Gary Savage – Thu 7 Nov, 2013

More thoughts on manipulation from Gary Savage

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Featuring:
Al KorelinCory FleckGary Savage

Comments:
  1. On November 7, 2013 at 12:55 pm,
    Glen says:

    Of course there is manipulation. This has nothing to do with the illuminati or any of the conspiracy crap. Manipulation is done legally by the Treasury Dept using funding from the Exchange Stabilization Fund, or ETF. There is a comittee called the Presidents Working Group on Financial Markets that makes the decisions on how the funds will be used. The Treasury Sectretary is on this committee. This Commitee manipulates all markets including gold and silver. As far as when they are in the markets I say they are there hour by hour, monitoring all markets and make decisions on a moment to moment basis. This really is more important to the day traders out there than for us stackers. We just buy and hold in a rabbit hole.

    • On November 7, 2013 at 1:00 pm,
      franky says:

      YES YES GLEN YO WAIK UP PUT SAME DRONES AND BOMBING PAKISTAN GO BECK SLEEP OK !

  2. On November 7, 2013 at 1:07 pm,
    Glen says:

    OK FRANKY I go BECK SLEEPY TIME NO I GO WOK DOG !

    • On November 7, 2013 at 1:11 pm,
      franky says:

      DON’t GEVE UP BUY COLOSSUS , GOLDEN MINERALS , AND PVG BUY DAY ARE VREEEEEEEEEEEEEEEEEEEEEEE BUY BUY MAN !

      • On November 7, 2013 at 1:11 pm,
        franky says:

        AND REAL SILVER GOLD BUY !

        • On November 7, 2013 at 1:14 pm,
          franky says:

          YOU MAST NOW 1 TING DISS PAPPER PLAY ARE SISSYS DAY WILL FUK UP BUY

      • On November 7, 2013 at 3:18 pm,
        Bird Man says:

        Oh I get it. Franky is a stock pumper pretending to be a moron while getting coded information on certain trades across to others without attracting the attention of the NSA or SEC. He can’t use email or phones without getting caught so instead he piggy backs his timed deals on the Korelin Report whist posing as a European retard.

        • On November 7, 2013 at 4:21 pm,
          Big Al says:

          Jiggers, the game is up!

          • On November 7, 2013 at 9:16 pm,
            Bird Man says:

            He is craftier than I thought.

        • On November 7, 2013 at 5:25 pm,
          franky says:

          AL UP TO YOU ? AL ?

          • On November 9, 2013 at 9:30 pm,
            Big Al says:

            Sorry Franky,

            I don’t understand.

    • On November 7, 2013 at 3:56 pm,
      Big Al says:

      Glen,

      Are you a rap composer in real life?

  3. On November 7, 2013 at 1:18 pm,
    JERRY the Long..................O^OTB says:

    Glen……what is the difference between ….manipulation and conspiracy?
    what need is there for manipulation….if there is not a purpose,,,and if there is a purpose,,,then there might well be a conspiracy.
    The treasury department can run by it’s self….it is in the constitution….,,,to coin money…..,,,,the conspiracy is the fact that we have a FED….ran by private banks…, which manipulate….and that is a conspiracy against the American people…..

    • On November 7, 2013 at 1:20 pm,
      JERRY the Long..................O^OTB says:

      the conspiracy is to rip off the people , by charging the govt. interest , a percentage point, usuary, on money created out of thin air………if , that is not a conspiracy ,,,then I must be dreaming…………

      • On November 7, 2013 at 1:24 pm,
        JERRY the Long..................O^OTB says:

        besides who ,,,appoints the Tres. secretary?, ,,,men in high places,,,which are the bankers,,,Goldman,,,,insiders……the manipulators,,,,there is a conspiracy and the conspiracy is the fact , that the entire world is in bondage to a few BANKSTERS……….

    • On November 7, 2013 at 3:57 pm,
      Big Al says:

      Aren’t semantics wonderful!

  4. On November 7, 2013 at 1:26 pm,
    Glen says:

    It is not a conspiracy Jerry. It is the law. The ETF and laws that pertain to it were made law in 1934. The President’s working group was created some time in the Reagan era. If something is the law that makes it legal. It is not talked about much but it is not a secret. Go to the .gov site on the Treasury Dept and you can find information. Google the Presidents Working Group on Financial markets. QE is market manipulation as well. It’s legal and not a secret to anyone.

    • On November 7, 2013 at 1:44 pm,
      JERRY the Long..................O^OTB says:

      Come on Glen………..ETF….,,,by who?
      President’s working group?….REAGAN was part of the existing problem….try energy….do some home work on the sell out of REAGAN on the DOE…..and the FmHA.
      Treasury DEPT….like we can trust what they have to say…..,,,,they can not even balance a check book,,,,with out sneaking and shorting other book entries….
      Presidents Working GROUP….on FIANCIAL MARKET…..,,,now that is noval,,,,
      QE…is a secret to 99% of the American people….who, do not understand what it means, QE….is a secret code name,,,,that is why they have to use a stupid name like QUANITATIVE EASING….,,,The major of people including investors did not know what that meant….as well as operation TWIST……

      • On November 7, 2013 at 1:51 pm,
        Glen says:

        Jerry, I am by no means defending the Treasury Dept or the Presidents Working Group on Financial Markets or any other Fascist laws that we have in place in the US. You should know though that these ways and means that the guv uses to manipulate markets are in place. Don’t kill the messenger. If I had my way, I would just leave the country. Oh, I already did that.

        • On November 7, 2013 at 2:02 pm,
          JERRY the Long..................O^OTB says:

          Not a problem…..but, if you already left….do not defend an unjust situation. Many of the sheeple will be toast…..by their stupidity of believing the GOVT IS HERE TO HELP..
          do not condone a system which is at odds with the welfare of it’s citizens…

          • On November 7, 2013 at 2:16 pm,
            Glen says:

            Not once did I condone what is going on. I just pointed out the laws and institutions that are in place that most people do not even realize are in place. Not one politician is discussing changing these laws with the exception of Obama Care. And, it should be pointed out that in 2008 when we had the financial crisis, the only thing that saved our rear ends was blatant market manipulation in the form of the TAARP program. No one complained about that. I don’t condone these kinds of things but if it wasn’t for the TAARP program many people would have lost what little money they had in the bank as well as possibly their pensions. A bad situation all around. The Government can justify all these actions by saying it was done as a matter of National Security. Lets face it our nation is in deep POOP. If the Fed stops QE the results will be catastrophic for our great nation.

          • On November 7, 2013 at 4:08 pm,
            Big Al says:

            First of all, not in deep poop but drowning in deep poop!

            And secondly, QE cannot be stopped at this time.

            Trust me, I am from the govt and I am here to help you.

          • On November 7, 2013 at 2:27 pm,
            JERRY the Long..................O^OTB says:

            Glen….I agree ,,,,the Nation is in deep POOP…..,,,and I agree that not one POLITICIAN is discussing….THIS IS THE TWO HEADED SNAKE AT WORK….,,,ALL the CONGRESS SHOULD BE DISMISSED…SHUT DOWN THE GOVT….
            THE govt…via the POLITIANS have run this country in the ground….the money makers BANKSTERS are the MAIN problem…………..

          • On November 7, 2013 at 3:40 pm,
            Jerry(Gator)M says:

            JERRY the long: Problem is my man that there are more of the stupid that are allowed to vote than there are of the informed. That’s why Congress and the idiot in the White House will stay in place and continue the destruction of the U.S.
            Solution: Enjoy life while you can. Explore the waterways. Enjoy a scotch and water at the end of the day.

          • On November 7, 2013 at 4:23 pm,
            Big Al says:

            A scotch and water? Not my style? Three scotch and waters? Getting there!

          • On November 7, 2013 at 4:03 pm,
            Big Al says:

            Maybe I mis-spoke you are open minded. Hence “out of the box”!

          • On November 7, 2013 at 4:56 pm,
            JERRY the Long..................O^OTB says:

            HOP SCOTCH……..beer with a whiskey chaser……..

          • On November 9, 2013 at 9:25 pm,
            Big Al says:

            I cannot tell you how sick I would get!

          • On November 7, 2013 at 4:58 pm,
            JERRY the Long..................O^OTB says:

            Whisker chaser…….Irish tony………….

          • On November 9, 2013 at 9:26 pm,
            Big Al says:

            Common Jerry we have kids on our site!

          • On November 7, 2013 at 5:02 pm,
            JERRY the Long..................O^OTB says:

            JERRY GATOR…….how was Sinclair…..got any info to share,,,,that we do not know, or should know………When you start talking about whiskey River tours,,,I become concerned….
            .WHISKEY RIVER…WILLEY NELSON….1987…somebody bring up the melody…..and paste

  5. On November 7, 2013 at 1:28 pm,
    57 corvette says:

    G man,
    You have been on fire lately. Kudos. Just a quick question. Would you sell the dollar long, euro short trade here? I’ve got huge profits in this one and don’t want them to fade away if the dollar put in a top today.

    • On November 7, 2013 at 1:39 pm,
      Glen says:

      I think you should ask Gary Savage. If you follow my trading advice you will go broke.

      • On November 7, 2013 at 2:10 pm,
        57 corvette says:

        I was asking Gary (G man).

  6. On November 7, 2013 at 1:30 pm,
    JERRY the Long..................O^OTB says:

    And Just who made a law against the people….Laws are not made to benefit the people of a FREE SOCIETY……..Laws put people in BONDAGE….and this is what we have with the INSIDERS…who HELP manipulate , and coordinate the LAW…, the Justice DEPT is broke….and the Laws are being written agains the CONSTITUTION………

    • On November 7, 2013 at 3:59 pm,
      Big Al says:

      Laws being written again the Constitution? That sounds crazy!

  7. On November 7, 2013 at 1:38 pm,
    Glen says:

    Using your analogy, we have to say that ObamaCare is also a conspiracy theory, probably planned and coordinated by the Illuminati. It couldn’t just be bad legistlation written by a socialist/Liberal Kenyan Moslem Non-US citizen President. Unfortuneately, its the law. Its not some wild conspiracy theory.

    • On November 7, 2013 at 1:47 pm,
      JERRY the Long..................O^OTB says:

      A law can always be changed….and try BLUE LAWS….how about prohibition…..

    • On November 7, 2013 at 1:57 pm,
      JERRY the Long..................O^OTB says:

      Glen,,,,YOU need to think out side the box….
      Healthcare is a new invention……Prevention is what we should be doing….
      Health care,,,by scare tactics of being audited and strong armed by a group of thugs,who do not want to be part of the healthcare law…and opt out,,,,,along with the SENATE AND CONGRESS, JUSTICE DEPT……..I WOULD CALL THAT A CONSPIRACY….

      • On November 7, 2013 at 2:03 pm,
        Glen says:

        I put the blame on Demographics. We are a new nation. A nation of socialist liberals. Good Conservative Republicans are a dying breed. Looking into the future we are going to have even more Libs. We are outnumbered and it doesn’t look good for conservatives. The Libs want free, government health care along with a 15 dollar minimum wage and food stamps and entitlements. Libs feel that this is their birth right. We are outnumbered. I guess I do need to think outside the box. Help me please?

        • On November 7, 2013 at 2:06 pm,
          JERRY the Long..................O^OTB says:

          Glen…..there never was a good republican…..You need to go back to 1837…under Jackson to even see anything that is for the people and the country….
          I have written on this before…..what we have is a TWO HEADED SNAKE…
          THE DEMOCRATIC REPUBLICAN SNAKE….there is no difference……..

          • On November 7, 2013 at 2:19 pm,
            Glen says:

            OK, let me change the term. Not Rep or Dem. Just Conservative. Without a large and strong Conservative base we will continue on the same path.

          • On November 7, 2013 at 2:33 pm,
            JERRY the Long..................O^OTB says:

            What we need most is for a group of MEN…go to WASHINGTON …..for only two week out of the year,,and go back to their STATES …..WITHOUT PAY….NO PERKS…….PERIOD

          • On November 7, 2013 at 4:14 pm,
            Big Al says:

            Out of the box, please no common sense comments.

          • On November 7, 2013 at 2:36 pm,
            JERRY the Long..................O^OTB says:

            We do not need a GROUP….being paid by special interest,,,,we do not need a PRETEND PRESIDENT,,,which is chosen by THE GROUP….

          • On November 7, 2013 at 2:40 pm,
            JERRY the Long..................O^OTB says:

            Glen……thanks for the conversation……appreciate you letting me RANT….respectfully ootb….jerry

          • On November 7, 2013 at 4:18 pm,
            Big Al says:

            I tried to spam your commentary, Bird. Any idea why I couldn’t do that?

          • On November 7, 2013 at 4:05 pm,
            Big Al says:

            Now on a serious note, I am not sure I completely agree with you on this one regarding either party.

        • On November 7, 2013 at 4:04 pm,
          Big Al says:

          I will talk to my doctor and see if I can get you a prescription!

          • On November 7, 2013 at 11:00 pm,
            Bird Man says:

            Spam my commentary? If by that you mean “delete” I think there is a button for that!

          • On November 9, 2013 at 9:59 pm,
            Big Al says:

            Joke, Bird, joke!

      • On November 7, 2013 at 4:02 pm,
        Big Al says:

        You need to be a little bit more opened minded, the Short!

        • On November 7, 2013 at 4:53 pm,
          JERRY the Long..................O^OTB says:

          Al….open minded ness…..is the problem with this mess…….A closed mind,,and a closed govt. is as close to open mind ed ness as one would need in this distress………….

  8. On November 7, 2013 at 1:39 pm,
    franky says:

    glen i live in europe i talk gold may city 10 years a go now people ask me gold what you think ! Don’t underestimate the elite the sheeple will buy GOLD THE ELITE won’t bid the price up the sheeple will ? the nam off the game is control !

    • On November 7, 2013 at 1:41 pm,
      Glen says:

      Franky, no one knows when gold will have its day again. I hope its sooner rather than later. I GO WOK DOG!

      • On November 7, 2013 at 1:47 pm,
        franky says:

        ok long wok is good ! and drink 1 vore me and wok the dog 1 more ! nice wok glen !

      • On November 7, 2013 at 2:13 pm,
        Matthew says:

        I hope it’s not someone’s pet that you intend to “wok.”

        • On November 7, 2013 at 2:32 pm,
          franky says:

          ha ha ha good 1 Matthew ha ha ha !

        • On November 8, 2013 at 12:26 am,
          Bird Man says:

          Tried it once. Dog tastes TERRIBLE!

  9. On November 7, 2013 at 2:07 pm,
    Bird Man says:

    “I told my subscribers that evening on October 9th the Fed is going to,… and by Fed I mean, you know, the Fed is going to give the banks money with instructions to buy the market. But I said the Fed is going to try, the Fed is going to throw everything they have at this market on Thursday and Friday to abort this correction. The very next day the S&P was up 30 points….no 40 points…uh, yeah, that was it.”

    • On November 7, 2013 at 2:08 pm,
      Bird Man says:

      Wow….that is damning evidence of insider work, Gary. Someone quick, contact the SEC.

      • On November 7, 2013 at 2:13 pm,
        Gary says:

        I don’t think you understood what I was saying. The market bottomed way too early. If the daily cycle had been allowed to run it’s normal duration the cycle still had 2 weeks before it was due to bottom. Oct. 9th was way too early for the cycle to form a final bottom.

        • On November 7, 2013 at 3:09 pm,
          Bird Man says:

          Oh sure, I understood you precisely, Gary. Your claim is that the Federal Reserve is fixing the markets behind the scene in collusion with the big banks and that the directives are coming right from the top. Obviously only the highest ranking people there have the power to release the amount of funds required to do the dirty deeds. You in effect allege a conspiracy and seem to imply investors were cheated by the action as the market should have fallen but instead it rose in value 40 points. Basically all the evidence you have to work with is your proprietary series of daily and interim cycle theories (a system that is inconsistant to say the least) as proof, but you find that sufficient to accuse the Fed of serious, even potentially criminal wrongdoing.

          Feel free to correct me where I am mistaken in reading into your comments.

        • On November 7, 2013 at 3:46 pm,
          Jerry(Gator)M says:

          Gary: Bird Man never will understand. Why waste your time. Your calm reasoned responses to your critics on this site are refreshing. The information you provide is appreciated. Regards!!

          • On November 8, 2013 at 12:24 am,
            Bird Man says:

            Bird Man understands better than you know, Gator.

        • On November 8, 2013 at 6:22 am,
          Rimbuman says:

          In America you still have the PTT, don’t you?

          • On November 10, 2013 at 8:52 am,
            Big Al says:

            I believe that in America, we still do Rimbuman.

      • On November 7, 2013 at 3:12 pm,
        b says:

        Hi Bird. fdr takes gold and increases price. manipulation? Johnston tells the american people, “dont hoard, you wont make anything. Government will make sure of that” manipulation?
        Plunge protection team? 85 billion a month?

        All Gary is doing is telling you what he sees as he watches it happen.
        As far as I am concerned I figure at least he takes it into account.
        But honustly, I really dont know if it matters either, we hear from other ta guys that dont take it into account, and their pretty good too.

        • On November 7, 2013 at 3:25 pm,
          Bird Man says:

          The key words he used here were “the Fed is going to give the banks money with instructions to buy the market”. That is an assertion of impropriety, B as opposed to an observation of facts. Obviously Gary does not know and neither does anyone else. He is just making stuff up as I already noted yesterday.

          • On November 7, 2013 at 4:41 pm,
            b says:

            I got a laff outa that one bird. OF COURSE he just making stuff up.
            He is totaly guessing, we havnt had price discovery for how long now?
            Until it happens I think everybody is guessing. Its a controlled market, how is TA gonna work? As I said, I like Garys aproach and I listen to everything he has to say here. (and I actually dont think he is totaly making stuff up, but has reason to think the way he is) Gary, I dont mean to sound like your flippin coins. Thats more my way.
            We do what we can with what we have, what else can we do?
            I for one hopes Gary gets on a roll and those of us watching get a profit out of it.

          • On November 9, 2013 at 9:23 pm,
            Big Al says:

            You never know b.

            Gary is just looking at the action and giving yet another opinion.

          • On November 7, 2013 at 5:00 pm,
            gary says:

            Let’s look at it logically. The Fed has stated publicly many times they are trying to create a wealth effect by inflating stock markets. 85 billion a month is obvious manipulation. There’s no questioning that.

            Now the Fed has spent a trillion dollars over the last year to pump up the stock market and bond market. Does it really sound illogical that they wouldn’t protect their investment? I mean a trillion dollars is a pretty darn big investment.

          • On November 7, 2013 at 10:35 pm,
            Bird Man says:

            Ha Ha! Good one Gary. So you think the Fed is just pounding dollars into the market and taking losses day after day so that others can feel richer and every stock investor can get a free ride at the expense of the American public?

            Seriously Dude. Do you think those guys hate money that much?

            I promise you Gary they will never give any of it away for free. If there is a wealth effect it is one that must be propelled by the energy of the funds, hedges, retail investors or pension plans etcetera. The Feds job is primarily one of communication to create a sense of confidence amongst market participants.

            In conjunction with that they are engaging in a bond buying and Treasury purchase program designed to push down rates and so by virtue of those three primary actions (communications, purchases and rate modification) drive up consumption and breathe more life back into the housing market.

            Naturally that also drives a wealth effect and can be positive for stocks. It is not the same as giving away free money though. Neither is it a manipulation if it is a stated policy or the efforts are carried out within the law.

            So OK, I think you have some pretty big misunderstandings about what is being done and maybe I have been taking you too seriously so far. I suggest you get away from reading KWN and the conspiracy sites for awhile and focus on what is actually being done for a change because your views are going to wreck your investing. Not the least of which is the fact that there is not a true Bernanke put under the market. It can still fall and fall very hard indeed. If you start drinking your own Kool-aid you will begin to think that equities are bullet proof because of the Fed and that is just a setup for heartache in my opinion.

            There is quite a big difference between handing out free cash to make sure markets don’t fall and lowering rates to stimulate economic activity. You should appreciate that if they are buying up every market decline as you suggest that they are also taking massive losses on their books.

            They are NOT boyscouts Gary and they are not some benevolant uncle or charity either. Nor do they anticipate losses on their bets either. The interventions are intended to be benign where the books are concerned even if the assets are held for a period of many years. The MBS will eventually be sold back into the market at a profit (although some people doubt that is going to be possible). But a little currency devaluation will go a long way here. I have no doubt the books will balance in the end if only in nominal terms.

            What you are suggesting instead is a mechanical linkage between the Fed and the Banks whereby at their beck and call they will regularly buy up any equity losses and ensure everybody is a winner in the stock casino. That seems pretty generous to me. Pretty stupid of them too. Equities are far more volatile than bonds. Even if they did buy up the market as you suggest then how would they ever get out without crashing it?

            I guarantee that is not what they are doing. Nobody is planning on going broke to save the US economy or the world and the last of those with such an intention is going to be the Federal Reserve and the big banks. All of them are in the business of making a profit at the end of the day. So your conclusions are pretty much at odds with the very nature of the banking system and don’t make any sense to me at all.

          • On November 7, 2013 at 10:48 pm,
            Bird Man says:

            “85 billion a month is obvious manipulation. There’s no questioning that” ~~ Gary Savage

            I am sorry to say this but I have grossly overestimated your knowledge of the interventionist policies of the Federal Reserve and your understanding of what the programmes are intended to achieve. Bond buying does not equate to equity market intervention in any event. I strongly suggest you do a review of the fundamentals to get a better appreciation for how Fed policy is intended to be supportive of markets.

          • On November 11, 2013 at 12:06 am,
            Bird Man says:

            Al, if Gary can support what he is saying with something other than blind conjecture and accusation I might take him more seriously. He is just grasping at straws though. His only evidence is that market prices don’t align with his cycle theory which is more proof his system stinks than it is proof of wrongdoing.

          • On November 11, 2013 at 2:06 pm,
            Big Al says:

            I don’t really think that he is doing anything other than giving an opinion. Which, of course, is nothing more than pure conjecture. But, that’s okay!

      • On November 7, 2013 at 4:06 pm,
        Big Al says:

        They wouldn’t return my phone calls, Bird!

        Do you have perhaps a better number than I do?

        • On November 7, 2013 at 9:26 pm,
          Bird Man says:

          No worry Al, The Fed reads your site already. It’s better than telepathy.

          • On November 8, 2013 at 1:04 pm,
            JERRY the Long..................O^OTB says:

            Freedom of Information Act ,,,,,ya know………

          • On November 8, 2013 at 1:06 pm,
            JERRY the Long..................O^OTB says:

            Our Freedom …….their act for the information…….

          • On November 9, 2013 at 9:43 pm,
            Big Al says:

            I have been told that before!

          • On November 11, 2013 at 12:12 am,
            Bird Man says:

            They read these sites to guage investor attitudes and sentiments to the policies. It is well know that the Federal Reserve takes pains to survey opinion off the more popular blog sites (just like this one). It is called informal feedback.

  10. On November 7, 2013 at 2:25 pm,
    b says:

    Well, I for one am glad there is recognition of a controlled economy at least.
    I call the markets,corrupt ,crooked and manipulated but maybe all it is is a “controlled” economy.
    I am happy to see discussion and opinions. Controlled economies as most understand eventually colapse, I expect this one will too. Its just how is the guesses. Personaly,I like J.Rickards thinking, but Maloney does great work too.

    Anyway, we are on a precipise of a nulclear explosion supposedly large enough to eliminate half of Japan and requireing an evacuation of many people on the west coast.
    I would expect that we will continue to trust tepco with the situation even if they are incompetant and lie thru there teeth to us about it.
    As there is nothing I can do about it my only question has to be “How can I make a buck off it?”
    What happens to gold should it go off? Apperently some scientist now give an explosion a 95% chance of happening.
    Anyone have a thought?

    • On November 7, 2013 at 2:48 pm,
      Glen says:

      I don’t even think about making a buck out of this. All I want to do is survive. Or, should I say, preservation of capital is very important to me. I haven’t been doing a very good job of it either. However, I believe that a lot of people are going to lose their life savings when the great leveling happens. I truly believe this event will happen before President Obama leaves office.

      • On November 7, 2013 at 4:47 pm,
        b says:

        Thanks 4 the link Al. scarey stuff.

        • On November 11, 2013 at 12:13 am,
          Bird Man says:

          Do not believe it for a second. All fur and feathers intended to scare you.

  11. On November 7, 2013 at 2:58 pm,
    b says:

    Glen, when the invasion of Iraq happened, I screamed to anyone that would listen it shouldnt happen etc etc etc.
    Waste of effort and breath. I realised, my mistake was not making money off it.
    Kinda like chocolate, children are litteraly sold into slavery and are worked to death so the western kids get chocolate at easter xmas etc. Nothing I can do about it.
    Nobody really care, so, the only option I have, (as an invester) is how do I make a buck?

  12. On November 7, 2013 at 3:01 pm,
    b says:

    Dont get me wrong, I think the Russians<canadians,american,chinese should all send their scientists NOW (last month) and we should boot tepco out of there and come up with a way to deal with it.
    But just because I think that makes sense doesnt mean its going to happen. I think nobody cares enough to do anything. And nothing will get done, tepco will continue and we very likly get the explosion.
    So, how do I make a buck? Which way does gold go?We have seen a few times events that "should" cause gold to rise but dont, what happens with this one?

    • On November 8, 2013 at 12:21 am,
      impeach says:

      It’s not like they needed more scientists and engineers in Fukushima, they need an army of stupid willing to die in a bath of radiation. There actually is one that fits this description, it’s called the U.S. DHS. They still need plenty of boot camp to be able to get out of the reactor building with more than a shovel of nucu crap before they throw up and die.

      • On November 10, 2013 at 8:39 am,
        Big Al says:

        This is getting to be an interesting subject.

        Many say, “big problem” and others say, “no big problem”.

        I guess we will find out who is correct.

        • On November 11, 2013 at 12:17 am,
          Bird Man says:

          Environmentalist agenda. The arguments are paper thin. Don’t believe any of it.

  13. On November 7, 2013 at 3:04 pm,
    Glen says:

    b, no biggy. You can make a buck at this that is great. Very hard to make a buck in these markets. And, in my view the trick will be keeping the buck. Thats where capital preservation comes in. Once the great leveling happens there will be plenty of undervalued assets for the shrewd investor to pick up cheap.

    • On November 7, 2013 at 3:13 pm,
      Bird Man says:

      Will Vanouver real estate finally be one of them?

      • On November 7, 2013 at 3:17 pm,
        b says:

        Fukashima goes off, I think you want alberta real estate, west coast property might get real inexpensive real quick.

        • On November 7, 2013 at 3:28 pm,
          Bird Man says:

          Sign me up on your newsletter if I can get another place there cheap. I am too old to be bothered by the cancer risks of radiation anyways. Hell, Vancouver is mostly designed for older folks anyway.

          • On November 7, 2013 at 4:04 pm,
            b says:

            lol bird, I kinda think the same way. I grew up there, love the place, my darn daughter and grandkid lives in Calgary tho so whatsa guy to do?

          • On November 7, 2013 at 4:22 pm,
            Big Al says:

            You obviously have not been back there for a long time, Bird!

          • On November 7, 2013 at 10:55 pm,
            Bird Man says:

            A really long time Al. Honestly, no serious plans to return there either although I have to admit the West Coast Island lifestyle is pretty nice. Maybe the best life on the planet. I just hate all that rain and cold weather though. Arthritis and all that jazz….

          • On November 9, 2013 at 9:54 pm,
            Big Al says:

            Bird,

            I cab truly relate to the comment about cold, rain and arthritis!

  14. On November 7, 2013 at 3:15 pm,
    b says:

    This leveling? You want cash or gold or both?
    Are you refering to the “crash” gurus be talkin about lately?

  15. On November 7, 2013 at 5:04 pm,
    b says:

    Brent Crude Traders Claim Proof BFOE Boys Rigged Crude Oil Market
    Four longtime traders in the global oil market claim in a lawsuit that the prices for buying and selling crude are fixed — and that they can prove it.

    Some of the world’s biggest oil companies including BP Plc, Statoil ASA, and Royal Dutch Shell Plc conspired with Morgan Stanley and energy traders including Vitol Group to manipulate the closely watched spot prices for Brent crude oil for more than a decade, they allege. The North Sea benchmark is used to price more than half the world’s crude and helps determine where costs are headed for fuels including gasoline and heating oil.

    The case, which follows at least six other U.S. lawsuits alleging price-fixing in the Brent market, provides what appears to be the most detailed description yet of the alleged manipulations and lays out a possible road map for regulators investigating the matter.

    No surprises here. This Bloomberg story was posted on their website early yesterday morning Denver time…

    • On November 9, 2013 at 9:29 pm,
      Big Al says:

      Thanks b!

  16. On November 8, 2013 at 12:47 am,
    Bird Man says:

    Did I just hit my daily limit? Two posts and they refuse to accept. Weird. I tried to spam your comments too Al but the system is telling me to get lost. Enough for today. I am bored with Gold anyway.

    • On November 10, 2013 at 8:41 am,
      Big Al says:

      Note sure what “daily limit” is all about.

      Gold getting boring? Well, I will say, for the time being, it is a bit.

      • On November 11, 2013 at 12:37 am,
        Bird Man says:

        Yes, Al. I feel bored with gold. Lately it has just not been interesting although it is actionable on short term trades. The gold camp has just run out of gas as to why prices must go up. All of what they are saying is wrong, wrong wrong and I am tired of reading the same old crap day in and day out. It is why I decided I don’t want to post about metals anymore. Everything has already been said.

        Maybe we should discuss the future of uranium, corn, wheat, cotton or anything else.

        • On November 11, 2013 at 2:09 pm,
          Big Al says:

          We will be discussing other sectors than just precious metals.

          I do repeat; however, that there is definitely for me a place for precious metals. Not just as an end all – be all!

  17. On November 8, 2013 at 12:53 am,
    Bird Man says:

    OK Al…your system is totally breaking down. Three failed posts in a row. Three versions all basically the same. None worked. Hey I hate computers as much as you but I hate wasting time even more. Maybe it is links to music that won’t take.

    • On November 10, 2013 at 8:42 am,
      Big Al says:

      I just sent this on to Sarah, Bird.

  18. On November 8, 2013 at 1:48 am,
    Andrew de Berry (Rev) says:

    AM I THE ONLY THICK ONE AROUND HERE? BUT AS I SEE IT AL’S SITE IS TO MY MIND GETTING BOGGED DOWN WITH GIBBERISH, INSIDER JOKES THAT ARE LOST ON ME AND A RAFT OF SPECULATION THAT LEAVES ME MORE CONFUSED THANY EVER!

    O.K. AS IS COMMONLY AGREED KWN IS FULL OF EXCESSIVE HYPE AND PENDING DISASTER STORIES. BUT TO STOP MYSELF LOSING THE PLOT ALTOGETHER MAYBE SOME ON THIS SITE WOULD ALSO DO BETTER TO TUNE INTO DAVID MCALVANEY ONCE A WEEK OR GREG HUNTER’S REGULAR INTERVIEWS. DOUBTLESS THERE ARE OTHER DECENT PURVEYORS OF THE TRUTH RE PMS OUT THERE AS WELL.

    AL, YOU’VE DONE EVERYONE A GREAT SERVICE, AND YOUR WEEKEND SHOW CONTINUES TO BE OUTSTANDING. BUT YOUR DAILY SITE IS GETTING LOG-JAMMED WITH TOO MANY PEOPLE GOOFING OFF, WHILE LEAVING AMATEURS SUCH AS MYSELF OFTEN MORE CONFUSED THAN EVER!

    OR MAYBE EVERYONE ELSE ON THIS SITE CONTINUES TO BE BETTER INFORMED THAN EVER?

    • On November 8, 2013 at 1:58 am,
      Bird Man says:

      Like all the English you try to make a point by beating around the bush and never getting to the freaking point. What is your problem exactly? You know can just say it Reverend so we don’t need to read your mind anymore. That is what I love best about Americans. They just get in your face and tell everyone to piss off and then tell them exactly why. You Brits ought to learn something about the new diplomacy.

      • On November 8, 2013 at 2:00 am,
        Bird Man says:

        And sorry to say but your usual posts are full of ineffectual and confused insults directed at Lord knows where that nobody really understands anyway. Like shooting bullets in the air. Lots of noise and no kills. Ge with it man!

      • On November 10, 2013 at 8:45 am,
        Big Al says:

        That one I don’t agree with, Bird!

    • On November 8, 2013 at 4:49 am,
      Irwin says:

      ooooowww ouch Andrew, that hurt my ears.

      warning – Warning – WARNING
      This WILL hurt your ears .. turn volume down.
      http://youtu.be/GQ9Ll5EX1jc?t=16m49s

      • On November 10, 2013 at 8:48 am,
        Big Al says:

        Interestingly enough, when I drink Vodka (which is not regularly) that is my brand of choice, Irwin!

    • On November 8, 2013 at 7:35 am,
      JERRY the Long..................O^OTB says:

      ANDY…..if you do not understand the insider’s joke……just ask them to explain….it is like education…..a student who does not understand the teacher , but, remains in class with out raising his hand for the teacher to explain what her or she said….might wind up missing the main fact of the lesson….and each lesson adds on itself……Realize a few of us have been here for 8 years and might be a little bored……but, we are waiting for the BLAST OFF…which you do not want to miss….because it will happen , and will not last to long………………….best…….

      • On November 8, 2013 at 7:38 am,
        JERRY the Long..................O^OTB says:

        Remember ,,,,,no question is stupid,,,,if you do not know the answer,,,once you have the answer….the test becomes easy…………and no one knows it all………….

        • On November 8, 2013 at 7:41 am,
          Bird Man says:

          Will you be freaked out if i know?

          • On November 8, 2013 at 7:57 am,
            JERRY the Long..................O^OTB says:

            Nothing would surprise me at this point……did you get a copy of the test………..!

          • On November 8, 2013 at 8:20 am,
            Bird Man says:

            In my drawer. I wrote it.

        • On November 10, 2013 at 8:57 am,
          Big Al says:

          No one knows it all? Now, there is an interesting comment! (Damn, just bit my tongue again!)

    • On November 10, 2013 at 8:44 am,
      Big Al says:

      I would like to think that it is the latter. But, that’s just me.

      Your prior comments are well taken, thank you Reverend.

  19. On November 8, 2013 at 4:07 am,
    Andrew de Berry (Rev) says:

    I knew that if anyone would rise to the bait it would be you BM. I’m not trying to be British or anything else just making some points as best I know how.

    Besides there are a good few Brits who behave just like you do, where protesting too loudly is a sure giveaway.

    • On November 8, 2013 at 6:20 am,
      Bird Man says:

      I am like a big fat ornery fish Andrew. You cut the bait…I will fish and bite.

  20. On November 8, 2013 at 9:01 am,
    Andrew de Berry (Rev) says:

    OK Jerry but you might get bored if I ask too many questions..
    First one to Bird Man what the hell’s an onery fish?!
    Remember you American guys and gals – we speak a whole different language over here, or as I was told when in LA ‘ ‘Geez Andrew I just LOVE your accent’.

    • On November 8, 2013 at 12:01 pm,
      Bird Man says:

      Ornery not onery.

      • On November 8, 2013 at 1:30 pm,
        Andrew de Berry (Rev) says:

        Yeah but what is it Bird? Jerry told me to ask!!!

        • On November 8, 2013 at 1:35 pm,
          JERRY the Long..................O^OTB says:

          A….you must be reading my mind……….the airwaves must be connecting indirectly..

    • On November 8, 2013 at 1:07 pm,
      JERRY the Long..................O^OTB says:

      We never get bored…….with helping a friend……

      • On November 9, 2013 at 1:16 am,
        Andrew de Berry (Rev) says:

        Thanks Jerry you’re a pal unlike some of the inscrutable souls on this site!!

        • On November 9, 2013 at 11:31 am,
          Bird Man says:

          Yeah Andy. The rest of us are just a$$holes because we don’t see your personal point of view.

          • On November 9, 2013 at 4:30 pm,
            Andrew de Berry (Rev) says:

            Stop being so paranoid BM. Most on this site love you!

    • On November 10, 2013 at 9:02 am,
      Big Al says:

      You do speak a bit of a different language, but Kathy and I love your shows that air on PBS!

  21. On November 8, 2013 at 9:04 am,
    Andrew de Berry (Rev) says:

    By the way Gary you’ve hit a ton this time round. Congrats!

  22. On November 8, 2013 at 11:17 am,
    jhpace1 says:

    Can we get a Javascript applet on the site that undoes all Caps Lock sentences? Posting in all caps lock is like shouting in real life at a person.

    • On November 8, 2013 at 12:19 pm,
      JERRY the Long..................O^OTB says:

      Maybe that is the purpose……………and no that would not be a good idea…..
      O^OTB……..

    • On November 8, 2013 at 1:28 pm,
      Andrew de Berry (Rev) says:

      Just shouting jhpace!

    • On November 8, 2013 at 1:34 pm,
      Matthew says:

      Caps can also be used to stress a point.

      • On November 8, 2013 at 1:36 pm,
        JERRY the Long..................O^OTB says:

        and man,,,,there is a lot of stress around here………….

        • On November 8, 2013 at 1:37 pm,
          JERRY the Long..................O^OTB says:

          Pace….must be with the govt……rules…rules….rules……….

    • On November 10, 2013 at 9:20 am,
      Big Al says:

      Jhpace1,

      I have forwarded this to Sarah.

      • On November 10, 2013 at 1:00 pm,
        JERRY the Long..................O^OTB says:

        Make sure she puts it in the round file…………….