Inflation

“The Euro Crisis, Will There be any Money Left”

Euro Crisis, Federal Reserve, Gold Bullion, Hyper Inflation, Inflation, Markets, Precious Metals No Responses »

Jun 272012

History repeats itself, that is the saying. And with The Euro Crisis Today, Will There be any Money Left? Like so many generations before us, people start off with trading tangible assets, may it be copper or bronze or silver or gold, This is substituted with paper money and derivatives. It then gets abused by politicians, law makers and such. The outcome? Inflation, deflation and economic turmoil. Everyone is suffering from it, the rich, the middle class and the poor.

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Farage told KWN that ‘What you may see is a very desperate European Union begin to put in place capital controls and things like this … In a sense the proposal that is on the table next week, which is coming from Van Rompuy and Barroso, would be the first step toward that repression.” Farage also discussed the action in the gold market, but first, here is what Farage had to say about the crucial meeting in Europe next week: “I would be very, very surprised at that big summit next week, which incidentally I have a ticket to, not that I’ll be the most popular person in the building, but I just don’t think there is going to be an agreement of any great significance next week. I just don’t see it happening.

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Farage continues to say that:
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I hold to the theory that at some point in time, the markets are just going to overwhelm all of this, and then we will face the IMF global bailout situation. It would be better to admit we’ve made a terrible mistake and take losses on the money we’ve already foolishly thrown in and say, ‘Let’s start again boys.’

According to Farage there is something worst overhanging all of this in the banking system which is very much beyond our control. Farage continues…
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The total amount of money that is needed to shore up the Spanish banking system is more like 400 billion (euros), some people even think 500 billion (euros). The trouble is that if Europe was to do that they would be penniless. Because in theory they’ve got that money in their stability mechanism, although in practice all they’ve got are commitments from countries to put money in. The cash isn’t actually there.

So you throw trillions (of euros) at the thing, but six months later you find that the economy is still contracting, we’re still heading into a downward spiral, unemployment is getting worse, people are rioting on the streets and demanding a different solution.

At the end of the day there is no way that these countries are not going to go back to their own currencies that float on the exchanges. What all of that means is that all of this money that’s been chucked in through the European Union and through the IMF, most of it in the end is going to be lost.

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Farage also said that people thought communism would end sooner that it would because of its total failure. But through repression, they managed to keep the whole thing together.

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What you may see is a very desperate European Union begin to put in place capital controls and things like this.”
In a sense the proposal that is on the table next week, which is coming from Van Rompuy and Barroso, would be the first step toward that repression. If they are able to put together a debt union from a European Union, if they are able to have total control over individual member states’ budgets and all of the rest of it, then we are heading very, very rapidly down that road towards repression.
Frankly, that’s the only way they can win now. The only way they can win is to take away from the citizens the ability through the ballot box to do anything about this. They are hellbent on doing it, but they know the electorates, particularly in the North of Europe, are, with every passing day, beginning to realize their little scheme, and we know the markets have no confidence in them.

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Farage has been a long time gold investor. Here is what he thinks about gold.
“Given the mess that we’re in, and given this threat that we could possibly be facing a 1931-type movement, you have to be in this market. Got to be long gold, no question about it.”

After The Euro Crisis, Will There be any Money Left? , Greece could default, and Spain are getting there bailout, Italy will follow and just now Cyprus have asked for a 4 billion bailout package. so is this a domino effect, we are borrowing from our future generations.
We should go back to gold, start preserving your wealth by investing in gold and silver.

click here for the full article.

Gold Bull Market to Happen Before the Year Ends

Gold News, Gold Price, Inflation, Precious Metals No Responses »

May 292012

It is undeniable that gold price has not been performing well this past few days. But despite this fact authorities and veteran investors are very positive about the prediction of Gold Bull Gold Bull Market to Happen Before the Year Ends.

The current drop in precious metal price is due to gold’s current correlation with risky assets such as copper, but despite its current price drop some countries continuously buy and stock gold. This may be an indication that investor doesn’t totally lost their confidence in gold. And possibly this could also indicate that they still recognize gold and other precious metals as the best hedge against the ongoing global inflation and its ill economic effects.

To have a closer look into the reason why we must not lose hope and confidence in gold is discussed in detail in the article caption bellow.

Gold Bull Market to Happen Before the Year Ends

Gold could regain its safe-haven status before the year-end, analysts say, though investors should expect further near-term price volatility as the metal maintains its correlation with risky assets.

In recent months, gold has traded broadly in line with industrial metals and equities as investors seek cash due to fears over the euro-zone debt crisis and slowing global growth.

According to data from the International Monetary Fund released last week, Mexico, Kazakhstan and Ukraine were active buyers in the gold market in April, while the Philippines’ central bank lifted its reserves by more than one million troy ounces in March. It was the seventh consecutive month the Philippine bank added to its official gold reserves.

Gold’s correlation with copper, often seen as an indicator of risk appetite and a bellwether for economic health, has strengthened since the start of May, as fears over a Greek exit from the euro zone intensify.

In the near term, gold is vulnerable to shifts in macroeconomic sentiment, Societe Generale Metals Analyst Robin Bhar said. However, he noted that gold can regain its safe-haven status following major risk-off events.

He cited gold’s correction and recovery following Lehman Brothers’ collapse in September 2008 as an example of gold’s ability to reassert its safe haven status after a period of trading in line with risky assets. Gold surged on safe-haven buying in the immediate aftermath of Lehman’s collapse, before falling over the following two months amid cross asset class liquidation. It then resumed its uptrend in December 2008.

In Mr. Bhar’s view, a return to prices of $1,640-1,660 per ounce would be the minimum necessary in today’s market to indicate the return of the safe-haven trade.

To read more about Clementine Wallop’s article click here.

Though gold may be in bad shape these past few days because of its bad association with copper, nevertheless it still holds a promising potential to reverse the current negative trend of gold price in the market.

Indeed Gold Bull Market to Happen Before the Year Ends is something that everyone should anticipate and look forward to.

Nonetheless authorities’ gives a forewarning that there will be a close volatility in gold price before it goes up again before the year ends.

Gold’s Remarkable Price Trend

Gold News, Gold Price, Inflation, Precious Metals No Responses »

May 212012

Gold’s remarkable price trend change between Thursday and Friday’s trading sessions gives a ray of hope to investors who are downhearted by previous week’s gold price performance. Hopefully it will be able to keep up its upward price movement given the fact that some socio political events in the market are favorable to gold.

Despite gold’s price volatility it still remains a stable and low risk safe haven investment. This is what investors are seeking for in this time of economic uncertainties, a kind of investment that does not only get them through difficult times but also offers them a great opportunity to let their investment s grow.

Here is Mike Unser giving us an overview of the current gold price trend in the precious metal market.

Gold’s Remarkable Price Trend

Gold rebounded a combined $55.30 between Thursday and Friday to spring back from its lowest price this year and eke out a 0.5% weekly gain — the first in three weeks.

Advances on Friday were largely attributed to bargain hunting and a weaker U.S. dollar which fell after its longest winning streak since 1985, a ride of gains that lasted for 14 straight sessions.

In closing Friday, gold prices for June delivery rose $17.00, or 1.1%, to $1,591.90 an ounce on the Comex in New York. The yellow metal hit an intraday low of $1,567.80 and reached a high of $1,597.50. The settlement is 3.6% higher than when gold closed on Wednesday to its lowest price this year at $1,536.60 an ounce.

Two weekly gold surveys show differing levels of expectations for gold prices next week. A Bloomberg survey was bearish for the first time in six weeks while a Kitco News survey is heavily bullish. The latter results first:

“In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Of those 23 participants, 21 see prices up, while two see prices down, and zero are neutral,” reports Kitco.

“A solid majority of participants expect prices to rally next week, especially since June gold futures on the Comex division of the New York Mercantile Exchange held the (intraday) low set on Wednesday of $1,526.70. Many said the sell-off was overdone so the rebound was in due course…

As for the Bloomberg survey, it has 13 of 29 survey participants expecting lower gold prices next week. 11 were bullish and 5 neutral.

For the year, gold prices have gained $25.10, or 2.9%.

To learn more about this article, click here.

Despite the fact that gold had been down in previous weeks, investors and authorities are positive that gold can definitely make a comeback this week. As based from the market and industrial demands for gold, plus the natural quality of gold as a safe haven investment it is expected that gold price will rise in the coming days.

Though gold shows a very volatile pricing in the previous weeks, one must remember that the reasons that made gold a great investment and a great store of value and assets still remain.

So for those who are reluctant in investing in gold, consider those times that gold price drops as a great opportunity to invest in and store gold for future trading and use.

Indeed Gold’s Remarkable Price Trend is yet to begin.

Gold Price down, great

Gold Bullion, Gold News, Gold Price, Hyper Inflation, IMF, Inflation, Precious Metals No Responses »

Apr 242012

This last week was a not so good for the Gold Price, but that depends on what way you want to look at it, It’s a great time to buy, this is a good dip, Gold has been used for 5000 years, and barter was one of the most common ways to pay for goods, well Iran and China are planning on trading Gold for fuel. This is the beginning of using gold as money, Here is a caption from Vicky Kapur’s article explaining and giving details on the current scenario in the gold market.

Gold Price down, great

Spot gold prices fell more than half-a-per-cent to $1,632.30 per ounce at 11.35am UAE time (7.35am GMT) this morning even as traders remain concerned over fresh debt tensions in the Eurozone and lackluster trading a day before the Indian gold buying festival Akshaya Tritiya.

According to Dubai Gold and Jewellery Group’s morning rates, gold is currently at a two-week low. While 24ct gold is being retailed at Dh196.50 per gm, 22ct gold is going for Dh184.75/gm and 18ct gold is available at Dh150.75 per gm in Dubai, the city of gold.

However, according to some analysts, this may be the only window available for medium-term investors to buy gold at these prices as China, arguably the world’s only working-condition growth engine, is reportedly mulling paying for Iranian oil in gold to avoid US-led sanctions on Iran trade, which kick in on June 28, 2012.

According to reports, Iran has already offered China and India – its leading oil purchasers – oil in exchange for goods other than their local currencies like wheat, soy and other consumables including white goods.

Logically, however, Iran won’t be able to meet all its foreign goods need through such a barter mechanism, besides the fact that it will need to save a share of the proceeds for future use. That brings gold, the ultimate store of capital, into the picture.

China purchased 454 tonnes of gold over a six-year period between 2003 and 2009 (besides adding about 100 tonnes in December 2002), and come July 2012, it will perhaps make the most use of its ballooning gold reserves.

India, on the other hand, holds 557.7 tonnes of gold reserves, having bought 200 tonnes of gold from the International Monetary Fund (IMF) in October 2009.

And these are just two (admittedly largest) of Iran’s oil importers. If more countries decide to join the gold-for-oil bandwagon to avoid choosing between plying their cars on the road and a head-on collision with the US, it’s anybody’s guess to where the precious metal prices may end up in the second half of 2012.

If you want to read more about this article, click here.

As the Gold price has fallen again today investors who are anxious to protect their assets against the rising inflation and fiat currency debasement should take this opportunity to invest in gold now before gold price rise up again.

Risks on Fiat Money Financial System

Currency, Dollar, Euro Crisis, Federal Reserve, Gold News, Inflation No Responses »

Apr 152012

As the current global market relies on the value of fiat money currency, we are now facing a global currency crisis with an anticipated domino effect on our economies.

As certain authorities said, one factor that props up the current global financial system is confidence. Meaning our money system which is fiat money has no real value which must be backed up with tangible assets.

Our global financial system is just a Ponzi scheme, it has no real value and is built on US debt which many considered wrongfully as a reserve currency. With the paper money having no tangible asset as a backup for its value, it solely relies on empty promises made by a government overwhelmed with debt.

Banks at the moment have little cash as percentage in deposits. And with the current global financial system there are just a few safe haven investments that you can turn to just in case things comes crumbling down.

Here are some of the evidences that the worst on economic scenario is yet to come.

We have already experienced the biggest credit, government debt, and real estate bubble in history.
The US economic status is not getting any better which is a sign that the government is bankrupt, and that the US dollar currency will continuously lose its value and that it cannot sustain any longer.
The global financial system is unstable due to its dependence of fiat currency which is very unsound money.
Banks are over leveraged.
We have witnessed the failure to save the western economy and that its ill effects are continuously suffered by the people.
The cheap oil era is near its end.
There will be a great competition over vital commodities as the population continues to explode.
US, Europe, China and Japan had simultaneously had weak economies.
Baby boomer’s peak of taxpaying and spending years is nearing its end.
Greater septicity of economic risks due to the inter-reliance and connectedness of different markets.

As based in history no fiat money has ever survived for a long period of time. As we are now facing economic crisis, let’s open our eyes to other ventures that offers safe haven investment from this crisis that we are facing today. Give gold and silver investment a try.

Gold Vs. Silver

Currency, Dollar, Gold News, Gold Price, Inflation No Responses »

Apr 132012

Gold and silver are two of the most prominent precious metal in the market that has long been recognized for their intrinsic value and uses. As for now venture capitalists are always on the lookout on their current value and price in the market.

The current ratio of silver and gold prices is approximately 50 is to 1. Meaning you have to have 50 ounces of silver to be able to buy 1 ounce of gold. If we will look back in history, over the past 400 years, the median between these precious metals is somewhat like 16 is to 1 which is more likely to equate to the natural occurrence of silver and gold on earth’s crust which is more or less 17:1.

If we look closely in history, just prior to 1700 the ratio between these two precious metals was low nearly reaching 3:1 and never surpasses 16:1 ratio. Almost one century had passed and we see a gradual increase in the ratio difference between these two metal. It almost gone as high as 100 is to 1 ratio. These incidents lead some authorities to conclude that silver is undervalued than gold.

Silver just like gold is widely used as a monetary metal while at the same time has many industrial uses, these should make silver outperform gold in times of industrial advancements and economic upswings. But instead gold still holds the upper hand against silver even at times of economic growth. These only mean that there are a lot more grand investment opportunities that await investors if ever they choose to make precious metal business ventures.

As of the moment there is a strong investment demand in the market than selling pressures. So start investing now before precious metal price rise up again.

Inflation and its ill Effects

Currency, Dollar, Federal Reserve, Gold Bullion, Gold News, Inflation No Responses »

Apr 122012

Inflation and its Ill Effects

As Alan Greenspan once said that in the absence of gold standard, there is no way to protect ones savings from confiscation in the form of inflation. Inflation in short is simply robing people of its money; it takes in a form of a gradual and subtle reduction of people’s purchasing power through paper currency devaluation.

It has also been foreseen by the late president Thomas Jefferson that that entrusting a countries financial issue to bankers is too dangerous. As he once said “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”

As we currently experience the ill effects of inflation and dollar devaluation, we can say that Jefferson and Greenspan’s words on inflation is true. The reality about inflation is that it is indeed a theft since its gradually an ongoing basis that diminishes people’s purchasing power.

But despite this current dilemma of the people, still the Federal Reserve’s goal is to engineer and maintain inflation (through certain policies) for their greater advantage. They rob people the worth of their money, and transfer it to bankers who can borrow large sums of money on a lower or zero interest rate. As a result we now have a higher consumer price index rise than before the gold standard was abolished. Meaning, products that you could buy for only $10 way back in 1913 now cost you more than $220.

Basically higher inflation rates enslave people. It steals from savers, it results in higher taxes, it puts lenders on a disadvantage position that results in higher risk investments. With the ongoing increase in oil price, global geopolitical conditions and tensions between certain countries, it is presumed that inflation is unavoidable and will still continue to rob us blindly. All of these are due to our dependence on fiat money currency.

$8000 per Gold once

Bullion Storage, Currency, Dollar, Euro Crisis, Federal Reserve, Gold Bullion, Gold News, Gold Price, Gold Price Video, Hyper Inflation, Inflation No Responses »

Mar 152012

In this great interview with James Turk from Gold Money, he predicts that the Gold price will reach up to $8000 per gold once between 2013 and 2015. The gold price is been manipulated to make the dollar look good, Only a small amount of the population understand that the currencies are in trouble and they are investing in gold, but as the printing of money continues, which is diluting the currencies thus reducing the peoples buying power ,when people become aware of this they will

Turn to gold and the gold price will surge. Panic buying will be the next step, so with this priceless information its time to buy regardless of the price now,

The gold price is less that $ 2000 per once, that’s the way to look at it.

When you see that the gold price is rising , this is a sign that there is a problem with the monetary system, and also there is not much gold leaft in the world, the production of gold is not meeting the demand.

Prohibition of gold was introduced in the USA in 1933 and some fear that it could happen again, this is why its safer to store your gold in different places around the world. Gold Money are one of the best gold bullion dealers in the world, they offer storage in different worldwide locations, I have bought gold and silver through Gold money and I store it in there Swiss vaults, this has been suggested to me by the Elevation Group as its a the safest bet, especially as its in Europe so not so far away but not in the Eurozone which is unstable.

Billionaire warns investors To Buy Gold Now

Currency, Gold Bullion, Gold News, Gold Price, Inflation No Responses »

Feb 232012

So when a world famous Billionaire warns investors To Buy Gold Now. Im paying attention.

Also the fact that the Chinese are buying massive amounts of Gold now is a sure sign that is going up, simply because the demand that’s been created is going to outweight the production.

Mr. John Paulson, the billionaire hedge-fund manager of Paulson & Co. has already foreseen that this scenario will get even worst, and that Investors Must Buy Gold Now to Protect their Assets before the gold price rises again.

Here is Brittany Stepniak to give us some details about why this is a great time to invest in gold.

Billionaire warns investors To Buy Gold Now

Billionaire hedge-fund manager John Paulson has warned investors to buy gold now, before it surges yet again…

Not surprisingly, Paulson isn’t the only one who agrees with this statement.

U.S. gold futures speculators haven’t been this bullish since September when the Fed was considering purchasing more bonds and the Bank of England and Japan said they’d be buying more assets.

Consequently, central banks are significantly increasing the bullion reserves – the added 439.7 tons last year alone, the most in nearly half-of-a-century. That equates to over 4,000 tons of gold in 2011 worth about $205 billion.

Half of those gold bullion purchases are coming from India and China, says Albert Chang, Far East managing director at the World Gold Council.

Global financial market uncertainty has spiked investor interest from all over the globe, especially in developed countries with growing middle classes.

The financial mess here in the States has Mark O’Byrne, executive director of GoldCore Ltd., sincerely worried about the threat of inflation. With the uncontrollable aspect of government spending to take into consideration, gold seems to be the only safe-haven with lasting value.

According to Mr. O’Byrne, “Gold is a crucial diversification given the various risks out there.”

Ultimately, the demand for the precious yellow metal only going to continue climbing…

Currently, demand is outstripping supply, causing gold prices to sky-rocket.

For read more about this article, click here.

Governments around the globe have already made precautionary measures and have already started buying and storing gold. Again gold demand continues to increase, so the gold price also increases.

Therefore let me say it again Billionaire warns investors To Buy Gold Now,

Is Gold in a Bubble ?

Currency, Dollar, Federal Reserve, Gold Bullion, Gold News, Gold Price, Gold Price Video, Inflation No Responses »

Feb 222012

Alot of people “who don’t invest in Gold “ say that gold is in a bubble, so is Is Gold in a Bubble ?

Well yes its TRUE, but every Top investment is in a bubble and that bubble eventually

Bursts, the trick is to get in early and get out before it bursts that’s the way the successful ultra rich do it. And when gold is less than $ 2000 an once then that’s

called opportunity, early days, especially when some very prominent investors believe gold can still go to 10.000 and even see the Gold Price go to $20,000, its time to do some research into Gold investing.

If you study the history of fiat currencies, you will discover that they usually have a 40 year run, and the dollar is at the end of its run, the USA are 16 trillion in debt and there printing money to ease the problem, diluting the dollars power and realistically killing it. Yes the death of the dollar is coming and this is why you have to invest in Gold, gold is not going to lose it s value, especially in times of economic crisis.

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