Silver is a better long term investment than gold, David Morgan Interview
Thursday, December 12, 2013
Monday, November 25, 2013
Deadly landslide at Gold Mine in Guinea
Deadly landslide at gold mine in Guinea .At least 32 people were killed in the accident.
Friday, November 8, 2013
Gold Hit By Friday's Payroll Party -- November 8, 2013
Kitco News speaks with iiTrader's Rich Ilczyszyn to see what happened to
gold in the aftermath of a surprisingly stronger-than-expected jobs
report released on Friday. The U.S. employment report for October showed
that the economy created 204,000 new jobs.
Monday, November 4, 2013
Gold Market ~ We are close to the end...Jay Taylor Interview
Jay Taylor: I think what you have to do is first of all that you have to recognize that there is manipulation going on and try to understand what it is and then act accordingly. And of course the masses of people, don't get it, they don't believe it. They're content to take at face value what they're told by the mainstream media and what people really have to understand is that the manipulation is systemic. It is the fiat currency itself is a manipulative tool that allows those to control fiat money to reallocate wealth from those that produce it; Id' like to say the miners, the manufacturers, the farmers, the inventors, people that are actually doing things that are of value to other human beings are not getting their fair share. Instead the government and the Federal Reserve and the banking system, that has control and has first dibs at new money creation that really end up becoming more and more wealthy. So just by being in the system and holding dollars you are being taken advantage of. So what you have to realize is you need to get as much as possible outside the system. And the one way to reduce the systemic risk is to trade those fiat dollars, which are really worthless, they have nothing of intrinsic value, they are really just a con game, and they need to exchange those dollars for gold and silver, real estate, I would say diamonds, I would say other things that are of tangible value. That no matter what the currency does, you still have possession and ownership of those assets. Some other ideas might be to go to digital forms of wealth, like bitcoins. I'm not suggesting that's for everyone but it might be good for some people. If you're wealthy enough I would suggest people might do well to do what my friend Doug Casey and Jeff Berwick are doing and that's investing in other countries and different places. Diversify your assets to the extend you're able to.
Wednesday, October 30, 2013
Gold Worth Over $100 Trillion?
This gold coin is worth over $100,000,000,000,000.00. With the Fed
stimulating the economy with $1,000,000,000,000.00 per year in free
money, eventually something has to shake, move or give. When? How?
What will occur?
Tuesday, October 1, 2013
Gold Dive Confuses Traders
Gold tumbles, a reverse of what traders expect amid a government
shutdown, Grafite Capital's Mihir Dange tells TheStreet's Joe Deaux.
Tuesday, September 24, 2013
Gold Not Done Going Down says Eric Zuccarelli
Gold peaked when the Fed decided not to taper its bond purchases and now
the bears are in control, says Eric Zuccarelli, Independent Trader.
Wednesday, September 18, 2013
Fed Fuels Gold Market
Kitco News talks with Peter Hug about gold as the FOMC meeting unfolds. Hug says the Fed wants to taper but the question is when. The market already expects the Fed to cut its bond-buying program by $10 billion, Hug adds. "This gold market needs continuous fuel. The Fed announcement will create the fuel one way or another." According to Hug, gold is finding support at the $1,307 level and if tapering is not announced, it can go as high as $1,350. Silver will follow suit, Hug adds. Tune in now to hear how he expects metals' prices to move this week. Kitco News, September 17, 2013.
Tuesday, September 17, 2013
Andy Hoffman--Who Is Larry Summers And Why Should You Care Anyway? 16.Sep.13
Andy Hoffman joined us after a two week hiatus. I was stuck up North getting divorced and selling my house. Hope everyone survived without me okay. I'm quite certain you did. Andy raised the issued that as usual the MSM got it wrong that Summers was not the shoe-in to be the next Fed Chairman, surprise. We also discussed the fact that virtually all of the Comex's gold is gone and that gold continues to be in backwardation, which can't be the sign of a healthy market, can it? And then of course there's Syria, imagine if they started a war and nobody came.
Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
Friday, September 13, 2013
Exclusive: Inside Look at Fortuna Silver's San Jose Mine
Kitco News' Alex Letourneau takes you on an exclusive tour of Fortuna
Silver's San Jose Mine in Mexico. Have you ever wondered what a mine
looks like and how everything operates 150 meters underground? Tune in
now to follow Alex through his journey down a deep-pit silver mine and
learn about the high-grade Trinidad Deposit discovery. Alex also tours
the company's upgraded mill, which can now process 1,800 metric ton of
silver per day. Kitco News, September 13, 2013.
Thursday, September 12, 2013
Gold is Rolling Over
Dan Dicker talks with Stephanie Link about renewed weakness in the Gold trade and its related stocks.
Monday, September 9, 2013
Gold Trade Awaits Syria Decision
Congress' impending decision on Syria continues to weigh on gold prices, RJO Futures' Phil Streible tells TheStreet's Joe Deaux.
Sunday, September 8, 2013
Rothschilds Hoarding Gold
In the beginning of this century there were signs that Rothschild was starting to pull back from gold. With the announcement of Lord Jacob Rothschild that his "investment vehicle" RIT Capital Partners "has ridden the rally in gold prices but will now incrementally sell down" many observers were led to believe the ancient house was abandoning the precious stuff. Jacob Rothschild stated in 2011:
"There is I believe a growing awareness of the dangerous position which confronts many countries, particularly those in the developed world. In spite of these concerns, we continue to take advantage of areas that we believe are attractive, but we will remain cautious in terms of the quantum of capital that we allocate".
Already in 2004 Rothschild blew the horn, announcing with a loud voice (that tends to carry far and wide throughout the world's financial community) that the family was withdrawing from its gold-based assets. In April of 2004 theTelegraph reported.
Friday, September 6, 2013
Will Gold Ignore Fed Tapering?
Fed tapering hangs in the balance after a soft jobs report, and Hard
Asset Alliance's Olivier Garret tells Joe Deaux what it means for gold.
Thursday, September 5, 2013
Basel III to Boost Gold Demand?
Basel III regulations could begin affecting gold demand in 2014, AnthemVault's Anthem Blanchard tells TheStreet's Joe Deaux.
Wednesday, September 4, 2013
The Gold Deposit Scheme To Get More Attractive
In yet another attempt to reduce gold imports in India, the Govt. has
decided to boost the Gold Deposit Scheme. Bloomberg TV India gets you
more on the details.
Tuesday, September 3, 2013
Will September Be Bullish For Gold? -- September 3, 2013
Kitco's Peter Hug is back to talk about Syria and what this means for gold as everyone awaits the congressional vote on whether to give Obama the green light. "I'm not convinced that Obama is going to get the approval he is looking for to do the surgical strike," Hug says. He also talks about South African strikes and job numbers coming out on Friday. With regards to the strikes, Hug says this will be bullish for the precious metals sector. "I remain price positive on platinum, palladium and rhodium," Hug added. When asked about the BOE & ECB meetings on Thursday, Peter says he doesn't think there will be any event occurring that will be negative for the metals from an interest rate and monetary policy point of view. Tune in now to hear Hug's take on the metals markets. Kitco News, September 3, 2013.
Friday, August 16, 2013
Paulson's Move Important for Gold? And Silver's Winning Streak - August 16, 2013
Paulson's Move Important for Gold? And Silver's Winning Streak - August 16,
Monday, July 15, 2013
Buy or Sell Gold? Doesn't Matter Says Keith Fitz-Gerald
Kitco News speaks with Keith Fitz-Gerald of moneymorning.com about gold. Is it a time to buy or sell? Should you be in or out of gold? Fitz-Gerald says it doesn't matter. Watch now to hear his take on the yellow metal. Kitco News, July 12, 2013.
Monday, July 1, 2013
Production Slowdowns in Mining Gold & Silver (David Morgan)
In this interview with Ellis Martin, David Morgan of http://www.themorganreport.com discusses the temporary suspension of operations of a silver producer based on the cost of production being at par or higher with the price of silver per ounce. With many producers geared up for $30 an ounce silver, $19 remains a challenge for some. However, companies with lower production costs and near producers running a tight budget are seeing light....even as majors like Barrick Gold are pulling back. Ellis Martin also criticizes the pundits, who incorrectly sold a bull market for gold at a wishful $2500 an ounce in 2012.
Wednesday, June 26, 2013
Charles High Smith--Acquire New Skills Or Become A Mover 24.Jun.13
www.FinancialSurvivalNetwork.com presents
Charles Hugh Smith and I discussed the increasing knowledge gap in America. If you aren't in a position to make connecitons and network with people who can help you get ahead, then you must increase you skill set. In previous eras you could only acquire those skills in college. Now, however, you can find them on the internet in numerous places. In fact, a college degree could be completely worthless, whereas an online course could be your ticket to great success.
Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
Monday, June 24, 2013
Barrick Gold Laying Off 30% of Corporate Staff Due To Slumping Gold Prices
Barrick Gold is cutting about 100 jobs to "streamline" their operations. Is this due to how low gold prices are resulting in mining companies struggling to turn a profit?
The cuts are a small portion of the 25,000 employees that Barrick has worldwide but represent its ongoing efforts to streamline during a period of falling gold prices and company-specific challenges.
Most of the corporate jobs are at Barrick's head office in Toronto, but some are at its regional offices.
The cuts are a small portion of the 25,000 employees that Barrick has worldwide but represent its ongoing efforts to streamline during a period of falling gold prices and company-specific challenges.
Most of the corporate jobs are at Barrick's head office in Toronto, but some are at its regional offices.
Friday, March 29, 2013
Silver Ready to Catch Up to Gold?
Looking at gold vs. silver. Discussing silver's next move, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Wednesday, March 20, 2013
Ron Paul - Gold is the Ultimate Money - Fox Business - 3/20/13
Campaign for Liberty Chairman Ron Paul appeared on Fox Business on March 20, 2013, to discuss gold as money, the Federal Reserve's disastrous quantitative easing programs, and what happens once a government destroys its currency.
Wednesday, March 6, 2013
Marc Faber : Gold can be volatile & shake weak hands
Marc Faber :
The gold market can be extremely volatile, a normal symptom of a fiat-backed financial system inducing the public into schizophrenia—of clinging to the familiarity of a 67-year-long financial system, moving to periods of fearing total loss at the currency graveyard—will chase investors out.
Related Symbols: GLD, SLV
Friday, February 15, 2013
Philippine illegal gold mine brings misfortune
It is a mountain that is supposed to make dreams come true - Diwalwal in southern Philippines.
The site is said to hold the country's biggest gold deposit, but for some miners it has brought misfortune instead.
Twenty-one people were washed away in a landslide in Diwalwal caused by Typhoon Bopha, but their deaths were barely noticed because the mine site is a lawless, illegal operation controlled by private armed groups.
The roads were blocked shortly after the landslide, which made it very difficult for aid and rescue teams to arrive.
Wednesday, January 30, 2013
Germany Stockpiling Gold: Ted Anderson Reports
The global financial collapse is coming and expected in 2014. The Germans just do what everyone else should be doing right now... securing your financial future. The global Elite won't warn you that the financial collapse is coming. So you have to make precautions on your own and prepare yourself for anything. And that's what the Germans are doing. And seriously, Gold is an old topic in Infowars. Alex has already talked about that in 2009 and recommended everyone to buy more gold and silver.
Monday, January 28, 2013
Jim Rogers : Gold is consolidating now, a well-deserved consolidation
Jim Rogers : “Gold is up 11 years in a row. Gold is consolidating now, a well-deserved consolidation. I own gold, I’m not selling gold. If gold goes down, I’ll buy more.”
He’s bullish gold will eventually go well over $2,000 an ounce but said corrections of between 30% and 40% are normal.
Rogers owns all the metals but said if he had to buy one today, it would be silver.
Friday, January 25, 2013
What is Silver? with Sean Rakhimov of SilverStrategies.com
Minaurum Gold interviews Sean Rakhimov of SilverStrategies.com on his views of the Silver market for investing, supply and demand, current and future trends and much more.
Friday, January 18, 2013
12 Pound Gold Nugget Valued $300000 Discovered In Australia
12-Pound Gold Nugget Found In Ballarat, Australia, Could Be Worth More Than $500,000 ,There's gold in them thar Ballarat, Australia. Really big gold.
A 12-pound gold nugget, worth perhaps $500,000, was dug up Wednesday by a prospector using a $6,000 metal detector, local news site the Courier reported. A good investment, we'd say.
The identity of the prospector and exact location of the find remain secret, but the Courier wrote that the man took the mega-nugget to the Ballarat Mining Exchange Gold Shop to confirm his incredible fortune. Shop owner Cordell Kent said the nugget was unearthed nearly two feet below the land surface.
Melted down, the "nugget" would be worth about $300,000, but its rarity multiplies its value, Kent said.
An unidentified amateur gold prospector made the find of a lifetime in Ballarat, Australia, when his trusty metal detector discovered an enormous nugget of gold 60 centimeters below the surface. Evaluated at the Ballarat Mining Exchange Gold Shop, the nugget weighed 12 pounds and is estimated to be worth more than $300,000. While the prospector votes to keep his identity anonymous, Ballarat Exchange owner Cordell Kent spoke with reporters on the find. According to Kent, the gold nugget was discovered 20 miles from downtown Ballarat thanks to the prospector's advanced Minelab GPX-5000 metal detector.
Wednesday, January 9, 2013
Gold, Silver decline on sluggish demand, global cues
Both the precious metals, gold and silver, declined in the national capital today owing to subdued demand at prevailing higher levels amid a weak global trend.
Traders said subdued demand from retailers at prevailing higher levels and a weak global trend mainly led to fall in both gold and silver prices.
Gold in global markets, which normally set price trend on the domestic front, fell by USD 9.90 to USD 1,646.90 an ounce and silver by 0.07 per cent to USD 30.16 an ounce in New York last night. - in India Economic Times
Wednesday, January 2, 2013
Jim Rogers: GOLD is going to go much higher because the world is doing nothing but printing money
Jim Rogers: I own gold and I own silver. I own all
the precious metals, especially gold and silver. I'm not sure I would
buy right now. Gold has gone up 12 years in a row, which is extremely
unusual for any asset, at least in my experience. I don't know any asset
that's gone up 12 years without a down year except gold. Gold has had
only one decline over 30 percent in those 12 years. That, too, is
extremely unusual.
Plus, if you look at the open interest from the CFTC, the speculators have been piling into gold. The number of call options is more than twice the put options. All the signs are that there's too much speculation in gold right now.
I'm not selling, by any stretch. I own it. If it goes down, I'll buy more. If America bombs Iran, I'll probably buy more going up. But I own it and, over the longer term, gold is going to go much higher because the world is doing nothing but printing money. And when the world economies get bad again, they're going to print even more money. But I'm not buying now.
Plus, if you look at the open interest from the CFTC, the speculators have been piling into gold. The number of call options is more than twice the put options. All the signs are that there's too much speculation in gold right now.
I'm not selling, by any stretch. I own it. If it goes down, I'll buy more. If America bombs Iran, I'll probably buy more going up. But I own it and, over the longer term, gold is going to go much higher because the world is doing nothing but printing money. And when the world economies get bad again, they're going to print even more money. But I'm not buying now.
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