Bob Chapman - GONOB RADIO - 5TH SEPT 2011

Bob Chapman : The FED is going to continue to purchase the treasuries about 80 percent of the issuance that runs around 900 billion a year that they'll make up out of thin air

Gold up 25% in the last 3 months alone

Gold back above 1,900 dollars again , Gold price creates new intraday record on Asian trading this morning .Gold together with silver is a currency a monetary metal , who cares really if the jewellery demand is shrinking as long as the demand for Gold bullion is exploding worldwide and people are starting to wake up to the fact that the only real money out there is Gold and Silver . "Gold is continually showing that it wants to go higher when the markets are going lower, and that seems to be the key change that's happened during the summer," says Ned Naylor-Leyland, investment director at Cheviot,

Gold Falls From Record Price as Swiss Central Bank Imposes Franc Ceiling

Gold fell from a record in London as some investors sold metal to cover losses in the Swiss franc after the country’s central bank imposed a ceiling to the exchange rate. The Swiss franc tumbled after the bank set a minimum exchange rate of 1.20 per euro and said it will defend the target with the “utmost determination” if needed. Ministers from Germany, Finland and the Netherlands will meet today to discuss a Finnish demand for collateral in a bailout for Greece, while the Italian Senate will debate an austerity plan amid a strike. Read Article @ Bloomberg >>>>>>