Putin of Russia Invests Billions In Gold

After George Soros who has recently invested hundreds of millions in Gold here is Putin of Russia investing Billions in physical Gold : "According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world’s fifth-biggest gold pile in a handful of years, and is buying about half a billion dollars’ worth every month. " says Marketwatch ....Soros, Putin, and other big players with savy are putting their money into tangibles worth something. Physical gold and/or silver is a hedge against hyper-inflation. If you’re in the stock market, you are either crazy or you’ve got inside information. The collapse looms near, be careful which “experts” you listen to.

Gold is Nature's Currency - It Cannot be Printed - Matt McLennan

Matt McLennan is First Eagle Global Fund Portfolio Manager. He is Head of Global Value Team. This is a brilliant video.
"Ultimately what moves the needle for Gold is the perception that the discipline around sovereign paper is declining. More importantly than the action of central banks is the question of SOLVENCY. What does paper money then? That's a bigger question. You get confronted with very difficult choices. Either fiscal adjustment which is deflationary, do you print money in unconventional ways...or do you try to tighten fiscal policy at the margin, that could be quite inflationary in the medium-term [Wow] We have about 10 per cent of our portfolio in gold bullion and gold equities. It is a long-term monetary reserve"
[How closely do you monitor the supply and demand of Gold?]
"Supply and demand are irrelevant. Gold is the one commodity that lasts forever. The real supply of Gold is the cumulative stock of Gold ever mined. One year's mining supply is less than 2 per cent of the true supply of gold. No other commodity is as stable because every other commodity is produced for use. So there is no value to monitoring the short-term supply for gold. Ultimately the supply is all the Gold that has ever been mined"
{Beautiful - that's it right there - You need to measure the total Gold stock across the whole world. Then compare that against the total stock of dollars being debased / reflated by the Federal Reserve and global central banks. That's the forecasting model for inflation and deflation against the one true value ruler of Gold now in the form of true currency.}

Bob Chapman On The Tungsten Gold Bars

Bob Chapman On The Tungsten Gold Bars

Bob Chapman returns on the Tungsten Gold plated bars scandal after a German TV have found a Tungsten bar sold as gold and professionally counterfeited , Bob Chapman advises against Gold bars if you are not able to check them out very carefully , he prefers coins to bars
German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
From my estimate, 500 grams (or about 17.63 ounces) of gold at spot should be about $20,000 (US) instead of just over $20 (US) that Tungsten would be worth. That’s quite a rip-off.
Tyler Durden
March 2, 2010
German TV station ProSieben finds what appears to be some evocative proof of gold counterfeiting, in the form of tungsten gold substitutes coming to the W.C.Heraeus foundry, which is the world’s largest privately-owned precious metals refiner and fabricator, located in Hanau, Germany. The foundry has isolated at least one 500-gram tungsten bar due for melting, originating from a (so far) unnamed bank, which as the head of the foundry stated made the unpleasant discovery that “not all the glitters is gold.”