Wednesday, February 29, 2012
Gold & Silver Prices Plunge In One Hour Following Bernanke Comments - 2/29/2012
Tuesday, February 28, 2012
Gold Should Be $2100-$2200 RIGHT NOW - Jim Puplava
Monday, February 27, 2012
James Turk : Gold price has risen in US dollar terms at an average annual rate of appreciation of 17% during the last 11 years
James Turk : Yes, gold doesn't provide yield because it doesn't have counterparty risk. If you want to put your gold at risk and lend it to someone you can generate yield on that. So right now people don't want that counterparty risk because they don't know whether their gold is going to be returned or whether the euro's they haven't deposited in their bank is going to be returned, if the bank goes belly-up, or the purchasing power of the euros they put on deposit will be returned because of inflation as a result of all the quantitative easing and money printing that's going on around the world. So you can't really look at some of those "straw man" arguments against gold because they don't think they carry any weight. The more important thing is what's been actually happening in over the last 11 years - the gold price has risen in US dollar terms at an average annual rate of appreciation of 17%. Now have you been earning 17% on your dollar deposits or euro deposits every year? You haven't and so gold is going to become more and more attractive as people understand that gold is still undervalued and still very much useful, and you know, valuation is more important than price. They are different things - as long as an asset is undervalued you should continue to accumulate it and by all my historical measures, gold is still undervalued. - in mineweb
Sunday, February 26, 2012
Gold Finishes Up 2.93% for the Week, Silver Up 29% Since 1/1/2012
Gold Finishes Up 2.93% for the Week, Silver Up 29% Since 1/1/2012 folks keep on staking gold and silver they are still very cheap because The Great Depression will look like a small blip compared to the economic collapse the United States is about to suffer, according to several experts. But Congress refuses to listen and do what's necessary to stave off disaster. Worse, Congress has been warned year after year since at least 1992, and perhaps before that.The federal budget is structurally unbalanced. This will do increasing damage to the economy and is unsustainable in the long term. Regardless of the approach chosen, prompt and meaningful action is essential. The longer it is delayed, the more painful it will be.
Saturday, February 25, 2012
James Turk : Gold doesnt have counterparty risk
Thursday, February 23, 2012
James Turk : This Gold correction is over
James Turk : Mineweb - 2/22/2012 : Yea they bounced from the lows but the reality is that both gold and silver remain in a trading range. The peak in silver goes back to April of last year, the peak in gold goes back to the summer of last year, and since then we've been in this broad trading range. But the interesting this is that we're now back at the high of the trading range and after moving from $1520 at the end of December to early January up to around $1750. We're still around that $1730/$1725 area so that actually demonstrates in my mind a lot of strength in gold and silver doing basically the same thing, so there's a lot of strength in silver and I think this correction we've been in over the past several months in both metals is about to end and you're going to see much higher gold prices and silver prices as we work to the end of the first quarter.
Tuesday, February 21, 2012
War Extremely Bullish for Gold - Doug Casey
Monday, February 20, 2012
Gold or Silver ?
Sunday, February 19, 2012
Buy Gold Now says John Paulson
Saturday, February 18, 2012
China to overtake India as biggest Gold consumer
Friday, February 17, 2012
GOLD Market is it 1980 all over again ?
Thursday, February 16, 2012
$10,000 Gold a Conservative Estimate says Nick Barisheff
James Turk & Eric Sprott Gold Mania is coming
Wednesday, February 15, 2012
We are all Gold Standard Extremists
Ranting Andy's a Happy Gold Standard Extremist--02-13-2012 Now We are all Gold Standard Extremists because we favor a return to the Gold Standard and believe that the United States went bankrupt as a result of Nixon's decision to abandon the remnants of the Gold Standard that were still in place in August 1971 .Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday. These extremists, sometimes known as "sovereign citizens," believe they can live outside any type of government authority, FBI agents said at a news conference.The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off the gold standard.
Saturday, February 11, 2012
Sky is the Limit for Gold - John Rubino
John Rubino; co-author (with James Turk) of "The Collapse of the Dollar and How to Profit From It" interviewed by GoldSeek Radio's Chris Waltzek talks - Feb 7, 2012 . John Rubino is the author of several well-received books foretelling years in advance the collapse of the housing market and the decline of the US dollar. Before starting his website, John was a featured columnist with TheStreet.com, Individual Investor, and a number of other influential financial publications. "The risk to the financial system right now is a wholesale loss of confidence." "Everybody loses faith in the currency and dumps it, so they are willing to trade that currency for real stuff at any price, and so you see prices of real things go through the roof, which is the same thing as saying the value of the currency goes through the floor". - Exactly what is starting to happen in the US right now. Author John Rubino on how to profit from currency devaluation says
Wednesday, February 8, 2012
Gold to $2000 an ounce in 2nd Half - James Steel
Tuesday, February 7, 2012
David Morgan : Gold is good but Silver is Better
Sunday, February 5, 2012
David Morgan sees $2,500 GOLD FOR 2012
Saturday, February 4, 2012
13 States seek currencies made of Silver & Gold
Friday, February 3, 2012
James Turk speech at the 2012 Vancouver Resource Investment Conference
Thursday, February 2, 2012
The Gold Market reaction to Bernanke testimony on Capitol Hill