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Tuesday, September 13, 2011
Bob Chapman - Radio Liberty - Hour 3 - 12 Sept 2011
Bob Chapman : all the European banks are bankrupt unless their countries step in and bail them all out The people in Germany cannot take it anymore we can see violence in both Germany and Greece
Nick Barisheff : Gold Is Not in a Bubble
Nick Barisheff, CEO at Bullion Management Group Inc says Gold is not in a bubble , Gold has been money for 3000 years and it is still today , the same people that say Gold is a bubble have been saying that gold was in a bubble when it was at 500 , at 800 at a 1000 , and now at 1800 , gold is money also if you has hundred dollars bills in a vault they do not produce dividends , that's because gold is money it does not produce dividend too , because money is not an investment , we are in a currency bubble not in a gold bubble ....
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Nick Barisheff
In China Investment demand for Bullion remains strong
In China Gold jewelry demand accounts for 53 percent of China's total gold reserves. If the global price for the precious metal keeps rising, it's set to increase the risk of gold investment Investment demand for Bullion remains strong despite the instability of the prices and the high volatility the investment remains relatively low risk .....
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