BofA Technical Analyst: Gold Is Set For A Rally, Could Go As High As $3000
Sunday 27th of May 2012 04:59:00 AM
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| BofA Technical Analyst: Gold Is Set For A Rally, Could Go As High As $3000 Max Nisen May 22,2012 The technical analysis team at Bank of America Merrill Lynch thinks a month's long decline in gold is coming to an end. Here's an excerpt from a note by Mary Ann Bartels and Stephen Suttmeier: Gold has pulled back to test support at $1550-1500. This support is holding, which sets up gold for a rally. The downtrend line from the August/ September highs provides initial resistance near $1700. Chart resistances are near $1800 and $1900-1925. Our longer-term view remains that gold... |
Why Has Gold Fallen In Price And What Is The Outlook?
Sunday 27th of May 2012 04:59:00 AM
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| From GoldCoreWhy Has Gold Fallen In Price And What Is The Outlook?Golds London AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce. Friday's AM fix was USD 1,588.00, EUR 1,251.08 and GBP 1,005.13 per ounce.Silver is trading at $28.45/oz, 22.37/oz and £18.06/oz. Platinum is trading at $1,470.50/oz, palladium at $616.00/oz and rhodium at $1,325/oz.Gold rose $17.70 or 1.12% in New York on Friday and closed at $1,591.40/oz. Gold has been trading up and down in Asia within a narrow 8 point range and is now trading in Europe near $1,592.16 at 1150 GMT. The Canadian... |
Eric Sprott--Live at Hard Asset New York--05-15-2012
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Eric Sprott had just finished his keynote address at the Hard Assets investment conference in NYC when he took a few minutes from his busy schedule to speak with FSN. While being rational about the recent decline, he was no happier about it than anyone else. Eric understands these markets better than almost, and he's built his fortune and reputation on the sector. Through his ETF's, his various investment and financing vehicles, he's a dominant figure in the industry. Eric says he has no intentions of selling. He made some very poignant points about numerous countries facing their... |
JIM ROGERS: Here's What Would Cause Gold To Dive 40% To 50%
Sunday 27th of May 2012 04:59:00 AM
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| Commodities guru Jim Rogers said he is not buying gold. In fact, he said he has "hedged himself" since we spoke to him last month. Rogers said he expects gold prices to fall further and believes they could tumble 40 - 50 percent off their top if India were to stop its gold imports or if Europeans were to sell their gold: "There's some movement in India to really curtail the purchase of gold. Some people in India say we should stop importing gold period which would be draconian. There are also Europeans who are talking about the need to... |
Gold, Silver Resume Downward Trend
Sunday 27th of May 2012 04:59:00 AM
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| Concerns grow about a global economic slowdown and a restructuring of the European Monetary Union Gold and silver started off the week by heading downward amid growing perceptions of a global economic slowdown and restructuring of the European Monetary Union (EMU). |
The Real Tech Revolution is Just Getting Started-Alex Daley--10.May.2012
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: As chief technology investment strategist for Casey Research, Alex Daley is always on the lookout for the next and greatest technological advancement. It's in his blood, and it's his life's mission. There are so many incredible innovations occurring everywhere around the globe. In fact, healthcare and manufacturing are going through major advances that will leave these sectors unrecognizable. In medicine alone, diagnostics are advancing to the point where doctors now know whether certain cancer medications will be effective on particular patients or not. This is a huge advancement that will improve lives, save money, and make major profits... |
There's Gold in Dixon Illinois' City Hall-Triple Lutz Report--Episode 186
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Episode 185 deals with the massive fraud in Dixon, Illinois. Since 1983, the comptroller, Rita Crumwell, had a nice little racket going on. She stole over $53 million dollars, $30 million alone in the past 6 years. It's truly amazing this could go on for so long in a town of just 15,000 people, with a budget of $8-20 million dollars. This story intrigued me because at some level this type of scam is happening in every governmental entity in the country. This is not to say that all government officials are looting between 10 and 25 percent... |
China & the Other Central Banks Are Buying Gold-Ranting Andy Hoffman--09.May.2012
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: "Ranting" Andy Hoffman gives us the update on the lastest precious metals slam down; the reasons to own gold and silver couldn't be stronger. If the prices stay down this low, don't be surprised to witness a major flood of buying. We're also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who's going to bail out Spain? Greece is planning to reneg on its debt.... |
Tracking the Trend is Never Easy Especially Now-Gary Wagner--09.May.12
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Gary Wagner, master technician and trader, follows markets for a living. The precious metals market never misses an opportunity to humble even the most astute technical trader, just like it did to Gary today. But we're living in interesting times, and the world's events are a constant reminder of that fact. While the dollar looks good right now, and the Euro looks doomed, one can never underestimate these volatile markets' propensity for shock and awe. Just when you think you know what's happening, boom, Spain blows up. When countries start imploding, it's extremely difficult to understand how the... |
Gold & Silver Don't Get No Respect-Peter Grandich--09.May.12
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Peter Grandich weighed in on the latest precious metals rout; he's not worried and neither am I. All the reasons we bought gold in the first place are still present and actually increasing. Central bank buying, excessive money printing, and all sorts of economic and monetary mayhem are occurring. Now is not the time to lose confidence or hope in a better tomorrow. We helped Peter celebrate his daughter's 20th birthday because when it comes down to it, while money and economic circumstances are important, they are not the most important things in our lives. When it comes... |
Metals Crash Report-We Won't Get Fooled Again-Ty Andros--09.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: Ty Andros called FSN today, Wednesday, 5/9, to weigh in on the recent precious metals slam down. Given all the money printing and the global economic instability, now is indubitably a good time to be a buyer. Today, we discussed the real story on Chinese inflation, and it's far worse than has ever been disclosed. Over the past year, meat and food prices have doubled! So this means real Chinese economic growth is far below official statements, just like in the US. So don't panic, and don't let your emotions get the better of you. Listen to the... |
Precious Metals Taking a HIT Today!
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| Precious metals are taking a hit today! Gold dropped below the $1600 mark for the first time in 5 months while silver also declined steadily throughout the day. All precious metals declining by over 1% today with Rhodium at -3.5%. |
Telling it Like Is and How it Will Be-Danielle Park--08.May.2012
Sunday 27th of May 2012 04:59:00 AM
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www.FinancialSurvivalNetwork.com presents: Danielle Park of www.JugglingDynamite.com joined us for our bi-weekly journey into the economic realities now hitting every person on the planet. There's no easy way out and sticking with losing systems, just like losing investments, is your surefire ticket to the poorhouse! Danielle explored the current administration's unwillingness to hold the banksters accountable for the damage they've inflicted. While we were at it, we also discussed the fact that the government should finally own up to its major role in creating this ghastly state of affairs. After all, who created Fannie, Freddie, FHA, Sallie Mae and so many...
Economic Alert: If Youre Not Worried Yet You Should Be
Sunday 27th of May 2012 04:59:00 AM
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| For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word alert lightly. Since 2008 we have seen a cycle of events that have severely weakened our countrys foundation, but each event has then been followed by a lull, sometimes 4 to 6 months at a... |
Dudley Baker Gives the Inside Scoop on Insiders--07.May.2012
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Dudley Baker of PreciousMetalsWarrants.com and TheGreedyGuru.com joined us for another look at the recently decimated precious metals mining sector. While markets like we've had lately may try men's souls, he's confident sooner rather than later, this value and other economic factors will result in a swarm of investors gobbling up these shares. Insider buying, a crucial indicator for Dudley's model, has been trending up in a number of miners, and this is probably good news for investors. Dudley gets up-to-the-minute updates on insiders purchases and sales and presents them regularly in his database, along with stocks that have... |
Greece Will Experience Hyper Inflation and So Will the Rest of Europe--07.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: "Ranting" Andy Hoffman was with us today to review the ever declining and disintegrating world economy and to offer us his weekly insight into the precious metals markets. While gold and silver prices have been under repeated attack, Spain, Portugal and Italy have become complete basket-cases. Add to that, the election of a socialist government over the weekend in France, declining support for Merkel in Germany, and Conservative Party losses in England, and you have the prescription for a hyper-inflationary bust. In Greece, the major parties only received 35 percent of the vote, with the majority being split... |
You're A Debt Slave and You Don't Even Know It-Stefan Molyneux--07.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: Stefan Molyneux of www.FreeDomainRadio.com visited with us today. Stefan's an early pioneer in getting the freedom message out to the world; he's been doing it since 2005. Millions of people have visited his site and downloaded his numerous philosophical and economic discussions. Stefan and I talked about the proper role of a citizen and what types of powers the government should wield and why. We both agree the world is heading for an economic reset, voluntary or involuntarily; it's going to take place. You need to be prepared for this. Stefan and I also discussed the administration's Julia... |
David Morgan-The Silver Suppression Scheme Is Ending--04.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: David Morgan is one of the world's leading authorities on silver, from how it's mined, to how the price is manipulated on the relatively minuscule Comex Silver Futures. David has had an affinity for the shiny metal since he was a toddler; he's also old enough to have lived through the prior boom and bust that took place in the 70's and 80's. Armed with this historic perspective, he sees exactly what is taking place now, and while appalled by the blatant price suppression, he's not surprised at all. David is joining us today for the latest update,... |
The Golden Revolution is Taking Off-John Butler--03.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: John Butler, author of The Golden Revolution, has been getting a lot of publicity and has made numerous appearances around the media circuit since our last interview. FSN can proudly take credit for being one of the first to recognize John's tremendous contribution to the gold standard debate. As John said, "This book begins where Jim Rickard's Currency Wars ends." John also had much to discuss about who's reading his book and what people are saying. When you write a book, or reach out to the public to try to explain complicated economic and political issues, you're never... |
Kerry Lutz Interviewed by Andrew Horowitz, The Disciplined Investor--03.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: Today I appeared on Andrew Horowitz's show, The Disciplined Investor. We discussed survival investing, which I define as allocating your assets in a way that will protect your wealth in the event of a dollar collapse or the event when major inflation besets the world financial system. While Andrew isn't a big fan of precious metals, especially silver, he did see some logic in acquiring assets that could potentially protect us again major systemic disruptions. While I wouldn't classify myself as an extreme financial-prepper, I would say my confidence, in the ability of men like the Ben Bernank... |
Mickey Fulp's Monthly Market Review--03.May.2012
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
www.FinancialSurvivalNetwork.com presents: Markets and financial reporting were virtually flat in April. The only bright spot on the horizon was natural gas prices, which were up 16 percent, probably a dead cat bounce. The Dow, Nasdaq, Oil and metals prices were channel trading, but these directionless markets are usually short lived. As Mickey and I spoke, gold and silver were getting raided as usual. Employment numbers were released, and they pointed to a slight decrease in new filings. However, these monthly numbers have been shown to be completely unreliable and inaccurate; wait for the inevitable revisions to kick in. In other...
Time To Accumulate Gold And Silver
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
Time To Accumulate Gold And Silver By Jeff Clark 05/01/12 Do you own enough gold and silver for what lies ahead? If 10% of your total investable assets (i.e., excluding equity in your primary residence) arent held in various forms of gold and silver, we at Casey Research think your portfolio is at risk. After speaking at the Cambridge House conference last month and talking with many attendees, I came away convinced that most investors fall into one of two categories: those who hold an abundance of gold and silver (which tends to be physical forms only), and those with...
You Need a Money GPS--David Quintieri 02.May.12
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: David Quintieri has written a new book entitled The Money GPS, which is intended to help Americans wakeup to the impending dangers of ceaseless money printing and the collapse that it will eventually bring about. All empires inevitably collapse, and it's difficult to tell whether they were brought down by poor economic policies or other factors. But, it is undeniable that monetary debasement has always helped exacerbate the collapse. Government officials, since time immemorial, always try to get something for nothing and always try to give more and more people a free lunch. But in the end, the... |
Will Apple Bailout the EU? - Bob Chapman is Doubtful--02.May.12
Sunday 27th of May 2012 04:59:00 AM
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| www.FinancialSurvivalNetwork.com presents: Bob Chapman, the international Forecaster, is back with us to answer these major questions: Is there any hope for Spain? Is Italy next? What happens after Spain blows up? Should Europe add Apple as a member of the EU and change the currency from the Euro to the Apple? While we can dream about white knights and Hollywood finishes, there's really no one out there who can save the EU from itself. The manipulation of the financial system continues unabated with no end in sight. The more markets are undermined by government schemes, the less they perform their... |
Mining Stocks are the Maytag Repairman of the Market--Ron Hera 01.May.12
Sunday 27th of May 2012 04:59:00 AM
Posted by admin / Under Gold
| www.FinancialSurvivalNetwork.com presents: Ron Hera joined us on FSN yesterday to recount a recent recommendation, which he provided on the last show. The stock we spoke of is being acquired at a substantial premium, but that certainly isn't the end of the story. Ron believes the miners hit a bottom on April 23 of this year, and by virtue of the economic realities currently taking place, they have no where to go but up. But then, there's the dividend story; so many of these stocks are raking in huge profits. With metals prices so high, even if they're not at their... |




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