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apberusdisvet

apberusdisvet
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  • Economist On Gold - A Dissection [View article]
    "A little up tick in GDP numbers in Europe"

    What don't you get about the underwater balance sheets of all major European banks? The extraordinary unemployment in the PIIGS? The growing revolution against the totalitarian edict of "austerity"?

    "gold will remain a poor investment for many years to come"

    Really? When the current price is at least 20% below production cost? Name any other asset that has remained thus "for years to come".

    You are truly uniformed about the law of supply and demand, and the market equilibrium process. While it is true that the bullion banks and governments have managed to suppress the price of PMs for decades, the continuation of this policy is about to hit a brick wall, because the actual physical metal needed for this scheme has already moved East into safer hands.
    May 19, 2015. 12:14 PM | 3 Likes Like |Link to Comment
  • The Great Silver Debate [View article]
    Over the next decade, a critical shortage of silver will be readily apparent. There are no billion ounce hoards lying around to feed future demand; almost all silver ever mined is now in landfills, gram by gram, or obliterated through wartime use. Existing above ground silver is estimated at less than 15% of gold stockpiles. Mega ounce discoveries are a thing of the past; the current price has decimated all those miners who count on silver for profitability; and exploration and drilling have been severely curtailed. This will greatly impact future production; production that will be sorely needed for all of silver's critical, and rarely substitutable applications; in technology, wartime, solar, macro- and microbiology, and what might turn out to be its biggest demand, water purification.

    In fact, a strong case can be made that silver, because of its future scarcity, may be eventually worth more than gold.
    May 16, 2015. 11:35 AM | 2 Likes Like |Link to Comment
  • Why China Is Taking Control Of Physical Gold Pricing [View article]
    The only way SDRs make sense is if they are fractionally or partially backed by gold, the only logical collateral that the global community would accept immediately and without question. When the Chinese announce that their gold reserves are 10K metric tonnes (or more), the US (and other countries) will be called upon to have an independent audit of gold reserves in order to properly weight the currencies that make up the SDR basket. That's when it gets truly interesting. Go long guillotines, nooses, and firing squads.
    May 13, 2015. 03:01 PM | 2 Likes Like |Link to Comment
  • Gold Price: Weakness Continues In 2015 [View article]
    Great gold bashing article, although the author should know that the employment numbers are not real and are "massaged by the birth/death model. Where in the BLS analyses are the 100,000 jobs known to be lost in the oil patch? Hmmm. Recent articles showing that the the reserves of the 5 major global gold producers are shrinking, and exploration and drilling are at a virtual standstill, certainly indicate that future gold mining production will definitely decline over the next decade; especially since the average mine takes 20 years to fully develop. So how does the gold price, already at least 20% below production cost, decline by another 20-30%, especially given the non-stop demand from the Asians? In a normal economic universe, price rises when demand outstrips supply or did I miss something in my advanced classes that negates this truism?
    May 12, 2015. 12:01 PM | Likes Like |Link to Comment
  • When Will We Learn Of China's Massive Gold Hoard? [View article]
    Actually, all economies are at death's door, thanks to manipulation and fraud by all the CBs. Which is why they will revert to the long proven means of ultimate distraction; global war. The history of the Rothschilds is replete with this agenda. Their fingerprints have been found on both sides of every major war since the 15th century. The common denominator for all war is usually financial stress, especially for the banks that comprise the global cabal. Currently there isn't one major global bank with a clean balance sheet. Financial statements and stress tests have been a smoke and mirrors dog and pony show for over a decade.
    May 7, 2015. 02:13 PM | 2 Likes Like |Link to Comment
  • Dollar's Demise Exaggerated: Technicals Anticipate Turn In Fundamentals [View article]
    Funny....all major economic indicators (except those consistently massaged by the USG) show that the economy is in dire straits. What flavor koolade are you drinking?
    May 3, 2015. 09:07 AM | Likes Like |Link to Comment
  • Is Venezuela The Reason For The Recent Weakness In Gold Prices? [View article]
    Just part of the on-going gold thefts to make up for the empty vaults, and keep the fiat Ponzi going a little while longer. Iraq, Russia? Libya, Ukraine, El Salvador. Who can we invade next, Russia? How about the Vatican?
    Apr 29, 2015. 04:21 PM | Likes Like |Link to Comment
  • Will Gold Sustain Above $1,200? [View article]
    Regarding most articles on the PMs, Seeking Alpha must determine the daily propaganda meme from the FED and its cronies in order to choose contributors. The ones they have chosen lately seem to be of, for and by fiat to the exclusion of real money. FED/government trolls are becoming laughingly transparent.
    Apr 29, 2015. 03:13 PM | 2 Likes Like |Link to Comment
  • Gold: All Signals Point South [View article]
    If gold is a commodity, how come the CFTC hasn't been all over the illegal positions held by the bullion banks? After all, if an entity had an effective "corner" on wheat corn, or God forbid oil, there would be Congressional hearings and prepared indictments. The reason is simple. Gold is true money and a rival to the phony fiat currencies. The entire global economy is now one big Ponzi scheme of geometrically increasing debt. We can't let the Western sheep know; but as usual, the Asians are well ahead in connecting the dots.
    Apr 27, 2015. 01:28 PM | 5 Likes Like |Link to Comment
  • Gold Crash: Our Asset's Bitter Fall From Glory - Are You Prepared? [View article]
    The problem with Dent's thesis is that he has imbibed too much of the government koolaid; especially the phoney CPI numbers. In the last five years, health care up 40%, Hamburg has more than doubled; cereal boxes have been downsized from 16 to 11-13 ounces; canned goods from 16 to 12 ounces. ALL AT HIGHER PRICES. Property taxes are going back up after declining with the effects of the housing bubble. College tuition up 20%. The only saving grace has been gasoline, but current prices are still 10% higher than 5 years ago.

    As for Dent's gold views:

    What doesn't he get about the global fiat Ponzi? After the financial implosion, what is the only backing of any new currency that will be accepted by the global population?
    Apr 21, 2015. 12:03 PM | 6 Likes Like |Link to Comment
  • Gold And The Euro: Just How Strong Is The Yellow Metal? [View article]
    I question the author's statement: "the long term average value for the silver gold ratio is 55:1.

    Actually, from Roman times forward, that is incorrect. It's more like 20:1. Keep in mind that even today mined ore comes out at a ratio of 8-9:1 and above ground gold (that mined over the centuries) is far greater than all known existing stocks of silver. The current GSR OF 70+ is a screaming buy for silver.
    Apr 20, 2015. 10:15 AM | 2 Likes Like |Link to Comment
  • The 4 Million Share Trade At Exeter Resources [View article]
    Hebba: the play maybe for the copper, rather than the gold; although there is one entity that could use both; the Chinese. The indicated copper reserves are gigantic, and even though the price of copper is down now, the Chinese always buy when there's blood in the streets. The gold may just be a nice extra.
    Apr 18, 2015. 12:17 PM | Likes Like |Link to Comment
  • The Consequences Of The Fed's Interest Rate Hike [View article]
    The prospect for financial armageddon is all over the alternate media and should not be dismissed out of hand by those who are able to think critically. The fact that it is no longer theory that markets have been rigged for decades and that government economic statistics are outright feel good disinformation and propaganda indicates that the Fed is one big dog and pony show to distract the people from the true state of the economy which, compared to that of the Great Depression, may be in far worse shape. Even a nominal rate hike would likely trigger a domino effect in the derivative market which would cause the global banking cabal to collapse; the real worth of bank balance sheet assets is ephemeral; perhaps at little as 10% of stated value. Gold (and silver) historically are the only true "money", but aside from that, an insurance policy that should be considered as the ultimate safety net.
    Apr 18, 2015. 09:28 AM | 3 Likes Like |Link to Comment
  • Why I'm Bullish On Silver [View article]
    The author has missed a significant industrial use of silver. Unfortunately, it is war that uses of 100s of millions of ounces. One Tomahawk missile uses over 500 ounces which, of course, is non-reclaimable. It is estimated that the 2 Gulf Wars used up a years' supply. Considering that, unlike gold, there are no major hoards of silver in reserve, the next major war could utilize all existing silver stocks.
    Apr 11, 2015. 09:27 AM | 5 Likes Like |Link to Comment
  • More Reasons To Believe In Gold [View article]
    The fiat Ponzi will implode before 2020, if not much sooner. When it does, there will have to be a new reserve currency backed, at least in part, by gold. The reason is obvious. Only gold is considered as real money by a vast majority of the global population, and its rarity has assured acceptance for over 5000 years. It's all about confidence and trust. No other phoney fiat construct will suffice as money for commerce. Just look as the Euro for the most recent example. When the currency reset occurs, gold will be valued in the stratosphere. I have patience and can wait.
    Apr 10, 2015. 02:11 PM | 1 Like Like |Link to Comment
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