14 December 2011
"*US official public debt has now passed $15 Trillion and is now roughly equal to 100% of GDP. *Greece has effectively defaulted with Italy, Portugal and Spain close on its heels leaving a euro-breakup imminent. *The markets are being prepared verbally for QE3 by the Fed governors, even while QE light and The Twist continue. " Silverdoctors
"However, gold has the desirable characteristics that we all want the means of payment to have. Primarily, it is stable in monetary value. It has other desirable characteristics as well, such as being easy to store, infinitely divisable, a chemical element, compact and of high value, and so forth. This is why we say that “gold is money,” and it is why gold has so often been the foundation for successful monetary systems for the last five hundred years." Nathan Lewis
"Easy money is the heroin of the financial world and we’re the main pusher. Generally, the pusher wins arguments with his addict clients, so expect a coordinated US/Europe quantitative easing that dwarfs even the Fed’s secret loan program of the past few years, and expect it soon. Get ready, American and European taxpayers. You’re about to become proud owners of several trillion dollars of slightly used Greek and Italian credit default swaps. Merry Christmas!" by John Rubino
13 December 2011
China has displayed a ravaging appetite for the white metal over the past several years, changing from the suit of a net exporter to a net importer, and thereby increasing its significance in the market.
Declining Chinese Exports: Will It Impact Silver?
http://www.ibtimes.com/articles/266429/20111213/declining-chinese-exports-will-it-impact-silver.htm
http://www.ibtimes.com/articles/266429/20111213/declining-chinese-exports-will-it-impact-silver.htm
"If you don't own any of the physical metals, you definitely want to start building a position now, because nobody can tell you things will not get seriously bad—chaotically bad—in the months and years ahead. Whether that happens or not, an ounce of gold will always be an ounce of gold. An ounce of silver will always be an ounce of silver. And, someone, somewhere will take that off your hands and give you something of value in exchange for it." Louis James Casey Research
'Factors that will influence silver and gold in 2012'
http://www.commodityonline.com/news/Factors-that-will-influence-silver-and-gold-in-2012-44366-3-1.html
http://www.commodityonline.com/news/Factors-that-will-influence-silver-and-gold-in-2012-44366-3-1.html
KA-CHING! George Soros Is Up $130,000,000 On Those Crummy MF Global Bonds He Just Bought
"Investors should be aware that gold and other commodities will experience extreme volatility in 2012--even more than what was witnessed in 2011. However, the timing for the next move to new highs will hang on the ECB’s deployment of its ultimate plan of massive monetization of unsterilized European debt." Michael Pento
"My big picture is that Merkel and the Germans will allow the printing of money and once that happens, just as it happened in 2008, once you get a sign, that’s blastoff time for gold. Gold and silver will shoot up like rockets. In my opinion gold will close 2012 at $2,500 or above, probably above. Gold could easily double from here in the next 12 months if you get the kind of money printing that I expect to happen in Europe." Stephen Leeb
12 December 2011
Although central bank asset purchases are unlikely to replace conventional interest rate policy in normal times, quantitative easing have proven to be useful tools during extraordinary times, the BIS concluded.
Central Banks Alone Can Address Global Liquidity Crunch: BIS
http://www.rttnews.com/ArticleView.aspx?Id=1779072
http://www.rttnews.com/ArticleView.aspx?Id=1779072
"Meanwhile, in each and every past case of currency destruction, the owners of gold and silver were not only spared the worst of the trauma, they were enriched." John Rubino
Currency Wars: “Strong Yen Is Destroying Japanese Industry”
http://dollarcollapse.com/inflation/currency-wars-%E2%80%9Cstrong-yen-is-destroying-japanese-industry%E2%80%9D/
http://dollarcollapse.com/inflation/currency-wars-%E2%80%9Cstrong-yen-is-destroying-japanese-industry%E2%80%9D/
11 December 2011
It's a good thing Central Banks can't print gold. "As central banks print money and increase supply, currencies become devalued. Whereas in the recent past, one currency may be reduced in value compared with other currencies, this time there is global competitive devaluation as excess liquidity is put into the system" Frank Holmes
The only weapon the world bankers have is the US Federal Reserve printing presses. The modern day financial world is governed by its electronic money supply, the money supply is controlled by the bankers, and it may surprise you that a few banking elite control and influence the world banking community. The powerful bankers are: Bank of England, Bank of New York, Deutsche Bundesbank, Goldman Sachs, JPM, Rothschild's and Rockerfellas. It is this elite banking community that does not want to lose, and if a loss is to eventuate then they wish the worlds taxpayer's to cover it on the basis that they are to big to fail. Of course that has been done very successfully.
10 December 2011
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