Goldbugs"There is only a relatively small group of investors who very seriously believe that there is a high level of risk that the (financial) system could break down. You only need a relatively small group to believe this to move the price of gold." In other words, the metal's price behavior reflects the trivial obsessions of a discredited fraction of investment opinion. -Alan Greenspan
Sent Sinclair an e-mail this am, his response about his site:
I probably still have some of those pants – but alas – can not get my big ass in them now. AND, yes, I have been in HELL’s BUNKER and this one at Royal St. Georges on #4 I believe. It has no official name that I can remember but my name for it was @$%^!&*%$#^@#*&^#@@)$#%^!
yes js site is still showing error. says site is offline. ????? wj
As regular readers know, it is not just the fact that gold, silver, copper, platinum, and palladium are traded on the Comex/Nymex; it is in how each are traded that most reasonably explains why all five declined sharply on Tuesday. The pricing in each is determined by the same technical fund/commercial paper trading tango that I harp on continuously in Comex silver and gold. The price of all five metals went sharply lower yesterday as a direct result of the commercials (led by JPMorgan) rigging prices lower in order to induce technical fund selling (so that the commercials could buy). This is the essence of the price control that the commercials possess. I know it seems counterintuitive and difficult for many to grasp, but on the big down days like yesterday, the commercials were not the big sellers, but were the big buyers. In fact, the sole reason for the big price decline was for the purpose of allowing the commercials the opportunity to buy. – Silver analyst Ted Butler: 16 April 2014
or pm’s to rise in any out of control manner.
Their numbers have been dwindling for years, and now only three U.S. companies have the coveted AAA credit rating from Standard & Poor’s.
Automatic Data Processing was the latest U.S. blue chip to lose its pristine AAA rating from S&P, downgraded this week after it spun off its auto-dealers services unit, USAToday noted.
That leaves only Johnson & Johnson, Exxon-Mobil, and Microsoft as companies rated AAA, which is reserved for companies with the unassailable financial strength and discipline.
In 1980, there were more than 60 U.S. companies with AAA ratings. That number declined to six in 2008. Since then, General Electric, Pfizer, and now ADP have fallen out of that esteemed ranking.
will never allow a dollar crash
and vs. the Euro
Used to be that a weak USD helped pm’s but no mas. I suspect we are at the point that the only thing that will help pm’s is a full blown USD crash.
Wells was thrown off Coast to Coast and started his own show Caravan to Midnight. His first episode was with Dr Jim Garrows who claims that Clancy, Breitbart, and Hasting were collaborating on a book exposing O. They were all whacked.
showing a 552 error … fie, fie … be this an error, perchance temporary? Mayhaps you colonials observe similar manifestations?
Monday, 4/21 after the overnight ‘crack of doom’.
Time to go bunker-diving. Me and the Gold Train will be in a nice, deep tunnel.
And the western demise spot was on 911, 2001.
Maybe Clif and the coyote need to re-aquaint with the Road Runner.
Ya gata have a train for that….
Moggy is not the only one looking for an ‘event’ on Apr. 20.
Clif High’s ‘predictive linguistics’ machinery is shut down now while his partner moves with the servers. However, he has looked at some basic ‘emotional values’ from the last data run back in January and has come out with three dates to be aware of.
Mon. Apr.20-21 Two emotional peak/release cycles that day.
Tues. Apr. 29 One very LARGE emotional peak and release that day
Tues. May 6 another emotional peak and release that day.
Clif has no linguistic details to associate with these dates, but his personal opinion, looking at the news, is that something could go ‘hot’ in eastern Europe. He feels this will be the beginning of the collapse of Western Empire, which he feels will happen this year, by December. Clif says that these emotional peaks are the greatest magnitude of all the data he has ever seen… even exceeding the magnitude of the peak of July 2001 that he saw coming for 9/11/01.
I find it interesting when two disparate predictive technologies, Moggy’s astrology and Clif’s emotional linguistics values, target the same date well in advance. If anyone is interested, Clif’s latest prognostication is in his mp3 audio essay E76 found on his webpage here: www.halfpasthuman.com/ it is about 38 minutes of his ramblings.
No wonder he finds heself in Hell’s bunker.
Pretty frightening that Mick was Putin all those moves on in the year that I was born. Yeah wanks, ipso and BG, that does make me a spring chicken…but I got more exwives than allya…
Besides Gold getting hit. Also the anniversity of the sinking the Titanic. Then yesterday the ferry carrying hundreds of students sinks in South Korea.
and that’s this Sunday 4/20. I can’t remember what it was that she mentioned