Thursday, December 15, 2011

Marc Faber : Gold not in a Bubble

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

Monday, December 12, 2011

Gold Falls to 6 Weeks Low and Could Drop Lower

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

Friday, December 9, 2011

Gold held its value throughout the ages

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.

Monday, December 5, 2011

Gold Price about to Explode from here

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

Wednesday, November 30, 2011

Gold Prices Soar on Liquidity Boost

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 .

Monday, November 28, 2011

Invest in GOLD , the only Real Asset

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.

Thursday, November 24, 2011

James Turk Gold outlook 23rd Nov 2011

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

Bix Weir outlook for Gold & Silver Market

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

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