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
Richard Daughty, who describes himself as "the angriest guy" in economics, is writer / publisher of The Mogambo Guru economic newsletter and a general partner and COO for Smith Consultant Group, serving the financial and medical communities. Prior to joining Smith Consultant Group, Daughty was a financial adviser to American Express Financial Advisers in Clearwater, Florida. He holds an MBA in operations research from the University of South Florida and is a strong advocate for sound fiscal and monetary policy.
Wouldn't it be AMAZING if you had a garage full of gold and silver assets? Here's your opportunity to partner up with Chris Smith in an opportunity of a lifetime.
INVEST IN SILVER ! Commodities and the coming bubble - !After 35+ years of experience, Jack lays it out on the table. Are they going to start lending money again? What is going to happen when inflation kicks in. Who is driving up the cost of the goods we need to live? Jack lays it all out.
GATA board member Adrian Douglas, publisher of the Market Force Analysis financial letter (http://www.MarketForceAnalysis.com), was interviewed for a half hour yesterday by TheFinancialTube.com about the gold and silver markets,
NEW YORK (TheStreet) -- Brian Hicks, co-manager of the U.S. Global Investors Global Resources Fund, explains that with gold prices climbing as traders digest Wednesday??
Gold price is climbing on Thursday hitting and you three week high filing Wednesdays at -- quantitative easing announcement. It goes gold -- on the spot price higher by nearly 24 dollars. Joining me is Brian hicks co manager at the US global investors (GROW) global resource -- finds. Right not long after the Fed's announcement yesterday we did see gold prices dropped. As traders had -- been digesting the news and gold prices have continued to climb again. What's behind gold
Eric Sprott speaks to Eric King on KingWorldNews.com about Silver and Gold. Then, Ron Paul provides perspective on the big picture: Runaway government spending, unconstitutional behavior, the decline of America. If we return to our roots, if we embrace God, the rule of law, the Constitution and the Bill of Rights, we can still right the ship. God bless you for caring.
James Turk says SILVER will be at $30 by year's end 2010 and says he fully expects SILVER to reach $50 within two years. Then SILVER will finally enter "Stage 2" which GOLD now enjoys. At which point, it will be "the sky's the limit" for SILVER. Max Keiser tees up the JP Morgan fraud in the SILVER market. Alan Grayson interrogates on behalf of SILVER too. Finally, Rand Paul reminds us all why SILVER (and GOLD) will be needed in the days ahead.
StreetTV Interview with Mike Maloney.Silver could hit $1,500/oz
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NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations at ETF Securities, explains that after the midterm elections and ahead of the statement from the Federal Reserve's FOMC meeting, he is focusing on gold for the long-term and reveals his trading outlook.
NEW YORK (TheStreet) --Pratik Sharma, managing director at Atyant Capital, details how Friday's nonfarm payrolls report is factoring into gold's behavior and how investors...
Pratik Sharma, : ...in the short term there wouldn't surprise and it -- and more backing -- allocation of the you know albeit data but it will be bigger in the midst of the eight year old Mark Spector was on war. Or -- not even more. And the fact remains that -- in -- environment most people would agree that picked -- across the border overvalued whether it's hot -- Bonds commodities even gold it. By itself is they're definitely not cheap -- undervalued. That -- you have Central Bank around the world. Determined to inflate asset prices. So yeah you definitely have gold. -- is that -- experience tail wind stripped right and that you know over the longer term remains very bullish for the price of gold. Wanted to keep minor -- you have you know competitive devaluations -- currency going on people are determined it's made -- of art. You know they've all roads lead old....
Mike dicusses many things in this clip,the safest place to be the safest haven investment for every second in the last five thousand years , the only thing that has never gone to zero and can't go to zero , every stock can go to zero and that is gold says Mike Maloney....
The Fed is going to destroy our currency, on purpose. Think things are bad now? Just wait until a dollar buys a nickel's worth. RICO lawsuit filed against HSBC & JP Morgan. And the ETF holders best watch out, trouble's brewin'.
Ted Butler's work is followed by many institutions, such as Sprott Asset Management and PFS Group. He has researched the commodity markets actively for 3 decades. Internationally well known for his writings on silver, gold, commodities and the COT (commitment of traders) report. In this interview Ted discusses the gold and silver markets and the underlying commitment of traders report.
Based on the supply and demand situation of silver, it's only a question of time when a silver shortage will come. Nobody can predict exactly when this is going to happen, but we have more and more signs that those who control the price of silver are sweating to balance the supply.
The biggest question I have is, will the shorts be successful to cover their short position on time? Right now the CFTC seems to want to force all the manipulators to get in line by making them obey new rules of position limits, but I feel that the banks who are the big shorts will be exempt. Mr. Butler thinks that the CFTC will do the right thing, but I am skeptical. We argue about this a lot, as we both have strong opinions read more >>>>>
Graham Briggs, chief executive officer of Harmony Gold Mining Ltd., talks about the outlook for gold prices and production.
Production at Africa's third-largest gold producer for the three months through September fell 2.9 percent to 336,650 ounces, in line with the company's own guidance. Briggs speaks from Johannesburg with Francine Lacqua on Bloomberg Television's "On The Move." (Source: Bloomberg)
Basic elements contain explosive potential. Bacteria strikes precious gold amidst a sea of sludge. Metallurgical magic puts better planes in the sky. And plants provide seeds of hope that protect our hearts. The many forms of modern metal -- on Technology Update.
According to many names in the The biggest names in the precious metals industry the price of Silver is set to explode not in the coming months or weeks but in the coming few days according to James Turk for example , v says that Silver will hit $30 an ounce in the next 18 days ... Jim Willie : "...pursuit of a fair gold price follows when HSBC fails and that event is imminent..." Jim Willie says that silver will outperform gold by two to one....
Mike Maloney : “Silver is extremely rare. For the first time in human history, there is more gold for investors to buy than silver.”There’s 8.3 times more gold available to buy today than silver Silver is one of the most amazing elements on this planet, and it is in short supply. For the first time in human history, there is more gold above ground for investors to buy than silver. The available above ground silver if put in a cube would only be 11.72 meters on each side, much less than the available above ground gold. Someday people are going to wake up and realize how little silver is available and how valuable it really is.We are in a moment in history that not everyone is realizes that ALL money is FIAT! Not backed by anything! We are running in a world trading products with paper. This is going to be in history books!
If you put all the available above ground silver into a cube it would measure about 11.72 meters on each side. If you put all the available above ground gold into a cube it would measure about 19.18 meters on each side. Therefore, silver is much rarer than gold for the first time in human history! When people finally realize how much rarer silver is compared to gold it will cause the quantity demand for silver to spike and consequently the price of silver could exceed the price of gold!
Robert Kiyosaki Explains - The Real Value Of The Dollar Gold Silver
An all out currency war has begun - governments around the world are devaluing their currencies in order to have cheap exports - and are destroying the middle class.
China has introduced its first-ever investment opportunity for silver bullion. The bars are available in 500 grams, 1 kilogram, 2 kilograms and 5 kilograms with a purity of 99.9 percent.
Official Chinese TV announced last week that silver bullion is now available for the investing public. China, once on a silver standard where nobody knows today what happened to the hoard, now offers 500 gram, 1-, 2- and 5 kilo bars. The newslady alluded that silver is comparatively cheap to gold, citing the current gold-silver ratio of 1:70.
I could not think of a fundamentally bigger bullish sign for silver than China's move.
Lindsey Williams provides new revelations and predictions from an illuminati insider - the same insider that predicted the oil plunge of 2009, the bankruptcy of Dubai and rising costs of food and other commodities... 2010 will most likely experience a 30%-50% devaluation of the U.S. dollar's purchasing power. Lindsey Williams also reflects on the U.S. dollar's over 91% devaluation since 1971, etc.
Bullion Bulls Canada this week did its first Internet radio interview -- with GATA board member Adrian Douglas, who explained how the London gold market each day sells net claims to far more gold than is available to meet those claims and how this creation of vast amounts of paper gold is the primary mechanism of gold price suppression.
Oct. 28 (Bloomberg) -- Joseph Foster, a portfolio manager at Van Eck Associates in New York, talks about the potential impact of the Federal Reserve's quantitative easing on the gold market. Foster, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the outlook for gold stocks and investment strategy.
China has announced it is reducing it Silver exports by 40%. But guess what? Chinese exports of silver are already down 60% from 2009 levels. China is already treating silver for what it is: a rare earth metal.
Eric King speaks with Peter Schiff about Gold and Silver in May, 2010. They discuss the recent panic gold buying in Germany as the Euro melts down. And Schiff admites he is even more bullish on Silver than Gold!
Gold and Silver Prices Signal the Devaluation of the Dollar 1. Beginning with the Savings & Loan crisis in 1990, each engineered crisis is growing in intensity and carnage. First, there was the Internet bubble crash then the Real Estate bubble meltdown and now we are at the footsteps of an unprecedented acceleration of price increases in food and energy. _From: InflationUS | October 02, 2010
The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk. This is the first of several videos to show what is really happening to the economy of the United States and why this country is in a lot of trouble financially.This video is to elaborate on my last video about the dollar and its value.
Prices are not going up, when you see their real value in gold and silver. The dollar is collapsing and has been for years. The dollar is now worth about 2 cents compared to 1913. A quarter dollar (in silver) will buy more gas now than in 1947. See how you have been robbed by the banksters and the fed. End the Fed or be a slave!
In 36 months three huge events are likely to happen which will drive the price of gold to $1,750. The first to pop will be the Australia housing bubble (see here: http://www.heraldsun.com.au/money/aus... -- this will lay bare the Australian economy. The second event is the fall of Japan (see here: http://blogs.wsj.com/source/2010/07/1... into bankruptcy, which will not only bring devastation to the Japanese but implode the world's second safe-haven currency, the Yen. The third event will be the Canadian housing bubble (see here: http://www.nationalpost.com/opinion/c... and debt bubble (see here: http://www.theglobeandmail.com/report... collapse. Furthermore, gold's price is unlikely to significantly fall, because America's total credit market debt as a percent of GDP is at its highest ever (360%) (see here: http://www.pimco.com/LeftNav/Featured... only meaning prolonged stagnation in the world's biggest economy, especially, if the U.S. government insists on creating debt as the private sector tries to pay it off. But that's only part of the 'gold-is-up' argument, because Germany is engaged per quarter in a $1 trillion-plus de-leveraging from the U.S. economy (cash that has helped to finance our domestic investment and economic activity for the last decade), and without it, further Treasury bond market manipulation by the Federal Reserve will occur to fill "the German liquidity gap". That means a broken and contracting U.S. credit system (see here: http://blog.rebeltraders.net/2010/07/... is a given for the future, only meaning a continually sustained strong gold price -- as a broken U.S. credit system means a blinkered U.S. economy with low foreign and corporate investment with concurrent diversification into gold. We would also be remiss to ignore that the London Bullion Market Association's (LBMA) statistics for May show that (see here: http://www.gata.org/node/8858) "*the average net daily trading in gold by LBMA member banks jumped a massive 50 percent from the month before to 24 million ounces each day from 16 million ounces each day. That translates to $7.5 trillion annually. If an operation is running on a razor-thin fractional reserve basis, such step changes are often fatal. It appears that a run on the bullion banks has commenced [which is why the LBMA and BIS is trying to conceal gold swaps information].*" Indeed, and do not be mistaken into seeing pass why the dollar is strong right now -- a falling dollar is unlikely as there are too many global debts denominated in dollars (i.e. too many people who want to unwind their debts and have to get dollars to do so, keeping the price high) but that cannot last forever and that's not a vote in confidence in the greenback. Gold is going to $1,750 in three years -- the only other choices are the Swiss franc (see here: http://www.telegraph.co.uk/finance/co... or emerging markets (see here: http://www.ft.com/cms/s/0/8c6ca37e-96...
Silver will be worth more than Gold says GATA Board of Director, Adrian Douglas
Tarek Saab of Trusted Bullion this week interviewed GATA Board of Directors member Adrian Douglas (http://www.MarketForceAnalysis.com) about his research into the manipulation of the gold and silver markets.
Why gold/silver prices will explode higher in 2011 and coming years. The fraudulent nature of the global monetary system exposed. Also visit www.moveyourmoney.info
If money is not printed as debt under a true gold standard there is no need for any citizen to pay tax to pay off interest on the national debt. This is by far the largest chunk of the 33% we cut away in the example. The other portion of the 33% chunk consists of gov't transfer payments, which would be unnecessary under a gold standard. If there is no need to pay tax to pay interest to bankers on all money that is created, then people would have more money AND a steady purchasing power that they do not have under our current system. Thus, nobody would need the services provided by any transfer payments. Other "transfer" payments just consist of taxes that serve as a "wealth transfer", transferring money from citizens to the owners of the Fed Reserve that could be abolished under a true gold standard. Remember when Kennedy backed US dollars with silver? The money was printed with the words "United States Note", NOT "Federal Reserve Note". The tax we say would not exist under a gold standard actually disappeared under a real life example with these Kennedy notes (while they lasted). And as far as Soc. Security, people wouldn't need SS because their wealth would soar and SS would become obsolete. So it's a reality that there would be no need for SS under a TRUE gold standard.
the first US income tax imposed was in 1861. 3% on income above $800. In 1862, this increased to 5% on all income above $100,000. But the gov't removed income taxes completely from 1862 to 1900 there was NO income tax. When the US Federal Reserve came into existence, the top tax bracket skyrocketed from 7% to 77% in just 5 years from 1913 to 1918.
Lindsey Williams reveals new bombshell information on the Alex Jones Show today. Williams, who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis. In 2009, Williams told Alex Jones about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012.
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
With gold prices above $1300 per ounce, skeptics question whether this is yet another asset class bubble about to burst. Schiff disagrees, as you might expect. He believes the U.S. dollar will continue its downward trajectory – in turn, adding to the value of gold. “I think we’re still relatively early in the game," he says. "It’s not rock bottom prices, but prices are not high for the metals, especially given what central banks are going to do,” i.e. more quantitative easing.
The Chinese population and government are dumping the worthless paper currencies of the world, which their governments just magic from nowhere, and dumping guilts, and are instead investing in gold. No matter what the price of gold is, one thing is certain, you can't print more of it like Western governments have done to their paper currencies.
Alex Jones talks with Bill Murphy, a financial commentator and chairman of GATA, the Gold Anti-Trust Action Committee. GATA was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA exposes and actively opposes collusion against a free market in gold, other precious metals, currencies, and related securities. Alex also covers the latest breaking news and takes your calls.
Cash Is Trash. Why Gold & Silver? - Free Investing Movie With Mike Maloney
We have been collectively hoodwinked into believing that our paper currencies are 'as good as gold'. Nothing could be further from the truth. Originally, our paper currency was a receipt for gold or silver held on deposit. But since 1971, all world currencies have been fiat -backed by nothing of physical value. Take a $10 bill from your wallet. Do you really think that the paper is worth $10? By the way, that's not the question for the competition...just something to ask yourself if you are new to this. Welcome to the Matrix...
Silver suppression by JP Morgan is going to end soon one way or another, but right now, below $20 an ounce - silver remains a gift. This is a race against time, not price. The mission is to utilize the remaining time we have left to buy silver cheaply in order to stockpile as much as possible. Robert Kiyosaki, Jim Sinclair and Stellaconcepts weigh in.
Even though everything in this video is in the public domain, most likely not one percent of silver investors and users are aware of what is contained in this important video. There is now five times MORE gold than silver plus the world is running out of silver. So why is the price of silver so low? Good question! Listen then draw your own conclusions.I thought I had covered everything of importance in part one but based on the much larger response than expectted and many important questions asked I failed to cover, a "part 2" was clearly called for. What else did I miss this time? Let me know please! I'll be happy to do a part three but will not repeat anything. I am preparing another video still on silver but not a part 3, It will be one most will not like but it must be said, Curiousity peaked? Stay tuned!
The Gold Dinar and The Future of Money The Islamic view of Gold Silver Fiat money and the monetary system
Abū Bakr ibn Abi Maryam reported that he heard the Messenger of Allah say: "A time is certainly coming over mankind in which there will be nothing (left) that will be of use (or benefit) save a Dinār (i.e., a gold coin) and a Dirham (i.e., a silver coin). [This prophecy clearly anticipates the eventual collapse of the fraudulent monetary system now functioning around the world.]
There seems to be little understanding of the role that a European-created money-system has been playing in delivering to enemies of Islam the capacity to engage in massive legalised theft of the wealth of mankind. Nor is there realization that those enemies have designed a monetary system that would eventually deliver to them financial dictatorship over the whole world. They have already succeeded in enslaving millions of Muslims (as well as others amongst mankind) with slave wages
and even destitution, while pursuing a sinister global agenda on behalf of the Euro-Jewish State of Israel. It is truly pathetic to listen to those who blame Pakistanis and Indonesians for miserable poverty in Pakistan and Indonesia.
"daho State Representative Phil Hart authored the Idaho State Silver Gem Act earlier this year which allows for the Idaho State Treasurer to issue silver medallions and make them available to the public; people may use them for any purpose they want and will have the option of paying their State taxes with the silver. The benefits of the Silver Gem Act are:
• Silver can be used as an alternative currency, outside of the banking system
• Jobs will be created in the metal refining industry in Idaho
• Silver- and gold- are a protection against inflation for both the public and Idaho State
The Idaho Silver Gem Act serves as a model that other states and local governments can use. If the bill passes, people can use silver with confidence because the government of Idaho will accept it, too. The Idaho Silver gem Act will also help to prevent possible federal precious metal confiscation."
JP Morgan and friends have been artificially putting the Gold and Silver prices down for so long, that the market is pushing it where it should be , James Turk says Phase II will start when silver hits 40-50. He states silver lags behind Gold, where gold is in the beginning of Phase II
Gold price of $1500?...$2000? Is that possible, and if so, how? According to Nichols it is possible because of Asia starting to buy more and more gold. Jeffrey Nichols (Sr. Economic Advisor to Rosland Capital) : In the short run i think we could see a bit of correction , but by the end of the year i think there is a good chance we see $1500 an ounce , and in the years ahead $2000 , $3000 and may be higher....the potential is really great, the gold market is very small market compared to world equity, currency and bond markets and even a small shift in portfolio preference away from those bigger markets into gold has a tremendous impact on the gold price ....., The world of gold investing is getting bigger and bigger , the Chinese the Indians , south east Asia are all hungry for the yellow metal and buying from that part of the world is gonna increase ...so that's a big plus...etc....