Jim Rogers : I own Gold but it is getting ahead of itself

Jim Rogers : you see gold going up like a rocket , I own Gold but it is getting ahead of itself , you are exactly right , one has to be careful when you see a class like this , a panic climate .....- in Fox Business News Interview 08/08/2011
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Gold is the only Money - $1723/oz and rising

Gold is up 40.9% from this date last year.?investors and central banks all around the world are becoming aware of the evidence that Gold and Gold is MONEY , Gold is not an investment it is MONEY the one and only money , Gold so far is way way undervalued when everybody realizes that the king has no clothes that the fiat money is just paper with ink , trillions of dollars will be rushing into Gold and Silver , the prices of gold and Silver will explode in a way that nobody can imagine we might see Gold at $80K an ounce if not more , this is not a bubble , it is just the world is starting to wake up from decades long delusion that paper is money ....you are still in time to go change your pile of worthless cash for some gold coins you will be glad you did in a year from now ....

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James Turk : Gold starting to become the go to asset

James Turk : Gold is starting to become the go to asset , people are starting to recognize the advantages that gold has over fiat currencies and it sort of followed up from the debt deal which was received very badly around the world , and the FED announcement that they will keep interest rates low for another two years ....we have seen a lot of volatility in the market but the main thing is the trend in both gold and silver is still up , may be next week is going to be a big week for silver
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Peter Schiff : it is not too late to buy Gold

Peter Schiff  : ....ever since it hit 500 people have been asking me that exact same question , and I am going to give you the same answer it is not too late to buy , Gold is going a lot higher the dollar is going to lose a lot more value - in Fox Business News interview 08/08/2011
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CME Raises Margins for Trading Gold Futures - Watch out for a correction

CME Raises Gold Margins 22% : The CME Group on Wednesday raised maintenance margins for trading Comex 100 Gold Futures by 22.2 percent, effective after the close of business on Thursday. reports CNBC today . I think the correction already started few minutes ago , CME thinks they can manipulate the market , they are wrong , they can only manipulate the market temporarily and in the main time gives us a nice dip where we can buy more physical gold , CME already have done this with silver a couple on months ago , we can lose a battle or two but we will win the war , paper money is nothing but paper Gold is the only real money , the king have no clothes and more people see that every day ....use this correction to buy more Gold ....

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This Gold correction will be limited

Phil Streible : I think the correction will be limited , I mean last week was panic buying in the Gold , now that's starting to come off , we are looking at some key levels of support , about a hundred dollars lower from that high so $1717 and bellow that is &1680 those are our support levels , but I think gold prices are going to stabilize they are waiting for tomorrow when France and Germany meet there is no expectation that anything will come out of it , I think it will really disapoint investors and they will come back into the gold market
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Gold to $5000/oz - Louise Yamada

Making a technical case for gold to reach $5000, with Louise Yamada, Louise Yamada Technical Research Advisors. " It have taken almost two years and we are almost at $2000 which is very intriguing and the price of gold continues in a structural bull market and actually it is outperforming almost all the equity indexes we had a very steady progression from the break out of 2009 , 20 percent advance little consolidation , 20 percent advance little consolidation three times and now again "" if we continue on this current trajectory we could see gold at $5200 by 2018 "

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The fundamentals for Gold are rock solid

Fundamentally Europe and U.S. economies are still in trouble, says John Smith, Silver Standard president/CEO, who adds that the rise in gold is a response to the economy and investors flock to it as a safe haven.People will go to metals they are viewed as safe haven while all this uncertainty exists , the euro debt the Arab spring etc..we are already seeing some central banks moving into gold , the fundamentals for gold are rock solid while the economy is still fundamentally in trouble despite the can being kicked down the road ...

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Why Gold & Silver? FULL MOVIE by Mike Maloney

With out doubt, this is the best educational vid that people will? see, regarding our future. No matter what your intentions are, protecting your wealth, making a sound investment, fighting the banks, helping to educate a friend on a better investment, what ever your cause is! People will talk about Mike Maloney for 1,000 years!! Thanks so? much Mike for making this documentary! It was very informative and solidifies my motivation to buy gold and silver and, more importantly, keep improving my financial education (Thru the Rich Dad Series and other books)

It doesn't really matter what the silver price will be in the coming years. What matters is the purchasing power of your silver and gold. And we know that silver and gold are the ONLY asset class that hold their purchasing power over time. It's the safest investment you will every make because? silver and gold have never been worth nil. BUY PHYSICAL. SLEEP EASY. take all your worthless paper and purchase, rice,beans,corn,sugar,salt,wat­er, canned vegies,coffee,tea, powdered milk, meat ect.and all the storable you can, at least a couple yrs worth.start getting ready for the worst depression the world? has ever seen. purchase heirloom seeds, plow up your lawns, plant some fruit trees,berries,get a garden plot ready.raise some chickens,rabbits,store some silver for trading later on. don't wait much longer, you won't be able to afford it or it may not be ther
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GATA Gold Conference 2011 London

Robert Ian : Jim Sinclair one of the major draws at this conference , Jim is arguably the leading expert on Gold the world over , at the beginning of this past decade when gold was trading at $250 an ounce Jim Calculated that Gold will reach and exceed $1650 an ounce , it took a decade , Jim says that after $1764 Gold is firmly behind us , Gold can move up very quickly because it will mark the beginning of phase three in this gold bull market when a runaway price will gain exponential properties he commented on how we will see the bearish cabal on mining shares look for cover as they sell physical gold in exchange for quality precious metals shares

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Gold to go to Inflation adjusted high of $2400/oz in January of 1980

The factors that continue to prop up Gold, are low interest rates will be around the next 22 months and we're looking at global economic issues driving gold to record highs not only in dollars but euro, sterling, yen and one many see gold prices continuing to rise towards the inflation adjusted high and the $2400 mark

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Bob Chapman outlook for Gold Silver and the Stock Market

Bob Chapman : By the end of February we will see Gold somewhere around $3000/oz to #3200/oz and silver probably $80/oz to a $100/oz and may be higher Silver has a problem it is a thin market and it is manipulated by JP Morgan Chase and HSBC and they continue to do it and the CFTC allows this monopoly to do what's doing which means you have no regulations whatsoever ..., Gold probably within the next month will go to $2000/oz - $2200/oz and by February it should go up to $3000/oz - $3200/oz why ? well number one it should be selling at $8000/oz number two , it is now the Prima Face currency in the world it beat the dollar in the last two and half years

Bob Chapman outlook for Gold Silver and the Stock Market

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Gold reaching $1,800 an ounce !!!

Gold today reaches an all time high breaking the barrier of $1800 for the first time in history , gold rose by a staggering $160 since last Friday breaking all times highs against the US Dollar but also against the Euro . JP Morgan Joins Goldman Sachs In Upping Gold Forecasts to $2,500 a troy ounce by the end of this year , tighten you belts guys the rally is just starting and we are about to take off ...Lol... Sharon Epperson reports from the floor "well, you know, we often talk about the fear factor that's in this market. and gold is the absolute fear gauge. that is what we're seeing and traders on the floor here are telling me. we are looking at gold prices that hit that record of $1,801 and have come off of that slightly. $160 move just since Friday in gold and volumes that we haven't seen ever before here at the CME group. when you look at gold priced in dollars, record there, gold priced in euros record too. it lets you know this is a global story, the global economy's in turmoil. that is what we're watching, and that is what is reflected here in the gold price, particularly when it applies to the European bank situation and also here in the u.s. the fact that we're going to see low rates for the next 22 months. that is driving the price higher. but what could drive the price for $2,500, that is something that is the fear or the vix. the gold vix in particular, a great indicator of that. look at how it's spiked just in the last couple of days. that kind of volatility is the reason that JP Morgan is saying we could see gold at $2,500 an ounce in the next six months."

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JPM predicts Gold at $2,500 By Year End

Could Gold reach $2500 by the end of the year? A look at gold as it continues to rise and uncertainty in the markets sends investors to safe haven plays, with Colin Fenton, JPMorgan chief commodities strategist. JP Morgan Joins Goldman Sachs In Upping Gold Forecasts to at least $2,500 a troy ounce by the end of the year. JP Morganhas become the latest bank to up its forecast for spot gold prices, hiking its estimates by a whopping 39%

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Peter Schiff : there is no ceiling to the price of Gold because there is no floor to the dollar

Peter Schiff : ....you just described the meeting that is about to take place with Obama , Geithner and Bernanke , nothing is going to come out that meting but more inflation , so if you own gold now you better hold it , you better have some gold when that meeting comes to a conclusion , there is no ceiling to the price of Gold because there is no floor to the dollar , what is our economic policy ? print money , Gold is not just a commodity it is a monetary metal and the real people are buying real money it is because they are losing faith and rightly so in Fiat money in paper money , it dos not work and you have Ben Bernanke coming out yesterday and saying he is going to keep interest rates at zero for at least another two years , how does he do that ? he has to monetize a lot of government debt , he has to keep printing money that destroys its value and so the people who are smart are moving into gold , the problem is most people have not done it yet , hardly anybody owns gold that's the problem

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Consumer demand for Gold remains high

Drew Corbett, Head of Investment Strategy at BetaShares, thinks that investors should consider investing in Australian dollar hedged gold ETFs." supply is very weak while we are coming to September when historically demand from India and China spikes " the $2000 target is now within range for Gold " "consumer demand for Gold remains high " " we can get short term pull backs"

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40 Years ago Nixon ended The Gold Standard

Discussing whether it is time to get back to gold standard , with Jared Bernstein, CNBC contributor; and John Tamny, Real Clear Markets. "It was a monumental blunder, the biggest of modern times. leaving gold was a devaluation of the dollar and as history shows when money is devalued, investment becomes defensive. it flows into the hard assets of yesterday that already exist and away from the innovative ideas of tomorrow in assets that don't exist, leaving gold restrained, our economic evolution and it shows up in the numbers that you just cited. we've grown less quickly, unemployment's been higher. it's been a major disaster and it's time to turn back " says John Tamny

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The Case For $20,000oz Gold by Mike Maloney

Mike Maloney : If you know how the world's financial system works you know the game we are playing , and if you do not know the game and the rules we are playing by you are going to get slaughtered , you are going to get slaughtered , ever since the federal reserve was born we have been living under a lie ,The Federal Reserve they are buying bonds directly from treasury this is quantitative easing and that means there is an emergency going on ...says Mike Maloney ....Think about it in terms of Zimbabwe. An ounce of gold would be worth a quintillions of Zimbabwe dollars, but people have hundred trillion Zim dollar notes. You might be thinking of it in terms of the US dollar still having whatever purchasing power it still has. Also, there will be buyers, and? gold can be subdivided.

the currency is not created out of thin air, it is created out of OUR DEBT. the more notes of a currency is created the larger the DEBT. the larger the DEBT the larger the pressure on the real economy. the larger the pressure on the real economy the larger the debasement of our standard of living. oligarchy gets money we get DEBT. they get cake we get shit. I am afraid that oligarchy also controls? a hug amount of gold. if it's so, then they got us by the balls again.
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Marc Faber : Hardly anyone owns any gold

Marc Faber : “I don’t think it is a bubble, but I think the gold market has exploded to the upside recently and the correction is overdue. But as I have always maintained for the last 12 years, every responsible adult should gradually accumulate gold, because not owning any gold is the trouble with government. I don’t understand. People of Bloomberg, I hardly know anyone who owns any gold physically. All of the Bloomberg employees are intelligent people. They listen to the news every day. They make the news every day. Hardly anyone owns any gold.” - In Bloomberg Aug 11
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Jim Rogers : people will take refuge in real assets and gold is one of them.

Jim Rogers : Well, I own gold and I see gold breaking new highs and racing up. I don't like to buy things when that is happening; when gold goes down I will buy more gold. Gold is going straight up, it will probably correct somewhere and I hope it will correct somewhere along the line and if it does I will buy more. Governments all over the world are debasing currency; Yesterday, the US Federal Reserve said it will continue to debase their currency. The more the governments will debase paper currency, people will take refuge in real assets and gold is one of them.
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Selling your Gold Jewelry ?

What's your Gold jewelry is really worth ? What you need to know if you're selling your gold jewelry. 24 carat gold is 100% gold. most of you, however, only have 14 carat gold. if you have 14 carat gold, that gold, the pure gold in a 14 carat gold piece of jewelry is only 58.5%. if you have 18 carat gold, there's only 75% of gold in that 18 carat gold piece of jewelry. so you can't figure it the way that you have been figuring it. also, when they melt your gold down, they lose gold to vapor and evaporation and all of these things, so it doesn't equate the way that you think it has been equating. next, where do you go and take your gold to be sold
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)