chux08

Gold Transforming into a Completely Demonetized Wealth Asset

Gold is...risky?? Not if you buy weakness, when the price is going down and sell into strength, when the price is going up. (It sure sounds....easy.) It's good to know your limitations but I completely disagree....and so might the guy who says:

"Gold is the world's lowest risk investment. Gold has the lowest risk and perhaps the most reward".

And who says that??

Stewart Thomson from gracelandupdates.com

Richard Gray on the Two Real Drivers Behind Gold Price

"IAMGOLD and their niobium mine....."

That's funny because before today I don't think I ever heard the word. But I was just reading about a historical resource estimate of that very substance at Ucore Uranium's website, where they say they have a 96 million pound resource of niobium (among other heavy REE's) at their Bokan Mountain REE Project in Alaska.
www.ucoreuranium.com/ - just scroll down to see it

Not a Drop to Drink: Three ETFs for Future Global Water Shortages

Another good example of why I like the way you think....
Great article, Joseph!!!

Chinese Citizens Significantly Increasing Gold and Silver Ownership

While the Chinese government encourages their citizenry to purchase and hold gold and silver, what are the paper-pushing crooks at the FED and the US Treasury recommending??

David Einhorn on That Barbarous Relic, Gold

I get a kick out of those that always look at a gold chart I guess for guidance on where we may be going before purchasing any gold. The chart you should be looking at is that of the US dollar. And when a friend showed me a gold chart the other day, to dramatize my point, I took his chart and turned it around and I'll be dammed it looked EXACTLY like the dollar chart!!! Anyway, if it drops much any further, Halloween won't be the only SCARY thing happening at the end of October....
Buy some physical gold and/or some shares of mid tier or major gold producers, but do it quick. Don't wait for the herd. Get yourself and your money....ready NOW!! Before the dollar crisis is upon us.

Is the Gold Rally Overheated?

"Citigroup (NYSE: C) recently put its stamp of approval on gold, announcing an increased six- to 12-month estimate for gold prices from $975/ounce to $1,025/ounce. The decision was based on a weakening U.S. dollar, increase in investor demand and diversification of the dollar reserves and portfolios."


Hmmmm.....from one of their own too. No wonder they're going to go bankrupt. The Forces of the Dark-Side over at the FED can't be too happy about this!!! What's next?? Citi selling gold and silver bullion like some two bit bank in Canada??

Why Are Large Hedge Funds Investing in Gold?

Why Are Large Hedge Funds Investing in Gold?

After the dollar falls off the cliff....what's left besides gold (PM's) and other commodities?? That's why you want a position in some of these mid tier to major gold producers NOW. Soon as these hedge funds and even the public are frightened out of the dollar (which is looking just kind of scary right now), they'll be looking at getting into gold for the same reason everyone else does. Once the physical market is empty (don't laugh as some of these hedge funds have more dollars/money than the complete gold market is worth) and they start to pile into anything golden, the price of these stocks will SKYROCKET. Don't trade them...just accumulate, hold and enjoy the ride! Right now they, like the Chinese, have to be careful not to buy so much gold that they actually move the price. It wasn't long ago some Chinese Minister of Finance I think said something to the effect that yes, they like gold but they have to buy carefully as every time they do buy, the price goes up. On the other hand with an extensive and ever growing inventory of paper FRN's, they have to be careful there too so they don't get left holding the proverbial (dollar) bag. Oh yes....choices, choices....and everyone has some to make!!

3 Mining Stocks to Hedge China's Rare Earth Policies

Just yesterday the Honorable Senator from Alaska had a comment about the strategic value of REE's. Do you think she was talking about a Canadian REE deposit? She was yakking it up about China's seeming lock on this market and what the US government could do to help this small but vastly important and under-developed REE market. But the most interesting thing of all was that this was posted on Ucore Uranium's website and that's interesting because they own the Bokan Mountain REE Project on the Prince of Wales Island near Ketchikan Alaska, which is among the largest Heavy REE deposits in North America. It's on the same property as the Ross Adams uranium project, which is Alaska's high grade, ONLY past producing uranium mine as well. Multi-commodities located on the same property. They're currently waiting for assay results from their latest drill/exploration program. But if you're looking for an investable (unlike Molycorp's Mountain Pass Project, which is a private company) American REE project, that list is mighty short. Besides Ucore, RES has the Bear Lodge Project in Wyoming but I can't think of another REE project on American soil that's has as much PRIOR US government study and importance as Bokan Mountain. Check em out for yourselves.

www.ucoreuranium.com/

Silver Wheaton: Growth Coming from Every Direction

As an HAPPY, LONG TIME investor in Alexco Resources (AXU) I know Silver Wheaton paid $50 million for 25% of the silver stream from AXU's future silver production at their Bellekeno Project in the northern Yukon, to get that mine into production. This decision is near though not made formally yet but they're fooling nobody by pretending they're still thinking about this. You have enough money now with SLW's....contribution of $50 million dollars to bring one of the richest silver ore deposits (over 60 ounces of silver per ton of rock) anywhere in the world fully into production and these guys are still thinking about this?? Ya right....
It's probably not as large as some of their other royalty earnings but to Alexco, SLW played a key role in helping this company in becoming a highly profitable silver producer.

Check Out the Kitco Gold Index

Instead of wondering and worrying about what gold is doing, I prefer to see and look at a good old fashioned dollar index chart. It's steady decline is a constant reminder of why I add to my gold stock portfolio and buy more physical metal whenever I see it doing what it seems so likely to keep on doing. This latest work from Kitco should be ignored as it's doing nothing except adding....noise to the situation. Though not quite as much as that loud mouthed, know-it-all, so called analyst of theirs, John Nadler. It's a toss-up which I despise more...

GDX: A Catalyst for Junior, Emerging Miners

And if nothing else, van Eck has done a bit of your DD and research in coming up with this list that you could use to choose which of these you'd want to add to your own portfolio. I would probably do a bit of sub-dividing and come up with a list of those who are actual producers and those that just own a desirable large deposit somewhere. And right now, the only addition to my own portfolio would be in the mid tier gold producer category. Northgate Minerals and Great Basin Gold were in fact added this past week and I'd be fibbing if I said this list from van Eck didn't partially influence my decisions. It's a good list that offers a great place to start looking for viable juniors that you may choose to invest in, either by buying into this ETF itself when it comes online or by looking these companies over and doing further DD BEFORE you actually invest and choose only those YOU like. Hey...if it's good enough for van Eck, it should be good enough for just about anyone.

Gold's Real Inflation Adjusted High Is $7,150/oz

(GLD) = paper gold
(SLV) = paper silver

(GTU) = physical gold bullion backed Canadian based shares
(CEF) = physical silver (and gold) bullion backed Canadian based shares

I KNOW which I prefer and it ain't paper posing as real issued by Wall Street....

The World’s Biggest Gold Reserves

Figures lie and liars figure....or something like that.

As for the US gold hoard. Is that the one located in New York or is the hoard located in Ft. Knox the one they're referring to here?? Maybe....this gold has appeared in BOTH places or maybe it's at neither. Only the tooth fairy, Sasquatch, Jimmie Hoffa and Ben Bernanke know for sure and right now none of them seem to be talking.
It's almost pathetic that the Chinese government is recommending that their citizens buy, invest and hold gold and silver bullion, while the crooks at the FED and on Wall Street would have you believe that more of their T.P. (treasury paper but your first impression, toilet paper is more correct) is what Americans need to make them financially....safe. Which leaves me to wonder here who the tyrants in government really are.

Dow Breaks 10,000 for 26th Time While Gold Shines

"In 30 Years Gold has done nothing"

Gold has ALWAYS done exactly what it's supposed to do and that's to preserve your wealth & buying power and it's been doing it for what? 4000+ years now or so??.

In the 30 years he mentions, what has the dollar done? Here it is on the brink of failure just like EVERY OTHER paper currency known to and tried by man. I believe Voltaire (1694-1778) had it right when he said: “Paper money eventually returns to its intrinsic value ---- zero.” And that's the one undeniable truth we can ALL take to the....proverbial bank, Great White included.

An Interesting Alternative to Gold

If this is how you're "investing" in gold, you're really not.
(GLD) is paper gold and as such is a fraud and a scam. And while it does an adequate job of tracking real gold, that's about all it does.
The alternative of choice is (GTU). Stay away from GLD and (SLV) (which is paper silver) and instead look at GTU and (CEF). Real is real and GLD and SLV are nothing but fictitious financial instruments created to defraud their holders while wrecking their respective PM markets. What junk!!