Monday, June 20, 2011

The Chairman of the CFTC is a Goldman Sachs alumni

Bill Murphy : The relationship between a government agency like the SEC and the CFTC is insidious. Nobody wants to rock the boat. Heck a number of these people at these agencies end up working on Wall Street, or interact business-wise in some other manner. The Chairman of the CFTC is a Goldman Sachs alumni. That about says it all.


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

In Zimbabwe a Country of Starving Billionaires , Gold is the only King

In Zimbabwe where the hyperinflation hit hard the only currency that has become legal tender is gold and silver , things always go back to the bottom line which is real assets real money Gold and Silver this is a lesson for America , if the FED continues to kick the can down the road by printing more money hoping to solve the problems with more liquidity soon all that money will end up chasing the limited amount of real assets on the market , gold and silver prices will sky rocket and the dollar could go back to its intrinsic value namely ZERO , so go and change your paper money for gold and silver now while you still can you will be glad you did ...



Silver and Gold never really move up or down it's the Dollar that changes, 40 yrs ago you could get a gallon of gas for one Mercury Dime and today you can get a gallon of gas for the equivalent of one Mercury Dime. See, Silver and Gold NEVER changed, the Dollar just shit all over itself that's all, it's what happens when Bennie and the Ink Jets print money out of thin air.

David Morgan, after QE2 interest rate will come up and the dollar could rally

David Morgan, founder of Silver-Investor.com, says that with the end of QE2 interest rates will rise and consequently the dollar will rally as many will flock to the dollar as a safe heaven Gold and Silver may not rise sharply in the short term but in the long term they will always be the safest place to be , the recent rally we saw in gold and silver was a technical change David Morgan says , 82 percent of the bonds purchases were done by the federal reserve if that truly going to cease (by the end of this month ) except for the roll overs , who is going to step in to buy US Bonds ? the answer is we do not know , we do not know if anyone will , so what we are going to see is interest rates coming up and as interest rates come up this will put more people where bonds prices go down obviously and more people might come to the dollar as a safe heaven David Morgan added





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