Follow The News by email of latest news and articles

May 31, 2011

Why Gold & Silver? FULL MOVIE - Mike Maloney Tells All

Why GOLD and Silver NOW !!


Why Invest in Gold & Silver? - Phase 2 Starts Today! - Mike Maloney


Gold and Silver now legal tender in Utah due to "Dying Dollar"

Gold - Understanding GOLD !!

Understanding GOLD


GOLD in the IMF

Commodity Performance

GoldGold futures contracts rallied 325 dollars or 26.85 percent during the last 12 months. From 1975 until 2011 Gold futures prices averaged 414.26 dollars reaching an historical high of 1556.40 dollars in April of 2011 and a record low of 102.40 dollars in August of 1976. This page includes: Gold historical data chart and news.

 

Silver
Silver futures contracts rallied 19 dollars or 105.00 percent during the last 12 months. From 1975 until 2011 Silver futures prices averaged 7.57 dollars reaching an historical high of 48.70 dollars in January of 1980 and a record low of 3.51 dollars in February of 1991. This page includes: Silver historical data chart and news.

Platinum

Platinum futures contracts rallied 211 dollars or 13.21 percent during the last 12 months. From 1986 until 2011 Platinum futures prices averaged 673.40 dollars reaching an historical high of 2276.10 dollars in March of 2008 and a record low of 333.10 dollars in December of 1991. This page includes: Platinum historical data chart and news.

 Gold, a great investment over next decade: Jim Rogers

 

May 30, 2011

China Will Overtake the World as #1 Gold Holder

China Will Overtake the World as #1 Gold Holder

By Luke Burgess

If you think the recent, highly-publicized gold-buying mania is merely the result of a handful of panicking investors, urged along by a couple contrarian billionaire types... think again.

Today, it's no longer just private individuals buying up the yellow metal. For the first time in decades, gold has become a nearly universal investment strategy... something that literally any class of investor must own to be considered well-hedged.

It's so important, in fact, that the world's biggest and fastest growing national economies are in the midst of an historic push to build up their stores of the precious metal. Most of it will end up in places like this:.





Not since the late 1980s has investment demand for this metal been as high as it is today.

In fact it has been 22 years since central bank and investment buying of the yellow metal outstripped industrial and ornamental demand.


Today, the biggest buyers of gold aren't private citizens or hedge-funds. Instead, nations like China, India, and Russia have moved forward to grab up every loose ounce of the metal...

·   In 2010, Russia's central bank bought up an astounding 2/3 of the country's entire national production.
·   That same year, India purchased close to 750 tons, breaking the record of the previous year by almost 40%.
·   China — the biggest gold market of them all — has stated an intention to raise their national reserves by 849%, or 10,000 tons, worth an estimated half a trillion U.S. dollars, by the end of the decade.
·   In the first two months of 2011, China boosted their national holdings by 200 tons.

If this trend continues, it will almost certainly reshuffle the world order as far as government-owned gold holdings go.


Currently, the United States occupies the number one spot with 8,133 tons of gold. However, if China's acquisition plans come to fruition, they will supplant the U.S. for the first time in history.
Similarly, India and Russia are working overtime to do the same to Germany and France — Europe's number one and two biggest gold owners.

  
While these facts may be shocking to people used to living in a world where Fort Knox was the single biggest concentration of gold in existence, the reasoning behind these developments is as clear as day...


Dollar's Demise: When Gold Trumps Green
In a highly-publicized media event last week, the United States hit its federally mandated debt limit of $14.3 trillion.

Although this milestone wasn't a surprise (and in itself didn't symbolize any actual additional dilution of the dollar's value), it was the next and perhaps the biggest in a series of confidence-destroying events for the world's embattled reserve currency.
Far-sighted private citizens have been hedging against this for years, and, as we've seen from the price growth of the last 18-24 months, have been driving up the prices.

But it's the entry of cash-rich nations such as the big three I've been mentioning that promises to put gold into a period of change unseen before at any point in history.

The scary fact is these nations — as powerful as they're becoming, thanks to exploding industrial and natural resource wealth — are in the exact same boat as private citizens such as yourself.

Despite their growing influence and power, they are still subject to a global economic system which evaluates performance and transacts its business using the greenback... which makes their reason to hedge the same as your reason to hedge.
And the result of this unprecedented bull market is exactly what you see today.

Unfortunately, this trend isn't something that's going to screech to a halt based on one report from Jim Cramer or a well-placed article in The New York Times... 

What we're seeing now is no longer manic buying or group think.
Today's gold market is the result of a calculated, determined, and ongoing campaign by the world's fastest growing economies to ensure their survival in the years and decades to come.

A couple years ago, I would have advocated buying gold to balance out a portfolio. Today — with the gold rush on its way to becoming a permanent financial strategy for banks and cash-rich nations alike I'm insisting on it as a tool of survival.

May 28, 2011

China Is Now Top Gold Bug

Carolyn Cui & Rhinnon Hoyle | Wall Street Journal | May 20, 2011

Chinese investors are snapping up gold bars and coins, buying more than ever before in the first quarter of 2011 and overtaking Indian buyers as the world’s biggest purchasers of the metal.

China’s investment demand for gold more than doubled to 90.9 metric tons in the first three months of the year, outpacing India’s modest rise to 85.6 tons, the World Gold Council said in its quarterly report on Thursday. China now accounts for 25% of gold investment demand, compared with India’s 23%.

The report underscores the rising appetite for gold among the growing middle-class in China. Fears of the country’s soaring inflation, as well as a search for new investments, is luring investors to gold, and marketing of the precious metal has also increased in recent months.

“I think people will be surprised by the strength in the Chinese demand, but we think this is a trend that is set to continue,” said Eily Ong, an investment research manager at the gold council.


Historically, India has been the largest investment market for gold. In 2007, just before investing in gold began to take off globally, India’s physical gold demand accounted for 61% of the world’s total. China’s was 9%. In terms of total consumer demand, which also included jewelry, India is still a bigger consumer of gold than China, taking in 291.8 tons in the first quarter, compared with China’s 233.8 tons.

Still, the voracious appetite shown by Chinese buyers prompted the gold council to increase its forecast for the nation’s demand.

“In March 2010, we predicted that gold demand in China would double by 2020; however, we believe that this doubling may in fact be achieved sooner,” said Albert Cheng, the World Gold Council ‘s managing director for the Far East. “Increasing prosperity in the world’s most populous country coupled with their high affinity for gold will serve to drive demand in the long term.”

Aside from having more money, Chinese investors are also focused on using gold as a protection against rising consumer prices. Unlike paper currencies, gold retains its value when prices increase. That has prompted many Chinese investors to flock to the precious metal.

Gold also is favored by savvy investors as an alternative investment vehicle to assets like shares and real estate. Chinese stock markets have been a disappointment recently, and the government has pledged to clamp down on housing speculation.

Many banks and jewelry stores in China have added outlets to sell gold bars and coins in recent months.

“Those new outlets have not only created demand but also required a starting stock,” which has an impact on total gold demand, said Philip Klapwijk, chairman of GFMS Ltd., a London-based metals consultancy that compiles the data for the gold council’s report.

Investment demand is one part of a broader base of buying. Jewelry demand remains another large source of gold purchases, the segment that India continues to dominate. India’s jewelry sector took in 206.2 tons in the quarter, well above China’s 142.9 tons. Still, China is catching up there, too. Its jewelry demand rose 21% in the quarter, faster than the 12% rise in India.

Demand for gold in the Chinese technology sector is also buoyant, with the country becoming an increasingly important center for electronic-component manufacturing and assembly, the gold council said.

The surge in overall buying came at a time when gold prices took a rare breather from their relentless march higher. Gold prices fell about 8% in late January to about $1,300 an ounce. Since then, prices have risen to $1,492.20 an ounce on Thursday and the metal is up 5% for the year so far.

Global gold investment demand increased by 52% to 366.4 tons in the first quarter, helping offset a 56-ton outflow from exchange-traded funds, which are popular investment tools in the West.

In developed countries, some investors have switched into physical gold holdings from ETFs. Demand in Germany and Switzerland both more than doubled, while the U.S. had a 54% jump to 22.5 tons during the quarter.

As the world’s largest gold producer, China churned out 350.9 tons in 2010, but it wasn’t enough to sate total demand— including bullion, jewelry and technology uses—of more than 700 tons, according to the gold council’s report. As demand continues to outpace supply, analysts expect China to import more bullion.

Thursday’s report covers only private-sector demand, but one wild card for the world’s gold market is how much gold China has been adding to its foreign reserves. Governments tend to announce their purchases after they buy

May 26, 2011

Gold Update - May 2011- 03

GoldNomics - Cash or Gold Bullion?


Gerald Celente -- 'Gold standard won't save US'


Jim Rogers Interview with RTAmerica 10 May 2011

May 23, 2011

Gold Update - May 2011 - 02

Jim Rogers on CNBC 5/5/11 (Part 2 of 3): Time to Exit Gold and Silver?.


Jim Rogers on CNBC 5/5/11 (Part 3 of 3): Sticking with the Euro


Jim Rogers : Missing out on Commodities?


Jim Rogers on chances of $100+ Silver in 2011


Gold & Silver-When To Sell? Insiders Report - Mike Maloney

May 22, 2011

GOLD Update May 2011

China 's gold reserves 1 of 2 growing by leaps and bounds


China 's gold reserves 2 of 2 growing by leaps and bounds


Why Gold & Silver? FULL MOVIE - Mike Maloney Tells All


Is gold or silver the better investment now?



Buy Gold Because US DOLLAR HAS CANCER - Mike Maloney of GoldSilver.com.

May 14, 2011

Rising China - Let the Dragon Sleeps, if it awakes it will Shake the World.

English version] China's 60th National Day Military Parade - 1. Troop Formation 2/2 


[English version] China's 60th National Day Military Parade - 1. Troop Formation 1/2

China - Scary Army March. - the largest army in the world

Red Alert - China army (Frank Klepacki - Hell March)


China Military Video

GOLD Standard !!

Gerald Celente -- 'Gold standard won't save US'


U.S. middle class disappearing into abyss?


The poor and impoverished turn to the forest


Poverty: The American nightmare


America: Land of the Poor?


Poverty In America  - World Super Power with Proverty.
One Super Fighter Airplane costs US$14 Million and yet can't feed the poor !!!


New Great Depression: California's capital, Sacramento, now has a tent city. thumpandwhip.com.

May 9, 2011

US Collapse ?? - Buy GOLD Now and Store it AWAY for Safe-Keeping.

US cities face financial collapse

Financial Armageddon Coming Soon (2011)

December 19 2012 Collapse of The Dollar imminent

Prediction for Collapse of US Dollar & One World Government


Fall of the Republic HQ full length version

May 7, 2011

China - The Next Super Power !!

China - The Power Shift Part I: Mcalvany 2008

US Dollar Cave-In Part II: Mcalvany 2008

China's Economic Influence


Gold and Silver Are Sounding The Alarm

Current Affairs - 04

'Globalist threat more dangerous than Bin Laden' 

'Bin Laden body dumped mafia style - little to win back US credibility' 

Osama Bin Laden Dead? Story full of holes!
 

Osama Bin Laden Dead Pictures REAL


MORE EVIDENCE of FAKED photoshopped image of Osama Bin Laden!! 

How the Media cheated the World with a Fake Dead photo of Osama Bin Laden

The National Debt Crisis


CHINA'S YUAN TO BE HELD AS FOREIGN EXCHANGE RESERVES 3-3-2011

 

The Rise of China, the End of the Dollar's Reign -FutureMoneyTrends.com


GOLD IS THE BEST INVESTMENT FOR 2011

How To Invest in Gold | Buy Gold Now


IMG! YOU HAVE TO SEE THIS...... (Reason to Own Gold) ....................

May 1, 2011

Current Affairs -03

Libya, Syria and the Road to World War III, Paul Craig Roberts on The Corbett Report 4/6/11.

YouTube – SOS the USA