An in-depth look at the energy markets
Click download link to listen on this device: Download Show
LISSEN TO YOUR RULLER ! https://www.youtube.com/watch?v=a2Y3UQMwoLk
With a electronic currency ( THE POPE ) will one your ass ! Control all you eat buy and need ! You will see you will see !
REALITY ! And all very secret and hidden ! https://www.youtube.com/watch?v=uWSxzjyMNpU
Franky,
Please explain to me why you are convinced that the Pope is an evil man who is trying to rule the world.
Everyone is certainly entitled to his/her opinion.
Take a little time, if you would, and write a serious reply.
Thanks,
Al
The institution of power and monopoly and money is the vatican ! And so good organist we can’t Meagan ! i Will tray !
AL ! A wonderful whit wine you need to buy fore your wife ! http://coulee-de-serrant.com/fr/
I drink the 1992 ! 3 weeks a go butiful ! Woman love diss !
franky,,,,,,is that one of those sissy white wines………………….ootb
A STORY OF POPE CLEMETIN ! DAY CONTROL ALL YES THE BORDEAUX WINES OLSO ! LOOK THE SYMBOLS ! https://www.youtube.com/watch?v=7QIuHlSdRtM
JERRY ! Thee woman need a man to GO HOME after Drinking DISS !
when I first read this ……..I thought it said THREE WOMEN….., well, I will not say anymore , this is a family show……………………….lol
Well, he’s not quite my ruler…but we’d all be better off following this advice! Pope Francis has also come out against speculation in financial markets where food and commodities are concerned…another sound idea.
CHRIS ! Don’t forget diss beast has two heads ! https://www.youtube.com/watch?v=-IeZvqQauWY
ONLY JOKING REAL NOW ! YOUR PRESIDENT ! https://www.youtube.com/watch?v=2aWIC_e2A7s
LOOKING DISS ! https://www.youtube.com/watch?v=OfUFSa7S1xY
i see your-lost alrady god help us !
THE RULLER OFF THE WORLD ! https://www.youtube.com/watch?v=N0pnL6_AYXU
NICE GOLD COINS ! mmmm !
God helpe you to see trust GOD !
In the END TIMES……………Political, religious and economic…..is the new BABYLON, as called for in Revelation……………
Methinks the concern is that the Church has been a political force since inception. It is a politcal body whose hierarchy has great sway over the minds of a billion people. He’s a Jesuit and they are defined within the body as the ‘Church Miltant’
It’s good if he comes out against Usury – which defines our monetary system. But he can’t attack the monetary system because the Vatican is essentially a bank.
Malachi Martin, (former Jesuit insider, now deceased) has several books out on the Vatican’s ideological internecine power struggles from within the Church. His books chronical the machinations of the Vatican in shaping the power structure of Latin America and European Union – i.e. “Wind Swept House” is a quasi- fictional account of the Church’s involvement during the early days of the later. In it readers can see WHY Martin had to change names to protect the not-so-innocent.
Thanks for that contribution, R. John. I for one am very familiar with Malachi Martin and what he uncovered.
This current pope is interesting. He has said some very poignant things about the concentration of wealth, social and economic justice and more…often channeling the great Pope Leo XIII. Trouble is, Bergoglio doesn’t go far enough to the root cause of the problem — usury. It was the Catholic Church that dropped its centuries-long prohibition of usury, AND engaged in its own nefarious such banking practices.
I imagine we’d know that this pope is really serious about gutting things only if he ends up like Pope John Paul I — whacked.
BABYLON……….is the WORLD,,,,not just one city……..since we are global.., it is the global economy, global religion, global politics…..
Thank’s Chris and Jerry !
Thanks Al & Cory for having Chris review the energy sector. I feel there is a strong correlation to energy and commodities anyway, and many commodities investors also invest in energy because it is the “STUFF” the world runs on, and will always be in demand.
Chris, great thoughts on how our sanctions may be punishing N. America and Venezuela, etc… as much as Russia. Also, Russian exchanges in their native currency bypassing the petro dollar is key as well.
I am curious about Japan’s energy consumption since they have had all their nuclear reactors down since Fukushima they have been buying expensive oil & gas. Now with the retreat in oil & gas prices, their energy costs just came down. How do you see this impacting the restart of their nuclear program?
I imagine Japan has sense enough to realize that they need to follow through with getting their reactors going again. Sure, oil and, to a lesser extent, gas may be a bit cheaper now…but they still have to import just about everything. Longer-term, assuming that oil and gas move back up somewhat, they are still better off having nuclear energy as a healthy part of the mix. Of course, what Japan DOES in the end remains to be seen!
Interesting comments, Mr. Temple.
Many people have pondered long and hard over the price deflation / price inflation conundrum without being able to reach a conclusion.
May I point out, however, that historically money printing has always ultimately resulted in price inflation. I would suggest, therefore, that any price drops have of necessity of the laws of economics to be only temporary. “Temporary” may be longer than some companies in the energy field can remain solvent, but I expect most of the larger energy companies not only to survive, but also to prosper by devouring some smaller companies.
That is most likely true…as I suggested in today’s earlier segment, we will end up in an environment reminiscent of the late 1970’s, where stagflation and greater relative strength in commodities compared to equities and bonds was the pattern. Not everything will be the same; especially sovereign bonds of most major countries, that will remain propped up even as other areas crumble. Nor will all commodities participate, at least not right away…PM’s and food-related ones will do the best IMO, followed by energy and industrial metals (I speak generally, of course; not all will do as poorly, say, as iron ore, coking coal and the like.) But even the rest of those will eventually catch up, once the central banks start adding a zero or two at a time to their respective QE programs.
CHRIS ! Day are real ! https://www.youtube.com/watch?v=72-HuQwxJrk
Oil is tegraphing delfation like it did in 07-09. It is critical you look at the charts for oil and the indexes and compare them to today. Overlay them…. You’ll how we round over the next 7 months…..
the rounding top was started by oil in 2008ish…. go look..
It is the canary
oil also broke a huge bearish triangle flag the next 4 months in the making
4 years I mean…. that flag is a monster
MARKET ALERT!!!
Massive volume shares registered on GDX and GDXJ:
25.534778 GDX shares / $19,77/ 16:04pm (after market)
1.250.000 GDXJ shares/ $27,71/ 17:24 pm (after market)
Yes, volume for GDXJ today exceeded the volume on Friday (bullish).
Silver had the BIGgest SWING EVER……………….zerohedge…………..
The rouble is being smashed – the oil price game is obviously designed to hurt Putin. Perhaps the gold moves are Russia related also?
Interesting article about it in Tuesday’s Telegraph.
YES MAN !
I really dont think that Putin’s Russia is the target. The shale oil boom in the US was funded by junk bonds…it cannot take a sustained low oil price. I work for a global oil player and our company have a hiring/transfer freeze in place with layoffs in the countries with expensive extraction rates.
So these shale producer/explorers are leverage and the price is coming down, so they won’t be able to pay their debts. Does Morgan or Goldman have to eat it? Obviously they sold the paper. Will it be another reason for another QE? That’s what the QE was about, to clean up all the toxic paper from Real Estate trust bonds. Who will pick up these companies when they go belly up. The people with money the people who can borrow money with next to no interest. Goldman and Morgan and other bankers will be able to scoop it up, repackage it and sell it again to those who ate the debt. Will they have cdo on these shale companies that we will have to pay for again?
FYI, Here’s a little lesson from Yours truly on the cause of the 2008 financial crisis…and why Wall Street may have sown the seeds for the next one by forcing so much cheap $ into the shale producers.
https://www.youtube.com/watch?v=KxTMoiJAhZk
Thanks Chris – very insightful. The only question is, who are “We”? This whole thing with OPEC is the US State Department colluding with the Saudis to try to hurt Russia. You understand this. You also understand that as is the case with most, if not all geopolitical strategems, it ends up hurting US. The State Department is no longer “Our” State Department – it hasn’t been since the late 40’s. See Anthony Suttons supurb, well documented books. Another very good, thoroughly researched and documented book to check out is “NATO’s Secret Armies” by Ganser Daniele. There you will begin to understand how the history of ‘Gladio’ has shaped East European sentiment. And if you really want to understand current Realpolitik see http://isisexposed.com – a little tongue-in-cheek with a reality check!
I really enjoyed this segment Chris.
Thank you.
You’re most welcome!
~ Good Evening Alexander (very cool name, by the way)
Matthew was the person that brought up Claud Resources on this blog.
It would be nice if you could acknowledge Matthew on the Weekend Show.
~Brian
Israel is opening up large gas fields and is proposing to supply the EU with gas in a strategic move that would decrease the EU’s dependence on Russian fuel. The pipelines would run from Israel to Cyprus through Greece to Italy.
http://www.timesofisrael.com/israel-pitches-massive-natural-gas-pipeline-plan-to-europe/
Brian….
Are you sure ?
On November 7, 2014 at 12:25 am,
Biggus says: Claude Resources is a good buy for any rebound in Gold.
On November 7, 2014 at 3:07 am,
RICHARD says: Biggus, thanks for bringing up Claude—-they appeared to do well on their 3rd quarter financial report and their technicals (especially weekly charts) look promising to me. I had never heard of the company until you mentioned it. Thanks again.
On November 7, 2014 at 6:44 am,
biggus. says: Doc…i searched last year for producing juniors that had been beaten down bid time but with a lot of potential. I came up with Claude and Lake Shore Gold. Both have cut costs and producing great results recently. Both will do very well. I also bought into Eagle Hill which brought me to this site……Down on Eagle HIll but i still believe they will be a good buy next year after they release their PFS.
On July 29, 2014 at 11:00 am,
Matthew says:
Claude Resources (CRJ.TO) is another one that has been really beat up by this bear market. I am convinced that the worst is absolutely behind Claude and that the current price reflects risks that just aren’t there and concerns that have been dealt with. It just rallied 100% in five weeks and is going to go much higher in the weeks and months ahead.
On August 11, 2014 at 11:24 am,
Matthew says:
CRJ.TO is one that I stuck by (and bought a lot more of) that definitely has better days ahead, IMO. It is currently up 122% in just over 2 months.
On August 28, 2014 at 2:38 pm,
Matthew says:
This is for Brian or anyone else with an interest. Based on enterprise value per ounce of gold equivalent (EV/AuEqOz), Claude is a bargain compared to its peers. For example, it would have to go up 5-fold in order to reach AuRico Gold’s valuation.
http://www.goldminerpulse.com/gold-mining-valuations.php
On September 22, 2014 at 10:01 am,
Matthew says:
CRJ.TO (CLGRF in U.S.) is making money again and trades at one-third of book value.
It is up 2.7% today on its U.S. listing.
On September 22, 2014 at 10:57 am,
RICHARD says:
And that’s one reason why I read most of the comments——looked up this company (which I was unaware of) and like a lot of what I read.
Great podcast Chris.
Very insightful – no surprise there 🙂
And you’ve indeed been very early in warning against the potential consequences in various financial markets of some default within US shale oil producers.
I think your early warnings and worries will be proven to be spot on in a few weeks or months.
Best to you,
LPG
Comparing the current shale debt burden to sub-prime mortgages here:
Nobody mentioned Moody’s downgrade of Japan’s debt yesterday.
To me, that was a noteworthy news, which might have played a role in gold/silver snapping back from intraday lows (although I have looked at the timing coincidence to be honest).
http://www.zerohedge.com/news/2014-12-01/three-reasons-why-moodys-just-downgraded-japan-aa3-a1
Maybe it’s not as important of a “news” as I think…
Best to all, GL investing.
LPG
Right you are LPG — everyone seemed to yawn at that. Sovereigns being downgraded seems to matter little – esp. in Japan’s case, when the entirety of the JGB market has effectively been nationalized anyway.
Thank you for your input Chris.
Best to you,
LPG
One month lease rates…………..fall………..to .53%
My speculation is that there is no hard bottom in gold price. However, the region under 1180 is the region the bullion banks lose a lot of physical gold, which is reflected in GOFO rate and lease rate. Therefore every time they press the gold under 1180, they realized that they don’t have enough gold to hold the price down. At same time, there is not enough selling from longs to compensate their loss. They have to pull back. The current price is probably the point they can stabilize and accept. They don’t want to let the price go up yet. I can imagine that they still lose a lot of gold but they can get it sourced. However, their inventory is limited and the buying unlimited, since the supply of the paper money is unlimited. So the low in gold is somewhere around 11xx. When someday people waiting on the sidelines realize that the price they are waiting for is not coming, they will jump in. India is also increasing physical gold buying. China is importing more gold than before. One day, they have to retreat and a tidal wave of buying is going to chase after them.
I feel very hopeful that fundamentals will defeat manipulation someday.
Kirby…..at watchdog usa………..says…..the Asians are paying 50% over spot ….this should wake some people up………………………..
Is it $50? I doubt 50%.
What happened to all the joy from yesterday? Was it a bear market bounce?
Im puzzled. Who here think we turn and end green for the day?
Everytime marty speaks or says anything related to gold we get hammered the following day..Unbelievable.
By the way anyone in here follow or purchased marty’s ecm letter?
Skeeta,vortex,biggus,ken,i believe there was someone? Would really like to know if someone out there purchased his newsletter?
Off topic but worth reading:
http://www.321gold.com/editorials/thomson_s/thomson_s_120214.html
Author is quite optimistic on India. I hope it is well founded. I am sure people will keep buying gold since it is a tradition there. Relaxing the restriction will definitely help import. However, the trade deficit will rise and Rupee may suffer. This is exactly the reason why the Indian government restricted gold import since my speculation is that the currency will be attacked if gold import is not restricted. Wall Street will make it happen. India cannot fight Western financial system like China yet.
Most gold bulls predict world economic trouble and down fall of emerging markets. Somehow they think it is bullish for gold. However, if China and India collapse, the demand for gold will diminish due to the reversed wealth effect. Be careful what you are wishing for.
The author is a retired Merrill Lynch broker who didn’t seem to focus on the miners until several years after the “real” gold bugs. I agree with his view on India and I do not buy into all the extremely bearish opinions on China.
With my limited understanding of India, I think India needs to reform its social structure, government bureaucracy and education system before it can move ahead in a major way. As for China, I think the transformation from a rural to industrial population will sustain itself for quite long period of time. The bottle neck is political system, energy and pollution. There are opportunities for us if China moving along its designed path. Silver is needed badly in solar and nuclear becomes the major source for mass power production, replacing coal.
Yes CHRIS ! YOU START TO SEE THE NEW WORLD ORDER PLAN !