SILVER. The sharp rise in the price of silver during 2010 is due to the result of a large increase in demand from both the industrial sector investment, as reported on the global report on silver and issued in these days.World demand, investment in the sector, grew by 40% last year, reaching 279.3 million ounces for a total of 5.6 billion dollars.The total demand in the industrial sector grew by 12.8% reaching the highest of the last 10 years to 878.8 million ounces in 2010.Silver has scored an average price of $ 20.19 per ounce in 2010, a level surpassed only in 1980 and well above the average of $ 14.67 in 2009. its strength is still continuing in the first months of 2011 with an average price of London gold fixing at $ 31.86 at the end of the first quarter.
Jason Schenker, president of Prestige Economics, talks about the outlook for gold and silver prices. Schenker also discusses industrial metals. He speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart."
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Tuesday, May 10, 2011
Physical silver market vs paper silver market
physical silver market and paper silver market are now two different markets. As is gold. No more tie. Never will again. Physical silver will continue to climb as scarcity becomes acute. Then what! Free for all. China sopping up all available physical silver. No limit to how much paper silver you can print. What can you do with it? Make paper airplanes I guess.
All roads seem to lead to Soros....the move in Silver and timing was done masterfully...silver will still return 18%-20% annually on average over the next 5 years at the minimum despite volatility and cartel attacks...sure beats the banks.
JPM JP Morgan Chase , HSBC are naked short on a 45 to one (nine to one is normal) Silver they are naked they can't deliver so they have decided they are gonna drive the price down as far as they could , and what they did , and here remember that Morgan is the biggest share holder in the Federal Reserve Bank , and HSBC Goldman Sachs Citi Group they're all involved , and they're the owners of the FED , they told the CME which owns the COMEX to raise margin requirements never in history have they raised them five times in nine days , now if that's not rigging the market I do not know what it is ...and I have been for 29 years in the brokerage business on top of that what they did is they called all the major commodity brokers and told them they wanted them to recommend that commodities be sold especially gold and silver , and to double the internal margin in their firms ....that wiped out every small investors in commodities and gold and silver and many of the middle sized ones and this is what they did one of the biggest market manipulations of all times , billions of dollars were lost ...The moral of the story is: if you own physical there is nothing they can do to you...the Federal Reserve as "Federal" as Federal Express can try all day to manipulate the price but Ben Bernanke is not going to be able to touch your personal stash. Now when you start playing the casino of silver paper contracts then you open yourself up to the whims of the banksters. I will never sell my physical stash.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
All roads seem to lead to Soros....the move in Silver and timing was done masterfully...silver will still return 18%-20% annually on average over the next 5 years at the minimum despite volatility and cartel attacks...sure beats the banks.
JPM JP Morgan Chase , HSBC are naked short on a 45 to one (nine to one is normal) Silver they are naked they can't deliver so they have decided they are gonna drive the price down as far as they could , and what they did , and here remember that Morgan is the biggest share holder in the Federal Reserve Bank , and HSBC Goldman Sachs Citi Group they're all involved , and they're the owners of the FED , they told the CME which owns the COMEX to raise margin requirements never in history have they raised them five times in nine days , now if that's not rigging the market I do not know what it is ...and I have been for 29 years in the brokerage business on top of that what they did is they called all the major commodity brokers and told them they wanted them to recommend that commodities be sold especially gold and silver , and to double the internal margin in their firms ....that wiped out every small investors in commodities and gold and silver and many of the middle sized ones and this is what they did one of the biggest market manipulations of all times , billions of dollars were lost ...The moral of the story is: if you own physical there is nothing they can do to you...the Federal Reserve as "Federal" as Federal Express can try all day to manipulate the price but Ben Bernanke is not going to be able to touch your personal stash. Now when you start playing the casino of silver paper contracts then you open yourself up to the whims of the banksters. I will never sell my physical stash.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Bob Chapman : The Americans are the laughing stock of the world
Bob Chapman on National Intel Report 10 May 2011
Bob Chapman : The United States is the laughing stock of the world , we are talking about the American citizens , the world thinks the United States Government is as evil as we think it is , and they hate them they hate the government not the people they think half of them are out of it and that's true , but half the people of every country are out of it so they come up with something like that it is just dumber than dumb , these people are illegal , we do have rules I mean if you go to another country you check in you get a visa you usually check in once a year tell them where you live what's your phone number is and that can go on indefinitely as long as you have money to support yourself...that does not happen in America people just go into the country cause they feel like itBob Chapman - National Intel Report - 05-10-2011
Bob Chapman start at 6:58
Bob Chapman : The United States is the laughing stock of the world , we are talking about the American citizens , the world thinks the United States Government is as evil as we think it is , and they hate them they hate the government not the people they think half of them are out of it and that's true , but half the people of every country are out of it so they come up with something like that it is just dumber than dumb , these people are illegal , we do have rules I mean if you go to another country you check in you get a visa you usually check in once a year tell them where you live what's your phone number is and that can go on indefinitely as long as you have money to support yourself...that does not happen in America people just go into the country cause they feel like it
Bob Chapman : The United States is the laughing stock of the world , we are talking about the American citizens , the world thinks the United States Government is as evil as we think it is , and they hate them they hate the government not the people they think half of them are out of it and that's true , but half the people of every country are out of it so they come up with something like that it is just dumber than dumb , these people are illegal , we do have rules I mean if you go to another country you check in you get a visa you usually check in once a year tell them where you live what's your phone number is and that can go on indefinitely as long as you have money to support yourself...that does not happen in America people just go into the country cause they feel like it
The Silver rises more than 8 percent this week
The Silver trade. It's driven by investment demand CNBC 5/10/2011
The Fast Money traders weigh in on whether you should buy silver now and which trades you should put down today.Silver looks like it has bottomed and it has started rising back up again after it fell last week on fund exits CME margin hikes in fact silver prices rises 8% this week .B.K. " I'm still long silver, both options and the SLV. I do think you can probably get in, at least on a third position here.you can you use 33 on the SLV as your stop. that way you have a defined risk, or can you just go with some upside calls maybe the 40 calls on the SLV, something like that, but I still believe in the silver trade. one, it's driven by investment demand which certainly came off with the margin increases, but there's a new mutual fund that's coming out that's going to be holding physical silver and inflation is not done both China and Brazil are raising wages, and that will lead to more inflation. "
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 : The HKMEx a way for investors to bypass the COMEX Monopoly
Bob Chapman - Silver Reality Check - 05-09-2011 :
Bob Chapman : well first of all they are small (The HKMEx) because they just starting out , but there are some big hitters in here big time traders and much of the buying silver commodities is coming out of Asia so they're quickly going to take 25 - 35 percent of the business away from COMEX , because the Asians are not going to trade on a rigged exchange if they can help it and so it gives them the avenue , and other people throughout the world will execute in that exchange as well and bypass the monopoly that is United States Government which controls CME and the Comex
Bob Chapman : well first of all they are small (The HKMEx) because they just starting out , but there are some big hitters in here big time traders and much of the buying silver commodities is coming out of Asia so they're quickly going to take 25 - 35 percent of the business away from COMEX , because the Asians are not going to trade on a rigged exchange if they can help it and so it gives them the avenue , and other people throughout the world will execute in that exchange as well and bypass the monopoly that is United States Government which controls CME and the Comex
American Buffalo Gold Bullion Coins
American Buffalo Gold Bullion Coins are the first .9999 fine 24-karat gold coins ever struck by the United States Mint at West Point.This 24-karat .9999 fine bullion coin was introduced in 2006 as the US Mint’s first pure gold coin for public sale as an investment product, and has been issued intermittently since .$50 coins that each contain one troy ounce of the purest gold available in any coin shop or online . Buffalo Gold Bullion – The First 24-Karat Solid Gold Bullion Coin From The United States Mint
According to the official U.S. Mint press release on June 20, 2006:
"This American Buffalo Gold Coin will appeal to both investors who choose to hold gold and to others who simply love gold," said Deputy Director David A. Lebryk during the ceremonial striking at the United States Mint at West Point, where the coins are being produced. "These classic and beautiful American Indian and buffalo designs by James Earle Fraser [a student of Augustus Saint-Gaudens], which have been American favorites since they were first used in 1913, recall a golden age of coin artistry."
According to the official U.S. Mint press release on June 20, 2006:
"This American Buffalo Gold Coin will appeal to both investors who choose to hold gold and to others who simply love gold," said Deputy Director David A. Lebryk during the ceremonial striking at the United States Mint at West Point, where the coins are being produced. "These classic and beautiful American Indian and buffalo designs by James Earle Fraser [a student of Augustus Saint-Gaudens], which have been American favorites since they were first used in 1913, recall a golden age of coin artistry."
Is This 1980 all over again for Silver ?
Some people may think : this is just like 1980 all over again and that silver price will now collapse just as it did in 1980. In 1980 silver prices rose to a height of $48.70/oz from their normal price of $5/oz.Silver prices increased ten times their previous levels.There was a was high fuel costs and terrible inflation. People wanted to change their paper money into hard assets like silver. This started driving prices up and up. At the same time the Hunt brothers, oil tycoons from Texas, bought two hundred million ounces of silver options and futures. This caused terrible shortages and drove prices sky high.The brothers were estimated to hold one third of the entire world supply of silver.But on January 7, 1980, came the response of The COMEX the exchange rules regarding leverage were changed , The COMEX adopted "Silver Rule 7" placing heavy restrictions on the purchase of commodities on margin . As a consequence The price of Silver dropped 50% in just four days , The Hunt brothers who had borrowed heavily to finance their purchases, lost one Billion dollars (but their fortune survived) , Does not this look so similar to what happened last week with the CME raising the margin requirements 5 times in nine days ? , the truth is that the amount of money the FED have printed up since 1980 is ten times higher, so if we adjust for inflation, the peak price from 1980 should be more like $500/oz. in today's dollars and not just $49 . What this tells us is that silver is still very very undervalued and as Mike Maloney told Max Keiser in an interview this morning "silver has yet to exceed its 1980 High we came within a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !?"
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk the Euro wont survive the Dollar
James Turk on how strong is the Euro ? : I want to evaluate each of these 7 points between the dollar and the Euro , number one gold prices rising , it's rising in dollar terms and it's rising in Euro terms and keep in mind to when I am talking about the dollar , what is backing the Euro , you have a little bit of GOLD in the ECB , if it hasn't been loaned out , we do not know much it has been loaned out because the ECB does not disclose that information ...eliminating the old from there what else is backing the EURO ? The DOLLAR , if the US Dollar goes into the black hole the gravitational pool will eventually pull the Euro with it , that's my basic premise ...it might not happen right away , it might take few weeks or few months but unless the Euro creates its own policy separate from the state of the US Dollar , if the US dollar goes into the black hole the gravitational pool will pull the Euro with it .....
silver has yet to exceed its 1980 High , can you name one thing on this planet that is still selling at a discount to its 1980 price
Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came within a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? ...
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Bob Chapman : The HKMEx will end the COMEX Monopoly
Bob Chapman - RADIO LIBERTY - 05-09-2011
Bob Chapman : so what has happened is the CME which controls the COMEX , they increased margin requirements for those who are on margin because they borrow money to buy their positions and the margin was about $9500 they jacked it up 5 times ...they were successfully able to arbitrary blowing all the small and medium size players out of the market , it was total manipulation ...the Hong Kong Mercantile Exchange is going to end the COMEX Monopoly
Mike Maloney on The Silver Sell-Off
Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came whthin a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? ...
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
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)
Monday, May 9, 2011
Jim Rogers : we are in a major secular bull market in Commodities
Jim Rogers : "..well, I own commodities. we're in a major secular bull market which has several more years to go. there'll be setbacks just as we saw last week, but don't worry." in CNBC
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
HKMEx a new alternative for the COMEX
The Hong Kong mercantile Exchange HKMEx starting next Wednesday the 18th they are going to start trading 1 kilo gold futures a kilo is 32 ounces and you will be able to get delivery and they are going to probably take at least for openers 20 to 30 percent of the business away from the COMEX...from now on and with the HKMEx in business it will be more difficult for the COMEX to rigg the market and manipulate the prices of gold and silver
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Bob Chapman : the Honk Kong mercantile Exchange HKMEx is starting soon
BOB CHAPMAN - Gonob Radio - 9/MAY/2011
Bob Chapman : Silver and gold have bottom , and even if they did not it does not matter because you know what's coming up the Honk Kong mercantile Exchange HKMEx next Wednesday the 18th they are gonna start trading 1 kilo gold futures a kilo is 32 ounces and you will be able to get delivery and they are going to probably take at least for openers 20 to 30 percent of the business away from the COMEX...
Gold Silver and Oil Basing? 5/9/2011
Gold Silver and Oil Basing? Andy Busch, BMO Capital Markets and the Fast Money traders weigh in on which trades you should put down today.
stocks at the highs of the day as commodities lead the way. oil and silver rebounding. oil passing that $100 level in the middle of the day. pete, are you a buyer? i think we were all looking for some sort of a base after that huge dramatic pullback last week. we talked about that -- some of that double short in silver. when you look at some of these, you start to finally see some folks who said, enough is enough, maybe we've reached the lower ends and we're going to pause on the downside. the margins, liquidation, putting the pressure on the commodities. we have to see the rest of the week.
stocks at the highs of the day as commodities lead the way. oil and silver rebounding. oil passing that $100 level in the middle of the day. pete, are you a buyer? i think we were all looking for some sort of a base after that huge dramatic pullback last week. we talked about that -- some of that double short in silver. when you look at some of these, you start to finally see some folks who said, enough is enough, maybe we've reached the lower ends and we're going to pause on the downside. the margins, liquidation, putting the pressure on the commodities. we have to see the rest of the week.
Gold rebounds over $1,500, Silver Rises 3%
Gold and Silver regain strength . Gold and Silver rise in the Asian markets this Monday. The yellow metal gained 0.6% to $ 1,504.80 an ounce. Silver rose alongside the gold by by 2.9% to $ 36.31 an ounce.Despite last week’s sell-off, very little has changed in terms of fundamentals which remain rock solid for both Gold and Silver , most experts expect to see more upward moves for gold and silver prices in the coming weeks and months .Silver went into a free-fall last week after a series of increases in trading deposit requirements by the CME .
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 : The Chinese decided to do something about the Gold Futures market
Bob Chapman - Disc Gold Silver Trading - 05-09-2011
Bob Chapman : The Chinese and the Asians sick of getting the short end have decided to do something about it in the futures market particularly Gold ...the government via the CME which owns the COMEX futures market they try to do the same thing as they did in the bank hank in 1980 and it's not possible and this is a recap , what they did is they raised margin requirements five times in nine days , highly unusual , ....
James Turk Compares Gold to 9 major Currencies
James Turk Compares Gold's annual rate of exchange against 9 major currencies
James Turk Compares Gold's annual rate of exchange against 9 major currencies : The US Dollar the Canadian Dollar the Australian Dollar the Chinese Yuan The Euro , The Indian Rupee The Japanese Yen The Swiss Frank and the British Pound ....Gold is without a doubt one of this decade's best performing asset classes ...very few years in this table when gold actually lost value against any of these currencies , we had double digits rates of appreciations against all of the world's currencies ...this is a very simple way of preserving your purchasing power just hold GOLD...this rates of appreciations are going to continue...Gold is not volatile , the volatility comes from the currencies...gold is not investment Gold is Money
James Turk Compares Gold's annual rate of exchange against 9 major currencies : The US Dollar the Canadian Dollar the Australian Dollar the Chinese Yuan The Euro , The Indian Rupee The Japanese Yen The Swiss Frank and the British Pound ....Gold is without a doubt one of this decade's best performing asset classes ...very few years in this table when gold actually lost value against any of these currencies , we had double digits rates of appreciations against all of the world's currencies ...this is a very simple way of preserving your purchasing power just hold GOLD...this rates of appreciations are going to continue...Gold is not volatile , the volatility comes from the currencies...gold is not investment Gold is Money
Unfair Advantage by Robert Kiyosaki - Book Summary
Launched in 31th March 2011, Robert Kiyosaki “An Unfair Advantage: The Power of Financial Education” latest book : An unfair advantage is learning how to create infinite returns. That is to continually acquire assets that grow in value and reinvest the returns into buying more assets and so on so that you become richer every year, about a year ago , Robert Kiyosaki has already filmed a documentary with the same title An unfair advantage and has received worldwide exposure
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.
Robert Kiyosaki Is Predicting A $6,000/oz. Silver In The Next Few Years
Due to decades of industrial consumption depleting world inventories, there is remarkably little silver remaining above ground . Most people still have no clue about the potential for the silver metal price.Robert Kiyosaki made the following future silver price prediction of $6,000 during an interview on FTM Daily in November. An estimated one billion ounces of silver bullion equivalent exists above ground today that is shockingly small amount of silver especially when you compared to the amount of money and credit in the world trillions and trillions dollars will be chasing silver bullion
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)
How to buy Junk Silver
Junk Silver is one of the most overlooked investment opportunities for those who wish to invest in precious metals such as gold or silver . this video Describes pre 1965 us coins and how they are priced .Many times coin shops haven't updated the junk coins reflecting the new spot price... which means you'd be buying them for a discount now-a-days... . Silver coins minted before 1965 are guaranteed to have 90% silver content which means $1.40 face value combination contains 1 once of silver - which has been trading between $25 to $30 dollars
The value of silver coins change with the price of silver just as they do with silver bullion coins because of the metal. The price of silver can be checked on the Regal Assets website. If you are looking to buy silver coins, then you may want to consider a bag of junk silver coins.
The value of silver coins change with the price of silver just as they do with silver bullion coins because of the metal. The price of silver can be checked on the Regal Assets website. If you are looking to buy silver coins, then you may want to consider a bag of junk silver coins.
Bob Chapman : Silver price setting a bottom here
Bob Chapman - Power Hour - 05-09-2011
Bob Chapman the alleged assassination of Osama could be a set up for a false flag attack Bob Chapman does not believe that this had anything to do with the recent silver market crash , which have been caused by the CME which raised the margin requirements 5 times in nine daysSilver a volatile Market
Russ Koesterich,of BlackRock iShares Group says : " silver, unlike gold, does have industrial demand. about 50% of demand for silver comes from industries. industries like photography. that saidance there's no evidence, a spike in demand or significant contraction and supply. most of the moves, particularly in the last few months, is mostly investment driven. " "going back 30 or 40 years there's been a stable relationship between silver and gold. silver historically is 1/55th the cost of gold. silver got to the to 1/30 the cost of gold. even today coming down 30%, it's trading about 1/40 of an ounce of gold. still very expensive by historical standards"
Silver, Gold on Steroids
Silver is a very small market cap in terms of value With about 1.2 billion ounces of available investment silver at this prices it is around 35 billion dollars market so it doesn't take much to set prices higher or lower, Ben Davies, CEO of Hinde Capital, told CNBC. In the end, both gold and silver will, in the long term go up, he explains , we are looking at a 100 to a 150 millions ounces of deficit a year which means that prices have to go higher based on the supply demand fundamentals for silver , a double digit price for silver is realistic for the next 5 years says Ben Davies
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)
Sunday, May 8, 2011
Bob Chapman : The Government Orchestrated The Silver Sell-Off
Bob Chapman : we got a corporate fascist government a dictatorship , they do what they want , there is only gold and silver related assets where you can put your money into , there is nothing else , eventually the stock market and the bond market is going to go down ...when you find a bottom you buy some more ...
Selling scrap gold could also be an interesting venture in this economic environment. With the current high price of this commodity, it is an ideal time to make the most of it by going through a reputable gold exchange.
Reasons to Be Bullish on Silver
Silver is a MUST for a modern Hightech economy
Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters
But Silver is also KEY to Technology
Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!
Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.
I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.
So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)
Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.
How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?
Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.
This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 an ounce.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters
But Silver is also KEY to Technology
Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!
Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.
I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.
So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)
Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.
How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?
Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.
This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 an ounce.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Reasons to Be Bullish on Silver
Reasons to Be Bullish on Silver . Silver is a MUST for a modern Hightech economy
Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters
But Silver is also KEY to Technology
Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!
Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.
I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.
So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)
Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.
How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?
Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.
This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 an ounce.
Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters
But Silver is also KEY to Technology
Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!
Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.
I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.
So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)
Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.
How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?
Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.
This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 an ounce.
Silver eagle coins
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver In this difficult economic time and the debasement of the dollar by the FED , there is a rush for real assets to use against inflation, especially gold and silver bullion. Everyone is looking for a place to buy, sell or invest in gold and silver. Gold and silver and precious metals that are increasingly seen asreal money instead of the dollar which has no intrinsic value and is only a currency .The Silver American Eagle is America's only official investment-grade silver bullion coin. It is also the world's only silver bullion coin whose weight, content and purity are guaranteed by the U. S. Government.Since the American Silver Eagle's initial production in 1986, they were available in proof and mint state varieties and starting in 2006, burnished strikes became available as well. The United States Mint produces proof versions of American Eagle Bullion coins for collectors.
Keep the faith in silver
keep faith in the silver market the fundamentals are still there , the shortage is still there , and the FED is still debasing the dollar despite all the manipulation and rigging the future for the silver is bright , and there is one way and one way only where the silver price is heading and that is up up and up , I hope you take advantage of this pull-back and purchase more physical silver , you may never see those low prices again....keep stakin folks...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Mike Maloney explains the Silver Pull-back
Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney
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 - USA Prepares Economic Survival 101 May 4, 2011
USA Prepares interviews world-renowned economic trend forecaster Bob Chapman
Fidel Castro and Chavez are two of Bob Chapman's newsletter subscribers
Bob Chapman : in August the 15th 1971 the United States government decided that they are going to go off the gold standard and when that happened the fiscal spending became what one might call promiscuous , they started creating more money than they had coming in ...the real cause of inflation is the federal reserve system which is privately owned....
Fidel Castro and Chavez are two of Bob Chapman's newsletter subscribers
Bob Chapman : in August the 15th 1971 the United States government decided that they are going to go off the gold standard and when that happened the fiscal spending became what one might call promiscuous , they started creating more money than they had coming in ...the real cause of inflation is the federal reserve system which is privately owned....
Andy Gause : 50 percent of the Silver Market was speculators
Andy Gause - Jeff Rense 06 May 2011
Andy Gause : 50 percent of the Silver Market was speculatorsAndy Gause : the CME changed the rules and they changed them 5 times ..50 percent of the Silver Market was speculators...JP Morgan is short 200 million ounces , many people who thought they owned silver turned out they own nothing and the money is gone....
Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Saturday, May 7, 2011
When to sell your silver and gold bullion ? Bob Chapman
When is the right time to sell your silver and gold bullion....Bob Chapman
the answer is Never , do not ever sell your bullion unless you really have to , you may end up one of the richest people around , remember the stock market can crash , but gold and silver will never crash to zero , most likely the value of bullion will increase exponentially with time . just go long and stay long . When you have gold and Silver bullion you are in the safest place to be , there is no other place where you could be safer
the answer is Never , do not ever sell your bullion unless you really have to , you may end up one of the richest people around , remember the stock market can crash , but gold and silver will never crash to zero , most likely the value of bullion will increase exponentially with time . just go long and stay long . When you have gold and Silver bullion you are in the safest place to be , there is no other place where you could be safer
Mike Maloney : Silver is a Roller coaster of a ride
Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney
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)
Central Banks prefer Gold to US Dollars
The gold returns to the vaults of central banks, who after two decades have returned to buy the precious metal with both hands, After all, gold has reached record highs this year, in response to the sharp depreciation of the dollar, which until now has been the preferred asset in central bank reserves, and the loss of attractiveness of Treasuries.
The latest figures from the IMF on the reserves of central banks confirm a change in the Central banks policies worldwide. At the forefront is the Mexican bank, which bought 93.3 tons of gold in March, followed by Russia and Thailand. These three countries carry a total of their reserves of gold in value to 6 billion dollars.
But the fate of the gold is not marked and if someone suggests a rise to the level of the precious record of two thousand dollars an ounce, the financial community remains deeply divided. And so it stands a wall between the bride and gold seekers and disenchanted. Among the first is the multi-millionaire John Paulson, hedge-fund manager of the same name, which does not hesitate to declare that gold will go up to $ 4000 an ounce !
On the other side of the wall there is George Soros, who gambled twice on the fall of the British pound , becoming a skilled businessman to the rank within the fold of the international financial community. Well, this time Soros has bet against gold, selling large quantities of the precious metal, because, he says, you see less risk in deflation. In fact, while the whole world bought gold to protect themselves from inflation, Soros Fund Management does it for the opposite risk, protected by a persistent decline in consumer prices.
Already in September Soros has been calling the gold the "last bubble" of speculation, but then he was building his wealth in the precious metals , but now he seems to have decided to follow an opposite strategy.
Who will win ? Some have argued that what appears to be a difference of views is just a different modus operandi, given the fact that the financial arm of Soros moves with greater speed and strength in the market, with the possibility of a quick turnaround. That the gold at this point is subject to correction is not in doubt, but what remains to be seen is for how long will it still shine ...
The latest figures from the IMF on the reserves of central banks confirm a change in the Central banks policies worldwide. At the forefront is the Mexican bank, which bought 93.3 tons of gold in March, followed by Russia and Thailand. These three countries carry a total of their reserves of gold in value to 6 billion dollars.
But the fate of the gold is not marked and if someone suggests a rise to the level of the precious record of two thousand dollars an ounce, the financial community remains deeply divided. And so it stands a wall between the bride and gold seekers and disenchanted. Among the first is the multi-millionaire John Paulson, hedge-fund manager of the same name, which does not hesitate to declare that gold will go up to $ 4000 an ounce !
On the other side of the wall there is George Soros, who gambled twice on the fall of the British pound , becoming a skilled businessman to the rank within the fold of the international financial community. Well, this time Soros has bet against gold, selling large quantities of the precious metal, because, he says, you see less risk in deflation. In fact, while the whole world bought gold to protect themselves from inflation, Soros Fund Management does it for the opposite risk, protected by a persistent decline in consumer prices.
Already in September Soros has been calling the gold the "last bubble" of speculation, but then he was building his wealth in the precious metals , but now he seems to have decided to follow an opposite strategy.
Who will win ? Some have argued that what appears to be a difference of views is just a different modus operandi, given the fact that the financial arm of Soros moves with greater speed and strength in the market, with the possibility of a quick turnaround. That the gold at this point is subject to correction is not in doubt, but what remains to be seen is for how long will it still shine ...
David Morgan : the dollar as any other FIAT currency is going to collapse
David Morgan ..what's happening is reflective of the currency problems the dollar particularly cause it is still the reserve currency of the world , Silver is under fire for quite sometime increasing by almost a buck or more a day David Morgan explains , uncertainty in the market distrust of the US dollar are going to propulse gold and silver prices even higher , the dollar as any other FIAT currency is going to collapse, what is worrisome is that the US Dollar is the world's reserve currency ...David Morgan, the Silver Guru of Silver-Investor.com weighs in on the gold/silver ratio, fiat currency, inflation and a host of other related issues.this interview was done when the Silver price was hovering around the $50 an ounce ....
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)
Robert Kiyosaki : the Industrial Age vs the Information Age.
Robert Kiyosaki : “It’s two different stories and that is what is so hard for people. The industrial age, the older you got the more valuable you became and in the information age the older you get the less value you become. So, the idea that you are going to get a perpetual pay raise is an obsolete idea. In the industrial age there is a lot of scarcity, in the information age, there is abundance. If I share an idea, I have it and you have it. The Information Age is extremely abundant, but the trouble with the Information Age, is that it’s wiping out a lot of people because there is not the traditional job and payroll stuff anymore.”
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.
Bob Chapman - World War III has already begun
Bob Chapman - Corbett Report - 05-06-2011
Bob Chapman : the war in Libya was started because of the high quality oil that Libya has its gold reserves and its acquafires and also its relations with China and the fact tha Gaddafi refused to join the Africom , there is an excellente possibility that Word War 3 has already begun says Bob Chapman of the International Forecaster...
Bob Chapman explains the Silver Market Crash
Bob Chapman explains the Silver Market Crash : ...here is what happened JPM JP Morgan Chase , HSBC are naked short on a 45 to one (nine to one is normal) Silver they are naked they can't deliver so they have decided they are gonna drive the price down as far as they could , and what they did , and here remember that Morgan is the biggest share holder in the Federal Reserve Bank , and HSBC Goldman Sachs Citi Group they're all involved , and they're the owners of the FED , they told the CME which owns the COMEX to raise margin requirements never in history have they raised them five times in nine days , now if that's not rigging the market I do not know what it is ...and I have been for 29 years in the brokerage business on top of that what they did is they called all the major commodity brokers and told them they wanted them to recommend that commodities be sold especially gold and silver , and to double the internal margin in their firms ....that wiped out every small investors in commodities and gold and silver and many of the middle sized ones and this is what they did one of the biggest market manipulations of all times , billions of dollars were lost ...
Bob Chapman : JP Morgan Chase did one of the biggest market manipulations of all times
Bob Chapman : here is what happened JPM JP Morgan Chase , HSBC are naked short on a 45 to one (nine to one is normal) Silver they are naked they can't deliver so they have decided they are gonna drive the price down as far as they could , and what they did , and here remember that Morgan is the biggest share holder in the Federal Reserve Bank , and HSBC Goldman Sachs Citi Group they're all involved , and they're the owners of the FED , they told the CME which owns the COMEX to raise margin requirements never in history have they raised them five times in nine days , now if that's not rigging the market I do not know what it is ...and I have been for 29 years in the brokerage business on top of that what they did is they called all the major commodity brokers and told them they wanted them to recommend that commodities be sold especially gold and silver , and to double the internal margin in their firms ....that wiped out every small investors in commodities and gold and silver and many of the middle sized ones and this is what they did one of the biggest market manipulations of all times , billions of dollars were lost
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 Silver Crash - caused by manipulation not The Market
Silver has declined significantly this week in response to equity requirement hikes in commodities margin accounts. This has triggered a massive margin call wave resulting in heavy liquidations. The tightening of trading credit will effectively quell inflation, even in the face of a rising debt limit and possible default on US bonds, and may revitalize the economy.They just raised the margin on silver...that tell me that they are afraid of silver. It tells me that silver is good, but physical. Asia do not buy the paper fraud they are accumulating physical, Westerners' do the same thing!!!!!! 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..
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)
Bob Chapman - Real News Radio - 05-07-2011
Bob Chapman - Real News Radio - 05-07-2011
Bob Chapman : Osama died 10 years ago Benazir Bhutto who was a CIA operative said it in an interview with aljazeera , they want to make Obama look good and improve his rating , it could also be used for another false flag attack to be blamed on Iran and be used as an excuse to attack Iran...
Bob Chapman : Osama died 10 years ago Benazir Bhutto who was a CIA operative said it in an interview with aljazeera , they want to make Obama look good and improve his rating , it could also be used for another false flag attack to be blamed on Iran and be used as an excuse to attack Iran...
Jim Sinclair : Gold to hit $3,000-$5,000 by June 2011?
Jim Sinclair, "I will stand with what I have said for nearly 10 years. Gold will trade at $1650 on or before January 14th, 2011. That never made me want to buy expensive in time call options." The gold banks are throwing blocks to the price as we approach $1262. This is a major waste of time and money as gold is going to and through that price. The only argument is whether gold will hit $1650 in January 2011 or $3000-$5000 in June 2011.
Jim Sinclair, who called the top of gold in 1980, unwound the Hunt Brother's silver position, and says we are headed towards a world currency.
Jim Sinclair, who called the top of gold in 1980, unwound the Hunt Brother's silver position, and says we are headed towards a world currency.
Mexico sells US dollars and buys gold bullion
The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9
Gold Fever - California Cat finds large GOLD Nugget !
Cat Ivan has been mining gold nuggets for some time, this one was the most precious of them all 9.9 ounces of Gold that's fantastic .Europeans flocked to California from all over to strike it rich from the gold rush.the California Gold Rush from 1848-1853
Jim Cramer : Gold is a currency not a commodity
Jim Cramer : Silver Silver Silver that's all anybody seems to be interested in everywhere i go. it's the hot button on twitter @jimcramer. holy cow, check that out. it was the major focus of panel i was in new york city last night about precious metals. it's what i hear in the street and it's in my e-mail box constantly. first, let me just say when it comes to precious metals, i like gold. I've liked gold for ages. and I'm not changing my posture now. i think it's a currency, not a commodity. thing is a demand and not enough supply. when demand soars, particularly from central banks. we learned mexico is buying. while supplies stay the same, prices go through the roof. you know my order preference. i like bullion the most, then the gld, the gold etf, what it trades at. and only after that would i go for the stocks of the gold minors. my favorite is goldcorp gg for you home gamers. we heard from last night. a good story. since i like gold, i haven't felt the need to get behind silver because as my friend tom caplan, a legendary metal investor put it silver is gold on steroids. I've got enough problem with the volatility of gold whom. needs silver. you disagree? look at the monumental collapse in this metal. silver is a poor man's gold with industrial exposure they don't need at this point in the cycle. even worse, silver has been overrun by day traders using ETFs. and that makes it too hard to game or even speculate on where the price will be a day from now, let alone a week or a month or year. so my bottom line on bimetallism is this. i like gold. silver is too hot to handle. i'm simply taking a pass. stick with gold. don't crucify your portfolio on a cross of silver. stick with Cramer.
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 : the treasury department is rigging the market
Bob Chapman - Sovereign Economist - 05-04-2011
Bob Chapman : the treasury department is rigging the silver marketBob Chapman : you are dealing with a corporatist fascist government these people from both parties who are paid off , 95% of them are eating and bedding with a group of criminals in a crime syndicates who are nazis this is what you are dealing with ....now what the treasury department did is they had their callers call all the companies that do commodities and brokerage firms and they told them we want you to tell anybody to sell their commodities gold and silver and as well we want you to double the margins that we set up through the CME which is the COMEX and they did it , so we had a wave of selling starting at $44 an ounce of silver down to $41 , this is a conspiracy , they are rigging the market
Steve Quayle : the silver market is getting ready to explode in June
Steve Quayle : I want to say something about silver , there is a massive undertaking going on the paper market which is not representative of the physical market according to Cliff High of halfpassthuman (Webbot project) we are going to see in June forward gold and silver prices are going to go beyond anything occurred in may , now the reason for that is that silver is going to come into a whole new use for the new electrics which China is leading the forefront in background so ladies and gentlemen those of you who have purchased silver even at the highest prices hold on because you have not seen anything yet and according again to some people I am talking to there is a massive disinvestment in the ETFs. Steve Quayle & Dr Steve Pieczenik Survive To Thrive Broadcast 05/05/2011 , this is all a paper manipulation please be patient if you have spent any money on silver you will be rewarded ....the silver market is getting ready to explode
Friday, May 6, 2011
Bob Chapman on Discount Gold and Silver Trading 06 May 2011
Bob Chapman on Discount Gold and Silver Trading 06 May 2011
Bob Chapman : we had five increases in the margin requirements , that is unprecedented , 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
Bob Chapman : we had five increases in the margin requirements , that is unprecedented , 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
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