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Friday, March 30, 2012

The Gold Silver Correction is Over says Gary Wagner

Gary Wagner Thinks the Precious Metals Correction is Over--03-29-2012 Gary Wagner of "The Gold Forecast" discusses gold and silver prices from a technical perspective. Although Wagner sees triple-digit silver prices as a near certainty, he predicts that The Gold Silver Correction is Over .The Fed doesn't want to bring gold prices down. Bernanke has openly stated in meetings he wants to keep the value of commodities and housing prices inflated higher via inflation. If he doesn't it allows deflation to rear its ugly head. And he is dead against any kind of deflation. I expect Gold to be $2000/oz before they even start to touch interest rates or stop pumping liquidity into bonds, paper gold and silver.

Thursday, March 29, 2012

Indian Boycott Impacting Gold

Indian Boycott Still Impacting Gold : Adrian Ash, head of research for BullionVault, says the situation in India is still weighing on gold prices.The Indian government has said it will review a new tax on unbranded gold jewellery, after 11 days of protests by gold shop owners. Shops have been closed in some parts of India since the levy was announced in the federal budget on 16 March.

Wednesday, March 28, 2012

Gold - Independent Money

Short animation arguing for re-introduction of gold as money because of its independence. Written and narrated by Dominic Frisby. Animated by Pola Gruszka. Sponsored by Gold Resource Corporation. the fundamentals and principals behind gold are rock solid (pun intended). Just look at the central banks of all the wealthy countries hoarding gold like crazy. Gold is also being heavily used in small electronics now days. All of this new smart phones have a decent amount of gold. Gold conducts electricity very well even on a nano level. So yes, gold does have other uses.

the interest rate system must be abolished as well. it is mathematically impossible to pay back interest, and the interest on the interest, with a fixed money supply (as it would be with gold, since gold mining is projected to run out sometime the next 30 years, thus money supply would then be stable) so interest rates are fraud to begin with and can only lead to more money printing to pay the banks -> inflation, or implosion of the system. also, fractional reserve banking is fraud

Monday, March 26, 2012

Gold getting a Bernanke bounce today

Gold getting a Bernanke bounce today , Gold and silver moved shortly after FED Chairman talked , another push to the gold and silver prices came from the Italian PM who said that he was worried about the possibility of seeing Spain going bankrupt , investors are expected to start flocking again into gold and silver markets

Thursday, March 22, 2012

Gold is Money

Gold is Money it retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy. Investor demand for gold has increased tenfold in 10 years indicating that the commodity is entering a new phase of the gold bull market as China and India drive demand. The price of gold has also been affected by global monetary stimulus programs and the exchange rate between gold and paper is expected to rise even further, with analysts predicting that the next 12 month target for gold will be USD 2,000.

In Gold We Trust: The Future of Money in an Age of Uncertainty
The Economist has published a new book, authored by Matthew Bishop, American Business Editor, on gold and the future of money. "In Gold We Trust" is available globally on Amazon as a Kindle Single.

Wednesday, March 21, 2012

Ben Bernanke Anti GOLD Speech At George Washington University

Ben Bernanke Anti GOLD Speech At George Washington University . Mr. Bernankes Class is in: Print Money, charge Interest on it....Have a Great Day Kids.

Federal Reserve Chairman Ben Bernanke is trading in his chairman hat for that of a college professor. Bernanke has given the first of four lectures to students at George Washington University. Four times starting Tuesday, Bernanke will take a break from his day job to revisit the academic life he led -- and, by all accounts, enjoyed -- before coming to Washington a decade ago. He'll stand before a class of George Washington University undergraduates and deliver a series of lectures on the Fed.

Monday, March 19, 2012

Central Banks Hoarding Gold after the Big Drop

Central Banks Buy Gold On Last Week's Big Drop . Central Banks are buying gold on the dips having bought about 4 Tons the past week according to insiders. Central Bank Gold Buying is a Game Changer" Also remember, China is dig the hell out of their ground and are now the number 1 miners of both gold and silver in the world. You think they are reporting to any agency or institution on how much they are mining?! It's a game theory, the first country to run back to gold will cause the chain reaction... those with gold will win, those without lose.Central banks are taking advantage of the fact that the price of gold dropped 3 percent last week. Reuters said that central banks bought about $250 million worth of gold last week through the Bank for International Settlements.

James Turk on The Gold Standard

James Turk on The Gold Standard

Gold is a good inflation hedge, just don't get into the futures game unless you wanna get hammered when the banksters manipulate the market. James Turk Director of the GoldMoney Foundation argues that the gold standard has been proven to be a working monetary system with automatic leveling functions. As a result of the coming structural changes to our monetary system, both men recommend owning tangible assets. They point out, that those who act first have a great advantage.He also speaks about currency devaluation and the rising gold price. How the gold price is rising against all major currencies and monetary policy is political, having abandoned all pretense of seeking monetary stability. He warns of the dangers of a hyperinflationary crisis. James also explains why gold should be considered money and not an investment.James Turk mentions that today, commercial banks as well as central banks are leveraged at unsustainable levels. While both agree that it makes sense to get back to less risky traditional banking and a sound money system, He raises the question of how it will be possible to bring the leverage down to prudent levels again and how to get rid of the huge amount of complex derivatives. He also talks of the coming dollar collapse and the waterfall decline in the dollar, especially since Ben Bernanke's words on QE

Wednesday, March 14, 2012

Jim Rogers : Gold below $1,600/oz is a good Buy

Jim Rogers : I’m certainly watching, if it goes below $1,600 I’m sure I’ll buy more. If it goes to $1,200 I hope I’m smart enough to buy a lot more. Gold has been up 11 years in a row now, which is extremely unusual for any asset. So it would not surprise me if gold doesn’t ... continue to have a nice correction in 2012. If it does, if it does, I hope I’m smart enough to buy a lot more. I’m not selling. I’m not selling. I have not sold and will not sell until the bubble comes. There will be a bubble in gold some day but that’s ten years, I don’t know, several years from now. I hope I’m smart enough to sell when the bubble comes. - in businessinsider

Friday, March 9, 2012

Marc Faber : Gold is not in a bubble

Marc Faber : No, gold is not in a bubble. It wasn't in a bubble in 1973, either, but it still corrected by 40% then. I don't believe gold is anywhere near a bubble phase. A bubble phase is characterized by the majority of market participants being involved in a market space. I saw a gold bubble in 1979–1980, when the whole world was dealing—buying and selling gold 24-hours a day, globally. - in a recent interview with the Gold report

Saturday, March 3, 2012

Gold backed Yuan to replace the Dollar - Doug Casey

Doug Casey : This Week In Money - 3/3/2012 Doug Casey, founder and chairman of Casey Research Institute, he says that he likes silver even more than gold silver being a very undervalued and smaller market , Donald Trump is a good entertainer but he does not understand the markets says Doug , OPEC does not set the oil price the market does , the prices of oil will go even higher from here

Bill Murphy explains the Gold & Silver selloff

Bill Murphy heads the Gold Anti-Trust Action Committee GATA explains the recent Gold and Silver sell-off , the Chinese and Russians know what's going on , The western elites will never allow gold to gain momentum in strength as long they can prevent it. Doing it would mean total end of this world as we know it. If Gold starts to seriously take over dollar Russia, China and other countries will take over the as superpowers. I'm quite sure Russia would start to harass surrounding countries and so on once it occurs. I'm not so sure of anything anymore. It's a circus now and a hidden gold vs dollar war.

Friday, March 2, 2012

John Embry : Gold & Silver on the cusp of breaking out

John Embry -- Chief Investment Strategist at the Canadian firm Sprott Asset Management -- discusses the recent correction in the gold and silver prices , John argues that long-term savers and investors in precious metals should not panic in the face of such corrections because gold and silver are on the verge of a break out especially when we take into consideration the rising gas prices and its impact on the cost of mining gold and silver

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