Bob Chapman : the debt ceiling discussions are nothing but political theater it is a national disgrace , the people should get rid of them all politicians they are all bought and paid for we have a corporate fascist government they will continue to do what Wall street and banking want because they are paying them , you and I as constituents are not paying them if you do not pay the you do not get in the action it's pretty simple
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Monday, July 25, 2011
Gold hits $1,624/oz record high before pulling back
Gold prices reached new records in London and New York, and then slow down the pace with fluctuations above the threshold of $ 1,620 an ounce. It is now oscillating
around $ 1,621 after reaching a record high of 1624.07 in London and the peak of 1624.30 in New York, in a market that is concerned about the difficult negotiations on the U.S. debt and the debt crisis of the Eurozone. There was a very sharp move higher on gold in early trading coming out of the weekend. It went close to vertical for the first 45 minutes of trading and hit a new high of $1,624/oz . Prices have pulled back from the highs, but are holding above the previous resistance/range.
around $ 1,621 after reaching a record high of 1624.07 in London and the peak of 1624.30 in New York, in a market that is concerned about the difficult negotiations on the U.S. debt and the debt crisis of the Eurozone. There was a very sharp move higher on gold in early trading coming out of the weekend. It went close to vertical for the first 45 minutes of trading and hit a new high of $1,624/oz . Prices have pulled back from the highs, but are holding above the previous resistance/range.
David Morgan : In round numbers the SLV is ten times bigger than the COMEX !!!
DAVID MORGAN - SILVER PRICE MANIPULATION, DELIVERY DEFAULT & SUPPLY SHORTAGE RISKS
Here's a newly released interview between Chris Martenson and David Morgan focused on addressing the persisting question of "Is the silver market free & fair?". Not surprisingly to many, the answer is "No" - but the discussion here is a deep dive into the 'why' and the 'how' of the matter. Also, David explains why silver supply is much tighter than most most market participants realize; making the risk of default within the major trading vehicles (exchanges, ETFs, etc) unacceptably high. This interview took place on July 20th 2011
David Morgan : it is definitely not a free market in the true sense of the word says David Morgan but it is not as manipulated as some people think , the overall trend in Gold and Silver cannot be manipulated , I can almost guarantee that there are multiple owners for every bar that SLV ETF report , it does not mean that that bar does not exist , there are leases and swaps multiple claims on the same silver bar says Morgan , SLV is paper investment that's not silver , you should not consider it as your primary silver investment . The SLV has claim to roughly 300 million ounces of Silver the amount of silver that is held by the dealers on the COMEX is less than 30 million , so in round numbers the SLV is ten times bigger than the COMEX , and the COMEX is what gets all the attention .
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
Here's a newly released interview between Chris Martenson and David Morgan focused on addressing the persisting question of "Is the silver market free & fair?". Not surprisingly to many, the answer is "No" - but the discussion here is a deep dive into the 'why' and the 'how' of the matter. Also, David explains why silver supply is much tighter than most most market participants realize; making the risk of default within the major trading vehicles (exchanges, ETFs, etc) unacceptably high. This interview took place on July 20th 2011
David Morgan : it is definitely not a free market in the true sense of the word says David Morgan but it is not as manipulated as some people think , the overall trend in Gold and Silver cannot be manipulated , I can almost guarantee that there are multiple owners for every bar that SLV ETF report , it does not mean that that bar does not exist , there are leases and swaps multiple claims on the same silver bar says Morgan , SLV is paper investment that's not silver , you should not consider it as your primary silver investment . The SLV has claim to roughly 300 million ounces of Silver the amount of silver that is held by the dealers on the COMEX is less than 30 million , so in round numbers the SLV is ten times bigger than the COMEX , and the COMEX is what gets all the attention .
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
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SLV vs COMEX
David Morgan : SLV ETF is a paper investment not a Silver investment
Chris Martenson interviews Silver Guru David Morgan 20th July 2011
David Morgan : it is definitely not a free market in the true sense of the word says David Morgan but it is not as manipulated as some people think , the overall trend in Gold and Silver cannot be manipulated , I can almost guarantee that there are multiple owners for every bar that SLV ETF report , it does not mean that that bar does not exist , there are leases and swaps multiple claims on the same silver bar says Morgan , SLV is paper investment that's not silver , you should not consider it as your primary silver investment . The SLV has claim to roughly 300 million ounces of Silver the amount of silver that is held by the dealers on the COMEX is less than 30 million , so in round numbers the SLV is ten times bigger than the COMEX , and the COMEX is what gets all the attention .
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)
David Morgan : it is definitely not a free market in the true sense of the word says David Morgan but it is not as manipulated as some people think , the overall trend in Gold and Silver cannot be manipulated , I can almost guarantee that there are multiple owners for every bar that SLV ETF report , it does not mean that that bar does not exist , there are leases and swaps multiple claims on the same silver bar says Morgan , SLV is paper investment that's not silver , you should not consider it as your primary silver investment . The SLV has claim to roughly 300 million ounces of Silver the amount of silver that is held by the dealers on the COMEX is less than 30 million , so in round numbers the SLV is ten times bigger than the COMEX , and the COMEX is what gets all the attention .
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Chris Martenson,
David Morgan,
SLV
Sunday, July 24, 2011
American Silver Eagle Coins & Bullion
Silver American Eagles are my Favorite coins ever i love the look of a silver eagle much more than the canadian maple leaf! Great Episode! I started collecting American Silver Eagles last year and really love the coins.I had no Idea about the error in the U as discussed.Great factoid.Now I will have to go back and look at my coins to see if I have one with the error
American Silver & Gold Coins - US Silver & Gold coins have become one of the more popular forms of gold investment over the last decade. US Silver & Gold coins by law have to be minted to keep up with the public demand. In doing so Good proof coins and fractional gold has been suspended as the demand for the American Silver & Gold Eagle Coins have reached underrepresented interest due to an unstable US currency.
Gold is recognized by all countries and has been a form of trade for over 6000 years. China and India both have long term buying programs for their banks and encourage individuals to buy gold. As fiat currencies not backed by gold come under scrutiny the demand for gold increases.
American Silver & Gold Coins - US Silver & Gold coins have become one of the more popular forms of gold investment over the last decade. US Silver & Gold coins by law have to be minted to keep up with the public demand. In doing so Good proof coins and fractional gold has been suspended as the demand for the American Silver & Gold Eagle Coins have reached underrepresented interest due to an unstable US currency.
Gold is recognized by all countries and has been a form of trade for over 6000 years. China and India both have long term buying programs for their banks and encourage individuals to buy gold. As fiat currencies not backed by gold come under scrutiny the demand for gold increases.
Protests halt Gold mining in El Salvador
Canada's Pacific Rim mining company owns all the land around El Dorado in El Salvador - one of the most coveted gold mines in Central America.After activists block its mining permit, Canadian gold mining corporation is using a US free trade agreement to sue the government of El Salvador .These people have the right to make their own laws, even if they don't benefit the US. Imagine that.All Pacific Rim cares about is exploiting our resources and earning huge profits. They don't bring opportunities to my country! They bring misery! Low wage jobs under bad conditions. Along with a handful of engineers who will most definitely be foreigners. Sue the gov, I hope they show up with this innocent, simple and humbled woman who will stand up for her people and demand equality and will fight the destruction of our land.
Assassination of anti-mining resistance leader, Marcelo Rivera, sparks campaign of terror against activists
Assassination of anti-mining resistance leader, Marcelo Rivera, sparks campaign of terror against activists
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Gold mining in El Salvador
Stefan Molyneux Interviews The Silver Circle Movie Director
Stefan Molyneux of Freedomain Radio Interviews Pasha Roberts, Director of the new libertarian animated movie "Silver Circle" . freedom fiction! i love it. i wish there were more artists trying to put our ideals out into the world.
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
Labels:
Silver Circle,
Stefan Molyneux
Bill Murphy : The Silver market will blow up
Bill Murphy TMRN 2011 07-16 Time Monk Radio Interviews Present
2011 07-16
Time Monk Radio Network Interviews Presents:
Bill Murphy on TMRN Radio
Bill Murphy : The Standard of living of the Americans will drop by 35 percent it is not going to be pretty , it is not the end of the world but people will be upset by their standard of ling going down the drain ,
Morgan is the FED's Bank and Goldman is the treasury Bank , they have insider information which they use to manipulate the gold and silver market the silver market will blow up , nobody wants to fly with me says Bill Murphy because they are scared that something will happen just as what happened to the whistler Blower Andrew McGuire ,
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)
2011 07-16
Time Monk Radio Network Interviews Presents:
Bill Murphy on TMRN Radio
Bill Murphy : The Standard of living of the Americans will drop by 35 percent it is not going to be pretty , it is not the end of the world but people will be upset by their standard of ling going down the drain ,
Morgan is the FED's Bank and Goldman is the treasury Bank , they have insider information which they use to manipulate the gold and silver market the silver market will blow up , nobody wants to fly with me says Bill Murphy because they are scared that something will happen just as what happened to the whistler Blower Andrew McGuire ,
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 : Erskine Radio - 23 July 2011
Bob Chapman : the transnationals along with the US Chamber of commerce Wall Street and Banking then Pharmaceuticals and Insurances they are the big contributors they go to a congressman and say look we want this passed an if you do not pass it you ain't coming back because we are not going to give you any money ...these people control everything and they do what they want .... Most Americans do not know what a Glass–Steagall Act is ?
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Glass–Steagall Act
David Morgan : silver beats gold two to one in capital gain
David Morgan : as far as capital gain is concerned silver beat gold two to one since the beginning of the bull market , from 2002 to present day the ratio has gone from 80 to 1 to 40 to 1 , so for every dollar you would make in gold you would make two in Silver but the ride has been one heck of a ride not suitable for everyone , again it depends on the person themselves
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
Labels:
David Morgan
Saturday, July 23, 2011
Eric Sprott : The common man buys Silver
Eric Sprott : The common man buys Silver . Every fiat currency since the Roman empire has ended in disaster...I would rather be in silver because silver is the one basing here but gold still works.
actually when you think about it..silver really isn't that volatile....it's only volatile because it cost less so when it increases or decreases the chart seems to move more but with gold since it's at $1600 an oz when it decreases by 30 bucks you don't really see the chart move that much. The way I see it silver is not more volatile than gold, it's the increments that's making it look volatile.Gold is a long term investment, 5-10 years before you sell. Silver is a short term play 4-6 months and also a long term investment. Silver rises and drops to fast and to soon to mess with unless you know what's you are doing , it is a roller-coaster and it could give you headaches . I say invest in silver if you want a boost in some small income. Invest in gold and silver if you want more money over TIME. As gold goes up more of the sheeple will want to buy in causing a bubble. My theory is similar as more people buy & the prices goes up quickly the Central Banks, who own gobs, will release enough to cause a sharp enough drop to cause panic and then buy it all back on the cheap.
A big part of the value of gold is the perceived rarity, historically true but more and more is found and mined every year. Little is used industrially Not the same for Ag.If Euro fall it will efect the Euro market throughout the world, as well china's market will have a greate impact and that goes for India and other countries, it will be a domino effect, and that's how USA will go. It will take in my opinion 3 to 4 weeks till the US falls after Europe. If 1 country falls in Euro, the banks will try to save there asses and from there on everything will accelerate The scenario I described is not what I would consider an orchestrated plan. It's more like what the probable strategy would be if using gold as money starts being more common but could also work if sheeple start showing signs of consciousness and they want' to demoralize them. Most will flock to gold at first. Silver still suffers from the idea it's a second class product. Gold benefits from the idea that it's still rare, it's really becoming more common.Silver ftw, plus for bartering reasons also id rather have 43 pieces of money than 1 Unless your rich then invest in everything. Any precious metal is better than paper . Its going to be a smooth ride for gold but much more gentle incline, but a rough ride for silver but so long as silver demand outstrips supply and supply can only diminish ,take the bumpy ride because once you look back at the rise in silver you,ll soon forget how you got there.
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
actually when you think about it..silver really isn't that volatile....it's only volatile because it cost less so when it increases or decreases the chart seems to move more but with gold since it's at $1600 an oz when it decreases by 30 bucks you don't really see the chart move that much. The way I see it silver is not more volatile than gold, it's the increments that's making it look volatile.Gold is a long term investment, 5-10 years before you sell. Silver is a short term play 4-6 months and also a long term investment. Silver rises and drops to fast and to soon to mess with unless you know what's you are doing , it is a roller-coaster and it could give you headaches . I say invest in silver if you want a boost in some small income. Invest in gold and silver if you want more money over TIME. As gold goes up more of the sheeple will want to buy in causing a bubble. My theory is similar as more people buy & the prices goes up quickly the Central Banks, who own gobs, will release enough to cause a sharp enough drop to cause panic and then buy it all back on the cheap.
A big part of the value of gold is the perceived rarity, historically true but more and more is found and mined every year. Little is used industrially Not the same for Ag.If Euro fall it will efect the Euro market throughout the world, as well china's market will have a greate impact and that goes for India and other countries, it will be a domino effect, and that's how USA will go. It will take in my opinion 3 to 4 weeks till the US falls after Europe. If 1 country falls in Euro, the banks will try to save there asses and from there on everything will accelerate The scenario I described is not what I would consider an orchestrated plan. It's more like what the probable strategy would be if using gold as money starts being more common but could also work if sheeple start showing signs of consciousness and they want' to demoralize them. Most will flock to gold at first. Silver still suffers from the idea it's a second class product. Gold benefits from the idea that it's still rare, it's really becoming more common.Silver ftw, plus for bartering reasons also id rather have 43 pieces of money than 1 Unless your rich then invest in everything. Any precious metal is better than paper . Its going to be a smooth ride for gold but much more gentle incline, but a rough ride for silver but so long as silver demand outstrips supply and supply can only diminish ,take the bumpy ride because once you look back at the rise in silver you,ll soon forget how you got there.
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
Labels:
Eric Sprott
James Turk : The gold price and the Fiat Money
James Turk : "...right now the dollar depends only on confidence and confidence is very fragile we are starting to see confidence erode internationally , you know the dollar has been in a major downturn for several years we are seeing precious metal prices going up we are seeing commodity prices going up food prices indexes are record high all of these things suggest to me that there is too much money being created by the federal reserve and indeed all central banks around the world and people are taking that money and putting it in things of usefulness , real commodities that have tangible value , useful value , so I think we are very close I think we are going to see some major upheaval within the next year " James Turk of the GoldMoney Foundation speaks about currency devaluation and the rising gold price. How the gold price is rising against all major currencies and monetary policy is political, having abandoned all pretense of seeking monetary stability.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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James Turk
Bob Chapman : The Oslo Bombing is a false flag operation
Bob Chapman - Discount Gold Silver Trading 22 July 2011
Bob Chapman : I believe it is a false flag operation , why would anybody hit them , first of all they are pulling out of Libya they have a small contingent there , they are pulling out on August the first , the rest of the NATO countries are not very happy about that , several months ago when Greece received its first bailout the Norwegian government withheld their contribution of 42 million dollars because they said they think it was a waste of time and money because they should let Greece default so the bankers are very unhappy with Norway and I think that was the basis for the attack says Bob Chapman of the International forecaster ...the white man shooter at the island was probably there to kill the prime minister who did not attend for some reason , the message to Norway is do what we tell you to do or we put a bomb in the middle of your city this is a payback from the Banks ....
Bob Chapman on Oslo Bombing - Alex Jones TV 22 July 2011
Bob Chapman of the International forecaster believes that the Oslo bombing are likely to be staged events a false flag attack aimed to punish Norway for deciding to retrieve its airplanes from the Libya campaign among other things , the bankers are hanging by their nails says Bob Chapman
Robert Kiyosaki & Donald Trump Coming to Australia !
Robert Kiyosaki & Donald Trump Coming to Australia on September 19 , 20 and 21 in Sydney Australia , this is the first trip to Australia for Donald Trump , Robert Kiyosaki is very familiar in Australia where he is very known , they will be attending the National Achievers Congress in Sydney, Australia 2011, an Empowernet International Event.This is a worldwide premiere the launch of their second book called 'Midas Touch : why some entrepreneurs get rich and most don't' they gonna talk about what it takes to be successful in today's world
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.
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Australia
Friday, July 22, 2011
Andy Gause Real World of Money July 16, 2011
Andrew is a currency historian, an internationally recognized expert on the United States monetary system .Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He's written two books, "The Secret World of Money" and "Uncle Sam Cooks the Books".
~ Over the Counter Precious Metal Trading Changes.
~ How the Fed plays with Bonds
~ Over the Counter Precious Metal Trading Changes.
~ How the Fed plays with Bonds
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Andy Gause
How to Invest in Gold , ETFs vs Physical
Warren Gilman says that he prefers holding gold coins and bars handy in case there is an emergency he can use that gold to buy what he needs but for the large institutions looking to buy large amount of gold he suggests to use the liquidity of an ETF , but for individuals there is nothing saferthan holding your own gold in your hands he said
Simon Ho, Executive Director at Triple 3 Partners, David Lennox, Resources Analyst at Fat Prophet, and Warren Gilman, Chairman & CEO of CEF Holdings, examine how investors can profit from investing in the yellow metal.
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)
Simon Ho, Executive Director at Triple 3 Partners, David Lennox, Resources Analyst at Fat Prophet, and Warren Gilman, Chairman & CEO of CEF Holdings, examine how investors can profit from investing in the yellow metal.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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ETFs vs Physical
BOB CHAPMAN - A MARINES DISQUISITION SHOW - 21ST JULY 2011
Drew Malone Raines on the A Marines Disquisition show "The Financial Hour" with Bob Chapman, of The International Forecaster
Bob Chapman : Europe is trying to save the banks over there , in America the people who have been discharged from the military have been recalled ,two whistler blowers regarding the Murdoch affair just died mysteriously , the forensic reports are not available , and nobody knows how they died
Bob Chapman : Europe is trying to save the banks over there , in America the people who have been discharged from the military have been recalled ,two whistler blowers regarding the Murdoch affair just died mysteriously , the forensic reports are not available , and nobody knows how they died
Gold to Go much higher says Irakli Menabde
Gold is over one thousands pounds an ounce for the first time in history ,some people think the gold is expenssive at these levels but these people were thinking that gold was expensive at $800 , if you look at the period at which the gold price really did peak in the 1970s it went from $35 to $850 that is approximately a 24 fold price increase in Gold , now in the last 11 years that we had in the gold bull market Gold had only increased by 6 fold , "I think in realistic terms, gold is a reflection of what is going on with fiscal and monetary policies in the developed world. And it is the reflection of what's going in the greater inflation scare in the emerging markets, so I think those pressures are not going to be alleviated anytime soon," Irakli Menabde, founder and fund manager at M2 Capital Partners told CNBC.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Irakli Menabde
Bob Chapman : the gold and silver shares are way way under priced
Bob Chapman - Freedom link Radio 7/21/2011
Bob Chapman on the Global Financial Crisis : I have involved with gold and silver for 52 years , for 29 years I was the largest gold and silver stock broker in the world , I owned my own firm with 6000 clients when I retired , long term gold and silver are going to continue to go up as long as you have two different things in place number one inflation and hyperinflation number two it is going to happen during the deflationary period is that the value of the dollar will continue to go down and that means the only safe place to be will be gold and silver just like it is now , I buy gold and silver every month I have done it for years going back to 2000 when I saw that we are going to have another big run , make life simple go fifty fifty on gold and silver coins and bullion because I have been doing this for a long time and you never know what is going to outperform one another I like them both , and I say go half and half hopefully they both will go crazy I think they will go considerably higher and I think the gold and silver shares are way way under pricedThursday, July 21, 2011
APMEX Gold and Silver coins & bullion - Review
Buyer reviews buying experience from American Precious Metals Exchange (APMEX) and give you the review you need to see before you buy. Overall they are decent site. I have bought alot from them. There is good and bad- Prices are good, packaging is great, website is good. The Bad-Payment options, shipping prices. I still use them..Indeed APMEX is cool!, Monarch Silver is great too! You dont find handmade-bars like they do em anymore
I have had NO problems with apmex with 10's of thousands worth of orders.... been very satisfied and their prices are good, shipping is quick, gentleman below needs to read the clearly defined rules about canceling orders..I pay the credit card charges, for the convenience. I am not looking at it as as much as investment but more insurance.
I have had NO problems with apmex with 10's of thousands worth of orders.... been very satisfied and their prices are good, shipping is quick, gentleman below needs to read the clearly defined rules about canceling orders..I pay the credit card charges, for the convenience. I am not looking at it as as much as investment but more insurance.
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APMEX
Silver is a Powder Keg Waiting To Explode
Silver is a Powder Keg Waiting To Explode
Gold's value is ALL psychological since there are few uses for it in industry. Ten times more gold than silver today and going higher quickly as few new silver strikes are being found but HUGE increase in gold mining works out to amount of gold above ground doubling in five years. Was one billion in 1990. Now 5 to 10 billion. 20 billion is on the way for gold. As silver continues to DECREASE in amount available to industry or investment. "pick your poison". Gold has weaker highs and shallower lows - best for those who want stability. Silver is a roller coaster. I have both PLUS am fully "prepped". Something many overlook. In a complete collapse of society there will be a period where food, water, etc. are priceless while metals are not in demand. Do NOT buy metals for barter in a period of anarchy. You'll trade a fortune in silver for food. Become a "prepper" as well as having "real money" for AFTER anarchy. .tomorrow the new exchange opens -tomorrow in HK for silver contracts, i am glad to have gotten a little more 'amazing change' in my pockets.....350M accounts already set up to buy i hope even just one in a hundred pays attention to those commercials and buys a single contract and i hope that the new exchange is not corrupt like the others, diluting the paper out over 100 times.."Money supply" has increased 300% since Obama took office while assets behind the money supply has shrunk. No major inflation (yet) as, thus far, almost all of the added money supply sits in banks, etc. to help their books. Eventually these dollars will be put into circulation as problems worsen. THEN we will see major inflation + Depression. Currently, money in circulation has actually dropped! There is no way out now without default or print to hyperinflation. Both = major Depression. QE99
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
Gold's value is ALL psychological since there are few uses for it in industry. Ten times more gold than silver today and going higher quickly as few new silver strikes are being found but HUGE increase in gold mining works out to amount of gold above ground doubling in five years. Was one billion in 1990. Now 5 to 10 billion. 20 billion is on the way for gold. As silver continues to DECREASE in amount available to industry or investment. "pick your poison". Gold has weaker highs and shallower lows - best for those who want stability. Silver is a roller coaster. I have both PLUS am fully "prepped". Something many overlook. In a complete collapse of society there will be a period where food, water, etc. are priceless while metals are not in demand. Do NOT buy metals for barter in a period of anarchy. You'll trade a fortune in silver for food. Become a "prepper" as well as having "real money" for AFTER anarchy. .tomorrow the new exchange opens -tomorrow in HK for silver contracts, i am glad to have gotten a little more 'amazing change' in my pockets.....350M accounts already set up to buy i hope even just one in a hundred pays attention to those commercials and buys a single contract and i hope that the new exchange is not corrupt like the others, diluting the paper out over 100 times.."Money supply" has increased 300% since Obama took office while assets behind the money supply has shrunk. No major inflation (yet) as, thus far, almost all of the added money supply sits in banks, etc. to help their books. Eventually these dollars will be put into circulation as problems worsen. THEN we will see major inflation + Depression. Currently, money in circulation has actually dropped! There is no way out now without default or print to hyperinflation. Both = major Depression. QE99
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 - Ringside Politics July 20th
Bob Chapman with Jeff Crouere - Ringside Politics July 20th
Bob Chapman : what would happen if they do not increase the debt ceiling , the credit rating of the United States will drop , people with bonds won't get paid it will spread to other entities as well such as municipal bonds area , it will also affect the corporate bond area because yields overall will go higher because of the risk evolved the risk would be that the credit rating of te united states dropped because as Ron Paul said US has an unplayable debt , Michell Bachman is right about not wanting to vote to increase the debt ceiling but the problem is anybody else ready to bite the bullet
Bob Chapman : what would happen if they do not increase the debt ceiling , the credit rating of the United States will drop , people with bonds won't get paid it will spread to other entities as well such as municipal bonds area , it will also affect the corporate bond area because yields overall will go higher because of the risk evolved the risk would be that the credit rating of te united states dropped because as Ron Paul said US has an unplayable debt , Michell Bachman is right about not wanting to vote to increase the debt ceiling but the problem is anybody else ready to bite the bullet
Jim Rogers : GOLD price is going to go much higher no matter what happens
Jim Rogers : I do not have a forecast I am just watching , if the dollar turns to confetti then you pick the number there is no number of how high it will go if it continues to be priced in US Dollars ,so it is not a question I even think about , because I am just watching to see how the world evovlves I know it is going to go much higher no matter what happens , if the world turns paper money into confetti which look like it might do then there is no top for gold and silver and real assets
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Labels:
Jim Rogers
Bob Chapman on The Sovereign Economist 20 July 2011
Bob Chapman : silver is going to go up stratospherically , what they did when they increased these margin requirements is that they wiped out every small and medium investor who just could not afford the margins , now on the way down they cleared every body out , but guess what the market works on both ways now on its way up there is no overhead resistance because there is nobody there anymore they destroyed their own game , that's way Silver is going back to $50 shortly ....
Marc Faber : Gold is nowhere close to a bubble
Marc Faber : I was in a resource conference this is one of the resource conferences run by Standard Chartered Bank in Hong Kong all the miners are there and all the big shots in commodities and investors that are interested in commodities are there , ask the audience and you will think that these people have an exposure to Gold only about 5 people in an audience of like 400 had more than 5 percent of their assets in Gold , I find it amazing , I went already to 2 hedge fund conferences these are relatively intelligent people you would think but none of them had any exposure to Gold personally I said to them , you all intelligent people how come you do not have any gold at all don't you see what is happening with the money printing in the world , Gold was $252 in 1999 it is now $1580 (15 July 2011) they think it is expensive at this level what they do not consider is by how much credit has increased over the last ten years by how much the world population have increased over ten years by how much the supply of gold have increased , it is not increasing it is actually contracting , it the next five to ten years the total gold supply in the world will go up by precisely 3.8 percent no more , you know you mine something it is gone it is no longer there and so the supply that is no longer there is like Oil burned it is no longer there , every oil well runs dry over time " .." let's say you buy Gold today , I do not know it may go down say a $100 , here it goes down a $200 but looking at all the factors we discussed I do not believe that we are in a bubble stage , because I have lived through the last bubble in the late 70s I can tell you that the whole world followed the Gold market day and night and traded Gold 24 hours a day like the whole world traded NASDAQ stocks 24 hours a day in 1999 and 2000 that has not happened yet we do not have a heavy weighting we do not have a heavy kind of euphoria about Gold at all , the risk today is not to own Gold but to not to own any Gold , if you have no gold at all I think you are taking a risk , and my advise is simple every month you put some money aside and you buy a little bit of Gold you do not worry about the price fluctuation buy every month a little bit and your grand children will be very happy about that unless the US government takes it away that is a possibility with Mr Bernanke just look at him he particularly not a honest looking character ..."
- in The Financial Sense NewsHour Interview
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)
- in The Financial Sense NewsHour Interview
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Marc Faber
Bob Chapman - Jeff Crouere - July 20, 2011
Bob Chapman : I do not thing there will be a bill by August 2nd , more likely it will be thrown until mid October ....the social security is Ponzi scheme and nothing else ....
Bob Chapman, the International Forecaster discussed the global economy, the debt crisis, the problems in Europe, the rising costs of food and fuel and the overall state of the economy. For more information, or to sign up for his newslette
Bob Chapman, the International Forecaster discussed the global economy, the debt crisis, the problems in Europe, the rising costs of food and fuel and the overall state of the economy. For more information, or to sign up for his newslette
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Ringside Politics
Wednesday, July 20, 2011
The New Gold Fever
Gold panning fine gold how to in light sand and with micro gold Panning and prospecting for gold has become one of the most popular recreational hobbies today. It is possible for many people to actually pay for their gold panning and gold prospecting holidays by selling any of the gold nuggets they find. Many people who pan and prospect for gold are discovering why a simple pan is one of the most effective techniques in discovering and recovering small amounts of gold from a stream bed. Prospecting for gold is very much like being a detective in an old Mickey Spillane novel. When you discover those small flakes in your pan for the 1st time more often then not you will be bitten by the gold prospecting bug and you realize that these small glittering pieces of gold are the only clues leading you to the source of that gold and perhaps a huge mother load
More than 80% of the gold in the Mother Lode is still in the ground.
Gold is most commonly found and or mined in one of two kinds of deposits; Placer and Lode. Placer deposits are areas of free gold that have settled in pockets after being disturbed and moved by many years weather facilitated erosion. Lode is gold found in veins buried deep underground in quartz deposits. Placer gold is mined using panning, sluicing, or dredging. Lode is mined using conventional "deep shaft" hard rock.
WASHING OFF LIGHTER SAND AND GRAVEL
1) Hold the pan just under the water and tilt it slightly away from you. Begin to swirl the water from side to side, with a slight forward tossing motion. Take care, but with sufficient force to move the surface and the lighter gravel out over the edge of the pan.
2) Leveling the pan from time to time and shaking it back and forth will cause the light material to come to the surface and the gold to settle to the bottom.
Repeat process 1 and 2 of step B until there is only about two cups of heavier material left in your pan. This material is usually called "black sand," or "concentrate."
A one-ounce gold nugget is more rare to find than a five-carat diamond.
The amount of gold nuggets being found in the world is less than one percent.
Even though gold is rare, it is far easier to find than winning a major lottery.
Because of its rarity, a gold nugget can be worth 2 to 4 times the value of the gold it contains.
Troy Weight
24 Grain = 1 Pennyweight
or 1.55 Gram
20 Pennyweight = 1 Ounce
or 31.10 Gram
12 Ounce = 1 Pound
or 373.24 Gram
Pure Gold (AU) = 24 Karat
or 1000 Fine
Labels:
Gold Fever
Gold going up to $2,400/oz
2000 years ago 1/10 of oz could buy you a goat. Today 1/10 of oz can still buy you a goat...It's not that the Gold is expensive. It's the Dollar that is cheap...The Fed is planning 2 more rounds of " quantitative easing " ( monetizing the debt). So hyperinflation is a real possibility.German company is installing "Gold to Go" vending machines. They opened their first of 5000 gold ATM machines in Abu Dhabi and are focusing on Germany, Switzerland and a few other countries.Gold is becoming ever more popular, this is another good example of the new gold rush.
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 Financial Survival - 20 July 2011
Bob Chapman : the chances of gold and silver going up a 100 to a 150 percent are excellent between now and the end of February of the next year so what are we talking ? $2000 to $2500/oz $3000/oz and in the silver $80to $90/oz we gonna wait to see , they made a terrible mistake because they used a margin in the COMEX but in the retail they raised their margin to 42000 by doing that they wiped out all the small and medium sized players so there is no resistance on the upside cause everybody is gone and they can't handle 42 percent margin requirement so the only ones that are left are the people and the parties who can afford to be able to go in the market and essentially pay cash so it is big hitters versus big hitters, so the JPM HSBC cartel got a problem as you will see the prices of silver will go up over $50 and the prices of gold will go for new highs ...there will be an explosion in prices when they will try to cover their shorts ...
Andy Schectman : Silver out selling gold 65 to one
Andy Schectman Miles CEO of Franklin Precious Metals says "we are seeing a tremendous demand for silver in fact silver eagles are out selling gold eagles and buffaloes 65 to one " the demand for silver is higher than that of gold and remains strong despite the drawback that we saw in May . "Silver is a Powder Keg Waiting To Explode" Andy Schectman says , silver has been more manipulated than Gold , the Silver to Gold ratio could come down to a single digit number says Andy , the big money in Europe is very nervous to what happens to the euro so there is question that some of that money will move into the safe heaven of Gold
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
Labels:
Andy Schectman
Gold pull-back in the last 2 days is due to profit taking
Will Rhind, Head of U.S. Operations at ETF Securities after Gold has broke the $1600 it has pulled back a little bit due to some profit taking says Rhind :" what we are seeing is Gold gone to $1600 which is a new all time high for gold and since then in the last couple of days it has pulled back a little bit , and if you look at the trend of gold in the last couple of years what we typically see is when gold has made a new high such as the $1600 level it has been subject to profit taking and therefore the price retraced a little bit from its all time high "
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)
David Skarica Gold to Rise Dollar to weaken
David Skarica is a Gold stock adviser is bullish on the Gold "with the US printing as much money as it is and Europe trying to resolve its debt crisis , the flee is to gold " says David Scarica " and I think this shown since the euro crisis begun to boil up again in June with the downgraded debt ib Greece and what not " what we are seeing is a rush to gold because of the debt problems in both the US and Europe , Gold will continue to be a benefactor of that
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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David Skarica
Bob Chapman - National Intel Report John Stadtmiller . Roundtable Noel Bennett - 2011.07.19
John Stadtmiller July 19 2011 Roundtable Bob Chapman Noel Bennett-Commercial Free
Weekly honest open discussion round-table about the behind the scenes
happenings in the financial world. Some say this is the best two hours
in radio. Robby Noel and Jeff Bennett,and above all Bob Chapman of the International forecaster
Weekly honest open discussion round-table about the behind the scenes
happenings in the financial world. Some say this is the best two hours
in radio. Robby Noel and Jeff Bennett,and above all Bob Chapman of the International forecaster
Peter Schiff : Gold is going higher
Peter Schiff : " Gold is going higher , it had a pull back today , if you price the DOW in terms of Gold yesterday the DOW was worth less than 7.8 ounces of Gold that's the lowest level since the bear market begun in 2000 when the DOW was worth 44 ounces of Gold "
"I think the Deal(about the debt ceiling) is bullish for Gold , contrary to all the scare tactics coming out of Washington , if we have an economic Armageddon which we may be have it is not going to be because we fail to raise the debt ceiling but because we succeed , the best thing for the market and the US economy and the worst thing for Gold is that we do not raise the debt ceiling and get our fiscal house in order right now , if we continue to kick the can down the road and raise the debt ceiling that's bullish for Gold and bearish for the US economy and bearish for the Dollar "
Peter Schiff is telling you truth. If you raise the debt ceiling any more, we are totally screwed. It's VERY obvious and I can't believe people are actually falling for this again. How hard is it to do simple math? Schiff was right about the economic collapse, housing bubble, and other problems within the market when most of the fools out there were saying "everything is fine, the market is great".
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 think the Deal(about the debt ceiling) is bullish for Gold , contrary to all the scare tactics coming out of Washington , if we have an economic Armageddon which we may be have it is not going to be because we fail to raise the debt ceiling but because we succeed , the best thing for the market and the US economy and the worst thing for Gold is that we do not raise the debt ceiling and get our fiscal house in order right now , if we continue to kick the can down the road and raise the debt ceiling that's bullish for Gold and bearish for the US economy and bearish for the Dollar "
Peter Schiff is telling you truth. If you raise the debt ceiling any more, we are totally screwed. It's VERY obvious and I can't believe people are actually falling for this again. How hard is it to do simple math? Schiff was right about the economic collapse, housing bubble, and other problems within the market when most of the fools out there were saying "everything is fine, the market is great".
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Labels:
DOW vs Gold,
Peter Schiff
Tuesday, July 19, 2011
China buying Gold hand over fist
The Chinese worried about a possible U.S. default are buying gold and silver hand over fist . The Chinese rush to Gold alarmed by the fear of the U.S. default , Gold is The traditional safe by excellence in times of uncertainty in the currency markets, with the extreme volatility of bank stocks and the fear of sovereign debt defaults (those whose bonds were issued by domestic banks are likely to become toilet paper, what the rating agencies often classify - wrongly - with the name junk) , a true 'gold fever broke among the Chinese investors, with a surge in sales of bullion coins by more than 120% in the first quarter of 2011 on an annual basis. A trend that has pushed up the prices of the yellow metal over the threshold of $ 1,600 an ounce. To drive the demand of the market towards the safe haven par excellence is also the debt crisis of the euro area and the situation far from rosy in the U.S., where the Congress has not yet reached an agreement on raising the debt ceiling with the risk of debt default for the country.
This is why China is focusing on gold. For some time China was a net seller of gold , as well as being a major producer. According to the World Gold Council (WGC), together with India, the country where the demand for gold recorded the strongest growth rates globally. The demand in China is extremely strong, and one of the main factors that drive the market's fears is the rising inflation. Data in hand, in the first three months of 2011 the demand for gold coins and ingots in China amounted to 90.9 tons, an increase of 123% compared to 40.7 tons in the same period last year. In India, sales stood at 85.6 tons. Globally, in 2010 the demand for bullion coins stood under 1,200 tons. According to analysts, the 'gold rush of the Chinese market is a new phenomenon. "Only a few years ago, the Chinese would not have bothered to buy gold bars and coins. But now people will buy them, instead of jewels, as they have a higher value over time . For the Chinese to buy gold is a kind of insurance, they feel they have made a safe investment. Currently, the gold reserves amount to only 1, 6% of the total assets of China, but analysts view it is possible that the Bank of China starts to buy more gold. Especially given the uncertainty related to yields on the US Treasury bonds issued by the Fed, on which China has invested for years because it was believed to be the best way to "park" the money arising from the huge surpluses of their trade balance.
This is why China is focusing on gold. For some time China was a net seller of gold , as well as being a major producer. According to the World Gold Council (WGC), together with India, the country where the demand for gold recorded the strongest growth rates globally. The demand in China is extremely strong, and one of the main factors that drive the market's fears is the rising inflation. Data in hand, in the first three months of 2011 the demand for gold coins and ingots in China amounted to 90.9 tons, an increase of 123% compared to 40.7 tons in the same period last year. In India, sales stood at 85.6 tons. Globally, in 2010 the demand for bullion coins stood under 1,200 tons. According to analysts, the 'gold rush of the Chinese market is a new phenomenon. "Only a few years ago, the Chinese would not have bothered to buy gold bars and coins. But now people will buy them, instead of jewels, as they have a higher value over time . For the Chinese to buy gold is a kind of insurance, they feel they have made a safe investment. Currently, the gold reserves amount to only 1, 6% of the total assets of China, but analysts view it is possible that the Bank of China starts to buy more gold. Especially given the uncertainty related to yields on the US Treasury bonds issued by the Fed, on which China has invested for years because it was believed to be the best way to "park" the money arising from the huge surpluses of their trade balance.
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China
Hyper-Inflation To Push Gold To Double before year End
The fever of gold continues as investors pour into Gold and Silver in order to escape the European and America debt abysses .Even today, the precious metal rises above the threshold of $ 1660 per ounce. It is considered a "safe heaven" of wealth against the odds of the the U.S. and Europe the public debt crisis. By the end of the year gold price could go up as high as 3 thousand dollars. The problem is that the financial system, is incapable of producing real wealth but just debt through credit
Today the gold price is growing, as it is used to do for now almost 11 years. Yesterday it rose above a threshold of $ 1600 per ounce . Analysts say that this "fever" becomes more frantic when investors try to find some "haven" protection of wealth, before the abyss of the European American debt .
European governments, under pressure from the International Monetary Fund, will meet again in Brussels this week to re-think back about the Greek debt, Barack Obama juggles with the failure to find an agreement about raising the public debt ceiling in the U.S., while ratings agencies are threatening to downgrade the United States's rating.
This year the price of gold has increased by 13%, the biggest jump for 90 years. According to analysts, it is possible that if the debt crisis increases, the price of the precious metal will reach $ 1650 by the end of 2011 and will double in a few years. Considering that China and India are among those that most require it , the gold price could reach up to 5 thousand dollars an ounce by 2020.
The economist Bob Chapman said that "we will see a doubling of the price of gold, around 3 thousand dollars an ounce already this fall". Some time ago I calculated that if you take the entire global monetary liquidity expressed in the main reserve currency, the dollar, and you divide by the amount of physical gold available,This would lead to absurd figures, in the order of about 30 - 60 000 U.S. dollars per ounce. The real problem, is that "there is so much paper around, a lot of finance, and a few products of real value .Gold even at $1600 is still very under-priced said James Turk yesterday , there is definably a shortage in the physical gold and silver and the prices have only one way to go and that is up up and up with few corrections along the way...
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)
Today the gold price is growing, as it is used to do for now almost 11 years. Yesterday it rose above a threshold of $ 1600 per ounce . Analysts say that this "fever" becomes more frantic when investors try to find some "haven" protection of wealth, before the abyss of the European American debt .
European governments, under pressure from the International Monetary Fund, will meet again in Brussels this week to re-think back about the Greek debt, Barack Obama juggles with the failure to find an agreement about raising the public debt ceiling in the U.S., while ratings agencies are threatening to downgrade the United States's rating.
This year the price of gold has increased by 13%, the biggest jump for 90 years. According to analysts, it is possible that if the debt crisis increases, the price of the precious metal will reach $ 1650 by the end of 2011 and will double in a few years. Considering that China and India are among those that most require it , the gold price could reach up to 5 thousand dollars an ounce by 2020.
The economist Bob Chapman said that "we will see a doubling of the price of gold, around 3 thousand dollars an ounce already this fall". Some time ago I calculated that if you take the entire global monetary liquidity expressed in the main reserve currency, the dollar, and you divide by the amount of physical gold available,This would lead to absurd figures, in the order of about 30 - 60 000 U.S. dollars per ounce. The real problem, is that "there is so much paper around, a lot of finance, and a few products of real value .Gold even at $1600 is still very under-priced said James Turk yesterday , there is definably a shortage in the physical gold and silver and the prices have only one way to go and that is up up and up with few corrections along the way...
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 - Ron Paul is the only shot left
Bob Chapman - Power Hour 19 July 2011
Bob Chapman : The only shot left is Ron Paul ...We lost control; of the country to the banks Walls street and the large pharmaceutical corporations and Insurances , transnational corporations it's pathetic and nobody seems to get it they do not even understand that their country is broke , less than 1 percent in America (exactly 0.8% ) own any gold and silver coins bullion or shares , it is people buying from other countries that are making the gold go up
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Power Hour,
Ron Paul
Rare Liberty Gold Coin
Liberty gold coins were minted form 1849 to 1907 and are rare gold coins. Historically profitable record of favorable gains the Liberty head gold composition is made up of 90% percent gold and was used as official US Currency until 1933 when most gold coins were melted down during the great depression.
The gold content and the rarity of the coin gives it a higher value than say gold bullion that trades closer to the spot price of gold. It is the $20 liberty gold coin that is the most popular and demanded coin in this series due to its gold content and scarcity.
All that glitters isn't necessarily gold unless it's this magnificent addition to your collection - our $5 U.S. Liberty Gold Coin. This coin - also known as the Liberty Head Half Eagle .Certified graded coins always include that information in the product description you can access through the "Buy Now" link in the video description. If there isn't one listed, then it's not a certified coin or our vendor partner didn't provide us with that information.$10 Liberty Head Gold Coins | Buy Gold | Sell Gold at 1-866-775-3131 Short Video of the $10 Liberty Head Gold Coin. Browse all Gold Coins and other Precious Metals or set up a Gold IRA / 401k Rollover
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Liberty Gold Coin
Huge demand for Gold coins coming from Europe
Dominic Schnider, Head Commodity Research at UBS Wealth Management is bullish on Gold and expects the price of Gold to hit $1700 in next 3 months.There is a lot of demand presently taking place in Europe especially on the coin side not ETFs says Dominic people like to change their Fiat money into real hard assets like Gold and Silver ....
Hyper-Inflation To Push Gold price To Double by year end
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)
Hyper-Inflation To Push Gold price To Double by year end
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman : All The Banks in Europe will go under
Bob Chapman - Radio Liberty - 18 July 2011
Bob Chapman : we are telling the truth and it is getting to everybody around the world and they can't stop it ,
as far as Europe is concerned the bailout of the six countries that are in trouble will cost 4 trillions ,they are entrapped , if they bail the countries out and make them insolvent they will destroy themselves , they got to let them go bankrupt ...
Bob Chapman : we are telling the truth and it is getting to everybody around the world and they can't stop it ,
as far as Europe is concerned the bailout of the six countries that are in trouble will cost 4 trillions ,they are entrapped , if they bail the countries out and make them insolvent they will destroy themselves , they got to let them go bankrupt ...
Monday, July 18, 2011
James Turk : gold and silver prices will explode this summer
James Turk of goldmoney.com on the Kerry Lutz - July 18, 2011
James Turk : " ... I made a contrary call because normally gold and silver are pretty quite during the summer months , because it is a seasonal pattern that tends to repeat , but it does not always work that way " says James Turk " I keep going back to 1982 when gold prices rose 50 percent in three months during the Mexican debt default and my point has been is this summer is going to be a repeat of 1982 it is not Mexico that is going to default this time it is going to be somebody else whether it is Greece United Kingdom Belgium Italy Spain United States Japan or anyone of a dozen other countries who knows , but it looks like it is gonna be a good couple of months for the metals as people worry about the default and move into the security of gold and silver "....."there are two assets types , tangible assets and financial assets and what's happening as you go through a bust , financial assets financial assets lose value , promesses are broken and people move to tangible assets of all sorts and the most liquid of tangible assets is of course gold and silver , so it is not too surprising that we see gold at a new record high this morning and silver approaching back that January 1880 all time record high , i expect new highs in the precious metals as we go forward because this bust that we are in still has few more years ......"
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
James Turk : " ... I made a contrary call because normally gold and silver are pretty quite during the summer months , because it is a seasonal pattern that tends to repeat , but it does not always work that way " says James Turk " I keep going back to 1982 when gold prices rose 50 percent in three months during the Mexican debt default and my point has been is this summer is going to be a repeat of 1982 it is not Mexico that is going to default this time it is going to be somebody else whether it is Greece United Kingdom Belgium Italy Spain United States Japan or anyone of a dozen other countries who knows , but it looks like it is gonna be a good couple of months for the metals as people worry about the default and move into the security of gold and silver "....."there are two assets types , tangible assets and financial assets and what's happening as you go through a bust , financial assets financial assets lose value , promesses are broken and people move to tangible assets of all sorts and the most liquid of tangible assets is of course gold and silver , so it is not too surprising that we see gold at a new record high this morning and silver approaching back that January 1880 all time record high , i expect new highs in the precious metals as we go forward because this bust that we are in still has few more years ......"
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
Labels:
James Turk
James Turk we are heading towards a summer of all records for Gold and silver prices
James Turk of goldmoney.com on the Kerry Lutz - July 18, 2011 : " we are at $1600for gold and silver is back in the $40 , I made a contrary call because normally gold and silver are pretty quite during the summer months , because it is a seasonal pattern that tends to repeat , but it does not always work that way " says James Turk " I keep going back to 1982 when gold prices rose 50 percent in three months during the Mexican debt default and my point has been is this summer is going to be a repeat of 1982 it is not Mexico that is going to default this time it is going to be somebody else whether it is Greece United Kingdom Belgium Italy Spain United States Japan or anyone of a dozen other countries who knows , but it looks like it is gonna be a good couple of months for the metals as people worry about the default and move into the security of gold and silver ".....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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James Turk
Gold - The Most Popular Asset Class in Asia
Gold and cash are The Most Popular Asset Class in Asia , Chris Gill, General Manager at Friends Provident International says gold is the most preferred asset among investors in Hong Kong, Singapore and UAE.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Asia Gold Demand
Gold Could Hit $1700 By Year End
CNBC discusses the rally in spot gold prices - its longest winning streak in four decades.Gold this morning hit an all time high by breaking the psychological barrier of $1600/oz , while Silver is back over the $40/oz barrier all this despite the summer being a sluggish month for Gold we are not in the heat of the Indian wedding season and we have passed the valentine day time , so how high Gold will go ??? according to many experts the Gold prices will explode this summer to stratospheric levels , so hold on to your physical gold and silver the show is about to begin ...LOL...
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 Cramer never late to get into GOLD
Mad Money host Jim Cramer says it's not too late for investors to get in on the precious metal especially Gold ...Jim Cramer "the average portfolio has 1% to 1.5%. do you come into gold here? i have heard over and over again. here is the problem with gold. people missed the move. it's clearly untrue. given the uncertainty in the euro and the dollar i don't think it's too late"
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Jim Cramer
Gold at $1600/oz Silver at $40/oz and climbing
Update on Gold soaring this morning to all-time highs Gold at $1600/oz Silver at $40/oz and climbing
Sharon Epperson :"....the spread continues to blow out. the spread is what a lot of traders with watching now. that's a reason why we are looking at it. here on the floor, all the action has been in the gold market. you have been talking about $1600 gold. also the fact that we have seen hedge funds adding position. there is a surge in the long positions. a big reason why we are looking at the higher price as well. not only in dollar terms. it's important to realize Bernanke said he didn't believe gold is money. when you look at gold in euros, the pound, the yen, we are at new highs here. people around the world are using gold as alternate currency and silver as well. the highest we have seen since the beginning of may. over $40. the percentage gain higher than what we are seeing in gold. this is the currency folks are focused on. "
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)
Sharon Epperson :"....the spread continues to blow out. the spread is what a lot of traders with watching now. that's a reason why we are looking at it. here on the floor, all the action has been in the gold market. you have been talking about $1600 gold. also the fact that we have seen hedge funds adding position. there is a surge in the long positions. a big reason why we are looking at the higher price as well. not only in dollar terms. it's important to realize Bernanke said he didn't believe gold is money. when you look at gold in euros, the pound, the yen, we are at new highs here. people around the world are using gold as alternate currency and silver as well. the highest we have seen since the beginning of may. over $40. the percentage gain higher than what we are seeing in gold. this is the currency folks are focused on. "
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, July 17, 2011
Bob Chapman - Green T Hour - July 15, 2011
Bob Chapman - Green T Hour - July 15, 2011
Bob Chapman : ....I said that Silver and Gold have bottomed out at a support level and I said that I felt that was it and that on Monday Tuesday and Wednesday the market will be back up again and long and behold I was right , the significant part of hat happens was that it was a major naked short covering by HSBC JPM and others in both silver and gold but in particular in Silver , they knew the lawsuit was on the way ....
Bob Chapman : ....I said that Silver and Gold have bottomed out at a support level and I said that I felt that was it and that on Monday Tuesday and Wednesday the market will be back up again and long and behold I was right , the significant part of hat happens was that it was a major naked short covering by HSBC JPM and others in both silver and gold but in particular in Silver , they knew the lawsuit was on the way ....
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Green T Hour
Sell Your House and Buy Silver ?
Silver the poor man's Gold is breaking out , Sell Your House and Buy 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
Saturday, July 16, 2011
Gold is Money Everything Else is Credit
Robert Ian : Gold is Money Everything Else is Credit , on July 13, 2011 Congressman Ron Paul questions Federal Reserve Chairman Ben Bernanke in a U.S. House Financial Services Committee Meeting shortly after reports surfaced that the Federal Reserve was preparing for a third round of quantitative easing.
here is a transcript of the Q&A between Dr Ron Paul and FED chairman Ben Bernanke about Gold being money or not being money :
Paul: “Do you think gold is money?”
Bernanke: “No. It’s a precious metal.”
Paul: “Even if it’s been money for 6,000 years? Somebody reversed that and eliminated that economic law?”
Bernanke: “Well, you know, it’s an asset. Would you say treasury bills are money? I don’t think they’re money either, but they’re a financial asset.”
Paul: “Why do central banks hold it (gold) if it’s not money?”
Bernanke: “Well, it’s a form of reserves.”
Paul: “Why don’t they hold diamonds?”
Bernanke: “Well, it’s tradition. Long-term tradition.”
Paul: “Some people still think it’s money.”
here is a transcript of the Q&A between Dr Ron Paul and FED chairman Ben Bernanke about Gold being money or not being money :
Paul: “Do you think gold is money?”
Bernanke: “No. It’s a precious metal.”
Paul: “Even if it’s been money for 6,000 years? Somebody reversed that and eliminated that economic law?”
Bernanke: “Well, you know, it’s an asset. Would you say treasury bills are money? I don’t think they’re money either, but they’re a financial asset.”
Paul: “Why do central banks hold it (gold) if it’s not money?”
Bernanke: “Well, it’s a form of reserves.”
Paul: “Why don’t they hold diamonds?”
Bernanke: “Well, it’s tradition. Long-term tradition.”
Paul: “Some people still think it’s money.”
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