Oil steel Gold etc was low, dollar was high. Dow gold ratio bottomed or topped depending on view. 14-15 ounces gold to buy the Dow today.
Peter Shiff Video
Q-E, lower interest rates, “printing money” is all horse crap. Those things are not a cure. They are to fight the symptoms or results of global socialism. Take from the rich (countries) and give to the poor, until they run out of other countries money.
The US tax PAYER masses are generally under paid, and it caused a reversal of USA decline but also a reversal of other countries benefitting. I posted all these predictions years ago on G-E Forum.
Maddog @ 11:19 re Stockman A Mad Gold Bug
I don’t consider him a gold bug. Just one of many capitalizing on writing things people like to read. He knows nothing about the “game” or “situation” in my book.
Or if he knows, what I know, he can’t admit it. Probably signed agreements when he started employment with gov’t. When things look bad, people in general prefer enjoy exiting disastrous negative info. Positive news is boring, no fun.
Opposite when things are fine like up to the mid 1970s. Start talking warning about exiting disastrous negative future info and they don’t want to hear it. I tried.
Buygold @ 11:04 re they will stuff pm’s until they’re no longer able to do so.
It’s MY view that TPTB STUFFED GOLD to towards $1900 to attain over supply. This is how they operate. Look at a long term Copper chart. Or pretty much ALL commodity charts. They don’t go up uniformly like a postage stamp or newspaper.
TPTB FOOL producers with a higher price (thrown a bone) to make them over produce. For supply. Then later they get punished. I heard the CEO of FCX one time say….”We are not going to respond to the higher prices” or something like that.
Producers (and savers) always get net screwed. This may reverse.
Today’s paper here, first time in a long time a full page GOLD WANTED add with Keith Hernandez face
Deflation or inflation
Peter Schiff on why they will not raise interest rates but continue to print. Looks like the narrator is leading into buying. Other than phyz exchange I agree with Armstrong timing is important. Timing is in fact more important than price as you could lose all or have no cash when a real rally is in play.
Question here is will they print or raise interest rates going forward. “Not sure ” but seems Armstrong is saying they are going to raise interest rates and Peter is saying they will print. Armstrong did say in PA Debt crisis when they start rising interest rates they will start rising fast. That was back in 13 when someone said he’s going to wait till think it was 29 to buy property based on something Armstrong said before what I don’t know. Armstrongs response was to buy now because of interest rates will be up by then. Anyways Peter still thinking for now anyways they will print. With other countries moving to the dollar out of theirs in Euro Yin Ruble and maybe yuan going forward will they try to deflate further or inflate? Seems to me raising interest rates would rise with inflation but who knows anymore.
buygold
Watch Germany …..the people have had enough and Merkel has dissed PREGIDA big timein her New year speech….called ’em “pin stripped Nazi’s”…….big mistake.
German biz is also furious over Russian sanctions, they will force the EU to split from US and then the US is on it’s own, with only the Rig …..that’s if the wheels don’t fall off sooner.
Mr Copper Happy new Year and to everyone else
re Stockman
Sure he has been a bit slow, but he is very mainstream, they can’t diss him as a mad bug etc. like you and me. 🙂
Mr. Copper
Maybe you’re right. I don’t pretend to know anything anymore other than they will stuff pm’s until they’re no longer able to do so.
Ifso Facto In case you haven’t noticed :-)
Small cap bear chart TZA, may be at a bottom.
Ment17 @ 22:55…Gads!
INTERSTITIAL CYSTITIS – HERBAL REMEDY:
Horsetail (Equisetum arvense)…a/k/a Shavegrass.
Medicinal Properties – Definite Action:
- Diuretic action (due to tannins and flavonoids)
- Astringent action (due to tannins)
- Antispasmodic action (due to flavonoids)
- Antibacterial action (due to flavonoids)
- Source of trace minerals, including organic silica
The major action of horsetail is as a urinary tract astringent and diuretic. These properties are produced by a combination of tannins and flavonoids present in the herb. Folk medicine refers to the ability of horsetail to tone organs of the urinary tract and soothe the bladder. This is best explained by the herb’s ability to tighten the inflamed epithelial tissues with tannins and purge the urinary tract of toxins by dieresis.
Concurrently, the flavonoids present in horsetail exert a spasmolytic action on the smooth muscles to ease the painful spasms often associated with urinary tract infections. Its flavonoids are also antiseptic and help fight infections of the urinary tract. Its astringent and antibacterial properties also make it useful topically as an eyewash and to heal wounds.
HEALING PROTOCOL: TEA: make an infusion by pouring a cup and a half of boiling water over one heaped teaspoon of Horsetail (a/ka/ Shavegrass). Cover and allow to steep for ten minutes, then drink. Repeat two or three times a day.
DIET: An alkaline diet is highly beneficial.
http://www.phionbalance.com/acid-alkaline-foods-chart
Buygold @ 10:34 re this morning’s triple whammy of ugliness
In my view the US economic “recovery” or restoration was put on “hold”, probably temporarily, to help all the other nations catch a break, or give them some “hope”.
Its all visible in the 6 month abrupt dollar adjustment. The Dollar (and futures markets) are their tools to change prices and values. Literally wage and price controls.
They also control (to a point) increase or decrease in supplies, and increase or decrease in demand, with prices. None of these prices are natural or organic.
This game may also reverse.
The wheels come off very slowly IMHO
ISM Manufacturing & Construction Spending Collapse To 6-Month Lows Tyler Durden’s picture Submitted by Tyler Durden on 01/02/2015 10:09 -0500 . in Share . . Not decoupling-er. Completing this morning’s triple whammy of ugliness, US construction spending in December dropped 0.3% (against expectations of a 0.4% rise) – the biggest monthly drop since June. On the back of a crash in new orders from 66.0 to 57.3 (and prices paid plunging to 30 month lows), ISM Manufacturing also tumbled from 58.7 to 55.5 – its lowest since June (missing expectations by the most since January). Unable to find a silver lining, ISM’s Holcomb proclaimed “comments are a ‘bit mixed'”.
Watching the VIX as the SM slowly rolls over and treasury yields fall.
Scruffy @ 10:05 It Just Might Happen
I see reversals of the past all over the place. The Fed is in and from the past. The world has seen the results, that culminated in the 2008 fiasco.
Maddog @ 9:44 The Wheels Already Fell Off
That Stockman guy is a diz-wa imo. He’s not up to speed. On the “game”.
The Liberal Idiocy On Russia/Ukraine—–Tom Friedman & Paul Krugman Spew A Plentitude
Among honest and knowledgeable people, there really isn’t much doubt about what happened in Ukraine last winter. There was a U.S.-backed coup which ousted a constitutionally elected president and replaced him with a regime more in line with U.S. interests. Even some smart people who agree with the policy of going on the offensive against Russia recognize this reality.
The Liberal Idiocy On Russia/Ukraine—–Tom Friedman & Paul Krugman Spew A Plentitude
When do the wheels fall off
The Mother Of All Manias
http://davidstockmanscontracorner.com/the-mother-of-all-manias/
Good Morning All and Happy New Year
Regarding Gold? I was just looking at weekly charts here, and looking back exactly one year, I see Gold is pretty much exactly where it was, but the Dollar is a lot higher today at 91, with 81 last year. A good sign in my book.
I suspect the climb to $1900 has increased capacity and production, and even with THAT situation we are still seeing $1200 + or – $50. In other words, the higher production must not be out-pacing the demand.
Gold:
http://finviz.com/futures_charts.ashx?t=METALS&p=w1
Dollar:
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
Good morning Oasis
Samco Gold Announces US$244 Million Argentinean Court Award Against Yamana Subsidiary
http://finance.yahoo.com/news/samco-gold-announces-us-244-115000534.html
Gold Train… and Coffee
Looks like we have mountains to climb, again. Rocky Mountaineer Railtours at Field, BC
http://www.railpictures.net/viewphoto.php?id=511560
Looks like I gata do everything myself this morning…
Turkmenistan, the former Soviet republic, devalued its currency against the US dollar by 18% for the new year. Turkmenistan is energy-rich and this is the latest sign of seriousness of the collapse in oil. This will contribute to now force the dollar higher as commodities decline, the energy producing nations will be compelled to devalue their currencies in an effort to try to make ends-meet. Devaluations will result in an attempt to create inflation to offset the deflation. We are in a major economic collapse on a global scale. Most people do not understand that this is the real threat we face. By Marty
Auandag
Ps Plus if you noticed we have a brutal reversal with the healthcare system and quality of care as well as forced insurance that as driven cost higher. Costs higher care lower to negligible, increased stress and being forced to work past retirement, not a good recipe for a long healthy life. I see the future as the young becoming old before their time and all this was preventable. As far as repopulating the earth can’t sustain overpopulation. I remember when they worried about famine because of it. Again only thinking of numbers or laborers not as people and there are plenty to service the elder they problem lies in their mismanagement of funds. What did the Bible preach, hate to bring that up but.. They were warned of years of a drought and to stock like food that saves them. These days we have a group that says let’s not worry about it well just import. It’s them, again.

