Wednesday, May 18, 2011
Bob Chapman : people like Forbes get away with that stuff
Bob Chapman on Discount Gold Silver Trading 11 May 2011
Bob Chapman : the use of gasoline dropped 2.4 percent in the last month ...the government is trying to get the commodities prices down to help with the inflation people are leaving the stock and bond markets and putting their money over there (in commodities) because they do not trust the government ...silver is down 3 dollars , gold held up reasonably well you can thank your government for rigging the market says bob Chapman of the international forecaster....people like Forbes get away with that stuff because they are members of the Illuminati , Forbes has a dreadful family history that he does not want to hear about ...Bob Chapman - Dr. Deagle Nutrimedical Report - 05-11-2011
Bob Chapman - with Dr. Deagle Nutrimedical Report - 05-11-2011 : gold and silver is the only real money and usually in the aftermath of the events like the catastrophe in Japan their prices tends to get higher but what is happening says Bob Chapman of the international forecaster is that the US Government along with the CME which owns the COMEX they have attacked the whole commodity market , today of all things they have raised the margin requirements on natural gas
Silver Eagles vs. Bars
It doesn't matter if the bar is tarnished they melt it down. Why people buy metals? Because it is an industrial good and . I agree coins are better then bars because it is easier to sell a coin of 30 dollars instead of a bar of a kilo. More people can afford a coin instead of a bar .Engelhard is the most respected name in silver because of it purity. I had 400 oz all Engelhard, 10 oz bars and 1 oz coins. I dont recommend 100 oz bar like the one in video. It's harder to sell when silver go to 100/oz. It is for big investor only. If you invest under 10K, then 10 oz bar and 1oz coin is way to go. Total of silver in video about 20K at the time, right now about 40K in just 6 months. I dont understand people who continue to invest in a stock market. full of worthless derivatives, and overinflated b.s. like yahoo, & on & on. The only reason the market is doing as good as it is, is because the FED . just dumped 1.7 trillion of future tax dollars that have yet to be collected into it. At the same time 14+ trillion debt 1.6 trillion budget deficit.soon all that money will be chasing real assets like gold and Silver , Need i say more? Buy metals, buy lots of them.
Eric Sprott : if only three percent in one day demanded physical delivery there will be no silver on the COMEX
Max Keiser interviews Eric Sprott on gold and silver prices (12May11) :
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....I think last weeks decline was premeditated ....very much orchestrated ...one of the things that I think we should look at is the trading of silver in the paper market which I mean the COMEX and the SLV , last week it probably averaged 1.2 billion ounces per day there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters I mean if something like 3 percent of the people who are trading silver , three percent in one day demanded physical delivery there will be no silver on the COMEX , so I look at this paper markets and I just believe it's paper it's guys pushing buttons who really have no interest in silver other than trying to move the price one way or guess where the price is going ....I think the key market is the physical market , what the people are doing in terms of converting their fiat over to silver and gold and obviously that has a long momentum today and I do not think this raid is going to work even though it was shocking last week
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
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....I think last weeks decline was premeditated ....very much orchestrated ...one of the things that I think we should look at is the trading of silver in the paper market which I mean the COMEX and the SLV , last week it probably averaged 1.2 billion ounces per day there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters I mean if something like 3 percent of the people who are trading silver , three percent in one day demanded physical delivery there will be no silver on the COMEX , so I look at this paper markets and I just believe it's paper it's guys pushing buttons who really have no interest in silver other than trying to move the price one way or guess where the price is going ....I think the key market is the physical market , what the people are doing in terms of converting their fiat over to silver and gold and obviously that has a long momentum today and I do not think this raid is going to work even though it was shocking last week
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 17, 2011
Hong Kong Mercantile Exchange begins offering of yuan-denominated gold future today
First physical gold delivery right beneath the Hong Kong airport the new Hong Kong Mercantile Exchange starts offering today yuan-denominated and dollar - denominated gold futures this is the first time that future contracts with gold are offered with physical delivery unlike of what is happening in the COMEX , this is a new different market that should appeal to the asian investors in particular. The Industrial & Commercial Bank of China-backed bourse plans to introduce dollar silver futures by June after trading of dollar-denominated gold futures begins today, Albert Helmig, president of the exchange, said. China is promoting the use of the yuan in global trade and investment to reduce its reliance on the dollar.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Eric Sprott : I am a buyer of Silver today and tomorrow
Max Keiser guest Eric Sprott on commodities prices (12May11)
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Robert Kiyosaki : $200 Silver not out of line
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...
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)
Mike Maloney and Max Keiser on the Silver Gold Sell-offs
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
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
Robert Kiyosaki : why Mutual funds are complete rip off
Robert Kiyosaki : mutual funds are the worst place to put your money in I would never put my money in mutual funds because of things called fees and hidden fees they do not tell you how expensive it is , the mutual funds are not there to make you rich it's to make the banks Goldman Sachs and Meryl Lynch rich just remember they just rip you apart with fees ...mutual funds companies put up zero dollar money you put up hundred percent of the money they take eighty percent of the profit you take twenty percent of the profit you take hundred percent of the risk and they take zero risk it's complete rip off and that's why I think we got to have financial education most school teachers will tell you to put your money in mutual funds that's why my book title is what schools never teach you about money because the school system is complicit of Wall Street and the banking system
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.
Gold, Soros Sells Paulson Buys 5/17/2011
Gold, Soros Sells Paulson Buys 5/17/2011
"last night's 13f reports revealed a hedge fund street fight in the making over gold. George Soros dumping nearly all of his holdings in GLD while john paulson held on to his, even adding positions in some Gold Miners ".
BK :" I'm with John Paulson, gold goes higher at this point in time. I don't have a lot of gold positions. you have to point out , two weeks ago rumors that George Soros was dumping silver and gold. he did it on a sun night. this data says that he sold it back in January and February. rumors were just flat-out wrong. and the reason for people selling gold on that was flat-out wrong. "
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)
"last night's 13f reports revealed a hedge fund street fight in the making over gold. George Soros dumping nearly all of his holdings in GLD while john paulson held on to his, even adding positions in some Gold Miners ".
BK :" I'm with John Paulson, gold goes higher at this point in time. I don't have a lot of gold positions. you have to point out , two weeks ago rumors that George Soros was dumping silver and gold. he did it on a sun night. this data says that he sold it back in January and February. rumors were just flat-out wrong. and the reason for people selling gold on that was flat-out wrong. "
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 - National Intel Report - 05-17-2011
Bob Chapman of the International Forecaster with JOHN STADTMILLER in the 'National Intel Report' to discuss current world affairs in this 17th of May 2011 and the Illuminati plans to rob this country and the world dry
Eric Sprott : in my own account I own 80 percent in precious metals and I do not lose any sleep over it
Eric Sprott :...well I think historically silver and gold traded at a ratio of 16 to one so for example at 1600 dollar Gold Silver could be a $100 /oz and that goes back over centuries as what the relationship was , i think it will go back there , I think it will probably overshoot just because it has been so mispriced for so long and when i look at the data that supports that view I just look at the purchases of silver here , so for example US Mint so far this month has sold more dollars of silver than they have sold dollars of Gold but the prices are for fifty to one ! well how long are you gonna have the same amount of money going into silver as it is going into gold and the prices be fifty to one and I see it not only in the mint sales , I see it in this company called Goldmoney that sells in the internet they sell more silver than gold , the company we have called Sprott Money sells more dollars in silver than gold so people are moving into silver , Eric Sprott suggests that investors chose the physical silver over the paper certificates .... in my own account own 80 percent in precious metals and I do not lose any sleep over it he said
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 Stan Solomon Show - 05-13-2011
Bob Chapman : discusses with Stan Solomon the fact that now under the Obamacare hiring a person now cost you his healthcare and that of each member of his family ...and other issues
Bob Chapman warning about the Perth Mint Silver and Gold Certificates
Bob Chapman is warning against Perth Mint Silver and Gold Certificates , you better either cash out or ask for your physical delivery before you will end up with a worthless piece of paper , Bob Chapman who has been in the business for more than 30 years suspects that they do not have the metal they are claiming....
How to play the Silver, Gold Markets volatility
Phil Streible, senior market strategist at Lind-Waldock, reveals when he would recommend investors get long gold and silver.: " Well we're seeing the same thing we're seeing that gold silver ratio start to trend up a bit , a lot of investors are coming out of silver markets is that the characteristics of the silver market changed quite a bit you've got a lot of volatility in their you've also got increased margin requirements it's a little bit too chappy for the average investor , so they are coming out of debt but they still want the metals exposure so they're going into a little bit more conservative play like the gold market gold's getting accumulated also by central funds. So you're seeing that that play come in and gold is very supportive."
Lessons to be learned from the Gold and Silver Correction
According to Jon Nadler, senior analyst at Kitco.com, there is a lesson we can learn from the recent Gold and Silver corrections and massive selloffs : I think that the number one lesson is a repeat of the lesson actually and that is that whenever you see the crowds piling in. You've got to be mindful of the fact that when the sky appear the bluest that's when surprises happen. Time and again people learned along the way the hard way by piling in when its headline material and Forget their true Objectives and of course you know buying it in a bubble that type of bubble has consequences "
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)
The managing director of metals products at CME Defends CME's Adjustment of Silver Margin Rules
The allegations that the CME was trying to drive the silver price down is off the mark says Harriet Hunnable, the managing director of metals products at CME Group Inc., talks about the exchange's rules for silver trading. Last week, silver plunged 27 percent, the most since at least 1975, after CME raised margin costs. Silver bugs should look at this as a discount offered to you by the government , you can buy more silver at a discount , silver is money it is not an investment for making a quick buck , hold your silver assets you are sure that they will never lose value over time on the contrary the longer the better ....
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
Monday, May 16, 2011
Bob Chapman - Freedom Files Radio Show (5/12/2011)
Bob Chapman, The International Forecaster discussed various issues during this Thursday May 12, 2011 episode of the Freedom Files with James Burns Radio Show. JP Morgan Chase Goldman Sachs Citi Group how far these financial terrorists have gone says Bob Chapman of the International forecaster
Eric Sprott : There is only 700 million ounces mined in a year
Eric Sprott : One of the things we should look at is the trading of silver in the paper markets, I mean the Comex and the SLV. Last week it averaged 1.2 billion ounces per day. There is only 700 million ounces mined in a year. There is only 33 million ounces of physical silver that is available for delivery by the commercial shorters. If something like 3% of the people that were trading silver in one day demanded physical delivery, there would be no silver on the Comex.... The key market is the physical market. I don't think this raid is going to work." .
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
Scottsdale Silver Shipment
Scottsdale silver makes the nicest bars I've seen "The One" 1 oz bars from Scottsdale Silver . a troy ounce is 31 grams, One of the finest silver bullion bars available: The Scottsdale Stacker®, only from Scottsdale Silver.
10 Troy Ounces of .999 Pure Silver .Just received my bars, great bars most beautiful thing I have seen, just holding them gives you an energy, very different then having currency or 401k, must say 30% my salary going to silver investment..Now Shipping to Canada automatically from their website http://www.scottsdalesilver.com
10 Troy Ounces of .999 Pure Silver .Just received my bars, great bars most beautiful thing I have seen, just holding them gives you an energy, very different then having currency or 401k, must say 30% my salary going to silver investment..Now Shipping to Canada automatically from their website http://www.scottsdalesilver.com
John Embry : why Gold and Silver should be in your portfolio
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 negligible 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
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)
The manipulation continues in the silver paper market
Keith Neumeyer, First Majestic Silver president & CEO, sheds insight on why his company's stock is down. : ...."...well, I think there was some short covering going on in the latter part of march and into early April really propelled silver up to close to $50. really silver is going through a rerating right now. and one of the important things to me is a silver producing mining company is that as we rely more on technology, we become more reliant on 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
How JP MORGAN & HSBC manipulate the SILVER Markets
Even if it is all manipulated, silver is still a better choice to own than paper money. If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are thieves, scum and frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Roubini: frauds Spin masters: Fox, Cnbc, Jim Cramer: frauds Don't get screwed folks stay away from this scum. Stick to owning physical gold and silver bullion and let the music stop.
The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.
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 metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.
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
Commodity Boom Period Coming Soon says Michael Langford
The bearish market in Gold and Silver will end next week and we will see a bullish trend , Commodity Boom Period Coming Soon says Michael Langford , proprietary trader at StreamTrading.com says the commodity markets, which have remained bearish, will look to stabilize soon as we enter a positive phase in the commodity cycle.
Jim Rogers not selling his Gold and Silver
Jim Rogers : I still own my gold I haven't sold any gold and if it goes down I hope I'm smart enough to buy some more just like with silver , in Thestreet.com
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 : Oil prices will go up
Bob Chapman - Discount Gold Silver Trading - 05-16-2011
Bob Chapman : conflicting stories coming out of Libya as to who doing what to who , hey are supposed to have large demonstrations in Saudi Arabia and I do not like that because if they turn nasty Oil prices are going to go up ...who knows what that thing in the middle east is heading
BREAKING NEWS ! Donald Trump Will NOT Run For President In 2012
May 16, 2011 CNN Donald Trump Will NOT Run For President In 2012 , but he will continue to voice his opinions loudly he said
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.
Silver is going through a rerating right now says Keith Neumeyer
Keith Neumeyer, First Majestic Silver president & CEO, sheds insight on why his company's stock is down. : ...."...well, I think there was some short covering going on in the latter part of march and into early April really propelled silver up to close to $50. really silver is going through a rerating right now. and one of the important things to me is a silver producing mining company is that as we rely more on technology, we become more reliant on silver."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
I could be a school teacher and be rich - Robert Kiyosaki
Robert Kiyosaki : “I could be a school teacher and be rich. It has nothing to do with your money; it has to do with your knowledge. If I was a Schoolteacher, I would be ten times richer because I have more time off! They get the summer off, holidays off, weekends off.”
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.
Andy Gause explains the Silver Shake Out - 05-14-2011
Andrew Gause and his guest try to explain why silver went down and how the increase in the margin requirement triggered a wave of sale from small and medium investors/speculators who could not afford to pay the increase in the margin calls ,this is by the way the paper silver market not the physical market , this is what is known as the Shake-Out
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 - LibertyRoundTable - Sam Bushman - 05-16-2011
Bob Chapman : we just saw the head ofthe IMF french politicians economist and professor Dominique Strauss Kahn has been charged o attempted rape among other things
in a hotel , years ago he tried that on Marine LePen among others finally somebody blowed the whistle on him
in a hotel , years ago he tried that on Marine LePen among others finally somebody blowed the whistle on him
Silver is dirt cheap right now
James Anderson Managing Director at Goldsilver.com : whoever has physical silver in his hands will make the rules , silver below $50 an ounce is at sale , the 1980 high is a nominal high cause the dollars in 1980 are worth a lot more than the dollars in 2011 the money supply exploded since then , the true inflation adjusted all time high is $140 but if you use the more accurate statistics from John Williams it is close to $300 an ounce , having ounces is what matters the question is how many ounces you have in your possession , Silver is on Sale right now keep stacking anybody who have been stacking ounces will be setting pretty . What's happening in America today is similar to what happened in the 80s in Argentina but in slow motion
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
Silver is on Sale right now
James Anderson Managing Director at Goldsilver.com : whoever has physical silver in his hands will make the rules , silver below $50 an ounce is at sale , the 1980 high is a nominal high cause the dollars in 1980 are worth a lot more than the dollars in 2011 the money supply exploded since then , the true inflation adjusted all time high is $140 but if you use the more accurate statistics from John Williams it is close to $300 an ounce , having ounces is what matters the question is how many ounces you have in your possession , Silver is on Sale right now keep stacking anybody who have been stacking ounces will be setting pretty
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 15, 2011
Bob Chapman : Market manipulation at its finest
Bob Chapman - Interview Kerry Lutz - 05-12-2011
Bob Chapman : people who are in the stock market should pay attention , The United States Government has been helping to keep the market to go down , the people who run wall street know that there will be a QE3 , the market is going down but Bob Chapman does not know when,Buying Silver and Buying Gold, silver bars or mint coins
Here are some secrets to buying silver and buying gold. You have some choices such as 1000 oz silver bars, 400 oz gold bars, 100 oz, 10 oz or 1 oz silver and gold bars and my favorite 1 oz mint coins.If you want 100 oz. Silver Bars, or bar bullion, (also in 10 oz Silver Bars) to preserve value, go with J.M.s (Johnson Matthey), Engelhard, Sunshine Minting, U.S. Assay, A-Mark, Silvertowne, and APMEX bars. These brands are good because they are well known and trusted and have a stamp of authenticity (and they stack well in safe!).Whatever form you decide on when investing in silver, make sure it’s a purity of .999 fine silver whether buying bullion from a bullion dealer, coin shop, or Ebay.
Bars are good because they have the narrowest bid/ask spread among bullion investments.
Bars are good because they have the narrowest bid/ask spread among bullion investments.
ENGLEHARD 10 0Z SILVER BARS - $50 AN OUNCE? - SERIAL NUMBER LOOKUP
Engelhard's are so awesome! Especially the 5oz bars which are getting harder to find today... Engelhard silver bars are among the best. They are selling on ebay for over spot. Greg talks about silver bars, bubbles, crashes and buying silver. I did a searched of recently completed auctions on eBay and see them for about $40-$60 over spot, so that makes it about $4-$6 over spot per ounce. Not too bad. Buy it now prices mean nothing. Just means someone has their sights a bit high. Completed auctions tell you what the free market is actually paying.Found a 10 oz Engelhard on eBay for 541 US (374 euro):)
Bob Chapman : buy the dips don't panic, ride the bull
Bob Chapman: The Financial Powers That Be Are In A Trap of Their Own Making
If Silver goes to 5 an oz that just means I could buy a ton of it. Hahaha Who ever holds paper and has faith in the the paper game WILL LOSE! This may be the greatest exchange of wealth in the history of the world. The people are waking up are going to plunder the bankers by buying silver and gold. Get rid of the Dollar Bill if you know what you're doing...Pretty soon they'll be using it for Toilet Paper...Bye Bye FIAT CURRENCY CRAP.......only a wise people will understand. The dollar is printed out of thin air. You cant print money out of thin air. Gold and silver is honest you cant counterfiet it. George Washington, "Paper money has had the effect in your state it will always have to ruin commerce oppress the poor and honest and open the door for every specie of fraud and injustice."..When we reach the end of this destruction of fiat currencies and the ensuing precious metals bubble, those of us holding physical will probably trade it for real things like necessities of life, homes, and even luxury items. Alternatively, we may trade it for the new gold-backed currency that appears in our locale.silver investing By Bob Chapman : May 11th, 2011.In legislation just proposed, and I don't know by whom, nor do I have a number yet, the Dept of Labor has proposed a re-definition of who is a fiduciary, not under the Securities laws, but under ERISA, the law that governs tax advantaged retirement accounts, such as 401K and IRAs and it probably will include all retirement assets, we don't have a definite direction yet of what they intend to do but it is my guess they want to limit those investments only to US government debt. They may include some blue chips or funds, I don't know. They may allow other high-graded fixed income products. These DOL-ERISA rules override all SEC rules. We don't know the final form of the legislation, nor do we know whether it will be passed, but my guess it will be. The government desperately needs to get those retirement funds invested in government debt. I would seriously think about terminating 401ks and IRAs by transferring the assets -- without commission -- into a personal account it then becomes a taxable event. I also believe there is a good chance that taxes will be higher next year. There is also an outside chance that retirement assets could be frozen -- such events would be negative on the general market because government would be directing brokerage houses to sell retirement assets. This is all in the planning stage, but it is very real.
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
Eric Sprott : if only three percent in one day demanded physical delivery there will be no silver on the COMEX
Eric Sprott : ..Silver is the best recommendation anyone can make this decade...I have always looked at silver and gold as a situation where the demand will exceed the supply , and when I looked at gold in the last decade we had a great change in from the demand side where central banks used to be sellers and became buyers , we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they don't hedge and the shifts in ownership had been dramatic in a market where we really see no rise in supply , in the case of silver what really turned me on about twelve months ago was as we witness people buying silver you realize there would not be enough silver to buy and as example the US mint today sells as many dollars of silver as dollars of gold , when you realize that silver trades at forty to one ratio means that they are buying at forty times of physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million , when we sold our silver ETF we raised 550 million , James Turk of Gold Money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins , we sell way more dollars of silver than Gold and so here we are in a situation where the price is forty to one but the dollars going in to it are almost dead equal , so I can't see the price ratio staying in this range ...
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...
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
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...
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
Eric Sprott : Silver is the best recommendation anyone can make this decade
Eric Sprott : ..Silver is the best recommendation anyone can make this decade...I have always looked at silver and gold as a situation where the demand will exceed the supply , and when I looked at gold in the last decade we had a great change in from the demand side where central banks used to be sellers and became buyers , we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they don't hedge and the shifts in ownership had been dramatic in a market where we really see no rise in supply , in the case of silver what really turned me on about twelve months ago was as we witness people buying silver you realize there would not be enough silver to buy and as example the US mint today sells as many dollars of silver as dollars of gold , when you realize that silver trades at forty to one ratio means that they are buying at forty times of physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million , when we sold our silver ETF we raised 550 million , James Turk of Gold Money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins , we sell way more dollars of silver than Gold and so here we are in a situation where the price is forty to one but the dollars going in to it are almost dead equal , so I can't see the price ratio staying in this range ...
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...
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 14, 2011
David Morgan on the Silver Sell-off
David Morgan on the Financial Sense Newshour 13 May 2011 : ...to be objective I anticipated this move , not to the level in got at , I became cautious around the $38 dollars level personally for my trading account I sold out around $46 level it was the day that it started to come back a little bit bounced further the next day , it was point when I was anticipating that there is gonna be further parabolic move , ...any time you will see a parabolic move you will have the authorities increasing the margin requirements ....the last place you wanna be is a leveraged position
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)
John Embry : why you should own Gold in your portfolio
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
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)
Jim Rogers : The commodities bull Market has several more years to go
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."
" it's going to cut demand for oil for a week or two. the CME seems to have it in their heads they've got to make oil commodity prices going down, they're worried about Washington or something. but in the end, it doesn't matter. if there's not enough oil, there's not enough oil, no matter what the CME or Washington does. "
" it may slow demand down, yes, but there's also declining supply. the IEA, the international energy agency says the supply reserves are declining at the rate of 6% a year. do the arithmetic, supply is going down even if demand goes down."
" well, I actually own a few u.s. dollars , I know, it's embarrassing, isn't it? it's embarrassing, i know. but i agree that they probably will stop QE2, at least for a while. the dollar's been beaten down by everybody, everybody's bearish, including me, it should have a rally, so we'll see."
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 going to cut demand for oil for a week or two. the CME seems to have it in their heads they've got to make oil commodity prices going down, they're worried about Washington or something. but in the end, it doesn't matter. if there's not enough oil, there's not enough oil, no matter what the CME or Washington does. "
" it may slow demand down, yes, but there's also declining supply. the IEA, the international energy agency says the supply reserves are declining at the rate of 6% a year. do the arithmetic, supply is going down even if demand goes down."
" well, I actually own a few u.s. dollars , I know, it's embarrassing, isn't it? it's embarrassing, i know. but i agree that they probably will stop QE2, at least for a while. the dollar's been beaten down by everybody, everybody's bearish, including me, it should have a rally, so we'll see."
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)
Tax benefits of Owning Silver
Silver is Untaxable! Tax benefits of Owning Silver , various possible tax benefits of owning silver; benefits that may exist world wide. Silver, which is true wealth, is not inherently taxable! The IRS in an illegal, unconstitutional entity as is the federal reserve. Why on earth would you pay capitol gains tax to the government on something they don't know that you own? owning gold and silver is much simplier than dealing with IRA's, stocks, etc... Owning real gold and silver requires absolutely no paperwork...
By failing to prepare, you are preparing to fail. ~Benjamin Franklin
By failing to prepare, you are preparing to fail. ~Benjamin Franklin
Bob Chapman on discount gold silver trading 13 May 2011
Bob Chapman : JPM and HSBC have covered any of their positions ,in the same time thousands and thousands of complains are going in the exchanges , what you should do is write to members of congress and senate , because if we can get a couple of our representatives interested in this we can get it a long way ....say bob Chapman of the international forecaster...
Friday, May 13, 2011
Bob Chapman on Contrary Investors Cafe 13 May 2011
Bob Chapman of the international forecaster speaks about the sell off of gold and silver , the lasting correction the manipulation of the market by the CME the overall state of the economy and much more ...
Gary Savage : Gold & Silver entering choppy D Wave Decline
According to Gary Savage gold and silver will go down into a severe D-wave correction. (We still have one more parabolic leg up before this D-wave starts.)
Gold moves in an ABCD wave pattern, driven not only by the fundamentals of the gold market,…but also by the emotions of gold investors and the thin nature of the precious metals market
Gold moves in an ABCD wave pattern, driven not only by the fundamentals of the gold market,…but also by the emotions of gold investors and the thin nature of the precious metals market
Robert Kiyosaki : America is still a great country for capitalism
Robert Kiyosaki : ...I think it is the end of the industrial age and the beginning of the information age , and in the information age the idea of a country is kind of an obsolete idea ..countries are segments of the industrial age the same as a job is a segment of the industrial age , today governments are broke State City national are broke so I think we are going to see the end of what we call government something else is going to happen and that's why I recommend to people t just become a sovereign individual , I have businesses throughout the world and so i am quite content I make money wherever I go , the web has made it easy for people to be sovereign individuals investing all over the world and I would do that rather who is going to be elected republicans or democrats I don't really care because I do not think they are going to fix the problem
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 - on The Alex Jones Show 13 May 2011
Bob Chapman : The Financial Powers That Be Are In A Trap of Their Own Making .Bob Chapman is a Beacon of Light. Shine on Bob ! Bob Chapman got some amazing Karate skills
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