Why You Should Have Some Gold in Your Portfolio [View article]
Face it, PaulHM...all you're saying is that you've never lived thru a situation where gold is money and is used as such, and you don't have a clue at the moment how it would work. But the fact that you don't know doesn't negate the past 5000 years of world history where gold has ALWAYS been accepted as payment EVERYwhere, b/c there has ALWAYS and will ALWAYS be a market for it.
Having a little (paper) cash on hand for small purchases (at least until it becomes worthless), some type of physical hoard of food and water, a safe place to live, perhaps a supply of gasolline, and perhaps some form of protection (?gun/ammo/??barbwire), a generator, etc, is always intelligent. But gold/silver will always be money.
The money you can get "in a split second" might be losing value by the second, too, if we're actually in a situation where you'd have to sell them. And in that case, gold and silver's value will be skyrocketing in what ever currency you're getting paid in...jt
Asset Class Review: Crude, Gold and the Dollar [View article]
--Yawn! Yup, the sun rises in the East, and guess what? It is right there in the charts....I guess when you get paid for writing something, does it have to be enlightening? Profound?
You said that right spartacuss...or how about a little more research before posting as "expert" analysis this bit of trifle:
"A strong gold market is partially reflective of weakness in the U.S. dollar, which makes the inability of gold to make new highs lately all the more troubling, given recent dollar weakness. One interpretation: markets are not buying the inflation theme, making gold less attractive as a dollar/currency hedge"
Well, your interpretation, unfortunately for those who want to learn the truth (now, who in the world wants the truth??...I confess, it would appear not very many Americans...but for those who do), the fact is that the investment demand for gold (and silver) has been tremendous!!! Hmmmm...there goes that piece of expert info down the tubes.
Any other possibilities?...howz about the forensic approach: Cui bono? For whose benefit? Who gains? Who benefits from the prices of gold and silver NOT going up? Hmmmmm...let's put on our 8th grade thinking caps...ok, hmmmmm...the Fed can create and has been creating almost without limit paper / electronic money that has found its way into the coffers of its bankster / financial institution shareholders and partners and o/w members of its (anti-gold) Cartel. Those who can touch the newly created money first (those just named) get the immediate benefit of new wealth. The value of that fiat funny munny is reflected in the value of gold and silver. Gold going up is a warning and reminder of the value of the paper (the electronically created from nothing) money going down...wouldn't want that now would they?
So...hmmmm...who might benefit the most from those prices not rising? Let's see...a little bit more research (after all, experts ARE experts, are they not, b/c they actually do some research?)--who has the largest short positions (actually NAKED short positions) on silver and gold on the COMEX?? Wow!!!...surprahz surprahz says Gomer, it's JPMorgain4Elites and HSBC!!!...and surprahz again...known members in good standing of the mafioso Fed-led and supported Bankster Cartel!!! My mouth drops open...again, in utter surprise.
So, dear "expert"...you're d*mn right it's troubling!!!! But it's troubling not that the prices are not going up when by all rights and evidence they should be, but b/c they are being forcefully HELD DOWN by those in real power...the Shadow Govt that now runs this country...the Fed and the Bankster Cartel, including our Treasury and its Secy, or should I say, the Treasury branch of Goldman Sachs. It is flat out criminal and against all the rules of the commodities markets. But then, hey, who cares...there's still food on the table, right?
Strikes one, two, and even three are what happen in somewhat "normal" markets. But that's only ONE out. The second and third outs weren't even allowed in this market. That's b/c the Fed's (and therefore the thing we mistakenly call "our govt"...mistakenly b/c its the banksters who have finally had the curtain thrown back to show that THEY are truly the ones running the govt, just as our Founding Fathers warned) entire "strong dollar" policy, starting with Rubin, was and has been nothing more than suppressing the price of gold (and silver) to prevent most of the public and most of the market from seeing how worthless the little piece of green paper was becoming and to allow them to do what we have just seen them do.
The manipulation of gold and silver on the COMEX, as well as in London to a lesser degree, has gotten to such a blatant level that the only way one does not see it DAILY is to either refuse to look at it, or if one looks at it, to refuse to see the obvious, or if one sees it, refuse to believe what his eyes tell him is happening.
But hyperinflation is on the way, and one way or other, and really, there are multiple roads that will lead to it, the dollar is toast, and gold will fly in dollars ALSO!! Don't forget that gold has been reaching new highs in just about all currencies except the dollar and the yen...the dollar b/c of short covering and the unwinding of / redemption of many investment vehicles denominated in the dollar, and the yen b/c of the unwinding of the yen carry trade. Once those are done, the dollar will plunge and gold will fly also in dollars, if it hasn't already. One possibility of the "already" would be the potential for a delivery default on the COMEX within the next few months.
Buy silver and gold...take possession. There's really no use in trying to convince anyone...the proof will be in the pudding, as they say. But those of you who do understand don't want to be the object of an "I told you so" in the (perhaps not too distant) future. Better to be mocked now and safe later. At worst, you can sell your gold and silver for somewhere near what you paid for it. Now consider the worst that could happen to your paper money--you're not sure?? Well just Google "Weimar Republic" or Argentina hyperinflation. Recession / depression now...followed by hyperinflation...gold is a safe place in both scenarios.
Four Reasons Why Gold's a Slam Dunk Investment [View article]
Well then Jake2, take some speaking lessons and find some information to share that is at all useful, cuz the "goldbugs" I know hear quite well. What you mean is that they tend not to listen to stupidity and ignorance, they don't accept that 2+2=5, they don't believe that something created out of nothing (by man) has more value than something that is finite with many valuable and necessary uses, or that 14 pieces of green paper are worth more than 1 oz of silver outside of some momentary trade. What you mean is they find nothing much that comes out of your mouth to be worth listening to. Well then, I agree...you can't talk to 'em.
Who said "cash (is) going up"...??? If you mean the FRN...the "dollar"...it has only one way to go as further bank bailouts and the nationalization (yes, as in fascist socialism) of the financial system proceeds unstopped and the figure required heads towards "unlimited" and our congressional bought-and-sold aristocratic fops yawn, accept their buyouts, and allow it. And that is down down down. The only thing propping up the dollar now and holding down REAL money--gold and silver--is blatant and growing ever more sickeningly blatant intervention by the Fed and their bullion bank lackies in collusion with the Treasury (which should be called the strong arm of the Fed under the control of Goldman Sachs--of the "elite" run for the elite and by the elite) and the supposed watchdogs of the markets--SEC / CFTC--more like foxes watching the henhouse. But the day will come when this criminal collusion and manipulation at the highest levels will no longer be able to hide the rot and and stench that is our financial system and currency. Then watch out below for the dollar, and better have real money. jt
Thoughts About the Current Bear Market Among Junior Miners [View article]
GMiki...I certainly wonder who the shorters are. I've believed that the anti-gold cartel is primarily involved (the Fed and other Western Central bankers and their bullion bank lackies, such as GoldmanSuchs--who also seems to perennially own the Secy of Treas position...talk about insider info!!, and JPMorgain4Elites, and the hedgies they control). They've had patterns that they've created to get the other commercials to come in alongside them in their manipulation / "management" of the gold and silver markets (COMEX esp). One such signal is a takedown of the PM equities on a day that the metals are moving up and they can't take them down...that's been a signal that the next day WILL be a forced takedown (the investment banks involved simply pull all the bids and let the price plummet) day for gold and silver...like the takedown we had this AM @10:45. I truly believe they are involved to try to keep interest away from the PM equities and in the stock market at large and in treasuries.
But I'm also wondering what part the gold and silver bigboys (or even China for that matter) might have in it. They need to replace assets in the ground and they haven't been finding much...and with the ratio as you've just described being a mere 1:10 for Jr compared with the Sr gold/silver in ground...the cheapest way would certainly be to buy up the juniors with significant inground resources.
And for those who just automically blow off any and every "conspiracy" you hear, understand that I'm not saying that ALL moves in the market are manipulated. But...those who manipulate understand the markets...they understand TA and where the stop losses are placed for example...after all, they have ultimate and intimate insider info on ALL stocks/markets (the SEC and the CFTC are also members of the PPT--PlungeProtectionT... / President's Working Group On Financial Markets). All they have to do is tip a price below certain TA or wave numbers and they know the black boxes will do the rest...and they have.
But manipulation will finally be overcome, as it always has been, by physical supply and demand...and the demand is going to be investment demand. Make sure you have some real money...gold/silver coins/bullion. I'd strongly advise AGAINST the SLV and other PM ETFs. Ted Butler has shown that the SLV is being shorted bigtime...probably b/c the shorts can't come up with the physical on COMEX. That should be and probably is outright illegal, as the prospectus states that the fund will hold 10 oz silver / share, and the shorts certainly aren't holding 100M oz silver (at least 10M shares short, if not more). Buy physical. Start nibbling on Jr producers and the BEST of the explorers. But have physical...what you want to have when this whole mess explodes. It'll never be cheaper...esp silver. jt
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 Prices Can Fall, Regardless of Fundamentals [View article]
Hmmmm...let's see if I get this wisdom. So then...innocent people can go to jail...bad things happen to good people...criminals can get elected or otherwise hold positions of high authority...our laws don't necessarily follow or obey the Constitution...laws aren't necessarily made by our legislature...the will of people isn't necessarily done...our markets are not necessarily free and open...the information put out by the mainstream media isn't necessarily true...the govt doesn't necessarily give a crap about its people...
So...to summarize: shit happens?...am I getting this right? jt
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
Although I was giving you the benefit of the doubt that you actually had some well thot-out analysis of the situation, when I got to your "put away your conspiracy theories" line, you lost what respect you had from me. It's quite unfortunate that in our day and age, all that has to be done to discredit ANY evidence or insight or concern and garner to oneself kudos from the self-described "enlightened ones" (normally, I have found, the most ignorant in a culture as they typically draw all their "facts" ArchieBunker-like from the nearly completely controlled mainstream media) is to call it a "conspiracy theory."
If you read this "theory" you'll see it is all based on publicly available EVIDENCE. If you're going to make that statement, which would be setting yourself up as an expert in judgment on the whole topic, then please present YOUR facts that contradict this "theory." Until then, stick to your OPINIONS and your pseudo-analysis, and leave off talking about "conspiracy theories" about which you obviously have very little knowledge or understanding.
And BTW...those of us who HAVE followed the EVIDENCE for years now have continued to buy silver on this artificial, paper/electronic-marke... takedown (read: MANIPULATION) b/c we know that the physical situation is VERY much different from the manipulated paper market price situation. That the investment market for silver has been very tight has been documented quite extensively. That the CFTC actually EXISTS to PREVENT this type of discrepancy and yet does absolutely nothing about it and even denies the existence of a problem simply adds more evidence to the case for manipulation of the price by TPTB--the anti-gold cartel, the Fed and its Treasury and bullion bank lackies, such as GoldmanSuchs and JPMorgain4Elites, along with all the pseudo-govt "forces" such as the "PPT" (The President's Working Group on Financial Markets), the Currency Stabilization Fund, the BLS (Bureau of Lying Statistics).
And BTW2...those reading these articles...STAY AWAY FROM THE ETFs!!!!!...buy PHYSICAL!!! The ETFs by all that we can now know, were set up to be able to draw off silver and gold from them by the bullion banks behind them in case of delivery problems or to control price on the market by dumping thru the backdoor. You should read the fine print...unbelievable how all this is couched in every kind of obfuscation you could believe. You have counter-party risk there. I do understand using it as an investment vehicle, but if you actually invest in silver (and gold) as a hedge and a preservation of value, know that in the actual event of a default on delivery of silver, the ETFs have provisions for basically declaring "force majeure" and you're out of luck. In that case, your dollar will have already lost another significant chunk of its (even now grossly inflated) value, and you will no longer have silver (or gold)...just paper money...whatever it will be worth at the time. Holding physical is the only sure way to know you have real money that will hold value. jt
Money: Inflation, Deflation and Gold [View article]
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
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
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
"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
Central Banks Launch Full Assault on the World's Trees [View article]
Kunst...you are right...Harry, Curly, and Moe. The only candidate that had a plan for even trying to get us out of this mess ("trying" only b/c I think it's alread too late) by getting rid of the Fed, the IRS, our "wars" and our stationing of 10's of thousands of our troops at well over a 100 sites around the world and taking care of our problems here. That was Ron Paul...and he was blacklisted and not even allowed into "fair and balanced" (they've lost ALL my respect now...the blowhards) FOX channel. Now it doesn't matter who gets in...none of them will fix anything...being "liberal" (with other people's money) they will likely simply continue spending non-existent money to support their voter base. We're going down...got your lifeboats ready? jt
Why You Should Have Some Gold in Your Portfolio [View article]
Having a little (paper) cash on hand for small purchases (at least until it becomes worthless), some type of physical hoard of food and water, a safe place to live, perhaps a supply of gasolline, and perhaps some form of protection (?gun/ammo/??barbwire), a generator, etc, is always intelligent. But gold/silver will always be money.
The money you can get "in a split second" might be losing value by the second, too, if we're actually in a situation where you'd have to sell them. And in that case, gold and silver's value will be skyrocketing in what ever currency you're getting paid in...jt
Asset Class Review: Crude, Gold and the Dollar [View article]
You said that right spartacuss...or how about a little more research before posting as "expert" analysis this bit of trifle:
"A strong gold market is partially reflective of weakness in the U.S. dollar, which makes the inability of gold to make new highs lately all the more troubling, given recent dollar weakness. One interpretation: markets are not buying the inflation theme, making gold less attractive as a dollar/currency hedge"
Well, your interpretation, unfortunately for those who want to learn the truth (now, who in the world wants the truth??...I confess, it would appear not very many Americans...but for those who do), the fact is that the investment demand for gold (and silver) has been tremendous!!! Hmmmm...there goes that piece of expert info down the tubes.
Any other possibilities?...howz about the forensic approach: Cui bono? For whose benefit? Who gains? Who benefits from the prices of gold and silver NOT going up? Hmmmmm...let's put on our 8th grade thinking caps...ok, hmmmmm...the Fed can create and has been creating almost without limit paper / electronic money that has found its way into the coffers of its bankster / financial institution shareholders and partners and o/w members of its (anti-gold) Cartel. Those who can touch the newly created money first (those just named) get the immediate benefit of new wealth. The value of that fiat funny munny is reflected in the value of gold and silver. Gold going up is a warning and reminder of the value of the paper (the electronically created from nothing) money going down...wouldn't want that now would they?
So...hmmmm...who might benefit the most from those prices not rising? Let's see...a little bit more research (after all, experts ARE experts, are they not, b/c they actually do some research?)--who has the largest short positions (actually NAKED short positions) on silver and gold on the COMEX?? Wow!!!...surprahz surprahz says Gomer, it's JPMorgain4Elites and HSBC!!!...and surprahz again...known members in good standing of the mafioso Fed-led and supported Bankster Cartel!!! My mouth drops open...again, in utter surprise.
So, dear "expert"...you're d*mn right it's troubling!!!! But it's troubling not that the prices are not going up when by all rights and evidence they should be, but b/c they are being forcefully HELD DOWN by those in real power...the Shadow Govt that now runs this country...the Fed and the Bankster Cartel, including our Treasury and its Secy, or should I say, the Treasury branch of Goldman Sachs. It is flat out criminal and against all the rules of the commodities markets. But then, hey, who cares...there's still food on the table, right?
jt
Don't Give Up on Gold Just Yet [View article]
The manipulation of gold and silver on the COMEX, as well as in London to a lesser degree, has gotten to such a blatant level that the only way one does not see it DAILY is to either refuse to look at it, or if one looks at it, to refuse to see the obvious, or if one sees it, refuse to believe what his eyes tell him is happening.
But hyperinflation is on the way, and one way or other, and really, there are multiple roads that will lead to it, the dollar is toast, and gold will fly in dollars ALSO!! Don't forget that gold has been reaching new highs in just about all currencies except the dollar and the yen...the dollar b/c of short covering and the unwinding of / redemption of many investment vehicles denominated in the dollar, and the yen b/c of the unwinding of the yen carry trade. Once those are done, the dollar will plunge and gold will fly also in dollars, if it hasn't already. One possibility of the "already" would be the potential for a delivery default on the COMEX within the next few months.
Buy silver and gold...take possession. There's really no use in trying to convince anyone...the proof will be in the pudding, as they say. But those of you who do understand don't want to be the object of an "I told you so" in the (perhaps not too distant) future. Better to be mocked now and safe later. At worst, you can sell your gold and silver for somewhere near what you paid for it. Now consider the worst that could happen to your paper money--you're not sure?? Well just Google "Weimar Republic" or Argentina hyperinflation. Recession / depression now...followed by hyperinflation...gold is a safe place in both scenarios.
jt
Four Reasons Why Gold's a Slam Dunk Investment [View article]
The Gold-Oil Ratio: Another Look [View article]
Thoughts About the Current Bear Market Among Junior Miners [View article]
But I'm also wondering what part the gold and silver bigboys (or even China for that matter) might have in it. They need to replace assets in the ground and they haven't been finding much...and with the ratio as you've just described being a mere 1:10 for Jr compared with the Sr gold/silver in ground...the cheapest way would certainly be to buy up the juniors with significant inground resources.
And for those who just automically blow off any and every "conspiracy" you hear, understand that I'm not saying that ALL moves in the market are manipulated. But...those who manipulate understand the markets...they understand TA and where the stop losses are placed for example...after all, they have ultimate and intimate insider info on ALL stocks/markets (the SEC and the CFTC are also members of the PPT--PlungeProtectionT... / President's Working Group On Financial Markets). All they have to do is tip a price below certain TA or wave numbers and they know the black boxes will do the rest...and they have.
But manipulation will finally be overcome, as it always has been, by physical supply and demand...and the demand is going to be investment demand. Make sure you have some real money...gold/silver coins/bullion. I'd strongly advise AGAINST the SLV and other PM ETFs. Ted Butler has shown that the SLV is being shorted bigtime...probably b/c the shorts can't come up with the physical on COMEX. That should be and probably is outright illegal, as the prospectus states that the fund will hold 10 oz silver / share, and the shorts certainly aren't holding 100M oz silver (at least 10M shares short, if not more). Buy physical. Start nibbling on Jr producers and the BEST of the explorers. But have physical...what you want to have when this whole mess explodes. It'll never be cheaper...esp silver. jt
The Case for $1300/Oz Gold [View article]
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 Prices Can Fall, Regardless of Fundamentals [View article]
So...to summarize: shit happens?...am I getting this right? jt
Gold and Oil Price Limits [View article]
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
Those Stubborn Silver Investors [View article]
If you read this "theory" you'll see it is all based on publicly available EVIDENCE. If you're going to make that statement, which would be setting yourself up as an expert in judgment on the whole topic, then please present YOUR facts that contradict this "theory." Until then, stick to your OPINIONS and your pseudo-analysis, and leave off talking about "conspiracy theories" about which you obviously have very little knowledge or understanding.
And BTW...those of us who HAVE followed the EVIDENCE for years now have continued to buy silver on this artificial, paper/electronic-marke... takedown (read: MANIPULATION) b/c we know that the physical situation is VERY much different from the manipulated paper market price situation. That the investment market for silver has been very tight has been documented quite extensively. That the CFTC actually EXISTS to PREVENT this type of discrepancy and yet does absolutely nothing about it and even denies the existence of a problem simply adds more evidence to the case for manipulation of the price by TPTB--the anti-gold cartel, the Fed and its Treasury and bullion bank lackies, such as GoldmanSuchs and JPMorgain4Elites, along with all the pseudo-govt "forces" such as the "PPT" (The President's Working Group on Financial Markets), the Currency Stabilization Fund, the BLS (Bureau of Lying Statistics).
And BTW2...those reading these articles...STAY AWAY FROM THE ETFs!!!!!...buy PHYSICAL!!! The ETFs by all that we can now know, were set up to be able to draw off silver and gold from them by the bullion banks behind them in case of delivery problems or to control price on the market by dumping thru the backdoor. You should read the fine print...unbelievable how all this is couched in every kind of obfuscation you could believe. You have counter-party risk there. I do understand using it as an investment vehicle, but if you actually invest in silver (and gold) as a hedge and a preservation of value, know that in the actual event of a default on delivery of silver, the ETFs have provisions for basically declaring "force majeure" and you're out of luck. In that case, your dollar will have already lost another significant chunk of its (even now grossly inflated) value, and you will no longer have silver (or gold)...just paper money...whatever it will be worth at the time. Holding physical is the only sure way to know you have real money that will hold value. jt
Money: Inflation, Deflation and Gold [View article]
Gold’s 'Grand' Illusion [View article]
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 [View article]
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? [View article]
"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
Central Banks Launch Full Assault on the World's Trees [View article]