Marc Faber : “I don’t hear about gold. 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,” Marc Faber told Financial Sense Newshour on a Dec. 07 interview “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 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.”
- in an FSN Interview
Gold has the largest one-day drop in three months so what's going on ? : "... so from this point forward it doesn't look like it's going to be a very merry Christmas. the bulls are starting to run for the doors and, you know, the bears might be leading this parade right now for the short term ..."says Anthony Neglia, Tower Trading president.
"The short term trend is bearish and could play a role into the end of the year," he explains
James Turk, Director of the GoldMoney Foundation,interviews Johann Saiger, Who is the editor of "Midas Investment Report" and "Midas Gold and Precious Metals Report". Those two newsletters have become an indispensable guide for many private and well-known institutional investors in German speaking countries of the world. Now also available in English.In this interview Johann Saiger gives his view on the current economic situation from the inflation or deflation view point.His outlook for gold , why he does not believe that gold could be in any form of a bubble , He also discloses some short-term investment recommendations.
Rich Ilczyszyn, chief market strategist and founder, iiTrader gives his outlook for Gold and where he thinks it is headed , "well listen , i think we hit a little bit of resistance today, but i have to say 18, 19, $2,000 an ounce, probably happening next year...listen, these are the levels we are looking at now. if you look at u.s. policy i would guess that in first quarter of next year we may expand our balance sheets again a little bit, weakening the dollar. i think everyone is ready to jump on that trade. i think gold is a good way to hedge yourself." He said "i think every investor should have a little bit of gold in their portfolio. I'm not just talking about my position. I think this is a good hedge. it's also a good investment" He added "anyone who is long here should be cognizant of the concept that this is a microenvironment or macro environment" He explains
Gold Prices Soar today boosted by fears of the debt risks in Europe and the U.S. and as the Federal Reserve, the ECB European Central Bank and 4 other central banks announced a coordinated move to cut the cost of U.S. dollar swaps by half a percentage point, making it cheaper for banks to borrow US dollars and hence increasing liquidity in the markets which is an inflationary move and very bullish for safe heaven assets like gold and Silver.Spot gold rose more than 2 percent to $1,749.54/oz its highest since November 17th .
Always remember that whatever is printed on a paper is worth the paper it is printed on , including your cash , Paper is worthless , sure Gold recently is behaving badly and it is down 17 percent from its peak , but it is still up 20 percent this year and that's a lot better than most of the stocks out there
DO NOT BUY PAPER or certificates or options or store funds in the banks (aside from immediate living expenses). Only buy gold or silver for delivery in hand and buy a fireproof safe to store it in at home. Banks are already stealing customer deposits/funds (with govt approval) so do not be fooled. Buy the real deal and store it safely at home.
James Turk : today being a thanksgiving holiday (in the US ) the markets are very quite says James Turk who believes that there is still the potential of seeing gold at $2000/oz before the end of this year because there is so much potential buying power there is a lot of money waiting on the side line , gold could pop up very quickly as we saw during the last August , but if we do not see $2000/oz before the end of this year we will see it in the first quarter of 2012
Kerry Lutz - Interviews Bix Weir - November 23, : The federal reserve are the anti gold standard organization says Bix Weir , whether the IMF owns any gold they refuse to disclose the location of any of their alleged gold holdings nobody really knows , same with the FED
Jürg Kiener, MD & CIO of Swiss Asia Capital, Singapore, says moving cash into Gold physical possession is key...it is Strategic....." people are going to jump from the fire into the volcano Jürg says structurally we are going to see and more money flow into asset protection , Gold is the most strategic asset from the money point of view he added
The price of gold down the Comex in New York, bullion for delivery in December down to $ 1,677.20. Silver is also down to $31.56 . CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.commodities price drop (gold/silver) is basically investors trying to accumulate cash to buy treasuries for safety. This has everything to do with gov and bank default scare and not safety against fiat. ...But why are we talking about bank failures? Last time we had a banking crash gold and silver completely pooped along with everything else. So what does the physical investor do? Buy big on this drop this could be your last chance
James Turk, Director of the GoldMoney Foundation,says that Gold is undervalued and he talks about the MF Global collapse and its implications on the gold market particularly on the futures market, there is not enough money to save the Euro says James Turk , they made a mistake at the beginning when they decided to bailout any country that goes into trouble ,they did that in order to try to keep the banking system afloat ,
Monthly Employment Report: April 2013 – YouTube
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Check our website daily at http://www.figanews.com Monthly Employment
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TURNING SILVER COIN AND BULLION PURCHASES
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WHEN YOU HAVE TO TURN YOUR PURCHASES EVERY FEW WEEKS FOR CASH FLOW IT CAN
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Andy Hoffman - Silver Shortage & The Yen Bomb
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Ranting Andy discusses: (1) How the Yen may be in big trouble. It...
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