Thursday, August 25, 2011

Gaddafi to sell off Gold reserves

Libyan war 100 Tons Of Libyan Gold being looted and Will Not Be Found .More speculation has been raised on the reasons for NATO's intervention in Libya. the organization may have been trying to prevent Gaddafi from burying the American buck.its simple...the western powers dont want to lose control of there monetary system. So if a country that is rich in natural goods doesnt want to except paper as payment ..but actual gold as payment ...it devalues there paper money as worthless. The aggressor uses propaganda and manipulation to convince the taxpayers its all in the name of the people safety but in reality its all about the bankers and strategic positioning for expansion.

Libya's former central bank governor, Farhat Bengdara, says Gaddafi will try to sell part of Libya's gold reserves to pay for his escape and to spread chaos among the tribes. Bengdara has allied himself with the Libyan rebels. In an interview with an Italian newspaper he claimed that an ally of Gaddafi had offered to sell 25 tons of gold to a friend of his, but that this friend immediately rejected the offer. Bengdara declined to reveal his friend's identity. The former central bank governor also said that Tripoli has 10 billion US dollars in gold reserves in Tripoli and that Gaddafi could have made off with some of it. Bengdara believes that Gaddafi has fled Tripoli via the Algerian border, and that he may try to pay off some tribes for protection. With regards to Libya's future, he says the country will need 5 to 7 billion US dollars as a bridging loan to restart the banking system and pay for imports.





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 : Gold is having a wonderful correction


Bob Chapman : Gold is not going to stop at $2000 it may quiver at $2200 , this is a wonderful correction , and those idiots had it all done in two days , you talk about painlessness , it is like you go to the doctor and you had two tooth pulled and there is no pain , it sure is down but what are they going to do onward ? they have no bullion for sale it's all paper , and so what should the public be doing and professionals as well , they should be in there mid-day tomorrow started to phase in the new buying they should be buying all the time but especially hen you have dumps like this , obviously for the government to do this with the brokerage houses and the hedge funds and the banks and the working groups in the financial markets for them to do that some very very bad news is coming I can promise you , JPM would not come out and say Gold is going to $2500 this year , if they did not think it is going higher because they wanted to stop in there that's why they are doing what they are doing it is called psychological warfare , and so where is gold going ? I'd say by the end of February which is kind the end of the big move historically yearly in gold and silver we are looking at $3000 - $3200 and a $100 silver and it is going to happen they cannot stop it




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)

Jim Rogers : The last thing you want is for your Gold to be in a vault of a bank which goes bankrupt

Jim Rogers :It is (what Venezuela has done ) certainly significant especially if they (the banks ) find out  that they do not have it , it will be quite a turmoil if all of sudden the banks will say we do not have all that gold we do not find it because you know a lot of gold has been mixed with other gold it might just mean more and more people do want to hold their gold in their own hands , I would suspect so , we are coming in more and more turmoil more and more banks will be going bankrupt and The last thing you want is for your Gold to be in a vault of a bank which goes bankrupt or which has to suspend redemption , so I suspect you'll see more of it





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 : Gold is not going to stop at $2000

Bob Chapman with Bill Deagle Nutrimedical Report 24 Aug 2011




Bob Chapman : Gold is not going to stop at $2000 it may quiver at $2200 , this is a wonderful correction , and those idiots had it all done in two days , you talk about painlessness , it is like you go to the doctor and you had two tooth pulled and there is no pain , it sure is down but what are they going to do onward ? they have no bullion for sale it's all paper , and so what should the public be doing and professionals as well , they should be in there mid-day tomorrow started to phase in the new buying they should be buying all the time but especially hen you have dumps like this , obviously for the government to do this with the brokerage houses and the hedge funds and the banks and the working groups in the financial markets for them to do that some very very bad news is coming I can promise you , JPM would not come out and say Gold is going to $2500 this year , if they did not think it is going higher because they wanted to stop in there that's why they are doing what they are doing it is called psychological warfare , and so where is gold going ? I'd say by the end of February which is kind the end of the big move historically yearly in gold and silver we are looking at $3000 - $3200 and a $100 silver and it is going to happen they cannot stop it



Bob Chapman on The Kerry Lutz August 24, 2011

Bob Chapman : The US government in coordination with central banks in Europe and hedge funds get together and attack the gold market that's why we are seeing gold price plummeting but this game cannot last cause even if the gold loses a $100 , then next week it will be up another $100 so they really are not accomplishing anything , they are not going to keep this down no matter what they do


Wednesday, August 24, 2011

Silver is becoming a scarce commodity

Silver is becoming a scarce commodity today there is less silver available for investors than gold , silver is money and has been so for 5000 years but silver is also an industrial metal it has thousands of uses , 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 $1,700 silvers spot price right now should be $300.00 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

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

Peter Schiff : Gold is an excellent store of value

Peter Schiff : I have been buying gold for over ten years it has been good for me , people who bought stocks ten years ago have lost money and I think people who are buying bonds are going to lose even more , the rising gold prices are telling us that money is so cheap , interest rates are too low , Ben Bernanke is going to keep printing money that's all he knows to do , people were telling me that gold is in a bubble since it was at $500 , look you do not compare gold to stocks gold is money compare it to the dollar , compare it to the Euro compare it to the Yen , and so if you are going to compare it to other currencies what is more likely to maintain its purchasing power over time ? something that is scarce like gold that has intrinsic value that can't be printed or something with no intrinsic value that has been run off the printing presses like it was going out of style ...people are accumulating gold they use it the things that they need but if you understand money and gold , you save your gold and you spend your paper that's what I am doing that's what my clients are doing we are holding gold and we are spending paper , gold has always been money our founding fathers made it money ....Gold is an excellent store of value , oil is cheaper today than it was 30 or 40 years ago if you are paying for it in gold , it is more expensive if you are paying for it in dollars but not if you got real money

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)

China encourages Silver Bullion for investment

China has introduced its first-ever investment opportunity for silver bullion. The bars are available in 500 grams, 1 kilogram, 2 kilograms and 5 kilograms with a purity of 99.9 percent.I know silver is not a perfect investment, but China and India buying silver makes it a totally different market than 20 or 30 years ago. Plus with all the world devaluing their paper currencies to cheapen their exports, silver is bound to go up. This is not 1988 anymore. You must deal with the current reality. The Chicago Mercantile exchange and JP Morgan can't suppress the price of physical silver forever and new stockpiles will dry up as new demand increases. China is basically saying.... "Get out of the US dollar".

Silver markets Going to EXPLODE! Max Keiser

Film-maker,financial analyst broadcaster and former broker and options trader Max Keiser - has launched a viral campaign to bring down JP Morgan - dubbed by Keiser as main global financial terrorists.sometimes the truth is just too hard to handle...The People's Currency Is about to smash Wall Street's Precious Fiat Paper.Can we say $500 silver by December 2011? people will just find it easier to shove up big macs and pretend that everything is alright... What is the world moving toward quickly? What is coming in 2011? What do many financial experts agree on? What is happening to the U.S.?

FACT: Less than 1% of the population own physical
FACT: Silver is returning to it's historical role as a monetary metal
FACT: ETF's are in the range of 100 to one of physical
FACT: When silver makes it's move a lot of nay sayers will be kicking themselves in the ASS!!!!!!!!!!!!!




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

Gold having a technical correction


Gold having a technical correction after CME Group Raises Margin Requirements 27% for Trading Gold Futures , Gold is down $150 in less than 12 hours , this is a healthy correction for Gold look how far gold have gone it has spiked more than $400 in less than two months time from $1500 to above $1900 without taking a break basically , some retailers have decided to take profit at this time , It is normal that when it got toppy, we will see a correction. this is a healthy correction. nearly every trader and analyst says the same thing. it is necessary when you see the price rally like it did. $400 spike in two months time and gold hasn't looked back since $1500 an ounce. we saw that relationship between equities and stocks flip again. as we saw equities rally, gold came off. we have seen the CME group raise margins and Shanghai exchange did the same , and now we have thesemargin calls hitting new traders as well as those in the market exacerbating the selling. how low do we go? a key technical level. 1758 broke the low at the close and now looking at the next key level at 1650. does that mean the rally is over? most traders say, no, the same issues that caused gold to rally, mainly low interest rates, one of the keys, will continue to see that rally in gold and investors will still be interested because so many average investors are under-weighted if they have gold at all. thank you very much. talk to you later.

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 - The Financial Survival - 24 Aug 2011

Bob Chapman : If Gold and Silver ever needed a correction it got one it was not natural it was caused by the United Stats Government in league with major broker houses and banks as well as other central banks and hedge funds , they wanted the price down , they took it down and we also have tomorrow the termination of the monthly gold and silver option contracts and once it's over there is no reason for the banks to see the gold and silver down any further at that time , by six month they were guessing wrong this time they made it happen and that was not natural it just shows you how easy it is to manipulate the markets ...over the next 3 to 4 days you will see the bottom it will turn around and it will back up again there is nothing to stop it they do not have any gold or silver to sell they sell paper .


Bob Chapman explains the Gold Correction

Bob Chapman - National Intel Report - August 24, 2011

Bob Chapman : on Thursday the Gold Silver options expire and the banks that write these options especially on the long side and most of them are on the long side like 7 or 8 to one they were all on the money because the price of Gold had gone considerably higher , so those banks try knock the price down and I think the government also was involved in this big time , I think on Thursday I will be a large buyer of Gold and Silver coins bars shares and the reason why is this bull market is enormously powerful and it is being led by players that have a lot of money , they do not care about margins , if they raise margins from 7500 dollars where they are now to let's 21600 dollars like they did with silver it would not make any difference


Marc Faber : Gold is the most honest form of cash

Marc Faber :  "I'm not certain that people should buy gold today because we have a huge run in precious metals recently and they need to consolidate or shake out the weak holder. I would expect the correction in gold to occur. I think that everybody should have some gold if they want to own some cash because gold is the most honest form of cash people can own" "well, it's (ETFs) a claim on physical gold. i prefer if investors hold physical gold in a safe deposit box ideally outside of the u.s. in various locations, Switzerland, Singapore, Hong Kong, Australia, Canada. " "I think it's important in today's very uncertain world to diversify not only the various asset classes, in other words equities, bonds, gold, real estate and also the custody of your assets should be in different jurisdiction , I don't trust anyone" - in CNBC 23 Aug 2011

Shanghai Gold Exchange Raises Gold Margins causing gold prices to drop $150

The Shanghai Gold Exchange said on Tuesday that it will raise trading margins on three gold spot-deferred contracts to 12 percent starting on Friday to limit trading risks following the rapid rally in gold prices.The CME has raised margin requirements for gold twice this year, once in January and once in early August, by 11% and 22% respectively. The moves did little to stem gold's rally. A week after the margin hikes in January gold was down just 2% and a week after the August hike gold was up 1.5%.Gold pulled back to as low as $1745 this morning before re-bouncing 35 dollars Many experts think, that any dips will be met with strong buying and help curb a deeper correction.Don not panic just do what Bob Chapman always recommends use the dips as God's given opportunities to buy as much physical gold as you can , this rally is not even started , the gold prices are very likely to touch the $3000 mark before 2012

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 : Ron Paul is our only hope politically

Bob Chapman - RADIO LIBERTY 3rd Hour - August 22, 2011

Bob Chapman : Wall street and the National Chamber of commerce were very large contributors to both presidential candidates campaigns but particularly to Mr Obama , this explains the problem why things do not change why we do not get any change even though a lot of constituents complain to them and that's because approximately 90 to 85 percent of these people are paid of by the people behind the scenes , and that situation I do not know we are going to get around it other than voting them out of office , may be we can get Ron Paul elected who just raised a million dollar in his birthday but it takes hundreds of millions to run a campaign properly , we got to back him because he is our only hope politically ...

Tuesday, August 23, 2011

1989 Canadian Silver Maple Leaf (Commemorative Proof)

Here I (attempt to) showcase these beautiful collector coins, although they have such a brilliant mirror finish that it's very tricky to properly capture them :o) What's interesting is that each box is made of actual maple, and each one is distinctive since the wood grain and patterns are rather unique. Mintage: 30,000 (very few for sale anymore)

Bob Chapman - The NATO is after LIBYAs Gold

Bob Chapman - WideAwakeNews RADIO - August 22, 2011

Bob Chapman  : I would not call what we see now at this stage a credit crisis it is a debt crisis worldwide , Europe is over , Germany is headed towards a recession , the power that be are trying to bankrupt Europe and Germany because they want the public of these countries on their knees so that they can accept the World Government


Silver Bullion : How to Avoid Buying Fake Silver

Here are some of the things you need to know in order not to get fooled when buying silver bullion, #1: It needs to say the weight, #2. ...it needs to have the purity, 3, buy from a reputable mint.Try testing the weight of the rounds first on a good troy ounce or gram scale that measure out multiple decimals(A jeweler or coin shop probably has one if you don't). If the weight is a lot more or a lot less that the weight stamped on the piece, do further tests. Also before you do a test that would mark up the coin, look at wording. If it doesn't have ".999 silver" or the weight in troy ounces or grams, try more tests. Better to know now then find out at a desperate time :)
;

Tips to avoid buying fake silver. Look at these silver duds and see who makes them so you are not fooled. If you have purchased silver and discovered that it is a fake, please make a video response to show the world. Let's expose the silver thieves together!

Bob Chapman - They are knocking Gold & Silver prices down before the option expiration date

Bob Chapman - USAprepares - August 23, 2011

Bob Chapman :  each month the COMEX where futures are traded not only in gold and silver but many many other things they sell puts and calls on everything that includes gold and silver and so each month when we get close to option expiration date which happens to be two days from now Thursday the people who write the options go into the market and the majority are already on the long side , the people who have sold them which are the banks they attempt to knock the price of gold and silver prices down again so that the options will expire worthless well that's what they have done today they have knocked down gold about 71 dollars in the December contract month which is the most active


What is Money - Mike Maloney

"BANKING was conceived in iniquity and was born in SIN. The BANKERS OWN the EARTH. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it all back again. However, take it away from them, and all the great fortunes like mine disappear, and they ought to disappear, for this would be a happier and better world to live in.But, if you wish to remain the SLAVES of BANKERS and pay the cost of your own slavery, let them continue to create deposits " -- Sir Josiah Stamp That's why I've never seen a bankster break a sweat lending money. Fractional Reserve Banking = free slave labor They are not interested in the loan being paid back as much as they are you having a perpetual debt to pay off. Your sweat goes into their coffers because you "borrowed" money that didn't exist until you signed the dotted line. A Faustian bargain.

The US dollar is backed by the full faith and credit of the UNITED STATES corporation. Each American is a creditor and can use their credit (which backs the FRNs in the first lace) to pay taxes. Your signature is from where the banks create money. But they're never going to admit that to you. You can create your own "money" via your signature. Banks and governments have been pirating your signature for decades. The solution resolves this and all other problems.

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.

James Turk & James McShirley on The 1% and 2% rules for the gold price

James Turk, Director of GoldMoney Foundation interviews James McShirley, President of the Allied Building Center about the 1% and 2% rules for the gold price and his outlook for Gold market and the gold price manipulation from a statistical point of view ,both agree that GATA' is right about the Gold Market manipulation


Gold having a healthy Retreat before continuing its bull run

Gold is retreating today After five straight days of gains and records , we are seeing some profit taking , the trend remains up the prices will continue to go higher and higher , use those GOD's given dips to consolidate your positions , this bull run is just starting this is your opportunity to jump in if you have not already , we may never see gold as low as $1800 ever again as most experts expect Gold to go through $2000 in the coming weeks and continue from there towards $8000

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)

Silver the new safe heaven could hit $50 by the end of this year

If Gold stays above $1900 for a couple of weeks Silver could become the new safe heaven for investors who are now flocking into gold says this trader we can see a $50 before the end of this year , but let's first wait and see what chief Ben Bernanke is going to announce this coming Friday , it is possible that he may announce a QE3 which will be ultra bullish for both Gold and Silver , so go long and stay long no matter what , you are doing the right thing by holding your physical and using every dips to consolidate your positions .....

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

Quality Silver Bullion Minting Process - Making Buffalo Indian head Rounds

Silver looks appetizing, when I see fresh minted rounds, I wanna take a bite out of them.For over 10 years we have been perfecting our minting process, to provide the highest quality minted pieces. We made this quick video so that you can be more familiar with what we do here at Quality Silver Bullion. Feel free to leave comments and questions.Now remember that this is bullion grade and is usually made and purchased in high quantities. A collectors piece usually has a limited quantity and costs a lot more per piece. As an investor, it usually isn't the best idea to purchase collector's pieces because of the high prices. If you want to learn more about QSB, visit our website: http://www.qualitysilverbullion.com

Gold will continue to climb

How long can gold keep making new highs? Insight with Paul Sacks, Aurum Options Strategies principal gold trader.Paul is not worried about the parabolic run of the Gold although he says there may be some sell offs from now on " as you've stated, gold is up about 17%. up over 50% year over year. the easiest thing to say is that a sell off is coming. i just don't see it. i think we're going a lot higher into the fourth quarter and into next year. I think gold will spend next year over $2,000 an ounce" he said



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 : England sold Chavezs Gold long time ago

Bob Chapman - RADIO LIBERTY - August 22, 2011

Bob Chapman : I think Mr Chavez is taken one more bite at the US tail , he is asking for 99 tons of Gold which is similar to what Mexico bought in February and March this year it is worth about probably 6 billion , now let me tell you what's going to happen here , first of all England does not have the gold they sold it long time ago and Chavez knows that so England will have to do one of two things they got to borrow the gold from another central bank that in fact has gold or they default so when they will do that I would think that Gold will jump a thousand may be fifteen hundred dollars in about two week period

Monday, August 22, 2011

Bob Chapman : this is just the beginning of phase 2 in Gold there will be phases 3 , 4 , 5

Bob Chapman : Gold is the new world reserve asset , and the cherry on the cake is the inflation and later on the hyperinflation , you got at least $8000 on gold and $400 on silver do not even think just go and buy gold and silver coins shares and bullion , I go fifty fifty  In Europe they finally realize that no matter what they do they cannot solve the problem and if they try they might bankrupt themselves . this is just the beginning of phase 2 in Gold there will be 3 , 4 , 5 phases , you got to get your money in gold and silver coins bullion and shares

Making Money from Silverware & Scrap Silver

This is a load of scrap silver that came in our store. Silverware sets, broken jewelry, cups, candle holders, all getting melted down and cashed in.

Scrap Silver

This is a clip of about 2 weeks of buying scrap silver. I advertised in the newspapers and internet that i was having a silver recall and needed silver. I was able to get Flatware Sets, Scrap SIlver Jewelry, Coins, and Bars, 300 ounces is worth almost $10,000!!!  you can get most of them under spot?

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Gold Breaks yet another record today above $1900/oz

Gold is now a whisker away from reaching the psychological threshold of $ 2,000 an ounce. The yellow metal for immediate delivery has, in fact, updated once again its all-time high in the Asian markets reaching the value of $ 1,894.80.Gold could just shoot up to 2000, yet I believe gold will have a pull back before going after 2000. The dollar used to be the safe haven currency. But the dollar has been replaced with gold .I think most people buying gold (physical) after 2008 bought it not as a commodity, but as a store of value. So why should these people suddenly consider to sell it? Maybe paper will be sold off to get physical instead, than the "official" price will drop (maybe even to $100) but you will not be capable to get any gold at all. Even at $5000 I would not sell mine. What should I do with the money, just put it into an account? Buy stocks? I am already loaded with stocks, more than i like...

Ben Davies: Gold price soon to exceed $2,000 per ounce

Ben Davies (hindecapital.com) and James Turk, Director of the GoldMoney Foundation, talk about the Gold outlook in the light of the Fiat currency debasement by central banks worldwide . They see gold breaking the $2,000 barrier this year and moving exponentially. Ben Davies explains that he uses a power-function model to analyze the price of gold, based on Benford's law.


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)

Jeffrey Nichols, very bullish long term Gold $4000/oz in few years

 Gold hits today another all time record high above $1900$ and Continues to Rise! Jeffrey Nichols, senior economic adviser to Rosland Capital LLC, gives his outlook for Gold , we had big purchases this year by central banks those are likely to continue and what is really important about central banks is that gold is now off the market , when speculators or even investors buy gold often they will sell it a few months or a year later these central banks are there for decades most likely , we have strong demand from India and from China , retail investors from Europe and the United States all are buying gold

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 gone off Charts above $1900 - Go physical

Savneet Singh, chief executive officer of Gold Bullion International, talks about investing in physical gold , there is a huge differentiation between owning the physical gold and owning a share in trust that belongs to somebody else , with physical Gold there is no counter party risk




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 : Gold is not going to stop at $2000/oz

Bob Chapman - The Financial Survival 22 Aug 2011

Bob Chapman : I see that they have invaded Mr Ghaddafi and they probably might capture him and the first thing , they are going after his Gold , I do not think it is going to be sold in the market they know it is going to go much higher they know they can't impede it except for using derivatives and they do not want to lose that gold but they are going to steal , the operative word is STEAL , they are nothing but criminals they are worse than Gingis Khan ,,,Gold is not going to stop at 2000 , I think it is going to blow right throw it , I am going to be a buyer as I told you I do not care what the price is just BUY......

Bob Chapman : $8000 GOLD : $3000-$3200 by next February

Bob Chapman : well you heard the song up up and away . that's just the way it is going to be , one of the psychological aspects of this and these people are very good at this , JP Morgan Chase came up a couple of days ago and said Gold is going to $2500 by the end of the year , here there are with the largest short position , naked short position in silver and silver usually runs with Gold , what are they up to ? , what they are up to is this : they are trying to set up a barrier at $2500 because they think on the short term before the end of the year it could go higher than that , they are trying to set a psychological new ceiling , it is just common sense and understanding the criminal mind , if you want to find out what they are doing you have to think like a criminal ...that's what they are trying to do here , they are not frightened about gold they know it is going to $8000 , they are just as smart as we are , but they want it to go as slowly and incrementally as possible

Jim Cramer : Gold Is Not a Bubble

Jim Cramer : If you have more than twenty percent of your assets in Gold that's the only time you should sell ( I have more than 80 percent of my assets in Gold and I am not selling a bit , so I beg to disagree with Jim Cramer here ) and people who do not have twenty percent or minimum ten percent should using any weakness to buy , any weakness , I am looking for an alternative to the debasing of world currencies and silver is not that says Jim Cramer regarding the Silver , Gold is not a bubble , what gold is , is an alternative that's what it is getting it is getting alternative status it is changing its asset class and that's why it is not a bubble it is a reconfiguration

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)

Johnson Matthey bars

Johnson Matthey bars are minted in the United States. Johnson Matthey gold bars offer an ideal investment advantage due to the low premium over spot gold. One-kilo gold bars are typically favored by investors that are looking to buy large amounts of gold. They are recognized worldwide and therefore are very liquid. Each bar weighs in at one-kilogram which amounts to 32.1507 troy ounces of .9999 pure gold. These bars are produced by the renowned refiner Johnson Matthey in the United States. Johnson Matthey bars are known in the industry as a reliably pure bullion gold product. Gold investors gravitate toward the portability and easy to handle size of the Johnson Matthey .9999-fine 1-kilo gold bars. Each has an industrial finish embossed with the Johnson Matthey hallmark, purity, and content with an engraved serial number.

How to Trade $1,900 Gold

Phil Streible, senior market strategist at MFGlobal, reveals how he is trading gold as it approaches $1,900 an ounce. problems around the world and also in Libya are supporting the Gold rally just recently Hugo Chavez has recalled over $11 billion worth of gold reserves to come back to Venezuela calling gold from the U.S., Europe, Canada and the Swiss Bank. France and Germany met this week in Paris to discuss the EU bail out plan and help get the euro zone back on track. and the FED may announce QE3 .it doesn't matter if gold/silver corrects 20%. by 2012 2013 they will double in value. the global economy is unrepairable and needs to collapse


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)

Sunday, August 21, 2011

Silver catching up to Gold

Silver has been publicly confirmed as manipulated, meaning the general consensus out there is that silver is undervalued. You can clearly see by the price that the 1kg bricks we buy for 400USD is very undervalued. All this confirms that silvers meteoric rise should have no reason to be slowing for a considerable period of time. 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 Eagle sale make new records almost every month China encourages it's citizens to buy silver, and with all the silver we use for industrial applications it's expected to be extinct by 2020. I know their game seems like it will never end at times, but the numbers don't support it. The public still has faith in paper. wait till the third phase of this bull market.




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 History of Gold Silver Ratio by Jeff Neilson

Jeff Neilson does a really good job explaining the current issues in this market and how to make use of the gold/silver ratio as a means to optimize your precious metals portfolio.





A brief history of the gold:silver ratio:
Notice the dates: fixed for many years, then it floated over 40:1 when silver demonetized
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




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 and Silver for wealth preservation

Preservation of Wealth is all about the accumulation of assets against the dangers of fiat currency, inflation , Gold is for Real Wealth Preservation , how difficult economic calculation is when the unit of account is unstable and the price of money, interest rates, are distorted and centrally planned, not reflecting real free market supply and demand.

If we consider that a gold coin is worth around $2,000 or so today. Then we can get an idea of how it could work again to carry gold/silver. Lets say gold is valued at $10,000 someday. That would mean that small fractional coins would be very easy to carry and worth a great deal of purchasing power. Instead of carrying around $100 or $1,000 notes we could carry a couple small coins. Each merchant has a scale or scanner to verify the gold. 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)

Buy Silver and Gold Wholesale

Buy Silver and Gold Wholesale : http://www.WealthPreservationClub.com We have been collectively hoodwinked into believing that our paper currencies are 'as good as gold'. Nothing could be further from the truth. Originally, our paper currency was a receipt for gold or silver held on deposit. But since 1971, all world currencies have been fiat -backed by nothing of physical value. Take a $10 bill from your wallet. Do you really think that the paper is worth $10? Welcome to the Matrix...

Jim Rogers : Do not sell your Gold

Jim Rogers : I own gold , if it goes down I am going to buy more I do not see any reason to sell gold until it winds up in a big bubble that's may be ten years from now , I do not know when it is going to be all commodities are going to go up a great deal more including gold , do not sell your gold if it goes down buy some more , absolutely it is going to go over 2000 dollars may be not this year I hope not this year but certainly over this decade no question....- in ABC Australia interview



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)

Marc Faber : Physical gold in a safe deposit box is the safest

Marc Faber : “The function of paper money is to facilitate the exchange of goods and services, to be a store of value and a unit of account — the U.S. dollar fails on all three,” “Intelligent people, instead of holding cash in U.S. dollars with zero interest rates, why not hold money in gold and silver?” And as a currency, gold should be held in its physical form and not in shares of gold miners or even exchange-traded funds. That would rule out popular vehicles such as SPDR Gold Trust or iShares Gold Trust Be sure to store your gold in banks in Switzerland, London, Singapore, Hong Kong, Australia — just not in the U.S., Faber said. “Physical gold in a safe deposit box is the safest,” . “Forget about huge capital gains. I would look at capital preservation. I want to preserve my capital. Faber added - in MarketWatch

Gold will go to at least 8000 dollars

Bob Chapman - ERSKINE OVER NIGHT - August 20, 2011

Bob Chapman : we are no where near the top , gold will go to at least $8000 dollars and if takes three , four years it will be $15000 to $20000 , silver the numbers are going to be difficult to project but it will do very well , why would anybody go to any place else to invest ? they have to be out of their minds , you got to get out of those CDs in the banks , just gold and silver coins bullion and shares

Marc Faber recommends gradual accumulation of Gold

Marc Faber : Gold is likely to correct, possibly by $100 or $150, but I continue to recommend gradual accumulation. As long as the trio of Obama, [U.S. Treasury Secretary Timothy Geithner] and Bernanke are in power, gold is destined to move higher. Long-term U.S. Treasuries are of no value. They will default by paying interest in a worthless currency. - in Baron's Blog




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)

David Morgan : Silver Explodes Under Hyperinflations

David Morgan : You can rest assured that silver will catch up to Gold at some point in the future , there is not anything on the planet that compares to silver as an investment to protect yourself during a hyperinflationary scenario , if we have Inflation silver is the way to go , we could see the gold to silver ratio widen more up to 50 before we will see silver catching up to gold,

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

Saturday, August 20, 2011

Bob Chapman Gold $8000 , up up and away

Bob Chapman : well you heard the song up up and away . that's just the way it is going to be , one of the psychological aspects of this and these people are very good at this , JP Morgan Chase came up a couple of days ago and said Gold is going to $2500 by the end of the year , here there are with the largest short position , naked short position in silver and silver usually runs with Gold , what are they up to ? , what they are up to is this : they are trying to set up a barrier at $2500 because they think on the short term before the end of the year it could go higher than that , they are trying to set a psychological new ceiling , it is just common sense and understanding the criminal mind , if you want to find out what they are doing you have to think like a criminal ...that's what they are trying to do here , they are not frightened about gold they know it is going to $8000 , they are just as smart as we are , but they want it to go as slowly and incrementally as possible


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)

Hugo Chavez makes gold go parabolic

Chavez Gold Action Leads to Backwardation, Short Squeeze and Havoc Concerns . Venezuela's President wants all the country's gold being held in European and American banks returned to Caracas. It would be the largest physical movement of gold in recent history. Hugo Chavez said he's trying to protect his country from the financial woes on both sides of the Atlantic. Chavez is brilliant, one of the only true leaders of the age. He puts these massive immoral countries to shame. He empowers his people and takes control of his resources while these other monsters that bad mouth him oppress their people and sell their resources for pennies to their friends..Chavez should make sure that every single gold bar be tested when it returns to Venezuela.Make sure these scam artists dont gold plate a load of tungsten bars to give back to him.Pretty bad when a small country puts its larger competitors to shame by following the rules of just governance.

President Hugo Chavez said his government plans to "bring home" 211 tons of gold currently stored in international banks. Up to USD 6.3 billion in liquid reserves will also be transferred to banks in Brazil, China, and Russia. The transfers are expected to take more than two months. Chavez has also announced that he may invoke the Enabling Act which will grant him powers to pass a law next week to nationalize the country's gold industry. Some critics say this move may lead to possible international sanctions after next year's elections. According to Venezuela's Ministry of Finance and Central Bank, two-thirds of its total reserves (USD 18 billion) are in gold.


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)

Marc Faber : I do not see a huge downside risk in Gold

Marc Faber : I think that Gold have had a bit of a run-up here that is above the trend line and that a correction can occur but I do not see a huge downside risk in Gold because if you think it through and people are concerned about cash they are concerned about sovereign debt they are concerned about everything and the stock market has given a very powerful sell signal , I think as soon as gold price drops say a 100 - 150 dollars there will be a lot of physical buying ...




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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