Saturday, October 15, 2011
Bob Chapman : I believe that JP Morgan Chase and HSBC which are holding 90 percent of the silver shorts have covered almost all of them , Period , now what are they going to do ? they are going to do what any person would do who is in the market to make money they are going to go LONG ....the short game is over when we will get to 50 dollars there will be no resistance because these guys will be long in front of you they'll make a pile of money and if it runs to $100 they will sell what they have got and they'll double it and go short they are going to go back to $75 , see you people out there can't think like a trader , I did it for 25 years , I know how the game works , and The Big Overhang in Silver is Gone that's why they delay the CFTC meeting from the 4th of October to the 18th gives them time to settle all their trades , so the answer to your question : BUY it is going one way straight right to $50/oz , same thing with GOLD it is going to go back up to $1923/oz and it is going to go through up to $2200/oz and it could happen within the next month , Gold might run to $300/oz by the end of February ...
Thursday, October 13, 2011
Wednesday, October 12, 2011
Tuesday, October 11, 2011
Monday, October 10, 2011
Sunday, October 9, 2011
it sounds like an astronomically large number from today's starting point the launch pad here however for gold to have the same value against the dollar in other words the number of dollars that exist what I am talking about is base money here which is the paper dollar basically , it's dollars in circulation plus the dollars that banks have in deposit at the federal reserve all redeemable in paper dollars , in order for gold to cover the same portion of currency supply in other words have the same value to those same dollars that it had in 1934 and in 1980 that's the price required $15000/oz , it will be just history repeating itself it won't be unusual whatsoever
Saturday, October 8, 2011
Friday, October 7, 2011
Thursday, October 6, 2011
Wednesday, October 5, 2011
Tuesday, October 4, 2011
Monday, October 3, 2011
Sunday, October 2, 2011
Saturday, October 1, 2011
Jim Rogers : “I doubt if it ( Gold Price ) will go to $2000 an ounce in 2011, it is more likely to have a correction which will last for several weeks, several months. It has been very strong. If it goes down some more, I would buy more gold as I have told you many times.”
“Not yet, but if silver continues to go down as we have discussed before, I will buy more silver too. Do not sell your silver, do not sell your gold unless you are a short-term trader, but anybody who is in this for a long term, silver and gold will both go much higher over the next few years.”
“It is panic, it is fear. When fear permeates a market, everybody sells, especially the last ones in, frequently have to jump out. They have raised margin requirements for both silver and gold. So that makes it more and more difficult for people to hold on.” - in ET Now
Friday, September 30, 2011
Thursday, September 29, 2011
Wednesday, September 28, 2011
Tuesday, September 27, 2011
Monday, September 26, 2011
Silver and Gold price slashed in trading following stock fall The powers that be seem to be conspiring to drive down the price of gold and silver. It starts with margin raises, and continues with major banks selling short to flush out the weaker players. Vomit blood and guts are all thats left of this train wreck. the plunge in gold and silver prices has taken place because of massive unwinding of positions across all asset classes. It is unlikely that precious metals will witness another up move in the near future.
Everybody is hypnotized and is dreaming the same dream and that is " Paper is Money" , a dream that was imposed on people with the Media and the education system , this does not make it money , , only Gold and Silver are Money , paper is a Currency that was created the first time to represent a deposit of Gold , if I was a central bank I won't accept any payment in paper , someday the people will wake up from the dream and realize that paper is just that paper and that GOD created Gold and Silver for the purpose to be money and a mean of exchange , the fact that 9 billion people are all dreaming the same dream at the same time does not make it real ....and that's my take about this , I tell you what I do , I go to my coin shop and I load in gold and silver as much as I can afford and I thank uncle Ben Bernanke for the unusual discount ...that's all folks
Saturday, September 24, 2011
Friday, September 23, 2011
Wednesday, September 21, 2011
Tuesday, September 20, 2011
Monday, September 19, 2011
Friday, September 16, 2011
Robert Kiyosaki, along with friend, and author of the Rich Dad Adviser Book, Guide to Investing in Gold and Silver, Mike Maloney, explains w...
The Gold of The Rothschild : historically the Rothschild family wealth is hidden in underground vaults , The Rothschild secret wealth ...
CNBC is now reporting that Gold may top $6000 an ounce along with silver at $600/oz in the near future caused by the banks failures and the...
Iran to sell its Oil for Gold ,what will you have real money in gold or silver or fiat promissory note that looses value daily ! Gaddafi t...
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Gold dropped below $1,661 this morning so why in the world is going on ? Expert Phil Streible says that it is mainly due to the liquidation...
Silver guru David Morgan who predicted recently that he sees Silver doubling in price in 2012 ( going to $60/oz) is interviewed by Max Ke...
Fed's attorney Scott Alvarez boldly admits that the Federal Reserve has no Gold whatsoever backing the US Dollar : "The Federal Re...
Gold and Silver went up 500 percent during the 2001 Economic Collapse in Argentina , during any economic collapse people go back to the re...
Max Keiser takes on Jon Nadler of KITCO Nov 2006: Jon Nadler predicted gold average to be $800 per ounce for 2010. The 2010 high was $...
Financial Blog List
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