Ron Paul on Eliminating the Fed 9/29/10
Thursday, September 30, 2010
Frank Holmes, How to Profit Off Record High Metal Prices
NEW YORK (TheStreet) -- Frank Holmes, portfolio manager of the Gold and Precious Metal Fund, reveals his favorite precious metal stocks to own and which metal he thinks has the most upside potential.
Downside Risks for Gold Prices
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals some factors that could weigh on the gold price in the short and long term.
Wednesday, September 29, 2010
There is no Gold at Fort Knox - Craig Hulet
Craig Hulet on Coast to Coast AM Sept 06 2010 : there is no Gold at Fort Knox
Craig B Hulet was both speech writer and Special Assistant for Special Projects to Congressman Jack Metcalf (Retired). He has been a consultant to federal law enforcement ATF&E of Justice/Homeland Security for over 20 years. Hulet served in Vietnam 1969-70, 101st Airborne, C Troop 2/17th Air Cav and graduated 3rd in his class at Aberdeen Proving Grounds Ordnance School MOS 45J20 Weapons. He remains a paid analyst and consultant in various areas of geopolitical, business and security issues.
Foreign policy analyst Craig B. Hulet discussed new rulings by the US government that infringe on people's privacy under the guise of the "War on Terror." In a recent incident, law enforcement placed a GPS tracking device on a person's vehicle, without a warrant. The court ruled that this was legal because the person's home wasn't gated off from the public, he reported. In another case, a woman was arrested and convicted for videotaping police making an arrest of her neighbor, he detailed. We're seeing that "more and more courts are ruling in favor of violations of our fundamental rights," especially our right to privacy, said Hulet.
Body scans at airports, and other locations are actually being kept on file, when initially people were told this wouldn't be done, he noted, adding that such scans are even being done through vans on the streets. "Once a government has been given a certain amount of power, it always seeks more," he cautioned. Unmanned drones are now being employed for surveillance on the US southern border, and Hulet suggested that it's just a matter of time before such drones are flying over major American cities. In the post 9-11 world, Americans have increasingly traded their liberty for security, he lamented.
via Coasttocoastam.com >>>
Frank Holmes Gold Absolutely Still a Buy: Metal Will Double in 5 Years
source : http://www.youtube.com/watch?v=q5FHrFXhuBs
Gold jumped back above $1300 per ounce Tuesday morning and "absolutely" has more upside ahead, according to Frank Holmes, CEO and CIO of U.S. Global Investors, which has about $2.6 billion of assets.
Despite all the hype about its multi-year rally, gold is actually lagging many other commodities in that it hasn't yet eclipsed its 1980 high on an inflation-adjusted basis, Holmes says, noting the same is true of silver.
"If we were to go through those 1980 [inflation-] adjusted prices, gold would be at $2300 per ounce today," he says, calling that a "fair" target for the metal.
There is no bubble" in gold, Holmes says, declaring "it's a pretty easy layup that gold can double" from here over the next 5 years.
Holmes, who co-manages U.S. Global's Gold & Precious Metals Fund and World Precious Minerals Fund, cites the following to justify his bullish outlook:
Growth in Global Money Supply: Government efforts to fight the credit crisis have included huge spending and debt guarantee programs, resulting in greater supply but less confidence in "paper money." (On Tuesday, the Dollar Index fell to its lowest level since early February as weak U.S. economic data point to more efforts by the Fed to "reflate" the economy via quantitative easing.)
Emerging Middle Class: The big difference between gold's current run and the bull market of the 1970's is the "economic footprint" of emerging market economies, most notably India and China, Holmes says. "Forty percent of the world's population believe in gold and give gold as gifts" -- and have the money to buy them in increasing numbers.
The Big Dumb Money: "All the pension funds, all the endowment [funds] aren't running into gold...yet," Holmes says, noting those investors "piled into" tech in 2000 and private equity funds in 2006. Meanwhile, European Central Banks have dramatically slowed their gold sales and could become buyers in the years ahead.
Alchemy vs. Reality: Gold skeptics often note that almost every ounce of gold ever mined remains in existence. That may be true, but Holmes says new supply is on the wane, suggesting it's "easier to invent a new technology" than find a 10 million ounce deposit. And if you were to discover such a bonanza, you'd have to incur huge infrastructure costs and meet rising regulatory hurdles to get the 'yellow metal' out of the ground.
Of course, you should question anything that looks like a "can't lose" investment - and bulls say gold wins whether the economy is hit by deflation or inflation. But gold has defied its skeptics for a decade and shows no sign of letting up now.
Gold to go Vending Machines coming to the US
Gold Prices Hit Record High
Gold to go Vending Machines coming to the US . Is gold still a good place to park your cash?
Gold Reaches Another Record
Trading Advantage President Larry Levin on why investors are flocking to gold.
Bill Murphy: The Gold Price Explosion Is Still Ahead Of Us
Bill Murphy, GATA Chairman (source : www.radio.goldseek.com )
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.
To Visit The Website, Please Click Here.
Gold for Inflation and Deflation
Gold So precious these days
Seems like gold hits a new record every day. Is it a bubble or is it spiking on legitimate concerns about the economy?
Tuesday, September 28, 2010
Bulk vs Base Metals
Alan Heap, managing director & global commodity analyst at Citi Investment Research, makes a case for bulk over base metals with CNBC\'s Karen Tso and Sri Jegarajah.
China set to take centre stage in gold market
Reuters
September 28, 2010
The easing of restrictions on China’s gold imports should boost its influence on global bullion trade as Chinese investors turn to the open market to satisfy their hunger for the metal, the World Gold Council said.
Chinese gold demand is expected to show at least single digit percent growth this year at a time when high prices are curbing buying in other major physical markets like India, the WGC’s Far East managing director Albert Cheng said on Tuesday.
Read Article >>>
September 28, 2010
The easing of restrictions on China’s gold imports should boost its influence on global bullion trade as Chinese investors turn to the open market to satisfy their hunger for the metal, the World Gold Council said.
Chinese gold demand is expected to show at least single digit percent growth this year at a time when high prices are curbing buying in other major physical markets like India, the WGC’s Far East managing director Albert Cheng said on Tuesday.
Read Article >>>
George Gero, Gold Prices Will Stay Volatile
NEW YORK (TheStreet) -- George Gero, senior vice president and financial consultant RBC Capital Markets Global Futures, vice president precious metals strategist, warns investors to fasten their seatbelts as gold's volatile trading continues.
Greg Ip, Gold Signals Fear, Not Inflation
NEW YORK (TheStreet) -- Greg Ip, author of "The Little Book of Economics", explains why the spike in gold has more to do with fear than actual inflation.
Goldline, The Gold Plated Glenn Beck
Congress will ask top executives from Goldline, the precious metals dealer that is a major sponsor of Glenn Beck's television and radio programs, to testify about the company's aggressive sales tactics.
Monday, September 27, 2010
Max Keiser: Return to The Gold Standard - The Alex Jones Show
Alex Jones welcomes back to the show film-maker, broadcaster and former broker and options trader Max Keiser. Max is the host of On the Edge, a program of news and analysis and he also hosts Keiser Report, a financial tabloid. Keiser formerly hosted The Oracle with Max Keiser on BBC World News. Keiser correctly predicted the 2008 collapse of Fannie Mae and Freddie Mac, that sub-prime mortgage-backed securities would be the cause of the economic crisis beginning in 2008, and also predicted the banker sabotage of Iceland's economy.
Gold hits record $1,300
Gold has hit an all-time high
ReutersVideo--September 27, 2010--Gold has hit an all-time high of $1,300 an ounce as worries about the health of the global economy spurred buying, with top consumer India also defying high prices during the festive season.
Gold ETNs Good Investments?
NEW YORK (TheStreet) -- Don Dion, portfolio manager of ETF Action, breaks down the pros and cons to gold ETNs and reveals how he likes playing the rising gold price.
First Eagle GOLD Strategy
Abhay Deshpande, co-manager of the First Eagle Global Fund, discusses the outlook for gold prices and U.S. stocks. He talks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart."
Sunday, September 26, 2010
Rob McEwen, Outlook for $5,000 Gold Prices
Rob McEwen, CEO of U.S. Gold, says gold prices will hit $5,000 once the buying frenzy reaches its full potential.
David Morgan, What $1,300-an-Ounce Gold Means for Silver
David Morgan, founder of Silver-Investor.com, discusses what record-high gold prices mean for silver.
Saturday, September 25, 2010
Investing in Gold & Silver
Sept. 24 2010 | Investing in gold & silver, with Kevin Kerr, Kerr Trading International.
Friday, September 24, 2010
Big Bull Market in Gold - Peter Schiff gold is still Cheap
Peter Schiff gold is still Cheap
Sept. 24 2010 | Debating how high this metal can run, with Michael Cuggino, Permanent Portfolio Funds; Jim LaCamp, Macro Portfolio Advisors and Peter Schiff, Euro Pacific Capital.
Gold Breaks Psychological Barrier of $1,300 US an ounce
Gold futures surged as high as $1,301.30 US an ounce in morning trading in New York before it slipped back
Ian Williams, Gold May Rise Substantially; Bonds in Bubble
Sept. 23 (Bloomberg) -- Ian Williams, chief executive officer of Charteris Portfolio Managers, talks about the outlook for gold and bonds amid speculation about more so-called quantitative easing. He speaks with Maryam Nemazee on Bloomberg Television's "On The Move."
Thursday, September 23, 2010
Why Gold Prices Havent Hit $1,300
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals why gold hasn't broken the $1,300 psychological level yet.
Gold Nears $1300 Mark
Sept. 23 2010 | Insight on gold's record high, with Aaron Regent, Barrick Gold president & CEO.
Wednesday, September 22, 2010
Gold and Silver Are Sounding The Alarm
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How Gold and Silver are Warning U.S.
Gold is Sounding an Alarm Few in the Mainstream Media Want to Discuss
The questions is - Why are Gold and Silver Price Alarms going off?
First, Western World budget deficits are now totally uncontrolled. Debt is esentially destroying the Western World
Second, The Obama administration has saddled us with enough debt at the federal level to last three generations all in the name of "stimulus".
Third, The US Federal Reserve is Insolvent and Bankrupt They have flooded the system with liquidity through Quantitative Easing
They have loaded their balance sheet with worthless loan paper and reduced interest rates to 0% for over 20 months
And What have been the results? Paralyzed job growth., record unemployment, record food stamps, and record poverty levels.
Gold and Silver are sounding the Alarm, but Food and Energy price increases will soon follow.
The face of Inflation has recently reared its ugly head in commodity prices.
The Commodity sector is driving food prices to levels not seen since 2008. (Graph of Commodities prices)
When higher commodity prices translate into $500 grocery bills, recession weary americans may go into economic shock.
Energy Prices have stayed in check, but this may be the calm before the oil price storm.
When oil and energy prices rise rapidly, home heating bills, home cooling bills and gasoline prices will join the long list of soaring costs nationwide.
Remember when gasoline went to $5 dollars per gallon? A sheer panic ripped across this country. It's coming again, but be prepared for the prices to stay
The combination of skyhigh food and gasoline prices may be the final nail in the coffin of the American Middle Class.
Travelling with Physical Gold Coins as insurance will soon become the norm. In many parts of the world the 1996 $50 or $100 US note is worthless because of the quality of counterfeits being printed internationally.
In Europe, American travellers are learning that the US Dollar is untradeable on the street. And Personally, 1 gold coin got me out of a very bad situation in Mexico City during the H1N1 outbreak.
Make no mistake about what you are seeing, especially with the price action of gold and silver.
Both metals are signifying a loss of confidence in the Dollar and particularly in its management team.
The Price of gold is no longer mental speculation, but rather reality hiding in plain sight.
The Day when every American recognizes paper bills as trash and gold and silver as true money, is almost here.
Denver Gold Forum: Beware These Stocks
Denver (TheStreet) -- Tom Winmill, portfolio manager of the Midas Fund, reveals the gold mining trends he's seeing at the Denver Gold Forum, what stocks to avoid and which ones to buy.
Gold Hits Another Record as Dollar Tumbles On Fed Announcement
Max Keiser: Return to The Gold Standard
http://www.infowars.com/gold-hits-another-record-as-dollar-tumbles-on-fed-announcement/Not only are private investors flocking to gold, but so are central banks, as former stock broker Max Keiser noted on the Alex Jones Show yesterday. “Central banks for the first time in decades are buying gold,” Keiser explained. “Up until recently they were net sellers of gold, now they are actually buying gold. So, this is another huge piece of the equation for gold.”
Tuesday, September 21, 2010
Gold Price Forecast
Today we are going to be looking at gold with a gold price forecast. We analyze the recent run-up that has created a great deal of excitement and fear for many investors and traders.
We're also going to be looking at some upside measurements that we have for this market. Conversely, we are also looking at an area that should provide support should the gold market pull back from its current levels.
In this new video we are going to be focusing on our "Trade Triangle" technology and what it means for traders. We will explore short-term, intermediate-term, and long-term trading in this precious metal. This will all be done using our "Trade Triangles."
As always our videos are free to watch and there is no need for registration. We hope that you enjoy the video and that you share your comments.
Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. Many European countries implemented gold standards in the later part of the 19th century until these were dismantled in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000.
Gold Buying by Central Banks May Send Signal to Sell
Gold Buying by Central Banks May Send Signal to Sell
Dec. 16 (Bloomberg) -- Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results. Read article
Dec. 16 (Bloomberg) -- Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results. Read article
Why Precious Metals Aren't in a Bubble
Why Precious Metals Aren't in a Bubble
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status. Read article
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status. Read article
Monday, September 20, 2010
John Meyer, Gold to Hit $1,500 by Xmas
Sept. 20 2010 | The price of gold could continue its rally and rise toward $1,500 per troy ounce before Christmas, John Meyer, head of resources at Fairfax IS, told CNBC Monday. Johan Dippenaar, CEO of Petra Diamonds, and David Kuo from The Motley Fool joined the discussion.
Investing in Gold Futures
Investing in gold futures is done by purchasing a contract for gold at a later date but paying for it now. Understand more about gold futures and the difference between a spot price and futures price with tips from a futures and options floor trader in this free video on investing.
Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky
Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky
Sunday, September 19, 2010
How to Buy Gold
Invest in gold in three ways: buying physical gold, such as gold bars or jewelry, buying ownership contracts that relate to the actual gold price or buying shares in gold mining companies. Learn the advantages and disadvantages of each method in this free video from an experienced floor trader on investing.
Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky
Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky
Saturday, September 18, 2010
James Turk, Importance of buying physical gold
James Turk explains why and how to buy physical gold. He warns against buying paper gold. Video recorded in Eindhoven, The Netherlands, May 2010.
Gold Rises to Record on Increased Demand for Wealth Protection
Source : http://www.bloomberg.com/news/2010-09-16/gold-rises-to-a-record-as-investors-seek-protection-against-market-turmoil.html
Nicholas Larkin
Bloomberg
September 16, 2020
Gold rose to a record in London and New York as investors sought protection against turmoil in the global economy and financial markets. Silver rose to the highest price since March 2008.
Bullion climbed as high as $1,277.07 an ounce in London. The dollar fell to a five-week low against the euro today. The metal usually moves inversely to the U.S. currency. Global holdings of gold by exchange-traded products are up 16 percent this year and this month reached a record, Bloomberg data show
Source infowars.com
Nicholas Larkin
Bloomberg
September 16, 2020
Gold rose to a record in London and New York as investors sought protection against turmoil in the global economy and financial markets. Silver rose to the highest price since March 2008.
Bullion climbed as high as $1,277.07 an ounce in London. The dollar fell to a five-week low against the euro today. The metal usually moves inversely to the U.S. currency. Global holdings of gold by exchange-traded products are up 16 percent this year and this month reached a record, Bloomberg data show
Source infowars.com
Friday, September 17, 2010
How To Buy Record High Gold Prices
NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, reveals the best way to trade record high gold prices.
Gold, Silver and Precious Metals Continue to Outperform the Market
Gold, Silver and Precious Metals Continue to Outperform the Market
by: Tom Cleveland, September 14, 2010
for : goldbasics.blogspot.com
From an investor perspective, the year of 2010 will go down in history as one of strange behavior, as basic time-honored correlations broke down and risk aversion seemed to grip the fragile psychology of both traders and investors alike. The threat of debt defaults from Greece and several other European member states have produced a steady drip of news on our respective foreheads since last year, while fears of a double-dip recession have blinded everyone’s vision of the road ahead.
The stars on this global stage have been Gold, Silver and other precious metals. Gold has had such incredible appreciation over the past decade that it is sometimes difficult to believe that it is not perched upon a precipice, waiting for an inevitable correction to occur. Other than general surges and minor consolidations, due more to speculation than anything else, Gold continues to outperform other basic indexes on an annual basis. Traditional correlations have also been broken in the process as the Dollar and Gold have chosen to join themselves at the hip for all of 2010, a break in the expected inverse trend.
Gold is not alone. Silver and other precious metals have also fared well over the period, although not to the same extent. Today, once again, Gold and Silver spiked up due to contrary news coming from Europe. Each metal has made significant gains during 2010, as new record highs have been set along each metal’s respective triumphal path.
The correlation in growth between both metals for the last year, as depicted in the chart above, has been quite remarkable. For the year, Gold rests at about 25% while Silver is just below 20%. The S&P 500 index has eked out an 8% gain, perhaps a little higher if dividends are thrown in, but the comparison is the reality of the moment, even after a record earnings season for the June quarter where earnings year-over-year were in the 35-40% range. More importantly, Gold and the stock index have been inversely correlated since May. The S&P 500 index just crossed its 200-day moving average, a sign of better times to come, but coincidentally enough, Gold just set a new record high in the process. Do correlations mean anything in this year of “strangeness”?
The breakdown in traditional correlations has confounded many analysts as they search for indications of how temporary these reversals might be. Currency trading has benefited from recent volatility, but choosing a currency to ride may not have the same gleam as Gold. Gold has always appreciated when the Dollar depreciates, but not so for the past year. The opposite has been true regarding the Euro and Gold, but once again, the times, they are a-changing. Gold and the greenback have be entwined in a dance for nearly ten months, while the Euro has become a wallflower searching for a potential suitor.
Risk aversion and its related flight of capital to safe havens are seen as the villains on this dance floor. Under these conditions, the primary beneficiaries are U.S. Treasury Bills and precious metals, especially Gold and Silver. Increased demand across the board has kept the Dollar and metals on their upward tracks. However, currencies do not have intrinsic value. Capital outflows may impact the relative value of the Dollar, but Gold is hardly a temporary investment.
"The question on everyone’s lips is whether now is a good time to buy
more Gold or Silver? Timing , which also applies in forex appears to be the only concern these days. Technical
indicators presently show that both metals are in an “overbought”
condition, suggesting that a small correction in price may be imminent. In
the last three weeks alone, Silver has risen 15%, while Gold marched on at
a 5% clip. A small pullback is to be expected after such impressive run
ups."
What do the fundamentals say? Here is a quick recap for Gold:
*
Intrinsic Value: There is no sign that Gold will lose its luster or safe haven status;
*
Hedge Against Inflation: Over time, interest rates in the developed world will move up as recoveries proceed. Inflation concerns in the U.K. already exist. Gold is the perfect hedge for the perfect “inflation storm” that is slowly brewing in developed countries;
*
Mining Prospects: Taxes on mining interests has not slowed exploration, but new supplies are not expected to flood the market;
*
Industrial Usage: No signs for decline foreseen in this area;
*
Current Inventories: Central banks have no reason to release or sell their massive reserves. China would gladly exchange Dollar CDs for Gold today.
The year of 2010 has confounded investors, but Gold and other precious metals continue to retain their intrinsic values and appreciate beyond everyone’s expectations. Entry timing may be the only concern at the moment.
Tom Cleveland 5218 Shirley Rd. Gainesville, GA 30506
tgcleveland@gmail.com September 14, 2010
by: Tom Cleveland, September 14, 2010
for : goldbasics.blogspot.com
From an investor perspective, the year of 2010 will go down in history as one of strange behavior, as basic time-honored correlations broke down and risk aversion seemed to grip the fragile psychology of both traders and investors alike. The threat of debt defaults from Greece and several other European member states have produced a steady drip of news on our respective foreheads since last year, while fears of a double-dip recession have blinded everyone’s vision of the road ahead.
The stars on this global stage have been Gold, Silver and other precious metals. Gold has had such incredible appreciation over the past decade that it is sometimes difficult to believe that it is not perched upon a precipice, waiting for an inevitable correction to occur. Other than general surges and minor consolidations, due more to speculation than anything else, Gold continues to outperform other basic indexes on an annual basis. Traditional correlations have also been broken in the process as the Dollar and Gold have chosen to join themselves at the hip for all of 2010, a break in the expected inverse trend.
Gold is not alone. Silver and other precious metals have also fared well over the period, although not to the same extent. Today, once again, Gold and Silver spiked up due to contrary news coming from Europe. Each metal has made significant gains during 2010, as new record highs have been set along each metal’s respective triumphal path.
The correlation in growth between both metals for the last year, as depicted in the chart above, has been quite remarkable. For the year, Gold rests at about 25% while Silver is just below 20%. The S&P 500 index has eked out an 8% gain, perhaps a little higher if dividends are thrown in, but the comparison is the reality of the moment, even after a record earnings season for the June quarter where earnings year-over-year were in the 35-40% range. More importantly, Gold and the stock index have been inversely correlated since May. The S&P 500 index just crossed its 200-day moving average, a sign of better times to come, but coincidentally enough, Gold just set a new record high in the process. Do correlations mean anything in this year of “strangeness”?
The breakdown in traditional correlations has confounded many analysts as they search for indications of how temporary these reversals might be. Currency trading has benefited from recent volatility, but choosing a currency to ride may not have the same gleam as Gold. Gold has always appreciated when the Dollar depreciates, but not so for the past year. The opposite has been true regarding the Euro and Gold, but once again, the times, they are a-changing. Gold and the greenback have be entwined in a dance for nearly ten months, while the Euro has become a wallflower searching for a potential suitor.
Risk aversion and its related flight of capital to safe havens are seen as the villains on this dance floor. Under these conditions, the primary beneficiaries are U.S. Treasury Bills and precious metals, especially Gold and Silver. Increased demand across the board has kept the Dollar and metals on their upward tracks. However, currencies do not have intrinsic value. Capital outflows may impact the relative value of the Dollar, but Gold is hardly a temporary investment.
"The question on everyone’s lips is whether now is a good time to buy
more Gold or Silver? Timing , which also applies in forex appears to be the only concern these days. Technical
indicators presently show that both metals are in an “overbought”
condition, suggesting that a small correction in price may be imminent. In
the last three weeks alone, Silver has risen 15%, while Gold marched on at
a 5% clip. A small pullback is to be expected after such impressive run
ups."
What do the fundamentals say? Here is a quick recap for Gold:
*
Intrinsic Value: There is no sign that Gold will lose its luster or safe haven status;
*
Hedge Against Inflation: Over time, interest rates in the developed world will move up as recoveries proceed. Inflation concerns in the U.K. already exist. Gold is the perfect hedge for the perfect “inflation storm” that is slowly brewing in developed countries;
*
Mining Prospects: Taxes on mining interests has not slowed exploration, but new supplies are not expected to flood the market;
*
Industrial Usage: No signs for decline foreseen in this area;
*
Current Inventories: Central banks have no reason to release or sell their massive reserves. China would gladly exchange Dollar CDs for Gold today.
The year of 2010 has confounded investors, but Gold and other precious metals continue to retain their intrinsic values and appreciate beyond everyone’s expectations. Entry timing may be the only concern at the moment.
Tom Cleveland 5218 Shirley Rd. Gainesville, GA 30506
tgcleveland@gmail.com September 14, 2010
Thursday, September 16, 2010
Gold sets a new record high level of $1,278 an ounce
The metal surged by 10.25 dollars to 1,278.30 dollars an ounce in London and New York as investors sought protection against turmoil in the global economy and financial markets.
The metal, which had been on a record setting journey this week, surged on rising demand among investors as a safe haven and hedge against inflation.
read article >>>>
Gold Bubble? Jim Iuorio vs Toon Van Beeck,
Sept. 15 2010 | Toon Van Beeck, of IBISWorld, and Jim Iuorio, of TJM Institutional Services, share their views.
Wednesday, September 15, 2010
Gold Continues to Hit New Highs
Gold prices hit an intraday high of $1273 per ounce on Wednesday, just below Tuesday's intraday high. Investors continue to flock to gold as a safe haven investment as uncertainty swirls around the market with regard to the health of the global economy.
Brian Kelleher,gold might see a short-term correction, but long term is headed higher.
NEW YORK (TheStreet) -- Brian Kelleher, senior vice president of ETF Securities, says gold might see a short-term correction, but long term is headed higher.
Toon van Beeck, Bearish on Gold
Toon van Beeck, senior industry analyst at IBISWorld, reveals why he thinks gold prices will drop $200 in three years.
Gold and Silver Price Explosion - Mike Maloney
Gold & Silver Price Explosion! Metals Leasing & ETF Investment Fraud 'Why Gold & Silver?' Trailer 3
http://www.whygoldandsilver.com Gold and silver are being suppressed by a cabal of banks in order to uphold the charade of a strong US dollar. This manipulation is unsustainable and is coming to an end. Prepare for a scramble to own physical gold & silver as the wheels come off this gross deception. The free market always wins. Please take the time to research this information for yourself. Huge thanks to GATA for their outstanding efforts in making this information public http://www.gata.org. THIS MOVIE WILL BE RELEASED IMMINENTLY. SIGN UP AT http://www.goldsilverdvd.com TO RECEIVE UPDATES ON THE RELEASE DATE. PREPARE FOR A WEAPON OF MASS AWAKENING.
Tuesday, September 14, 2010
Gold: More Room to Run? signs of Inflation
Brian Kelly, president of Kanundrum Capital, shares his outlook.
Rob McEwen : Gold Will Reach $5,000 Per Ounce
U.S. Gold Chairman Rob McEwen discusses why the precious metal is poised to take off during the next few years.
Gold and Silver Explode as Banksters Abandon Market Manipulation
By Kurt Nimmo
Infowars.com
September 14, 2020
Gold has surged to a new high as the prospect of inflation reared its ugly head in the United Kingdom on bad news from a report indicating a weaker-than-expected eurozone industrial production. Germany and France, despite sovereign debt fears, have been able to manage anemic growth but today’s data signals a slow down.
On Tuesday the gold price traded as high as $1,261.90 and as low as $1,246. “The U.S. dollar index was adding 0.03% to $81.90 while the euro was losing 0.19% to $1.28 vs. the dollar. The spot gold price was rising $14.30, according to Kitco’s gold index,” writes Alix Steel for The Street.
Silver also experienced a boost today. The precious metal was up 14 cents to $20.31. Earlier this month, spot silver trading reached its highest point since March 2008.
read article >>>>
Infowars.com
September 14, 2020
Gold has surged to a new high as the prospect of inflation reared its ugly head in the United Kingdom on bad news from a report indicating a weaker-than-expected eurozone industrial production. Germany and France, despite sovereign debt fears, have been able to manage anemic growth but today’s data signals a slow down.
On Tuesday the gold price traded as high as $1,261.90 and as low as $1,246. “The U.S. dollar index was adding 0.03% to $81.90 while the euro was losing 0.19% to $1.28 vs. the dollar. The spot gold price was rising $14.30, according to Kitco’s gold index,” writes Alix Steel for The Street.
Silver also experienced a boost today. The precious metal was up 14 cents to $20.31. Earlier this month, spot silver trading reached its highest point since March 2008.
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Playing Precious Metals
Gold, silver and platinum are up big so far this year, with Rich Ilczyszyn, Lind-Waldock, and Tom Pawlicki, MF Global Precious Metals.
Monday, September 13, 2010
Can SIVR and SLV ETFs be good Investments ?
NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com reveals if he thinks silver ETFs are a good way to play the precious metals market.
Saturday, September 11, 2010
Silver Market Manipulation keeps the price down
Silver has been kept down for a long time.
Just like gold, alot of central banks and other institutions have been shorting the hell out of it trying to keep the price down.
Get some now, soon the price will explode!!!
Silver is money, so is gold.
Just like gold, alot of central banks and other institutions have been shorting the hell out of it trying to keep the price down.
Get some now, soon the price will explode!!!
Silver is money, so is gold.
China encourages their citizens to buy SILVER!!!
Why an $1800 Investment in Silver Today Will Likely Be Worth $100,000 Within The Next 15 Months
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar . Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar . Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
Friday, September 10, 2010
China Bullish on Silver
Why an $1800 Investment in Silver Today Will Likely Be Worth $100,000 Within The Next 15 Months
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar .Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar .Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
Is Silver The New Gold ?
With spot silver trading at its highest point since March 2008, Mathew Kaleel, co-founder & portfolio manager at H3 Global Advisors, makes a case for the white metal with CNBC's Chloe Cho.
Thursday, September 9, 2010
Bob Chapman : SILVER $100 oz in 2010 !
Why an $1800 Investment in Silver Today Will Likely Be Worth $100,000 Within The Next 15 Months
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.
Tom Kendall, Gold Rally Is not a Bubble
Sept. 9 (Bloomberg) -- Tom Kendall, vice president of commodities research at Credit Suisse, discusses the outlook for gold. Kendall talks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Jon Nadler, Gold Prices Search For a Catalyst
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, is skeptical that gold can sustain their recent high prices and is looking for a catalyst to provide direction.
How To Trade India Gold Buying Season
NEW YORK (TheStreet) -- Jeffrey Christian, managing director of the CPM Group, reveals what India's gold buying season means for gold prices and how an investor can profit off of higher prices.
Wednesday, September 8, 2010
George Gero Gold has become a currency
Welcome to the 'Golden' Years?
George Gero of RBC Wealth Management breaks down the record-setting moves by precious metals.
Will Rhind, Silver Is Undervalued
NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says gold's record high price is good news for silver.
Gold vs. Silver with Jim Cramer
The charts indicate that gold could be headed higher, but not as much as silver, says Cramer.
Tuesday, September 7, 2010
James Turk : Gold and Silver are still very cheap
Not Too Late To Buy Gold
NEW YORK (TheStreet) -- James Turk, founder of GoldMoney.com, says gold's breakout will continue and investors can still buy the precious metal.Tue 09/07/10 10:41 AM EST -- Alix Steel
Stocks in this video: SGOL | GLD | SIVR | IAU | SLV
Gold and Silver are rallying today
Investing in Precious Metal
Gold and silver are rallying, with Sterling Smith, Country Hedging, and Philip Gotthelf, Equidex Inc.
Monday, September 6, 2010
George Gero, September Will Hurt Gold Prices
September Will Hurt Gold PricesGeorge Gero, vice president of global futures at RBC Capital Markets, explains why September might not be good for gold prices. -- Alix SteelStocks in this video: SGOL | GLD | SIVR | IAU | SLV
Why Silver has more upside potential than gold
This is great proof why silver is so cheap even now at $19 spot price. What if you could get it for much less than that, right in our mailbox!
Sunday, September 5, 2010
Bill Murphy, the price of Silver is held down with derivatives
Bill Murphy, Chairman of the Gold Anti-trust Action Committee GATA, discusses this past week in the markets.
Bill Murphy: "Silver can double in a week, the price is held down with derivatives!"
Bill Murphy: "Silver can double in a week, the price is held down with derivatives!"
Ted Butler on Silver Shortages
This is from an interview with Ted Butler on Financial Sense Radio talking about the shortages in the silver market. This interview is dated 10-25-2008.
Melting old Scrap Gold Jewellery
Watch what actually happens to your scrap gold as Scrap Gold UK process a pile of 22 carat scrap gold jewellery in to a gold bar.
Gold Prices: Bear vs. Bull
NEW YORK (TheStreet) -- Pratik Sharma, managing director at Atyant Capital, outlines the bull and bear cases for gold prices and how investors should trade the metal.
Saturday, September 4, 2010
Gold Stocks to Melt Up?
Will gold become the next M&A gold mine? Eric Jackson, Ironfire Capital shares his thoughts.
Silver Stocks to Buy
NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com, says silver is the best metal to own in the short term and reveals his favorite stocks.
Friday, September 3, 2010
Gold Prices: Bull vs. Bear
NEW YORK (TheStreet) -- Pratik Sharma, managing director at Atyant Capital, outlines the bull and bear cases for gold prices and how investors should trade the metal.
Thursday, September 2, 2010
Shimmering Returns in Silver
Martin Hennecke, associate director at Tyche, is bullish on silver as the precious metal is trading at an 85% discount to 1980's inflation adjusted high. He makes his case to CNBC's Oriel Morrison.
How to Buy Gold Futures
Phil Streible, senior market strategist at Lind-Waldock, breaks down gold futures market and what kind of leverage an investor can expect.
September Will Hurt Gold Prices says George Gero,
NEW YORK (TheStreet) -- George Gero, vice president of global futures at RBC Capital Markets, explains why September might not be good for gold prices.
Wednesday, September 1, 2010
Introduction To Precious Metals Silver and Gold
This is my introduction video which will have alot of general, information...I wanted to make this prior to talking about my sources for silver and gold purchases you you guys my average viewers can get an idea of what I am talking about...Here is the link to the website I mentioned in the video:
Peter Hambro, Gold Prices Above $1,500 Very Real - Wealth Insurance
Sept. 1 (Bloomberg) -- Peter Hambro, chairman of Petropavlovsk Plc, talks about the outlook for gold. Hambro, speaking with Francine Lacqua on Bloomberg Television's "On The Move," also discusses the prospect of listing Petropavlovsk's non-precious metals unit in a Hong Kong stock sale.
Silver Investment Reasons: Bull Market Begins Now
If you think it's too late to get into silver investment watch this.
Silver investment is the best way to protect yourself and your family against rising inflation and the falling US dollar. Silver investment is the No1. speculative investment of a lifetime. To learn more about silver and the great silver investment opportunity currently presenting itself worldwide,
Silver investment is the best way to protect yourself and your family against rising inflation and the falling US dollar. Silver investment is the No1. speculative investment of a lifetime. To learn more about silver and the great silver investment opportunity currently presenting itself worldwide,
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