Friday, March 9, 2012

Marc Faber : Gold is not in a bubble

Marc Faber : No, gold is not in a bubble. It wasn't in a bubble in 1973, either, but it still corrected by 40% then. I don't believe gold is anywhere near a bubble phase. A bubble phase is characterized by the majority of market participants being involved in a market space. I saw a gold bubble in 1979–1980, when the whole world was dealing—buying and selling gold 24-hours a day, globally. - in a recent interview with the Gold report

$3,000 Gold in 2012 Not As Far-Fetched As You Would Think : John Ing

Interviewed by Jim Puplava of the financial sense newshour (06 March 2012)Maison Placements Canada Inc. CEO John Ing talks about his outlook for Gold and the performances of the miners compared to bullion , John believes that we would see Gold hitting $3,000 oz. this year especially if the European Union and the Middle east erupt in crisis

Bob Chapman - The Sovereign Economist - 07 March 2012

Bob Chapman - The Sovereign Economist - 07 March 2012 : the situation in Europe is far from over despite if Greece gets approved or not , the Germans are complaining for having to keep on bailing out the southern countries , the Euro will be gone within a couple of years this is going to be very financially bloody says Bob Chapman you got to be in gold and silver coins bullion and shares and if you are not you will lose it all
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