All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Monday, February 22, 2010

Gold Survived 3 shocks : China Greece and Obama says investor Takai of Sumitomo Corp.

Sumitomo's Takai Discusses Gold Price, U.S. Dollar

Feb. 22 (Bloomberg) -- Bob Takai, the general manager of financial services at Sumitomo Corp., talks with Bloomberg's Susan Li about the outlook for gold market and the U.S. dollar. (This is an excerpt of the full interview. Source: Bloomberg)


Sunday, February 21, 2010

Gold is The Real Reserve Currency : Michael Levy

Michael Levy details the Virtues of REAL reserve currencies during times of economic turmoil. Levy describes the worlds economic outlook for 2010 and beyond.He shows the overall trend of the US Dollar losing Value and Why Gold Silver and other Commodities are Ready For Blastoff!

Friday, February 12, 2010

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.

Thursday, February 11, 2010

Scrap Gold Ohio Gold and Silver Refinery on CBS

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


Wednesday, February 10, 2010

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.



Tuesday, February 9, 2010

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.












Monday, February 8, 2010

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

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

“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

Sunday, February 7, 2010

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."

Friday, February 5, 2010

David Morgan 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.


Thursday, February 4, 2010

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)


Tuesday, February 2, 2010

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

Silver bullion Bars
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.
Read article

Monday, February 1, 2010

George Gero Gold Monday rally could be short lived

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.

Gold and Silver blog