Peter Schiff’s weekly podcast. This week IMF sold 200 metric tons of gold to India’s central banks. The move resulted in a $25 jump in the price of gold setting a new all time high of $1080.

The fact that india is willing to step in and pay an all time high for a massive purchase of gold shows you that there is sign of the gold market weakening. If anything it proves that gold will continue to rise for some time. Gold $2000 here we come!

As people lose confidence in Fiat Currency and the Federal Reserve a Private Banking Corporation that prints our money and cripples the American people with MASSIVE debt, Store owners begin to accept silver and gold for payment. The first is located in Southern California where the recession has taken the hardest toll on the people and the economy.

Americans: An Unlimited Gold Mining Opportunity” Sad But True

This is George from InflationUS giving you the inside story on how to get started buying scrap gold.

Stop buying gold over spot prices and start getting the wholesale prices. Instead of buying from coin shops and on eBay, you should start buying below spot. Stop being the consumer and start being the retailer, or more simply buy and sell directly with the people.

By being part of the gold trading network you can get a referral fee. Sometimes up to 10% of the sale which can add up to be quite alot of money. You can use craigslist, internet, and local businesses to promote yourself. People have lots of spare gold around and they need cash, and there are people on the other side of the world who are just dying to get their hands on gold.

To sign up for more information you can visit: LocalGoldBuyer.net