Obama is Good for Gold

Gold Super Spike Will Signal an Obama Win says Jon Najarian "We've noticed large investments in SPDR Gold Shares ETF (GLD) and iShares Silver Trust ETF (SLV) over the past two months. After losing its luster from the end of February 2012 through the May 23rd low of $148.84, it wasn't surprising for us to see institutional buying return to the precious metal. Then we had Fed Chairman Bernanke announce QE Infinity post Jackson Hole and his two-day Fed meeting last week, and gold was off to the races. The spike [GLD] from $167 per Bernanke announcement to $172 was nice, but a 3 percent rally isn't really going to get the gold bugs buzzing. However, we see massive buying of November 180, 185 and 200 calls, which portends a significantly greater rally, perhaps even a super spike for gold." he added

Investing in Physical Gold rather than ETF

Reducing the Risks of Investing in Physical Gold : Gold Bullion International CEO Savneet Singh on the benefits of investing in physical gold rather than an ETF.

ETF or Exchange-Traded Fund. By attracting those looking to invest in nontraditional assets and sectors, the global ETF market has inflated to more than a trillion dollars in assets over the past few years...some put that number now at about 2 trillion dollars. "Gold held in the Trust's unallocated gold account and any Authorized Participant's unallocated gold account will not be segregated from the Custodian's assets. If the Custodian becomes insolvent, its assets may not be adequate to satisfy a claim by the Trust or any Authorized Participant." So if the custodian runs into trouble, it may not be able to make good on your claim. If anything, it should reinforce the idea that you should buy physical gold/silver bullion or trade with an ETF that trades only in fully-allocated, good-delivery gold/silver. I would recommend buying physical and knowing exactly where you can sell it in in your area for fair price when the time comes to cash out.

SILVER TO GO SUPERNOVA

John Embry Expects a Silver Price Explosion Driven by Physical Shortage : John Embry from Sprott Asset Management, argues that the PRICE of gold & sliver had nothing at all to do with the VALUE of gold & silver. It was manipulated... IF they can do it last year or 3 decades ago they can do it this year and next year.. His message then was to BUY SILVER - BUY GOLD - BORROW money and buy metals...next upswing will be BIGGER.