Monday, October 24, 2011

Bob Chapman - The Financial Survival 24 Oct 2011

Bob Chapman - The Financial Survival 24 Oct 2011 : strong gold market today they could not get it down says Bob Chapman , Britain could leave the EU , there is no reason for them to be in the EU in the first place , the US is probably getting ready to go after Syria the troops in Afghanistan they are probably being held to go in Syria ...QE3 is probably coming and it could be in the form of the government buying toxic assets another trillion or so to get liquidity to these banks ...

James Turk : There is a financial Katrina coming

This interview was originally made on July 12, 2011.James Turk :Gold is in a 2nd stage of a bull market. We will see a more rapid price apriciaten than in the past years. Price target untill 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.There is a financial Katrina coming and you must not rely upon government promises, you must make your own preparations for your friends and your families.

They used to recommend having 10 to 20 percent of your portfolio in precious metals, but now I that figure should be closer 40 to 50 percent.  I just don't think the US economy will outgrow inflationary pressures on the dollar relative to the value of gold and silver in the next decade, ie the forseeable future. This will be reflected by poor performance in the equity markets.

Dominic Frisby interviews Nick Laird - 18 October 2011

Master charter Nick Laird talks to Dominic Frisby about his outlook for the gold market , Gold has a safe heaven status says Nick . They talk about the recent correction in the price of gold from all time nominal highs of 1.923$ per troy ounce and discuss the implications. Dominic points out that there hasn't been a 20% drop in the price of gold since 2008. Gold is not money it is a store of wealth says Nick Laird

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