Bob Chapman explains the Zerohedge story about July 15 over the counter Gold sale

Bob Chapman explains the Zerohedge story about July 15 over the counter Gold sale : again Bob Chapman explains that you should not worry do not be victim of sensationalism and those who capitalize of sensationalism and public emotions , this law means nothing for the average buyer of Gold and Silver bullion , after July 15 business will continue as usual





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Watch out for Fake Gold and Silver coins from China

Chinese counterfeiters are second to none , they are the world masters in counterfeiting everything on the surface of the earth and of course they do counterfeit Gold and Silver coins and bars too , fake gold and silver coins are big business. and it is getting bigger with the price of the precious metals soaring , Indeed with Spot Silver prices rising the Chinese and others are cranking out millions of fake coins...I mean millions and the fakes are getting so good even advanced dealers and graders are being fooled! Many of these so called replicas "I'd say MOST" are unmarked and are outright dangerous.There a few things that will help you detect that they're fakes . They are even now making fake junk Quarters and Dimes. It's very lucrative for them .There are even better fakes that use 90% Silver, but they are not used on junk coins due to production costs. Only buy higher dollar coins from a reputable dealer, in PCGS, NGC, ICG or ANACS slabs!
NEVER FROM CHINA...Unless you want a few fake specimens, which isn't a bad idea.my role of thumb is avoid anything Made in China and not just for gold and 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)

Gold Rises As Greece Parliament Approves Austerity

Gold traded higher for a second day in a raw on news that the Greek Government accepted the austerity measures despite the overwhelming rejection of the IMF and EU plan by the Greek population .that is obviously a great news for the Gold and silver but especially for the Euro which rallied against the US dollar . Tim Harvey, Senior VP at ETF Securities, says that Gold is a dollar hedge not an inflation hedge , he expects the Gold to trade higher in the near future




These manipulated modestly low silver prices are getting annoying. Either they let go of the chains and leave it to the free market, or they suppress it down to $25, JP Morgue makes the switch from all short to all long on silver, and then we all watch the price skyrocket.

I understand that these flat, low silver prices are good for industry, especially for solar panel manufacturers, but its really not worth it. They should bring it down to $25 let all industries buy all of the silver they’ll ever need for the next 100 years, then let it skyrocket.
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Roger Wiegand Gold and Silver will rally sharply after the Greece bailout is approved

Roger Wiegand is the Editor and Publisher of Trader Tracks a Stocks, Futures and Commodities electronic newsletter , : what we see is this Greek thing (bailout package)  will be approved and rather quickly I think the end of this week or the first half of next week and ten what happens is the European currency the Euro is going to immediately rally and that will sell off the US Dollar , now when the US dollar is sold off a whole basket of commodities goes higher to the long side , the big buyers will com e back again when they see the dollar going weak again I am pretty sure that's going to happen I am persuaded that's going to be the big trade and as a result of that you gonna see Gold , silver Swiss franc Canadian dollar and the Euro all going up , the US dollar going down I think it will go below 75 says you gonna see just a reverse of what have transpired over the last four to six weeks says Roger Wiegand





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Gold Stocks outlook

Gold Stocks outlook with Frank Holmes, U.S. Global Investors CEO/CIO, and Anne Mulcahy, former Xerox chairman/CEO.Holmes : strong Gold Bullion prices outpacing Gold Stocks , Gold Stock historic outperform Gold price by 3:1 Holmes sees opportunity to buy healthy gold mining Cos. he would stay away from Barrick Gold




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Why Gold & Silver - Melody Cedarstrom on Radio Liberty 23 June 2011

June 23rd 2011 Dr Stan Monteith and Melody Cedarstrom talk about why Gold & Silver? this is a good buying opportunity during this pull back in Gold prices , you should go to hard assets like Gold and Silver , Melody Cedarstrom agrees with what Lindsey Williams said recently that the gold and silver prices will remain relatively stable until the end of August where the elite are planning to increase the gold and silver prices by 20 to 25 percent , the US dollar will crash before 2012 and Gold will by then be around the $3000 an ounce and silver around the $70 dollars an ounce



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David Morgan Gold prices could go up astronomically after QE2 ends

David Morgan on the Ellis Martin Report discussing the Dollars, Debt and Danger of hyperinflation : "what's coming unfortunately is the great day of reckoning , at some point the dollar collapse happens and at some sense it is happening in other words it is not usually an overnight anomaly where all the banks close that's not probably what's going to take place , what's happens is as we are witnessing more and more nation stats start to say I do not want any more dollars , the FED becomes the buyer of the last resort of the bond market which is true as it is still going on until June 30th when QE2 ends , and right now the FED is buying 80 percent of the bond offer after the 30th of June who is going to step in and buy it , China ? Russia ? Japan ? I do not know I doubt any of them will buy that much they may buy some , so we get to the end game and the end game is I do not want the dollar anymore , and the problem with this is it is still interconnected for the global economy because the dollar is still the reserve currency so if you stop wanting the dollar what do you want ? and it does not take much of the bond market to go to the security of Gold to move the prices in paper terms to an astronomically higher level and that's the situation we are facing , China is increasing its gold holdings Russia is increasing its gold holdings India increased its gold holdings , Central bankers have become net buyers of gold recently as they were net sellers for a very long period of time , so e are getting near the end ...so hopefully it gets to a point where an adjustment can be made in other words we go back to some kind of Gold standard or pseudo gold standard or a commodity basket or something that have faith in it we are not there yet but we are getting there very rapidly ...says David morgan








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Jim Rogers : Gold will go over $2000

Famed investor Jim Rogers was asked "where would gold be a year from now ?" in a Thomson Reuters Q&A session , his answer was : "I don't have a clue , I do have a clue that Gold will certainly go over $2000/oz , Gold's all time high adjusted for inflation would be well over $2000 , it will go there , I mean you can dream I have no idea , if the dollar does collapse in the next ten years which I expect , you pick your number when you have declining currencies and things are denominated in US Dollars who knows what the prices will be , they will be unbelievably high they gonna be much higher than even I believe , the numbers are gonna be staggering , it is always that way in a bull market , if you and I had sat here in 1980 to 1992 and we talked about what the prices will be five ten years later nobody would have believed this or even


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 Schiff : The Gold Standard for a sound economy

Peter Schiff  : Gold is worth its intrinsic value it has unique and special properties that other metals do not have , you comparing Gold to paper , what is the federal reserve note worth what a piece of paper that is printed by the US government what is that worth ?!?!? I mean you cannot use it for anything it is just paper but it already has been written on , I mean it is not soft enough to use as toilet tissue , what you gonna do with it ?!?!?!" Peter Schiff of Euro Pacific Capital believes that the Gold standard could happen even sooner than a five years from now , and the reason for that is we have a dollar crisis we have a currency crisis that brings on an even worse financial crisis and I think that currency crisis is coming soon it is going to send the dollar plunging consumer prices and interest rates surging and we gonna be in a much deeper recession and the only way to have a real economy a sound economy is to discipline the government to prevent them from deficit spending and the only way to do that is with the Gold Standard says Peter Schiff



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Fort Knox Gold Audit

GoldSeek Radio Commentary with Robert Ian about Congressman Ron Paul bill for auditing the purity of the 700 thousand Gold bars supposedly held at Fort Knox ,this could take 400 people six months to accomplish the task of auditing the Gold . Bill Gross in an interview this week stated that all the money owed to future liabilities an entitlement programs put the US economy in worse shape than Greece , this is not just the 14.3 trillion dollars of the public debt it's the 50 trillion debt estimate which includes medicare medicaid and social security or the 100 trillion dollars estimate that includes the financial bailouts of 2008 and 2009



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How Gold is Mined in Nevada

Visionvictory takes us to a mining tour of a gold mine in Nevada , the goal is to show you that gold mining is not an easy task it requires heavy machinery a lot of energy and human power and skills , tons of dirt and ricks has to be moved or crashed in order to get one ounce of Gold , unlike money printing gold mining comes with a cost and that adds to the value of Gold , gold cannot be created out of thin air as we do with paper money . Nevada accounts for 75% of gold production in the United States and 7.2% of the gold mined worldwide




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Buy Gold on Dips - Dips are Discounts

Buy Gold on Dips , Dips are discounts and you should take advantage of them whenever they occur , Gold and Silver both falling sharply today , this is a great opportunity to purchase more physical gold and silver , Gold and Silver have only one way to go on the long term and that is up and up , cause the federal reserve is flooding the markets with worthless paper money , and soon all that money will start chasing the real assets on the market namely gold and silver sooner or later the dollar is doomed to crash many experts say the dollar will go bust in 2012 the Euro won't even make it to 2012 , Gold and Silver are the only safe heaven , stocks and the dollar could go to zero at any time gold will never go to zero , Gold has been money for 6000 years , so do not get discouraged by this volatility which is likely the job of God knows what market manipulation , go get your physical gold and silver go long and stay long , remember what happened during the Wiemar republic , those who had their saving in paper money got wiped out and the few who had their savings in Gold were able to buy entire chunks of downtown Berlin with a handful of gold ounces , tomorrow the same scenario could very well happen in America the public will wake up to the fact that the only real money is Gold and Silver...


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Gold & Silver Selloff continues

Gold & Silver Selloff continues from Thursday . David Morgan the Silver Guru gives his take on How to Trade the continuing Selloff in Gold and Silver , a lot of it has to do with this Ben Bernanke's QE2 approaching the end says David , the $1500 in Gold is psychological level we will see what happens from there the psychological level for silver is 33 dollars and change , David Morgan says that his position is as always short silver long Gold


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Mining Shares vs Gold Prices

Mining Shares Versus Gold Prices the reasons for the relative underperformance of shares in gold and silver mining companies versus the performance of the metals Costs for miners have risen substantially in recent years due to rising prices and environmental regulations widening the gap between mining share prices and the price of gold, Charlie Morris, head of absolute return at HSBC Global Asset Management told CNBC Friday, the tremendous potential in mining stocks and how these have been suppressed too, despite rising gold prices. Given their tiny market capitalization he expects that when the rush comes, they will rise in value very rapidly and outshine even the dotcom bubble.



I think you can actually get the shares in paper form sent to you so it's not just an entitlement that can be claimed by a broker or something which you paid for but are not owning. I guess you need to think about lawyers & potential for a grab in a collapse. I assume this: #1 dishonest people will take opportunities #2 lawyers will survive the collapse (I know, but it's true, look at history, they're like cockroaches)
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Ron Paul asks for full audit of the Gold at Fort Knox

06/23/11 : Time for a full audit. Ron Paul's Opening Statement: Monetary Policy Subcommittee - Gold at Fort Knox - Dr Ron Paul very courageously is demanding a full audit of the gold reserves in Fort Knox because it is a gold that belongs to the people . The focus of the hearing is on recent audits of U.S. gold reserves; challenges to conducting a full audit; and impediments to an accurate assessment of the US gold position, including any leases, swaps or other encumbrances placed upon the gold reserves; and also examine changes to the legislative proposal that will ensure a full and accurate audit, assay, and inventory of U.S. gold reserves.Ron Paul is a BAMF! He is Thomas Jefferson and Patrick Henry rolled into ONE. The old adage is true. The more you tell the truth, the more you'll be attacked. Solution. Tell even more truth until the attackers are exposed and go into Apathy. GO RON PAUL




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Gold and Silver Weekly Update with Tom Cloud

Tom Cloud is a veteran Gold and Silver  Advisor: An update on the U.S. Dollar how the Federal Reserve is going to act in the near future.The hard facts on how China and other emerging nations are impacting supply and demand for precious metals (and how these changes will affect prices.)
How you can add physical precious metals to your IRA (Wall Street and most financial advisors never talk about this topic...)Why silver prices are set to explode! (And the best way for you profit from them.)The shocking news that Tom Cloud is hearing from his global suppliers .What you should know about palladium (And how this metal can be a great addition to your portfolio.)Plus, Tom answers the burning question : "Is it too late to buy gold and silver?" (And if you already own gold and silver, "Is it too late to buy more now?")




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Gold and Silver not in a Bubble yet

Pam Aden : Gold and Silver not in a Bubble yet.the demand for gold is up and will continue to be up and this is the strongest reason for us says Pam Aden to believe that the precious metals Gold and Silver will continue rising because it is a demand based rise which is the most powerful type of rise in any market .



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Buying Gold in Germany is not easy !

James Turk of GoldMoney Foundation interviews Dr. Bruno Bandulet from Germany about his outlook for the Euro , the Gold situation in Europe and in Germany in particular , the Greece crisis and debt and its consequences on the Euro and the demand for Gold in Europe , the future of the Euro , should Germany go back to the Deutschmark or should Greece go back to the Drachma , The Euro which started as a fairy stable currency at the image of the Deutschmark has become like a french Franc and could end as an Italian Lira . Switzerland introducing the Gold Franc via a popular referendum it would circulate parallel to the paper Swiss franc and allow the swiss to save in gold.





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Gold is a fantastic Inflation Hedge says Tim Harvey

Gold is a fantastic Inflation Hedge says Tim Harvey Senior VP at ETF Securities : We are not going to see so much change in Gold in gold because of Greece or Ben Bernanke it will very much to do with inflatioin in China and India , What will cause a dramatic rise or fall in gold price is a major reaction to something that the public did no expect compared to the Lehman Brothers crisis in 2008 which was not expected , overall gold and silver are a fantastic inflation hedge we are definitely gonna see inflation increasing re-exported to us from China from Indonesia from India says Tim Harvey




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Gold & Silver holding up better than other commodities

Gold and silver prices treading water on Monday , it seems gold and silver are holding up better than other commodities , Greece is asking for 12 Billion dollars which they are not getting from France and Germany so we probably will continue to see a meltdown in the Euro that should provide some strength to Gold and Silver , Gold and silver prices will probably continue to go up but at a slower rate because there is the strength in the dollar



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Bob Chapman explains what 'Trading Over The Counter Gold & Silver to be Illegal starting July 15 ' really means

Bob Chapman  of the International Forecaster explains in details what the 'Trading over the counter gold and silver " becoming illegal starting from July 15 really means , he says you should not worry about it , it is not going to affect the general public of bullion gold and silver buyers this is a market for professionals the aim for this legislation is to create panic confusion among the public and scare them from longing gold and silver while shorting the dollar bob Chapman says it is psychological warfare and you should not worry about it....


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In Zimbabwe a Country of Starving Billionaires , Gold is the only King

In Zimbabwe where the hyperinflation hit hard the only currency that has become legal tender is gold and silver , things always go back to the bottom line which is real assets real money Gold and Silver this is a lesson for America , if the FED continues to kick the can down the road by printing more money hoping to solve the problems with more liquidity soon all that money will end up chasing the limited amount of real assets on the market , gold and silver prices will sky rocket and the dollar could go back to its intrinsic value namely ZERO , so go and change your paper money for gold and silver now while you still can you will be glad you did ...



Silver and Gold never really move up or down it's the Dollar that changes, 40 yrs ago you could get a gallon of gas for one Mercury Dime and today you can get a gallon of gas for the equivalent of one Mercury Dime. See, Silver and Gold NEVER changed, the Dollar just shit all over itself that's all, it's what happens when Bennie and the Ink Jets print money out of thin air.

David Morgan, after QE2 interest rate will come up and the dollar could rally

David Morgan, founder of Silver-Investor.com, says that with the end of QE2 interest rates will rise and consequently the dollar will rally as many will flock to the dollar as a safe heaven Gold and Silver may not rise sharply in the short term but in the long term they will always be the safest place to be , the recent rally we saw in gold and silver was a technical change David Morgan says , 82 percent of the bonds purchases were done by the federal reserve if that truly going to cease (by the end of this month ) except for the roll overs , who is going to step in to buy US Bonds ? the answer is we do not know , we do not know if anyone will , so what we are going to see is interest rates coming up and as interest rates come up this will put more people where bonds prices go down obviously and more people might come to the dollar as a safe heaven David Morgan added





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Max Keiser & James Turk : Fiat money inflation in France

This two parts video is absolutely superb. Max Keiser the wall street anarchist is always a delight and James Turk is a charming and eminently credible legendary precious metals expert. Production quality is first rate (with perfectly apt Berlioz background music to boot). The GoldMoney Foundation has dropped an embarrassment of riches in our lap, we would be unwise to ignore these exceptional educational tools.





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Gold derivatives explained

Reginald H. Howe an author, private investor, and member of Golden Sextant Advisers LLC in Massachusetts explains what Gold derivatives are : "...basically central banks loan gold in one of three ways , they deposit it with other gold banks or with the bank like the Bank for international settlements which then may loan out part or all of that deposit , they loan it to the bullion banks or they engage in swaps with the bullion banks either gold swaps or frequently gold currency swaps why do they do this , the ostensible reason is to earn a return on their gold , otherwise refereed to as a sterile asset .and the return on gold is called a lease rate basically the lease rate of gold is the interest rate on gold and these transactions by in large are done between the central banks and the bullion banks ..."



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Bill Murphy on JP Morgan Gold market manipulation

Al talks with Bill Murphy, Ed Steer, and Chris Powell of the Gold Anti-Trust Action Committee (GATA) about the Gold market manipulation . Bill Murphy is a financial commentator and chairman of GATA, the Gold Anti-Trust Action Committee. GATA was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA exposes and actively opposes collusion against a free market in gold, other precious metals, currencies, and related securities.

Gold/Silver Manipulation Whistelblower: Assasination Attempt

Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistleblowing was publicized by GATA at Thursdays CFTC hearing on metals futures trading —- was injured along with his wife the next day when their car was struck by a hit-and-run driver in the London area.

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Jim Sinclair Gold is headed for significant Rally this summer

Jim Sinclair says that Gold is headed for significant Rally over the summer months , the loss of confidence in the market and the mismanagement will causer the gold to rally significantly this summer he explains , the standard of living in America will be deeply affected the middle class destroyed Jim Sinclair explains ,  both in the US and in Europe you can expect new crisis to be met with more printing of money Jim added , he also expects the market could go down 4000 points in a flash and the price of gold will not only go to $1650 $3000 , $5000 but has the possibility into going into 5 figures based on just what we have here and now ....the US financial situation is worse than Greece , the Government can loath the 401Ks and your pensions plans to pay off its debt and purchase bonds when the QE2 ends ...The primary currency precious metal is gold the primary speculative precious metal is silver Jim Sinclair added , this is the time to buy gold and silver



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Gold $1650 by the end of the Year says Dennis Gartman

Dennis Gartman, The Gartman Letter says that Gold and Silver are are flexing their muscles against other currencies and how you should to trade them : "you do but not in u.s. dollar terms. it's going into gold in euro terms, sterling terms and yen terms. it's one of the reasons why i'm an advocate of owning gold not in u.s. dollar terms at all. with the circumstances in greece it works to the benefit of owning gold in especially you're oterms. it it creates a different sort of gold investment." Gold is going higher says Gartman "by the end of the year we could see gold at 1650, in euro terms another 100 euro higher" "long gold short the Euro " he added

David Morgan & Max Keiser on Gold legal tender in Utah

David Morgan and Max Keiser discuss the new law implemented in the state of UTAH making Gold and Silver legal tender : this is the first state to out of a voluntary basis to start doing transactions in Gold and Silver David Morgan says , so from now on the merchants in the state of Utah will start accepting gold and silver coins on a voluntary basis , it is voluntary on both sides but for now only silver eagles and gold eagles are accepted ( not the Canadian maple leafs for example ) , there is a depository that was set up where people can put their gold and silver into and are being issued a debt card which makes the whole transaction process pretty transparent , now you can walk to any store and buy whatever you want to buy with your debit card , this could really catch on once it is implemented , Utah had the ability to stand up for the states rights as outlined in the bill of rights




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Nick Barisheff : Gold a Bad Investment ?

Nick Barisheff claims that Gold may be in a bubble I beg to disagree , how can gold ever be in a bubble when less of 2% of the investors ever have any gold bullion to start with , besides Gold is Money we tend to forget this , gold is the original money , the dollar was created as a gold certificate the first day , gold is not an investment , who ever invest in gold just to make a quick buck does not deserve to be in this market , Gold is money the only money that humanity have known for thousands of years , its value will never go to zero unlike paper money or stocks , it cannot be printed into oblivion ...gold will always be gold


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Gold Prices to Hit $5000 says Yan Chen

Gold prices may hit $5000, says Yan Chen, head of metals and mining at Standard Chartered. He foresees potential production shortfalls as more central banks turn from being net sellers to buyers of gold, pushing the supply-demand balance out of kilter.there will be a lot of gold buying going on in China cause the Central Bank in China has less than 2 percent of foreign exchange reserves are actually held in gold they want to be a real world central bank and for this they need to buy a lot of gold , China central bank may need 6000 tons of gold to bring its gold holding to the world average and that's more than two years of mined production in the world




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)

Fort Knox Gold Fake or Real ?

Dr. Ron Paul calls for an audit of the Gold in Fort Knox to be tested and counted ,
is the gold in ft. knox fake? is it tungsten plated or is it real gold ? well congressman Ron Paul wants to know. Has the u.s. government secretly sold off the stockpile and replaced it with metal bars that are painted gold? ron paul wants to find out. the congressman is demanding the administration audit the purity of the gold bars in ft. Knox. he shares the house's subcommittee on the monetary policy and repeatedly called for a return to the gold standard. paul introduced a bill in april calling for the gold to be counted and now he is asking officials to testify at a hearing next week on june 23rd about the authenticity of the gold in Fort Knox . it will cost about $15 million to test all the nation's gold. 30 minutes a bar or 350,000 man hours. it would take 400 people working for six hours. the u.s. mint claims to audit the gold annually.




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David Morgan explains the Dip in Gold and Silver

David Morgan, founder of Silver-Investor.com, says that there is so much uncertainty right now , one of the rating agencies in China questioning the viability of US Debt , this is the type of things that are going on on a global basis David Morgan says 99% of the population of the world does not know or understand the Gold story and so they go to what they think it is the safest which is cash in their local currency or may be the US Dollar . David Morgan thinks that the end of QE3 by the 30th of this month is Bernanke's way of testing the gold market and measuring inflationary fears , David thinks that Bernanke will put a deflationary scare into the global market place to see what is the gold reaction going to be , what he is doing is withdrawing a lot of liquidity from the markets to see if there is a bigger demand for US dollars and less demand for gold David Morgan explains ...





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 as constitutional money

James Turk director of GoldMoney Foundation interviews Sean Fieler about IRS treatment of gold at the federal level is a big impediment to using gold and silver as money.
Sean Fieler : "...what gold lacked for so long is a little more credibility the realizing that it is not just people at the margins that are concerned about this who think this the solution but this is the logical given the problems we have "
"




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Danielle Park : 1.2 quadrillion dollars of derivatives out there

Danielle Park explains what derivatives are , today estimated amounts of derivatives are 1.2 quadrillion dollars of derivatives out there thanks to the creativity of Wall Street and big Banks , that's quadrillion not a trillion , back in the late nineties the estimated amounts of derivatives was around 200 billion dollars so you can see the big jump we did since then...a quadrillion is if you want to count one dollar per second starting from now it will take you 32 million years to do it , with all that amount of money soon going to start chasing the real few assets on the market like Gold and silver and other commodities one can only expect the Commodity Inflation to Come Off The Boil and probably the crash of the dollar all together ...you will be happy if you hoarded gold and silver , governments and central banks cannot print gold and silver into oblivion as they can do with fiat money....People investing in commodities are moving into real things and away from fiat currency. If she or the UN is upset about commodity prices, stop the money printing!






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 : We could see gold in backwardation

James Turk : "We could see gold in backwardation too as people become more and more worried about the inflationary consequences of the money printing that's going on around the world. Silver always leads - in bull markets it leads on the upside and in bear markets it leads on the downside. Maybe as precious metals move into backwardation, silver is again giving us an important message that it is leading and gold will eventually follow." - in mineweb.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)

The Gold Dinar behind the war on Libya ?

Gaddafi was planning to introduce the Gold Dinar just before the war ,Gaddafi also wanted Gold in return for his Oil , some say this was the real cause behind the NATO war against Libya .. the banksters feel to be threatened by the return to a honest currency, gold and silver backed, they actually want a world currency completely online! But I don't think India, Russia, China, and other countries want it.Even Europe begins to understand the necessity of a gold standard... even with the inconveniences...people who don't hold gold are finished anyways but it seems that gold is the only way to stop the transfer of wealth from the poor to the rich...the only way to protect the value from inflation , the only reason the US haven't collapsed yet is because the dollar is still the global reserve currency, (no matter how much money they print it doesn't devalue the dollar because the whole world excepts it as currency) if the dollar falls so will life as America knows it, the government is doing their job, trying to keep the country from complete financial collapse.



this fake economy/monopoly needs to end and the gold standard reinstated...it is the only way to stop the theft through inflationary quantitative easing....the sooner these American people open their eyes the better it will be for all.....if the people dont take back their government very soon we will be in world war three...a nuclear holocaust...not a very nice ending for the human race

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)

Bob Chapman : Numismatic Coins have great potential , their time will come

The Time for Numismatic Coins will come says Bob Chapman of the International forecaster , Numismatic Coins are collectors coins , Bob Chapman owns personally the Numismatic Coins and he thinks that as long there is a low premium on the Numismatic Coins they are a good investment , last time around between 1977 and 1981 the prices went from $500 to $5000 per coin so the potential for Numismatic Coins is large because you get less than one percent of the people in the world and in the United States in Gold and Silver including Numismatic Coins now when that will become 15 percent they are not going to buy bullion coins and gold and silver shares and that includes shares too says Bob Chapman , but they are gonna buy other products and that would be Numismatic Coins as well , so their time will come ..there 's good values there ...




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)

Edwin Vieira, Gold lifeboat before the dollar sinks

James Turk Director of the GoldMoney Foundation interviews Edwin Vieira about his book "Pieces of Eight , Gold , the constitutional solution for today's monetary problems , The alternative currency movement in the states , The Gold as an Insurance against a currency collapse , How Gold money can be implemented at the state level , Gold as a lifeboat before the dollar sinks ,




People like Peter Schiff suggest having 2/3rds of our precious metal investment in gold, and the other third in silver. The Permanent Portfolio by Harry Browne originally suggested 100% in gold, but his successor who runs the fund, invests it 1/5th silver and 4/5ths gold. So those are two barometers I follow in trying to balance gold and silver investing. I would also say, for the common man, better to have silver if he can't afford an ounce of gold, than nothing.Silver has been the common man's money for 5,000 years. The Biblical word for money is "silver".

When gold stands above $10,000 an ounce, Warren Buffet could afford gold but it will be outside the reach of the common man. Without silver citizens would be forced to hold fiat currency.

This is perhaps the primary reason the central banks sough to end the bi-metal standard in 1873. Good for the rich and the central banks,but economic slavery for every else.





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)

Jeff Nichols : $1700/oz Gold by the end of this year

Jeff Nichols, Senior economic advisor to Rosland Capital and managing director at American Precious Metals Advisors Inc., He is the author of the book "The Complete book of Gold Investing "
Jeff Nichols : "I am I am actually quite bullish I have been for long time and I remain so , all the facts we have spoken about from FED policy to central banks policy overseas to the debt situation in this country and in Europe rising demand in India and China Central Banks around the world net buyers of gold all this continue and they are likely to continue for the foreseeable future " "really the Gold market is a very small market compared to capital markets it is almost insignificant it gets a lot of attention because it hits us emotionally and certainly in certain way that other assets don't " " there is an emotional connection to gold and I can't explain why but it has been through over the millenia ,and gold distinguishes itself over the millennia. Really as the only asset that has attained its value over hundreds and hundreds of years. And I think investors look to gold for that reason; as a store of value, as a monetary asset and something that is a hedge and diversifier and insurance policy against all sorts of risks." " Well for better or worse I believe we are still in a long term bull market years ahead to run up , I think late this year we can easily see $1700/oz next year perhaps $2000/oz beyond that $3000/oz and may be even higher " " It's simply that more and more people around the world are chasing a limited supply of gold , in China for example 5 or 7 years ago it was illegal to invest in a bar of gold or gold coin , now the government is promoting it as a legitimate form of saving , China is under invested , India is under invested we are talking about billions of people as some of those people moving to the middle class and become consumers some of that money is going to go to gold jewellery some of it is going to go into gold investment and those are permanent or at least very long term purchases these aren't people who are going to sell when it rallies a little bit "
"I think you buy for the long term , ...gold and silver , silver particularly tend to be volatile assets in the short run and they have over the past few decades , in the 1970s which was a great bull market for gold we saw silver at various points in time pull back 40 , 50 even 60 percent as it was continuing to rise along the upward trend ..." " you have to be educated and you have to understand why you are investing you have to know what the fundamentals are for gold and silver and be aware that one day things will change and it may be time to start hitting positions , but I think it is important for many investors to retain as an insurance policy some small core holding may be 5 or 10 percent of investable assets in physical metal and as an insurance policy against risks that we can't even imagine " " I think (silver ) near 50 dollars it was expensive at 35 or 37 where we are today I think it is an opportunity to buy and I think gold also is an opportunity to buy , when we look back a few years from now these will seem like a very reasonable and attractive price levels to have come into the market "...." My preference is for gold because it is principally a monetary asset , silver has an industrial side it has additional risks , I think there is a place in a portfolio at times for the right mining shares , but mining shares are not physical metal and they carry a whole host of additional risks "



My Investment plan: Puts on ANF until QE3 is announced..then pile into aggressive SLV calls. As the environment gets more dangerous (SHTF), move from SLV to physical proportional to the danger and get move aggressive with SLV options. Switch from physical silver to physical gold starting at 8 to 1 silver/gold and finish 5 to 1. Then take the ride in gold. I figure in 5 years I'll have 10,000 times my original purchasing power.




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 waterfall decline of the US Dollar

James Turk explains the waterfall decline of the US dollar , Gold and Silver are the safe heaven against the waterfall decline of the US Dollar not the Euro , This video was recorded on 29 April 2011 in Munich, Germany : The waterfall decline will start with the US Dollar and you will see the dollar continuing to decline against the Euro but this is an emotional major reaction , people will exit the dollar and they will say to themselves where can I go , well I go to the Euro because it is a big broad deep market and it is easy to buy so initially you gonna see the Euro benefiting and that's what has been happening , you know the Euro broke above 1.42 against the Dollar and we are now I think 1.48 and a half , but the European central bank is going to probably step in and keep the Euro under 1.55 and people will then understand that the emotional major reaction of selling the dollar and buying the Euro was not the right way to solve the problem not the right way to find a safe heaven for their money and they will start selling the Euro and buying gold ,

Peter Schiff : Good time to buy Physical Silver

Peter Schiff : ...Silver has pulled back from a high of almost 50 dollars an ounce to about 32 , 33 right now we are about 34 , yeah I think there is a lot of support at 30 I am not sure that we are going to get as low as 30 , I think if we did got at 30 it will be an even better buying opportunity but we might not even go that low , I think we had a nice pull back from almost 50 to where we are today so if you had been thinking about adding to your silver position my opinion will be it's a good time to do it , is there a risk , yes , can I be wrong , sure , could silver go a lot low in the short run , hey anything is possible , I do not think it is probable but it is possible , but so do not do it on leverage do not buy options but physical silver that you are buying to hold in case the dollar collapses yeah , I think this recent pull back is a buying opportunity " Peter Schiff was answering a question from a listener to his radio program the Schiff Radio...

James Turk : as long as silver is in backwardation , Silver is cheap

Bill Murphy calls for silver at $400 : ...well if you are looking to what James has said if you are looking for 400 dollars ( silver ) the answer is yes , and as I mentioned earlier and I talked about a lot this year I think we are into an unprecedented situation there is no telling of what gonna happen over night , even today , having done this all day everyday for twelve and half years now it is just stunning but what I have heard the price did because they know that this is following Ben Bernanke's press conference and what the FED had to say , this is a massive obvious repudiation of that , this is the last thing that these people want so , and the more the gold price goes up the more the average person says I want to buy but I cannot afford gold so I want silver and the short position is getting strangled and it is getting worse ....James Turk : ...as long as Gold Silver ratio is higher than twenty Silver is cheap , and as long as silver is in backwardation , Silver is cheap , or something else can happen which is something that we all have to consider the paper market is going to lose its importance as price discovery mechanism it goes back to my comment at Mises about government and politicians destroying the market but they do not understand how they work , the paper market is being destroyed that's what backwardation is telling us , it's no more reliable you have to look what's happening in the physical market , and the physical market is unbelievably tight , because there is just a little amount of physical silver and a huge amount of paper out there.......

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The 10.000$ gold scenario with James Turk and Bill Murphy

Bill Murphy (http://gata.org/) : I do not want to live in a world where there is no free market , where the Chinese have more free market economy than we do in reality no free press ...that's what it is leading to this mess ....all I know is when this happens I rather have a lot of gold and silver in my pockets so that myself and family and friends can cope with what's going on while everyone else is panicking .....

Gold mining Stocks are very undervalued - James Turk

James Turk : we trade gold mining stocks in term of dollars or Euros but they are producing gold they are producing wealth and what will happen is the same thing that happened with stocks that produce commodities in countries that have hyperinflation , the prices of those shares will rise , because what would you rather do have your Reichs Marks setting in a bank earning a little bit of interest or would you rather own a mining company denominated in Reich's Marks , the same thing is true in Zimbabwe their mining companies prices of shares rose because you better off owning an equity in a company that creates wealth so if we do get this hyper inflationary system as I expect I think the price of the mining shares will soar ...one thing the market does is it always tests our patience and we are seeing that now with the mining shares but you have to put this in the perspective the last bull market in a mining share ended in 1998 with the collapse of Reax ? we went into a ten year bear market when after the Lehman collapse even top quality mining companies the big majors were going for pennies in the dollar that was the end of the bear market we've come up since then we have been trading basically at new highs on the major companies the juniors always follow at a later date ....


James Turk and Bill Murphy of GATA http://gata.org explain how gold mining stocks are very undervalued and can rise spectacularly as the precious metals bull market continues. This video was recorded on 29 April 2011 in Munich, Germany.

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)

Making Money in Gold and Silver

An outlook on the gold and silver trade, with Rob Stein, Astor Asset Management and Christian Magoon, Magoon Capital. Christian Magoo : "you have a number of options here. one way to hedge just a general way is to own the physical gold ETF. i like IAU. it's less expensive and owns the physical bars of gold. to be a little more aggressive, should gold have a correction of 10% or month? i actually like junior gold miners, gdxj. it's the ETF that owns a variety of those, and it's been a more volatile way to play gold. at this point it's kind of come on track a little bit from gold as physical gold is positive for the year, but junior gold miners is negative for the year. i think there's an opportunity there"

The FED Admits: We Have No Gold Reserves !

Fed's attorney Scott Alvarez boldly admits that the Federal Reserve has no Gold whatsoever backing the US Dollar : "The Federal Reserve does not own any gold at all" he literally said , "we have not owned gold since 1934 so we have not engaged in any gold swaps " ... If Ron Paul doesn't get elected, America will go to Hell,literally The corporation, posing as a government, THE UNITED STATES, INC, has committed treason against the People of this nation. They have no true authority over the People of this country.Their power only resides in Washington, D.C. They are more evil than most of mankind can even fathom. Yet, they control our military and our police.This nation is literally screwed if they do not wake our military and law enforcement up to who it is they are here to defend!



If everyone pulled there money out of banks, investments and stocks..they would collapse these crooks. Then i wanna see what they do, they won't have anyone to rip anyone off anymore. I blame the ppl for this because they enable these crooks to do what they do.

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 : Gold is a sterile asset

James Turk :...the Euro is not the Deutschmark the ECB is not the DeutschBank once you recognize that and understand that you'll understand the reasons why you need to own gold and silver to help protect your wealth and assets against the tough times that we got coming . 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 , Gold is not an investment it is a sterile asset cause it has no cash flow attached to it that's why it is money , now there are two things you can do with money either spend it or save it , presently because gold is so depressed you should save it until 2013 - 2015 when James Turk prognosticates a gold price of $8000 an ounce then you can start spending your gold and buy undervalued assets and we will be riding the next boom bust cycle ...Gold does not increase your wealth it preserves your wealth , Gold does what money is supposed to do it is supposed to preserve purchasing power over time , The US is heading towards an Argentine type of hyperinflation



One could argue that with the paper manipulation in the gold and silver markets, holding physical gold and silver will BOTH preserve wealth AND create wealth.


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)

Underground Scrap Gold & Silver Economy Expanding Like Wildfire

There is no such a thing as broken jewelery , jewelery is worth what metals it is made of , it does not matter if it is broken or not , if it is made of gold it is worth the gold it is made of .Do not let anybody fool you that your broken jewelery is worth less just because it is broken .  Before I found out about gold and silver, I had the false belief that selling gold is a good idea. Now it is clear to me that such a move is foolish. Gold and silver are awesome! I will never sell my gold and silver at these prices and certainly not against paper money ...I will eventually trade my gold and silver in the future for real estate or farm land or food or weapon it will all depend on the boom bust cycle and what's the hot commodity at that time ....


These guys they get paid for their work with profits on the "spread", i.e. the difference between their buy and sell prices. With that money the pay their living expenses. Whatever they can save, they use to buy gold and silver for themselves.The honest ones are no different from you and I. There are crooks in every occupation, but coin dealers and precious metals dealers are infinitely more honest than bankers who loan electronic money they don't have, and print money backed by nothing.
See a lot of that silver that used to get thrown out, now gets recycled. Heck there are people who will buy old computers and electrical equipment because the cost of their precious metals now make them worth salvaging.

The main reason for the spike of the price of gold, is it's use in microprocessors and other high expense electronic components. Though silver is a better electrical conductor than gold, it tarnishes too quickly to be used in long lived products

James Turk : gold is money not an investment

James Turk :...the Euro is not the Deutschmark the ECB is not the DeutschBank once you recognize that and understand that you'll understand the reasons why you need to own gold and silver to help protect your wealth and assets against the tough times that we got coming . 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 , Gold is not an investment it is a sterile asset cause it has no cash flow attached to it that's why it is money , now there are two things you can do with money either spend it or save it , presently because gold is so depressed you should save it until 2013 - 2015 when James Turk prognosticates a gold price of $8000 an ounce then you can start spending your gold and buy undervalued assets and we will be riding the next boom bust cycle ...Gold does not increase your wealth it preserves your wealth , Gold does what money is supposed to do it is supposed to preserve purchasing power over time , The US is heading towards an Argentine type of hyperinflation

James Turk of the GoldMoney Foundation speaks about currency devaluation and the rising gold price. How the gold price is rising against all major currencies and monetary policy is political, having abandoned all pretense of seeking monetary stability. He warns of the dangers of a hyperinflationary crisis. James also explains why gold should be considered money and not an investment. The presentation entitled " Gold the dollar and the Euro" was held on the 29th of April 2011 in Munich, Germany.
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 Morici on the Gold Standard and the Dollar

Peter Morici : " I did not say we should return to the Gold Standard
" "The Chinese are as much a captive of their currency system as say the Germans and German banks are right now of the euro," says economist Peter Morici, a business professor at the University of Maryland. "They've created a wonderful export contraption of which we are both hostage."

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)

10 Interesting Facts about Gold

10 interesting facts about gold and gold bullion : Gold has a density of 19.282 it is one of the densest elements it is nearly twice as dense as lead but slightly lighter , it is denser than copper . The USA has the largest gold bullion reserves in the world ( at least as announced by the governments ) . the purity of gold is measured in carats a 24 carats equals 99.99% purity , 2k is 91.67% pure , 18k is 75% pure , 14k is 58.3% 12k is 50% , 10k is 41.67% pure , 9k is 37.5% pure . The South African Kruggerand was the first gold bullion coin to be mined (in 1967) and is today one of the most popular gold coin bullion along with the Canadian maple leaf and the American eagle . Modern gold medals must be 92.5% silver (not gold LOL ) and covered with 6gms of gold . The largest gold nugget ever found is called Welcome Stranger found in Australia in 1859 it weighted over 78kg and produced 71 kg of gold . The largest gold coin ever minted was created by the Royal Canadian Mint in 2007 it weights 100 kg and has 50cm in diameter . Gold is highly malleable , a single ounce can be turned into a 50 mile long thread of pure gold cable . As of 2009 all the gold mined in the world totaled 165.000 tons . This would fit into three Olympic sized swimming pools ( 20.4 meter cubed )




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Gold Massive Selloff today 02 Jun 11

Gold slumps today but still sigh of a 4 week highs .A trader with Arbitrage LLC, discusses gold breaking below a key technical level, with CNBC's Sharon Epperson & Melissa Francis



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)

What Gold and Silver prices can expect from a typically slow summer buying period

Gold and silver prices can expect from a typically slow summer buying period . but we might still have the summer of surprises and and perhaps enough excitement to compared with last summer as well. Because obviously recent European peripherals are still very much on the radar acutely to of course -- extremely. Visible here with the ending again. Or five weeks from now. And of course what the Fed might -- might have to post the cessation of QE 2 those factors will definitely keep markets on the boil.Will Rhind, head of U.S. Operations at ETF Securities, argues that a good jobs number will boost gold and silver prices.

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)