seriousely like this , this is a very serious time in my life I hate what's happening to the country , I wish I didn't have to do it , I wish this country was running so great and I wish Obama was the greatest president since Abraham Lincoln and I wish this was the greatest place in the world , what we are doing is unbelievable if you look what's going on where our jobs are disappearing to foreign countries where the oil , you going to be paying $7 or $8 dollars a gallon for your oil very soon " ..."it's been a terrible presidency look at Libya , we o in , we do not want to remove Gaddafi but we going to go fight and we gonna do this ...now nobody knows what's happening , it looks like Gaddafi is going to beat the United States ?!?! ..I am only interested in Libya if we keep the oil , if we do not keep the oil I am not interested ..., I do not know who the rebels are , you know they make the rebels look like some romantic beautiful novel , they're rebels , I hear the rebels are Al Qaeda , I hear they are Iran backed and Iran influenced , where they were getting those weapons before we came along ? from Iran , Gaddafi is going to go around saying he won the war against this country when you asked me what I would do : I am only interested in Libya if we get the Oil .."
I am not convinced that he has one , I have had very smart people telling me Donald stay in the China issue stay in the Saudi Arabia issue stay in the India taking our jobs and the Mexico which is NAFTA which is get off the birth certificate issue , three weeks ago when I started I thought that he was probably born in this country and now I really have a much bigger doubt than I did before , his grand mother in Kenya says he was born in Kenya and she was there and witnessed the birth , he does not have a birth certificate or he has not shown it he has what's called a certificate of life birth that is something that is easy to get , when you want a birth certificate very much harder to get ....it is not equivalent , a birth certificate is not even close a certificate of life birth is not even signed by anybody , I saw his I read it very carefully it does not have a serial number it does not have a signature , I am starting to think that he was not born here .....he spent 2 million dollars trying to get away from this issue and if he wasn't lying why would not he just solve it and I wish he would , because if he does not it is one of the greatest scams in the history of politics and in History period...you are not allowed to be president if you are not born in this country , he may not have been born in this country and I tell you what three weeks ago I thought he was born in this country right now I have some serious doubts , I have people that have been studying it and they cannot believe what they have been finding , I would like to have him show his birth certificate and can I be honest with you , I hope he can because if he can't and if he wasn't born in this country which is a real possibility I am not saying it happened I am saying it is a real possibility much greater than I thought two or three weeks ago then he has pulled one of the greatest cons in the history of Politics ..."
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Donald Trump 2012
Donald Trump : I would be very happy if Obama produced a Birth Certificate
Donald Trump : Birthers Got Labeled Negatively , I would be very happy if Obama produced a Birth Certificate
Donald Trump : I am not convinced that he has one , I have had very smart people telling me Donald stay in the China issue stay in the Saudi Arabia issue stay in the India taking our jobs and the Mexico which is NAFTA which is get off the birth certificate issue , three weeks ago when I started I thought that he was probably born in this country and now I really have a much bigger doubt than I did before , his grand mother in Kenya says he was born in Kenya and she was there and witnessed the birth , he does not have a birth certificate or he has not shown it he has what's called a certificate of life birth that is something that is easy to get , when you want a birth certificate very much harder to get ....it is not equivalent , a birth certificate is not even close a certificate of life birth is not even signed by anybody , I saw his I read it very carefully it does not have a serial number it does not have a signature , I am starting to think that he was not born here .....he spent 2 million dollars trying to get away from this issue and if he wasn't lying why would not he just solve it and I wish he would , because if he does not it is one of the greatest scams in the history of politics and in History period...you are not allowed to be president if you are not born in this country , he may not have been born in this country and I tell you what three weeks ago I thought he was born in this country right now I have some serious doubts , I have people that have been studying it and they cannot believe what they have been finding , I would like to have him show his birth certificate and can I be honest with you , I hope he can because if he can't and if he wasn't born in this country which is a real possibility I am not saying it happened I am saying it is a real possibility much greater than I thought two or three weeks ago then he has pulled one of the greatest cons in the history of Politics ..."
Donald Trump : I am not convinced that he has one , I have had very smart people telling me Donald stay in the China issue stay in the Saudi Arabia issue stay in the India taking our jobs and the Mexico which is NAFTA which is get off the birth certificate issue , three weeks ago when I started I thought that he was probably born in this country and now I really have a much bigger doubt than I did before , his grand mother in Kenya says he was born in Kenya and she was there and witnessed the birth , he does not have a birth certificate or he has not shown it he has what's called a certificate of life birth that is something that is easy to get , when you want a birth certificate very much harder to get ....it is not equivalent , a birth certificate is not even close a certificate of life birth is not even signed by anybody , I saw his I read it very carefully it does not have a serial number it does not have a signature , I am starting to think that he was not born here .....he spent 2 million dollars trying to get away from this issue and if he wasn't lying why would not he just solve it and I wish he would , because if he does not it is one of the greatest scams in the history of politics and in History period...you are not allowed to be president if you are not born in this country , he may not have been born in this country and I tell you what three weeks ago I thought he was born in this country right now I have some serious doubts , I have people that have been studying it and they cannot believe what they have been finding , I would like to have him show his birth certificate and can I be honest with you , I hope he can because if he can't and if he wasn't born in this country which is a real possibility I am not saying it happened I am saying it is a real possibility much greater than I thought two or three weeks ago then he has pulled one of the greatest cons in the history of Politics ..."
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Donald Trump,
Obama Birth Certificate
Physical Silver getting harder to find delayed
Silver is more rare than Gold The Sprotts Expect Silver to Keep on Sizzlin ,its more rare we've used all that we have mined and we use more silver in everyday production, yet they try to say don't buy silver .Silver will become a "national security issue" (Planes,Helicopters,Tomahawk Missiles etc. all require a fair amount of silver). If you look at complete amount of silver and Gold including what's in the ground you have 14.5 billion ounces of silver and 8.6 billion ounces of Gold. Most of that silver is not mined but silver as we speak should be at least 600-800 and ounce. That's not even taking into consideration that in 10 years there will be less silver (In and above ground) than gold if you go by the National debt clock. If you go by the USGS Silver will be extinct .
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Physical Silver Shortage
Andy Gause on the Jeff Rense Show
Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
*European crisis manufactured to strengthen the dollar?
*When will U.S. produce needed jobs?
*What is the real story from Jackson Hole meeting?
*How to protect retirement accounts from USG takeover?
*Will gold and silver retreat before moving on?
*Why are Obama's bosses totally confused, or are they?
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
*European crisis manufactured to strengthen the dollar?
*When will U.S. produce needed jobs?
*What is the real story from Jackson Hole meeting?
*How to protect retirement accounts from USG takeover?
*Will gold and silver retreat before moving on?
*Why are Obama's bosses totally confused, or are they?
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Andy Gause
Robert Kiyosaki : why I dont have a 401k
Rich Dad Robert Kiyosaki explains the difference between an earned income and a passive income and why you should not own a 401K , Robert Kiyosaki : “When you put your money in a 401k, it’s earned income when you pull it back out. It goes in as portfolio, but comes out as earned; so it’s the most highly taxed income there is. That’s why I don’t have a 401k, I want as little earned income as possible, but I want as much passive as possible because it pays less tax. I can pay zero tax on passive; fifteen percent on portfolio and earned income I would be in the fifty percent tax bracket. The harder you work for money, the more you are taxed, the harder your money works, the less it is taxed; which is why the 401k is so deceptive.” in a recent interview with the Philippe Matthews Show
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401K
James Turk : Why gold is money
James Turk opines on the current gold market.gold and silver is super undervalued. We went off the gold standard in 1971 to go to the oil standard.Kissinger made a deal with the Middle East, we would buy their oil if they would buy our treasuries. There was one main caveat...world oil must be purchased in DOLLARS only. That's why America did it....to save the DOLLAR by attaching it to OIL.Go on Ben Bernanke .print, print, print! There is NO WAY mathematically the US can repay its debt. The hard maths dictate that aside from outright default, the US has no alternative but to continue the Ponzi scheme. 'Crouch and cover'. we are being taxed up to our eyeballs:Accounts Receivable Tax Building Permit Tax Capital Gains Tax CDL License Tax Cigarette Tax Corporate Income Tax Court Fines (indirect taxes) Dog License Tax Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Hunting License Tax Inheritance Tax Interest Expense (tax on the money) Inventory Tax I School Tax Septic Permit Tax Service Charge Taxes Social Security Tax
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James Turk
Gold is The only Money says Michael Ruppert
Gold is The only Money says Michael Ruppert , it has alays been since 6000 years ago and people will always turn to gold when the SHTF
gold is money based on the price of crude oil from 1950 to 2010.Money retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy.The US only has about 260 million ounces of gold.
At today's price, that only covers about $260B of debt.
The US national debt is more than $5T foreign debt, $5T domestic debt.
Thus the 260M oz of gold has to be spread over 5T or 10T not 260B.
Thus gold is worth much more than a few thousand dollars.
Going to the gold standard would be a massive transfer of wealth to gold holders and impoverish dollar holders.Nixon took the US off of Bretton Woods to save the last third, which is easy to see would be in the range of 250 million ounces.
Greenspan testified to Congress that the US does not trade in gold anymore.it's time for people to consider who they are as people and what they value as Americans.
It's time for people to stop identifying themselves by a political party.
it's time for people to prioritize and decide what is most important in their lives
the time to support Ron Pall has passed, and protecting Schiff would be like trolling the internet.
economically, farmers and those who know how to farm will be better off than everyone else.
The USD will soon be the new peso! OLÉ!
gold is money based on the price of crude oil from 1950 to 2010.Money retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy.The US only has about 260 million ounces of gold.
At today's price, that only covers about $260B of debt.
The US national debt is more than $5T foreign debt, $5T domestic debt.
Thus the 260M oz of gold has to be spread over 5T or 10T not 260B.
Thus gold is worth much more than a few thousand dollars.
Going to the gold standard would be a massive transfer of wealth to gold holders and impoverish dollar holders.Nixon took the US off of Bretton Woods to save the last third, which is easy to see would be in the range of 250 million ounces.
Greenspan testified to Congress that the US does not trade in gold anymore.it's time for people to consider who they are as people and what they value as Americans.
It's time for people to stop identifying themselves by a political party.
it's time for people to prioritize and decide what is most important in their lives
the time to support Ron Pall has passed, and protecting Schiff would be like trolling the internet.
economically, farmers and those who know how to farm will be better off than everyone else.
The USD will soon be the new peso! OLÉ!
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Michael Ruppert
Saturday, April 9, 2011
Marc Faber : Gold is not in a bubble
Marc Faber : " ...In Gold and Silver Terms the dow jones over the last ten years has already lost over more than 80% of its value. and yesterday, my friend frank holmes was on cnbc, and i don't know remember if it was you or somebody else, but the two interviews were kind of ridiculing him, telling him that gold was a bubble and so forth. i just came now from a conference. there were over 200 people here in Singapore. i asked the audiences, fund managers, you would imagine that they are intelligent. i asked them who of you has personally more than 5% of their assets in gold. not one person lifted their hand. not one. if it were a bubble, a lot of people would have gold. the whole world would be trading gold 24 hours a day. but i don't think it's really a bubble. i think maybe gold is cheaper today than it was in 1999 when it was at $252. "
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Gold,
Marc Faber
Lindsey Williams The Gold and Silver Bull Run just started
Lindsey Williams The Silver Bull Run just started
Lindsey Williams who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis reveals new bombshell information . In 2009, Williams talked about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. If you think that Gold and silver are expensive now , you have not seen anything yet says Lindsey Williams , gold and silver are the currency of the elite and anything on a paper (fiat money bonds stocks ) is worth the paper it is written on . Gold production is decreasing due to few great Gold mine discoveries. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
Lindsey Williams who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis reveals new bombshell information . In 2009, Williams talked about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. If you think that Gold and silver are expensive now , you have not seen anything yet says Lindsey Williams , gold and silver are the currency of the elite and anything on a paper (fiat money bonds stocks ) is worth the paper it is written on . Gold production is decreasing due to few great Gold mine discoveries. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
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Lindsey Williams
Donald Trump 2012 White House Race Underway
Donal Trump Trump corporation chairman and ceo, .:"... we're not respected by any stretch of the imagination. you just look. i was watching your show and i see oil prices where they're predicting $175 a barrel. if that happens , and by the way, it's happening because of OPEC. the only problem, i don't hear your guests talking about OPEC. they talk about all sorts of reasons for the oil going up. And I watched somebody yesterday who was saying there's so much oil we don't know what to do with it but it keeps going up despite tremendous supply. and there's only one reason. it's called OPEC. and nobody ever mentioned OPEC, " "... Well they're flirting with anybody that they'll flirt with. we have tremendous power over these people. we've protected them. they wouldn't be there if it wasn't for us. you look at what happened with Iraq where Iran is already making moves to take over Iraq as soon as we leave and take over those oil fields. you look at the way this country is run. we're a laughingstock throughout the world. i see that and i say it and i do the today show and i say it. and all of a sudden polls come out and it has me doing very well and I'm not that surprised because people in this country are smart and they don't want to be ripped off. you look at OPEC, you look at china. and you talk about this all the time, Larry. they manipulate their currencies. it's very, very hard for our companies to compete because of the manipulation of their currency. but beyond that, they take our jobs, they take our money and then they loan it back to us and we pay them interest. it's unbelievable."
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Donald Trump 2012
Friday, April 8, 2011
David Morgan On The Gold and Silver Rally
David Morgan : ..."I think that we've got more upside for a few more weeks. I think the sooner or later we gonna need a breather a back in and filling as we say in the trade. Nothing goes to the moon straight up forever. I do believe that I am right when I wrote several years ago that silver when it was under 5 will go to a 100 dollars an ounce I am still looking for triple digits not in 2011 . I said we'll 40 in 2011 we are there today , are we going higher this year ? probably will , are we gonna see 50 this year I am not sure "
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David Morgan
Eric Sprott : Silver is The Investment of this decade
Silver is very difficult sourcing says Eric Sprott while explaining why backwardation is Bullish , the Chinese have become net importer of silver US Mint sells more silver bullion than it sells in gold bullion Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade
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Eric Sprott
Silver $40.75 , Gold $1475 , and a Possible Government Shutdown
Silver $40.75 , Gold $1475 , and a Possible Government Shutdown
Silver is a form of exchange, we're seeing money managers looking at silver really as a form of money. it's more attractive at $40 an ounce than gold. if we move to something on the lines of a barter economy, using silver coins and using silver at the $40 an ounce mark is a lot cheaper than buying gold.more hoarding in the silver story is driven primarily by the overall safe haven attributes of precious metals , we have seen more hoarding in silver recently than gold in fact the money that's accumulating is outstripping the annual production and more people are competing to acquire the bullion and kind of ignoring the fact that 40% of the production goes to industrial uses , since the '80s we've seen an average gold to silver ratio of about 63 times. that's fallen below 40 recently.Silver is still a smoking deal even at 440 as says Robert Kiyodaki , Silver is real money , how long will people be conned in believing that paper money is something that has any value in it
Silver is a form of exchange, we're seeing money managers looking at silver really as a form of money. it's more attractive at $40 an ounce than gold. if we move to something on the lines of a barter economy, using silver coins and using silver at the $40 an ounce mark is a lot cheaper than buying gold.more hoarding in the silver story is driven primarily by the overall safe haven attributes of precious metals , we have seen more hoarding in silver recently than gold in fact the money that's accumulating is outstripping the annual production and more people are competing to acquire the bullion and kind of ignoring the fact that 40% of the production goes to industrial uses , since the '80s we've seen an average gold to silver ratio of about 63 times. that's fallen below 40 recently.Silver is still a smoking deal even at 440 as says Robert Kiyodaki , Silver is real money , how long will people be conned in believing that paper money is something that has any value in it
Marc Faber : In Gold and Silver Terms the Dow Jones over the last ten years has already lost over more than 80% of its value
Marc Faber " ...In Gold and Silver Terms the Dow Jones over the last ten years has already lost over more than 80% of its value. and yesterday, my friend frank holmes was on cnbc, and i don't know remember if it was you or somebody else, but the two interviews were kind of ridiculing him, telling him that gold was a bubble and so forth. i just came now from a conference. there were over 200 people here in Singapore. i asked the audiences, fund managers, you would imagine that they are intelligent. i asked them who of you has personally more than 5% of their assets in gold. not one person lifted their hand. not one. if it were a bubble, a lot of people would have gold. the whole world would be trading gold 24 hours a day. but i don't think it's really a bubble. i think maybe gold is cheaper today than it was in 1999 when it was at $252. "
Labels:
Marc Faber
Which Silver ETFs are better ?
Why would you buy silver at this level? Silver is still a smoking deal even at 440 as says Robert Kiyodaki , Silver is real money , how long will people be conned in believing that paper money is something that has any value in it . Silver a form of exchange, we're seeing money managers looking at silver really as a form of money. it's more attractive at $40 an ounce than gold. if we move to something on the lines of a barter economy, using silver coins and using silver at the $40 an houns mark is a lot cheaper than buying gold.more hoarding in the silver story is driven primarily by the overall safe haven attributes of precious metals , we have seen more hoarding in silver recently than gold in fact the money that's accumulating is outstripping the annual production and more people are competing to acquire the bullion and kind of ignoring the fact that 40% of the production goes to industrial uses , since the '80s we've seen an average gold to silver ratio of about 63 times. that's fallen below 40 recently.
Labels:
Silver ETFs
Gold jumps to a new record and Silver crosses $40/oz
Futures rise, following global markets higher. Gold jumps to a new record and silver crosses $40/ounce Jay Taylor, president of Taylor Hard Money Advisors says that all the signals now are that we are going to have an easy monetary policy from every corner of the earth and as long as we Quantitative Easings then we have a rally in Gold and Silver , The inflation is much higher than what policymakers claim in the U.S., and prices will continue to rise.savers are being punished it is a road to disaster the keynesian way of stimulating consumption without savings
Silver Bullion Demand Exploding
Bullion Dealer Sees Skyrocketing Silver Demand .Siver been in backwardation over the last several months because of this squeeze in silver on the physical side it's that the curve flatten out a little bit right now and it appears that things are loosening up but it's still not where it normally yes. Now put -- I that's that's a great question because right now what we're seeing is that. Across America the individual investor the fifty million portfolios -- that's a 100000 more. Those people are just becoming aware of precious metals as a part of their good balanced up allocated portfolio.
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Silver Bullion Demand
Thursday, April 7, 2011
Robert Kiyosaki stocks are for losers
Robert Kiyosaki with Peter Schiff - 04-07-2011
Robert Kiyosaki : You have to understand the Tax Flow , The tax flow punishes employees , I am not against employees but the taxes the IRS same as doctors and lawyers , doctors and lawyers pay the highest tax rats in America , there are two types of taxes in the investment world the capital gains and the cash flow in the accounting world that's called portfolio income which is capital gain which is also passive income if you have passive income and you invest in real estate you have massive tax right offs , so the way I strategize my life starting in 1973 was that my rich dad told me you have to take real course and I said why , he said you have to learn to manage debt and second I had to learn how to sell to be a good enterpreneur so today in my business I am not a small business owner I have large holdings I make so much money but each time I make money I have to buy a another piece of real estate large building apartment , I just was in San Antonio picked up another 1100 unit apartment from the Bank , Robert Kiyosaki stocks are for losers it's gambling I KNOW PEOPLE MAKE A LOT OF MONEY IN IT BUT THAT'S NOT MY GAME ....
Labels:
Peter Schiff
Mike Maloney ; The Central Banks net Buyers of Gold
The fact that The Central Banks have become since 2010 net Buyers of Gold is a very bullish signal , this is an enormous shift a game changer in the greatest bull market in the history says Mike Maloney , this not counting that Iran and China are buying gold with hand fests under the table....
Mike Maloney The Central Banks all around the world have become in recent years net buyers Gold and this does not include several countries like Iran and China who have been buying under the table and nobody has the official numbers because they do not report them to the World Bank and the IMF (Why Would they anyways ? LOL ) this practically means that the dollar is toast says Mike Maloney this is the big game changer this is the greast bull market in history
Mike Maloney The Central Banks all around the world have become in recent years net buyers Gold and this does not include several countries like Iran and China who have been buying under the table and nobody has the official numbers because they do not report them to the World Bank and the IMF (Why Would they anyways ? LOL ) this practically means that the dollar is toast says Mike Maloney this is the big game changer this is the greast bull market in history
Labels:
Mike Maloney
Donald Trump - Obama Birth Certificate - The Greatest Scam in the history of Politics
Donald Trump : I am not convinced that he has one , I have had very smart people telling me Donald stay in the China issue stay in the Saudi Arabia issue stay in the India taking our jobs and the Mexico which is NAFTA which is get off the birth certificate issue , three weeks ago when I started I thought that he was probably born in this country and now I really have a much bigger doubt than I did before , his grand mother in Kenya says he was born in Kenya and she was there and witnessed the birth , he does not have a birth certificate or he has not shown it he has what's called a certificate of life birth that is something that is easy to get , when you want a birth certificate very much harder to get ....it is not equivalent , a birth certificate is not even close a certificate of life birth is not even signed by anybody , I saw his I read it very carefully it does not have a serial number it does not have a signature , I am starting to think that he was not born here .....he spent 2 million dollars trying to get away from this issue and if he wasn't lying why would not he just solve it and I wish he would , because if he does not it is one of the greatest scams in the history of politics and in History period...you are not allowed to be president if you are not born in this country , he may not have been born in this country and I tell you what three weeks ago I thought he was born in this country right now I have some serious doubts , I have people that have been studying it and they cannot believe what they have been finding , I would like to have him show his birth certificate and can I be honest with you , I hope he can because if he can't and if he wasn't born in this country which is a real possibility I am not saying it happened I am saying it is a real possibility much greater than I thought two or three weeks ago then he has pulled one of the greatest cons in the history of Politics ..."
Labels:
Donald Trump,
Obama Birth Certificate
Eric Sprott : Silver Bull run just started
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade
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Eric Sprott,
Silver Bull run
Gold still underowned compared to 1968
Gold hits a new all-time record high silver is at a 31-year high
Gold hits a new all-time record high silver is at a 31-year high silver is at a 31-year high, up an astonishing 116% over the past year. investors are flocking into gold and silver for a variety of reasons whether it's geopolitical instability war in Libya because of political issues or financial issues, whether it's expanding monetary masses all over the world and the debasement of the Fiat currencies with hypereasy monetary policy,governments running the printing press, inflation creeping into the system, whether you believe the Mayan calendar, 2012 next year, the sum of all those fears is being incorporated into the price of gold and silver. as investors run from currency to currency and find no refuge, they continue to come back to gold and silver, making new records silver is at a 31-year high, gold at all time record high. Gold should be around around $2,300 if we adjust it to inflation .silver has been a monetary metal redeemable for money throughout American history until the last 40 or 50 years. we were on a gold standard and a silver standard. so silver is the same inflation hedges as gold . there is also the industrial component to silver, it's undervalued relative to gold for the past year or so. it's finally catching up. but, it still has plenty of room to go. they're talking 40, 50 dollars an ounce soon. if we went back in constant dollars the price of gold would have to hit $2400 bucks to equal where it was in 1980. so, are we going to go over $2,000 in gold , as a percentage of global financial assets, gold peaked out at about 6% in 1968. it's under 1% right now. so it is underowned despite the furious way that people have been accumulating it over the last few years says Jon Najarian. we'd see a much higher price out of silver because of short squeezes , there's no doubt at all that it was the Ben Bernanke speech that triggered the last run-up in gold , . there can't be any question that was the one event on the horizon. he said there's no inflation problem. commodity prices have nearly doubled in some cases over the last year, and see no evil, speak no evil at the FED says we've got no problem. people are so poor they're willing to work cheap, housing prices are falling. so you have certain aspects of deflation which keep the aggregate CPI down. but that's not relevant. the rest of the world knows there's inflation. if Bernanke can't see it, run the hedges.
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Gold underowned
Gold Prices could Double over the next 5 years says Frank Holmes,
Frank Holmes, CEO & CIO of U.S. Global Investors says Gold is currently under owned and has the potential to soar even higher due to faster growth in money supply Gold could double in price in the next 5 years " just look at the gold as a component of the financial assets around the world since year 2000 it actually shrunk , and you are seeing much faster growth in money supply and other financial asset cl;asses than you are seeing gold coming in the market place , you see more money flow into other financial assets than you actually seeing in Gold " Frank Holmes explains Gold is under owned and under loved , Gold is a love trade Warren Buffett does not anyone he loves to give Gold to ...LOL....
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Frank Holmes
JP Morgan selling Silver they do not have
Silver Liberation Army with Max Keiser
Max Keiser : for every ounce of silver that somebody buys JP Morgan sells 20 to 50 ounces of silver that does not exist it's called naked short selling , that's the bottom line they are selling silver that does not exist , by some estimates they are 3 billion ounces short that's more than a billion of the entire silver stock above ground , the short sold more stocks than exist above ground on the floor everyday manipulating the price , for every ounce of silver JP Morgan tries to sell 10 ounces of silver as a naked short sell , silver that they do not own but at the end of the month the books have to be squared the COMEX has to physically deliver , now with the Silver liberation Army we are going to put JP Morgan six feet under says Max Keiser by taking possession of the remaining physical silver , The Silver Liberation Army a global army of physical buyers says Max
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JP Morgan,
Max Keiser
Wednesday, April 6, 2011
Gold Bull Run has a long way to go
Weak supply in the Gold market added to strong demand , you will always get volatile prices , plus two serious global events in the middle east and in Japan which have added to the uncertainty of the market and helped in boosting the Gold prices . Gold prices could hit $1500 this year and $2000 in one to two years, Owen Hegarty, Vice Chairman of G-Resources Group says "Most people are upbeat about commodities, demand is very strong all the way across all commodities across the world generally speaking and supply is very weak,"Gold is the perfect metal all the demand factors are strong at the moment it is the right phase of the moon so to speak for Gold it's a commodity is a currency it's a safe haven it's a store of value it is a hedge against inflation it is all of that yet on the supply side you are not seeing central banks selling in that market you're not seeing a big uplift in the output of gold on a worldwide basis Owen Hegarty explains
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Gold Bull Run,
Owen Hegarty
Bob Chapman Silver price will explode
Bob Chapman explains why the price of silver in the long term can only go up and what happens when the banks manipulating their short positions can no longer continue."the price of silver hits a new high everyday " says the International Forecaster Bob Chapman "gold and silver have been suppressed for years he explains since august of 1988 when the president of the United States signed an executive order saying that the FED and the treasury and the New York could manipulate the market and they have been doing that ever since and they picked on gold and silver , so gold and silver have been suppressed since then and this suppression is coming unglued sort to speak says Bob Chapman ,not only that but the government inherited a very large naked short position in silver , shorting means you gonna bet something is going to go down , naked means there is no collateralization in other words you do not have silver on hand to deliver if somebody demands it , this giant naked shorting position which manifested itself in JP Morgan Chase and HSBC they can't cover their shorts there is not enough silver for them to make delivery as well so they keep on creating derivative contracts options futures which are delaying the final problem and that is pushing the price up , right now JPM is off-site probably close to 60 billion dollars , HSBC probably 20 billion and that's a lot of money ....if we can get silver up to $50 , $60 /oz they are gonna have to default now when that happens it will affect the COMEX the LBMA in London the options the derivatives and as a result it will also anybody or any entity that is using those instruments to be in the market papee market as opposed to physical , if trading in paper stops the whole house comes tumbling down the result will be the end of paper market at least temporarily in silver perhaps in gold as well , silver price will explode as a result ....
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Bob Chapman,
Silver
Robert Kiyosaki : Financial Education is Essential
Robert Kiyosaki book signing
Robert Kiyosaki book signing for his new book Unfair advantage : Unfair advantage is about what schools never teach you about money ...the kids go to school in order to get a degree and get a job , they end up being in debt and can't find a job , "I am pretty much pro education just do not like school , but I want to have a choice of what I learn " says Robert kiyosaki
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Financial Education,
Robert Kiyosaki
Lindsey Williams Gold going to $3000 and Silver to $300 /oz
Pastor Lindsey Williams who have insiders amongst the elite who pass him pieces of intel about what they are planning to do in the future especially regarding the prices of commodities such as Oil Gold and Silver , he was proven to be right in the past , Lindsey Williams says that gold and silver are the money of the elite , , the elite are planning to crash the dollar before the end of 2012 , by then gold will be at $3000 and silver at $300 an ounce , do not you dare sell your gold and silver says Williams if you think they are expensive now you have not seen anything yet , the elite are planning to introduce a new world currency and they want it backed by gold and silver , hold on to your gold and silver folks , Lindsey Williams has been proven right in the passt especially his forecasts for the price of crude oil...
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Lindsey Williams
Max Keiser : The Silver Liberation Army
Max Keiser : for every ounce of silver that somebody buys JP Morgan sells 20 to 50 ounces of silver that does not exist it's called naked short selling , that's the bottom line they are selling silver that does not exist , by some estimates they are 3 billion ounces short that's more than a billion of the entire silver stock above ground , the short sold more stocks than exist above ground on the floor everyday manipulating the price , for every ounce of silver JP Morgan tries to sell 10 ounces of silver as a naked short sell , silver that they do not own but at the end of the month the books have to be squared the COMEX has to physically deliver , now with the Silver liberation Army we are going to put JP Morgan six feet under says Max Keiser by taking possession of the remaining physical silver , The Silver Liberation Army a global army of physical buyers says Max ...I like that LOl...
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Max Keiser,
The Silver Liberation Army
Silver Not in a Bubble
Silver is not in a bubble Ready to Burst as some on Wall Street think
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
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Bubble
Gold Hits Record High on geopolitical concerns and rising inflation
Again today Gold hits another all time high record of $1457 an ounce $16 more than the previous high set on march 24th , the causes of this hike are geopolitical concerns the weakness of the dollar and the rising inflation , the public in these cases always looks for a safe haven where to protect their assets gold is becoming more attractive people are literally flocking to gold.
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Gold price
Eric Sprott on CNBC - silver to shine - 05 April 2011
Eric Sprott on CNBC - silver to shine after it hits US$39 per ounce
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade ....keep on stacking folks !
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade ....keep on stacking folks !
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Eric Sprott
Web bots on the Silver Rally
Mr. High of Webbbots sees silver going as high as $500 an ounce from June 20th. this year however the Webbots first started predicting silver surpassing gold eventually but in the near future the number they predicted was $600 USD.... and now we have several silver experts calling for $500 silver... so $600 silver is seeming more possible.. at least to me and my reasoning MAX KEISER CALLING $500 AN OUNCE, BOB CHAPMAN CALLING $400 AN OUNCE COMING Marc Faber speak: QE 1 till 18 ,I do think the them ! Many,many ,many, Paper ,take Silver and Gold !!!
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Webbot
Gold vs Stocks
Gold is going from one record to the next lately and hitting an all-time high now. the precious metal had an impressive run over the last ten years while the S&P tacked on just 16%, gold is up 464%. Today gold is about 8% higher than the value of the s&p 500.analyst Sam Stovall does not believe the gold is over valued matter of fact he believes that there is a longer term price appreciation ahead and he sets $1,800 as a chief target on the long term ,Gold Fundamentals still strong and a brighter future lays ahead
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Gold vs Stocks
Tuesday, April 5, 2011
Gold hits a New Record $1452/oz
05 April: New Record in NY 1452 an ounce record high also in London in 1449.30
Gold : New Record in NY 1452 an ounce gold hits a new record on international markets. In New York bullion for delivery in June was quoted at $ 1,452 an ounce , while that with immediate delivery in London rose to $ 1,449.30 an ounce.
Gold : New Record in NY 1452 an ounce gold hits a new record on international markets. In New York bullion for delivery in June was quoted at $ 1,452 an ounce , while that with immediate delivery in London rose to $ 1,449.30 an ounce.
Gold and Silver Ratio in History
RELATIVE VALUES OF GOLD AND SILVER .
From statements by Pliny it appears that in the Eoman coins the value
of gold to silver was as 5,760 to 336, or as 17| to 1 ; but this was not the
relative value in bullion, which appears to have been as 14^ to 1. This
ratio \iid not long continue. About 189 B. C. the Komans coincided with
the Greeks in estimating the value of gold compared with silver as 10
tol.
Upon Caeser's return to Eome with the spoils of war, gold became so
abundant that its value, compared with silver, feU to the ratio of 750 to
100, or 7J to 1. This, however, was a transient depression in the value
of gold, for, in the time of Claudius, about a century later, the value of
gold had advanced so that its ratio to silver became as 12J to 1. This
ratio appears to have been preserved through the reigns of l^ero and
Galba, and during the interval between Galba and Alexander Severus,
or more than 150 years.
Under Constantine the Great the value of gold had receded, as com-
pared with silver, to the ratio of 10 J to 1 ; but 60 years after Constantine
the value had increased to 14f to 1.
In a statement by Herodotus of the revenues of Darius, the son of
Hystaspes, he proceeds upon the supposition that the value of gold to
silver was as 13 to 1. It is supposed that the value of gold did not long
continue to be so high in Greece, for Plato, 50 years after Herodotus,
asserted the ratio to be as 12 to 1. Gold had at that time a lower value
in Persia than in Greece. The ratio in Persia appears to have been as
llf to 1.
Gold afterwards became so plentiful in Greece that its value was esti-
mated, compared with silver, as 10 to 1. This was about 341 years
B. C. It is supposed that the value of gold, compared with silver, con-
tinued to be as 10 to 1 for 170 years after the death of Alexander.
When guineas were first coined in 1663 the value of fine gold, com-
pared with that of fine silver, was rated in the English mipt at 14ff^ to
1. Guineas were then coined as 20 shilling pieces, but were afterwards
made current as 21 shilling pieces. In 1805 the relative value of fine
gold to fine silver was as 15 ^y//^ to 1, and in mints of several other
countries it was rated still higher.
From statements by Pliny it appears that in the Eoman coins the value
of gold to silver was as 5,760 to 336, or as 17| to 1 ; but this was not the
relative value in bullion, which appears to have been as 14^ to 1. This
ratio \iid not long continue. About 189 B. C. the Komans coincided with
the Greeks in estimating the value of gold compared with silver as 10
tol.
Upon Caeser's return to Eome with the spoils of war, gold became so
abundant that its value, compared with silver, feU to the ratio of 750 to
100, or 7J to 1. This, however, was a transient depression in the value
of gold, for, in the time of Claudius, about a century later, the value of
gold had advanced so that its ratio to silver became as 12J to 1. This
ratio appears to have been preserved through the reigns of l^ero and
Galba, and during the interval between Galba and Alexander Severus,
or more than 150 years.
Under Constantine the Great the value of gold had receded, as com-
pared with silver, to the ratio of 10 J to 1 ; but 60 years after Constantine
the value had increased to 14f to 1.
In a statement by Herodotus of the revenues of Darius, the son of
Hystaspes, he proceeds upon the supposition that the value of gold to
silver was as 13 to 1. It is supposed that the value of gold did not long
continue to be so high in Greece, for Plato, 50 years after Herodotus,
asserted the ratio to be as 12 to 1. Gold had at that time a lower value
in Persia than in Greece. The ratio in Persia appears to have been as
llf to 1.
Gold afterwards became so plentiful in Greece that its value was esti-
mated, compared with silver, as 10 to 1. This was about 341 years
B. C. It is supposed that the value of gold, compared with silver, con-
tinued to be as 10 to 1 for 170 years after the death of Alexander.
When guineas were first coined in 1663 the value of fine gold, com-
pared with that of fine silver, was rated in the English mipt at 14ff^ to
1. Guineas were then coined as 20 shilling pieces, but were afterwards
made current as 21 shilling pieces. In 1805 the relative value of fine
gold to fine silver was as 15 ^y//^ to 1, and in mints of several other
countries it was rated still higher.
Labels:
Gold and Silver Ratio
No Job No 401k No Savings Robert Kiyosaki
Robert Kiyosaki explains why you should not have a job nor a 401K nor savings in the banks , cause your money will be losing value by the day Inflation will kill your savings you need to HEDGE! “Of the three religions, Christianity, Judaism and Muslim, did you know that they all outlawed interest? It’s against religious tenants to charge interest. Lending money isn’t bad – interest is bad. That is why the richest people on earth are via interests – did you know that? Why do people own banks? Because every dollar you put in there, you can lend out twenty times. That’s why they tell you to save money. It’s called the velocity of money. They tell you to park your money and they move your money. This is a very different philosophical thought pattern. You are getting one percent on your dollar and let’s say they are getting five percent; but they are getting five percent on twenty dollars. Kiss my ring on that one! That is why the rich get richer. Greenspan printed one trillion dollars in 2003, but your savings are less and less. This is why I don’t have a job, nor a 401k; and I don’t have savings.” in an interview with Philippe Matthews Show
Labels:
401K,
Job,
Robert Kiyosaki,
Savings
Silver Explosive Rally
The silver price broke the barrier of $39 today , there is no stopping to this silver rally , the fear of inflation and the weakness of the dollar are likely to boost the silver price even higher in the short term , in the long term the fundamentals are fantastic , experts talk about $50 in this summer and probably $100 an ounce silver next year if not even more ,silver is poor man's gold and as gold becomes expensive for the average investor , many will focus on silver
Silver breaks the $39 barrier
In 1980 when silver was "50 bucks" but the sudden surge was due to market manipulation by the hunt brothers and JP morgan. Silver is the future .Silver is the most used industrial and precious metal. It is a slave to the industry the bankers the day traders. Silver is the poorman's gold there are more poor than rich. The demand for .9999 silver foam for solar power cells is causing a shortage in investment silver.April 2011 will set a new record on silver $55. by 31 April 2011! Go Silver.
Erskine Night
Those politicians who call for the war with Iran should go themselves fight the war or send their kids to fight it , but they do not they want to send other people kids to fight and die for them...Bob Chapman : Get your cash out of the Banks and The Stock Market - we will have Bank Holiday and the Stock market will crash by the end of this year
Silver bullion as Money
Silver in the hands of the people : Summary of the lecture given by Hugo Salinas-Price President of the Mexican Civic Association for Silver in January 2011," How to monetize silver so that it can circulate permanently in parallel with paper and digital money" the last bubble is world's currencies , all currencies in the world are fiat currencies and they are all derivatives of the dollar , which is itself nothing but a piece of paper ,The silver coins will outlast any central bank
The first conditions to menetize one ounce coin silver are :
The coin shall not bear an engraved monetary value.
The Treasury will attribute a quote, a monetary value in pounds to the ounce.
The quote will serve the same function as an engraved value.
when the coin has an engraved value it's condemned to go out of circulation
The last monetary quote given to the ounce by the issuer must not be reducible.
Just as is the condition of present British pound coins and bank notes.
If the quote is allowed to fluctuate in value downward, according to the price of silver, then the ounce will not be currency: it will continue existing as a commodity
Silver money will remain permanently in circulation and will never be at risk of disappearing due to a collapse of the banking system.
The first conditions to menetize one ounce coin silver are :
The coin shall not bear an engraved monetary value.
The Treasury will attribute a quote, a monetary value in pounds to the ounce.
The quote will serve the same function as an engraved value.
when the coin has an engraved value it's condemned to go out of circulation
The last monetary quote given to the ounce by the issuer must not be reducible.
Just as is the condition of present British pound coins and bank notes.
If the quote is allowed to fluctuate in value downward, according to the price of silver, then the ounce will not be currency: it will continue existing as a commodity
Silver money will remain permanently in circulation and will never be at risk of disappearing due to a collapse of the banking system.
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Hugo Salinas-Price
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The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, (241, 207, 076 oz) the US gold holdings are worth approximately $337.67 billion. This massive gold reserve would have to increase 40 times just to cover the dept !! That’s $56,000 a once.