Repulsicans have just gained control of the US Senate.
To everyone who voted I thank you all regardless of which candidates you voted for.
Repulsicans have just gained control of the US Senate.
To everyone who voted I thank you all regardless of which candidates you voted for.
green span says buy gold .. he knew the down was coming in gold .. he just got more to loose some secure savings into his gold shift (shit) which is good but the timing sucks
advantage for republicans in the senate ,, should be good for a big shove down in the gold.. any thing is a big down for gold .. a burp.. lol do not burp..
I propose a three-way with frosty, goldie and ment. In fact, I’m copy writing a martini…
1 part goldie Galiano
1 part Creme de ment
1 part Goldschlager
Shake over frosty ice, filter out the gold from the schlager, pour 31.1 of em.
winedoc gets first critique
Ok …an old term..the election to night.NOW . vision ..the bought media providing show time..with burdening advertising..the game provided ..
I am certain..gold investors do not wish or comment the truth to the above. I once knew or heard a man here who mentioned the term “keel hauling in reference to the WW2..I shared a comment , we absolutely knew every road and railway line after 1943..hence the complete illusion ..we did not see the future of 1945.. Now that is complex..to the ..story.
The above is shared in simple terms to those checker players..unbelievable, the old insight of the Spanish flu, unbelievable, again the first global war death. Never shared to the sheep in real terms , unbelievable.
Point…we all live in an illusion of unbelievable…facts…wtc7..unbelievable..and on and on.
To question the term manipulation is at best a complete failure to any term ….enough, I am certain again i have exceed my privileges here…
I would suggest the term ..NWO..such a simple term..such a complex reality….
Elections are a joke. People hoping Republicrats win the Senate will be fooled once again and nothing changes. I watch the bullshit, as connected Republicrats will take control of the Senate, specifically Mitch McConnell from Kentucky, set to be the next Senate Majority leader, who was the former Senate Majority leader, standing with his wife Elaine Chao, who is highly connected and whose family shipping company was connected to the import of Cocaine to this country.
IT IS ALL AN EFFING JOKE. These people don’t give a shit about anything but lining their own pockets and enriching the banks and enriching their corporate sponsors in this kleptocratic corporatocracy .
In the meantime, pm’s will be manipulated down, stock markets manipulated up. Nothing changes.
Again a vision shared here. We ALL knew what happen? Not in a life time of truth did we all know. They know have known and continue to know why . Hence the reality of the day..today. Windoc, a good man, questioned what will tonight’s election results convey..my opinion, again expressed nothing. Why?
Each and every reader here knows why…. we have known for years ..the why of the knows why???. It was there ..is there for those to see. Unfortunately, we all walk ..in their given illusion. Resulting into open borders, endless wars, elections where even a fool would never know what was the truth of the results.
Just a matter of insight..even a fool would not believe ….you can create prosperity ..creating debt in a limited GLOBAL earth. Now I have exceeded ..the checker players vision of next week’s game play ? But in truth ..you know and I know…
we are long past trust and understanding…
We know what happened on Thursday and await Monday afternoon to learn of Friday’s open interest action. On Thursday the open interest in COMEX silver ROSE 3,164 contracts, this represents 15.8 million ounces. The all-important December contract rose by 4,588 contracts or roughly 23 million ounces! 23 million ounces is the equivalent to 12 days of global silver production. Let me explain this a little further, total volume for the day was 466 million ounces, open interest for Dec. with just one month left before first notice day for delivery stands at 616 million ounces. The entire world (excluding China because they do not sell their production) only produces 700 million ounces of silver per year, yet the COMEX in one day trades two thirds of all production on the planet and has contracts outstanding with only 1 month left for nearly 90% of all global production.
So the open interest rose by 15 million ounces in just one day, what does this mean? Did someone have an extra 15 million ounces that they just “HAD” to sell at four year low prices? Did someone suddenly come in to an extra 23 million ounces that they would like to deliver in December? No, of course not, what happened is “contracts” that did not exist on Wednesday morning were “opened” and the trade initiated by sellers. Do they have to actually have the silver? No, anyone who has the money to put up as margin can sell as many contracts as they wish. No product necessary, just cash as collateral for margin and in the case of the December contract, they can sell an additional 12 days of global supply. Please understand that when silver, real silver enters the physical market place …it is used. It is used in jewelry, it is used in industrial processes like high tech gadgets, solar panels and the like, and it is even used for many medical purposes also. Oh, and let’s not forget “coins” and bars, the U.S. mint alone will use maybe 8% of global production for Silver Eagles and the Royal Canadian mint about the same …so right here we are talking about 15%+ of total global production being spoken for!
My point is this, if real silver was being sold by panicked investors we would see a glut of product. Silver would be sloshing around everywhere and falling off of trees like autumn leaves, it’s not. Again the silver market has gotten tight and there are “wait” times for delivery. This is not explainable in any way possible if the price of silver (and gold) were truly “made” or set by a free market, they are not. I was always taught that if you sold something you did not have and could not obtain to settle the deal, it was fraud. In my opinion this is exactly what you are seeing in silver. More silver is “promised” than actually exists. If you look at the COMEX and their own numbers, they claim to have 1/10th the amount of registered and deliverable silver than is promised just one month out! I believe we are now at a critical price point where if the paper shorts push any further, they will unleash a tsunami of demand which actually breaks the casino and shows whether it is real or fraudulent.
Don Quixote is easily one of the most entertaining books of the Renaissance, if not all-time. And almost everyone’s heard of it, even if they haven’t read it. mattres
You know the basic plot line- Alonso Quixano becomes fixated with the idea of chivalry and sets out to single-handedly resurrect knighthood.
His wanderings take him far across the land where he gets involved in comic adventures that are terribly inconvenient for the other characters.
He famously assaults a group of windmills, believing that they are cruel giants. He attacks a group of clergy, believing that they are holding an innocent woman captive.
All of this is based on Don Quixote’s completely delusional view of the world. And everyone else pays the price for it.
Miguel de Cervantes’ novel is brilliantly entertaining. But the modern-day monetary equivalent is not so much.
Central bankers today have an equally delusional view of the world. Just three months ago, Mario Draghi (President of the European Central Bank) embarked on his own Quixotic folly by taking certain interest rates into NEGATIVE territory.
Draghi convinced himself that he was saving Europe from disaster. And like Don Quixote, everyone else has had to pay the price for his delusions.
On November 1st, the first European bank has passed along these negative interest rates to its retail customers.
So if you maintain a balance of more than 500,000 euros at Deutsche Skatbank of Germany, you now have the privilege of paying 0.25% per year… to the bank.
We’ve already seen this at the institutional level: commercial banks in Europe are paying the ECB negative interest on certain balances.
And large investors are paying European governments negative interest on certain bonds.
Now we’re seeing this effect bleed over into retail banking.
It’s starting with higher net worth individuals (the average guy doesn’t have half a million euros laying around in the bank). But the trend here is pretty clear– financial repression is coming soon to a bank near you.
It almost seems like an episode from the Twilight Zone… or some bizarre parallel universe. That’s the investment environment we’re in now.
Bottom line: if you’re responsible with your money and set some aside for the future, you will be penalized. If you blow your savings and go into debt, you will be rewarded.
If we ask the question “cui bono”, the answer is pretty obvious: heavily indebted governments benefit substantially from zero (or negative) rates.
Case in point: the British government just announced that they would pay down some of their debt that they racked up nine decades ago.
In 1927, then Chancellor of the Exchequer Winston Churchill issued a series of bonds to consolidate and refinance much of the debt that Britain had racked up from World War I and before.
This debt is still outstanding to this day. And the British government is just starting to pay it down– about $350 million worth.
Think about it– $350 million was a lot of money in 1927. Thanks to decades of inflation, it’s practically a rounding error on government balance sheets today.
This is why they’re all so desperate to create inflation… and why they’ll stop at nothing to make it happen. (It remains to be seen whether they’ll be successful, but they are willing to go down swinging…)
What’s even more extraordinary is how they’re trying to convince everyone why inflation is necessary… and why negative rates are a good thing.
On the ECB’s own website, they say that negative interest rates will “benefit savers in the end because they support growth and thus create a climate in which interest rates can gradually return to higher levels.”
I’m not sure a more intellectually dishonest statement could be made; they’re essentially telling people that the path to prosperity is paved in debt and consumption, as opposed to savings and production.
These people either have no idea how economies grow and prosper, they’re outright liars, or they’re completely delusional.
I’m betting on the latter. Either way, this assault on windmills has only just begun.
As Don Quixote himself said, “Thou hast seen nothing yet.”
A person shared…” Rambus all star chartist nailed it. Home run. At least posters claimed it for years, well Goldrunner too. Not sure about the validity as usual. Goldi would tell you Armstrong.
What did they nail? There is a pathway of unknown ..unknowns..to the sheep. There is a vision that the market is manipulated and fundamental logical truth and thinking no longer applies. It is influenced daily but few understand the big pathway how. Hence where we the collective of thinkers challenge the menu of “provided truth” . Years ago, many posting here debated the “historical facts of 9/11″ . This continued ….and was lost…new venues of illusions were provided and debated and lsot. I , for one never forgot the old lost facts. This evening there are those who may wish the system”: is about to change: the new elections . No..Not one stood to truth of sharing the real truth. What is the Fed..but I digress into an endless list of what is the meaning of harm we have created in endless list oil producing nations? Folks we have killed millions of real people ..in the name of our vision. I know you are all knowledgeable about the “middle east borders created after the first world war..and that story would require me to write all evening.
the above comments are provided by an older frostbite . In a simple summary, the grand illusion, they continue to march you all to their goal.
In reflection i wish you all well..life is a pathway of ….controlled illusions. I believed once upon a time a story of fundamental rights to all walkers..It was a wonderful story..But frankly, there are the limits to any given illusion….It was the worst of times, yet it somehow got worse. My point, it is what it is until a real factor ..stands and deliveries..the future ..keep your face to the sun and wind on your back..until that time
oil is crashing-deflation is spreading….as I read in every single article and hear endlessly on TV….then why the heck is dec gold at 1170 and not right there down and dirty with the HUI at the 2008 low when gold was 581? Or $700? Or $800….whaddya think of them apples!
I have sent an email to those on your email list about your email being down currently. Hope you get it back working properly in short order!
Is this the point in the campaign where I throw up the white flag? I don’t think so. I bought more JNUG and GDXJ on Friday at great prices and while I am going to need a pretty strong rebound to call this trade a home-run, I think we will have seen the lows by Wednesday or Thursday. What about the triple-bottom at $1,180? In the immortal words of ol’ Jimmy Fanning “In gold, you take technical analysis and you throw it in the wastecan; you buy “breakdowns” and you sell “breakouts” because this is a RIGGED market and the big boys circle like vultures at every major chart point.” My thought is that the Junior Mining sector is generationally “cheap” right now so VALUE outweighs TECHNICALS (as I reach for my four-leaf clover, rabbit’s foot, and medicine chest….)
So I figure that since two million gold “experts” were calling for the “Gilded Armageddon” over the weekend, gold will probably reclaim $1,200 within a few weeks totally befuddling those experts and rewarding the idiots like me that think an RSI under 30 and the MACD and Histograms at historic extremes just might be better near-term indicators than some pre-defined “number”. Make no mistake – these are the most baffling markets I have ever attempted to navigate. In fact, it is easier running the rapids at Devil’s Gorge than trying to determine which algo-bot is going to dominate the day’s price action. I have heard from Senior Traders that have decided to “shut it down” until New Year’s having beaten their benchmark and content to glide into year-end a few points above their benches. It would seem that central banks intervention is taking its toll…
BUY THE “BREAKDOWN”….(and pray.)
It’s an aol problem-i use apple–i send mail-it seems to go thru and it is not returned–so i dunno where it goes…i receive mail too. TIA
gold higher. the world wide feeling is deflation rules…….. the economy of the USA trumps debt. put your dough in anything but gold….. the fiat master sing ..
another 7 or 8 months (PHI 2015.76578598) LOL to see gold turn in up direction .. just saying
One of the biggest voter frauds may be the idea promoted by Attorney General Eric Holder and others that there is no voter fraud, that laws requiring voters to have a photo identification are just attempts to suppress black voting.
Reporter John Fund has written three books on voter fraud and a recent survey by Old Dominion University indicates that there are more than a million registered voters who are not citizens, and who therefore are not legally entitled to vote.
The most devastating account of voter fraud may be in the book “Injustice” by J. Christian Adams. He was a Justice Department attorney, who detailed with inside knowledge the voter frauds known to the Justice Department, and ignored by Attorney General Holder and Company.
One of these frauds involved sending out absentee ballots to people who had never asked for them. Then a political operator would show up — uninvited — the day the ballots arrived and “help” the voter to fill them out. Sometimes the intruders simply took the ballots, filled them out and forged the signatures of the voters.
These were illegal votes for Democrats, which may well be why Eric Holder sees no evil, hears no evil and speaks no evil.
As for race-based “voter suppression,” amid all the political hysteria, how many hard facts have you heard? Probably none that supports that claim. Widely available free photo identification cards mean that poverty is no barrier to voting.
Since blacks and whites both have to show photo I.D. for everything from cashing checks to getting on a plane, why has requiring a photo I.D. for voting caused such shrill outcries?
Unfortunately, this is part of the cynical politics of promoting as much racial polarization and paranoia as possible, in hopes of getting more black voters to turn out to vote for the Democrats.
Nothing is too gross when promoting racial hysteria in an election year. Veteran Democrat Congressman Charlie Rangel from Harlem declared that Republicans “don’t disagree — they hate!” According to Rangel, “Some of them believe that slavery isn’t over and that they won the Civil War!”
Republicans did win the Civil War. That’s why there is no more slavery. It was a Republican president who issued the Emancipation Proclamation. It was a Republican-controlled Congress that voted for the 13th Amendment, outlawing slavery.
In the 1960s, a higher percentage of Republicans than Democrats voted for the landmark Civil Rights Act of 1964 and the Voting Rights Act of 1965. If we are going to talk about history, let’s at least get the facts right.
Only an utter ignorance of history, in this era of dumbed-down education, could allow demagogues like Rangel to get away with the absurdities that abound in election year politics.
Images of lynching and Jim Crow laws that made blacks sit in the back of buses are used against Republicans, even though the “solid South” was solidly controlled by Democrats during that era.
Bull Connor, who turned police dogs and fire hoses on civil rights demonstrators, was a Democrat. So were other Southern segregationists. In those days, you could go hundreds of miles through the Jim Crow South without seeing a single Republican official. That is why political observers called it “the solid South.”
Perhaps the biggest voter fraud of all is the fraud against black voters, by telling them bogey man stories, in order to try to get them to come out on election day to vote for Democrats.
The most cynical of these bogey man ploys is Attorney General Holder’s threats of legal action against schools that discipline a “disproportionate” number of black boys. Unless you believe that black boys cannot possibly be misbehaving more often than Asian American girls, what does this political numbers game accomplish?
It creates another racial grievance, allowing Democrats like Holder to pose as rescuers of blacks from racist dangers. The real danger is allowing disruptive students in ghetto schools to destroy the education of other black students — in a world where education is the only hope that most ghetto youngsters have for a better life.
Sacrificing these young people’s futures, in hopes of gaining some additional black votes today, is as cynical and fraudulent as it gets.
I have received no emails from you today! Nor, late yesterday or last night!
Gold futs are sold out for now and probably PM stocks too–that guarantees neither a bottom nor a bounce–
Seville said that gold went into a “crash mode” last Wednesday-he said the crash mode can last-approximately–5 to 6 days–and could end tuesday [today] or wednesday….well, today PM stocks kinda crashed but gold didn’t confirm….let’s see if a bounce can be generated…
when i sent them–they were not returned to me but i can not find them in my sent file–TIA
no question the chart bears did nail all the way down along with Armstrong .goes to show charts work in large bear markets in gold lol and also who has the best record the chart guys who say we are going lower of the gold gurus who have called bottoms all the way down …and have been wrong
Rambus all star chartist nailed it. Home run. At least posters claimed it for years, well Goldrunner too. Not sure about the validity as usual. Goldi would tell you Armstrong.