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yellowhoard

yellowhoard
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  • COMEX Gold Inventories: Every Top-200 Hedge Fund Can Buy All The Registered Gold At The COMEX [View article]
    And when the Chinese back the Yuan with gold do you think that the Asian exchanges will be content to settle contracts with US play money?
    Jul 28 11:33 AM | 9 Likes Like |Link to Comment
  • COMEX Gold Inventories: Every Top-200 Hedge Fund Can Buy All The Registered Gold At The COMEX [View article]
    " You can't fight the FED and their minions like JPM, Goldman.."

    As the largest stockholders of the Fed, I would argue that the Fed is more in the position of 'minion' to JPM and GS than the other way around.

    One day soon, a van will back up to the loading bay at the COMEX and there will be nothing sitting there.

    That will be the last day that you can buy anything with anything smaller than a hundred dollar bill.
    Jul 28 11:04 AM | 9 Likes Like |Link to Comment
  • Why The Price Of Gold Is Falling [View article]
    By "gold bugs", are you referring to the worlds Central Banks that are accumulating massive positions? How irrational!

    Or, perhaps you're referring to George Soros who personally owns over 11 tons. He's so wacky!

    Why is it that every time I read an article that is negative on gold I read that people who are pro gold are "gold bugs"?

    Seems just a tidge condescending.

    If any group of investors deserves a label that denotes irrational behavior, that would be the government debt buyers, or bondtards.
    Mar 4 04:13 PM | 1 Like Like |Link to Comment
  • Silver Bull? 6 Funds To Consider In Addition To Bullion [View article]
    You're right. SLV "tracks the price of silver".

    Problem is, the custodian of SLV is also the largest short of silver in the world.

    I could offer an ETF that tracks the value of the Empire State building and use the proceeds to pay hoodlums to spray graffiti on it every day.

    Kind of the same thing.
    Jan 19 12:10 PM | Likes Like |Link to Comment
  • Silver Bull? 6 Funds To Consider In Addition To Bullion [View article]
    You are doing a disservice to your readers by recommending SLV.
    Pay the small premium and buy Sprott.
    Jan 18 02:40 PM | Likes Like |Link to Comment
  • 20 Reasons To Consider Silver For The Long Term [View article]
    Silver, as a byproduct of industrial metals mining, is positioned perfectly for any outcome.

    If the world economy continues to slow, mining will slow, therefore supply will shrink.

    If the world heats up, industrial applications and demand will absorb new supply.

    Most likely, the world will slow and money supply will rise and silver will explode higher.

    Prices will rise much higher than anyone has forecast.
    Jan 10 07:21 AM | 4 Likes Like |Link to Comment
  • Stagflation: Coming Soon To A Market Near You [View article]
    We're reliving 1977.

    Rising gasoline, gold and food.

    And yes, we will all soon be wearing leisure suits and listening to disco.
    Jan 8 04:02 PM | 9 Likes Like |Link to Comment
  • The Trillion Dollar Coin Idea: Beyond Stupid [View article]
    Of course, I suppose if I got the reputation as the "Trillion Dollar Coin Guy", people would stop taking me seriously and nobody would want to go to lunch with me anymore.
    Dec 11 09:11 AM | Likes Like |Link to Comment
  • The Trillion Dollar Coin Idea: Beyond Stupid [View article]
    You'd never have to pay for anything ever again with one of these babies in your pocket.

    "Gee guys, I'd help pick up the check but all I've got is this trillion dollar coin."
    Dec 10 04:03 PM | 3 Likes Like |Link to Comment
  • Capacity Utilization Points To A Boom In The Mining Industry [View article]
    Muchos gracias.
    Nov 25 04:38 PM | Likes Like |Link to Comment
  • Capacity Utilization Points To A Boom In The Mining Industry [View article]
    I'm a big fan of the silver miners over the next several years.

    Political risk seems to be the only headwind that I can foresee.

    Can you name an up and coming silver miner that you would be comfortable buying and forgetting about for a five year period?

    Thanks in advance.
    Nov 25 09:17 AM | Likes Like |Link to Comment
  • Returning The Dollar To The Gold Standard Is A Really Bad Idea [View article]
    Subtract out of "production" government deficit spending of over a trillion dollars and financial sector profits that are based on mind boggling leverage, 100's of trillions of derivatives, and the backstop of taxpayers in the event that these Wall Street psychopaths miscalculate, and you've got a percentage that's higher than 200%.

    We don't make anything anymore. Our GDP is an illusion.

    Thank you Bush41, Clinton, Bush43, Obama!
    Oct 11 08:59 AM | 1 Like Like |Link to Comment
  • Returning The Dollar To The Gold Standard Is A Really Bad Idea [View article]
    As I said, JPM has huge naked short positions in gold and silver that artificially depress the price. They have succeeded until now because most traders on the other side of their positions are content to settle with cash or roll the contract forward. With physical gold and silver at the COMEX in short supply, it will not be long before a large player stands for delivery and the whole suppression scheme falls to pieces.
    Aug 24 02:08 PM | 3 Likes Like |Link to Comment
  • Returning The Dollar To The Gold Standard Is A Really Bad Idea [View article]
    Wow. What a thin argument.

    The argument that there is not enough gold in the world to accommodate a gold backed currency is moronic. At today's JPM naked short induced prices, no, you're right. At $50,000 an ounce, there is plenty of gold to back the currency in circulation.

    You make each dollar worth 1:50,000 of an ounce and 'voila' there is enough gold to back the currency.

    Regarding the "peak gold" argument, just like oil or natural gas, in ground reserves increase as the price goes up, as otherwise "too expensive" recovery technologies become affordable at higher prices. If gold goes to $50,000, for instance, technologies currently in existence to harvest gold from the ocean floor would be economically deployed and the supply would once again shoot up.

    Finally, the best argument against a gold standard was not even mentioned in your piece. That is, because the gold market is controlled by a relatively small number of people in the world, it's availability can be gunned up and down by the few to accomplish the same inflation and deflation that can be used to concentrate property in their own hands.

    A better standard would involve commodities that are consumed and therefore more difficult and costly to hoard and corner.

    While a gold standard would be preferential to the monetary chaos that we have today, a basket of commodities would be best and most difficult for the global powers that be to dominate.
    Aug 24 10:00 AM | 4 Likes Like |Link to Comment
  • Watch Out For A Supply Shortfall In Silver [View article]
    Naked shorting of the silver market has been effective for quite a long time.

    However, with physical inventories at record lows, we could see the short squeeze of a lifetime if one or more large players insists on taking physical delivery of the metal and refuses to settle in cash or have the contract rolled forward.

    Because silver, unlike gold, is constantly consumed in countless applications, it is harder for the large institutions to manipulate.

    One day soon, someone is going to back the armored car up to an empty loading dock and all hell is gong to break loose around the entire world.
    Aug 21 01:31 PM | 2 Likes Like |Link to Comment
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