jt

The Case for $1300/Oz Gold

MC dk...you da man!!! ( and GMiki...you're my dog.) You just spoke for me, too...always nice to know that there are still non-braindead humans out there.

BUY SILVER...PHYSICAL SILVER (and it doesn't need to be Silver Eagles...though those can go in your IRA acct)...NOW!!!...AND FREQUENTLY...AS MUCH AS YOU CAN!!!...DO IT OR REGRET IT!! And I'm not talking 5 years from now...I'm talking 3-6 months from now. Don't even think of it as an investment (although it is likely to be the best you ever made), think of it as trading in worthless paper for real money. Trade it in as fast as you can...but start doing it, esp if you haven't already...and even if you have, keep doing it...jt

Gold and Oil Price Limits

User30121, GMIKI, and bearfund...you're my peeps. The problem is...we're in the minority...the VAST minority. The rest have 1984ingly been brainwashed by governmentspeak. They wouldn't recognize the truth as it was pushing them off the cliff, since there'd be a loudspeaker nearby letting them know that it was some oil company somewhere that had just sent them to their death, that the landing won't be so bad b/c the govt has sent out rebate checks and the family will be able to use them for their funeral.

Following Keyne's principles was one of the hugest frauds (purposely so, actually) ever committed on this country. Anyone who holds him up as some kind of genius to be studied and obeyed should likewise be touting the skill of the marksman who is going to put a bullet in his brain from 1000 meters. Both have killed them just as assuredly, the first financially.

Much better to read Ron Paul's new 160+ page book--The Revolution--A Manifesto. At least then the silent (actually baaaahhhing) sheeple people of this country might start to have a clue what this country was all about, why our founding fathers came here and what they were actually fleeing from and trying to avoid repeating, what has been done to it, and what we can do to to even have a slim chance to save it.

Gold and silver are and always have been real money. The fraud of fiat currency is not a new one...and every one has ended badly for the country and its working class. Don't believe it...but then get your soup dish out and practice standing in lines...bundle up your paper money and prepare it for keeping your family warm on the cold nights that will be coming. Better yet...get that wheelbarrow ready. jt

Money: Inflation, Deflation and Gold

Good logic and good article, John. It then is obvious to any thinking person why these same "elites" who control the money supply absolutely HATE gold (as an investment) and continue to try to discredit its value and manipulate and suppress its price...now unbelievably blatantly... in attempts to continue the lie that the fiat dollar piece of paper has significant value. These are most certainly self-serving criminals in high places that should NEVER have been allowed in those high places...exactly as our forefathers forewarned. jt

A Gold Bull Stops Running

ussmls7...you're dead on right about Gartman, and 01GT, absolutely right also that he's a shill. Despite GATA's massive PUBLIC proof of its claims, Gartman has done NOTHING but make fun of them.

But on the news being "rigged"...ya think??...I say only if Pravda was rigged...ya think?? Ask journalists around the world. As of the past 5 years or so, the US press has been ranked as one of the absolute WORST in the WORLD for trying to get real eyewitness news printed...worse than a number of countries with absolute dictators!! It is controlled to the max...and it is owned and controlled by the very ones that own and control this country's money supply.

If you want to know who the MSM is now...go read George Orwell's 1984--they are the purveyors of "governmentspeak." And they will tell you EVERYthing they want you to know and to think. Count on it. jt

Gold’s 'Grand' Illusion

I guess anyone is allowed to write pieces for the public now, eh? Ignorance is bliss...better!!...it'... "wisdom"...!!!!! Well, I'd try to debate, but knowing this mindset and the arrogance behind it, well, I know it's a waste of time. Only history will change these people's minds, ie, having to live thru it. So PLEEEEZE...sell whatever gold and silver you have to your local coin store (if you have any of that "worthless" stuff) and buy buy buy your canned goods. We'll see what all you can barter it for if "it gets that bad" (to paraphrase).

On the other hand, to be a little gentler...most Americans are totally brainwashed, and those under 55-60 never really lived under a gold standard long enough to actually know the difference. They just need a large bucket of cold water and a hard slap in the face (to wake them out of their fiat-induced stupor...after all, most Americans now simply yawn at the thot of a $Trillion dollars being spent or lost or bet on derivatives) tied up in a chair that will play for them the history of the world, and more specifically of the fiat frauds of "modern" day history, and I'd include the Roman Empire there... in little snippets. In this instance, it's often not a case of "how soon they forget"...it's a case of they've not really been told the truth. They need to watch and learn from history...all fiat frauds have ended badly...or they will ALL have to live thru the same ole same ole. People don't change...just technologies. As Solomon said, "And I saw that there was nothing new under the sun"...history most assuredly repeats itself. jt

Silver vs. Gold: 2004 to Today

Good article, John Lee. And dieuwer, the COMEX and CFTC have REFUSED to address these issues or even acknowledge that there ARE any issues. They have been apprised of them in detail, and have flatly denied any problem, any manipulation, any danger of delivery default. Why? Because they serve higher bosses than the American people or its govt. They serve the Fed and the Western bankers who have suppressed the prices of silver and gold in order to try to slow the recognition of the fraud that is called "fiat currency"...backed by nothing. They create it out of NOTHING and then charge interest on it!!! That's worse than the fraud of selling silver and gold in pool accts and then charging storage when indeed they didn't even have the metal with them to store. At least in the end, short of an inability to deliver, they will have to come up with the gold and silver, whereas the Fed has to come up with NOTHING!!!...there IS no recourse and nothing to get back wtih your dollars, your FRNs--Fedl Reserve Notes...absolutely nothing.

So yes...buy physical silver and gold...take delivery. Do NOT put your money in ETFs...they are paper promises with counterparty risks and are being used to dump silver and gold onto the market on days like today to continue the price suppression. But as John has just reiterated, the disconnect between the paper price and the physical price is growing...esp with silver. Buy it and hold onto it. One day some day, we will indeed have a default on delivery...wait and see. jt

Is the Gold Rally Really Over?

IC...you say,

"that the Fed will learn to print gold or that it will find an inexhaustible subterranean mine of paper dollars"

They already have...unless you can put a finite value on the number of electrons in the universe!! They don't even print the majority of it anymore...they just make a few keystrokes and there go a couple more BILLION $$$ thru the ether into the Treasury's or some others' bank accts. It doesn't cost them a flippin'... errrrrr... dollar!!!

As a holder of bullion, etc., you WANT them to continue to do that in terms of dollar-price of gold/silver. As an American citizen, or even a citizen of the world, you want them to stop, as a matter of fact, to be shut down completely by our Congress, as Ron Paul has explained to deaf ears, and the lot of them thrown into prison for the greatest fraud foisted upon a nation likely in the history of the world. jt

Is it a Good Time to Sell Gold Yet?

Knock knock!! Who's there?? Felix Salmon...
Knock knock!! Who's there?? Felix Salmon...
Knock knock!! Who's there?? Felix Salmon...

Hmmm...guess there's noone there...oh well...zzzzzzzzzzzzzzz...

Silver Now Outperforming Gold

You start well, but then you say something like this:

"As silver attacks $20 and beyond, we hope to see this leverage over gold increase until the final blow off which in our estimation cannot be too far away now"

Why? If historical ratios between gold and silver are closer to 1:16, and there have been times when it has been 1:1, why are we ANYwhere close. Technicals mean nothing at this point b/c the prices of gold and silver have been suppressed HUGELY for the past decade at least, for gold, and longer than that for silver. Beachballs finally let go under water don't "consolidate" 20' below the surface...they keep on going to freedom. I don't doubt there will be some profit-taking, as the first poster above, but silver is NOwhere close to its inflation-adjusted peak in 1980, even using the completely fraudulent CPI in use since the Clinton administration. jt

Has Gold Reached Bubble Territory?

FMB...you state "We’re nowhere near the top of this gold bull market. Inflation adjusted, gold is not even half way to its all time high."

I agree we're nowhere near the top, but the fact is that "inflation adjusted" we're not even at 1/5 the way to the high. The CPI was changed during the Clinton administration for the sole purpose (for any non-totally brainwashed by governmentspeak thinking person) of understating inflation. Using the CPI from the Carter administration and before, gold would have to hit $5000 to match its 1980 high. On the other hand, that's just looking at PRICE inflation, which is of course the governmentspeak alternative for what inflation TRULY is, which is the expansion of the money supply (ie, the devaluation of your dollar). By calculations of a number of sources (eg, shadowstats...JohnWill... website), that money supply has been going up closer to 12% since 1980, and over the past three years closer to 15-17%. So that would have to be thrown into the mix. But you still haven't counted the DERIVATIVE inflation of the dollar...which is in the neighborhood now of $600 Trillion!!!!

And I could go on...but the bottom line is that, throw all that into the mix, and the dollar value of gold has barely lifted off the ground, held down there by those who profit most from the present fiat currency fraud--the Fed and the other Western Central Banks using their bullion bank lackies, esp GoldmanSuchs and JPMorgain4Elites. Anyway...you might want to investigate further. But beware...you'll be told you're looking into "conspiracy theories." But I will tell you this, if it looks like a duck, quacks like a duck, flies like a duck, has a bill like a duck...it certainly CAN'T be a duck, can it??

Can Gold Continue to Rally?

Well...there goes another victim of market manipulation. If you happened to watch the trading and how and when gold and silver "dropped" you'll see that they were taken down in a powerful selloff/shortoff @ almost precisely 10AM...together with all their equities. That is NOT a normal market action, esp in the face of all the gold positive news absolutely inundating the market. And look at what happened to platinum at the same time...NOTHING!!...or copper...NOTHING!! This was a concerted effort by the Cabal...the PPT and TPTB...to try as they have been doing for years to blind the eyes of the American public from the fraud that is the "dollar" and to keep them from taking their wealth out of paper and putting it into real money--gold and silver. And you can bet your bootie they have all the TA experts they need to know where to tip over the dominoes to get the TA programs to flash SELL!! And they know there are enough sheep just following the one in front that they have been able to be successful. BUT...they cannot print gold and silver...and investment demand continues to rise while production of gold and silver drops, esp now with the problems in SA. And that's just a thumbnail.

Anybody Seen Our Gold?

User 142738....I can't tell you about China's cash reserves, though it is a fairly well known fact that they have TONS of silver. But I CAN tell you that a number of very creditable and knowledgeable sources have made it VERY clear that the gold and silver ETFs may well indeed NOT have the gold and silver, esp if crunch time came and those invested there actually wanted the gold and silver as opposed to paper money / fiat currency...and that if you read the fine print in many of these ETFs, such as SLV, it is actually MORE likely that these are being used by the Cartel as vehicles for leasing the supposed stashes of gold and silver out the back door to the bullion bankers who then once again sell them and short them into the market to suppress the prices of gold and silver.

The ETFs have been a mechanism for steering monies away from the real physical metals and into more paper products that can be manipulated. Americans (and all world citizens for that matter, but esp we Americans) should be trading in what is (and what will be seen too late by most Americans to already be by now) a worthless piece of paper for REAL money--gold and silver. jt

Anybody Seen Our Gold?

Good article, Mr Tan. But I do have to say that I find it incredibly naive...and a bit politically correct...to state "I am not quite into the old conspiracy story." To call something a "conspiracy story" or a "conspiracy theory" has the same affect in these politically correct days of throwing dirt on what is being put forward as fact. If it looks like a duck, flies like a duck, quacks like a duck, lays eggs like a duck, has a bill like a duck, would you then say that I would be proposing a "theory" or "story" that the thing itself is a duck?? And if the Fed, the Treasury, bullion banks such as GoldmanSachs and JPMorgan, along with the other Western CBs have been working together thru leasing and selling of gold and paper shorting on the COMEX and TOCOM, etc, for years to suppress the prices of gold and silver and thus artificially maintain to the public the low rate of inflation and hide the relentless devaluation of the dollar, would you not call that a conspiracy?? It is criminal collusion at its worst among govt and private industry. YES...its purpose is to maintain dollar hegemony...WHICH BENEFITS THE WESTERN CENTRAL BANKERS...WHO ARE RUN BY PRIVATE FAMILIES WHO HAVE GOTTEN RICH OFF AMERICAN AND BRITISH WORKERS thru their ability to control the money supplies of those countries, and maintain its value thru manipulation of markets.

You want a little vignette of what this collusion looks like? Go to kitco.com/market. Go to the "World Spot Price--Asia/Europe/New... Markets." Click on GOLD...and then on SILVER. Look at what happened at 10AM...out of nowhere. Now try to find some news that was gold- and silver-negative. Now look at what happened to the HUI and XAU at the same time. That kind of massive takedown, as I'm sure you know, is NOT normal market activity. It requires collusion at the highest levels. And this isn't isolated...it has been documented day after week after month after year. And yet the mainstream media...and even the mainstream precious metals media...have said almost nothing about it, just spouting the normal pabulum for the day thrown out by the MSM, regardless of whether or not it absolutely contradicts what was said the day before or what they'll say the next day. GATA itself has been blacklisted/balled from the MSM for nearly 10 years.

I'm glad you posted your article, but this is a VERY big deal...not a little haha...b/c this group...the Gold Cartel and those they represent have systematically robbed the American (and other) people of their wealth over many years, and then hid the signposts that told them what was happening to it...by suppressing the prices of gold and silver.

$850 gold from 1980 would be at least $2200 gold now using the fraudulent CPI started in the Clinton era. Using the CPI previously used (eg, in the Carter era), gold would need to hit closer to $4000+ to match that level. Instead we're at about $900. And there is so much more that could be said. But it takes someone who will decide to look at the facts and not be put off by the phrase "conspiracy story" or "conspiracy theory." It IS a conspiracy...and it is NOT a theory.

jt

Central Banks and Gold: Manipulation or Money Management?

Dear Mr. Tan...

Unfortunately for you...and fortunately for the truth...your verbosity doesn't change the facts NOR EXPLAIN the FACTS...the pure and simple EVIDENCE...that GATA has provided FOR TEN YEARS of the suppression ("management" if you like sugar-coating what has been criminal collusion between govt and private banks and investment houses) of the price of gold by the eastern CBs and particularly by the Fed and its bullion/investment bank lackies. You spoke not a word about all that evidence. And that evidence come from the PUBLIC RECORD...and most of it is SELF-INCRIMINATORY!! And you've got it absolutely backwards...it benefitted them most in a BULL market. The purpose was to continue dollar hegemony as long as possible.

The nice thing about people like you and your OPINIONS, based on FAR less evidence and far MORE assumptions than someone like GATA, will not add new resources of gold to the CBs coffers, NOR decrease the ever-increasing demand for gold, nor increase the amount mined, an amount that continues to drop. The only question to me is how much more damage they will do to the American citizen before they are stopped by the market. It certainly won't be the govt that stops them, even though Congress, had it any balls (Ron Paul is apparently the only one with a pair) COULD put an end FINALLY to this constitutional and economic fiasco known as the Federal Reserve Bank. That leaves the Market...and really, it will be the WORLD market, since the COMEX is the main arena of the paper manipulation.

jt