China’s expansion has long been expected. Many observers have said a new cold war, in which a rising China gradually seeks to push the U.S. military out of the western Pacific, is inevitable. Any such conflict would of course be dangerous whenever it happened, because the United States is likely to resist these efforts strenuously. But what’s surprising—and worrisome—is how the timeline for this conflict, or at least its beginning stage, has seemed to accelerate over roughly the past two years. Suddenly and aggressively, China has begun advancing its military interests throughout the region, catching its neighbors and the United States off guard. read more

ON the flimsiest pretext gold swoons-yet on the most bullish fundamentals/news it struggle to go up  10 bucks

yep, they just chip away at the psyche all day long – unbelievable how they can always make you feel like you’re losing.

If anything I guess it just confirms how important the pm’s are to the world economic system.

Very frustrating stuff.

I heard he canceled the fundraisers for a round of 18 holes instead

Maddog- And again Silver was sold off all night…..because they know if they don’t wack it every time before a breakout it could rip out of control. So they manage it instead

There after the non stop Tap, Tap Algo pushes  it back down all day.

Looking at the PM;’s and stox anyone would think that Obummer has offered to French kiss any Ebola victims.

Cancelled two Fund Raisers today !   He’s getting ratteled  ….Houston orders hundreds of Obola suits ..the new Fashion craze …put your order in don’t get left out..

Stupid is as Stupid does….. He won’t cancel any flights coming from West Africa like a true Communist  they believe in SHARING first the Poverty and now the DISEASE .

Before he leaves office the US will look like an African Nation ,and Germany after the WAR…but  the good part is we’ll be politically correct.The wealth creating manufacturing will be gone,the infrastructure will be further eroded with NO SHOVEL ready projects having taking place .Everything he promised was a LIE staying true to their Communist teaching they are “Masters of Deceit” straight out of Lenin ,Marx &  Engels…But what they do well is Campaign ,make promises they couldn’t possibly keep and they have infiltrated the Media that spins every failure into somebody eases fault.Its a Propaganda machine that rivals Hitlers .The similarities between the “National Socialist German Workers Party” and and Obola’s team come right out of Mein Kamph.

The destruction of the “Bill of Rights” Justice from the Attorney General is non existent

No one enforces the LAW…The direction for that comes right from the TOP of the Administration.Every one inside is fearful to speak out .They try to take us to War at every opportunity to distract from the failures.They have visions of Grandeur like their Mentor Adolph had of One World Government.They think God anointed them ! A sure sign of mental depravity .

Can still trigger the computers to buoy:

A conveniently timed release of a Bloomburg rumor:

Federal Reserve Chair Janet Yellen voiced confidence in the durability of the U.S. economic expansion in the face of slowing global growth and turbulent financial markets at a closed-door meeting in Washington last weekend, according to two people familiar with her comments.

The people, who asked not to be named because the meeting was private, said Yellen told the Group of 30 that the economy looked to be on track to achieve growth of around 3 percent going forward. She also saw inflation eventually rising back up to the Fed’s 2 percent target as unemployment falls further, according to the people.

On Monday, I suggested central banks would resort to buying stocks to prop up the stock market: Will the Fed Let the Stock Market Crash Before an Election? Reports suggest central banks and states are already buyers of equities, either via proxies or via public pension funds that have increased their ownership of equities.

Central banks have reached a fork in the road. The policies have the past six years– jawboning, i.e. talking up the power of the central banks, buying bonds and shoving new money into the financial sector–have reached diminishing returns. The public’s once unbounded faith in the efficacy and power of these policies is waning, and now central banks face open skepticism.

One path is to admit the limits of central bank powers. This is tough to do when you’ve been glorified for so long, but the honest confession of the limits of making short-term buffers into permanent policies would force governments to deal with the issues that have been avoided for the entire six years of central bank free money.

The second path is to start buying assets en masse. With jawboning and easing both discredited, there really is nothing else the central banks can do to support asset prices and keep the thin veneer of a healthy economy from peeling off.

The third choice–continue jawboning and launching yet another failed easing program–will only further discredit central banks and their policies.

http://www.zerohedge.com/news/2014-10-15/what-options-are-left-central-banks

Psalm 121 King James Version (KJV)

121 I will lift up mine eyes unto the hills, from whence cometh my help.

2 My help cometh from the Lord, which made heaven and earth.

3 He will not suffer thy foot to be moved: he that keepeth thee will not slumber.

4 Behold, he that keepeth Israel shall neither slumber nor sleep.

5 The Lord is thy keeper: the Lord is thy shade upon thy right hand.

6 The sun shall not smite thee by day, nor the moon by night.

7 The Lord shall preserve thee from all evil: he shall preserve thy soul.

8 The Lord shall preserve thy going out and thy coming in from this time forth, and even for evermore.

From the expression on others on that pic looks like comedy relief of something that really isn’t funny. Those a suits aren’t meant to keep in for long periods or would get uncomfortable including masks due to moisture build up. Sure hope he/she doesn’t have to go to the bathroom either on the plane or at airport.

hordes of drooling bargain hunters are drawing up their buy lists…they will be wiped out–unlike 2000 and 2008 stocks will not come back this time–we have just become japan in the 1990s–the stock mkt will drift or crash down to 6000 and not get above 10,000 for the next 10-15 yrs–this will be the winter of our discontent…

Seems to me most those ETFs are used as a effort to control the direction of the market. I wouldn’t even be surprised if the gov buys them to prop things up or discourage buying others that don’t fit in their plan. In fact I also wouldn’t be surprised if they could by them to threaten the companies they supposedly track.

For all those gold haters, don’t you like the smell of napalm in the morning. Kidding or not aside.. Dow looks like to have critical support around 15442. PS not saying that it can’t bounce anytime” or not” but a area of support to watch for. Armstrong all over the place why I posted my IMO.

Passenger Wears A Hazmat Suit To Dulles Airport [PHOTO] link here

Sorry for your loss. My best to you and your family.

rno

Even if they bought DUST, they lost money. Both are down 40% on the year. Both are time wasting assets like call and put options. You need to be right soon after buying. Can’t sit on them.

http://finance.yahoo.com/q/bc?s=NUGT&t=1y&l=on&z=l&q=l&c=dust

Sorry for your family’s loss. From her first steps to last dance with dad. For your wife.

that’s not looking good at all. I’d love to see what rabbit is pulled from the hat next

PM stocks are trading as if gold were $400-NOBODY sells at that point–there’s no meat left on the bone–they would raise peanuts…yes, the one plus today is that pms are up at all…

England controlled a vast empire with a small contingent in every country and  regiments of native soldiers–Imperialism couln’t afford to be fastidious in those days…they were damm clever….compared to today

$1900 or 2500 or 5000 gold seems like an opium smokers dream…all the moneys going into bonds…even with the $ down 700 bps…

Agree, the action is not great in the metals considering the smashing of the USD and SM, and the rally in bonds. I guess until you look at pretty much everything else.

OTOH, things don’t look great for Goldman’s forecast of the ten year at 3% by year end as it’s now at 1.90%. Doesn’t also look good for their forecast of $1050 gold. Whoops.

You know the drill, gold won’t really start to pick up steam until the drumbeat for QE4 begins and all growth forecasts are wiped out.

There were an estimated 207 million cases of malaria in 2012 (uncertainty range: 135 – 287 million) and an estimated 627 000 deaths (uncertainty range: 473 000 – 789 000). 90% of all malaria deaths occur in sub-Saharan Africa.

In 2012, malaria killed an estimated 482 000 children under five years of age. That is 1300 children every day, or one child almost every minute.

Sorry to hear about your father-in-law passing.

Sincerest condolences to you and your family.

Take care