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Policy regarding comments on the forum.

Big Al
October 20, 2013

In the interest of sanity (primarily mine) all future comments must be understandable and certainly well thought out. The comments must also not be vindictive towards any individual.

Comments that do not adhere by these ground rules will be removed as spam.

We have hundreds of intelligent and concerned members of our forum. 99% of them provide comments which are thought provoking and certainly intelligent. I thank all of you who fall into this category as each one of you is contributing in a positive way to society.

God bless you all,

Big Al

Discussion
86 Comments
    Oct 20, 2013 20:49 AM

    HECK !!!……I’ve just been spamed.

      Oct 20, 2013 20:05 AM

      Not you my man!

      Oct 20, 2013 20:51 PM

      NO WAY..Irish.BIG Al wouldnt dare! …:)

    Oct 20, 2013 20:42 AM

    Here is an article at Forbes that highlights a response to the CHASE cash limit accounts. They are saying that it has nothing to do with capital controls it is JUST a way to overcharge clients and get more money from them. You want to transfer more than $ 50K? Just upgrade your account and pay more!

    True or not? You decide.

    http://www.forbes.com/sites/halahtouryalai/2013/10/17/no-jpm-isnt-banning-international-wire-transfers-no-limits-on-withdrawals-either/

    Oct 20, 2013 20:44 AM

    There is an article at Forbes that highlights a response to the CHASE cash limit accounts. They are saying that it has nothing to do with capital controls it is JUST a way to overcharge clients and get more money from them. You want to transfer more than $ 50K? Just upgrade your account and pay more!
    True or not? You decide.

    http://www.forbes.com/sites/halahtouryalai/2013/10/17/no-jpm-isnt-banning-international-wire-transfers-no-limits-on-withdrawals-either/

    Oct 20, 2013 20:47 AM

    Al,

    Please unblock my original e-mail and user name since I cannot use it to post here. Now that people know who Gary Savage really is I am done with comments against him.

    I want to be Pibe again!

    Thank you!

      Oct 20, 2013 20:08 AM

      I have never done that.

      I will ask Sarah to look into this.

        Oct 20, 2013 20:56 PM

        Who is Sarah?

          Oct 20, 2013 20:23 PM

          Techie daughter

      Oct 20, 2013 20:22 PM

      Thanks Pibe. I for one have appreciated your brutal insights. Have had no dealings with GS so am not personally embroiled. But in most walks of life ‘experts’ of dubious calibre are legion.

      As one who has always been on the look-out for phoneys in religion, whilst in the States I could easily have established a following all of my own. Public school English accent, university education. A bit of the gift of the gab, reasonably good looking at least in my youth and bingo the LORD would have been with me big time!! Bollocks, I’m just another guy who’s trying to make sense of life and who knows that what I think I know is a great deal less than what I know in reality!

      Best, A

        Oct 20, 2013 20:08 PM

        You are one smart individual.

        Thanks for being with us!

          Oct 20, 2013 20:31 PM

          Al and Rev Andrew:

          I met the “Bible Code investment” guy, Sean Hyman at your dinner party a year ago in Spokane at the Silver Summit before he became “famous”. I’ve since been receiving his newsletter gratuitously. By his own admission, he’s increased his subscriber list by over 10 K. Also, by his admission, he’s not done well on the stocks he’s tracked and recommended with the exception of Best Buy and tiny gains and significant losses in others. Perhaps the Holy Spirit and the Code hasn’t been responding lately………………………………

            Oct 20, 2013 20:22 PM

            Yeah Dai, perhaps they have not been responding.

            Hey, what’s with the Cougs? As of today, a better record than the Dawgs!

            You really ought to meet Kathy and I in Seattle for the upcoming “battle of the state”! I have this funny feeling about the outcome and I don’t like my funny feeling.

            Oh well, I still like my favorite red wines! Cougar Crest by the way!

            Oct 20, 2013 20:05 PM

            HUH? There is a “bible code investment” guy? If I understand this correctly, this guy is using the so-called bible code as an investment tool. If so, that is beyond ridiculous in my opinion – God wants us saved, not wealthy. Why would God say that we cannot have two masters (God and money) and then hide a “get rich” scheme in some alleged bible code? The concept does not add up – not very biblical.

            Oct 21, 2013 21:56 PM

            And that Bentnail is perhaps why he has not been on our show for some time.

            Oct 21, 2013 21:03 AM

            All part of the great prosperity ministry deception Bentnail! A

            Oct 21, 2013 21:08 PM

            Reverend, I gotta tell you that the “great prosperity ministry deception” really makes me very angry assuming that prosperity and money have the same meaning. Which, by the way, they certainly do not!

        Oct 20, 2013 20:17 PM

        Thank you Andrew!

          Oct 20, 2013 20:53 PM

          Yes; it is sad what’s going on in Japan. That is also happening with the mining industry. What I mean is that we get metals (i.e. gold, silver, platinum, etc) at expenses of the environment. In this specific Japanese case, the commodity is energy. Remember what had happened to BP? I guess that’s the price we have to pay for economic development and prosperity.

            Oct 21, 2013 21:08 AM

            We don’t have to “pay a price” for economic development and prosperity. You cannot regulate the Greed that makes a company act irresponsibly for a few more dollars. The answer is stewardship, not more regulation. Fining a corporation in order to pay off the local government with nobody going to jail just encourages the same behavior to repeat. Equalize the enforcement of current laws and regulations without favoritism and companies will either leave or comply.

      Oct 20, 2013 20:22 PM

      Who is Gary savage?

        Oct 20, 2013 20:23 PM

        He he, don’t get me started!

    ker
    Oct 20, 2013 20:43 AM

    Hi all,

    To put this in perspective, for every 1 legitimate comment this site gets, we receive 5 spam comments. We work every day to keep out the nonsense and leave the good stuff you all write. Given the sheer volume of spam comments we get, we use an automated service to flag them as inappropriate…and computers sometimes aren’t perfect. If you ever feel like one of your comments has mistakenly been flagged as spam, please email us.

    Thanks for all the discussion on this site. I assure you we’re invested in keeping this an open, spam-free conversation.

      Oct 20, 2013 20:08 PM

      Five spam comments for each normal one? Wow. Who knew. Are they computer generated or something? Who is doing the spamming? Is it kids sitting around with nothing better to do? Is it cursive material? You have me curious now since that is a pretty high ratio and of course I have to wonder who could possibly be behind so much effort for no gain at all.

        ker
        Oct 20, 2013 20:48 PM

        Presumably most of those are automatically created, though there’s no real way to know for sure on our side. The spam filtering software rejects comments from known bad addresses, but with free email accounts to easy to get, the vast majority of spam comes from what appear to be new/legitimate accounts…which means the software has to decide if it’s spam based purely on the content of the comment. That’s how real comments on this site with harsher language and links to outside websites end up sometimes getting filtered out initially.

          Oct 20, 2013 20:58 PM

          Are they at least on topic though or are you talking about writers who push Viagra, mail order prescriptions, lottery opportunities and African brides. PS: I have a list of potential African brides if anyone is single and lonely (kust kidding!).

            Oct 20, 2013 20:27 PM

            And your fee is?

            Oct 20, 2013 20:52 PM

            No money required, Al. You do need a strong heart though and lots of air.

            Oct 21, 2013 21:05 PM

            Lots of air?

            Oct 21, 2013 21:10 AM

            And a tolerant wife!

            Oct 21, 2013 21:05 PM

            Tolerant may not be a strong enough word!

        Oct 20, 2013 20:26 PM

        I would guess people selling or putting out porno or something.

    Oct 20, 2013 20:44 AM

    The problem that is faced here is not one of censorship which I am certainly against, but I feel compelled to speak my mind and be done with it. I don’t like people who are vindictive and I will not allow myself to be drawn into that role.

    I do not wish harm to anyone, I just want a certain level of dialogue to occur and if it doesn’t happen I will make that decision on my own.

    Imparting your beliefs is what it’s all about and that can’t be done without revealing your personal traits. DT

      Oct 20, 2013 20:03 AM

      Thank you Machine Gun.

      My sentiments exactly!

      I will personally remove all inappropriate material.

      Oct 20, 2013 20:09 PM

      Nicely put DT, A

    Oct 20, 2013 20:54 AM

    Markers trait not not are they philly talk me silly, it be them Jesuits non pumpkin man no no no!!! Not way to me, do me not box me in, box try no me. Ar dis dis, no way bud – I can feel me falling for gabber no.

    SORRY, I COULDN’T RESIST!!! Tee hee

      Oct 20, 2013 20:24 PM

      Don’t you start Bentnail!!

        Oct 20, 2013 20:52 PM

        Al block franky ?

          Oct 20, 2013 20:00 PM

          Only the comments that are not understandable.

            Oct 20, 2013 20:26 PM

            Tank u

      Oct 20, 2013 20:45 PM

      Now, now, let’s not make fun. franky was a very colorful character who could always put a smile on my face.

    Oct 20, 2013 20:23 PM

    That’s interesting and surprising to learn that you get 5 spam for every one legitimate comment.

    I had no idea it was that bad!!!

    Good to know, many people probably don’t realize that.

    Thanks AL

    I guess the all time record of 405 responses on the week end post,, will be hard to break…………..

      Oct 20, 2013 20:37 PM

      Not if gold starts rising again Jerry. I have really been wondering lately if maybe the damage to the US dollar won’t be an ignitor to finally give gold a lift off. One interesting thing about the debt ceiling issue is that it in fact achieved a necessary devaluation of the dollar that could turn out to be long lived. I am gently leaning towards the idea that another round of the same squabbling come February will send the dollar down below .79 and that suggests a steep fall could be on its way. A cheaper dollar improves exports of course but it does so at the expense of living standards, buying power and disposable incomes. But if you were in power and knew you could not pay your bills the last thing you would really want is a strong dollar policy. The currency MUST therefore be cheapened and this has clearly been achieved with great success due to all the public bickering and political posturing. USD has now lost almost 6 cents since July and if it breaks below 79 the next hard resistance is at .74…….pretty good work if the true intention was to evaporate debt and bring on some devaluative processes while boosting economic prospects. Lets not kid ourselves that the game was intended to do exactly what we are now seeing before our eyes. In the background meanwhile, gold has also fallen again and it looks to me that while the shine is off our favourite metal that new life could potentially be blown back into it this winter. I will be most interested in seeing how much political drama again plays out in the next three months that will be signalling to me to short USD and start getting long gold again. My gut tells me what we are seeing is all theatrics designed to break resistance on the dollar and thus pummel the debts. The dollar is not really at risk in any case but bondholders and anyone holding long term debt will be getting more squashed than usual as a result. I mean….if you are getting a measly 1.5% annual compound return but the currency itself loses as much as 11 or 12% in less than a year you pretty much got screwed. Obiously this plays well for those who cannot concieve of any other way to tackle the debt and deficit more directly. Double digit losses in the buying power of the dollar simply mean that those who hold the obligations are being taxed ruthlessly while those who need to pay the bills (the taxpayers) are being cut some slack. Everybody (I mean the whole country) takes it on the chin with fewer notes in their pockets to buy flatscreens, autos or home repairs though. This is the price that is paid for not reaching an agreement on debt reductions that are such political hot potatoes. So while we are pondering over the lack of cooperation in government and how they just cannot seem to reach a deal we need to also consider that if the dollar actaully does drop from its July high of 85 all the way back to 74 that something quite significant was indeed achieved. Whether we like it or not. Inflation anyone?

        Oct 20, 2013 20:40 PM

        Oh, sorry Jerry. Got off track there a bit. I only started out meaning to say that I think Al’s site will get pretty busy again once the price of gold starts to pick up in the late fall. Right now a lot of people are feeling pretty bruised over thier metals portfolios and are nursing some wounds. That could all change very quickly if my theory has any merit.

          Oct 20, 2013 20:23 PM

          Just as an aside, if the dollar does take a dive equites will almost certainly continue to rise in response so all the folks claiming Armageddon in stock markets are upon us will be sorely disappointed for the rest of this year. Over in Europe meanwhile, the squeeze will be on Germany and the other major exporters as the unusual strength in the Euro strangles hopes of an export and manufacturing led recovery. That means joblessness will remain very high for the foreseeable future while at the same time the continued bond buying by the Fed will keep pressure on the dollar to keep falling against most major currencies. The Loonie for example looks ready to head back to parity and above to me thus giving some confirmation of continued declines in USD. Interesting how this is all playing out. Everyone cannot devalue obviously. In the case of the Yuan it has been appreciating which is essential to trade balance in the US. That part of the equation is actually working well.

            Hello Bird….thanks for the reply.
            I agree with many of your points.
            I agree the dollar is headed lower. The “reserve status”, is being picked apart, by the
            Chinese and others. The latest contributor to the decline of the status is the friendly
            UK. I think they smell blood in the street.
            The USA is in deep , doo doo.
            January , should be interesting with the OBAMASCAM , and the next round of debt slavery for the sheeple. The sheeple, who want free stuff, will find out, not all is free.
            Free and freedom are not the same. Freedom, is no hand out. Free stuff, is not free.

            Oct 20, 2013 20:18 PM

            As far as the Chinese go, Jerry, they are actually being helpful right now by playing into the weak dollar trend. We should know a couple of things here. First and foremost, a devaluation is an absolute necessity. Secondly, the dollar has a proven track record for declines stretching right back to the inception of the Federal Reserve with two major declines which both related to gold and how it was valued. So we can’t really be surprised by what is happening here especially as inflation targetting itself is a guarantee that the currency will keep falling. I happen to believe we are near the cusp of a third major correction in the dollar that should be in magnitude to the past two events. It should be very stimulative for both the US economy and it’s trade partners but how exactly it will be achieved is a mystery for the moment. Where I have few doubts though is how all this might impact reserve status which is not in doubt in my opinion. The dollar is still far and away the most liquid and widely traded currency on the planet. Business to business transactions and international trade are far less concerned about US debt conditions than they are about having a reasonably stable and readily available medium of exchange to grease the wheels. There are not yet any contenders to take the role anyway. Not the Yuan, the Euro and certainly not the Yen at the moment. I don’t worry about it all that much anyway. Any declines in the dollar are mostly going to be felt by US citizens in any case but that is just the price the country has to pay for its entitlement based society and lack of restraint in expenditures. The rest of the world is more concerned with ease of transactions and market liquidity than with the inevitable declines in buying power of wage earning Americans. Anyway….as I said above, I think this is going to be stimulative and it will occur in a low rate environment which makes it all a bonus for the taxpaying public who will be getting a gift.

          Oct 20, 2013 20:32 PM

          I personally kind of like the politics, Bird!

            Oct 20, 2013 20:46 PM

            Secretly I get a kick out of them too. Don’t tell anyone.

        Oct 20, 2013 20:31 PM

        Theatrics and drama in govt?

        What are you possibly talking about?

          bb
          Oct 20, 2013 20:46 PM

          If what Karen Hudes is saying is true about the gold in Hawaii, and it actually does belong to the U.S. and is not the fabled Rothchild stash, then it is the United States that is going to come out of this entire mess looking pretty good.

          Kinda funny if we find out that gold is just like diamonds, all hoarded to keep the price up.

        Jan 05, 2014 05:16 PM

        Give me a second while I recover from an instant migraine. I’m all for freedom of speech but I sure paid a price reading that diatribe. I kept hoping for a genuine nugget of new news. However it was a disappointingly familiar line quips and quaps and the authors desire to hear themselves write. Sounds exactly like a politicians answer at a debate….like chasing the last piece of cereal around in the milk at the bottom of your cereal bowl, seems like a prospective endeavor until you finally get it and realize all you have is no more cereal. Which in this case is a good thing please sir no more cereal!

          Jan 05, 2014 05:18 PM

          That was respectfully a reply to “birdman’s” post on October 20th 2013

    bb
    Oct 20, 2013 20:24 PM

    I honustly dont understand this thing against G. Savage. Wouldnt anyone with the resources to invest understand “you pay your money you take your chances”?
    I mean, over and over most of these sites will tell people, DO YOUR OWN due diligence. So a person gets lazy or hasnt got the time so they pay someone else to do it for them?
    A little bit of gamble there I would say, then they complain cause they chose the wrong guy? That to me is kinda like saying “the horse I bet on was lousey I want my money back”

    After the 08 ? crash, I was picking about 95-98% winners. Some big ones too copperfox eventualy went up 50 times for example, teck.b(dont remember exactly) was a 10 bagger,(multiple 10 baggers plus) the list goes on and on. I looked like a genius, then the market turned and the winners were in shorting pretty much. (I only really look at PM stuff, some other resources)
    My point, a person could pretty much pick any service and the service would make a person money, after the market turned, wouldnt it be up to the invester to decide to stay in or not? All they had to do was get out.
    Anyway, I think these guys attacking Gary need to accept some responsibility, I do believe we have been discussing such things(taking responsibility for ourselves) about the nations and their people in general from time to time here.

    I just dont think attacking Gary is fair, disagreeing or being unhappy ok, but attacking?

    Anyway, good idea Al to moderate a little more closely.

      Oct 20, 2013 20:30 PM

      Well, here we go again. I agree with you, some of the comments (including myself) were pure “attacks” but most of them lately have been exposing facts and digging into past records and Gary’s own contradictions. So basically most of the comments lately were exposing him and not attacks. But yes; I have to admit that Al had to delete and moderate some of the harsh comments. Oh well.

      Ann
      Oct 20, 2013 20:45 PM

      I really enjoy listening to Gary’s daily views, as i do of each and every guest that makes and takes the time to make this the number 1 site..IMO.

        Oct 20, 2013 20:40 PM

        As always Ann, thank you!

        Oct 21, 2013 21:19 AM

        I don’t. Waffling about multiple ‘cycles’ of indeterminate length and size without charts showing them is pretty meaningless. Particularly when multiple cycles are supposed to be superimposed to give one number. And oh yes, there’s noise added in there.

        Huge amount of judgement involved in concluding anything about that, and we don’t really have any evidence Gary’s judgement is any good except his own word. (By contrast Rick & Doc have made quite a lot of good calls publicly.)

          Oct 21, 2013 21:55 AM

          No one believed me when I said we had a bottom in gold on June 28th.

          No one believed me when I said in August that stocks would turn and make new highs, Maybe even as high as 1800 on the S&P.

          No one believed me when I said get out of metals on Sept. 3.

          No one believed me on the morning of Sept. 18 when I said we could see a 40-50 point rally in gold. It rallied 70 points.

          Told subs on Sept. 30th that I was nervous that we might get a premarket hit in the gold market. The next morning 50 points were knocked off in the premarket.

          On Oct. 8th I predicted that the Fed would throw everything they had at the market over the next two days to try and abort the correction. On Thursday and Friday the S&P rallied almost 50 points.

          Told subs again on Oct 10th to expect another premarket attack. The next morning almost a million oz. of gold were dumped in the premarket that drove gold down 30 points to break support at 1275.

          Granted no one gets every call right. But I’m not sure what kind of standard I’m supposed to live up to. Heck the quest portfolio is up 1000% in the last two months. Unless you want me to day trade the market to the penny I don’t really know how much better you expect me to do?

            Oct 21, 2013 21:16 AM

            Perhaps Al, you could verify these claims?

            Oct 21, 2013 21:36 PM

            We have been careful and are doubling down in our efforts along these lines today, xlurkr.

            Oct 22, 2013 22:31 AM

            The thing is, with enough calls, covering enough possibilities, and a selective enough memory, anyone can recount a lot of correct calls…

            TBH I don’t know if Gary has been doing this, and I’m not accusing him of it. But the most vocal call he’s been making recently has been for $1000 gold (due to manipulators wanting a lower starting price and higher % profits during the ensuing rally).

            This isn’t implausible. But I wonder whether Gary will be citing it if it doesn’t happen… And if he doesn’t, what are we to make of what could be a totally one-sided self-representation of his track record, motivated by financial interest?

            (In my book, not too much…)

            Oct 22, 2013 22:48 AM

            We will certainly see just how this works out.

          Oct 21, 2013 21:08 PM

          You bet they both have, xlurkr.

      Oct 20, 2013 20:38 PM

      Take personal responsibility, b?

      Now there’s a novel idea!

    Oct 20, 2013 20:49 PM

    Good for you Ann but at least now you have the real facts and information about his past record and performance and you can decide accordingly.

      Ann
      Oct 20, 2013 20:39 PM

      Pibe…As the Rev stated…I also really appreciate your opinions.I believe you are honestly telling it the way you see it.so, kudos to you.

        Oct 20, 2013 20:05 PM

        Thank you Ann!

    Oct 20, 2013 20:19 PM

    I always play close attention to the Sunday might action and I don’t like what I am seeing.
    I have already gone on record several times, but will reiterate once again.
    I have never had any respect for so called “experts” who have to make their money by selling selections. I have always been a strong believer in putting your money where your convictions are and making your money only by your own skill at the speculation you choose. I choose horse racing and I made my money based on my conviction and my own money. I never needed to sell my selections. That in my book is scope out. And yes I too reverend could have taken that route. People wanted and valued my opinion. I was, like to think still am, extremely good looking. Have a b.s. In computer science and mathematics but don’t have any gift of the gab. I did my homework. So even though I don’t respect him, have warned people to shin him, I have never been indicative or plan on starting.

    Oct 20, 2013 20:49 PM

    I like that Al, yes in the interest of sanity it would be good if the comments were at least intelligible. I know even myself when I am rushing on my iPad and this autocorrect and small keyboard has been known to make a mistake or two…

      Oct 20, 2013 20:19 PM

      Of course, The Greater!

    Oct 20, 2013 20:37 PM

    So I guess this means the franky, Ann Barnhardt, Cory Flech, Al Korelin round table is off. 🙁

      Oct 20, 2013 20:20 PM

      Why would you say that?

        Oct 21, 2013 21:14 AM

        I salute you in your attempt to keep this site sane. Several PM sites are not and full of mean spirited slightly off topic stories that are aimed at keeping people’s minds occupied with chaos, anger and paranoia.

        Re: Goldman Sachs says that gold is a slam dunk sell. I just bought 2 grams of 99.99 gold GS! and some silver rounds.

        Here is a video from CNN taken at the Westgate Mall. The attacks the Ron Paul Institute blames on the US which has as much to do with reality as believing in the tooth fairy.

        http://www.youtube.com/watch?v=HLICmJwR3P4. I recommend watching it.

        One gentlemen to have on as guest in y most humble opinion, is a man named Charles Savoie who is banned from nearly every PM site. He is only known by the intrepid few. He has never said anything that can be described as racist, hurtful, mysoginist or inflammatory. All his research is based on historical documents.

          Oct 21, 2013 21:13 PM

          That was a difficult video to watch.

          Not sure why Ron Paul would say something like that.

        Oct 21, 2013 21:16 AM

        by strong franky !

        Oct 21, 2013 21:29 AM

        Very true. Good punt Barry! But where is VP Joe Biden? He has been on a Federal govt payroll since 1974. Orrin Hatch since 1976!. Is this not the definition of wasteful spending?

        Oct 21, 2013 21:09 PM

        Cute, James

    Oct 21, 2013 21:36 AM

    Evans bright and early is now spinning the December taper. More lies and propaganda from the fed to keep taper always on the table but never in reach

    Oct 21, 2013 21:53 AM

    http://finance.yahoo.com/blogs/daily-ticker/jpmorgan-just-first-domino-bill-cohan-162045710.html

    This might start putting a stop at proprietary trading. Or JPMorgan might just be an scapegoat. Let’s see what happens in the next months.

      Oct 21, 2013 21:18 PM

      A stop or a scapegoat? What do you think?