Gold, Silver surge on FED announcing Quantitative Easing 2.5 , the Fed's FOMC announcement today propelled the price of gold and silver further with gold reaching another all time high of $1527 so far , all of us gold and silver hoarders should really thank Mr Ben Bernanke cause anytime he shows his face on national TV with new announcement the gold and silver prises surge , again and again thank you Mr Ben Bernanke....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Wednesday, April 27, 2011
Bob Chapman all the major banks brokerage houses and insurance companies are broke
Bob Chapman - Brent Johnson Freedom Report - 04-20-2011
Bob Chapman The Government shut down should have been done 3 years ago b3ecause from a classical view point the system should be purged of malinvestment and bankruptcy , all the major banks brokerage houses and insurance companies are broke not only here but in western Europe and England as well and so that said that opportunity gone and passed they should do it now , but they're not going to do that they're going top kick the can down the road and they gonna withstand everything as long as they can until they reach the point that they want to pull the plug on everything , ..this whole thing was created deliberately says Bob Chapman of the International Forecaster....James Turk : the silver physical market is very tight
James Turk on Goldseek Radio 26 Apr 2011
the silver physical market is very tight says James Turk of goldmoney.com : I am anticipating a waterfall decline of the dollar in not a very distant future , as we are getting close to June when the FED have to decide whether to stop the Quantitative easing or stop it , but the reality is I do not see how they can stop Quantitative easing says James Turk ,and they are afraid to get off , giving that the politicians in Washington continue to spend like there is no tomorrow that debt got to be financed somewhere and it is going to be financed by the printing press that's very very inflationary , ...the market ios tight it has been tight for quite some time and silver remains in backwardation where the spot month is higher than the futures contracts in December 2015 and that's about a 65 cent backwardation which is very very rare event but it's an indication of how tight the physical market is , what's happening here is that the paper market is becoming less important as a price discovery mechanism , and people are putting more emphasis on the physical market , so when you look at valuing the physical metal you hold do not look at the paper market look at the physical market what thee deals are actually doing and you'll see that actually the market is very very tight ...and you have backwardation concessions in silver these are likely to continue....Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Tuesday, April 26, 2011
James Turk : The Dollar on the path to Fiat currency graveyard
James Turk & Chris Waltzek - Goldseek Radio April 26, 2011
James Turk of goldmoney.com : I am anticipating a waterfall decline of the dollar in not a very distant future , as we are getting close to June when the FED have to decide whether to stop the Quantitative easing or stop it , but the reality is I do not see how they can stop Quantitative easing says James Turk , giving that the politicians in Washington continue to spend like there is no tomorrow that debt got to be financed somewhere and it is going to be financed by the printing press that's very very inflationary , ...the silver remains in backwardation where the spot month is higher than the future contracts in December 2015 and that's about a 65 cent backwardation which is very very rare event but it's an indication of how tight the physical market isRelated ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman John Williams of shadow stats is the best in the business
Bob Chapman on Kerry Lutz - 04-17-2011
Bob Chapman : John Williams of shadow stats is the best in the business when it comes to giving the right figures of inflation which is around 10 percent ...there is a hyperinflation coming if the FED continues its games debasing the dollar , and there is only one place to go and that is Gold and Silver says Bob Chapman of the International Forecaster...
Peter Schiff Silver is Unstoppable
Is there anything that can stop silver's ballistic rise? The precious metal flirted near the $50 mark yesterday. Peter Schiff, of Euro Pacific Capital gives his insight .
Peter Schiff : if you look at the amount of silver in the earth versus gold and I think the ratio there is about 17 to one , I think silver is going to continue to gain on gold as this bull market continues to unfold , I think we have many many years left to go , I ultimately think that you will see a gold / silver ratio below 20 ,right now is more like about 35 , but when this bull market started I think the ratio was about 60 , now I have been buying silver for about ten years when I started buying it it was 5 dollars an ounce at the time gold was about 250 , 260 dollars an ounce both the precious metals have gone up , but silver has gone up more and if i am right and this bull market continues I expect silver to keep outperforming at my metals company I have been recommending people would have two third gold one third silver for long time obviously people that did that right now they might have fifty fifty because silver has gained on gold even though both metals have risen , and the reason that's happening is because Ben Bernanke is debasing the value of the dollar , r i fact central banks all around the world are too loose they are creating too much money and so people all around the world are buying gold and silver as a store of value and I think that that will continue ....
Peter Schiff : if you look at the amount of silver in the earth versus gold and I think the ratio there is about 17 to one , I think silver is going to continue to gain on gold as this bull market continues to unfold , I think we have many many years left to go , I ultimately think that you will see a gold / silver ratio below 20 ,right now is more like about 35 , but when this bull market started I think the ratio was about 60 , now I have been buying silver for about ten years when I started buying it it was 5 dollars an ounce at the time gold was about 250 , 260 dollars an ounce both the precious metals have gone up , but silver has gone up more and if i am right and this bull market continues I expect silver to keep outperforming at my metals company I have been recommending people would have two third gold one third silver for long time obviously people that did that right now they might have fifty fifty because silver has gained on gold even though both metals have risen , and the reason that's happening is because Ben Bernanke is debasing the value of the dollar , r i fact central banks all around the world are too loose they are creating too much money and so people all around the world are buying gold and silver as a store of value and I think that that will continue ....
Rob McEwen, Gold to go to $5,000 an ounce
Today again not only did gold hit another record above $1,500, we're at 1,510 right now. just for the past month gold up nearly 6%. But could this precious metal reach $5,000 an ounce in the next few years as forecasts Rob McEwen, US Gold Corp. CEO ? .
Rob McEwen, is chairman and CEO of u.s. gold, is forecasting gold at $5,000 an ounce in the next three to four years. : " ... we've seen it in the last 110 years happen twice before and this is the third time that gold is a favorite asset relative to equities and other assets. in terms of -- in times of financial stress, you have people going towards the precious metal. " " ... we've had 30 years of credit expansion of the likes we've never seen before in the world. and currencies have been the base and gold is money. it's the ultimate currency. and that's why people are starting to move to it. but you only have about 1% of the financial assets in the world represented by gold right now "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Rob McEwen, is chairman and CEO of u.s. gold, is forecasting gold at $5,000 an ounce in the next three to four years. : " ... we've seen it in the last 110 years happen twice before and this is the third time that gold is a favorite asset relative to equities and other assets. in terms of -- in times of financial stress, you have people going towards the precious metal. " " ... we've had 30 years of credit expansion of the likes we've never seen before in the world. and currencies have been the base and gold is money. it's the ultimate currency. and that's why people are starting to move to it. but you only have about 1% of the financial assets in the world represented by gold right now "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
There is NO Upper Price Limit in Silver
There is NO Upper Price Limit in Silver period....
Our friend w0tm is an engineer he knows silver from inside out concerning its electrical and thermal properties , he is also very invested in silver , silver is the investment of the century as says Mike Maloney you should not miss the train and regret it later on , the train of silver did not even start moving yet , you are still in time to jump in , I PERSONALLY I AM STILL BUYING SILVER CAUSE AT THESE PRICES IT IS A STEAL , AND THERE IS NO UPPER LIMIT FOR SILVER IT IS NOT $50 NOT EVEN $60 , SILVER IS GOING TO GO MUCH MUCH HIGHER , James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you... and remember silver is finite and it is being used up and depleted
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Our friend w0tm is an engineer he knows silver from inside out concerning its electrical and thermal properties , he is also very invested in silver , silver is the investment of the century as says Mike Maloney you should not miss the train and regret it later on , the train of silver did not even start moving yet , you are still in time to jump in , I PERSONALLY I AM STILL BUYING SILVER CAUSE AT THESE PRICES IT IS A STEAL , AND THERE IS NO UPPER LIMIT FOR SILVER IT IS NOT $50 NOT EVEN $60 , SILVER IS GOING TO GO MUCH MUCH HIGHER , James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you... and remember silver is finite and it is being used up and depleted
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman : on The FED meeting
Bob Chapman - BTR Derek Dreamer1 - 04-26-2011
Bob starts at around 4:00 Bob Chapman : The FED meeting is more about the bond and stocks markets , and because of the level the stock market is selling out at the DOW and the S&P the smart money is already telling you that they already know what the FED is going to do and that's understandable because they give orders to the FED cause they own the FED !the FED is buying an average of 80% of the paper being issued and rolled over....The Chinese are going to seriously start getting rid of the dollars...Robert Kiyosaki : I buy assets most people buy liabilities
Robert Kiyosaki : If you take your money and buy a nice car a nice house , you probably are never going to be rich , your house your car your clothes take money from your pocket , so I buy assets most people buy liabilities , assets put money in your pocket whether you work or not , the middle class work for money they do not know how to take their money and make money with it ....the advise my rich dad gave me as my first business failed he said congratulation you failed , my poor dad said you're terrible you failed because he is a school teacher failure is bad , my rich dad said you probably will lose three more businesses before you're successful so it was pretty much true I lost thee more businesses before I really made a lot of money , and so what happens with most people because they are taught by their schools that making mistakes is bad bad bad they are afraid of first making the mistake and if they make the mistake they quit ...Obama is not going to tax the rich he is going to tax high paid employees he is not tax guys like me that hard because he needs me to start business provide jobs ..always remember taxes are never fair...
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
A big silver correction coming ?
A big silver correction coming our way , hopefully so , so that I can buy more and more silver ...
James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman Inflation is over 10 percent
Bob Chapman - Liberty Radio - 04-25-2011
Bob Chapman : they raised the margin requirement today by about a thousand dollars ...what they do not understand in the silver market is that there are big hitters ou keep raising the margin requirement and you won't have any players if there is no leverage they will go to the physical market ...says Bob Chapman of The International ForecasterHuge Gold Nugget found in California
Huge Gold Nugget Ignites Gold Rush . a 35 year veteran geologist found a $460 000 nugget in California he refused to sell it and decided to return to the same spot where he found it in search for more gold nuggets , this may trigger a modern day gold rush especially with the prices of gold exploding to new highs everyday ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman there is not resistance in silver after $50
Bob Chapman on Gonob Radio 25 Apr 2011
The JPM HSBC FED and US treasury cartel are all in there strongly today trying to manipulate the market says Bob Chapman of the International forecaster , tomorrow is the gold and silver option expiration and it's about 30 to 80 thousands contracts in the money , the criminals at the COMEX are going to have to put up with very heavy buying gold and silver by Asian and Indian interests particularly China , they gonna have their hands full tomorrow...Bob Chapman there is not resistance in silver after $50 all the people who bought silver at $50 are already dead there are no sellers after the $50 mark who are they kidding says Bob Chapman....Buy Silver at WHOLESALE prices
Buy Silver at WHOLESALE prices Go to http://www.preservationofwealth.net/WholesaleSilver to get more information or to sign up for your membership. As mentioned in the video, you will receive access to wholesale pricing on silver and gold coins and bullion.
I don't like throwing the term "wholesale" around but I truly believe POW has the absolute lowest pricing available. If I'm wrong please let me know where you are getting better pricing.
Would you like to be able to buy all of your silver and gold at true WHOLESALE prices? Now you can. And you don't even have to get your broker/dealer license to do it. Introducing the "First Of It's Kind", private, Gold and Silver Wholesale Buyers Club. What was formerly reserved for a very few rich guys...is now available to the public. The Club buys direct from the 10 exclusive distributors who buy directly from the US Mint...and you pay the EXACT same price that our club pays for it. The Club makes zero profit from the gold and silver you buy...none, nada, zip. The only profits are made from a small, annual membership fee. It's a totally concept and it's attracting thousands of smart investors who what to maximize their buying power. To find out more, go to: http://www.BuySilverAtCost.com
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Discover how buy silver bullion; secrets the government and private banks don't want you to know about preserve your wealth.
I don't like throwing the term "wholesale" around but I truly believe POW has the absolute lowest pricing available. If I'm wrong please let me know where you are getting better pricing.
Would you like to be able to buy all of your silver and gold at true WHOLESALE prices? Now you can. And you don't even have to get your broker/dealer license to do it. Introducing the "First Of It's Kind", private, Gold and Silver Wholesale Buyers Club. What was formerly reserved for a very few rich guys...is now available to the public. The Club buys direct from the 10 exclusive distributors who buy directly from the US Mint...and you pay the EXACT same price that our club pays for it. The Club makes zero profit from the gold and silver you buy...none, nada, zip. The only profits are made from a small, annual membership fee. It's a totally concept and it's attracting thousands of smart investors who what to maximize their buying power. To find out more, go to: http://www.BuySilverAtCost.com
Bullion Direct: Buy or Sell Precious Metals online, including Gold ...
Bullion Direct® is your online source to buy and sell precious metals, including gold, silver, platinum, and palladium coins and bars. ...
Nucleo Exchange - Catalog - Account Login - American Eagle Silver Coin (1.000 oz.)
http://www.bulliondirect.com/
Silver, Silver Bar, Silver Bars, Silver Bullion, Gold and More ...
We are constantly buying silver bullion items like: Silver American Eagles, Silver Canadian Maple Leafs, Silver Bars (1, 10, 100 & 1000 oz), and Silver ...
Silver - Gold - APMEX.com - Top 40 Products - Buy Silver Bars
http://www.apmex.com/
Shopping results for buy silver bullion
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SILVERSAVER | Save HONEST money the EASY way | Invest in Silver ...
Automatically save in silver for as little as $25 a week; ... safe, reliable way to invest in silver bullion, an asset that will provide security over time. ... ~Bill; SilverSaver gives me the opportunity to buy physical silver using a ...
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Silver Art Rounds, Silver, Silver Bar, Silver Bars, Silver Bullion ...
10 OZ SILVER BAR - REPUBLIC METALS CORP- .999 FINE SILVER BULLION ... Is America's Official Investment-Grade Silver Bullion Coin. ... WE BUY SILVER ...
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How to Buy Silver Bullion Online | http://www.eHow.com
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Jim Rogers : Silver going to over $100 an ounce
Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers Silver
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers Silver
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Monday, April 25, 2011
The COMEX are going to have to put up with very heavy buying gold and silver by Asian and Indian interests
Bob Chapman - Disc Gold Silver Trading - 04-25-2011
The Us Government JPM and HSBC are all in there strongly today trying to manipulate the market says Bob Chapman of the International forecaster , tomorrow is the gold and silver option expiration and it's about 30 to 80 thousands contracts in the money , the criminals at the COMEX are going to have to put up with very heavy buying gold and silver by Asian and Indian interests particularly China , they gonna have their hands full tomorrow...David Morgan : In an Inflationary Scenario Silver is the place to be
David Morgan ..what's happening is reflective of the currency problems the dollar particularly cause it is still the reserve currency of the world , Silver is under fire for quite sometime increasing by almost a buck or more a day David Morgan explains , uncertainty in the market distrust of the US dollar are going to propulse gold and silver prices even higher , the dollar as any other FIAT currency is going to collapse, what is worrisome is that the US Dollar is the world's reserve currency ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk : silver is still a cheap form of gold
James Turk of Gold Money Report talks about Gold and Silver 's slow day. Mr. James Turk reveals that he sees no resistance after Silver breaks through the historic $50 barrier.
James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman - gold and silver options will be worthless in case of a default of JPM and HSBC
Bob Chapman - Power Hour - 04-25-2011
Bob Chapman :..I think there will be a default between $55 and $60 dollars (an ounce of silver ) and of course the higher the number is the bigger the default...the American public won't be happy about the FED forking something like 90 billion dollars to bailout JP Morgan Chase says bob Chapman of the international forecaster , not in a time of budget cuts ...in case of a default they will have to shut down the silver bets and may be even the gold bets in the COMEX , secondly gold and silver options will be worthless if the counter party is HSNC or JPM , thirdly this will send the derivatives market upside down ...fourthly the LBMA in London will have the same problems as the COMEX , and finally SLV and GLD ETFs which do not have the amount of gold and silver they say they have and they are holding those contracts ...the price of silver and gold are going to go exponentially higher...
James Turk once we are over $50 silver there is no more resistance
James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Peter Schiff : This Silver Bull Market has many many years to go
Peter Schiff : if you look at the amount of silver in the earth versus gold and I think the ratio there is about 17 to one , I think silver is going to continue to gain on gold as this bull market continues to unfold , I think we have many many years left to go , I ultimately think that you will see a gold / silver ratio below 20 ,right now is more like about 35 , but when this bull market started I think the ratio was about 60 , now I have been buying silver for about ten years when I started buying it it was 5 dollars an ounce at the time gold was about 250 , 260 dollars an ounce both the precious metals have gone up , but silver has gone up more and if i am right and this bull market continues I expect silver to keep outperforming at my metals company I have been recommending people would have two third gold one third silver for long time obviously people that did that right now they might have fifty fifty because silver has gained on gold even though both metals have risen , and the reason that's happening is because Ben Bernanke is debasing the value of the dollar , r i fact central banks all around the world are too loose they are creating too much money and so people all around the world are buying gold and silver as a store of value and I think that that will continue ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Gold and Silver from one record high to the next
Gold price surges to a yet another all time record high today well over $1500 an ounce this is a fresh new high for the gold at around $1518 an ounce, while silver continues to be the stoner surging more than 5 per cent to within a whisker of its all-time peak of 50 dollars an ounce ,Silver hits 49.82 oz only 50 cents from the all time record of 50.35 dollars an ounce marked January 18, 1980. At the New York market and the futures contract jumped to $ 49.82, just 50 cents from record high. Since the beginning of this year the Silver sees an increase of 60%. as the dollar continued its free fall and inflation continues to worry , experts say it is going to continue to be a bullish scenario for the precious metals as long as we continue to see this kind of fiscal policy in the United States low interest rates high debt and the FED flooding the markets with newly printed US dollars...the markets are Still very very Bullish for Precious Metals , trade your paper money for hard assets while you still can....
Silver just 50 cents from all time record high of $ 50.35
Silver touched the historical record now approaching the price of $ 50.35 per ounce marked January 18, 1980. At the New York market and the futures contract it jumped to $ 49.82, just 50 cents from record high. Since the beginning of the Silver sees an increase of 60%.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Gold and Silver continue to surge
Gold hits a yet another all time record high today , while silver surged more than 5 per cent to within a whisker of its all-time peak of 50 dollars an ounce ,Silver hits 49.82 oz only 50 cents from the all time record of 50.35 dollars an ounce marked January 18, 1980. At the New York market and the futures contract jumped to $ 49.82, just 50 cents from record high. Since the beginning of this year the Silver sees an increase of 60%. as the dollar continued its free fall and inflation continues to worry , experts see more room for upside moves for both gold and silver in the coming weeks and months ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman : our government is desperate to keep gold and silver down
Bob Chapman on the Sovereign Economist 20 Apr 2011
Bob Chapman interviewed by the Sovereign Economist http://sovereign-economist.com : our government is desperate to keep gold and silver down and they can't do it , Gold is going to break out here it is going to go to $1600 / $1650 , silver is another situation the unusual situation is that JPM and HSBC are naked short 45 to one , they have not covered their shorts in to months , they are buried ...that means for every contract they have in silver they sold 45 and there is thousands of them , they're naked short they can't get out they can't buy back into silver which keeps on going up , 3 things can happen here , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollarsEric Sprott
Eric Sprott : “ Silver is the investment of this decade”
“I’ve always thought that silver would move quickly to $50, and it would move to $50 this year – I thought it would get to $50 before year end,” “If you ask me in the three to five year time frame, obviously I think it’s going to go north of $100 simply because we’ll get that 16:1 ratio.” Gold, is going a lot higher.
“Silver is the investment of this decade as gold was the investment of the last decade. So we’re sitting back waiting for things to evolve here,” - Eric Sprott
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
“I’ve always thought that silver would move quickly to $50, and it would move to $50 this year – I thought it would get to $50 before year end,” “If you ask me in the three to five year time frame, obviously I think it’s going to go north of $100 simply because we’ll get that 16:1 ratio.” Gold, is going a lot higher.
“Silver is the investment of this decade as gold was the investment of the last decade. So we’re sitting back waiting for things to evolve here,” - Eric Sprott
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Eric Sprott
Eric Sprott : Silver better than Gold on CNBC (4/15/2010) - "Silver is better than gold....."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
John Embry
Silver Above $50 in 2011 Gold Over $2,000 -
John Embry of Sprott Asset Management
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
John Embry of Sprott Asset Management
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk
James Turk : Silver in Prolonged Backwardation! Silver Going to $50, Gold $1800 by June 2011. $8000 Gold And $400 Silver By 2013-2015!
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Mike Maloney - Silver Can Hit $1,500 Per Ounce!
Silver Can Hit $1,500 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. Original air date: 2/3/10
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Mike Maloney
Mike Maloney : Silver is Cheaper Than Dirt (May 12, 2010 )
“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.”
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
“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.”
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Robert Kiyosaki
Robert Kiyosaki : Silver is the best hedge against inflation!
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Sunday, April 24, 2011
Universities start Investing in GOLD
The University of Texas have chosen to invest in physical gold instead of the risky gold certificates , the total investment is of 6000 ounces of Gold with a market value of about 1 billion dollars ...more universities and other institutions may follow the university of Texas steps...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
SCRAP SILVER PRE-1965 COINS vs Eagles, rounds
Junk Silver Coins are a good investment ,Junk silver coins are an easy way to start investing in precious metals and protecting your financial future.
David Morgan is right, folks. Most of what I have is 10oz bars because I get it closer to SPOT than anything else (even closer than 100oz bars). The whole "American Silver Eagle will be the most commonly traded" idea is a psedo-numismatic network thought process. Have you actually seen some of those jokers buy MS70s @ 400% of SPOT? LOL! Well, that is also being done with just regular ASEs, in just a smaller percentage.
Bottom line, just get the .999 that is closest to SPOT.
David Morgan is right, folks. Most of what I have is 10oz bars because I get it closer to SPOT than anything else (even closer than 100oz bars). The whole "American Silver Eagle will be the most commonly traded" idea is a psedo-numismatic network thought process. Have you actually seen some of those jokers buy MS70s @ 400% of SPOT? LOL! Well, that is also being done with just regular ASEs, in just a smaller percentage.
Bottom line, just get the .999 that is closest to SPOT.
Hugo Salinas we need to monetize Silver again
In this video, Hugo Salinas Price, President of the Mexican Civic Association Pro Silver, A.C. (http://www.plata.com.mx) interviewed by James Turk, outlines the basic details of his proposal to let silver ounce coins circulate as money again in Mexico. He tells the viewers what led him to believe that silver coins should be money again. Hugo and James explain what sound money is..Silver money in Mexico. Why silver is no longer used as money anywhere, and how it can come back into circulation anyplace. A message from Hugo Salinas Price
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
A million dollar in Gold fits in a briefcase
Gold is very convenient to transport , matter of fact one million dollar in gold could be carried very easily in a small briefcase ...A million in gold in this briefcase : It doesn't take much gold to get to a million dollars anymore. In
fact, that you can carry it in a small bag.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
fact, that you can carry it in a small bag.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman Silver is going straight up
Bob Chapman silver is going straight up until that short position is covered silver is going to keep right up going and I think they're going to default or the FED is going to pay it up and we are talking anything between 90 and 500 billion dollars , it's incredible what's going on ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The secret behind The Gold, Silver rallies ?
The Fundamentals of Precious Metals Investing with Jerry Robinson and Tom Cloud
The spike in prices of gold and silver has surprised many. At the same time, there are ways to make money on the rallies in both these metals.Trading sentiments for the yellow metal turned bullish on heavy buying support, following turmoil in Libya and surging crude oil prices. While gold surged to more than $1500 an ounce on rising seasonal demand, silver rose to $46.72 an ounce on heavy buying by stockists and industrial units, amid firm global cues. However, such a rise has hardly made any difference in the enthusiasm of the buyers.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The spike in prices of gold and silver has surprised many. At the same time, there are ways to make money on the rallies in both these metals.Trading sentiments for the yellow metal turned bullish on heavy buying support, following turmoil in Libya and surging crude oil prices. While gold surged to more than $1500 an ounce on rising seasonal demand, silver rose to $46.72 an ounce on heavy buying by stockists and industrial units, amid firm global cues. However, such a rise has hardly made any difference in the enthusiasm of the buyers.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Robert Kiyosaki : The Dollar vs Gold and Silver
Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....Robert Kiyosaki Explains - The Real Value Of The Dollar Gold Silver , a weak dollar is good for the economy but bad for you ....it is only good for those who own a business the Bs and the Is , but it makes employees and self employees life harder ...
An all out currency war has begun - governments around the world are devaluing their currencies in order to have cheap exports - and are destroying the middle class.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
BOB CHAPMAN : The EU is about to implode
BOB CHAPMAN - ERSKINE OVERNIGHT - 04-23-2011
Bob Chapman : if Greece do not default they're fools ..., Ireland too should just default , The EU cannot bail these everybody out , the countries that are bankrupt should go bankrupt and leave the EU and go back to their own currencies....
Bob Chapman : COMEX DEFAULT NEARS
Bob Chapman : even if there is a settlement it is going to deeply injure the paper market , they are stuck , the hedge funds are acting on orders from the US treasury , why would one even have regulations if they are going to have people allowed to do that ...they will do it as long as we allow it...we do not have any free market, someday this thing should come to an end
Bob Chapman of the international forecaster says that 3 things can happen from now on , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
Bob Chapman of the international forecaster says that 3 things can happen from now on , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
UTAH Returns to the Gold Standard ?
This system is taking us to national bankruptcy with the FED printing paper money backed by nothing as if there is no tomorrow , some states like UTAH have decided to go back to the constitutional money which is Gold and Silver backed currency also known as The Gold Standard
Bob Chapman explains the explosion in Silver prices
Bob Chapman explains the explosion in Silver prices
Get into gold and silver says Bob Chapman , he himself just bought some yesterday it is not late and at this prices gold and silver are still very very cheap , JPM and HSBc are gonna have a decision at $50 an ounce silver either partial default or total default or a bailout from the Federal Reserve. Gold is going to break out here and is going to go to $1600 , $1650 , silver is another situation , the unusual situation is that JP Morgan Chase and HSBC are short 45 to 1 , that means for every contract they have in silver they sold 45 and there is thousands of them , they're naked short they can't get out they can't buy back into silver which keeps on going up , 3 things can happen here , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Get into gold and silver says Bob Chapman , he himself just bought some yesterday it is not late and at this prices gold and silver are still very very cheap , JPM and HSBc are gonna have a decision at $50 an ounce silver either partial default or total default or a bailout from the Federal Reserve. Gold is going to break out here and is going to go to $1600 , $1650 , silver is another situation , the unusual situation is that JP Morgan Chase and HSBC are short 45 to 1 , that means for every contract they have in silver they sold 45 and there is thousands of them , they're naked short they can't get out they can't buy back into silver which keeps on going up , 3 things can happen here , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Saturday, April 23, 2011
The Hunt brothers, marked the history of the silver market
During the seventies in the U.S. the economy was characterized by a rising rate of inflation. The Hunt family, one of the richest families in Texas, decided to protect itself from the perspective of the dollar devaluation. Since U.S. laws prohibited the possession of gold, the brothers William Herbert and Nelson Bunker Hunt put all their bets of the silver and started accumulating all the silver that they can put their hands on. Back then In 1973 the silver price was $ 1.5 an ounce.
In 1979, the hoarding of metal accelerated thanks to interest from wealthy Arab traders. The prices began to rise, reaching $ 5. Thanks to the leveraging of significant quantities of futures contracts, the ascent became, in early 1980, unstoppable. The group headed by the Texans brothers now controlled 200 million ounces, an amount equal to about half of silver available in the world spot market.The prices soared to $ 52 an ounce. The huge bull run seemed successful.
But The Hunt brothers did not taken into account the reaction of the U.S. government which intervened dramatically raising margins on futures contracts on the 'COMEX' known as Commodity Exchange, Inc., a division of the NYMEX located in New York where contracts on aluminum, copper, silver and gold are treated. Thereby creating forced selling by fragile speculators who were in the bullish buying game through leverage. The same Hunt were overwhelmed.
In The COMEX traders still remember with concern the tragic day of 27 March 1980 which saw the incredible drop in the price of silver from 21.60 to $ 10.80. A drop of 50% in a few hours.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
In 1979, the hoarding of metal accelerated thanks to interest from wealthy Arab traders. The prices began to rise, reaching $ 5. Thanks to the leveraging of significant quantities of futures contracts, the ascent became, in early 1980, unstoppable. The group headed by the Texans brothers now controlled 200 million ounces, an amount equal to about half of silver available in the world spot market.The prices soared to $ 52 an ounce. The huge bull run seemed successful.
But The Hunt brothers did not taken into account the reaction of the U.S. government which intervened dramatically raising margins on futures contracts on the 'COMEX' known as Commodity Exchange, Inc., a division of the NYMEX located in New York where contracts on aluminum, copper, silver and gold are treated. Thereby creating forced selling by fragile speculators who were in the bullish buying game through leverage. The same Hunt were overwhelmed.
In The COMEX traders still remember with concern the tragic day of 27 March 1980 which saw the incredible drop in the price of silver from 21.60 to $ 10.80. A drop of 50% in a few hours.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Robert Kiyosaki on Kim Kiyosaki
Robert Kiyosaki :" Today, I wouldn't be here without her. She is the brains of the outfit, but she really wanted to learn what my rich dad had taught me, so she has taken off like a duck to water. She has her own corporations; she has her own cash flow. We don't have prenups and all of that but if we ever split, it's already split. She has her own corporations and assets, but the most important thing is that we work together and have fun together. I always say, first of all, she is my best friend, secondly she is my business partner, and thirdly she is my wife. So, I didn't marry one of these bimbo types. The smartest thing I ever did was marry her."
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
billionaire investor Jim Rogers says hold your gold but buy silver now
billionaire investor Jim Rogers says hold your gold but buy silver now
gold will be a bubble someday, but you are way off saying if you didnt buy 5 years ago you are done. speculative money hasnt even begun to enter the gold market and the statistics prove that. gold still has a way to go, not to mention if the government keeps debasing our currency.Commodities guru Jim Rogers explains why a triple digit silver price this year worries him and why Gold and Silver will end up in a bubble sometime in 2017 ,or some years ahead : ....No, not yet. But I’m worried about silver. If silver continues to go up like it has been over the past 2 or 3 weeks, yes, then it would get to triple digits this year. And then we’ll have to worry. It’s not parabolic yet. I hope something stops it going up in the foreseeable future and we have a correction. There’s never one in history that hasn’t popped. Now, maybe the US dollar is going to become confetti in 2011, and if that’s the case and silver goes to $150, then obviously I wouldn’t sell my silver. It would be the US dollar which is collapsing. But if silver goes up the way you’re talking about without currency collapse, I would be very worried."
" That’s certainly part of it, yes. And you have to watch the price action. I remember when gold went parabolic in 1980. I shorted gold when it went parabolic in 1980, and it went higher for another two weeks after I shorted it. But it eventually collapsed. Silver eventually collapsed. All parabolic moves throughout history, there’s never been a parabolic move which hasn’t collapsed in any asset.
Silver and gold, yes, will be a bubble someday, Jay. There’s no question in my mind that all commodities will be a huge bubble someday. But I don’t think that bubble is going to happen in 2011. I think it’s going to be more likely 2017, or 2018…you know, a few years from now. I’m not picking a year, just saying it’s a few years away. It could happen sooner, but I hope not."
gold will be a bubble someday, but you are way off saying if you didnt buy 5 years ago you are done. speculative money hasnt even begun to enter the gold market and the statistics prove that. gold still has a way to go, not to mention if the government keeps debasing our currency.Commodities guru Jim Rogers explains why a triple digit silver price this year worries him and why Gold and Silver will end up in a bubble sometime in 2017 ,or some years ahead : ....No, not yet. But I’m worried about silver. If silver continues to go up like it has been over the past 2 or 3 weeks, yes, then it would get to triple digits this year. And then we’ll have to worry. It’s not parabolic yet. I hope something stops it going up in the foreseeable future and we have a correction. There’s never one in history that hasn’t popped. Now, maybe the US dollar is going to become confetti in 2011, and if that’s the case and silver goes to $150, then obviously I wouldn’t sell my silver. It would be the US dollar which is collapsing. But if silver goes up the way you’re talking about without currency collapse, I would be very worried."
" That’s certainly part of it, yes. And you have to watch the price action. I remember when gold went parabolic in 1980. I shorted gold when it went parabolic in 1980, and it went higher for another two weeks after I shorted it. But it eventually collapsed. Silver eventually collapsed. All parabolic moves throughout history, there’s never been a parabolic move which hasn’t collapsed in any asset.
Silver and gold, yes, will be a bubble someday, Jay. There’s no question in my mind that all commodities will be a huge bubble someday. But I don’t think that bubble is going to happen in 2011. I think it’s going to be more likely 2017, or 2018…you know, a few years from now. I’m not picking a year, just saying it’s a few years away. It could happen sooner, but I hope not."
The gold rush : small investors flocking into gold
Small investors start flocking into gold and silver as The US dollar is in trouble. Inflation and debt have a nation in the choke hold. We can get out but not with our FED's current monetary system of fractional reserve lending. Our economic system is designed to drive us further in debt. Abolishing the Federal Reserve and returning to sound money will solve 90% of this country's problems. It used to be very difficult for private individuals to find a simple, cost effective and secure way of buying, storing, and later selling gold, Not anymore now you can buy gold even from ATM machines in Florida and Las Vegas .Investing in gold and silver will protect your assets from the inevitable collapse of the dollar.The Eonomy is growing again says Obama , believe it ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
JP Morgan and HSBC are short silver 45 to one
Bob Chapman - Sovereign Economist - 04-20-2011 : Bob Chapman was tracking the markets for 52 years and he was a trader for 25 years , our government is desperate to keep gold and silver down and they can't do it says Bob Chapman of the International Forecaster , Gold is going to break out here and is going to go to $1600 , $1650 , silver is another situation , the unusual situation is that JP Morgan Chase and HSBC are short 45 to 1 , that means for every contract they have in silver they sold 45 and there is thousands of them , they're naked short they can't get out they can't buy back into silver which keeps on going up , 3 things can happen here , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
Scottsdale Stacker Silver Bar
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