Showing posts with label Gold Market. Show all posts
Showing posts with label Gold Market. Show all posts

Monday, May 24, 2010

Glenn Beck Clobbers Gold "Weiner"

Glenn Beck in an interview with Bill O'Reilly made New York congressman look just what his names says he is, a big "Weiner," as proof of the quality gold company Beck represents was given, and obviously this clown is running for cover.

The worst thing about it is that Anthony Weiner may have been backed by some higher ups to make Beck look bad, and he's the typical leftist, socialist who believes he has the right to tell Goldline, the company in question, how much profit they should make on their antique coins.

Since when did the big Weiner get some expertise in business and the gold market? All types like him can do is push to tax the productive to redistribute their money in the usual socialist wet dream of a utopian society.

So what type of rating does Goldline have in the industry? According to the New York Times, it is A+.

This was a stupid move by Weiner, who is losing all credibility in the attempted oppresion of Beck, and is looking unusually stupid, even for an anti-business liberal, socialist like he is.

Tuesday, April 6, 2010

Jim Rogers: Don't Buy Gold

Jim Rogers who is a bull on commodities throughout the next decade or possibly more, has stated recently that he wouldn't acquire any more gold at this time, as the price has surged and could go sideways for awhile.

At the same time, Rogers said he won't be selling any of his gold for some time either.

Along with the high price, speculators have now entered the gold and oil markets, and they could drive prices up for no reason, and those investing in gold could take a hit as a result, as it may not be market forces but speculation moving the prices.

Rogers advises commodity investors to invest in commodities at lower price levels like natural gas and silver.

Thursday, October 1, 2009

Fed Admits “Gold Swap Arrangements”

Ron Paul has been pressing the Federal Reserve concerning its outrageous practice of interfering in the gold market through “gold swap arrangements” with foreign banks.

Not only is this an outrage to investors, but the entangling alliances brought about through these arrangement aren't currently under any oversight; one of the reasons the Federal Reserve has been battling Ron Paul so hard on not being audited.

Federal Reserve Board member Kevin M. Warsh recently replied to a request from a lawyer of GATA under the U.S. Freedom of Information Act. concerning these gold swaps, saying, "In connection with your appeal, I have confirmed that the information withheld under Exemption 4 consists of confidential commercial or financial information relating to the operations of the Federal Reserve Banks that was obtained within the meaning of Exemption 4. This includes information relating to swap arrangements with foreign banks on behalf of the Federal Reserve System and is not the type of information that is customarily disclosed to the public. This information was properly withheld from you."

We need to get information from the Federal Reserve on these gold swaps, and also find out what else they are hiding.