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

Video- Adam Vs The Man: 5 10 11 7pm Adam FULL SHOW

Video- USD sinking like OBL to ocean bottom'

Taco Bell: One taco worth more than gold

Infowars.com
March 14, 2011

Media analyst, author and activist Mark Dice pulled through a Taco Bell, attempting to pay for one $.99 taco with an American Eagle 1 ounce gold coin. The employee refused, preferring payment with two Federal Reserve notes instead, commenting that the coin was ‘for collecting.’ The spot price for 1 oz. of gold is at $1428 today, so the worker passed up an absolute steal (depending on policy, she could have paid her company for the taco herself and netted the coin).

Mark Dice was trying to make a point about our cultural ignorance of real money (but of course he was probably relieved not to lose his gold ounce.



The Taco Bell employee is not alone. Back in 2009, when a gold coin was worth about $1100, Mark Dice couldn’t sell the coin to people on the street for $50, $5 or even give it away! In fact, many of the people he spoke with looked suspiciously at the Canadian coin, seemingly uncomfortable even looking at it.

MUST WATCH: IS SILVER A GREAT "INVESTMENT"? [Yep!]

MUST WATCH: "SELL ALL GOLD & PUT IT INTO SILVER"

Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012?

The American Dream
March 11, 2011

Are the “prophets of doom” right? Is a major war going to erupt in the Middle East? Is the price of oil going to $200 a barrel? Is the price of gold going to hit $2000 at some point over the next two years? Is the Dow going to drop to 5000 by the end of 2012?  Right now there are some very respected financial experts that are making some absolutely stunning predictions.  Charles Nenner, Gerald Celente and Lindsey Williams are all frequent guests on popular television and radio shows and they are all forecasting very difficult economic times over the next couple of years.  So are they right?

Well, only time will tell.  But it really is quite alarming that so many experts with such long track records are warning of economic disaster.

So what exactly are some of these “prophets of doom” predicting?  Well, let’s take a closer look at some of them.

In this first video, Charles Nenner, a former technical analyst for Goldman Sachs, tells Fox Business that he is projecting that a major war will start some time around the end of 2012 and that the Dow is going to plunge all the way to 5000….


In this next video, Gerald Celente of the Trends Research Institute tells Fox News that he is expecting a tremendous amount of economic chaos over the next couple of years and that he believes that the price of gold will rise to $2000 at some point.  For years Celente has been boldly proclaiming that “the Greatest Depression” is heading our way and what he is saying now is quite alarming….



In this last video, Lindsey Williams tells Alex Jones that his high level contacts have told him that there is going to be tremendous chaos in the Middle East and that the price of oil is ultimately going to be in the neighborhood of $150 to $200 a barrel.  Considering how correct Lindsey Williams has been in the past this is a very sobering warning….


Read the rest of the article.

Ongoing Dollar Devastation Sends Silver Above $31, Only $18.45 From Hunt Brother High

Tyler Durden
Zero Hedge
Thursday, February 17, 2011

It is good to see that things are back to normal. The now irrelevant, and very soon to be former reserve currency is getting pummeled as stocks go up on 410,000 initial jobless claims nearly 2 years after the end of the recession (and $3 trillion pumped into this hollow scam of an economy), and a guaranteed plunge in margins, but more importantly the Precious Metal complex is back to being a high beta alternative to stocks. Silver just passed $31.10 and is set to close at its post Hunt-Brother highs. In the meantime, the highest intraday price since the early 80′s is $31.2375 from January 3: we are less than two dimes away.



But fear not: the January 1980 high was $49.45. We have only $18.45 to go in nominal terms before this is taken out. At the current rate of dollar devastation we give it a few months.

Chinese Demand For Gold “Explosive”

Tyler Durden
Zero Hedge
Wednesday, February 16, 2011

According to an executive of Industrial and Commercial Bank of China, the world’s largest bank by market value, demand in China for physical gold and gold-related investments is growing at an “explosive” pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, reports Reuters. In other words, what was previously repeatedly reported on Zero Hedge, and by the World Gold Council, is starting to be appreciated by everyone else. Yet in a market in which supply and demand are completely disconnected from price discovery thanks to global central planning, and courtesy of precious metal price suppression by JPM, China investors are able to accumulate gold and other non-dilutable metals at prices that no longer reflect surging global demand. And just like in the US, China is also starting to fall for physical substitute investments: “There is also frantic demand for non-physical gold investments. We issued 1 billion yuan worth of gold-price-linked term deposits in 2010, but we managed to sell the same amount over just a few days in January this year,” Zhou said, adding that such deposits would easily exceed 5 billion yuan ($759 million) this year.” Although in China, unlike in London, these deposits may actually have real coverage behind them.
From Reuters:

ICBC, the world’s largest bank by market value, sold about 7 tonnes of physical gold in January this year, nearly half the 15 tonnes of bullion sold in the whole of 2010, said Zhou Ming, deputy head of the bank’s precious metals department on Wednesday.

“We are seeing explosive demand for gold. As Chinese get wealthy, they look to diversify their investments and gold stands out as a good hedge against inflation,” Zhou told Reuters.

Gold imports into China soared in 2010, turning the country, already the largest bullion miner, into a major overseas buyer for the first time.

The surge, which comes as Chinese investors look for insurance against rising inflation and currency appreciation, puts the country on track to overtake India as the world’s top gold consumer and a significant force in global gold prices.

Oh yes, silver too

Zhou said there was also voracious demand for silver, with the bank selling about 13 tonnes of physical silver in January alone, compared with 33 tonnes in the whole of 2010.

Not surprisingly, China is doing all it can to offload bubble frenzy to its billion plus consumers:

The bank on Tuesday launched its second physical gold investment product, which sells gold bars to investors, which can be resold for cash through ICBC based on real-time gold prices.

The WGC said ICBC’s introduction of this gold investment could lift China’s gold retail investment by 10 to 15 percent in 2011 from about 170 tonnes last year.

For those who think gold is already in a bubble… check back in 1 year.