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  • Have Central Bank Gold Purchases Swamped The Market? [View article] me a bank that can survive with a loan portfolio in deflation. Banks lend money on the assumption of ongoing, continuing inflation. In a deflationary environment, their collateral is decimated and no one wants to pay back the loan.
    Jan 6, 2012. 01:25 PM | 4 Likes Like |Link to Comment
  • Silver Over $50 Coming Sooner Than You Think [View article]
    Another interesting point is that March silver is in backwardation, suggesting that no one wants to part with physical silver in connection with a futures trade. Some suggest this is a "trust" issue, and I suspect is directly related to MF Global debacle.
    Jan 6, 2012. 01:19 PM | 1 Like Like |Link to Comment
  • Unmitigated Good News On Jobs [View article]
    I think the advice was "until you see the whites of their eyes". I will just wait for a couple months to see what happens to employment after the Christmas holiday season runs it's course. My suspicion is that after the holidays Americans will return to trying to repair their personal balance sheets that have been ravaged over the last 3-5 years. When people start BORROWING to spend again, then I'll think the economy will pick up.
    Jan 6, 2012. 12:59 PM | 1 Like Like |Link to Comment
  • S&P 500 Will Be Dead Money For Next 7 Years Due To Balance Sheet Recession [View article]
    What many opportunities will exist as all businesses will engage in trench warfare to get consumers to part with their dear dollars. Good luck trying to start a new business these days. You better have a blockbuster idea.
    Jan 6, 2012. 12:50 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Dang....not one comment on the CME (criminal manipulation enterprise) or the CFTC (commodity fictitious trading con). These guys are owned by the Wall Street Crowd, and how do you expect them to do anything other than what's good for Wall Street. People are getting tired of the con games and the corruption. Good Luck keeping investors boys, as people are looking for some place trustworthy.
    Jan 6, 2012. 12:47 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Hey, one less middle east country without a Navy would be a good thing.
    Jan 6, 2012. 12:43 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Geesh, and diesel is commanding about a $/gallon premium over regular unleaded these days.....I can't imagine owning anything that uses diesel fuel....except maybe a generator.
    Jan 6, 2012. 12:41 PM | Likes Like |Link to Comment
  • The Gold-To-Silver Ratio And $200 Silver [View article]
    WHAT ????? !!!!! You didn't sell your PM's? Please tell me you are just kidding me !!!!!!! What are you now gonna sell when we decide it's time to meet in Hawaii and have our party !!!!
    Jan 6, 2012. 12:34 PM | Likes Like |Link to Comment
  • Battered By Gold, Whipped By Silver [View article]
    Dale W.....thank goodness you still have a brain after you exposure to the LSM and the US DoE.

    What they say are lies, designed to get people to believe that politicians really have our best interests at heart. The truth is the banksters and politicians are whoring with eachother and they have evil designs on your life and mine. They are more than happy to keep the 99% working at menial jobs and feeding them their gruel, so long as they can keep skimming off the top with the money they print every day.

    So...I think the old saying is to tell if they are telling a lie? Their lips are moving.
    Jan 6, 2012. 12:31 PM | 3 Likes Like |Link to Comment
  • Why Is Gold Dropping? [View article]
    Then i'll give two dimes.
    Jan 6, 2012. 12:21 PM | 1 Like Like |Link to Comment
  • The Burden We Leave Our Grandchildren [View article] are preaching to the choir on that one.

    When you stop to consider the alternatives of what a company can do with the retained income from not paying taxes, you come to the conclusion that most all their alternatives lead to downstream taxable events. For example:

    1. Paying higher wages, bonuses, etc. yields a combined tax rate much higher than the corporate tax rate.
    2. Paying dividends to shareholders yields tax on the dividend income by the recipient.
    3. Paying for goods and services like capital purchases....possibly generates a sales and use tax, and certainly results in the payment of wages by the selling company.
    4. Buying shares back theoretically raises the stock price and would result in increased capital gains tax.

    The worst case scenario, which we have to a degree today, is a company that has earnings in it's international business that they can't repatriate and deploy in the US. I say let them bring those earnings home so long as they are subsequently spent/invested in the US. Alternatively, I would say US earnings are tax exempt, but foreign earnings are taxable.
    Jan 6, 2012. 12:17 PM | Likes Like |Link to Comment
  • Was 2011 The End Of The Gold Rush? [View article]
    Difu Wu...
    Perhaps I have no intention of ever selling the gold I buy in my lifetime...thus there is no need for a greater fool.....but then again....seems like there is always a greate fool willing to buy gold in the open market. The greatest fool is someone who buys paper gold and thinks they really own a claim on physical gold. Thank the bankster brotherhood for the concept of fractional reserve banking. They rely on all the fools.
    Jan 6, 2012. 12:09 PM | 3 Likes Like |Link to Comment
  • Was 2011 The End Of The Gold Rush? [View article]
    Kount von....your name sounds like a good European name, so you should be familiar with the history of the European bankers...errr banksters. You are right...the banksters have an awful track record of trading fake stuff (fiat currency) for real stuff (gold, etc.) They have made a life long, family generational study of the process. They will do all in their power to suck the gold out of the system and into their pockets (valuts). If a Central Bank is selling PHYSICAL gold, you can rest assured the banksters are buying it with paper dollars, or paper claims of some other kind. And you can rest assured that the sovereign holdings of any country are easy targets for the bankster brotherhood.

    Any sovereign country that sells gold is a fool....just like Gordon Brown was years ago in the UK....but then again....I'm sure Mr. Brown really worked for the banksters.
    Jan 6, 2012. 12:04 PM | 3 Likes Like |Link to Comment
  • Gold And Silver Is Risky For The Long Term [View article] can rest assured that the CB's are lending "paper" gold, which will be sold and re-hypothecated over and over. There is a huge and evident de-coupling of the physical gold market from the paper gold market, as evidenced by this comment from Mark Cutifani - CEO of AngloGold Ashanti, a $16 billion mining firm. He said, "Major buyers are finding it is hard to get physical gold. People are coming directly to us, people who want tonnes of physical gold, people with serious financial muscle, because they are finding it is very difficult to secure the volume of gold they want. That is something we have noticed over the last 18 months, and it has been increasing in the last six months. People are finding its hard to get physical gold."

    History is replete with the banksters working their fractional reserve banking magic....the same magic applies to paper ownership of gold.
    Jan 6, 2012. 11:52 AM | 5 Likes Like |Link to Comment
  • Ticonderoga takes the hatchet to Q4 and FY2012 EPS estimates for Goldman Sachs (GS) and Morgan Stanley (MS), but offers hope for the future. Potential catalysts include signs of an improving U.S. economy, clarity toward capital availability for repurchases after Fed stress tests, and widening bid-ask spreads driven by "major retrenchment" of European competitors.  [View news story]
    Couldn't happen to a bunch of better guys. I'm thrilled.
    Jan 6, 2012. 11:45 AM | 1 Like Like |Link to Comment