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John Embry asks if cognitive dissonance isn’t perhaps rampant in parts of our society.

Big Al
April 17, 2013

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Discussion
37 Comments
    CFS
    Apr 17, 2013 17:35 PM

    Interesting Documentary on gold on CBC tomorrow evening

    CFS
    Apr 17, 2013 17:40 PM

    Don’t like the dollar?

    Some other currencies:

    http://www.caseyresearch.com/sites/default/files/130417opedimage2.jpg

    Apr 17, 2013 17:42 PM

    I have been looking foward to that cfs, I guess they are going to discuss manipulation.
    Interesting for msm.

      CFS
      Apr 17, 2013 17:45 PM

      I think it is more about gold use as a money in the last century, but don’t k now for sure. The maker of the documentary was talking about operation Fish, and other things.
      Operation Fish was the smeggling of all UK gold out to Canada in 1940 to pay for weaponry from US.

    Apr 17, 2013 17:43 PM

    The name of the show is “doc zone”, lotta docs around I guess. lol

      CFS
      Apr 17, 2013 17:48 PM

      It is just a time slot for doc(umentarie)s

    CFS
    Apr 17, 2013 17:47 PM

    http://www.theaureport.com/

    This is about what 3 factors might cause PMs to jump from here.

      Apr 17, 2013 17:42 PM

      Boo Hoo….The President will not be happy but I for one have many a dry eye for his sad and handwringing plight on the issue. But keep an eye on him for his infamous executive orders end run………………

    CFS
    Apr 17, 2013 17:52 PM

    I’ve got a message for the President:
    If you want to change the Constitution: go through the LEGAL process, don’t try to do it by edict or congress.

    CFS
    Apr 17, 2013 17:53 PM

    egislation.
    But then, you don’t believe in the Constitution, do you?

    Apr 17, 2013 17:54 PM

    Did you see this article??

    I’m not even an American and I’m angry. What is this??

    This can’t be real???? But there it is!

    Obama Overrides Congress to Buy $690 Million Worth of Russian Choppers for Afghan Air Force
    Read more at http://investmentwatchblog.com/obama-overrides-congress-to-buy-690-million-worth-of-russian-choppers-for-afghan-air-force/#x8e4cw1dkcIHoRJO.99

      CFS
      Apr 17, 2013 17:20 PM

      The flagrant giving away of US fiat is disgusting, whether it is to Afghanistan, Egypt, Palestinian Authority, Iraq, The ass-in-charge does not understand we’re BROKE!

        Apr 17, 2013 17:53 PM

        Don’t forget Israel…

        Apr 18, 2013 18:49 AM

        TO A SOCIALIST ….they are never broke…..The a.. has always been on the take,,,,started with his mommy…..

    Apr 17, 2013 17:19 PM

    I wonder if its true cecil, maybe, wasnt it 4-12 guys from afganistan caves that took a few cecna lessons that brought down the towers? Maybe cave dwelling sandel wearing people make good pilots. I dont know, sounds kinda fishy to me.

    Apr 17, 2013 17:17 PM

    America.Owned lock,stock and barrel.
    Weapons of mass destruction,weapons of mass destruction!!!

    Apr 17, 2013 17:47 PM

    Pardon my ignorance, I’m willing to learn. I read from many reputable sources that many/most fiat currencies will collapse before long. Makes sense to me, but what I can’t figure out is that most of the champions of fiat currencies are the Goliaths of the world: US, Japan, ECB, UK. Who is the David that is going to knock down these giants? Will it happen from within or from powerful outsider, and if so, who might that be? Seems like the tandem of governments and central banksters are firmly in charge.
    Thanks for any illumination.

      CFS
      Apr 17, 2013 17:00 PM

      The fiat currencies will not die soon, with the exception of the euro that may die within a year, because of countries exiting the common currency, or it may become the currency of a smaller group of nations.
      Other currencies will dwindle to worthlessness as overprinting will drive their value to less and less buying power.

    Apr 17, 2013 17:51 PM

    It must be somewhat amusing to the Russians that after fighting a brutal and wasteful war in Afghanistan for 8 + years, and giving up, they are now doing profitable business by selling to Americans stuck in the country!!

    Seems capitalism can work……..

    Karma is strange!!!!

    CFS
    Apr 17, 2013 17:56 PM

    Yesterday, I said, if I understand Gold, and what is going on, it will be down tomorrow.
    Almost all the day it looked like I was wrong, but in the end it closed down $2.
    Again there is massive physical buying. It looks like Jpmorgan and Merrill are going for maximum profit, regardless of whether or not it kills the futures market.
    I predict the the paper price is about to decouple from the physical price.
    I place the fault totally with the CFTC regulators for an utter failure of their job.
    Naked shorting should have been controlled.

    CFS
    Apr 17, 2013 17:03 PM

    I cannot call tomorrow, but I expect a Friday take-down of the physicals.

      Apr 17, 2013 17:58 PM

      What do you base that on CFS. Not saying you will be wrong. Just curious!

      Big Al

        CFS
        Apr 18, 2013 18:23 AM

        With one exception so far this year every Friday has had a take-down; simple retitive pattern.

          CFS
          Apr 18, 2013 18:26 AM

          The actualpattern started developing last fall, but became obvious this year. It was so obvious that I switched my regular buying to a Monday morning.

    Apr 17, 2013 17:14 PM

    Objective truth eventually overcomes the subjectivity of moral relativism.
    It is the tortoise and the hare.
    Even Disney used to draw the truth,
    http://www.youtube.com/watch?v=2DrKmpuKhKE

    Apr 17, 2013 17:22 PM

    The whole system is reaching its full potential for corruption and no one will hold the criminals accountable for their actions.

    A comparison of prosecutions related to the savings and loan crisis and the current financial crisis.

    http://www.nytimes.com/interactive/2011/04/14/business/20110414-prosecute.html?_r=0

    And that all finds its roots in the 5th plank of the communist manifesto, believe it or not.

      Apr 18, 2013 18:17 PM

      MISS.D.T…..you are correct….but, you already knew that…..DID YOU SEE THE interview at Sinclairs site, by Watchdog ….with Prof. Black…..THIS SAYS IT ALL,,,,,

    CFS
    Apr 17, 2013 17:59 PM
    CFS
    Apr 18, 2013 18:09 AM

    Oops, back in Cyprus again, the Green Party wants to be heard (all one member in Parliament)
    http://uk.reuters.com/article/2013/04/17/uk-cyprus-bailout-vote-idUKBRE93G0T520130417

    CFS
    Apr 18, 2013 18:12 AM
    Apr 18, 2013 18:43 AM

    Thanks for the blog readers points. I learned from a Bloomberg story that India now has three gold buying festivals. Trading in this volatility has proven nasty for over six months. Keep in mind we only need a handful of good trades and prob a few weeks to make a good year. The hard part is stay out and avoid the rough markets that eat your lunch. I’m down a bunch just like 2008, but then I traded back to even trading gold futures for the last 60 days of 2008 to break even and was happy to get there. I think the same stuff happens this year but some stocks can be good for you but you better be pickey and have good timing. Noticed a good essay on all the Presidents legislation failures. Things are going bad in Washington DC very quickly. We did forecast the events of Q-4 2013 and Q-1 2014 and they are setting up to happen on huge pressures and scandals. Step back and think once in a while and look at the big picture. Sometimes boring markets are good ones. I expect a very good year this year but you have to earn it. Most action comes in Q-4 from my viewpoint. Be careful out there. Don’t get mad… get smart and deal with the messes. Be a situational analyst. Figure what the leaders do and work with it. Normally they all do they wrong things so its not too difficult to figure this stuff out.
    Traderrog http://www.wavelengthpublishing.com