There ain’t no free lunch unless you’re a “refugee”.

Your address for Wanka is right.
http://www.florida-fictitious-names.com/ficld_view.php?editid1=G16000055363

Jim Rogers says the ‘biggest crisis in his life’ is less than a year away

Jim Rogers says,”it would be bizarre if we didn’t have a problem.”

Jim Rogers believes that we are in for a colossal crisis pretty soon. (Image: Reuters)

Jim Rogers, the renowned co-founder of Quantum Fund believes that there’s an impending crisis, and it’s much sooner than you think. “We could see the worst crash in my entire life pretty soon,” said Jim Rogers in a recent conversation with Kitco news. Jim Rogers founded the Quantum Fund alongside George Soros, who is regarded as one of the most successful investors of all time. From 1970 to 1980, their portfolio returned 4200% while the S&P had posted paltry returns of about 47%.

Jim Rogers said, “We’ve had economic problems in the US, in North America, every four years since the beginning of the republic, to say that we’re going to have a problem is not unusual.” Going a step further, the veteran said that it would be ‘bizarre’ if we didn’t have a problem. Rogers observed that the 2008 financial crisis was caused due to a rise in debt, and since then the debt has gone through the roof. In fact, Alberto Gallo of Algebris Investments, in a recent blog, noted that global debt levels have almost quadrupled, rising 276% in the last decade to $217 trillion. Talking about the timeline, Jim Rogers predicts that the impending crisis could be as early as next year.

Also read: Chuck Prince’s music still playing but why does Alberto Gallo want to leave the party?

Jim Rogers, sometimes referred to as ‘Commodities Guru’, believes that gold prices are likely to skyrocket, in view of the impending meltdown. He observed that people have always turned to gold in the face of crisis and this time around it’s not going to be any different. In the same conversation he said, “Gold is going to be explosive in the next few years.” His belief in gold as a safe haven investment is shared by another renowned investor Marc Faber, who’s buying gold, to protect himself from the overheated equity markets in the United States.Besides the crash, Jimmy, what else is new?

seriously…I’ll stand pat with my 2 current trades…they are not high confidence and like all of us I have been conditioned to expect gold to suddenly give up its gains…

You should be going tits long in silver and tits short in NFLX and maybe NVDA and SNAP too.

Problem is the masters, who love to see you take the bait.

Which bait will you take?

Silver has dual usages which makes it more attractive than gold. Other industrial metals have been rising sharply in recent times, including iron ore and copper. Today saw aluminium prices trade above $2,000 a tonne for first time in nearly three years. As well as reduced concerns about excessive supply, demand appears to be on the rise again for industrial metals from China.

Taking everything into account, silver may be about to stage a meaningful rally as it potentially joins other base metals in finding significant support. A weaker US inflation report on Friday could help accelerate the potential rally. If silver has any chance of going higher, it will need to clear resistance around $16.45/50 area first then break market structure of lower lows and lower highs next. The last high was around $16.80-16.95 area. Therefore If and when we move above here, then the path for a much bigger rally may potentially clear.

Five Reasons Why You Should Buy Silver Now

The much awaited Silver Party seems about to begin, Are You Ready?

Don’t know why he would want to attack this peaceful little place.  https://simple.wikipedia.org/wiki/Guam

Besides having an Air and Navy base there. The other draw is that the Japanese tourists like to visit.

http://www.nasdaq.com/symbol/snap/after-hoursood

NVIDIA down 16.80–good deal!!  The boys on CNBCs’ Fast Money saying this is more than a one or 2 day correction.

McEwen grows gold production 50% with Timmins buy

Deep six that address.

Nem beat and jumped big time…seems earnings are the only thing driving PM stox here…so all are seriously cheap as none are trading a bull mkt in metal….yet.

R640 – looks like you’re getting your wish on the SM deteriorating in the last hour – what I wanted to see as well, along with the metals strengthening of course. Funny that the USD has lost its bid as the day has gone on. Shouldn’t that be a flight to safety?

Capt. Hook – yeah I think we’re on the same page as well. Theatre of the absurd, likely to cover up the real story on how they are probably screwing us in one form or another.

Gotta give it to Jeff Gundlach, he called it again with his long VIX, long gold scenario.

nearing its earlier morning high…I wanna see the DOW swoon this last hour–2 floor traders-as I write–on FOX BI, are breathlessly talking about buying amazon and other FANG stocks–and if stocks fall more they will be buying more…that’s been the thing to do so far…so far the correction in stocks has been a joke…meaningless for a DOW at 21,908…PAAS up 11.34%–any news?

From my bottomless file comes this:

j murphy
c/o conch coin
po box 5904
key west fl. 33045

You maybe right. I was looking at silver futures. Gold does not look as good (could be an a b c correction completing soon). What’s more, my view corresponds to a likely worsening COT situation that may need to be worked through now. This is why I like passive stacking, because such talk is moot. If it goes down — buy more.

Buygold — I hear you. I think we are on the same page. But at the same time I think it’s all Kabuki. China does not want to rock the boat until its handlers give it the OK. Who knows — that could be soon if stocks and bonds do top out this fall.

Cheers

What are the central banks up to? Why would they do that?

http://schrts.co/XgByqT

Tend to agree that this is all theatre, maybe just an excuse to let some air out of the SM. While I agree there’s not likely to be a war, it doesn’t appear there will be resolution either.

The China vs. India situation might actually breakout first.

Regardless, the shares aren’t really buying the rally so I don’t think we get past $1300 unless some shit really does hit the fan. Doubtful.

Re E wave…..what I see …both Au and Ag have done 5 up from July 17 lows and then 3 dn recently …this jump up shud be a mini 3rd and strong action cnfms.

That means the move from Jan ’16 to July ’17, was 1st and 2nd of 1st of Cycle 3rd…now we are in 3rd of 3rd of 1st of Cycle 3rd and action cnfms…so far.

In short doubt we see too large a correction for a while yet.

Cheers

Great idea.

That said, be careful about buying here (especially the shares), because this recent bout of buying is the result of more North Korea Kabuki, where Kim is a CIA construct armed (nuclear) by the Clintons in the 90’s (for which they were well paid). Because this latest round of escalating Kabuki (to get speculators to buy more equity puts and justify their existence) should be over soon – again meaning be careful. (i.e. because there’s no way Trump or Kim will let nukes fly.) 

That said, if I’m not seeing things, silver just put in a bullish five-wave impulse (as a result of this latest rally) within the context of the extremely bullish monthly close last month, meaning once we have an a – b – c correction some time over the next month or so, it could (should?) be off to the races as we move into next year. 

Cheers

Stop for P. butter, pickles, milk, marg. listerine.  Pick up Ag rounds

http://www.kitcosilver.com/charts/24hoursspot.html

evidence–as I write I see they are trying to turn stocks and PMs–actually a rally now in stocks could turn out to be quite bearish if it fails and we get a good sell off the last hour or so…I am giving my JNUG every benefit of the doubt and lowered my stop to break even.

The PM shares are too thin to knock down, so u can buy, look at Nem the other day, or PAAS tdy…that’s what happens when u get serious buying. The shorts are dead meat here if they try to cover, they may as well get the short sword out, it would be less messy !!!

Their only hope is the scum, who are very much around sitting on the likes of Nem and GG, which stops the Hui getting any traction/headlines.

same ole action but I think it’s not gonna work–are they shaking the tree so tha they can get long at a discount or is this just capping? My stop is set-I watch and wait–looks like stocks may not come back today–I think there’s a chance for a mini-black Monday as the traders in the Hamptons fret and pow-wow over the weekend.

I remember Ghaddafi’s nose getting bloodied very well … and after that he reined in all his terrorist support.

No one knows how NK would respond to a limited strike. Seoul or parts of the USA could get nuked. I’m hoping some insider takes him out, although as Maddog was saying yesterday this would be difficult task.

Cheers