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Wednesday, April 20, 2011

Silver and rare earth are going to be in tremendous demand : Stephen Leeb

Stephen Leeb on Goldseek Radio 20 Apr 2011

...what I am more concerned about to be honest with you is what going on with Silver market and rare earth market says Stephen Leeb these markets are up more than 30 percent since the Japanese Earthquake and the nuclear accident , I do not think it is coincidental I really think it is recognition that silver and rare earth are going to be in tremendous demand because they are central to renewable energy , and if the nuclear is going to take a back seat even in China where they will still go forward pretty aggressively with nuclear they're really got to be more conscious of the risks that means a lot more solar a lot more wind a lot more rare earth a lot more silver , I would not be surprise that the Chinese are behind the Silver market move Stephen Leeb added ...or a major part of it , if that's the case I would guess the silver will go much more higher ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold above $1500 an ounce and rising !!!

Gold above the USD 1,500 an ounce mark for the first time in history . James Steel chief commodity analyst at HSBC gives his insight


James Steel believes that it is pretty much on the investment side where the demand is booming : It’s very much on the investment side. When I first started looking at the gold market, the bulk of consumption was in the jewellery market. So it went physically towards someone owning gold for adoration around the neck or finger etc. The theme in the last several years, particularly, since the crisis began to hit what started out as a subprime mortgage crisis in the middle of 2007, the shift has been very much towards investment and less towards jewellery.The percentages of gold consumption for jewellery have dropped while investment has risen. That’s because the price has risen and that has pushed some people out of the jewellery market followed by the fact that a decline in luxury goods, consumption when you get an economic crisis followed by the increased portfolio diversification demand for gold. We definitely have seen a shift in the buying pattern for gold.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - Discount Gold Silver Trading - 20-04-2011

Bob Chapman - Disc Gold Silver Trading - I bought silver 7 months ago and I am still buying it today says Bob Chapman The international forecaster



Bob Chapman : the government is continuing its attacks against the gold price , and sometime between now and the end of the year gold is going to $2000 says Bob Chapman ...the Eur should not be selling what it is selling this is ridiculous ,it is man made S&P are extortionists that's how they operate

Gold prices hit a new record high

Gold prices hit a new record level when the $ 1500 an ounce mark was reached for the first time in the history of the precious metal .
The rise comes after the credit rating agency Standard & Poor's for the first time reduced the long-term debt rating of the United States from stable to negative, and as the depreciation of the dollar against major currencies continues.
And comes amid growing fears about the worsening U.S. fiscal deficit, and the crisis of European sovereign debt.
One of the issues that have contributed to the rising prices of the yellow metal in recent months, are the middle east revolts erupted, which caused a large rise in prices of raw materials in general, including crude oil and grain, which led to raise fears about inflation and rising prices.





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Jim Rogers Silver will get triple digits this year

Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - National Intel Report - 04-19-2011 [Excerpts]

Bob Chapman - National Intel Report - 04-19-2011



Bo Chapman : ....everything you see in the middle east have been in the making for the last 30 years they know exactly what they gonna do because they (The elite) need that destruction and they also need that turmoil in that region of the world ..."
.."The most radical change came in Europe in 1303 when the crusaders who were running the money operations in Europe at that time they became the kings and princes of that time and the Vatican and they took over the financial system ever since then it is a nightmare after another , and everything you see today are all game that have been played before over and over again and that's why I am able to project Hey this is what these guys are going to do next because they have been doing it thirteen times ..."
Gold & Silver Forecaster Blog