Saturday, July 21, 2012

Peter Schiff: Gold going to $5,000/oz minimum , may be Higher

Ludwig: What are we talking about here: $3,000, $4,000?
Peter Schiff: Oh, at least. I think a minimum of $5,000. But it could go a lot higher than that. A lot of it depends on future actions of central banks. We’re on a trajectory right now to send gold a lot higher, but central banks could do the right thing, and that would limit gold’s gains. But the more they keep printing money and the more they keep interest rates low to artificially prop up the economy, the higher gold is going to go. - in indexuniverse interview 16 July 2012

Friday, July 20, 2012

How To Purchase Gold and Silver & store it with GoldMoney

Smart way in investing! James Turks is a revolutionist in the business and many aspire to be like his company. Few are able to replicate his integrity.Most will agree that GoldMoney, Bullion Vault and the two Sprott funds are far better than iAu, GLD, SLV, etc... Why not store some outside of the country (just in case), spread it around the globe if you have hundreds of thousands of equivalent dollars worth? How often do you get to Hong Kong? I've only been there once. I would recommend GoldMoney to anyone who wants to remotely store or trade in PM, but doesn't have the desire to hold large quantities of physical themselves .Having said that . If your like me and only have 100K (or less) worth then yes you can store it in a few places that you can easily secure and get to as/if required. But what if you wanted to trade ("barter" or "exchange") in Au or Ag. GoldMoney account holders can electronically transfer to/from other accounts in grams (I believe it still works that way) . If I traded often with my business associates in China or in the EU, we could establish paymen exchanges online.

What are the advantages of buying gold and silver? Precious metals are a great way of preserving purchasing power during times when economic collapse threatens. But how about the pros and cons of various ownership methods? Is there a way people can become precious metals owners while avoiding the disadvantages of trying to find suitable home storage? Watch this short video to find out more.

Silver Manipulation Explained

The whole Anglo-American Financial system is rotten to the core, everything is manipulated, and every transaction the world over is being skimmed off the top (as long as it is linked to USD) I'd pay more attention to the CONFIRMED fact of LIBOR manipulation which contributes largely to financial devastation of American municipalities and to large extent to mortgage failures.Once the EURO strengthens vs the dollar in a few months we should see a nice run up in metals and the cycle starts all over again. Crash JP Morgan... Don't deposit your fiat.

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

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