Tuesday 23 August 2011
The 1% and 2% rules for the gold price
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Bob Chapman "Gold is not going to stop at $2000/oz" - The Financial Survival 22 Aug 2011
by BobChapmanChannel on Aug 22, 2011
Go to http://bobchapman.blogspot.com
for more Bob Chapman videos
Bob Chapman - The Financial Survival 22 Aug 2011
for more Bob Chapman videos
Bob Chapman - The Financial Survival 22 Aug 2011
MONDAY, AUGUST 22, 2011
Bob Chapman : Gold is not going to stop at $2000/oz
BOB CHAPMAN - THE FINANCIAL SURVIVAL 22 AUG 2011
Bob Chapman : I see that they have invaded Mr Ghaddafi and they probably might capture him and the first thing , they are going after his Gold , I do not think it is going to be sold in the market they know it is going to go much higher they know they can't impede it except for using derivatives and they do not want to lose that gold but they are going to steal , the operative word is STEAL , they are nothing but criminals they are worse than Gingis Khan ,,,Gold is not going to stop at 2000 , I think it is going to blow right throw it , I am going to be a buyer as I told you I do not care what the price is just BUY......110822 - Hyper Report
by HyperReport on Aug 22, 2011
Source Links for Today's Items:
Stocks Rally on Expectations for Stimulus
http://www.bloomberg.com/news/2011-08-22/u-s-index-futures-fall-oil-drops-on-...
Federal Reserve Lent Private Banks $1.2 Trillion During Financial Crisis' Acute Stage
http://www.ibtimes.com/articles/201365/20110821/federal-reserve-banks-banking...
Jobs: Worse Than You Think
http://money.cnn.com/2011/08/08/news/economy/unemployment_jobs/index.htm
Obamacare is Already On Its Deathbed
http://campaign2012.washingtonexaminer.com/article/obamacare-already-its-deat...
Social Security Disability on Verge of Insolvency
http://news.yahoo.com/social-security-disability-verge-insolvency-090119318.html
South Dakota Schools Cut Costs With 4-day Week
http://hosted.ap.org/dynamic/stories/U/US_SHRINKING_SCHOOL_WEEK
FCC Finally Kills Off Fairness Doctrine
http://www.politico.com/news/stories/0811/61851.html
The content contained in the Hyper Report is provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and before making any significant investing decisions. All stories are sourced and assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.
This video is protected by the Fair use Act-Title 17 Chapter 1, Article 107 pertaining to the use of copyrighted works to illustrate an opinion, or for educational purposes...
Thank you.
Gold Seeker Closing Report: Gold and Silver Gain Over 2% More - SilverSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Over 2% More - SilverSeek.com
Posted 22 August, 2011 |
By: Chris Mullen, Gold-Seeker.com
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Posted 22 August, 2011 |
The Metals:
Gold climbed to a new record high of $1894.40 in Asia before it fell back to $1857.80 by a little after 8:30AM EST, but it then rallied back higher in New York and ended near its earlier high with a gain of 2.15%. Silver soared to as high as $44.022 before it pulled back to $42.46, but it also rallied back higher in New York and ended near its earlier high with a gain of 2.55%.
Euro gold jumped to a new record high at about €1314, platinum gained $31 to $1896, and copper fell a couple of cents to about $3.96.
Gold and silver equities rose about 4% by late morning and remained near that level for the rest of the day.
Close
Gain/Loss
Gold
$1888.90
+$39.80
Silver
$43.36
+$1.08
XAU
217.12
+3.17%
HUI
605.02
+4.08%
GDM
1766.13
+1.03%
JSE Gold
2781.67
+85.11
USD
74.11
+0.14
Euro
143.65
-0.37
Yen
130.20
-0.45
Oil
$84.12
+$1.86
10-Year
2.088%
+0.017
T-Bond
140.15625
-0.0625
Dow
10854.65
+0.34%
Nasdaq
2345.38
+0.15%
S&P
1123.82
+0.03%
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Yes, the price of silver is indeed looking bright and shiny!
Silver Price Looking Bright & Shiny!
Although over the past ten years the supply through production and scrap of silver has increase by 26 percent, the demand has expanded by only 10 percent. But a good percentage of this production is irrecoverable through photographic paper and other industrial use.
"Most of the cost to ship silver and gold, about 80% of the cost, is for the insurance, to insure against the loss of theft of it. And here's how it breaks down, as follows:
To ship 100 oz. gold, requires 4 packages, because you can only insure so much at one time, not more than $25,000 worth. $45 each package.To compare, it costs $20 to ship 100 oz. silver; $8 for the one box, and $12 for the insurance. Insurance is much less, due to the lower value.
Total cost to ship 100 oz. of gold = $45 x 4 = $180
Gold is 9 times as expensive as silver to ship, on an ounce per ounce basis at current prices, and more inconvenient, due to having to break down the packaging into 4 boxes."
http://silverprice.org/silver-price-news/2008/01/silver-price-looking-bright-shiny.html
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
August 22, 2011 Midday Metals Report
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Gold Rallies as Money Flees - By Aaron Task | Daily Ticker
Gold Rallies as Money Flees “Leveraged Financial System,” Dempsey Says
Mon, Aug 22, 2011, 9:36 PM EDT - U.S. Markets closedBy Aaron Task | Daily TickerGold climbed further into record territory Monday, trading within earshot of $1900 per ounce.
Edward Dempsey, chief investor officer at Pension Partners, has been and remains bullish on gold. "Technically, gold is not showing any signs of slowing down," he says. "It's not at the moment exhibiting any signs of weakness or slowing down."
What's driving gold now is "money running from leveraged financial system," Dempsey says, echoing the views of other gold bulls like Porter Stansberry. (See: 40 Years Later: Should America Go Back to the Gold Standard?)
The flight from the financial system resumed Monday as banks stocks stumbled into the close in Europe while weakness in Bank of America and JP Morgan restrained the Dow's rebound effort.
In the near-term, Dempsey says gold may get a lift as bullion banks seek to meet Venezuelan President Hugo Chavez's recent decision to recall his country's gold reserves. "My guess is they don't actually have the gold — it's been lent out and [banks] are going to have to scramble to get this gold," he says. "The question is: 'At what price is it going to take to get it back?'"
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Stocks: Not Too Late To Sell
y CiovaccoCapital on Aug 21, 2011
Investment Risk Management Techniques: If stocks are heading into a bear market in 2011-2012, is it too late to sell or develop risk management contingency plans. Please see this Short Takes post for bearish long-term signals:
http://ciovaccocapital.com/wordpress/index.php/risk-reward/dip-buyers-beware-...
In the early stages of a bear market, it may feel like "it is too late to sell" or "too late to develop stop loss plans for my stocks and investments". However, using history as a guide, it may still be a good time to develop a bear market risk management plan for your investment portfolio. Chris Ciovacco, of Ciovacco Capital Management, reviews risk-reward ratios in the context of portfolio management.
http://ciovaccocapital.com/wordpress/index.php/risk-reward/dip-buyers-beware-...
In the early stages of a bear market, it may feel like "it is too late to sell" or "too late to develop stop loss plans for my stocks and investments". However, using history as a guide, it may still be a good time to develop a bear market risk management plan for your investment portfolio. Chris Ciovacco, of Ciovacco Capital Management, reviews risk-reward ratios in the context of portfolio management.
Aug 22 Market Charts
Market Charts
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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Bank of America Tanks; Gold Goes Parabolic, No Telling Where It Stops
Bank of America Tanks; Gold Goes Parabolic, No Telling Where It Stops
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
I am somewhat amused by the lack of commentary on the latest advance in gold. Did people sell, waiting for a correction that did not come? I do not know the answer to that, but I can see that financials have been clobbered, led by Bank of America, while gold has soared. These events are not unrelated.
Bank of America Daily
Bank of America Weekly
Questions Abound
- Who would have believed in 2007 that a 44 cent drop in share price would amount to a 6.3% move?
- How long before Bank of America tests that spike low of $2.51?
- How much is CEO Brian Moynihan worth?
Gold Daily Chart
This is no longer an orderly-looking move, but a weekly chart can help maintain perspective.
Gold Weekly Chart
This is no longer an orderly-looking move, but a weekly chart can help maintain perspective.
Gold Weekly Chart
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
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