Silver Prices Tumble 12% After CME Hikes Margin , CME Group Inc.’s Comex unit raised margin requirements on silver trading for the second time in less than a week. after a 170 per cent rally over the last 12 months to a record high last week ,Silver bounced off early lows after falling as much as 12 per cent on the Asian markets, as speculators scaled back their bullish bets on increased futures margins and a technical overhang.The sharpest slide occurred several hours before the U.S. announced the killing of Osama Bin Laden,but according to insiders this is a healthy pull-back the fundamentals both for silver and Gold are still solid and we have to expect new surges in the coming days weeks and months for the silver and gold prices , both will break their all time high records , so this is a golden opportunity for investors who believe in the physical metal to buy more physical silver and gold
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Monday, May 2, 2011
Bob Chapman - Great opportunity to buy Silver
Bob Chapman - Discount Gold Silver Trading - 05-02-2011
Bob Chapman : I have been told the administration through their contacts o Wall Street have them calling big commodity houses and telling them to get rid of their silver positions so that Morgan can cover and that's what this is all about right now , great opportunity to buy , says Bob Chapman of The International Forecaster
Labels:
Silver
Bob Chapman : Osama died back in 2001
Bob Chapman - gonob radio - 05-02-2011
Bob Chapman : Benazir Bhutto in 2007 in a public broadcast service said he was dead for seven years and three months later the CIA had somebody put a bullet in the middle of her head I started following the carrier of Bin Laden in 1985 says Bob Chapman of the international forecaster who was working as a US counter intelligence agent , Osama was working working as CIA operative in Pakistan and Afghanistan he was an employee of the CIA , this whole business of Al-Qaeda and Taliban they're all controlled by the CIA and MI6 and MI6 in particular.....Silver the Osama Effect
Silver gained 500% in two years
NOT ALL that glitters is gold, but silver is another matter Silver always shines despite today's correction . Paraphrasing one of the most abused proverbs, that could be the summary of what happened today in the markets and, in particular, on the commodities market. since the Announcement by the U.S. authorities of the killing of Osama Bin Laden, all commodities prices have started to decline . But the psychological effect on players did not last long, because analysts have noted that the death of Osama - as in the top of the wanted list - is not enough by itself to declare the end of the Muslim-inspired terrorism. Much more important, at this moment, it would not end of the war in Libya. Thus, gold and crude oil have already rebounded late in the morning, coinciding with the decline of European stock exchanges, which is then accentuated after the start of Wall Street.But not all commodities have followed the path of gold and oil. That was thew case of silver. Traders have sold futures on precious metals with both hands and in the early stages of the session options causing the silver price to plunge by 12%, the largest decline in its history! . There was then a recovery in the rest of the day, but prices have remained in negative territory.
But how to interpret the trend of the price of silver? The negative reaction is
explained by the fact that silver is one of the more sought after by industry and arms traders, in the early hours after the announcement of the death of Osama,The markets thought that there may be a slowdown in demand for military equipment. In fact, demand is already falling for some time because of the crisis of sovereign debt (states must cut the budget and do so even in the defense sector).
The answer, then, is, as often happens, in a speculative movement. From the lows of 2008 to $ 8.453 per ounce of silver has doubled its value ($ 17,960 / oz) last August, and then accelerate up to $ 49.831 (new top for the last 31 years) just last Monday, with an appreciation almost 500% in two and a half years. The precious metal, which in recent years has suffered a deterioration in demand for industrial use (especially in the field of photography with the advent of digital technology), now seems destined to have a new life. The silver industrial demand may increase due to new uses in the field of photovoltaic solar panels.
In addition, it should be noted that silver is a safe haven by excellence, given its chronic shortage: the world demand exceeded the annual production since 1990.
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 Fundamentals still strong
Gold hit a new record in Asian markets to $ 1,577.57 an ounce but then fell to $ 1,548. The silver plunge 11% to $ 42.67 after touching a new high at $ 44.34. , the fundamentals for both silver and gold are still rock solid according to most analysts , this is a healthy correction gold and silver are going to go one way and one way only and that is up up and up for thenext months and years...
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)
Robert Kiyosaki : I can make my own money all the time
Robert Kiyosaki : "... The price is called your knowledge. You always know that you did not earn it. If you took all of my money away, I would have it right back. I don't really care about money. I mean I do but why worry about it because I can make my own money all the time. So why would I go and sell my body for it? I know a couple who really think that they made it but what they are doing is they are living off of a rich person. This one woman married a rich attorney and she thinks she made it but the fact is you married a guy who makes a lot of money. Two years ago she was broke and now she lives on Park Avenue. Call a spade a spade. If he left, would she still have the money if she had to make it on her own; she would have to sue him."
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.
Labels:
Money
Silver Drops 12% In 11 Minutes !!!
Silver prices fell sharply Monday after CME Group increased the amount of cash needed to hold speculative positions in the metal.( MarketWatch reported today )
this is a healthy pull-back in silver rally ,the markets will continue to short the US dollars and long the commodities , Peter Turville-Ince, head of commodity & equities strategy at Compass Global Markets, thinks that the pullback in silver is only temporary and is still bullish on precious metals in the medium term. , Peter sees the silver at $70 , $75 before the end of the year ...this pull-back is a great opportunity of physical silver buyers and hoarders like myself
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)
this is a healthy pull-back in silver rally ,the markets will continue to short the US dollars and long the commodities , Peter Turville-Ince, head of commodity & equities strategy at Compass Global Markets, thinks that the pullback in silver is only temporary and is still bullish on precious metals in the medium term. , Peter sees the silver at $70 , $75 before the end of the year ...this pull-back is a great opportunity of physical silver buyers and hoarders like myself
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)
Eric Sprott sold his Silver Trust units
As reported by the Canadian news paper the Globe and Mail this morning of May 2, 2011 Eric Sprott sold his Silver Trust units : Eric Sprott and Sprott hedge funds have sold trust units in Sprott's Physical Silver Trust. The trades were made in the last two weeks of April when the price of silver peaked. read article >>>>
Labels:
Eric Sprott,
Silver
Why did Silver price Slip today ?
Michael McCarthy, chief market strategist at CMC Markets, believes silver has entered the "blow-off" phase of the bubble market and prices will stay volatile.I beg to disagree with McCarthy , what we saw this morning was a healthy correction the price of silver is what it was just a week ago , the fundamentals are still fantastic and I expect the silver to end at $50 by the end of the month...today's dipp is a great opportunity for buyers to go and get more physical silver...
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)
Labels:
Silver
Bob Chapman Obama got Osama ?!?!?!
Bob Chapman - Liberty Round Table "Osama - Story" - 05-02-2011
Bob Chapman : Osama Bin Laden the world's most dangerous man was a CIA Operative , Bob Chapman who was a counterintelligence agent knows his facts , Benazir Bhutto was a recruited agent of the CIA she was killed soon after when she announced (by mistake) on an interview that Osama was dead for a while
Labels:
Liberty Round Table
Silver crashed because Osama Died?!?!?!?
Silver prices tumbled on Monday, making their biggest loss since late 2008 by news that al-Qaeda leader Osama bin Laden was killed in a U.S.-led operation in Pakistan .Osama Bin Laden is dead, President Obama announced Sunday night, in a televised address to the nation.Seems those of us in the PM camp are a little unimpressed with the Osama news, in fact, most seem a little skeptical given the huge, suspicious drop in silver prices ,price is what it was 7 days ago so I look the dip as nothing but a useless attempt to manipulate silver when most markets were offline. The have done nothing but won themselves back 7 days of hikes.This is a great opportunity to buy more silver as the price is not going to stay this low for long time I believe ....
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, May 1, 2011
Extreme concentration in COMEX gold and COMEX silver market
2 US banks hold 96% of COMEX commercial net short position .JPMorgan Chase is even bigger in this manipulation.. number 1, in fact.This video says it all.. the only way to break the comex scam on our own terms is to spread the word.. BUY PHYSICAL SILVER NOW! Silver will be a wise investment to have due to Silvers unique fundamentals and uses.I've been accumulating silver for along time now, and i tell some people about it how paper is trash and no one listens, its amazing, oh well it will only be people like us who will be rich when all hell breaks lose and the COMEX defaults and silver is US$500.
What happened to the physical world? Everything now is paper and certificates!! I have 100 tons of firewood here for sale, but I can only sell you paper certificates! I also have 500 gallons of oil certificates too and I also sell pigs that fly certifcates as well.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
What happened to the physical world? Everything now is paper and certificates!! I have 100 tons of firewood here for sale, but I can only sell you paper certificates! I also have 500 gallons of oil certificates too and I also sell pigs that fly certifcates as well.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Labels:
COMEX
Silver & Gold red hot
Silver & Gold Hit Record Highs , Precious Metals Market red hot again as the dollar continues to slump , Traders are saying there won't be a let up in metals until the dollar starts turning around, with CNBC's Kayla Tausche.
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)
Labels:
Precious Metals
How to Buy and Store Silver
Do NOT let anyone store your silver and precious metals. Do it yourself. Buy an expensive safe and locate it under your house. Do not tell people you have it. Precious metals are the way to store your hard earned wealth. Do NOT let it sit in banks or in stocks. Keep as metal. Silver, gold and platinum - buy as stamped bullion at the cheapest price (not numismatic coins). Don't waste money on shipping fees - pick it up yourself. Best of all - don't trust companies. Trust metal.
Apmex. They have great prices, the site is easy to use,there are no hidden fees and they ship fast. I suggest that you stick with rounds. Hold off on the bars, : (updated) US Government declares WAR on Gold and Silver owners! He is very good and will talk about the bars and our government. You will want: Canadian Maple Leaf, Silver American Eagles, Australian coins also. Stay away from Chinas coins, there have been probs' with fakes going around .Also, invest in some junk silver. 90% Check out eBay, but be careful. They have gone a little nuts lately. Esp. with postage fees. But there are still some good deals there.You just wanted the metal in your hot hands. And ..thats what its comes down to. These metals are long term investments. Silver is depleting and money printing is causing gold to skyrocket. Either way..up up up. Don't waste time
Apmex. They have great prices, the site is easy to use,there are no hidden fees and they ship fast. I suggest that you stick with rounds. Hold off on the bars, : (updated) US Government declares WAR on Gold and Silver owners! He is very good and will talk about the bars and our government. You will want: Canadian Maple Leaf, Silver American Eagles, Australian coins also. Stay away from Chinas coins, there have been probs' with fakes going around .Also, invest in some junk silver. 90% Check out eBay, but be careful. They have gone a little nuts lately. Esp. with postage fees. But there are still some good deals there.You just wanted the metal in your hot hands. And ..thats what its comes down to. These metals are long term investments. Silver is depleting and money printing is causing gold to skyrocket. Either way..up up up. Don't waste time
Labels:
How to Buy and Store Silver
Silver Bullion vs Real Estate
It took 816 oz of silver to buy a median 3 bed family home in the USA in 1980 during silver's peak. I totally feel it is not only possible, but probable that we will be able to do that again & for 500 oz or less! There are so many factors now that were not around in 1980's: the Fed's crazy QE strategy, the world-wide market that now can buy silver with a few clicks on their computers, the low remaining above-ground inventory of silver, the manipulation of silver's price by the banks, etc. etc.
The FED is printing so much money than the commodities and precious metals are rising, I think is very likely that a single family home will cost the 500 ounces soon .Nothings lasts forever... The dollar will be gone if inflation continues. What matters is the real value in terms of gold. You wanna buy real estate and the like when it's cheap relative to precious metals, but when the cycle turns and things reaches the floor - and it will -, precious metals will lose its relative value to real estate. That's when you get the cheapest ticket for the next move in the real estate train or stocks train. Always remember Buy low, sell high .Everything is cyclical so you want to sell your silver, or in this case trade in for a cash flowing property, before the precious metals market goes down. That will happen when the USD is restructured or a new reserve currency emerges. Until then, the US is going to print money until they run out of trees... get silver/gold before the average people get wind of what's going on.
The FED is printing so much money than the commodities and precious metals are rising, I think is very likely that a single family home will cost the 500 ounces soon .Nothings lasts forever... The dollar will be gone if inflation continues. What matters is the real value in terms of gold. You wanna buy real estate and the like when it's cheap relative to precious metals, but when the cycle turns and things reaches the floor - and it will -, precious metals will lose its relative value to real estate. That's when you get the cheapest ticket for the next move in the real estate train or stocks train. Always remember Buy low, sell high .Everything is cyclical so you want to sell your silver, or in this case trade in for a cash flowing property, before the precious metals market goes down. That will happen when the USD is restructured or a new reserve currency emerges. Until then, the US is going to print money until they run out of trees... get silver/gold before the average people get wind of what's going on.
Saturday, April 30, 2011
Bob Chapman - Discount Gold Silver Trading - 04-29-2011
Bob Chapman : everybody in the world should go out and buy at least an ounce of silver let's help Max Keiser's campaign of 'Buy Silver Crash JP Morgan ' ...Gold and Silver are the safest place to be not the real estate or the stock market says Bob Chapman of the International forecaster
Labels:
Silver
Bob Chapman : we are going to have QE3 and an Inflation never seen before
Bob Chapman - Kerry Lutz Interview - 04-28-2011
Bob Chapman says that he acts as a contrarian , ' when the herd and the tribes are going west I am heading east' he says , that's a perfect contrarian strategy , people do not have a clue of what's they are doing they do not know history of gold silver and precious metals economics finance says Bob Chapman of the international forecaster they do not know that the markets are rigged under executive order , the financial terrorists are hammering gold and silver markets right now , but this will come to an end soon...we are going to have QE3 and an Inflation never seen before..I am long and I have been since 1976 says Bob Chapman , there is no resistance at $50 in the silver market...
Labels:
Kerry Lutz
James Turk - no resistance as Silver nears uncharted territory
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 ...
Labels:
James Turk,
Silver
Robert Kiyosaki : There is a loan for everybody
Robert Kiyosaki : ...You generally need 'A’ one credit if you are going to a traditional banker and it’s good to have 'A’ credit; but it’s not an excuse for not having it. There is a loan for everybody. You can buy a dodge truck with bad credit. The whole economy since 1971 has been based on debt; so our dollar bills are no longer money our dollar bills are now debt. For this economy to keep expanding, they need more and more people who are willing to go into more and more debt, which is why there is going to be a massive crash. It can only go so far
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.
Labels:
A one credit
How to buy silver bullion and coins
How to buy silver bullion and coins
Silver is getting up there in premiums pricing here in the states. Still looking around for good deals. when the" Royal mint "is advertising its coins on TV you know its time to SELL. This is 2004-6 in the property bubble. The pros have all bought very cheap and are looking to sell while the rest of us poor schmucks are panic buying incase we miss out.Its called a fluctuation. Professional traders buy cheap, whatch it go up, and sell at the right time. The amateurs get in late and either make a modest profit, or get scorched.
Silver is getting up there in premiums pricing here in the states. Still looking around for good deals. when the" Royal mint "is advertising its coins on TV you know its time to SELL. This is 2004-6 in the property bubble. The pros have all bought very cheap and are looking to sell while the rest of us poor schmucks are panic buying incase we miss out.Its called a fluctuation. Professional traders buy cheap, whatch it go up, and sell at the right time. The amateurs get in late and either make a modest profit, or get scorched.
Labels:
silver bullion and coins
Friday, April 29, 2011
Eric Sprott : the real story now is silver
In an interview with the Canadian newspaper The Glob and Mail Eric Sprott Chairman, CEO & Portfolio Manager of Sprott Asset Management said that he believed that Silver is the real story now and it will out perform Gold : "I think gold is the reserve currency today. There is not a currency in the world that it hasn't appreciated against by at least 300 per cent. And it has beaten every stock market. You can't even rent a safety deposit box in Germany because they are all full of gold and silver ... I am pretty convinced that gold will go a lot higher because it is under-owned as only 1 per cent of people's money is in it. It could go to $2,000 an ounce. I could imagine it at $5,000. I am not giving a time frame on that, but I could certainly see that happening. But the real story now is silver. Gold has traded at a ratio of 16-to-1 to silver in terms of price, but today it trades in the range of 50 to 1. I think the gold-to-silver ratio is going to go back to 16 to 1 given the passage of time, say three to five years. And I bet you that silver overshoots. The gold-to-silver ratio may even get down to 10 to 1. I believe that the price of silver has been suppressed."
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)
Labels:
Eric Sprott
Donald Trump vs China
Donald Trump : when I see what OPEC is doing to us , when I see what China is doing , I give you a little china story also , china I said the other day , very very hard to buy anything outside of China , I said what would you do what can you do ? so easy , I drop a 25 percent tax on China !
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.
Labels:
Donald Trump vs China
Bob Chapman Gold and Silver are the safest place to be
Bob Chapman - Discount Gold Silver Trading - 04-29-2011
Bob Chapman : everybody in the world should go out and buy at least an ounce of silver let's help Max Keiser's campaign of 'Buy Silver Crash JP Morgan ' ...Gold and Silver are the safest place to be not the real estate or the stock market says Bob Chapman of the International forecaster
Bob Chapman The Gold Shares are going to go ballistic
Bob Chapman on The Sovereign Economist 27 Apr 2011
Bob Chapman : silver approaching its former high of $50 and they knocked it down , there is no resistance at $50 , we are looking at $55 , $60 silver in the short term says Bob Chapman of The International Forecaster to The Sovereign Economist http://sovereign-economist.com JPM and HSBC are screwed they got to default and when they will default the prices of silver will go even higher ...Official inflation in Silver is $136 /oz based on 1980 , and Gold $2400 but in real inflation figures , silver is at $375/oz and Gold is almost $8000 and that's where they're going , anybody who is no long is an absolute Jerk...and deserves to lose his money...The Gold Shares are going to go ballistic they are way way undervalued , Agnico Eagle is an example says Bob Chapman ...
John Rubino : Physical Gold and Silver are the only real money left out there
John Rubino : we have a world that is awash with liquidity right now and that money is chasing the assets that are already moving so now they are flowing into commodities because that what was going up the most , hot money chases growth and gold and silver are prime beneficiaries of this there are the only real money left out there everything else is paper and people start to figure out we are destroying the paper currencies of the world so they are snapping up physical gold and silver at unprecedented rates and so you seen both of these metals at record levels right now , I would expect a correction at some point says John Rubino
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)
Labels:
John Rubino
There is No resistance at $50 , go long stay long
Silver hits $49.18 today , the bull market is set to continue as the fundamentals are rock solid , $100 silver is a no brainer as says Mike Maloney , there is no resistance at $50 , there might be some corrections here and there which are good opportunities to buy more physical silver and continue hording ...go long stay long you will be glad you did the silver market is set to explode in the coming years
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)
Silver climbing over 30% and will continue
Gold and Silver Will Stay Positive the fundamentals are good we will see new all time highs in both gold and silver says Analyst Torsten Dennin whether the FED decides to raise interest rates or not ..."We are still positive, looking at year-to-date performance on the precious metals side," Torsten Dennin, commodity fund manager at Altira Group He added that the outlook for precious metals will stay positive even if Bernanke decids to raise interest rates .
Weak dollar pushing gold and silver higher
Momentum Is Still With Silver and Gold , silver hits an all time high in 31 years at $39.50 , gold hits a new record at $1537 , the bull market is set to continue all the fundamentals look good .... Jonathan Barratt, managing director of Commodity Broking Services says silver prices could pull back after hitting $50 level.
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)
Labels:
Weak dollar
Bob Chapman The Free Market is not free anymore
Bob Chapman - A Marines Disquisition - 04-28-2011
Bob Chapman we had a typical week of government intervention in the free market that is not free anymore , the government does this frequently knowing it can hold the market down they just ant to interrupt it or send it to the wrong direction , the former high in silver happened 31 years ago and the average investor was about 50 years old at the time so that would make him 80 years old today , most of them have deceased , there is no resistance in there ....Thursday, April 28, 2011
Buying and Investing in Silver Bullion, Save yourself from Inflation
I read Michael Maloney's book. An excellent read. I recommend anyone that's just getting into precious metals read it. I gave it to my dad in hopes he will wake the hell up and start stacking some himself.The American silver eagle is the official bullion coin of the united states, and was first minted by the united states mint in 1986. It is minted only in 1 troy oz (ounce) .999 fine silver rounds, Silver eagles are in very high demand in these uncertain economic times so start your silver snowball rolling today to start receiving your very own residual income of silver eagle coins, Don't wait until it's to late - get in while silver is still affordable!the best investment for me is the Canadian maple leaf for silver.it has the highest premium the puriest off all coins and it been recognized all over the world.and it's my opinion smaller the better.if the economy goes down i don't see myself going to the grocery store to buy food with a 1 kilo bar.i know it's a drastic situation but just an example.keep investing because you never know what's going to happen the next day.
I still suggest trading some of those big bars in for some fractional silver. Even if you don't use it for food during Hyperinflation, it will be hard to sell a $30,000 bar. Happy Stacking
Looking at the % rises over the past 12 months silvers been approaching a 40% increase and gold significantly less than this. My £$ is on silver all the time every time, its also much less expensive when i want to buy a little so im going to keep buying and its great to hold a ten ounce bar or a kilo which is something i wont be in a position to do with gold. Im going to keep putting the presure on my familt members to take the plunge! Wish me luck...
In this video I go over the different silver I have and why I got into silver eagles with silver snowball, I seriously believe that silver is the ONLY way to go to not only protect your money but also make you ALOT of money when inflation or even hyperinflation hits. Something I forgot to mention in the video is the reason Zimbabwe went into a hyper inflation is because their government thought they could solve their money troubles just by printing more and more money, sound familiar to anyone? Maybe those in America?
Silver snowball is the easiest way to get vast amounts of silver eagle coins. My first month with silver snowball I received 3 bonus silver eagle coins just by introducing other people to silver snowball. My second month hasn't even finished yet my I'm already up to 6 bonus silver eagle coins.
I still suggest trading some of those big bars in for some fractional silver. Even if you don't use it for food during Hyperinflation, it will be hard to sell a $30,000 bar. Happy Stacking
Looking at the % rises over the past 12 months silvers been approaching a 40% increase and gold significantly less than this. My £$ is on silver all the time every time, its also much less expensive when i want to buy a little so im going to keep buying and its great to hold a ten ounce bar or a kilo which is something i wont be in a position to do with gold. Im going to keep putting the presure on my familt members to take the plunge! Wish me luck...
In this video I go over the different silver I have and why I got into silver eagles with silver snowball, I seriously believe that silver is the ONLY way to go to not only protect your money but also make you ALOT of money when inflation or even hyperinflation hits. Something I forgot to mention in the video is the reason Zimbabwe went into a hyper inflation is because their government thought they could solve their money troubles just by printing more and more money, sound familiar to anyone? Maybe those in America?
Silver snowball is the easiest way to get vast amounts of silver eagle coins. My first month with silver snowball I received 3 bonus silver eagle coins just by introducing other people to silver snowball. My second month hasn't even finished yet my I'm already up to 6 bonus silver eagle coins.
Labels:
Maple Leaf,
The American silver eagle
Bob Chapman : Obama birth certificate not a good Photoshop work
Bob Chapman - American Freedom Radio - 04-28-2011
Bob Chapman : Obama's birth certificate not even a good Photoshop work ...Ron Paul may run with Jesse Ventura as a third party candidate , Ron Paul's life could be in danger and he is fully aware of it ....
Labels:
American Freedom Radio
Gold Hits Another Record High
A record high for gold and the decline of the dollar : Gold prices increased 2.4% in first quarter : The sharp decline of the dollar boosted gold's gains
Gold prices continued to break record highs on Thursday, benefiting from the steady decline of the U.S. dollar at its lowest level since July / July 2008, after it became clear that the United States will keep its monetary policy as is.
Gold in the spot market Has reached the highest level ever at U.S. $ 1532.91 per ounce (ounce equals 28.25 grams), which is a ninth record high in nine sessions, before easing slightly to the price of $ 1530.80 an ounce."The American population is just now beginning to realize that their 401k turned into a 201k and we've got to have something to counterbalance the typical cash stocks bonds," Michael Haynes, CEO of American Precious Metals Exchange told CNBC
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)
Gold prices continued to break record highs on Thursday, benefiting from the steady decline of the U.S. dollar at its lowest level since July / July 2008, after it became clear that the United States will keep its monetary policy as is.
Gold in the spot market Has reached the highest level ever at U.S. $ 1532.91 per ounce (ounce equals 28.25 grams), which is a ninth record high in nine sessions, before easing slightly to the price of $ 1530.80 an ounce."The American population is just now beginning to realize that their 401k turned into a 201k and we've got to have something to counterbalance the typical cash stocks bonds," Michael Haynes, CEO of American Precious Metals Exchange told CNBC
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)
Gold : ninth record high in nine sessions
A record high for gold and the decline of the dollar : Gold prices increased 2.4% in first quarter : The sharp decline of the dollar boosted gold's gains
Gold prices continued to break record highs on Thursday, benefiting from the steady decline of the U.S. dollar at its lowest level since July / July 2008, after it became clear that the United States will keep its monetary policy as is.
Gold in the spot market Has reached the highest level ever at U.S. $ 1532.91 per ounce (ounce equals 28.25 grams), which is a ninth record high in nine sessions, before easing slightly to the price of $ 1530.80 an ounce.
These developments have prompted many central banks in Asia to stop buying the U.S. currency down to adjust the rise in the value of domestic currencies, the euro has reached its highest against the dollar since recorded 16 months to up to $ 1.48.
An increased investor confidence in the precious metal in the light of the continued political unrest in the Middle East and North Africa, and rising global inflation due to the increase in the prices of food and fuel, two factors prompted investors to employ their money more and more in gold . The price of gold increased by 360% in the last ten years
Gold prices continued to break record highs on Thursday, benefiting from the steady decline of the U.S. dollar at its lowest level since July / July 2008, after it became clear that the United States will keep its monetary policy as is.
Gold in the spot market Has reached the highest level ever at U.S. $ 1532.91 per ounce (ounce equals 28.25 grams), which is a ninth record high in nine sessions, before easing slightly to the price of $ 1530.80 an ounce.
These developments have prompted many central banks in Asia to stop buying the U.S. currency down to adjust the rise in the value of domestic currencies, the euro has reached its highest against the dollar since recorded 16 months to up to $ 1.48.
An increased investor confidence in the precious metal in the light of the continued political unrest in the Middle East and North Africa, and rising global inflation due to the increase in the prices of food and fuel, two factors prompted investors to employ their money more and more in gold . The price of gold increased by 360% in the last ten years
Silver about to break $50 an oz mark !
Today silver broke $49 an ounce before settling at $48.52! (so far ) Many experts predict $100 silver before the end of 2011! 2011 American Silver Eagles are already selling for more than $52 an oz! hoard go long and stay long , if you think silver is expensive now , you have not seen anything yet .JPM short squeeze is ON. Thank you Andrew Maguire.
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)
Labels:
Andrew Maguire
Jim Willie : The Dollar has a cancer called QE
Jim Willie : IMF plan to introduce the SDR but that's just a fancy name for a basket of major currencies the dollar the Euro the Yen and the British Pound , imagine if they try to use this basket as a global reserve banking currency , they think that this will fix the problems that the dollar has , because the dollar has cancer it is called QE
...they gonna fail miserably and this means that the price of commodities will continue to rise uniformly gold silver cotton crude oil all of them in uni-sense
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)
...they gonna fail miserably and this means that the price of commodities will continue to rise uniformly gold silver cotton crude oil all of them in uni-sense
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)
Labels:
Jim Willie
Bob Chapman : Gold and Silver Markets are way undervalued because of the suppression
Bob Chapman on The ContraryInvestorsCafe 27 Apr 2011
Bob Chapman : prices today are way way undervalued because of the suppression process and they continue to do it , we see it this morning , they are not going to be successful because the cost of doing that is very very high , and that's said I think we already have seen the correction which was cause by them incidentally them being the Federal Reserve the treasury and the working group on the financial markets ....says Bob Chapman of The International Forecaster,
Labels:
The ContraryInvestorsCafe
Peter Grandich : Profits taking on Silver
Peter Grandich on taking profit on Silver , Intermediate top may be play according to him , this interview was done by contraryinvestorscafe on Apr 27 2011 ...Peter Grandich recommends taking profits on silver at $50 an ounce , personally I disagree and I trend to go with what James Turk and Bob Chapman are recommending buy keep buying and stay long this market will go ballistic from now on with few corrections here and there that you should use for purchasing more....
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)
Labels:
Peter Grandich
Wednesday, April 27, 2011
Gold: new record at $ 1,522.80
Gold : new record at $ 1,522.80 on this 27th of April - Gold sets a new record at $ 1,522.80 an ounce on the New York market, where prices have marked a rise of 1, 3%. the gold price surge come after the FED's chairman Ben Bernanke press conference
Bob Chapman : Silver going to $60 - HSBC will have to default
Bob Chapman - Discount Gold Silver Trading - 04-27-2011
Bob Chapman : The reason the stock market was going up is because the insiders who make the inside information told the FED , because they own it this is the way it is going to be ...the FED is buying 83% of that paper right now because they do not have anybody to sell to , whether it is treasury or agency , so there is nobody to sell to so they got to make new money and credit digitally ....
Gold, Silver surge on FED announcing Quantitative Easing 2.5
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)
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 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....
Labels:
Brent Johnson Freedom Report
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)
Labels:
James Turk
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)
Labels:
James Turk,
The Dollar
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...
Labels:
Hyperinflation
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 ....
Labels:
Peter Schiff,
Silver
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)
Labels:
Rob McEwen
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)
Labels:
Price Limit in Silver
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...
Labels:
The Fed Meeting
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.
Labels:
assets vs liabilities
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)
Labels:
Silver correction
Subscribe to:
Posts (Atom)