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Interesting Times
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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
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  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $58,454.95 $158,454.95 58.45%
    ** 2nd ** FearandGreed $24,457.99 $124,457.99 24.46%
    * 3rd * IT $19,098.49 $119,098.49 19.10%
    4th CoinsK $17,555.61 $117,555.61 17.56%
    5th John Wilson $15,901.14 $115,901.14 15.90%
    6th User7415481 $11,790.88 $111,790.88 11.79%
    7th Krustyman $10,055.34 $110,055.34 10.06%
    8th JohnBinTN $9,706.28 $109,706.28 9.71%
    9th ExtremeBanker $9,237.37 $109,237.37 9.24%
    10th Windwood $9,231.65 $109,231.65 9.23%
    13 Mar, 07:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Last chapter I read where WMARKW was tossing an idea around to sell gold and buy silver.

     

    In my RLP I am weighted much heavier in physical silver then gold. It was my due diligence that silver would be the better investment over time.

     

    My break even on silver is below $20 bucks..
    13 Mar, 07:40 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Ok, so when do the buying opportunities start ?

     

    I know this blog has slowed down some but my intentions are for daily discussions about anything.

     

    I do have concerns about China, Russia, our Economy and I firmly believe they impact these markets.

     

    Thoughts?
    13 Mar, 07:46 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    The Graph on SA's home page today concurs IT,good evening.
    13 Mar, 07:48 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5715) | Send Message
     
    There's that Top Ten list again...

     

    Please do not publish the Bottom Ten...need time to regroup and get out of the red...spring moves should get me back in the green, if not, at least the weather outside will be better!

     

    (APPY) jumped today and my RLP enjoyed a nice gain on a day dotted with red...finally exited out of (GALE)...speculation did not pay off and will use the loss for tax purposes...can't make too much money, you know...

     

    Driveway plowed again...hoping this is it for the season

     

    A good evening to all...
    13 Mar, 08:11 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Hey Al

     

    My (UGAZ) has really dropped. It's gone down 15% on me. I was thinking of selling it. When I think of selling a loser that means that it must ready to go up again, so I am not going to sell it now. I am my own contrarian indicator.

     

    Now I am wondering if I should buy some (UNG) in my investment account.

     

    IT, do you have any IT FIB reading on natural gas?
    13 Mar, 09:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » JW

     

    The *IT FIB* just sent out a message to abandon my complex. I had Chili for dinner :)

     

    So natural gas is not a shortage where I live !
    13 Mar, 09:54 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    John Nat gas is tricky,you are better off with the distributor just watch (UIL) in my portfolio,one of the distributor's just bought Philly municipal,couldn't handle it either.
    13 Mar, 09:58 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    IT is the only one going to make out on Nat Gas.
    13 Mar, 09:59 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    John Nat Gas is not going to take off like petrol but more specialized just look at the jump in the fuel cell's (PLUG) (FCEL) you don't raise a buck for nothing,Sikorsky generates it's own electricity & (UIL) provides the liquid a regulated CO...NG Is all about timing and present time demographics which seems to be the confusion in today's market,Due to the ever changing mix and we just came off the hardest winter in 10 years no guarantee for next year for an NG spike,supply must be high and demand varies,(D) would be a good choice due too liquid NG export permits and terminals just coming on line.
    14 Mar, 08:27 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Did Kiev really send their gold to the USA for protection? No wonder Kerry was sent there..

     

    Magically that will disappear too! You would think the Germany fiasco would have taught them a lesson..
    13 Mar, 10:06 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    IT, There are many countries that send their gold to the US to hold because they can't trust their own military to guard it. That is part of the reason no one is allowed to inventory our Gold a Ft Knox. It would show WAY more than the US has claim to. Now their money goes to the Caymans or wherever. As bad as the US is, we DO have a stable government that is unlikely to be overthrown by a military coup. Our Bankers and Wall St. would never allow it!!
    17 Mar, 09:32 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Warrior

     

    Yes, but why not let the German Bundesbank just get an audit for their own gold?

     

    Do you really think there is "way" more gold in Ft Knox than the US has claim to?

     

    Maybe our government already has had a military coup and was overthrown -- like in November 1963.
    17 Mar, 11:20 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Do you remember where you were when you heard the announcement?
    I was in Math Class
    I'm not worried about conspiracy theories, You cannot keep a fart secret anymore. I just put 1 foot in front of the other, and wait for the Big DEROS in the Sky, like I have since I was 18
    18 Mar, 02:52 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (554) | Send Message
     
    Good morning all;
    Sure do enjoy reading you guys. Anyway, so happy we have March Madness going on, watching stock stuff all day is getting pretty old, besides it does even make me any money either.
    Am really partial to the womens game. Love 'em or hate 'em, you gotta admire my Lady Huskies. I prefer the womens game for several reasons. 1. They are prettier than the guys. 2. They stay in college for the long haul & actually graduate. 3. They usually play like they enjoy the game.
    Stock stuff? My tiny IRA composed of only AUY, GPL & EXK [and a couple others worth mere pennies}, is up like 48% since Jan 1. Am hoping to get into the green soon.
    Gotta go make another cup of coffee. Dang I do make good coffee.
    14 Mar, 08:17 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    I've only been in this Challenge a month, and had I not let 1 stinking stock lay on the table too long, I would be far ahead of where I am.
    In RL, I would have had the position hedged, but we can't do that here except to buy short ETFs. DDD was never supposed to be on my BUY list, but I got in a hurry and skipped the DD on it. Very Costly. I went from I think a high of 11th one day, down to 17th and now I had to reset all my positions off an old Article. I am buying and selling according to the Market Maker Trails that Peter Way has found a way to track. In all my previous tests of stocks from his articles, I average ~20%/Q, but now I have to make up for a lost month. On the bright side, I never bought 3D in my RL account.
    18 Mar, 03:06 AM Reply Like
  • WMARKW
    , contributor
    Comments (10454) | Send Message
     
    China. I go there about 10 times a year. (too much travel for me) but there is lots going on. Time mainly in Shanghai and Hong Kong.

     

    If you want to see capitalism in operation......go to Hong Kong. That is an utterly amazing place. Shanghai has all the evidence of capitalism going as well. You will see more upscale cars there and in HK than you can imagine. There is a definitely a very wealthy group of people there. I can't tell who they are or how they got their wealth. My suspicion for mainland is that many on the inside have profited handsomely from the "opening" of China to business and so on.

     

    Education skills are generally good. We have no problem finding qualified people to work who speak English at modest to excellent levels. Mid level compensation in both places is comparable to that in US. Lower level positions pay less than in US. In some cases, it amazes me what people are willing to work for.

     

    Urban transportation is pretty well advanced and you can get around pretty easily. Freeways in Shanghai and HK are pretty well advanced as well. In SH there are many very elevated roads....as much as 5-8 stories tall. It's amazing.

     

    Lots of interesting architecture as well.

     

    Generally, problem solving skills seem to be of lower level than you would generally find in US. I think we have more history of those thought processes, and I think their education systems is much more about rote learning.

     

    I am concerned that 10 or 15 years from now, China will be such a massive economy and power, that the US will fade into history as a "has been". The only way I see to counteract this is for US to excel at the highest levels of learning, creativity, and business development. Creating is one thing. Copying is another. The two are very different.

     

    My 2 cents for now.
    14 Mar, 12:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » WMARKW

     

    Great points for someone with boots on the ground.

     

    Thanks!
    14 Mar, 05:36 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    @WMARKW
    I cannot imagine that the US will fade away that quickly, as people here just control too much wealth. That said, we probably won't be the largest economy unless we get some manufacturing back.
    You didn't mention the pollution in China. My understanding is that reducing pollution there is high on the population's mind, and will be rather costly to clear up. It might slow their GDP down once/if they seriously address it.
    I have spent considerable time in Asia, but never in China, and my impression of the people is that they are quite hard workers; but as you say, there is some sort of <maybe call it creativity?> I don't know. It's not lack of intelligence nor motivation to work. Perhaps it's a cultural thing about "Rocking the Boat". I have not been to Japan since the 70's; but back then, no office workers went home until the boss did. Now do not misunderstand me, there has been much creativity coming, at times, from every corner of the world, I just think that there will always be a strength of will here in the US that will keep us in the running as an economy despite not having the largest population base or Market.
    17 Mar, 09:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » WEEKEND WARRIORS..

     

    Anyone have an opinion on this article I found interesting about Countries dumping our US Bonds..

     

    http://seekingalpha.co...

     

    Thoughts?
    15 Mar, 01:31 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    IT
    Have to agree with the author of that article on T-Bills. Even 2-3 Trillion dumped would be absorbed rather quickly.
    I seriously doubt China wants to get involved in Euro type affairs, they have Asian affairs like claims on the S China Sea to be higher on their list.

     

    Certainly Russia has a history of using low level "Semi-important" people to float threats just to gauge reaction. In this case, one big yawn.

     

    The US's largest export product-Agriculture will have markets somewhere. It is the one thing that will always underpin our economy, and something that we can always find a market for. Modern US Agriculture is actually only minimally labor intensive. I was raised in Kansas, and when you see the huge harvesters wipe out a section of wheat in a couple hours, you'll understand our inherent efficiency there.
    17 Mar, 10:13 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    US Bonds have self defensive mechanisms built in like the confidence of your understanding of gold,Once you sell their is no guarantee.
    15 Mar, 01:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » AND AN ARTICLE FOR THE METAL BUGS..

     

    http://seekingalpha.co...
    15 Mar, 02:11 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    You know what your doing IT Gold is a special (theirs no words).
    I sold dang high and bought UI low am using the portfolio to follow something,i held dang for over two yrs and knew ui was going to buy philly the highs and lows coincided,already made out at both ends,when one knows their commodity,good to see leadership back in the top 3.
    15 Mar, 02:24 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Ignorance is bliss,knowledge is power! History rhymes and pigs get slaughtered!
    Here are some historic articles that have some parallels to the recent past,the present,and maybe unfortunately the future.
    Don't expect too many people to read those articles and that's ok ! For those that do,please click the like button in order to let me know if it's worth my time to share that research,otherwise I'll keep that to myself in the future. Thanks
    http://slidesha.re/1fZ...
    15 Mar, 10:19 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Here is another article of the financial crisis of 1907, yes that's right 1907 not 2008.
    http://bit.ly/1ioV5lP
    15 Mar, 10:22 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    And ( drum roll) ,the great financial crisis of 1914!
    http://bit.ly/1iOaYR5
    15 Mar, 10:27 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    After reading (scanning really) the first article, it struck me that Gold became an instrument of trade due to the need for one, and by default because of the limited supply. That very limited supply was what eventually made Gold obsolete as the major trade vehicle, and for a while it was the BP, now the USD. The danger of our overproduction of dollars may move the Euro into the lime-lite next if we do not reduce deficits, as the "Trade Vehicle" must meet certain standards.
    1 There must be a limiting factor on the supply to give it value; but there must be enough of it to provide the liquidity needs worldwide.
    2 It must achieve recognition for stability, such as governments not being overthrown.
    3 It must be portable. Gold's very lack of portability signaled it's end. The threat of a ship loaded with it sinking beyond recovery meant that it was less trustworthy than money issued by a stable Govt. You may recall that that ship that sank in the 1850's that was recently found threw the US into one of it's worst recessions ever, one that would have lasted decades longer if not for the Civil War.
    Return to the Gold Standard will never happen due to #3.
    Another part of the article referred to population balance. When you see a country like India with overproduction of people, you see that the "Standard of Living" must be spread across too many people. China would be in a similar state without the draconian birth and population controls of the Mao Era. In the time discussed there (1870-1914), the US needed more workers. Right now, the US is close to being balanced, but things could go either way. Back at that time, Europe was reaching serious population overproduction, while there was significant extra room in the "New World".
    Population production in 1st world countries (by and large) stabilizes due to reduced birth rates, balanced by immigration. People with the ability to control the number of children they have, historically going back to Rome, tend towards smaller families to concentrate "Living Standard". Rome brought in slaves, and eventually fell due to lack of enough men willing to fight in the Roman Army.
    As for the next 2 links, I'll see your 1907 and 1914 and raise you 1987. http://1.usa.gov/1eepnpI
    In all cases, the real underlying factor was liquidity. In 1987, one of the biggest problems was that Margin Calls were due during trading sessions, while credit for sold stocks was not applied until after Trading. Thus just selling stocks to meet margin calls had to be done the day PRIOR to the call. Something no one wanted to do as they were already in the red.
    The currency failure then was related to item 1 above, there was not enough liquidity, just as we saw in 2008.
    Panics are not usually a failure to produce goods and services, but a breakdown in the exchange system. Pseudo-Exceptions like the Irish Potato Famine may seem to be a failure of adequate goods; but in fact Ireland was producing a great deal more food than it needed. The problem was that the food was produced on "Absentee-Landlord" owned land (mostly English) and was exported to England rather than being on the Irish Market.
    17 Mar, 11:08 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Wow OW. Thanks for your take on that.
    What I find striking is that from 1850- early 1900's economies where overall booming ( partially fuel by massive credit expansion from England),with minor financial shocks @around 1870's,1890 , than a larger disruption 1907 and 1914. The details of course vary. Now compare 1950's to now (1970's,1987,2008). Also economies where booming during that time frame only this time credit expansion came from the US. As a trader recognizing patterns has it's importance and I do see one there. Do hope very much that what followed after 1914 will be different this time.
    18 Mar, 07:54 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    My brother follows and has some gold/silver investments and gets my opinion by email. I am inserting my most recent reply to him. I believe in sharing.
    ======================...

     

    "I just read Avi's most recent article. He stated an upside target for GLD of 132.50. It is about there as of Fridays close. Cash or Comex gold is $1382.50 now. His target more or less coincides with the 130 + resistance level which has just been broken. GLD closing above 130 is short term bullish. I will not be surprised to see a short term spike to almost 138 to 140 as per GLD, but that level is stiff resistance and I would take profits at that level. The Ukraine/Russia crisis would be the short term trigger to put in the coming short term top to be seen in March. I am not speculating beyond March right now. Something could happen in April --something usually does happen in April.

     

    After hitting GLD 138, 140 or a cash price gold of 1419 (--may not get that high -- it last was at 1419 Aug 27 &28, 2013 - the peak of the after crash rally) -- expect to see profit taking correction down to GLD 125 to 127 area.

     

    I will take profits this time."
    15 Mar, 02:34 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    John,your analysis is probably correct. In this case an inverse head and shoulder pattern would be developing.
    Since the second low was lower,would personally lean towards that possibility. Taking profits at this junction point seems a prudent choice,if the neckline breaks to the upside,one can always get back in.
    As per (GLD) weekly chart: 1st shoulder ~118, neckline 135,head ~ 116,now at neckline ~135, 2nd shoulder would be ~ 118 (June-July) . After that next leg up past 2011 highs.
    15 Mar, 03:34 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy

     

    I look at it as a more simple double bottom. June 27, 2013 [first bottom] and Dec 19 & 31, 2013 time fame [second bottom], with a first level of resistance at (GLD) 130 - it just broke above, and very stiff resistance at GLD 140.

     

    (GLD) 150 is now the iron ceiling from which it fell through in April 2013.
    15 Mar, 04:21 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    John
    That is also possible . Most folks want to have simple answers in this very complex world we live in ( good/ bad,black/white) unfortunately it is not that straight forward.
    If that ceiling you mentioned is broken decisively,than a double bottom would be confirmed,if not inverse head and shoulders pattern has a high degree of playing out,with most likely time frame of June 2013 low/Dec.2013 low/June 2014 low(6/6/6). I don't like making predictions at all rather let price action lead and at this junction point prefer to sell my (PHYS) holding and wait where the market is heading. In case of double bottom,I will go long after a clear breakout has been confirmed.
    15 Mar, 05:38 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Don't see that 150 ceiling though in April.
    Investing.com weekly chart (GLD) shows 142.So would make a current resistance zone @135-142. Above will personally reenter (PHYS) or maybe even go long a double gold fund.
    15 Mar, 05:57 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy

     

    Look at April 4 and 11, 2013 at (GLD) $150. That is the support level that had been holding until April 12. Then it broke. That same support level is the "iron ceiling" I was referring to. It will be a while before it gets back up there. We will have one correction before that happens IMO.
    16 Mar, 08:27 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Ok JW,can see that ceiling on the monthly.
    19 Mar, 05:21 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » OK, SO WHERE IS THE MISSING JET ? CRASHED SOMEWHERE? LANDED SOMEWHERE? THINK WE AREN'T BEING TOLD THE WHOLE TRUTH ?

     

    thoughts ?
    15 Mar, 09:03 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (554) | Send Message
     
    Can't help but wonder what was being transfered in the cargo hold. China buys a lot of gold, Germany can't get theirs back, Fort Knox is rumored to be empty, and we have heads of states that are mere millionaires at the start of their tenures, but worth many, many millions when they leave office.
    16 Mar, 12:07 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Everyone of my workers their have been 18 all Caucasian, are on a variance of Fed & ST. assistance i have finely accepted the state of affairs we have been in actually since 2001,i have finely let go and will continue to do what i can do and most immediate is to recover my standing on portfolio challenge.Thank you.
    16 Mar, 06:15 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL,your almost back in the green.
    16 Mar, 02:53 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    tom i want to thank you and the rest of the group for their encourage and steadfastness,once again thank you.
    16 Mar, 04:15 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL you are the captain of your ship,in charge of your own destiny.
    16 Mar, 05:34 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Thanks Tom.
    16 Mar, 08:29 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Unbelievable.
    15 Mar, 09:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » This ain't good news either !!

     

    Hulbert: Corporate insiders are dumping stocks at 25-year highs !!!!!!

     

    It's a sell sign: Corporate insiders are more bearish than at any time since at least 1990.

     

    Such bearishness isn’t evident from the traditional sell-to-buy ratio, which stands at above average levels but no higher today than a year ago; Mark Hulbert highlights an alternative sell-buy calculation that strips out those who own more than 5% of a company’s shares - typically institutional investors, whose past transactions typically have shown no correlation with subsequent market moves.

     

    Based on this adjusted ratio, corporate officers and directors in recent weeks have sold an average of six shares of their company’s stock for every one they bought - more than double the average since 1990.

     

    Selling has been particularly aggressive in the capital goods, tech, consumer durables (autos, construction, appliances) and consumer non-durables (food and beverages, clothing, tobacco) sectors; pessimism isn't so rampant in energy, industrials and financials

     

    HUMM....HITTING ON ALL CYLINDERS??
    15 Mar, 10:02 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Anytime you want "Doom and Gloom" stories about the market, just read Hulburt. He has been spouting the same garbage for the last 5 years. His only claim to fame is of the "Stopped Clock" variety. I also watch insider trading, and the only reason for so much insider selling is because they hide CEO and Director pay by paying in Options or just plain give them shares.
    What I want to see is the $value of the shares they retain after selling their quarterly paydays. I have seen few insiders wind up with less $ worth of stock at year's end when I do an analysis of a company's SEC filings. They sell more than they buy because they are gifted the stocks.
    Despite a good excuse for stocks to fall and gold to rise this week in the Crimean Unrest, just the opposite has happened. $130 is essentially going to be the resistance on GLD for 2-3 months. My most optimistic gain that I can calculate by the end of Q2 is +6%. I must put in the disclaimer that halfway through my Calcs, the site I was using crashed, and I could not even log into my usual source for SEC filings.

     

    My Rant on Statistics:
    A king asked 3 of his wise advisers what the answer to 2 + 2 was. The mathematician said "It is certainly 4". The scientist said "all my experiments have shown it to be 4". The statistician told him "you tell me what answer you want and I'll find a way to come up with it".

     

    "Wheels go 'Round":
    I had a great great uncle who was a muleskinner for the Prussians in the Great Crimean War in the 1800's. My family being Mennonite, they would not fight, but were forced to drive wagons for bare subsistence pay to feed their families. If war breaks out again, I may have a Grandson over there driving a truck (If they can wait about 14 years). Ahh the stories my father was told about it by my relatives. My father was born in 1903, so family memories were still fresh in his youth.
    18 Mar, 06:30 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good morning Guys a lot of surprising data coming in graphs and charts and formulas and number's and gov's role and who's who,been a long lean bull run.
    16 Mar, 08:01 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » France bans Monsanto GM maize

     

    France's government has banned Monsanto's (MON) MON 810 genetically modified maize even though the country's highest court has twice struck down similar measures.

     

    The agriculture ministry timed the latest diktat to prevent any sowing of the maize ahead of a debate on April 10 of a draft law that would ban genetically modified organisms.

     

    While France would like to ban GMOs in the EU, the bloc is divided on the issue.

     

    Why would they do this?
    16 Mar, 12:53 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    One of the reasons is that there are long term environmental consequences of GMO,which the shortsighted countries like Spain don't care about,but France and Germany do.
    Also cattle that has been feed antibiotics are not well received in Europe neither. These are probably some of the sticking points of the free trade agreement that is being negotiated between the US and Europe.
    16 Mar, 01:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » TOMMY

     

    One can keep the blinders on and others do have choices. I believe the term sheeple comes into mind ?

     

    Not going to be easy to change such a large company like that. But one day they will get challenged..

     

    Personally, I worry about what my family eats. The world can decide what they want to put into their bodies. Some have no choice. But just looking for sales, and not reading labels isn't the answer for long term health.

     

    In the long run did you really save money once you need a doctor ?
    16 Mar, 04:07 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Tommy

     

    Seems like more then half of the USA doesn't know nor care about this. Some educated investors posting here had no idea what GMO was.

     

    I am not one of those educated about it. I consider myself somewhat educated though..lol

     

    Some don't think it is even a problem. So I am still learning about it.
    16 Mar, 01:54 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Maybe the people in France like paying more for an inferior product...

     

    Like it or not, GMO's are the future. It is inevitable.
    16 Mar, 03:13 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    One of the problems John,is that pesticides that are in the GMO's are not very beneficial to certain insects that are necessary for other plants. Bees are one example.
    And as far as quality is concerned,look at the folks that eat junk food mostly. Do they look healthy to you?
    You will not find nearly as many obese people in Europe as in the US. Why?
    One positive aspect is,more customers for the health industry.
    16 Mar, 03:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » TOMMY

     

    Not so sure GMO'S are inevitable. Once more people IN THE STATES are made aware of the essential side effects it can change.

     

    Just wait for the next generation to tackle this issue. Ours have started only to run into roadblocks.. Labeling is one of them.

     

    I know my daughters friends are more health conscious , maybe that is why fast food chains are suffering. I either see older people on a limited budget, or younger kids with little money ordering.

     

    I admit i stop in once in awhile, but the food isn't tasty anymore and quite frankly the chicken stinks imo.

     

    Plus my stomach doesn't appreciate that food anymore unless I order a salad.

     

    My 2 cents.
    16 Mar, 03:51 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    And as the world's population continues to increase, and conventional ("organic") farming cannot keep pace, we'll go all-natural and long for the days when there was something else to eat besides soylent green... ;)
    16 Mar, 03:56 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Overpopulation will not be a problem coming soon!
    Why do I know? The world most powerful group is working on that. Who are they? JW should know, I'm not even going to mention their name.
    16 Mar, 04:13 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Sushi !! In advanced societies most people claim to not have the time for cooking,but spend endless hours playing games or on facebook.
    Preparing simple good quality meals at home is a lot cheaper than fast food restaurants.
    16 Mar, 04:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » TOMMY

     

    I love sushi ! Can eat it 3x a week. However even with sushi in the states you have to be concerned where the fish came from.

     

    Since the gulf oil spill a few years ago , they essentially dumped enough chemicals on the oil to sink it. Now it's out of sight , out of mind.

     

    My brother in law lives on the gulf and restaurants have signs stating shrimp and other fish have been shipped for other sites outside the gulf.

     

    I wonder why ??
    16 Mar, 04:25 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Sushi miso happy!
    On thing I observe is that humans in general go from one extreme to another. The happy medium is the sweet spot in anything.
    Just maybe now in the Ukraine, the folks that have been suppressed are now becoming the suppressors,but can't be sure of that.
    16 Mar, 04:32 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Sushi = mercury / heavy metals contamination. Anything from the Pacific is contaminated by Fukishima radiation... Havn't you kept up with all the other whack job theories? ;)
    16 Mar, 05:13 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Metallica in Sushi? Had no clue.
    16 Mar, 05:38 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    A friend had a dream whereas the ocean was a giant sewer,he stopped eating fish after that. Maybe he's right.
    16 Mar, 05:46 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    I had an employee once that wouldn't eat "swine" (he was from Mississippi), because they eat their own feces. He loved chicken, though. Called them the "yard pimps". ;)
    16 Mar, 07:26 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Lol,that's funny!
    16 Mar, 08:45 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Antibiotics in animals is CRIMINAL. They would be better to breed disease resistant animals. I limit my red meat to 8 oz/3 days max, That means beef and Hogs both. Nevertheless, I went back to smoking (lightly) in 97 after my combat injuries caught up with me and I could no longer work. We must all die of something. That said, I roll my own out of Pipe Tobacco to limit additives.

     

    Humans have been genetically modifying cereal grains since they first switched from Hunter-Gatherers. The only fertile corn grown in the US is Popcorn. The rest are hybrids. The only difference now is that instead of taking years to move a large enough quantity of genetic material to develop the change, they split off genes in the Lab. It's still corn genes they use, they just generate enough change to have a variety of seed available. Short Season corn for when spring rain prevents planting on time, Drought and disease resistance for when needed.

     

    As for the Grains, the human body breaks them down to [eventually] half-sugars, then re-composes them into simple sugars. Sorry I cannot remember all the names of the compounds, but except for the cellulose, virtually every fat, starch, protein or sugar in cereal grain is broken all the way to half-sugars that can enter cells, then enzymes reconnect the halves.
    Some of the protein can be used "as-is", but not much from Grains. It has to be broken and also rebuilt.
    Only Milk has all 12 of the body's needed Amino Acids that can be used directly.
    PS from Burrito-land (New Mexico). When you boil your beans, add either 1 small unpeeled potato, or 1/2 of a larger unpeeled, and after cooking, throw the potato away. Enzymes in the Potato Skin break down the protein in beans that give you GAS.
    18 Mar, 05:19 AM Reply Like
  • User 7415181
    , contributor
    Comments (750) | Send Message
     
    Oh, good! Brings back painful memories of organic chemistry and more enjoyable memories of biology and physiology. Am now following.
    18 Mar, 04:51 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Compared to Morbid Obesity, food additives are minor. People die of just plain overeating long before those chemicals can do much damage.
    Try doing a Pelvic on a woman so obese that you have to have someone push the folds of fat up just to find your target. The smell of the Fungal disease would make all but the strongest stomachs rebel. There was one woman who I had to brace my feet against a wall to get the leverage to push the fat folds up the abdomen. Probably 150 CM height and 200+ kilograms.
    18 Mar, 06:42 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Maybe because horsemeat is very Lean???
    18 Mar, 06:43 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Wow, Oldwarrior... Your gyno story reminds me to be thankful I have a thin and fit wife. ;)

     

    Although she eats the same GMO-derived, hormone injected foods that I do, the doctor seems to think she's in very good shape.

     

    Can't wait for the soon to be grown crop of Bt bi-color corn to show up at the grocery store.... We eat so much of that through the summer that I think if you peeled me, you'd find silk. ;)
    18 Mar, 07:03 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    I'm more concerned with the poaching of Salmon in the rivers west of the Bering Sea from (I think the country is) Kamchitka. Not to mention Bluefin Tuna down 90%, Yellowfin in danger, just generalized overfishing in the oceans. It appears that Atlantic Cod may never recover from the overfishing of up through the 60's/70's in the Grand Banks.
    Our great grandchildren and beyond will curse us daily for our depletion of world resources, as they burn sticks to heat themselves in the winters.
    18 Mar, 07:16 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Perhaps they will be smart enough to genetically engineer more hearty and prolific fish species... Not a big fan of salmon myself, but I'll tear up some cod & tuna... ;)
    18 Mar, 07:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » You can choose what to feed your family:) This is America.

     

    My choices may differ from yours. Certainly my daughters differs from mine. Her and her Fiance have a small farm and live off of range free chicken eggs, and I love them.

     

    Others can eat ones that come from steroid injected chickens.

     

    Plenty of choices that don't include GMO'S. Question is do you want to pay for it ?
    16 Mar, 04:01 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Yes I do,because either way you pay!
    16 Mar, 04:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » That is exactly my point !
    16 Mar, 04:19 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Some years ago I met a chemist on an airplane. He was telling me that a colleague worked for kraft and said to him " you are a chemist what are you doing at kraft?" answers was " making cheese!"
    16 Mar, 04:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Bet that answer had you scratching your head huh?
    16 Mar, 04:47 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Actually not,some time ago had that crazy thought that the alchemists abandoned the idea of making gold and figured that food would be a lot more profitable.
    16 Mar, 05:43 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    The market is every aspect of life.
    16 Mar, 08:16 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    IT
    You asked above "Where is the missing plane?"
    I also ask, "Why is it missing, as well as where is it?"

     

    Sorry, you have to go to the Conspiracey page to read the post:
    http://seekingalpha.co...
    16 Mar, 11:58 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good morning i'm still a believer in the human spirit,cast the sinker and hook out and ranger bring me a stranger.
    17 Mar, 06:20 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    History ignore at your own risk!
    http://bit.ly/1fU3Q6S
    17 Mar, 06:44 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy

     

    The Smithsonian serves politically correct history and archeology. It is filtered and spun.
    17 Mar, 06:52 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    I do believe you,do find the article relevant though,read it please.
    Can you name,I won't go there because of fear,the most powerfully global organization,so to speak the man behind the curtain? It's a shame that I'm afraid,living in a democracy after all that should only be the case in a dictatorship. Maybe the ex chancellor of Germany was right when he said that there is a fine line between dictatorship and democracy.
    17 Mar, 07:31 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy

     

    I read it. Here is what I mean. Robert Bruner identifies the reforms that came as a result of the Panic of 2007:

     

    "What reforms followed the 1907 panic?
    Most importantly, it led to the founding of the U.S. Federal Reserve System. The act was passed in December of 1912, and is arguably the high water mark of the Progressive era."

     

    It is stated in the article that the Federal Reserve Act was a reform and a high water mark of the Progressive era.
    17 Mar, 10:06 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy
    I noticed the question you asked in your comment about who is in control. I think Jim Marrs has a good handle on it in "Rule by Secrecy" although the "Alien Agenda" part of it may not be correct, but he IDs the human players. Hitler would see "the superman" in his room at night. Other world dictators have had similar experiences. They believe they have a divine right to rule. They may believe that are divine themselves. Marrs elaborates on this.

     

    A good account of them in the US is given in The Unseen Hand by Epperson.

     

    You did not think I was going to use the word "illuminate" did you?
    17 Mar, 10:40 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    "You did not think I was going to use the word "illuminate" did you"? No,thought you would say BGC.
    Aliens,that is funny. Wasn't Hitler a drug fiend ,I suppose in the early 1900's Freud prescribed cocaine for pretty much every ailment and coca cola was the super drink. No wonder people saw aliens.
    18 Mar, 08:16 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    With all the tensions going on out their these at the switches are in a mood !
    17 Mar, 07:00 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    I prefer to think of it as "Re-Booting" the Human Race!
    18 Mar, 05:26 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Wheeeee What a day for my stocks. 17th to 11th over the course of 2 days, but I fell back to 12th in the last 30 min by right at ~$65. Best part is not 1 stock in the red by day's end.
    Worth enjoying for 1 day, tomorrow it's back to plotting and planning.
    18 Mar, 08:17 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Sold off one of my babies today :( - (MO). 34% gain in 3 years (almost exactly 3 years, too!). Using the proceeds to get us debt-free (besides mortgage payment). All the freed up monthly money will go back into the brokerage account until it's trigger pulling time again.

     

    (MO) back on my watchlist...
    18 Mar, 08:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » JBT

     

    Congrads on debt free !!

     

    Must feel good ...
    18 Mar, 10:47 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Debt free is the job now.
    18 Mar, 11:05 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good morning,it is the last day,hoorah !
    19 Mar, 05:26 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    IT,

     

    Thanks. It WILL feel good (been there before). The trick is staying there... No big projects or purchases on the near horizon, so unless life throws one of its curveballs, should be good. :)
    19 Mar, 09:02 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    John Good job !
    19 Mar, 09:07 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Good thing you sold your babies,it's a big mistake to get married to any stock or asset for that matter. Smart move John. Congrats on the debt reduction. Get rid of that mortgage asp.
    19 Mar, 04:08 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    We went Debt-Free last fall, so immediately the wife started planning home improvements. Our plan is to have ~$30k in cash before we start next fall, besides what I have in the Market. It really does feel good to not have any payments except the house, and the house has >4 years payments left.My Trading fund will be there for cost overruns.
    I went ~25% cash at market open today, and made sure nothing was left "on Margin". I expected a downturn like today, and it may last a while.
    Strange that the market as well as Gold are both taking a hit today.
    19 Mar, 03:45 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Debt free is a great feeling,if that even exist.
    19 Mar, 03:59 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    We re-fi'ed in 2012, thus resetting our terms, so technically there are 28 years remaining on ours. :) Our original plan was to have enough to pay it off (but not necessarily do so) by 12/31/2015. That plan is still intact, and we should come in a little early (I project 6/2015), barring any calamities. Not too bad, considering we originally purchased in late 2007.

     

    Taxes & insurance come to ~$160/month, so cost of living will drop dramatically when we finally cut that payoff check. :)
    19 Mar, 04:06 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    What will you do with the extra money then?
    19 Mar, 04:10 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Save, save, save. We (wife and I) would both like to at least semi-retire by 2020. I'll be 50, she'll be 41. A lot will depend on how the healthcare system shakes out by then.
    19 Mar, 04:34 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Wonderful.
    19 Mar, 04:40 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » OW

     

    Nothing makes sense right now. They blame Janet for the sell off yet everyone knew that cut was coming..

     

    Where is that plane ??
    19 Mar, 10:56 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Sorry to say Gold bugs but the probability of inverted head and shoulder/triple bottom is increasing if not a certainty. Selling opportunity might still come up on the next bounce,otherwise you just have to ride it out to (GLD) ~116. I know TA is witch craft and FA is serious. Silly me.
    19 Mar, 03:57 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Putin can't shake a stick at Janet Y,we in the media should not upset her at all !
    19 Mar, 04:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » TOMMY

     

    One threat and gold will be back up. But I am fine with the price right now !!
    19 Mar, 10:54 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Are you sure about that one threat. Personally did not see any threat in Dec./Jan,but gold went up.
    JBW was right when he said that when markets pull back some folks are saying " here comes the big correction " and when gold/silver pull back it is seen as a buying opportunity.
    It is dangerous to get married to any asset class!
    Now again I am not talking about physicals.
    20 Mar, 05:34 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Well it's good to see the 7 Musketeer's back together again.
    19 Mar, 06:26 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Anyone else thinking that today's selloff is the big guys loading up on cash in case Russia dumps T-Bills on the market at firesale prices? I've been reading that even without any sanctions, Russia's economy is tanking, and they may have to sell T-Bills for the Gov to raise cash. They can't raise taxes as theirs is already high. Supposedly going to cost Russia Billions to incorporate Crimea.
    Meanwhile, it's going to cost the West billions to save Ukraine from defaults. I just hope that Buma makes it a European-only job, and doesn't try to buy us a new (broke) friend. We can't afford too many more friends like that, hell, we can't even keep Puerto Rico afloat, and we own them.
    19 Mar, 07:17 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Warrior
    That would make sense to me, but the knee-jerk reason is reaction to Janet Yellen comments about possibly, maybe raising rates next year - a year from now.

     

    You are onto what may happen. Our cowboy Senators and State Dept honchos talk tough to Russia and threaten them with sanctions. Well, they (Russia, like you say) have some leverage too. Sell US Treasuries.

     

    They would probably wait until after Kerry and Obama have made their tough-guy/red-line speeches and announced sanctions so a cause and effect connection would exist.

     

    I dread to think what would happen to our credit market if we were to decide to get tough on Russia and China at the same time.
    19 Mar, 08:01 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    OW,do you know of any country that has a vibrant economy at this point?
    19 Mar, 07:27 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Cayman Islands <g>
    19 Mar, 11:35 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Cayman would not let me open an account with them, in fact they probably would be falling over laughing at my account balance and say " get outa here "
    20 Mar, 05:38 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy
    Here is Doug Casey on internationalizing your life. One of my favorite things to listen too.
    http://bit.ly/1fKXTED
    I am trying to make an international bank choice too at this time. As I implied to EA below, I favor Central America as an initial first step.(the Caribbean is good too). I doubt if anyone else is interested.

     

    Anyway, give Doug Casey a listen to.
    20 Mar, 07:46 PM Reply Like
  • WMARKW
    , contributor
    Comments (10454) | Send Message
     
    Don't doubt. I've been thinking about that for some time. Unfortunately in Central America, there are not too many places where I feel the security of a stable nation able to defend themselves against the drug cartels. So I am still considering.
    21 Mar, 09:26 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Did listen,I had no clue that I am an International man already! It's very strange when you have these thoughts arise over the years and then you hear something very similar from someone else.
    Thanks for the lead,will check out the site on the weekend.
    21 Mar, 01:57 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy
    Welcome to the self-realization of the international man perspective.
    Here is more from Casey
    http://bit.ly/1lbhaXR
    21 Mar, 10:00 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Tommy
    I think I see what you are talking about, but it probably only has a 50% chance of turning into an inverted H&S. After this current run is over it may correct down 50 to 60% of the run then continue up to the next level of (GLD) 150 and then correct again.

     

    Or -after the current run it may do as you say and go back down to 116. then:
    * there would be a 50% chance it could break support and go down to 100.
    ** or, become a rectangle formation and continue in a rectangular range for a while sideways.

     

    I have said it is a double bottom.
    It is only a double bottom until it becomes something else.
    That's what it looks like now.
    I am only concerned with timing and trading the current move (miners or ETFs). Then interpreting the next move after that.

     

    Oh but -not selling my physical. Would continue to buy silver here.
    19 Mar, 07:33 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Yes so far the pattern of double bottom is there,but remember it would only be confirmed after a breakout of resistance (GLD) ~135,see weekly and the break would have to be 3%+.
    Also volume needs to rise significantly.
    As for 150, that is too far away at this point and only should be considered after the above has been completed. Same with the 100 target, should only be considered if support of 116 (3%+) breaks down.
    Also rectangle formation is to far in advance at this moment.
    Good that you hold on to your physical. I was referring to trading positions only.
    20 Mar, 05:23 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Bugs will never sell their physical...
    19 Mar, 07:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » JBT

     

    Been busy guys.. But my % in physical is so small I won't sell at any price.. WELL.........maybe.

     

    Still way in the green in my RLP on the physical so in the game it's different.

     

    But I maintain I am still not a bug :)
    19 Mar, 10:28 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    If we (Obama, State Dept, MCain) strongly oppose Russia annexing Crimea, I suppose that also means we are going to give Texas back to Mexico and also give Hawaii back to the native Hawaiians.

     

    Of course we would, because we are so fair and hate double standards, and wouldn't expect others to do what we wouldn't do ourselves.

     

    Maybe McCain and Lindey Graham will even go and personally fight the Russians.

     

    I would like to see a Putin vs Lindsey Graham fist fight. That's the way to settle it. I'll bet my silver on Putin,
    19 Mar, 08:12 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    It's a fine line... We all know there's not going to be any "givebacks"... But do we want to go back to the times of conquest and expansion and 'manifest destiny' that we've had in the past?

     

    I'm safe here in rural TN, so I don't really care... It would make for a more interesting world, though...
    19 Mar, 08:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Seems like when Janet talks the markets listen !!!

     

    http://aol.it/OyNYwj
    19 Mar, 10:53 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Janet can make or break ya !!!

     

    and for the rest of you guys lets quite attacking Gold,if that's what make someone happy why take it away.
    22 Mar, 09:05 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JB-

     

    Manifest Destiny. One of my favorite subjects.

     

    Conquest no, expansion, maybe.

     

    Its been a while since we added any new stars to the flag; can't help but think there are some really nice countries out there that would like to join the union.

     

    The most obvious candidates are on our borders. What if for instance, Chihuahua or Calgary held a referendum and asked to join.

     

    Certain authoritative futurists predict an eventual cultural merger south of the border downstream anyway, so lets do it the easy way, ala Louisiana Purchase.

     

    How about Chile? or Czech Republic? Costa Rica?

     

    While we're at it, do we need to spin off anyone?

     

    I know, Texas, blah blah blah, fact is they would chicken out. But let them decide.

     

    But what about some of the world cities that could survive on their own, ala Singapore, Luxembourg, and the like. LA? Houston? Atlanta Republic, anyone?

     

    The old city state model works pretty well, though you need some nice dependable neighbors to provide border security, market access, etc.

     

    This is done elsewhere...Buenos Aires is independent within Argentina. There are others, though its an advantage if you're affiliated with a friendly superpower rather than seeking refuge from an also ran.

     

    Continued expansion without spinoffs and diversification does seem to be a model that is "too big to manage" and headed toward "to big to succeed."

     

    Right now, as the US acting as the World's Banker, holding the varied accumulated hoards for the rest of the world in the form of debt and creating a pricing structure that createds a capotal glut that makes us at once uncompetitive and yet politically influential, a bad combination by default rather than design that absent a socially useful bypass mechanism that effectively channels surpluses back to the benfit of the citizenry provides bridges if not exits to the endless opportunities that our system creates but fails to harvest.

     

    For further information, refer to Don Quixote, a must read for all who believe history rhymes, especially if you want it to..

     

    In the meantime, don't forget to buy on dips; don't wait until the tax returns are in and inevitable sol inspired activities are in full swing.

     

    Any questions?
    19 Mar, 11:20 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    EA
    Question, yes:
    In regard to that paragraph right above, that begins with the phrase, "Right now, as the US acting... ," is remarkable in that it is one sentence, except that it is not a sentence as it does not have a subject and a verb.

     

    It does say several things but they are strung together as dependent clauses that should augment an independent clause with a subject. A paragraph should first of all have a theme or thought. It is then composed of complete sentences that support the theme by making clear statements. I would agree with some of the thoughts in the phrases, but they should have been stated in at least four sentences, maybe even in more than one paragraph. The reader should not have to put it together himself.

     

    I do like the paragraph that describes the “too big to manage” and “too big to succeed' where the US must be implied. I am hoping for the “disintegration” outcome myself, after the manner that the USSR disintegrated. Downsizing of government is always good.

     

    And don't annex Costa Rica or any other Central American country. We may need somewhere to go to when (or before) this mess caves in.
    20 Mar, 12:23 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JW-

     

    Thanks for your response and constructive criticism. I do generally try and do a better job of editing before hitting send. But I am glad that my flawed stream of consciousness had enough snippets of insight to enable you to fill in the blanks...below is a perhaps slightly improved version, there is I think a verb and predicate embedded if not inferred therein, albeit still one long run on sentence, poetic license anyone?

     

    "Right now, the US, acting as the World's Banker, holds the varied accumulated hoards for the rest of the world in the form of debt, inadvertently creating a pricing structure that results in a capital glut making us at once uncompetitive and yet at the same time politically influential, a bad combination by default rather than design, absent a socially useful bypass mechanism to effectively channel surpluses back to the benefit of the citizenry via bridges if not exits to the endless opportunities that our system creates but too often fails to effectively harvest.

     

    To your point regarding the hypothetical annexation of Costa Rica, I agree that short of incorporating our friends into the Republic we allow safe passage and realistic options for our own citizens while recognizing and respecting the rights of non citizens to chose their own destiny.

     

    I chose Costa Rica as an example as I am well aware that is one place many Americans do chose to live and we need more Costa Ricas out there; I might have made the same point with reference to the Yukon with a clearly different effect.

     

    The real point here is that we're a restless people and we need to continue to create more positive outlets for the more ambitious and adventurous ones without rocking the boat too much for the more domesticated among us..
    20 Mar, 11:04 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Economic Analyst
    Thanks for taking the above commnet in your good matured way and not taking me too seriously.

     

    But the damage has been done. Almost no one has commented anything since my comment above. I have killed the blog.

     

    I did take Composition I and II and Speech&Communications in my late 50's to finish an AA in accounting at a community college. Took 9 semester hours of writing. Learned a lot. It is an applied skill.
    20 Mar, 07:52 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JW-

     

    It was more likely me that gummed up the works with my diatribe though I prefer to believe it was the Janet Yellen triggered winter storm that so many are snowed under by that froze the regular comment stream.

     

    Plus lots of WSB regulars are busy strutting their stuff on the front page in response to the WSJ

     

    Anyway, now that the cat is out of the bag on SA derived sentiment, there is an increased motivation for leveraging already exaggerated fears in some circles which represents opportunity for the Vulcans and their robot drones and the fearless among us as well who are still willing to enjoy the roller coater ride and buy more "E" tickets on dips.

     

    I mean really, all the manufactured media hype about skyrocketing interest rates; gee, the 10 Year Treasury popped .1% to what, 2.8%, .05% above 2.75 par, from the low 2.7's, getting scarily close to support now are we?

     

    I agree with one of the fellow commenters who sez he has made money the past few years by simply loading up on bonds every time it hits 3%.

     

    Oh, and lets not forget that when the rate goes up, so does the dollar, hello forex...

     

    Come on, every risk adverse saver in Japan or EU thinks 2% is a great deal for guaranteed return of principal. And it is.

     

    Its not like there is a lot of overhead producing FRNs vs mining gold silver or other buried treasure.

     

    And then there is the improved economy of scale via total global domination.

     

    Think quadratic, its a totally nonlinear reality now. And that's a good thing if you can figure out how best to ride the prevailing winds.

     

    JY did say as I understood it we can expect to would experience a shallower glide path going forward.
    That tells me to expect plenty of fuel flowing continuously through to the manifold for now, mixture full rich..
    20 Mar, 08:52 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    EA
    How does the Aussie dollar look to you? I am thinking of holding some (FXA) as it looks like it has bottomed and turned. Same with (FXC) except it still appears weaker technically.

     

    What I am considering is for a percentage of the cash that I am in, putting some in the Aussie and Loonie after their recent sell downs. It looks like the dollar is up, but at the expense of the JPN GBP and Euro.

     

    Any thoughts on this currency/cash allocation?

     

    50% USD, 30% AUD, 20% CAD
    20 Mar, 09:58 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JW

     

    What you are describing to me as a strategy that is very similar to my own approach.

     

    In fact I have done quite a bit of practice trading on one of the forex platforms out there which is the basis for my confidence in this general format.

     

    I must confess that I do not follow the trends currently as I once did, though I do think it fair to claim a good understanding of the underlying relationships and certain dynamics between and specific to the various currency pairs.

     

    I would lean personally to a descending mix centered on USD, GBP, JPY, & EUR in that order with possible minor positions in AUD, NZD, HKD, and other possible interesting outliers.

     

    In order to assign specific allocation would require a certain amount of study and screen time to identify low risk positions.

     

    There is also of course the necessity of establishing the objectives and risk tolerances.

     

    I would propose going first with an incremental position based on the currencies which you are most familiar with and the idea of minimizing the downside while exploiting opportunities to build long term equity via short term discounts.

     

    At home, we call that "Power Shopping."

     

    I hope that helps.
    20 Mar, 11:05 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    EA
    Yes it does. Since the Aussie and CAD are going to trade in ranges relative to the USD, and they seem to be at the bottom of their ranges I thought I would find and entry point on them.

     

    The Euro and GBP have been strong against the dollar the last six months and may have had their run. The dollar just had two strong days against these two and also against the Yen. I would rather ease into the ones that have been beaten down at the bottom of their range.
    Euro & GBP reversing?
    http://yhoo.it/1aKpo1X;range=1y
    http://yhoo.it/1hL5RAe;range=1y

     

    The two ETFs mentioned above can be traded commission free at Schwab and probably other brokers too. I think they can be used as a proxy for foreign cash.

     

    This is a reminder that cash is not just cash. It is relative to other nations' cash. Cash is not static or fixed. The USD is not immutable. This is a challenge to find the right cash that may appreciate relative to others.

     

    Thanks for your input.
    20 Mar, 11:35 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JW

     

    Very interesting; I was not aware that it was possible to trade currency ETF.

     

    With your helpful hints, I intend to brush up on some of the recent trends and developments regarding the ins and outs of the tools and options available.

     

    A work of warning for the inexperienced, I did uncover some major potential pitfalls and obstacles for amateurs in my earlier investigation into this market.

     

    I do believe there are real opportunities for the interested student; at the same time from what I already know extreme caution is warranted for the uninitiated and due diligence based on reliable information is a must to be successful.

     

    But, as you point out, the beauty is that you are always in cash, a concept which is exceedingly advantageous and yet missed by many aspiring lumberjacks who are perhaps blinded by the hedgerow which was accidentally by design planted directly in front of them, lol..
    21 Mar, 12:36 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Beautiful Music.
    21 Mar, 01:39 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good Morning Challengers we will re-surge.
    21 Mar, 09:33 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Folks

     

    Forgive me for being absent for close to a week. I am dealing with attorneys and roughe board members in my association.

     

    I plan to hopefully have this behind me next week. Please keep me up to speed as far as the markets go. I am traveling between lawyers trying to make peace. Which is obviously not working just yet.

     

    But I see gold has taken off :)
    21 Mar, 03:55 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    I was thinking that you where polishing your bling.
    Gold is only bouncing might just be a dead cat.
    Good luck with your association. What is it about?
    21 Mar, 05:41 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    It is good to hear from IT.
    21 Mar, 05:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Gold taking off? Gold had a shitty week.
    21 Mar, 05:54 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Doesn't look like a bad 1st quarter for some it'll keep the ball going get put back into the economy.
    21 Mar, 05:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Can't you southerners take a joke:)

     

    So what did have a good week?
    21 Mar, 11:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » TOMMY

     

    Two board members who think they can do what they want without informing the rest of us. So we voted them out of office due to a technicality in our By Laws and they would not accept it.

     

    So essentially we were without a Pres and VP for 2 weeks. Kinda like the USA has been for quite a few years now the more I think of it.

     

    I am just the Treasurer who noticed checks being sent for vendors to do work without the contracts approved by the board.

     

    Much more to this that would take up a book!
    22 Mar, 05:44 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Bureaucratic red tape mind numbing nightmare,as you get older that and the wood pile try to avoid.p.s considering nugt next week,I think they have been hoarding gold and want to get a bang out of some.

     

    DB's & BAML's guidance still scare me,they have been super right in the past i mean dead accurate,one two years out.
    22 Mar, 05:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    I am my own HOA. :) Works out better for me. I can paint my house pink and tell my neighbors to go fly a kite, if I want. :)
    22 Mar, 05:55 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    You have a good set up to focus on number & data crunching,it is hard to do both.Keep your eye on the prize Bro and in your pocket,nuff said.
    22 Mar, 05:58 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » To each his own. I just drop my towel at the pool and jump in. No mowing or shoveling. My back can't handle that anymore.

     

    I can still tell my neighbors to fly a kite too !

     

    Paint your house pink though ? Really ? :)
    22 Mar, 06:09 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Red,Fire Engine Red,"Their a Red House on the yonder"
    22 Mar, 06:13 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    True story - shortly after we bought our first house, the next-door neighbor painted theirs a bright neon green. Like a color you'd see on a fishing lure bright... It may or may not have been reflective - I'm not sure.

     

    I am still surprised to this day that we managed to sell that house... We lived in it for 6 months, and it sat on the market for another 10 or so. Bought for $219k, sold for $216k, Zillow now says it has an approximate value of $137k. :)

     

    I'm not old enough where I mind driving around the yard for a couple hours to mow it once/week yet. Plus I can shoot a gun in my backyard, and we're planning on getting some chickens. A horse might be pushing it, but I've seen them on less land.

     

    I wouldn't mind not having to deal with the pool, though... On the bright side, we can swim naked if we want. Even in broad daylight. ;)
    22 Mar, 07:34 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    JBT thank you for such a wonderful uplifting story.
    22 Mar, 07:50 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    My pleasure, Al. :) I like to add the human element to conversations whenever possible. :)
    22 Mar, 08:02 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Read like an Eden.
    22 Mar, 08:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » JBT

     

    Trust me with some of the BS I have to put up with having a home has crossed or minds.

     

    Just can't afford the taxes up here. Brother paying over 20k in taxes for only 2 acres..

     

    Wife would love having horses although i am allergic to them. Funny how I had a group of owners when we raced and I had to use my inhaler all the time I was at the track

     

    Haven't given up hope moving south yet. But my mowing days are over. Wish I could but medically impossible.

     

    Skinny dipping at my age would not be a pretty sight anyway :)
    23 Mar, 01:09 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    WMarkW

     

    Saw your comment above. I had done some research:

     

    World's Safest Banks
    http://bit.ly/13VCbZL

     

    About opening an offshore account in Singapore:
    http://bit.ly/1oI1SsH

     

    I hear you travel in the far east. Here is a pretty comprehensive list of banks in Singapore.
    http://bit.ly/1oI1TwI

     

    I may begin with a bank in Belize (Belize Int'l Bank) since it is not to far away, they speak English and have a safe system in spite of the perception of it.
    21 Mar, 09:42 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    JW

     

    This looks like a good way to go.

     

    http://bit.ly/1h4Fd3L
    22 Mar, 12:43 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    EA
    I appreciate the thought, and Everbank does have foreign currency CDs, but it is a Domestic bank. Those I cited above are out of the US, which is the idea.

     

    BTW, SA editors actually published: A Guide to Currency ETFs and ETNs, from 2010,
    http://bit.ly/1ipuTXx
    22 Mar, 03:49 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Army Pens. after 20 yrs of trying,what a relief,if he dumps that all back into Gold and miners i'm going to scream,i hope you read this Bro. Got to plain now man.
    22 Mar, 06:44 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    "To general disbelief, not only is ZIRP in effect so many years after Lehman Brothers collapsed, but as in Japan in its ongoing ZIRP period, the downtrend in long duration interest rates remains in effect...

     

    "Multiple fundamental, technical and contrarian factors exist to justify this downtrend...

     

    "The 30-year Treasury interest rate is nearing a golden cross using exponential moving averages...

     

    "In any case, it is acting as it has to one degree or another in every business expansion since the 1982 recession ended, namely continuing the downtrend that began with the 1981 peak in interest rates."

     

    Too cache, or to cash equivalents, just what the Dr. ordered.

     

    Keep in mind, contrary to widespead post pre-apocalypticalistict musings, all the trading partners on the perifery are trying to figure how to somehow get their winning INTO the US.

     

    http://bit.ly/1plHrQP?
    22 Mar, 12:57 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    "Putin's foolish gambit in the Ukraine is providing a serious boost to U.S. treasuries and investment grade corporate bonds. Treasuries love his expressions of Russian manhood. The 10 year treasury declined from a 2.8% yield on 3/7/14 to 2.65% last Friday."

     

    I picked up this jewel from southgent.

     

    Take a look at Eric Parnell's recent editor's pick as an alternative to this evenings Saturday Matinee.
    22 Mar, 02:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » So I heard Russia is now in a shooting mode. Think gold goes back up next week?
    22 Mar, 04:46 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Not until the china announcement then it's the miners gain.

     

    P.S EA i believe hit the nail on the head,some people never learn,"Man hood" right.
    The Russians are more like us Americans than any other nation on earth,when everyone gets paid what they want it's over,probably through Military channels they both dearly love their Macho politician Bosses.
    22 Mar, 04:48 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    "If a "major" crisis occurs such as the collapse of our currency, gold may not be the easiest currency to deal with...

     

    I can't eat gold...

     

    I can't burn gold for heat..

     

    "It may be worth something but I can't send it to the power company to pay my bill."

     

    http://seekingalpha.co...
    22 Mar, 06:09 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Theirs Gold in them their Hills !
    22 Mar, 06:14 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » EA

     

    Tell you what , If that day ever happens I am sure my physical won't disappoint me after my food and shelter.

     

    You can't eat gold but I betcha you will barter a deal much better with it to eat !

     

    Forget your bills and think survival... Plenty of others over the last 4 thousand years found someone who wanted it.

     

    Hope I never have to prove my thesis though.
    22 Mar, 06:14 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Both are important and forces of equilibrium in our value system.
    Power Co. got one up on them both...currency.
    22 Mar, 06:17 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Theirs Gold (DAL) !
    22 Mar, 06:44 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Oh, stop it. Gold and silver (bars, coins, what-have-you) will be of no use in a "major" crisis where bartering is required.

     

    If that ever happens, you better have everything you need on site, and a means to defend it. People who think they'll just take their sack of coins down to the local barter shop to get some provisions are deluding themselves.

     

    Try to hawk your silver dollar for a can a beans and all you're gonna get is killed, and relieved of your silver dollar.
    22 Mar, 07:44 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Don't worry the Utility Police will keep law and order just like they did through Irene & Sandy even camp on your yard and live in trucks in your driveway.And Whirlie Birds will patrol the skies and good old green back will not be said no too or preferably the electro dollar.You can use your gold and silver at the bodego.Their is always an officer inside usually in the back room and it's very quiet.
    22 Mar, 07:52 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    JBT
    Cigarettes are what you need for bartering in a societal breakdown. If you live out in the country in Tennessee, and you can grow tobacco, you could get rich.
    23 Mar, 12:04 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Nah. I would keep a low profile, keep our dogs fed and happy, and shoot first, ask questions never.
    23 Mar, 12:40 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Never said I wouldn't be carrying a gun when I was negotiating :)
    23 Mar, 01:11 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    The bunker mindset wannabe Rambos will be some of the first elements removed from the human gene pool... :)
    23 Mar, 01:14 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Which Rambo movie was the best ?

     

    Those in the bunker are now setting up card tables. One must never try to defend something on their own.

     

    No team and your a goner . Unless you have drones, tanks, and a few machine guns like I do !
    I am afraid those dogs wouldn't last too long either. Target practice before 20 people come inside from all angles.

     

    You need that bunker soon...lmao

     

    Someone already has a Boeing 777 !!
    23 Mar, 01:28 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3812) | Send Message
     
    Thankfully it's something we'll never have to worry about.
    23 Mar, 01:46 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Gigs ain't the only thing you'd be bartering,as long as some of us remain responsible and adult it should be o.k

     

    We need real leadership in this Nation that understand from TX's on a fair exchange has taken place and your not just getting mugged by the system just then to worry about getting mugged in the streets.
    23 Mar, 07:49 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    IT all of us are not conscious enough to really look,assess and resolve our true location and reality,i do really believe though as a species we will overcome to better thing's.
    At that time we will probably vomit at the thought of warReally is dumber than dumb.
    23 Mar, 07:55 AM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Al

     

    Well, we have some of the "defects" of our species still thinking for us in Washington DC.

     

    Paul Wolfowitz was on Fox News Sunday this AM as a special guest to help us understand how we need "to do something" about the Ukraine and Russia; "something" like ship arms and weapons to groups in the Ukraine - because if we don't do something "it may lead to war." That is why I used the word "defect" when referring to his kind - because of his logic.

     

    Wolfowitz,
    http://bit.ly/1dDsvbv
    (American Enterprise Institute [neo-con think tank] and former head of World Bank), was the architect of the Bush and Cheney rationalization (the Bush Doctrine) of the invasions of Afghanistan and Iraq.

     

    He is still prominent, appearing as a notable "expert" person that we should listen to on Sunday morning news shows, as he presents the imperative of getting into the next war.

     

    So why are we not "vomiting" yet?
    23 Mar, 10:11 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    John,as race we can't keep playing dumb games,even solar systems don't last forever ?

     

    Both parties have beat themselves and the people into near apathy.
    23 Mar, 10:40 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (948) | Send Message
     
    EA: "If a "major" crisis occurs such as the collapse of our currency, gold may not be the easiest currency to deal with...

     

    I can't eat gold...

     

    I can't burn gold for heat..

     

    "It may be worth something but I can't send it to the power company to pay my bill."

     

    OAG: If, or when this US Dollar does indeed collapse, it may be too early to tell what currency/currencies will be easy or difficult to deal with. Might be good to have gold/silver available should any major crisis occur. With all of the inflated global fiat, chances are that you would be able to convert that gold into a healthy volume of fiat flavor of the day if you were seeking fiat.

     

    I will heed your advice and if a "major" crisis should occur, I won't attempt to eat any physical gold, or attempt to burn it for heat. In fact, I will one up you and not attempt either of these actions even if we do not experience a "major" crisis.

     

    As for now, you can always convert your physical gold to currency to pay that power bill. If you are holding physical gold right now, my advice would be to hold if you can. Look to fiat to depreciate against gold in the longer term.

     

    Gold is money.
    23 Mar, 03:26 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    OAG

     

    Most people don't consider this, but some (maybe most) of the reasons for holding gold are also reasons for maybe holding it in another country. If your gov't is so bad that its currency may fail, it may also take away the option of owning another currency or moving assets out of its reach (out of the country).
    23 Mar, 04:11 PM Reply Like
  • CWinn1970
    , contributor
    Comments (360) | Send Message
     
    JW...

     

    I too share your disdain for PW. I've never liked the man and I never could understand why he wasn't called out more in the 'liberal' media for his actions as it pertains to the "Bush Doctrine". I don't think of "defect", I think "evil" and "dangerous", IMO.
    24 Mar, 02:15 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    I strongly agree with Will Rogers and Poncho on this persuado annoy anonomously (PAA) concept, especially with respect to the 4th and 5th amendment. Thats why I don't actually belong to any of these new fangled so called "organized" political parties.
    23 Mar, 01:28 PM Reply Like
  • CoinsK
    , contributor
    Comments (3498) | Send Message
     
    Stock Question :I have 1 stock that baffles me.Since I don't analyze stocks ,any ideas would be appreciated here. I have (LDOS) in a portfolio.The stock is formerly SAIC .The company split last year and the contracts keep coming in but I am not sure if that is helping (LDOS) whatsoever. It seems like an internal matter .They have scored many good contracts w/ the Government in the past month, but the stock is near it's low since inception. Too much for me to get a read on ,but any ideas would be welcomed.
    23 Mar, 07:22 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    (LDOS) is showing a ~10% short interest, but only 56% institutional ownership. With a >3% dividend, it is being held quite a bit by retail investors who can be very skittish, but also quick to jump in to cap the dividend. If enough jump in, there could be a pop on a short squeeze. The market is going to have to reverse this correction attitude first though. I would not buy, but I might hold for a pre dividend pop. It's not for betting the rent money on, but with all those new contract announcements, any upgrade could pop it fairly strong IMO.
    24 Mar, 10:38 PM Reply Like
  • CoinsK
    , contributor
    Comments (3498) | Send Message
     
    Thanks OW. I just got an email yesterday that they will be paying a dividend of.32 cents a share. Payable on April,30 th. http://yhoo.it/OV2kqr
    25 Mar, 06:56 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Yep and a nice little pop today may start worrying the Shorts.
    If you need, I'll do a greater in-depth research sometime this week. Researching stocks has been a hobby for quite a while. Currently a lot of "Analysts" hate it, which is at least a hold signal.
    I'm a tad busy with my BlockDesk Duties maybe until the weekend.
    I like today's Market, but want to see it stay a couple days. Asia is up tonight so far as well.
    25 Mar, 11:30 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    And I had already seen that Dividend announcement, Puts it at $1.28 annualized and with today's pop that's 3.02%. The EPS of 17 is low by today's standards.
    I didn't read the report at http://bit.ly/1eNmwEI
    but I rarely trust analysts anyway. All they are good for is that at times they raise a point for me to research myself. I could give a more comprehensive report after I see their SEC Filing.An upside surprise could hit $50 pretty fast with short covering.
    Another 1% tomorrow and I might dip a toe in -Pre Earnings.
    25 Mar, 11:57 PM Reply Like
  • CoinsK
    , contributor
    Comments (3498) | Send Message
     
    Sure thanks in advance.
    26 Mar, 07:27 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    All this "Armageddon" talk is kind of humorous, but unlikely to play out. Don't forget that it's the big Banks who are really in charge, and they are just playing the rest of us. The fact is that last week's selloff was just a knee jerk reaction by people who still listen to "Analysts". Yellen's statements were about prospects probably a year away, and in a few days things will be back to normal. Actually I take her statements as an encouragement that the economy can get along just fine without the Fed intervening, and interest rates won't start up until the recovery is strong enough to see some inflation. Not there yet.
    I don't look for any trouble until the Small Caps start tanking outside of some general correction. I'm just going to hold tight, and try to get some compounding going after all the "talking heads" get overrun by the markets.
    23 Mar, 07:41 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Big banks are really in charge? The Fed is the biggest bank. They sound like they are slipping. Doesn't sound like they are too confident in what they are doing.

     

    "probably means something on the order of around six months or that type of thing." Yellen

     

    "I'm not going to put a time frame (on it) ... It will be quite some time," he said. Richard Fisher

     

    Of course we are supposed to believe they are in control.
    They are in control until people realize they are not in control
    23 Mar, 08:21 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    Guys

     

    There is a really good analysis of ARCO I'd like you to look at.

     

    I haven't made any moves yet for the challenge, but I am going to take the southgent right brain approach and start building a position with $300.

     

    Take5 is already in for real, and both of those guys seem to like it. I think its worth 3 blue chips

     

    http://seekingalpha.co...
    24 Mar, 10:41 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    I'm starting to get motivated on building some new positions for the Ultimate Portfolio Challenge. I'll be contacting JB soon about adding (IBM). Looks like I need to sell a little more of my winnings in reserve than I had thought til now in order to finance the next offensive phase of the operation.

     

    http://bit.ly/1eFTeaR
    24 Mar, 02:32 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    Hmmm...OK plan on putting me down for a move on (EWZ).
    24 Mar, 03:46 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    EA
    Go for it, but I would expect a big company like IBM to be a slow mover even if you are right about it. It won't be a (DAL) though. (EWZ) looks like its already turning around with good short term potential.
    24 Mar, 08:25 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    Thanks John I don't expect it to skyrocket but am trying to trend toward a simulated portfolio that more reflects my real intent which is to use short term profit too help build some long term security with proper balance. I heard a blurb on the radio that (IBM) is investing $1B in a series of offshore data farms and I have the impression that they are still the smartest ones out there despite intense competition and size matters, economy of scale, etc., plus it is rumored that one of the smartest humans I know is going to work there soon so maybe some avenues to future insight and then there is Dr. Watson, who works for them night and day and never sleeps. Seems a logical choice to try and gradually build some new satellites and try and establish orbit in a different sector outside my own little world.
    24 Mar, 09:05 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Dr Watson who works for them day and night and never sleeps? Is he a new computer? AI? or is he a human. Have to get sleep.
    24 Mar, 09:29 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Watson is that computer that won on Jeopardy last year. Supposed to be the greatest AI running machine going atm.
    24 Mar, 10:42 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    "NEW YORK, March 19, 2014 /PRNewswire/ — The New York Genome Center (NYGC) and IBM (NYSE: IBM) today announced an initiative to accelerate a new era of genomic medicine with the use of IBM’s Watson cognitive system. IBM and NYGC will test a unique Watson prototype designed specifically for genomic research as a tool to help oncologists deliver more personalized care to cancer patients. NYGC and its medical partner institutions plan to initially evaluate Watson’s ability to help oncologists develop more personalized care to patients with glioblastoma, an aggressive and malignant brain cancer that kills more than 13,000 people in the U.S. each year. Clinicians lack the tools and time required to bring DNA-based treatment options to their patients and to do so, they must correlate data from genome sequencing to reams of medical journals, new studies and clinical records — at a time when medical information is doubling every five years...."

     

    http://bit.ly/1jzaQFr
    24 Mar, 11:03 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    A permutative therapy based on heuristic idiosyncrasies.
    That's actually how we should communicate,it where similarities and identities branch off into individual and unique characteristics,I find the female is much more acute in these understandings.
    25 Mar, 06:24 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    Translation : I think that means you'd rather have a traditional human nurse than rely on Borg.

     

    http://bit.ly/1eJDTpJ
    25 Mar, 09:22 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    A Hybrid.
    25 Mar, 09:29 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2531) | Send Message
     
    Sure. Ater all, truffles do have ridges. Maybe.

     

    http://bit.ly/OVX6Le
    25 Mar, 11:25 AM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Static or vibrational.
    Thumbs up.
    25 Mar, 01:21 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    IT

     

    Does the IT Fib say that the precious metals recent dip is over? Or will we see 124 (GLD)?
    Look at the convergence of GLD price with the 50 and 200 day MA.
    http://yhoo.it/1g6kfFE;range=1y

     

    Will it bounce here?
    We are coming up on the April 12 anniversary of the 2013 gold plunge. Does that worry anyone?

     

    Al

     

    How do you like (UGAZ)'s nice rebound? Looks like winter is not over yet.
    25 Mar, 07:28 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    John i don't think ng will go much under 4 again,obviously i knew you that you consideration for (UNG) as a real life long term investment was well thought out.
    I just sold a good part of my (DANG) holdings after an hour and a half with my adviser and transferred into (UIL).
    I will get back hot on the portfolio but am in a reorginaztion phaze at this time,my adviser is in a lot of Bio-techs and gave me a list to study.
    25 Mar, 07:49 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Gold down to $1310 overseas as of 8:06 PM Eastern.
    http://bit.ly/1dtRWlj

     

    For those interested in Blockdesk.com, Significant announcement on my Blog at
    http://seekingalpha.co...
    Skype Tours of the inside of the Site via me or the lead programmer.
    25 Mar, 08:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » Folks

     

    Been extremely busy and will be for the rest of the week. Gonna open a new chapter .

     

    @JW

     

    The *IT FIB* is stating that once we break below $1300 we might go lower, but could go higher, it all depends on the price.
    25 Mar, 11:00 PM Reply Like
  • John Wilson
    , contributor
    Comments (1361) | Send Message
     
    Very Eloquent
    25 Mar, 11:07 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2521) | Send Message
     
    Gold up >$2 to 1313+ as of 11:33 Eastern in Asia. Support at $1310 for now.
    Doubt gold will fall below ~$1310 as long as Ukraine is in the news.
    25 Mar, 11:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » JW

     

    Avi like ??
    26 Mar, 12:01 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Actually ? Better.
    26 Mar, 12:05 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » AL

     

    I like clarity as you can tell...
    26 Mar, 12:20 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good afternoon IT,i'm running around and commenting as usual.
    26 Mar, 12:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11524) | Send Message
     
    Author’s reply » http://seekingalpha.co...

     

    let em roll !!
    25 Mar, 11:03 PM Reply Like
  • al roman
    , contributor
    Comments (6778) | Send Message
     
    Good morning,"let em roll !!"
    26 Mar, 07:34 AM Reply Like
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