More from Gary
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Yep!
I hope they will be checked out before admittance:
http://washingtonexaminer.com/200000-from-ebola-countries-have-visas-to-enter-u.s./article/2553386
Oh yeh!
And still the borders are porous.
Yes the borders certainly are!
Ebola Latest:
So far 301 doctors have become infected.
Of those, 145 doctors have died, so far.
Makes you want to be a doctor…………50/50 chance…….I bet, half of the dead ones forgot to wash their hands…………..
The US would do more to eliminate Ebola by sending several crematorium furnaces than by sending doctors, considering how long the ebola virus remains viable in buried bodies.
I wonder if the water supplies are free of contamination in the villages.
Although the troops are being mostly sent to Monrovia and a staging area and Liberia is a major problem, but what about the other two countries that admit to outbreaks.
This seems a panic reaction rather than a well thought out plan.
Also I wonder about the fact that a soldier has to obey orders; yet this is hardly in defense of the nation. Seems to me a call for educated volunteers plus funding would be more appropriate.
that is a good question on the water supply ,,free from contamination……..
I have to agree with your final paragraph.
A very, very serious problem!
Hi Gary, uranium has been up for the last several months. I never saw it so strong. Any Idea about it? Is uranium weakness behind us?
My shares haven’t move much. Seems people COMPLETELY lost interest.
Big Al, for one!
Unfortunately uranium is too small of a market to have a recognizable cycle so I don’t cover it.
You should accept all jobs, small and large.
Thats only good business.
And that is the truth.
Thanks. I feel stars are lining up for U. May be another false start
U has gone up $5 in the last 1.5 months……not sure that is definitely significant yet.
Unlike gold and silver, the most junior uranium companies did go away. The number in Canada dropped from over 400 in 2007 to lower than 50 in 2011. People even don’t care to get another stats. The remaining are less than 10% of their original price in 2007 with the exception of Cameco. One of my original one dropped from $2 to under 20 cents even after 40:1 reverse split. This is one of the two junior I ever bought. Both of them from an analyst recommendation. A good lesson. Good thing is I traded it a few times and did not lose too much.
That was a funny market a number of years ago Lawrence. Amazing just how many people became overnight experts!
I bought 500 shares of Uranerz Energy Corp back in fall of 2009 at $1.83/share (full disclosure) on a recommendation from James Dines on the Jim Puplava show. Said stock went up to $5.50/share, I did not sell, and today I sit on $1.14/share. I bought it in ’09 because it was cheap. Instead of a gradual upward curve I got a bell curve! Argh. Just another causality of the manipulated marketplace. But I refuse to sell, based on fundamentals. As long as the stock does not reverse-split I’ll keep it, part of the long-term commodity plan.
I was flying from CA to IN and missed this story:
http://www.telegraph.co.uk/news/uknews/crime/11075380/Woman-beheaded-in-north-London-garden.html
I’m disgusted by politically-correct censorship. The perpetrator was a muslim, although you would never know it from this write-up.
The story probably was not even covered by US media.
http://www.trunews.com/Audio/9_16_14_tuesday_trunews2.mp3
is worth listening to……that’s where I heard about the beheading.
Larry Edelsons PM Market Alert
Larry reiterates that Gold and Silver have reentered a bear market phase.
He see’s the strong possibility that we could see a reversal from deeply oversold areas, and could see a bounce to $1280-$1300 on Gold and $20 dollars on Silver.
He goes on to say that from a technical perspective, it would not be unusual for gold and silver to drop back to near the origins of their previous major breakout points.
Based on the continuous nearest futures, that would put the ultimate lows in target ranges of roughly $920 to $970 in gold, and, worst case, $12.50 for silver.
He says his cyclic work is now showing two targets for the final lows.
The first comes in January/February 2015 and the second in June. Odds favor the January period.
He firmly states to not buy mining stocks at the juncture. There will be much better buying opportunities in the future.
Very wrong with silver. I watched carefully in 2009-2010. The break out is 17-18 not 12.5. Not sure where the 12.5 comes from. It was in 14-18 for long time and more closer to 18ish upper range. I remember my wife keep saying “can you still count on silver? It does not do anything”. If silver 12.5 as the breakout point, gold should be 800ish. It means that all QE effect is lost and some. Gold and silver drop way below the price of 1030 and 21.5 before the 2008 crisis. This is possible only if some large institution pushes it there temporarilly.
Lawrence,
I believe you are absolutely correct about the silver breakout…
Lawrence,
As I always say, I listen to everyone, well almost everyone. I then make up my mind as best I can. But most importantly, I take responsibility for my actions.
Larry Edelson is just one of many voices in the crazy world of investing. Just another market and cycles timer to take into account on any given day.
Hes made some really superb calls in the past and also missed on a few. Either way, his opinion is probably worth a few minutes of your time, even if you disagree with his price targets at that moment.
At the end of the day, this isn’t about what you want to see happen, its about what actually is!
V
Ain’t that the truth V!
Thanks. I don’t think anyone knows except a few elites. But they will not tell us.
What do you think about his track record?
Al, if that question was for me, I think Larry’s got a solid track record. I follow his work.
I find the guy has a lot of integrity for calling a new PM bull market just a few months ago and being willing to publically reverse his position for the short-term and advise for caution moving forward.
Some other folks may not have the same positive views I have. I also understand that he’s just a man, and has all of the same flaws and shortcoming we all have.
V
He an Armstrong are both heavy cycle guys, both project
very possibl ate danger ahead short term.
Todays Don McAlvany Intellegence Memo:
The US war against gold is about to be lost as nations from Europe to China, from Brazil to Canada begin to ease out of US dollars and into gold. Russia, China, the BRICS, many developing nations, and even a number of Middle Eastern nations are acquiring more and more gold for backing their currencies and to defend against the coming US dollar collapse. The entire world, except for Americans and many in the UK and Europe, now understands the US government’s desperate attempts to suppress gold and avert a collapse of the dollar.
A recent example of this US effort to undermine gold is the US-controlled IMF trying to force Pakistan to sell $2.7 billion in gold and convert it to cash. Pakistan refused. The IMF even sold much of its gold to India a few years ago. Asia and the BRICS are buying gold in the physical market not just as an investment decision, or for speculation (as we see in the Western paper gold market), but for savings – and for backing their currencies.
China may now have the largest gold reserves in the world (over 4,800 tons) if, indeed, America has little to no gold in Fort Knox – which knowledgeable observers all agree is probably the case. A new global gold standard is emerging in the East, even as the West – with its fiat currencies and mountains of debt – is going bankrupt. The majority of the world’s physical gold supply (probably over 70%) is now in Asia, Russia, the BRICS, and certain Middle Eastern countries. Global economic, financial, and even military power is now clearly shifting to these countries, too. They are increasingly converting their US Treasury bonds to gold.
good for Pakistan……….
I have not heard anything about Canada buying gold bullion. It would be a good idea as we have virtually none.
V,
Thanks for the info…very, very interesting and McAlvany’s memo seems to correlate with what a lot of analysts observing this power shift say!
Marc, you’re very welcome.
Don and David McAlvany is a very smart guys. And super honest with the highest ethics.
Always good to see you here and offering your, solid, level headed opinions and prudent inputs.
Much appreciated.
V
Opp’s………are very smart guys! 😉
I believe that Don passed away a number of years ago, but I am not sure about that. I have had numerous conversations with David and he is, in my opinion, an insightful guy!
Al, I hadn’t heard that, but I don’t know. I guess Don is sending these memos out from the grave because his name is all over the documentation.
David’s name is nowhere to be seen. But I’m not implying that your wrong. I’m sure you would know better than me.
V
I thought Don is still around. David is a strong fundamental guy so I will not use his opinion for market timing. He is a very wise young man. I wish I can have his commitment. I listen to him every week for last few years so it is all I know. Nothing about his personal life.
Boy, I do second that Jerry!
I mounted my horse and hope you guys
don’t mind some road apples in here.
HI HOOOOO SILVER…the PM market is riding away.
I will be on the other side of the moon in a few weeks.
ITS GOING TO BE A MOON SHOT !!!!
Do not forget to take along TONTO………….LOL
Ya Jerry that’s funny… Tonto is carrying all the gold…
ITS GOING TO BE A MOON SHOT.
Heavy, I share your optimism but we ambushed by power that be all the time. Be careful.
I understand Lawrence. I don’t share the same view in these markets.
My analysis goes far beyond what anyone knows here or the anaylists.
I HAVE COMPLETE CONVICTION AND CONFIDENCE.
There is no guarantees but I’m not in this market because
I feel the dangers. Yes, there is risk but not what people here
are eluding to.
Yes, eventually PM will be nose bleeding high but it is going to be very volatile.
The PM market is very high volatility Lawrence.
That needs to be fully expected. One has to either
pretend they don’t own it for a few years because
they will do stupid moves trading in and out.
Only to lose money. We either have to accept
the volatility, pretend its not there or stay out.
A rigged game that is why I added Nasdaq stocks on dips and held my positions because they will turn up the markets before the Fed meeting.
I guess you are betting on that FED will let you down. You might be right. Hate this unnatural market. In this kind of market, only insiders and gamblers could win.
Hey, you guys remember back in October when all of us gold bugs were anxiously looking forward to September and the anticipated seasonal highs we were all planning to reap? Remember all those charts showing how gold “has” to rise in September because that is its period of highest earnings? Yea, good times.
So happy I’m in this for the long term… sorta.
Funny guy Ron! Ha Ha.
Should be FED will NOT let you down. Sorry
I have trouble reviewing what I write in this small editing window.
That makes two of us. I can’t see a damn thing anymore. Control + makes the text bigger though. Try that and see if it helps.
How can you tell that uranium is going up? The stocks are going down (;-/
http://stockcharts.com/h-sc/ui?s=UEX.TO
An example, I don’t own any. Uranium up 15% but stocks are tumbling. There is still a lot of negativity over uranium in Japan but when the lights go out they will have a different opinion.
IMHO the low share prices are due to almost no cash left in the kitty. Maybe a confident little company will start the ball rolling with a big financing. Funny; nothing has changed underground. Why doesn’t new technology count when it comes to nuclear energy?
Is your server on strike today or something, Al? Current shows won’t load but yesterdays and prior are no problem.
At least one European has commonsense:
http://www.telegraph.co.uk/news/worldnews/middleeast/syria/11098811/Nigel-Farage-Stop-opposing-Vladmir-Putin-in-Ukraine-and-join-forces-to-defeat-Islamic-terrorists.html