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
Anthony Scaramucci, of Skybridge Capital, discusses what's next for gold with the Fast Money traders , There will be no inflation anytime soon without real wage growth , despite the trillions of dollars helicoptered into the economy , without wage growth there is more a risk of deflation than inflation Anthony Scaramucci believes
Bob Chapman returns on the Tungsten Gold plated bars scandal after a German TV have found a Tungsten bar sold as gold and professionally counterfeited , Bob Chapman advises against Gold bars if you are not able to check them out very carefully , he prefers coins to bars
German ProSieben TV Channel Finds 500 Gram Tungsten Bar At W.C.Heraeus Gold Foundry With Bank Origin
From my estimate, 500 grams (or about 17.63 ounces) of gold at spot should be about $20,000 (US) instead of just over $20 (US) that Tungsten would be worth. That’s quite a rip-off. Via Infowars
German TV station ProSieben finds what appears to be some evocative proof of gold counterfeiting, in the form of tungsten gold substitutes coming to the W.C.Heraeus foundry, which is the world’s largest privately-owned precious metals refiner and fabricator, located in Hanau, Germany. The foundry has isolated at least one 500-gram tungsten bar due for melting, originating from a (so far) unnamed bank, which as the head of the foundry stated made the unpleasant discovery that “not all the glitters is gold.”
March 4 (Bloomberg) -- Jeffrey Nichols, senior economic adviser to Rosland Capital, talks with Bloomberg's Pimm Fox about the outlook for gold. Nichols also discusses his investment strategy for gold. (This is an excerpt. Source: Bloomberg)
March 5 (Bloomberg) -- Peter McGuire, managing director at CWA Global Markets Pty in Sydney, talks with Bloomberg's Haslinda Amin about his forecast for the price of gold. McGuire also discusses the outlook for crude oil, copper and silver. (Source: Bloomberg)
NEW YORK (TheStreet) -- Peter Grandich chief commentator on Agoracom.com reveals what he looks for in mining stocks and reveals his top three favorite stocks to buy now.
March 1 (Bloomberg) -- Rene Marion, chief executive officer of Gammon Gold Inc., talks with Bloomberg's Pimm Fox about the outlook for silver prices. Marion also discusses Gammon's Mexico mine and expansion plans. (Source: Bloomberg)
Peter McGuire, managing director at Commodity Warrants Australia is bullish gold and silver over the longer-term and sees further upside to bulk commodities. He also gives his take on wheat and oil to Greg Goodsell of RBS and CNBC's Amanda Drury and Sri Jegarajah.
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)
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!
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.
Marc Faber : US Government Can Confiscate Your Gold
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Marc Faber : “I bought gold at $1,400, I buy...
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TURNING SILVER COIN AND BULLION PURCHASES
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WHEN YOU HAVE TO TURN YOUR PURCHASES EVERY FEW WEEKS FOR CASH FLOW IT CAN
BE PAINFUL WHEN THE...
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Andy Hoffman - Silver Shortage & The Yen Bomb
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Ranting Andy discusses: (1) How the Yen may be in big trouble. It...
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