All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Monday, October 31, 2011

David Tice Gold headed to $2500/oz & potentially to $5000/oz

David Tice interviewed by Kitco News from the New Orleans Investment Conference 2011 about his outlook for the Gold Market "Gold certainly had a pull back , I think it is headed to $2500 or potentially to $5000 , we are living in a world of fiat money we are having central banks around the world trying to kick the can down the road , we have a problem of too much debt , we have already livt on credit expansion for a couple of decades and now we are in the other end of that , and we are having governments trying to expand their balance sheets through private sector deliveraging , it's trying to keep the wheels on however the wheels are going to come off in my opinion " David Tice said David Tice expects the $2400/oz in a year and a half but it could be in nine months it all depends it all depends on if the authorities are going to be able to retain control or not ....

Saturday, October 29, 2011

Exclusive interview with David Morgan at the Silver Summit

October 17, 2011. Exclusive interview with David Morgan at the Silver Summit in Spokane, Washington , David discusses the outlook for silver and gold, reasons for recent volatility in the markets, reasons why it's a good idea to own physical precious metals, the use of gold and silver as money, strategies for investing in gold and silver, and more.

Friday, October 28, 2011

Exclusive interview with Martin Armstrong by Kerry Lutz

Ive been reading Martin for about a year now and I totally agree. No one out there is as accurate, pragmatic and thought provoking as he is. He sort of bridges the gap between the hard money crowd and the mainstream. I particularly liked his behind the curtain series of essays. Better than any books I have on my shelf.

Our government is starting to turn on it's people in a last ditch effort to stay in power. This will fail as people turn to the underground and the black market. The coming tax on the sale of gold in amounts as little as $600.00 is going to drive a stake in the heart of all Americans who have tried to hedge against the coming currency collapse. The government now wants all of the money. The family dog has now gone mad and will bite the hand that feeds it. The end is very near, get low soon.

Thursday, October 27, 2011

Julian Phillips: Gold & Silver Markets on verge of Soaring

Julian Phillips Goldforecaster founder says that the precious market are on the point of soaring given the debt problems news coming from Europe , investors will flock into gold and silver as they are losing confidence in fiat currencies such as the Euro and the US Dollar , for the Euro to retain any form of confidence they will have to ask Greece to leave Julian explains , smart investors do not buy gold to make profit they buy for that rainy day ....what the Euro is going through now is what the dollar will go through in the near future ...physical gold is the ultimate safe heaven because it removes the risk , while the mining shares still carry them....

Wednesday, October 26, 2011

Mike Maloney : When Money Dies

In this video excerpt from the Casey Research/Sprott Summit presentation entitled When Money Dies, Rich Dad advisor Michael Maloney , explains how money is created out of thin air , how it is all a gigantic scam a pyramid scheme , Actually a bank can do more than just loaning $90 of $100 deposit. They can create $900 in checkbook money on top of that initial $100 deposit, giving them $100 in cash, $900 loan asset, and $1,000 deposit liability. The $100 still covers their 10% reserve requirement, see? , Great presentation. Should be titled, 'Between Rock and Hard Thing'. Stop Debt addiction, face collapse. Borrow more, face inevitable and worse collapse. If this doesn't sound exactly like a drug habit...Mike Maloney really explained it so well.

Tuesday, October 25, 2011

Gold And Silver Prices Spike ahead of European Summit

Gold and Silver prices rallied to one-month highs Today on concerns about U.S. economic growth and the European debt crisis. Gold for December delivery jumped $48.10 Tuesday, or 2.9 percent, to settle at $1,700.40 an ounce. December silver was up 1.408 cents, or 4.5 percent, to close at $33.052. Gold put in highs at 1704.70, and Silver marked its high at 33.34, both the highest in 1 month.

Monday, October 24, 2011

James Turk : There is a financial Katrina coming

This interview was originally made on July 12, 2011.James Turk :Gold is in a 2nd stage of a bull market. We will see a more rapid price apriciaten than in the past years. Price target untill 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.There is a financial Katrina coming and you must not rely upon government promises, you must make your own preparations for your friends and your families.

They used to recommend having 10 to 20 percent of your portfolio in precious metals, but now I that figure should be closer 40 to 50 percent.  I just don't think the US economy will outgrow inflationary pressures on the dollar relative to the value of gold and silver in the next decade, ie the forseeable future. This will be reflected by poor performance in the equity markets.

The Great Silver Debate - GATA vs. CPM Group

The Great Silver Debate Jeff Christian (CPM Group) vs. Bill Murphy (GATA) , Bill was not the right person to debate this, maybe Ted Butler? Sprott? Rickards?Jeff said before there are 100 times more paper gold traded than physical, so the real price of physical IS 100 times its present value. Period. Jeff made a more convincing appearance although on the wrong side.. Mr Murphy is being too confrontational; he needs to be more professional and level headed. Mr Christian couldn't be more wrong in his price estimations for the coming year. The PAGE market is going to rip the CME and CRIMEX a new one. I predict the PAGE market will start being felt, full bore, by the end of the first quarter 2012. Welcome a new paradigm in price discovery and so long criminal cartel, CPM Group, CME CRIMEX and JPM/HSBC.

Bill Murphy, chairman of the Gold Anti-Trust Action Committee (GATA), talks about the silver backwardation how The Silver Market is very Tight and that it will be reflected on the silver price in the coming months and how undervalued double-digit silver is and reiterate James' target of 400$ silver. The important thing is not how much it has gone up or what the dollar price is, but value. The small amount of physical silver relative to the huge amount of paper silver and even larger amount of paper money means that silver is still hugely undervalued and why to understand the gold and silver markets it is fundamental to know what GATA knows and be familiar with the gold price suppression scheme. How outstanding gold loans and massive paper gold shorts have distorted the market and how this is now unraveling. Finally he explains the tremendous potential in mining stocks and how these have been suppressed too, despite rising gold prices. Given their tiny market capitalization he expects that when the rush comes, they will rise in value very rapidly and outshine even the dotcom bubble.

Sunday, October 23, 2011

Gold & Silver to survive the Economic Collapse

Gold and Silver went up 500 percent during the 2001 Economic Collapse in Argentina , during any economic collapse people go back to the real assets that are Gold and Silver , gold and silver become the only acceptable currency for barter and exchange , An economic collapse is not far away in America either , gold and silver prices will go to the stratosphere in this case , you better get ready now that gold and silver are still very cheap and still can be purchased with a piece of paper called the US Dollar....

Friday, October 21, 2011

Bill Murphy : The Silver Market is very Tight

Bill Murphy & Chris Waltzek - Oct. 19, 2011 : Bill Murphy, chairman of the Gold Anti-Trust Action Committee (GATA), talks about his recent interview with Jesse Ventura about the manipulation in Gold and Silver market and he explains the silver backwardation how The Silver Market is very Tight and that it will be reflected on the silver price in the coming months and how undervalued double-digit silver is and reiterate James' target of 400$ silver. The important thing is not how much it has gone up or what the dollar price is, but value. The small amount of physical silver relative to the huge amount of paper silver and even larger amount of paper money means that silver is still hugely undervalued and why to understand the gold and silver markets it is fundamental to know what GATA knows and be familiar with the gold price suppression scheme. How outstanding gold loans and massive paper gold shorts have distorted the market and how this is now unraveling. Finally he explains the tremendous potential in mining stocks and how these have been suppressed too, despite rising gold prices. Given their tiny market capitalization he expects that when the rush comes, they will rise in value very rapidly and outshine even the dotcom bubble.

James Turk : the outlook for gold remains very bullish

James Turk talks to Dominic Frisby in London on the 6th of October 2011 : the outlook for gold remains very very bullish he said , the US government is not really addressing the fundamental problem that it is spending too much money , we are still on this road to what I call the road to hyperinflation James Turk says The Gold dos not loose its safe heaven status a safe heaven is where you know you can have your wealth placed and you know that it won't be affected , Gold is a safe heaven because it does not have a counter party risk financial assets do , real wealth is not based on someone's promise it is based on a tangible utility that you own

Thursday, October 20, 2011

Eric Sprott on the Gold & Silver Market Manipulation

Eric Sprott is a great spokesperson for investing in gold and silver. He has a solid, logical delivery.He mentioned gold/silver stocks are undervalued vs. physical. Bob Chapman also mentioned that gold/silver stocks in the past have out performed the physical when prices go up.  I believe in 100% physical, but there are some people out there who have the capital & don't want the risk, or don't have the room to hold millions of dollars in physical PM. They may also have a lot of physical & wish to take advantage of cheap paper gold/silver.Bank runs are happening in the U.S. too and they, the Fed, banksters and politicians are hiding the problem except Ron Paul who is the only person who either understands the problem or has the balls enough to try to educate the public about its insidiousness.

Wednesday, October 19, 2011

Eric Sprott, the silver paper market have lost any touch with the physical market

Eric Sprott, Financial Sense NewsHour 19 Oct 2011 : The Markets have made gold the de facto reserve currency , there are two markets for silver there is the physical market and there is the paper market and I found it almost ludicrous that when silver was close to 50 dollars an ounce then we would have days between London and China and New York when we trade a billion ounces of paper silver in a day and the world only produces 900 million a year rather than thinking about the guy who is buying it think about the guy who is selling it , somebody hit the sell button to sell a billion ounces of silver and of course without having any possibility of providing none of that silver because it is just not available , the amount that is available today is a million and a half ounces of silver for investment per day meanwhile some guy is selling a billion ounces by hitting a computer key

Gold is set to shoot up like a rocket over the next weeks

Even George Soros came out recently and said that we are facing a double dip recession , so over the next few weeks with all the problems coming from the Euro zone and the US economy facing double dip recession you are going to see rising gold prices we are going to see a flight to safety in the precious metals , all the fundamentals are in place to set the gold explosion , the safest way to invest in precious metals is to physically hold on to it yourself that way there is no counter party risk you are not going to get a margin call by a broker saying you owe us more money or you are going to lose your whole position , you are in control ...

Tuesday, October 18, 2011

Silver Manipulation: Fact or Fiction? Bill Murphy vs Jeff Christian

This coming October 22nd, in Spokane there will be a heated debate between Bill Murphy of GATA and Jeff Christian of CPM Group about the topic of the alleged silver manipulation and shortage , silver manipulation and shortages claims that there is no silver shortage whatsoever and that a $100 an ounce silver is far fetched and may take longer to become reality , This blog will post this interesting debate as soon as it will become available so stay tuned

GOLD Investors Beware of Thailand Financial Advisers

There are more and more stories about people being scammed in Thailand when they want to buy gold or precious metals and by financial advisers promising high returns on your investments , the rule of thumb as always if it is too good to be true then it can't be true ...20% Interest a Month,so that's 240% interest in 1 year......sounds to good to be true it usually is! ..know who you are doing business with....try to stay within your country for business...don't deal with someone called GoldFinger...they broke all these rules.

Monday, October 17, 2011

JP Morgan confirms its $2500/oz Gold prediction

JPMorgan has been calling for gold to ump to 2500 an ounce by the year's end, but in the past month the metal has fallen ten percent. Insight on where prices are headed, with Colin Fenton, JPMorgan chief commodities strategist."i think we'll be right. there is a question about what time horizon which is a classic economic stroke but i think the key point to take away is in late summer the risk in the gold market doubled. that gold you don't necessarily see that. we can measure it through the implied volatility of the options. they're now at 30%. that was at 15 for most of this year. keep in mind we're talking essentially about a rock, something very easy to store. to have a volatility higher than many equities is a pretty remarkable fact." says olin Fenton, JPMorgan chief commodities strategist.

Saturday, October 15, 2011

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 ...

Thursday, October 13, 2011

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,....

Wednesday, October 12, 2011

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

Tuesday, October 11, 2011

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 ...

Monday, October 10, 2011

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 ....

Sunday, October 9, 2011

$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

Saturday, October 8, 2011

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....

Friday, October 7, 2011

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.

Thursday, October 6, 2011

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 ...

Wednesday, October 5, 2011

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


Tuesday, October 4, 2011

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

Monday, October 3, 2011

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 ....

Sunday, October 2, 2011

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

Saturday, October 1, 2011

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

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