The Debt Deal won't stop the Price of Gold from rising , it might pause the price of Gold there might be a small correction but the problem is not resolved , it is very high level of debt that has enerved investors not only in America with the US Dollar but also in Europe where they have debt issues going on as well about bailing out Greece then Italy then Spain says Robert McEwen, of U.S. Gold , he expects $2000 by the end of the year and $4000 four years out
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)
Tuesday, July 26, 2011
Bob Chapman - we desperately need Ron Paul
Bob Chapman - Radio Liberty 26 July 2011
Bob Chapman : the president have been lying they are trashing the constitution , 95 percent of these people are on it they work for those who pay their campaign contributions,this thing goes back 2500 years , we desperately need Ron Paul
Gold hits record High with US debt talks deadlocked
John Kilduff, Founding Partner of Again Capital, talks about his investment strategy in the commodities sector.
You need to have gold exposure , you can buy high because you are going to sell higher ....next upside target by the end of the year is $1700 , the Chinese are under invested in Gold and over exposed to US bonds ....
"We believe with the opening of the new Hong Kong gold an silver
exchange, there will be no physical gold or silver available to the
public by the end of 2011.
Amazingly still less than 1%- about .8 of a percent of Americans own
ANY gold or silver.
All it will take is miniscule 1% of the Chinese public to purchase 1
oz of silver or gold to crash the COMEX . Watch your paper fed debt
notes return to there intrinsic value..
ZERO
and wish you has bought some while you could
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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