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.
Subscribe to:
Posts (Atom)
Popular Posts
-
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---t...
-
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...
-
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com For the wea...
-
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...
-
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...
-
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...
-
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, ...
-
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...
-
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...
