Tuesday, May 1, 2012

Jim Rogers Still Bullish on Gold

Jim Rogers : “… if Gold gets to $1100 or $1200 or $1300, I would hope I’m smart enough to buy more. I don’t know if it’s going to go there or not. I may buy it at $1850 if war breaks out with Iran. It depends on what happens in the world. What I said was that it won’t surprise me if gold goes down much lower; that’s normal for the way markets work. And if it goes there, I hope I’m smart enough to buy more. But if it goes to $1,550, I would probably buy more. Just depends on what happens.”
“It really doesn’t change my view… as if you think some government statistics — which are wrong at late — would affect anything in my investment world. No, I don’t even know or pay attention to such things.”
“… since China doesn’t publish too much about it. But I know that China has got a campaign encouraging the Chinese citizens to own gold. I know shops have sprung up everywhere. And the good banks are now offering gold everywhere. So there’s been a huge change in China in the past five years. And whatever they’re producing, I presume most of it they’re selling to themselves. They know that gold consumption has gone up a lot in China. They claim that they’re the largest producer of gold in the world now. I have no reason to doubt that claim. Lots of dramatic changes have taken place in China versus gold in the last few years.” - in ETF Daily News

Bob Chapman - Radio Liberty - 30 Apr 2012

Bob Chapman - Radio Liberty - 30 Apr 2012 , Europe will be the first to go down says Bob Chapman starting with Greece , the problems will touch America too , , the Dutch government has fallen the Germans are going to be slaughtered with extra taxes in order to support the failing project of the Euro

Monday, April 30, 2012

If The Euro Crashes Gold will shoot up to $2000/oz

Bob Chapman - The Power Hour - 30 Apr 2012 , if they phase out the Euro Gold will go up by at least $300 dollars says bob Chapman , gold will become then a good investment to have instead of the euro , things are slowing down internationally says Bob Chapman but there are many things going on behind the scenes especially in Europe

DAILY NEWS ON BOOZE