Friday, August 12, 2011

Bob Chapman - Freedom Files 11 Aug 2011

Bob Chapman : the riots in England were infiltrated by agent provocateurs , the people in England are fed up with the economy and the bankers ,and the loss of liberty , if you think America is bad you should see England where they have spying cameras at every corner , .... they want the royals who are not even British out of there , they are worth trillions not billions ....the government could turn the situation into a martial law as they did in Northern Ireland , thy have few policemen and most of their military is dispatched in foreign countries like Iraq and Afghanistan...


James Turk : Gold starting to become the go to asset

James Turk : Gold is starting to become the go to asset , people are starting to recognize the advantages that gold has over fiat currencies and it sort of followed up from the debt deal which was received very badly around the world , and the FED announcement that they will keep interest rates low for another two years ....we have seen a lot of volatility in the market but the main thing is the trend in both gold and silver is still up , may be next week is going to be a big week for silver



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 after the CME Margin Hikes

The Bull case is Europe is likely to handle its debt crisis by printing more money , to avoid default , which is inflationary , every western country is trying to debase its currency in order to boost their exports and devalue their debts , so that's a bull signal for Gold , but a healthy pullback is in order before heading higher and eventually hitting the historic mark of $2000/oz

DAILY NEWS ON BOOZE