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
Receive these posts via email :

Friday, March 30, 2012

Where the Gold price is heading from here ?

Where the Gold price is heading from here ? Mark O'Byrne Executive Director and Head of Research of GoldCore gives his insights on where he sees gold prices going "people have been calling gold a bubble for the last two to three years and they were spectacularly wrong , it's been a hedge against inflation and against currency devaluations " says Mark O'Byrne Gold is a safe heaven asset

Thursday, March 29, 2012

Gold Demand in China, Just Getting Started

Gold Demand and precious metal in China, is Just Getting Started . China, the world's largest consumer of energy and base metals, is set to displace India this year as the biggest gold user on an annual basis as surging incomes drive increased demand for jewelry and investments. China is now considered the world's largest producer of gold. But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times. The big news coming from China in the past few weeks, is that the investment demand for gold and silver is going up.

Wednesday, March 28, 2012

India uses Gold to purchase Iranian Oil

Good for India and Iran. Stick it to the elite's Imperialism. The US machine always wants more money and control and it is willing to go to war for it.Gold is much better than the U.S. dollar. Even Dr. Ron Paul would agree with this. China, Russia, India and Iran must form the basis of an Asian Alliance . Unfortunately Here's what you can expect in response: Staged terrorist attacks in India by US proxies and a vilification by US media towards India (as they do today with China and Russia).I suspect this is a tactic to keep Obama in office for a second term. THINK ABOUT IT...in US history there has NEVER been a change in president during wartime! Who set the US and EU on this damned path to ruin? "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within."

Tuesday, March 27, 2012

Chinese Demand For Aussie Gold Not Slowing

Chinese Demand For Aussie Gold Not Slowing by TheStreet.com, Inc., was co-founded in 1996 by Jim Cramer and Martin Peretz. It is traded on the NASDAQ Global Market. The company is headquartered at 14 Wall Street in New York City. Its stock was made public in May 1999 under the direction of past Chairman and Chief Executive Officer Kevin English and former Chief Financial Officer Paul Kothari.

Saturday, March 24, 2012

Jim Rogers : Gold is taking a well deserved rest but is not in a Bubble

Jim Rogers : Gold is certainly not in a bubble , if something is in a bubble everybody is buying it and I suspect you know very few people who own gold , if you walk around the streets in America hardly anybody owns gold , it is not in a bubble , that does not mean it is not going to continue to go down , gold has been up eleven years in a row and that's very unusual for any asset anywhere in the world throughout history , so gold is taking a well deserved rest it could go down 30 , 40 percent ( it went down 9 percent since February ) it could go down a significant amount , in the 1970s gold went down 50 percent and it scared a lot of people out then it went up 850 percent that's the way markets work , if people do not understand that about the markets they should not be investing , gold could go significantly down and if it does I hope I am smart enough to buy more - in Capital account interview
Click here to watch the full interview>>>>>

Wednesday, March 21, 2012

John Embry - Global Debt Saturation Ensures Much Higher Gold & Silver Prices

John Embry - Global Debt Saturation Ensures Much Higher Gold & Silver Prices . John Embry Chief Investment Strategist at Sprott Asset Management shares his highly optimistic perspective on gold and silver and discusses the reasons why people should own precious metals, and in particular gold and silver. In Embry's view, gold will gain in importance as a monetary asset in the years ahead, likely regaining an official role in the world's financial system.

Sunday, March 18, 2012

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.

Thursday, March 15, 2012

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

Wednesday, March 14, 2012

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

Monday, March 12, 2012

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

Friday, March 9, 2012

$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

Tuesday, March 6, 2012

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

Monday, March 5, 2012

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

Sunday, March 4, 2012

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.

Saturday, March 3, 2012

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.

Friday, March 2, 2012

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

Thursday, March 1, 2012

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 and Silver blog