Cory.
if the world deflation is going on right now then why energy is a good investment to looking at it. all the guests in your show are talking about. comments please?

Two comments:
On the macro level, most sovereign producers’ budgets depend solely on their oil income to fund the majority. Norway is an exception. Which one is going to fall on their sword to save the price??? No one is the answer, including the Saudis.
On the micro level, who is this country is rushing to fill up their vehicles when tomorrow’s price will likely be lower? Not I.

We can see the supply/demand picture quicker in oil than gold/silever since there is no above ground supply. Regardless what, the current price is too low since most countries cannot fund their social program with this level of oil price. Stakeholders have to cut price otherwise they face serious problem even revolution.

Thanks for the energy focus, I would like this to continue with extra time spent on energy Al, thanks!

I mentioned this to Al yesterday, fundimentals is no more than supply and demand, I mentioned oil specifically, we produce more oil than we use so the price drops.
Neat to talk about who is or is not producing and why, but the only thing that really matters is how much is produced and how much is used.

When we keep our eye on those two “considerations” we are much more likely to invest correctly. At least that how Ive found investing, other than the odd aberration, but eventually prices should go to where they should logically be.

That’s the issue with figuring out gold, we have no idea the supply available, the only thing we really know is all demand is repeatedly and continuously met, the run to 1800+ could have been an aberration.

Al, I have over the years off and on caught one of your commentaries on precious metals. Several years ago, when I began to follow precious metals, your voice was always a reasoned one. One can tell the character of someone by listening to not only what they say, but how they communicate. Because of this, I have always had the deepest respect for your commentaries and viewpoint. As of late I have discovered how to catch you show daily and now am impressed even more with the tenor and reason you give to the show. Thank you for the character, dignified and respectful manor in which you share your insights. It helps me a great deal to determine how I can invest well. there are a lot of voices out there, but yours is worthy of respect. Thanks, Ron

John Embry of Sprott Asset Management: “Investors are doing the right thing by attempting to buy physical gold and silver at these depressed price levels. But it’s absolutely critical that the dealer with whom people are placing orders can guarantee you almost immediate delivery.

I think the gold and silver paper market is one of the greatwar Ponzi schemes on earth. So if you are going to buy physical, make sure the entity you are buying it from has it immediately available for shipment. If they are telling it’s going to be many weeks or months, I would run the other way because there is absolutely no excuse for that.

I just found this funny, he states there is no excuse for waiting on metel, is that par chance due to there is available all a person could want to purchase?

Ive read the “warnings” of coming price drops, my guess is they are right, prices should drop, but not because of what these “warnings” are stating, just simple supply and demand, more supply than demand.

If young people aren’t driving so much, it’s because they can’t afford the cars because they don’t have jobs, and in turn don’t need to get up everyday and drive to work and back. So they can’t afford the cars and they don’t need them. Thus round and round we go as the American economy goes to sleep–right on schedule as Ross Perot predicted. Amazing how soon we forget.

Wow. Everyone needs to read Charle Hugh Smith’s analysis that Rick referenced in the interview: “The Oil Drenched Black Swan” http://www.oftwominds.com/blogdec14/oil-black-swan12-14.html –Indeed!