JPM & HSBC joined us in Longing Silver says Bob Chapman

Bob Chapman says that JPM & HSBC have now covered their shorts in Silver and are ready to long gold and silver , so expect the prices to shoot to the moon if not further , the owners of the FED who were short gold and silver particularly Silver they decided to take gold down but it kept coming back again but they covered all their shorts , silver short positions dropped from 65 000 to 18 900 says Bob Chapman , so expect them now to go long , they have joined us that means there will be no resistance for gold after $1900 and for silver at $50

Bob Chapman : Buy Gold and Silver NOW

Bob Chapman is saying JP will sell short once it hits $100 sending it to $75. Long Term holders keep holding and get in now. Every week a few. JP is going to let the band go! Up Up and away. Chapman is a good man and before retiring was in the Metals business for 30 years. All this game has ever been about from the beginning is - 1. Understanding the fundamentals and then taking the appropriate position. And 2. Sitting tight and being patient, whilst adding to your postion whenever an opportunity arises. To me it has always been obvious that the market forces WILL win out in the end.

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 ...

Platinum is irresistible at this point says Mickey Fulp

Kerry Lutz interviews Mickey Fulp - 13 Oct 2011 , it is quite unusual that Platinum is cheaper than Gold by more than a 100 dollars which is very unusual the last time this happened was in 1992 or 1993 says Mickey Fulp , usually platinum is always trading at a premium over gold . he adds that at this juncture he prefers to buy Platinum to Gold

Gold trading gains some ground on Slovak vote

Bullish on Gold Michael McCormick, director of Belvedere Share Managers, sees opportunity to profit in gold and advises to invest in oversold mid-cap gold producers.The European debt problems are going to play favorably for the Gold and Silver as a safe heaven to run to in these times on uncertainties , the Slovakia's vote to reject expansion of the euro zone bailout fund, and it's impact on Europe's banks and a Greek default,....

Ron Hera : Fiat currency always die and goes to Zero

Kerry Lutz Interviews Ron Hera 10-12-2011 : Ron Hera of heraresearch.com joins us for a discussion of monetary mismanagement, fiat currency, why gold and silver are your best bets in this awful economic period. Ron states that we never really came out of the 2009 economic collapse and that we are headed for more rough economic waters. Ron’s background makes him ideally suited to discuss these issues. He’s a self described “escapee” from Silicon Valley, California. Originally a serial entrepreneur and private investor in communications software and mobile technology, Ron turned his attention to investing in natural resources, such as precious metals, after the dot-com bubble and stock market crash of 2000. He knows what he’s talking about so please pay attention.

Grant Williams : Gold ready to shoot up

Grant Williams : Gold is more of a safe heaven at the moment than anything else there are problems in Europe we got problems in the US and in China there is no shortage of catalysts , the chances are we seen the bottom and gold is ready to have a nice rally from here says Grant Williams all the catalysts for an explosion in price are there

JPM & HSBC have covered most of their Silver Shorts says Bob Chapman

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 ...

Gold prices recovering thanks to physical demand from Asia

Gold prices recovering thanks to physical demand from Asia especially China and India and a declining US Dollar , many experts have predicted that Gold and Silver have found a bottom at this level and are ready for a new rally that may take the prices of gold to $2000- $2500 before the end of this year , are the fundamentals are bullish for gold and silver , so ladies and gentlemen tighten your belts and get ready for a nice shoot up that may take us to Jupiter , I hope you have loaded up during this dip you may never see these low prices ever again ....

$15,000 Gold by 2015 - Mike Maloney

Mike Maloney : If history repeats and gold covers the same portion of currency supply that it covered in 1934 and in 1980 then we should be seeing prices around $15000/oz or higher , I used to say between 2015 and 2020 but it just feels like with all the financial problems that we are seeing in the world that it probably going to be sometimes earlier than that , in the next 3 to 5 years
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

Max Keiser & David Morgan on Gold and Silver legal tender in Utah

David Morgan talks about the new law implemented in the state of Utah making gold and silver legal tender.: " The Utah is the first state in the Union that has outlawed the fact that citizens can volunteerly interact in any transaction in the state in commerce in other words simply you can buy and sell with gold and silver as a transaction basis throughout the state " David Morgan says , now you can walk to any store and buy whatever you want to buy with your debit card.once this implemented it will catch on says David Morgan ...the FIAT system is going to collapse , there never has been a fiat currency that has survived throughout the history....

Gold is the final money will reach $5000/oz

Philipp Vorndran, of Flossbach & von Storch, interviewed by James Turk, Director of the GoldMoney Foundation . Philipp's fund still has a great deal of gold; they consider gold "the final money" and still see a lot of potential for its price. He talks of $5,000 gold price and expects the bull market to eventually reach the same level of enthusiasm and participation as the dot-com bubble in the 1990s.

Barry Stuppler : people are running to Gold as the ultimate safe Heaven

Kerry Lutz interviews Barry Stuppler , Barry Stuppler is owner of Stuppler & Co http://www.mintstategold.com long known numismatic and bullion dealer in California , we will see more quantitative easings , we will have inflation and hyperinflation in some countries , the debt is impossible to pay and the only way to deal with it is by debasing the US Dollar , a couple of years ago people did not want to hold gold nos most financial planners and money managers are holding at least 15 to 20 percent of their portfolios in Gold in order to protect their clients from the debasement of the currencies ,

Gold & Silver have bottomed and are ready to go back up

Al Korelin and Roger Wiegand discuss the possibility that both gold and silver have bottomed at this point and are ready to reverse and go back up where they were before and probably higher , certainly the US economic outlook is bullish for Gold and Silver . So far today both Gold and Silver are up so the next days will tell us exactly if we hit bottom and we got a good firm base and we are going to see another rally for gold and silver ...

Gold cannot be a bubble

Gold cannot be a bubble , a bubble compared to what ? to fiat paper money , ! those who claim that gold is a bubble do not get it , Gold is not a speculative investment and if you bough gold just to make a couple of bucks speculating on the price please sell so that we can buy , smart investors buy gold because gold is money and because will preserve its value in time and space unlike all your paper assets out there , come in 100 years or in thousand years from now and your gold will still have a value , , so the smart investors go into gold in order to preserve the value of their money and save the fruit of their labor in the safest asset ever known to man , , Gold is money it is not a commodity and it is not a speculative asset , hope people wake up and start understanding it , hence gold can never be a bubble , gold is a measure of wealth it cannot measured by itself and certainly it cannot measured with paper money that was created in the first place as a certificate for gold deposits , , Gold cannot be a bubble in terms of Paper fiat currency

Gold Could Hit $2,000 or higher by the end of the year says Angus Geddes

Gold can get to $2000 by the end of the year it depends on what actually comes out of Europe and what type of solutions they managed to cover together says Angus Geddes, CEO of Fat Prophets, thinks that gold can hit $2,000, or even higher, depending on what the resolution in the euro zone will be.if it is a debt monetizations and Europe starts plugging holes within the banking sector and sovereign debt holes then we could see Gold go higher he added

Gold Outlook for Q4

Gold Outlook for Q4 with Alix Steel : "Prices are broken, you definitely can see that, but I don't think the bubble has burst here," Says Alix Steel, from TheStreet.com. "Prices have a right to come off," she added , key demand factors that are going to support strong gold prices in the short term are the Indian wedding season the explosion of the demand from both China and India , and the the Central banks all over the world becoming net buyers of gold . "I don't think we're going to see a huge rally right off the bat. I think we're going to have a period of consolidation," she says. Alix believe that $1480 is the key level to watchfor Gold ....

What is Going on in Gold ?

James West of The Midas Letter, confirms that nothing has really changed fundamentally in the gold market perspectives , this is an excellent entry point for new investors and an excellent consolidation point for those who are already invested in physical gold , go long and stay long , this thing is headed to Jupiter soon ...

Ellen Brown on Naked Shorting & Gold Suppression

Author Ellen Brown an attorney, author, and president of the Public Banking Institute she is the author of Web of Debt she talks with the Corbett Report about her recent article on naked shorting and the suppression of the gold price . Ellen Brown.'s latest book, Web of Debt, documents the Federal Reserve and "the money trust" and shows how this private cartel has usurped power to create money from the people themselves and how we the people can get it back and how money is created by the banks using an illusion and how we can fix the coming economic meltdown.. Brown is the author of several other books, including Forbidden Medicine, Nature's Pharmacy for Children: Drug Free Alternatives for More Than 160 Childhood

Jim Rogers: Buy Gold on Dips , Gold Price Correction May Take Awhile

Investment Guru Jim Rogers told Indian magazine The Economic Times of India that the gold and silver prices will readjust. Now is the time to buy up silver and gold, if you can get it.
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

Gold Prices May Rebound to $2,000 Ounce

Gijsbert Groenewegen a precious metals hedge funds manager says that this is a great opportunity to keep accumulating Gold and Silver, when the market gets very panicky they sell everything off and they go for cash and treasuries he says because that's the largest market where you can park your money , but from a fundamental point of view the dollar and the treasuries are no better than the sovereign debt in Europe he added This is a great opportunity to accumulate more gold and silver he says , there are a lot of buyers waiting at the side lines to pick up gold and silver ...the reason why silver has taken such a hit on the downside is because it is also an industrial metal , on the way down it acts like an industrial metal and on the way up it acts like a precious metal and that's why we see a lot more volatility ....nothing has changed over time the only thing that has changed is the perception that the Europeans are doing something to fix the problems but they are not doing anything to solve the problems , they are just postponing what wil happen in three months or six months or whatever but it will happen they will have to default

Indian buy physical Gold as Diwali begins

India is one of the major Gold consumer in the world , especially during the Diwali celebrations where gold is offered as gift . As the major religious festival season of Diwali begins in India, the buying of gold and silver as gifts is a common practice. It is potentially a boom time for businesses across the board, with presents such as necklaces and bracelets traditionally bought and given to friends and family. But the recent dramatic increases in price of both metals is making it difficult for many Indians to be as generous as they might want to be. After hitting a high of $1,900 an ounce in early September, the price of gold has fallen to just above $1,500. European policymakers are struggling to resolve the region's debt crisis, and such fears would normally drive the price of gold higher. But with the commodity already at such lofty heights, many investors now feel the only really safe bet is cash itself, and hence the selling.

China Unveils First Gold ATM

Physical gold demand in China is booming to the point that the government have decided to install gold ATM machine to sell gold coins and bars to the public , China is the second largest consumer of Gold , and the Chinese are known for being gold bugs who prefer to keeping their savings in the form of physical gold bullion...

Physical demand out of China boosting the Gold Market

When you are buying Physical Gold you do not care what the margin is says futures trader Lou Grasso, Millennium , a lot of the demand these days is physical demand out of China he added I spoke on your show in the middle of last week and i was an advocate in raising the margins. do i think that's really going to stop people from coming in? no. because a lot of the demand for gold these days is etf demand and physical demand. physical demand out of china and Asia is really driving the market these days. obviously if you're buying physical you don't care what the margin is."Lou Grasso told CNBC

Why are gold and silver prices falling?

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

David Morgan Gold & Silver Panic Report

Silver Guru David Morgan joins Kerry Lutz to discuss the recent crash in gold and silver market silver went down almost 25 percent in two days Gold also lost almost $150 in a week and is down $250 from its all time high of a couple of weeks ago , we are in an extremely over sold market says David Morgan , but these are sell off mostly due to the fact that these are highly leveraged markets , the moves in these markets are based on the paper market they are based on the futures and options markets and ETFs they are not really reflective on the fundamentals of the physical gold and silver markets

An Incredible Buying Opportunity in Gold Market

Kirsty Hogg's Precious Metals Emergency Update 9-23-11 : there is only one buzz word and that is Buy Buy and Buy , the long term projection is very bullish many analysts believe that gold prices will start to rebound starting next week , this is an incredible buying opportunity or an entry point for people who want to enter the gold market , we have already hit the bottom at this point according to Bob Chapman so buy gold and silver with both hands and as much as you can , in few weeks from now you will be glad you did ....

Huge Gold sell off in Gold Market , buy buy buy

David Morgan : the Gold and Silver communities on the physical side are not afraid of this they are stepping up in the plate and are buying more physical metals , they are buyers buyers and more buyers says David Morgan , although it may take up to three month according to him for gold to repair this loss and go back to the 1900 level

Gold prices will go higher regardless of the FED announcement

The case for gold remains bullish says Tim Harvey, Senior VP at ETF Securities, the news from Europe especially Greece and Italy are very bullish and investors were very bullish at the LBMA conference this week and that prices will move higher no matter what the Federal Reserve meeting outcome ....this retreat of Gold price is mainly due to the strength in the US Dollar ....this is a golden opportunity to load on Gold and silver before the prices shoot up again to new highs

Bill Still : There is No Gold at Fort Knox

Author and filmmakerBill Still, director of The Money Masters & The Secret of Oz, is with Max Keiser and Stacy Herbert on the Keiser Report ,he speaks about the Fort Knox gold , He confirmed that there is no gold left at Fort Knox , Bill Still is famous for being against a gold standard economy ,very strange indeed coming from a knowledgeable and wise man that he is . I do not agree with his arguments but I listen to his ideas with an open mind .  Bill Still 's latest book is No More National Debt. In it, he continues his investigation into the fraudulent debt-based monetary system that is has been systematically destroying the United States. No More National Debt sounds the battle cry for a new human rights movement for the 21st century.

Gold Spikes by More Than $30 and is expected to rally even more

Gold is expected to rally more than the $30 of this morning due to very bullish news coming out of Europe about the Greek's debt crisis but also Italy's credit grade downgrade this morning and the FED meeting where Ben Bernanke is expected to announce some new QE3 or similar " ...When I was on an hour, it was unbelievable that gold had not rallied more with the stark outlook for the U.S. and the European economy. some traders are saying they're also looking at headlines about the EU and IMF having to send officials to Athens to close the aid deal there and sources close to the troika saying that to wire services. will any of it be enough? that is what traders on the floor are mentioning. The downgrading of Italy's credit rating rating perhaps even more troubling than the Greek situation and then the FED meeting to watch and we are looking at gold prices back here at 1810 level and it is still down more than 100 bucks from the all-time high we saw just a week ago " says Sharon Epperson

The Gold Market Dependent on Market Sentiment

Gold is whatever price you want it to be at the end of the day looking at demand and supply fundamentals it is not really connected to that aspect of the market more so it is connected to sentiments says Michael Langford, Proprietary Trader at StreamTrading.com,

Europe default may send Gold to $6000/oz

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 default that are on the horizon in Europe , investment capital will continue to flock into safe heaven assets like gold and silver if these banks continue to default

David Morgan : we may see some softness in Gold before we see strength

David Morgan : we broke out of a traditional triangle pattern , I get emails saying that technical analysis does not work , first of all technical analysis dopes work some of the time , it is a tool but it is helpful , and we broke through the bottom side of this symmetrical triangle which normally is bearish for gold and as I said few weeks ago there is gap at the 1670 level I am not rolling that out longer term , I still believe that we are still going to see a a bit of a tough sliding for gold

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