Indeed Aquila
Welcome back. Agree with you, if the whole thing is to come crashing down, let’s get on with it.
Aguila
Welcome back. Don’t be a stranger!
Seems to be a little fire burning.
Wow She can Out lie Obama
- Falsely claimed that all her grandparents were immigrants (three of the four were not);
- Falsely claimed that she was named after the first man to summit Mt. Everest (but Everest was not summited until five years after she was born); and
- Falsely claimed that she was the object of sniper fire when landing in Bosnia.
In short, she lies even when she doesn’t have to. In the words of Pulitzer Prize-winning New York Times columnist William Safire, she’s not just a liar but a “congenital” one.
Still lurking here in Alabama
Greetings to all! It’s funny that so many people say “This is it!” I will be relieved if it really is. Let’s get it on with.
In the mean time if you need solar hot water Aguila is the guy to call!
http://www.solar-thermal-systems.com/
We are built up and ready to go.
Peabody Coal Train
This one is for treefrog. You can’t lose! G.Soros is buying up coal companies now that Obama has smashed their value and shuttered a lot of ’em. Maybe that was the plan… to pick ’em up cheap. So follow the Soros money…
http://www.railpictures.net/viewphoto.php?id=326825
The best argument for silver is copper.
The vast majority of silver is produced as a by product of copper and zinc mining. Copper mining will cease if copper goes much lower. I believe the gold silver ratio was distorted by the Chinese demand for copper which has collapsed. When the excess silver available now is gone, the ratio will return.
rno
Samb
Yeah I expected it but am out but wanted to short it but as usual events prevented me in doing so. It hit a Po low but is breaking down, it has been in a down turn but lost critical support early July then the death cross came out it was obvious before but people just look at that and say well it’s happened before and rebounded so probably lost money this time so wondering if they’ll try to buy now. It has room to fall to the low 1500s and would be a major support line from the 09 low. If it breaches that then yikes uptrend support gone and now will be resistance, it could cause panic selling so if people tbink this is bad it could get worse. Just saying, and just watching.
Goldi
You are right and correct. imho….it’s not a surprise. However, there are many fake outs along the way. I have been tracking the DOW for many, many years now and have set indicators that eliminate these fake outs. What I am saying is that this is the real thing, the beginning of a major bear market …the third in the last twenty years. Buckle up.
Samb
It’s not like a surprise, it’s been signaled awhile back and nothing to take the lead to pull it out. Well have to watch to see what’s goikg in pretty soon and be out of equities if anyone in them hasn’t went short last month.
Everybody Should DEVALUE !
and leave interest rates alone ! HOW does everybody DEVALUE ? its real simple
RAISE the OFFICAL PRICE of GOLD ……Do I expect them to do it …not until they have failed at EVERYTHING ELSE first !
Only then will they do the right thing ..when ALL ELSE FAILS ..Thats how GOVERNMENTS ARE !
The FED resorts to “TORTURED REASONING” to raise RATES so they can LOWER THEM and claim credit for doing something …what !
Stupid is as Stupid DOES ! BuBBA GUMP had more common sense than YELL-IN ..
OVER EDUCATED IDIOTS …..if they dont learn the Solution in school it dont exist in their minds …!
WRITE everybody who filed a TAX RETURN ,and those on SOC SEC .a CHECK for $3000 because they will spend it wisely … and watch the economy blossom…..but for GODS SAKE dont give it to the BANKS to distribute ! Helicopter Ben was right ,but his mistake was giving the money to his Bankster Friends to distribute !
mr peabody’s coal train…
the BTU i bought yesterday is up seven cents (4.12%) while everybody else is crying the blues.
Ipso
yeah, came within a point. Too bad the pm shares look like shit.
Really as Winedoc and R640 pointed out, gold should be doing a lot better
IT’S OVER!
The stock market is toast. A year from now, heading into the elections, people will vote for a business leader that they think can best weather the storm. No question that it is over now. Relief rallies will come and go but, this crash has to be viewed in terms of a year, perhaps two. This is the big Kuhana.
Ororeef
I think them wanting to take any of them off the bills is just a attack on the founders which has been going on a lot stronger the past seven years. If they want to put a woman on a bill make a new bill like a 15 dollar bill or something. If they do your right they should find someone in history like that. There were even women in history who took up arms. One actually got a small pension after her husband killed she picked up arms herself.
Buygold
“-500 Dow points” We just might get it!
FWIW…
Just old and confused there..
I can’t seem to keep ‘them’ straight.
I thought “they” had record short gold positions, so,
how are “they” going to dump gold to cover their margin calls?
Go more short?
Back to my gardening…
Happy Hour
Gold can’t catch a bid on a day like today
Sweet
Im sipping on “Angry Orchard” hard cider and watching the close
Cheers Friends
Winedoc
Ipso
I’ll take 500 down and a comeback for the pm shares
Never fear Richard640 is here TO SAVE THE DAY! The Cartel will not succeed in recreating 2008! I have the situation well in hand!
With the $ index down a big 1064 bps and stocks down 350, gold bulls should be worried today—gold is up only $6 and silver is down 22 cents—the Cartel is trying to recreate the conditions of 2008 when gold plunged WITH paper assets—but that strategy will not work this time—which I have said for many years—Thanks to Bill Murphy & GATA everybody and their pet Chihuahuas knows about the suppression….and we can’t underestimate the “Druckenmiller effect”—his position has caught the attention of the “big boys” and they smell cartel blood!
I am staying the course and giving gold every benefit of the doubt…