Friday, May 13, 2011
Bob Chapman - American Freedom Radio - 05-12-2011
Bob Chapman , The International Forecaster discussed various issues during the first hour of the Thursday May 12, 2011 episode of the Freedom Files with James Burns Radio Show. - American Freedom Radio - 05-12-2011
John Embry & James Turk on the Physical Silver Shortage
John Embry Chief Investment Strategist at Sprott Asset Management discusses the recent correction in the silver price with James Turk, Director of the GoldMoney Foundation: ....I think the rise to the recent $50 peak believe it or not was justified and it is funny when you read the main stream press everybody is talking about bubbles and how big the crash is going to be , they would not seem to understand the fundamentals I think the fundamentals of silver are impeccable , the fact that we are going through a tough crash is not surprising it's a paper driven COMEX sponsored correction and it's to be expected , I mean if you have been involved in silver market as long as we have at Sprott we're used to these things they are not fun but it is another buying opportunity ... The paper market probably drives the prices most of the time when the physical takes over is when the physical shortage takes place and what's going on right now is very clearly there is a massive short position in...
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
John Embry & James Turk - why you should own Gold and Silver in your portfolio
John Embry Chief Investment Strategist at Sprott Asset Management discusses the recent correction in the silver price with James Turk, Director of the GoldMoney Foundation: ....I think the rise to the recent $50 peak believe it or not was justified and it is funny when you read the main stream press everybody is talking about bubbles and how big the crash is going to be , they would not seem to understand the fundamentals I think the fundamentals of silver are impeccable , the fact that we are going through a tough crash is not surprising it's a paper driven COMEX sponsored correction and it's to be expected , I mean if you have been involved in silver market as long as we have at Sprott we're used to these things they are not fun but it is another buying opportunity ... The paper market probably drives the prices most of the time when the physical takes over is when the physical shortage takes place and what's going on right now is very clearly there is a massive short position in...
Gold May Rise to $2,000 says Eric Sprott
As investors continue to buy gold prefering it to paper money the price may go as high as $2000 before the end of this year says Eric Sprott Chairman, Chief Executive Officer & Portfolio Manager of Sprott Inc . Gold will rise by at least 17% this year, Sprott said today in an interview during the New York Hard Assets Investment Conference. The metal averaged $1,228.45 an ounce last year on the Comex in New York and ended 2010 at $1421.40.
“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.”
“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.”
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)
Steve Forbes promotes a return to the Gold Standard
Steve Forbes promotes a return to the Gold Standard if this happens, gold will have to be revalued to make up for all the dollars printing into existence, gold will go to 15k an ounce easily!!! Gold is true money, Money= a storage of wealth which is portable, scarce/rare, does not spoil or tarnish, and retains its value if not increase in value over long periods of time which would keep prices down.it also has intrinsic value."China moving in the right direction" China has plastic money backed by silver. Yeah this is totally better than having brass and zinc money backed by gold.
End the Fed
Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.
H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act
End the Fed
Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.
H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act
Thursday, May 12, 2011
John Embry : why you should own physical Gold and Silver
John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligeable if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon
Wednesday, May 11, 2011
Robert Kiyosaki : Gold and Silver are pretty safe bets
Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...
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
John Embry & James Turk - U.S. Dollar on Death Row
John Embry Chief Investment Strategist at Sprott Asset Management believes that the days of the dollar are numbered : I do I look at things mathematically he says , when I look at the budget deficit for example you reach the stage now where expenditures are twice as much as revenues , they are taking in less than 50 percent of what they're spending anytime you seen that in history that mean you by pass the point of no return so I find these debates of how much spending and cuts they gonna have or tax rise or sort of deals budget deficit problems kinda factious because I think they have reach the state in which they can do nothing but monetize to debt because they can't crack it - U.S. Dollar on Death Row
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)
Gold, Silver Futures Slump in New York as Dollar Strengthens Against Euro
Another bad day today for the precious metals , The price of silver losing a further 8%, gold sinking back to the $ 1,500 level. The prices of silver and gold have recorded significant losses today. The CME Group the company that manages the NYMEX (New York Mercantile Exchange), has announced two further increases of the initial deposit required to secure transactions on the futures on silver. The news sparked a new shower of precious metals sales. The expiring July futures on silver at the NYMEX closed in fall of 8% to $ 36.24 an ounce. It was the strongest drop in session since December 2008. Since last Friday the price of silver has lost 25.4%. The gold futures expiring in June ended in a fall of 2.2% to $ 1,481.40 an ounce. It's been three weeks that the gold price did not close at these levels. To add to downward pressure on the precious metal was now also the strong recovery of the dollar. The greenback has appreciated against the euro by about 2%. The jump in the dollar weighed on all commodities in general.
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
Robert Kiyosaki : buy Silver under twenty
Robert Kiyosaki : buy Silver under twenty
Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...
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 not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...
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 Brokers are broke - Robert Kiyosaki
The reason why the brokers are called brokers it is because they are broke ...
7. Rules Of Money - Power of Focus
Robert Kiyosaki is a self-made millionaire who grew up in Hawaii. He was raised by a father who worked in the educational system and had an "employee" mindset. He also had the benefit of guidance from his friend's business oriented father. In addition to becomming an owner of several successful businesses, Mr. Kiyosaki has authored the bestselling series of financial educational products. This includes the "Rich Dad, Poor Dad" book series as well as the CASHFLOW game. He is very vocal in his opinion that the rules of money have changed since the 1970's, even though "conventional wisdom" has remained the same.
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.
7. Rules Of Money - Power of Focus
Robert Kiyosaki is a self-made millionaire who grew up in Hawaii. He was raised by a father who worked in the educational system and had an "employee" mindset. He also had the benefit of guidance from his friend's business oriented father. In addition to becomming an owner of several successful businesses, Mr. Kiyosaki has authored the bestselling series of financial educational products. This includes the "Rich Dad, Poor Dad" book series as well as the CASHFLOW game. He is very vocal in his opinion that the rules of money have changed since the 1970's, even though "conventional wisdom" has remained the same.
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.
Gold ETFs vs Silver ETFs
This blog encourages and promotes the physical holding , which means you better go and buy physical metal gold or silver and better yet hold it for the long ride that is ahead of us , gold and silver are real money they are not an investment but a wealth protection , and always remember that something written on a paper is practically worth the paper it is written on , governments can print as many papers as they want , , stocks and bonds can go to zero , but physical metal is always valuable , governments cannot create it out of thin air , and it will never go to value zero on the contrary ..."Investors have to be aware of what's backing the ETF. There are futures-based products out there and that does have an effect on investor returns," Martin Arnold, senior analyst, ETF Securities told CNBC.
Bob Chapman - Meria Heller Show - 05-11-2011
Bob Chapman - Meria Heller Show - : the situation in the middle east is not going the way they want it to go , they are making regime changes with a new set of donkeys ...in Libya the Chinese had 30 thousand people working there they were drilling for oil and things like that and they had to pull them out because of what's going on ...let it be a lesson to Americans ..in Syria the regime is shooting the protesters this is what happens to you when you do not have weapons they shoot you down the street
Dollar going up? Silver & Gold going DOWN? The Market manipulation continues
The bigger this sham gets the harder its going to fall and the higher Silver and Gold prices will go .Silver and gold are the only monetary units worth considering. That is why Silver and Gold are a manipulated market - to give the appearance of confidence in fiat currencies, not precious metals.Stick with the silver.With paper the banks have an advantage of being flexible with time and inflation contraction. Metals are not a scheme they are honest measures and you have to keep that in mind that honesty doesn't win all battles just the wars. Doubt the USD will stay intact. It's having a bounce. What's that mean? China buys more silver. They are big enough to move the market. They also want it cheap too so they want the USD strong and silver cheap for now. Sometime soon enough the USD will sink hard, maybe with more world turmoil and silver will more than make up for lost time. Their whole game is deception,,making make the wrong move. The USD could go all the way to 77, but the Euro likely would be dropping at the same time. So Europeans will be getting into metals then and pushing the price up along with China. I think the Euro may be junk pretty soon now. There are many forces involved, but there is too much infighting in the E.U.
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 Bankers are robbing Greece
Bob Chapman : ...the reason they were having those secret meetings is because they wanted Greece to collateralize all its debt with everything that they own , this is how arrogant these bankers are , all the mineral rights sea ports airlines airports , 263 airports the gas the electric their buses their trains they left nothing and they do not want to pay ten cent a dollar for the collateral it is a typical robbery ..Papandreu is such an incompetent communist...The Archbishop of the Greece orthodox church is a subscriber (to the international forecaster) and he is not going to let that happen ....
Bob Chapman : The Euro and Europe are in big trouble
Bob Chapman - 3rd Hour Radio Liberty - 05-09-2011
Bob Chapman : I do not think the Europeans fully understand the gravity of what's going on but the Americans and the people in the rest of the world do not understand either...Greece may do a partial bankruptcy ....Papandreu is a Marxist
Gold May Rise to $2,000 as Alternative to Currency, Eric Sprott says
As investors continue to buy gold preferring it to paper money the price may go as high as $2000 before the end of this year says Eric Sprott Chairman, Chief Executive Officer & Portfolio Manager of Sprott Inc . Gold will rise by at least 17% this year, Sprott said today in an interview during the New York Hard Assets Investment Conference. The metal averaged $1,228.45 an ounce last year on the Comex in New York and ended 2010 at $1421.40. via Bloomberg
“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.” Sprott Asset Management now offers 5 types of metal funds Sprott Gold & Precious Minerals Fund, Sprott Gold Bullion Fund, Sprott Silver Bullion Fund, as well as the exchange-traded Sprott Physical Gold Trust and Sprott Physical Silver Trust.
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)
“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.” Sprott Asset Management now offers 5 types of metal funds Sprott Gold & Precious Minerals Fund, Sprott Gold Bullion Fund, Sprott Silver Bullion Fund, as well as the exchange-traded Sprott Physical Gold Trust and Sprott Physical Silver Trust.
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 : HSBC is naked short 45 to 1
Bob Chapman interview with Kerry Lutz - 05-05-2011
Bob Chapman : the major exchanges and the two major regulators FTC , CFTC are receiving probably around two thousand complains a day on the rigging of the gold and silver as well as the gold and silver share market ..so the word is getting around that the government is rigging the market ...HSBC are naked short 45 to one they can't cover so at 50 dollars silver they have decided we get this thing down.......Morgan runs the country with the help of Goldman Sachs Citi group etc...Bob
Tuesday, May 10, 2011
Gold/Silver Rising on Central Bank Buying -11/05/11
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
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
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)
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