The interview with Sean Rakhimov is one of the best interviews ever on your show.

Paul Van Eden’s optimism is refreshing but could it be too optimistic.
It reminds me of warm and fuzzy theories taught in academia that tend to self-destruct outside the classroom.
Having all the elements for success does not necessarily bring you to success if there is no motivation.
It is much more difficult for a country to transition from consumption to production than is the reverse.
It is similar to transitioning from being 18 years old to being 45 years old it necessarily requires 27 years to happen.
It is easier to be a net importer with a world reserve currency than it is to be a net exporter with a currency pegged to a world reserve currency.
It would be easier to retool an existing factory to produce goods for domestic consumption instead exports than it would to retool a strip mall to produce exports.
It is less of a task to teach a factory worker to manufacture something else than it would be to school a former hair dresser how to efficiently operate factory equipment.
We may have all the elements needed but it will take time to become motivated to utilize the assets with which we are blessed.
Although the US has certain desirable attributes we allow them to be suppressed by unions, environmental NIMBYISM, regulatory purgatory, and OSHA fear. It is as if we like to shoot ourselves in the foot. Not to mention a monetary system that thrives on unproductively raking in off the entire system for doing nothing but hindering it.
We have to become hungry before we cast off the inefficient niceties we have so burdened upon our economic engine.
I would be optimistic about the US but first we have to retool, rethink and combat enemies both foreign and domestic.

WELL irish……there you have it……Silver, small junk silver…..and diversification…..
I also think you should be diversified,,,,that is why I am offering you my newly aquired tungston bars….no spot price direct….The advantage of these tungston bars, is low theif , and lmited quanity at this time….which should make the value exceeding pleasing……so, I say diverify….as Big Al would agree…..ootungstonbox

seg. 4. Obviously I am going to agree. 1 more person seeing the light. He gives a choice to romney/obama. Gary Johnston (sp?) excellent choice, anybody other than the slave masters. He makes a great point, why doesnt the fed just write off the debt?
Its not like it was their money, it was thin air they get interest on and the principle of thin air. Totally proves neither party is for the people. I also liked his mention of Romney/Obama being the same. “clone” was the word I was useing. I just read an article stateing that 60% of the american people dont trust their media.
We are getting there. Good show Al but segment 4 definatly my favorite.

Re: Segment 5:
The tax cliff occurs at year’s end.
However, for Americans, the peak of selling will occur before the year end to take advantage of preferential capital gains treatment, which disappears in 2013.
I, therefore, expect heavy selling in December 2012, not in January 2013.

Benb
The Fed cannot write off debt because it is a private company, not a US government entity.
The Fed simply has the right to print and deliver to the US Gpovernment federal reserve notes.

cf, the fed not being able to write off because it is private doesnt make sense to me. I can forgive any mony I lend to someone. But the plan is to own everything, and they will. Take an hour to listen to L. Williams. No intention of stopping this qe to infinity as J.Sinclair coined the phrase.

The Fereal reserve IS a private company, owned primarily a group of banksters.
It is not a philanthropic organization. The primary purpose of QE3 is to buy junk mortgage debt from the banks and thus to keep them solvent.
The banks out there have over a quadrillion in potential liabilities from debt swap derivatives. Ensuring general banking solvency allows for the collapse of some smaller banks, without collapsing the pile of cards which is the whole banking industry.
The problem which has been allowed to become massive is that the Lehman collapse was miss-handled. The derivatives mess is now too big to be solved, and all the world can do is kick the can down the road until it can no longer be kicked and the monetary system collapses.

cf, I do understand. We also have to understand the “fed” owns just about every politician,judge etc in the western world. They can change anything they want, its their game. Should they decide they could forgive, but forgivness is somthing not in their vocabulary. At 40 billion a month of purchasing morgages how long till they own them all? That 40 billion to the banks is going to purchase dirivitivs.
An ingenious plot they are workin. Treason actually, that is if they were americans, but money lenders have no nation.
.

cfs2000 – I believe you are making at least one incorrect assumption:

“The derivatives mess is now too big to be solved, and all the world can do is kick the can down the road until it can no longer be kicked and the monetary system collapses,”

That is exactly what the pupeteers want us to believe since that is exactly their plan.

In fact, derivatives used to be illegal and we could always make them so at any point in time. The S&L scam resulted in thousands sent to jail. We could always do that as well. We could also start issuing debt-free currency, prosecute the Fed board under the RICO act, etc., etc.

None are more hopelessly enslaved than those who falsely believe they are free. – Johann Wolfgang von Goethe

MissiveDuTexas;

I don’t believe you have a constutional solution.
Violates both no ex post-facto provision and seizure without compensation.

Folks;
THE FOLLOWING IS WELL WORTH READING:
http://goldswitzerland.com/concerted-qe-the-beginning-of-hyperinflation/

Wow, Paul Van Eeden! He hasn’t been on in years. I haven’t seen him anywhere for a very long time.

I thought he had gone missing but it is good to see he is alive and well, and I won’t need to put his picutre on the back of a milk carton. 🙂

I wish I could be as optimistic as he is but all I see is twenty years of recession if we are lucky with a couple of nasty depressions thrown in if we are not lucky.

Ken,
That was my feeling listening to him.
I agree that is better to have available resources than it is to be barren of resources,
It is one thing to have resources and it another thing to develop a resource optimally.
Simply having resources does not allow them to be deployed effectively as if turning a switch on and off.
Instead we have unions bargaining to minimize the productivity of the membership.
Instead we have welfare programs subsidizing sloth.
We see at every page turn regulations discouraging employers to employ.
ANWAR oil field remains untapped in favor of an occasional caribou.
Keystone pipeline has given way to anti-fracking finatics.
You can have all the resources at the ready and find a country borrowing money from Asia to pay able bodies to sit on a couch.
You can have all the resources under foot and be in fear of an illusory carbon footprint.
Energy at your fingertips but we borrow money to import energy and burn food we could otherwise consume or export.
Our high finance system has declared dubious debt as being good collateral.
It has to be said that many interventionists Americans do not wish America to be highly productive.
There exists some pristine utopia the thinkers desire to depopulate and deindustrialize to achieve.
Unfortunately we have proceeded firmly in the direction of deindustrialization.
Now all the utopia thinkers need to do is get cracking on is depopulation.
You see if these green collectivists get what they seek then PVE’s labor force will not have to be paid to sit on the couch all day. They will no longer exist.

Hi Al,
I have to agree with Irish on the silver issue. My idea on diversification is buying gold. The stock market is rigged and it’s a currency race to the bottom. I also agree with Sean Rakhimov on junk silver. I am certainly not worried about selling it because I will be spending it while the people holding dollars will be throwing them on the fire to stay warm.

Al,
With all due respect, I strongly suggest you take some time to see the documentory by Dinesh D’Souza., “2016 Obama’s America” . It is well done and gives an understanding to why Obama acts like a dictator and must be removed from the White House along with all his communist friends which he appointed to powerful positions.

As of right now. if Obama is not removed or if a democrat majority remains in either house, the US will go into the worst depression ever.
That FACT is guaranteed by virtue of:
The tax increases. (Back to Clinton era)
The across the board spending (already-enacted) cuts
The Obamacare spending increases
The Obamacare fines (tax increases)
Plus the possibility of more left-wing Supreme Court judges and federal judges.
Even if you don’t like Romney (Because of continual biased negative press reporting)
the coming election us a no-brainer in my opinion.

I forgot to mention above in my list of reason to vote against Obama was the partial repeal of Dodd-Frank last week, indicating Obama is intending to bail out bankrupt cities.
What part of the US IS BROKE does he not understand? Just another example of buying votes of heavily-unionized city-workers, school teachers, etc. (The bill was HR2627 if I remember correctly….still has to pass in Senate or by reconcilliation technique of by-passing the senate.

cf, just out of interest u tube romney obama same?

Do you ever wonder about who posts on utube?

A difference between Obama and Romney is listening to the Republican party and choice of VP. Biden=/liar/idiot, Ryan=conservative

Cf, if u take the time to listen, you will see they are saying EXACTLY the same things.
As for Ryan, someone listed his voting record here awhile back, that spoke volumes. He is a complete and total liar. He can not be trusted.
This election is oppression vs liberty.( got that expression here) Not republican vs democrat. The exposed video of Romney is ALL of them, he is THEIR choice as presidential candidate. They did not choose liberty as their platform when they toasted Ron Paul. They would not count votes for him, these are honust people with integrity you want as pres and VP? They have chosen to enslave you and your children more so than you are now. Just watch a video or 2 Romney/Obama same?
If you were saying that the psychopaths are correct in their thinking and thats why your voting for them,I could respect that. Its possible they are right. But dont let yourself be decieved, its time these deceptions ended. Just watch the video.

I listened to utube. Note the Romney clips were 3 years. He has somewhat modified his position since then.
One thing I do know is that Obama is incompetent/out golfing.
He could hardly succeeded more in destroying the economy if he had tried.

I agree that the economy and liberty have suffered since Obama was elected, the process does seem to be accelerating. But was it Obama? or the same people that Eisenhower and Carlin were warning us about? “the bad guys” have been useing the same tactics and methods for a very long time. When they can kill a presedent at will and have the public believe “a magic bullet” did the deed, thats power.
Or how about towers coming down with airplanes? And have the public believe a bunch of esl guys with 30 days on cesnas and box cutters can overpower ex fighter jocks and elude 20? of the most suffisticated and advanced defense organizations on the planet?
I will refer you to Paul Craig Roberts on that one. Or the architects and engineers group.
I was hoping this 2012 Mayin thing was fortelling a change in conciousness, facilitated by the net. Maybe the end of allowing ourselves to be decieved. Unfortunatly this requires a desire to critialcy think, and alot of people literally refuse to think.
But we are somewhere around 60% of the people no longer trusting the media, so we are getting there.

Benb – “Not by might, nor by power, but by my Spirit”, says the Lord (Zech. 4:6)

The truth will make us free, and we can only worship in Spirit and in Truth. (John 4:24)

So anyone spreading the truth is doing great work in this temporary reality.

Miss, I have to agree that might and power wont work, but its not just the truth that sets people free, but what we do once we know it. The only thing worse than war is loosing one,once we get into it we have no more choice but to support our government right or wrong. (imo) Ex Vietnam protesters might disagree. and yes they were right. My thinking is, if we going to get into one it would be nice to be wearing white hats for once.

As reported by RT today ZIONISTS not Isreal not jews or christians.(yes zionists are jews) “If the Zionists act against Iran, it will be a historic opportunity for the Islamic Revolution to wipe them off the world’s geographic history,” he continued.

I know what America is. America is a thing you can move very easily, move it in the right direction. They won’t get in their way.”
Prime Minister Benjamin Netanyahu, 2001-
“Once we squeeze all we can out of the United States, it can dry up and blow away.” — Israeli Prime Minister Benjamin Netanyahu, 2002

I will never understand the thinking that allows american christians to support Isreal
It has got to be a religous thing, as it is sure not common sense.
You really have to admire these psychopaths at just how good they are at manipulation. Maybe its the couple thousand years practice.

Well, guess I will go out and treat myself to a couple onces. lol

[…] Click here to listen […]

[…] Al Korelin interviewed Sean Rakhimov, editor of http://www.silverstrategies.com at the Chicago Hard Asset Conference. Sean is an expert in silver investing and recently wrote an article entitled “Silver Sector Shrinking”. Listen to the interview here. […]