Minimize

Welcome!

Liberty Express Radio asks the question, “What do you invest in when the end game could be right around the corner”?

Big Al
June 22, 2013

Click download link to listen on this device: Download Show

Discussion
132 Comments
    Jun 22, 2013 22:54 AM

    Big Al, Jay and Alan:
    Jay, I am firmly in your camp with respect to LOVE. I put God and family/friends first. I take care of people – that is what I do. Everything else is second. My life has followed that path. I CANT take this stuff with me…geez, I know that. But, I will not play the paper game and be left holding the bag and then having to tell my family that I was ignorant of REALITY. Reality is coming and coming fast. What is reality? – hard assets CANT be printed, bastardized and compromized. Everything else can be and WILL BE. That is reality…..please act accordingly.

      Marc….the main thing about the investments and money to a Christian, is NOT TO BE A BURDEN, financially to others……that is basic…., this is why one needs to stay out of debt…., which is opposite to the American situation……..and the BANKSTERS….

        Jun 22, 2013 22:04 PM

        Completely agree Jerry

        Big Al

    Jun 22, 2013 22:57 AM

    In other words…America is being “Nazi-ed” financially. I see it and YOU should see it too. Just typing that word…”N….” sickens me and gives me the CHILLS!

      Feb 03, 2014 03:23 AM

      I love these arletcis. How many words can a wordsmith smith?

      Feb 03, 2014 03:01 PM

      Me and this article, sitting in a tree, L-G—R-N-I-NAE!

    Jun 22, 2013 22:03 AM

    One last thing – I PURPOSELY put a “Z” in “compromise’ to make a point. Compromize is exactly what 1930’s and early 40’s Germany did. They COMPROMIZED until they lost their sense of humanity – “the crooked cross” is coming back and the bankers are leading the charge.

      Jun 22, 2013 22:16 AM

      Really interesting comments, Marc

      Big Al

      Jun 23, 2013 23:31 PM

      Actual factual Marc, dirty rotten they are. The gears are going to grind to a gritty screeching halt brother. Stay Stacking

    Jun 22, 2013 22:18 AM

    Marc, you might be talking about Chamberlans comprimise with Hitler, but in Germany the Brownshirts made sure which way votes went and there were times thousands that opposed Hitler and his henchmen would die in a single night.
    Not too much comprimise there. Facism generally takes what they want, altho, they will do things that people like.
    Mossulini for example moved the Cathlic church to italy from france. Very popular move, he also eliminated the mafia, another very popular move. Hitler actually signed a deal with the catholic church. very popular
    In reality, the facists of europe were christians including Franco, religion is generaly a big deal to them. Thats 1 of the things that make religions so dangerous.
    But my point is, they will do things people like so there is discussion amogst the people, to keep them guessing, then they take what they want. A good method when people are unaware, which the american people might very well be.
    The “crooked cross” came from the ancients, the germans used it as it was/is a symbol of power.

      Jun 22, 2013 22:34 AM

      Benb,
      Very interesting comments……the “bankers” take what they want…..what is the difference…really nothing…both are points are “to the point”.

      BENB……I would like to add to your comments….concerning Franco…..
      according to KJV…..it would not be likely that Franco, Mossulini,Hitler, were children of the light,(Christians)…… more being the children of DARKNESS, WHICH IS THE DEVIL…….

        as it says in the KJV…..”.you will know them by their fruits”……..meaning you will know them by their action………..Since,Jesus CHRIST, Christian,,,,,the main commandment is to LOVE THEY NEIGHBOR……

          also…..it is written……”MANY WILL COME IN MY NAME”…..,meaning ,,,many will call themselves Christians…….but, act as children of the DARK,EVIL,DEVIL ACTIONS, which is impossible to be IN GODS will……………

            Jun 22, 2013 22:06 PM

            Amen Jerry

            Big Al

            Jun 22, 2013 22:18 PM

            Jeryy I call them christian because on the german coins was “in god we trust” somthing like that, and they went to christian churches, I mean they put the vatican in Rome, how more christian can ya get? I understand that many christian groups feel their group is the “only” christian group or even a “chosen” group, but to me, being outside looking in, christians invariably think other christians are not christians, that to me, IS christian, if ya follow me.
            As for what they did being christian or not is another discussion, but in the christian bible you have an acceptance of genocide, yes I understand it is justified by saying god says its ok, but acceptance of genocide it still is. Anyway, I dont agree with their actions I am just saying, but Im not christian, just plain dont agree with it. I do think its a longshot not to call the Catholics of europe not christian tho.
            I believe I have met a few that were around during the 40s that would call themselves christian.
            In any case, facism can use religion for their own ends. People need be aware, The Bush family was/is christian I believe, I read the other day there are papers showing great great great grampa bush was a slave trader (slavery ok in kjv) the grampa bush supplies fuel to the luftwaffe and sarin gas for the chambers, (remember, the americans were supplying germany and didnt get involved until hitler declared war on them in 42, war began in 39) (just a minor error there Adolf?) then we have the last two bushes, genocides. War criminals. The funny thing, the last bushes popularity rating in the U.S. is going up.
            As for christian actions of violence thru out history? Where would a person begin? Christianity has been exceedingly violent, 30-40s facism being just 1 example.

            I am for John Lennon, imagine no religion.

            BENB…..go read ROMANS 1 ..10-19

    Jun 22, 2013 22:14 PM

    Marc, I agree, I have said many times that it is the banks. A year or so ago, people here adimintly opposed my opinion, with so many christians here I even argued that jesus warned about moneychangers, but to no avail.
    Slowly people are realising it is the banks.
    Bill Still, “the money masters” explains the banks care not which government, they work with them all.
    I tend to agree with Keiser, “hang them all” and be done with it.
    Unless someone can come up with another solution.
    But, there is Paul Craig Roberts argument it is the military industrial complex,
    arrggg, i wish I didnt respect him so much sometimes,
    easier just to figure its the banks.

      Jun 22, 2013 22:52 PM

      benb, I don’t think you were alone in your assessment of the banks, many here saw what was happening, but they are only part of a bigger picture, which also includes the gullible yet culpable public, when it comes together as it has it spells baked in the cake “Disaster”.. DT

        ditto DICK……I think I also, suggested the same, Maybe, we did not post on the same day…….I think I have been very vocal…..concerning BANKSTER, ROTHCHILD, AND OBAMA………..AND UNCLE BEN………………benb. YOU are not alone…..my friend.

          Jun 22, 2013 22:49 PM

          The issue I guess is there enough that understand? or powerful enough to do somthing. I think I am going to write in Ron Paul next election just because.

    CFS
    Jun 22, 2013 22:43 PM

    Do not forget about the Big Zero, who next year will try to push through a carbon tax, which will eliminate the US edge of cheap energy.
    I also expect him to introduce a federal VAT tax which will cripple the economic growth.
    It will be argued a VAT tax is needed to reduce the debt, but really the devil incarnate simply wants to increase spending and dependence on government, thus buy more votes for the democrats. This country is being destroyed from within while the innocent sheeple sleep.

      Jun 22, 2013 22:09 PM

      I don’t agree with Mr Obama but I would not agree that he is the devil incarnate. I firmly believe he believes his agenda is correct. The problem is I think it takes away all incentives.

      Big Al

        CFS
        Jun 23, 2013 23:34 AM

        Which agenda do you think he believes in?
        The one he announce he wanted before he was elected or the one he is currently pursuing?
        I believe anyone who attempts to turn the US into a communist welfare-dependent society, who deliberately ignores the constitution, and who is hell-bent on buying votes above the best interests of the county and who is piling on debt on future generations is below pond scum in my estimation. (But then you know that anyway, to borrow an expression.)

    CFS
    Jun 22, 2013 22:52 PM

    We have heard discussions of bail-ins in the banking system, but what about the safety of using stockbrokers? Does the Sentinel court decision make you wonder; as did the Cyprus bail-in?

    CFS
    Jun 22, 2013 22:00 PM

    Russia has recently quietly bought 200 tons of gold.
    China has recently launched 2 gold ETFs.

    Will the effect of these two facts cause the gold market to rise in the coming week?

      Jun 22, 2013 22:10 PM

      It certainly certainly should!

      Big Al

    Jun 22, 2013 22:19 PM

    Cdn military versus Mother nature:
    -result .. she wins

    https://twitter.com/chantelathon/status/348489011209326592/photo/1/large

    JAY…..is a CHICKHAWk…….,,,,,meaning….put all your eggs in one basket,and watch them like a chickenhawk………………

    CFS
    Jun 22, 2013 22:44 PM

    I just loved this post by Robski on Friday, about one opinion of an Irish Lass.
    http://www.youtube.com/watch?v=QIMucHfUMyg

    Jun 22, 2013 22:45 PM

    Sometimes things just come together like tonight’s Supermoon.
    http://earthsky.org/tonight/is-biggest-and-closest-full-moon-on-june-23-2013-a-supermoon
    Find a good spot and watch the disk. Today’s guest Jay Taylor might agree the moon is in many ways one of many proofs an objective observer will find we were created by design.
    Another thing that fell into place was tonight’s dinner. We decided to go with finger foods tonight so I began by deep frying chicken wings and sliced chicken breast fingers. The wings and fingers were dredged in flour kicked up with baking powder-red pepper and Old Bay. Well wing night was going fine and then in a turnaround cupboard I spotted a can of Limited Edition Jalapeno Spam. I sliced the meat concoction to mimicked a steak fry….dredged them in the flour and commenced to deep the result.
    After placing the fried spam slices on paper towels I submerged them into a sauce consisting of 2/3 Frank’s Original Hot Sauce and 1/3 Sriracha Hot Chili Sauce. It ended up being the highlight of a modest dinner ….earning a spot in the rotation. It pared fantastically with a 2007 Brut – Roche Lacour.
    Who would of thunk it?….fried Spam and French wine.
    Try it!!!!!!!!!!!! Find a spot and watch the Supermoon!

      Jun 22, 2013 22:14 PM

      That represents some of the real joys of life.

      Big Al

      Jun 22, 2013 22:42 PM

      You just may be a food genius Dennis! That actually sounds pretty good to me. I am always trying a new experiment in my kitchen. Just for the hell of it to see what I can come up with. Ever tried smoking canned fish? I dry sardines and baste them in my sweet/sour sauce until they are almost like Jerky. I swear the things a guy can come up when he gets hungry cannot be found in any store and some are awesome!

        Jun 23, 2013 23:42 AM

        Had dinner last night with some European friends. Major lobster boil. Even Kathy liked it. Great food, great wine and good friends. Hard to beat that!

        Big Al

          Jun 23, 2013 23:45 AM

          OK….Lobster and King Crab beat smoked jerky sardines from a can but at least I know when the creative juices are flowing I can make an awesome meal. I have been making an original preparation of minced garlic, hot peppers and sweet vinegar this last week that is to die for. Can’t seem to get enough and it goes with everything. I prepped up my third jar in a month already and have to keep chopping garlic to make more but it all seems worth it. Delicious (for those who enjoy cooking like me)!

            Jun 23, 2013 23:42 PM

            I am just beginning the process for Chorizo & Pesto-Stuffed Gilled Chicken destined to be pared with a Riesling. The chorizo in simply stuffed into the whole chicken cavity while the pesto sauce is delicately stuffed/inserted between the skin and the chicken in the breast section. You will not find a recipe for this anywhere….but try it.

            Jun 23, 2013 23:46 PM

            Great dish!

            Jun 23, 2013 23:03 PM

            Oh man! Now that does sound good, Dennis. I LOVE Pesto and there is absolutely none where I live. It is one of those things you really have to make from scratch yourself. Brings out the Italian in all of us. Hell, I got so impatient trying to find decent cheeses over here I bought all the equipment to start cooking up my own batches of my favorite fromage but got stumped when there was no Rennet or decent cheese thermometers to be found. Have you ever tried making cheddar at home?

    Jun 22, 2013 22:47 PM

    DT @ 3:23 p.m.

    Just last week Calgary council was wondering what to do with excess $51 million … I guess now they know.

    Jun 22, 2013 22:57 PM

    In this 50 minute audio, Jay Gallemore spends some time going over long term “historic charts”

    – no place left to hide?
    – gold to $700?
    – oil to $40?
    – out of the question?
    – who’s in charge; manipulators or fundamentals?
    – so many questions.

    For audio click on “workshop” radio at bottom of page.
    http://chartingyourfutures.com/workshop.htm

      Jun 22, 2013 22:57 PM

      Jay’s “historic charts” are found here:

      http://chartingyourfutures.com/historicworksheet.htm

      Jun 22, 2013 22:14 PM

      OK. Now you are talking, Irwin. Well….at least you are getting closer. I checked todays article because it was asking an important question. What do you invest in when the end game is near?

      But 44 comments later and not one response until yours. Nobody knows!

      I think what we just witnessed though was that the only thing that stood up to all the troubles was the US dollar. All others fell. I mean literally every currency declined…how crazy is that? And then virtually every stock exchange too!

      Wow! Another Wow and holy crap batman too because now we are really screwed.

      We need to reassess what we are doing with our money because it is pretty obvious NOBODY knows what this particular crash will bring. There is not safety in gold or copper or oil or collectibles or antiques either. I mean Cripes….even bonds fell.

      Looks to me like the only thing that held up well was my backyard chickens and the garden I keep because they actually did not wither last week like everything else. But it gets crazier…..we all just realized this at the same time and now EVERYONE and his cat will try to raise cash but there is not enough cash to raise in an environment where every single asset class but cash is failing.

      Here is the problem. We just entered a deflation trap that most people cannot understand and virtually nobody believes is possible. At the very moment when the world realizes all assets will decline then that is the moment liquidity will dry up like a sponge in the desert.

      The outcome is that cash is demanded even more and suddenly asset values can come tumbling down leaving little of value and offering no return as investors attempt to flee into dollars before the music stops. And that means the smart money is going to be selling next week and going all into cash.

      I think it is going to be a bloodbath across the financial world to be honest. Of course, we have seen this story play out before. It was an epic drama in the 1930’s that wiped out most everyone including many of the most wealthy. We are now truly on the cusp of another great depression (sorry to have to break it to you like this, boys..best button up, she’ll be a chilly one. Hang tough mates. You will be fine as long as you keep warm).

      Actually, you know, there were two guys who have talked about this quite a bit. Robert Prechter and Harry Dent. Both were warning about the potential for an apocalyptic financial event that would wipe out virtually every single asset class and destroy most peoples wealth overnight. Both seemed to suggest gold was not a refuge and that it would decline right back to its old lows as all commodities came down in unison.

      I think that moment may have finally arrived.

        Jun 22, 2013 22:17 PM

        In short…you need dollars, not metals.

          Jun 23, 2013 23:47 AM

          Possibly true, Bird.

          I personally believe that a person needs to add strong values, strong character and, yes, staring faith.

          Also need to stay informed and stay nimble!

          Big Al

            Jun 23, 2013 23:29 AM

            Very much agree with that sentiment, Al. When all else fails we must go back to the basics of our own nature. Stripped bare of the pretenses of wealth and the false strengths that sometimes accompany fat balance sheets and bank accounts we will discover our humanity and the virtues that exist amongst our fellow men. Strong character and a willingness to speak our minds clearly while holding to our faiths will no doubt help as others flounder in fear of the unknown and unknowable.

          Jun 23, 2013 23:26 PM

          Bird Man,

          I find you to be a very interesting fellow, and you were most certainly prescient about gold going below $1323. Nor did you crow unduly!! Furthermore, I have reminded Al that he should ‘fess up to his owing you a bottle of vino, even if it is only symbolic!

          However in an earlier blog I mentioned that too much certitude whether in religion or anything else including making financial forecasts is inadviseable. A good example of the latter is Larry Ellison who is tantalising his devotees with imminent promises of gold going to the moon. I don’t like the guy – he’s a main-chancer and shallow as far as I can see.

          Sometime back you felt out of sorts because by your own admission you lost a bet in some sphere or other. I was in fact ‘reassured’ by that admission because it told me you weren’t infallible!! Don’t get me wrong you seem a humble guy and you’re clearly a very shrewd analyst, as well as having taken considerable flak for being so pessimistic about gold.

          In this weekend show there’s been a lot of justified pessimism over where our world’s going, while taking the financial markets with them. Call me a misguided optimist however, but from a Christian point of view I see the one described in the Bible as The Ruler of this world (Satan) as ultimately a fool (Coleridge called him a ‘dunce). Sure a very wily and crafty fool but nonetheless a fool who, typical of all fools in the end falls on his face. For evil ALWAYS over-reaches itself….trips itself up by taking one foolish step too many. Who was it said ‘Whatever crimes you commit will in the fullness of time come back to haunt you’? Alll those evil cretins doing their damndest to ruin our world will have their day and then boom….no more and ‘the meek shall inherit the Earth’.

          That’s why I don’t believe the dollar will rule over that currency GOLD that has stood the test of time. Some weeks back one of Al’s contributors rightly, to my mind, described gold as the nearest thing to truth this side of heaven. Here perhaps the Snowden debacle is a small example of how evil gets hoist by its own petard, often in the most unexpected way. Putin was mad as hell after the G 8, and how sweet the small moment of revenge, aided by China in sending Snowden on his merry way to a non-extraditing country. Of course Snowden’s still not safe as earlier blogs have said. But you get my drift.

          I daren’t bet you a bottle of wine over where gold goes from here. But foolish or otherwise I guess I’m on the side of the optimists!

          Best wishes, Andrew

            Jun 23, 2013 23:11 PM

            Matthew 6:19-21 King James Version (KJV)

            19 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:

            20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:

            21 For where your treasure is, there will your heart be also.

            Jun 24, 2013 24:01 AM

            Of course but what’s your point Birdman? A

            Jun 24, 2013 24:36 AM

            P.S. So what Bird Man made you lay that bet?!!!

            Jun 24, 2013 24:00 AM

            No offence intended, Andrew. The world is heading for a lot of trouble though where all forms of wealth will be impacted. Pensions will decline (perhaps sharply), stocks will correct, bond markets will roil and little will remain for those who could not foresee how to protect themselves. Gold is not the answer either and so I encourage you to be prepared mentally for the changes coming if you have never suffered losses before that impacted on all your life’s plans. Spiritual strength will help us weather the storm.

            I do not see any mention of stocks, bonds…..in the Bible……BUT, IF YOU READ GEN 2, YOU SEE GOLD MENTIONED, and you see silver and gold mentioned through out the BIBLE, several times………….that should give a word to the wise…………..ootb

            Jun 24, 2013 24:41 AM

            None taken Bird Man – besides we’re safe enough with or without PMs tanking.

            The Lord is good to his children, bro!

            BTW….BIRD…..glad to see you have a KJV……

    CFS
    Jun 22, 2013 22:13 PM
    CFS
    Jun 22, 2013 22:27 PM
    Jun 23, 2013 23:57 AM

    Birdman,
    as Jim Sinclair is advising for “relative” safety “get out of the system”
    capital controls, bail-ins will confiscate any “worth less”cash you have within the system. metals is the only real wealth and you can hide it

      Jun 23, 2013 23:40 AM

      Thanks Jack. I am no fan of Jim’s but he does have a point when he suggests some strategic withdrawal from the conventional systems. Over at Casey Research they have a similar viewpoint and some interesting insights where it comes to having some of your savings and investments overseas. I have to admit I am enjoying reading their material now that I have linked to it after all these years. I am beginning to recognize the very serious vulnerabilities that now confront us that were never a concern to me my entire life. But it is obviously not so easy to diversify unless you are also geographically removed. In the meantime I remain dollar bullish long term but that is also another way of saying I foresee deflationary forces ruling our lives for the coming years.

        Jun 23, 2013 23:35 PM

        Bird…..word of advice . don’t be so dollar bullish , otherwise your money could go the same way as the “DODO”………..Just a little bit of madirish logic !!!!!!!!!!!

          irish,,,,,didn’t the English kill off the DODO BIRD…….

          CFS
          Jun 23, 2013 23:20 PM

          I assume birdman really intended to put Canadian or Australian in front of the word Dollar and just forgot.

            Jun 23, 2013 23:18 PM

            I am also Canadian dollar bullish, CFS. As the USD goes so goes the Loonie (another bird!). I am really surprised by the lack of confidence most of you guys have in greenbacks though. I have never harbored any real doubts and for the time being the dollar is beating the pants off gold. That is not to say there will not be another major devaluation…..even I agree it is coming, but I make my investing decisions based on the reality I am living today and not on a theory far off in the future. Nobody makes money on big-picture theories but plenty lose their shirts!

    CFS
    Jun 23, 2013 23:09 AM

    Zerohedge is indicating Snowden is on route to Russia.

    http://www.zerohedge.com/news/2013-06-23/edward-snowden-leaves-hong-kong-flight-moscow

    I believe he is actually headed to Cuba.

    CFS
    Jun 23, 2013 23:20 AM

    Mr. Butler believes he is safe using short periods of stock investing. In and Out, and he’s safe when he is out.
    That is not the point. The point is where is he when he is “out”?
    If he has banked money (even by his stockbroker’s money market account), the point many are making “IS it safe to be liquid in a market/banking collapse?

    Seems to me Mr Butler may be fooling himself.

    Jun 23, 2013 23:42 AM

    The end game for a lot of baby boomers will be trying to find a retirement home, it was bad enough 28 years ago to find a suitable place for my mother, now with the huge influx of people needing care it will be impossible.

    The government here has not prepared for this event because they don’t care, the public at large is also to blame because most of them make decisions based on notions and not facts, what they will be facing is poverty and despair.

    The end game means looking after yourself and your family, and hopefully they will assist your living needs towards the end. DT

    CFS
    Jun 23, 2013 23:52 AM

    Dick Tracy,
    the UK government has prepared for this event.
    Although not in the way you would expect.
    Google “Liverpool Care Pathway” to see how UK handles things. I suspect the US will adopt the same principle.

    CFS
    Jun 23, 2013 23:59 AM
    CFS
    Jun 23, 2013 23:03 AM

    Whistleblower admits as mortgage officer he repeatly lied to homeowners about HAM mortgages, doing everything he could to refuse any downward modification mortgages.

    CFS
    Jun 23, 2013 23:07 AM

    Insider above worked for Bank of America.

    Another insider at S. & P reports the company would set ratings based on fee payments, rather than a scientific or objective approach.

    CFS
    Jun 23, 2013 23:13 AM

    Either Shanghai is mis-reporting interest rates on something is happening!
    Overnight lending is reported at 29% !!!!

      Jun 23, 2013 23:08 AM

      CFS, can you provide a source or link, where did this come from. DT

    CFS
    Jun 23, 2013 23:37 AM

    snowden made it to Moscow on flight SU 213.

    CFS
    Jun 23, 2013 23:06 PM

    And now for some light relief:

    http://www.motor-pros.com/top-10-most-beautiful-women-from-the-detroit-auto-show-2/?utm_source=outbrain&utm_medium=cpc&utm_campaign=motorpros

    Or is it a sexist, racist comment?
    All in the eye of the beholder….

      Jun 23, 2013 23:11 PM

      Bob M likes to brag that he is married to a trophy wife, he would eat his heart out if he saw my wife in a black string bikini sitting on the hood of a Merc Cruiser. DT

        Jun 23, 2013 23:41 PM

        DT……..PLEASE PLEASE PLEASE……….send me some photos………..Just kidding tommy gun.

    CFS
    Jun 23, 2013 23:08 PM
    CFS
    Jun 23, 2013 23:11 PM
      Jun 23, 2013 23:44 PM

      CFS………The powers that be are starting to run scared….Why ?…because the people are starting to wake up…at last.

    CFS
    Jun 23, 2013 23:05 PM

    Here’s what the Swiss people think about privacy:

    http://www.zerohedge.com/contributed/2013-06-23/bullying-friends

    CFS
    Jun 23, 2013 23:23 PM

    Don’t you just love that middle finger salute the Swiss gave the US>

    CFS
    Jun 23, 2013 23:29 PM

    If you thought banksters stole, then what happens at the bankers bank?

    Breaking news of fraud at the IMF.

    http://moneymorning.com/ob-article/imf-dividends.php?code=127104

    CFS
    Jun 23, 2013 23:19 PM

    If you want a video of the fourth turning, explaining where we are and where we’re going:
    http://www.youtube.com/watch?feature=player_embedded&v=v_yPwilCy1Q

    Jun 23, 2013 23:59 PM

    New round of QE just started and they start talking about tapering so soon when they know any positive effect on the economy needs a year or more. Now the market it headed to the 200 day moving average and the weak economic growth will taper off too before it had a chance to build. They will announce a delay of the tapering before you know it when the economy tanks again and then the market will take off again on another leg.

    CFS
    Jun 23, 2013 23:16 PM

    I wonder if the Us, or China or Japan will be the one to crash the world monetary system.

    I’m betting on the U.S. But please don’t do it before I leave in October.

    CFS
    Jun 23, 2013 23:23 PM
    Jun 23, 2013 23:23 PM

    Prepare for 1000 gold, 15 silver, then capitulation will take place.

    CFS
    Jun 23, 2013 23:27 PM

    I’d rather have $10000 gold and $150 silver.

    Que sera, sera.

    CFS
    Jun 23, 2013 23:30 PM
    CFS
    Jun 23, 2013 23:38 PM

    Interesting Mauldin article:
    I just did the trip he is taking!!

    http://news.goldseek.com/MillenniumWaveAdvisors/1372082460.php
    Je pense Les Francais are in deep do-do.

    CFS
    Jun 23, 2013 23:41 PM

    Here’s someone that disagrees with the birdman.
    http://news.goldseek.com/GoldSeek/1372082580.php

      Jun 23, 2013 23:42 PM

      US dollars are backed by a full faith and confidence in the government that issues them. This is more than blind trust, CFS. In my opinion it is naïve to assume that ONLY a backing of a currency by precious metals has true validity. Please consider that what really supports dollars and our currency regime are a combination of political and economic strengths, the projection of power across the globe, technological advantages, food self sufficiency, energy, the cooperation of sovereign peers with policy objectives, geographic isolation and the ownership of a treasury of resources both domestic and foreign. Gold and Silver are very minor compared to what the US offers in the form of global liquidity and the smooth functioning of our international financial systems, its strength as an exporter of key crops that the world depends upon and an innovative population. When you include that with the virtues of good governance, a fair and transparent judiciary and policies designed to open trade routes that are inclusive of all regions of the world these represent the conditions necessary for faith in the dollar to exist. You need to broaden your interpretation of what constitutes money and why others respect it and have faith in the first place.

        Jun 23, 2013 23:18 PM

        Birdman,
        I ‘hear” you say this person is naive and this and that….you talk a good game…BUT, you are dead, flat out wrong…my friend…I am really surprised nobody has really called you out. Maybe it is that your missives are intelligently expressed. When you called MATTHEW out, I almost crapped in my pants! The guys can “RUN CIRCLES” around your logic and then some. I think YOU are NAIVE AND BLINDED BY THE ONCOMING EURASIAN TRADING ZONE TRAIN. Have FUN with all your cash…you will need it to warm your “ass” at nite, because you lost everything putting your trust in the almighty dollar. And BTW, you mentioned that MATTHEW might be young by some of the angles he uses in describing economic truth. TRUTH comes in all forms. Unfortunately, it cant be learned unless you realize it.

          Jun 23, 2013 23:04 PM

          Other than that I think you are a pretty smart dude!

            Jun 24, 2013 24:02 AM

            That was pretty damn funny, Marc! You are my morning smile.

            Jun 24, 2013 24:09 AM

            Thank you Bird Man. I am glad I made you smile. Now, I have some gold to sell you. I am only asking for a few, just a few….of those scarce dollars that you are accumulating. I know it is a lot to ask, but I just thought you would be willing to help this foolish, misguided- lost soul…..thank you kind sir….. 🙂

            Jun 24, 2013 24:26 AM

            Bird Man,
            For your quiet enjoyment and to add to your “morning delight’. I like to spar with you – you are interestingly – fun: http://www.goldmoney.com/gold-research/alasdair-macleod/the-deflationist-error.html

        CFS
        Jun 24, 2013 24:27 AM

        I never said gold is the only thing that could back up a currency, so don’t raise a straw man that is easy to knock down.
        In fact, I agree with you. Your point is most proven by my belief that none of the gold that remains in Fort Knox is owned by the US. It is long gone. Only an illusion of gold ownership currently supports the dollar. It is just as you indicate Global power and trade that currently holds things together. But that too may soon be shown to be illusory, if interest rates rise and the US cannot meet interest payments on its debt.
        On the other hand the Chinese, by their actions, do demonstrate their belief that gold and silver will support a currency.

        Jun 24, 2013 24:09 AM

        Good grief Bird Man. You can state that which you do with a straight face? Virtues of good governance! Fair and transparent judiciary! What planet are you on?

          Jun 24, 2013 24:01 PM

          Maybe you would prefer a Chinese or Libyan or Saudi court?

      Jun 23, 2013 23:21 PM

      THANKS CFS SEE MY RESPONSE BELOW.

    Jul 10, 2013 10:49 AM

    I do believe all of the ideas you have offered to your post. They are really convincing and can certainly work. Nonetheless, the posts are very short for beginners. Could you please prolong them a little from subsequent time? Thanks for the post. ninja mega kitchen http://forum.akross.net/profile/5925/walrus16street

      Jul 10, 2013 10:36 PM

      Please elaborate on “prolonging a post”.

      Thanks,

      Big Al