Sunday, August 26, 2012

Peter Schiff : Gold & Silver Prices would Break Out

Peter Schiff : All summer long I have been forecasting that the prices of both gold and silver would break out. I have been urging clients not to wait until the breakout occurred, but to buy in anticipation of that breakout while prices were lower.
I think that opportunity has now passed. But we still have an opportunity to buy now, while the breakout is still early in its process.
I think the lows are clearly in for both, gold and silver. I think now that we have broken out the time to buy cheap will soon be gone.
I don’t want people who have already hesitated to hesitate any longer… …
I think the catalyst for that move, I believe, was the Federal Open Market Committee minutes that came out earlier this week, that put QE 3 – that’s quantitative easing or basically money printing and debt monetization – it put that right back on the table in the minds of a lot of people.
In my mind, QE 3 was never off the table. I always knew it was a sure thing. It was just a matter of time. But now the Fed came out and surprised a lot of people with its language. It basically said, ‘if we don’t get evidence soon of a sustainable increase in the economy, we’re going to have to take action.’ And of course, the only tool in it’s arsenal is to print money and buy bonds and try to goose the economy with the same monetary stimulus that create the problem. …
Those of you who didn’t buy before the breakout, it’s not to late to buy. The prices are not quite as cheap as they were a week ago or a month ago, but I believe they’re a lot cheaper than they will be a month from now, six months from now, a year from now as more and more investors realize that the recovery was an illusion. It was simply an artificial high created from stimulus and that more stimulus is coming. More investors are going to flock to gold. Click here to watch the full Peter Schiff Video Blog >>>>>>

Saturday, August 25, 2012

Peter Schiff : Buy Physical Gold And Silver Now!

Look at the charts. Gold broke above the 23% retracement area from the 2011 high that has been resistance for over 6 months; it also broke above the resistance trendline and has made 2 high lows since the breakout. If it makes another higher low off the next pullback, it will clearly have reversed an over year long sideways trend into an uptrend. yes, the silver and gold bugs are back in the spot light, front and center. you have a chance to become quite wealthy, or at the very least, not very poor. as that commie jim cramer says, BUY, BUY, BUY!!!

Robert Kiyosaki - Kim Kiyosaki latest Interview with Success Broadcasting Channel

Robert Kiyosaki - Kim Kiyosaki - Sven Kaven - Skype Interview : our school system produces peasants (PAY-sants ) they work for a pay while the rich own the land , people in Germany should support Angela Merckel and support Capitalism , a job is not an asset says Kim Kiyosaki , this world economy is coming down the question is what are you going to do about it says Robert Kiyosaki

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Friday, August 24, 2012

Major Move Up in Gold/Silver is Imminent - BILL MURPHY

$30,60 break out. The LBMA in london have panic. BIS already trade gold at extreme prices. Hang on!!!!! it´s getting ready. it´s all covert. Remember folks, it doesn't matter what the price of silver is today. What matters is the fact that you actually HOLD real physical gold & silver. Measure your wealth in terms of grams, ounces, kg - not in dollars. (Also health, which is perhaps the most important thing anyway...).

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

The Republicans Consider Returning To The Gold Standard

There IS going to be a return to the gold standard, but it wont be the republicans or any other political influence bringing it to fruition. The Bank for International Settlements, The central bank for central banks, Has issued policy called the Basel Accords. Basel 1 and 2 have already been implemented, which is where the “700 billion” dollar bailout came from. This was the amount needed to capitalize the banks that would continue to function under the terms of Basel 2. Now they are beginning Basel 3, Which will require more “bailouts” to further re-capitalize the fraudulent banks in anticipation for the consolidation (crash). Basel 3 will require a world currency backed by gold. The world is on to the games (derivatives) wall st plays. The gold standard will return and THIS will be the “new” global currency.

Mary Jo Jacobi fmr special assistant to Ronald Reagan, told CNBC, a lot of the party (Republican) faithful believe we should go back on the gold standard; it would control government spending and offer a sense of stability.

Thursday, August 23, 2012

How to Determine if Silver is Real

these are "Junk" silver coins and Bullion pieces -you wouldn't use this type of test on a Numismatic rarity -best to have an expert check it out. it may have a significant amount of silver but possibly some ferrous alloys as well. usually I let a small amount of the acid sit on the Silver plated test item for about 15 to 20 seconds, this gives the acid time to burn through the plating and give you a good result. A neodymium magnet is perfect for checking silver.Even without the chemical test it is easy to spot the difference in detail like the lack of points on the stars and lack / difference of detail on libertys dress and I am far from being an expert. Also the blue test color is caused by copper. The weight of the fake be different than a known real coin

Shortage of PHYSICAL Gold & Silver IS Developing - Alasdair Macleod

last couple days have been interesting for precious metals as the bottom hit around $26 and is now due for a rise.. but is rising earlier tha it should.. sept12th should b fun as Bernanke will speak and Germany has their deadline...that day will be exciting to see in the swings of silver...still stackin no matter how low or high-low

The Destruction of the Euro will be great for the US Dollar .In the short run, as the Euro continues its decline it will provide a level of false support for the U.S. dollar. However, if the Euro collapses, our U.S. banks will also collapse as they have their capital tied up in various European banks. So our U.S. banks would need another immediate bailout in that case. Which means the Fed would have to do Q.E. to infinity which would destroy the value of the dollar sending the "price" of ALL commodities higher. Not according to the interconnected Derivatives chain, and not according to Pastor Lindsey Williams either who has warned for a very long time, "Once the Euro goes down, you'll have a week or two at most to make final preparations." Hedge your bets on this one.

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

Wednesday, August 22, 2012

World Gold Demand Down 7% in Q2

World Gold Council, 16Aug12 - Gold Demand Down 7% in Second Quarter. Indian demand slumps on weaker Rupee. Falling in China on economic slowdown. Marcus Grubb is of the World Gold Council. {This is a very interesting video. When they bring the big dogs down it could either mean they have great news or they fear a collapse is on the cards. Very rarely is it business as usual}

Silver is Money

Silver is the 2nd most used commodity in the world (with over 10,000 uses and growing). most of it is consumed and not recycled. it is used in extremely small amounts. it's industrial demand is rising and investment as well Better, Faster, Cheaper. Silver helps industry achieve all this in dozens of applications. Without it, our computers would be as slow as they were in 1980, solar would still be a dream and many would have died without its medicinal properties, and the list goes on....This is the very definition of productivity.....An act that increases output with less input.....The $5 worth of silver in your computer is a bargain. Mining Silver looks harder than printing money...

Major Silver Shortage by August 2012?

In my research this week, I came across a couple of articles that were particularly interesting.  They made the case that a silver shortage could be exacerbated by as early as August of 2012.  The first reason given was that currently there is a majority of long positions on silver in comparison to the shorts in place.  As we speak, there are currently 2 long positions in silver for every one short position.  This is truly amazing considering the massive short positions that have been held by major financial institutions like JP Morgan Chase and others.  This disparity in short positions compared to long ones shows how the overall disposition toward gold and silver now are changing.

Mining Strikes

The second reason brought up was the major silver mine strikes in both South Africa and Indonesia.  In South Africa, a one days strike was held in which tens of thousands of miners came out in opposition to current working conditions and wages.  In the Gold Fields mines in South Africa 85% of workers stopped working leaving mining activity virtually at a stand still.  Gold Fields is the world’s fourth largest producer of gold.  These strikes right now have only had a small impact on supply provided, but if they continue they could significantly reduce the supply readily available on the market today.  As if that is not enough many mining company are reportedly keeping larger quantities of silver as a reserve than before, which also places stress on the world supply. Continue Reading>>>>
. 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

Tuesday, August 21, 2012

How to buy silver bullion and coins.

Professional traders buy cheap, watch it go up, and sell at the right time. The amateurs get in late and either make a modest profit, or get scotched. It'll never change. There are people still trying to chase losses from the online trading hysteria of the late 90s.when the" Royal mint "is advertising its coins on TV you know its time to SELL. This is 2004-6 in the property bubble. The pros have all bought very cheap and are looking to sell while the rest of us poor schmucks are panic buying in case we miss out. Seen it all before. Its just another scam. This is the year that Joe Kennedy talked to the shoeshine boy.

Silver Correction Over ?

After a 16 month correction in this 11 year bull market Silver looks set to resume its long term trend. $29 looks to be the breakout point above the trend line and silver may still take out it's all time nominal high price of $50 this year.it doesn't matter what the price of silver is today. What matters is the fact that you actually HOLD real physical gold & silver. Measure your wealth in terms of grams, ounces, kg The paper silver price will continue to be artificially manipulated until JPMorgan goes down. Period.

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

Jim Rogers Silver Better Investment Than Gold ‎

After a 16 month correction in this 11 year bull market Silver looks set to resume its long term trend. $29 looks to be the breakout point above the trend line and silver may still take out it's all time nominal high price of $50 this year.it doesn't matter what the price of silver is today. What matters is the fact that you actually HOLD real physical gold & silver. Measure your wealth in terms of grams, ounces, kg The paper silver price will continue to be artificially manipulated until JPMorgan goes down. Period.
PROOF GOVERNMENT RIGS SILVER .

If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content.

-U.S. President Lyndon Johnson, 1965




Monday, August 20, 2012

Buy Silver Now - Best Place To Buy Silver

Buy Silver Now - Best Place To Buy Silver

After 40 years of deficit spending and a failed economy it is said you feel it's Obama's fault. Both parties have spent recklessly and voting for either party will result in the same out come.Spending, wars and corporate welfare....the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine ... shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity.

Sunday, August 19, 2012

Gold Prices Stall, Silver to Explode

December Gold futures are now trading comfortably above the psych mark of $1,600.00. Near-term trading is within a well-defined range on the daily chart. But the fundamentals for both Gold and Silver remain rock solid ,As the US Mint reports 190 silver coins sold for every oz of gold. In real terms that can be expressed as 190x$28(silver)/$1620(gold)= 3.3 to 1 silver to gold ratio not 58:1 as officially reported. Take paper silver out of the equation and that puts silver at $490+. Buy, buy, buy! This is the greatest opportunity in human history. Put the banks out of business in September. Buy SILVER TODAY!It has been proven many times how we have lost way over 90% of the value of the dollar since 1913 & the start of the FED. We just have artificial advantages with the dollar being the reserve currency of the world & the banksters still haven't drained all the wealth a way from when we were truly free. The FED has caused every Boom & Bust first by Inflation of the money supply cheap to the banks then by Deflation little printing & High interest charged to people. it is a total rip off scam.

Saturday, August 18, 2012

Silver Widlife Series Coins

The Royal Canadian Mint should announce details for the fifth coin of Wildlife Series in late August....According to 2012 Cougar coin details that was released in August 23 2011.

Friday, August 17, 2012

Where To Buy Silver And Why- Robert Kiyosaki

Robert Kiyosaki Says Buy Silver Now! Discover how to Buy REAL Silver Bullion Coins NOW - BELOW SPOT PRICE the fundamentals for silver are the best! And the price will definitely be affected by supply and demand soon, not even counting an inevitable currency collapse. I sort copper cents as well due to the fact that you can acquire small recognizable industrial metal coins well below spot that will make smaller barter type purchases far more easy IMO. It is great to see so many people all over interested in real tangible money. By the way make sure whatever so-called business you're in got the Better Business Bureau's backing with a positive rating. If not, then your company and you are the schemers. Numis Network, LLC got the Better Business Bureau's backing with a positive rating. The proof is in the pudding!

Silver Manipulation Over? Palladium Shortage? - Jon Nadler

The entire story makes sense. everything falls into place. What worries me as much as this massive scam is that no one in Washington is demanding arrests, prosecution, jail time. Nobody is standing up for the American people. What do I think? Washington and Wall Street have so much dirt on each other..nobody in Washington dares to do anything. Inept corruption tied to insane scheming greed have destroyed the world markets. Want to see JP Morgan and Goldman Sachs up close and personal? Yes? All you have to do is scroll down to page 28, table four of the OCC Bank Trading and Derivatives Activities report from last year. JP Morgan. Assets: 1.8 Trillion. Derivatives: 78 Trillion! Goldman Sachs. Assets: 89 Billion. Derivatives: A staggering 48 Trillion!!! And silver is what price? As goes JP Morgan, so goes the dollar. It's time to kill the shorts people. The merger of state and corporate power is. I'm buying physical silver as fast as I can.

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

Thursday, August 16, 2012

Billionaires Paulson & George Soros Hoarding Gold

We should be focused on backing away from bank run electronic money that is leveraged to use against us. Its pretty clear to see that Gold and silver are not weapons or any threat to the current system and that people are just hoping that the system will self implode. The controllers of the system have any number of options of tweaks to make to keep the system running. But they need leverage that we can deny by simply using more cash. Printed cash is better than having your money in the fractional reserve system, but it is still just a Fed promissory note. They can print a couple of $100 trillion notes and there goes your printed cash. Gold, silver and bitcoin are the best things I know of to get your wealth 'out of the system'.

Wednesday, August 15, 2012

How to Buy Silver For Less

Good idea with burying the silver. The only thing i would suggest with doing that is to know what and where utilities are in the area. Last thing you want to do is hit a fiber line, power line, or worse a high pressure gas line. If your lucky and have a big property and plenty of places to hide it. Call for a utility locate and tell them its for, lets say "landscaping". As always great videos and thank you time out of your day to make them! In my area a SHTF weapons stash buried in PVC tubes was discovered in Northern Virginia due to highway construction in the last year or so.Careful with burying off roadways especially in or around a ditch. Spring runoff or a torrential downpour could carry your stash away. Further, roadworks will occasionally redig ditches to improve waterflow (out here they call is laser ditching) or to remove dirt that has filled in the ditch. Better to go to your mile marker - then walk into the woods off of that marker and make your cache.

This Decade, Silver Will Be Worth More Than Gold

The world mines 700 M oz a year but we are using about 1 billion a year. The US government used to take up the slack but their current sock pile is zero. The USGS say we only have 20 billion oz left under ground in the world, twenty years left! Still the Federal Reserve and JP Morgan are manipulating the silver market down to prop up the dollar. This is selling future for here and now! When the SHTF there will be no recovering from it! I will keep stacking!

JP Morgan = Jamie Dimon "walks" with millions, laughing at the "asleep" citizens and a minor pink slip slap on his hands from Congress, just a week ago or so? Are you kidding me? Audit the Federal Reserve Bank, privately owned, it is not owned by the Federal Govt. "Federal" should not be in the name.....Bernanki.....give me a break.....JAIL and seize their millions in offshore banks hiding their money or GOLD Bars till they get out of the country club Federal Prison.......

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

Monday, August 13, 2012

Gold & Silver Market still in stagnation for the summer holidays

Gold and Silver Market still in stagnation for the summer holidays not much happening until the labor day says Peter Hug . Gold is a precious metal that has been held as valuable for thousands of years. Gold was once used as money for trade. The more gold you had the richer you were. It never has in known history lost 100% of its value. The only problem with gold is that it is not readily negotiable. If there is a famine, who will take your gold in trade for food? Not many would if they and you are hungry. A barrel of wheat of might cost you a pound of gold. See the relationship. Value only if time is right.Gold had a correction in 08 but it only lasted for a couple of months and then started to climb back up again. The correction only hurt the people who panicked and sold at that time.Silver is part precious metal, and part industrial metal. So it's 50:50. Unlike gold which is 100% precious metal. Since silver is partly industrial metal, its demand will also depend on the industry. In addition, no central bank buy silver, except gold. Silver may go up during hyperinflation but so will other metals. But I recommend gold because it is pure money. I just hear the is 800 million oz silver for sale and only out of that is 300 million oz for sale as an investment i guess we just need 1 million people to buy 300oz a year to wipe that out we need 1 million people to invest in 300oz silver each year for few years to wipe out silver of the earth there is around 8 years silver left it should be extinct around 2021 unless silver prices go up from $27 to atleast $1000 an oz then they can start recycle the used up silver

Friday, August 10, 2012

What Is Direct Selling? How To Profit From It? Robert Kiyosaki explains

What is Direct Selling? | Direct Selling 411  Direct selling is the sale of a consumer product or service, person-to-person, away from a fixed retail location, marketed through independent sales ... Direct Selling 411 Exploring direct selling? You've come to the right place! ... Show more results from directselling411.com Direct selling - Wikipedia, the free encyclopedia en.wikipedia.org/wiki/Direct_selling - Cached Direct selling is the marketing and selling products directly to consumers away from a fixed retail location. Peddling is the oldest form of direct selling. ... WFDSA: What is Direct Selling? www.wfdsa.org/about_dir_sell/?fa=whatisds - Cached Direct selling is a dynamic, vibrant, rapidly expanding channel of distribution for the marketing of products and services directly to consumers. What is Direct Selling? www.avoncompany.com/earningsopportunity/directselling.html - Cached Direct selling is a type of sales channel, where products are marketed directly to customers, eliminating the need for middlemen -- wholesalers, ... Direct Selling Association | Ethics, Trust, Confidence. www.dsa.org/ - Cached USA trade association of firms that manufacture and distribute goods and services directly. Direct
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

The Silver to Replace The Dollar - The Silver Bomb

There are approximately 25 billion oz of silver above ground verses 4.25 billion oz of gold. That is a gold to silver ratio of 1/5.88 with gold spot price at $1,500 silvers spot price right now should be $255.00 an oz. Silver is the best investment of our life time. The banks will not be able to manipulate the price of silver much longer, soon the price will reflect supply and demand. Investing in silver now is the best investment of our generation. The best thing you can do for your retirement It is almost as if the planets are lining up for this to happen. Things are falling in place to make the silver explosion happen. The powers that be can't stop the inevitable from happening for much longer. The dollar is on borrowed time,its just a matter of time before people realize this&panic sets in as the $ depreciates&hyperinflation kicks in at a rapid rate!People wont be able to dump the $ fast enough as they turn to silver to store there wealth forcing prices to skyrocket like never seen before in history!With silver having such high demand for industrial uses along with a growing demand of investors we are going2 see a once in a life time opportunity that may never be repeated again in history!(Buy physical or go home.)

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

Panda Coins : Silver Coins of China

Silver Coins of China

Panda Coins

2012 - 3 million scheduled and counting...
2010 - 800,000 minted
2011 - 6 million minted
2007 - 600,000 minted
1996 - Unkown (Perhaps 50,000 minted)

There are several good mints you can easily find on-line. There are also many reasonable silver coin and bullion dealers in most areas. You can even find them in your phonebook.There is more than 1% of the world's population wise enough to know this information and that is the Chinese population which accounts for 15% of the world's population. Their government is encouraging its population to purchase bullion.

Wednesday, August 8, 2012

How to Hide your Gold and Silver in your Backyard

put the stuff in a sealed plastic tube and bury it at LEAST 4 foot down! Even with my top of the range detector i wouldn't detect it (I use a Minelab E-Trac) Don't put anything else above the stuff .If you really want to create a bunch of false positives, scatter the area with a box of washers or screws from the local hardware store. Just a couple of bucks and any metal detector operator will give up and go somewhere else.

gold and silver are tangible wealth. The number of paper bills, such as US Dollars, given to these precious metals are arbitartily set by bankers and Wall Street. You can still buy goods and services with gold and silver if the monetary system completely collapses. The value will be set by those doing business with each other, not the stinking banks or worthless Wall Street thieves.

Monday, August 6, 2012

The Gold Trade : Buy Gold, Short Miners

Until the FRAUD in the silver and gold markets ENDS, I am not buying any more silver. Just like the stock market, the fraud is too overwhelming and its no longer reasonable or sane to be involved in the BIG LIE. I am not going to take a fat loss when the market is a huge manipulated lie. What's going on IS A CRIME and should be prosecuted instead of creating more victims. Continuing to be a victim is simply mental illness and I'm not going to do it.

Saturday, August 4, 2012

S. Korea buys 16 Tonnes of Gold in July

S. Korea adds 16 tonnes of gold to their Central Bank Reserves in July moving them to 40th in the world with 70.0 metric tons. Hong Kong will open it's 1000 Metric Ton Gold Vault in September at the international airport to meet rising demand from banks and the wealthy. A central bank official told reporters the purchases were made sporadically throughout the month in London, but declined to provide the exact net purchase price per ounce it paid for the bullion, typical of most central banks.

Friday, August 3, 2012

Peter Schiff : Gold The Opportunity of the Decade

Peter Schiff : After spending the previous fall and winter testing new nominal highs above $1,800, future investors may come to view spring and summer 2012 as the opportunity of the decade. Gold has shown its strength and retreated. While most investors will take that as a signal that the market has topped, some will take advantage of the general trepidation to add to their positions at hundreds of dollars off the highs.While I think gold is a bargain at $1,900 considering today's circumstances, the market phobia of a price collapse is allowing us to buy at well under established highs. It's as if you already wanted to go swimming, but you found out when you got there that the pool was heated. - in resourceinvestor

Thursday, August 2, 2012

Jim Rogers : I suspect Gold will be much, much, much higher over the next decade

Jim Rogers : I've actually owned gold for longer than 11 years. I'm not buying now. Gold went up 11 years in a row, which is extremely unusual for any asset. I don't know of any asset in history that's gone up 11 years in a row without a correction. Corrections are normal and are the way things should work, the way things do work. Having said that, I don't know when the correction will stop. It's normal in my experience for corrections to go down 30 or 40%. It's just the way markets work. Gold has not gone down that much. It's only gone down that much once in the past 11 years, and even then it ended the year up. I'm not buying gold at the moment. If it goes down a lot, I hope I'm smart enough to buy a lot more. I'm certainly not selling my gold, because I suspect gold will be much, much, much higher over the next decade. - in mineweb

Tuesday, July 31, 2012

Trump: How to Make Unbelievable Deals on Houses

Real Estate mogul Donald Trump urges viewers to take advantage of low prices by buying a house, and reveals how you can make an "unbelievable deal."

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Friday, July 27, 2012

Gold Bubble is nonsense - Marc Faber

“Talk of a gold bubble is nonsense,”
“There is no sign of the price surge you saw with the Nasdaq bubble or oil stocks in the late 70s, or the jump in the gold price from $380 an ounce to $800 between November 1979 and February 1980.” Marc Faber said Wednesday during the Agora Financial conference in Vancouver

Thursday, July 26, 2012

Gold Going to $10,000/oz - Nick Barisheff

Gold's Going to $10,000 Per Ounce says Nick Barisheff. Nick Barisheff, President and CEO of Bullion Management Group on the financial sense network discusses Gold and Silver markets prospective with Kerry Lutz.

Nick Barisheff of Bullion Management Group Inc. is calling for gold to rise exponentially within the next five year time period. He's convinced that unlimited and excessive money printing by the world's central banks guarantee it. He's even got a book coming out later this year to back up his hypothesis. He believes a mix of gold, silver, and platinum as well as geographical diversity will protect you from the numerous economic uncertainties and governmental threats that are lurking. Nick's made it his life's work to help people protect their precious metals holdings from over zealous bureaucrats and other criminal types. How safe is your metal? In some parts of the world gold is viewed as the protector of wealth. In North America, gold is viewed as a speculative investment. Our economists regard a rising gold price as an admission of defeat, and their disparaging attitude toward higher gold prices took on a more desperate tone in 2010. Nevertheless, gold had another remarkable year, up 25% in 2010, its tenth straight annual gain. Meanwhile, over the same 10-year period, five major currencies -- the US and Canadian dollars, the euro, the British pound and the yen -- have lost between 70% and 80% of their value. In reality, gold is not rising; currencies are falling in value, and gold can rise as far as currencies can fall. Nick discusses the three dominant medium-term trends that pushed up gold prices in 2010 (central bank buying; movement away from the US dollar; China) as well as three longer-term, irreversible trends that will put upward pressure on the gold price for years to come (the aging population; outsourcing; peak oil). In addition to these trends, more and more investors will be competing to buy a shrinking gold supply. As safe-haven demand accelerates, there will be a transition from the $200-trillion financial asset market to the $3-trillion aboveground gold bullion market. About half of that $3 trillion is held by central banks as reserves; the remainder is privately held, and not for sale at any price. If the world's pension and hedge funds moved only 5% of their assets into gold, it would trade at over $5,000 per ounce. Nick's conclusion: Without any new financial crises, both mid- and long-term trends indicate that gold -- and silver -- will continue rising through 2011 and well beyond.

Making Money with Facebook and Twitter - Robert Kiyosaki

Facebook keeps rocking.. literally we could unleash its potential to our full advantage to get deposited thousands into our bank accounts if we know how to get thru properly in a marketing standpoint!!

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Wednesday, July 25, 2012

BOB CHAPMAN : The U.S. Dollar Index USDX could go down to the 45

BOB CHAPMAN : I think that on the U.S. Dollar Index (USDX), the dollar could go down to the 45 mark. On the other hand it's about 82 right now, down from 89 and up from 74, six or seven months ago. If you think the dollar is going to go down in value, as I do, in order to hedge against that one could buy Treasury Securities denominated in Swiss francs or Canadian dollars. I think those two currencies will do well versus the dollar. If you look at the figures for the last seven years, you'll find that every currency in the world went down versus gold. In the first six months of 2010, most of the major currencies went down 12% or 13%. The final arbiter here is gold. The question is who's going to win? Is gold going to become the ultimate currency or is it the dollar or will it be another currency? It's hard for another currency to compete with gold with all the debt out there and all the problems the world's got when you have a fiat currency that's backed by nothing. The only currency out there that has a backing of gold is the euro; it used to be that 15% of the currency was backed by gold, but now it's about 7%. - in the aureport

Tuesday, July 24, 2012

Jim Rogers not selling his GOLD

Jim Rogers: Gold went up 11 years in a row, which is very unusual. I’ve never known any asset to go up 11 years in a row without a correction. It’s having a correction now. I would suspect that the correction will continue for a while. I’m not any good at market timing, but I’m not buying any gold at the moment. But if it goes down, I hope I’m smart enough to buy more—a lot more. I’m not selling my gold. - in hardassetsinvestor

Peter Schiff : We need a GOLD Based Monetary System

GIN: So you believe that paper currencies issued by various governments as they exist will continue, but they will be backed by gold?
Peter SchiffThey won’t continue as they exist because right now they have no value. They are backed by nothing.
Most paper money initially existed as a substitute for gold. That’s what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what’s backing up the dollar?
I don’t think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper. - in goldinvestingnews
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