Sunday, December 12, 2010

David Adamson on Gold popularity

Rubicon CEO David Adamson on gold's popularity

In this video, David Adamson, CEO of Rubicon Minerals Corporation, shares his view on why gold is so popular. He also explains where he stands in the inflation/deflation debate, how one should buy gold, and what the prospects of silver are.

crash jp morgan buy silver : JP Morgan is short 3,5 billion oz silver, CFTC does nothing

Bob Chapman on Goldseek Radio
JP naked 3.3bil oz silver.The financial system that is terrorizing the world is a direct out growth of the Venetians and Vatican...the roots go that far back and that deep.CFTC - the same financial terrorist as JP Morgan


Bob Chapman is a guest so frequently on all of these shows that his appearance is not an interview! but as a friend hanging out! Yo will note that this is more like a conversation....That is becasue it is not an interview! Great show as always.

Chinese consumers rushing to buy gold in China even at record high price

Chinese consumers rushing to buy gold in China even at record high price And in the west they shout sell us your gold sell us your gold NOW! hmm think about it people.



25th September 2010
International gold prices rallied to record highs on Friday, with spot prices nearing US$1300 an ounce. China's gold prices followed the trend and continued to climb. But consumer enthusiasm hasn't been affected.
It's China's traditional gold rush. The peak season for gold sales coincides with the two national holidays.

Impacted by a weaker US dollar and holiday consumption, international gold prices hit record highs.
In China,the price of pure gold exceeded 340 yuan per gram (?). But consumer enthusiasm is just as high as the gold prices. One resident said "For us, the price is very high. But we need to buy gold now since the price continues to increase." Consumers have flooded into gold shops, to find their perfect accessory.

Liu Ru, Sales Manager of Gold Shop said "Chinese people share a concept. That is to buy gold when the price is climbing. Since now it is holiday, many customers buy gold accessories as presents for relatives and friends. And also it is wedding season, increasing gold demand."

Silver prices have also soared, and even reached a 30-year high... making investments in the grey metal more attractive than ever. Analysts say the continuous decline of the US dollar has stimulated investors to choose safe
haven products such as gold. And with high consumption and investment demand, gold prices will continue to rise in coming days.
DAILY NEWS ON BOOZE