Saturday, December 10, 2011

China & The Gold Market

China's Role in the Gold Market : China has admitted what many gold bugs have long speculated: it's been stockpiling gold since 2003. That accounts for only about 1.6% of China's total foreign exchange holdings and is little more than one-tenth of the value of the U.S. gold reserve, the world's biggest. It also means gold has slipped as a share of China's total reserves from about 2%, based on end-2003 prices. China's investment in gold has increased by around 50 percent over recent years, coming in behind India as the world's second largest gold consumer. At the China International Jewellery Fair, gold lovers eye everything from standard rings to designer necklaces. Or for those with no limits, how about a gold tiara or tailor-made luxury bra.

Friday, December 9, 2011

Gold holding well despite uncertainties

Gold holding well despite uncertainties , it has been great compared to other asset classes , and unlike money gold cannot be printed into infinity says Stephen Flood, director of Goldcore Investments, told CNBC, "gold is a finite currency, you can put all the gold in the world into a 20m high cube, you can print money to infinity and I think investors recognize that." he said " Gold is a good way to hedge risk " he added

Thursday, December 8, 2011

Gold $2000/oz in early 2012 says Michael Purves

"There's a technical or trading bull case for gold and a fundamental bull case for gold," says Michael Purves, chief market strategist at BGC Partners, he foresees gold at $2000 an ounce before March 2012 , although he prefers gold mining stocks "If you put gun to my head, I'd have to go with the GDX long term," he explains. "Gold is good and GDX is better." he added

Wednesday, December 7, 2011

Gold to $2,075/oz in 2012 says Global Commodity Analyst

Tom Price, Global Commodity Analyst at UBS AG, says uncertainty in the global economy will see the price of gold reach an annual average of $2,075 next year.

Monday, December 5, 2011

Why is Gold Down while Stocks are Up ?

Why is Gold Down while Stocks are Up ? Is Gold Losing It's Shine? Dennis Gartman of The Gartman Letter, will give his outlook for the yellow metal and how to play this gold market "I think what we have here as the year is coming to an end and as many stock portfolio managers who do own some gold find themselves behind their benchmarks I think you saw them today swaping out of Gold moving into the stock market and this may continue for a while " Dennis Gartman says

Gold to $1900 before year End says Michael Langford

Gold to Approach $1900 says Michael Langford, Proprietary Trader, Stream Consulting at StreamTrading.com who believes that the EU summit on Friday could be a potential catalyst for gold reaching $1900 before the end of the year.He explains that the physical gold market has become disconnected from the financial markets for a while now

Wednesday, November 30, 2011

Chris Duane : expect a 1:1 Gold Silver ratio

Chris Duane on the Kerry Lutze Report - 17 Nov 2011 : Chris expects a one to one gold silver ratio because all the gold that has been mined has ever been treasured while all the silver that has been mined has been used and abused for over a hundred of years , the actual silver gold ratio of over 50 to one is just way out of whack , especially with the coming silver technological uses in say solar energy and electronics , the demand for silver is set to explode .....

Tuesday, November 29, 2011

Chris Martenson at the Gold & Silver Meeting 2011 in Madrid.

Economic Analyst researcher and futurist Chris Martenson on November 16 at the Gold & Silver Meeting 2011 in Madrid answers questions about electricity, shale gas, gold, silver, platinum and palladium , This is important stuff. Commodities are where it is at. Especially , in my opinion, in copper & silver where their importance for technology is paramount.Excellent synopsis of Chris Martenson's thesis. I don't see much to argue against. He's one of the few people that understands what is exponential and what is linear and how that will effect our futures."destroying the worlds reserve currency..the dollar." It's the reason they've been able to monatize the debt to begin with. It begs the question of whether it is an intentional action or a response to inflationary pressures.

Monday, November 28, 2011

Gold to $2000/oz in the near future says Ned Naylor-Leyland

Ned Naylor-Leyland of Cheviot Asset Management talks about the outlook for gold prices and how the paper gold market is an estimated 100 times larger than the physical gold behind it, so that investors will have a very strong incentive to have physical or a secure title that is as close to physical as possible

Gold Miners vs Gold Bullion

"If you go back in the 80s gold latest really large move History has shown that gold moved anywhere from 12 to 18 months ahead of the move in gold equities and so once I believe the analysts adjust their decks and believe that gold will stay here you're going to see quite a bit of adjustments in earnings targets on the gold miners " says David Steinberg , founder of DLS Capital Management

Saturday, November 26, 2011

Marc Faber : Gold in Correction Phase not in a Bubble

Marc Faber : ...All I can say is that Gold have done much better than any government bonds ...a lot of people think that gold is a bubble and so forth but that is not my impression , I want to tell you I was last week in TaiWan and later I was in South Korea I gave two conference presentations and I asked the audience how many of you do own some gold ? and in TaiWan I think there was one participant that owned any gold and in Korea in a room with may be a thousand people not a single person owned gold you understand had I asked the question in year 2000 how many of you own the Yahoo type of stocks the whole room would have said yes we own it

Thursday, November 24, 2011

James Turk on Goldseek Radio - Nov. 23, 2011

James Turk on Goldseek Radio - Nov. 23, 2011 : the original target was $8000 and the time frame was 2013 to 2015 I still think that that time frame will probably going to be right James says , the central banks are doing an even worse job than what he envisioned when he first made that forecasts ten years ago , the new James Turks target is now $11000/0z for the period 2013-2015 instead of the previous $8000/oz because of what the central banks are doing in debasing the currencies worldwide ..... Gold is not an investment it is a store of value Gold is Money , gold does not have a balance sheet or a management team or anything like that , Gold does not create cash flow , it preserves wealth

Wednesday, November 23, 2011

James Turk sees Gold at $11,000/oz by 2013-2015

James Turk says another Lehman Brothers is coming before the end of the year just like in 2008 , but this time around the sell offs are more driven by fears investors are making sure their assets are safe rather than any liquidity concerns and this kind of environment James Turk expects Gold and Silver to do the opposite of what they did in 2008 when they got sold with everything else , the collapse of MF global is still playing out in the paper market but the people what are accumulating gold and silver and have been accumulating gold and silver for the past decade they do not really care of what's going on in the paper markets ...regarding Europe James Turk says he expects it to breakup in the next few years in some form he just do not see how it could work ....The European politicians made a mistake with Greece when they decided that it could not go bankrupt what that did it essentially opened the Pandora box ...Europe generally will continue to spin out of control , the Euro is very problematic it just cannot survive from the longer time perspective , there are too many fragile breakpoints that could cause it to fall apart ....right now we are in a 'managed retreat for Gold' , every bull market has three stages the first stage is apathy and neglect no one is paying attention and that what happened before gold broke to $1000/oz , we are now in stage two , the big dramatic moves won't come until we got into stage three that;'s when the speculators start jumping in and and your neighbor start telling you to buy gold you know that kind of thing , that's down the road that's 2013 - 2015 , the interesting thing about silver is that it is still at stage one it won't get to stage two until it breaks the $50/oz that's probably going to happen in the first half of the next year ....

Tuesday, November 22, 2011

What caused Gold to go below $1700 ?

CNBC panel trying to analyze what's going on on the gold market these couple of days what really caused gold to tumbl below $1700 an ounce Grasso vs. Weiss on Gold as a risk asset "it's better to have gold in your portfolio versus paper money." Grasso says , "at this point gold is a risk asset. it's no different from going to a leg nation fund where you buy at the top and you're the last one in. you're not making money so you're selling" Weiss argued trying to explain the recent sell off in the gold ....

Monday, November 21, 2011

How to buy this Gold selloff

Gold prices slipping on Monday as the super committee in Washington fails to come up with 1 trillion dollars deficit cut and as the borrowing costs in Spain soar , Phil Streible, senior market strategist at R.J. O'Brien, breaks down what's moving gold and how to buy the selloff.some investors are coming out of gold in order to raise cash says Phil , If the ECB decides to monetize their debt you are going to see Euro currency decline the US dollar index rally and then Gold and the dollars turns may be under pressure , the gold is caught here between DC politics and the Eurozone politics

Sunday, November 20, 2011

3 Factors Moving Gold Higher

Are Gold & Silver going to streak even higher, or has the top finally come? here are 3 Factors on why Gold should move higher , There is only one true factor, which is that we live in the world of FIAT currencies. Precious metals are and have been money for thousands of years. Currencies are not real money! There is a Massive paper manipulation of 100 to 1 admitted to by CPM Group's Jeffrey Christian. GATA's Adrian Douglas has PROVEN through his own forensic research manipulation of at least 45 to 1

Friday, November 18, 2011

David Morgan : Gold rally to start in the 1st quarter of 2012

David Morgan : that's where I disagree with most of my peers , I see a substantial rally (in Gold) but not this year I see the rally starting the 1st quarter of 2012 ,

Wednesday, November 16, 2011

Mike Maloney & Max Keiser on The MF Global Missing Gold

Max Keiser interviews Mike Maloney of GoldSilver.com about the latest in the precious metals market and about a $15 trillion Dow."MF Global is like the Mafia guy who turned states evidence on the Kingpin of the Mafia. Because, you can't "freeze out" the Nymex from the underlying criminal racket that's going on.....If you turn in or "taddle tale" on the "Don" of the Mafia you're gonna ruin the entire money making enterprise of the Mafia...It just show's you how bad the situation is - that MF Global would in effect put a knife-in-the-back of its very own criminal syndicate operator Nymex." -Keiser .The wealth Chinese buy gold because the RMB are losing value fast due to high Inflation! The Chinese government's # 6.1% is a big lie. Inflation in China's >16%. Chinese stock market is at the lowest. Every province in China is a Greece. Banks load with debt. The local Chinese bonds all junks. Chinese housing is the biggest bubble. Investors all got trapped. There's no good investment in China. And who exported the inflation to China and Asia, U.S. Dollars and treasury bonds. This is a price that the Chinese has to pay if they want more export but pegged with U.S. Dollars. Unfortunately, the Chinese aren't foolish to let their currency devalue day by day. Even by Keynsian point of view, they know the danger of inflation. I like silver better than gold on a percentage basis. It also has an industrial demand component that could make things get even more interesting. Everything is going electronic now, books are even becoming obsolete to e-readers. Solar panel demand is about to go parabolic. Silver is it.

Tuesday, November 15, 2011

Goldman Sachs making a bullish call on Gold

Goldman Sachs makes another bullish call on gold. Goldman Sachs reiterated the fact they are going to be long gold and recommending that the traders buy the December 2012 gold futures saying that they see that as the place to be for your long position right now , and they suggest rolling your positions over , so Goldman Sachs sees more upside for Gold , but I still recommend the physical gold stay away from any kind of paper gambling and as always remember "if you do not hold it you don't own it"

Monday, November 14, 2011

Jim Rogers : Gold is nowhere near a bubble yet

Jim Rogers : Gold is nowhere near a bubble yet , I suspect you know very few people who have ever bought actually any gold , if you go to America you see shops everywhere saying 'We Buy Gold' , the public is lining up to sell gold someday those shops will say 'We Sell Gold' and the public will be lining up to buy gold , there is very little of that now , very little pension funds , mutual funds very few investors institutions of any kind own any gold and if they own gold it's one or two percent , that's not a bubble John a bubble is when everybody is begging to buy gold all day long .... - in CNN interview , Click here to watch the entire interview >>>>>

Saturday, November 12, 2011

David Morgan - The Silver Market manipulated but not on the long term trend

09 Nov 2011 : Silver guru David Morgan on The The Financial Sense Newshour to discuss the fundamentals and drivers of the silver market, as well as the controversy of potential price manipulation. : David Morgan believes that even though these markets are not free but you cannot manipulate the long term market because there are too many variables too many events there is too much money that it is not held by the banks that can come in and push the market in any direction they go , you cannot manipulate the long term market trend it cannot be done says David Morgan however whithin that trend you can and it has been done again and again move the price significantly by certain tactics

Friday, November 11, 2011

Doug Casey : Gold is the ideal form of money

Doug Casey, founder and chairman of Casey Research Institute, interviewed James Turk of GoldMoney Foundation " (technology cannot replace Gold ) that's because money is a store of value and technology is not a store of value because it evolves so quickly , today's technology could be worthless next year ....and it's a medium of exchange and technology does not work that way either, look Aristotle gave the five reasons in the forth century BC , he defined the five characteristics of good money , durable divisible convenient consistent have value in of itself , so it has to be durable , that's why we do not use wheat for money has to be divisible that's why we do not use artwork for money it has to be convenient that's why we do not use steal for money , it has to be consistent that's why we do not use real estate for money , it has to have some kind of use value which is why or should not use paper as money , it can't be created out of thin air and out of the 92 naturally occurring elements GOLD is the uniquely suitable for use as money " Doug Casey says

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