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Forget about the gold:silver ratio – judge the metals on their own

June 10, 2015

Chris joins us to chat about gold and silver. He sees signs that we are in a long bottoming process. There are some bright lights in the sector that we should take note of. We wrap it up with comments on the gold:silver ratio. Those are not to be missed.

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Discussion
31 Comments
    Jun 10, 2015 10:22 AM

    LONG TERM INVESTMENT………….

    Jun 10, 2015 10:25 AM

    I. NEWTON

      Jun 10, 2015 10:26 AM

      I disagree with Chris……..

      Jun 10, 2015 10:27 AM

      Chris the entire world does not own cars……..

        Jun 10, 2015 10:45 AM

        Does a HOTWHEELS car count? 🙂

          Jun 10, 2015 10:57 AM

          if you have enough with the right vintage, you might be able to buy a cheap car…. 🙂

            Jun 10, 2015 10:19 AM

            I have to buy my son a new one every week.

            Jun 10, 2015 10:30 AM

            I use to collect them for my son , cheaper than the full size models………. 🙂

          Jun 10, 2015 10:39 AM

          Oh man! Then maybe I should take a look at my old collection

            Jun 10, 2015 10:58 AM

            Well……..gold to silver ratio today……..74 to 1
            Hotwheels……scale …………..64 to 1
            Must be a sign……………….lol

            Jun 10, 2015 10:43 PM

            LOL!!

    Jun 10, 2015 10:52 AM

    Way you olways talk space Aliens Chris ? Corruption and manipulation is ok !

      Jun 10, 2015 10:00 AM

      A little sarcasm, Franky, directed at those whose explanations for gold movements (or lack thereof) seem to always end up blaming some shadowy cartel, etc.

        Jun 10, 2015 10:12 AM

        franky is correct Chris Temple. The gold market
        is being over runned by criminals and corruption
        lawlessness. You blind to that too ???

        Take your blinders off…man.

          Jun 10, 2015 10:23 AM

          1 Corinthians 1:22
          1 Corinthians 1:28-31

          Jun 10, 2015 10:12 PM

          Not hardly, Heavy…there’s not a market that isn’t manipulated to some extent…by focusing on gold, those who worry about that particular “conspiracy” are focusing on a pimple on a flea. Our problems, and the criminality in the markets/government go FAR beyond gold. My gripe is with those who focus only on that…and embellish the gold “conspiracy” – and render themselves fools/marginalize themselves when there are far bigger fish to fry.

            Jun 10, 2015 10:21 PM

            Chris, we have a difference of opinion and that’s fine.

            Only in the case of gold market mutilated and demoralized
            by these Central Planner thugs.

            My grip, talking about grips what are they willing to do next
            to keep the metals pinned down.

            You and me Chris come from the era where the metals were
            manipulated but nothing like this. I’m afraid that many surprises
            are forth coming in laws and Obama can do what ever he wants
            as well. He now controls The Western World.

            I believe that anyone who is into the metals should know the huge
            perils above. Be prepared for a possible butcher job. Not be arrogant
            and complacent. We are now dealing with criminals. Butchers.

            The gold pumpers are not disclosing all the high risks. These thugs
            are winning and may continue to. TPP is not positive for the metals.
            Its now a chop shop for labor costs and Americans are now the target.
            All non third world nations included.

            Bullish case is fantastic but there is the enemy out there now with unlimited
            powers and now TPP.

            These Western World thugs are not going away Chris. Only to get more intense.

            IMHO…..FWIW….Your points well taken though. I just believe this is much
            more serious than people want to believe for the time being. We could be
            in for a very significant rally in the fall but we need to see what these thugs
            could be planning next. That’s the part I don’t know and very cautiously
            being very conservative per reasons above. Not looking good.

      Jun 10, 2015 10:08 PM
        Jun 10, 2015 10:22 PM

        Yes, and The Pope, Vatican, Obama all interconnented
        with the luciferian elite of the world.

        NWO….to depopulated and enslave humanity.

        OBJECTIVE…to rob everyone of their souls and eternal life
        with The Father in Heaven. Hell awaits those that are deceived.

      Jun 10, 2015 10:25 PM

      Franky is cranky today, he must have taken his ugly pills. LOL!

    Jun 10, 2015 10:04 AM

    For you Chris Temple….or anyone who believes that our nation
    is not falling into anarchy in the many months ahead. Not years.

    http://www.youtube.com/watch?v=5OlP0skeNHQ

    At the 4 minute mark on the video. June 2, 2015
    this is a must listen. Then decide for yourselves.

    KEEP YOUR BLINDERS ON… its your choice.

    btw..Vatican is playing a significant role is the NWO.

    Its all being pioneered by them and the Pope.

      Jun 10, 2015 10:21 AM

      The Pope is obviously a false teacher and prophet or
      what ever you want to call this man who is clothed in
      fancy garments and wears this ridiculously looking
      crown like he is royalty god like or heavenly king.

      Its satanic and all these rituals and materialism.

      What do you call this. Its not from God.

    Jun 10, 2015 10:13 PM

    Matthew-
    The Collapse Is Now-Gregory Mannarino
    By Greg Hunter On June 10, 2015 In Market Analysis No Comments
    4_jpgBy Greg Hunter’s USAWatchdog.com

    Financial analyst Gregory Mannarino says time is short for the next financial calamity. Mannarino contends, “Not only are things are getting close, but we are here now. This is it. . . . The collapse is now. Look at what is going on. . . .Despite actions by world central banks, which are unprecedented, we are still going nowhere. The economy is going nowhere. The proof is simply in the money velocity. The issue with the money velocity . . . or at least one of the reasons we are not seeing massive inflation, is the cash is not moving. Once cash starts to move, and it will move, all of those extra bills that have been printed out of thin air are going to be chasing the same amount of goods. You do not need to be a rocket scientist to figure this out.” Mannarino goes on to explain, “Cash will leave the debt market, and that will push yields higher. That will put pressure in equities. This is a reverse of what we see now in inflating this super bubble here. There is a super bubble in debt. There is a super bubble in stocks. When all this cash starts to move, it is going to look for a place to go, and it is going to move into commodities. As this is occurring, all these bills digital or otherwise, that are around the world . . . when people see the value of currency start to drop precipitously, they are going to come back here to the United States. Massive amount of bills are going to chase the same amount of goods and whamo–there’s your inflation.”

    Last week, Mannarino said the stock market had topped, and it has nowhere to go but down. Why? Mannarino says Dow Transports need to be rising in order to sustain a rising stock market. With all the gains of 2015 now wiped out, Mannarino says, “You would expect the Dow Transports to be rising with the equity markets or stock market. We are not seeing that at all. There is an absolute disconnect here. . . . The Dow Transports have begun a clear leg down, and unless something dramatic happens to bring the Transports back up, this bull market is over.”

    On the recent run up in 10-year Treasury yields, Mannarino says, “This is the free market just trying to determine fair market value. When this comes down, forget about it. There is going to be a moment when all assets will correct.”

    The correction is going to be painful and deep because Mannarino contends, “What we have here is an environment involving the most gargantuan bubble that has ever been seen in the history of the world. What we know about bubbles is this, every single one without exception bursts. They burst because they rise above a level that can be sustained by any means. That means despite whatever the central banks are going to try to do to keep this whole thing pushed up, it will be the free market that will dictate fair market value. That is going to be that epic snap back where all assets across the board, debt, currency, metal and stocks, correct to fair market value. It is going to shake the core of the earth when that happens. It is going to be nothing but a wealth transfer. People who have exposure to this market on the long end, 401k’s and retirement funds, their wealth is going to be transferred from their pockets to another group of people.”

    How has Wall Street kept the game going on so long? Mannarino says, “The corruption is so extreme with metal manipulation, currency manipulation and banks that continue to be brought up on charges, and no one goes to jail. . . . It’s unbelievable fraud to such an extreme it is frightening. The entire system is built on trust that the system will work, and the banks are well aware of this and are exploiting it. This is why no bankers are brought up on charges. This is why no one gets handcuffed and no one gets arrested because it would shake the very foundation of the financial system. It is built simply on a trust mechanism. So, the bankers can rig everything, and they are, and they will not get in trouble for it.”

    In closing, Mannarino says, “We are at a tipping point. There is no doubt about it.”

      Jun 10, 2015 10:17 PM

      Thanks Agatha.

    Jun 10, 2015 10:21 PM

    The Jews are very unhappy regarding the dividing
    of their God given land of Jerusalem by the Vatican
    and US Supreme Court with the help of Obama.

    Cataclysmic tragedies are coming to America and
    the world.

    That land belongs to Israel and never can be divided
    without very serious repercussions.

      Jun 10, 2015 10:44 PM

      No one cares.

      YOU WILL THOUGH…

      Jade Hell is kickin off the party.

      Already paved …To Hell.

    LPG
    Jun 10, 2015 10:25 PM

    Here’s a light-hearted “comment” on Silver & Gold, “Franky Style”:

    https://www.youtube.com/watch?v=jmuhR3gqxZM

    Best to all,

    LPG

    Jun 10, 2015 10:57 PM

    A Response to m Mannerino today …QUOTE

    THEY ALREADY DID BLOW. MARK TO MODEL ACCOUNTING FIXED THE PROBLEM..
    NOW IT’S LIKE THE DOJ; OTCDS BLOW, THEY GET MARKED TO MODEL, FINES GET PAID, END OF STORY.

    Jun 10, 2015 10:39 PM

    One for Chris – tomorrow’s Daily Telegraph.

    ‘Bond crash across the world as deflation trade goes horribly wrong’

    Markets ignored clear warnings in Europe and America that money supply is catching fire, signalling a surge of inflation later this year

    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/11666355/Bond-crash-across-the-world-as-deflation-trade-goes-horribly-wrong.html

      Jun 10, 2015 10:17 PM

      It will be interesting, as I’ve mentioned, to see whether this bond selloff is orderly, or whether these mothers of all liquidity traps are sprung sooner rather than later.

        Jun 10, 2015 10:46 PM

        Agreed.