Silver up 4.2%, Gold up .5% / India Gold imports / Channel update

In this video I talk about the markets, silver and gold, a technical traders view on silver and gold also I go on to talk about the Bombay Bullion Association, India's gold imports, my trip and my channel update. I hope you enjoyed the video. I'll be posting different content from now on. Just watch the titles and click on the videos you want to watch.

Xbox360Expendable gamers club I'm in direct youtube channel link:http://www.youtube.com/user/Xbox360Expenable

Category:

News & Politics

Tags:

• silver
• gold
• bullion
• collection
• Bombay Bullion Association
• India
• imports
• metric tons
• gaming
• channel update
• technical trader
• eurozone
• euro
• debt
• greece
• GDP
• durable good orders
• new videos
• physical
• american flag
• fiat
• currency
• crisis
• collapse
• hyperinflation

[jaingxu]

I've been buying copper bullion. I just bought two rolls of 1oz copper american eagles on ebay. I have 350 oz of copper bullion. I heard from Bob Chapman int forecaster that in 1987 that copper was 58 $/lb, right now it's around 4 $/lb I believe. I feel like the copper bull market is a bigger play long term than silver.

[cvenzke410]

@jaingxu I do see your point, LONG term but I do have to give some input into this a bit. Copper and silver have the same problems in the near term because the investment public sees them as primarily an industrial metal. So, if the economy slows down or the market crashes once again. These two metals will get hit quite a bit. Like I said in the video, LONG term it isn't a bad thing to think about or at least worth holding some.

[Drav1212]

Silver spiked up b/c comex decrease its margin requirements, after increasing it previously.

[cvenzke410]

@Drav1212 Yep, that is a trigger that made them rise too.

[InferiorFiat2001]

I'm a Bears fan, but I guess I can be a subscriber. LOL. We have something much more important in common.

[cvenzke410]

@mstone05 I agree, there won't be a next time to take profit to maximize ounce weight holding cause that will be the big price spikes we all have been waiting for. I totally agree, there won't be a next time to do this.

[cvenzke410]

@mstone05 Well it must of been a good call because the prices are down and I'm buying back more than I had before so I'm not sure where your coming from? As it comes to mining stocks, if that's what your basing the thought upon, then ya. There are more speculators in the stocks than in physical so that would make sense.

[TheyKNOWandYOUdont]

I think you are an honest guy...and other than you and Peter Grandich no else said to sell a portion of your silver...I heard those vids and sold on that Saturday at 48.00 and 49.50 on my ASE...then it drop almost 6 dollars over night...and then when it went to 35.50...I went and got it all back...LOL,SWEET!

But I would rather hold Gold...because if there is any other system coming..I believe Gold will be part of the Backing...along with Oil.

Keep making the videos..I like hearing your take.

[gerryboy3699]

good video cvenzke , glad some youtube silver bloggers are keeping their cool.