Posts Tagged ‘Marc’
(excerpt from the weekly precious metals show GoldSeek Radio, hosted by Chris Waltzek 1/30/2009)
Markets go to go lower : 6000 for the Dow is in the cards and maybe lower
Medium house price could fall of the cliff
Hang on : if you have gold, you will do well and in these exceptional years you might even become rich… but YOU NEED TO BUY your gold today, not paper certificates, but physical gold
Duration : 0:9:50
Bob Chapman : excerpt of his weekly review on gold during his contribution to Goldseek Radio.
Dow could go as low as 6000 in the coming months
Host of the show is Chris Waltzek
http://radio.goldseek.com/
The moving picture is Agnetha Faltskog,
the girl with the GOLDEN hair.
Duration : 0:7:21
Interview on Commodity Watch Radio (jan 09)
Bob Chapman on GoldSeek Radio 02/20/2009
Dollar will go down when deflation rolls over into inflation. The moment inflation kicks off, SILVER WILL BE YOUR BEST INVESTMENT
Jody Watley sings Stevie Wonder’s HEAVEN HELP US ALL
my all time favorite singer, as you can see on my channel
she was former dancer in SOULTRAIN and later on singer dancer in SHALAMAR and her solocareer started with a grammy award winning debute album in 1987.
Last year she got a life time ashievement award
visit her, contact her on
http://www.myspace.com/jodywatley
and on
http://www.jodywatley.net
and on
http://www.youtube.com/user/jwatley1
____________
Duration : 0:6:34
1 oz silver = 100 $ at least ! (Mike Maloney)
1 oz gold = 6000 $ (former prediction by Mike Maloney)
This is an excerpt of a 15 minute video on http://goldsilver.com
Buy real gold, not the fools gold
Ask yourself : what would you do when the COMEX defaults ?
You wont be able to trade your certificate for the real metal.
Intro and outro by Chaka Khan : Tearin it up http://www.youtube.com/watch?v=vGEEMOXoLEw
Duration : 0:7:22
Joe Battaglia, Host of the daily precious metals radioshow : The American Advisor
Very rich investors start to buy gold. Are Central Banks buying up gold again ?
http://www.theamericanadvisor.com
GOLD PRICE predictions 1000, 1150 before june, 1250, possibly 2000 by year end
Duration : 0:4:33
Jim Rogers on Gold Seek Radio Nugget on June 30th, 2009.
Duration : 0:8:4
Max Keiser talks to Stacy Herbert about China’s gold reverves and the dollar being dumped
recorded on April 25th 2009
China admits to building up stockpile of gold
http://www.financialpost.com/news-sectors/story.html?id=1530063
China has admitted what many gold bugs have long speculated: it’s been stockpiling gold since 2003.
SHANGHAI/BEIJING - China revealed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes - or a pot worth about US$30.9-billion - and confirming years of speculation it had been buying.
Hu Xiaolian, head of the State Administration of Foreign Exchange, told Xinhua news agency in an interview that the country’s reserves had risen by 454 tonnes from 600 tonnes since 2003, when China last adjusted its state gold reserves figure.
The confirmation of its surreptitious stockpiling is likely to fuel market talk about Beijing’s ability to buy secretly and its ambitions for spending its nearly US$2-trillion pile of savings. And not just in gold: copper and other metals markets are booming thanks to China’s barely-visible hand.
Speculation has gathered speed over the last year, since the tumbling dollar has threatened to weaken China’s buying power - and give it yet more reason to diversify into gold, oil and metals.
Gold prices jumped on the news of Chinese buying and were up more than 1% on the day at US$912.05 an ounce at 0715 GMT. By a Reuters calculation, China’s holding of gold would be worth around US$30.9-billion at current prices.
That accounts for only about 1.6% of China’s total foreign exchange holdings and is little more than one-tenth of the value of the U.S. gold reserve, the world’s biggest. It also means gold has slipped as a share of China’s total reserves from about 2%, based on end-2003 prices.
Only six countries hold more than 1,000 tonnes, and China is ranked fifth, having leap-frogged Switzerland, Japan and the Netherlands with its announcement.
However, the International Monetary Fund and the SPDR Gold Trust exchange traded fund are even bigger, leaving China with the world’s seventh-biggest pot of gold.
Several gold market participants said they thought China had bought on the international market, helping to absorb hundreds of tonnes sold off by central banks and the International Monetary Fund in recent years.
“China has been buying via government channels from South Africa, Russia and South America,” said Ellison Chu, director of precious metals at Standard Bank in Hong Kong.
But Hu said the increase in China’s stocks was achieved by buying on the domestic market and from domestic producers.
China is the world’s largest gold producer and does not permit exports of gold ingots, only jewellery, leaving plentiful supplies for the domestic market.
China produced 282 tonnes of gold last year, meaning the state bought around one quarter of domestic production, uming 454 tonnes increase in state purchases were spread out over the six years since China last reported a change in its holdings.
Despite the rumours, buying by the state was partially obscured by soaring demand for gold as an investment, especially after the bursting of the Shanghai stock market bubble last year.
Investment demand in China rose to 68.9 tonnes from 25.6 tonnes in 2007. But that was still less than one third of retail demand in India, where total bullion consumption topped 660 tonnes last year.
Hu said China recently reported the change in its gold holdings to the International Monetary Fund and would include the latest change in central bank reports and balance of payment statistics.
She did not say when China notified the IMF.
Although gold rose after Hu’s comments were published, the price move was not a huge one for the highly liquid market. Prices had jumped by US$13 in the space of an hour on Thursday.
Gold market participants said the news signalled likely further buying by China.
“The comments indicate that China will buy more gold as reserve to improve its foreign reserve portfolio. This is a trend,” said Yao Haiqiao, president of Longgold et Management.
Hou Huimin, vice general secretary of the China Gold ociation, said China should build its reserves to 5,000 tonnes.
“It’s not a matter of a few hundred, or 1,000 tonnes. China should hold more because of its new international status, and because of the financial crisis,” he said.
“The financial crisis means the U.S. dollar value is changing fast, and it may retreat from being the international reserve currency. If that happens, whoever holds gold will be at an advantage.”
The European Central Bank recommends its member banks hold 15% of their reserves in gold, but among Asian nations the percentage is far smaller, said Albert Cheng, World Gold Council managing director for the far east.
Duration : 0:8:18
another great source on gold and silver and other investments : HoweStreet.com or go to my channel and click to the first link to visit a webpage compiled of the best radioshows on precious metals and other investments.
Another confirmation that long term gold and silver will be your best investments.
Duration : 0:10:10