Tuesday, September 11, 2012

$100 SILVER SOON - Bill Murphy

$100 SILVER SOON, JP Morgan SCANDAL: the SECRET Is OUT - Bill Murphy GATA chairman : I am in the same boat. He's been a cheerleader for a long time. He does seem to be right so far about the August/September move, but cautious, skeptical optimism is warranted. If the JP Morgan manipulation breaks as he says, his credibility will skyrocket! SHORTAGES should be a good indicator of manipulation in the PM markets. Even though manipulation CREATES panic and less confidence in metals, shortages would indicate that the paper price is not consistent with the physical price. The case for manipulation is compelling to me, given the ease of doing it and the fact that gold has been manipulated before.

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, September 10, 2012

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.

Sunday, September 9, 2012

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.}
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