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Starting Tuesday with Gary

Big Al
July 29, 2014

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Discussion
15 Comments
    Jul 29, 2014 29:23 AM

    still investing in private mortgage reits . These are possibly dangerous if we get a strong uptrend in interest rates. So far interest rates are moving very slowly and in spite of FED policy people and institutions are seeking yield. Many reits can yield as much as 9% they exagerate thier yields by borrowing in the floating rate market at less than 1% per anum. Borrow short lend long. not unlike banks. best of luck to all S

    Jul 29, 2014 29:28 AM

    It sounds like you guys are getting depressed over what is manipulative and unjustified policies and trading. One should take such a situation as a clear signal to buy physical and take delivery and don’t expose your holdings to lending or other crime.
    Like or not this is a war. For now it is a financial and logistics war and also a war of the mind. The great thing is not to lose your mind or your will to resist.
    In my view the powers that be and their followers are not right in the head and will make a fatal error that brings them down. The ironic thing is it might take Armageddon or some other collapse of the world as we know it to put these villains out of business and make things right.

      Jul 29, 2014 29:01 PM

      Correct, you never want to lose your will to resist what you know is wrong!

    Jul 29, 2014 29:28 AM

    Right now Gary I think you are right that the dollar will reverse and head back down tomorrow. I think it is going to fail at resistance however we still need to see how the day plays out.

    Jul 29, 2014 29:05 AM

    It appears to me that here we go again blaming it on those gold manipulators. Staring to get very boring and tiresome.

      Jul 29, 2014 29:55 AM

      We don’t blame gold and silver manipulators for sport! It is a serious accusation and revelation of the truth. Not that it matters to the game show and sitcom crowd.
      I for one am not here to entertain or be entertained.
      The people attempting to control the price of the metals to the downside to protect the perceived reputation of fiat are messing with peoples investments. They would do it to any investment just to make sure that outsiders don’t prosper by investing and insiders do prosper. It is the kind of vile villainy I despise to the marrow of my bones.

    Ken
    Jul 29, 2014 29:22 AM

    Copernicus discovered that the earth was not the center of our galaxy and the sun did revolve around the Earth.

    Yes folks in fact he discovered that the Earth revolved around the sun.

    whoa!

    I propose that gold bugs consider that the world of finance does not revolve around gold. In fact, I propose that gold revolves around something else.

    When taken in that light – the manipulation is nothing more than the rise of the USD and the US stock marketand people fleeing other economies and countries trying to save the capital they have.

      Ken
      Jul 29, 2014 29:23 AM

      correction

      Copernicus discovered that the earth was not the center of our galaxy and the sun did NOT revolve around the Earth.

      Jul 29, 2014 29:02 AM

      “the manipulation is nothing more than the rise of the USD and the US stock marketand people fleeing other economies and countries trying to save the capital they have.”

      In your opinion, if I don’t have US dollars and don’t invest in US equities, I cannot invest in gold either? Not sure whether I got you. Can you guess how big a gold buyer US is, so US equity has so much impact on gold price? Is it true that US people buy gold and gold goes up and US sells the gold goes down? Actually US has been a net seller for several years now.

      I believe 90% of the People have either US dollar and US equities.However, buying gold will serve them well too. Gold is rising in all fiat currencies.

        Jul 29, 2014 29:16 AM

        Correction: 90% of the People have neither US dollar or US equities

    Ken
    Jul 29, 2014 29:25 AM

    I would suggest one pay close attention to the Russell 2000. It is telegraphing the top. It is showing a negative divergence….

    It amlost always does….

    Jul 29, 2014 29:51 AM

    If I truly felt that there were actually gold manipulators controlling the market I’d be margin-ed up to my eyeballs in the stock market and short the heck out of the gold market.

    On the other hand If I had most of my assets in gold right now I would have to blame the gold manipulators. I believe they make great scapegoats for being on the wrong side of the trade.

      Jul 29, 2014 29:51 AM

      Why do you assume the manipulation will succeed? It looks like they can only win the battle but loose the war. Fighting manipulation from battle to battle is unwise since you cannot predict what action at what time they will take. However, betting on gold for a long term will work since all manipulations fail in the long run and market wins.

    Reo
    Jul 30, 2014 30:10 AM

    Yup manipulators thats why all these Goldbugs are continuously wrong….always blame someone else when you make the wrong call…Where is Roger and his sky high predictions of gold and silver´?