From the Cambridge House California Investment Conference 2014

February 8, 2014

Hour 1:

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Hour 2:

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This week we delve into various  factors of both the political and the financial sectors worldwide all from the Cambridge House California Investment Conference.

Hour 1:

Hour 2:

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    Feb 08, 2014 08:10 AM

    I am missing Doom Boby…..badly! Bring him on, bring him on,…..

    Feb 08, 2014 08:22 AM

    Small point Al/Cory Segments 2 and 6 should be re-titled: Seg 2 covers Corvus, Seg 6 Canasil.

    Feb 08, 2014 08:58 AM

    If the GOP just goes along to get along, the country is lost.
    May be the teabaggers will rise like phoenix from the collapse which will happen in the next few years.

      Feb 08, 2014 08:48 AM

      This is the year when the REpublican Party can clean house of those Rs their rode in on the Contract with America–that they defaulted on in every way.

      The Tea party needs to replace these big government Neocons that lied like hell, spent like crazy (especially all those emergency supplemental to fund Bush’s crusades into the Mid East) and then gave us the Patriot Act that trashed our 4th Amendment. Without a house cleaning, it’s more of the same–activity without progress, reform or change, and it really doesn’t matter if the Rs regain the Senate and gain in the House.

      This means Sen McConnell (R-KY) and Sen Gramm (R-SC) must be replaced, and hopefully Sen Mad Dog McCain (R-Az) get recalled. Also, the entrenched Neocons in the House that voted for the Patriot Act need to get the boot. They create that power for the executive branch and was first abused by Bush and now to a greater degree Obama.

      “If all men were angels, we wouldn’t a constitution” –Monroe

        Feb 08, 2014 08:04 PM

        bj ….very good points……with politicians today..(being so corrupt) might just as well , close ones eyes & stab the voting paper with a pen …..old saying “THE PEN IS MIGHTER THAN THE SWORD”……..but “NOT” when it comes to voting.

    Feb 08, 2014 08:39 AM
      Feb 08, 2014 08:21 AM

      HA……the debt ceiling will be raised because no one and red team does
      not want the blame. SPEND..SPEND …its going out of control. No arguments.

      GOLD is going to sniff this out……and when it does……

      HA……do I need to say anymore……..


        Feb 08, 2014 08:52 AM

        Jerry, I like hunter also, but his drumbeat is monotone. I will be happy when it comes true. I think he is early and we have years of pounding to endure.

          He has to keep going…..just to off set the BS.. we receive from the govt.every day.

          Feb 09, 2014 09:41 AM

          Not if Israel does its thing Bobby.

            Feb 09, 2014 09:20 AM


            Feb 09, 2014 09:10 PM

            Yes Netanyahu will not let Iran go wit its centrifuges. He has vowed as much.

            Feb 09, 2014 09:15 PM

            Bring it on and let’s get it done

      Feb 08, 2014 08:21 PM

      CFS – Greg Hunter is always worth hearing – one of the straightest guys in the business.

    Feb 08, 2014 08:43 AM

    I think the government is relying on a huge supply of light tight fracked crude oil and innovations like 3D printing to bail them out and avoid their debt based economic nemesis, so they can just continue to take more cash from the economy and loot the wealth that comes out of these innovations (that actually of course belongs to the free market and the innovators themselves).

      Feb 08, 2014 08:58 AM

      I don’t really see that ‘Her Majesty’s opposition’ of the R party can be defeated for six more terms. They will find a twist to get back into power somehow. People tire of obvious one party rule as the corruption increases exponentially over time. Just a string of really good scandals would be enough to turn the vote. Of course, whether the Pres is D or R won’t make any difference in ruth until the debt bubble collapses worldwide.
      We are into the 21st century. It is likely to be a century or maybe a half a century of total government, like in the Soviet Union in the C20th. We can therefore expect the state to continue to develop in size until it consumes everything and eventually collapses. That could easily take 50-100 years.
      Jim Dines had an interesting comment in an interview once. He said on a scale of 1 to 10, how would you rate the Great Delpressio of the 1930s? A very incisive question. He didn’t view the 30s depression as anywhere near a 10. He said what about the Soviet Union and China that were basically in depression for 60 years or more. Maybe that was more like a 10.
      I think we would be lucky to get a normal Kondratieff Winter 60 year credit collapse, with the credit bubble being pushed to the limit by government and central bank intervention and the command economy nature of things right now. We have to expect them to try to abolish the economic and credit cycles using everyone’s wealth to bail out their friends in high places. This will consume more or less everything including all new wealth from new technological innovations, which might eventuially create a disincentive for further inventions. The State will basically consume all economic growth that occurs in this period. Then the real collapse can start and wipe out this whole socialist philosophy that has developed over more than a century. Not in our lifetimes, perhaps even if we are a baby, born today.
      The change that needs to happen – the disaster that needs to happen to change public psychology back to a Free Republic has got to be devasation most or all wealth owned by members of the public. That has nowhere near happened as of now.

      Feb 08, 2014 08:08 AM

      Hmmm. The KWN weekly metals wrap appears to be no more. Happy Holidays – for a month and a half! Is this a sign of a bottom in the market?

    Feb 08, 2014 08:24 AM

    I was looking forward to the “metals wrap” I enjoyed that.
    Does anywhere else discuss the cot regularly?

    Feb 08, 2014 08:05 AM

    REGARDING REAL ESTATE. ….take your blinders off

    Lots of disinformation before on this blog. In 06 or 07 Bernanke was raising interest
    rates by .25 and after 18 months of consecutively raising them 6 or 8 times real estate
    buckled. Some on this blog said real estate goes up with higher interest rates.

    In R.E. all my life since the mid seventies bought and sold countless properties.

    Most likely real estate has seen its best lately. Historic low rates and now spec’s that
    brought us the crash in 08 with higher interest rates…..


    Interest rates must go up to protect the dollar. Real estate is very interest rate
    Sensitive and unless we get hyperinflation…real estate is illiquid and still won’t
    do very well. Stocks are better. Gold is superior.

    GOLD WILL BE KING ! ……..KING GOLD will pull your eye socks out. ….


    Feb 08, 2014 08:49 AM

    All your auto sales, luxury items… .jets…recreational vehicles are all
    Low interest driven sales right now. INCL. yours truely…real estate.

    If the Fed must protect the dollar. …rates are going higher a some point in the future.

    Call it what you will……ITS A COMING BUST

    If The Fed does not act to protect the dollar we will get hyperinflation.

    All depends on how desperate the situation is for the dollar.

    By the looks of it…..Washington is on a a big spending binge never seen
    before and no one is stopping these madmen and women.


      Feb 08, 2014 08:01 AM

      Hh I don’t think we are finished lowering interest rates, follow Japan’s negative interest rate policy. They can continue To lower rates and money printing for decades. Gold has not responded.

        Feb 08, 2014 08:07 AM

        Japans not the world’s reserve currency. MAKES A BIG DIFFERNCE. ..THER…BOBBY.

        The only thing I have to say on Japan……….they were SAVERS, unlike the USA DEBTORS

          Feb 08, 2014 08:12 AM

          Thank you… Jerry

          Good point…..2 thumbs up

          I am not trying to cause any trouble, just wanting to compare apples and oranges.,,,I like both of your comments……….But, I think that the savings issue, is a big one….
          We as Americans have been taught, that debt is ok,,,,,which is anything but, the truth, The only reason you borrow money is to make more money……not, for consumption….The excess debt is as I have said before…is a killer…..GO AND OWN NO MAN………..THE DEBTOR IS A SLAVE TO THE LENDER………AND 75% of AMERICAN’S are a debtor to the STATE……they have no money or savings………..

            OWN….should be OWE……..

            Feb 08, 2014 08:03 AM


            Americans have all swallowed it.

            Owing more public debt than the human mind can comprehend.

            Feb 08, 2014 08:00 PM

            Currency is debt.
            Debt is the poison pill.
            Currency is the poison pill.
            The tragedy is most Americans believe currency is money.
            In reality Central Bank Notes are the underlying economic disease designed to control those in fly over country.

            one needs to see the word “NOTE”…..and see what that means…then they may understand……………

            Feb 08, 2014 08:50 PM

            Well said. …..Dennis

            Excellent’e …much better than I could do.

            Feb 08, 2014 08:48 PM

            Jer hh and den, all good remarks

    Feb 08, 2014 08:50 AM
      Feb 08, 2014 08:58 AM

      Very well done..Gary. Probably the best analysis I’ve read lately identifying future trends.

      GREAT JOB…MAN……excellent’e

      Feb 08, 2014 08:06 AM

      Pure fiction.

        Feb 08, 2014 08:11 AM

        Fiction ? Maybe but its also very likely possible.

          Feb 08, 2014 08:21 AM

          Not in our lifetime.

            Feb 08, 2014 08:50 AM


            Feb 08, 2014 08:18 PM

            HH, “HA” is right. Very high price inflation is straight ahead.
            I don’t know if it will play out the way Gary thinks, but it is not “pure fiction.”

            Feb 08, 2014 08:53 PM

            Glad to see you ..Matthew….we need your reinforcement that’s highly respected

            Not that I’m for inflation but that’s what’s coming.

            Well……..ya…………HA… one is going to stop the inevitable.

            GOT GOLD ! oh ya ; )

            Feb 08, 2014 08:17 PM

            I’m jiving with you too HH for what it’s worth!!

            Feb 09, 2014 09:48 AM

            Inflation is just another word for currency devaluation, Bobby. It will happen because most of the heavily indebted Western nations including Japan have no other way out anymore and it is that or a brutal depression. Just look at what Abe is doing to the Yen as an example. It smacks of desperation but he has kicked off the cycle of competitive devaluations that will be stripping people in the most developed nations of buying power and a standard of living in the coming years. It is one of the major reasons I am leaning to commodities heating up although that may not help much if you are just treading water by owning them and not really getting ahead in the big picture. As I keep pointing out, we will not likely see resurgent gold independent of the commodity sector as a whole rising. That looks to be coming. What it really represents though is our collective impoverishment so its nothing to cheer about. Before writing off the idea of inflation therefore I just want to ask you one question……why were you even considering investments in gold if not to offer some marginal protection against currency debasement?

            Feb 09, 2014 09:43 AM

            Bird you are correct. I invested early on, made a nice profit, let it ride too long due to greed and …..nobody suspected we would work the opposite on gold.

            Feb 09, 2014 09:06 AM

            That’s OK, Bobby. You were not alone. A lot of people got tripped up and it was not until late in the game everyone learned that the banks were just warehousing liquidity at the Fed for a tiny rate of interest. The assumptions they were operating under were actually good under normal circumstances. Expansion of the money supply should have impacted inflation readings and velocity fairly quickly. Instead…nothing happened. Then again, these were certainly not normal times and we have come to learn that an aggressive inflation policy was extremely undesirable because it would have pushed up rates thus impacting negatively on debt. Rather, the policy was rate suppression and thus we got flat inflation numbers as a rapid expansion of new lending was in fact discouraged. It all makes perfect sense in retrospect. Basically you cannot have your cake and eat it too so what was sacrificed was strong growth in favour of a low rate environment where credit was actually contracting for many. Small business is just one example. The Fed is now reasserting its inflation targets though and that represents a material change in it’s commications. We should expect modest increases in inflation matched by rather modest gains in precious metals prices as a result. Many here keep slipping into the kneejerk kind of reaction where the worst of all outcomes are be expected on the one hand for the economy and the best of all outcomes lying ahead for gol. That is a mistake in my opinion. If it is one thing the Fed wants it is stability and the entire buiness community is backing that agenda even if it is not explicitly stated. It need not be. In the meantime the dream of a moonshot for gold expressed by Peter Schiff is again dead wrong for should that happen it would in effect mean that the Federal Reserve had lost control and the economy was about to experience a very hard landing. Neither will happen in my opinion. So relax and enjoy the ride back up. Just don’t expect fireworks.

            Feb 09, 2014 09:19 PM

            Bird, I’m with you on that commentary

      Feb 09, 2014 09:27 AM

      Gary: I do not see the Nasdaq going all the way up to its 2000 bubble. The 2000 bubble was filled with a plethora of dot com fantasy stocks, whereas today there are only a few dozen.

      The commodity index has marked a breakout from the suppressed values of last couple years just like the precious metals are now doing. You are correct, inflation is now taking off in the form of fear in fiat currencies, which can quickly become an epidemic of fiat currency hyperinflation. This has already begun in emerging nations and will with increasing currency and financial wars spreading into developed nations. The US will be the last to catch the plague ending its century long world reserve status.

      The S&P can go up like you project into final blow off, and the higher it goes the quicker its fall will be in response to world wide fiat currency collapse.

      The old adage of “Location, Location, Location” will define real estate value worldwide. Real estate in the form of resources, farms, mines or anything that is essential for living will retain current values in ounces of gold, whereas real estate based on financial business such as Cities like London, New York, etc. will see a collapse in all comparable values. So the value of real estate will be entirely determined by Location, Location, Location.

      Precious metals, and even things not so precious, will rebound in response to the spread of the financial plague and will likely rise to levels no one really knows. It is rather difficult to predict the outcome of ending US Dollar world reserve status. What will replace it? Very difficult question. We don’t even know if the US dollar will survive after its replacement, so it is next to impossible to predict how many dollars it will take to purchase 1 ounce of gold.

      In any case, the great inflation of 2014 is just the beginning of many other great changes. My own opinion is the US as we know it today will come to an end, possibly even separate into several New Nations. If it does hold together it will be because of Herculean Statesmanship of people not seen since the 18th century years of the US founding fathers. There are a few of these such people today, perhaps some who are on this page. But before true statesmanship can arise, it will take a major change in the attitude of a great many American people. Unfortunately today, the people of the US are not even remotely similar in good character to those who lived here over two hundred years ago. So the probability is that the US will descend into Tyranny of histories worst kind and can last of up to a decade or more, before it is either obliterated from outside or inside or both. Tyranny will end in tragedy, something that must be avoided.

    nice post……………….

    SEG 1………..IN SIX TERMS……….America will not exist as we know it……..

      Cory…..the” food stamp money” has been cut back, as of this week………under the Farm Bill………… work, no eat

    Feb 08, 2014 08:20 AM

    Cory, good talk with Chris segment 3, I agree with his statement that the fed will not allow a collapse.

      Feb 08, 2014 08:54 AM


      Couldn’t stop laughing. YOU THINK THE FED IS….GOD


        Feb 08, 2014 08:30 AM

        I do notice that everyone is becoming complacent recently.

        The Fed will come to the rescue. Psychology has been turned

        If The Fed has any future credibility sooner or later they must
        decide on a US dollar that has worth or one that has very little
        worth. Interest rates must go up in the future with..PRINT..PRINT

    Feb 08, 2014 08:56 AM

    “Tsunami on the way out” –that giant sucking sound yet again.

    Feb 08, 2014 08:03 AM

    Hillary Klinton a lock in 2016? I guess a bullet in my head would feel pretty good right about then.

      Feb 08, 2014 08:09 AM

      But I guess I wouldn’t do that since suicide is illegal….althought maybe they would give me the death penalty if they caught me trying 🙂

    Feb 08, 2014 08:15 AM

    There’s an undercurrent that goes beyond left-right politics… It’s feminism, and Obama is their hero.

      Feb 08, 2014 08:43 PM

      Feminism is really about promoting socialism. Notice that no matter how accomplished a woman might be, she must be a socialist or feminists will not acknowledge her.
      The welfare state thrives on broken homes and the dependence on the state that it causes.
      Since more dependence on the state equals more state power, massive poverty is also an ally.

        Feb 08, 2014 08:00 PM

        Yep and the middle class goes instinct.

        Good explanation of the events in play.

        Feb 09, 2014 09:12 PM

        Pretty much what’s happening here in the UK Matthew.

    Feb 08, 2014 08:18 AM

    Al, “Bush and promoting “wind energy”. Indeed he did. Ask anyone back then in Oklahoma and they’ll tell you, that “Texas blows while Kansas sucks and thus the winds….”

    Feb 08, 2014 08:43 AM

    Jeff, a 3rd option to reduce deficits that’s never mentioned, and given the reality that neither side of the duopoly have any stomach to reduce spending, is to require the multinationals to pay for the US military that enables the global economy to carry on. That means tariffs. As I recall tariffs were the way our founding fathers wanted to fund government.

    Feb 08, 2014 08:48 AM

    My response is: Does it matter who is in the White House or Congress ! I say this because America and the Constitution were recreated after the war between the states .America was a idea not just a piece of real estate the founders idea’s were crushed because,during and after this war , since then every politician has trampled all over it regardless of party affiliation.
    I haven’t given my consent to this government since I voted for Reagan (first term only) I have not voted in a national election since! I refuse to keep encouraging there behavior. Government to me is nothing but Thievery and Murder using all kinds of scheme’s to steal wealth of its citizen’s and all kinds of lies to murder those who disagree with there methods both foreign and domestic .
    People need to check there premise: Why do you believe what you believe!
    Until Americans learn not to use the voting machine as the Cornucopia of all there desires and become responsible for there own decisions I see no way out of this mess

      Feb 08, 2014 08:52 PM

      Excellent commentàry

      Feb 08, 2014 08:20 PM

      JOE…….The people need a new form of voting…..its called the GUILUTINE………………S$$T hope I spelled that correct , otherwise I will mabey be the ferist to feel its worm carriss………………………………………………………………………………..

    Feb 08, 2014 08:01 AM

    Al agree Clinton will be the likely winner. Her campaign was on a roll during the primaries until she stood up and advocated/defended the Wall Street bailouts. I pointed that out as a absolute blunder that might her part and that opened the door for her opponents. It cost her the nomination, and opened the door for Obama. By now, most people have forgotten just how snugly Hillary was with the K Street crowd, and most especially the Wall Street ‘bankers’.
    So, I applaud your objectivity on this issue, and like you, I’m no fan of the left simply because communism first drags an economy and society down to mediocrity and then into the dust.

      Feb 08, 2014 08:09 PM

      I disagree. Wait for Whitewater, Cattle futures, Vince Foster, etc.,etc., to be re-visited. This time the mud will stick.
      She has too many skeletons in the closet. Besides she’s looking ugly in her old age. She puts the crone in crony.

        Feb 08, 2014 08:58 PM

        All good points CFS, and I’m no fan of hers, period. Even so, all that stuff was out there during her primary with Obama and she was out in front until she alienated her base by defending the bailouts. Bad timing on her part–should’ve waited until after the primaries before sucking up to the K-Street/Wall Street crowd. That’s what did in her campaign, not all the other scandals you listed– which were thrown at her hubby who was then elected and re-elected.

        Time for the Rs to define what they stand for instead always why they don’t like someone. Problem is, the RINOs look a lot like the Ds. Take Romney for example, all he did was personally trash his opponents in the primaries and then wondered why the Rs in that “big tent” had this bad taste in their mouths for Romney–then of course Romney Care was hard to swallow all by itself. I wonder if the Rs in the western states will pack their wagons and leave the Party if Christy gets stuff down their throats.

      Feb 08, 2014 08:54 PM

      Some day we will find out why TPTB replaced Hillary with Obama for two terms.

    Feb 08, 2014 08:32 PM

    Hi Friends : Well of course the repubs can win. only if they go for someone like Rand Paul who is lets face it , a Libertarian. These grumpy old men , who want to talk about rape, womens hormones , and trying to ban legal abortions are going to loose elections . perfect example the recent senate races in Indiana , and Missouri . After all , women can go across the border to canada or mexico and get a legal abortion anyway. of course we want to avoid unwanted pregnancys, but sex lives should be a private affair ,not regulated by uncle sam. best to all S

      Feb 08, 2014 08:58 PM

      There is not enough money in the world to elect a libertarian candidate, the media will laugh him off the stage, just like the did to ron, whom I voted for twice.

      Feb 08, 2014 08:03 PM

      Agree, it’s time for the Goldwater wing of the party to reassert itself. The Neocons have made a complete mess of things.

    Feb 08, 2014 08:28 PM

    The BULLS are coming out of the closet!
    Never mind that they are coming out KICKING AND SCREAMING!
    There is something in the air.
    There is something fluttering in the wind.
    The GOLD BULLS sense something is changing.
    They can feel it. They can almost taste it.
    Right around the corner…
    How did that song go from “West Side Story?”
    Who knows?
    It’s only just out of reach
    Down the block, on a beach
    Under a tree
    I got a feeling there’s a miracle due
    Gonna come true
    Coming to me
    Could it be?
    Yes it could
    Something’s coming
    Something good
    If I can wait
    Something’s coming I don’t know what it is
    But it is
    Gonna be great!
    Am I wrong?
    Al has been whistling another tune from another era lately… “This could be the start of something big”
    You’re lunching at Twenty-One and watchin’ your diet
    Declining a Charlotte ruse, accepting a fig
    When out of a clear blue sky, it’s suddenly gal and guy
    And this could be the start of something big
    Great songs to be sure
    But do the lyrics really tell us the truth regarding the gold picture?
    Maybe Yes. Maybe No.
    Check out the parable of the Chinese Farmer
    So where are we really?
    Let’s start with the STOCK MARKET
    Today’s job report, and the non revised December report, were horrible.
    Everyone can agree to that (except the shills and cheerleaders that CNBC drags in now and then.)
    The stock market hit a bump in the road this week and spooked some people.
    However at the end of the day the correction was short lived and mild.
    It looks as if it is business as usual again.
    The last couple of days in spite of the data just shows this market just disregards all bad news.
    Even the taper no longer matters.
    It went down a few days and everyone got excited.
    But hey they have to pretend it can go down once in a while.
    It wouldn’t be much fun if it never went down.
    There has to at least be the POSSIBILITY of it going down.
    Heck these guys don’t even tolerate one bad day anymore, let alone a week.
    Kind of the like the bank robber who wants to get away with it, but deep down he likes the thrill of knowing there’s at least a chance he can get caught.
    This is where we are in the stock market.
    Now let’s turn to GOLD
    Let’s first put the manipulation theories on the back burner.
    Like I pointed out almost two years ago – GOLD IS DEAD ON THE BOARD.
    Therefore the gold price action for the week is a “D”
    You might think I am being especially hard on gold – I am.
    Every time it tried to take out the $1270 – $1275 area it was wacked down, easily.
    This is a failure no matter how you look at it.
    Today’s price action looks good, but it could just be because of the Sochi news. Time will tell.
    You can claim a SMALL VICTORY and take CONSOLATION in the fact that it managed to hold support at $1250.
    This is a good thing.
    It does look like gold could be forming a bottom, or base here at the $1250 level.
    HOWEVER I honestly thought we had a triple bottom until the crushed it down in APRIL.
    Could this portend an oil/gold rally? Who knows?
    Right now CNBC is starting to parade gold bulls out only for laughs.
    After they reluctantly say they like gold they are summarily scorned and they swab the deck.
    I dont know if this is a good thing or a bad thing.
    Right now everything is in MANAGED CHAOS
    The markets, the job numbers, QE, Emerging Markets
    This is the NEW NORMAL
    Gold will not prosper in this environment
    Bill Gross said the days of making fast money are over, and the days of making slow money might be over also.
    Stocks look like they’ve turned the corner
    That’s just the truth.

      Feb 08, 2014 08:00 PM

      I appreciated your passion, but if I was YOU….I would be so exhausted internally..I would just collapse. You my friend, are very intelligent, but the GOLD market will wait until the time comes that it cant be held back anymore. I will just wait, like RICHARD RUSSELL says and watch history unfold and GOLD ENDURE….SURVIVE AND PROSPER!

        Feb 08, 2014 08:11 PM

        SD Marc

        Thats General James. He’s the one giving the orders to lite the fuse under gold.

        It will be his timing. So he has told me in confidentiality that there might be no
        Orders or notice.

        He might have to lite the fuse himself. Reason. … If you want the job done right
        do it yourself.

        I have full confidence The General will make damn sure lift off will be …….HA..HA

        A…… BLAST !

          Feb 08, 2014 08:20 PM

          Haven’t heard from ‘Lord Haw-Haw’ (Silver Fox) lately

            Feb 08, 2014 08:34 PM

            Andrew……he has been too busy , servicing LADY HAW-HAW…..or is that OH-OH MORE -MORE……

            Feb 08, 2014 08:39 PM

            Oooh, that’s bad…

      Feb 08, 2014 08:06 PM

      Quite the article, James, sadly, I have to agree with most of what you say.

      Feb 08, 2014 08:29 PM

      James the…”L”……….All those letters & words…I can sum up in one word….”BULLSHIT”.

        Feb 09, 2014 09:49 PM

        I have to ask then just what exactly is bs about it?

    Feb 08, 2014 08:41 PM

    I listened to that traitor and coward JIM ROGERS.

    Where is his courage with all his wealth to help
    make a change in AMERICA.

    After all it was America who made that traitor
    wealthy beyond belief.


    IF NOT WORSE….and the commies will take all your
    assets and string you UP BY YOU KNOW…WHAT

    The Chinese will take Singapore and you with it…..


    back stabbers always get what they deserve.

      Feb 08, 2014 08:10 PM

      Have a link to that, hh?

        Feb 08, 2014 08:38 PM

        LIGHT……….Just what the F$$K do you drink ?………….or do you have a drug problem ?

          Feb 08, 2014 08:27 PM

          drugs are not a problem, tony.

        Feb 08, 2014 08:40 PM

        Yes Bobby….CFS posted it on Chris Temples blog for Friday…

        Its on youtube and CFS made it easy.

      Feb 08, 2014 08:36 PM

      Jim Rogers is still a American and pays his taxes to this thieving government. Americans as well as any person in the world should be able to live anywhere they choose without harrassment from any government or busybody . Freedom has no boundary !

        Feb 08, 2014 08:48 PM

        Did you see Rogers tax reurn…Mr. Joe

        I bet he pays no taxes…why because you don’t know what your talking about.

        The reason why I know you don’t know what the tax loopholes are.

        Neither do you know why he keeps his US citizenship. Do you ?

        Can you even begin to answer the two above with any accuracy.

        Not only that Mr. Rogers bashes America the same man who made
        fortunes here.

        Freedoms may have no boundaries but his loyalty is an abomination.

        If Warren Buffet and many others did what Mr.Rogers has done, America
        would have already collapsed.

        This great nation needs its people to stand together and shape this nation
        Keeping its principals and founding forefathers foundations that were put
        in place.

        ON THEIR COUNTRY. He has lots of resources to help make a difference.

        But yet does nothing and not even a thank you…walks away.

          Feb 08, 2014 08:37 PM

          Is your problem that he is not loyal to this government which doesn’t even remotely resemble what are founding fathers forged or is it that he likes to practice a American Principle of being able to keep ones own property and as he sees fit . I care not as you should were he lives ‘ that is how Americans use to think they minded there own business . This is why our government does not obey our constitution and letting people keep what they earn,stay out of foreign entanglements, and staying out of our private affairs. You support our government and there antics as do many others so this is why his success gets in your crawl .

            Feb 08, 2014 08:27 PM

            We can still fight to make that chsnge…Joe.

            Our nation has always been under attack. Rogers is very wealthy.
            He could do more than what he’s doing…which is nothing.

            BASHING OUR NATION. …bullcrap. …

            End of story and thats your opinion.

            Feb 09, 2014 09:18 AM

            I bet HH makes the american propaganda guys feel worthwhile,fulfilled even meaningful. Proof their efforts have paid off.

            HH, did you know that the Zar was an opponent of the banks?
            Like Saddam Husein and Gadafi.
            Nice to know tho that we kill all those people for the “right” reasons.
            Us being the “good guys” and everything

            I feel warm and snuggly knowing we are supporting a nation like Japan that understand our banks are integral to our prosperity as opposed to those evil Chinese commies.

            Maybe we just have to kill everyone that thinks differant than we do.

            Just out of interest, check out what american business heros were doing before the U.S. entered the war in europe because they had it declared on them.
            Just so you know, we were so supportive of the facist that the nazi party was a legitimate political party in these parts too.
            We are wise enough to make a profit killing our own young people and those we call “friends”. Yup, we the smartest bestus in the Whoooole wooorld.

            Nothing like those rotton Cuban commies that spent years dieing to end apartide,
            Speaking of Cuba, a great place to keep our tourture camp, the weather is so nice.

            HH, mostly what happens in this world is good men do nothing, the decent ones become ashamed of their government, and the governments teach you to love god hate commies or whoever is next.
            Just because there is little anyone can do about it doesnt mean we have to show ourselves ignorant of it.
            There is more to understanding gold than profit. Gold is honust as well as a few other things.

          Feb 08, 2014 08:58 PM

          HH, your a funny guy.
          You mention the U.S. as a great nation? I gotta disagree.
          Wars make not one great.

            Feb 08, 2014 08:33 PM

            It still is. I’m an American. China is no better neither is Great Britain.
            No one else either.


            Feb 08, 2014 08:00 PM

            The world has its freedoms because of America! What BS. The UK essentially committed suicide from 1939 until America entered WWII, keeping Freedom alive.
            It economically destroyed the already-declining UK. It lost half a generation of youth in WWI and then another half generation in WWII, while america dithered on the sidelines.

            Feb 09, 2014 09:42 AM

            SUIT YOURSELF.

            America has been the land of the free. The commies would have tsken your families
            and all your property by force. Especially in Europe.

            When we fail lets see how the chaos and corruption really starts to go out of control.
            America is far from perfect but everything else is a lot worse.

            Oh and you’re far from perfect as well. Myself incl.

        Feb 09, 2014 09:26 AM

        Rogers is my hero, I attribute 90% of my wealth to him for his early commodity call. I almost left the country myself, if the Florida real estate collapse had not occurred allowing me to live here for the price of a 3rd world, i would be gone.

          Bobby ,,,I have to agree with you on the Florida market, and the cost…..I do not see that changing for another generation…….Florida, is still going to be a place that boomers hope to get to……the Midwest is full of hopeful frozen dreamers who would like to get to Florida………

          Feb 09, 2014 09:31 AM

          Rogers…is not America’s hero.

          Made fortunes here and abandons this nation. So you made some money
          but if everyone did what Rogers did…..we would not be a nation.

          This what back stabbers do…..they do whatever benefits themselves even
          at the cost of causing someone else pain.

          There are no principal values and its all about greed. Rogers has taken all
          his Wealth to Asia after he made his fortunes here.

          When things really get bad in the world…..AND THEY ARE….mark my words

          The Chinese will strip Rogers of everything and who knows what will happen
          to his life.

          In the mean time give thanks to those very wealthy Americans that do not
          turn on its own homeland and take all their wealth after it was made here
          To another country.

          You know by now I don’t like liars, traitors, back stabbers, crooks and especially..

          SCOFFING COWARDS…….I don’t hate them but dislike what they do.

            Feb 09, 2014 09:45 AM

            Well ,if you don’t like liars , traitors ,backstabbers, crooks and especially scoffing cowards , you should not be supporting these politicians because if you do then your calling yourself a hypocrite

            Feb 09, 2014 09:52 AM

            What did I say..Joe. we need to make a change. This nation has always
            been under attack. The leadership is bad. It takes honest Americans and
            especially those that are very wealthy can help more than us little guys.

            We don’t need Americans making billions here and leaving with it.

            THATS BULLCRAP !

            Feb 09, 2014 09:04 AM

            Also the wealthy Chinese don’t trust their own people are and have been leaving
            in huge numbers.

            For good reasons too.

    Feb 09, 2014 09:38 AM

    I can hardly wait for the movie “The Financial Non-Crises” starring Charlize Theron as Janet Yellen.

    Feb 09, 2014 09:44 AM

    Special segment for the Gold Astronauts:

    Get Ready for Gold Moonshot
    ~Peter Schiff (8 minutes)

      Feb 09, 2014 09:12 AM

      The hosts sure like doing the smack down on…..Peter Shiff

      A ….MOOOOOON SHOOOOOOT ……that’s what he called it

      I …….Love it……the gold bears, the scoffers and the shrills……

      …………………………..DO YOU …..HEAR ME !!!!!!!!!!!!!!!!!!!!!!!!!! shrills, scoffers and gold bears

      ♥♥♥♥♥♥♥♥ YOU WILL LOVE IT♥♥♥♥♥♥when gold slices through 1700 ♥♥♥♥♥

      WHEN GOLD TAKES OUT 3000 ..not only are you going to love it…………….

      $$$$$$$$$ YOUR GOING TO….SCREAM $$$$$$$ why did I get ..FOOLED AGAIN $$$$$$

      ■■■■■■ KICKING AND SCREAMING FOR MONTHS AND YEARS ■■■■■■■■■■■■■■■■■■■■

      why didn’t I buy…..why didn’t I buy….why didn’t I buy….why didn’t I buy….why didn’t I buy

        Feb 09, 2014 09:18 AM

        Not a durprise. Schiff is not exactly right is the reason. The other day Chris offered the most plausible reason I have read anywhere for why inflation may kick off (in a low rate environment) and why gold and commodities will rise. He did not phrase it exactly that way, incidentally. I am simply connecting the dots and drawing a conclusion that makes sense. Anyway, his point was that Yellen would create the conditions needed to get banks lending the reserves they currently hold over at the Fed. There is an ocean of liquidity there just awaiting a cork to be popped to free some it up. No more QE need take place whatsoever nor under any circumstances. The fuel for a fire of raging inflation is so well stocked it really boggles the imagination. So it is a dissapointment to hear Schiff blithering on about more QE and QE taper reversals as necessary ingredients to kickstart a period of rising inflation. In fact he might find that the liquidity is being released deliberately. That is idea completely foreign to him of course as all his assumptions revolve around the notions that the Fed is engineering gold and resource price suppression. Won’t he be surprised that they change course and actually push a more inflationary agenda to further increase credit expansion. This is such simple stuff I am boggled he does not get it.

          Feb 09, 2014 09:20 AM

          Of course I meant “surprise” and not “durprise”…… Ha!

            Feb 09, 2014 09:38 AM

            Its will be no ….DURPTISE….to me….Birdman

            All that wealth locked up in bonds. ……


            like water coming out of Hoover Dam…………Damn……into a garden hose


          Feb 09, 2014 09:13 AM

          I don’t see a gusher. Not the way most funds and mutuals etcetera are structured. These things are designed to carry some percent of debt issues, treasuries, bonds and the like so you get the good with the bad. You cannot just pull out of your bond allocation without selling the whole fund in other words and retirees are not in a mood to play games trying to do market timing and stock picking. Hell, most of them have no idea where to even begin. So they will continue to buy packaged products. Since they represent one of the largest domestic buyers of debt as a group there is not really an existantial threat to debt markets.

            Feb 09, 2014 09:24 AM

            Just another thought….this being a bit from left field……if there was a sudden crash we do know there are circuit breakers in the sytem to slow it or even prevent a collapse altogether. Should the government or Fed be forced into a position to cover though and buy up the market to stave off a major situation then they would by default become the owner of the bulk of pensions. I mean to suggest that if monetary tools were employed to end a catastrophic decline in some domestic markets then we will have arrived at the trigger moment where collateralization would in effect mean confiscation was the only alternative. Everyone cannot sell at once with causing extreme damage but the way the programs are set up it is conceivable for investors (mostly pensioners) to rush for the exits dumping stocks and bonds together. This event, were it to occur. might therefore create the necessary pretext to nationalize financial assets that were deemed to be too important for the proper functiuoning of the economy, to fail.

            Feb 09, 2014 09:28 AM

            Your right Birdman….however the direcfion is up.

            Actually the longer it takes the better.

            Sustained rally for maybe years.

            Gold exploding is not going to do anyone good.

            Lots of civil unrest and dangerous living.

            For all our well being lets hope its gradual gold rise.

            Feb 09, 2014 09:34 AM

            Excellent explanation..Birdman….I have to concede you do a precise job going
            into all the logistics and details. YOU HAVE AMAZING ABILITIES.

            So if we had a melt down is this something the elite would welcome for more
            control over our lives.


            Feb 09, 2014 09:04 PM

            Ever hear that old expression “when life hands you a lemon, make lemonade”? That is kind of where we are going as a random walk. The other popular expression in the same vein is “Never let a good crisis go to waste”!… yes, if the worst happens there will always be someone to get some value out of it. Scrambled eggs anyone?

            Feb 09, 2014 09:14 PM

            Ah….Infamous Birdman

            HA…HA…..whats for breakfast…….DUDE

            LUNCH……A tossed fruit salad…….how bout….a looney tune for company

            ANYONE ?

            Feb 09, 2014 09:55 PM

            Man, I only wish the future were predictable but if this economy really hits a brick wall we will all be wearing egg. Make mine sunny side up until further notice because all the other options out there just look a whole lot worse to me as contenders. Personally, the way things are shaping up in China, both with its extraordinary credit bubble and now talk of conflict with Japan, that if anything does go haywire they will be wearing the blame for crashing the world economy and nobody will be looking at batting flies on our shores. We should have all been paying closer attention when the US began shifting its emphasis on fleet deployments to the Pacific because that was a signal of where the future of conflict would heat up. As a nearly self sufficient economic island in the world, North America has no equals. Not for food, energy, skills, education, resources or even firepower. My bet will always be on NA and that is where the safest investments will continue to reside especially if conflicts get serious. Diversification is great and all. Sure there are good reasons to have assets outside the country but few stop to consider that you might not be able to repatriate those that were moved during better times. And we think capital controls in getting money out of the country are bad. Try going the other direction during a period of upheaval. I am already seeing this in Africa to some extent. You can move money here alright….just try taking your capital or dividends home when the banks won’t give you the dollars to do it. You are trapped in a foreign currency then that might have the potential to totally flame out and leave you rather broke in a hurry. They still do that in a lot of the smaller developing countries. Shoot, I have lived with 20, 30 and 40 percent inflation already. It gets tiresome because it makes saving a very bad investment. It forces you to spend or buy into overinflated property. So yeah….I love dollars. At least they have a long record of depth, liquidity, transferability, stability etc etc etc……Sunny side up makes me positive on home, not the great unknown.

            Feb 09, 2014 09:32 PM

            Ya got it…..The Infamous Birdman

            Thats taking a good stab and observation of whats coming down the pike.

            Anyone who can’t see geo politics in the mix…better get their head screwed on.

            SCREW IT ON TIGHT. …its going to be every man for himself. REALLY BIG TIME.

            THIS TIME… no other.

            Like you have advocated…Infamous. ….lets hope not.

            Really in my view…….odds are very high….its going to be a very serious train wreck.

            In fact…..I’m seriously considering a huge pile of physical gold. I don’t like it but
            I feel this thing is coming down hard. Still have my paper gold but this is another
            layer. I like CEF so its the best physical paper gold out there. IMVHO.

            I might pull the trigger monday on this. Make my phone call and buy
            PHYSICAL….or CEF.. The sheeeeet is just going to keep going up.

            YOU KNOW THE TRUTH……INFAMOUS BIRDMAN. Its real and I believe
            its time to get all the buying done……..FWIW

            I’m very accurate calling long term trends…so that’s what I have to do.

            I HAVE TO DO IT MY WAY. Frank Sinatra.

    Feb 09, 2014 09:25 AM

    HEAVY, it’s all in the timing…… is up only $90 from the 1178 low……..when is the takeoff……..not that the boosters are getting revved up already……but when is the big liftoff ????

      Feb 09, 2014 09:40 AM

      My best hope its gradual like The Infamous Birdman would suggest. We don’t need
      An explosion in the metals as I explained above. Birdman I know fully agrees in other

      Gold is going up and thats the right direction if one is invested.


      Profits would not be enjoyable and life would be much worse
      with the money.

        Feb 09, 2014 09:56 AM

        Also gold has been up 5 out of 6 weeks I believe.

        Its gradual and suits me very well. I don’t want to trade the market.

        Gold rise could go on for a few years. NO BIG SPIKES AND CRASHES
        or big corrections.

          Feb 09, 2014 09:57 AM

          Thanks HEAVY !

            Feb 09, 2014 09:16 PM

            Your welcome…anytime.

            Stay….long…strong…….OR….. BE WRONG

    Feb 09, 2014 09:58 PM

    “Do the Republicans have any chance at all of taking back the White House in the next few years?”

    When your best candidates are Chris Christie, Marco Rubio, Rick Perry and Rand Paul, I’d say no.

    Feb 09, 2014 09:45 PM

    I’m in the …MOOD…..golds gearing up……I’m revved up….its 8:30pm…PST

    I’m like a ………RACE CAR IN THE RED…….golds ready…I’m ready…..

    The engines and rocket launchers are in place. Little more rocket fuel..


    So good….we have the engines and rocket launchers started

    Auto pilot is flashing on and we are all fueled up for launch.

    Once the conditions are right…….WE BLAST OFF

    ……..TO THE FOCKING…..MOON….ALICE……golds taking out all da…stops

    ……………..right here……….and now……….damn straight…Get those seats belts on tight


    $$$$$$$$$$$$$$$$$$$$$$$$$ MILLIONS $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

    Feb 10, 2014 10:48 PM

    I take issue with Jay Taylor’s statement that more than half of the people in this country are voting for a living instead of working for a living. Then according to Mr. Taylor, if you have worked all of your life and now you’re collecting Social Security or a government pension, you’re a freeloader. If you’re an air traffic controller on duty nights, weekends, holidays and Christmas, you’re not actually doing any work, you’re just voting for a living. And if you’re stationed in Afghanistan and risking your life every day, you’re not working either, you’re just mooching off the government. I’ve heard similar comments ever since Mitt Romney made his bone-headed remark about the 47%. But if you can’t distinguish between a third-generation welfare queen and those who have worked all of their lives, and you lump them all together, then you deserve to lose elections. I can’t think of a better way to lose an election than to declare war on half of the electorate.