James Dines of the Dines Report. Someone I follow very closely, and a financial genious was recently interviewed by King World News. He is rarely interviews and talks about many important subjects, namely the Silver market. He called the recent correction days before it happened, and is now calling for Silver to rise again.
Listen and learn from this important interview:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/5/7_James_Dines.html
Sunday, 8 May 2011
Saturday, 7 May 2011
[OTE108] On the Edge with Kurt Cobb - Global Oil Supplies
"Max's guest for this edition of the show is Kurt Cobb who is the author of 'Prelude'. The book is about a young energy analyst who works for Energy Consulting Forum in Washington D.C. She gains some secret information that convinces her that oil supplies will be desperately short in the next few years. She meets with an energy perpetrator and tries to convince him that the oil peak is not imminent. She says that the Earth has plenty of oil resources. Then she became the target for the people who do not want the information out. Enjoy the show."
Friday, 6 May 2011
We are Now Buyers of Physical Silver
"This is the start of a great opportunity to accumulate silver. All of the key fundamental issues in the world have not gone away nor those specific to silver such as the fact that it is under-owned and short of supply in the medium-term. All of those conditions are still in place for silver."
- Ben Davies, via a King World News interview
Read the full article here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/5_Ben_Davies_-_We_Are_Now_Buyers_of_Physical_Silver.html
- Ben Davies, via a King World News interview
Read the full article here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/5_Ben_Davies_-_We_Are_Now_Buyers_of_Physical_Silver.html
Silver Trading within our Range
As mentioned previously, a the opportunity to repurchase your silver (or buy more) is in the 33-38 Dollar range, we are now in the lower half of that range. This is a great opportunity to accumulate, as we all know the bull market is far from over. The snap back will be fierce.
Thursday, 5 May 2011
If Silver goes Down, I Hope I'm Smart Enough to Buy More
"I hope we have a pull-back, I hope it goes down for a while, it’ll be good for the market," Rogers said. "In 1987 stocks went down 30 to 40 percent, smart people went in a bought more. If it goes down I hope I’m smart enough to buy move silver."
- Jim Rogers
Read the full article here:
http://www.cnbc.com/id/42909575
- Jim Rogers
Read the full article here:
http://www.cnbc.com/id/42909575
- by Jim Rogers
Keiser Report: Bin Laden Bounce
"This week Max Keiser and co-host, Stacy Herbert, report on talking up Greek debt fears, the short-lived Bin Laden bounce and buying gold if your government is trying to kill you. In the second half of the show, Max talks to Dr. Kiriakos Tobras about his lawsuit against investment banks and derivatives dealers for their crimes against Greece."
Richard Russell - China & Russia Want More Gold Than the US
"I believe that China is out to have more gold than the US, and that Russia wants the same thing. China wants to show the world that it's renminbi has greater gold backing than the US dollar. Note on the list above that the European nations have the largest gold backing for their currencies while China and Russia's gold backing is embarrassingly minuscule."
Read the full interview here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/5_Richard_Russell_-_China_%26_Russia_Want_More_Gold_Than_the_US.html
- Richard Russell via a King World News Interview
Read the full interview here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/5_Richard_Russell_-_China_%26_Russia_Want_More_Gold_Than_the_US.html
- Richard Russell via a King World News Interview
Wednesday, 4 May 2011
Mexican central bank buys 100 tonnes of gold
Mexican central bank buys 100 tonnes of gold
By Jack Farchy in London
Published: May 4 2011 11:35 | Last updated: May 4 2011 20:37
Mexico has quietly purchased nearly 100 tonnes of gold bullion, as central banks embark on their biggest bullion buying spree in 40 years.
The purchase, reported in monthly data published by Mexico’s central bank, is the latest in a series of large gold buys by emerging market economies intent on diversifying reserves away from the faltering US dollar.
China, Russia and India have acquired large amounts of gold in recent years, while Thailand, Sri Lanka and Bolivia have made smaller purchases.
Central banks became net buyers of gold last year after two decades of heavy selling – a reversal that has helped propel the price of bullion to a series of record highs. On Wednesday gold was trading at about $1,510 a troy ounce, down 4 per cent from a nominal record high of $1,575.79 reached on Monday.
As a result of Mexico’s purchase, central banks, sovereign wealth funds and other so-called “official sector” buyers are on track to record their largest collective purchase of gold since the collapse of the Bretton Woods system, which pegged the value of the dollar to gold, in 1971.
More…
- JSMineSet
By Jack Farchy in London
Published: May 4 2011 11:35 | Last updated: May 4 2011 20:37
Mexico has quietly purchased nearly 100 tonnes of gold bullion, as central banks embark on their biggest bullion buying spree in 40 years.
The purchase, reported in monthly data published by Mexico’s central bank, is the latest in a series of large gold buys by emerging market economies intent on diversifying reserves away from the faltering US dollar.
China, Russia and India have acquired large amounts of gold in recent years, while Thailand, Sri Lanka and Bolivia have made smaller purchases.
Central banks became net buyers of gold last year after two decades of heavy selling – a reversal that has helped propel the price of bullion to a series of record highs. On Wednesday gold was trading at about $1,510 a troy ounce, down 4 per cent from a nominal record high of $1,575.79 reached on Monday.
As a result of Mexico’s purchase, central banks, sovereign wealth funds and other so-called “official sector” buyers are on track to record their largest collective purchase of gold since the collapse of the Bretton Woods system, which pegged the value of the dollar to gold, in 1971.
More…
- JSMineSet
'USD sinking like OBL to ocean bottom'
"Watch the full Episode 144 of the Keiser Report on Thursday. This week Max Keiser and co-host, Stacy Herbert, report on talking up Greek debt fears, the short-lived Bin Laden bounce and buying gold if your government is trying to kill you. In the second half of the show, Max talks to Dr. Kiriakos Tobras about his lawsuit against investment banks and derivatives dealers for their crimes against Greece."
CME Hikes Silver Margins By 17%: 4th Hike In 8 Trading Days
"Nobody could have foreseen this. Nobody. At this point there is nothing left to comment on what is a concerted action to "mitigate" any and all risk in the commodity market but could as well be classified as executive order 6102.5. While we were joking before that soon one will have to post more cash than an silver contract is worth, we are now forced to reevaluate this sarcasm."
Read more at Zero Hedge, Here:
http://www.zerohedge.com/article/cme-hikes-silver-margins-17-4th-hike-8-trading-days
Read more at Zero Hedge, Here:
http://www.zerohedge.com/article/cme-hikes-silver-margins-17-4th-hike-8-trading-days
Eric Sprott - “Sprott Has More Physical Silver Now Than Ever!”
"I can tell you we have the highest position in physical ownership that we’ve ever had, and we have not lost one ounce of our encouragement for the outlook for the silver price."
"We’ve been committed to silver and the fundamentals for silver and people’s interest in silver, so it would be massively incorrect to suggest we think silver has hit a high. We don’t think that at all, I’ve suggested it (silver) should trade at a ratio of one to sixteen to gold. Gold I am sure will be $1,600 not too long from now, and by implication that would suggest it (silver) could trade up to $100 and I’m not shying away from that."
Read more here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/3_Eric_Sprott_-_Sprott_Has_More_Physical_Silver_Now_Than_Ever!.html
- Eric Sprott via a King World News Interview
"We’ve been committed to silver and the fundamentals for silver and people’s interest in silver, so it would be massively incorrect to suggest we think silver has hit a high. We don’t think that at all, I’ve suggested it (silver) should trade at a ratio of one to sixteen to gold. Gold I am sure will be $1,600 not too long from now, and by implication that would suggest it (silver) could trade up to $100 and I’m not shying away from that."
Read more here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/3_Eric_Sprott_-_Sprott_Has_More_Physical_Silver_Now_Than_Ever!.html
- Eric Sprott via a King World News Interview
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