Return to the Gold Standard ?

The Gold Standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy. Talk of a gold standard is back in focus in politics for the first time in three decades. The U.S. Republican Party will call next week for a commission to examine the possibility of returning the American currency to the gold standard .Rep. Ron Paul, (R-TX), weighs in.

Peter Schiff : Gold & Silver Prices would Break Out

Peter Schiff : All summer long I have been forecasting that the prices of both gold and silver would break out. I have been urging clients not to wait until the breakout occurred, but to buy in anticipation of that breakout while prices were lower.
I think that opportunity has now passed. But we still have an opportunity to buy now, while the breakout is still early in its process.
I think the lows are clearly in for both, gold and silver. I think now that we have broken out the time to buy cheap will soon be gone.
I don’t want people who have already hesitated to hesitate any longer… …
I think the catalyst for that move, I believe, was the Federal Open Market Committee minutes that came out earlier this week, that put QE 3 – that’s quantitative easing or basically money printing and debt monetization – it put that right back on the table in the minds of a lot of people.
In my mind, QE 3 was never off the table. I always knew it was a sure thing. It was just a matter of time. But now the Fed came out and surprised a lot of people with its language. It basically said, ‘if we don’t get evidence soon of a sustainable increase in the economy, we’re going to have to take action.’ And of course, the only tool in it’s arsenal is to print money and buy bonds and try to goose the economy with the same monetary stimulus that create the problem. …
Those of you who didn’t buy before the breakout, it’s not to late to buy. The prices are not quite as cheap as they were a week ago or a month ago, but I believe they’re a lot cheaper than they will be a month from now, six months from now, a year from now as more and more investors realize that the recovery was an illusion. It was simply an artificial high created from stimulus and that more stimulus is coming. More investors are going to flock to gold. Click here to watch the full Peter Schiff Video Blog >>>>>>

Peter Schiff : Buy Physical Gold And Silver Now!

Look at the charts. Gold broke above the 23% retracement area from the 2011 high that has been resistance for over 6 months; it also broke above the resistance trendline and has made 2 high lows since the breakout. If it makes another higher low off the next pullback, it will clearly have reversed an over year long sideways trend into an uptrend. yes, the silver and gold bugs are back in the spot light, front and center. you have a chance to become quite wealthy, or at the very least, not very poor. as that commie jim cramer says, BUY, BUY, BUY!!!

World Gold Demand Down 7% in Q2

World Gold Council, 16Aug12 - Gold Demand Down 7% in Second Quarter. Indian demand slumps on weaker Rupee. Falling in China on economic slowdown. Marcus Grubb is of the World Gold Council. {This is a very interesting video. When they bring the big dogs down it could either mean they have great news or they fear a collapse is on the cards. Very rarely is it business as usual}

Gold Prices Stall, Silver to Explode

December Gold futures are now trading comfortably above the psych mark of $1,600.00. Near-term trading is within a well-defined range on the daily chart. But the fundamentals for both Gold and Silver remain rock solid ,As the US Mint reports 190 silver coins sold for every oz of gold. In real terms that can be expressed as 190x$28(silver)/$1620(gold)= 3.3 to 1 silver to gold ratio not 58:1 as officially reported. Take paper silver out of the equation and that puts silver at $490+. Buy, buy, buy! This is the greatest opportunity in human history. Put the banks out of business in September. Buy SILVER TODAY!It has been proven many times how we have lost way over 90% of the value of the dollar since 1913 & the start of the FED. We just have artificial advantages with the dollar being the reserve currency of the world & the banksters still haven't drained all the wealth a way from when we were truly free. The FED has caused every Boom & Bust first by Inflation of the money supply cheap to the banks then by Deflation little printing & High interest charged to people. it is a total rip off scam.

Billionaires Paulson & George Soros Hoarding Gold

We should be focused on backing away from bank run electronic money that is leveraged to use against us. Its pretty clear to see that Gold and silver are not weapons or any threat to the current system and that people are just hoping that the system will self implode. The controllers of the system have any number of options of tweaks to make to keep the system running. But they need leverage that we can deny by simply using more cash. Printed cash is better than having your money in the fractional reserve system, but it is still just a Fed promissory note. They can print a couple of $100 trillion notes and there goes your printed cash. Gold, silver and bitcoin are the best things I know of to get your wealth 'out of the system'.

Gold & Silver Market still in stagnation for the summer holidays

Gold and Silver Market still in stagnation for the summer holidays not much happening until the labor day says Peter Hug . Gold is a precious metal that has been held as valuable for thousands of years. Gold was once used as money for trade. The more gold you had the richer you were. It never has in known history lost 100% of its value. The only problem with gold is that it is not readily negotiable. If there is a famine, who will take your gold in trade for food? Not many would if they and you are hungry. A barrel of wheat of might cost you a pound of gold. See the relationship. Value only if time is right.Gold had a correction in 08 but it only lasted for a couple of months and then started to climb back up again. The correction only hurt the people who panicked and sold at that time.Silver is part precious metal, and part industrial metal. So it's 50:50. Unlike gold which is 100% precious metal. Since silver is partly industrial metal, its demand will also depend on the industry. In addition, no central bank buy silver, except gold. Silver may go up during hyperinflation but so will other metals. But I recommend gold because it is pure money. I just hear the is 800 million oz silver for sale and only out of that is 300 million oz for sale as an investment i guess we just need 1 million people to buy 300oz a year to wipe that out we need 1 million people to invest in 300oz silver each year for few years to wipe out silver of the earth there is around 8 years silver left it should be extinct around 2021 unless silver prices go up from $27 to atleast $1000 an oz then they can start recycle the used up silver

The Gold Trade : Buy Gold, Short Miners

Until the FRAUD in the silver and gold markets ENDS, I am not buying any more silver. Just like the stock market, the fraud is too overwhelming and its no longer reasonable or sane to be involved in the BIG LIE. I am not going to take a fat loss when the market is a huge manipulated lie. What's going on IS A CRIME and should be prosecuted instead of creating more victims. Continuing to be a victim is simply mental illness and I'm not going to do it.

Peter Schiff : Gold The Opportunity of the Decade

Peter Schiff : After spending the previous fall and winter testing new nominal highs above $1,800, future investors may come to view spring and summer 2012 as the opportunity of the decade. Gold has shown its strength and retreated. While most investors will take that as a signal that the market has topped, some will take advantage of the general trepidation to add to their positions at hundreds of dollars off the highs.While I think gold is a bargain at $1,900 considering today's circumstances, the market phobia of a price collapse is allowing us to buy at well under established highs. It's as if you already wanted to go swimming, but you found out when you got there that the pool was heated. - in resourceinvestor