Tuesday, April 17, 2012

Peter Schiff : save in Gold not in Fiat Currency

Peter Schiff : save Gold not Fiat Currency , Gold & Silver is not a commodity or investment. More than anything else its the only REAL MONEY. You have to spend some fake money and buy the REAL MONEY back, or else the banksters have you by the balls.

Peter Schiff : The FED Chairman is completely wrong he does not understand money he does not understand gold he does not understand the history of money , the thing about Bernanke is that he does not even understand recent history , he thinks that interest rates and home prices are completely unrelated he thinks that it was a pure coincidence that we had this cheap money under his predecessor and the housing bubble that it just happen to happen at the same time ,Ben Bernanke is completely clueless! "
Bernanke purposely lowered the interest rates and increased the money supply ignoring the "liquidity trap"(keynes), the pigou effect and the criticism by kalecki, the only thing that keep the pieces together is the status of world's reserve currency of the dollar, which is based on some twigs and dirt, he knows this and was instrumental in the making of this "situation".

Thursday, April 12, 2012

Bill Murphy explains Gold & Silver Manipulation

Bill Murphy of GATA explains why to understand the gold and silver markets it is fundamental to know what GATA knows and be familiar with the gold price suppression scheme. How outstanding gold loans and massive paper gold shorts have distorted the market and how this is now unravelling.And he explains 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

Thursday, April 5, 2012

Marc Faber on Where To Hide Your Gold

Marc Faber says that you should keep your Gold holdings outside the reach of potential confiscators “As you know, we had MF Global. What did the clients get? Less than what they had at the company,” “And I think eventually the financial system will be an MF Global, where you don’t get your money back from the banks and the investment banks and from the mutual funds and so forth and so on. And so I think everybody has to think to himself: how do I protect myself against the Black Swan event?” Marc Faber told Chris Martenson in a recent interview “Where is anything safe? I mean, I think in a safe deposit box is relatively safe, but maybe not in a safe deposit box in the U.S.,”
“If you look at the MF Global case, it seems—I don’t know for sure—but it seems some people got their money, but not others. This is a very disturbing thing to happen in the financial system. And when I see this, I think we have to be very prudent, so I would hold a safe deposit box outside the U.S.. “Now the question is: how is it to hold a safe deposit box with a bank if the bank closes down. And this happens,” Faber continued. “You can also hold safe deposit boxes in duty-free stores, warehouses at airports around the world. In Switzerland we have them; in Singapore we have them, and so forth. So that’s a possibility.” Faber explained

Friday, March 30, 2012

The Gold Silver Correction is Over says Gary Wagner

Gary Wagner Thinks the Precious Metals Correction is Over--03-29-2012 Gary Wagner of "The Gold Forecast" discusses gold and silver prices from a technical perspective. Although Wagner sees triple-digit silver prices as a near certainty, he predicts that The Gold Silver Correction is Over .The Fed doesn't want to bring gold prices down. Bernanke has openly stated in meetings he wants to keep the value of commodities and housing prices inflated higher via inflation. If he doesn't it allows deflation to rear its ugly head. And he is dead against any kind of deflation. I expect Gold to be $2000/oz before they even start to touch interest rates or stop pumping liquidity into bonds, paper gold and silver.

Thursday, March 29, 2012

Indian Boycott Impacting Gold

Indian Boycott Still Impacting Gold : Adrian Ash, head of research for BullionVault, says the situation in India is still weighing on gold prices.The Indian government has said it will review a new tax on unbranded gold jewellery, after 11 days of protests by gold shop owners. Shops have been closed in some parts of India since the levy was announced in the federal budget on 16 March.

Wednesday, March 28, 2012

Gold - Independent Money

Short animation arguing for re-introduction of gold as money because of its independence. Written and narrated by Dominic Frisby. Animated by Pola Gruszka. Sponsored by Gold Resource Corporation. the fundamentals and principals behind gold are rock solid (pun intended). Just look at the central banks of all the wealthy countries hoarding gold like crazy. Gold is also being heavily used in small electronics now days. All of this new smart phones have a decent amount of gold. Gold conducts electricity very well even on a nano level. So yes, gold does have other uses.

the interest rate system must be abolished as well. it is mathematically impossible to pay back interest, and the interest on the interest, with a fixed money supply (as it would be with gold, since gold mining is projected to run out sometime the next 30 years, thus money supply would then be stable) so interest rates are fraud to begin with and can only lead to more money printing to pay the banks -> inflation, or implosion of the system. also, fractional reserve banking is fraud

Monday, March 26, 2012

Gold getting a Bernanke bounce today

Gold getting a Bernanke bounce today , Gold and silver moved shortly after FED Chairman talked , another push to the gold and silver prices came from the Italian PM who said that he was worried about the possibility of seeing Spain going bankrupt , investors are expected to start flocking again into gold and silver markets

Thursday, March 22, 2012

Gold is Money

Gold is Money it retains is value. Dollars, on the other hand, don't retain their value because Ben Bernanke is printing them like crazy. Investor demand for gold has increased tenfold in 10 years indicating that the commodity is entering a new phase of the gold bull market as China and India drive demand. The price of gold has also been affected by global monetary stimulus programs and the exchange rate between gold and paper is expected to rise even further, with analysts predicting that the next 12 month target for gold will be USD 2,000.

In Gold We Trust: The Future of Money in an Age of Uncertainty
The Economist has published a new book, authored by Matthew Bishop, American Business Editor, on gold and the future of money. "In Gold We Trust" is available globally on Amazon as a Kindle Single.

Wednesday, March 21, 2012

Ben Bernanke Anti GOLD Speech At George Washington University

Ben Bernanke Anti GOLD Speech At George Washington University . Mr. Bernankes Class is in: Print Money, charge Interest on it....Have a Great Day Kids.

Federal Reserve Chairman Ben Bernanke is trading in his chairman hat for that of a college professor. Bernanke has given the first of four lectures to students at George Washington University. Four times starting Tuesday, Bernanke will take a break from his day job to revisit the academic life he led -- and, by all accounts, enjoyed -- before coming to Washington a decade ago. He'll stand before a class of George Washington University undergraduates and deliver a series of lectures on the Fed.

Monday, March 19, 2012

Central Banks Hoarding Gold after the Big Drop

Central Banks Buy Gold On Last Week's Big Drop . Central Banks are buying gold on the dips having bought about 4 Tons the past week according to insiders. Central Bank Gold Buying is a Game Changer" Also remember, China is dig the hell out of their ground and are now the number 1 miners of both gold and silver in the world. You think they are reporting to any agency or institution on how much they are mining?! It's a game theory, the first country to run back to gold will cause the chain reaction... those with gold will win, those without lose.Central banks are taking advantage of the fact that the price of gold dropped 3 percent last week. Reuters said that central banks bought about $250 million worth of gold last week through the Bank for International Settlements.

James Turk on The Gold Standard

James Turk on The Gold Standard

Gold is a good inflation hedge, just don't get into the futures game unless you wanna get hammered when the banksters manipulate the market. James Turk Director of the GoldMoney Foundation argues that the gold standard has been proven to be a working monetary system with automatic leveling functions. As a result of the coming structural changes to our monetary system, both men recommend owning tangible assets. They point out, that those who act first have a great advantage.He also speaks about currency devaluation and the rising gold price. How the gold price is rising against all major currencies and monetary policy is political, having abandoned all pretense of seeking monetary stability. He warns of the dangers of a hyperinflationary crisis. James also explains why gold should be considered money and not an investment.James Turk mentions that today, commercial banks as well as central banks are leveraged at unsustainable levels. While both agree that it makes sense to get back to less risky traditional banking and a sound money system, He raises the question of how it will be possible to bring the leverage down to prudent levels again and how to get rid of the huge amount of complex derivatives. He also talks of the coming dollar collapse and the waterfall decline in the dollar, especially since Ben Bernanke's words on QE

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