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

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.

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

Time to Buy Gold after the 5% fall discount

Matthew Grossman, Chief Equity Market Strategist, Adam Mesh Trading Group believes the 5% fall in gold prices overnight presents an attractive buying opportunity.

Gold provides no yield because it has no counterparty risk

JAMES TURK : Yes, gold doesn't provide yield because it doesn't have counterparty risk. If you want to put your gold at risk and lend it to someone you can generate yield on that. So right now people don't want that counterparty risk because they don't know whether their gold is going to be returned or whether the euro's they haven't deposited in their bank is going to be returned, if the bank goes belly-up, or the purchasing power of the euros they put on deposit will be returned because of inflation as a result of all the quantitative easing and money printing that's going on around the world. So you can't really look at some of those "straw man" arguments against gold because they don't think they carry any weight. The more important thing is what's been actually happening in over the last 11 years - the gold price has risen in US dollar terms at an average annual rate of appreciation of 17%. Now have you been earning 17% on your dollar deposits or euro deposits every year? You haven't and so gold is going to become more and more attractive as people understand that gold is still undervalued and still very much useful, and you know, valuation is more important than price. They are different things - as long as an asset is undervalued you should continue to accumulate it and by all my historical measures, gold is still undervalued. - in mineweb

Jim Rogers : Do not sell your Gold, not yet

Jim Rogers : If somebody starts bombing Iran, everything in the world is probably going to go down for a while except maybe gold. Maybe the US dollar would go up initially, but probably everything would be hit in the shock except maybe gold. So I own gold. I am not selling my gold. I bought some gold on Monday a little bit. Not very much, but if gold goes down a lot, I would buy. I hope I am smart enough to buy a lot more gold. Gold is going to go much higher over the course of this decade. Do not sell your gold, not yet. - in ET Now
Click here to watch the full interview>>>>>>

James Turk more bullish on Silver than on Gold

JAMES TURK: Well my long-term view is that I've always been more bullish on silver than I have been on gold and the reason is that even though gold is cheap, silver is even cheaper than gold. The ratio is still in the 50s when the historical ratio is 16 ounces of silver equal to one ounce of gold, and I expect before this bull market is over, we're going to get down toward that area. But the problem with silver is that it's much more volatile than gold. Last year the ratio was at 31 and a few months later it was at 57/58. That volatility is not for everybody, but if you can handle the volatility - own some silver. My general recommendation is that two-thirds gold, one-third silver and by the time this bull market is over, the silver component of your portfolio will have a higher currency value than the gold component of your portfolio because of the outperformance as a result of the decline in the gold-silver ratio. - in mineweb

Gold $2500/oz & Silver $56/oz this year says John Embry

Gold and Silver Weekly Update - The Latest on Precious Metals - 2/18/2012 : John Embry of Sprott management said recently that he sees Gold going to $2500/oz and Silver @$56/oz this year says 2012 which is very close to James Turk prediction for this year of $2500/oz for Gold and $70/oz for silver.... Jerry Robinson interviews veteran Precious Metals Advisor Tom Cloud about the latest news on the precious metals markets.

Gold Price will kick in any day - Bill Murphy of GATA

Gold Price Manipulation Explained and Why Silver Will Soon Go Ballistic says Bill Murphy of GATA .Bill Murphy explains that he will be shocked if silver won't hit the $60/oz by the end of this year , he also explains how JP morgan was able so far to rig the market and keep the prices of gold down , which is a great opportunity for the average investor to buy more gold and silver , gold prices will kick in any day and they are ready to explode he said

David Morgan on 2012 Gold & Silver Fundamentals

David Morgan chats with "Trading Talk" on 2012 Precious Metals Fundamentals . Bob Chambers from "Trading Talk" speaks candidly with David Morgan "The Silver Fox" at the 2012 Cambridge House Economic Seminar to discuss the current "seasonality" in the market and why he believes we should expect a broad trading range throughout the first 6-months of this year.

Alan Butler : Backdoor QE3 already started

Alan Butler: Korelin Economics Report 2/4/2012 : Quantitative easing 3 already started says Alan Butler , If you follow the money the FED is borrowing Americans money to Greece and other European banks , the European banks are making money that they do not deserve thanks to the recent swap with the FED , this is a backdoor QE3 operation and the media is keeping silent about it

James Turk : Gold still Underowned & Undervalued

GoldSeek Radio's Chris Waltzek talks to JAMES TURK - Feb 2, 2012 James Turk, founder of the GoldMoney Foundation talks about the recent correction in the price of gold from all time nominal highs of 1.923$ per troy ounce and discusses the implications. He points out that there hasn't been a 20% drop in the price of gold since 2008. James explains that these periodic liquidations are a normal part of gold's bull market. He then talks about the fundamentals and discusses gold's safe haven status. He talks about how gold suffers in a liquidity event because of the rush to cash and the need to realize profit, while outperforming all other assets. James Turk recommends seeing gold as a form of savings and accumulating while its undervalued, since the trend will go much higher, rather than attempting to trade it. He also discusses Lehman, Greece, Dexia and other significant market events.

David Morgan : The rush to commodities...

Its not the price of gold silver that matter but rather how many ounces you own (in your possession). the CME is setting the Bait out again to attract more customers after having ripped them off last time with Margin rises, 5 of them in 8 DAYS! So now CME is lowering them again! "CME Cuts Gold, Silver, Platinum And Copper Margins" zerohedgeDOTcom/news/cme-cuts-­gold-silver-platinum-and-coppe­r-margins

Marc Faber : With money-printing, you never know what sector of the economy will be inflated

Marc Faber : "It is not that the gold price will go up. It is that the value of paper money will go down."
"Ten years ago we had relatively low inflation in the Western world. Now, with interest rates at zero, we have high asset valuations. Asset prices have gone ballistic in stamps, modern art, wine, you name it. Gold, silver, other commodities, equities in emerging markets, high-end real estate -- all have done well. When assets become like cash, it may be safer to hold your money in the bank. If asset prices collapse, you'll be better off in Treasury bills with zero yields. Then the central banks will print money and bail you out. At least you'll get your principal back. With money-printing, you never know what sector of the economy will be inflated. Maybe we have had profit inflation and there will be a severe correction. I don't expect corporate profits in the U.S. to collapse by more than 20% in the next 12 months."

Jim Rogers : Gold over $2,000/oz , but not this year

Jim Rogers : "I do not think it (GOLD ) will go to $2,000 this year, no. I own it and I am not planning on selling it. It will go over $2,000 one day, but not this year," - in investmentweek