Tuesday, June 5, 2012

Bob Chapman : we are now in a long-term bull market in Gold & Silver

Bob Chapman : First of all, I found as a broker that a lot of people don't know how to properly invest or trade. Often brokers would have them trade; however it's not something average people normally do because they're not professionally trained. There are not a lot of people who can effectively trade and make money in the market. Perhaps 5% are successful. But I ran into a lot of people who wanted to trade, and I discouraged them unless they had years of experience. I said you've got to pick a trend. For example, we are now in a long-term bull market in gold and silver. I tell people to get in with a trend and stay with it as long as possible. People were losing money in the market because they weren't doing that. Consequently, I've been helping people set long-term investment goals. - in theaureport

Sunday, June 3, 2012

Very bullish Silver & Gold Market - David Morgan

David Morgan-Precious Metals Special Rally Report ,gold is the best asset i know you know better than that. silver is the best performing asset in the last 10 years i know you know that. silver from 4 to 50 is a better return than gold from 260 to 1921.David Morgan's knowledge in the markets is the 800 pound gorilla. He really is a stand up guy through and through. He practices what he educates upon and is the real deal. I've been in the metals market since late 2001 and I follow Mr. Morgan for a reason.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Friday, June 1, 2012

Bob Chapman : The FED is talking about more quantitative easing

Bob Chapman : Well, we had an $868 billion stimulus package. The Federal Reserve then created enough money and credit to bring that package assistance up to somewhere between $2.3 and $2.5 trillion. For that, we had approximately 16 months of attempted recovery. During that period of time, five quarters averaged growth between 3% and 3.25%. I feel that was a very, very high price to pay for a relatively sideways movement in the economy. Now we're back to square one. The recovery is not continuing. The Federal Reserve is talking about more quantitative easing. They're talking about buying back the toxic securities they bought from banks at a price they won't disclose. That move essentially cleared up the banks' books but at the same time encumbered the Fed's books, which they're now going to unburden by selling the bonds back to the same people they bought them from. Now, we don't know what the loss factor is because they won't tell us, so we have to ballpark it. Out of this money that's coming and going they have to come up with a figure somewhere in the vicinity of $1.2 trillion. That's what they're going to use for this quantitative easing. - in theaureport
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