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Emmet Kodesh

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  • Art Buying Binge A Red Flag For USD And Equities: A Plus For Gold [View article]
    The Mexican tax was passed with 78 articles of amendment so it is not yet fixed in stone. If they chase out miners, production will drop further and prices... take care
    Nov 17, 2013. 12:41 PM | 3 Likes Like |Link to Comment
  • Weekly COMEX Gold Inventories: Registered Gold Hits A New Low At Under 20 Total Tonnes [View article]
    Excellent article: key point clearly stated. The oligarchies that rule the West are and have been managing the shift to a multi-valent, "multi-cultural" world. As often has been noted, they do not affiliate themselves with their own or any nation: they are concerned with facilitated global management & wealth consolidation events. Check my archive for my own discussions of these points & thanks again to hebba for a crucial piece.
    Nov 11, 2013. 12:52 AM | 3 Likes Like |Link to Comment
  • Skewed Rhetoric On Metals And Markets Obscures Best Plays [View article]
    Thanks, people, for the appreciative comments and good points. Ken, after the Nov 2014 elections when the need to mislead will lessen. Take care.
    Oct 10, 2013. 10:51 AM | 3 Likes Like |Link to Comment
  • Bear Sighting: Will The Fed Rescue The Markets? [View article]
    They massage the market with talk which supplies narratives to main media. That QE harms the economy is not difficult to discern. When anyone says data, if they mean "official stats" they are misleading at best. As to what they will do short term, they probably have not decided. Mid to long-term their is little reason for optimism re goals of those steering the Titanic. Hope for the best, prepare for the worst.
    Aug 20, 2013. 02:19 PM | 3 Likes Like |Link to Comment
  • How Much Longer Until Stocks Fall Down? [View article]
    This article is reasonable but deficient in examining macro situation or referencing other experienced analysts and managers of huge fund families (like Jeffrey Saut of Raymond James who sees a 5-10% correction Q3). Those reading might find useful my writings on non-correlated (low 'r') asset classes and the sectors that will be strong going forward. Yes, as above, it is a prudent time to increase cash position. There should be fuller treatment of the underlying weakness of housing sector which any one of several factors could tank. I discuss this regularly. kudos to eric ...
    Aug 10, 2013. 12:59 PM | 3 Likes Like |Link to Comment
  • China Maneuvers To Take Away U.S.' Dominant Reserve Currency Status [View article]
    Good comments: what needs to be understood is that our "controlling oligarchy" is NOT being 'outsmarted' in this game but for decades have been building china up (& tearing down USA) to establish a triad world system for perpetual attrition and impoverishment. As I've often noted, since the betrayal of China in 1949, the "opening" to china 1973, admission to WTO & UN Sec Council, etc, while turning US into a service economy & destroying its demographics. Russ, great article. All reading and commenting here should be reading mine as well. Good luck to us.
    Jul 27, 2013. 02:20 PM | 3 Likes Like |Link to Comment
  • Thursday's Action Suggests Silver Is Worthless But Is It? [View article]
    Good piece, Chris. You make all the key points and they are sound. Yes, PSLV and SLW are the choices if choosing one among their classes. Thanks for sending the link. Let me return the favor for any who might be interested:
    Again, nice overview; there probably will be another plunge or two but both market conditions and fundamentals will bring a rise that at least approximates the realities of supply and demand. And yes, as the previous reader noted, the banks now are heavily net long. Let us hope for some sanity.
    Jun 28, 2013. 03:06 PM | 3 Likes Like |Link to Comment
  • 2014 Recession? Outlook And Allocation [View article]
    If you review my writings you will find many examples and much discussion of how increasing micro-management of social, fiscal and economic policies, indeed of most relations characterizes the modern period. It is a focus of my scholarly writing. This quality is inherently destructive. Moreover it is difficult to see it being reversed. Thanks for reading.
    Jun 12, 2013. 11:41 PM | 3 Likes Like |Link to Comment
  • Will Gold's Future Price Be $2,154 Or $984? The Equation That Drives Gold's Returns [View article]
    Indiana and everyone: you're on target. The impressive credentials don't hide the lack of pertinent discussion. Bitcoins? Perhaps you could look at the recent comments of Dr. P. Malmgren (look up her credentials) in my recent article and others in my archive.
    Indeed, in modern academia much energy is expended in all fields to
    'prove that the world is flat' & that massive CB and retail buying don't matter, comex doesn't matter, etc.
    Jun 11, 2013. 12:20 PM | 3 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 6........ [View instapost]
    Curls, this is an interesting thought: a steady drip of anaesthetic and then a full dose in the 'main nerve.' It is likely that the entire QE - fiat apocaplypse and replacement era is for the purposes of a "wealth consolidation event" as I call it. There are analogies from many areas of culture. Try this recent piece for a useful view. The fundamentals have not disappeared though they are eclipsed by spin just as a squid squirts ink or jets spew chaff.

    Values fill the PM miner space, one just has to have a strong stomach and patience since major players like to buy low.
    Jun 10, 2013. 02:34 PM | 3 Likes Like |Link to Comment
  • Turquoise Hill And Rio Tinto In Spotlight As Oyu Tolgoi Gets Ready To Rumble [View article]
    This article was supposed to focus on TRQ. You haven't done your home work. The main issue is the Mongolian govt, its intentions, if it knows itself what they are and the upcoming election of which you seem unaware. No mention of So Gobi Resources which sheds much light on a nearly opaque situation or the nature of Oyu Tolgoi and players like EGI.
    You could look at Jon springer's site or articles by other writers....
    May 11, 2013. 11:32 AM | 3 Likes Like |Link to Comment
  • Gold And Markets Married By Fiat: PM Collapse Precedes Markets [View article]
    You fellows should argue with John Hathaway, Michael Pento, Jim Sinclair, John Williams and many others. Are Robert Fitzwilson, managing an investment firm for 33 years, not a pm fund, and John Williams "talking their book"? I'm looking at the #s, e.g. retail sales and PMI; also at the "permanent open market operations" and other interventions: they are fact, not someone's opinion. By all means, jump into the market: everything is fine. I provided a nuanced view. Good luck.
    May 8, 2013. 10:50 AM | 3 Likes Like |Link to Comment
  • New S&P 500 Price Target: 2001 [View article]
    It is a fine article; I agree, Norman and have sought to explain in numerous pieces that this is a cyclical bull within a secular bear. There are many "jokers" built into this rise. And to Rick's point below, I agree and have worked into several titles that the main problem is from "irrational exuberance" and "euphoria" about the new highs built on liquidity/debt. Two other points: one should read John Williams on true inflation and jobless numbers; 2) investors in PMs should avoid the paper contract etfs (GLD, SLV, etc) and buy physical asset-backed. The paper vehicles facilitate gaming the system... Moreover, the index highs still are nominal highs. Look at deteriorating retail sales & PMIs.
    May 6, 2013. 03:46 PM | 3 Likes Like |Link to Comment
  • Gold's Crash, Europe's Woes Signal Global Decline: Companies To Watch [View article]
    As I noted briefly toward the end of the piece, there is enormous and increasing demand for precious metals among Asian (& not only Asian) CB's and individuals West and East. The volumes are high & rising with inventory shortages and Au selling at premiums in Hong Kong and Shanghai which now have their own exchange. This is part of the multi-faceted shifting of wealth from west to east I've described many times. It also, as noted in last paragraph above, sets up potential good landing via the new currency - basket backed by Au described by OMFIF. Check the link or search it directly.
    Apr 22, 2013. 09:44 PM | 3 Likes Like |Link to Comment
  • Are You A Scared Silver Investor? [View article]

    Andrew Maguire who used to monitor LBMA reported Friday that in March China bought 283 tons Au, the first 8 days of April 117 tons and on Friday after GS called for collapse and short-selling (paper), they bought another 20 tons. 500 tons worth of paper sold Friday.
    It would be interesting to see avi at a round table with Michael Pento, Eric Sprott and Jim Sinclair and see how long they would sit quietly while the genius expounds his theory & 'demonstrates' to them that they are fools.
    Sprott just initiated a joint venture w China gold mining giant Zijin for a $500 mn facility to trade PM and minerals.
    Apr 14, 2013. 01:23 PM | 3 Likes Like |Link to Comment