Saturday, August 21, 2010

How Much Gold is in Fort Knox ?

who knows, no independent auditors appear to have had access to the reported $137 billion stockpile of brick-shaped gold bars in Fort Knox since the era of President Eisenhower.

Friday, August 20, 2010

SILVER BOOM ! Why Silver? Why Now? NIA Precious Metal Special Report

PRICE According to CPM
1900 the world was estimated to have 12 Billion Ounces
1990 fallen to 2.2 Billion ounces
2006 500 ounces
2009 300 ounces of available above ground silver

World Gold Council estimates about 5 B oz of above ground gold
1940 estimated 2 billion oz of above ground gold and silver was around 8-10 billion oz
world gold council has silver at 1 billion oz

U.S. Geological survey data indicates that below ground silver, in terms of supply/demand is LESS that any other industrial or precious metal.

Caesar Bryan Gold Equities are a Great Opportunity

Aug. 19 (Bloomberg) -- Caesar Bryan, manager of the Gamco Gold Fund, talks about gold stocks and the outlook for gold prices. He speaks on Bloomberg Television's "In the Loop With Betty Liu." (Source: Bloomberg)

Thursday, August 19, 2010

SILVER to rise to $436/oz and Beyond.

Esteemed economist John Williams from shadowstats.com and Peter Schiff discuss the merits of owning precious metals. Gold and silver as a hedge - as an insurance policy - against the increasingly certain, impending economic apocalypse. Williams cites $7,500 as being the CPIU inflation adjusted actual value of gold TODAY. $436/oz. is cited as the CPIU inflation adjusted value of Silver. Both agree the sky is the limit on precious metals as the Fed monetizes debt and the system as we know it begins to fall apart at the seams. God help us all. Buy silver and gold TODAY as some measure of protection for you and your family.

As an asset bubble, gold may burst after reaching $2,000

Kunal Bose
Business Standard.com
August 18, 2010


Investment guru Marc Faber is a zealot when it comes to promoting the cause of gold. The publisher of the celebrated newsletter Gloom, Boom and Doom is at the same time rubbishing the dollar and currencies of countries which go on printing notes in attempts to stimulate their economies. The contrarian investor often referred to as Doctor Doom has got another equally controversial investor Jim Rogers to keep company in celebration of gold at the expense of currencies.

So is not Faber happy that his favorite precious metal gold has once again moved beyond the $1,200 an ounce resistance level after moving sideways for a while? What should be a cause of particular delight for Faber and Rogers is that their unbounded enthusiasm to make the public, going beyond the high networth individuals to see the virtues of regularly adding gold to the investment portfolios when the developed economies look wobbly is seeing its denouement.

We in India continue to buy gold mostly in the form of jewelery. Therefore, the Indian consumer demand for gold surging hugely in the first quarter of this year to 193.5 tonnes could not have drawn inspiration from exhortations of Faber and Rogers. The craving for gold jewelery here is so strong that the Indian womenfolk just needed some time to get reconciled to high prices of the precious metal before resuming buying and with some abandon. The World Gold Council says gold jewelery demand in non-Western countries will continue to recover from the first quarter level of 470 tonnes.
Read full article

Wednesday, August 18, 2010

Scotiabank Puts Woman Through Hell To Get Her SILVER

UNBELIEVABLE NEWS: Scotiabank tries everything in its power to prevent an elderly woman suffering from cancer from turning in her paper silver certificates for physical silver. They do not want ANYONE showing up to claim their physical silver. WHY? Becuase it's on the record that banks only have ONE OUNCE of physical silver and gold in their vaults for every 100 ounces of paper claims. Judging by this pathetic story, it may be even worse than 100 to 1. Can you say Ponzi Scheme?

Tuesday, August 17, 2010

Gold Minting Process After Refining

Gold, silver, platinum,electronic scrap recycling and refining.

Scott Carter : Economy sinking, buy gold stay afloat

As the economy continues to sink, gold's price has continued to rise and it has climbed to its highest level today. Scott Carter says that gold is a very long term cycle; the conditions that have contributed to the gold market have been extremely favorable. When the United States' economy catches a cold, the entire world catches pneumonia. He adds that there is a large concern over paper economies, such as the United States, which tends to lead to investors buying gold.

Monday, August 16, 2010

David Morgan : How To Buy Gold s Rally



How To Buy Gold's Rally


NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com, thinks gold will stay in a broad trading range for a while but says investors should start building up their positions.

Stocks in this video: SGOL | GLD | SIVR | IAU | SLV

Sunday, August 15, 2010

How to make best investment in gold ?

Gold is all weather investment. One can own it in the good times, the bad times, inflation, equity market crash and war. Here is more about what makes these markets take and how you can go about investing in them. ^M ^M

Agnico-Eagle Mines Opportunity

Cramer checks on the gold industry's current status, with Sean Boyd, Agnico-Eagle Mines CEO.

NovaGold CEO on Gold Prices, Economy

Rick Van Nieuwenhuyse, CEO of NovaGold, shares his outlook on gold prices and the economy.

Saturday, August 14, 2010

Silver Shortage Coming Soon - Stephen Leeb

Money manager predicts the price of silver to skyrocket on industrial growth.
Stephen Leeb : " Silver is an extremely interesting metal , in addition of being a precious metal it may even have a longer history than gold as a precious metal , and one obviously for its price it is more easy to accumulate for the typical investor ...it is also a remarkable industrial metal , its properties are totally unique : it's the best electrical conductor in the world better than copper , it's the best thermal conductor in the world and because of these unique properties it finds itself in a lot of things you won't suspect ...one thing you look at is how much you are using relatively to how much much silver there is in the ground right now that ratio is ten to one that means that every year we have been mining one tenth of the reserve base of silver that's scary that is frightening , that means that we have too increase this resource dramatically or lese we are just going to run out of silver , and so you asked me for the price of silver ? if I told you a hundred dollars based on all what I am saying right now I do not think in any way you can call me crazy , i mean silver could be an absolute huge huge winner....there is very little of it and we need it for everything...

Friday, August 13, 2010

Falling Silver Prices Hurt Mining Companies

Silver prices were heading lower on Wednesday as the dollar strengthened against other major currencies. In mid-afternoon trading, an ounce of silver was going for $17.94, or about 2% lower than yesterday's closing price.

How to Tell Real Gold from Fake

You can uncover a treasure at yard sales and flea markets if you know how to tell real gold from fake. Follow these tips to learn how to find your pot of gold.

Thursday, August 12, 2010

Robert Cohen Gold at $1300

Goodman's Cohen Says Gold at $1300 Is `Within Reach

Aug. 12 (Bloomberg) -- Robert Cohen, manager of Goodman & Co.'s Dynamic Gold & Precious Metals Fund, talks with Bloomberg's Julie Hyman and Mark Crumpton about the outlook for gold prices and some of the fund's gold-stock holdings. (Source: Bloomberg)

Wednesday, August 11, 2010

Gold Trades Lower As Dollar Strengthens

Following the disappointing economic news today, gold moved lower to trade just below $1,200 per ounce. And while investors were moving into the yellow metal seeking safety, the spot price of gold could not avoid the strengthening US dollar.

Will Rhind : Outlook for Gold Prices

Outlook for Gold Prices
NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says the rest of summer will be slow for gold but the Fed's monetary easing and other macro factors will support higher gold prices over the long term.
Wed 08/11/10 12:19 PM EST -- Alix Steel
Stocks in this video: SGOL | PALL | GLD | SIVR | IAU | SLV | PPLT

Tuesday, August 10, 2010

The Historic Gold Silver Ratio

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.

Nicholas Brooks : Why Investors Buy Gold

Nicholas Brooks, head of research and investment strategy for ETF Securities, reveals why investors are coming back into the gold market.

Saturday, August 7, 2010

Buy Gold On Jobs Number

NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com, says for a new gold investor now is the time to start buying small positions.
Fri 08/06/10 13:08 PM EST -- Alix Steel
Stocks in this video: SGOL | GLD | SIVR | IAU | SLV

Thursday, August 5, 2010

China Goes for Gold

China wants gold and it needs it to really be established as the new econimical leader.

Go for gold.

Philip Manduca : Gold Stands At Risk of Correction

Aug. 5 (Bloomberg) -- Philip Manduca, head of investment at ECU Group Plc, talks about his investment strategy for currencies and gold. He speaks with Maryam Nemazee on Bloomberg Television's "The Pulse."

Wednesday, August 4, 2010

Resilient Gold Prices - George Gero

Resilient Gold Prices

NEW YORK (TheStreet) -- George Gero, vice president of global futures at RBC Capital Markets, says gold is experiencing the summer doldrums, but is still showing strength.
Stocks in this video: SGOL | GLD | SIVR | IAU | SLV

Tuesday, August 3, 2010

Merger of Gold Miners - Kinross Gold

Kinross Gold has agreed to buy Red Back Mining in a $7.1 billion all stock deal, with Tye Burt, Kinross Gold CEO.


Saturday, July 31, 2010

Only Gold And Silver Can Be Money Trailer - Mike Maloney

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

Friday, July 30, 2010

Agnico-Eagle Sean Boyd : Gold Not in Bubble. Could Hit $1,260 in 2010

July 29 (Bloomberg) -- Agnico-Eagle Mines Ltd. Chief Executive Officer Sean Boyd talks with Bloomberg's Lori Rothman about the outlook for gold. He said he "wouldn't write gold off yet" and that it could be trading at about $1,260 by the year's end. (Source: Bloomberg)

Thursday, July 29, 2010

ETFs Leaking Gold - Jon Nadler


NEW YORK (TheStreet) -- ETF's are lightening gold loads causing headaches for gold bulls according to Kitco's Jon Nadler.

Wednesday, July 28, 2010

Weak Reserve Currencies to Push Gold Higher - Lloyd Khaner

July 28 (Bloomberg) -- Lloyd Khaner, general partner at Khaner Capital Management, talks about the outlook for gold prices and investment strategy. Khaner speaks with Jon Erlichman on Bloomberg Television's "InsideTrack."

A Case Against Gold - Wong Sui Jau

Wong Sui Jau, GM of fundsupermart.com, is cautious on gold on the basis that it has already experienced a 9-year run. He shares his investment strategy in this edition of Protect Your Wealth.

Tuesday, July 27, 2010

Gold Is Good, Gold Stocks Even Better - Pratik Sharma


NEW YORK (TheStreet) -- Pratik Sharma, managing director at Atyant Capital, says his Global Opportunities Fund is up almost 7% year-to-date and he reveals which gold stocks he loves for the long term
Stocks in this video: ABX | GLD | NEM | GDJ | GDX | GG

Phil Streible : Gold Prices will trade in a tight and boring range until the fall.

NEW YORK (TheStreet) -- Phil Streible, Senior Market Strategist at Lind-Waldock, says gold prices will trade in a tight and boring range until the fall.
 

Monday, July 26, 2010

Gold below $1200/oz a bargain

Gold softened on Monday, losing some of its safe-haven appeal after the European bank stress test were less bad than expected , but gold price levels below $1200 an ounce attracted even more physical gold buyers waiting for a rebound .

Friday, July 23, 2010

SILVER and GOLD - Michael Ruppert Opinion, Post-Collapse

Michael Ruppert answers a gold question in the Q&A period, May 13, 2010 Contois Auditorium, Burlington, Vermont
you cannot print gold and silver , gold and silver are finite , they are the best hedge against inflation and wealth preservation and this has been for thousands of years....


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