Tuesday, November 22, 2011

Physical Gold possession is key says Jürg Kiener

Jürg Kiener, MD & CIO of Swiss Asia Capital, Singapore, says moving cash into Gold physical possession is key...it is Strategic....." people are going to jump from the fire into the volcano Jürg says structurally we are going to see and more money flow into asset protection , Gold is the most strategic asset from the money point of view he added

What caused Gold to go below $1700 ?

CNBC panel trying to analyze what's going on on the gold market these couple of days what really caused gold to tumbl below $1700 an ounce Grasso vs. Weiss on Gold as a risk asset "it's better to have gold in your portfolio versus paper money." Grasso says , "at this point gold is a risk asset. it's no different from going to a leg nation fund where you buy at the top and you're the last one in. you're not making money so you're selling" Weiss argued trying to explain the recent sell off in the gold ....

Bob Chapman : 4 to 6 trillion dollars are needed to bailout the Eurozone

Bob Chapman - James Corbett Interview - Nov. 21, 2011

Bob Chapman : Europe is China's biggest customer , US is second , we are going to see a break down eventually in the Eurozone , the solvent countries of the Eurozone are going to tell the PIIGS countries you are on your own , they cannot bail them out because the amount of money needed to keep them going sideways are between 4 and 6 trillion dollars , they just cannot do that without destroying their own economies ,
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