Tuesday, April 17, 2012

Jim Rogers : I expect the recent Correction in Gold to continue

Jim Rogers "I would buy gold if prices fall to $1,100 or $1,200 an ounce. A pullback of this magnitude is normal." "It's extremely unusual for any asset in history to move higher for 11 straight years," "That's why I expect the recent correction in gold to continue."

Monday, April 16, 2012

Gold Slowing Down as China Slows

China decided recently to widen its currency trading band by widening Yuan Trading Band this will cause a strength in the dollar and a weakening of the gold prices says Phil Streible , with China slowing down it is going to cause a downdraft in the gold market that's what we have already started to see as China's GDP figures starts coming off the 10 percent to 8 percent he says , this definitely has an impact on the gold market

Friday, April 13, 2012

John Embry - Gold is undervalued - April 12, 2012

John Embry - Goldseek Radio - April 12, 2012 : John Embry from Sprott Asset Management shares his highly optimistic perspective on gold and silver. GoldSeek Radio's Chris Waltzek speaks candidly with John Embry from Sprott Asset Management, about 2012 fundamentals and the gold Market.They talk about how the price of gold will react in another market meltdown, similar to 2008, and whether there will be a sell-off. They conclude that this time the flight to safety will be more important than the rush for liquidity and that gold is uniquely placed to act as a safe haven, especially with T-bills and other traditional safe assets discredited by US debt issues.

Friday, April 6, 2012

Peter Schiff Gold to hit new all time Highs before the end of 2012

Peter Schiff : "Gold has been holding steady in the the US$1,600-US$1,800 band since early October. This could be attributed to consolidation after last summer's historic run up to $1,895, but I think this wait-and-see attitude reflects current market sentiment toward the US dollar. In fact, the first few days of April have seen a sharp dollar rally and decline in gold. This is rooted in deflated expectations of a third round of Quantitative Easing (QE3) after the most recent Fed Open Market Committee (FOMC) meeting. Once again, the markets are responding to the headlines while losing sight of the fundamentals." - Peter Schiff wrote in a recent article in in Business intelligence Middle East and in an interview with gold seek radio he said that Gold is most likely to see new highs before the end of this year of 2012

Thursday, April 5, 2012

Jim Rogers : I Will Buy More Gold

Legendary Investor Jim Rogers said at a conference in Bucharest on April 04, 2012 “I expect the price (of Gold) to decline and when that happens I will buy more,”
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Tuesday, April 3, 2012

Germany Mining Gold in Old Electronics

Germany Recovers Gold and Silver from Computers , Cell Phones and other Electronic Scraps . This is a very profitable Business .Gold is one of the best conductors of electricity. It is used in all high tech electronics. Have a computer too old to sell? A hopelessly dated phone? Don't just toss them into the garbage, where they will leach toxic materials into the soil and water. Recycle them.

Sunday, April 1, 2012

Gold and Silver prices to explode in the coming months says Charles Nenner

Gold and Silver prices to explode in the next months says economist Charles Nenner,"The cycle was down into April," Nenner says, but reversed at the beginning of this week, a couple weeks early. "People had to be shaken out," he says in reference to last year's run at all-time highs. "It cannot be that everybody makes money on gold." Nenner is looking at a rise to the $2,500 level in the next 12 to 18 months. And his outlook for silver is even brighter."It's almost time to get bullish again," Nenner says, "about two weeks or so." From there, he's looking for a move to all-time highs, and possibly beyond. Silver is going back to $50 but "that doesn't mean $50 has to be the end." "The small investors get in at the end and then the big guys are selling again," Nenner warns. "That has to change. People have to be educated better."

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.

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