Eric Sprott & David Morgan on Silver Manipulation

Mar/17/2012 Financial Sense Newshour : Eric Sprott and David Morgan Respond to CFTC Commissioner Bart Chilton on Silver Manipulation , In a "virtual" roundtable with Jim Puplava, Eric Sprott of Sprott Asset Management and David Morgan of Silver-Investor.com each respond to excerpts from Jim’s earlier interview with CFTC Commissioner Bart Chilton on silver price manipulation.

South Africa Gold output falling down

South Africa's Gold Output with Kobus Nell : South Africa's gold output fell by 11.3 percent in volume terms in January while total mineral production was down 2.5 percent compared with the same month last year. Kobus Nell, mining analyst at Stanlib, joins ABN's Hannah Viviers in studio to unpack the numbers

Why The Falling Gold & Silver Prices ?

Korelin Economics Report: Falling Gold & Silver Prices - 3/14/2012 : what people need to understand is that what is traded as gold is in fact only paper gold with no actual physical gold to back it , no gold is bought or sold by those speculators who are driving the prices of gold up and down , it is just derivative and paper assets with nothing behind them , this is surreal but this is the way it is now gold is being treated as a speculative asset while in fact gold should be viewed as money not as a commodity to speculate upon

Gold down but not out

Gold has been hammered down recently using derivatives and paper assets , add to this the optimistic numbers of the FED about the economy and the strength of the dollars compared to the Yen and the Euro , Gold will certainly be back on soon , I suggest you use these dips wisely to load on as much physical gold as you possibly can , these are god's given discounts

Marc Faber : Gold not in a Bubble

Marc Faber : Gold is nowhere near a bubble phase and there is no better time to buy it than now considering the violent volatility global markets could face in the context of the economic uncertainties and excessive liquidity central banks are pumping in.
I don't believe gold is heading into a bubble,"
A bubble is characterized by the majority of market participants being involved in a market space. I saw a gold bubble in 1979-1980, when the whole world was dealing — buying and selling gold 24 hours a day, globally.- Marc Faber said during the Middle East Investment summit at the Jumeirah Beach Hotel in Dubai last week as reported by Gulfnews

$3,000 Gold in 2012 Not As Far-Fetched As You Would Think : John Ing

Interviewed by Jim Puplava of the financial sense newshour (06 March 2012)Maison Placements Canada Inc. CEO John Ing talks about his outlook for Gold and the performances of the miners compared to bullion , John believes that we would see Gold hitting $3,000 oz. this year especially if the European Union and the Middle east erupt in crisis

Jim Rogers : Gold will eventually end in a bubble

Jim Rogers : "It (Gold ) will end in a bubble when this is over. The way bull markets work is they go up and up and then by the end they turn into a bubble and that will happen to gold. …That could be five years, 18 years or six years." Source: CNBC

Marc Faber : Gold Price Could Fall Below $1500

Marc Faber : The big rally into Sept. 6, 2011, took the Gold Price to $1,922/ounce (oz) and then it dropped until the end of the year, touching $1,522/oz on Dec. 29. It has rallied, and is now above $1,700 again, but I don't think the correction is entirely over. Corrections of 40% are nothing unusual in a bull market. As an adviser, my duty is to always inform people of investment risk. I'm not saying I expect gold to collapse, but telling people the Gold Price will go up leads them to leverage up and speculate. If the Gold Price drops $50/oz, they're wiped out. All I'm saying is that, in my opinion, the Gold Price correction is not yet entirely completed. I see significant support around the $1,500/oz level, but it could drop lower. It depends on global liquidity and on money printing by central banks. We could have a big correction if global liquidity tightens or they stop printing money. - in an interview today with The Gold Report

What caused the pullback in Gold Prices

We saw see a pull back in Gold Prices right after Bernanke's speech. I believed this occurred because the market was pricing in full blown QE3, however I think there will only be tinkering at the edges/a smaller program. I also thought there could be a pullback based on the old "buy the rumor, sell the fact". so What caused the pullback in Gold Prices ? : Dominic Frisby, of the GoldMoney Foundation, interviews both Jonathan Davis, economist and wealth manager, as well as Michael Hampton, who is an author private investor and trader based in Hong Kong. They talk about the recent pullback in gold prices, the possibility of a major downturn in the markets and the London housing market.

The Pan Asia Gold Exchange will end the COMEX Monopoly

Ned Naylor-Leyland from Cheviot Asset Management talks about the new Pan Asia Gold Exchange , the latest on precious metals market, why physical gold is the only safe heaven and how the new Pan Asia Gold Exchange (PAGE) will change the price discovery mechanism for gold. Ned explains that the futures market currently takes the lead in price discovery over the much larger spot market and how this may change once PAGE starts to operate. PAGE will provide a valuable alternative because its fully backed, allocated gold contract will provide a better title, closer to physical, than unsecured unallocated contracts. Ned graduated with a BA (Hons) degree from the University of Bristol in 1998. He began his career in 2001 at Neilson Management, later moving to Smith & Williamson (formerly NCL Investments) in 2003 where he was an Investment Manager. Ned joined Cheviot in July 2008 and is advising a specialist Precious Metals fund.

Gold Trend Upward despite the Selloff - Adrian Ash

"Gold Selloff Won't Change Upward Trend " says Adrian Ash Head of Research Bullion Vault , the gold selloff was caused by Bernanke's comments of not putting more money for QE3 that was an excuse that the market was looking for according to Adrian Ash expect the volatility to get even worse although the trend to the upside won't be affected he explained

David Morgan : what happened yesterday is a paper scheme

David Morgan interviewed by - Kerry Lutz - March 1, 2012 trying to explains what really happened yesterday in the gold and silver markets : they are losing and we are wining they are running out of ammunition says David Morgan , what happened yesterday is a paper scheme aimed to move the price towards a certain direction at a certain time

Gold & Silver Prices Plunge In One Hour Following Bernanke Comments - 2/29/2012

Gold and Silver prices plummeted today the reasons according to me are government speculation of the market , it makes no sense a $100 dollars drop in gold prices in few seconds it does not follow any market logic this is speculation at its best , but Big AL says the reasons are to find in the warren buffet recent letter to his Berkshire Hathaway share holders , Warren Buffet does not like diversification and he does not think that gold is an investment

Gold Should Be $2100-$2200 RIGHT NOW - Jim Puplava

Gold Should Be $2100-$2200 RIGHT NOW - Jim Puplava takes on two Big Picture topics, "$5 gasoline, the petro business cycle, and the education of Bill O’Reilly" as well as "When crises become catalysts higher stock prices occur." Jim also takes your Q-Calls this segment.

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

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.

James Turk : Gold doesnt have counterparty risk

James Turk: You really can't predict what event or what catalyst will occur to cause the metals to move higher, it's just an ongoing bull market. You know my long-term forecast going back to an interview in Biarritz in 2003 when gold was about $350/oz was that sometime between 2013 and 2015 gold would be $8000/oz and I' sticking to that forecast. And that forecast is not based on crystal balls or anything of that nature, it's basically just mathematical that when you go into a financial bust, and one began in 2000, people prefer tangible assets over financial assets because in a financial bust a lot of promises that have been made are broken, and when those promises are broken, confidence in the system falls and people move to tangible assets because they want to own things like gold because gold doesn't have counterparty risk. We're still very much in this major trend and as the problems in Greece continue to unravel because I don't think this parliament bill that's been approved is going to have any long-term positive effect, and other problems in Europe - in Italy and Spain continue to unfold, and recently now the bond-raising agencies have marked the united kingdom for a possible downgrade which would take it from its AAA status. All of these cumulatively are providing reasons for people to move out of financial assets, to move into tangible assets, so I expect this trend to continue. But what event it's going to be you can't really predict that, you just have to play the bull trend, continue to accumulate the metals - I've been recommending a dollar cost averaging programme to do that and focus on much higher prices in the years ahead, as all these problems come to a head.

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.

War Extremely Bullish for Gold - Doug Casey

War is going to be very bullish for Gold says Doug Casey, founder and chairman of Casey Research Institute, as the US is printing or creating more digital currency in order to finance all these wars , also the Iranians the Russians and the Chinese will start using gold for their inter commerce instead of having to buy first US dollars , this is very bullish for gold and of course very bearish for the US dollar , this is the perfect storm for Gold , the prices of gold in terms of dollars got to be much much higher by now