JJ

People like this became the jumpers during the Great Depression. There is a HUGE difference between SYSTEMIC manipulation that nobody can do or else Communism would not have collapsed, and rigging the game trading against clients.

No matter how many times I have stated the difference, these people hear ONLY what they want to hear and comprehend NOTHING. I have stated countless times that the money center banks keep track of people’s positions and routinely trade against them. For years floor brokers gunned for stops and shared that info with the big players. It was common to talk to the floor brokers and they would say where the stops were laid in above and below. That does NOT amount to the perpetual suppression of a market when there are no profits to be made. I have explained the manipulations are always rallies to get these suckers to buy the highs every single time. Yet, to them, rallies are real and declines are manipulations. Are they really that stupid or naive to believe these stories?

All I can say – keep believing what you want. Keep buying the highs and holding all the way down and complain you would have been right but for this or that. I just hope you wise up and bailout before you lose the house, wife, kids, car, and the dog leaving the only opposite choice to hanging-in your next prospect, which is hanging-up. Of course there is the option of jumping if you are a city dweller.

UBS & Manipulation

I don’t know if this is true or just rumor. However I read that Sinclair got out at the Gold top based upon what I would view as Insider Information. The story is that he met with Volker who informed Jim that he was going to completely smash inflation by raising interest rates as much as needed to accomplish that goal.

ISIS Going Back To The “Gold Standard”

Russia Signs Deal With Iran To Build 8 Nuclear Power Units

Submitted by Tyler Durden on 11/11/2014 08:00 -0500

With this year’s APEC meeting in China having just barely concluded, where the biggest news was not the inability of the US to make any material headway in trans-Pacific trade (who needs trade when you have a printer?) or that China is “willing” to import even more NSA bugs courtesy of Cisco and Qualcomm, but Russia’s second “western” mega gas deal with China, as well as the following photo-op of course…

 

… and with the WSJ reporting that in the now year-old “nuclear”negotiations between the west and Iran, there has been no progress, it was once again Putin’s turn to turn the screws on the lame duck president following a report moments ago that Russia inked a deal to build eight nuclear power units in Iran, as a new partnership agreement, guaranteed by the IAEA.

http://www.zerohedge.com/news/2014-11-11/russia-signs-deal-iran-build-8-nuclear-power-units

yep, same old, drip the pm’s down, drift the SM up

Just never ends.

But his family name is old, and whose interests he serves is unknown

Is a showman……but he does have a lot of his money in Au etc. Yes he got out @ the Top in the ’80’s, was that chance or was it smarts……The mkt was so volatile then, you could be wrong by $100’s in just days.

The bottom line is that no-one should rely on any one else, we all have to make our own decisions.

right on cue. Every minor up move must be stuffed.

At the bottom the list of reasons not to buy is long and the logic of not ot buy is “iron clad”….at a top-in any market–the bullish arguments are irrefutable…yet the wisest and most successful investors all say buy when there is blood in the streets

….the issue of earnings is just a “hook”…gold will rise when it is ready irregardless of earnings….buy the rumor: “gold companies are all going broke”–and sell the news=gold companies at peak earnings…so it is written: so it shall be… that said, I have no idea if gold is at a bottom or when it will be…

yeah who wouldda thunk it?

Someone knew a squeeze was coming first thing this am. They bought 6.5 million shares of GDXJ at the close yesterday. Nice little $8 million profit in less than a half an hour.

Ouch!!
JDST 24.95 Change -4.11 -14.11%

“I f gold went right back up today…reversing yesterdays surprisingly exagerated move, that would fool the majority….”

Yes it would, doesn’t look like that will happen, but whoever shorted GDXJ in the last hour yesterday is set to get punched in the mouth this am. Strong close in the last two minutes and gap up at the open this am.

http://finance.yahoo.com/news/aurico-gold-carlisle-goldfields-form-133000648.html

We have mountains to climb… again.  Enjoy the ride.  The view from onboard the Rio Grande Zephyr heading east thru the mountains of Utah.
http://www.railpictures.net/viewphoto.php?id=495373

I think he’s a racist. Don’t put the best person in there for the job, just place some know nothing lackie. Just make sure they have brown skin and will do dirty work for him.

Obama is trying to rush the confirmation of his new Attorney General through the Senate before the newly elected Republican majority takes over.  But there are plenty of reasons why Senators on both sides of the aisle should have great pause before approving Loretta Lynch.

In recent months, much has been written about the concept of “civil asset forfeiture,” in which police routinely steal billions of dollars worth of private property without even so much as criminal charges.  As it turns out, Loretta Lynch is all for it, and her US attorney’s office has benefited from it to the tune of nearly a BILLION dollars.

from Wall Street Journal:

As a prosecutor Ms. Lynch has also been aggressive in pursuing civil asset forfeiture, which has become a form of policing for profit. She recently announced that her office had collected more than $904 million in criminal and civil actions in fiscal 2013, according to the Brooklyn Daily Eagle. Liberals and conservatives have begun to question forfeiture as an abuse of due process that can punish the innocent.

read the rest

Civil asset forfeiture is one of the greatest threats to private property in modern America, and Lynch is one of the pioneering legal minds in the country advocating it. It is one of the worst practices in police work today, and President Obama wants to make one of the worst offenders the nation’s top cop.

This alone should be enough to completely toss Lynch’s nomination, but that’s not going to stop President Obama from doing his utmost to cram it through.

– See more at: http://poorrichardsnews.com/post/102336560238/obamas-ag-nominee-has-seized-904-million-in-private#sthash.4purQVQP.dpuf

I f gold went right back up today…reversing yesterdays surprisingly exagerated move, that would fool the majority….

Everything is correlating so far on time. We have the metals crashing shaking the tree to get rid of all the perpetual bulls. They just have to be devastated before you can move in the opposite direction. This is just how markets move. The stock market advance has been with historic lows in retail participation. This sets the stage for the skeptics to rush back and buy the highs. The average person buys or sells based only when they see confirmation. This is what leads to buying highs and selling lows. The rally will come when the fresh crowd all start to buy once again. That becomes the question as to how high is high. It is starting look like the 43000 number more so than just the 26000 level. We need more price action to confirm that outcome.

Yes, this is looking to “be VERY VERY VERY bearish for government.” As nuts as our forecast seemed back in 1985 that we would see the long bond at the 150 area, that target has been accomplished and on time.

This is the Bond Bubble we have been warning about all these years with Big Bang coming into focus for 2015.75. The slide from our 1998 World Economic Conference projected the sequence of events necessary to lead us to Big Bang. So far, everything has unfolded precisely as the computer had forecast. All that is left now is the home stretch to Debt Day.

The worst for the Sovereign Debt Crisis seems to be first shaping up in Europe. Here we have new highs but with declining energy. The divergence warns that we are in a MAJOR topping pattern.

Winedoc

that currently trades like the opposite of a ZERO coupon Bond  …neither PAYS Interest !

When the implied rate is Negative Gold goes Down ! and the Dollar is as good as Gold…     Its also AKA as  a Depression…When interest rate goes up the Bond goes down very fast because the implied rate is then Factored into the Bond Price .   As inflation rises Bonds collapse  and Gold rises as fast as the implied interest rate collapses the BOND because neither PAY Interest…Its all in the Bond or Gold Price !

He got bailed out in the last crisis with his Goldman Sachs investment ..

NOW he gets bailed again with his Railroad investment   ..in each case the Democrats took care of him while pretending the opposite …

His BNSF Railroad is currently accounting for 20 % of his profits  and the reason is his monopoly on oil shipping from Bakken .

If it weren’t for Obama refusing to allow keystone pipeline Buffett  income would be 20 % lower and maybe a loss !  Hence Obama os bailing out a Major Political contributor…He paid 26 billion for the RR and has since doubled his money  ..thats 26 billion in profits attribed to NOT getting APPROVAL for the Pipeline   !  26 BILLION  in extra costs to the Bakkin oil suppliers for shipping     ALONE  .American taxpayera are getting screwed this Political contributor  makes 26 billion and Obama gets to screw those Republican oil producers at the same time ! Do you still wonder why NO pipeline ?

BUFFETT is Politically Connected  …Annual revenue rose 57 % and profits doubled to 3.8 BILLION on OIL REVENUE !   NO wonder his Railroad investment made 26 BILLION for HIM…The Liberal NEWS says NOTHING about this BAIL  and corruption as long as they benefit!