Central Metals Corp.

Gold Radio Cafe With Bob Chapman

noreply@blogger.com (Central Metals Corp.) — Fri, 10 Feb 2012 16:50:00 +0000

Central Bank Demand Driving Gold Higher: CEO

noreply@blogger.com (Central Metals Corp.) — Mon, 06 Feb 2012 17:17:00 +0000

By: Shai Ahmed
CNBC Associate Editor
“The supply side of the supply-demand equation is very tight. There is a growing demand side from the increase in jewelry off-take in central Asia, but also the central banks starting to buy gold. These are the emerging markets central banks, not the G20 central banks,” Bristow said. LINK...

States Seek Currencies Made of Silver and Gold

noreply@blogger.com (Central Metals Corp.) — Sun, 05 Feb 2012 10:47:00 +0000

By Blake Ellis @CNNMoney February 3, 2012: 10:53 AM ET
NEW YORK (CNNMoney) -- A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place. LINK

Gold Radio Cafe With Bob Chapman

noreply@blogger.com (Central Metals Corp.) — Fri, 03 Feb 2012 16:54:00 +0000

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Blog Talk Radio
http://www.blogtalkradio.com/goldradiocafe/2012/02/03/gold-and-silver-financial-review-with-bob-chapman

Byron Dorgan With Bill Moyers on the Banking Crisis

noreply@blogger.com (Central Metals Corp.) — Fri, 03 Feb 2012 12:40:00 +0000

Byron Dorgan on Making Banks Play by the Rules from BillMoyers.com on Vimeo.

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Sourced from Jesse's Cafe Americain

A MUST WATCH VIDEO!
Didn't Alan Greenspan say that no one could have seen this coming? The funny thing is that Mr. Dorgan is not even an economist. BK

Silver Represents Your Labour or $960/oz

noreply@blogger.com (Central Metals Corp.) — Wed, 01 Feb 2012 22:04:00 +0000

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Here's an interesting video sent to us from a valued client.
A perspective on true value and labour. People work hard in exchange for paper money because they hope it maintains its value in the future so they can build a better life. Honest money is supposed to be a "store of value" this is why people save it in the first place. But if your paper money is losing "value" while prices of goods and services are rising then the paper money is not performing as it should. Therefore you must go to a fair medium of exchange that cannot be created out of thin air by central banks and governments, thus reducing the value of your labour. Think about it... you work hard for the paper money you receive but central banks can just create that same money by pressing a button on a computer, and POOF, they just reduced the value of you labour. The only honest and fair exchange for your labour is gold and silver because central banks and governments cannot just create it out of thin air. There must be hard labour that go into producing an ounce of gold or silver. The intrinsic "value" is built into the metal itself for eternity. This is why gold and silver are considered the "ultimate store of value" and medium of exchange. It's an exchange of hard labour for hard money. BK

Beef Prices Going Up Again This Year

noreply@blogger.com (Central Metals Corp.) — Tue, 31 Jan 2012 12:10:00 +0000

Gannett News Service January 30, 2012 10:40AM: Chicago Sun-Times

Beef prices, already at near-record-high prices, are expected to be driven up for the second year in a row this year because of a limited supply of cattle.

There were about 91 million head of cattle in the United States as of Jan. 1, according to the U.S. Department of Agriculture. That’s down 2 percent from a year ago — and the lowest level since 1952. Retail beef prices, now near record levels, will likely rise 4 percent to 5 percent this year following a 10 percent increase in 2011, the Agriculture Department predicts. LINK...

Gold Radio Cafe With Brad Yates From NTR Bullion Group

noreply@blogger.com (Central Metals Corp.) — Fri, 27 Jan 2012 19:26:00 +0000

Gold and Silver Financial Review With Brad Yates

Max Keiser: Gold Will Double and Triple

noreply@blogger.com (Central Metals Corp.) — Thu, 26 Jan 2012 20:56:00 +0000

Jim Rogers: Abolish the FED

noreply@blogger.com (Central Metals Corp.) — Wed, 25 Jan 2012 20:35:00 +0000

http://www.youtube.com/watch?v=6KLtm7-O4z8

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An old interview but relevant this week as the FED clearly states they plan to keep interest rates low and basically keep printing money to bailout who ever?
It still amazes me that these commentators continue to support these money printing policies, because they must be shopping and buying gas just like everyone else, and don't they see prices rising?
400 POINTS on the DOW! Big deal Maria, it's not like the DOW did it on it's own fundamentals! It's CHEATING! It's easy to make a company look good if they have endless supplies of money and credit. It's not as if the companies in the DOW performed better because they sold more units or developed a better product. It wasn't based on ingenuity or production, it was a "BAILOUT," because they failed! This is nothing to be proud of? The system has FAILED, it is broken and it continues to move along because the FED is creating money to keep it going. Like Jim says, "this is not good for the world." BK

India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned

noreply@blogger.com (Central Metals Corp.) — Mon, 23 Jan 2012 21:48:00 +0000

DEBKAfile Exclusive Report January 23, 2012, 5:57 PM (GMT+02:00)

India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, DEBKAfile's intelligence and Iranian sources report exclusively. Those sources expect China to follow suit. India and China take about one million barrels per day, or 40 percent of Iran's total exports of 2.5 million bpd. Both are superpowers in terms of gold assets. LINK...

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Could this be the beginning of the end for the "petrodollar?" Gold will re-establish itself as the world's reserve currency and this is the way it has been for thousands of years. This is a monetary axiom. BK

Silver Still Top Pick For 2012

noreply@blogger.com (Central Metals Corp.) — Mon, 23 Jan 2012 18:47:00 +0000

Arabian Money (www.arabianmoney.net)

Silver is currently rather depressed in relation to its recent high, and unless we have seen the end of the 11-year bull market for precious metals then ought to be consolidating for another leap higher. That has been the pattern of volatile, wild price swings that we have come to expect from this precious metal.

So buy silver now and you are on the right side of this particular curve. Gold also clearly has room to pass its all-time high set this year and jump through $2,000 an ounce. But that could still trail the percentage gain in silver. LINK...

Napoleon...

noreply@blogger.com (Central Metals Corp.) — Sat, 21 Jan 2012 19:27:00 +0000

"The world suffers a lot.
Not because of the violence of bad men.
But because of the silence of good people."

Bob Chapman on Gold Radio Cafe: Jan 20, 2012

noreply@blogger.com (Central Metals Corp.) — Fri, 20 Jan 2012 18:22:00 +0000

John Williams Says Hyperinflation in 2014

noreply@blogger.com (Central Metals Corp.) — Fri, 20 Jan 2012 16:02:00 +0000

John Williams of Shadow Stats (www.shadowstats.com) says the economy is headed towards hyperinflation in 2014 or sooner on the Financial Sense news hour with Jim Puplava (www.financialsense.com)

http://www.netcastdaily.com/broadcast/fsn2012-0120-1.mp3

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What does all this mean? Higher prices of all commodities, especially gold and silver. As we have said many times on this website, the rise in gold is not about the rise in gold, it's about the USD losing confidence as the world's reserve currency. Think about your cost of living and compare that to the performance of your investment portfolio. Are you any better off? BK

Gold & Silver The Legacy RRSP Assets For All Generations

noreply@blogger.com (Central Metals Corp.) — Fri, 20 Jan 2012 00:05:00 +0000

"Gold is money, everything else is credit."
James P. Morgan

For twelve years gold and silver have been in a bull market. Gold has shown an average annual return of approximately 20% per year, even when measured in various global currencies, it has outperformed every other asset class in the past decade. The 70's saw gold rise from $35/oz to a high of $850/oz in 1980, that's a multiple of 24 times. Applying that multiple in this decades bull run, it would take gold from a low of $250/oz in 1999 to a high of $6,000/oz! With gold trading in the $1,650 range today, we're not even close to "BUBBLE" territory or a peak in gold. Just ask yourself how many people you know that own gold bullion, and I don't mean ETF's, paper certificates or trusts, but the actual physical bullion? Probably very few? Besides the global economy was much different in the 70's. Chinese and Russian citizens were not even allowed to own gold. Now, China is actively promoting gold investments to its citizens. The USA was a creditor nation, now it's the largest debtor nation in the history of the world, with debt exceeding, hold on to your hats...$15 TRILLION! The problem is many fail to realize this bull market in gold is not about gold, it's about the USD losing confidence as the world's reserve curreny. Throughout history many countries have lost this status, from the great Roman times to the British empire. Paper currencies always, and without fail, eventually return to their intrinsic value of ZERO. However, gold is actually insurance and a true measure of wealth, that cannot be challenged. It has outlasted every government, currency, bank or stock market that has ever existed. Gold is the only unit of measure or medium of exchange that has survived throughout history as money. WHY, because of its natural composition. Gold cannot be destroyed, cannot be counterfeit, has no counterparty risk, cannot rust or tarnish, it's evenly divisible, fungible, transportable, very rare, globally recognized as a store of value and it takes real labout to produce, unlike paper or digital currencies created by central banks. Yes, of course gold and silver do not produce interest or dividends, but they're not supposed to because they are a unit of account, a measure of real wealth or MONEY! Besides, take a look at your "balanced and diversified" portfolio and compare it to gold & silver and the "cost of living," and ask yourself if you're doing any better? Gold is the only true method of protecting your wealth from the continuous inflationary policies of all central banks printing money and expanding credit. Besides, central banks keep gold in reserve, why not YOU!
The secret to everlasting wealth...
become your own central bank!

Consider this:
In 1970 $35 buys 1oz of gold or 140 loafs of bread.
In 2012 $35 buys 0.02oz of gold or ONLY 10 loafs of bread.
However, 1oz of gold today ($1,650) buys 470 loafs of bread. So what is a true STORE OF VALUE for any generation?
BK

Global Gold Coin & Bar Demand Surges in 2011

noreply@blogger.com (Central Metals Corp.) — Tue, 17 Jan 2012 22:49:00 +0000

Source: www.goldseek.com

Thomson Reuters GFMS annual gold survey released today shows that global investment increased 20% last year to $80 billion, leading to the nominal high last September of $1,920/oz. This is primarily attributed to the physical buying of bullion.

Gold may climb to a new nominal record above $2,000/oz by early next year as concern about currencies and low interest rates encourage investors to seek a protection of wealth, Thomson Reuters GFMS said. LINK...

ECB's Chief Warns Situation Is "Very Grave"

noreply@blogger.com (Central Metals Corp.) — Tue, 17 Jan 2012 22:00:00 +0000

By Brian Blackstone

FRANKFURT—European Central Bank President Mario Draghi delivered his sternest warning to date on Europe's debt crisis, saying it could cripple financial markets and the economy unless effective actions are taken by governments.

"We are in a very grave state of affairs and we must not shy away from this fact," Mr. Draghi said in testimony to the European Parliament.

Three months ago, Mr. Draghi's predecessor, Jean-Claude Trichet, told the same group of lawmakers the crisis had reached "systemic dimensions." Mr. Draghi on Monday said "the situation has worsened further" since then. LINK...

Gold Radio Cafe: Jan 13, 2012

noreply@blogger.com (Central Metals Corp.) — Fri, 13 Jan 2012 19:38:00 +0000

The Gold and Silver Financial
Review With Bob Chapman

GOLD RADIO CAFE

noreply@blogger.com (Central Metals Corp.) — Wed, 11 Jan 2012 12:21:00 +0000

Now on TALK STREAM LIVE
Check it out...

http://www.talkstreamlive.com/talk_radio/gold_radio_cafe.stream

Gold Imports Increase in China

noreply@blogger.com (Central Metals Corp.) — Tue, 10 Jan 2012 18:53:00 +0000

Source: www.zerohedge.com CLICK HERE for STORY

Why the Wealthy Own Gold

noreply@blogger.com (Central Metals Corp.) — Mon, 09 Jan 2012 23:45:00 +0000

By Mark Motive, publisher and chief author of Plan B Economics.

Yet, I still talk to Wall Street analysts who clearly misunderstand gold's place in a portfolio. Meanwhile, many people who are part of the world's wealthy class are hoarding gold. What do they know that others don't? LINK... http://news.goldseek.com/GoldSeek/1326119608.php

The Psychology of Gold

noreply@blogger.com (Central Metals Corp.) — Mon, 09 Jan 2012 12:19:00 +0000

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Yes that's very nice Professor, HOWEVER, one thing is for "certain," gold has outlasted every government, currency, stock market, bank or financial institution that has ever existed. It remains the only true unit of measure for wealth because of it's natural composition. It cannot be destroyed, counterfeit, corroded or just created on a balance sheet like fiat paper currency. It's very rare, evenly divisible, fungible, transportable, it requires hard physical labour to produce and is recognized as money around the world. People go to gold because they lose trust and confidence in paper assets, and lately I don't blame them. It's NOT about gold, it's about a system gone mad.
Yes there is a physical attractiveness to it and this is why it's used in jewellery, but so are diamonds and rubies, and you don't see central banks around the world holding diamonds in reserve do you? People can put any spin they want on gold, the facts speak for themselves. GOLD is everlasting wealth and there is a reason why the great powers of history treasure it! BK

Gold and Silver Financial Review With Bob Chapman

noreply@blogger.com (Central Metals Corp.) — Sun, 08 Jan 2012 13:48:00 +0000

"Gold Radio Cafe"

The Chain of Custody Behind Gold is Breaking

noreply@blogger.com (Central Metals Corp.) — Sat, 07 Jan 2012 12:42:00 +0000

January 4, 2012 | By Tekoa Da Silva

A candid interview with Ned Naylor-Leyland

In response to the current sell-off in gold, Ned commented, “You’ve got to bear in mind, they’re just selling leveraged paper, no one is selling physical. There is just a tsunami of paper selling in order to maintain the illusion of fiat value…and it will be overcome…the physical buying will ride over the paper selling.”

He further stated that this sell-off, “gives [investors] an opportunity to diversify and hedge themselves at a reasonable level, because in due course we’ll get a huge move and the market will have recognized what is really going on...we’ll get some kind of event in the market which will drive price discovery and a change in the way markets behave in one fell swoop. The substantial illiquidity of gold and silver will prove to be a big problem for asset allocators and people trying to come in at that point.” LINK...