Kerry Lutz Interview with The Silver Shield Chris Duane 10-13-11 : despite of all the manipulation that's going on Silver is still the best way to generate wealth says Chris Duane . Chris just released his latest project, The Ultimate Exit Strategy! Junk silver has nothing of junk it is real wealth and it is the best way to invest in Silver
Bob Chapman : There is two reason why Gold went up , one it is the only currency in the world that have survived , there have been millions of different currencies they did not survive , and silver survived but historically it has more abundant than gold so it did not play the premier role that gold has but it may in the future because production is changing , you do not want to own currencies because historically everybody that have owned them have lost money lost wealth ...the other reason why gold went up is because of inflation....
Despite the massive sell off today the fundamentals for Gold remain rock solid , they sell we buy , because they see gold as a speculative investment we see gold as money the only money that preserves its value over time , paper is just an illusion , let them keep accumulating paper assets cash bonds stocks we will keep accumulating real assets gold and Silver and thanks for the discount by the way , Peter Turville-Ince, Head of Commodity & Equities Strategy at Compass Global Markets, believes that gold prices will continue to rise, and the volatility surrounding the gold market will subside.
The Recent pull back in gold is a reaction of the severity of the global financial situation says Albert Cheng, Managing Director, Far East, World Gold Council, , everybody was looking for liquidity , on the longer term the fundamental is still looking very good , the long term trend has not been changed , we see physical demand for Gold in Asia increasing whenever there is this kind of pullbacks he added , China is a key driver in global demand for gold and jewelry , Demand for Physical Gold increases in China and Asia with every pullback in the prices
Indian are buying more physical gold during this Diwali season when gold is given as gifts , Yes the golden opportunity is back this festive season as the gold prices hit a new low after the prices shot through the roof.Indian Gold Price Close to 30000 In Front of Diwali 2011 . Gold shopping for Gold Jewellery craze in Diwali . India is the second largest consumer of Gold in the world., and Indians have one of the highest per capita gold reserves in the world....
Peter Schiff: I just anted to reassure everybody that I believe that the fundamental case for owning gold and silver is stronger than ever in fact the recent price decline simply adds further support I believe to the decision tobuy gold and silver , if you have already bought some you can take advantage of the decline and buy more , and if you have not bought any at all may be you thought the train already left the station it has turned around given you a second chance ...
Dr Boom Gloom and Dom Marc Faber told CNBC this morning that he expects Gold to continue to fall "We overshot on the upside when we went over $1,900," he said "We're now close to bottoming at $1,500, and if that doesn't hold it could bottom to between $1,100-$1,200." he added , so may be we won't see the $2000/oz this year as expected , Dr Marc Faber said that he will purchase more gold in a couple of days , so use these god given dips wisely and load on gold and silver , although the price might not recover quickly as he said ....
Frank Barbera : The Central Banks are getting more and more desperate it does not seem that there is anything that can take the precious metals down except CME margin requirement hikes , the declines have been very concentrated in very short periods of times these are excellent discounts that gold and silver hoarders should take advantage of ,
The Chinese Authorities have released the first national standards on "high pure gold," a move that is likely to boost the country's gold consumption."High pure gold," as it is called in the standards, refers to the gold with purity of 99.999 percent, or "five nines," and is also the highest purity so far
Generally speaking, a gold ornament with an amount of metal reaching 99 percent is called "pure gold," and more than 99 percent is called "thousand pure gold."
Currently in the Chinese market, the highest purity level of a gold ornament usually reaches 99.99 percent, or "four nines."
With the purity of 99.999 percent, the "high pure gold" used to be used in high-tech industry, such as aerospace. It requires a higher quality of the raw material and a more complicated technological craft.
There's been no end to Chinese investors' appetite for gold in recent months. And now, an added lure - investors can buy not just 99.9 percent gold, but 99.999 percent - even purer than before. - source CCTV
This interview was recorded in London on August 6th 2011. Peter Grandich, was interviewed by James Turk discussing gold, the S&P Downgrade, the future of America, silver, the GATA Gold Rush 2011 London conference the US Treasury bubble and that no debt crisis is ever solved by adding more debt and more. Peter is the author and founder of the internationally followed blog "The Grandich Letter."