Peter Schiff, CEO of Euro Pacific Capital, makes a bullish call on the precious metal, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Friday, March 29, 2013
Friday, March 15, 2013
Max Keiser ~ Gold to hit $10,000 per ounce in 21st century?
Max Keiser and Stacy Herbert ask why China fears currency war. They also look at Johnson & Johnson's big loss on Venezuela's currency devaluation and what this means in a currency war world where major devaluations can happen at any moment. In the second half of the show, Max Keiser talks to Jim Rickards, author of Currency Wars, about which nations are winning the war.
Sunday, March 10, 2013
This is a black eye for Gold says Adam Klopfenstein
“The employment data is very positive and is pushing gold down,” Adam Klopfenstein, senior market strategist at Archer Financial Services, tells Bloomberg.
“This is a black eye for gold, as this data brings back the assessment of when quantitative easing may end.”
- in Newsmax
Saturday, March 9, 2013
Marc Faber – How The Last Gold Bubble Worked
“I lived through the last gold bubble between 1978 and January 1980.
The whole world, whether you were in the Middle East or in Asia or
Europe or in America was trading London gold, buying and selling every
day.”
“This has not happened yet, and it hasn’t happened. Your friends, the
deflationists, have been telling people that gold will collapse to $200
an ounce for the last 10 years and that’s it was in a bubble.”
“[They] said it [gold] was in a bubble at $500; they said it at $600, and they’re still maintaining it. So a lot of people they don’t own it; they bought it and sold it again. But in the meantime, gold has moved into sold hands.”
- Marc Faber
“This has not happened yet, and it hasn’t happened. Your friends, the
deflationists, have been telling people that gold will collapse to $200
an ounce for the last 10 years and that’s it was in a bubble.”“[They] said it [gold] was in a bubble at $500; they said it at $600, and they’re still maintaining it. So a lot of people they don’t own it; they bought it and sold it again. But in the meantime, gold has moved into sold hands.”
- Marc Faber
Wednesday, March 6, 2013
Marc Faber : Gold can have strong corrections
Marc Faber :
A 30 percent correction or 40 percent correction cannot be ruled out, but as I maintain, again and again, I’m not going to go and sell my gold,” Faber said forcefully, as he explained that owning gold is should be viewed as the ultimate insurance policy to cover financial calamity.
Tuesday, March 5, 2013
Gold Poised for an Upswing?
RBC Wealth Management's George Gero tells TheStreet's Joe Deaux new buyers could emerge as China may approve a new gold ETF.
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