Bob Chapman - Financial Survival - 15 February 2012 get ready for a Greek failure and an Iran embargo on oil shipment this will cause gas prices to skyrocket says Bob Chapman
Wednesday, February 15, 2012
James Turk : Gold still Underowned & Undervalued
GoldSeek Radio's Chris Waltzek talks to JAMES TURK - Feb 2, 2012 James Turk, founder of the GoldMoney Foundation talks about the recent correction in the price of gold from all time nominal highs of 1.923$ per troy ounce and discusses the implications. He points out that there hasn't been a 20% drop in the price of gold since 2008. James explains that these periodic liquidations are a normal part of gold's bull market. He then talks about the fundamentals and discusses gold's safe haven status. He talks about how gold suffers in a liquidity event because of the rush to cash and the need to realize profit, while outperforming all other assets. James Turk recommends seeing gold as a form of savings and accumulating while its undervalued, since the trend will go much higher, rather than attempting to trade it. He also discusses Lehman, Greece, Dexia and other significant market events.
We are all Gold Standard Extremists
Ranting Andy's a Happy Gold Standard Extremist--02-13-2012 Now We are all Gold Standard Extremists because we favor a return to the Gold Standard and believe that the United States went bankrupt as a result of Nixon's decision to abandon the remnants of the Gold Standard that were still in place in August 1971 .Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday. These extremists, sometimes known as "sovereign citizens," believe they can live outside any type of government authority, FBI agents said at a news conference.The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off the gold standard.
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