saveyourassetsfirst3 |
- A Stock Investor's Silver Lining Will Eventually Come To The Rescue
- Producers For Growth, Juniors For Speculation
- Spanish Bank Bailout Sets Up $2,000 Gold & $60 Silver This Fall
- Byron King: Companies Must Pay Dividends to Make Top-10 Gold List
- EU Leaders Hail Sticking Plaster ‘Rescue’ As Victory
- Visualizing China's Voracious Appetite For Gold
- One Billion Silver Ounces and 100 Billion Owners
- Where Silver Trumps Central Planning
- Taking a Slowing Economy Boat to China
- Gold Falls Back as it ‘Tracks Dollar,’ Italy ‘Under Scrutiny’
- Silver Price Forecast: Silver Could Preserve More Value Than Gold
- US money supply data hints at trouble ahead
- China's gold-investment demand to grow more than 10% – ICBC
- Got Gold Report for June 10, 2010
- Gold prevents people who run fiat currencies from doing anything too stupid – King
- Reserves in ground make gold stocks incredibly cheap – Coxe
- One on One with Paul Craig Roberts
- Greyerz – Worldwide Package Coming From Fed, ECB & IMF
- Trading Bullion by Timing the Fed
- Only buy from trustworthy bullion dealers
- Gold data hints at possible market upswing
- WATCH: Paul Craig Roberts on Coming Collapse
- Ten-Point Model for Picking Mining Winners: Dr. Michael Berry
- Naylor-Leyland: Allocated Silver Exchange to Disturb
- BrotherJohnF: Ron Paul 6.10.12
- The Cement Gold Mine of Mammoth Mountain
| A Stock Investor's Silver Lining Will Eventually Come To The Rescue Posted: 11 Jun 2012 05:25 AM PDT By Marc Courtenay:
If you missed last week's mini-bull market in stocks like Westport Innovations (WPRT), don't despair. Thanks to the decision by the Chinese central bank to lower interest rates last week, and now a massive bailout coming for Spain's banks, you'd think this week would begin with a big rally. Though the precise amount of the lending program for Spain will be fine-tuned as the week rolls on, it's clearly not enough to replace the drama on whether Greece will pull out of the European Union. As a Reuter's interview stated on Sunday, "This is a major step in avoiding a contagion," said Tim Speiss, partner-in-charge of EisnerAmper's Personal Wealth Advisors Group in New York. "The amount is pretty high, Complete Story » | |
| Producers For Growth, Juniors For Speculation Posted: 11 Jun 2012 05:11 AM PDT In the early days of this bull market many prominent analysts and leaders from the bullish camp noted that the juniors would be the way to best leverage the bull market. The thinking was that juniors were a call option on Gold and senior producers because of their lack of exploration in the previous decade would need to acquire the juniors to replaces reserves and grow production. From 2002 to 2007 the juniors performed quite well. Yet, five years and two cyclical bear markets later, the juniors have lost their luster while Gold has nearly tripled in the same period. In this missive we look at some charts to decipher time to buy juniors and when they should be avoided. In the first chart we plot the HUI and the CDNX (Canadian Venture Exchange) against the HUI. The CDNX is a proxy for juniors. It is comprised mostly of Gold-related Complete Story » | |
| Spanish Bank Bailout Sets Up $2,000 Gold & $60 Silver This Fall Posted: 11 Jun 2012 02:04 AM PDT Money printing on this scale has only ever been good for precious metal prices by historical precedent. The bank bailouts are an example of money creation at the source with banks able to lend more against this new capital injection and sterilizing bad debts. | |
| Byron King: Companies Must Pay Dividends to Make Top-10 Gold List Posted: 11 Jun 2012 01:12 AM PDT | |
| EU Leaders Hail Sticking Plaster ‘Rescue’ As Victory Posted: 11 Jun 2012 01:04 AM PDT gold.ie | |
| Visualizing China's Voracious Appetite For Gold Posted: 11 Jun 2012 12:59 AM PDT
from zerohedge.com: Last week ZH reported on China's seemingly insatiable apetite for physical gold, following record imports from Hong Kong (erroneously noted by various blogs as not covered by the mainstream media – we first got the data from Bloomberg, hardly a fringe source of information). As noted: "Gold imports by mainland China from Hong Kong climbed 65 percent to a record in April, advancing for a third straight month as investors sought a hedge against financial-market turmoil and an economic slowdown. Shipments totaled 103,644.5 kilograms (103.6 metric tons) in the month from 62,913 kilograms in March, according to export data from the Census and Statistics Department of the Hong Kong government today. In the first four months, imports were 239,174 kilograms from 27,114 kilograms a year earlier, according to Bloomberg calculations. China doesn't publish such figures." And the punchline of course was "We can't rule out the possibility that the central bank is buying gold," said Wang at Agricultural Bank of China, referring to the People's Bank of China." So far so good. However, one thing we did not have was a visual presentation of China's relentless gold hoarding. We now do courtesy of Eric Sprott. Keep on reading @ zerohedge.com | |
| One Billion Silver Ounces and 100 Billion Owners Posted: 11 Jun 2012 12:49 AM PDT
from silverseek.com: When considering whether silver is a good investment for the future, you might want to take a closer look at the current above ground supply of silver. A reasonable estimate is that roughly 1 billion ounces of silver currently exists above ground in investment grade form. This does not include the ounces of silver that need to assayed, melted, and recovered from what little silver is left in jewelry, silverware or sequestered away in electronics. But at least it's something. Silver Derivatives and JP Morgan Chase's Recent $2 Billion Loss A classic example of the risks involved in derivative products that have no readily visible asset underlying them, such as synthetic credit and debt instruments, is the recent $2 billion loss announced by J.P. Morgan Chase. When it comes to silver paper derivatives like futures and options, at least a real and visibly traded physical commodity underlies and determines the value of the paper trading vehicles. Keep on reading @ silverseek.com | |
| Where Silver Trumps Central Planning Posted: 11 Jun 2012 12:47 AM PDT
from silverseek.com: The current worldwide political landscape is full of examples where the politics and economy connect. In fact, economic policy is largely driven by politics in most countries around the globe. The European Union Replaces Democratic Leaders With Technocrats In the European Union, technocratic leaders are gradually replacing those who have been democratically elected. This sets up a "Which came first, the chicken or the egg?" situation in terms of EU monetary union versus a considerably more challenging objective of an integrated European cultural union. One step toward a more unified Europe would be the imposition of centralized monetary policy on the currently economic union of culturally diverse nation states. Once again, altering nature proves challenging, if not futile. Keep on reading @ silverseek.com | |
| Taking a Slowing Economy Boat to China Posted: 11 Jun 2012 12:03 AM PDT Spot metals dealings in New York this morning opened on the plus side for all components in the complex but gold. The yellow metal was quoted at $1,591 down about $3 while silver climbed 15 cents to $28.68 the ounce. | |
| Gold Falls Back as it ‘Tracks Dollar,’ Italy ‘Under Scrutiny’ Posted: 10 Jun 2012 11:56 PM PDT Spot market gold prices dropped back below $1,600 an ounce Monday morning in London, having briefly risen above that level in Asian trading, as stocks and the euro also began the week strongly and US Treasuries fell following news that Spain is to receive a bailout. | |
| Silver Price Forecast: Silver Could Preserve More Value Than Gold Posted: 10 Jun 2012 10:49 PM PDT Silver Offers A Golden Opportunity To Convert Soon To Be Destroyed Value By Hubert Moolman 11 June 2012 The fundamentals for silver and gold are very strong, and with all the massive bailouts, which are increasing debt levels, they are just getting stronger. Until a significant portion of these debts is repaid or defaulted on, [...]  This posting includes an audio/video/photo media file: Download Now | |
| US money supply data hints at trouble ahead Posted: 10 Jun 2012 10:05 PM PDT
from goldmoney.com: Confirmation over the weekend that the Spanish government will receive €100 billion from eurozone rescue funds to help shore up Spain's fragile banking system has lifted stocks and commodities this morning. Spain's benchmark IBEX-35 index surged 4.5%, with strong gains seen on British, French and German exchanges. However, though the euro bounced early in trading it has started sinking again, though it remains above last week's low of $1.241. Gold and silver have also been lifted following the Spanish news, with some traders looking to lighten up on their US dollar/Treasury positions. Gold broke back above $1,600 briefly during Asian trading – suitably so given the strength of sovereign demand there at the moment – but has fallen back from this resistance point over the last few hours. Silver had an even stronger rally – up nearly 2% to $29 in a matter of minutes – but is now back around that familiar "magnet" at $28.50. Keep on reading @ goldmoney.com | |
| China's gold-investment demand to grow more than 10% – ICBC Posted: 10 Jun 2012 09:26 PM PDT
from mineweb.com: Gold-investment demand in China may gain more than 10 percent this year as buyers seek a haven from Europe's debt crisis and the prospect of weakening currencies, according to the country's largest bullion bank. "Investors here want to hold part of their assets in gold to hedge for the risks, especially now that the financial crisis has evolved into a sovereign crisis," Zheng Zhiguang, general manager of the precious-metals department at Industrial and Commercial Bank of China Ltd., said in an interview in Shanghai. China will topple India this year as the largest bullion market as rising incomes bolster demand, the World Gold Council forecasts. Gold may gain for a 12th year in 2012 as European policy makers strive to avoid a breakup of the euro zone and the U.S. Federal Reserve weighs more stimulus to aid the recovery. Investors in China, facing lackluster equity markets and property curbs, are looking more to the metal, Zheng said June 6. Keep on reading @ mineweb.com | |
| Got Gold Report for June 10, 2010 Posted: 10 Jun 2012 09:24 PM PDT
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| Gold prevents people who run fiat currencies from doing anything too stupid – King Posted: 10 Jun 2012 09:24 PM PDT
from mineweb.com: The Gold Report: Among the 14 investments in your Outstanding Investments portfolio of precious metals companies and funds, there are 10 companies and 4 funds. All 10 companies have market caps above $1 billion. How did you select them? Byron King: Let me answer the question by referring to something that Chuck Noll said when he coached the Pittsburgh Steelers in the 1970s. Every year, during the National Football League draft, people would ask him what position he was going to draft for. Noll's answer was that he didn't draft for position; he looked for the best all-around player. I do the same for the Outstanding Investments list. I don't pick a particular type of play or method of operations. I look for the best particular company in any given month when I'm making a recommendation. I want a company with long-term potential and portfolio staying power. Keep on reading @ mineweb.com | |
| Reserves in ground make gold stocks incredibly cheap – Coxe Posted: 10 Jun 2012 09:06 PM PDT
from mineweb.com: In recent conference call to clients, BMO Global Strategist Don Coxe advised, "One way or another I think gold is going to be more important from now on than it is today, and I'd like to see you people share in that." Keep on reading @ mineweb.com | |
| One on One with Paul Craig Roberts Posted: 10 Jun 2012 08:55 PM PDT
from usawatchdog.com: There has been plenty of calamitous news surrounding the European debt crisis. Greece is insolvent. Spain just got a big bank bailout, and Ireland wants a new bailout deal. No matter how bad it looks in the EU, Paul Craig Roberts says the problems in Europe are "nowhere near as big as the ones here." The U.S. is printing massive amounts of money to paper over the mess, but it won't work. Roberts says a collapse of the U.S. dollar could happen at any moment. It could be triggered by any number of things such as war or a derivatives meltdown. When a former Assistant Treasury Secretary (under the Reagan Administration) and a PhD in economics sounds the alarm bell, people should take cover. Dr. Roberts says, "The cliff dive we are experiencing in housing isn't over," and precious metals prices are "being suppressed." Roberts says, "Gold prices should be rising. Why? Because the debt is rising." What is the reason why Dr. Roberts thinks the suppression game has gotten so intense? Dr. Roberts says, "The fact that they are driving the price down suggests to me the situation is getting more desperate." Greg Hunter interviews Paul Craig Roberts one on one about these subjects and more. Keep on reading @ usawatchdog.com | |
| Greyerz – Worldwide Package Coming From Fed, ECB & IMF Posted: 10 Jun 2012 08:51 PM PDT
from kingworldnews.com: On the heels of Spain asking for $125 billion to bail out their collapsing banking system, today Egon von Greyerz told King World News, "There will be a massive worldwide package coming out between the Fed, the ECB, the IMF and other central banks." Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. Von Greyerz also said the money printing is "imminent." Here is what Greyerz had to say about the unfolding crisis: "As I see things, we are on the road to perdition. Eric, there is no exit strategy for the world (to get) out of these problems. There is no solution. If you look at what happened in 2008, people thought that was bad, but what's going to happen, starting this year and in the next few years, will make 2008 look like a small rehearsal because the real collapse is going to start now." Keep on reading @ kingworldnews.com | |
| Trading Bullion by Timing the Fed Posted: 10 Jun 2012 08:12 PM PDT Gold's recent sell-off seems to be a continuing pattern of major price movements and directional changes after a significant policy event or any announcement by the Federal Reserve. | |
| Only buy from trustworthy bullion dealers Posted: 10 Jun 2012 07:35 PM PDT | |
| Gold data hints at possible market upswing Posted: 10 Jun 2012 07:28 PM PDT GoldMoney | |
| WATCH: Paul Craig Roberts on Coming Collapse Posted: 10 Jun 2012 07:16 PM PDT Paul Craig Roberts talks with Greg Hunter. No matter how bad it looks in the EU, Paul Craig Roberts says the problems in Europe are "nowhere near as big as the ones here." from usawatchdog: Greece is insolvent. Spain just got a big bank bailout, and Ireland wants a new bailout deal. There has been plenty of calamitous news surrounding the European debt crisis. ~TVR | |
| Ten-Point Model for Picking Mining Winners: Dr. Michael Berry Posted: 10 Jun 2012 07:00 PM PDT If this is a bottom, Dr. Michael Berry sees it as the ideal time to pick up bargains in the mining sector. In this exclusive interview with The Gold Report, the Federal Reserve Board expert gives his... Visit the aureport.com for more information and for a free newsletter | |
| Naylor-Leyland: Allocated Silver Exchange to Disturb Posted: 10 Jun 2012 06:59 PM PDT The Doc spoke with Cheviot Asset Management's Ned Naylor-Leyland Sunday regarding the Euro-zone crisis and the 100 billion Spanish banking system bailout announced over the weekend, extreme supply constraints in the physical bullion markets, the new allocated silver exchange launching in China this summer, and gold rehypothecation concerns. from silverdoctors: Ned states that the new Asian silver exchange he is working alongside Andrew Maguire to launch (which has been kept tightly under wraps up to this point to prevent western banking interests from derailing the launch as happened with the PAGE) will trade 1:1 fully allocated silver contracts, and will suck physical metal out of the LBMA system. Ned also discusses the Spanish bank bailout which he describes as the European financial community merely admitting we have contagion, as well as shocking information regarding the actual owner of the 'GLD' gold bar held up by Bob Pisani infamously, which Leyland states has been confirmed to be owned by ANOTHER ETF! ~TVR | |
| BrotherJohnF: Ron Paul 6.10.12 Posted: 10 Jun 2012 06:52 PM PDT | |
| The Cement Gold Mine of Mammoth Mountain Posted: 10 Jun 2012 05:00 PM PDT LegendsofUSA |
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