…at the specialized Farm Equipment they make, nowadays. That thing looks like it could do some serious damage! 🙂
One milestone just convinced Art Cashin of an Election Day landslide
”
It’s uncommon for stocks to hit new highs in August, but when they do so during a presidential election year, the contest has been a blowout since 1950.
The last four times the S&P 500 has hit a new high in August during an election year, the victor won in a landslide. That insight comes from Art Cashin, director of floor operations at the New York Stock Exchange for UBS, and was confirmed by CNBC.”
Comment: We know Hillary is going to spend hundreds of millions in TV adds spending George Soro’s money like no tomorrow. But she cant run from the cameras during the debates. Lets hope Trump & Team are geared up and ready to strike. Something tells me they will be explosive as Trump dumps the dirt on Hillary toe to toe.
Maya, You Making Fun Of My New Ride ?
OK, so its not as fancy as that anti-gravity watcha macallit of yours, but all I need it to do is get me to the train station on time. Then it’s the Deluxe Gold Club car and smooth sailing. Buygold supposed to be saving me a seat.
You a funny guy !
Mr.Copper Thank You For Looking It Up,
and providing the link to he Khan intel. Greatly appreciate it.
Farmboy, FYI, PMs Market Thoughts Here
I think we are past due for another leg up to new highs re bullion and shares. Gold peaked July 6 and 8th. Little pennant formation showing. Usually they break out violently up or down.
Another thought, maybe the Dow SnP were giving PMs a tailwind, that may be ebbing.
Also possible rotation going on from the best performers (500% ytd) to the lagging ones only 150-200% up.
Dollar breaking down nicely, 94.6 now, was over 100 late 2015, may give us the violent up-side move if it drops lower which I think is the right path.
Farmboy @ 14:43 re Being an Investment Newsletter Writer,
Thanks for that comeback. It comes natural since I was in my early 20s. When we were kids, regarding things I said or suggested, one of the girls referred to them as “Larry’s helpful ditties” 🙂
I remember my first one, after leaving home at 20, and getting married and having two kids. Being in the workforce and trying to save money. I LEARNED.
“Every time you try to save, you lose” So leave that objective to wealthier people who can afford it.
Look at consumers today. They want to save, so buy cheaper imports, and the whole country lost.
Farmboy @ 14:45 re Can You Link To a Source
Only the words came in my e-mail, so I just searched goog and found plenty:
Khan was paid $25,000 & speech written by staffers; Constitution bought 2 hours before DNC speech
http://investmentwatchblog.com/khan-was-paid-25000-constitution-bought-2-hours-before-dnc-speech/
Found here:
https://www.google.com/#q=Khan+was+paid+%2425%2C000+by+the+Clinton+campaign+
The Fed
will probably think ,no sense letting a Market drop crisis go to waste and take the opportunity to raise rates after the drop so as not to get Blamed for a Market drop. ! So everybody will pile on and throw out thier trash during a Hurricane ..
I f we get a drop in Dow & S&P
we will also get a sympathy drop in Gold & Silver probably to make margin Calls.But dont let that make you lose your position
because it will be very difficult to get back in after the initial drop .You been waitiing a long time ..dont be a sold out BULL …
1 Hour To Go: Come On Boyz, It’s The Olympic Season
you can get that Dow Cow back up into the green. Now dont let Gold & Silver rise while you bust a gut. And remember what yer momma said, about never lifting without a couple spotters. Good Luck !

OH my, this is not in your favor….sorry…
Global central banks dump U.S. debt at record pace
http://money.cnn.com/2016/08/16/news/economy/central-banks-debt-dumping/index.html
Mr.Copper @ 13:39 Can You Link To a Source
for the info on Khan ? Thanks !
Mr.Copper @ 13:53 Must Be Tough Being an Investment Newsletter Writer,
coming up with near daily ‘insights’ to keep your subcribers subscribing. Then there is the Oasis. It’s all you need to know. 🙂
Nervous About Gold ? This Little Factoid Brings Some Relief,
“In those days, the U.S. gold reserves were only valued at $35 per ounce and still represented 26% of outstanding dollars. Today at $1,360 per ounce, reserves represent a measly 1.5%,” he said.” – British billionaire Crispin Odey
British Billionaire Crispin Odey Places 86% Bet On Gold
Comment: Odey provides a chart of his holdings which I think is a pretty gutsy and transparent move. As I view it, it is all in paper gold. ?? Perhaps he soon will awaken to the idea of holding some ounces.
Schwab? See, it ain’t just Bitcoin Exchanges that get Hacked!
The difference is the fiduciary responsibility that a dollar-based exchange has. Bitcoin has none. IE: Sometimes… you can get your money back from a stock brokerage…. sometimes.
Bitcoin not so much.
@ Mr.Copper @ 9:55 on August 16, 2016
Schwab is available to me, can access site and log in/out.
Hope you find a fix.
@Larry Edelson FYI ‘Gains in gold miners worked like a leveraged bet on gold’
Larry, You will learn more by listening, rather than talking.
Part:
“You also have to account for a tremendous slump in gold prices over the past several years and whenever an asset class is hated that much, the comeback is usually epic.”
All of the 10 best-performing unlevered ETFs in the quarter that ended Thursday were exchange-traded products backed by gold and silver miners, according to XTF.com.
Investors piled into gold and silver so resolutely that ETFs tracking miners and materials companies rallied between 40% and 70% in the first three months of 2016.
“The gains in Market Vector Gold Miners ETF GDX GDX, +0.36% worked almost like a leveraged bet on gold, because those companies had been beaten up so badly, that a rise from a lower base meant much greater returns,” said Eric Balchunas, an ETF analyst at Bloomberg.
GDX has risen nearly 46% since the start of the year, while gold futures US:GCM6 gained 16.5% in the quarter.
Re Khizr Khan Challenges Trump to Pass Citizenship Test
The Dems had to pay actors to fill up seats at their convention and now we learn they
paid Khan?? Khan was paid $25,000 by the Clinton campaign to speak at the DNC. The speech was not written by Mr. Khan, but by two campaign staffers.
The copy of the US Constitution that Mr. Khan held up was bought only two HOURS before his speech by a female staffer, to be used solely as a prop and Khan returned the book after speaking.
Gold Star families turned down the opportunity to speak before Khan was contacted by the Clinton campaign. All five families were paid $5,000 and signed a non disclosure.
Khan’s immigration law firm is in debt $1.7M and owes back taxes of upward $850,000 plus penalties. CNN paid Khan over $100,000 to tell his “story” and repeated interviews across networks.
Khan was given a bonus of $175k by the DNC for his effort in the media. The IRS has since put Khan’s tax file on a “hold” status. Is this guy going to claim this on his taxes?? And doesn’t this disgrace the memory of his son?? Talk about soulless…
These Shorts have bottomed and are turning up (SHORTS)
EWV JAPAN
FAZ FINANCIALS
REW TECH
SDOW DOW
SPXF S&P
SQQQ NASDQ
SRTY RUSSELL
TTT TREAS
TZA SM CAP
looks like the Slide has Started ! TYPICAL AUGUST TOP its wide spread probably down into SEPT OCT
MY BEST GUESS



