Jim Rickards A Sobering Calculation on the Dollar / Gold Price Ratio – Video
Tangent Capital Partners Senior Managing Director Jim Rickards discusses the price of gold on Bloomberg.
Yes, he does Scooter… I’m starting on his books as they’ve been on my reading list for a while. Hey, question for the folks out there… Are you having a harder and harder time watching the drivel on business news out there? There is horrible misinformation out there. I wonder if/when we will get to a point when the media can no longer carry the water for our politicians?
Man you said it Brad. The business news was a sight. I spent Christmas watching TV because there was no internet. Very repetitious. The same story was being picked up by virtually every news network continuously too so you could not escape it by flicking channels. Wasn’t long before I just gave up on it again and got bored. Just no depth there and too much being ignored that I think is important. Bloody brainwashing machine.
Have you heard of the part payment plan, a partnership in the future progress of the country. Business is doing better than ever. The new era has arrived and Yellen is in control. Can you buy this thinking? DT
Is new area kind of like the new business paradigm the “experts” were pushing back in the late 90″s!
Well Al, for me the new era is the unruffled conscience that people have as long as prices rise, The Big Bull Market is covering a multitude of sins, but it is a desperate remedy that cannot work. DT
DT,
You are so right. Very, very wise analysis!!!
China Imports of Gold Drop by 42%
Posted on January 2, 2014 by Martin Armstrong
Home
The South China Morning Post has reported a sharp drop by 42% in gold purchases coming from China. This is typical as we held into the lows. The idea that they will just keep buying as prices fall is wishful thinking. China should relax its demand as prices decline.
Martin Armstrong?? Be serious.
Still mad at him for calling the top in gold?
Thanks Franky, I am starting to look into this.
Fukashima is pretty scary stuff. Be nice if we heard someone present solutions instead of just scareing people.
6 years to poison the pacific, then maybe what? 10 for the rest of the world?
They better move up the schedualing for that mars colonisation mission.
Course some people think Mars is where we came from in the first place.
Maybe we just jump back and forth, who knows?
The third reich never died? hmmm facism, step by step, except its already here, besides, we will need someone to keep order from the chaos as we deal with fukashima.
The problem is that few have the expertise to assess the long term impact of this natural disaster. Yes, you can find ‘experts’ who get interviewed and provide very dire predictions.
But I remember that the same thing happened when we had the terrible oil leak in the Gulf of Mexico. There were experts who came on international news networks with all manner of dire predictions. One fellow said it was going to be necessary to detonate a nuclear bomb underwater, to stop the leak.
Few people outside the gulf coast even seem to remember the events at this point.
My point is not to suggest that the horrible events at the nuclear power plant in Japan won’t have a long term impact. My point is that I have no idea and no confidence in what the range of ‘experts’ is telling us.
Hi Eric, I remember the “nuke it” talk. I guess the russians had the same thing happen to them, they nuked it right away and stopped the leak.
I also heard that the oil could cause a disruption of the ocean currencts, causing some very cold weather. I dont know if thats true but its been kinda cold in Canada lately.
I just kinda figure that the Japanese should have invited evewry scientist and nuclear person over to fukashima imediatly, especialy the Russians as they are the most experienced in the world with that stuff having dealt with chernoble.
Some people say its pride or politics that stops the Japanese from asking for help.
All I know, is I dont trust them, they have lied to us repeatedly and the only reason I can figure they would lie is cover ups.
300 tons of contaminated water a day doesnt sound good to me.
Same as it ever was,Frank.
USMC Maj Gen Smedley Butler told us all eighty years ago:
…..the flag follows the dollar and the soldiers follow the flag.
I wouldn’t go to war again as I have done to protect some lousy investment of the bankers.
Smedley Butler on Interventionism
— Excerpt from a speech delivered in 1933, by Major General Smedley Butler, USMC.
http://www.fas.org/man/smedley.htm
Who were the winners?
Charles nenner called the gold top with his cycles annalsys.
Gotta like Jim. Keeps things in perspective…