Once again and because of the heist that was created by the Zerohedge article regarding the 'over the counter gold and silver ' market after the July 15th , many people were induced to believe that they won't be able to buy gold and silver bullion after July 15th , this is NOT TRUE , the so called Dod-Frank Bill does not have anything to do with the small investors who want to buy gold or silver over the counter , Bob Chapman explained it in details , here is another expert Andy Gause talking about the same topic and explaining it in detail , the interview is from the Jeff Rense Radio aired )7 July 2011
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)
Wednesday, July 13, 2011
Bob Chapman : absolute minimum the Gold can go to is $3000/oz
Bob Chapman : ..anybody who is in Gold and Silver coins bullion and shares is going to make a lot of money because absolute minimum the Gold can go to is $3000/oz nominally $6000/oz to $8000/oz " everybody in those investments will be able to protect their buying power by holding them (Gold and Silver) rather than the dollar or any other currency
The FED debating QE3 , Gold at all time high
The latest details from the Fed and the FOMC meeting, say that the FED is debating a QE3 and an exit strategy, while Gold has reached an all time high this morning surpassing the previous $1577/oz nominal all time high of last May , many experts have warned that QE3 is inevitable despite the FED denied that it won't call another QE after the end of QE2 last June ....Gold price seem on fire since yesterday and it is very likely that gold today will end well above $1580/oz silver too is climbing and is over $37/oz so far....
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)
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)
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