Bottom line is do not buy the liabilities first , buy your assets first and let your assets pay for your liabilities , you can live a luxurious life and still be rich you just have to be financially educated do not take your liabilities for assets as most people do , most people for example think that their home is an asset , well no it is a liability because it take money from your pocket every month , while an asset is supposed to bring money into your pocket every month ...big difference ! do not deprive yourself , buy any liability that you want nice house nice car etc , but first buy assets which will later on pay for your assets
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, May 20, 2011
The US Government owns the COMEX
Bob Chapman on Radio Liberty 20 May 2011
Bob Chapman : ...I think the idea of the government , the CME which owns the COMEX and the naked short such as Morgan and HSBC in Silver they decided we just going to take the market down and they got away once with it before , they are not going to get away with it this time ...there should be an investigation , ...the gold and silver market looks like it may have bottomed right now says Bob Chapman of the International Forecaster ....
Bill Murphy - Goldseek Radio May 18, 2011
Bill Murphy on Gold Silver price manipulation
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)
(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets
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
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)
(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets
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
Bill Murphy on Gold Silver price manipulation
Bill Murphy - Goldseek Radio May 18, 2011
Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....
Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.
"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Gold Silver Ratio
Gold and Silver Ratio in History :
The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.
Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.
Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.Silver reserves approaching ZERO. Price explosion must follow!
• Right now it takes 42 ounces of silver to buy 1 oz. of Gold. (42 to 1)
• 700,000,000 ounces of silver was mined in 2009 versus 80,000,000 ounces of gold, which is about a 9 to 1 ratio.
• There was an estimated 40 Billion ounces ever mined of silver versus an estimated 5.3 Billion ounces of gold. That ratio is 7.5 to 1 ratio.
Silver has been consumed as an industrial metal, whereas gold has been cherished as a precious metal forever. As a result, there is still about 5 billion ounces of gold in the world. Silver inventories, on the other hand, have been decimated, with only an estimated 5 billion ounces now above ground. The other 39 billion ounces are in the landfills of the world in amounts too tiny to recover economically at today’s absurdly low silver prices. Maybe if the price of silver rises significantly enough, we will see massive recovery efforts in Staten Island.
•Historically the Silver/Gold Ratio has been 16/1 to 10/1, meaning that silver is presently about 4x undervalued.
•If the total amount of Gold and Silver above ground is equal to 5 billion ounces, that would put the ratio at 1/1. Thus, silver could be viewed as 42x undervalued!
•Total amount of physical Gold and Silver in monetary/bullion form would put the ratio at 1/5, with silver being 230x undervalued. (So the Silver to Gold ratio is 1 to 5–yes, there is less silver bullion above ground than there is gold.)
So if the price of Gold never went up and was based off of Silver market fundamentals, it should find some market balance. At that point you could, in the extreme case, trade your 42 ounces of silver for 210 ounces of gold! (1/5 silver to gold ratio.)
I agree with Mike Maloney that the gold/silver ratio will go well below the historical 16:1 ratio because of the factors that now exist in the world economy, i.e., historic money printing on a global scale and loss of confidence in the world reserve currency which is the US dollar. There has never been global economic conditions like this before and silver will benefit greatly from it. It's the poor man's gold and is much more accessible to the average person.
Roaring 20s brought it down to 16:1
Great Depression, ratio went to 100:1, no significant industrial use
After the post WW2 boom, it went way down, industrial use and electronics
Early 1970s, US off gold standard and individuals could own gold - look how it went up
Hunt Brothers event bottoming it out at 9:1
Then it went back up, over 90:1 during the recession of the 1990s
Dot-com boom sent it under 60:1
Panic of 2008 sent it over 80:1 - deflation, less industry use
Recent stimulus sent it to 60:1
100 years ago, a Ford factory worker made 5 dollars a day, ( 3.87 oz ) of silver in 5 Morgan dollars.
Today, 3.87oz Ag = $116.
Which is an average wage for a skilled worker.
Also, 100 years ago, 5 Morgan dollars had a similar purchasing power as $116 today.
Silver is not in a bubble.
whatever happens silver will skyrocket its demand from industry is unattainable at this lever n it will have to RISE way above what some experts predicted it will
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 price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.
Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.
Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.Silver reserves approaching ZERO. Price explosion must follow!
• Right now it takes 42 ounces of silver to buy 1 oz. of Gold. (42 to 1)
• 700,000,000 ounces of silver was mined in 2009 versus 80,000,000 ounces of gold, which is about a 9 to 1 ratio.
• There was an estimated 40 Billion ounces ever mined of silver versus an estimated 5.3 Billion ounces of gold. That ratio is 7.5 to 1 ratio.
Silver has been consumed as an industrial metal, whereas gold has been cherished as a precious metal forever. As a result, there is still about 5 billion ounces of gold in the world. Silver inventories, on the other hand, have been decimated, with only an estimated 5 billion ounces now above ground. The other 39 billion ounces are in the landfills of the world in amounts too tiny to recover economically at today’s absurdly low silver prices. Maybe if the price of silver rises significantly enough, we will see massive recovery efforts in Staten Island.
•Historically the Silver/Gold Ratio has been 16/1 to 10/1, meaning that silver is presently about 4x undervalued.
•If the total amount of Gold and Silver above ground is equal to 5 billion ounces, that would put the ratio at 1/1. Thus, silver could be viewed as 42x undervalued!
•Total amount of physical Gold and Silver in monetary/bullion form would put the ratio at 1/5, with silver being 230x undervalued. (So the Silver to Gold ratio is 1 to 5–yes, there is less silver bullion above ground than there is gold.)
So if the price of Gold never went up and was based off of Silver market fundamentals, it should find some market balance. At that point you could, in the extreme case, trade your 42 ounces of silver for 210 ounces of gold! (1/5 silver to gold ratio.)
I agree with Mike Maloney that the gold/silver ratio will go well below the historical 16:1 ratio because of the factors that now exist in the world economy, i.e., historic money printing on a global scale and loss of confidence in the world reserve currency which is the US dollar. There has never been global economic conditions like this before and silver will benefit greatly from it. It's the poor man's gold and is much more accessible to the average person.
Roaring 20s brought it down to 16:1
Great Depression, ratio went to 100:1, no significant industrial use
After the post WW2 boom, it went way down, industrial use and electronics
Early 1970s, US off gold standard and individuals could own gold - look how it went up
Hunt Brothers event bottoming it out at 9:1
Then it went back up, over 90:1 during the recession of the 1990s
Dot-com boom sent it under 60:1
Panic of 2008 sent it over 80:1 - deflation, less industry use
Recent stimulus sent it to 60:1
100 years ago, a Ford factory worker made 5 dollars a day, ( 3.87 oz ) of silver in 5 Morgan dollars.
Today, 3.87oz Ag = $116.
Which is an average wage for a skilled worker.
Also, 100 years ago, 5 Morgan dollars had a similar purchasing power as $116 today.
Silver is not in a bubble.
whatever happens silver will skyrocket its demand from industry is unattainable at this lever n it will have to RISE way above what some experts predicted it will
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 IMF was a looting operation since WWII
Bob Chapman - A Marines Disquisition - 05-19-2011
Bob Chapman : the IMF was set up as a looting operation by Wall Street , that's why Dominique Starauss-Kahn got into problems with those in New York because he wanted to make it into a more humanitarian operation by relieving people of some of their debt and not imposing such austerity which has never worked , he also wanted to use the SDR instead of the dollar , Bob Chapman believes that DSK is innocent of the charges and that JPM is behind all of this ....Thursday, May 19, 2011
The IMF is a looting operation by Wall street
Bob Chapman - American Freedom Radio - 05-19-2011
Bob Chapman : Dominique Strauss Kahn s a french billionaire with an Illuminati family background , the power that be in Washington did not want him to bring some socialist justice into the IMF a looting operation set up by Wall street to loot the world , so he was probably set up , Bob Chapman is a friend with Jean Marie Lepen and his daughter Marine Lepen the leader of a leading far right party in France which has a chance to run in the second turn in the upcoming french presidential elections , this is also one of the reasons why DSK was set up cause he was one of the favorites to lead the socialist party in these presidential elections....Both Gold and Silver are in Bakwardation
Bob Chapman - Sovereign Economist - 05-18-2011
Bob Chapman Both Gold and Silver are in Bakwardation , people are closing up accounts and demanding delivery ...we have based out at this stage , JPM and HSBC are using derivatives not future to prevent the market from going up
Gold strong fundamentals Driving Demand
"Since the start of this bull run in 2002 it's been an orderly rise in price, I don't think we can argue that it's not reacted properly to the world situation," says Marcus Grubb, managing director investment at the World Gold Council told CNBC. , the dollar is now a derivative with no under layer , thefear of sovereign debt default and inflation will keep driving gold prices higher
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Why Gold & Silver ? THE FULL MOVIE - Mike Maloney
An excellent documentary by Mike Maloney featuring James Turk Ron Paul Robert Kiyosaki ...the safest place to be are gold and silver now they are dirt cheap this opportunity is not going to last forever , you will still going to be able to buy a medium size house for 1000 ounces of silver just history repeating itself... Mike discusses many things in this documentary, including awareness of the situation, the differences between this market and that of the 1970s, the fact that this is a global phenomenon, and more. Would love to hear your thoughts on what he has to say. Mike Maloney trying to wake up the people out of their delusions of paper money just like Enron which was a fraud and collapsed suddenly so is the Dollar , the dollar is doomed this is the greatest opportunity in history of mankind the greatest wealth transfer in the history of mankind never before had all world currencies been fiat currencies at the same time this is the first time that that happened , there are trillion upon trillions of paper money which soon will be chasing the real hard assets available namely gold and silver ...gold and silver are still massively undervalued....one more thing. if government stop printing, they will not be able to pay back their bond that they issued. and they will default. everyone in the world will realize this and everyone in the world (except US) will just rush into gold because people in the world understand that if US government can default, why trust paper money?
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
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
APMEX Silver Bars and Rounds
APMEX Silver Bars and Rounds are a great addition to your portfolio! Apmex has the best selection by far according to some silver bugs. Get it while its cheap it wont stay down long i ordered my first 20 bars 2 days ago and they are now almost worth what i payed get now so you can increase your profits. In case your wondering i payed about 3 dollars over spot at that time that is how much its moving soon i break even then in come the profits , yea just get 90% silver dimes in that case. I bought some 1/2 oz rounds the other day from APMEX. Get some quick while silver and gold are down.
1 kg Silver Bullion Bar
This is a 1 kilogram bar of silver bullion purchased at Ishifuku Kinzoku (Ishifuku Metals) in Japan. 1 kilogram equals 32.150747 troy ounces. I think I said something different in the video, I don't know where I got that from.
At the time of this post a silver 1 kilo bar would be worth $25.48 per Troy Ounce. So the bar's scrap value is 25.48 x 32.151 ounces = $819.20. Here in the UK, the bars are subject to Value Added Tax at 17.5% (this will be increased to 20% from January 4th, 2011). Current selling prices on eBay for the bars are circa 660 - 700 GBP.
Silver is extremely undervalued right now. Silver stocks are almost completely gone and silver is mined only as a by-product of other metals like copper, so supply will not be able to meet demand in the future. Some believe the price of silver will even match or surpass that of gold.
You can always go with allocated storage, but if you have a significant amount have your allocated gold stored outside of your home country. That's no guarantee that those other countries won't confiscate, but if you store it some place with a very liberal free-market economy I don't think there'll be a problem.
I keep all mine at home, boxed up and hidden in the storage space. In Japan there's little theft or robbery so I'm not worried.
At the time of this post a silver 1 kilo bar would be worth $25.48 per Troy Ounce. So the bar's scrap value is 25.48 x 32.151 ounces = $819.20. Here in the UK, the bars are subject to Value Added Tax at 17.5% (this will be increased to 20% from January 4th, 2011). Current selling prices on eBay for the bars are circa 660 - 700 GBP.
Silver is extremely undervalued right now. Silver stocks are almost completely gone and silver is mined only as a by-product of other metals like copper, so supply will not be able to meet demand in the future. Some believe the price of silver will even match or surpass that of gold.
You can always go with allocated storage, but if you have a significant amount have your allocated gold stored outside of your home country. That's no guarantee that those other countries won't confiscate, but if you store it some place with a very liberal free-market economy I don't think there'll be a problem.
I keep all mine at home, boxed up and hidden in the storage space. In Japan there's little theft or robbery so I'm not worried.
Mike Maloney Why Gold & Silver? FULL MOVIE
An excellent documentary by Mike Maloney featuring James Turk Ron Paul Robert Kiyosaki ...the safest place to be are gold and silver now they are dirt cheap this opportunity is not going to last forever , you will still going to be able to buy a medium size house for 1000 ounces of silver just history repeating itself....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Andy Gause- IMF Background and Gold, Silver - 05-18-11
Andy Gause money historian and gold expert with Patrick Timpone go in details about the Domenique Strauss-Khan affair what the IMF does in the world , how this IMF bank is funded mainly by the American tax payers money , how the IMF a supposedly private bank is wrecking havoc amongst the poor of this planet , tricking entire countries into the black hole of eternal debt sucking resources from the poorest of this planet for the benefit of few bankers in New York
Bob Chapman : Silver will shoot back up
An Update about Silver by Bob Chapman yesterday at the Discount Gold and Silver trading interview , Bob bBelieves that Silver will shoot back up to former highs, this is a good time to be a buyer as is Bob himself
Wednesday, May 18, 2011
Day of Rebound for Gold and Silver - Gold +1.1%, Silver +4.8%
Precious metals rebound today : Gold +1.1%, +4.8% Silver . The prices of precious metals have closed today in New York with a . The gold futures expiring in June gained 1% to $ 1,495.80 an ounce and silver up 4.8% at $ 35.10 an ounce. The rally in prices of agricultural commodities and oil have made an increase pushed by the fears of inflation by the market . The corn has appreciated by 3.8%, wheat by 7.2% and 3.3% for the crude oil. The prices of precious metals have also benefited from the weakening of the dollar today.It's a Day of rebounds for the precious metal, thanks to the general weakness of the U.S. dollar and despite the very exciting developments in equity markets, given that in recent times, the correlation between equity and commodities has been very strong. Gold is now slightly below the $ 1,500 an ounce mark and 4-hour chart shows an interesting triangle of compression in the coming days (or maybe in the next few hours) could be implemented with a directional movement of relief. The high volatility of the market makes it impossible to make accurate projections in the short term, although it must be said that in the last hour prices were the first bouncing off lows on the support area of $ 1,480 / oz and then the area of $ 1,490 / oz . it is impossible to envisage if the target is upward or downward: in the event of continuation of the upward trend, we can assume a landing area at least $ 1,530 / oz, and if sentiment deteriorates again we can expect a fast return to area $ 1,480 / oz before and $ 1,460 / oz . As for silver, however, currently quoted in the area $ 34.9 - $ 35 an ounce and are in contact with the dynamic resistance of Ema20 about 4 hours. We are dealing with a side stage for several hours and even here a new burst in volatility is possible . Downward eye to the loss of $ 34 / oz, which sheds new area prices to $ 32 / oz. In the event of continuation of the bounce, however, could be considered a landing at 36.5 $ / oz first and then $ 39-40 and up.
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
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
Bob Chapman : good time to buy Gold and Silver
Bob Chapman - Discount Gold and Silver Trading
We are at position now in the gold and silver market here you should be a buyer says Bob Chapman of The International Forecaster ,I have been a buyer this week again he added ...Dominique Strausse Kahn was probably set up for many reason says Bob , because they want the world reserve currency to remain the dollar...Bob Chapman - Discount Gold Silver Trading - 05-18-2011
Bob Chapman - Disc Gold Silver Trading - 05-18-2011
We are at position now in the gold and silver market here you should be a buyer says Bob Chapman of The International Forecaster ,I have been a buyer this week again he added ...Dominique Strausse Kahn was probably set up for many reason says Bob , because they want the world reserve currency to remain the dollar...
We are at position now in the gold and silver market here you should be a buyer says Bob Chapman of The International Forecaster ,I have been a buyer this week again he added ...Dominique Strausse Kahn was probably set up for many reason says Bob , because they want the world reserve currency to remain the dollar...
Cash Flow vs. Capital Gains
Many people are confused when it comes to differentiate between Cash Flow and Capital Gains , a financially educated investor should focus on cash flow not on capital gains . here Rich woman Kim Kiyosaki explains the two types of profits that investors invest for, and the important differences between the two.
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.
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.
Silver Conference with David Morgan Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull - 14 May 2011
David Morgan hosts a Silver Conference with precious metals experts and analysts : Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull , these mainly bulls will explain how the markets are rigged why the gold and silver is not in any kind of bubble and why you should hoard physical silver and gold for the long run the Bull market is just about to begin you have not seen anything yet . Eric Sprott says that he has no doubt that Gold will reach a $2000 any time soon
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
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
David Morgan hosts a Silver Conference with Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull - 14 May 2011
David Morgan hosts a Silver Conference with precious metals experts and analysts : Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull , these mainly bulls will explain how the markets are rigged why the gold and silver is not in any kind of bubble and why you should hoard physical silver and gold for the long run the Bull market is just about to begin you have not seen anything yet ....ENJOY the ride :
Mexico sells US dollars and buys gold bullion
Mexico sells US dollars and buys gold bullion
The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9
The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9
US Debt Ceiling and Selling Gold at Fort Knox
The question now emerges should the US sell its gold at fort Knox in order to pay its ever increasing debt , but most importantly , is there any Gold at Fort Knox as we are told and if so how much ?
US Debt Ceiling and Selling Gold at Fort Knox
US Debt Ceiling and Selling Gold at Fort Knox
Gold ETFs vs Silver ETFs
This blog encourages and promotes the physical holding , which means you better go and buy physical metal gold or silver and better yet hold it for the long ride that is ahead of us , gold and silver are real money "Investors have to be aware of what's backing the ETF. There are futures-based products out there and that does have an effect on investor returns," Martin Arnold, senior analyst, ETF Securities told CNBC.
Bob Chapman : The COMEX will lose 30 percent of their business to the HKMEX
Bob Chapman - Sovereign Economist - 05-11-2011
Bob Chapman : ...I think the COMEX will lose 30 percent of their business in the coming months and they will lose the monopoly there gonna be some big changes coming ,Bob Chapman : people like Forbes get away with that stuff
Bob Chapman on Discount Gold Silver Trading 11 May 2011
Bob Chapman : the use of gasoline dropped 2.4 percent in the last month ...the government is trying to get the commodities prices down to help with the inflation people are leaving the stock and bond markets and putting their money over there (in commodities) because they do not trust the government ...silver is down 3 dollars , gold held up reasonably well you can thank your government for rigging the market says bob Chapman of the international forecaster....people like Forbes get away with that stuff because they are members of the Illuminati , Forbes has a dreadful family history that he does not want to hear about ...Bob Chapman - Dr. Deagle Nutrimedical Report - 05-11-2011
Bob Chapman - with Dr. Deagle Nutrimedical Report - 05-11-2011 : gold and silver is the only real money and usually in the aftermath of the events like the catastrophe in Japan their prices tends to get higher but what is happening says Bob Chapman of the international forecaster is that the US Government along with the CME which owns the COMEX they have attacked the whole commodity market , today of all things they have raised the margin requirements on natural gas
Silver Eagles vs. Bars
It doesn't matter if the bar is tarnished they melt it down. Why people buy metals? Because it is an industrial good and . I agree coins are better then bars because it is easier to sell a coin of 30 dollars instead of a bar of a kilo. More people can afford a coin instead of a bar .Engelhard is the most respected name in silver because of it purity. I had 400 oz all Engelhard, 10 oz bars and 1 oz coins. I dont recommend 100 oz bar like the one in video. It's harder to sell when silver go to 100/oz. It is for big investor only. If you invest under 10K, then 10 oz bar and 1oz coin is way to go. Total of silver in video about 20K at the time, right now about 40K in just 6 months. I dont understand people who continue to invest in a stock market. full of worthless derivatives, and overinflated b.s. like yahoo, & on & on. The only reason the market is doing as good as it is, is because the FED . just dumped 1.7 trillion of future tax dollars that have yet to be collected into it. At the same time 14+ trillion debt 1.6 trillion budget deficit.soon all that money will be chasing real assets like gold and Silver , Need i say more? Buy metals, buy lots of them.
Eric Sprott : if only three percent in one day demanded physical delivery there will be no silver on the COMEX
Max Keiser interviews Eric Sprott on gold and silver prices (12May11) :
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....I think last weeks decline was premeditated ....very much orchestrated ...one of the things that I think we should look at is the trading of silver in the paper market which I mean the COMEX and the SLV , last week it probably averaged 1.2 billion ounces per day there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters I mean if something like 3 percent of the people who are trading silver , three percent in one day demanded physical delivery there will be no silver on the COMEX , so I look at this paper markets and I just believe it's paper it's guys pushing buttons who really have no interest in silver other than trying to move the price one way or guess where the price is going ....I think the key market is the physical market , what the people are doing in terms of converting their fiat over to silver and gold and obviously that has a long momentum today and I do not think this raid is going to work even though it was shocking last week
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
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....I think last weeks decline was premeditated ....very much orchestrated ...one of the things that I think we should look at is the trading of silver in the paper market which I mean the COMEX and the SLV , last week it probably averaged 1.2 billion ounces per day there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters I mean if something like 3 percent of the people who are trading silver , three percent in one day demanded physical delivery there will be no silver on the COMEX , so I look at this paper markets and I just believe it's paper it's guys pushing buttons who really have no interest in silver other than trying to move the price one way or guess where the price is going ....I think the key market is the physical market , what the people are doing in terms of converting their fiat over to silver and gold and obviously that has a long momentum today and I do not think this raid is going to work even though it was shocking last week
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, May 17, 2011
Hong Kong Mercantile Exchange begins offering of yuan-denominated gold future today
First physical gold delivery right beneath the Hong Kong airport the new Hong Kong Mercantile Exchange starts offering today yuan-denominated and dollar - denominated gold futures this is the first time that future contracts with gold are offered with physical delivery unlike of what is happening in the COMEX , this is a new different market that should appeal to the asian investors in particular. The Industrial & Commercial Bank of China-backed bourse plans to introduce dollar silver futures by June after trading of dollar-denominated gold futures begins today, Albert Helmig, president of the exchange, said. China is promoting the use of the yuan in global trade and investment to reduce its reliance on the dollar.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Eric Sprott : I am a buyer of Silver today and tomorrow
Max Keiser guest Eric Sprott on commodities prices (12May11)
Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Robert Kiyosaki : $200 Silver not out of line
Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Mike Maloney and Max Keiser on the Silver Gold Sell-offs
Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came whthin a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? ...
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win
Robert Kiyosaki : why Mutual funds are complete rip off
Robert Kiyosaki : mutual funds are the worst place to put your money in I would never put my money in mutual funds because of things called fees and hidden fees they do not tell you how expensive it is , the mutual funds are not there to make you rich it's to make the banks Goldman Sachs and Meryl Lynch rich just remember they just rip you apart with fees ...mutual funds companies put up zero dollar money you put up hundred percent of the money they take eighty percent of the profit you take twenty percent of the profit you take hundred percent of the risk and they take zero risk it's complete rip off and that's why I think we got to have financial education most school teachers will tell you to put your money in mutual funds that's why my book title is what schools never teach you about money because the school system is complicit of Wall Street and the banking system
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.
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.
Gold, Soros Sells Paulson Buys 5/17/2011
Gold, Soros Sells Paulson Buys 5/17/2011
"last night's 13f reports revealed a hedge fund street fight in the making over gold. George Soros dumping nearly all of his holdings in GLD while john paulson held on to his, even adding positions in some Gold Miners ".
BK :" I'm with John Paulson, gold goes higher at this point in time. I don't have a lot of gold positions. you have to point out , two weeks ago rumors that George Soros was dumping silver and gold. he did it on a sun night. this data says that he sold it back in January and February. rumors were just flat-out wrong. and the reason for people selling gold on that was flat-out wrong. "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
"last night's 13f reports revealed a hedge fund street fight in the making over gold. George Soros dumping nearly all of his holdings in GLD while john paulson held on to his, even adding positions in some Gold Miners ".
BK :" I'm with John Paulson, gold goes higher at this point in time. I don't have a lot of gold positions. you have to point out , two weeks ago rumors that George Soros was dumping silver and gold. he did it on a sun night. this data says that he sold it back in January and February. rumors were just flat-out wrong. and the reason for people selling gold on that was flat-out wrong. "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman - National Intel Report - 05-17-2011
Bob Chapman of the International Forecaster with JOHN STADTMILLER in the 'National Intel Report' to discuss current world affairs in this 17th of May 2011 and the Illuminati plans to rob this country and the world dry
Eric Sprott : in my own account I own 80 percent in precious metals and I do not lose any sleep over it
Eric Sprott :...well I think historically silver and gold traded at a ratio of 16 to one so for example at 1600 dollar Gold Silver could be a $100 /oz and that goes back over centuries as what the relationship was , i think it will go back there , I think it will probably overshoot just because it has been so mispriced for so long and when i look at the data that supports that view I just look at the purchases of silver here , so for example US Mint so far this month has sold more dollars of silver than they have sold dollars of Gold but the prices are for fifty to one ! well how long are you gonna have the same amount of money going into silver as it is going into gold and the prices be fifty to one and I see it not only in the mint sales , I see it in this company called Goldmoney that sells in the internet they sell more silver than gold , the company we have called Sprott Money sells more dollars in silver than gold so people are moving into silver , Eric Sprott suggests that investors chose the physical silver over the paper certificates .... in my own account own 80 percent in precious metals and I do not lose any sleep over it he said
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
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
Bob Chapman - the Stan Solomon Show - 05-13-2011
Bob Chapman : discusses with Stan Solomon the fact that now under the Obamacare hiring a person now cost you his healthcare and that of each member of his family ...and other issues
Bob Chapman warning about the Perth Mint Silver and Gold Certificates
Bob Chapman is warning against Perth Mint Silver and Gold Certificates , you better either cash out or ask for your physical delivery before you will end up with a worthless piece of paper , Bob Chapman who has been in the business for more than 30 years suspects that they do not have the metal they are claiming....
How to play the Silver, Gold Markets volatility
Phil Streible, senior market strategist at Lind-Waldock, reveals when he would recommend investors get long gold and silver.: " Well we're seeing the same thing we're seeing that gold silver ratio start to trend up a bit , a lot of investors are coming out of silver markets is that the characteristics of the silver market changed quite a bit you've got a lot of volatility in their you've also got increased margin requirements it's a little bit too chappy for the average investor , so they are coming out of debt but they still want the metals exposure so they're going into a little bit more conservative play like the gold market gold's getting accumulated also by central funds. So you're seeing that that play come in and gold is very supportive."
Lessons to be learned from the Gold and Silver Correction
According to Jon Nadler, senior analyst at Kitco.com, there is a lesson we can learn from the recent Gold and Silver corrections and massive selloffs : I think that the number one lesson is a repeat of the lesson actually and that is that whenever you see the crowds piling in. You've got to be mindful of the fact that when the sky appear the bluest that's when surprises happen. Time and again people learned along the way the hard way by piling in when its headline material and Forget their true Objectives and of course you know buying it in a bubble that type of bubble has consequences "
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The managing director of metals products at CME Defends CME's Adjustment of Silver Margin Rules
The allegations that the CME was trying to drive the silver price down is off the mark says Harriet Hunnable, the managing director of metals products at CME Group Inc., talks about the exchange's rules for silver trading. Last week, silver plunged 27 percent, the most since at least 1975, after CME raised margin costs. Silver bugs should look at this as a discount offered to you by the government , you can buy more silver at a discount , silver is money it is not an investment for making a quick buck , hold your silver assets you are sure that they will never lose value over time on the contrary the longer the better ....
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
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, May 16, 2011
Bob Chapman - Freedom Files Radio Show (5/12/2011)
Bob Chapman, The International Forecaster discussed various issues during this Thursday May 12, 2011 episode of the Freedom Files with James Burns Radio Show. JP Morgan Chase Goldman Sachs Citi Group how far these financial terrorists have gone says Bob Chapman of the International forecaster
Eric Sprott : There is only 700 million ounces mined in a year
Eric Sprott : One of the things we should look at is the trading of silver in the paper markets, I mean the Comex and the SLV. Last week it averaged 1.2 billion ounces per day. There is only 700 million ounces mined in a year. There is only 33 million ounces of physical silver that is available for delivery by the commercial shorters. If something like 3% of the people that were trading silver in one day demanded physical delivery, there would be no silver on the Comex.... The key market is the physical market. I don't think this raid is going to work." .
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
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
Scottsdale Silver Shipment
Scottsdale silver makes the nicest bars I've seen "The One" 1 oz bars from Scottsdale Silver . a troy ounce is 31 grams, One of the finest silver bullion bars available: The Scottsdale Stacker®, only from Scottsdale Silver.
10 Troy Ounces of .999 Pure Silver .Just received my bars, great bars most beautiful thing I have seen, just holding them gives you an energy, very different then having currency or 401k, must say 30% my salary going to silver investment..Now Shipping to Canada automatically from their website http://www.scottsdalesilver.com
10 Troy Ounces of .999 Pure Silver .Just received my bars, great bars most beautiful thing I have seen, just holding them gives you an energy, very different then having currency or 401k, must say 30% my salary going to silver investment..Now Shipping to Canada automatically from their website http://www.scottsdalesilver.com
John Embry : why Gold and Silver should be in your portfolio
John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligible if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The manipulation continues in the silver paper market
Keith Neumeyer, First Majestic Silver president & CEO, sheds insight on why his company's stock is down. : ...."...well, I think there was some short covering going on in the latter part of march and into early April really propelled silver up to close to $50. really silver is going through a rerating right now. and one of the important things to me is a silver producing mining company is that as we rely more on technology, we become more reliant on silver."
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
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
How JP MORGAN & HSBC manipulate the SILVER Markets
Even if it is all manipulated, silver is still a better choice to own than paper money. If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are thieves, scum and frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Roubini: frauds Spin masters: Fox, Cnbc, Jim Cramer: frauds Don't get screwed folks stay away from this scum. Stick to owning physical gold and silver bullion and let the music stop.
The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.
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 metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.
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
Commodity Boom Period Coming Soon says Michael Langford
The bearish market in Gold and Silver will end next week and we will see a bullish trend , Commodity Boom Period Coming Soon says Michael Langford , proprietary trader at StreamTrading.com says the commodity markets, which have remained bearish, will look to stabilize soon as we enter a positive phase in the commodity cycle.
Jim Rogers not selling his Gold and Silver
Jim Rogers : I still own my gold I haven't sold any gold and if it goes down I hope I'm smart enough to buy some more just like with silver , in Thestreet.com
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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