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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
My blog:
Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! Chapter 60.....  202 comments
    Mar 25, 2014 11:02 PM

    SOME VERY NICE CHANGES I AM MAKING HERE. I will be listing those that participate their blogs to expand the horizon for us. We will have the blogs already running. But we now will have a few more..

    What started out as a small group discussing anything related to investing has grown extremely educational over the last few months.

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    HERE IS THE LINK TO READING MATERIAL !!seekingalpha.com/instablog/5038891-inter...-material

    HERE IS THE LINK TO THE CONSPIRACY CHAPTER #2!

    http://seekingalpha.com/instablog/5038891-interesting-times/2075322-interesting-times-for-all-commodities-and-investments-the-conspiracy-2

    HERE IS THE LINK TO THE PORTFOLIO CHALLENGE!!

    https://docs.google.com/spreadsheet/ccc?key=0Ak_sJAJpK7J4dHg3TkpoQW9pWVpDWlk3c0FHM2VzbHc&usp=sharing#gid=0

    HERE ARE LINKS FROM OUR PARTICIAPANTS. THEY TAKE THE TIME TO WRITE THEM AND ARE VERY KNOWLEDGEABLE

    John Wilson...
    Two part blog on Healthcare: First installment,
    The Healthcare Fallacy. I will take a critical and challenging look at the system we refer to as "Healthcare. "Here is a sentence from it:

    The US "healthcare" system does nothing to prevent disease or create personal health. The primary emphasis is on treating symptoms without understanding what caused the symptoms in the first place.

    Join me in questioning the established order. http://seekingalpha.com/instablog/776251-john-wilson/2380302-the-healthcare-fallacy?source=kizur_seekingalpha

    USER........"The current goal is a 8% portfolio yield, which in any one thing will be risky. I try to mitigate that by buying into lots and lots of small positions over time that meet that minimum. As interest rates rise, I will adjust the minimum yield requirement."

    seekingalpha.com/user/7415181/instablog

    ADAM GALAS......I'm running an interesting experiment of which is better long term, high yield/low dividend growth vs low yield/fast dividend growth. It's a long term, multi year project, covering 50 amazing companies and I'd like to invite your readers to take a look. Here is the Dividend Growth portfolio:

    seekingalpha.co...

    Found some amazing hidden gems in there. Most are small-mid cap, under followed, but for patient investors will crush the market.

    Then here's my high yield portfolio. I think you're readers will find it interesting. Yield is 8.8% and average dividend growth rate is 7.74% so still beating inflation.

    http://seekingalpha.co...

    OLD WARRIOR

    My Blog is about a method of maximizing yield above and beyond traditional "Buy and Hold" investing by using Market Makers hedging activities to ascertain the opinions of the people who have the most up-to-date information, and the deepest pockets; and need to use it to protect their 7 figure salaries. With the information gleaned, the active investor learns a new way of investing, that of building your own "ETF", and looking at it as a whole rather than at individual stocks. Disciplined investing that involves precise sell Price and Time Targets. This is a demonstration of the available Tools for the active investor. seekingalpha.com/instablog/1723621-oldwa...

    FOCAL POINT....Medical and overseas commentary.. a MUST look! His blogs have been around way longer then mine has. EVERYONE should take a peek and see how much information is supplied.

    http://seekingalpha.com/author/focalpoint-analytics/instablog

    Disclosure: I am long PSEC.

    Additional disclosure: OWN PHYSICAL AND MUTUAL FUNDS...

Back To Interesting Times' Instablog HomePage »

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Comments (202)
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  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » So what is holding up the market from taking off as many have suggested? To me it seems range bound.

     

    Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $62,458.71 $162,458.71 62.46%
    ** 2nd ** FearandGreed $21,603.49 $121,603.49 21.60%
    * 3rd * CoinsK $17,622.19 $117,622.19 17.62%
    4th User7415481 $12,747.88 $112,747.88 12.75%
    5th JohnBinTN $10,702.47 $110,702.47 10.70%
    6th ExtremeBanker $10,582.57 $110,582.57 10.58%
    7th John Wilson $10,263.71 $110,263.71 10.26%
    8th Krustyman $7,045.34 $107,045.34 7.05%
    9th CWinn $5,312.18 $105,312.18 5.31%
    25 Mar, 11:05 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    I wrote a short insta-blog on the gold turning point that just occurred today. It is not 100% certain, but the picture formed in the Comex 60 minute chart seems pretty definite.

     

    I am putting it in a blog as I needed to show the charts that make the case. For the reason below I am not selling the PM miners and may take a ST trade here.

     

    http://bit.ly/1nZpdt1
    25 Mar, 11:30 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Ukraine and the EU's potential reaction has stunned the Market right now IMO. Without that, things would be a lot more settled.
    26 Mar, 12:03 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » OW or anyone.

     

    If the markets are spooked some then why is gold retreating ? I thought that fear would have the price rise ?

     

    Confused ?
    26 Mar, 12:42 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Good question. Perhaps Russia is dumping gold to pay bills. Anything right now is pure speculative on my part.
    26 Mar, 05:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JW

     

    The *IT FIB* was correct. Once gold broke below $1300 it dropped then rose above because of the price. I NAILED IT !

     

    Important point is the $1300 as of now.
    26 Mar, 03:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » Looks like some are starting to head to the doors ! Last 30 minutes is how the *FIB* calculates a % of IT'S projections.

     

    Correction is going to pick up steam !
    26 Mar, 04:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » Ok, here was what I long awaited to happen. College football players can unionize !!

     

    They are considered employees of the University. What will this do to college sports, and the tuition for students ?

     

    This is a game changer over the long haul. I remember years ago my father played triple A baseball for the Pirates and when he witnessed the first million dollar contract he said he would of played for free ( tore his rotator cuff. Pitcher, was going to the show the next year)

     

    "Dad, this is just the beginning, wait until you see what contracts get signed". Now can a family of four go to a football game, tailgate, eat something inside, pay for parking, and have some disposable income left?

     

    I sold my Jets season tickets once they tried that PSL crap !

     

    Tickets were $100 bucks per seat in the nosebleed section. Then they wanted me to pay 15K per seat as a license fee ?
    I said ok, then I will sell some advertisements and placed them all over the seat since I own it until the next stadium is built.

     

    I added no problem with this is there ? You know the answer.
    26 Mar, 04:38 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Football is best watched in the comfort of home, in front of a very large screen TV, with all the food and drink you need just a few feet away. :)
    26 Mar, 04:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT

     

    Can't agree anymore! True story,,

     

    It was opening night for the Jets at The Meadowlands, it was a rainy night, game was postponed due to lightning, on a Monday night, and don't you know on the very first play the Jets sack the Ravens Flacco and don't you know a drunk falls three rolls behind me.

     

    My last game !!
    26 Mar, 09:34 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Hehe. Sounds about right... Myself, I wouldn't watch a pro sports game anywhere else than on my own front-seat couch. :)
    26 Mar, 10:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » I should of added he fell 3 rows behind me and landed on the guy in front of him, who landed on me !

     

    Both of us fell into the isle. I had to sit the whole game soaking wet, and a sore back.

     

    Nope, a recliner and a flat screen is my preference from now on !
    26 Mar, 11:29 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Only way to fly, IT... ;)
    26 Mar, 11:36 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    This got me remembering my very much younger years.... Used to go to County Stadium and watch the Brewers play from the bleacher seats... The "Pepsi-Brewers Fan Club" - it was free for kids under 16. You got like 12 tickets per year, which included a hot dog and a drink!

     

    That was back in the good ol' days, when ball players were regular schmoes who were just good at baseball (for the Brewers, think Cecil Cooper, Gorman Thomas, Robin Yount, Paul Molitor)... Guys you could go get a beer with after a game. I went to summer camp with Sal Bando's son (although he was a prick).

     

    I used to wait outside the team entrance after games with one of my older brothers to get autographs... They'd all come out, sign our stuff, get in their cars and drive home - no limos, no paparazzi... Gorman and Rollie (Fingers) rode Harley's. Harvey Kuenn would always come out with his stubby cigar, and loved talking to the fans...

     

    What a sad state of affairs modern day pro sports currently finds itself in.... :/
    26 Mar, 11:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT

     

    Most players can't sign autographs too often today because they are under contract with a signing company.

     

    I worked for Steiner and Jeter is their spokesman. So kids are lucky to get one. Usually not a star.

     

    Piazza for the Mets never signed for anyone, and wasn't under contract at that time either.. Just stuck up !
    27 Mar, 04:04 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    And never at Zero degrees in Lambeau(sp?) Field!! It's hard to pity people who wait 30 years for season tickets to Green Bay games just to get frostbite.
    26 Mar, 05:32 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Agree 100%. I worked in Green Bay for a short time (and lived in WI for a touch over 30 years)... No more cold for me... Even this past TN winter has me thinking about moving to warmer climes... Like Equador. :)
    26 Mar, 06:08 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    JB ,here's a friend of mine doing the weather in Knoxville ,
    http://bit.ly/1iF8MMN
    27 Mar, 07:08 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    New Mexico is far enough south for me. Our high elevation (>1 mile here) makes summers mild, and winter lasts about a week.
    I had a 3 month contract back in 95 in Wassau that ended in mid Dec. It was already hitting 19 below. It hit 50 below later that winter.
    26 Mar, 09:05 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I was a working stiff in Milwaukee in '95... :) I used to feel sorry for my car when I'd start it in the winter months... It sounded so sad, and more tired than I was. :)
    26 Mar, 09:16 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    JB you got me thinking and I found lots of videos on youtube. I even found a link to some radio stations one out of Quito and another out of Guayaquil; there are some really nice tunes out of there. The marketss soft today, I usually look to see if i need to make some micro moves on dips before close but since its Thursday no doubt the stores will be open tommorrow, lol. Plus I think I've got the bonds ratio down so that they will make up for any loss in equity plus enough for the big K cola and corn chips for today anyway.(KR). Better I think to sit and listen sometimes to some really nice Latin pop and dream about the beaches and mountains in airconditioned comfort less the mosquitos and exhaust fumes and heat keeping both the powder and my brow dry while thinking really hard about whether or not to make a move on the inevitable pre-April Fool's sale. I bought some fresh Jimaca yesterday, the deals on produce from South of the Border are really good right now, what with all the gold bars being cashed in to cover all those shorts on the USD I reckon. Sometimes its best to do nothing. But then again, the future really is in Air Conditioning, and wherever you go, there you are, so where do you want to be..

     

    http://bit.ly/1m8IymJ

     

    http://bit.ly/1m8Ix2d
    27 Mar, 03:53 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    (APD) 118.45 -.81%

     

    "Air Products touches the lives of consumers around the globe in positive ways every day. With over 20,000 employees and operations in more than 50 countries, we serve customers across a wide range of industries from food and beverage, health and personal care to energy, transportation and semiconductors. We supply a unique portfolio of atmospheric gases, process and specialty gases, performance materials, equipment and services.

     

    Founded in 1940, Air Products has built a reputation for its innovative culture, operational excellence and commitment to safety and the environment. Our aim is to develop lasting relationships with our customers and communities based on human qualities: understanding their needs, doing business with integrity and honesty, and demonstrating a passion for exceeding expectations."

     

    http://bit.ly/OYS5BL
    27 Mar, 04:22 PM Reply Like
  • Robert Duval
    , contributor
    Comments (4072) | Send Message
     
    Reasons to be defensive / market indicators of defensiveness:....

     

    1. Long bonds breakout above resistance / rising ratio vs junk bonds.

     

    2. XLY (consumer discretionary) turning sharply lower vs XLP ( consumer staples)

     

    3. (IWM) falling outright and especially VS (SPX)

     

    4. Poor IPO performance/ poor quality IPO's and secondaries.

     

    5. Extended S&P 500 churning. Generally large, volatile sideways movements after a large advance; resolve to the downside.

     

    6. Poor leadership from the Financials and Retail. (XLF) (XRT)

     

    7. Extreme sentiment and complacency. Low levels of fear / anxiety. Bullish arrogance.

     

    8. High levels of insider selling / secondaries.

     

    9. Absolutely horrible "junk bond" debt covenants. Issuance of these "covenant lite" loans -- has spiked to the highest level in history.

     

    10. Record low available cash to S&P 500 market cap ratio.

     

    So far the market has rotated while the former leaders have cracked. However; of all the reasons above the persistant strength in the long bond is most telling. It is certainly forecasting corrective activity; and quite possibly a future recession. With the current fiscal policy and the Fed pulling back, such an event cannot be discounted.

     

    I would be watching for a close below SPX 1840 to confirm corrective activity. I am positioned as follows: Short (IWM) via futures and options; Long (TLT) via futures and options; short various high - PE stocks that change frequently. Long (MBT) (AGNC).

     

    Currently very small short and long stock positions until / if 1840 is breached. Then shorts will be increased.
    27 Mar, 06:56 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Add in that the $RUT is breaking down, usually a leading indicator of correction. I'm 50% cash right now, with just dome defensive plays. Made a few cents on FAZ today, but not enough to do it again tomorrow.
    27 Mar, 08:11 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    Take the rest of the day off and make yourself a nice fresh salad. Enjoy.

     

    http://bit.ly/P8qmhM
    27 Mar, 09:19 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    @EA
    Jicama is in every store here in NM. It is like a starchless or low starch potato. Has really no flavor of it's own, but is crunchy and can be in any salad. It picks up the flavors of whatever you put in with it. The only change I would make to that recipie would be to substitute a fire roasted peeled Green Chile Pepper (chopped like 1/4 inch) for the boring old jalapeno'. Throw a few Pinon (Pine Nuts) on top. Fire roasting really brings out a unique flavor, and you just about can't get things without either Red or Green Chile with or on it here. In fact, the State Motto is Red or Green?".
    Another thing I learned here in NM is to use a few Juniper Berries (6-10/lb) to any roast, especially wild game like Venison or Elk. A few helps Leg-of-Lamb as well.
    Of course, Jicama is pronounced Hicama.
    P.S. Jicama is a good addition to stir-fry as well.
    27 Mar, 11:32 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    I bet that goes really well with Elk Tacos.

     

    There's some real gold in them there hills.
    28 Mar, 11:20 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » FROM THE FWIW'S CATEGORY !!!

     

    http://bit.ly/1lrmfvh
    28 Mar, 10:09 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    There will always be someone cherry picking stats to show their predictions were so right. What I am seeing is Gold down $90 (~7%) in 2 weeks. Hardly a world takeover to a gold standard.
    The Dollar Index meanwhile has dropped from 80.51 to 80.35. I won't even bother with that small a %.
    Yep, I guess the sky IS falling.
    28 Mar, 10:08 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    OW,

     

    Would you expect "thebulliondesk . com" to say anything else?
    28 Mar, 10:42 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Guess the world didn't end in 2013, well there is always a tomorrow.
    29 Mar, 05:28 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT.

     

    I am also getting tired of reading this stuff for years now.

     

    However will keep my physical. Even broke down and bought that silver baseball coin from the Mint. Designed by a kid , and first "curved coin" they ever made.

     

    Mint sold out of the gold allocated ones within a day, so take a peek at the silver one collectors..
    29 Mar, 10:23 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » THROWING THIS OUT EARLY FOR THE CHALLENGE.

     

    WHO WANTS IN WHEN WE RESET?

     

    I AM !!
    29 Mar, 11:48 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    1.When would the reset be?
    2.Same here.
    29 Mar, 02:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » July 31st is the end of the year. So we will start over August as long as the tech savvy guys find a way to do it .
    29 Mar, 02:54 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Crade is the man,at least believe it was him that knew about some sites. Investopedia was on of them not having limitation on participants either.
    29 Mar, 03:30 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    I'm In. I got too late a start on this one to test all my theories.
    29 Mar, 11:24 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I looked at the one on MarketWatch, and it looked good. When I get some time I'll try to set up a demo and try it out.

     

    I will definitely play again, if it's a bit more hands-off as far as the data entry part. ;)
    30 Mar, 12:10 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    David Jackson suggested Robin Hood to a new user.

     

    Maybe its time for a Beta Test for the team!

     

    http://bit.ly/1gNDYer

     

    http://bit.ly/1rQsnhS
    29 Mar, 05:03 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    @EA
    My Firefox crashes when I hit your links. Can you check them again please?
    29 Mar, 11:37 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    They both work for me.

     

    The first one, robinhood dot com is mentioned in a DJ stocktalk.

     

    Go to Daves page and select stocktalks at the top of page then scroll down to find the comment to Jcama85
    30 Mar, 02:40 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Whoever wrote the Robinhood front page should be fired.

     

    No opinion on the firm... Just their web guy. Fired, I say.
    30 Mar, 02:48 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Finally got my check today from my sale of (MO). We celebrated by having lunch from Captain D's (owned by a PE firm called Centre Partners, so no stock to buy :(, but one of the 'partners' looks like a funny little elf guy, so that's worth something :)) It was some of the best fish I ever ate, 'cause it was "free". ;)

     

    That particular franchise location should be happy that I am not their owner... Surprising that food can be very good, yet customer service can be so very bad...

     

    Anyways, I had a "free" lunch today, and it was good. ;)
    30 Mar, 02:04 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT and all....

     

    Free anything always taste good !

     

    The *IT FIB* has thrown out an interesting point. GOLD will go above $1300 this week unless the price drops :)

     

    So do the markets continue to just sway back and forth again?
    30 Mar, 11:25 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    Two steps forward one step back pause two step forward one stop back..
    30 Mar, 11:34 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » One of my few holdings left , of a particular stock an not a mutual fund, is (PSEC)

     

    http://seekingalpha.co...

     

    Can you experts turn this into simple English for a few of us ?

     

    Thanks !
    30 Mar, 11:55 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    To make it simple, it is the equivalent of a REIT, except it invests in things besides Real Estate. It needs to distribute 90% of profits to maintain it's tax status. Thus the REIT like Dividends (12-13%). Maybe best termed a Limited Partnership. Consult your Tax Advisor. I quote:

     

    "[X] A parent holding company or control person in accordance with
    Rule 13d-1(b)(1)(ii)(G);"

     

    As a Limited Partnership. there may be tax advantages or liabilities of owners depending upon NAV changes, especially in excess of 10% pursuant to amended Prospectus resulting from these NAV changes as provided for in the Registration. A change of 10% or more of NAV requires a prospectus amendment.
    Bottom line, any business you don't understand needs a proper investment advisor IMO.
    30 Mar, 06:24 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    From their 10Q 2/3/14
    "We have elected to be treated as a regulated investment company and intend to continue to comply with the requirements of the Internal Revenue Code applicable to regulated investment companies. We are required to distribute at least 90% of our investment company taxable income and intend to distribute (or retain through a deemed distribution) all of our investment company taxable income and net capital gain to stockholders; therefore, we have made no provision for income taxes. The character of income and gains that we will distribute is determined in accordance with income tax regulations that may differ from GAAP. Book and tax basis differences relating to stockholder dividends and distributions and other permanent book and tax differences are reclassified to paid-in capital.

     

    If we do not distribute (or are not deemed to have distributed) at least 98% of our annual ordinary income and 98.2% of our capital gains in the calendar year earned, we will generally be required to pay an excise tax equal to 4% of the amount by which 98% of our annual ordinary income and 98.2% of our capital gains exceed the distributions from such taxable income for the year. To the extent that we determine that our estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such taxable income, we accrue excise taxes, if any, on estimated excess taxable income as taxable income is earned using an annual effective excise tax rate. The annual effective excise tax rate is determined by dividing the estimated annual excise tax by the estimated annual taxable income. For the calendar year ended December 31, 2012, we elected to retain a portion of our annual taxable income and have paid $4,500 for the excise tax due with the filing of the return. As of December 31, 2013, we have $4,000 accrued as an estimate of the excise tax due for continuing to retain a portion of our annual taxable income for the calendar year ending December 31, 2013."
    Instead of 90% like a REIT, they must distribute 98% of Profits. Otherwise they accrue Excise Tax.
    30 Mar, 06:55 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    The associated article referred to attempts to quantify the ROI, however his communication skills as per a "Retail Investor" SUCK.
    He can only write in "Bankersspeak".

     

    Enough data? or do you want me to try to interpret the article as well? I get clearer data from the 10Q
    30 Mar, 07:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » I think I have enough info.

     

    Thanks,
    30 Mar, 10:00 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    I'll venture opinion while we wait for the experts to weigh in.

     

    Short take : To Complicated. Occrams Razor. Until 5 minutes ago I had never even heard of BDC which it seems more fowl than fish and now R2K is pushing them out. Gee I figure going >1% (RUT) is risky enough play for a low information chicken like me let alone try and drill down in unknown territory and get stuck in the mud.
    30 Mar, 12:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » BIS: Dollar pre-eminence to remain but role will shrink

     

    The dollar will remain as the world's main currency although its share of central-bank reserves could fall to 50-60% from 65-70%, the Bank of International Settlements forecasts.

     

    The BIS also believes that the role of the yuan will continue to grow as China liberalizes the currency, although it's unlikely to replace the dollar in the next couple of decades.

     

    Even the dollar possibly being replaced a few decades from now is concerning to me. Never thought I would ever read it was remotely possible.

     

    Any thoughts ?
    30 Mar, 01:14 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    Somewhere in the bowels of major institutions as well as the basements of some underground bunkers in lower Idaho this will perhaps cause some headaches among those whose continued livelihood or chosen life path depends on the status quo or the lack thereof depending on point of view because of changing assumptions, conflicting results, requirements to create new models, rejiggering data flows, creating new interfaces, etc., but for the individual, since dollars are a fungible instrument it is a simple matter for instance to diversify into other currencies by depositing funds in a bank that will accept it.

     

    Who doesn't know for instance that if contemplating taking a visit to say Japan it might be wise to accumulate access to a few thousand yen here and there on dips as the exchange rate fluctuates within its range as a means to enable the best experience at the sushi bar upon arrival.

     

    I usually pick up a few Bahamian Dollars when I visit there mainly because they have nice pictures and make nice souvenirs plus the value is tied directly to the USD and its a nice country with nice people and I like to think it helps expand their economy.

     

    http://bit.ly/PbOi3X
    
    30 Mar, 05:36 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    http://binged.it/1geuIdh

     

    This is the Bahama type money I prefer :)
    30 Mar, 08:15 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    Nice. Very collectible.

     

    Thanks to F&G for posting the nugget below.

     

    http://bit.ly/1jMLsQR
    30 Mar, 09:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » So I disappear and the blog goes quiet. Boy do I feel special..

     

    Been out of the loop for a few weeks now. Working a ton of hours with part of my board. I hate to lose, elections within 6 weeks.

     

    Some guys we gotta get rid of. Hand in the cookie jar I exposed.. So I might be somewhat quiet for a little longer until the game plan with the lawyers is ironed out.

     

    Meanwhile I see gold is taking off again :)
    1 Apr, 11:15 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    1284 May be an improvement over yesterday; but lower highs is not what one hopes for.
    2 Apr, 03:37 AM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Finished up taxes today. Here's a little info for Gold & Silver investors.
    http://bit.ly/1c5rlTJ
    3 Apr, 02:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » COINS

     

    Great info for everyone. Gold doesn't like being below $1300 does it ?
    4 Apr, 01:38 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    I wish it would at least bottom @ $1300,then we could do some business.
    4 Apr, 01:52 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » The *IT FIB* has been saying that $1300 is the bottom unless the price drops ... Just sayin>>>

     

    @COINS

     

    Have you seen what those GOLD baseball coins are going for in a 70 grade.. 4k !!! COST was only $400 bucks in OGP.. Not an ounce for those who don't collect ..

     

    Being a collector I picked up one silver proof from the Mint . I liked that is a curved coin. First from the Mint EVER made !!
    4 Apr, 05:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » It is clear the stock market doesn't like something. Any one have a clue ?
    4 Apr, 05:39 PM Reply Like
  • User 7415181
    , contributor
    Comments (719) | Send Message
     
    Run up longer than anyone expected without a correction? I'm nervous myself and keep thinking to redeem some vtsmx in real life, but I've been that way for months now. Good news is my income stuff has done pretty well since the beginning of the year. Last year was kind of bleah.
    4 Apr, 05:49 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Tommy
    Since you follow GLD:
    Gold closed the week at $1303.5 and (GLD) also restored itself technically closing above the 200 day MA today.

     

    The GLD "Golden cross" is still intact. Looks like the recent correction has ended.

     

    I have some (NUGT) that I just bought. I believe we will see about 10 days of upside action now.

     

    If the symmetry of the pattern follows through, we will see GLD hit 137 or 138. This would correspond to the Aug 28 2013 peak, just as the 3/14/14 peak corresponded to the Oct 28 2013 peak [sort of] - nothing is exact.

     

    This next peak would occur in about two months from the 3/14/14 peak or around the middle of May. That's how I am tentatively trading it.

     

    That's my JW-FIB analysis: reviewing what I just wrote I think I wil "Stocktalk" this.
    4 Apr, 08:40 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    JW, Better clear those short term (GLD) swings with Avi. Better yet, get in touch with R. Wagner who is tight with the FED, and see if he will tip his hand and let you know when the FED & bullion banks will be making their next gold "take down". Maybe they will back off for a few weeks and let gold meander upward during that period?
    4 Apr, 09:12 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    JW
    At the moment gold bounced and will tread it as such. A bounce was bound to occur. Weekly Death Cross,Daily Golden. If 128 (GLD) gets reached will have to asses then according to price behavior, in that zone,otherwise the 200 ma should provide support.
    Personally am more interested trading Gold 3-5 days max. each trade.
    5 Apr, 08:00 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    OAG

     

    Avi's view on silver and probably gold too is: "Silver Should Rally, But Can Then Drop..." [name of his newest article]
    I agree too. It can go both ways.

     

    Robert Wagner has ascertained with the Fed that this short term gold move is a dead-cat bounce, though Janet Yellen concurs with Bernanke that she doesn't understand gold because she can't print it.
    4 Apr, 09:17 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    JW, Perhaps now with break in the extremely cold weather, and a return to global warming, the US recovery will be full steam ahead, thus the market should continue its upward track. I think Wagner is calling for $700 gold, but he might be able to get a few more SA "hits" on his articles if he can sneak in a sub $500 gold article along the way. Long live the US$!

     

    I'm sure Yellen is very busy and possibly did not get the chance to review the history of gold as recent FED chairmen have, but it may be an interesting thing for her to study the history of gold and its past/present role in the global monetary picture. If for no other reason, she may be able to get an understanding of historical monetary policy. Maybe she can opine on the post 1971 central bank(s) holdings and increasing holdings of gold as an asset. I would love to hear her findings on why this is happening and what it all means.
    4 Apr, 09:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » OAG

     

    Hedge funds sure know how to manage money don't they ?
    http://bloom.bg/1e4momh
    6 Apr, 05:33 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    Those Hedgies need to follow Avi. He is right 70%+ of the time. They could make some nice returns at those levels.
    7 Apr, 10:38 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    OAG, You notice they are not using the term "Global warming" recently. It is now "Climate change." Shows they must suspect the average citizen still has at least half a brain.
    4 Apr, 11:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » I loved Polar Vortex...Geez !!
    5 Apr, 02:30 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    The EPA is going after wood-burning stoves now...

     

    http://fxn.ws/1hMOstB
    5 Apr, 08:47 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Lobbying = Corruption
    5 Apr, 10:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT..

     

    Some things you just can't make up !
    5 Apr, 07:11 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    The Idiot BOD at (MDSO) voted to double the amount of shares issued, and a stock that had looked so good was rewarded with what may end up being a 50% drop due to Dilution. I got out of it in my RLP with only about a ~$400 loss, but a lot of people got crushed as it went from ~64 to ~48, with no sign of support anywhere. What would make a BOD so irresponsible?
    5 Apr, 06:47 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Money.
    6 Apr, 12:41 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » new week....MARKETS GOING TO JUST SPIN AROUND FOR ANOTHER MONTH ?

     

    A friend, who is a broker, said people have no idea what's coming... FWIW..
    6 Apr, 05:27 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    IT
    but are you implying your friend the broker has an idea what's coming?
    6 Apr, 09:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JW

     

    Yup, and it won't be pretty.
    7 Apr, 09:47 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    You are not going short IT with that insider info ?
    7 Apr, 02:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » TOMMY

     

    I am basically in all cash right now.. Besides my % of metals..

     

    Big wig said that people just are blindly investing. Most don't have anywhere else to turn so they are trying to beat Inflation.

     

    Now let's hear from all those that don't think we have inflation...
    7 Apr, 07:59 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Inflation is basically mandated. If there was no inflation, you would see free money being sent to everyone, courtesy of the Fed.
    7 Apr, 08:03 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    We have stagflation. Stagnation + inflation. It doesn't seem like inflation because things are so stagnant and a lot of incomes are experiencing declines in real terms, so spending and prices don't take off.

     

    Yet the government is consuming and spending and increasing the debt as the Fed in turn buys it up.

     

    We can't have inflation when the middle class is being turned serfs - not classic price inflation. There is inflation, but it is carefully managed so it occurs in the assets that the large financial institutions [broker/dealers for govt - and contractors] have invested in.

     

    You can see the stagnation. I think you can see mold growing on Senators John McCain and Joseph Lieberman and Fienseitn.
    7 Apr, 08:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JW

     

    Bingo, you win !!

     

    I miss starting the conversations rolling...

     

    Still wish I got more Cheerios out of that huge box though>>
    7 Apr, 08:44 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    JW,

     

    In "real" terms, everyone can see inflation. Bread, milk, flour, sugar, gas, etc. etc. Government masks the inflation, particularly for those whom they deem fit to give "benefits".

     

    Crack-head across the way couldn't care less how much the price of a gallon of milk goes up, 'cause their is always the government safety blanket that insulates them. Just keep the checks coming, lest inflation is felt by more than the already over-burdened middle class...
    7 Apr, 08:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT

     

    Haven't asked in a while. Has the .22 shells become easier to get ?
    7 Apr, 08:48 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Yeah. Still can't find my low velocity rounds very often, but the 500/750 count mini-mags are always on the shelf @ WalMart now.
    7 Apr, 08:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » Nope, not that available up here just yet !!
    7 Apr, 08:56 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    I can't dispute that those basic items have been going up. We can thank government subsidy programs like the one for Ethanol that subsidizes the burning of food (corn) in cars so you pay more for groceries.

     

    Save .10 at the pump - (WAIT - ETHANOLE IS MORE EXPENSIVE THAN STRAIGHT REGULAR. I TAKE THAT BACK). SPEND .10 MORE at the pump, and spend .50 more at the grocery store.
    7 Apr, 09:04 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I disagree with 98.7% of everything the government does. Including their stupid ethanol mandate.
    7 Apr, 09:13 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    Current CPI numbers for inflation show that inflation is under control and near FED target levels. That was a rather easy task to accomplish. All the U.S. Bureau of Labor Statistics had to do was "massage" the way in which CPI is measured. Looking at the attached chart, if we used 1980 standards for measuring CPI, we would be at around 9-10% annual inflation rate.
    http://bit.ly/lmDmS2

     

    All that talk about high inflation in the 70's & early 80's could have been fixed by simply adjusting the way that CPI is measured. At least this government is learning how to correct these issues and be a little pro-active with things like CPI and unemployment.

     

    I for one feel much better knowing CPI is around 2% and unemployment slightly over 6.5%. At these levels it makes me feel like the recovery is taking hold.
    8 Apr, 09:27 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    I just wish that they had been more specific on the differences in calculations. They had pretty charts, but quoted no hard data.
    Now I'm not necessarily disagreeing with them, just that it's impossible to judge their claims without specifics.
    It at face value, appears to be just another "Conspiracy Theory" site until they show the basis of their claims.
    It is far too easy to get people who are already distrustful of something to buy into wild claims and "Chicken Little" attacks.
    Show me the PROOF!!!!
    8 Apr, 08:28 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    Another fatal tragedy in the banking sector.
    http://bit.ly/1kjkGjz
    The rate of fatalities of all of these bankers is exceeding the rate of losses of all of the hip-hop artists.

     

    Is banking a dark world of corruption? Or is the world of rap finally improving their overall image?
    7 Apr, 11:17 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    OAG
    The murder of banker Frick that you cite, is less suspicous as the suspect is know and seems to have had motive, yet it also follows the pattern of too much coincidence.

     

    The other banker death mentioned in the Zero Hedge article IS suspicious, especially as they are calling it a suicide (murder/suicide) tentatively:

     

    "...the default assumption is that it is suicide until proven otherwise . . ."

     

    This is too much coincidence as another banker from the same bank was "suicided" in 2009 (see link in same Zero Hedge article) "This is not the first C-level ABN Amro banker to be found dead. In 2009, former CFO Huibert Boumeester was discovered with (assumed self-inflicted) shotgun wounds."
    http://bit.ly/1ejmBwj

     

    For background reading on deaths that are conveniently labeled as "suicides", look up or do a search on the term "Arkancides"
    7 Apr, 06:28 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    These Type-A types are often pretty highly strung, so maybe a few do go over the edge.
    They have a long way to go to catch up to my VN Vet friends ratios of suicides though.
    A LONG WAY.
    7 Apr, 06:47 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Old Warrior
    Isn't the Agent Orange killing more of them than suicide?
    7 Apr, 07:43 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    By 1997, slightly over 300,000 VN Vets had committed suicide, or had died suspiciously like single-vehicle motorcycle accidents. At that time the VA admitted that veterans who had been combat wounded were 6 times more likely to kill themselves than their peers. That was the last year that they released statistics. Now I know a lot of my friends suffer from Agent Orange effects, but not all are fatal. Chloracne is the most common (think constant boils all over your torso). The one killer that the VA will not attribute to Agent Orange that so many of us have is kidney failure. It's as common as most of the other effects, but is the most expensive to treat. In my MOPH group, about 1/3 have kidney disease-mine are about 40% functional. Suicide is still the biggest single cause behind only vascular disease-especially cardiac vessels. The VA has put us on the back burner these days due to all the new vets, so don't expect much more statistic analysis of us anymore.
    8 Apr, 01:28 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » The *IT FIB* just sent out a message stating the markets are in for a rocky summer.. Gold will again come close to $1400 and some bad economic news is on the horizon..

     

    I have it working on an NFL mock draft right now..
    7 Apr, 08:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » HEY ANYONE WANT TO UPDATE ME ON THE PRICE OF TWITTER AT THE BEGINNING OF THE YEAR AND WHAT IT SELLS FOR NOW.

     

    Remember the IT FIB said it will fall on it's face this year>>
    7 Apr, 08:56 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    It's higher than it was in Dec. '13... You are cherry-picking time frames to suit your narrative. Let us not shine the spotlight on gold...
    7 Apr, 08:59 PM Reply Like
  • CWinn1970
    , contributor
    Comments (338) | Send Message
     
    IT...do you care to tell us what is this bad economic news that you are forecasting to be on the horizon?
    8 Apr, 01:34 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    My chart shows it at 59.29 Close Jan 2 and $41.78 today.
    Range $38.8-$74.73.
    44.09% below high. Short Interest as of 3/15 8.31%
    Nothing to Cherry pick there, that is hard Data.
    8 Apr, 08:33 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    67.50 on 1/2/14. You need a new chart. 59.29 was on 1/8/14. Not cherry-picking - true. Just wrong.
    8 Apr, 08:46 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    My Bad. I must have hit 3 months instead of YTD
    I agree with 67.50
    Regardless, it aint pretty this year yet, and If I was lucky enough to get it on IPO, I sure wouldn't still be holding it ex-contract.
    8 Apr, 10:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » CWINN

     

    The Fed won't get out of the way. They will have another program with just a different name...

     

    3rd quarter or possibly the 4th..
    9 Apr, 08:50 PM Reply Like
  • CWinn1970
    , contributor
    Comments (338) | Send Message
     
    So how's this good for gold?
    9 Apr, 09:51 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    CWinn,

     

    Because the price of gold is inversely proportional to the Twitter C-Wave.

     

    Follow along - it's not that difficult.
    9 Apr, 09:55 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT has it figured out. It's easy !!
    10 Apr, 01:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT

     

    It already is shining ! Some just don't know it yet ......

     

    Now if you really like baseball you have to check out the Mints baseball coin. Never done before in an oval.

     

    BTW. I never cherry pick :)
    7 Apr, 10:55 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Well, Gold briefly broke 1310, but hit heavy resistance. There is your real indicator of inflation. As long as interest rates and gold stay low, inflation has not yet begun. Interest rates can be artificially low; but when people have little demand for gold,, that is your indicator.
    This requires BOTH to stay low. If banks can make a profit without seeing their money devalue, they can keep interest low. If they smell deterioration, no "Fed Rate" will keep interest down.
    By the same token, the masses speak through gold/silver.
    Where there is true inflation is in the Market, where PEs are going skyward. Try to find a basket of 10 stocks with a PE under 20 among the S&P (that aren't in big trouble).
    9 Apr, 03:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » BEEN AWOL FOR A WHILE.. what did the FED say today ? I stole this comment.. Does it make sense ?

     

    "The arrogant attention seeking educated know nothings at the Fed added a third mandate all by themselves "Keep the stock market inflated". To even discuss the stock market at a fed meeting shows absolute ignorance of Banking 101. But then, these are same breed who missed the whole housing bubble when it was plain to every man, woman and child in the country."
    9 Apr, 08:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    "readings on financial developments" = "keep the stock market inflated"? Balderdash.

     

    If your quote is from a SA contributor, I could probably narrow down the source to a small number of potential sources.

     

    AWOL? I thought you were in a gold slump induced coma...
    9 Apr, 09:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » $1300 is a slump ?

     

    Where are those that called for $700 gold..
    10 Apr, 01:20 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Last half of March is was slumping big time. Of course, this time last year is it was $1600/ounce. That's only a 19% slump...

     

    I remember people calling for $2000 - $5000/ounce gold, too. You don't hear them crowing too much anymore, either. ;)
    10 Apr, 02:04 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    JBT, They are still around. Stop by KWN when you need a dose of it.

     

    http://bit.ly/1mUrR1t

     

    Can the FED continue to inflate the money supply and steer it to the stock market while simultaneously selling down paper gold?? The plot thickens.
    10 Apr, 03:09 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    At least they're semi-contained to their own delusional worlds... There was a time they were rampant on SA, and MW...
    10 Apr, 04:08 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    SA & MW has done a pretty good job at discouraging articles crowing about much higher gold prices. Free speech is great, but it is also nice to know that sites like SA & MW have "our backs" and are effective at "toning down" the hollow predictions from the gold-bug crowd.
    10 Apr, 05:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT is sneaking up on the leaders. Better watch out !!
    10 Apr, 06:32 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I've been in 3rd all week. ;)
    10 Apr, 06:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » Hope your RFL is doing just as good...That's what counts..
    10 Apr, 10:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » JBT

     

    Some commenters and articles did go to the wild side. It was tough to liquidate some of that gold at $1900. The smaller guys would not buy it.. They knew it was going to drop in price.

     

    @COINS

     

    You around anymore ? Is this true ??
    10 Apr, 10:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » OAG

     

    This isn't good news is it ?

     

    "Momentum stocks collapse as Nasdaq posts worst loss since 2011 !

     

    Yesterday's gains proved nothing more than a dead-cat bounce, as traders unloaded their riskiest stock holdings across the board to gird against potential losses during earnings season.

     

    Nasdaq suffered its biggest one-day percent decline since Nov. 9, 2011, and the Dow and S&P 500 took their biggest one-day point and percentage hits since February.

     

    The Nasdaq has now dropped 7% below its 2014 closing high of 4,358 reached March 5, while the S&P 500 closed 39 points lower at 1,833, falling below its 50-day MA and close to crossing its 100-day MA.

     

    Biotechs were hammered, with the top biotech index (IBB) closing -5.6% and dragging down the health care sector (-3.3%), the worst performing sector in the S&P 500; but there was plenty of company, with the tech, materials and financial sectors all down at least 2%.

     

    The significant gap between losses for the Nasdaq (-3.1%) and Russell 2000 (-2.8%) vs. the Dow (-1.6%) and S&P 500 (-2.1%) suggests emotions played a major role in the selling of high-beta names.

     

    Money rushed into Treasurys amid the heavy selling in equities; the 10-year yield slid 5.6 bps to 2.628%, posting its lowest close since March 3, and the yield on the 30-year bond sank 6.2 bps to 3.503%, the lowest close since last July."

     

    GOLD IS WARMING UP IN THE BULLPEN !!
    10 Apr, 11:14 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Gold might go down with equities on a sell off if the scenario of nowhere to hide turns out.
    11 Apr, 04:45 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    IT, I'm beside my self this morning. From all that I am told, or read by the "experts", yesterday's market-vortex is yet another strong signal that our economy is entering into a robust recovery.

     

    Outstanding unemployment figures were released. If this trend continues, unemployment levels will reach an all-time post WWII low prior to the 2016 election! Hillary will be allowed several mis-steps in her campaign, and if she can continue to sidestep a few shoes sailing her way, she will sail to victory in '16.

     

    CPI is doing very well as low inflation numbers continue to be maintained at a very manageable level. Good job by the Bureau of Labor Statistics at keeping these rates at a healthy level.

     

    ACA is gaining momentum and people continue to sign up at healthy levels exceeding everyone's expectations. This often criticized program is doing so well that Kathleen Sebelius is able to retire from this position ahead of schedule!

     

    Auto Sales, Real Estate, are all doing well, and are poised to continue their strong recovery, despite a little hiccup earlier this year due to the cold weather brought on by global warming. More good news.

     

    The FED is tapering. Russia is being held in check due to the tough sanctions being imposed by the "free" world, led by the US. Let's face it, would you want Lurch to show up on your doorstep to discuss global security matters? That's intimidation for ya!
    There is so much good news going on right now all around us I'm surprised that the POTUS doesn't just schedule another prime time state of the union address to gloat over all of these positive achievements and pad the leads for fellow dem's for the upcoming mid-terms.

     

    Have faith. This bull isn't dead yet, just taking a brief breather. As the good news continues to flow, overall strong earnings reports, etc., we will be back on new highs before the month is out and positioned well heading into the summer.
    11 Apr, 10:05 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Tommy is the one to look out for. His rise in the ranks has been almost meteoric. Wasn't Tommy complaining about placing low in the rankings because of a late start? :)
    11 Apr, 06:33 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Spssssst. :)
    11 Apr, 07:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » COME ON ..IS ANYONE CONCERNED ABOUT A 15% CORRECTION?

     

    CAN IT HAPPEN ?
    10 Apr, 11:08 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I'd rather not see one happen, but I'm not concerned about one, no.

     

    It has happened in the past, and it can and will happen again in the future.
    10 Apr, 11:11 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Not being concerned either IT,apparently markets are rolling over. Volume on pure up days was/is just meager. This bull is getting old!
    11 Apr, 04:36 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    I'm still calling for a modest gain for the markets at years end 2014.

     

    But, I am reading that a forecast of an up to 15% drop in the stock market is being forecast this autumn. Is that in addition to a 10% drop prior to autumn? Or could we head off the 15% fall, this fall, by realizing a larger portion of this drop taking place before then?
    11 Apr, 10:47 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Would not know how low markets will correct to and when the low would be reached.
    But do know that the market is running out of steam. For several months now volume on up days has been sluggish and only improved when markets went down indicating to me personally that there was/is not much buying interest present,yet.
    11 Apr, 12:32 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    15 % down equates to about 18% up to be even.
    That is ~33% round trip for short and long opportunities.
    Would it be preferable to have the market go up 20% in the same time period?
    Of course this is mainly from a perspective of trading,however also positive for investors interested in capitalizing on a pullback to be able to buy more shares later. Buy and hold only,don't care or neither see an event like that as an opportunity. The Chinese symbol for crisis and opportunity are the same! Used to be a culture of wisdom.
    11 Apr, 07:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » TOMMY

     

    So how much of a pullback are you expecting ?

     

    How long for a recovery ?
    11 Apr, 10:38 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Would not know how low markets will correct to and when the low would be reached. Did not know 2 weeks ago that the market would be here,neither is it known where markets will be ending up this week nor next month. Do contemplate several scenarios,which one will play out remains to be seen.
    12 Apr, 03:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » NO INFLATION HUH ??

     

    http://huff.to/Qhp44O
    12 Apr, 03:08 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    All the more reason to become a vegan.

     

    If you wear heavier clothing in the winter, drive a Tesla, put up a windmill in the yard, abstain from using animals for meat/clothing, not only will you save the planet, but you won't have to worry about all of this unnecessary inflation being mis-reported.
    12 Apr, 04:25 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Having just gone to the Grocery Store for the first time in many months (my wife usually does that), I saw a hell of a lot more inflation there than they gave me on my Soc Sec check. TG I don't have to live on SS.
    As I said on my reply about inflation above-I do not disagree that we have inflation, just that the one article did not show specifics like the article on Beef did. Everything from Beans to Chicken and especially fresh Vegs and fruit are all up.
    My Fav resort near Ruidoso is up to almost $400/night from $300 last year and Greens Fees are up unreal as well. They don't count those in the CPI though.
    12 Apr, 07:52 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    @OAG
    Don't forget that they burn a lot of coal to generate the juice to charge your Tesla. Wool is OK since it doesn't bother the sheep to get haircuts, but in summer I guess I'll have to spin my own linen from Flax. LOL
    12 Apr, 07:56 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    We have a tee-off 10 feet off our back deck. :) Not a whole course yet, but it's fun to go slug some range balls from time to time (and it's free, minus the cost of the unretrievable balls).

     

    We're probably putting off our chicken coop/run off until next spring. I have two 16'x20' plots tilled up for corn (last year's was a failure due to wind storms). Beans and peas are planted and starting to shoot up. The rest of the veggies will go in next weekend or the one after.

     

    Got some ribeyes for $6.99/pound today, so that's not too bad. Inflation has us shopping the sales more often these days. If we are frugal in our ways, we don't really feel the inflation pinch too much. Gas price sucks... Had to pay $30 for a deck belt for our riding mower.

     

    You can either complain about inflation, or do everything you can to avoid it.
    12 Apr, 08:11 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Great price on the Ribeye, my T-Bones were over $10/pound.

     

    I guess I can hit "Whiffle-balls" from the sand "bunker" on my side-yard. LOL
    I had to replace my lawn several years ago and Xeriscape to meet local water restrictions. (I live in High Desert)
    12 Apr, 08:19 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Looks like the feds might have learned their lesson, and are pulling back from that time bomb they had ticking in Nevada...

     

    http://fxn.ws/Qi89yR#
    12 Apr, 08:12 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    It's certainly not over John. We had similar problems here in NM where ranchers were overgrazing public lands. The solution here was to outlaw cattle coming within 20 feet of any natural spring or river, and fencing them off. There are few animals that damage sensitive "Semi-Arid" land as much as cattle except sheep.
    The affected ranchers here had even stronger claims to the federalized land, based upon Mexican Land Grants; but they lost eventually, much as this guy will. The real issue is that he could have taken the money originally offered years ago and bought land in the midwest that can support grazing. Out here it can take more than 150 acres per head to support grazing, where in Iowa it's rated heads/acre, not acres/head.
    You have to love these "Home-Grown Militias who claim rights that not only do not exist, but that not one in the Militia has actually served his country in a real conflict. They have never seen combat and think it's all exciting to carry an assault weapon and play war in the countryside, when they have never seen the mud and the blood and the tears. They have never smelled human blood, nor watched the life fade from the face of someone the love or have killed up close. They have not earned the right to claim "Ancestral Land" if they have never served to earn their rights. I can tell they have never served because those who have will go to any length to avoid facing hostile fire again except to save a life. NOT over a patch of desert land.
    As an aside, the first thing I told my wife after hearing about the Ft Hood shootings was that it would turn out to be senior NCO's that the guy had shot because they were doing something to show "power" over him. Sure enough it was 3 senior NCO's. They had given him only 1 leave day when his mother had died, and were hasseling him when he was trying to apply for a transfer. Probably the worst cause of low morale in Viet Nam was alcoholic senior NCOs bothering GI's just because they could. That is when the word "Fragging" came into our language. Most people think it was officers that go Fragged. It wasn't. It was Sr NCO's that never went into the Field, just hassled those GI's freshly back from 'the field".
    12 Apr, 08:43 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Harry Reid is the reason for the innocent slaughter by the "Gubment" all for his agenda. http://bit.ly/QiekmO
    Harry Reid behind Bundy cattle ranch scandal, according to purged documents
    12 Apr, 09:02 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Here is a screenshot of one crucial document from Google’s cache.

     

    The most interesting line might be:

     

    “Non-Governmental Organizations have expressed concern that the regional mitigation strategy for the Dry Lake Solar Energy Zone utilizes Gold Butte as the location for offsite mitigation for impacts from solar development, and that those restoration activities are not durable with the presence of trespass cattle.”

     

    The federal government’s story so far is that the whole showdown was necessary for the protection of gopher tortoises.
    12 Apr, 09:03 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Of course, if you own the land and the water rights near Las Vegas, you can make a fortune putting up houses, solar panels, and selling water to drought-stricken cities. It’s a very lucrative win-win for somebody.
    Update: As of this morning, the Federal Aviation Administration has declared a “no-fly zone” over the area around the Bundy ranch, effectively preventing news helicopters from obtaining footage. One wonders what they’re afraid the American public might see. Other than the water.

     

    Read more: http://bit.ly/1kkg3Db
    13 Apr, 08:26 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Coins
    here is an article from Natural News that has some fantastic pictures of the standoff
    http://bit.ly/1sYciat
    13 Apr, 09:22 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    IT, Scary week ahead.
    There will be a Biblical full "Blood Moon" the 15 &16th. At this time Mars (planet of war to some people) will be the closest to the Moon that it has been in 6 years. Will tension between Russia and the US escalate? Will Malaysia Flight 370 turn up somewhere? The search is most likely a bogus media event as the plane was probably flown to Diego Garcia US military island base. No wreckage in the search area because maybe there is no wreck.

     

    I have a large commitment to PM mining stocks in the Portfolio and some in RL. Gold seemed to bottom the week before. It held up this week even as the stock market dropped 2.6 to 3% for the week - though the PM stocks suffered.

     

    I believe, but cannot know for sure, or prove it, but the next move for gold will be a gap upward in price. If gold starts to move, it will quickly to to (GLD) 130 or about $1340 /oz. I will hold as gold has gained the upper hand technically. Its current position says it is going higher. I'd say 75% probability for higher.

     

    Technical picture of GLD
    Price: 126.93
    50 day MA: 126.63 [according to Yahoo]
    200 day MA: 125.22

     

    As one can see the 50 day is above the 200 day and the Friday close price is above the 50 day price - a bullish configuration. The actual price only has to hold above the 50 day ave. Holding positions here is logical: it's simply just following the trend. Don't know what the exact next move will be, but the trend seems to be confirmed - up for now.
    12 Apr, 10:36 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Thanks John. It begins Tuesday April 15 . 'Interesting Times' as someone once said ! http://bit.ly/1lWxs4V
    13 Apr, 08:29 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    I posted a link to my "Scary week" ahead & gold comment above in a comment on Avi Gilburt's latest article, so out of courtesy to him I will give a link here back to his article, "What Are The Controlling Arguments For Being Bullish On Gold?"
    http://bit.ly/1lXN4VC
    13 Apr, 02:35 PM Reply Like
  • Robert Duval
    , contributor
    Comments (4072) | Send Message
     
    http://bit.ly/1oYpQU3

     

    I'm going to post here occasionally. I'm a full time professional in this game for the last 15 years.

     

    Someone chose to call me a liar on the other blog --- Fear and Greed. I've called him out on it but it's unacceptable behavior. I don't tolerate such actions.

     

    I'm very blunt and very agressive in my trading. I'm also leaning bearish on gold, so some of you will not like that, but it is what it is.

     

    Any real acceleration in the US economy is an issue for gold. At the moment I'm agnostic, but think the next break will be to the downside.

     

    My best idea right now is in my instapost above.

     

    Good luck to all.
    12 Apr, 11:15 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Macro "Someone chose to call me a liar on the other blog --- Fear and Greed. I've called him out on it but it's unacceptable behavior. I don't tolerate such actions."

     

    F & G has shown the same intolerant attitude on many different occasions Macro. I have been following your posts with him on the other blog since he stopped posting here. I don't want to be bearish on PM's but if it is correct I want to know as much as I can.That's just being objective IMHO. But for him to dismiss that it is the legitimate market and a vocation for many legitimate dealers ,traders etc. that it is ,becomes rather silly after he demands we acknowledge his vocation as a Financial Planner .At any rate glad to see you posting here.
    13 Apr, 08:35 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Macro
    Outspoken and blunt is appreciated. Its fearful and vacillating that I don't like.

     

    Any time you take a position at a possible pivot point you of course worry about it going against you the other way. Especially when the market itself does not know which direction gold will go next.

     

    My short term view is up to next resistance $140 (GLD)-maybe- based on recent price, reasons given above, then likelihood of a reaction down.
    13 Apr, 09:12 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Macro

     

    Do you have a short term view on the general equity market (SPY)? - Are we at ST support here and get a bounce, or continue down?
    13 Apr, 11:39 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    I want to put a Price Target on my (JAZZ) at 152.44, and 92.99 on my new (CBI) please.
    13 Apr, 08:01 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Index futures are down overseas tonight right now, but gold is up to $1327 right now. Another day or 2 of gold higher and stocks lower might be signs of capitulation. Zacks says go 100% Long in some article I ran across, so that is my Sell Signal.
    13 Apr, 09:19 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Capitulation? Does that means the selling is exhausted for now? Or capitulation like abandon ship?
    13 Apr, 10:18 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    I was meaning Abandon Ship if we see money flowing out to both bonds and Gold for several more days.
    It's still early in the evening on the overseas indexes, but they are still down. We'll know more in a few hours. Things look to be stabilizing and the USD is up.

     

    I am having a terrible time uploading a JPEG into my Blog tonight. Anyone have any tips?
    13 Apr, 11:03 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    We are still free to vote.That's about it.
    13 Apr, 10:35 PM Reply Like
  • CoinsK
    , contributor
    Comments (3357) | Send Message
     
    Are you sure about the "Free" part of that Al?
    http://on.fb.me/1m545zS
    15 Apr, 09:17 AM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Coins,

     

    Sometimes we're "deceived" because our master's care.
    And enjoy our exuberance !
    15 Apr, 09:25 AM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Coins,

     

    Thank you, I did watch and listen to the presentation.
    15 Apr, 06:44 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    If voting really changed things they would make it illegal.
    15 Apr, 07:55 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    John we are in a tough spot in which the only ethics left is the numbers.
    15 Apr, 07:59 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Come on (GLD) show us your move!
    Resistance zone coming up.(127,86/128.47). Volume on this bounce has been unconvincing,if that improves combined with a break out,up trend would continue.
    14 Apr, 06:34 AM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    VRooommm.........
    14 Apr, 06:42 AM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    I'll be glad to get back into the green on this,before July.
    14 Apr, 11:56 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    You are close AL ! :)
    14 Apr, 12:30 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Thanks Tom
    14 Apr, 12:38 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    Yes, Al. You are ahead of not only some dividend investors, but also ahead of some people that gamble with 3x PM funds. ;)
    14 Apr, 07:40 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Yes Sir Mr. Bin.

     

    BTW PGW has 1500 mi of shuttered pipe,got to be replaced.
    14 Apr, 08:21 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    All I need is a few good days to get back out of the Red. JAZZ was up near $5 today early on, but couldn't hold on. I have been violating my investing discipline by setting Stops. It's really hard to break old habits and change my whole outlook. Now with my RLP, I'm doing far better at sticking with my discipline. I don't know why I get so defensive with paper trades, but make money trusting the Buy and Sell signals in this approach in RL.
    If you want to see the approach I am working on, I have it shown on my Blog.
    One of the most important parts of this discipline is to only sell at Price Target, or 3 months-something that is completely counter to setting Stops. Breaking this discipline just destroys the strategy. I'll be back up there well into the Black I believe unless the whole Market goes titsup.
    14 Apr, 08:27 PM Reply Like
  • Robert Duval
    , contributor
    Comments (4072) | Send Message
     
    The trade I have recently mentioned, short Gold, has triggered and I am short June futures. I see a potential big move down here developing. Trigger is a WSJ story about weaker Chinese demand...

     

    I see an improving US economy and this is bearish for gold as well.
    15 Apr, 07:37 AM Reply Like
  • Robert Duval
    , contributor
    Comments (4072) | Send Message
     
    http://bit.ly/1m4V4Xs
    15 Apr, 07:51 AM Reply Like
  • Robert Duval
    , contributor
    Comments (4072) | Send Message
     
    http://seekingalpha.co...
    15 Apr, 08:53 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Even though today stung if you had gold stocks, there is the danger of the whipsaw in going short on the 15th after the decline already took place. In hindsight I could agree with selling on Monday the 14th at (GLD) 127 to 128, but it could shoot right back up from here.
    15 Apr, 11:22 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    I don't see (GLD) climbing on Wednesday either as Gold dropped to ~$1297 already tonight in Asia.
    US Indexes are up again atm, along with the USD.
    15 Apr, 11:39 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    OW
    I all depends on animal spirits, "sentiment" and the gravitational affect of the moon - and the eclipse of the moon too, and if the Chinese feel like buying. And I hear Iraq is buying gold with its oil money -after all we have done for them! Who ever is selling gold, there will be another party buying it.
    16 Apr, 12:26 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Please buy (DUST) with all the money I have
    Thanks
    16 Apr, 09:21 AM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    At 6:55 PM CDT I just looked at Comex June gold on 15 minute chart. It had been flat-line most of the late afternoon. Looks like it is resolving to the upside right now.

     

    If it lifts above 1304, 1305, this flash correction will be over.
    http://bit.ly/18FUmn6
    Click on June Chart icon. Choose desired time period and Update.
    16 Apr, 08:05 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (932) | Send Message
     
    JW, Do you have confirmation that the FED & bullion banks, will allow this correction to be over? Do we have any guarantees that the 4/15 take-down that occurred in pre-market hours and early into the open on Tuesday, will not occur again anytime soon?

     

    I'll reference information from our friend, Mr. Dave Kranzler on this:

     

    http://bit.ly/P6eVHj
    16 Apr, 08:18 PM Reply Like
  • John Wilson
    , contributor
    Comments (1280) | Send Message
     
    Good article above - read it. Reminds that yesterday Tue 4/15 was the one year anniversary of the $200 gold:

     

    "It is no coincidence that today is the anniversary date of last year’s $200 price plunge in gold. In fact, about a week prior to last year’s intervention operation, a series of bearish articles and Wall Street analyst reports started hitting the newswires, similar to the flurry of news reports that were released last night. It is painfully obvious to anyone paying attention that there is a serious effort being conducted by the Fed, the U.S. Government and the big banks to hold down the price of gold."

     

    $200 plunge last year. $15 plunge this year. The Fed and bullion bankers don't want this correction to be over, but they're running out of ammunition, and also, they've got to sleep sometime.
    16 Apr, 08:46 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    $200 is a plunge and $15 would also be a plunge?
    17 Apr, 03:44 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Gold fell ~$2 to 1301.2 at about 1900 on http://bit.ly/1dtRWlj
    17 Apr, 12:42 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    Gold plunge continues today. ~$1294. Bites unless you hold (DUST).
    17 Apr, 01:26 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » I AM BACK !!

     

    Went on a mini getaway with the wife. Got some catching up to do. I see the plane still hasn't been found, we almost had a shootout in Nevada, the Taliban have a party that no drones showed up for, the markets are swinging back and forth.

     

    Janet said nothing earth shattering..

     

    BUT MISSING OUT ON THAT TALIBAN PARTY ? humm... I had my drones idle when I was away.

     

    Did I miss anything ?
    17 Apr, 03:47 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Not really.Good to see you back.
    Take a look at Dust on the portfolio ?
    17 Apr, 03:54 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    I'll bet there were no hot chicks at that party... :)
    17 Apr, 04:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » AL

     

    I did watch the markets somewhat when I was away. Saw gold hitting $ 1300 again..

     

    But basically just spent time relaxing at our timeshare. Charging $10 bucks a night for internet service, so I passed on it for a few days..
    17 Apr, 04:10 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    Smart move,I hate to see you have to get back into the systematized groove,welcome back to status quo.
    17 Apr, 04:18 PM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    IT did you see NG futures this morning"inflation is the greatest weapon against morale,social,and economic decay" yes Ma'am, you can save the paper and the man's trip to the box.
    18 Apr, 07:51 AM Reply Like
  • al roman
    , contributor
    Comments (5899) | Send Message
     
    In cash,put that in ui next dip,seriously man.
    18 Apr, 08:58 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    IT
    I take it you didn't have a cell signal out at your timeshare? Whenever I'm away from home, I log onto my Smartphone and use it for secure Internet, rather than insecure hotel Wi-Fi or whatever.
    The problem is that up in the Rockies, cell signals are pretty sparse outside of towns, especially on the West Face of the Colorado Rockies, and points north.
    17 Apr, 07:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » OW

     

    Nope, no cell tower signal. So I try to avoid the timeshare internet as much as possible... It is tough not having the internet. But sometimes a good idea to just get away from all the noise..
    18 Apr, 11:34 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    OW,

     

    We cut the landline and now use a mobile hotspot for home internet. Service reliability is a function of location but is getting better as the wireless infrastructure is gradually upgraded. Similarly that new $40 Winegard HD boost antenna is picking up more free channels every month as the new FCC regs take effect.

     

    http://bit.ly/1hRq7nU
    17 Apr, 08:31 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3754) | Send Message
     
    The free TV via antenna leaves a lot to be desired, sports not included. The pay TV via cable/dish also leaves a lot to be desired, but at least it offers options (varying levels of crap?).

     

    I am hoping for the day when I can just pay for what I want (maybe over the internet). But, need all the (live) news channels. Local sucks.
    17 Apr, 08:46 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    EA
    Mind if I ask what OS you use? I have a Win Phone and a ZTE 890 JetPack Hotspot; but I don't know what OS the JetPack uses. My wife won't cut the Landline. She wants to still be in the Phone Book for some reason. Cost isn't an issue, I don't mind a $400 monthly bill for Phone, Cell, DTV and Internet as long as she is happy. Going on 42 years in June so I KNOW just to suck it up and keep her happy.
    Reason I ask about the Hotspot OS is all the Android Malware out there.
    17 Apr, 10:31 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    OW

     

    I like to try them all. We've got both Apple iphones and a Samsung Android smartphone for me and a windows PC, ipad and an Android tablet. I've used Sprint for years still even have the first picture phone by Samsung from when it first came out before the network could carry it. Its old but still works. I use a Sierra Nevada Hotspot from Virgin Mobile same Sprint network but no contract. Sprint has wide coverage and is building out its network though perhaps not to the same standard as Verizon.

     

    http://bit.ly/1hRNyNT
    17 Apr, 11:08 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2455) | Send Message
     
    No, I can't even get a Sprint signal inside the VA hospital on Sprint, where I get full bars with Verizon. Sprint doesn't cover the SW very well.
    I still have a Bag Phone in my garage LOL. It came with the 64 T-Bird I restored.
    Put a 5.0 HO in it with dual quads. Blew the doors off a Dodge RT Charger the first time I tested it <G>.
    17 Apr, 11:37 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    I haven't tried it yet but am tempted to experiment with a boost antenna for mobile.

     

    I don't doubt there is plenty of the shelf hardware out there that can help the creative individual exploit a target rich environment when it comes to wireless network resources.

     

    So far Sierra Nevada seems to be the one to emulate; they're out they're in Charlie Ergan country with DISH and others. They've got some awesome systems used by Fire Departments and such.

     

    Gee, I had a '64 T-Bird too; black with red interior with a hi compression 390. Loved that thing. It pinged on regular but I finally figured out to mix a gallon of diesel with every tank to boost the octane. Tried some 100LL but it was way too easy to smoke the tires, lol.

     

    http://bit.ly/1eQsirC

     

    http://bit.ly/1eQsjM8

     

    http://bit.ly/1eQsirG
    18 Apr, 09:25 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2493) | Send Message
     
    On a related note, this just popped up. Seems it just rolled over from SA Pro. (AVNW). I'm putting this one on the watch list for the Ultimate Challenge.

     

    http://seekingalpha.co...
    18 Apr, 09:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11063) | Send Message
     
    Author’s reply » NEW CHAPTER FOLKS...

     

    http://seekingalpha.co...
    18 Apr, 11:39 AM Reply Like
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