Gold Radio Cafe with Brad Yates from NTR Bullion Group - 01-27-2012 , Brad explains on a logistical point of view why is the premium on silver so much higher that that of gold and he explains why the recent FED's call is very bullish for gold and silver
Gold and Silver rallied to a 7 weeks high after the FED announcement that it will keep interest rates low for another 3 years until 2014 , the fact that the dollar continues to weaken gave support to gold too
This Gold rally seems to have originated from the FED's meeting a and the outcome of the FOMC meeting and the Fed's pledge to hold rates low through 2014 .the pledge to hold rates low through 2014 pushing stocks higher , a lot of trader called this a quasi QE3
There is an explosion in the the amount of physical gold buying around the world and especially in China. John Embry of Sprott Asset Management told mineweb recently : "You saw the number of the imports via Hong Kong into China for the last year - there were about 100 tonnes imported in November alone . If you think about that it's only about a 4,000 tonne market and in one month the Chinese import 100 tonnes. That's huge. They've been pretty forthright about saying and expressing their views on gold and other things and now they are taking action."
Marc Faber :
Well I like it (Gold) yes , but I think the correction is not over yet ,
we had a big correction from the peak on September 6th when gold hit
1929 dollars we went down to around 1522 dollars at the end of December
now we've rebounded over 1600 , I think we can have another leg down
if I were an investor or a saver I would buy (Gold) every month a little bit and not everything at the same time
Peter Schiff : buy Gold the demise of the Dollar is imminent , gold is the real safe heaven "Obviously just look at it , look at the trend , Gold is over $1600 an ounce , the media always wants to focus on the attention on the fact that it is off the high , it is not at $1900 , but how often is a market at its absolute high ? it's not like markets don't correct , gold is off its record high by less than the Dow Jones yet nobody keeps pointing that out , when you look at the long term trend the most recent correction from the highs it does not violate any trend line " " I think gold is going much higher I think we are going to make new all time highs in 2012 and continue to move higher in 2013 - 2014 , it is a major major bull marker it got a long way to go and you have more naysayers than participants "
Peter Schiff – interviewed by this week in money (14 January 2012 ) about where he sees the US dollar going " the dollar is not strong , it certainly has been less weak than the Euro recently , but both currencies are weak , gold tells you that , the price of gold is up not at a record yet but the trend is clear in the upward direction so I think both the dollar and the Euro are losing value currently the euro is losing it a little bit faster than the dollar , but I think in the long term the problems in the US are actually larger and more severe than the problems in Europe and I think are more dangerous to blow up in the short run so I think that the people are exaggerating the demise of the Euro not focusing on the more imminent demise of the dollar and in the process they are buying some extra time for the dollar because a lot of this European flight money is going into the US treasuries and that's allowing the US government to stimulate the economy more and the stimulus is the problem it is like a toxic drug and the more government stimulus we get the more sicker the real economy becomes "
Jeff Kilburg, TreasuryCurve, discusses the play on the dip in the gold and silver , as oil prices slip. "The GLD, the 162 level. looks like it's running up to the 170. i think it's bringing silver with it. we're seeing people pile into this trade. as we've seen the last year or so, everything gets crowded. it's not over yet in my mind." says Jeff Kilburg
David Morgan on How to protect your Shares and assets , Silver Guru David Morgan gives his insights and recommendations on how to avoid a MF Global kind of bankruptcy , do not let your broker rob you know where to invest and how to invest with silver guru David Morgan
Charles Goyette, talk show host and author of The Dollar Meltdown warns about the economic calamity the Republicans and Democrats are creating, Charles Goyette is spot on. The US is in such deep trouble. If they cut spending and balance the budget there is going to be a massive economic retraction. If they don't and they keep interest rates too low and keep printing money the dollar will eventually become worthless and there will be massive inflation.What is going on is the fiat money age is over.Nobody wants to play the banksters rigged game anymore.Gold and Silver...next stop, THE MOON!! If you're still holding "paper" when this happens, you're screwed!!
Dentists use silver fillings, its used for photography, electronic products for it's superior conductivity, high capacity batteries, space equipment, cell phones, some tv's, computers, medical equipment, etc.. Gold and Silver have a huge demand apart from being the perfect medium of exchange!
Bob Chapman is expanding on the question that many of us ask about how much gold coins are we allowed to have in our pockets while crossing a border , many want to leave the US and they want their gold with them , it is obvious that the laws and regulations are changing all the time and they change from one country to another including the country you are planning to go to , so Bob Chapman is recommending to contact high ranking officials and ask them about the regulations regarding gold and have all that printed so that you can show it to any custom official when you are leaving in case of complications , better again says Bob Chapman is to sell your gold in the US and buy it back in whichever country you are heading to and obviously have the money transferred to your new bank account overseas....
Time to Buy Gold Miners? "yes. obviously i'm a big believer in the gold miners as a good way to gain leverage to gold. gold itself, actually finished not as high as we thought it would be last year. it got sold down at the end of the year. i think we've got a good opportunity to buy in now off some fairly low levels. we're looking for $18.50 an ounce this year on average. we see the gold price moving up from current levels towards the end of the year to much higher levels" says Patrick Chidley, HSBC Global Research,
Gold prices are rising today despite the strong dollar mostly due to strong Chinese imports of gold which during the last quarter of the last year , China imported a 103 tons of gold in the month of November 2011 alone , it was all in anticipation of the Chinese new year which starts next week
Trends forecaster Gerald Celente says that he is bullish on gold and also silver due to that fact that the FED will continue to print more fiat money and that now we have India and China in the gold and silver market unlike in the 70s and 80s when both countries were still behind iron curtains , Gerald Celente like to invest in gold in the form of 10 ounces bars and one kilo bars , and in silver he likes in in 100 ounces bars
David Morgan ...overall the trend will be higher I am expecting actually to see silver pretty much double over the course of 2012 going roughly from $30 to $60 " David Morgan says that it will take sometime to get through that psychological barrier of $50 but that it will happen during the course of 2012 , David Morgan says that he is buying more silver right now
After a disappointing QE4 last year , Gold is starting 2012 with a strong upward trend as capital continue to look for safe heavens , the geopolitical uncertainties creating in the straight of Hormuz are going to help gold trade higher , not to mention to continued Eurozone debt problems and uncertainties about the future of the Euro , the fundamentals for gold are stronger than ever Gold is the ultimate safe heaven for the wise capital , and I think we are headed for a very nice rally in this 2012 year ...tighten up your belts we are about to take off .....
Marc Faber: ......All I can say, the risk today as an investor is not to own gold, but it’s not to own any gold. If you have no gold at all, I think you’re taking a risk. And my advice is simply every month you put some money aside and you buy a little bit of gold. Depending if you’re very rich, you buy every month a ton. If you’re very poor, you buy every month an ounce or whatever it is, or a gram. But every month, you accumulate. You don’t worry about the price. Look to it and you just buy every month a little bit. And your grandchildren will be very happy about that unless the US government takes it away. That is a possibility with Mr. Bernanke. You just look at him. He’s basically not a particularly honest character. - in The Financial Sense Newshour
Dec 30, 2011 : Founder of Sons of Liberty Academy Chris Duane on the Financial Survival Network interviewed by Kerry Lutz
WAKE UP AMERICANS - WE HAVE GIVEN UP OUR RIGHTS. WE THE PUBLIC OWNS THE AIRWAVES, SO WHY DID WE LET CORPORATIONS GREEDY GRAB AND CONTROL AND DOMINATE THE LAME STREAM MEDIA?? WE NEED TO DEMAND OUR GOVERNMENT BREAK UP THESE MERGER MENIACS AND DIVEST AND BECOME LOCAL AGAIN. WHEN GE OWN NBC, MSNBC AND PAYS NO TAXES. WE HAVE A PROBLEM. WE THE PEOPLE NEED TO VOTE OUT EVERY SINGLE CONGRESSMAN AND SENATORS WHO BARACADED THEM SELVES IN THEIR IVORY TOWER W/ POWERFUL CORPORATE LOBBISTS. GET REAL!
Debt Collapse - $20,000 Gold - Mike Maloney On Gold and Silver & Economics .a must see for anyone holding any form on 'currency'!
Mike Maloney inspired me to start a Gold & Silver Collection to preserve my wealth! Priceless information Thank you for your awesome wisdom Mike!! Your saving millions of people's financial futures! I bought his book in 2008...bought my first round of PM's after finishing. Since then, I have read it two more times. There is such an incredible amount of information...like many others, I feel indebted to this man for offering his knowledge.I figured that ounces of gold that the US government has to the True Money Supply is $23,734 per ounce.I don't think of the bank balances as money the same as notes and coins because if if the actual reserves aren't there, the bank defaults on withdrawal obligations.
What fractional reserve does is increase the velocity of money. It increases the supply of credit and it's really bad.Inflation is not even a problem for people who understands that today's money is WORTHLESS, you DO NOT under ANY circumstance save MONEY, you invest money in value (eg. gold, stocks, real-estate and whatnot).
The only money you should have is to cover your cash-flow,