Weekend Show – Sat 25 Feb, 2012

Politics and Investments

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In this show Al discusses:



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Featuring:
Al KorelinGary CopeBen WhitingRick AckermanBob MoriartyRoger Wiegand
Doug CaseyBrent CookTom Essaye
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Comments:
  1. On February 25, 2012 at 6:22 am,
    CFS says:

    Re: Segment 4.
    Big Al,
    You know why Europe is so messed up?
    Answer: They’ve got a German as pope,
    and an Italian as head of the banking system.
    God has always had it the other way round before! ;>)

    • On February 25, 2012 at 6:47 am,
      Jerry O^OTB says:

      CFS….GLAD TO SEE YOU ARE STILL HERE…..

    • On February 25, 2012 at 7:44 am,
      Karen says:

      Good morning CFS,
      Great analysis!!

      • On February 25, 2012 at 9:23 am,
        Marc says:

        Thanks, CFS for hangin…..
        All the BEST!
        Marc

    • On February 25, 2012 at 9:29 am,
      Big Al says:

      No wonder Prof CFS, you used to teach at Oxford.

      Brilliant!

      Big Al

      • On February 25, 2012 at 9:30 am,
        Big Al says:

        Marc, Karen,Jerry and CFS,

        If I have to pay Prof CFS, we will not loose him!

        Big Al

    • On February 25, 2012 at 10:20 am,
      John W. Robertson says:

      Good one.

    • On February 25, 2012 at 11:49 am,
      Silverbug Dave says:

      Ben Davies said this in KWN interview a couple of months ago and he is one of the brightest people in the gold space.

      • On February 26, 2012 at 12:25 pm,
        Jerry O^OTB says:

        silverbug dave….you are correct….you will see more and more people come out
        when it gets safe, and the trend has been identified….they can say they knew
        all about it….but, the experts have already been out of the shed for several years
        and all that we will hear for several years will be the” tier 2 experts”….
        I would suggest, that we listen to the” advanced experts”, for they will be
        telling us when to get out…..this will be one of the most important things
        next to know…..WHEN TO GET OUT…..getting in is easy….

        • On August 25, 2012 at 3:17 pm,
          Leudi says:

          It would be so nice to have my very own dropcloth…I made the coleost window treatment ala Nester…hubby wanted his drop cloth back…it looked really nice for a while though…well, it did need some sort of sun diffusion too that wasn’t happening…but it looked amazing

  2. On February 25, 2012 at 7:03 am,
    Bobby says:

    I am with Tom, his retirement account looks exactly like mine.

    • On February 26, 2012 at 12:27 pm,
      Jerry O^OTB says:

      bobby….I knew you were a sharp guy….(really)

  3. On February 25, 2012 at 7:26 am,
    Bobby says:

    moriarty is correct, the government is OUT OF CONTROL.

    • On February 25, 2012 at 4:13 pm,
      Jerry O^OTB says:

      DITTO…BOBBY

  4. On February 25, 2012 at 7:42 am,
    Karen says:

    Hi Al,
    Great segment with Doug Casey. Hope the liberals on this sight can now understand what freedom is and how we are loosing it.
    A word on unemployment numbers, to make the numbers look better, the government does not include the vast amount of lost positions due to bankruptcies and downsizing of businesses.

    • On February 25, 2012 at 8:28 am,
      Superdobbs says:

      “Less Wealthy and Less Free”

      I agree, and this is just what the Democratic Party wants; a nation of dumb downed stooges reporting to the Government for instruction (lol, for some reason “Sandy” suddenly comes to mind)…..

      ….in the meantime, the Left Wing hierarchy will be living it up behind Gated Communities that are guarded by private military contractors…..

      • On February 25, 2012 at 3:23 pm,
        Big Al says:

        I happen to live in a gated community and I am looking to hire military contractors who come with their own tanks.

        By the way, I appreciate Sandy’s comments. Remember we look at all sides of the story here!

        Big Al

        • On February 25, 2012 at 4:53 pm,
          irishtony says:

          AL…………..you don’t need a tank, you just need an irate irish fella like me , & if he is free………JERRY, nobody is going to get past us.,& i agree with you SANDY should stay we need to hear all sides of the argument, to reach an intelligent answer.

          • On February 25, 2012 at 11:02 pm,
            Big Al says:

            Okay Mr. Irish,

            The contract and the check are in the mail!

            Hey man, you are a great contributor to this site. I insist on at least two per day from you!

            Sorry man, when you are a genius you have to pay the price.

            Big Al

        • On February 25, 2012 at 10:25 pm,
          John W. Robertson says:

          Oh yeah…it’s gated alright…by a golf course!

          • On February 25, 2012 at 11:04 pm,
            Big Al says:

            Just got back from a great movie. Safe House. Go and see it and see how much it agrees with the folks on this site.

            I am not kidding,

            Big Al

    • On February 25, 2012 at 9:32 am,
      Big Al says:

      Hi Karen,

      There are many, many stats that are not included. Anyone with a brain bigger than a peanut knows that!

      Big Al

    • On February 25, 2012 at 4:16 pm,
      Jerry O^OTB says:

      GREAT COMMENTS …..KAREN….

  5. On February 25, 2012 at 8:32 am,
    Sandy says:

    Al,

    I came across this list of religious groups who support the Obama health care
    proposal. Of interest was the rather long list of Catholic groups also supporting
    it.

    http://thinkprogress.org/justice/2012/02/21/429184/religious-groups-line-up-to-support-affordable-care-act/

    Sandy

    • On February 25, 2012 at 8:36 am,
      Superdobbs says:

      LOL, she’s baaaaaaaaaaaaaaaaack…….

      ….how long until the Global Warming lies start-up again?

      • On February 25, 2012 at 3:27 pm,
        Big Al says:

        Now now. Remember let’s not be nasty. We are not about that at all here!

        Big Al

    • On February 25, 2012 at 9:27 am,
      Marc says:

      Sandy,
      Your passion for your views is to be commended. However, with all due respect, I believe we would really like to stay with HARD ASSET investing. I hope everyone here agrees somewhat…hey, we all have opinions and the government is struggling ITSELF, much less its citizens…but lets try to keep our focus and proceed forward.
      All the best,
      Marc

      • On February 25, 2012 at 3:29 pm,
        Big Al says:

        Trust me Mr. Aztec,

        People are free to opine on whatever they like.

        Hard asset investing is our focus and I will not change that..

        Big Huskie

    • On February 25, 2012 at 10:02 am,
      Karen says:

      Sandy,
      The internet is a great thing. You can pull up many articles to support just about any opinion. As I said before, the issue is freedom and understanding the constitution is crucial. Might I suggest signing up for Constitution 101 an excellent on line course now offered at Hillsdale College. A lecture series featuring Dr. Larry Arnn. Also an excellent book “The Road to Serfdom” by Friedrich A. Hayek.

      • On February 25, 2012 at 3:30 pm,
        Big Al says:

        HI Karen,

        I read the Hillsdale newsletter regularly. It is great!

        Everyone should read it if for no other reason than to get a balanced opinion.

        Best,

        Big Al

    • On February 25, 2012 at 3:27 pm,
      Big Al says:

      Thanks, Sandy,but I still feel the same way about the Catholic hospitals.

      By the way, I completely agree with Doug Casey about people taking care of people. The little blond lady and I have been doing our best to do just that for a long time now. (Of course I have an ulterior motive – it is tax deductible! Like most capitalists, I am selfish and simply do things that benefit me. That is who it is all about isn’t it?)

      Keep your comments coming this way,

      Big Al

      • On February 25, 2012 at 4:58 pm,
        irishtony says:

        AL……….i admire your honesty, if politicians were that honest, then we would live in an almost perfect world.

        • On February 25, 2012 at 11:07 pm,
          Big Al says:

          Mr. Irish,

          I was being satirical, but then again, you know that.

          I will bet that you are just like me.

          Am I correct,

          Big Al

      • On February 25, 2012 at 10:30 pm,
        John W. Robertson says:

        Nice try at self-effacing. Al, you do things to help simply because you’re a decent guy! If/when tax deductions disappear, would it affect how much you help others? I seriously doubt it.

        • On February 25, 2012 at 11:09 pm,
          Big Al says:

          Okay, okay you definitely caught me!

          I thought I was being pretty obvious.

          Anyone who is not concerned about others is a you know what!

          Big Al

  6. On February 25, 2012 at 8:35 am,
    CFS says:

    Re: Section 5.
    Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal. Has not given it yet, but only by a hair.
    War: I believe you, Big Al are mistaken in believing it will blow over. Why the UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet. When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.

    • On February 25, 2012 at 3:33 pm,
      Big Al says:

      Hi Professor,

      I don’t think that any person really knows what will happen in that crazy part of the world.

      As I am sure you will agree, it’s kind of like talking about abortion. Neither side will give in.

      Sad but true. I simply hope that common sense prevails.

      Big Al

    • On February 25, 2012 at 10:36 pm,
      John W. Robertson says:

      News today from the IAEA talked about Iran already acquiring their own 20% enriched U. Power plants need only 3-5% purity, so that’s quite a high concentration. Bomb-grade needs around 90%. The official line is it’s for nuclear medicine. But why 9,000 centrifuges then? That can make a lot of purified uranium. Unfortunately, once you can get to 20% on your own, you just keep doing the same thing until you hit 90%. They’re making a bomb, folks, no question about it.

      • On February 25, 2012 at 11:14 pm,
        Big Al says:

        Here is my question, John W,

        So they get a bomb. Then what?

        Maybe I am a Pollyanna, but the Israelis will blow them off the face of the Earth. Isn’t that the logical sequence of events? I think it is.

        Here is my opinion. Mossad is the best. Long before Iran gets a bomb, Israel will blow them to kingdom come. This particular organization does not screw around.

        Big Al

        • On February 26, 2012 at 2:46 pm,
          John W. Robertson says:

          Yes, Israel will take action, and as you and Rog say (or as Rick A did in Seg 3 per watching the price of oil as a leading indicator to war), that could happen anytime. Is it what I want? Not really, what a mess it will be. Should the US stay out of it? I hope so, although any action taken by Israel will by extension *be* viewed by many around the world as action by the US, so the blowback may hit “us” regardless.

          Mossad is not worried about subtleties or political correctness or being liked by the rest of the world. Like a computer, they calculate what most be done and act without regard to international opinion. Their belief is, “the world hates us anyways, so why let that international pressure stop us from eliminating Iran’s nuke program? We may as well be hated and get rid of that nuclear program.”

          Buy gold. Attacking Iran will not be like the 2006 Syria strike. It will have more prolonged outcomes and probably at least one “surprise”.

          • On February 26, 2012 at 3:21 pm,
            Dennis Brophy says:

            The Arabs there would stand up and applaud, if Israel bombed Iran. The people there inside Iran might rise up and ass kick their oppressor`s out of power, if given a chance. Life in the region would be alot better for everybody. But again here in this country we would still have Obama to deal with. And Obama wants another war as soon as possible to have another 4 more years in office.

    • On February 26, 2012 at 9:03 am,
      Clay says:

      Iran leaders believe that some of the UN inspectors are Israeli spies. Perhaps this is true perhaps not, but with rhetoric and expressions of distrust between the leaderships in Iran towards those in Israel and US, there is a certain predictability to what Iran will do. What you point out about Iran’s view is true.

      The issues between Iran and US are many where some are rarely reported in the MSM such as the petrodollar. The first casualty of war is the truth and it appears the truth has already been killed many times by all three countries.

      Hypothetically let us entertain an imaginary situation where some all powerful entity took all the leaders of Iran and US and switched them, Iran’ leaders are now in Washington and control US and US leaders are in Tehran and control Iran. They are not allowed to leave but must decide the future of respective countries. How would this play out? Stupid idea and question perhaps, but the probable outcomes are revealing towards the reality of current situation. In other words the nuclear issue is mostly a trump card used to press issues by all parties, where these issues are mostly never discussed. This is how wars get started, where the real issues and truths are often forgotten or ignored and the propaganda and falsehoods take on reality between antagonists.

      • On February 26, 2012 at 2:55 pm,
        John W. Robertson says:

        I’m not sure which is more plausible…that Mossad spies really were part of the inspection team, or that Iran wants to use the old spy excuse to stop inspections…both are pretty likely!

        A question worth thinking about, is why does Iran care so much about Israel anyways?

        The question is not as simple as it sounds. Whether one agrees with the UN’s formation of Israel or not, or sides with nomadic Palestinians or not, (and both groups used to live together for centuries without significant problems, prior to any officially demarcated territory), what does any of it really have to do with Persians a few hundred miles away? You won’t see that question discussed in the MSM.

        • On February 26, 2012 at 3:39 pm,
          Dennis Brophy says:

          During the 2nd world war when the Nazis had control over all regions, the Arab leaders there in the middle-east made a deal with the Nazis, that if the Arabs got the Jews delivered to them, they could have their property and everything they owned. So you see revenge is a factor, as to how Israel looks at the Palestinians today.

  7. On February 25, 2012 at 8:41 am,
    Tex says:

    Do you have any recommendations for energy sector newsletters (that are as good as the Morgan Report on silver!)?

    • On February 25, 2012 at 3:34 pm,
      Big Al says:

      HI Tex,

      Contact Jim Letourneau at The Big Picture Speculator. (Tell him Big Al sent you!)

      Big Al

      • On February 25, 2012 at 4:33 pm,
        Tex says:

        THANKS!

    • On February 26, 2012 at 8:26 am,
      Jerry Mabie says:

      Tex,
      Take a look at the Oil & Gas Bulletin, published by Keith Schaeffer. I’m up 45% since last April.
      http://oilandgas-investments.com/2011/natural-gas/canadas-junior-gas-stocks-the-surprise-performers/

      • On February 3, 2014 at 12:00 pm,
        Ali says:

        I was very pleased to find this wesbite. I wanted to thank you for your time for this wonderful post!! I definitely enjoy reading it and I have you bookmarked to check out new stuff you blog post.

  8. On February 25, 2012 at 9:04 am,
    CFS says:

    Re: Section 5.
    Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
    War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
    Section 7.
    Yet another example of low taxation equals growth.
    How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
    Government is the problem; not the solution.
    We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

    • On February 25, 2012 at 3:35 pm,
      Big Al says:

      Wishful thinking Professor, simply wishful thinking.

      Big Al

  9. On February 25, 2012 at 9:15 am,
    CFS says:

    Re: Section 5.
    Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
    War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
    Section 7.
    Yet another example of low taxation equals growth.
    How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
    Government is the problem; not the solution.
    We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

  10. On February 25, 2012 at 9:20 am,
    benb says:

    An excellent show Mr. Al. kudos.
    You might remember me mentioning that I was in a conversation with a directer of one of the television stations here (global) about having on a banking institutions (atb) executive saying gold was like putting your money on black at a roulette wheel.
    I mentioned having on their show someone that was familiar with the gold market. I recommended to him Jim Rickards. Well, low and behold wasnt Mr. Rickards on cbc
    last week. I thought it was interesting he was on at about 2 am for about 2 minutes
    and the interviewer was very adept at keeping the conversation away from gold.
    Makes me wonder if I had somthing to do with it. Probobly not but I was truly addement that they were messing with peoples pensions and future.
    Anyway, after reading your blog the other day I thought those participating might find a benefit hearing what Bill Schill would say about things. He is the most knowledgable person I have found about banks their history and what they are attempting to do. I heard somwhere that he is running as an independent for presedent. I also thought that Mr. Paul and he might benefit from a conversation, but maybe they already know each other. Just a thought about a guest for your show
    To get an idea about him he has an excellent u tube “the money masters”.
    22 parts 10 minutes each I believe.
    Again an excellent show today, thanks.

    • On February 25, 2012 at 9:44 am,
      Superdobbs says:

      Thanks for the heads-up:

      http://www.youtube.com/watch?v=lXb-LrVkuwM

      Hmmmm, seems like its only Conservatives speaking out on this…..

    • On February 25, 2012 at 3:38 pm,
      Big Al says:

      Many thanks for the kudos and ideas benb.

      I will contact Bill Schill.

      Best,

      big Al

    • On February 25, 2012 at 4:51 pm,
      Karen says:

      Hi benb
      Thanks, it was excellent!!

  11. On February 25, 2012 at 9:33 am,
    CFS says:

    Section 3.
    I have noticed un-explained sifnificant buying of Orko, whenever it drops in price. Some entity appears to be picking up shares.
    Straits of Hormuz: Just how would you physically have the US open the Straits of Hormuz if Iran decided to close them down? Iran has sunburn missiles which fly at mark II and can take out ships within 80 miles of the Straits. All modelling by the US shows even the best case only has a 90% take out of these missiles if ships are attacked.
    Section 4.
    Corsine is a friend of the president. Holder is under total control of the President
    This is scum croneyism at its greatest, and the press is in the President’s pocket.
    Re: Section 5.
    Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
    War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
    Section 7.
    Yet another example of low taxation equals growth.
    How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
    Government is the problem; not the solution.
    We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

    • On February 25, 2012 at 3:47 pm,
      Big Al says:

      I assume that you are correct regarding Corzine. The horses are not back in the barn yet meaning he still may face some serious action.

      Regarding the press, I believe that many are in the category of folks who think with their emotions and are still letting guilt rule them.

      You know a good friend of mine told me that the only reason I did not vote for Mr. Obama was because I was a racist at heart. My response to him was he should tell our daughter, who was born in Korea, that. Another response was I asked him if he had read The Audacity of Hope (which I had) and he said no. I tried to explain that my decision was based on studying both major candidates and I truly felt that John McCain was the better of the two.

      My only regret on my vote in 2008 was that I did not write in Ron Paul. The main reason I did not was I truly felt that McCain needed my vote.

      You folks may hate me for saying this, but had I known more about Mrs. Palin I would have definitely written in Ron Paul. She is a very charismatic person, but Big Al does not think she is ready for prime time.

      Best,

      Big Al

    • On February 3, 2014 at 10:00 am,
      Amir says:

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  12. On February 25, 2012 at 9:41 am,
    Marc says:

    Big Al,
    What’s the difference between the MF Global head “goon” and Al Capone of the 1920’s – Chicago fame……ANSWER: absolutely nothing. Big Al, that guy should be in jail for something…period…!!
    Marc

    • On February 25, 2012 at 10:07 am,
      Marc says:

      Ooops..sorry. Fame? Hardly!…I mean’t infamy!
      Marc

    • On February 25, 2012 at 3:50 pm,
      Big Al says:

      I heard a rumor that he made a major (huge) contribution to the Husky football endowment.

      Not sure if that is true or not, but if it is he is definitely up for sainthood.

      Big Al

      P,S. The real difference is that I bet more money was lost by MF Global investors that all of Capone’s victims.

  13. On February 25, 2012 at 9:45 am,
    CFS says:

    It seems on this particular computer whenever my hand passes close to left click, whatever I am typing posts!! Most strange. Ionly though I was posting two messages. Apologies.

  14. On February 25, 2012 at 9:55 am,
    Sandy says:

    Al,

    I listened to your program (weekend). Thanks for Mr. Casey’s
    explanation of libertarianism. It confirms my prior understanding
    of it and confirms to me that it is not what I want to support.

    Thanks also to all the information people posted on the global
    warming hoax. It also confirms for me without a shadow of a doubt
    that I was right in the first place.

    I’m tired of taking all the verbal abuse on this site. I gave
    it a second chance but I find that the posters here are
    too abusive and too closed minded (except you Al) for
    me to gain anything of further use from more postings.

    Yours truly forever,

    Sandy

    • On February 25, 2012 at 10:19 am,
      Superdobbs says:

      Hi Sandy,

      I’d like to alert you to a company called Volcanic Metals; VOL. It’s a small JR miner with 1 property in the Yukon and only 36.9 Millions shares.

      The coolest thing about the company is the management team:
      Michael Iverson is the CEO and Rock Lefrancois is the Technical Advisor. These two gents are the big guys over at Niogold; they put together a massive JV with Aurizon Mines.

      Steve Kenwood is another geologist on the team. He’s part of Ely Gold. This company has a JV with Solitario Royalty and Exploration. Ely Gold is also wrapping up acquisition of a mine in Quebec.

      I’m in for 50,000 shares at 0.06. Hopefully, I’ll see a double by April, but imagine gold takes off and VOL’s PPS breaks out to 0.30-0.40 cents!

      Now how’s that for thinking big ? Wooooooooooooooooooo!!!!!

      http://www.volcanicmetals.com

      • On February 25, 2012 at 3:53 pm,
        Big Al says:

        HI Superdobbs,

        Mike and Rock are great guys, but I would hardly call Niogold a screaming success at this point.

        Big Al

      • On February 25, 2012 at 4:38 pm,
        Jerry O^OTB says:

        THANKS FOR THE POST SUPERDOBBS…….

        • On February 25, 2012 at 6:13 pm,
          Superdobbs says:

          Cheers, mate!

          • On February 26, 2012 at 5:07 am,
            Jerry O^OTB says:

            superdobbs….do you live in engand….does the dobbs,refer to anything to do with hats
            in you webname? just wondering….always like to know where people are from…gives a
            more personal touch….ya know…

        • On February 3, 2014 at 12:19 am,
          Rowena says:

          Happy birthday Bones.I use my Hebrew date buaecse it usually makes me a few days younger.Check it out.As to most anything the UN does especially concerning Israel, “Dumb and Dumber” would be an over the top compliment for the majority of its members.”Insane and Insaner” woulds also be too complimentary.Are you having a party?

        • On February 3, 2014 at 4:45 pm,
          Sandra says:

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    • On February 25, 2012 at 10:21 am,
      Matt R. says:

      So what do you want? Central economic planning? All of us who listenvto this website understand the dire economic situation we’re in, so I could care less at this point about global warming or birth control. I work with a large number of people with your viewpoint, and you’re no more tolerant than anyone else. Your viewpoints stem from a complete disregard for individual and property rights, along with a lot of excuses for Obama’s incompetence. Later.

      • On February 25, 2012 at 3:56 pm,
        Big Al says:

        Hey Matt,

        I agree with you completely re: global warming and birth control.

        I would hope that the regulars on this site would be tolerant. That certainly does not mean that they have to agree with things they feel are wrong, but there is certainly no need for anger. That only shows insecurity.

        Big Al

        • On February 26, 2012 at 5:18 am,
          Jerry O^OTB says:

          Matt and AL….great posts……
          tolerant…..”TO..LE(T)..RANT.”….
          sorry, could not resist….

          • On February 26, 2012 at 9:05 am,
            Big Al says:

            Morning Mr, In the Box,

            Yep, I find it to be could of sad that anger sometimes enters into some posts.

            You know, people may disagree but what the hell there is nothing wrong with that.

            I didn’t agree with Sandy on a lot of points, but she (I assume a she) was pretty much run off this site. Too bad because opposite opinions have one really big benefit and that is they make intelligent people stop and think and often times even get stronger in their own positions.

            Oh well, nothing I can do about that situation.

            Best,

            Big Al

          • On February 26, 2012 at 2:57 pm,
            John W. Robertson says:

            The truth should always stand up to a good argument.

          • On February 26, 2012 at 3:16 pm,
            Jerry O^OTB says:

            WELL SAID AL..WELL SAID JOHN

    • On February 25, 2012 at 11:28 am,
      Keep Stacking says:

      Hi Sandy,
      Money is a very personal thing. When I work very hard for it, or take risks to make it, and then someone says my tax rate should be 90%. Good bye.

      • On February 25, 2012 at 3:58 pm,
        Big Al says:

        Hell yes, Keep Stacking

        Give 90% back. I too would say good bye. That is simply unreasonable.

        Big Al

    • On February 25, 2012 at 3:54 pm,
      Big Al says:

      Sandy,

      You gonna let one or two people scare you away. Common, you are better than that!

      How do you expect to make a point if you don’t try?

      Big Al

    • On February 26, 2012 at 2:40 pm,
      Jerry Mabie says:

      In your view everyone is “close minded” unless they agree with you. Typical liberal.
      You have my sympathy.

  15. On February 25, 2012 at 11:40 am,
    Karl says:

    Sandy, Are you “tolerant” of those who want less government and to keep more of their money? Probably not. I’ve come up to conclude that the Left is an intellectually and morally bankrupt movement with nothing to offer in terms to real solutions to real problems.

    • On February 25, 2012 at 4:00 pm,
      Big Al says:

      Hi Karl,

      I don’t think that characteristic belongs only to the liberal folks.

      Big government certainly became a characteristic of the recent Bush administration.

      Remember the old rock and roll song, “It’s a Strange World We Live In Master Jack”?

      Best,

      Big Al

      • On February 25, 2012 at 8:24 pm,
        Karl says:

        Big Al, I have to agree with you there. Thanks, Karl.

        • On February 26, 2012 at 4:44 am,
          Bobby says:

          I see little difference between the 2 major political parties inthe US.

  16. On February 25, 2012 at 1:18 pm,
    Keep Stacking says:

    Hi Big Al,
    Since the first of the year, world central banks are in agreement of managing a global QE. Resource sector assets will do well and the stock market. Inflation
    is near. Great show, many thanks.

    qe

    • On February 25, 2012 at 4:01 pm,
      Big Al says:

      Many thanks, Keep.

      Big Al

  17. On February 25, 2012 at 1:21 pm,
    Dennis M. O'Neil says:

    Your Moriarity segment bizarrely picked on a mining stock referred to as Scorpio.
    It was apparent you and your guest were not current with at least one of the companies.
    I have no comment on Nevsun.
    It is apparent that at a minimum your comments blurred “Scorpio Gold” with “Scorpio Mining”.
    Although Scorpio mining owns 15 million shares of Scorpio Gold they are two very different investment concerns.
    You referenced “silver producer”. Moriarity referred to “Nevada project”.
    It is obvious to me each of you were not thinking about the same distinct company.
    At the end you compared ‘Scorpio’ unfavorably to Goldcorp….certainly an apples to oranges comparison for “Scorpio Mining”.
    I believe you owe each company a fair airing of their attributes.
    I have known your presentations to be always fair….please review this segment.
    An up trending million plus ounce…2.8 million ounce AG equivlent producer with highly prospective property deserves a better look with your listeners.
    Bill Matlack gives Scorpio Mining his highest rating for junior silver companies. 1.3 – Although not gospel….his rating is well respected and the “Scorpio Mining”
    rating is best in class higher than multiple of your sponsors who fit said category.
    As a shareholder of Scorpio Mining http://scorpiomining.com/s/Home.asp I think you should ask Parviz Farsangi CEO to be a guest and clear the air.
    He is a well spoken, passionate about his company and who knows a potential sponsor.
    I say this in fairness only as my SMNPF/SPM holding are currently at a place holder level. But fair I am sure you will be with airing at least a clarification.
    Still a fan!
    Cordially,

    Dennis M. O’Neil
    Attorney at Law
    3982 Powell Road #150
    Powell, Ohio 43065
    1(800)395-8787

    • On February 25, 2012 at 1:53 pm,
      Matthew says:

      I agree with your positive view of SPM, but if you saw my comments under the Rye Patch Gold segment on the 22nd, you already know that. I don’t own any shares, but if I did, I’d keep them!

      • On February 25, 2012 at 3:22 pm,
        Dennis M. O'Neil says:

        Matt,
        Note Big Al noted he took a quick look and “not my cup of tea” in the thread you referenced. A commentator of Al’s stature should withhold comments apart from a minimum due diligence. Credibility is sometimes saying “I do not know” or “I need to get back to you on that one”. I have obtained familiarity with these companies for my own benefit. When in addition to providing for your family you add a microphone the bar is necessarily raised.
        Cordially,
        Dennis

        • On February 25, 2012 at 4:09 pm,
          Big Al says:

          Dennis,

          That is a very good point. I guess the bar has been raised.

          Anyway, do give me a call Monday at your convenience.

          Big Al

    • On February 25, 2012 at 4:07 pm,
      Big Al says:

      Happy to do just that. I would ask that you listen to the segment again however.

      I was referring to the silver production aspect of the company and re: the Nevada project Bob was referring to the upside that he felt Scorpio Gold brought to Scorpio Mining.

      My feelings stem from the fact that I have never had much luck with small producers.

      Please also realize that I do not give out any investment advice and I state this fact over and over and over again on the program.

      Happy to discuss this if you would like to call me on Monday at 1-30-392-0493.

      Have a great rest of the weekend,

      Big Al

  18. On February 25, 2012 at 1:21 pm,
    shawn says:

    I am opposed to The XL Keystone Pipeline not because I am a rabid environmentalist but because I think like Bob M, it’s time to take the bottle away from “The Drunken Sailor”. Getting The US off all foreign energy is the only alternative, the solution will follow this change.

    • On February 25, 2012 at 2:42 pm,
      going down fast says:

      Equating Canadian oil with all other foreign sources (Iran, Saudi Arabia, etc.) is a bit much don’t you think? Hostile vs. friendly?

      • On February 25, 2012 at 4:12 pm,
        Big Al says:

        Hi Shawn and going down fast,

        I think that you both made good points.

        Maybe I am nuts, but I kind of look at the U.S. and Canada as being one big family. Like the sign at the Blaine crossing says, “Children of a Common Mother”.

        Big Al

  19. On February 25, 2012 at 2:37 pm,
    CFS says:

    I’m using a different computer so hopefully this won’t multiply post.
    the satellite phone hook-up is dodgy though!

    Talking about croney capitalism:
    Most of the realestate owned mortgage-defaulted houses on the books of Fanny Mae and Freddie Mac will be offered to Hedge Funds for pennies on the dollar.
    (This in direct contrast to how the savings and loan real estate crisis was handled by the resolution trust under Reagan. This time individual buyers will not be offered the chance to buy, rather everything is being steered towards croneys of the President.)
    The totals amount to 800,000 homes. Statement when asked why he was doing it this way, from the White press officer was “The president does not want to depress the housing market” My follow-up would have been: what do you think the hedge funds are going to do? While pocketing needlessly-given profits, don’t you think the hedge funds will market the houses?
    Of course the anarchist in me says: shut-up, the government would simply waste more billions if it tried to market the houses.

    Europe is very worried by apparent Chinese dumping of goods. Clearly the Chinese have an oversupply of many manufactured goods as their internal market has slowed.
    The EU government appears to be too pre-occupied with the euro crisis to react to the dumping.

    English auction houses report extreme quantities of sterling silver, 92.5% silver plates, bowls, silverware, jugs, etc coming to the market.
    To English readers of this post: One of the banks that will probably go belly-up when Greece defaults is Santander, and it will ossibly also bring down its english subsidiary. Make sure any holdings you have in Santander are under the 80,000 GBP insurance limit. (Expect the UK government to take several months to handle any insurance payments)

    Big Al, Sorry for the multiple postings earlier. Please feel free to remove some.

    • On February 25, 2012 at 3:26 pm,
      Jerry O^OTB says:

      SOME OF IT IS WORTH REPEATING

    • On February 25, 2012 at 4:14 pm,
      Big Al says:

      As Jerry says, Professor, some of it is worth repeating.

      Big Al

  20. On February 25, 2012 at 3:49 pm,
    Bobby says:

    This is fun:
    Gold Bubble Mania Hits Southern California!
    http://www.youtube.com/watch?v=xR79r9WmUQM&feature=channel_video_title

    • On February 25, 2012 at 4:22 pm,
      Jerry O^OTB says:

      BOBBY……GREAT ,,MORE THAN GREAT….POST…

    • On February 25, 2012 at 4:29 pm,
      Big Al says:

      I just watched it. GREAT!

      Shows just how misunderstood gold is.

      big Al

      • On February 25, 2012 at 4:41 pm,
        Jerry O^OTB says:

        NO AL, THAT MEANS WE HAVE MORE TIME TO ACCUMULATE….

    • On February 25, 2012 at 5:07 pm,
      Karen says:

      Bobby,
      Thanks for the laugh!

  21. On February 25, 2012 at 4:13 pm,
    Marc says:

    Bobby
    Yeah, I just got that on my e-mail and it cracked me up something big-time!
    Marc

  22. On February 25, 2012 at 5:17 pm,
    irishtony says:

    Perhaps these people, could not afford to buy GOLD. I would say to them, BUY SILVER its cheaper , & i believe its a better play. ……….Just my opinion .

    • On February 25, 2012 at 5:53 pm,
      Bobby says:

      buy both, variety is the spice of life!

    • On February 25, 2012 at 6:46 pm,
      Marc says:

      Agreed! Mr. Irish. But, really, I know the sample pop is low, but it shows just how clueless the average Joe really is. If you said silver to them…they would probably say, Why?…..again.
      Marc

    • On February 25, 2012 at 11:19 pm,
      Big Al says:

      I am with you Mr. Irish.

      By the way, even though you put up three comments today (so far) we still need two more tomorrow!

      Big Al

      • On February 26, 2012 at 5:30 am,
        Jerry O^OTB says:

        ya Irish..it helps with the ratings…plus, I miss your foreign acsent…..

        • On February 26, 2012 at 9:09 am,
          Big Al says:

          You bet, it helps with the ratings if we define ratings as being the amount of learning.

          You know, Mr. In the Box, I really value all of your opinions and truly consider you to be good friends. And, I mean that.

          At some point we should figure out a way to all get together at some central location.

          Best,

          Big Al

          • On February 26, 2012 at 10:20 pm,
            Jerry O^OTB says:

            Well thanks Al,,,I consider you a friend also.
            Getting to meet you ,sounds like a great idea,it would be my pleasure.
            Hope I have that opportunity.
            Respectfully,
            Jerry

  23. On February 25, 2012 at 6:52 pm,
    MattB says:

    English auction houses report extreme quantities of sterling silver, 92.5% silver plates, bowls, silverware, jugs, etc coming to the market.

    That is not surprising considering Britain’s role in destroying the silver standard in both China and India to implement their fiat system to rule the world by.

    Must be a lot of silver tucked away in British vaults after they destroyed both of those countries silver backed economies-the most powerful in the world.

    “The British Government determined to destroy silver as money.”
    Nevada silver Senator Key Pittman,quoted in China Weekly Review,Shanghai,Jan 30,1931

  24. On February 25, 2012 at 8:07 pm,
    ConservativeCanuck says:

    this post is likely too late to gain any views, but I would submit that Mr. Casey is closer to an anarchist or in the least a big L libertarian. If taxes are strictly voluntary I would fear for my family’s financial health if I were a police officer hoping for donations in a non-wealthy area. I personally espouse to Friedman’s small L libertarian views of just enough for the police, the military and the courts…perhaps 10% tax as espoused by Ron Paul via youtube at some point months ago.

    • On February 25, 2012 at 11:21 pm,
      Big Al says:

      Mr. Canuck,

      Never too late.

      By the way, I pretty much agree with you.

      Big Al

  25. On February 25, 2012 at 9:43 pm,
    Clay says:

    Going Galt. Atlas Shrugged………

    How many on this page have considered going galt, or know someone who has. This is something most people don’t even think about or realize until they discover they have already Gone Galt.

    I have Gone Galt for some time now, and there are more people doing the same thing. This is death for an economy and country if the reasons for Going Galt are not stopped. But I see very few people concerned mostly because they have no clue or are ambivalent about the problem.

    To Go Galt means in modern times, that when regulations, taxes, fees, corruption and total failure of a working legal system creates such discouragement to invest in mines, factories, businesses or any productive operation beneficial to society, that such a person won’t do it. Investment falls, jobs decline, productivity decline and overall economic activity becomes depressionary if allowed to continue. This is where the US is heading, just like Greece, Spain, Italy and now showing up in Japan.

    Jim Rogers, Marc Faber and Doug Casey know precisely what this means, but most Americans still don’t get it.

    Suppose you were to ask someone on the street they were forced to choose between getting 100% of nothing or 0% of all, which would they choose? This is the situation the government is putting most Americans in without them realizing it. The point is, the correct answer to this question is to refuse both regardless of force, but most Americans will accept being forced to do something because they want to fit in. I recommend Going Galt.

    • On February 25, 2012 at 11:23 pm,
      Big Al says:

      what an interesting point, Clay!

      Big Al

  26. On February 26, 2012 at 6:48 am,
    shawn says:

    There are times in everyones life that no matter how many times we are told not to do something we go ahead and do it anyway, Why? Because we just have to feel the pain in order to understand the logic. I believe that humanity is at just such a crossroads regarding Nuclear weapons. I just hope it isn’t our last chance at redemption.

    • On February 26, 2012 at 9:13 am,
      Big Al says:

      You make a really interesting point, Shawn.

      Nuclear weapons are truly weapons of mass destruction. That is both a sobering and terrifying fact.

      Humanity has gotten to the point where the major powers all have them as do some of the secondary players. It is the secondary players that I currently worry about.

      I have kind of re-thought my position regarding Iran. Any society that would send suicide bombers out is a society that I simply cannot trust with nuclear weapons.

      That is a bit of a turn-a-round for me. I guess that it shows that I am not “stuck in my ways”.

      Big Al

      • On February 26, 2012 at 2:34 pm,
        Dennis Brophy says:

        Hi Al your re-thought position regarding Iran. Yep there are crazy`s everywhere. Iran has to be it seems and it is a very repressive society. That religion in that country has made the people there be in a state of hopelessness. Many there commit suicide to leave a miserable existence, NOT because for anything but to have some peace from guess who their captors. That state religion tells people to be sad and not to be happy. We should have gone to war many years ago around the time the Shaw was deposed back in 1979 or during eg. during the Reagan-Bush terms at the close of Desert Storm in 1991 when we had had the military there to free people and restore, whereas now it would be to do nothing but get a fat cat more money, do more chaos, still do nothing get more fat cats more money and wreak havoc to our money supply. And to what John W. Robertson said at 10:36 pm Feb. 25, “…News today from the IAEA“- Made me do a websearch on IAEA U; and on IAEA U Pu; and the searches came back with articles in english and Arabic translations with links, so on and so forth. So it seems that people with key words on an eye on the Internet are watching, what we are watching. The FBI, NSA, DOD, CIA, & other agencies, are also watching the same screens too. In years past during WWII there was a saving “loose lips sink ships.“ So it is today as the President has said we are at war…

  27. On February 26, 2012 at 7:30 am,
    Superdobbs says:

    …down here Jerry O^OTB

    Superdobbs is a reference to a character in “The Treasure of the Sierra Madra”; Mr. Fred C. Dobbs – played by Bogie in the film.

    As far as England goes, I did live in London (Hounslow to be exact) for about 1 1/2 years.

    • On February 26, 2012 at 10:31 pm,
      Jerry O^OTB says:

      I remember the film, great show,,,great webname..
      wish we still had some of those actors around, might make
      like a little more enjoyable….,
      “here’s looking at you “….? Casablanca?

  28. On February 26, 2012 at 8:39 am,
    James B Canada says:

    Mr Korelin, I enjoy your website very much and have recommended it to many people.

    But regarding the views on muslims expressed by you and Brent Cook, I do not know where you, Brent and many media types are going with that.

    Even if it is only a minority of muslims that want to kill us, this minority is about 250,000,000 mental defectives and another 250,000,000 who are tacit fans of those 250,000,000 mental defectives.

    Nazi Germans and there fans may have been a minority of the German people, but look at the damage they did.

    Probably, it was a minority of British that were against the independance of the American colonies. Therefore Americans should have tolerated their presence?

    Cook I belive is really super naiive regarding Islam. He knows where his bread is buttered. I fear the European and American and Canadian MBAs who are ready to blame their own countries for attitudes against Islam.
    There have been 18,0000 muslim attacks since 9/11.

    Almost 5 muslim attacks a day!!! Against maninly other muslims and Christians and Buddhists.

    He may be fooling himself and his readers but not the less liberal minded and more knowledgable of us.

    He should read about the attitudes of Thomas Jefferson re: Islam and the UNPROVOKED attacks against American and European ships.

    Turkey a mediator? Just to buy time. Turkey has more Imams than doctors. Turkey has a mosque for every 350 people. It has become very Islamicized. I am very suspicious of their actions.

    Yes the muslims have the gold and silver and a lot of it and
    Cook is not alone. He will be a Democrat or a Libertarian and bash Republicans until a muslim kills someone he used to know. That’s how it is.

    And that is why Islam is winning.

    • On February 26, 2012 at 8:55 am,
      Superdobbs says:

      Great post, James B.

      I always chuckle when someone uses the term “Moderate Muslim”. It’s nothing more than a technical term for “two-faced”; meaning Muslims put on a nice front in the General Public, but think nothing of talking down on Western people/society when they are amongst their real friends and family.

      When Westerners discuss “Moderate Muslims” they should keep in mind the mentality of the Ummah (which is global domination) and also reflect on the meaning of “Taqiyya”.

      Fact is, most Americans do not understand Islam. If they want a clear picture of what Muslims bring to the West, read about the “Arab Revolt in France, 2005”. There was a night when nearly 300 French villages, towns, and cities were put to fire by roving mobs of Muslims.

      Most Americans I talk to have no idea this happened.

      • On February 26, 2012 at 9:15 am,
        Big Al says:

        Morning Superdobbs,

        Please send a link on this subject. I will also google the topic.

        Big Al

      • On February 26, 2012 at 6:20 pm,
        Big Al says:

        Okay, I am going to spend some time tomorrow going over this.

        Thanks,

        Big Al

  29. On February 26, 2012 at 9:22 am,
    Dennis M. O'Neil says:

    You cannot debase a currency and a culture separately.
    But when you debase one you inevitably debase the other as they are measures of each other.
    One has surmized it better than I could:
    “I went at your bidding, and passed along their thoroughfares of trade. I ascended their mountains and went down their valleys. I visited their manufactories, their commercial markets, and emporiums of trade. I entered their judicial courts and legislative halls. But I sought everywhere in vain for the secret of their success, until I entered the church. It was there, as I listened to the soul-equalizing and soul-elevating principles of the Gospel of Christ, as they fell from Sabbath to Sabbath upon the masses of the people, that I learned why America was great and free, and why France was a slave.”
    Empty Pews & Selections from Other Sermons on Timely Topics, Madison Clinton Peters; Zeising, 1886.

    My take:
    So there America will be prospering with Sunday morning standing room only or listing at the sight of empty pews.

    • On February 26, 2012 at 6:13 pm,
      Big Al says:

      Thanks Dennis,

      I will definitely look up this book.

      Best,

      Big Al

  30. On February 27, 2012 at 6:50 am,
    Big Al says:

    Bob Moriati is SPOT ON ACCURATE 1000%. This is why I closed my Scottrade account last year. Sorry fellers, you’re dealing with criminals in the financial and political system, get use to it and cover your assets with the emphasys on the first three letters of the word “assets”.