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Friday, May 6, 2011
Bob Chapman the US Government rigging the silver market using naked shorting
Bob Chapman - Discount Gold Silver Trading - 05-06-2011
Bob Chapman : The CME was told by the Us Government to do what they did to break the back of the precious metals market , now you have to put up five times as much money as you did 9 days ago and that's not true for the short-side of the market , those shorting have to put two times ...what happened is unprecedented and illegal...the other market run the risk of collapsing , but not the gold and silver , all markets are rigged
Lindsey Williams : COMEX Massive silver shortages and collapse of EURO and USD in 2011
Lindsey Williams : COMEX Massive silver shortages and collapse of EURO and USD in 2011 .Since this recent desperate move of changing margin requirements several times I wonder how much time is left to default? Any opinions? I feel it is this year 2011. This webbot thing is kind of interesting.
A recent interview with Lindsey Williams on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
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 recent interview with Lindsey Williams on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
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,
Lindsey Williams
Bob Chapman The CME raised the margin requirements for silver 5 times in 6 days
Bob Chapman - The Free American Hour - 05-06-2011
Bob Chapman : the treasury department sent out people to talk to the heads of brokerage firms that do commodities in a big way and they old them that they anted them to recommend that commodities be sold a the same time the treasury had the CME which owns the COMEX which where the futures are traded gold and silver and beans and corn and so on , they changed the margin requirement that happens from time to time but in six days they changed it 5 times...classic unbelievable illegal manipulation
Labels:
The CME
There is less than one quarter of an ounce silver per capita above ground
The COMEX is manipulating the silver Market ,The volatility in silver market was created by the combination of the bubble forming and the CME decision to increase the margins , The CME increased margins 5 times! this is forcing investors to sell , they raised margin requirements from $9000 to $21000 in five days ! there is no small investor that can handle that so they are all wiped out ,Guys like George Soros and Carlos Slim are dumping paper, not real. They never had any to begin with....Its all just blips on a screen and some day soon, we will hold the worlds real wealth....
The total amount of above ground silver on a per capita basis is less than one quarter of an ounce per person , if this is not a shortage than what is it ?????
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 total amount of above ground silver on a per capita basis is less than one quarter of an ounce per person , if this is not a shortage than what is it ?????
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 COMEX manipulating the silver Market
The COMEX manipulating the silver Market , The CME increased margins 5 times! this is forcing investors to sell , they raised margin requirements from $9000 to $21000 in five days ! there is no small investor that can handle that so they are all wiped out ,Guys like George Soros and Carlos Slim are dumping paper, not real. They never had any to begin with....Its all just blips on a screen and some day soon, we will hold the worlds real wealth....
We must remember the drop in the silver price in 2008 from $21 to $9. That drop was a higher percentage than the one we have currently experienced. Like the increase we have seen from $9 to almost $50, imagine the increase we will see from say $30?!?!? I think the paper is easier to track than physical. In the physical world, premiums are getting higher, many online dealers are running low on the popular coins. As far as suggestions, everyone has their favorites, you can buy government mint coins at a slightly higher premium, or you can just buy generic rounds as long as it's at least .999 silver. Most of us seem to go with Silver Eagles and Canadian Maples, but you're good as long as it's pure silver. And junk 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)
We must remember the drop in the silver price in 2008 from $21 to $9. That drop was a higher percentage than the one we have currently experienced. Like the increase we have seen from $9 to almost $50, imagine the increase we will see from say $30?!?!? I think the paper is easier to track than physical. In the physical world, premiums are getting higher, many online dealers are running low on the popular coins. As far as suggestions, everyone has their favorites, you can buy government mint coins at a slightly higher premium, or you can just buy generic rounds as long as it's at least .999 silver. Most of us seem to go with Silver Eagles and Canadian Maples, but you're good as long as it's pure silver. And junk 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)
Labels:
The CME
Bob Chapman : The CME wiped out all the small investors
Bob Chapman : The CME wiped out all the small investors
Bob Chapman : the recent silver pull-back , a total manipulation with arrogance it's incredible they do anything they want to do , they raised margin requirements from $9000 to $21000 in five days ! unheard of !!! then they contacted all the large commodity houses and said we want you to recommend the people get rid of their positions on the long side of the commodities an particularly in gold and silver and we want you to double the margin requirements so the $21000 that would be $42000 , there is no small investor that can handle that so they are all wiped out , the market is totally rigged says bob Chapman of The International Forecaster
Bob Chapman : the recent silver pull-back , a total manipulation with arrogance it's incredible they do anything they want to do , they raised margin requirements from $9000 to $21000 in five days ! unheard of !!! then they contacted all the large commodity houses and said we want you to recommend the people get rid of their positions on the long side of the commodities an particularly in gold and silver and we want you to double the margin requirements so the $21000 that would be $42000 , there is no small investor that can handle that so they are all wiped out , the market is totally rigged says bob Chapman of The International Forecaster
Labels:
The CME
Jim Cramer, this sell-off is about market mechanics, not the fundamentals,
COMEX Silver for May delivery dropped another $3.152 per troy ounce Or 8% to $36.23
Jim Cramer : all things gold and silver got pounded again today. as people who bought them with borrowed money were force the to put up more cash or get blown out of their positions. something i have been warning you about all week. this sell-off is about market mechanics, not the fundamentals, so i'm not backing away from gold as a fantastic long-term money-making theme. you need to have gold in your portfolio. now that it's begun to pull back and pull back hard, it's time to consider building a position slowly if you still don't have any exposure to the shiny stuff. remember, my playbook is simple. i like bullion, actually gold bars.
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)
Jim Cramer : all things gold and silver got pounded again today. as people who bought them with borrowed money were force the to put up more cash or get blown out of their positions. something i have been warning you about all week. this sell-off is about market mechanics, not the fundamentals, so i'm not backing away from gold as a fantastic long-term money-making theme. you need to have gold in your portfolio. now that it's begun to pull back and pull back hard, it's time to consider building a position slowly if you still don't have any exposure to the shiny stuff. remember, my playbook is simple. i like bullion, actually gold bars.
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)
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Jim Cramer
How to trade silver volatility
The volatility in silver market was created by the combination of the bubble forming and the CME decision to increase the margins ,we got a rush to the doors situation , Silver futures headed for the steepest weekly decline since at least 1975 as the CME increase in margin requirements and slump in commodities from copper to oil prompted investors to sell precious metals
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silver market
David Morgan Silver long-term bull market remains stable
David Morgan : all market come down faster than they go up , the fundamentals have not changes the bull market is still there as long as these governments keep on printing money the pressure on gold and silver to go up remains
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)
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David Morgan
Bob Chapman : World War 3 already started
Bob Chapman the whole thing was a set up they are neutralizing the middle eastern leadership before attacking Iran and then Russia and China get involved and here you have the WW3
Bob Chapman - China gets its Oil from Libya
Bob Chapman - A Marines Disquisition - 05-05-2011
Bob Chapman : we have Obama unmasked , besides the birth live certificate being a forgery , we have now this operation in Pakistan to kill Osama who was dead about ten years ago according to a pile of intelligence , this can't be this dumb ...there was no sign of fire fighting in the compound where Osama supposedly was living ...
Bob Chapman - The Green T Hour - 05-05-2011
Bob Chapman : united States has become a corporate fascist society , Americans are the dumbest people on the face of the earth , we are the laughing stock in the world ...The Pakistanis are in bed with the CIA
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The Green T Hour
Thursday, May 5, 2011
CME margin Silver Margin requirement Increases cause the silver price crash
Silver Margin Increases Shake Out Main Street 5/5/2011
Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.
busy market day after an enormous rally. silver selling off. the precious metal down bet tlaern 20% just since monday when margin requirements were raised. who is cashing in on this decline on silver ?margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
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)
Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.
busy market day after an enormous rally. silver selling off. the precious metal down bet tlaern 20% just since monday when margin requirements were raised. who is cashing in on this decline on silver ?margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
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)
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CME
High Frequency Trading in the Silver Market - Unsustainable! CNBC 5/5/2011
High Frequency Trading in the silver market .The paper games days are numbered too fast and it's just unsustainable for the markets to even control
Separating speculation from supply and demand, with Daniel Fisher, MBF Trading. . Daniel Fisher : this is so fast and so ridiculous, it's -- i can't even fathom these markets because when you watch silver move during the day, even if you're on the right side of the trade, the speed at which it's going on, it's unfathomable. i mean, the truth is these moves down, the corrections are all so overexaggerated by all the high frequency trading that ifru just slowed down we wouldn't see oil down 10 bucks today, wouldn't see brent trading down, you know, down below. Daniel, it's joe. when you talk about high frequently trading in the commodities space, people know about high frequency trading and stocks. how does it work in the futures mark? i mean, it's a similar deal. you have computers that are running each other in essentially. bidding and offering at the same time and they know when the large orders are coming so when you see a big sale in oil coming in, 100 lots, computers know they are coming and they essentially front run the order, and they front run each other and just run each other in. it's too fast and it's just unsustainable for the markets to even control.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Separating speculation from supply and demand, with Daniel Fisher, MBF Trading. . Daniel Fisher : this is so fast and so ridiculous, it's -- i can't even fathom these markets because when you watch silver move during the day, even if you're on the right side of the trade, the speed at which it's going on, it's unfathomable. i mean, the truth is these moves down, the corrections are all so overexaggerated by all the high frequency trading that ifru just slowed down we wouldn't see oil down 10 bucks today, wouldn't see brent trading down, you know, down below. Daniel, it's joe. when you talk about high frequently trading in the commodities space, people know about high frequency trading and stocks. how does it work in the futures mark? i mean, it's a similar deal. you have computers that are running each other in essentially. bidding and offering at the same time and they know when the large orders are coming so when you see a big sale in oil coming in, 100 lots, computers know they are coming and they essentially front run the order, and they front run each other and just run each other in. it's too fast and it's just unsustainable for the markets to even control.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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High Frequency Trading,
The Silver Market
Robert Kiyosaki I am long Gold and Silver since 1972
Robert Kiyosaki - Goldseek Radio 04 May 2011
Robert Kiyosaki : JP Morgan and HSBC have been manipulating the silver market for years they have been shorting the market , selling stuff they do not own and then they were buying other stuff with it , so now they have to cover their positions , that's why the CME raised the margins for silver ....when I look at gold and silver I do not care what the manipulators do , I look at the biggest manipulator of all which is the US Congress says Rich dad Robert Kiyosaki , when I look at 2010 - 2020 I look at the baby boomers trying to retire , that bill is bigger than the medicare and social security ...that's why I am long Gold and Silver since 1972 so my position are pretty big , I stopped buying silver around 17 dollars an ounce so I am in good shape , I am expecting the dollar to collapse , the middle class is about to be crashed ...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.
No Panic ! Time To Buy Silver CNBC 06/05/11
A Great time to buy physical silver.
busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
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:
CME
Silver Crashes, Gold slides, Dollar bounce, CME increases margins
The silver market has crashed from its near all of $50 an ounce. Silver has made a bull run from August of 2010 to April 2011. In that time frame silver has went form $18 to $50 silver.The CME raised margin requirements and the cost of a contract going forward will be $21,600 by doing so the drove all small speculators out of the silver market. This is a forced consolidation ,a temporary pull-back but a great opportunity to by physical and hold it for the long run
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)
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CME
Bob Chapman : the CME drove all the small speculators out of the Silver market
Bob Chapman - American Freedom Radio - 05-05-2011
Bob Chapman : The American administration The CIA the military are the laughing stock of the world I mean you should hear the comments that I hear from people all over the world either by email or from programs that I am on , it's a disgrace says Bob Chapman of the International Forecaster , how could anybody in his right mind buy american treasuries or agency securities and they are not , the FED is buying 80 percent of them , what's going on right now in the commodity market is an absolute disgrace the whole thing is rigged , what they did three days ago they raised the margin requirement on silver , they drove all the small speculators out of the marketMexico confirms Gold record purchase of 100 tonnes paid 4.4 bln dollars
The Banco de Mexico, confirmed yesterday Gold record purchase of 100 tonnes paid 4.4 bln dollars said in a statement it had bought in recent months , This represents about 4% of the world gold reserves , it is stated in the note pointing out that the deal''is part of the institution in the usual political issue with respect to investments and the diversification of assets.''According to the IMF, Mexico has purchased the gold by spending at least $ 4.3 billion.
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Mexico
Andrew Gause on The Silver CRASH
Andrew Gause monetary historian explains the silver crash , how the CME caused the collapse in the silver price , a lot of speculators decided to sell because they did not have the extra money the CME was requesting
Andrew Gause ,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.
Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future ofmoney
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)
Andrew Gause ,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.
Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future ofmoney
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)
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Andy Gause
Silver at $36 , Gold below $1500 ,This is market manipulation
Silver margin requirements raised, causing paper silver to be sold but physical silver is being sold for higher prices, silver will hit a bottom and then skyrocket back up higher than ever in history
Bob Chapman : gold and silver looking for a bottom now ,this is a definate attempt to rig the market ... you will see silver run back up next Monday ,...we are living in a corporate fascist society run by a bunch of Nazis , our government and Wall street are full of Nazis says Bob Chapman of the international forecaster they want virtually untouched profits free gain with no regulations no anti trust laws they want to do anything they want to do and as a result of that they create monopolies
Bob Chapman : gold and silver looking for a bottom now ,this is a definate attempt to rig the market ... you will see silver run back up next Monday ,...we are living in a corporate fascist society run by a bunch of Nazis , our government and Wall street are full of Nazis says Bob Chapman of the international forecaster they want virtually untouched profits free gain with no regulations no anti trust laws they want to do anything they want to do and as a result of that they create monopolies
The Gold Dinar behind the war in Libya ?
Could it be that the intentions of Gaddafi of introducing the Gold dinar and using it to sell his crude oil , could that been the real cause that triggered the war in Libya , Gaddafi was urging the African nations and the Arab league countries to introduce a unified currency backed by gold called the Gold Dinar , which will be used instead of the US Dollar in oil and commodities trade , that would have been a death sentence of the US Dollar which is backed by nothing . Libya has 144 tons of gold....
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)
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The Gold Dinar
Are you a Winner in this economy by Robert Kiyosaki
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.”
Robert Kiyosaki describes those who will win in the current economy. What type of characteristics should we look for as we seek to identify potential partners in business?
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.
Robert Kiyosaki describes those who will win in the current economy. What type of characteristics should we look for as we seek to identify potential partners in business?
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.
your money is worth less and less
Robert Kiyosaki : “... What I see more is like the Paso crisis of 1990, the Asian crisis and the Russian crisis. It’s happening right now. The dollar versus the Euro is 120 and going to 134. The world is saying your cash is trash. It’s good for the economy because it makes our products more affordable--- which is not bad, it’s just when you go over seas, and I remember when the Euro was 85 cents to one dollar and now it is 1.20 to a dollar; so that’s a 35 percent swing in less than two years – that’s massive! What this means is that you will have to start paying more to live because your money is worth less and less. That’s why I am in gold because the more Bush runs up the deficit, the richer I get because I am in gold. Gold was at 4.09 an once this morning, and I have a million and a half shares in one gold mining company and everyday it goes up a buck, I make another million and a half bucks – that’s leverage! You have to learn how to play both sides of the fence.”
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.
The Gold Standard Returns ?
After other countries abandoned the gold standard in the early days of the Great Depression, the Hoover administration stayed on in, even though doing so may U.S. goods less competitive. Franklin Roosevelt effectively abandoned the gold standard in 1933. He returned to a modified version of it the following year but with the price of gold raised to $35 per ounce. After WW2, the Roosevelt $35 price became enshrined in the Bretton Woods international monetary system until President Nixon ended that system in 1971.
Lewis Lehrman Former Reagan Monetary Policy Advisor explains why no matter how many billions of dollars Congress cuts from the federal budget, we won't fix our deficit until we return to the gold standard.inflation is a direct continuation of what's fundamental under a fiat currency model establishment where monies are printed with no backing.
Paper money is not just a mere userfriendly substitute for gold, like it is portrait to be and teached in schools; this is a dirty lie. Paper money is a means for power institutions (states, banks,..) to steal your valuables or fruit of your labor by imposing a fantasy trade item of wich the value they manipulate as they wish. They can do this because violence is inherent in this system and all of humanity is oppressed by these institutions. Yes the world has changed; now we all are slaves
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)
Lewis Lehrman Former Reagan Monetary Policy Advisor explains why no matter how many billions of dollars Congress cuts from the federal budget, we won't fix our deficit until we return to the gold standard.inflation is a direct continuation of what's fundamental under a fiat currency model establishment where monies are printed with no backing.
Paper money is not just a mere userfriendly substitute for gold, like it is portrait to be and teached in schools; this is a dirty lie. Paper money is a means for power institutions (states, banks,..) to steal your valuables or fruit of your labor by imposing a fantasy trade item of wich the value they manipulate as they wish. They can do this because violence is inherent in this system and all of humanity is oppressed by these institutions. Yes the world has changed; now we all are slaves
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)
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Lewis Lehrman,
The Gold Standard
$80 Silver Forecast - we are having a Healthy correction 5/4/2011
The price of silver has seen a dazzling surge of nearly 77% in the past 13 weeks but its fortune seems to have revered over the past few days. Analysts believe It's the demand for silver coins and bars, exchange-traded funds as well as futures and options contracts that has fueled the metal's price rise. After 4 margin hikes in less than 2 weeks Silver hasn't lost its long term luster.
Keep stacking physical .I think the fundamentals are there but am unsure how low it will go before it goes back up........it's down to $35.91 now and falling very fast as I write this. It's a massive correction but whatever anyone thinks, the price of the metal is stil ridiculously low.Silver pullback is a buying opportunity
Keep stacking physical .I think the fundamentals are there but am unsure how low it will go before it goes back up........it's down to $35.91 now and falling very fast as I write this. It's a massive correction but whatever anyone thinks, the price of the metal is stil ridiculously low.Silver pullback is a buying opportunity
Jim Rogers : I hope I am smart enough to buy more silver
Jim Rogers told CNBC this morning about the silver trade : "I do know that silver went up 25 percent in a month and that can’t last so that’ll have to come down," "I hope we have a pull-back, I hope it goes down for a while, it’ll be good for the market," "In 1987 stocks went down 30 to 40 percent, smart people went in a bought more. If it goes down I hope I’m smart enough to buy more 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)
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Jim Rogers
Wednesday, May 4, 2011
Bob Chapman gold and silver looking for a bottom now
Bob Chapman on Discount Gold And Silver Trading 04 May 2011
Bob Chapman : gold and silver looking for a bottom now ,this is a definate attempt to rig the market ... you will see silver run back up next Monday ,...we are living in a corporate fascist society run by a bunch of Nazis , our government and Wall street are full of Nazis says Bob Chapman of the international forecaster they want virtually untouched profits free gain with no regulations no anti trust laws they want to do anything they want to do and as a result of that they create monopolies
iShares Silver Trust (SLV) scam exposed
iShares Silver Trust (SLV) scam exposed
GET PHYSICAL iShares Silver Trust (SLV) scam exposed . BUY PHYSICAL ONLY ! Never trust banks with your physical metal.I knew this about the SLV (and GLD) but everyone should know this info!The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. Beautiful.To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. A year or two ago they changed the wording from "the trust holds silver" to "The trust is EXPECTED TO hold silver. Why the change?! It's almost like, you go to the vaults, and lo and behold they have aluminum bars (not silver) and the custodian and the trustee both said, "Well, gee, we EXPECTED them to be silver. Oh well. Too bad for you ... we put it in the prospectus, so don't say we didn't warn you
GET PHYSICAL iShares Silver Trust (SLV) scam exposed . BUY PHYSICAL ONLY ! Never trust banks with your physical metal.I knew this about the SLV (and GLD) but everyone should know this info!The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. Beautiful.To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. A year or two ago they changed the wording from "the trust holds silver" to "The trust is EXPECTED TO hold silver. Why the change?! It's almost like, you go to the vaults, and lo and behold they have aluminum bars (not silver) and the custodian and the trustee both said, "Well, gee, we EXPECTED them to be silver. Oh well. Too bad for you ... we put it in the prospectus, so don't say we didn't warn you
Banksters use CME to Drive Silver Prices Down
Silver Manipulation Escalates as Desperate Banksters use CME to Drive Prices Down , a great opportunity to buy the dip , this opportunity may never present itself again ... CME raises silver margin requirements for 4th time .Margin requirement in silver: you have to put $15,000 down to bet on 5000 oz of silver. So $15,000 controls $200,000 of silver.Raising the margin requirement means you have to put more money down as collateral before you can bet on 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)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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CME
Silver ETF Warning - SLV ETF PONZI scheme - 5/4/2011
"The major problem with all these ETFs is that this one is physically based so in essence what you have , you have a Ponzi Scheme ". CME raises silver margin requirements for 4th time .Margin requirement in silver: you have to put $15,000 down to bet on 5000 oz of silver. So $15,000 controls $200,000 of silver.Raising the margin requirement means you have to put more money down as collateral before you can bet on silver. There will be 2 prices for silver. The Physical price and the Paper price..choose wisely! Noel Archard, iShares managing director on the SLV Silver ETF, explains whether investors should be worried on silver's selloff today.
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SLV
Warning The SLV ETF PONZI SCHEME - CNBC 5/4/2011
Noel Archard, iShares managing director on the SLV Silver ETF, explains whether investors should be worried on silver's selloff today.There will be 2 prices for silver.. The Physical price and the Paper price..choose wisely!
Mexican Billionaire Carlos Slim Selling Silver
Mexican Billionaire Carlos Slim Selling Silver
here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.
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)
here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.
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)
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Carlos Slim,
Silver
Where to Buy Gold & Silver
Not only are the Silver Eagles and Maples Leafs Government minted bullion. They are also collector coins and have numismatic value. Really a win, win for investors with two ways to profit.Gold coins, bars, rounds & even jewelery are in a recognizable form and marked by an assayer so everyone knows exatly what it is - its like a guarantee. Sellers and buyers will know exactly what they are at a glance. Nobody will want to bother testing each flake to check that each one is real. That makes it a bad investment. the Maple leafs are .9999, very pure ,buy real silver and watch the news : JP Morgan will no longer exist because we the people buy gold and silver. JP Morgan is shorting silver, is NAKED shorting silver.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" I invest in bullion coins only (ASE's & Peace/Morgan dollars. I place no value of one particular coin over the others.
I see them as shares in a particular stock, the ASE's are 1st tier shares and the Peace/Morgans are 2nd tier.
I calculate their value as a whole, to find the "personal rate of return", just as a 401k would be calculated...
But I do have a single favorite, a very good condition Peace Dollar, This one coin I set aside from the others, she is flawless and beautiful.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" I invest in bullion coins only (ASE's & Peace/Morgan dollars. I place no value of one particular coin over the others.
I see them as shares in a particular stock, the ASE's are 1st tier shares and the Peace/Morgans are 2nd tier.
I calculate their value as a whole, to find the "personal rate of return", just as a 401k would be calculated...
But I do have a single favorite, a very good condition Peace Dollar, This one coin I set aside from the others, she is flawless and beautiful.
Dont Panic, Buy and Hold Physical Silver!!
Don't Panic, Buy and Hold Physical Silver !!
The manipulation in the silver market right know this is crazy. The price dropped almost 4 dollars in under 7 hours I have been watching the price since I got home from work about 3. The price went from 44. 21 to 40.60 in under 7 hours, the made 4 heavy drops hitting the 40.60 mark. We had 44.21 down to 42.52 from there down to 41.38 another big drop to 40.76 bottoming out at 40.60. Now it bounced around a little in between but sank fast. After it hit 40.76 it struggled back up to 41.83 before it bottomed at the 40.60 mark an hour and a half later I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don't not care you will see the truth about silver it is extremely hard to obtain physical right now. The U.S. mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz.
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 manipulation in the silver market right know this is crazy. The price dropped almost 4 dollars in under 7 hours I have been watching the price since I got home from work about 3. The price went from 44. 21 to 40.60 in under 7 hours, the made 4 heavy drops hitting the 40.60 mark. We had 44.21 down to 42.52 from there down to 41.38 another big drop to 40.76 bottoming out at 40.60. Now it bounced around a little in between but sank fast. After it hit 40.76 it struggled back up to 41.83 before it bottomed at the 40.60 mark an hour and a half later I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don't not care you will see the truth about silver it is extremely hard to obtain physical right now. The U.S. mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Physical Silver Shortage
Bob Chapman : Wall Street wants a monopoly situation
Bob Chapman - Disc Gold Silver Trading - 05-04-2011
Bob Chapman , we are living in a corporate fascist society run by a bunch of Nazis , our government and Wall street are full of Nazis says Bob Chapman of the international forecaster they want virtually untouched profits free gain with no regulations no anti trust laws they want to do anything they want to do and as a result of that they create monopolies
Peter Grandich Gold can get to $2000/oz and more
Host Tekoa da Silva speaks with Peter Grandich about his accurate call of a top in silver and gold within an hour . Silver price sharply dropped to $39 from its high of $49 last week , Peter Grandich is more bullish on gold than he is on silver for the long term , gold being a better monetary metal that is silver according to him...
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)
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Peter Grandich
Bob Chapman : this is the beginning of WW III
Bob Chapman - ONE RADIO NETWORK - 05-04-2011
Bob Chapman : The people who control the government control the news and it is a huge scam , Osmama was dead since December of 2001 and it was verified by several independent sources says Bob Chapman of the international forecaster...the CIA and MI6 control Al-Qaeda and Taliban ...this is the beginning of WWIII they want to take over Pakistan to use as a buffer zone against China and India....
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WW III
Gold and Silver Under Pressure
Jeffrey Christian, CPM Group :....we have been saying for some time we thought gold and silver could hit cyclical peaks in the bull market in the period march, April, may of 2011. it appears to us we are hitting our cyclical peaks. there could be more strength into june and july. this is a cyclical topping in our view and from a longer term perspective, gold and silver is extremely attractive. they'll be much more attractive in july and august if prices come off as we would expect.
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)
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Jeffrey Christian
Dollar Falls to Three Year Low - buy the silver Dip NOW
The dollar is crashing but the silver and gold prices are slumping too , this is definitely a great opportunity to buy the dip in precious metals they are set to shoot up in the coming weeks ...
Silver bullion at the cheapest - US Dollar Now Crashing
US Dollar Now Crashing & buy the silver Dip NOW! silver bullion is at the cheapest you may ever see it again, do NOT hesitate, get out and buy some more now! ...if you sit around and wait for it to go lower, you may be caught by surprise when it quickly rises back up again.
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)
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silver Dip
Tuesday, May 3, 2011
Bob Chapman explains how the Silver Market is manipulated
Bob Chapman the FED is owned by private banks some of them are foreign , and the government is controlled by the banks that own the FED , they want you to leave the physical market and go to the traditional paper market and SLV , GLD ....
Bob Chapman : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasury
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 : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasury
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Bob Chapman
Bob Chapman : JP Morgan Chase , City Group and Goldman Sachs own the FED
Bob Chapman - National Intel Report - FED - Silver Rebound - 05-03-2011
Bob Chapman : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasuryJohn Stephenson $60 Silver before year end 5/3/2011
John Stephenson sees $60 Silver before the end of the year , John Stephenson, First Asset Mgmt., says there could be more downside to go before the slide in silver ends but he is still bullish on silver matter of fact he sees Silver at $60 before the end of the year .Despite Silver sees its biggest drop in two years the fundamentals for an upside move on the long term are still there namely an excess of liquidity chasing the few commodities that are on 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)
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John Stephenson
Peter Schiff : now a good time to buy Silver
Peter Schiff : now it's a good time to buy Silver
Peter Schiff :...I would say that the moves over the last couple of weeks have been largely driven by speculators but overall the entire bull market NO , i mean it's driven by the fundamentals , Silver is not rising because there are speculators it's because silver is rising that's why there are speculators they are attracted to the bull market but they are not causing it , but certainly at a certain point speculators will add a volatility , we had a huge move up before this correction , it's hardly crashing I mean silver is at $40 dollars an ounce it's right back to its trend line , I think it's a good buy right now not only for long term holders like me , if you are a short term trader if you are fast money guy I do not think there is a lot left to this correction i think there is more upside now just to re catch the fifty level .....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Peter Schiff :...I would say that the moves over the last couple of weeks have been largely driven by speculators but overall the entire bull market NO , i mean it's driven by the fundamentals , Silver is not rising because there are speculators it's because silver is rising that's why there are speculators they are attracted to the bull market but they are not causing it , but certainly at a certain point speculators will add a volatility , we had a huge move up before this correction , it's hardly crashing I mean silver is at $40 dollars an ounce it's right back to its trend line , I think it's a good buy right now not only for long term holders like me , if you are a short term trader if you are fast money guy I do not think there is a lot left to this correction i think there is more upside now just to re catch the fifty level .....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Peter Schiff
Peter Schiff : the vast majority of the correction is now over in the silver market
Peter Schiff : now there is more upside potential than downside risk in the silver market , the vast majority of the correction is over
Peter Schiff : ...nothing goes up on a straight line silver had certainly gone ahead of itself the gold silver ratio was way in silver's favor in a very short period of time , so it makes sense that we have a pull back especially from a level like fifty ($50/oz) which was the record high going back to 1980 so it certainly makes sense that we got a pull back ..now the catalyst could have been Bin Laden but Peter Schiff doubts it that could be a coincidence a lot of time the markets look for any kind of catalyst to do what they want to do anyway and it's clear that a lot of speculators got 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)
Peter Schiff : ...nothing goes up on a straight line silver had certainly gone ahead of itself the gold silver ratio was way in silver's favor in a very short period of time , so it makes sense that we have a pull back especially from a level like fifty ($50/oz) which was the record high going back to 1980 so it certainly makes sense that we got a pull back ..now the catalyst could have been Bin Laden but Peter Schiff doubts it that could be a coincidence a lot of time the markets look for any kind of catalyst to do what they want to do anyway and it's clear that a lot of speculators got 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)
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Peter Schiff
John Stephenson still Bullish on Silver
John Stephenson, First Asset Mgmt., says there could be more downside to go before the slide in silver ends but he is still bullish on silver matter of fact he sees Silver at $60 before the end of the year .Despite Silver sees its biggest drop in two years the fundamentals for an upside move on the long term are still there namely an excess of liquidity chasing the few commodities that are on the market
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John Stephenson
Why The Gold, Silver Downside Slide ?
Precious metals Gold and Silver got pummeled today with gold and silver taking a sharp turn to the downside, with CNBC's Sharon Epperson.Silver still have an unbelievable potential to the upside says Michael Seery Emerging markets continue to buy silver as uncertainty hedge , the US dollar will continue to plunge that's a fact
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)
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Michael Seery
Bob Chapman on Discount Gold and Silver Trading 02 May 2011
Bob Chapman starts at around 04:04
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...
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...
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