Bob Chapman : there was an attack on gold and silver by the government today , but they were stopped on their tracks
the people behind the government Wall street the bankers etc they desperately need this deal to pass on the extension of debt , what they are trying to do here is to terrify the congress they might take the market down they try to create a lesson to people you do what we tell you to do , that's why you should be in Gold and Silver they can manipulate it for a day two or three not anymore ....
Wednesday, July 27, 2011
James Turk : Gold got all the momentum behind it now
James Turk : I think Gold got all the momentum behind it now , we have taking at the $1600 level and yet we have not even stopped there we sort of just moving right through it as if there was not any resistance at all , it is understandable why it is going up AL there are so many problems out there . monetary problems banking problems financial problems the sovereign debt crisis I could go on and on but you got the point , it is must better to own physical gold than it is to be involved in any national currencies at the moment
$1640 and $1650 within the next few days is a reasonable target there seem to be that much buying power behind it , so until anything changes worldwide in terms of improving the financial situation and that's not likely to happen any time soon you got to continue to hold gold and I think more and more people are starting to understand that which is why they are buying
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)
$1640 and $1650 within the next few days is a reasonable target there seem to be that much buying power behind it , so until anything changes worldwide in terms of improving the financial situation and that's not likely to happen any time soon you got to continue to hold gold and I think more and more people are starting to understand that which is why they are buying
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)
Gold new all time record at $1,631.20/oz today !!!
July 27 - New record for gold today that the New York market has reached 1,631,20 dollars an ounce.Record high in London too at , $ 1,628.05 . Gold has pulled back from the all time record high since but I won't be surprised that another all record high will be broken either tomorrow or in few days as most analysts expect one of the hottest summers for Gold ever ....
Subscribe to:
Posts (Atom)
