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  • Take Profits In SPDR Gold Trust - NIRP Fallacy, Economic Balance, Dollar Recovery Weigh Against Gold Near-Term  [View article]
    It's fair that NIRP may not be happening soon but repeatedly labeling it a fallacy does not mean it will never happen. We have entered a time of unprecedented financial events since 2007 with no end in sight. Having the EU, Japan and Sweden sign on to this horror removes it from the unthinkable.
    And what about eliminating or reducing cash? Big bills removed from circulation? How about "bail-ins" in the next round of bank failures? Hookers, drug dealers and corrupt politicians must get paid. Gold will never die.
    Feb 12, 2016. 07:41 PM | Likes Like |Link to Comment
  • Preserve Your Capital By Including Precious Metals In Portfolio  [View article]
    http://bit.ly/1Wh4gGx

    Do you understand the implications of the above? And what will happen to gold when people see this cash elimination coming?
    Feb 11, 2016. 08:31 PM | Likes Like |Link to Comment
  • Civilized People Should Buy Gold  [View article]
    Is it just possible that gold could emerge as the ONLY viable trade left in the market as deflation, NIRP and declining profits take hold? These are trends that will take their toll and what will be left?
    Feb 10, 2016. 12:10 PM | 4 Likes Like |Link to Comment
  • Gold Given New Life By Federal Reserve  [View article]
    NIRP is a message from the markets that is screaming, "Something is extremely wrong".
    Feb 10, 2016. 11:52 AM | 2 Likes Like |Link to Comment
  • Fear Trade: Metals Up, Stocks And Jobs Down  [View article]
    Take your best shot! Tell me how a huge, long term rally in gold can be avoided if most of the world and the Fed adopt NIRP. National Public Radio tells me that millionaires are so desperate to hold on to their money that they will accept negative rates and forget about any gain.
    If all currencies and stocks go down while gold goes up, what message is the market sending? That it is desperately seeking secure value and not finding it in forms of paper?
    Feb 10, 2016. 11:14 AM | Likes Like |Link to Comment
  • Inflationary Tsunami Early Warning  [View article]
    Perhaps someone can tell me why the EU and Japan seem to have a hard time raising the rate of inflation to 2% or so. What is so difficult to understand about dumping cash on ordinary consumers? Instead, we see nonsense about ZIRP or NIRP or stimulus for big government or big business.

    My guess is that these governments are dominated by the 1% and throwing money out of helicopters is out of the question. My God Muffy, we can't have these peasants injure our holdings!
    Feb 7, 2016. 09:25 AM | 6 Likes Like |Link to Comment
  • A Chart That Refutes The Gold Price Suppression Story  [View article]
    It seems to me that any commodity subject to futures trading can be price-manipulated if the trades imply a supply volume that largely doesn't exist. I also suspect that asset price inflation globally may lead to the same result as general price inflation: gold rallies - and all the more so with low/negative interest rates and cashless societies that need to pay hookers, drug dealers and bribes. Maybe blockchain takes care of that payment need ...or not.
    Feb 3, 2016. 02:24 PM | 2 Likes Like |Link to Comment
  • Gold: Time To Get On Board?  [View article]
    NIRP might greatly help gold. Also, the obvious asset price inflation globally. Know what else might help gold? Cashless economies ! Blockchain schemes are OK but might not be widely accepted or might be traceable. Bribes, drug money and cash for hookers still will be needed. Some things never change...... and that includes gold.
    Feb 3, 2016. 11:40 AM | Likes Like |Link to Comment
  • Gold: Time To Get On Board?  [View article]
    NIRP might greatly help gold. Also, the obvious asset price inflation globally. Know what else might help gold? Cashless economies ! Blockchain schemes are OK but might not be widely accepted or might be traceable. Bribes, drug money and cash for hookers still will be needed. Some things never change...... and that includes gold.
    Feb 3, 2016. 11:40 AM | Likes Like |Link to Comment
  • High Anxiety Gives Gold A Boost  [View article]
    Gold recently has shown strength during market drops. Negative interest rates tend to help gold. The asset inflation that we are experiencing may trigger a response similar to general inflation: buy gold. Elimination of cash may favor gold too, as bribes, drugs and prostitution must still be paid for somehow.

    The one question no one will answer is: how long can Comex trade go on while the physical vanishes? 100 to 1? 500 to 1? Infinite? Having no relation to real gold at all?
    Feb 2, 2016. 02:40 PM | 1 Like Like |Link to Comment
  • Gold: Time To Get On Board?  [View article]
    Suppose Wolf Richter is correct: we have no general inflation but we have asset price inflation? Investing in gold during general inflation is a no-brainer, an obvious truth - could this also be true with global asset inflation? Is that what gold price increases during stock declines are telling us?

    Also, how long can the Comex go on with increasingly empty vaults and ratios to physical that seem insane? Forever?
    Feb 1, 2016. 10:10 AM | 5 Likes Like |Link to Comment
  • Half Of U.S. Income Is Over $125,000 Per Year  [View article]
    I think your erudite observations have been well summarized before: "Let them eat cake".

    Another factor Almost Never Mentioned Anywhere is the class based US custom of huge salaries paid to corporate masters - far above what comparable positions in the EU or Japan pay (and they may have greater responsibility in dealing with exports and tough unions). This problem came up in Chrysler's brief merger with lesser paid German leaders (while Larry Kudlow tried to shout it down).
    Jan 29, 2016. 09:30 PM | 3 Likes Like |Link to Comment
  • Half Of U.S. Income Is Over $125,000 Per Year  [View article]
    I think that if violence develops - as from the half that can't afford rent or a mortgage or their prescriptions or that may never be able to pay off their student debt - we need to consider that the median number of bullets involved against the well off will only be a small number counted individually. It's clearly too small to be a concern.
    Jan 29, 2016. 04:35 PM | 5 Likes Like |Link to Comment
  • Here's Why Saudi Arabia Will Continue Pumping Oil  [View article]
    They're doomed. Let them cause rigs to be shut down worldwide. As soon as they raise prices, fracking and alternatives will be back, in force. They tried this $20 a barrel scheme many years ago and it worked but that was a different time and a different world.
    Jan 15, 2016. 02:26 PM | 2 Likes Like |Link to Comment
  • What Will Knock The Dollar Off Its Perch?  [View article]
    I'm sorry but you didn't seem to answer the question. You describe a crisis but not how the dollar drops. If debts are cancelled, that's generally deflationary as if part of the money supply suddenly vanished.

    I can offer a thought about what could crash the dollar: radical revolution in Saudi Arabia - leading to the freezing of its dollar assets (or seizure?) and an embargo on its oil.
    Jan 6, 2016. 07:36 PM | Likes Like |Link to Comment
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