Gold Prices to Keep Climbing

In trading gold investors need to retain a sense of history. Gold was pegged at $32 an ounce from the end of WWII until 1971 when the US went off the gold standard. It rose to over $600 an ounce in 1980 until falling precipitously to the $200 range where it remained for twenty years. The current price of gold is based in part on fundamentals and weakened economies and in part on fear of a global financial meltdown. If a trader gets caught in a highly leveraged futures position just as EU and US officials solve their debt dilemmas trading gold could be the least profitable trade of a lifetime. In short, watch technical analysis and hedge risk with options is often the best advice. Trading gold on the Comex has entered a new era as gold futures rose over $1,600 an ounce recently. As twin debt crises plague the two largest economies in the world investors are looking for safe havens as a means of hedging investment risk. Trading gold has always been a means of hedge inflation risk and a refuge in times of political crisis, economic chaos, and war. Gold bullion futures are traded on the Comex, one of two branches of the New York Mercantile Exchange, NYMEX. Billions of dollars of precious metals, agricultural commodities, and energy products are handled by the NYMEX.

Still very strong demand for Gold across the board

"I think what we're seeing is continued strong interest in gold across the board,whether it is in the futures speculative positions have been rising pretty aggressively during last couple of weeks , whether it is in ETCs where we are seeing pretty strong inflows and also in the physical market " says Nicholas Brooks, Head of Research and Investment Strategy at ETF Securities told CNBC. " so I think across the board despite the price being at only 3 percent off its all time high we are still seeing very strong demand "

The president of the United States will become a dictator

Bob Chapman - Radio Liberty - Hour 2 - 12 September 2011

Bob Chapman : the super congress is a method by which the president of the United States no matter who he or she may be will become a dictator , this is patented exactly after what Adolf Hitler did in 1932 with the National Socialist Party , we have been Hitlerized by both parties because they are both paid off with minor exceptions and so that's where that's headed nobody realizes it people do not read what we write or listen to the programs most do not ...they are going to continue to do this unless we stop them.......