Almost 55 years ago( with a Romney no less), so presiscent. Flash forward 2 centuries…if we should be so lucky…
Ha! 21:39 wanka…BG the Desert Rat is probably gettin the Willie’s over that flag…
He the first (of the post WWII) generation that kicked the sand out of the last three…
Bush/Clintoon/Bush/Obama set you free…
Whoops forgot the 2016 version of Clintoon/Bush
When ya’ll learn down there?
commish @ 20:32 The Twilight Zone – Obsolete
I can’t remember when I’ve enjoyed an episode more. And you are right. It sure fits where we are today. Thanks for sharing it. Silverngold
Louise Yamada On The War In The Gold & Silver Markets
on king world news google the site
she is a roaring bear .. may influence ..
article pinned sept 4th
Russell 2000 futures index
The Russell has a complex h&s top on the weekly and has fallen to the neckline. One more hard down day and a major sell off may start. The double head in the top also is part of a reverse point wave.
i don’t know if gold stocks will sell off with the general market. The bonds also seem to be running out of momentum to the upside.
commish 20:32, I like it revile…nt. You read that Orwell dictionary too?
commishinisms, gata a special ring to it..like Eagle Eye
Yeah wanka when I was conservative with BG 9/13…
I was a perfect score too.
two views
“Stealth Gold Stock Rally”
“… improbably enough, there is a stealth uptrend going on in certain royalties, miners, developers and explorers. Believe me, if you could hear me talk instead of write you would not hear anything resembling desperation in my tone. That is because I have worked hard during this bear market to manage risk, stay strong and out of the bear’s way. So I am not talking any sort of a book here other than my biggest picture view (an economic contraction environment that ultimately benefits the counter cyclical gold sector), which could still be out on the horizon.”~Gary Tanashian
more with lots of examples: http://biiwii.com/wordpress/2014/10/01/stealth-gold-stock-rally/
and then there’s this:
BG, any black helos above you? They are a comming for you as you qualify on at least 9 of the top 13
Below is a list of 72 types of Americans that are considered to be “extremists” and “potential terrorists” in official U.S. government documents. To see the original source document for each point, just click on the link. As you can see, this list covers most of the country…
1. Those that talk about “individual liberties”
2. Those that advocate for states’ rights
3. Those that want “to make the world a better place”
4. “The colonists who sought to free themselves from British rule”
5. Those that are interested in “defeating the Communists”
8. Anyone that possesses an “intolerance toward other religions”
9. Those that “take action to fight against the exploitation of the environment and/or animals”
10. “Anti-Gay”
11. “Anti-Immigrant”
12. “Anti-Muslim”
http://www.zerohedge.com/news/2014-10-01/no-social-media-list-extremists-and-potential-terrorists
From Murph=but this concept of silver making a big low into the quarter end (and gold diverging by not doing so) appeals to me – and especially as a contrarian.
The two previous lows on Gold – circa $1,178 – $1,179 both took place at the end of quarters………………………..June28th, 2013 and December 31, 2013. Yesterday was a quarter end…………………………don’t things happen in threes?
I saw a lot of folks throwing in the towel – maybe with the silver spike down? There was an Agora writer – who put out a sell on the gold miners he had recommended years ago – after the close today. Just tired of seeing them dropping and ruining his credibility, I guess. There is a letter writer who basically runs juniors in a portfolio who got so convinced of the thought of gold breaking $1,180 that he is now net short through some inverse double or triple gold ETF derivatives – like DUST or something. He sold the last of his holdings yesterday into quarter-end portfolio dressing!
Anyway, as we all know, last night was a very disturbed one for those of us who have not sold. Then I thought of the quarter-end phenomenon and, it was almost like a revelation. Why not all the hedge fund and mutual fund lemmings exiting on Sept 30 to show no mining shares in their portfolios? I think this is worth pondering since we have been saying they are the ones who have grabbed the “short” mantle from the Cartel!
I admit that I had expected something of a rally earlier than now, but this concept of silver making a big low into the quarter end (and gold diverging by not doing so) appeals to me – and especially as a contrarian. My guess is the best bet is likely AGQ calls striking 48-50 for the snap back rally. It really depends a lot on the margin clerks as to what stocks might continue lower but if I were a betting person, which I guess I am, I think THE low on silver yesterday, might just be a good long shot bet! There is a pretty important cycle change date today and tomorrow!
George
Hey look at the US Mint Silver Eagles
they sold 1,150,000 Silver coins in October so far. One day in. nice
http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=bullion
Hussman’s got it nailed–Ya better read this…and he isn’t shuckin and jivin and B.S.-ing and lollygaggin this time-he be skinnin it for REAL ! He signifying!
September 29, 2014
The Ingredients of a Market Crash
John P. Hussman, Ph.D.
All rights reserved and actively enforced.
Reprint Policy
“The information contained in earnings, balance sheets and economic releases is only a fraction of what is known by others. The action of prices and trading volume reveals other important information that traders are willing to back with real money. This is why trend uniformity is so crucial to our Market Climate approach. Historically, when trend uniformity has been positive, stocks have generally ignored overvaluation, no matter how extreme. When the market loses that uniformity, valuations often matter suddenly and with a vengeance. This is a lesson best learned before a crash rather than after one. Valuations, trend uniformity, and yield pressures are now uniformly unfavorable, and the market faces extreme risk in this environment.”
Hussman Investment Research and Insight, October 3, 2000
“One of the best indications of the speculative willingness of investors is the ‘uniformity’ of positive market action across a broad range of internals. Probably the most important aspect of last week’s decline was the decisive negative shift in these measures. Since early October of last year, I have at least generally been able to say in these weekly comments that ‘market action is favorable on the basis of price trends and other market internals.’ Now, it also happens that once the market reaches overvalued, overbought and overbullish conditions, stocks have historically lagged Treasury bills, on average, even when those internals have been positive (a fact which kept us hedged). Still, the favorable market internals did tell us that investors were still willing to speculate, however abruptly that willingness might end. Evidently, it just ended, and the reversal is broad-based.”
Market Internals Go Negative, Hussman Weekly Market Comment, July 30, 2007
“The worst market return/risk profiles we estimate are associated with an early deterioration in market internals following severely overvalued, overbought, overbullish conditions. This is what we observe at present. In contrast, the strongest market return/risk profiles we estimate are associated with a material retreat in valuations coupled with early improvement in market internals. I have every expectation that we will observe this combination over the completion of the present market cycle. So I expect that, perhaps to the surprise of many who don’t understand this approach, we will be quite bullish and aggressively invested as market conditions shift over the completion of the present market cycle. But now is emphatically not that time.”
A Hint of Advance Warning, Hussman Weekly Market Comment, August 4, 2014
The most hostile subset of market conditions we identify couples overvalued, overbought, overbullish extremes with a breakdown in market action: deterioration of breadth, leadership and other market internals, along with a shift toward greater dispersion and weakening price cointegration across individual stocks, sectors and security types (what we sometimes call “trend uniformity”). The outcomes are particularly negative, on average, when that shift is joined by a widening of credit spreads. That’s a shift we observed in October 2000. It’s a shift we observed in July 2007. It’s a shift that we observe today.
Maddog-Yeah…hard to make a silk purse out of this sows ear…the only positive-IMO–was that gold was up at all-and didn’t plunge $25 with the stock mkt
Gold may yet plunge but again, the kitchen sink has been thrown at gold…gold has become just a smelly olde crotte lying in a French bidet, in the eyes of most of the financial community–so who is doing the buying to keep it above 1200 when most PM equities are valued at $400 gold and why are they buying?
Don’t be just another negative naybob.
The crash already happened. It is now priced in already. Buy. buy. buy! Should be a good deal here.
the china pecan connection
And boy, did that Chinese marketing strategy ever work, too! According to the Agricultural Marketing Resource Center, Hong Kong has become the destination for roughly 1 in every 3 pecans that the U.S. grows! 1 in 3! That’s over 100 million pounds of pecans. Considering that the U.S. produces 80% of the entire world’s crop, this means that China, a country that didn’t have a word in its language for “pecan” just 10 years ago, is now eating 1 in every 4 of these delicious nuts produced on planet earth.
R640
Oil got hit again not long after Europe closed, just like ystdy.
and Gold wasn’t even allowed a 1 % rally, as for the stoks….well they’ll be unch to down any minute, as the spreaders and scum crush tdys early rally.
thursday
all is well in the world for the algos… they see sunny sky’s
as stocks climb .. gold silver hit .. rinse and repeat..(I have absolutely no idea what happens )
roll the dice ….it is a crap shoot