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Forget everything else – “QE to Infinity” is in play…everything else is just noise and baloney. Sinclair is exactly right…..and has been for ten years. I think he has a great track record. Now, who wants to bet to against him? Not me..how about you guys?
All the best,
Marc
ditto MARC…..QE and gold is going up….and will continue to go up….forget TA…
Jim Rickard is the person I follow very carefully when talking about the US situation and basically for the last year or more Jim has stated over and over again that “QE to Infinity” is a fact that Americans will have to face no matter who is in the White Home…….
They dont want to fix this thing…They are addicted to repairs.
Irish…drink up for tomorrow the dollar dies?
Marc,
The best thing about preparations is that you need to prioitize and become creative.
The great thing about home brewing kits is they both serve a purpose and when not in production mode they can be used for storage.
There is nothing like a home brewed adult beverage.
A proper toast is “F*^% Alexander Hamilton!”
Dennis,
Right on…as usual 🙂
HI MARC. I dont want the dollar, or any other currency to die, everybody around the world will suffer if that happens. I just want the people we elect & pay to do the job we elect them for, to do that job honestly, in the interest of the people they serve, the voters, instead of pandering to their friends in banking & business, whose only concern is to amass as much wealth as they possibly can, while millions of children die of starvation…Perhaps i am a dreamer, rememberer if we lose hope…then we lose everything…Any chance of “JC” turning up soon & kicking out the Money-changers from the temple…We call EARTH.
Irish do not make me declare Pete Seeger Weekend….my wife will kill me!:
http://www.youtube.com/watch?v=3H-MeS6LhhU
Premium….Jim R…and JIM SINCLAIR….ARE IN THE SAME CAMP….GOLD IS GOING UP…
If yesterday was any indication, In the Box, it sure has re-started.
Big Al
QE koolaid sure taste great. Keep giving us more Ben. GDXJ took a sharp drop the past few days with gold giving up almost nothing and is recovering well but a little slowly. Would have expected juniors to jump 7 to 10%.
The next couple hours will be interesting………….
DITTO….what do think it will end with…..if it breaks 1700…Tues Morning will be interesting….
Jerry,
If it takes out 1700 intra-day today I see it happening late with a closing day long red bar taking away the 17 handle for the week close.
Silver at 31.50 as I type is a nice week….here was the last strong resitance level last year before the 30’s and 40’s were cut through.
It was a nice PM week. A great August!.
Dennis….thanks for the post…I think, if you look at the chart today, the sell off, was the normal take down ,stomp it down fed.at work….then , the real money that knows the difference, is buying…
Hey Jerry, Irish and of course, Dennis M.,
All I am saying is that I bet against politicians to DO the RIGHT THING. They are hapless, helpless and hopeless….except Ron Paul! Of course, cheers..like down the hatch! 🙂
Marc
Marc…..you are so right…..as your partner would say….stay frosty….
It’s now 7:52 pm here in the UK……I’m off to the RUB a DUB for a couple of pints of real ale, & a bit of a laugh with some fellow drinkers ……….I promise to take the pledge tomorrow….(fingers crossed behind my back)..haha
Is the the Rub a Dub ale cold and wet?
Or is it European room temp?
Enjoy….Irish….enjoy!!
Why in God’s name, Mr. Irish, would any sane person “take the pledge”?
Big Al
Howdy Marc,
Great talking with you this a.m.
I certainly agree with your assessment of most of the politicians.
Big Al
Jerry,
Both 200 DMA have been solidly violated to the upside.
In the last 12 years….when you look at the long term charts all periods below the 200 presented discounted metals.
In re 1700 today..it would mean someone laid off the 2% maximum gain in a day for Gold switch.
I see the 200 day moving average moving to the upside by the time the leaves change.
I just hope everyone didn’t sell their stuff out of fear during the bottom this spring… it was indeed a depressing slog, but also an historic 100-year bottoming of gold & silver stock prices in relation to the underlying bullion.
Dirk….if they did….they better buy now….because we are a long way to the end…it is only half time……
Jerry,
I have converted all my fiat “I’ll Have Another” and recent Saratoga winnings to:
1/3 NEM
1/3 SLW
1/3 AG.
All but the recent Saratoga results have fermented nicely. I am sure recent returns will mature nicely as well.
Dennis…..hope you have some physical….and not all miners…..
Maybe only the first inning, In the Box.
Big Al
HI DIRK B…….Everyone on this blog know,i am a silver bull, i do n’t sell ….i accumulate as much as i can afford ….. physical that is.
Irish, are you back from the pub….how , were the mates…
Benny got gold moving with his saying nothing. Watch Europe
On Sept 12 when German court is to rule but delays decision.
When German voters say no more credit it’s game over.
Traderrog
This is the first Friday when most schools are back in session.
Even with a Holiday Weekend the beeches have emptied.
The kids are back on the bus or safely dormed.
What last week filled beach chairs now sit in front of trading desks.
It might have taken them a few days…. but apparently as the tan begins to fade they realize they do not want to go into weekends without real money.