Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
JOHNSON & JOHNSON (JNJ) Big Pharama AI Mega-trend Investing 2020 - 25th Jan 20
Experts See Opportunity in Ratios of Gold to Silver and Platinum - 25th Jan 20
Gold/Silver Ratio, SPX, Yield Curve and a Story to Tell - 25th Jan 20
Germany Starts War on Gold  - 25th Jan 20
Gold Mining Stocks Valuations - 25th Jan 20
Three Upside and One Downside Risk for Gold - 25th Jan 20
A Lesson About Gold – How Bullish Can It Be? - 24th Jan 20
Stock Market January 2018 Repeats in 2020 – Yikes! - 24th Jan 20
Gold Report from the Two Besieged Cities - 24th Jan 20
Stock Market Elliott Waves Trend Forecast 2020 - Video - 24th Jan 20
AMD Multi-cores vs INTEL Turbo Cores - Best Gaming CPUs 2020 - 3900x, 3950x, 9900K, or 9900KS - 24th Jan 20
Choosing the Best Garage Floor Containment Mats - 23rd Jan 20
Understanding the Benefits of Cannabis Tea - 23rd Jan 20
The Next Catalyst for Gold - 23rd Jan 20
5 Cyber-security considerations for 2020 - 23rd Jan 20
Car insurance: what the latest modifications could mean for your premiums - 23rd Jan 20
Junior Gold Mining Stocks Setting Up For Another Rally - 22nd Jan 20
Debt the Only 'Bubble' That Counts, Buy Gold and Silver! - 22nd Jan 20
AMAZON (AMZN) - Primary AI Tech Stock Investing 2020 and Beyond - Video - 21st Jan 20
What Do Fresh U.S. Economic Reports Imply for Gold? - 21st Jan 20
Corporate Earnings Setup Rally To Stock Market Peak - 21st Jan 20
Gold Price Trend Forecast 2020 - Part1 - 21st Jan 20
How to Write a Good Finance College Essay  - 21st Jan 20
Risks to Global Economy is Balanced: Stock Market upside limited short term - 20th Jan 20
How Digital Technology is Changing the Sports Betting Industry - 20th Jan 20
Is CEOs Reputation Management Essential? All You Must Know - 20th Jan 20
APPLE (AAPL) AI Tech Stocks Investing 2020 - 20th Jan 20
FOMO or FOPA or Au? - 20th Jan 20
Stock Market SP500 Kitchin Cycle Review - 20th Jan 20
Why Intel i7-4790k Devils Canyon CPU is STILL GOOD in 2020! - 20th Jan 20
Stock Market Final Thrust Review - 19th Jan 20
Gold Trade Usage & Price Effect - 19th Jan 20
Stock Market Trend Forecast 2020 - Trend Analysis - Video - 19th Jan 20
Stock Trade-of-the-Week: Dorchester Minerals (DMLP) - 19th Jan 20
INTEL (INTC) Stock Investing in AI Machine Intelligence Mega-trend 2020 and Beyond - 18th Jan 20
Gold Stocks Wavering - 18th Jan 20
Best Amazon iPhone Case Fits 6s, 7, 8 by Toovren Review - 18th Jan 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Silver Explodes, Gold Surges Higher on Fed Money Printing Firestorm

Commodities / Gold and Silver 2010 Nov 10, 2010 - 09:08 AM GMT

By: Larry_Edelson

Commodities

The precious metals markets are going wild even as I write these words.

This is precisely what we recommended investing in with our online presentation that so many investors are rushing to view right now.


And right now, on the spot markets …

• Silver has exploded to $29.03 per ounce, up a full $1.60 — a massive rise of 5.8% just today alone.

• Gold has surged as high as $1,424 per ounce, its highest prices of all time.

• Platinum has been as high as $1,805 per ounce, closing in on the $2,000 level for the first time in the history of any precious metal.

But now, it’s no longer just Bernanke’s $600-billion-money-printing scheme that’s spooking the markets. It’s also the …

International Furor and Blind Rage He’s Triggering Around the World!

Germany’s Finance Minister Wolfgang Schäuble, says, “U.S. policy is clueless.”

China’s Finance Vice Minister Zhu Guangyao says that the U.S. is ignoring ” … its responsibility to stabilize global markets and did not think about the impact of excessive liquidity on emerging markets.”

Russia has joined the assault with officials saying the U.S. Fed should ask permission from other G-20 members before cranking up the printing presses. “Russia’s president will insist,” says the statement, “that such actions are taken with preliminary consultations with other members of the global economy.”

Brazil’sFinance Minister Guido Mantega has warned of a global currency war and predicts the Fed’s move will be ineffective, saying, “Throwing money out of a helicopter doesn’t do any good.”

South Africa’s Finance Minister Pravin Gordhan, a prominent voice among finance officials from emerging economies, said the Fed’s move was “disappointing” and that it undermines the whole spirit of the G-20 meetings.

Meanwhile …

DallasFed President Richard Fisher, a frequent critic of Fed policy is warning that QE2 risks further declines in the dollar, more market speculation, higher commodity prices and a loss of credibility for the Fed.

Even Sarah Palin is publically demanding that Fed Chairman Ben Bernanke “cease and desist!”

Investors hate this controversy and turmoil. When they see it boiling up, they naturally rush to silver and gold.

Plus, in addition to the precious metals, this is generating enduring, long-term opportunities in emerging markets, currencies and more.

Make no mistake: This intentional gutting of the U.S. dollar’s value will be THE #1 factor in every investment decision you’ll make for the next two years and beyond.

The time to protect your wealth is now. The time to harness this trend to go for substantial profits is also now.

Turn up your computer speakers and go to this page for the comprehensive audio-visual presentation we’ve crafted to help you protect your wealth and profit.

Best wishes,

Larry

This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules