Mike Maloney on the Keiser Report with Max Keiser 03 Sept 2011 : I said before that Ben Bernanke is dumber than Gold , Gold automatically balances interest rates it balances currency inflows and outflows trading balances this is something that did not take a group of men trying to figure these things out , what we have got is a monetary system that is a Ponzi scheme it steals wealth from the middle class and transfers that wealth to the government and the banking sector these people got to ride for free because what they are doing by printing more currency and diluting the currency supply all the time and this is what zero interest rate will do it will expand the currency supply when they do this it dilutes the currency supply and causes the purchasing power to go down , people call it inflation , it is actually the dollar losing purchasing power , so basically he is on path of destroying the dollar ...
Saturday, September 3, 2011
Bob Chapman : we can have a war with Iran at any moment
Bob Chapman - The Free American Hour - 02 Sept 2011
Bob Chapman : Aztlan was financed starting in the late 1950s by the Ford and Rockerfeller foundations they are basically communist movements , the federal government obviously wants cheap labor in the United States ....
Gerald Celente : Gold is the Ultimate Golden safe heaven
Gerald Celente : I begun trading Gold in 1978 , my first buy was at 187 dollars and fifty cents an ounce , and what's different now and then that people do not understand and why they think it is a bubble and it is not is back then it was only the United States that was really playing the gold market you had guys like The Hunt Brothers that had cornered the silver market for example it is a whole different world now , back then there was the red Chinese nobody was doing business with them and Russia and Eastern Europe were locked behind the Soviet Union's iron curtain , there is a whole global game going on it is a global meltdown and Gold is the ultimate golden safe heaven that's gold is going so high it is because everyone knows that the only way that the Europeans or the Americans can get their way out of this mess they are actually not going to get out of it but to keep the Ponzi scheme going is by printing more money but they put those white shoe boyz labels on it such as 'QE2' and 'QE3' it means just printing more money and by the way : interest rates the FED have said that they are going to keep them down near zero until mid 2013 and the European Central Bank ECB is talking about lowering them and so the lower the interest rates go and they stay low the higher the price of gold goes it is simple arithmetic ...
Bob Chapman & Alex Jones - 02 Sept 2011
Bob Chapman : next will be a great week for gold , I think we might take a crack at $2000 next week , $2000, $2200 during September October will be fine I am looking for the end of February for $3000 / $3200 and silver probably $60/$70 somewhere in there JP Morgan Chase and HSBC are going to get stack deeply which makes me feel very good , and I am seeing a lot of short covering in gold and silver shares
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