Frequent guest on The Korelin Economics Report, Sean Hyman, had some interesting things to say an CNBC Squawk Bos earlier. To watch click here.
Big Al, Jeff and ALL:
I have alluded to this guy on several occasions in our blog. I have even used him as a source document from time to time to hammer home a point. NOW, JIM WILLIE has just released an article that sums up his last several months of work and info that he has been talking about in several interviews with the TF REPORT. I apologize that it doesnt pertain directly to thIS “daily insight”, but I THOUGHT IT WAS IMPERATIVE THAT I BRING THIS ARTICLE TO MY ALL MY FRIENDS ON THIS SITE! This article is VERY LONG…so PRACTICE PATIENCE………A MUST, MUST READ!:http://financialsurvivalnetwork.com/2013/02/pitched-currency-war-us-dollar-rejection/
All the best to everyone,
P.S. “The only this constant in the universe is change”. AND change is a comin and FAST!
So sorry…” The only THING constant……
Thanks for the hotlink. Good article. This is the third one that I have read in the last week about the possibility that Uncle Sam may be replacing current 401 K and IRA’s with their own version which will funded by T-Bills and other worthless govt. IOU’s . Not clear whether current owners will be grandfathered in or whether it only applies to new ones. Bills have already been introduced in the House and Senate.
Value of all current IRA’s and 401K’s estimated to be between 18-19 trillion which ironically is slightly higher than our current National debt; at least the debt that Uncle Sam acknowledges.
The current attempt to gun grab by the administration has nothing to do with public safety but everything todo to insure no resistance by the people when they start feeling threatened. Read a recent article that the Administration is drumming out of the military Senior Military officers who will not promise in writing to fire upon Citizens should they be so directed.. This coupled with the Government’s annouced acquisition of 1.6 Billion rounds of hollow point ammunition along with another large order in today’s news is a matter of very serious concern………….
Perhaps I’m becoming paronoid but am beginning to think that there may be a basis in reality for the same.
Go 21-2 Zags who are now#6. Sorry that your Aztecs left the top 25. They were a good, fun to watch team.
Dai Uy……we have a right to be concerned,,,especially , with the pres. writing new executive orders,,,,and the military, thinking they have the right to kill american citizens,,,if they think, they are terrorist…….The thugs,,,are using u tactics, like the test, they had in Huston, Tx. and Miami. Fl, with using helicopters and firing off rounds of ammo….This is a test run, to see, how far they can push the public, and SEE..who is going to complain…..THIS IS SERIOUS BUSINESS….AND AGAIN YOU HAVE A RIGHT TO BE CONCERNED….. IT MUST be serious,,,otherwise,,,Why did Virginia ban drones..in their state…..hummmmm….ootb….
obama…and biden…..are crazy…..and on top of that , they are morons…..O. is a plant, and will be discovered that he is not an american citizen….Have you ever looked at the entire cabinet which he has assembled…..You can see the deviates, by their eyes….and actions…..
Getting harder and harder to sleep at night, isn’t it The Tall!
Congrats on the Zags. The Aztecs struggle when their point guard, X Thames is out.
Your comments, as always, are great Dai Uy.
Interesting recruiting class for the Dawgs, and, by the way looks that the Cougs got a pretty decent quarterback.
marc….you beat me to it…i was going to post a link to this article , i read it about two hours ago….yes it’s long , but worth the time…
PS…did you see the 5 minute shakedown in the PM’s this morning….Da Boys are playing silly games again…..& making lots of money at the same time……B$£$£$£S
More games that lead to NOWHERE..absolutely, Mr. Irish…B…….t!
Please write your entire comment in either English or Irelandian.
I don’t think I’ve ever read an article put out by Jim Willie that took me less then an hour to read well.
So true…so true!
One of the reasons that he is not on our Show is that he told me that he simply chose not to speak if he was not afforded a significant amount of time.
Okay, everybody has a reason huh Doc!
A line from said FSN article:
“This is the currency war entering the final phase, where the Gold Standard could potentially emerge as the global solution. The returned imposition of the standard would enable successful nations to garner more gold as reward (see Norway, Switzerland), and punish sluggish wayward parasitic sclerotic socialist nations which run chronic trade deficits by sending them to the Third World. ”
Like that last sentence.
Yep, I like that last sentence too!
I know Jim pretty well Marc. He is a very interesting guy and certainly unique!
You know Jim Willie personally? What a incredibly intelligent guy he is…kinda like Grant Williams!
Quite a bit different from Grant, Marc.
Sean did a great job. I agree with his assessments also..:)
Marc, I’m sure glad you dipped your toe in the palladium market a few weeks ago. You’ve had a nice return already. It looks like palladium may take a breather here as regards the daily charts but the weekly charts look strong yet.
Sure looks that way! I plan on following your instructions. Get to the double top and I will unload one half of my modest investment. Someday, the favor will be repaid. Thanks.
The daily charts look a little iffy for palladium right now but the more important weekly charts still look good. It’s nice to have Sean Hyman on my side. He made a very important statement about gold that people shouldn’t miss—-it’s something I’ve eluded to in the past to compromise the “nay sayers”. They asked him about Credit Suisse statement that the era of gold was over—-he stated that you don’t see the end of a bull market when you have a consolidation for a year and one half like we’re seeing it—–he’s absolutely correct.
He’s a good guy, Marc, and I certainly enjoy having him on our Show.
The theme in London today was:
“All that glitters must be sold”
cfs….it certainly seems to be the catchphrase of the day at LBMA , & over at Morgan’s & HSBC………..Still while they are playing these games , they are not out on the streets mugging old ladies……..But if this fraud should end…..then lock up your granny’s.
Cfs and Mr. Irish,
You will particularly enjoy the first two segments of the Weekend Show with Grant Williams!
As Mr. Mens’ Warehouse says, “I guarantee it”!
I believe the biggest change about to come in the materials area is Graphene usage.
Harder than diamond, better conductor than copper!
Already graphene-copper structures being contemplated for heat-sinking electronics.
Just wait a year or two!
I’ve read about graphene in the past but can’t find a good young exclusive graphene company to invest in. Most of them are conglomerates and graphene is a small part of their business.
One way to search for companies is to go through Patent searches.
What is scary to me is last time I checked a few months ago about 60% of patents traced back to Chinese companies!
Any thoughts on the junior – Northern Graphite Corporation, I am a small (very, very) shareholder?
Do you have a symbol for it?
Marc, I looked at the chart for the company—–I couldn’t pull up a lot of my indicators I use but it looks like the company wants to double bottom somewhere under $1/share.
You didn’t ask me, but here’s my 2 cents:
TA is about a 25% overall buy, for NGC.V or NGDHF
Recent news that Caterpiller is providing the financing for equipment is good.
Key is mining permit is not yet granted (Expected within a couple of months)
Then construction will start.
TA, however, does indicate small drop in near-term. How far will depend on how long permitting takes.
Burn-rate is not too high, so I don’t see major problems while waiting permitting, providing it comes in Spring 2013 as indicated by company.
Just got back. Thanks for responding guys. NGC might be a long term hold!
Any new tidbits on Exeter and their humongous resource in South America? Take over target?
I will be spending some time in the Desert With Yale and Rob at the Conference. Let me know if I can put you together with them.
Yale Simpson has quietly been supporting the share price with personally buying small quantities of shares, but nothing is expected to my knowledge for several weeks yet on their drilling for water. My conclusion is that they are minimizing expenses to conserve money while hoping for higher metal prices and easier funding times.
Thanks for your input CFS…..as always, my friend
Is that a bad thing in your opinion cfs?
I believe it a wise technique when low on funds and additional financing is near impossible.
John Kaiser has said he expects 30% of explorers to disappear before year-end simply because they will not even have funds left for filing and audit fees.
Do you know what is the worst part of Obama’s plan to allow all illegals to become American citizens just study the Rise and Fall of The Roman Empire. In Rome’s final days they allowed the barbarians to become citizens of their Republic without having to pay homage and serve in Rome’s army so when the barbarians attacked no one valued there citizenship because it was handed to them.
When America collapses under debt how many people will defend it’s borders when their citizenship was handed to them and the place becomes another country that is like all the other have nots.
This a recipe for total disaster and they have not treated many others with the respect that they feel is owed to them. DT
the roman citizens, thought the barbarians would treat them better than their caesars, or govt..their caesars were pagen….so, the barbarians did not look any different….the lowing morals… their pagen ways, …plus the thiefth of the gold and silver thur clipping of coinage debasement ,,,then inflation were some of the other reasons………all coinage was fiat, or no gold or silver…..America is following in the same mannor, and will see it’s end , if we do not change…..
Oh yeah, Jerry, the US of A is the Romans, RE DUX!! Yikes!….NO double yikes!
ARE the Romans…….
One of the many negative inputs to the puzzle, Machine Gun!