Bob Chapman : Greece will never be able to pay off its debt , the interest alone will devour it ....The US government van manipulate anything it wants legally ....it is very possible that the hedge funds are acting on the behalf of the US government and major banks we cannot know because they won't tell us , the executive order has to be neutralized by the congress that would be a step in the right direction , it will keep the federal reserve and the treasury out of the market and keep them from manipulating the market ........
Monday, June 13, 2011
Gold as constitutional money
James Turk director of GoldMoney Foundation interviews Sean Fieler about IRS treatment of gold at the federal level is a big impediment to using gold and silver as money.
Sean Fieler : "...what gold lacked for so long is a little more credibility the realizing that it is not just people at the margins that are concerned about this who think this the solution but this is the logical given the problems we have "
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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)
Sean Fieler : "...what gold lacked for so long is a little more credibility the realizing that it is not just people at the margins that are concerned about this who think this the solution but this is the logical given the problems we have "
"
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)
Buy Silver on dips
Gold and Silver fall further this Monday . The precious metals have been dumped by investors that have turned their eye to currencies like the Swiss franc to hedge their assets .Trading sentiments also weakened as gold declined in London after some investors sold the yellow metal to cover losses in other commodity markets and equities.silver price shed 1.9 per cent and traded at USD 35.48 an ounce , this is a great opportunity to buy the dips , we may not see these low levels again as most analyst see an uptrend coming during this summer , always remember Buy Silver on dips
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
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