Source: Visit Zerohedge for more charts on trends.
*************************
For those that believe gold cannot possibly go to $3,000 or $10,000 USD, please consider the hyperinflation period in Germany (LINK) during the early 1900's. Back then the German Mark was a very powerful and globally recognized currency as the U.S. Dollar is today, and you can see how printing money and/or expanding the balance sheet of a country via bailouts, stimulus, quantitative easing or whatever? It all has the same effect on commodity prices in general, especially GOLD!
Saturday, December 31, 2011
TRENDS in The Past 11 Years
Labels:
Gold Trends,
Market Trends,
Year end Gold,
Zerohedge Gold
Wednesday, December 28, 2011
U.S. Mint says has enough gold, silver Eagles coins
Reuters
By Frank Tang
NEW YORK
Wed Dec 28, 2011 3:10pm EST
(Reuters) - The United States Mint said on Wednesday it has enough American Eagle gold and silver bullion coins to meet demand and does not expect to allocate them in early 2012.
Sales of the U.S. gold and silver bullion coins have slowed in the fourth quarter as precious metals prices retreated from record highs, bucking a trend earlier this year when investors flocked to physical gold and silver as safe havens.
"As we plan on having sufficient quantities of all coins available, we do not anticipate having to allocate the initial release," U.S. Mint spokesman Michael White said in a note. LINK...
By Frank Tang
NEW YORK
Wed Dec 28, 2011 3:10pm EST
(Reuters) - The United States Mint said on Wednesday it has enough American Eagle gold and silver bullion coins to meet demand and does not expect to allocate them in early 2012.
Sales of the U.S. gold and silver bullion coins have slowed in the fourth quarter as precious metals prices retreated from record highs, bucking a trend earlier this year when investors flocked to physical gold and silver as safe havens.
"As we plan on having sufficient quantities of all coins available, we do not anticipate having to allocate the initial release," U.S. Mint spokesman Michael White said in a note. LINK...
Labels:
Gold Coins,
Gold Eagles,
Gold Vault,
Silver Eagles,
U.S. Mint,
Vault Storage
Tuesday, December 27, 2011
Tuesday, December 20, 2011
Money Supply Explosion Will Lead to Accelerating Inflation
Originally posted on GoldMoney
In case you were wondering where inflation comes from and why things are getting more expensive? It's simple supply and demand folks. The more money and credit the Central Banks create the less "value" it has against consumer goods, and the result is...you guessed it, INFLATION! So who is to blame for inflation?
Your cost of living will never stop increasing as long as Central Banks are printing money. Now ask yourself if the return on your investment portfolio looks like this chart? If not, then you're losing money and the only way to protect your wealth is to become your own "Central Bank" and have GOLD/SILVER bullion in reserve, because Cantral Banks cannot just create gold by pushing buttons on a printing press or a computer!
People are being swindled and they don't even know it! BK
In case you were wondering where inflation comes from and why things are getting more expensive? It's simple supply and demand folks. The more money and credit the Central Banks create the less "value" it has against consumer goods, and the result is...you guessed it, INFLATION! So who is to blame for inflation?
Your cost of living will never stop increasing as long as Central Banks are printing money. Now ask yourself if the return on your investment portfolio looks like this chart? If not, then you're losing money and the only way to protect your wealth is to become your own "Central Bank" and have GOLD/SILVER bullion in reserve, because Cantral Banks cannot just create gold by pushing buttons on a printing press or a computer!
People are being swindled and they don't even know it! BK
Labels:
Central Banks,
Cost of Living,
Gold Hedging,
Inflation,
Money Supply
Saturday, December 17, 2011
GOLD RADIO CAFE: The Gold and Silver Financial Review With Bob Chapman
Wednesday, December 14, 2011
Kyle Bass Says Europe Needs Actual Restructuring
**************************************************
This is a GREAT buying opportunity in GOLD and SILVER for those with disposable cash.
Here's a LINK to one of the interviews Kyle did recently. He addresses the fact that the COMEX has $80 Billion in paper futures contracts in open interest, and when he asked how much they have in deliverable gold in the warehouse, they said $2.7 Billion? So Kyle being the smart man he is, said just give me a billion in physical and you guys worry about the rest. BK
Labels:
CNBC Gold,
David Faber,
Debt Crisis,
Dollar Liquidity,
Kyle Bass,
Sovereign debt
Thursday, December 8, 2011
GOLD RADIO CAFE: The Gold and Silver Financial Review With Bob Chapman
Monday, December 5, 2011
Texes Hedge Fund Manager, Kyle Bass who made millions in the credit crunch says take physical delivery of your GOLD!
About the 41st minute into the video, Kyle talks about his gold holdings. Pay close attention to what he says about the attitude of the warehouse managers and how much paper they hold compared to the actual physical. BK
YOUTUBE LINK:
http://www.youtube.com/watch?v=5V3kpKzd-Yw
YOUTUBE LINK:
http://www.youtube.com/watch?v=5V3kpKzd-Yw
Labels:
COMEX Gold,
Gold Delivery,
Gold Vault,
Hayman Capital,
Hedge Fund,
Kyle Bass
Subscribe to:
Posts (Atom)