Thursday, April 5, 2012
“If you look at the MF Global case, it seems—I don’t know for sure—but it seems some people got their money, but not others. This is a very disturbing thing to happen in the financial system. And when I see this, I think we have to be very prudent, so I would hold a safe deposit box outside the U.S.. “Now the question is: how is it to hold a safe deposit box with a bank if the bank closes down. And this happens,” Faber continued. “You can also hold safe deposit boxes in duty-free stores, warehouses at airports around the world. In Switzerland we have them; in Singapore we have them, and so forth. So that’s a possibility.” Faber explained
Friday, March 30, 2012
Thursday, March 29, 2012
Wednesday, March 28, 2012
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
Thursday, March 22, 2012
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
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
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
Friday, March 9, 2012
Marc Faber : "I'm not sure that Gold will not make a new high this year, but I think we've bottomed out and some gold min...
Gold Mining Shares have become very very inexpensive says Marc Faber : I am not sure that gold will make a new high this year but I think...
Central Banks Purchased 70.3 Tonnes Of Gold In April 2012! : Data from the IMF showed that Argentina purchased 7 tons of gold last year as...
An ingot is simply a bar of gold; it may have some standard specification as to size or weight, a .9999 is refined gold (highly refined---...
Peter Schiff : I own a lot of gold i own a lot of gold stocks , over the last 6 months to a year they have not gone up in fact the gold st...
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com For the wea...
Question : Are We Going Back To The Gold Standard ? Jim Rogers : I think it's unlikely. I know there are lots of people who would...
Silver and Gold prices have taken a nose dive on Thursday and then again today Friday . $1,500 Key Support Level for Gold says Jon Nadler, ...
Thailand is taking part in the global gold rush. There is so much demand for it that the Thai Gold Traders Association says some shops hav...
Bob Chapman : gold and silver are going to go up a 100 to a 150 percent within the next 6 months Bob Chapman : ...commercials m...