Gold : Merk Investments' Axel Merk explains to TheStreet's Joe Deaux why gold still has upside shine amid Ben Bernanke's Congressional testimony on monetary policy, and sustained global economic headwinds
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
Tuesday, February 26, 2013
Monday, February 25, 2013
Gold Bugs Hoping Bernanke Can Turn Tide
Phil Streible, Sr. commodities broker at RJO Futures, tells Gregg Greenberg his outlook for gold as Fed Chief Ben Bernanke goes to Capitol Hill.
Sunday, February 24, 2013
Peter Schiff: More Reasons Than Ever to Buy Gold
Investor Peter Schiff remains optimistic about the long-term prospects for gold, despite its recent losses.
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Peter Schiff
Monday, February 18, 2013
Peter Schiff : Gold Can Rally to $5000/oz In 2 Or 3 Years
Gold Can Rally to 5000 Dollars In 2 Or 3 Years says Peter Schiff
“Can it get to $5,000 in six months? Probably not. In two to three years it’s more likely. I doubt it will take five years. If it takes that long, it will go higher.” - in MarketWatch
Related ETFs: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)
Related ETFs: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)
Labels:
Peter Schiff
Saturday, February 16, 2013
Gold Fields South African production now down to 13% -- CEO
JOHANNESBURG (miningweekly.com) -- Production from South Africa is now down to 13% of its total production, Gold Fields CEO Nick Holland said on Thursday.
Thursday, February 14, 2013
Gold is Acting Like a Pendulum
Feb. 14 (Bloomberg) -- Bloomberg's Scarlet Fu, Stephanie Ruhle and Sara
Eisen report on the details behind this morning's headlines. They speak
on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Saturday, February 9, 2013
Gold Rush: Japan Inc. flocks to Myanmar
Gold rush: Japan Inc. flocks to Myanmar
An eyewitness report on the rapid changes engulfing the country and the prospects for further democratization
The visa section at the Myanmar Embassy in Tokyo used to be a quiet and lonely place, but not anymore. Pointing to boxes containing hundreds of Japanese passports bearing business visas, the staff there told me the deluge began in early 2012.
ANA now has all-business-class direct flights to Yangon from Tokyo,
and is operating near full capacity. The Japan External Trade
Organization (JETRO) office in Yangon reports being swamped by requests
for assistance by Japanese firms looking to cash in on Asia’s most
promising frontier. PR giant Dentsu is opening an office there this
week. I even met a young Japanese nail artist in Yangon who thought she
would try her luck in Asia’s latest boomtown.Until a couple of years ago there were few vehicles on Yangon’s streets, and hotel rooms went begging. The new normal, though, is traffic jams, packed hotels and spiking rental rates for housing and offices.
read more : http://www.japantimes.co.jp/news/2013/02/10/asia-pacific/gold-rush-japan-inc-flocks-to-myanmar/#.URc-loaIDWg
Monday, February 4, 2013
Marc Faber : I Buy Gold because I’m fearful that we will still have a systemic crisis
Marc Faber : “I buy gold because I’m fearful that we will still have a systemic crisis, that we will have wars and so forth,” added Faber, who asked host Maria Baritromo if she owned any gold in which she responded that she has jewellery and earrings.
“Sorry to say you are in great danger because you don’t own any gold, but you have a golden personality!”
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