Bob Chapman : The FED and the treasury department are knocking the price of Gold down because they know some bad bad stuff coming and they want to preemptive so that the Gold price won't get to $3000 by the end of the year ....Bob Chapman announces that he is a buyer of Gold and Silver and that he will continue to buy next week , same here for me , I am planning to by more on Monday hoping that the prices remain this low or go lower ....The Chinese will be big buyers too says bob Chapman cause they like to get rid of their stacks of US Dollars anyways and they will take advantage of this wonderful discount on gold and silver prices....
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
Friday, September 23, 2011
Bob Chapman Special Precious Metals Panic Report
Bob Chapman - Kerry Lutz -Special Precious Metals Panic Report 9-23-2011
Bob Chapman : what we saw is the work of your government says Bob Chapman it just shows you how blatant the manipulation of the market is , how long it will last ? it will turn around next week . they are not going to make their point because the stock market it went down with it it is a complicated thing , Mr Bernanke will come over the weekend with something similar to QE3 in addition to operation twist says Bob Chapman
Bob Chapman : what we saw is the work of your government says Bob Chapman it just shows you how blatant the manipulation of the market is , how long it will last ? it will turn around next week . they are not going to make their point because the stock market it went down with it it is a complicated thing , Mr Bernanke will come over the weekend with something similar to QE3 in addition to operation twist says Bob Chapman
Why is Eric Sprott buying SLV ?
Bob Chapman of the international forecaster answers a question about why is Eric Sprott asset management buying SLV , and if SLV is a competitor to PSLV , " one of the things that Mr Sprott did was when silver was at $50 he blow out his own personal position and that position within PSLV is his symbol and he sold out , he did not tell anybody until it was uncovered by the Globe and Mail newspaper ....Bob Chapman adds that he does not know why is he buying SLV because he knows darn well that they do not have any physical 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
Huge Gold sell off in Gold Market , buy buy buy
David Morgan : the Gold and Silver communities on the physical side are not afraid of this they are stepping up in the plate and are buying more physical metals , they are buyers buyers and more buyers says David Morgan , although it may take up to three month according to him for gold to repair this loss and go back to the 1900 level
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David Morgan
Bob Chapman on PSLV vs SLV
Bob Chapman answers a question about why is Sprott asset management buying SLV , and if SLV is a competitor to PSLV , " one of the things that Mr Sprott did was when silver was at $50 he blow out his own personal position and that position within PSLV is his symbol and he sold out , he did not tell anybody until it was uncovered by the Globe and Mail newspaper ....Bob Chapman adds that he does not know why is he buying SLV because he knows darn well that they do not have any physical silver ....
Bob Chapman - Coast to Coast AM 23 Sept 2011
Bob Chapman :...government does not ant you to know certain things as it takes power away from them , government wants to be powerful and above you and controls you , people are questioning the truth , it is not easy to find in the major media ...the most important thing to people is how to retain their wealth .. those of us who have land during the 30s the 40s and the 50s up until today realize that the american dream it was all based on credit and that the credit is coming home to roast ...
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Coast to Coast AM
Thursday, September 22, 2011
Bob Chapman explains Operation Twist
Bob Chapman - a Marine Disquisition - 22 Sept 2011
Bob Chapman : Operation Twist is where the FED creates money out of thin air and goes into the Bond market and holds up or makes static the prices on short term bills up to the two years bills at the same time they expect to go in the long into the market which is 5 years notes 7 years and 10 years notes and they are going to buy them to make the yields go down and they will probably do some thirty years bond as well as you can see they have different names bills notes and bonds , what they are going to do is force long term bond prices up to make the yield go down ( one is inverse to he other )
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Operation Twist
Bob Chapman explains what happened in The Gold Market today
Bob Chapman - The Freedom Files 22 September 2011
Bob Chapman : when you have manipulated market you have things like that happen , in any way Gold and Silver will turn around and oil will too , the Federal Reserve is going to create money out of thin air with this operation twist ,Bob Chapman on The Global Freedom Report 9/14/11
Bob Chapman : the German people have had it and they are angry and loaded , for bear , they could have a revolution in Germany , all he european banks are essentially broke , once Greece default they'll have a new Drachma
Bob Chapman : if you are in the GLD and SLV you are going to lose all your money
Bob Chapman - The Sovereign Economist - 21 Sept 2011
Bob Chapman : I expect that because of the relationship between the COMEX the LBMA with GLD and SLV and they do not have any gold to speak of and they have phoney audit and they are using derivatives options and futures contracts that relationship is going to break down and when it does everyone is going to lose all their money so all you speculators out there who are in the LBMA and COMEX and GLD and SLV one of these days you are going to wake up and your money is all gone
Bob Chapman : I expect that because of the relationship between the COMEX the LBMA with GLD and SLV and they do not have any gold to speak of and they have phoney audit and they are using derivatives options and futures contracts that relationship is going to break down and when it does everyone is going to lose all their money so all you speculators out there who are in the LBMA and COMEX and GLD and SLV one of these days you are going to wake up and your money is all gone
Bob Chapman recommends 30 percent in gold and silver coins and 70 percent in gold silver shares
Bob Chapman with Kerry Lutz - 9-21-2011 Bob Chapman : my recommendation is 30 percent in Gold and Silver coins split evenly , and I would generally stick to bullion coins in both....
with the shares at 70 percent , why ? because historically they have far far outperformed coins , to me coins are for a different thing and I got a lots of them , for emergencies and that sort of things , in the worse of the depression gold and silver shares went up over 500 percent the DOW dropped 90 percent and yes the price of gold doubled but did not go up 500 percent , during the inflation of 70-71 they went up forty times more on average than the price of Gold , I am not saying that will happen again but they will the shares will outperform
with the shares at 70 percent , why ? because historically they have far far outperformed coins , to me coins are for a different thing and I got a lots of them , for emergencies and that sort of things , in the worse of the depression gold and silver shares went up over 500 percent the DOW dropped 90 percent and yes the price of gold doubled but did not go up 500 percent , during the inflation of 70-71 they went up forty times more on average than the price of Gold , I am not saying that will happen again but they will the shares will outperform
Jim Rogers : today I would buy Silver because it is 25 percent below its all time high
Jim Rogers : " silver goes down in fact if I had to buy one today I would buy Silver because it is 25 percent below its all time high while gold recently made an all time high , but I am not buying either today if I would buy anything today I would buy agriculture ..."
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
Wednesday, September 21, 2011
Bob Chapman - The Financial Survival - 21 Sept 2011
Bob Chapman - Discount Gold and Silver Trading 21 Sept 2011 what's going on in the bond market and has been for the same amount of time gold and silver were going up is massive manipulation dreadful unprecedented Gold is the only real money nobody wants fiat money , they can knock the price of gold for two ot three days and then it will come right back again ...
Gold prices will go higher regardless of the FED announcement
The case for gold remains bullish says Tim Harvey, Senior VP at ETF Securities, the news from Europe especially Greece and Italy are very bullish and investors were very bullish at the LBMA conference this week and that prices will move higher no matter what the Federal Reserve meeting outcome ....this retreat of Gold price is mainly due to the strength in the US Dollar ....this is a golden opportunity to load on Gold and silver before the prices shoot up again to new highs
Bob Chapman - National Intel Report 20 Sept 2011
Bob Chapman : The Globalists may start a war between Turkey and Greece and Israel in order to force Germany to bailout Greece says Bob Chapman , The American government is coming after your IRAs and 401Ks , , the only people that will do OK are those who are invested in Gold and Silver related assets and that's only 1 percent of the American population , the rest will not have anything to eat
Bob Chapman : we could see a Greece Turkey war with Israel Involved
Bob Chapman - WideAwakeNews - Sept 19, 2011
Bob Chapman : Turkey has combat vessels o Greeks waters drilling for oil , in the meantime Greece signs an alliance with Israel in case of a war with Turkey , this could be the beginning of a major international crisis , a Greece Turkey war with Israel involved to use as a divergence from the economic problems in Europe , they can use the war as an excuse then they will come up with the money to bailout Greece ,
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WideAwakeNews
Tuesday, September 20, 2011
How are Silver and Gold Coins Priced ?
How are Silver and Gold Coins Priced? where and how to get the Best Price Silver and Gold Bullion. Find out about how you can buy silver bullion easily and cheaply. With the financial markets in turmoil, silver in decline (harder to get) and the dollar Dropping; Physical silver and Gold Bullion are our only 100% safe Places to protect our money. With a rising inflation, your money in the bank will Not beat real inflation (if you are lucky enough to get over 5.2% interest paid by the bank). Most bank accounts offer lower than this interest rate and then you have income tax to pay on this interest. We all know now that no matter how large a bank is, none are immune from failure or from going bust.
Bill Still : There is No Gold at Fort Knox
Author and filmmakerBill Still, director of The Money Masters & The Secret of Oz, is with Max Keiser and Stacy Herbert on the Keiser Report ,he speaks about the Fort Knox gold , He confirmed that there is no gold left at Fort Knox , Bill Still is famous for being against a gold standard economy ,very strange indeed coming from a knowledgeable and wise man that he is . I do not agree with his arguments but I listen to his ideas with an open mind . Bill Still 's latest book is No More National Debt. In it, he continues his investigation into the fraudulent debt-based monetary system that is has been systematically destroying the United States. No More National Debt sounds the battle cry for a new human rights movement for the 21st century.
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Bill Still,
Fort Knox Gold
Bob Chapman on GONOB Radio - 19 sept 2011
Bob Chapman discusses with Gonob the recent RENO AIR SHOW CRASH and if we should consider the pilot as a hero or not ... do not try to trade the market because the market is not free it is controlled by the United States Government says Bob Chapman referring to the Gold and Silver market , the only time the chartists are right is when they get lucky , because we do not have a free market ,
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RENO AIR SHOW CRASH
Bob Chapman - Radio Liberty - September 19, 2011
Bob Chapman : The American economy will continue to deteriorate , they are going to continue to ship jobs overseas and they have no intention of stopping it , it is a destructive process and it is being done deliberately , if we can get Ron Paul elected we can turn the country around ,
Chinese Investors attracted to High purity Gold
The Chinese Authorities have released the first national standards on "high pure gold," a move that is likely to boost the country's gold consumption."High pure gold," as it is called in the standards, refers to the gold with purity of 99.999 percent, or "five nines," and is also the highest purity so far Generally speaking, a gold ornament with an amount of metal reaching 99 percent is called "pure gold," and more than 99 percent is called "thousand pure gold." Currently in the Chinese market, the highest purity level of a gold ornament usually reaches 99.99 percent, or "four nines." With the purity of 99.999 percent, the "high pure gold" used to be used in high-tech industry, such as aerospace. It requires a higher quality of the raw material and a more complicated technological craft. There's been no end to Chinese investors' appetite for gold in recent months. And now, an added lure - investors can buy not just 99.9 percent gold, but 99.999 percent - even purer than before. - source CCTV
Gold Spikes by More Than $30 and is expected to rally even more
Gold is expected to rally more than the $30 of this morning due to very bullish news coming out of Europe about the Greek's debt crisis but also Italy's credit grade downgrade this morning and the FED meeting where Ben Bernanke is expected to announce some new QE3 or similar " ...When I was on an hour, it was unbelievable that gold had not rallied more with the stark outlook for the U.S. and the European economy. some traders are saying they're also looking at headlines about the EU and IMF having to send officials to Athens to close the aid deal there and sources close to the troika saying that to wire services. will any of it be enough? that is what traders on the floor are mentioning. The downgrading of Italy's credit rating rating perhaps even more troubling than the Greek situation and then the FED meeting to watch and we are looking at gold prices back here at 1810 level and it is still down more than 100 bucks from the all-time high we saw just a week ago " says Sharon Epperson
Bob Chapman - The Liberty Round Table Radio - 19 Sept 2011
Bob Chapman : The Job creation legislation is not going to create any jobs , they want to move that money that they will cut from social security and medicare over to this jobs program , because they know that taxing the rich will never get through because the republicans will never let it go through and so they'll make a deal on the rest of it and screw the people like me who have spent their whole lives paying into social security
Monday, September 19, 2011
Bob Chapman - Financial Survival 19 Sept 2011
Bob Chapman : the situation in Europe is upside down , Gold will probably recover from here , the German people are furious they are sick and tired of supporting everybody ....Greece made a deal with Israel , the tension between Greece and Turkey are arising over offshore oil drilling , Bob Chapman also explains that we can have hyperinflation and deflation simultaneously ... Bob Chapman also calls for an NFL boycott ,
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Financial Survival
Bob Chapman - Erskine Overnight - September 17, 2011
Bob Chapman : the European union is on the brink of collapse , the bailout money is not going to do anything , gold price is going to come back again in three or four days , whoever owns banks stocks in Europe or even in America are going to get killed says bob Chapman , get out of stocks and bonds and put your money in gold and silver related assets ...
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Erskine Overnight
Bob Chapman : America that you know is gone
Bob Chapman : I got news for you America that you know is gone , you'll be lucky if we can emulate the 1950s that's when I grow up and it was not an easy job , you could not find a job you had to be connected , that's where we are headed many of you people will never ever work again ...they sent you probabl job to China or some other place , it is over you will eventually end up in an internment camp you will starve to death and they won't treat you .....
The Gold Market Dependent on Market Sentiment
Gold is whatever price you want it to be at the end of the day looking at demand and supply fundamentals it is not really connected to that aspect of the market more so it is connected to sentiments says Michael Langford, Proprietary Trader at StreamTrading.com,
Bob Chapman gives his opinion on some famous market commentators chartists and Wall Street icons
Bob Chapman gives his opinion on some famous market commentators chartists Newsletteres Writes and Wall Street icons like Max Keiser , Jim Rogers Marc Faber , Gerald Celente , Peter Schiff , Robert Prechter ,James Turk , Eric Sprott , Jim Sinclair , Jim Rickards , Gerorge Soros , Rick Santelli , etc....
Saturday, September 17, 2011
Bob Chapman : there is a run on the Banks in Europe right now
Bob Chapman on the Alex Jones Show 16 September 2011 :
Bob Chapman : this super congress is modeled after the 1933 enabling act of the National Socialist Party in Germany , which mad Adolf Hitler a dictator and with these 12 people that's exactly what they intend to do , so we are going to have a dictator in few years because we have allowed that kind of things to go on in our government ....90 percent of the people in the congress are paid off so they do what they are told otherwise they do not get re-elected ....there is a run on the Banks in Europe right now just like we had 3 years ago with the credit crisis
Bob Chapman : this super congress is modeled after the 1933 enabling act of the National Socialist Party in Germany , which mad Adolf Hitler a dictator and with these 12 people that's exactly what they intend to do , so we are going to have a dictator in few years because we have allowed that kind of things to go on in our government ....90 percent of the people in the congress are paid off so they do what they are told otherwise they do not get re-elected ....there is a run on the Banks in Europe right now just like we had 3 years ago with the credit crisis
Friday, September 16, 2011
Bob Chapman : The Austrian Banks limiting the Gold purchase to 15K Euros
Bob Chapman - Financial Survival 16 Sept 2011
Bob Chapman : The Austrian Banks limiting the Gold purchase to 15K Euros which is about $20K ,unless they have a database reporting the sales in all the banks this is useless , this is stupid says bob Chapman , it will just create a black market for gold with higher premiums , they are trying to limit the people from purchasing gold other European countries are doing the same , this gold thing is just killing them , they should know better than this , this is dumber than dumb , but it shows you how desperate they are ....Europe default may send Gold to $6000/oz
CNBC is now reporting that Gold may top $6000 an ounce along with silver at $600/oz in the near future caused by the banks failures and the default that are on the horizon in Europe , investment capital will continue to flock into safe heaven assets like gold and silver if these banks continue to default
Bob Chapman - De Deagle Show - Sept 16 2011
Bob Chapman : My prophecy of two years ago that Greece would and should go under is coming true , would that be next month of September when they will have their meeting I do not know would it be next month I do not know I just know it is going to happen , do what you are supposed to do to get ready for it this is going to be far worse than what we saw three years ago during the credit crisis and then the crisis that will come after that in New York City and London is going to be even worse because you got all these money market funds and the pension funds they have been buying bonds in these nations that are in trouble Greece Portugal Ireland etc....reaching for yields reaching for interest income
Bob Chapman - The Sovereign Economist 15 September 2011
Bob Chapman : this is the beginning of the end , how long would it take , 3 or 4 years may be , but it is going to come they are going to destroy society they are going to make the third world countries stronger and the first world countries weaker so that they can force them on their knees to accept a world government and that's what all this is all about ....
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David Morgan : we may see some softness in Gold before we see strength
David Morgan : we broke out of a traditional triangle pattern , I get emails saying that technical analysis does not work , first of all technical analysis dopes work some of the time , it is a tool but it is helpful , and we broke through the bottom side of this symmetrical triangle which normally is bearish for gold and as I said few weeks ago there is gap at the 1670 level I am not rolling that out longer term , I still believe that we are still going to see a a bit of a tough sliding for gold
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David Morgan
Bob Chapman : they are getting ready to steal the IRAs and 401Ks
Bob Chapman - FREEDOMIZER RADIO - September 13, 2011
Bob Chapman : they are getting ready to take the IRAs and 401Ks they are going to stick it to the old people and the people who have been saving who are not old , and I have been telling people for two years and a half 'get out' they are going to steal what's you've got and that's what they are afterthey are going to chop it up the social security as well , it is a murder absolute murder , these people who are living on social security they do not have money to live they do not have money to pay for prescription drugs , they are going to die .....
Bob Chapman - A Marines Disquisition - 14 Sept 2011
Bob Chapman : the FIAT currencies are being devalued and Gold and Silver are being re-valued we do have the United States government in the market from time to time manipulating it but gold and silver always come back , so if they manipulate it down it gives you a chance to buy cheaper , this has been going on for a long time , once the price of gold and silver break out the gains will be monumental and it is going to happen absolutely no question , we have seen in 11 and a half years one of the biggest bull markets in history and we are not through yet we got another 5 to 10 years to go and so if you want your money safe that's where you put it ....the very essence of gold and silver related assets is that in deflation you hold your value and in inflation through the appreciation of those metals you retain your wealth , retaining whatever wealth you have is all what this is about if you worked your whole life and you are worth ten million dollars then you do not want to lose it to inflation or something else and so that's the ay you do it and it has been going on for centuries , nothing new
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A Marines disquisition
Thursday, September 15, 2011
Bob Chapman - THE NATIONAL INTEL REPORT - 13 Sept 2011
Bob Chapman : Iceland is getting stronger economically and financially , The plans for China go back to the 60s and they were started by Kissenger
Silver Prices Are Stuck
The Global slowing economy is putting a ceiling on silver right now , if gold goes above 1900 it is likely that we will see silver staying above 42 dollars an ounce , and if gold stays above 1800 , silver will likely hover around $40/oz says Anthony Neglia, president of Tower Trading, is revising his once optimistic view of the silver price and is bracing for more downside.
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
Donald Trump in association with APMEX Takes Gold as a Security Deposit
Donald Trump, chairman and president of The Trump Organization, explains why he will accept gold as a security deposit in lieu of U.S. dollars. Donald Trump : sadly we all know what's happening to the dollar , the dollar is going down and it is not a pretty picture and it is not being sustained by proper policy and proper thinking , this was an opportunity to show people what's happening to the dollar so we can do something about it "
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Donald Trump
Bob Chapman - Ringside Politics - September 14, 2011
Bob Chapman : what worries me is the super congress says bob Chapman of the International forecaster , they are talking about obout a trillion dollars in cuts , they will cut social security and medicare which people paid for .....
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Ringside Politics
Bob Chapman - Kerry Lutz 14 Sept 2011
Bob Chapman : the \government wants to own the entire housing stock in the US says Bob Chapman of the International forecaster we are moving towards a corporate fascist system even at official inflation numbers gold should be selling at $2400 and at unofficial inflation numbers gold should be at $8000 an ounce , so gold at this prices is still very cheap , buy with both hands while you still can ...
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Kerry Lutz
Wednesday, September 14, 2011
Peter Grandich - GATA Gold Rush 2011
This interview was recorded in London on August 6th 2011. Peter Grandich, was interviewed by James Turk discussing gold, the S&P Downgrade, the future of America, silver, the GATA Gold Rush 2011 London conference the US Treasury bubble and that no debt crisis is ever solved by adding more debt and more. Peter is the author and founder of the internationally followed blog "The Grandich Letter."
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Peter Grandich
Bob Chapman - The Financial Survival 14 Sept 2011
Bob Chapman : The Swiss did the dumbest thing ever they devalued their currency by 40 percent , Switzerland especially the German part is becoming more liberal says Bob Chapman , there is a dangerous incident going on in Europe that is worse than the Lehman Brothers debacle and yet the stock market is going up !!! that's the US government at work......
Owning physical gold is becoming more popular with Investors
Owning gold ETFs has been popular for a while, but some firms are starting to bet that owning physical gold is going to be popular as well : "private gold vaulting has traditionally limited the ultra high net worth of our society. it is hard to buy physical gold, have it stored properly and insured so our company is using technology and making it available to everybody " says avneet Singh, Bullion Gold International founder/CEO. " it's more the idea of choice. we want to give investors the ability to buy the physical asset. and we think if we can make it as easy as buying a stock or bond they'll always choose the hard assets because it is a safer product." "from a product perspective you can buy gold bars, gold coins and store them at different locations. we offer Zurich, London, New York, Utah. you can work through a financial adviser or call us. you want to buy physical gold as easily as a stock or bond"
3 Ways a Gold Standard Can Work
Steve Forbes is championing a return to a gold standard in five years time. together with Peter Schiff and Ron Paul , If Ron Paul become President in 2013. He will use Gold Standard for US dollar to make it valuable again.Paper money like Dollar, Yen, Euro, and rest currency are worthless. They are not valuable. Gold, Silver, Diamond, Ruby, Sapphire, Emerald, and other GEMS are worth a lot. If you go back in time like in Middle Age and you bring a currency from your country. You want to buy food and you give them your currency. You know what they going do they are going laugh at you. They say paper are worth nothing. Paper money is not just a mere userfriendly substitute for gold, like it is portrait to be and taught in schools; this is a dirty lie. Paper money is a means for power institutions (states, banks,..) to steal your valuables or fruit of your labor by imposing a fantasy trade item of which the value they manipulate as they wish. They can do this because violence is inherent in this system and all of humanity is oppressed by these institutions. Yes the world has changed; now we all are slaves
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Gold Standard
Tuesday, September 13, 2011
Bob Chapman - Radio Liberty - Hour 3 - 12 Sept 2011
Bob Chapman : all the European banks are bankrupt unless their countries step in and bail them all out The people in Germany cannot take it anymore we can see violence in both Germany and Greece
Nick Barisheff : Gold Is Not in a Bubble
Nick Barisheff, CEO at Bullion Management Group Inc says Gold is not in a bubble , Gold has been money for 3000 years and it is still today , the same people that say Gold is a bubble have been saying that gold was in a bubble when it was at 500 , at 800 at a 1000 , and now at 1800 , gold is money also if you has hundred dollars bills in a vault they do not produce dividends , that's because gold is money it does not produce dividend too , because money is not an investment , we are in a currency bubble not in a gold bubble ....
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Nick Barisheff
In China Investment demand for Bullion remains strong
In China Gold jewelry demand accounts for 53 percent of China's total gold reserves. If the global price for the precious metal keeps rising, it's set to increase the risk of gold investment Investment demand for Bullion remains strong despite the instability of the prices and the high volatility the investment remains relatively low risk .....
Gold Prices to Keep Climbing
In trading gold investors need to retain a sense of history. Gold was pegged at $32 an ounce from the end of WWII until 1971 when the US went off the gold standard. It rose to over $600 an ounce in 1980 until falling precipitously to the $200 range where it remained for twenty years. The current price of gold is based in part on fundamentals and weakened economies and in part on fear of a global financial meltdown. If a trader gets caught in a highly leveraged futures position just as EU and US officials solve their debt dilemmas trading gold could be the least profitable trade of a lifetime. In short, watch technical analysis and hedge risk with options is often the best advice. Trading gold on the Comex has entered a new era as gold futures rose over $1,600 an ounce recently. As twin debt crises plague the two largest economies in the world investors are looking for safe havens as a means of hedging investment risk. Trading gold has always been a means of hedge inflation risk and a refuge in times of political crisis, economic chaos, and war. Gold bullion futures are traded on the Comex, one of two branches of the New York Mercantile Exchange, NYMEX. Billions of dollars of precious metals, agricultural commodities, and energy products are handled by the NYMEX.
Still very strong demand for Gold across the board
"I think what we're seeing is continued strong interest in gold across the board,whether it is in the futures speculative positions have been rising pretty aggressively during last couple of weeks , whether it is in ETCs where we are seeing pretty strong inflows and also in the physical market " says Nicholas Brooks, Head of Research and Investment Strategy at ETF Securities told CNBC. " so I think across the board despite the price being at only 3 percent off its all time high we are still seeing very strong demand "
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