Friday, April 19, 2013

Weekend Chillout - Gold Rush

OMG what a week that was! ABC Bullion had its busiest week in its 40 year history, never have we run out of all of our primary gold products before, never has our affiliate refinery had to work overtime and weekends to attempt to keep up with demand for gold and silver.

Thank you to all our very patient and understanding clients that stood queuing for up to 2 hours just to get into the waiting room. A huge thanks to all my co-workers at ABC Bullion and our partners at Custodian Vaults - what a team! even if we did want to kill each other at various points during the week, but working, standing and rushing backwards and forwards for 10-12 hours per day for 5 days straight will do that to the best of us.

For all the Gold lovers this week:

Nigel Farage on Gold and the EU

Nigel Farage comments on the recent fall in the price of gold, government thieving in the Eurozone and the legacy of Margaret Thatcher. List to the KWN interview here

A Rotting Apple

If you think Gold and Silver investors have been having a tough time of late, it is nothing compared to the paper bugs that bought Apple shares. Truely why would anyone buy shares in a company for $700 each that makes computers and phones for people not cool and smart enough to use Linux?

What is the fair price for Gold?

If you really believe gold is only worth $800, you know about $400 less per ounce than it cost to mine, then I'll gladly buy it off you. Then you will be free to go buy some beautiful coloured paper or maybe some CDS, MBS, CFDs held by a nice brokerage firm run by men with nice beards.

Gold is many things to many people, to me it is a hedge against men with nice beards.

Jon Corzine (former CEO of MF Global)
Ben Bernanke

Keiser Report: Gold Theft in America

From RussiaToday

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss innuendo and paper causing a virtual theft of paper gold in America and a stampede into physical gold in India. They also discuss the five wise guys of Angela Merkel who plan on 'bailing in' some property owners in Spain should Spain require a sovereign bailout. In the second half of the show, they talk to Ed Harrison of about confiscation and German opinion on Europe.

Follow Max Keiser on Twitter:

Watch all Keiser Report shows here: (E1-E200) (E201-current)

Max in his report refers to the 20 year high in the Gold price in Japanese Yen set 10 days ago on the 9th of April 2013. See charts below, Max is not making this up.

Max Keiser vs Daniel Knowles on price of gold