Thursday, 13 October 2011
Interest in gold is slowly growing
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Mineweb.com - Gold`s financial role likely to expand - Lassonde - GOLD ANALYSIS | Mineweb
Mineweb.com - The world's premier mining and mining investment website Gold`s financial role likely to expand - Lassonde - GOLD ANALYSIS | Mineweb
Posted: Wednesday , 12 Oct 2011
Franco-Nevada Chairman, Pierre Lassonde says he remains very bullish on the prospects for gold over the next 10 years but does not rule out the potential for a significant correction within the bull market
Author: Geoff CandyPosted: Wednesday , 12 Oct 2011
Looking again at the European situation, Lassonde says, "Italy has the means to get themselves out of trouble, they're sitting on almost 2,500 tonnes of gold with which, even at today's price, assuming that they do for example a gold-backed bond with a 35% premium, they could easily raise $150bn and if not more."
He adds, "If you add it all up - in the European central banks - there is probably something like 7,000 to 8,000 tonnes of gold. They could raise $2 trillion and solve their problems."
This gold, he suggests could be sold to China, which is currently not getting much of a return on its three trillion odd in foreign exchange. .............
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=137366&sn=Detail&pid=33
Base metal outlook still good, even if Europe continues to deteriorate - Natixis
Base metal outlook still good, even if Europe continues to deteriorate - Natixis
Natixis's Nic Brown believes that while there are a few similarities between the current situation and 2008, the differences mean that base metals are unlikely to fall as hard, even in a worst case scenario.
Interviewer: Geoff Candy
Posted: Tuesday , 11 Oct 2011
Posted: Tuesday , 11 Oct 2011
http://www.mineweb.com/mineweb/view/mineweb/en/page96985?oid=137239&sn=2010+Detail&pid=102055
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.
Mineweb.com - Valuing gold in this economy, invest in resources and survive the death of money - POLITICAL ECONOMY | Mineweb
Mineweb.com - The world's premier mining and mining investment website Valuing gold in this economy, invest in resources and survive the death of money - POLITICAL ECONOMY | Mineweb
Posted: Saturday , 08 Oct 2011
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.
When the currency system as we know it dies, some people will become very wealthy. In this report from the Casey Research/Sprott Inc. Summit "When the Money Dies," The Gold Report talks to Rick Rule, Louis James and Marin Katusa.
Author: Karen Roche and JT LongPosted: Saturday , 08 Oct 2011
PETALUMA, CA (THE GOLD REPORT) -
The Gold Report: Since we are at a conference called "When Money Dies," please explain who killed money and how, after all these years of governments around the world trying everything from quantitative easing to bank bailouts, we are still in the midst of the weakest global economy in this generation's history?
Rick Rule: The answer is in an old Pogo Cartoon that reads: "I have seen the enemy and he is us." Collectively in the West, we have lived beyond our means for a substantial amount of time. We rely on a government that we have paid to steal from our neighbors. Money is how we deal with transfers. Dealing with transfers dishonestly by making more of the medium that isn't backed by any value is the process by which money dies.
Louis James: The problem is that you are asking the guardian who has stolen the goods to recover them. Government has been in charge of money for hundreds of years. When it is debased, you have to ask: "Who was watching the hens in the hen house?" When you discover who the fox is, you don't want to put him back in charge.
TGR: We are looking at quantitative easing 3 (QE3) in the U.S. Europe is considering the same thing. Even China is doing its version. Will money actually die or will it all inflate together?
Marin Katusa: I am going to take the contrarian view. With all this quantitative easing, there is actually asset deflation occurring right now if you look at the valuations from an equity standpoint. Trillions will be printed, but look at the deflation in the assets. He who has cash will be king because he can afford to buy these discounted stocks. If you do your homework and be sharp, you will make a fortune in the next three years.
TGR: But money is an asset; cash is an asset. If you are holding your wealth in money wouldn't it all deflate? .........
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.
Forex Gold Trader - $85,000 REAL ACCOUNT WIPED!!!
by Munnybearz on Sep 23, 2011
Forex Gold Trader is a commercial EA that relies on the fact that the price of gold will rise. It uses an unsound trading strategy that is bound to crash the account one day. Today was that day for this account. Watch its official REAL MONEY account get wiped!
Trace Mayer, J.D. at GATA Gold Rush 2011
by GoldMoneyNews on Sep 20, 2011
Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. Trace Mayer, of http://runtogold.com, talks to the GoldMoney Foundation about the reasons to buy gold.
He explains how he became interested in gold through monetary history; he talks about Dr. Vieira's "Pieces of Eight". He thinks that gold is extremely undervalued at present. He also talks about the internet, politics and the future of money and technology.
This interview was recorded in London on August 4th 2011.
October 12, 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.
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