Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Sunday, May 8, 2011
Bob Chapman - USA Prepares Economic Survival 101 May 4, 2011
USA Prepares interviews world-renowned economic trend forecaster Bob Chapman
Fidel Castro and Chavez are two of Bob Chapman's newsletter subscribers
Bob Chapman : in August the 15th 1971 the United States government decided that they are going to go off the gold standard and when that happened the fiscal spending became what one might call promiscuous , they started creating more money than they had coming in ...the real cause of inflation is the federal reserve system which is privately owned....
Fidel Castro and Chavez are two of Bob Chapman's newsletter subscribers
Bob Chapman : in August the 15th 1971 the United States government decided that they are going to go off the gold standard and when that happened the fiscal spending became what one might call promiscuous , they started creating more money than they had coming in ...the real cause of inflation is the federal reserve system which is privately owned....
Andy Gause : 50 percent of the Silver Market was speculators
Andy Gause - Jeff Rense 06 May 2011
Andy Gause : 50 percent of the Silver Market was speculatorsAndy Gause : the CME changed the rules and they changed them 5 times ..50 percent of the Silver Market was speculators...JP Morgan is short 200 million ounces , many people who thought they owned silver turned out they own nothing and the money is gone....
Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
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)
Subscribe to:
Posts (Atom)
