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  • Should You Short Gold And Silver ETFs?  [View article]
    One thought about today:

    What we are witnessing is a bunch of "girly men" who are scared that everyone will see that the "emperor (the Central Bank) has no clothes.

    Action today by puppets at Goldman and other investment houses is the result of pressure from authorities ... it is that simple. Pricing action is no longer about fundamentals, but it is about FEAR. Just look at how the US president is running around the country trying to take peoples guns.

    For all reading this note, below is the process:

    1. Registration ==> US at this step. (See Senate Bill)
    2. Confiscation
    3. Annihilation (Genocide)

    US following exactly the same script as Nazi Germany. American founding fathers were very wise men and what we are witnessing is exactly what they were trying to guard against in their time. Just read their writings ... some really amazing information.
    Apr 10, 2013. 04:32 PM | 4 Likes Like |Link to Comment
  • Gold Has Held Its Value Over The Last 2,500 Years: Fact Or Fiction?  [View article]

    I believe the author answered your question in the following commentary. I guess you did not see it.

    "For example, one widely reported statistic is that an ounce of gold bought 350 loaves of bread during the time of King Nebuchadnezzar of Babylon, who reigned during the 6th century BC. How many loaves of bread does an ounce of gold buy today? Well, the calculation isn't as simple one as one would think. There are so many different types of bread and prices for bread. Nevertheless, a look at the Bureau of Labor Statistics' consumer price index suggests that, on average, a pound of bread in the U.S. costs somewhere between $1.44 and $2.04, depending on whether it's white or whole wheat.

    If we take the average of those two prices, and further assume that a loaf of bread weighs 1.5 pounds, we reach a loaf price of $2.61. Now, some -- particularly those in high cost of living locales -- will take issue with this price. In any case, that means that an ounce of gold -- last trading for $1,585 -- can purchase 607 loaves of bread. A loaf of bread would have to cost roughly $4.50 to reach the 350-loaf-to-1 ounce-of-gold ratio. This result tends to support the bullish view that gold maintains its value over time. However, even conceding that, others may draw the conclusion that gold is overvalued based on the somewhat facetious gold/loaf-of-bread ratio."
    Apr 10, 2013. 12:30 PM | 2 Likes Like |Link to Comment
  • Every Gold Coin Has Two Sides  [View article]

    Any thoughts on the call from the "puppets" at Goldman this morning concerning ending price of $1,450/ounce for Gold by the end of this year?

    This smells of FEAR by someone. By the way, Japan bonds were halted again this morning.
    Apr 10, 2013. 10:32 AM | 1 Like Like |Link to Comment
  • Is There More To Come After Yesterday's Silver Surge?  [View article]

    I saw the puppets from Goldman issue a new gold forecast for 2013 ... Fed must be scared ... dollar under attack ... Japan situation out of control ... Bitcoin parabolic ... COMEX gold storage record draw down ... Homeland Security buying up all the ammunition ... etc.

    Welcome to the new world order run by the "shadow" elite.

    Clearly ... Goldman's note is a red flag that someone is scared ... very scared!

    Looks like the battle is on ... West versus East.
    Apr 10, 2013. 10:06 AM | 4 Likes Like |Link to Comment
  • Is There More To Come After Yesterday's Silver Surge?  [View article]

    I read a post on Jim Sinclair's web site that made a lot of sense. The post inferred a connection between the Japanese events and equity ramp that really made sense and is related to the disparity between the 10 Year Japanese yield (0.565 %) and other investment vehicle yields. Specifically, the 10 year US T-bond, stocks with dividends, European 10 year bonds, etc. As the post noted, there is 6.34 Trillion dollars in Japanese bonds that appears to be looking for a new home which probably explains equity bubble and other bubbles. In addition, all of this has negatively impacted sentiment in the PM complex. The 6.34 Trillion is a Tsunami of money apparently looking for a new home.

    For the first time, gold and silver behavior made sense to me and appears to coincide exactly with the engineered YEN crash. (Correlations are very high). All of this leads me to one conclusion: This too will pass and gold/silver is going a lot higher once the ramp starts.

    Our elected officials and other government leaders behind this money creation fiasco are corrupt to the core. Of course the Bible verse below says is all about the people behind this situation.

    Jer 17:9 NKJV - "The heart [is] deceitful above all [things], And desperately wicked; Who can know it?
    Apr 10, 2013. 09:38 AM | Likes Like |Link to Comment
  • Even The Bulls Are Becoming Wary: Can We Trust The Market Any Longer?  [View article]

    I think you nailed it ... George Soros is one of the architects of the "New World Order" who is donating actively to organizations working to dismantle the US Constitution.

    Today Japan, tomorrow the USA. Note he targeting two nations with largest debt-to-GDP ratios.
    Apr 9, 2013. 01:14 PM | 3 Likes Like |Link to Comment
  • Ding Dong, The Yellow Metal Is Dead!  [View article]
    Avi Gilburt,

    A lot of things are very wrong today. Jim S. is simply stating facts about the financial system which is actually quite disheartening to read. The financial system is just a symptom of a bigger problem. The governments are corrupt to the core and it is getting worse daily. America is a cesspool of iniquity as evidenced by Plan B ruling by some federal judge which is equivalent to legalized murder of children. A day to "real" reckoning lies just ahead will make many wish they bought a ticket on the Titanic.

    The above is why precious metals in general are going to go up.
    Apr 7, 2013. 10:17 PM | 7 Likes Like |Link to Comment
  • Why Gold, Silver And Mining Stocks Are Headed Lower  [View article]

    I agree ... George K. has pushing this theme for a long time now ... just another talking head on SA.
    Apr 4, 2013. 05:19 PM | Likes Like |Link to Comment
  • Gold Miners Continue To Fall Harder Than Bullion  [View article]

    Just one comment ... Yes the miners are falling.

    Miners now at historic valuation levels. Case in point:

    1. P/Es now single digits
    2. Gold now priced at $0 in the ground for all miners with by-product credits of CU, AG, MB, ZC, etc.
    3. PEG ratios UNDER "1'' which is very favorable for many miners.
    4. Dividends for most miners now greater that 10 year treasury yield.
    5. Apple stock now worth more than every miner combined on the planet.

    In a word .... this market is one huge, manipulated mess. I can see the Black Swan in the air now ready to arrive at a country near you. Houston ... we have a problem. As a side note, Japan is officially in panic mode as evidences by BOJ actions today.

    Of course to see the script for the market, just ask the Jesuits.
    Apr 4, 2013. 05:08 PM | 2 Likes Like |Link to Comment
  • 5 Warning Signs That The Rally Is Fizzling  [View article]

    I agee ... RUT is rolling over. But never fear the PPT is just one trade away from turning the entire mess around. Just ask the Jesuits ... they have the script.
    Apr 4, 2013. 05:03 PM | Likes Like |Link to Comment
  • 5 Warning Signs That The Rally Is Fizzling  [View article]

    Well done and well written. I agree 110%. It will be interesting where TLT finally ends in value, but would not surprise me to see a parabolic blow-off before a final crash to earth for bonds.

    The Jesuits are in control of the final outcome.

    Apr 4, 2013. 02:11 PM | Likes Like |Link to Comment
  • Gold Takes Out Major Support: Next Stop $1,350  [View article]
    Mike Williams ...

    $1350? LOL!!!!!!!
    Apr 3, 2013. 11:45 PM | Likes Like |Link to Comment
  • Short Gold As The Economy Gets Better, $1,400 Price Target Likely  [View article]

    I agree. What I cannot figure out is why the US just gave Egypt 16 F16s!
    Apr 2, 2013. 11:47 PM | 1 Like Like |Link to Comment
  • Recent Action In Silver ETFs Is Bad News For Precious Metals Bears  [View article]

    I agree completely. Enough said.

    As a side note, I cannot stand what the US is doing in many areas that will impact future generations. By the way, don't look now, but Russell 2000, Transports and Industrial Metals got clobbered today, 02Apr13. Copper is very weak. Divergences all over the place that indicate something very bad just over the horizon.
    Apr 2, 2013. 11:41 PM | 1 Like Like |Link to Comment
  • A Golden Cross To Bear  [View article]
    One other comment about Morningstar: Didn't Morningstar miss the call on the mortgage mess in 2007/08? Does anyone believe anything they write?
    Mar 29, 2013. 03:55 PM | Likes Like |Link to Comment