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  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    DC

    Look at that kid Gregory...A stud according to the pros, yet he had to hit his bong ??

    He just "blew" millions...
    Apr 30, 2015. 04:31 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    DC

    So now another player tested positive for smoking a joint. Ray ???
    Apr 30, 2015. 02:15 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    Yup, and people believe that hook, line and sinker !!

    It seems that actually the wrong doers are being protected..
    Apr 30, 2015. 02:14 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    I wonder if anyone is ahead in the mock challenge for 2015 compared to the end of 2014 ? It seems to me most are at break even at best, or losing their shirts like i am..

    But this is strange since the year before a POTUS election is historically a good one. So why is this year different ???
    Apr 30, 2015. 01:39 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    For those that really do not follow this, many Countries are loading up on physical metals, even JPM admitted to holding more silver then ever..

    What do they know that we don't ???

    Last chapter INDIANAMARK explained how they manipulate the price with naked shorts, maybe go back and re-read some of the comments.. That chapter was full of information !!!
    Apr 30, 2015. 01:36 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    IT'S UGLY IF YOU LOOK UNDER THE HOOD

    My plan for today was to write a very basic piece hitched to the one written yesterday "the money has to go somewhere". The plan was to point out that gold (and silver) will be the final destination for monies dislodged from crashing markets all over the world. Along came the Q1 figures for U.S. GDP, a disaster on many levels. So switching gears, let's look at the first quarter, how quickly the economy has deteriorated and what it means in the future and in relation to the past. I do plan to tie this together at the end because no matter how you look at it, gold is a magnet for what will be shaken loose.


    Q1 GDP came in at .2% growth, this was a whopping $6 billion worth of growth for the quarter . This number was an obvious disappointment as estimates were around 1%+. Of course the apologists were immediately out in full force to remind us of how terrible the winter was and "weather" was to blame. I would ask, isn't that what "seasonal adjustments" are for? Steve Liesman of CNBC even posed the question why seasonal adjustments are "not working". The obvious answer is because you can only stretch, massage and outright lie about economic numbers so far before you cannot any longer ...because even the blind will see it.

    Breaking the quarter down and looking under the hood, were it not for the biggest inventory build of any quarter in history, the quarter would have shown a negative 2.6% growth rate . What exactly does this mean? It means the consumer or final user has shut off their purchases. It means "stuff" was produced but wasn't sold. The inventory build number was over $120 billion, can this happen again in the 2nd quarter? And what if the end buyer keeps their pocketbook shut again? Something must give, either the inventory gets sold or the producers must cut back production drastically.

    It is worth mentioning that QE 3, the "final QE" ended in the fourth quarter. Is this an example of the economy convulsing because the juice was taken away? And let's not forget, today (yesterday) was a Fed meeting and announcement, can they possibly even hint about raising rates and actually withdrawing some of the previous "juice"? Another "blame" is being pinned on the strong dollar, can the Fed really raise rates and put a further bid under the dollar

    What does this mean for the future of the economy and more importantly the financial markets? The markets are at record high valuations, the news of an economy going in reverse can only augur for lower earnings. The strong dollar can only augur for a Fed who doesn't want a stronger dollar. The leverage in the financial system is so thin already, can the risk be taken that something will snap? I don't believe so, I also believe it will not be long before QE 4 gets floated seriously and then implemented.

    As I wrote yesterday, "the money has to go somewhere". It looks to me like some sort of come to Jesus moment is close in both the economy and the markets. If you have been awake, you understand the economic and financial systems, are dichotomized yet so intertwined, a spark anywhere means a fire everywhere! Literally hundreds of $trillions will be shaken, some of it "shaken loose" and will look for a safe place to hide.

    All the gold ever mined in history is worth some $6 trillion, what do you suppose will happen when $10's of trillions seek the safe harbor of gold? No matter how you look at it, the Fed is in a box of their own making, any action or inaction has the possibility of shaking the tree and dislodging capital, forcing it to look for safety. The result will be your "no offer" moment in time. As capital floods toward the only monetary asset that cannot default, owners will pull their wares off the shelf and withdraw their offers. This only makes sense because the movements will be so large and so fast, no one will even know what various assets are worth or where they will settle until after the dust clears.

    I leave you with this thought, if you need to build a fire or light a cigarette, how much would you pay for a BIC lighter? The same could be asked about "money", if one needs to put capital somewhere that cannot ever default (which is gold only), what is one ounce of gold worth? It is crystal clear to me, when this question gets asked, it may take some time for the physical market to clear and give an answer! The true value of gold will shine as a vortex of defaults occurs.

    Regards, Bill Holter

    THOUGHTS ???
    Apr 30, 2015. 01:30 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    Serious question...Why do records get sealed for over half a decade? I don't get it ....
    Apr 30, 2015. 01:25 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    Well as expected they smacked down the metals today. I think the markets might have a correction coming with the flat line GDP..

    But what do i know....
    Apr 30, 2015. 01:22 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    The Jets will probably draft a backup fullback or a tight end..
    Apr 30, 2015. 01:17 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    WHY NO "UPSIDE CARTEL"?

    Several people have asked me "why doesn't a cartel form to take on the suppression schemes on the COMEX and LBMA?". This is a very good question. One I believe can be answered with some common sense, a little bit of thought and a very broad view.

    For a little foundation work let's look at COMEX silver inventories. They claim to have 63 million ounces available for delivery, adding in the eligible category we see a total of 175 million ounces. At current prices, it would only require $1 billion to claim the entire registered category and only $2.8 billion to wipe out all inventory. I am using silver here because the numbers illustrate how small this market really is and how easily the inventory could be cleaned out. Were we to look at their gold inventory, only $10 billion would do the trick!

    Now on to our question, why hasn't anyone taken on the suppression scheme? Why doesn't someone just step up with $10 billion and end it all? First, once upon a time someone did. The Hunt brothers tried in the late 1970's and came close to actually cornering silver ..but as you recall, the "rules" were changed by COMEX and only selling was allowed. Truth be known, they did "corner" silver which is why the rules were changed, the "money interests" were about to go belly up but the Hunts slightly miscalculated. The Hunts had borrowed monies and used margin accounts, when COMEX changed the rules they could no longer fund their positions, they were forced into liquidation. Please understand this, were someone to try to corner the silver or gold markets, they would in effect be challenging the biggest financial powers the world has ever seen.

    Trying to corner the COMEX individually or collectively would be met with some very nasty responses that would know no limits. Some say, and I believe it's plausible if not even probable that JFK was shot because he wanted to bring silver notes back into the system. He wanted to limit or even abolish the Federal Reserve. He challenged the "money interests". It is for similar reasons I believe an individual or individuals would be easily thwarted by threats or worse. In my opinion, an "operation" like this could only be undertaken by a country ...or countries, plural.

    Why wouldn't a "country" make a try at something like this? You might ask Saddam Hussein or Mohamar Qadaffi what they received for wanting to sell their oil for something other than dollars? Your next question might be, why wouldn't Russia try to blow the game apart and expose the fractional reserve nature of the gold market? They are already being sanctioned, so what sort of additional blowback would there be? Or why wouldn't China do this as they surely have the ability to?

    Thinking this through, why would they? Just to blow the credibility of the Western Ponzi scheme? Actually the real question is why wouldn't they? It is my opinion they "have" been doing this, or better said, actively "preparing" to do this since at least 2008. China or even Russia could have blown up the COMEX and LBMA at any given point in time over the last many years but have not done so because they did not yet "have the prize". The "prize" being the contents of Ft. Knox, West Point, NY Fed and BOE vaults! They have been methodically draining these Western vaults for years and accumulating our gold..."in preparation".

    Let me explain it this way, the largest client I ever did business with taught me a lesson very early in my career. He bought 20,000 shares of a stock that immediately went up 15-20%. I called him gleefully to let him know the good news, he cussed and told me to blow it all out at market. When I called to give him his fill price I asked why he was upset, he just made $50,000 in less than a week? His plan was to buy up to 500,000 shares, when he buys something he wants it to go DOWN in order to buy more and build the position without affecting the price upwards. His words were, "20,000 shares is a ham sandwich odd lot position, I'm not in this for nickels and dimes".

    Relating this to China, they have now amassed at least 10,000 tons of gold in my opinion and most likely much much more. More importantly, they have drained a good portion of this gold FROM the West. Blowing up the Western financial system at a time they had not yet "built their position" would have been foolish, doing it after building their position while draining Western reserves kill all birds with one stone!

    I wrote last year an article titled "Kill Switch" where I hypothesized the very large open interest in silver was actually the Chinese (et al) holding their thumbs on a kill switch. One where they could make a "call" on more COMEX silver than is even available. The open interest has again expanded and now near record levels well over 188,000 contracts representing over well 900 million ounces versus 63 million ounces available to deliver. I still believe there is validity to this hypothesis, we will see.

    I believe China is now in a position to act and it is likely they will ask for an audit of our gold reserves as they announce theirs when requesting entrance into the IMF's "SDR". The fraud will be exposed, China (et al) will own a significant portion of Western the reserves (significantly marked up in price) and it will all have been done within the rule of law ...and as I said yesterday, "politely".

    To answer the original question, I believe there has been a cartel on the buy side all along that just bided their time and "carried" their opponent into the deep waters of the championship rounds! If this theory turns out to be correct and I fully believe it is, we will look back at the charts and understand China smiling politely and saying "thank you" after each cartel attack! This will be no laughing matter.

    Regards, Bill Holter
    Apr 29, 2015. 08:59 PM | 3 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 117 [View instapost]
    CRADE

    Great question. Is this another way to have an "invasion of privacy" sidestepped ?
    Apr 29, 2015. 08:54 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 117 [View instapost]
    TIME TO MOVE ON TO THE LAST WEEK OF THE MONTH !!

    http://seekingalpha.co...
    Apr 29, 2015. 08:50 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 118 [View instapost]
    LAST WEEK OF THE MONTH !!

    1 JohnBinTN 309.88 117,824.60 100,000.00 118,134.48 18.13%
    2 cbowman 157.70 116,401.15 100,000.00 116,558.85 16.56%
    3 OldWarrior -93,782.88 208,872.40 100,000.00 115,089.52 15.09%
    4 SunshineLollipop 4,075.70 110,668.93 100,000.00 114,744.63 14.74%
    5 User7 -49,943.32 163,924.94 100,000.00 113,981.62 13.98%
    6 EconomicAnalyst -5,169.15 117,491.44 100,000.00 112,322.29 12.32%
    7 carltonritz1 -104,963.61 212,276.50 100,000.00 107,312.89 7.31%
    8 NewbieTrader 390.44 106,050.00 100,000.00 106,440.44 6.44%
    9 crademan 580.91 103,533.40 100,000.00 104,114.31 4.11%
    10 Cwinn 26,972.94 61,529.00 100,000.00 88,501.94 -11.50%
    11 DrDoom -874.89 83,589.50 100,000.00 82,714.61 -17.29%
    12 Carl2014 -70,239.90 151,954.00 100,000.00 81,714.10 -18.29%
    13 Interesting -80,984.40 157,904.00 100,000.00 76,919.60 -23.08%
    14 nocnurzfred -52,412.97 120,431.50 100,000.00 68,018.53 -31.98%
    15 JohnWilson 5,981.89 60,902.00 100,000.00 66,883.89 -33.12%
    16 kanwar99 -44,206.40 125,678.70 100,000.00 66,046.30 -33.95%
    17 deercreekvols -10,986.75 75,795.14 100,000.00 64,808.39 -35.19%
    18 MadcapLaughs -20,952.89 51,166.00 100,000.00 30,213.11 -69.79%
    19 lockbrain 897.27 26,670.00 100,000.00 27,567.27 -72.43%
    Apr 29, 2015. 08:49 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 117 [View instapost]
    OW

    Although you sound correct that isn't what happened. It was my understanding that a person can place a bottom price to sell, and if it goes below that you get the current price, not the price you entered the trade at

    Example..I put a sell order in for $10 bucks and the stocks goes below that very quickly, i can end up selling at $7 bucks. I now know you can put a limit on it to say sell it at $10 bucks but if it drops below $8 bucks cancel the trade, i would rather hold onto the stock.

    It has nothing to do with a person saying at market price. I checked with Schwab and they said i am correct. Now the trade i was referring to had no such bottom number to cancel the trade. It was merely entered as a trade to sell at $10 bucks..No where are you guaranteed $10 bucks, but your trade will execute and you get whatever value someone buys it at.

    So with a flash crash it blew buy the $10 dollar limit however it had no floor to it, eventually someone got it for $5 bucks and the stock rebounded quickly. Not sure if were sating the same thing .

    I now know , and i have placed trades where i pick a bottom number to execute a trade, however i can also say i will not sell at xx price.. The actual terms escape me, but i am sure someone will add to this..

    These were not sell at market orders , they were executed when the price dropped to the persons pre-determinded sell value. But having no value where you can actually void out the trade because it dropped too low the person had to eat the loss.
    Apr 29, 2015. 07:06 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 117 [View instapost]
    The word for the day...TRANSITORY !!

    FOMC: Q1 slowdown "transitory"

    The pace of job gains moderated, and the unemployment rate remained steady in the weeks since the FOMC last met in March, says this month's policy statement. While household spending declined, real incomes rose strongly - partly due to energy price declines - and consumer sentiment remains high.

    "The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term."

    So lets discuss until we vomit the definition of this "new word" being thrown at us !!

    Any one care to comment on it ? Gold and silver sold off around 2pm but are creeping back. Real income actually rose strongly ??
    Apr 29, 2015. 02:48 PM | 1 Like Like |Link to Comment
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