Gold Silver and more

The real value of gold - $52,831 an ounce?

2010-07-22T17:41:00.000-07:00

In terms of US dollar circulation and US gold holdings, to make the dollar convertible into gold would mean a gold price in excess of $50,000 an ounce.
Author: Lawrence Williams
Posted: Thursday , 22 Jul 2010

LONDON -

In a rather convoluted article on the real value of gold GATA's Adrian Douglas, writing in www.marketforceanalysis.com has calculated that in terms of U.S. dollar convertibility, the real price of gold now stands at $52,381 an ounce!

In producing this figure Douglas goes back to President Nixon's ‘temporary' removal of the convertibility of the dollar for gold in 1971, when the U.S. money supply was valued at $35 an ounce, to the current money supply/price situation.

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=108331&sn=Detail

Top Chinese Economists Call For Government To Ditch U.S. Treasuries And Buy Gold

2010-07-20T18:57:00.000-07:00

A former advisor to the Chinese central bank, and influential economist, has called for his nation to diversify away from U.S. treasury holdings.

This comes after China cut its U.S. treasury holdings by $32.5 billion in May:

Reuters:

"Although assets in other currencies and forms are not an ideal replacement for U.S. Treasury bonds, diversification should be a basic principle," Yu wrote in the China Securities Journal.

Harry Schultz on the Power Elite, Free Markets, the Internet and Why Gold Is Going Much Higher

2010-07-18T16:10:00.000-07:00

Daily Bell: Where is gold going? Silver?
Harry Schultz: Much higher. Sky is the limit for gold. Governments are losing control of gold. They cheat, steal, lie, maneuver ... but gold will beat them and is already doing so, in stages.

http://www.thedailybell.com/1204/Harry-Schultz-on-the-Power-Elite-Free-Markets-the-Internet-and-Why-Gold-Is-Going-Much-Higher.html

Central banks start to abandon the U.S. dollar

2010-07-16T18:27:00.000-07:00

There's mounting evidence that central bankers have little faith in the greenback these days. Can we blame them?

by Heidi N. Moore, contributor

There are those who would argue that the financial crisis was caused by over-enthusiastic worship of the Almighty Dollar. Call it brutal financial karma, but that church is looking pretty empty these days.

http://wallstreet.blogs.fortune.cnn.com/2010/07/09/central-banks-start-to-abandon-the-u-s-dollar/

Marc Faber: U.S. Bonds Worthless

2010-07-12T19:25:00.000-07:00

Federal Budget Deficit Hits $1 Trillion For 1st 9 Months Of FY'10

2010-07-09T17:14:00.000-07:00

WASHINGTON -(Dow Jones)- The federal budget deficit for the first nine months of the 2010 fiscal year was just over $1 trillion, the Congressional Budget Office reported Wednesday.

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201007081044dowjonesdjonline000513&title=federal-budget-deficit-hits-1-trillion-for-1st-9-months-of-fy10#ixzz0tEZDVyty

Sell Bonds, Buy Precious Metals, Rice on Supply Shortages, Jim Rogers SaysSell Bonds, Buy Precious Metals, Rice on Supply Shortages, Jim Rogers Says

2010-07-07T14:50:00.000-07:00

Investors should sell bonds and buy commodities like silver and rice as a “refuge” as the world economy may continue having problems, Jim Rogers, chairman of Rogers Holdings said.

“Bonds are not a good place to invest in,” Rogers said at a conference in Kuala Lumpur today. “You should own commodities because that’s your only refuge” whether it’s silver or rice, said Rogers, who predicted the start of the global commodities rally in 1999.

http://www.bloomberg.com/news/2010-07-07/sell-bonds-buy-precious-metals-rice-on-supply-shortages-jim-rogers-says.html

Shell-Shocked Americans Still Aren't Buying Anything

2010-07-03T16:00:00.000-07:00

Despite a small rebound from crisis-lows, this long-term chart from Deutsche Bank keeps the rebound in perspective.

Americans' discretionary spending remains at the lowest level in at least 60 years, as a percentage of GDP. This is despite strong sales of iPads and iPhone 4's, which makes Apple's (AAPL) continued success with new product launches even more commendable.

http://www.businessinsider.com/shell-shocked-americans-still-arent-buying-anything-2010-7#ixzz0sfB9GD3D

Massive Drain Of COMEX Silver Inventories Continues

2010-07-02T14:28:00.000-07:00

On June 16^th, the COMEX reported total silver inventories of 119.5 million ounces. Ten trading days later, on June 30, total inventories had fallen to 113.56 million ounces, a 5.94 million ounce (4.97%) decline.

http://news.coinupdate.com/massive-drain-of-comex-silver-inventories-continues-0344/

Jim Rogers- Bond Market Bubble Developing

2010-07-01T19:01:00.000-07:00

Ron Paul: See I Told You, Paper Money Is Worthless

2010-05-17T19:12:00.000-07:00

The gold standard: The case for another look

2010-05-11T13:28:00.000-07:00

The Wall Street Journal

Gold's future bright as 'anti-currency'

2010-05-04T12:35:00.000-07:00

Gold's future bright as 'anti-currency'
by Jonathan Ratner, Financial Post.

Jim Rogers : Gold will go higher

2010-04-20T14:06:00.000-07:00

Mike Maloney Interview

2010-04-17T12:43:00.000-07:00

You can watch it here.

Why Are Silver Sales Soaring?

2010-04-16T14:54:00.001-07:00

http://ow.ly/1xBpa

Debt denial

2010-04-10T00:46:00.000-07:00

Debt denial

It doesn't matter if it's the dollar or the Euro--gold will eventually outperform both.

2010-04-08T23:59:00.000-07:00

Video http://ow.ly/1vOeT

Will fraud lift gold prices to $10,000/ounce?

2010-04-07T13:27:00.001-07:00

commodityonline.com

The Coming Precious Metals Short Squeeze

2010-03-31T21:06:00.000-07:00

The Coming Precious Metals Short Squeeze

Debtor Nation

2010-03-22T21:16:00.000-07:00

Debtor Nation, FGMR.com

We're Doomed and Washington Can't Do Anything About It - Marc Faber and Mish Shedlock

2010-03-15T17:45:00.001-07:00

Russia continues to build its gold reserves ahead of the SDR discussions

2010-03-08T12:54:00.000-08:00

http://jessescrossroadscafe.blogspot.com/2010/03/russia-continues-to-build-its-gold.html

Volcker: No Way The US Economy Can Stand On Its Own Without Stimulus

2010-03-08T00:45:00.001-08:00

from businessinsider.com

US Dollar Money Supply Is Underreported

2010-03-05T01:34:00.000-08:00

http://www.fgmr.com/us-dollar-money-supply-is-underreported.html

Silver in the next decade by David Morgan

2010-03-03T14:13:00.000-08:00

America's hidden debt bombs

2010-03-03T13:46:00.001-08:00

America's hidden debt bombs

CLSA's Chris Wood "In Five Years The US Dollar Paper Standard Will Collapse"

2010-03-01T14:14:00.000-08:00

How to invest in silver guide for beginners. Some silver porn

2010-03-01T11:58:00.000-08:00

A Long-Term Look at Silver

2010-02-25T22:07:00.001-08:00

By: Jordan Roy-Byrne, CMT

International Forecaster February 2010 (#7) - Gold, Silver, Economy + More

2010-02-25T12:56:00.000-08:00

Article by GoldSeek.com

"I KNEW I SHOULD HAVE BOUGHT GOLD"

2010-02-24T12:24:00.000-08:00

Article by Gold-Eagle.com

U.S. Economy: Confidence Falls to Lowest Since April

2010-02-23T22:10:00.000-08:00

Article by Bloomberg

Silver Investing. Real Money vs Paper Currency

2010-02-23T15:08:00.001-08:00

Credit Suisse Says Charts Show Gold Is Poised To Jump Higher

2010-02-22T15:25:00.000-08:00

Earlier today, Credit Suisse analyst David Sneddon told CNBC that the the price of gold is poised for a sharp move higher.

Video By businessinsider.com

Citi: China Sold Their Treasuries Because They Want To Buy Tons Of Gold

2010-02-22T15:21:00.000-08:00

http://bit.ly/cKg9r6

Gold and Silver Weekly Charts - Explosive Silver Situation Intensifies

2010-02-22T15:17:00.000-08:00

Gold and Silver Weekly Charts - Explosive Silver Situation Intensifies

Silver $1500

2010-02-16T23:16:00.000-08:00

Mike Maloney, author of Rich Dad's Guide to Investing in Gold and Silver, predicted $15,000 gold but think silver offers more upside over the long term.

Video from TheStreet.com

Brace Yourself For A Big Gold Shortage

2010-02-13T01:40:00.000-08:00

Article by businessinsider.com

The Bankruptcy of the United States is Now Certain

2010-02-12T01:54:00.000-08:00

The Silver Bear Cafe

Greenspan Endorsed Gold Standard... Before it Was Abolished

2010-02-11T21:54:00.000-08:00

Greenspan Endorsed Gold Standard... Before it Was Abolished

A Silver Shortage?

2010-02-10T02:31:00.000-08:00

Video from Forbes.

US debt to hit proposed ceiling by end-February: Treasury

2010-02-05T00:40:00.001-08:00

http://www.google.com/hostednews/afp/article/ALeqM5hEkfx_bpGC-zVoeKNR38gWLcjXdw

40+ of the Frequently Asked Questions about Silver

2010-01-31T22:43:00.000-08:00

Answered here

Discovery Channel's "How It's Made"

2010-01-30T20:57:00.000-08:00

Experts See Another Global Dip Ahead

2010-01-29T13:53:00.000-08:00

by Wall Street Journal

Why I Hope Gold Falls to $1,000

2010-01-28T23:11:00.001-08:00

Why I Hope Gold Falls to $1,000 Article by GoldSeek.com

Silver Bull Seasonals - SilverSeek.com

2010-01-28T10:30:00.001-08:00

Good Article by SilverSeek.com

Robert Kiyosaki talking about silver

2010-01-28T01:16:00.000-08:00

Time to buy gold

2010-01-27T22:11:00.000-08:00

Video by TheStreet.com

http://link.brightcove.com/services/player/bcpid1079049304?bctid=63408325001

Banks must raise billions to fend off crisis, says IMF

2010-01-27T22:00:00.000-08:00

The world's biggest banks face an impending funding crisis, with a "wall of maturities" fast approaching, and must raise billions more in capital in the coming years, the International Monetary Fund (IMF) has warned.

Read full story here http://www.telegraph.co.uk/finance/financetopics/davos/7080262/Banks-must-raise-billions-to-fend-off-crisis-says-IMF.html

One ounce gold coin for a handmade suit, correct?

2010-01-27T19:19:00.000-08:00

Video by Mike Maloney.

U.S. to trade gold reserves for cash through cash4gold.com

2010-01-26T22:06:00.000-08:00

News satire from The Onion

Debt Burden Now Rests More on U.S. Shoulders

2010-01-26T17:48:00.000-08:00

THE United States government borrowed more money than ever before in 2009, but its largest lender — China — sharply reduced the amount it was willing to lend.

Read full article at http://www.nytimes.com/2010/01/23/business/economy/23charts.html

Seventy-Eight Approaching Forces for Higher Silver Prices

2010-01-26T17:41:00.000-08:00

Article posted in December 2003 by Douglas Kanarowski.

http://www.silveriswealth.com/78reasons.htm

Coin Shops

2010-01-26T16:46:00.000-08:00

Good article for people new to investing in silver.
A Brief Guide to Buying Silver at Coin Shops.
What kind of silver, and where to get it.
by Jason Hommel.

http://coin-shops.com/