Bob Chapman Gold $8000 , up up and away

Bob Chapman : well you heard the song up up and away . that's just the way it is going to be , one of the psychological aspects of this and these people are very good at this , JP Morgan Chase came up a couple of days ago and said Gold is going to $2500 by the end of the year , here there are with the largest short position , naked short position in silver and silver usually runs with Gold , what are they up to ? , what they are up to is this : they are trying to set up a barrier at $2500 because they think on the short term before the end of the year it could go higher than that , they are trying to set a psychological new ceiling , it is just common sense and understanding the criminal mind , if you want to find out what they are doing you have to think like a criminal ...that's what they are trying to do here , they are not frightened about gold they know it is going to $8000 , they are just as smart as we are , but they want it to go as slowly and incrementally as possible


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)

Hugo Chavez makes gold go parabolic

Chavez Gold Action Leads to Backwardation, Short Squeeze and Havoc Concerns . Venezuela's President wants all the country's gold being held in European and American banks returned to Caracas. It would be the largest physical movement of gold in recent history. Hugo Chavez said he's trying to protect his country from the financial woes on both sides of the Atlantic. Chavez is brilliant, one of the only true leaders of the age. He puts these massive immoral countries to shame. He empowers his people and takes control of his resources while these other monsters that bad mouth him oppress their people and sell their resources for pennies to their friends..Chavez should make sure that every single gold bar be tested when it returns to Venezuela.Make sure these scam artists dont gold plate a load of tungsten bars to give back to him.Pretty bad when a small country puts its larger competitors to shame by following the rules of just governance.

President Hugo Chavez said his government plans to "bring home" 211 tons of gold currently stored in international banks. Up to USD 6.3 billion in liquid reserves will also be transferred to banks in Brazil, China, and Russia. The transfers are expected to take more than two months. Chavez has also announced that he may invoke the Enabling Act which will grant him powers to pass a law next week to nationalize the country's gold industry. Some critics say this move may lead to possible international sanctions after next year's elections. According to Venezuela's Ministry of Finance and Central Bank, two-thirds of its total reserves (USD 18 billion) are in 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)

Marc Faber : I do not see a huge downside risk in Gold

Marc Faber : I think that Gold have had a bit of a run-up here that is above the trend line and that a correction can occur but I do not see a huge downside risk in Gold because if you think it through and people are concerned about cash they are concerned about sovereign debt they are concerned about everything and the stock market has given a very powerful sell signal , I think as soon as gold price drops say a 100 - 150 dollars there will be a lot of physical buying ...




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 : JP Morgan trying to set a psychological new ceiling for Gold at $2500/oz

Bob Chapman : well you heard the song up up and away . that's just the way it is going to be , one of the psychological aspects of this and these people are very good at this , JP Morgan Chase came up a couple of days ago and said Gold is going to $2500 by the end of the year , here there are with the largest short position , naked short position in silver and silver usually runs with Gold , what are they up to ? , what they are up to is this : they are trying to set up a barrier at $2500 because they think on the short term before the end of the year it could go higher than that , they are trying to set a psychological new ceiling , it is just common sense and understanding the criminal mind , if you want to find out what they are doing you have to think like a criminal ...that's what they are trying to do here , they are not frightened about gold they know it is going to $8000 , they are just as smart as we are , but they want it to go as slowly and incrementally as possible


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 Rush 2.0

(19Aug11) People rushing into gold to protect their money World investors rush to buy gold; prices continue to soar .Fueled by concerns over the security of bonds, investors all over the world are flocking to gold. Retailers are also benefiting from increasing demand for the yellow metal, and soaring prices. But analysts have a word of warning - what goes up, must eventually go down. Gold prices have rebounded and continue to soar on the international market. Experts attribute the recent gold rush to investors' weak confidence in European bonds, on the heels of the region's lackluster economic performance.Continuously soaring gold prices are due to investor worries. Concerns were revived by the recently-released European economic results, which were unsatisfactory


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 - Rick Perry mission is to neutralize Ron Paul

Bob Chapman - The Alex Jones Show - 19 Aug 2011

Bob Chapman : The reports about Rick Perry are absolutely true , his mission is to neutralize Ron Paul , and take him out of contention , that's what this is all about I do not think that they want him for president , Who they want for president ? I do not know , may be they do not know at this point , may be they have a number of people , we just do not know ....

we do not know if there is any Gold in Fort Knox

Bob Chapman - Radio Liberty 3rd Hour - 15 Aug 2011

Bob Chapman : The stimulus 1 and 2 and he TARP were not really to help the average person they were to help the banks or the financial structure , we do not know where any gold is , we do not know if there is any Gold in Fort Knox and West Point and if it is there has it been tested , because what happened three years ago the Chinese bought some gold in London got delivery and tested it and found that it was Tungsten , so the question that arises is there any gold in Fort Knox and if it is really gold and who does it belong to ?