Tuesday, February 1, 2011

Bob Chapman: Gold confiscations? IRA Confiscations? 1/26/2011

Bob Chapman answers a listener "Do you think they are going to make
gold illegal again?" there is less than 2% of the Americans who own any kind of gold except jewelery , less than 1% of the Americans own any gold shares , so it is not worthwhile for them to confiscate gold and get the public mad at them says Bob Chapman the International Forecaster ....

AngloGold broaching non-blast automation to mine deep gold

In what is probably the world's most comprehensive technology intervention, a worldwide consortium of some of the globe's best-known technological names are collaborating to introduce automated, blast-free, continuous gold mining at depths 5 km underground.

Gold is having technical problems breaking above $1,350

Jan. 31 2011 | Todd Horwitz, chief strategist at Adam Mesh Trading Group, says gold is having technical problems breaking above $1,350. Michael Preiss of Standard Chartered Bank believes investors should reduce their precious metals holdings. They share their thoughts, with CNBC's Martin Soong.

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