Silver Price to skyrocket Because of Its Shortage and multiple Industrial Uses

Silver not only is as gold an old precious metal it is also a remarkable industrial metal , it is the best electrical conductor better than copper , and also the best thermo conductor in the world , and there is just not enough silver on the ground , every year we are mining one tenth of the reserves , so it is normal that we will run out of silver very soon , and we need a lot of it in several industrial processes.
Money manager predicts the price of silver to skyrocket on industrial growth.

Scrap Gold Ohio Gold and Silver Refinery on CBS

Ohio Gold and Silver Refinery Thurs. Morning Interview for 02/11/10

Jonathan Barratt : Gold May Rise on Civil Unrest in Greece

Barratt Says Gold May Rise on `Civil Unrest' in Greece

Feb. 10 (Bloomberg) -- Jonathan Barratt, managing director at Commodity Broking Services Pty, talks with Bloomberg's Judith Bogner about the outlook for gold prices. Barratt, speaking in Sydney, also discusses BHP Billiton Ltd.'s first-half profit.

Why Platinum is a Better Investment Than Gold

Brenton Saunders, director at Taurus Funds Management Bullish on Platinum

Place your bets on platinum, says Brenton Saunders, director at Taurus Funds Management. He tells CNBC\'s Oriel Morrison why he is upbeat on the commodity.

Bristow of Randgold Sees Gold in $1,000-$1,200 Range

Randgold's Bristow Sees Gold in $1,000-$1,200 Range

Mark Bristow, chief executive officer of Randgold Resources Ltd, talks about fourth-quarter profit and the outlook for gold prices. Bristow speaks with Bloomberg's Maryam Nemazee and Rishaad Salamat in London

Gold Rally on Bargain hunting and Weak Dollar

Gold's Relief Rally

NEW YORK (TheStreet) -- George Gero, vice president of global futures at RBC Capital Markets, says today's relief rally could be short lived as gold prices test the $1,025 area.

Gold Rebounds today and Randgold Posts Triple the Profit

Randgold Resources (GOLD) posted a fourth quarter profit three times what it was in the same quarter last year, on generally higher gold prices and stronger production. Profit totaled $32.1 million, as compared to $9.12 million in the same quarter last year.

Mike Maloney Silver Can Hit $1,500

Silver Can Hit $1,500

“The world is going to rush into gold, but just like at the end of ’79, once it gets too expensive for the common man, which I believe is somewhere between $2,500 and $5,000 an ounce this time, the public changes their preference and they start noticing that silver is still cheap, and they start buying silver. That’s when silver blows the doors off of gold on a percentage basis just like in ’79.” Silver mining costs are below those of Gold , Silver is incredibly under valued says Mike Maloney, author of Rich Dad's Guide to Investing in Gold and Silver, predicted $15,000 gold but think silver offers more upside over the long term. Original air date: 2/3/10

Soros is behind the attacks on Gold Price says Bob Chapman

George Soros Warns Gold is now the ultimate bubble

Mr George Soros, arguably the most famous hedge fund manager in history, warned that with interest rates low around the world, policymakers were risking generating new bubbles which could cause crashes in the future. In comments delivered on the fringe of the World Economic Forum, Mr Soros said: "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold."

David Morgan Buy Gold on This Pullback

Buy Gold on This Pullback

NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com, says to be a scale in buyer as gold prices head to the $1,000 an ounce support area.

McCullough Gold will go again below $1000/oz

McCullough Favors Dollar Bearish on Gold, China

Feb. 4 (Bloomberg) -- Keith McCullough chief executive officer of Hedgeye Risk Management and a Bloomberg Television contributing editor, talks with Erik Schatzker about his investment strategy for gold and the dollar. McCullough also discusses the Obama administration's proposal to prohibit commercial banks from owning hedge funds and limit how much they could trade for their own accounts. (Source: Bloomberg)

Silver Is Poised To Rise In The Long Run, But The Short-term Situation Is Complicated

By: Przemyslaw Radomski
Perhaps you may have heard mentions recently of the Austrian School of Economics versus the Keynesian branch. Maybe you saw televised interviews with Congressman Ron Paul (R-Texas.) He is the Congressman who has been trying for decades to pass a bill that would give Congress the power to audit the Federal Reserve Bank. What was once a ridiculed, marginal proposal recently passed the House and will soon be considered by the Senate.

Congressman Paul blames the country's economic woes on a long-dead economist by the name of John Maynard Keynes, whose present-day adherents, he says, are the ones bringing the country's economy to the cliff's edge.

Keynesian economics gained dominance after World War II and it was President Richard Nixon who proclaimed in 1971: "We are all Keynesians now." It was about the same time that Nixon "temporarily" severed the link between the dollar and gold, thus laying the framework for the currency's debasement. Congressman Paul is an adherent of the Austrian school of Economics.
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George Gero Gold Monday rally could be short lived

A Weary Gold Market

NEW YORK (TheStreet) -- George Gero, vice president of global futures at RBC Capital Markets, argues that gold's Monday rally could be short lived and that the market is acting tired.

The Coming Gold Shortage

Brace Yourself for the Coming Gold Shortage

Zero Hedge
January 29, 2010

Brace yourself for the impending gold shortage. Gold shortage? Yup. With the launch of a flurry of ETF’s devoted to the barbaric relic recently, total ETF holdings have soared well past 60 million ounces worth $65 billion, more than total world production in 2009. The grand Daddy of them all, the SPDR Gold Shares (GLD), now has a staggering $42.7 billion of the yellow metal, making it the second largest ETF by market capitalization, and the fifth largest gold owner in the world.

When gold suffered a hair raising $150, 12% pull back from the all time high in December, I was deluged by traders asking if this was the peak, if it was the final blow off top, and if gold is finished as an asset class. My answers were no, never, and not on your life.

A tidal wave of fiat paper currencies is now flooding the world financial system at an increasingly alarming rate. Obama has not suddenly become a paragon of fiscal restraint. Bernanke has not morphed into a tightwad. When I pull a dollar bill out of my wallet, it’s as limp as ever.

In 2008, South Africa suffered its steepest decline in gold production since 1901, falling 14%, to a mere 232 tons. It now ranks only third in global production of the yellow metal, after China and the US. Severe electricity rationing, a shortage of skilled workers, and more stringent mine safety regulations have been blamed. Choked off credit has frozen the development of new capital intensive deep mines, as it has for everybody else. Rising production costs have driven the global breakeven cost of new gold production up to $500 an ounce.

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Jon Nadler Gold Rally is Short Lived

Gold's Rally is Short Lived

NEW YORK (TheStreet) - Jon Nadler, senior analyst at Kitco.com, argues that despite low interest rates and President Obama's State of the Union, gold prices will stay volatile as the carry trade and investor risk appetite battle over the precious metal.

Brian Hicks Time to Buy Gold

NEW YORK (TheStreet) -- Brian Hicks, co-manager of the U.S. Global Investors Global Resources Fund, says that gold will continue trading in a tight range and that long term investors should take this opportunity to buy.

Platinum Overtaking Gold as Metal of Choice With Rebounding Sales of Cars

Jan. 25 (Bloomberg) -- Even after a record 57 percent rally last year, platinum is cheap relative to gold, signaling more gains as demand grows from carmakers and exchange-traded funds.

An ounce of platinum buys 1.41 ounces of gold, down 42 percent from the record 2.43 ounces in 2001 and 23 percent less than the 10-year average, data compiled by Bloomberg show. Automakers, the biggest buyers, will expand output 20 percent this year, said Evan Smith, who helps manage $2 billion at U.S. Global Investors. Hedge funds raised their bets 163 percent in 2009, about twice gold’s increase. ETF Securities Ltd. funds lifted holdings to a record 598,104 ounces.
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Jon Nadler Gold Slumping after Obama proposed Banks Regulation

A Shift in Gold Sentiment

NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, says investor enthusiasm for gold is slipping and although President Obama's regulations are far from law, they are still impacting markets.

Gold slumping

Platinum Better than Gold , Platinum Prices Could Rise 30%

Investors should ditch gold for platinum as the industrial metal has the potential to rise 30% from current levels, Chris Zwermann from Zwermann Financial told CNBC Wednesday. Zwermann also takes a technical look at the SMI, DAX and euro versus Australian dollar

Gold and oil flat while dollar strengthens slightly

Japanese and European stocks drift lower on concerns for earnings growth. Gold and oil are flat while dollar strengthens slightly.

Charts Gold Still Bullish Phil Roberts from Barclays Capital

The outlook for gold remains bullish and the price could rise as high as $1,500 per ounce, Phil Roberts from Barclays Capital told CNBC Thursday. Roberts also takes a technical look at the DAX and sterling

Fort Knox and Bank of England Fake Gold Bars

Fake gold bars in Bank of England and Fort Knox

Pakistan Daily
January 15, 2010

It’s one thing to counterfeit a twenty or hundred dollar bill. The amount of financial damage is usually limited to a specific region and only affects dozens of people and thousands of dollars. Secret Service agents quickly notify the banks on how to recognize these phony bills and retail outlets usually have procedures in place (such as special pens to test the paper) to stop their proliferation.

But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.

A recent discovery — in October of 2009 — has been suppressed by the main stream media but has been circulating among the “big money” brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox — the US Treasury gold — that is the equity of our national wealth. In short, millions (with an “m”) of gold bars are fake!

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