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Tuesday, May 31, 2011

Gold a Currency, Not Commodity says Eugen Weinberg

Gold is being driven by the weakness of the dollar and the low interest rates says Eugen Weinberg, senior commodity analyst at Commerzbank, interviewed by CNBC. "We need to look at gold as something different than normal commodities which are really profiting from the scarcity (of) the supply and demand,"  "We need to look at the gold as a currency, and the currency is being driven by the developments in Europe."



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Roger Wiegand : futures trading patterns are signalling a positive move for gold in August

Roger Wiegand sees August futures pointing gold upwards! . Roger Wiegand is the Editor and Publisher of Trader Tracks a Stocks, Futures and Commodities electronic newsletter publication for active traders. In addition, Roger writes a weekly column, "Rog's Corner," For J Taylor's Gold and Technology Stocks Newsletter



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 30, 2011

Gold Dinar & Silver Dirham

1 dinar is 4.25 gram gold, its not 1 ounce of gold that is 31.1 gram gold !
Very interesting. When this has been tried in the USA (having competing currencies in gold and silver parallel with federal reserve notes) the people doing it were arrested. That's probably because what the guy say here is true, silver and gold in the hands of the people represents freedom from government control and manipulation of the money supply.



People get arrested because of the legal tender laws, which make possible the machinations of a central bank and their printing of paper money. Without that force of law, people would choose a different medium of exchange over that which can be printed into oblivion.

Gold to hit $1750 and Silver $50 - $60 in the Short Term says Juerg Kiener

Gold to Hit $1750 in the Short Term says Juerg Kiener and multiple thousands in the medium term 1215 and 1216 , by that time silver would be worth around $500 an ounce he added : Lack of trust in governments in the western world is moving more and more people into physical ownership of gold Juerg Kiener, managing director and chief investment office at Swiss Asia Capital told CNBC. He added gold would hit $1750 an ounce in the short term with silver hitting $60 an ounce and that gold could hit multiple thousands of dollars by 2016 with silver above $100.





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 29, 2011

James Turk : $8,000 GOLD and $400 SILVER between 2013 and 2015

James Turk : ...well let's step back and look at the long term point of view I am sticking to my long term forecast that sometime between 2013 and 2015 Gold will be about $8000 and ounce and Silver will be about $400 an ounce , the ratio between the two metals will be 20 ounces of silver to buy one ounce of gold , I made this forecast back in October 2003 , obviously when the price of gold and silver was much much lower , the point I am making is that we are in a financial bust and during a financial bust like the one we have been in for several years and still few more years to go people move out of financial assets and move into tangible assets because they are looking for a safe heaven , they want to avoid counter party risk and the safest of all heavens are the precious metals because they are tangible assets with no counter party risk , so for the longer point of view we are still heading into a much much higher , you mentioned the way I approach the market which is to continue accumulating , do not view gold as an investment it really is not an investment because it does not generate cash flow it's really money and when you accumulate gold you are actually saving money and saving money is a good thing , at some point in time in the future we are gonna take these savings and either invest them or we gonna spend them or just continue to hold them , at some point in time in the future gold will be at the maximum and you want to take advantage of everything that you are saving now through the these difficult economic and financial times , in regard to the short term , I am looking for a a pop up in gold price this summer and it relates back to what happen in the summer of 1982 when the Mexican government defaulted on its debt and it sent gold up 50 percent in three months and a double in six months , the circumstance today is very similar , the government ready to default though is not Mexico , it's Greece Portugal Ireland may be even Italy who knows , any number of countries that will be defaulting on their debt and when that happens I think that could really light a fire out of the Gold price so ...be prepared for an upside jump in the gold price this summer ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, May 28, 2011

Sheikh Imran Hosein : The Paper Money is the Biggest rip-off in human history

Islamic reknown scholar Sheikh Imran Hosein : The Paper Money is the Biggest rip-off in human history ,Sheikh Imran Hosein he explains how Richard Nixon repudiated a treaty obligation (Bretton Woods ) by introducing paper money instead of gold backed money in September 1971 , since then no paper money is redeemable in Gold , but the rip-offs is not over yet , the elite are planning to crash the dollar and all paper money with it in around 2012 , and introduce instead the Digital Money , in this way they will have further control over people's wealth and transactions , his is an excellent analysis by Sheikh Imran Hosein in accordance of what other people are prognostication like Pastor Lindsey Williams who says that according to his sources the US Dollar and the Euro will be dead by 2012 , this is the elite's plan ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

A brief history of GATA - Bill Murphy

Bill Murphy Chairman of the Gold Anti-Trust Action Committee, and James Turk, speaking about the GATA history mission and activities , GATA is having its fourth conference the ' Gold Rush 2011 ' conference in London from August 4-6. Jim Sinclair will be a speaker at this conference , it looks like any time that GATA has a meeting the gold price goes up noted James Turk , so let's hope it will be the case this time again ...




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, May 27, 2011

Bill Murphy, Gold should be $2500 by now

Bill Murphy, chairman of the Gold Anti-Trust Action Committee (GATA), : ..free market price of gold if it kept pace with inflation would be $2500 right now and it is only $1500 and change , well that seems like a lot compared to years ago when it is done but that's an example of what the price suppression scheme has done , all these gold cartel can do now , because they do not have the gold that people think they have is manage a retreat keep an excitement to a minimum try to keep gold out of the headline as a barometer of bad tidings for the financial world , but these gold cartels been losing they are gonna lose they are in deep trouble is no telling what silver can do in the upside the public is just waking up in the United States to Gold and Silver the ownership of each is tiny , it is a very exciting time for , to be involved in precious metals and also for GATA .....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bill Murphy : Paper silver vs physical silver

Bill Murphy, Chairman of GATA the Gold Anti-Trust Action Committee, interviewed by James Turk, Director of the GoldMoney Foundation .Bill Murphy : ...the price of gold is gone too high a lot of people cannot afford an ounce of gold but they can afford Silver at these prices and because the west is so momentum oriented all of a sudden it is becoming fashionable that to own gold and silver , somebody the other day said they went to sell their silver and there was lines at the coin shops and they taught there was people going to sell their silver , they were (instead) buying !!! I think it is very encouraging from my stand point because it is making the life for the gold cartel and the people in the short side it is ruining them it is killing them , I mean they are deep under water , you well know they raid the market they tried tricks by raising the margins they attack at certain time , it is not working , in the old days years ago they will make moves like these there will be many many months before the price can recover because there was so much technical damage in terms of the technical market , now because of the physical market which you are talking about and that what I say that's where the importance is , you got these dips Floomps people are flocking in on every dip , so their games do not work like they used to and that's why we gonna to have something that's never been seen before in a market in America ...."

" I think that's too (the collapse of the dollar) , Silver is going bananas it's just bid bid bid , and the shorts at some point they have to cover something may be not the one being bailed out by the government but if you short silver .., just the other day I put in my commentary about Carlos Slim putting on hedges all type of Gold this is the richest guy in the world , he is not going to be the richest guy in the world if this keeps going on ......




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Max Keiser : China the new Gold bug

"....China is now top gold bug , china investment demand for gold more than doubled to 90.9 metric tons in this first quarter of 2011 compared to 2010, they now out paced India which is historically the largest Gold investor in the world , and it is not just China cause global gold investment demand increased by 52% to 366.4 tons in the first quarter , helping off-set a 56 tons outflow from exchange traded funds which are popular investment tools in the west " says Stacy Herbert cash in your ETF and hold physical gold , there is an outflow from paper and inflow into solid gold and yet the mainstream media keeps on repating that the gold bubble has popped because people like George Soros are selling their paper Gold ...Gold stand Rock Hard baby says the one and only Max Keiser



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, May 26, 2011

Return to the Gold Standard May 21, 2011

A great interview on CSPAN about the return to a gold standard. The interview also touches on Ron Paul and SDR's.Ralph Benko talked about the gold standard and the push by some conservatives to return to it. South Carolina is the latest state to propose a bill that would make gold and silver coins a form of legal tender in the state. Utah was the first state and more than a dozen other states are considering similar moves. He also responded to telephone calls and electronic communications.

Wednesday, May 25, 2011

Who is The Mystery Gold Buyer? - CNBC 5-24-2011

Gold futures hit their highest settle in three weeks, with the Fast Money traders.Someone bought 50 000 Gold Call options between $16000 and $18000 out of the money expires September , total $50 Million in Call premium paid it is likely to be a central bank or a sovereign fund are they betting on QE3 ? or is it just a speculative move ?




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, May 24, 2011

Tungsten Plated Gold Bars

All hell will brake lose when the general public finds out about this...spread the word, buy gold in 1 oz or smaller which is impossible to forge, and impractical, it would cost more than the gold value, to make the smaller bars or coins.From the China Tungsten website: ".... tungsten is environmental-friendly, durable and hardness, the most important is that its density of 19.25g/cm3 is just about the same density as gold (19.3g/cm3), which bears the similar specific gravity.These advantages make tungsten .... the best substitute for the costly metal of gold or platinum..... a coin with a tungsten center and gold all around it could not be detected as counterfeit by density measurement alone."



I was priviliged enough to personally witness a 400oz bar cut up, revealing it was tungsten inside. Only a thin coating of genuine 9.999 over the outside, probably less than a quarter of an ounce! And this was a bar that was within the central bank system and leased out to Heaven only knows who! This was well over 20 years ago so it's nothing new. God only knows by how much central banks' claimed gold holdings are removed from reality. In the scale of bank scandals, this is THE BIG ONE.

Victor Sperandeo and James Turk on Silver Market Volatility

James Turk, Director of the GoldMoney Foundation interviews Victor Sperandeo President and CEO of Alpha Financial technologies and a Wall Street trader and financial commentator about what's going on with the Silver Market lately . Victor Sperandeo : the volatility of Silver using the standard deviation of the last ten years it's 32 percent it's more than double the S&P it's far more than the NASDAQ , it is the most volatile object on the face of the earth , the trading algorithms that make money on silver are the long term because they are fundamentally driven , Gold and Silver are long term fundamentally driven objects


Monday, May 23, 2011

David Morgan : The Real Silver to Gold Ratio is 6 to 1

David Morgan - Financial Sense Newshour May/20/2011


David Morgan says that the 16 to 1 and the 15 to one silver to gold ratio that many analyst talk about is in fact the monetary ratio that was when both silver and gold were both money it was dictated when both silver and gold were accepted as money , you can trade 1 ounce of gold for 16 ounces of silver for example , but the natural ratio in the crust of the earth from as far as we know in all recorded history there are 42 billion ounces that were brought out of the earth in all of recorded history and regarding gold it is around 7 billion ounces regarding whose study you take so the real ratio is actually 6 that's the natural ratio says David Morgan





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 22, 2011

Gold and Silver are God's Money

Only Gold And Silver Can Be Real Money . The dollar and with it all paper money are quickly losing value and the whole debt crisis is emerging, Farming and Agriculture is a great way to be self sufficient and also Gold and Silver are Gods money and not the dollar or any other paper currency. Now is a good time to prepare and have a shift in values.My suggestion is to hoard physical gold and silver for the next two to 5 years and when the prices of gold and silver become astronomical in the range of $10000 an ounce for gold and $15000 an ounce for silver , to convert part of your gold and silver into real estate and especially into farmland , keep 50% of your gold and silver cause the prices are probably go even higher in the range of 50K to 80K an ounce for gold ...during the Weimer republic hyperinflation , people were able to buy whole blocks of real estate in the heart of Berlin for few ounces of Gold, history repeats itself as we know especially for those like Ben Bernanke who never learn their lesson

Saturday, May 21, 2011

Mike Maloney : Silver how to Profit from the Greatest Wealth Transfer in History

This is an excerpt from Mike Maloney's presentation " Silver how to Profit from the Greatest Wealth Transfer in History" at the 2011 Casey Research Spring Summit : anyway this turns out The Dollar is going to go into a crisis of confidence there is just no escaping that you cannot do what they have done to the monetary system over these years , you can't cheat gold the way they have done and not have it coming back to haunt you someday ,...Deflation is Ben Bernanke's worst nightmare and it is happening right now




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, May 20, 2011

Gold back over the $1,500 mark

Gold is back over the $1500 mark , most analyst are optimistic and see the gold bull run going on for the next 3 years or so , many predict to see gold at $2000 /oz before the end of this year , Silver is up too today and it is over $35/oz



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bill Murphy on Gold Silver price manipulation

Bill Murphy - Goldseek Radio May 18, 2011

Goldseek Radio Special Guest Interview: Bill Murphy on gold price manipulation and his economic and precious metals outlook (lemetropolecafe.com)
(Chairman of GATA – The Gold Anti-Trust Action Committee)
Bill Murphy is a well-known financial commentator and is the Chairman
of the Gold Anti-Trust Action Committee (GATA.org).
Gold and Silver are so undervalued says Bill Murphy this is the greatest investment opportunity in History ....



Bill Murphy : "The Gold Anti-Trust Action Committee (GATA) was formed in January
1999 to expose and oppose the manipulation and suppression of the
price of gold. What we have learned over the past 11 years is of great
importance in regard to this hearing on position limits in the
precious metals futures markets. Our efforts to expose manipulation in
the gold market parallel those of Harry Markopolos to expose the
Madoff Ponzi scheme to the Securities and Exchange Commission.

"Initially we thought that the manipulation of the gold market was
undertaken as a coordinated profit scheme by certain bullion banks,
like JPMorgan, Chase Bank, and Goldman Sachs, and that it violated
federal and state anti-trust laws. But we soon discerned that the
bullion banks were working closely with the U.S. Treasury Department
and Federal Reserve in a gold cartel, part of a broad scheme of
manipulation of the currency, precious metals, and bond markets."


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, May 19, 2011

Gold strong fundamentals Driving Demand

"Since the start of this bull run in 2002 it's been an orderly rise in price, I don't think we can argue that it's not reacted properly to the world situation," says Marcus Grubb, managing director investment at the World Gold Council told CNBC. , the dollar is now a derivative with no under layer , thefear of sovereign debt default and inflation will keep driving gold prices higher




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Mike Maloney Why Gold & Silver? FULL MOVIE

An excellent documentary by Mike Maloney featuring James Turk Ron Paul Robert Kiyosaki ...the safest place to be are gold and silver now they are dirt cheap this opportunity is not going to last forever , you will still going to be able to buy a medium size house for 1000 ounces of silver just history repeating itself....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, May 18, 2011

David Morgan hosts a Silver Conference with Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull - 14 May 2011

David Morgan hosts a Silver Conference with precious metals experts and analysts : Eric Sprott Rob Kirby Bill Murphy James Anderson Bob Quartermain SGTbull , these mainly bulls will explain how the markets are rigged why the gold and silver is not in any kind of bubble and why you should hoard physical silver and gold for the long run the Bull market is just about to begin you have not seen anything yet ....ENJOY the ride :

Tuesday, May 17, 2011

Hong Kong Mercantile Exchange begins offering of yuan-denominated gold future today

First physical gold delivery right beneath the Hong Kong airport the new Hong Kong Mercantile Exchange starts offering today yuan-denominated and dollar - denominated gold futures this is the first time that future contracts with gold are offered with physical delivery unlike of what is happening in the COMEX , this is a new different market that should appeal to the asian investors in particular. The Industrial & Commercial Bank of China-backed bourse plans to introduce dollar silver futures by June after trading of dollar-denominated gold futures begins today, Albert Helmig, president of the exchange, said. China is promoting the use of the yuan in global trade and investment to reduce its reliance on the dollar.







Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Eric Sprott : I am a buyer of Silver today and tomorrow

Max Keiser guest Eric Sprott on commodities prices  (12May11)

Eric Sprott : I have always looked at silver and gold as a situation where the demand will exceed the supply and when I looked at gold in the last decade we had a great change from the demand side which central banks used to be sellers and became buyers we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they do not hedge and the shifts in ownerships have been dramatic in a market where we really seen no rise in supply in the case of silver what really turned me on about 12 months ago was as we witnessed people buying silver , you realize that there would not be enough silver to buy and as examples the US mint today sells as many dollars of silver as dollars of gold when you realize that silver trades at 40 to one ratio means they are buying 40 times physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million when we sold our silver ETF we raised 550 million , James Turk of Gold money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins we sell way more dollars of silver than gold , and so here we are in a situation where the prices are 40 to one but the dollars going into it are almost dead equal so I can't see the price ratio staying in this range ...we have been a net buyers of silver everyday , I'll be a buyer of silver today , I'll be a buyer of silver tomorrow so we have not lost any faith to what happened to silver ...I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today , I have always thought that silver would trade at 60 to one ratio in terms of prices to gold to make it simple if we measure the gold at $1600 that would suggest that silver could go to $100 I think it might even over shoot downside may be trade as much as 10 to one and the reason I think that is that I believe that gold today is the de facto reserve currency silver has always been a currency people are treating it as a currency , it is a very very small market there is no way that with roughly 50 billion dollar of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....







Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Robert Kiyosaki : $200 Silver not out of line

Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...











Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold, Soros Sells Paulson Buys 5/17/2011

Gold, Soros Sells Paulson Buys 5/17/2011



"last night's 13f reports revealed a hedge fund street fight in the making over gold. George Soros dumping nearly all of his holdings in GLD while john paulson held on to his, even adding positions in some Gold Miners ".

BK :" I'm with John Paulson, gold goes higher at this point in time. I don't have a lot of gold positions. you have to point out , two weeks ago rumors that George Soros was dumping silver and gold. he did it on a sun night. this data says that he sold it back in January and February. rumors were just flat-out wrong. and the reason for people selling gold on that was flat-out wrong. "




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Lessons to be learned from the Gold and Silver Correction

According to Jon Nadler, senior analyst at Kitco.com, there is a lesson we can learn from the recent Gold and Silver corrections and massive selloffs : I think that the number one lesson is a repeat of the lesson actually and that is that whenever you see the crowds piling in. You've got to be mindful of the fact that when the sky appear the bluest that's when surprises happen. Time and again people learned along the way the hard way by piling in when its headline material and Forget their true Objectives and of course you know buying it in a bubble that type of bubble has consequences "








Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 16, 2011

John Embry : why Gold and Silver should be in your portfolio

John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligible if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers not selling his Gold and Silver

Jim Rogers : I still own my gold I haven't sold any gold and if it goes down I hope I'm smart enough to buy some more just like with silver , in Thestreet.com


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver is going through a rerating right now says Keith Neumeyer

Keith Neumeyer, First Majestic Silver president & CEO, sheds insight on why his company's stock is down. : ...."...well, I think there was some short covering going on in the latter part of march and into early April really propelled silver up to close to $50. really silver is going through a rerating right now. and one of the important things to me is a silver producing mining company is that as we rely more on technology, we become more reliant on silver."




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver is on Sale right now

James Anderson Managing Director at Goldsilver.com : whoever has physical silver in his hands will make the rules , silver below $50 an ounce is at sale , the 1980 high is a nominal high cause the dollars in 1980 are worth a lot more than the dollars in 2011 the money supply exploded since then , the true inflation adjusted all time high is $140 but if you use the more accurate statistics from John Williams it is close to $300 an ounce , having ounces is what matters the question is how many ounces you have in your possession , Silver is on Sale right now keep stacking anybody who have been stacking ounces will be setting pretty



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 15, 2011

Eric Sprott : Silver is the best recommendation anyone can make this decade

Eric Sprott : ..Silver is the best recommendation anyone can make this decade...I have always looked at silver and gold as a situation where the demand will exceed the supply , and when I looked at gold in the last decade we had a great change in from the demand side where central banks used to be sellers and became buyers , we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they don't hedge and the shifts in ownership had been dramatic in a market where we really see no rise in supply , in the case of silver what really turned me on about twelve months ago was as we witness people buying silver you realize there would not be enough silver to buy and as example the US mint today sells as many dollars of silver as dollars of gold , when you realize that silver trades at forty to one ratio means that they are buying at forty times of physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million , when we sold our silver ETF we raised 550 million , James Turk of Gold Money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins , we sell way more dollars of silver than Gold and so here we are in a situation where the price is forty to one but the dollars going in to it are almost dead equal , so I can't see the price ratio staying in this range ...
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, May 14, 2011

David Morgan on the Silver Sell-off

David Morgan on the Financial Sense Newshour 13 May 2011 : ...to be objective I anticipated this move , not to the level in got at , I became cautious around the $38 dollars level personally for my trading account I sold out around $46 level it was the day that it started to come back a little bit bounced further the next day , it was point when I was anticipating that there is gonna be further parabolic move , ...any time you will see a parabolic move you will have the authorities increasing the margin requirements ....the last place you wanna be is a leveraged position





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

John Embry : why you should own Gold in your portfolio

John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligeable if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers : The commodities bull Market has several more years to go

Jim Rogers : "..well, I own commodities. we're in a major secular bull market which has several more years to go. there'll be setbacks just as we saw last week, but don't worry."


" it's going to cut demand for oil for a week or two. the CME seems to have it in their heads they've got to make oil commodity prices going down, they're worried about Washington or something. but in the end, it doesn't matter. if there's not enough oil, there's not enough oil, no matter what the CME or Washington does. "
" it may slow demand down, yes, but there's also declining supply. the IEA, the international energy agency says the supply reserves are declining at the rate of 6% a year. do the arithmetic, supply is going down even if demand goes down."


" well, I actually own a few u.s. dollars , I know, it's embarrassing, isn't it? it's embarrassing, i know. but i agree that they probably will stop QE2, at least for a while. the dollar's been beaten down by everybody, everybody's bearish, including me, it should have a rally, so we'll see."




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, May 13, 2011

Gold May Rise to $2,000 says Eric Sprott

As investors continue to buy gold prefering it to paper money the price may go as high as $2000 before the end of this year says Eric Sprott Chairman, Chief Executive Officer & Portfolio Manager of Sprott Inc . Gold will rise by at least 17% this year, Sprott said today in an interview during the New York Hard Assets Investment Conference. The metal averaged $1,228.45 an ounce last year on the Comex in New York and ended 2010 at $1421.40.

“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.”

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Steve Forbes promotes a return to the Gold Standard

Steve Forbes promotes a return to the Gold Standard if this happens, gold will have to be revalued to make up for all the dollars printing into existence, gold will go to 15k an ounce easily!!! Gold is true money, Money= a storage of wealth which is portable, scarce/rare, does not spoil or tarnish, and retains its value if not increase in value over long periods of time which would keep prices down.it also has intrinsic value."China moving in the right direction" China has plastic money backed by silver. Yeah this is totally better than having brass and zinc money backed by gold.
End the Fed



Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.

H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act

Wednesday, May 11, 2011

John Embry & James Turk - U.S. Dollar on Death Row

John Embry Chief Investment Strategist at Sprott Asset Management believes that the days of the dollar are numbered : I do I look at things mathematically he says , when I look at the budget deficit for example you reach the stage now where expenditures are twice as much as revenues , they are taking in less than 50 percent of what they're spending anytime you seen that in history that mean you by pass the point of no return so I find these debates of how much spending and cuts they gonna have or tax rise or sort of deals budget deficit problems kinda factious because I think they have reach the state in which they can do nothing but monetize to debt because they can't crack it - U.S. Dollar on Death Row





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold May Rise to $2,000 as Alternative to Currency, Eric Sprott says

As investors continue to buy gold preferring it to paper money the price may go as high as $2000 before the end of this year says Eric Sprott Chairman, Chief Executive Officer & Portfolio Manager of Sprott Inc . Gold will rise by at least 17% this year, Sprott said today in an interview during the New York Hard Assets Investment Conference. The metal averaged $1,228.45 an ounce last year on the Comex in New York and ended 2010 at $1421.40. via Bloomberg

“It’s gone up 17% a year for the past 11 years; I’m sure it will do that as a minimum,” Sprott said. “It could easily hit $2,000 this year. That wouldn’t be out of the question.”  Sprott Asset Management now offers 5 types of metal funds Sprott Gold & Precious Minerals Fund, Sprott Gold Bullion Fund, Sprott Silver Bullion Fund, as well as the exchange-traded Sprott Physical Gold Trust and Sprott Physical Silver Trust.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, May 10, 2011

The Silver rises more than 8 percent this week

The Silver trade. It's driven by investment demand CNBC 5/10/2011

The Fast Money traders weigh in on whether you should buy silver now and which trades you should put down today.Silver looks like it has bottomed and it has started rising back up again after it fell last week on fund exits CME margin hikes in fact silver prices rises 8% this week .
B.K. " I'm still long silver, both options and the SLV. I do think you can probably get in, at least on a third position here.you can you use 33 on the SLV as your stop. that way you have a defined risk, or can you just go with some upside calls maybe the 40 calls on the SLV, something like that, but I still believe in the silver trade. one, it's driven by investment demand which certainly came off with the margin increases, but there's a new mutual fund that's coming out that's going to be holding physical silver and inflation is not done both China and Brazil are raising wages, and that will lead to more inflation. "








Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

James Turk the Euro wont survive the Dollar

James Turk on how strong is the Euro ? : I want to evaluate each of these 7 points between the dollar and the Euro , number one gold prices rising , it's rising in dollar terms and it's rising in Euro terms and keep in mind to when I am talking about the dollar , what is backing the Euro , you have a little bit of GOLD in the ECB , if it hasn't been loaned out , we do not know much it has been loaned out because the ECB does not disclose that information ...eliminating the old from there what else is backing the EURO ? The DOLLAR , if the US Dollar goes into the black hole the gravitational pool will eventually pull the Euro with it , that's my basic premise ...it might not happen right away , it might take few weeks or few months but unless the Euro creates its own policy separate from the state of the US Dollar , if the US dollar goes into the black hole the gravitational pool will pull the Euro with it .....

Mike Maloney on The Silver Sell-Off

Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came whthin a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? ...
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 9, 2011

Gold rebounds over $1,500, Silver Rises 3%

Gold and Silver regain strength . Gold and Silver rise in the Asian markets this Monday. The yellow metal gained 0.6% to $ 1,504.80 an ounce. Silver rose alongside the gold by by 2.9% to $ 36.31 an ounce.Despite last week’s sell-off, very little has changed in terms of fundamentals which remain rock solid for both Gold and Silver , most experts expect to see more upward moves for gold and silver prices in the coming weeks and months .Silver went into a free-fall last week after a series of increases in trading deposit requirements by the CME .

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

James Turk Compares Gold to 9 major Currencies

James Turk Compares Gold's annual rate of exchange against 9 major currencies


James Turk Compares Gold's annual rate of exchange against 9 major currencies : The US Dollar the Canadian Dollar the Australian Dollar the Chinese Yuan The Euro , The Indian Rupee The Japanese Yen The Swiss Frank and the British Pound ....Gold is without a doubt one of this decade's best performing asset classes ...very few years in this table when gold actually lost value against any of these currencies , we had double digits rates of appreciations against all of the world's currencies ...this is a very simple way of preserving your purchasing power just hold GOLD...this rates of appreciations are going to continue...Gold is not volatile , the volatility comes from the currencies...gold is not investment Gold is Money

Silver, Gold on Steroids

Silver is a very small market cap in terms of value With about 1.2 billion ounces of available investment silver at this prices it is around 35 billion dollars market so it doesn't take much to set prices higher or lower, Ben Davies, CEO of Hinde Capital, told CNBC. In the end, both gold and silver will, in the long term go up, he explains , we are looking at a 100 to a 150 millions ounces of deficit a year which means that prices have to go higher based on the supply demand fundamentals for silver , a double digit price for silver is realistic for the next 5 years says Ben Davies





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 8, 2011

Mike Maloney explains the Silver Pull-back

Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Andy Gause : 50 percent of the Silver Market was speculators

Andy Gause - Jeff Rense 06 May 2011

Andy Gause : 50 percent of the Silver Market was speculators



Andy Gause : the CME changed the rules and they changed them 5 times ..50 percent of the Silver Market was speculators...JP Morgan is short 200 million ounces , many people who thought they owned silver turned out they own nothing and the money is gone....

Author and monetary ( Currency ) historian and nationally recognized expert on the U.S. Monetary System Andy ( Andrew ) Gause , author of the books The Secret World Of Money, and Uncle Sam Cooks The Books, What does Andrew foresee in 2011 for : prices of food, gasoline, natural gas, gold, silver , the bottom line is...
As long as we have a money supply that is permitted to be expanded by private banks and politicians at will, then the increase in the money supply guarantees its value will decline over time.As the value of the money we use declines, the price of physical commodities that the money can purchase will rise in price. In other words it will take more of the same paper in the future to purchase the same.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, May 7, 2011

Mexico sells US dollars and buys gold bullion

The Central Bank of Mexico announced the purchase of about 100 tons of gold in recent months, the equivalent to 4% of the bank's international reserves.Almost a hundred tonnes of gold in a couple of months. The purchase of the Mexican Central Bank, according to the statistics released by the IMF, this massive purchase however was not enough to halt the correction of the ingot, which yesterday - driven by the collapse of the silver, falling by almost 20% in three sessions - is back up about $ 1,490 an ounce. However, the news was welcomed by analysts as one of the most obvious manifestations of a revolution that is going through the gold market, as well as a further significant signal of lack of confidence in the greenback, now slipping in values ​​close to historic lows (the descent was continued yesterday, in response to disappointing economic data from the United States, including in particular the sharp decline in April ISM services index and orders).
After two decades of prevailing sales, the gold reserves of central banks have started last year for the first time to grow, thanks to the purchase of many emerging countries, including China, Russia and India. Mexico, however, is moving in a particularly aggressive way , at the end of January its gold reserves amounted to only 220 thousand ounces, two months later it had risen to 3.2 million ounces (or 100.15 tonnes), an amount equal to about 3.5% of world mining production and at the current prices is worth about $ 4 billion.
The Mexican stocks reached in April, the historical record of $ 128 billion, so the gold is still a marginal fraction of the total: just over 3%, compared to 70% in the case of the USA, first in world rankings . The fact that the purchases have taken place in a time when the gold price already interrelated one record after another is significant, however, that the mood across the market. Probably they think that makes sense because they are convinced that the dollar will depreciate again. A lack of confidence that weighs much, given the strong economic ties and trade with neighboring United States.
The statistics released yesterday by the IMF show that in the first quarter Russia and Thailand have also bought gold. Russia added 18.8 tons to its reserves, while Thailand has increased by 9.3 tonnes to 108.9

Gold Fever - California Cat finds large GOLD Nugget !

Cat Ivan has been mining gold nuggets for some time, this one was the most precious of them all 9.9 ounces of Gold that's fantastic .Europeans flocked to California from all over to strike it rich from the gold rush.the California Gold Rush from 1848-1853

Jim Cramer : Gold is a currency not a commodity

Jim Cramer : Silver Silver Silver that's all anybody seems to be interested in everywhere i go. it's the hot button on twitter @jimcramer. holy cow, check that out. it was the major focus of panel i was in new york city last night about precious metals. it's what i hear in the street and it's in my e-mail box constantly. first, let me just say when it comes to precious metals, i like gold. I've liked gold for ages. and I'm not changing my posture now. i think it's a currency, not a commodity. thing is a demand and not enough supply. when demand soars, particularly from central banks. we learned mexico is buying. while supplies stay the same, prices go through the roof. you know my order preference. i like bullion the most, then the gld, the gold etf, what it trades at. and only after that would i go for the stocks of the gold minors. my favorite is goldcorp gg for you home gamers. we heard from last night. a good story. since i like gold, i haven't felt the need to get behind silver because as my friend tom caplan, a legendary metal investor put it silver is gold on steroids. I've got enough problem with the volatility of gold whom. needs silver. you disagree? look at the monumental collapse in this metal. silver is a poor man's gold with industrial exposure they don't need at this point in the cycle. even worse, silver has been overrun by day traders using ETFs. and that makes it too hard to game or even speculate on where the price will be a day from now, let alone a week or a month or year. so my bottom line on bimetallism is this. i like gold. silver is too hot to handle. i'm simply taking a pass. stick with gold. don't crucify your portfolio on a cross of silver. stick with Cramer.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, May 6, 2011

The COMEX manipulating the silver Market

The COMEX manipulating the silver Market , The CME increased margins 5 times! this is forcing investors to sell , they raised margin requirements from $9000 to $21000 in five days ! there is no small investor that can handle that so they are all wiped out ,Guys like George Soros and Carlos Slim are dumping paper, not real. They never had any to begin with....Its all just blips on a screen and some day soon, we will hold the worlds real wealth....



We must remember the drop in the silver price in 2008 from $21 to $9. That drop was a higher percentage than the one we have currently experienced. Like the increase we have seen from $9 to almost $50, imagine the increase we will see from say $30?!?!? I think the paper is easier to track than physical. In the physical world, premiums are getting higher, many online dealers are running low on the popular coins. As far as suggestions, everyone has their favorites, you can buy government mint coins at a slightly higher premium, or you can just buy generic rounds as long as it's at least .999 silver. Most of us seem to go with Silver Eagles and Canadian Maples, but you're good as long as it's pure silver. And junk silver.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Cramer, this sell-off is about market mechanics, not the fundamentals,

COMEX Silver for May delivery dropped another $3.152 per troy ounce Or 8% to $36.23
Jim Cramer : all things gold and silver got pounded again today. as people who bought them with borrowed money were force the to put up more cash or get blown out of their positions. something i have been warning you about all week. this sell-off is about market mechanics, not the fundamentals, so i'm not backing away from gold as a fantastic long-term money-making theme. you need to have gold in your portfolio. now that it's begun to pull back and pull back hard, it's time to consider building a position slowly if you still don't have any exposure to the shiny stuff. remember, my playbook is simple. i like bullion, actually gold bars.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

David Morgan Silver long-term bull market remains stable

David Morgan : all market come down faster than they go up , the fundamentals have not changes the bull market is still there as long as these governments keep on printing money the pressure on gold and silver to go up remains



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Thursday, May 5, 2011

CME margin Silver Margin requirement Increases cause the silver price crash

Silver Margin Increases Shake Out Main Street 5/5/2011
Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.


busy market day after an enormous rally. silver selling off. the precious metal down bet tlaern 20% just since monday when margin requirements were raised. who is cashing in on this decline on silver ?margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Andrew Gause on The Silver CRASH

Andrew Gause monetary historian explains the silver crash , how the CME caused the collapse in the silver price , a lot of speculators decided to sell because they did not have the extra money the CME was requesting



Andrew Gause ,is a nationally recognized currency historian and money expert and is not afraid to defy the conventional wisdom and call it how it is by backing it up with facts. When it comes to the privately owned Federal Reserve, monetary systems, social security, the national debt, economic policy or private issues there is no better expert than our own true patriot.

Andrew has done over 1,000 TV and radio appearances and publishes a weekly newsletter "The World of Money." His first book "The Secret World of Money," challenges a wide range of topics dealing with the history and future ofmoney

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

The Gold Dinar behind the war in Libya ?

Could it be that the intentions of Gaddafi of introducing the Gold dinar and using it to sell his crude oil  , could that been the real cause that triggered the war in Libya , Gaddafi was urging the African nations and the Arab league countries to introduce a unified currency backed by gold called the Gold Dinar , which will be used instead of the US Dollar in oil and commodities trade , that would have been a death sentence of the US Dollar which is backed by nothing . Libya has 144 tons of gold....



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

The Gold Standard Returns ?

After other countries abandoned the gold standard in the early days of the Great Depression, the Hoover administration stayed on in, even though doing so may U.S. goods less competitive. Franklin Roosevelt effectively abandoned the gold standard in 1933. He returned to a modified version of it the following year but with the price of gold raised to $35 per ounce. After WW2, the Roosevelt $35 price became enshrined in the Bretton Woods international monetary system until President Nixon ended that system in 1971.


Lewis Lehrman Former Reagan Monetary Policy Advisor explains why no matter how many billions of dollars Congress cuts from the federal budget, we won't fix our deficit until we return to the gold standard.inflation is a direct continuation of what's fundamental under a fiat currency model establishment where monies are printed with no backing.
Paper money is not just a mere userfriendly substitute for gold, like it is portrait to be and teached in schools; this is a dirty lie. Paper money is a means for power institutions (states, banks,..) to steal your valuables or fruit of your labor by imposing a fantasy trade item of wich the value they manipulate as they wish. They can do this because violence is inherent in this system and all of humanity is oppressed by these institutions. Yes the world has changed; now we all are slaves


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers : I hope I am smart enough to buy more silver

Jim Rogers told CNBC this morning about the silver trade : "I do know that silver went up 25 percent in a month and that can’t last so that’ll have to come down," "I hope we have a pull-back, I hope it goes down for a while, it’ll be good for the market," "In 1987 stocks went down 30 to 40 percent, smart people went in a bought more. If it goes down I hope I’m smart enough to buy more silver."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, May 4, 2011

Mexican Billionaire Carlos Slim Selling Silver

Mexican Billionaire Carlos Slim Selling Silver



here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Peter Grandich Gold can get to $2000/oz and more

Host Tekoa da Silva speaks with Peter Grandich about his accurate call of a top in silver and gold within an hour . Silver price sharply dropped to $39 from its high of $49 last week , Peter Grandich is more bullish on gold than he is on silver for the long term , gold being a better monetary metal that is silver according to him...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver Under Pressure

Jeffrey Christian, CPM Group :....we have been saying for some time we thought gold and silver could hit cyclical peaks in the bull market in the period march, April, may of 2011. it appears to us we are hitting our cyclical peaks. there could be more strength into june and july. this is a cyclical topping in our view and from a longer term perspective, gold and silver is extremely attractive. they'll be much more attractive in july and august if prices come off as we would expect.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver bullion at the cheapest - US Dollar Now Crashing

US Dollar Now Crashing & buy the silver  Dip NOW! silver bullion is at the cheapest you may ever see it again, do NOT hesitate, get out and buy some more now! ...if you sit around and wait for it to go lower, you may be caught by surprise when it quickly rises back up again.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, May 3, 2011

John Stephenson $60 Silver before year end 5/3/2011

John Stephenson sees $60 Silver before the end of the year , John Stephenson, First Asset Mgmt., says there could be more downside to go before the slide in silver ends but he is still bullish on silver matter of fact he sees Silver at $60 before the end of the year .Despite Silver sees its biggest drop in two years the fundamentals for an upside move on the long term are still there namely an excess of liquidity chasing the few commodities that are on the market


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Why The Gold, Silver Downside Slide ?

Precious metals Gold and Silver got pummeled today with gold and silver taking a sharp turn to the downside, with CNBC's Sharon Epperson.Silver still have an unbelievable potential to the upside says Michael Seery Emerging markets continue to buy silver as uncertainty hedge , the US dollar will continue to plunge that's a fact



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Still a long term bull on silver

This is a healthy pull-back in silver prices a golden opportunity to buy more silver at these prices , this opportunity is probably never going to come back again...Anthony Neglia, president of Tower Trading, reveals why he's still a long term bull on silver and how he's trading the recent volatility and margin hikes.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver has still a long way to go

Silver has still a long way to go , this is a great opportunity to buy , I bought a week ago at $46 and I am buying now at $41 I trust experts like James Turk Mike Maloney and Bob Chapman , all agree that the price of silver will shoot up and up once it crosses that psychological barrier of $50 , how could silver be in a bubble when not even 1% of the population owns silver ??? I live in a huge north American mega city and the whole City has hardly 3 to 4 coin shops selling gold and silver to a population of around 6 millions when we count the suburbs most people have never heard of gold and silver coins so i wonder how come some dare to talk about a bubble when roughly 1 percent of the population only owns some kind of silver ?


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 2, 2011

Gold and Silver Fundamentals still strong

Gold hit a new record in Asian markets to $ 1,577.57 an ounce but then fell to $ 1,548. The silver plunge 11% to $ 42.67 after touching a new high at $ 44.34. , the fundamentals for both silver and gold are still rock solid according to most analysts , this is a healthy correction gold and silver are going to go one way and one way only and that is up up and up for thenext months and years...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver Drops 12% In 11 Minutes !!!

Silver prices fell sharply Monday after CME Group increased the amount of cash needed to hold speculative positions in the metal.( MarketWatch reported today )
this is a healthy pull-back in silver rally ,the markets will continue to short the US dollars and long the commodities , Peter Turville-Ince, head of commodity & equities strategy at Compass Global Markets, thinks that the pullback in silver is only temporary and is still bullish on precious metals in the medium term. , Peter sees the silver at $70 , $75 before the end of the year ...this pull-back is a great opportunity of physical silver buyers and hoarders like myself


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Why did Silver price Slip today ?

Michael McCarthy, chief market strategist at CMC Markets, believes silver has entered the "blow-off" phase of the bubble market and prices will stay volatile.I beg to disagree with McCarthy , what we saw this morning was a healthy correction the price of silver is what it was just a week ago , the fundamentals are still fantastic and I expect the silver to end at $50 by the end of the month...today's dipp is a great opportunity for buyers to go and get more physical silver...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, May 1, 2011

Silver & Gold red hot

Silver & Gold Hit Record Highs , Precious Metals Market red hot again as the dollar continues to slump , Traders are saying there won't be a let up in metals until the dollar starts turning around, with CNBC's Kayla Tausche.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)