Sunday, May 8, 2011

Mike Maloney explains the Silver Pull-back

Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Andy Gause : 50 percent of the Silver Market was speculators

Andy Gause - Jeff Rense 06 May 2011

Andy Gause : 50 percent of the Silver Market was speculators



Andy Gause : the CME changed the rules and they changed them 5 times ..50 percent of the Silver Market was speculators...JP Morgan is short 200 million ounces , many people who thought they owned silver turned out they own nothing and the money is gone....

Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, May 7, 2011

Mexico sells US dollars and buys gold bullion

The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values ​​close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9

Gold Fever - California Cat finds large GOLD Nugget !

Cat Ivan has been mining gold nuggets for some time, this one was the most precious of them all 9.9 ounces of Gold that's fantastic .Europeans flocked to California from all over to strike it rich from the gold rush.the California Gold Rush from 1848-1853

Jim Cramer : Gold is a currency not a commodity

Jim Cramer : Silver Silver Silver that's all anybody seems to be interested in everywhere i go. it's the hot button on twitter @jimcramer. holy cow, check that out. it was the major focus of panel i was in new york city last night about precious metals. it's what i hear in the street and it's in my e-mail box constantly. first, let me just say when it comes to precious metals, i like gold. I've liked gold for ages. and I'm not changing my posture now. i think it's a currency, not a commodity. thing is a demand and not enough supply. when demand soars, particularly from central banks. we learned mexico is buying. while supplies stay the same, prices go through the roof. you know my order preference. i like bullion the most, then the gld, the gold etf, what it trades at. and only after that would i go for the stocks of the gold minors. my favorite is goldcorp gg for you home gamers. we heard from last night. a good story. since i like gold, i haven't felt the need to get behind silver because as my friend tom caplan, a legendary metal investor put it silver is gold on steroids. I've got enough problem with the volatility of gold whom. needs silver. you disagree? look at the monumental collapse in this metal. silver is a poor man's gold with industrial exposure they don't need at this point in the cycle. even worse, silver has been overrun by day traders using ETFs. and that makes it too hard to game or even speculate on where the price will be a day from now, let alone a week or a month or year. so my bottom line on bimetallism is this. i like gold. silver is too hot to handle. i'm simply taking a pass. stick with gold. don't crucify your portfolio on a cross of silver. stick with Cramer.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, May 6, 2011

The COMEX manipulating the silver Market

The COMEX manipulating the silver Market , The CME increased margins 5 times! this is forcing investors to sell , they raised margin requirements from $9000 to $21000 in five days ! there is no small investor that can handle that so they are all wiped out ,Guys like George Soros and Carlos Slim are dumping paper, not real. They never had any to begin with....Its all just blips on a screen and some day soon, we will hold the worlds real wealth....



We must remember the drop in the silver price in 2008 from $21 to $9. That drop was a higher percentage than the one we have currently experienced. Like the increase we have seen from $9 to almost $50, imagine the increase we will see from say $30?!?!? I think the paper is easier to track than physical. In the physical world, premiums are getting higher, many online dealers are running low on the popular coins. As far as suggestions, everyone has their favorites, you can buy government mint coins at a slightly higher premium, or you can just buy generic rounds as long as it's at least .999 silver. Most of us seem to go with Silver Eagles and Canadian Maples, but you're good as long as it's pure silver. And junk silver.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Cramer, this sell-off is about market mechanics, not the fundamentals,

COMEX Silver for May delivery dropped another $3.152 per troy ounce Or 8% to $36.23
Jim Cramer : all things gold and silver got pounded again today. as people who bought them with borrowed money were force the to put up more cash or get blown out of their positions. something i have been warning you about all week. this sell-off is about market mechanics, not the fundamentals, so i'm not backing away from gold as a fantastic long-term money-making theme. you need to have gold in your portfolio. now that it's begun to pull back and pull back hard, it's time to consider building a position slowly if you still don't have any exposure to the shiny stuff. remember, my playbook is simple. i like bullion, actually gold bars.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

David Morgan Silver long-term bull market remains stable

David Morgan : all market come down faster than they go up , the fundamentals have not changes the bull market is still there as long as these governments keep on printing money the pressure on gold and silver to go up remains



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, May 5, 2011

CME margin Silver Margin requirement Increases cause the silver price crash

Silver Margin Increases Shake Out Main Street 5/5/2011
Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.


busy market day after an enormous rally. silver selling off. the precious metal down bet tlaern 20% just since monday when margin requirements were raised. who is cashing in on this decline on silver ?margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Andrew Gause on The Silver CRASH

Andrew Gause monetary historian explains the silver crash , how the CME caused the collapse in the silver price , a lot of speculators decided to sell because they did not have the extra money the CME was requesting



Andrew Gause ,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.

Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future ofmoney

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

The Gold Dinar behind the war in Libya ?

Could it be that the intentions of Gaddafi of introducing the Gold dinar and using it to sell his crude oil  , could that been the real cause that triggered the war in Libya , Gaddafi was urging the African nations and the Arab league countries to introduce a unified currency backed by gold called the Gold Dinar , which will be used instead of the US Dollar in oil and commodities trade , that would have been a death sentence of the US Dollar which is backed by nothing . Libya has 144 tons of gold....



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

The Gold Standard Returns ?

After other countries abandoned the gold standard in the early days of the Great Depression, the Hoover administration stayed on in, even though doing so may U.S. goods less competitive. Franklin Roosevelt effectively abandoned the gold standard in 1933. He returned to a modified version of it the following year but with the price of gold raised to $35 per ounce. After WW2, the Roosevelt $35 price became enshrined in the Bretton Woods international monetary system until President Nixon ended that system in 1971.


Lewis Lehrman Former Reagan Monetary Policy Advisor explains why no matter how many billions of dollars Congress cuts from the federal budget, we won't fix our deficit until we return to the gold standard.inflation is a direct continuation of what's fundamental under a fiat currency model establishment where monies are printed with no backing.
Paper money is not just a mere userfriendly substitute for gold, like it is portrait to be and teached in schools; this is a dirty lie. Paper money is a means for power institutions (states, banks,..) to steal your valuables or fruit of your labor by imposing a fantasy trade item of wich the value they manipulate as they wish. They can do this because violence is inherent in this system and all of humanity is oppressed by these institutions. Yes the world has changed; now we all are slaves


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers : I hope I am smart enough to buy more silver

Jim Rogers told CNBC this morning about the silver trade : "I do know that silver went up 25 percent in a month and that can’t last so that’ll have to come down," "I hope we have a pull-back, I hope it goes down for a while, it’ll be good for the market," "In 1987 stocks went down 30 to 40 percent, smart people went in a bought more. If it goes down I hope I’m smart enough to buy more silver."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, May 4, 2011

Mexican Billionaire Carlos Slim Selling Silver

Mexican Billionaire Carlos Slim Selling Silver



here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Peter Grandich Gold can get to $2000/oz and more

Host Tekoa da Silva speaks with Peter Grandich about his accurate call of a top in silver and gold within an hour . Silver price sharply dropped to $39 from its high of $49 last week , Peter Grandich is more bullish on gold than he is on silver for the long term , gold being a better monetary metal that is silver according to him...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver Under Pressure

Jeffrey Christian, CPM Group :....we have been saying for some time we thought gold and silver could hit cyclical peaks in the bull market in the period march, April, may of 2011. it appears to us we are hitting our cyclical peaks. there could be more strength into june and july. this is a cyclical topping in our view and from a longer term perspective, gold and silver is extremely attractive. they'll be much more attractive in july and august if prices come off as we would expect.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver bullion at the cheapest - US Dollar Now Crashing

US Dollar Now Crashing & buy the silver  Dip NOW! silver bullion is at the cheapest you may ever see it again, do NOT hesitate, get out and buy some more now! ...if you sit around and wait for it to go lower, you may be caught by surprise when it quickly rises back up again.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, May 3, 2011

John Stephenson $60 Silver before year end 5/3/2011

John Stephenson sees $60 Silver before the end of the year , John Stephenson, First Asset Mgmt., says there could be more downside to go before the slide in silver ends but he is still bullish on silver matter of fact he sees Silver at $60 before the end of the year .Despite Silver sees its biggest drop in two years the fundamentals for an upside move on the long term are still there namely an excess of liquidity chasing the few commodities that are on the market


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Why The Gold, Silver Downside Slide ?

Precious metals Gold and Silver got pummeled today with gold and silver taking a sharp turn to the downside, with CNBC's Sharon Epperson.Silver still have an unbelievable potential to the upside says Michael Seery Emerging markets continue to buy silver as uncertainty hedge , the US dollar will continue to plunge that's a fact



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Still a long term bull on silver

This is a healthy pull-back in silver prices a golden opportunity to buy more silver at these prices , this opportunity is probably never going to come back again...Anthony Neglia, president of Tower Trading, reveals why he's still a long term bull on silver and how he's trading the recent volatility and margin hikes.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver has still a long way to go

Silver has still a long way to go , this is a great opportunity to buy , I bought a week ago at $46 and I am buying now at $41 I trust experts like James Turk Mike Maloney and Bob Chapman , all agree that the price of silver will shoot up and up once it crosses that psychological barrier of $50 , how could silver be in a bubble when not even 1% of the population owns silver ??? I live in a huge north American mega city and the whole City has hardly 3 to 4 coin shops selling gold and silver to a population of around 6 millions when we count the suburbs most people have never heard of gold and silver coins so i wonder how come some dare to talk about a bubble when roughly 1 percent of the population only owns some kind of silver ?


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 2, 2011

Gold and Silver Fundamentals still strong

Gold hit a new record in Asian markets to $ 1,577.57 an ounce but then fell to $ 1,548. The silver plunge 11% to $ 42.67 after touching a new high at $ 44.34. , the fundamentals for both silver and gold are still rock solid according to most analysts , this is a healthy correction gold and silver are going to go one way and one way only and that is up up and up for thenext months and years...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver Drops 12% In 11 Minutes !!!

Silver prices fell sharply Monday after CME Group increased the amount of cash needed to hold speculative positions in the metal.( MarketWatch reported today )
this is a healthy pull-back in silver rally ,the markets will continue to short the US dollars and long the commodities , Peter Turville-Ince, head of commodity & equities strategy at Compass Global Markets, thinks that the pullback in silver is only temporary and is still bullish on precious metals in the medium term. , Peter sees the silver at $70 , $75 before the end of the year ...this pull-back is a great opportunity of physical silver buyers and hoarders like myself


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Why did Silver price Slip today ?

Michael McCarthy, chief market strategist at CMC Markets, believes silver has entered the "blow-off" phase of the bubble market and prices will stay volatile.I beg to disagree with McCarthy , what we saw this morning was a healthy correction the price of silver is what it was just a week ago , the fundamentals are still fantastic and I expect the silver to end at $50 by the end of the month...today's dipp is a great opportunity for buyers to go and get more physical silver...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 1, 2011

Silver & Gold red hot

Silver & Gold Hit Record Highs , Precious Metals Market red hot again as the dollar continues to slump , Traders are saying there won't be a let up in metals until the dollar starts turning around, with CNBC's Kayla Tausche.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, April 29, 2011

John Rubino : Physical Gold and Silver are the only real money left out there

John Rubino : we have a world that is awash with liquidity right now and that money is chasing the assets that are already moving so now they are flowing into commodities because that what was going up the most , hot money chases growth and gold and silver are prime beneficiaries of this there are the only real money left out there everything else is paper and people start to figure out we are destroying the paper currencies of the world so they are snapping up physical gold and silver at unprecedented rates and so you seen both of these metals at record levels right now , I would expect a correction at some point says John Rubino




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Weak dollar pushing gold and silver higher

Momentum Is Still With Silver and Gold , silver hits an all time high in 31 years at $39.50 , gold hits a new record at $1537 , the bull market is set to continue all the fundamentals look good .... Jonathan Barratt, managing director of Commodity Broking Services says silver prices could pull back after hitting $50 level.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, April 28, 2011

Gold Hits Another Record High

A record high for gold and the decline of the dollar : Gold prices increased 2.4% in first quarter : The sharp decline of the dollar boosted gold's gains
Gold prices continued to break record highs on Thursday, benefiting from the steady decline of the U.S. dollar at its lowest level since July / July 2008, after it became clear that the United States will keep its monetary policy as is.
Gold in the spot market Has reached the highest level ever at U.S. $ 1532.91 per ounce (ounce equals 28.25 grams), which is a ninth record high in nine sessions, before easing slightly to the price of $ 1530.80 an ounce."The American population is just now beginning to realize that their 401k turned into a 201k and we've got to have something to counterbalance the typical cash stocks bonds," Michael Haynes, CEO of American Precious Metals Exchange told CNBC




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Willie : The Dollar has a cancer called QE

Jim Willie : IMF plan to introduce the SDR but that's just a fancy name for a basket of major currencies the dollar the Euro the Yen and the British Pound , imagine if they try to use this basket as a global reserve banking currency , they think that this will fix the problems that the dollar has , because the dollar has cancer it is called QE
...they gonna fail miserably and this means that the price of commodities will continue to rise uniformly gold silver cotton crude oil all of them in uni-sense



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Peter Grandich : Profits taking on Silver

Peter Grandich on taking profit on Silver , Intermediate top may be play according to him , this interview was done by contraryinvestorscafe on Apr 27 2011 ...Peter Grandich recommends taking profits on silver at $50 an ounce , personally I disagree and I trend to go with what James Turk and Bob Chapman are recommending buy keep buying and stay long this market will go ballistic from now on with few corrections here and there that you should use for purchasing more....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, April 27, 2011

Gold, Silver surge on FED announcing Quantitative Easing 2.5

Gold, Silver surge on FED announcing Quantitative Easing 2.5 , the Fed's FOMC announcement today propelled the price of gold and silver further with gold reaching another all time high of $1527 so far , all of us gold and silver hoarders should really thank Mr Ben Bernanke cause anytime he shows his face on national TV with new announcement the gold and silver prises surge , again and again thank you Mr Ben Bernanke....

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, April 26, 2011

James Turk : The Dollar on the path to Fiat currency graveyard

James Turk & Chris Waltzek - Goldseek Radio April 26, 2011

James Turk of goldmoney.com : I am anticipating a waterfall decline of the dollar in not a very distant future , as we are getting close to June when the FED have to decide whether to stop the Quantitative easing or stop it , but the reality is I do not see how they can stop Quantitative easing says James Turk , giving that the politicians in Washington continue to spend like there is no tomorrow that debt got to be financed somewhere and it is going to be financed by the printing press that's very very inflationary , ...the silver remains in backwardation where the spot month is higher than the future contracts in December 2015 and that's about a 65 cent backwardation which is very very rare event but it's an indication of how tight the physical market is






Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Rob McEwen, Gold to go to $5,000 an ounce

Today again not only did gold hit another record above $1,500, we're at 1,510 right now. just for the past month gold up nearly 6%. But could this precious metal reach $5,000 an ounce in the next few years as forecasts Rob McEwen, US Gold Corp. CEO ? .



Rob McEwen, is chairman and CEO of u.s. gold, is forecasting gold at $5,000 an ounce in the next three to four years. : " ... we've seen it in the last 110 years happen twice before and this is the third time that gold is a favorite asset relative to equities and other assets. in terms of -- in times of financial stress, you have people going towards the precious metal. " " ... we've had 30 years of credit expansion of the likes we've never seen before in the world. and currencies have been the base and gold is money. it's the ultimate currency. and that's why people are starting to move to it. but you only have about 1% of the financial assets in the world represented by gold right now "

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

A big silver correction coming ?

A big silver correction coming our way , hopefully so , so that I can buy more and more silver ...


James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Huge Gold Nugget found in California

Huge Gold Nugget Ignites Gold Rush . a 35 year veteran geologist found a $460 000 nugget in California he refused to sell it and decided to return to the same spot where he found it in search for more gold nuggets , this may trigger a modern day gold rush especially with the prices of gold exploding to new highs everyday ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, April 25, 2011

David Morgan : In an Inflationary Scenario Silver is the place to be

David Morgan ..what's happening is reflective of the currency problems the dollar particularly cause it is still the reserve currency of the world , Silver is under fire for quite sometime increasing by almost a buck or more a day David Morgan explains , uncertainty in the market distrust of the US dollar are going to propulse gold and silver prices even higher , the dollar as any other FIAT currency is going to collapse,  what is worrisome is that the US Dollar is the world's reserve currency ...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

James Turk once we are over $50 silver there is no more resistance

James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver continue to surge

Gold hits a yet another all time record high today , while silver surged more than 5 per cent to within a whisker of its all-time peak of 50 dollars an ounce ,Silver hits 49.82 oz only 50 cents from the all time record of 50.35 dollars an ounce marked January 18, 1980. At the New York market and the futures contract jumped to $ 49.82, just 50 cents from record high. Since the beginning of this year the Silver sees an increase of 60%. as the dollar continued its free fall and inflation continues to worry , experts see more room for upside moves for both gold and silver in the coming weeks and months ...


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, April 24, 2011

Universities start Investing in GOLD

The University of Texas have chosen to invest in physical gold instead of the risky gold certificates , the total investment is of 6000 ounces of Gold with a market value of about 1 billion dollars ...more universities and other institutions may follow the university of Texas steps...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

A million dollar in Gold fits in a briefcase

Gold is very convenient to transport , matter of fact one million dollar in gold could be carried very easily in a small briefcase ...A million in gold in this briefcase : It doesn't take much gold to get to a million dollars anymore. In
fact, that you can carry it in a small bag.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

The secret behind The Gold, Silver rallies ?

The Fundamentals of Precious Metals Investing with Jerry Robinson and Tom Cloud
The spike in prices of gold and silver has surprised many. At the same time, there are ways to make money on the rallies in both these metals.Trading sentiments for the yellow metal turned bullish on heavy buying support, following turmoil in Libya and surging crude oil prices. While gold surged to more than $1500 an ounce on rising seasonal demand, silver rose to $46.72 an ounce on heavy buying by stockists and industrial units, amid firm global cues. However, such a rise has hardly made any difference in the enthusiasm of the buyers.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman explains the explosion in Silver prices

Bob Chapman explains the explosion in Silver prices

Get into gold and silver says Bob Chapman , he himself just bought some yesterday it is not late and at this prices gold and silver are still very very cheap , JPM and HSBc are gonna have a decision at $50 an ounce silver either partial default or total default or a bailout from the Federal Reserve. Gold is going to break out here and is going to go to $1600 , $1650 , silver is another situation , the unusual situation is that JP Morgan Chase and HSBC are short 45 to 1 , that means for every contract they have in silver they sold 45 and there is thousands of them , they're naked short they can't get out they can't buy back into silver which keeps on going up , 3 things can happen here , they either can tell their clients we do not have silver and we are going to pay you 25 cents on the dollar or they can default in complete in other words what is called a force majeure or the federal reserve can step in and cover their losses ....at 46 dollars a share their losses are about 90 billion dollars
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, April 23, 2011

The gold rush : small investors flocking into gold

Small investors start flocking into gold and silver as The US dollar is in trouble. Inflation and debt have a nation in the choke hold. We can get out but not with our FED's current monetary system of fractional reserve lending. Our economic system is designed to drive us further in debt. Abolishing the Federal Reserve and returning to sound money will solve 90% of this country's problems. It used to be very difficult for private individuals to find a simple, cost effective and secure way of buying, storing, and later selling gold, Not anymore now you can buy gold even from ATM machines in Florida and Las Vegas .Investing in gold and silver will protect your assets from the inevitable collapse of the dollar.The Eonomy is growing again says Obama , believe it ...





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, April 22, 2011

David Morgan whats driving the Gold and Silver Rally ?

David Morgan on The Financial Sense Newshour 22 Apr 2011

Silver guru David Morgan explains what's may be driving the gold and silver market rally , the COMEX and the FED could conspire again in order to bring the silver price down



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold Bars - with Tungsten Cores

Gold Bars - with Tungsten Cores , be careful what you are buying , this is not meant to scare you , but just to make you aware of the fact that there are some fakes out there , last week when I heard that some silver pesos fakes were calculating I grabbed mine to my coin shop and exchanged them for some Canadian maples that I can trust

It's wonderful, one can't trust anyone at this time, especially the US government,We, the average people, are slipping back into our historical role as slaves.Stop borrowing money. Stop enslaving yourself to anything that sends you a bill. Stop spending your money with any multinational corporation. Start growing food and baking at home.The fractional reserve banking system, money multipliers and ETF policies finally become exposed for what they are: legalized fraud. Before the banks there was no inflation; I wonder when the general public will become aware of the fact that the entire financial system is one huge scam.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold Soars while the Dollar collapses

Gold hits the all time record high of $1510.32/oz on the Asian markets, rising 1.3% in just a week , Gold rising in Asian markets, where it updates the record for $1510.32/oz : the gold for immediate delivery touched $ 1,510.32 an ounce mark. This week, the precious metal has scored a rise of 1, 3%, the third consecutive weekly increase.Gold is durable divisible consistent convenient and has intrinsic value said Aristotle 2000 years ago , Gold is money always was and always will be..




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, April 21, 2011

Silver going ballistic

Silver going ballistic : Is the dollar drop fueling corporate earnings. The dollar index falls to its lowest level since August 2008 . Also, a discussion of tech earnings from this week, is the dollar broken for good, how high can silver go.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bill Still vs The Austrian School of Economics on Gold and Silver Standard

Bill Still says that all the Austrian economics have correctly identified the problem but they have misidentified the solution because they believe that a return to gold backed money or commodity backed money or some combination of commodities for backing money will effectively control the quantity and break the back of the FED it's just not true says Bill Still (and I do not agree with him here ) Mr. Still is an author and documentary film maker, best known for his documentary "The Money Masters" and his his latest documentary film "The Secret of Oz." where he covers the history of money and the Federal Reserve System.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Marc Faber the Gold is not in a Bubble

Dr. Marc Faber speaking recently with CNBV TV18 from India says that Gold  is far from being in any form of bubble , cause In gold and silver terms, Faber said , the Dow Jones over the last 10 years has already lost more than 80% of its value. "If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hrs a day. But I don’t think it’s really a bubble. I think may be gold is cheap."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, April 20, 2011

Silver and rare earth are going to be in tremendous demand : Stephen Leeb

Stephen Leeb on Goldseek Radio 20 Apr 2011

...what I am more concerned about to be honest with you is what going on with Silver market and rare earth market says Stephen Leeb these markets are up more than 30 percent since the Japanese Earthquake and the nuclear accident , I do not think it is coincidental I really think it is recognition that silver and rare earth are going to be in tremendous demand because they are central to renewable energy , and if the nuclear is going to take a back seat even in China where they will still go forward pretty aggressively with nuclear they're really got to be more conscious of the risks that means a lot more solar a lot more wind a lot more rare earth a lot more silver , I would not be surprise that the Chinese are behind the Silver market move Stephen Leeb added ...or a major part of it , if that's the case I would guess the silver will go much more higher ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold above $1500 an ounce and rising !!!

Gold above the USD 1,500 an ounce mark for the first time in history . James Steel chief commodity analyst at HSBC gives his insight


James Steel believes that it is pretty much on the investment side where the demand is booming : It’s very much on the investment side. When I first started looking at the gold market, the bulk of consumption was in the jewellery market. So it went physically towards someone owning gold for adoration around the neck or finger etc. The theme in the last several years, particularly, since the crisis began to hit what started out as a subprime mortgage crisis in the middle of 2007, the shift has been very much towards investment and less towards jewellery.The percentages of gold consumption for jewellery have dropped while investment has risen. That’s because the price has risen and that has pushed some people out of the jewellery market followed by the fact that a decline in luxury goods, consumption when you get an economic crisis followed by the increased portfolio diversification demand for gold. We definitely have seen a shift in the buying pattern for gold.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold prices hit a new record high

Gold prices hit a new record level when the $ 1500 an ounce mark was reached for the first time in the history of the precious metal .
The rise comes after the credit rating agency Standard & Poor's for the first time reduced the long-term debt rating of the United States from stable to negative, and as the depreciation of the dollar against major currencies continues.
And comes amid growing fears about the worsening U.S. fiscal deficit, and the crisis of European sovereign debt.
One of the issues that have contributed to the rising prices of the yellow metal in recent months, are the middle east revolts erupted, which caused a large rise in prices of raw materials in general, including crude oil and grain, which led to raise fears about inflation and rising prices.





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers Silver will get triple digits this year

Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, April 19, 2011

GOLD HITS $1500

Spot Gold prices rallied toward record highs approaching the $1,500 an ounce mark today amidst inflation concerns in China the dollar decline, rising crude oil prices unrest in the middle east , worries about sovereign debt problems in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9 At the New York market.While In London, prices are stable at $1493.9 .Gold is still far below its all-time inflation-adjusted high, estimated at almost $2,500 an ounce, Many experts see Gold hitting the $2000 mark before the end of this year. Silver was quoted at $43.11 an ounce against $42.99, having earlier touched a new 31-year high at $43.51 an ounce. Silver has been the best-performing precious metal so far this year, up 40 percent since January.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

David Morgan : The Collapse of The Dollar

Economist Silver Guru and author David Morgan reenacts a dramatic scene from the Movie ROLLOVER (1981) a frightening worldwide currency crisis that may as well happen in our time probably very very soon , this movie is amazing quite prophetic knowing that it was produces back in 1981 , in the movie the crisis was triggered by the arabs withdrawing all their money from US Banks , the dollar become worthless paper gold price fly to the moon , David Morgan quotes Warren Buffet calling those derivatives Financial Mass Destruction

Monday, April 18, 2011

Gold chasing the $ 1,500 mark

Gold Rally has touched today the psychological threshold of $ 1,500. In New York quotes splashed to $ 1,498 after the S&P Standard & Poor's has revised to 'negative' its outlook for the United States economy .Gold, has a strong correlation with the greenback and crude oil, The Dollar is weak and the crude oil is heading to $150 (according to analysts ) all bullish signals for the Gold . there is also the demand from emerging markets for the physical gold as multi-trillion dollar foreign exchange reserves from emerging economies chasing spot gold markets which fare in billions of dollars. The percentage of reserves in gold of emerging economies is still 1.5 to two per cent of their total reserves.Silver prices also continue to move higher

Marc Faber on Gold : Physical assets vs Miners

Marc Faber, editor & publisher of "The Gloom, Boom & Doom Report" talks about his preferred ways to invest in gold  " well basically I do not think that people should punt on Gold but they should be their own central bank and gradually accumulate gold reserves as a currency and they should basically hold it physically but not in the US outside the US " " I think there is the risk that the US will once again as they did in 1933 collect the gold expropriate the gold they will not take away and not pay anything they'll pay probably the market price and after they will revalue it it by say five times "

Sunday, April 17, 2011

Gold & Silver Rush Has Begun amongst Billionaires

"Silver And Gold Hit A New All-Time High Price" Thanks To Dollar Collapse Gold hits new all time price and Silver hits a new 31 year high price. The steady collapse of the U.S. dollar will continue to make silver and gold rise as it will take more paper money to buy them.

Mike Maloney for the first time in human history silver is more rare than Gold , the amount of silver that investors can buy , the amount of silver in the exchanges , the amount of silver in the dealers , there is more gold for investors to buy than there is silver so as this bull market progresses I do expect a rush into silver as people find out that silver is more rare ....

Saturday, April 16, 2011

Silver in the hands of the people

Silver in the hands of the people Silver as Money : Summary of the lecture given by Hugo



Salinas-Price President of the Mexican Civic Association for Silver in January 2011," How to monetize silver so that it can circulate permanently in parallel with paper and digital money" the last bubble is world's currencies , all currencies in the world are fiat currencies and they are all derivatives of the dollar , which is itself nothing but a piece of paper ,The silver coins will outlast any central bank

The first conditions to menetize one ounce coin silver are :
The coin shall not bear an engraved monetary value.
The Treasury will attribute a quote, a monetary value in pounds to the ounce.
The quote will serve the same function as an engraved value.
when the coin has an engraved value it's condemned to go out of circulation
The last monetary quote given to the ounce by the issuer must not be reducible.
Just as is the condition of present British pound coins and bank notes.
If the quote is allowed to fluctuate in value downward, according to the price of silver, then the ounce will not be currency: it will continue existing as a commodity
Silver money will remain permanently in circulation and will never be at risk of disappearing due to a collapse of the banking system.

JP Morgan is an arm of the FED ?

JP Morgan is an arm of the FED says Daryl Bradford Smith of the French Connection : I guarantee by September of this year you won't recognize America or Europe things are going to get desperate because this financial nightmare is just exploding now , one of the things that's gong to happen and this is in the banking industry which is their crime wave , The price of Silver has reached over forty and I know when silver goes over fifty JP Morgan will owe over 600 billion in short position , but guess what they have been doing clandestinely and this is why I know that JP Morgan is an arm of the FED that they are the FED , everybody thinks that JP Morgan is a private consortium , it is as private as the FED is private they are all owned by criminals , these criminals work together and the simple fact is their short position trying to hold silver in check is going to explode on them and there is nothing they can do about that explosion , in the last 3 or 4 weeks they have been net buyers of silver , JP Morgan was trying to buy its way out of this rising silver prices , when it gets over 50 they'll walk away from these short positions ...

Friday, April 15, 2011

David Morgan : The Budget cuts are a farce

Silver guru David Morgan and Premium Exploration President Del Steiner setting with Al Korelin to discuss the budget cuts , the ongoing U.S. financial crisis and how these woes have created the perfect storm for Gold and silver which prices are expected to shoot to the moon .



David Morgan : ..."...we are having a budget deficit situation that unsustainable in fact at this point in time it is mathematically impossible to pay it off , and when you look at the budget cuts they're meaningless " " These budget cuts are absolutely a farce relative to the amount of deficit spending that's going on in this country for so long "

Thursday, April 14, 2011

Gold to Rise to $2,200 on Chinese Inflation

Rising China's Inflation is creating an unprecedented Gold Rush amongst the Chinese citizens , The investment demand in gold from China is literally exploding with China becoming the second largest inv. market for gold after India ,Commodities are entering a period where you have to distinguish between industrials and gold or silver. It's a different fundamental story with grains, however, says Brian Kelly, Kanundrum Capital who see $2,200 Gold on the horizon... Silver will certainly follow...

Gold at New Record High , Silver at 31 years Record High

Gold and Silver
New record for gold, which breaks through the ceiling of $ 1,478 an ounce. Concerns about the debt crisis, inflation and the fluctuation of the greenback are pushing the precious metals to new highs Gold touched 1.478.00 in New York. New rally for silver, which exceed forty two dollars per ounce, reaching its highest level since February 1980.the Silver market is literally on fire as it has gained almost $8 an ounce in less than a month !

Bill Murphy : Silver Shorts are in panic

Bill Murphy of GATA Goldseek radio interview 14 Apr 2011



Bill Murphy they (JP Morgan ) do not have the physical silver to deliver against their short positions they are trapped and they will likely have a panic ,....according to Bill Murphy the real spectacular demand for silver is going to come from investors rather than from the industrial demand because gold becoming mre and more expensive a lot of people can't afford it , so the poorman's gold becoming ever more important and people are starting to pour into silver because they cannot afford Gold the silver gold ratio could shoot to ten to one according to Eric Sprott , the shorts are trapped and JP Morgan they played this derivative game on the short side and what happened now is that they hit the wall , they do not have the physical silver to deliver and the longs know it and that's why these silver rallies are very brief and the market comes right back again "we have a panic coming and it could come at any time "

Wednesday, April 13, 2011

Clients want Physical Gold says CEO of Swiss Precious Metals

Jean-Francois Pages, CEO of Swiss Precious Metals, says clients have become aware of insolvency risk after 2008, increasing demand for physical storage of gold .the difference is between holding tangible gold or paper asset where you have only a claim after 2008 crisis most of the clients are aware of the insolvency risks of the system and have developed a mistrust of paper currency and fiat money ...
he calls his kind of storage a very special segregated storage , where clients are sure to have their precious metals stored and with no double ownership and a guarantee they they can have their metals anytime they ask for them his price are 1 percent per anum of the market value of the gold that is deposited and these fees also include complete insurance coverage , Jean also says that he does not deal with silver as the value of silver makes it not interesting in terms of storage ...

Bob Chapman explains the Silver Short Squeeze

Bob Chapman the International forecaster explains how the gold and silver market is manipulated by the government and JP Morgan




Bob Chapman : ...your government the treasury department and the federal reserve under the executive order of august 1988 signed by Ronald Reagan the president working group and financial market in in there rigging the market you don't have a free market in America anymore you have a corporate fascist government and they do anything they feel like doing , and they are in here rigging that market , they have been rigging the gold and silver market or attempting to do so since 1988 , it will last 2 to 3 days and the market will go back up again cause it cost too much far beyond what they want to achieve says bob Chapman ....

Tuesday, April 12, 2011

Silver Wheaton CEO the Bull run in precious metals to continue because people have lost faith in paper currencies

Silver Wheaton 's CEO the Bull run in precious metals to continue because people have lost faith in paper currencies



Randy Smallwood, CEO of Silver Wheaton, the world's largest reseller of silver, : " whether we talk about the price of silver, a lot of people are talking about this as being a bull market in precious metals. i think it's a bear market in paper currencies. we all know about sovereign debt issues and such. i see continued strength in commodities and specifically precious metals as a store of value , I don't think that's changing I do not see any thing that has changed , you know we were talking about a bit of a set back in couple of days I haven't seen anything that is changing on the other side of the equation i.e. I wish we had more faith in paper currencies "

David Morgan : raw gold shortage in China

David Morgan on raw gold shortage in China interviewed by kitco news


David Morgan who has spend some time in China says that the Chinese people are mostly accumulating paper gold not physical this is quite surprising , China is now considered the world's largest producer of gold.But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times.CHINA GOLD IMPORTS JUMP! 500% China had plans to increase its gold holding in its foreign exchange reserves. China wants to get its 3,000 tons of gold off the market, so as to not drive the price up.gold sales in China is not slowing down. On the contrary, it is surging Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.

Monday, April 11, 2011

Gold and Silver Will Correct Further says Phil Streible



Phil Streible, senior market strategist at Lind-Waldock, says that $1,500 gold and $45 silver are still possibilities but that both metals will correct further
gold silver ratio start to rise again on that has been. Sorry about that severely bad it -- down you know that while the 34 range power -- culture that thirty day we should be dead. Debt spread chart and -- it yeah. On golden copper prices and very far away from both major moving averages and if it is moving average gold on -- in no way I would even worse that -- at 34 dollars so I think the default all quite quickly.

Silver price doubled in the last 12 months

Silver prices at 31-year high , silver hit a new 31-year peak Tuesday as investors' desire for safe havens trumped news of a Chinese interest rate increase. the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.according to some experts like James Turk and Eric Sprott , the silver bull rally just started and we are going to see an explosion in the silver market in the coming months and years , this is the decade of the silver Eric Sprott calls it ,this is the biggest investment opportunity in human history says Mike Maloney

Max Keiser : Silver Skyrocketing, JP Morgan Getting Crushed

Max Keiser : Silver Skyrocketing, JP Morgan Getting Crushed


Film-maker, broadcaster and former broker and options trader Max Keiser talks about the financial situation in the middle east and how it's all controlled by the Global Banking Cartel.Max Keiser is one of the best sources of information out there in the media telling people the truth about economic issues. & JP Morgan is a big manipulator of the precious metals market specifically silver.SLV is a manipulation mechanism: JPMorguan is "trustee" custodian. They say all the silver is really there in the vault, but trusting the notorious naked silver short banksters with all that silver is kind of like letting the fox guard the hen house. Fox says: "All the hens are good." (in his stomach). YT user: endless mountain made a video on March 1, 2011: Chart shows SLV consistently goes down during trading in the west, but smart Asians buy up REAL SILVER at night! Manipulation Exposed!

Sunday, April 10, 2011

Andy Gause on the Jeff Rense Show

Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.



*European crisis manufactured to strengthen the dollar?
*When will U.S. produce needed jobs?
*What is the real story from Jackson Hole meeting?
*How to protect retirement accounts from USG takeover?
*Will gold and silver retreat before moving on?
*Why are Obama's bosses totally confused, or are they?

Gold is The only Money says Michael Ruppert

Gold is The only Money says Michael Ruppert , it has alays been since 6000 years ago and people will always turn to gold when the SHTF


gold is money based on the price of crude oil from 1950 to 2010.Money retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy.The US only has about 260 million ounces of gold.

At today's price, that only covers about $260B of debt.

The US national debt is more than $5T foreign debt, $5T domestic debt.

Thus the 260M oz of gold has to be spread over 5T or 10T not 260B.

Thus gold is worth much more than a few thousand dollars.

Going to the gold standard would be a massive transfer of wealth to gold holders and impoverish dollar holders.Nixon took the US off of Bretton Woods to save the last third, which is easy to see would be in the range of 250 million ounces.

Greenspan testified to Congress that the US does not trade in gold anymore.it's time for people to consider who they are as people and what they value as Americans.

It's time for people to stop identifying themselves by a political party.

it's time for people to prioritize and decide what is most important in their lives

the time to support Ron Pall has passed, and protecting Schiff would be like trolling the internet.

economically, farmers and those who know how to farm will be better off than everyone else.

The USD will soon be the new peso! OLÉ!

Saturday, April 9, 2011

Lindsey Williams The Gold and Silver Bull Run just started

Lindsey Williams The Silver Bull Run just started



Lindsey 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 reveals new bombshell information . In 2009, Williams talked about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. If you think that Gold and silver are expensive now , you have not seen anything yet says Lindsey Williams , gold and silver are the currency of the elite and anything on a paper (fiat money bonds stocks ) is worth the paper it is written on . Gold production is decreasing due to few great Gold mine discoveries. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
The US might want to push the price of gold up in order to cover there dept which is at around 14 trillion !
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, (241, 207, 076 oz) the US gold holdings are worth approximately $337.67 billion. This massive gold reserve would have to increase 40 times just to cover the dept !! That’s $56,000 a once.

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