Thursday 12 January 2012

Ed Griffin interviews James Turk about GoldMoney



by on Jan 4, 2012
Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. In this video, Ed Griffin interviews James Turk about GoldMoney. GoldMoney was founded in 2001. Based on the British Channel Island of Jersey, the company allows people to buy gold, silver, platinum and palladium online, and store their metal in secure VIA MAT vaults in London, Zurich and Hong Kong. GoldMoney also allows people to take physical delivery of gold and silver bars.


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.

Suki Cooper – Barclays Sees $2,200 the Ounce for Gold in 2012



Wednesday, January 11, 2012

Suki Cooper – Barclays Sees $2,200 the Ounce for Gold in 2012

Barclays’ Suki Cooper says the fundamental factors that have led to the rise in gold have “not gone away.” She says the key watch factor is physical demand, which is showing “signs of life” – especially in India and China. As we suspected and noted in our linked graphs, Ms. Cooper said that import data out of Hong Kong into China for the end of last year was “actually much stronger than expected.” http://www.gotgoldreport.com/2012/01/suki-cooper-barclays-sees-2200-the-ounce-for-gold-in-2012-.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.

EIA's Energy in Brief: How dependent are US on foreign oil?

EIA's Energy in Brief: How dependent are we on foreign oil?

The United States imported about 49% of the petroleum,1 which includes crude oil and refined petroleum products, that we consumed during 2010. About half of these imports came from the Western Hemisphere. Our dependence on foreign petroleum has declined since peaking in 2005.

Pie chart showing: Net Imports: 51%; U.S. Petroleum: 42%. Source: Energy Information Administration

Pie chart showing: Western Hemisphere: 51%; Africa: 22%; Persian Gulf: 17%; Other Regions: 10%. Source: U.S. Energy Information Administration

Line graph showing trends in Million Barrels per Day.

http://www.eia.gov/energy_in_brief/foreign_oil_dependence.cfm

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.

What’s happening with gold prices?

http://www.numbersleuth.org/worlds-gold/

What’s happening with gold prices?

The trend since 1900 has been rising gold prices with occasional sharp volatility. See the table in question 2 for the history of gold prices from 1900 to the present. Here is a graph of gold prices over the last fifty years, which includes also gold prices adjusted for inflation:
Your browser may not support display of this image.
SOURCES: http://en.wikipedia.org/wiki/File:Gold_price_in_USD.png and http://minerals.usgs.gov/ds/2005/140/gold.pdf.
Here’s what’s happened with gold prices in the last decade:
Your browser may not support display of this image.
SOURCE: http://www.kitco.com.
Here’s what’s happened with gold in the last year (2011):
Your browser may not support display of this image. 
SOURCE: http://www.kitco.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.

How much gold gets mined per year worldwide?

http://www.numbersleuth.org/worlds-gold/

How much gold gets mined per year worldwide?

The table below shows world gold production from 1900 thru 2011. Production in 1900 was around 400 metric tons per year and has consistently moved up over the years. It is currently around 2,500 metric tons per year. The all time high was reached in 2001, with 2,600 metric tons of gold production worldwide. The total gold mined from 1900 to the present is just under 141,000 metric tons. Given that humans have mined a total of 165,000 metric tons over the course of history, that leaves just 24,000 metric tons mined before the 20thcentury.

SOURCE: http://goldratefortoday.org/world-gold-production-1900-2010.




Given 165,000 metric tons as an upper bound on available gold, how much does that leave to each human on the planet?

Humanity has just hit the 7 billion mark. That leaves just under 24 grams of gold to each person on planet earth, or .76 troy ounces or .83 ordinary ounces per person. In an ordinary male gold wedding band at 18-karat purity, there are about 5 grams of pure gold. That means every person on planet earth could own about 5 gold rings. At the current price of $1,750.00 per troy ounce of gold, that leaves $1,326.00 in gold for each person on planet earth. “Gold production has increased by a factor of 2.1 from 1959 to 2010. At the same time, the world population has been multiplied by a factor 2.2. Thus we produced more or less the same amount of gold per inhabitant as in 1959.” [QUOTE SOURCE: http://news.goldseek.com/Dani/1309290922.php)


How does the gold that’s mined get used?

52 percent gets used for jewelry, 18 percent constitute official holdings (as in central banks of nations), 16 percent take the form of investments, 12 percent find industrial uses, leaving 2 percent unaccounted for.

SOURCE: http://dollardaze.org/blog/?post_id=00479&cat_id=20




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.

All The World's Gold

All The World's Gold
From: Number Sleuth 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.

Pressure Point: US wants China to choke Iranian oil flow



 by on Jan 11, 2012
America is piling the pressure on Iran over its nuclear programme and new uranium enrichment facility by seeking global support for its anti-Tehran sanctions. US Treasury Secretary Timothy Geithner wants China - the largest consumer of Iranian oil - on their side, and is pushing it to buy less from Tehran. Investment manager Francis Lun believes the US should stop pressuring other countries to do their will.

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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.

Stocks Fall Flat, Fitch Says the ECB Must Do More to Avert Euro Collapse



 FOREXTV  | Jan 11, 2012  | 4 views
The S&P 500 index was little changed todayas investors shrugged off warnings about further weakness in the euro from a lack of leadership in tackling the euro zone debt crisis.

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.

January 11, 2012 Midday Metals Report



 by on Jan 11, 2012
Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales:             866-973-2077      


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.