Summer is definitely here.
Click download link to listen on this device: Download Show
Summer is the time to take it easy and assess your portfolio. That is certainly what we are doing.
Notice to JJ…time stamp your market calls in posts.
I do it.
You have absolutely no credibility.
Give your fruitless exercises a long ..long rest.
Don’t give me any lip either. Its only fair game.
The BS is already knee high in here.
I think he is gone…….and said bye, bye to matthew………and shad……”I think, therefore I am”. ๐
Com..on ..everybody……lets have …a good time !!!!!!
There they go….YEEEEEEE….HAAAAAAAAAAAA !!!!!
http://www.youtube.com/watch?v=HKlhW0Xi1m4
Isn’t that….SWELL. !!! ๐
is it better to be in the pink, or the red…………
I’ll definitely take the red list in favor of the kill shot than go to
the pink loonie tune bin.
they will be rolling out the red carpet……….
just remember, if the carpet stays out in the sun to long…..it turns to pink…
No red carpets….its going to be….swallow a few bullets.
Guiloteen Renovator …will be extremely busy too.
Ha…Ha…heads will be a….Rollin…
And the dreamers..keep dreamin. The BS will continue
until the very last day before destruction.
franky….Stop…..WW3. Alert…we boys are still on it.
TPP..ALERT….
R.F.I.D chip is in TPP. Story developing.
Going to be mandatory to work, buy and sell.
Cash will be eliminated.
YOU GUYS BETTER WAKE UP….
THANKS FOR sputnik report…………
Your welcome…
Been holding back the main report.
No one is ready for it yet.
HA..HA…BECAUSE THEY CAN’T HANDLE THE TRUTH.
We really are doomed. Take the chip…or don’t eat.
These characteristics and mode of living/thinking will
continue.
KEEP SINGING YOUR SONG FOLKS.
http://www.youtube.com/watch?v=qxWZT0PXkGg
Sing it….all the way to Singh Singh….
Crash, bang…boom….and a mega…SPLAT !!!!
Hope you are wrong!
Well then, get out your shovel!
Big AL…..Stop…
Human 2.0 and they will smile as you take a bite.
https://www.youtube.com/watch?v=Xwah_k24i0I
You too….Reverend Andrew…franky…STOP
CAREFUL…Alert…
Thanks Heavy
This is an interesting article that coincides with the discussion we’ve had on this blog a few times recently that points out a rise in rates doesn’t have to be negative for Gold.
WARNING: This is a Fundamental data point and is likely useless
Fedโs First Rate Hike In 9 Years Doesnโt Have To Be Negative For Gold โ Macquarie
FED has been raining rate from 2004 to 2008 and gold kept rising.
GOld up and down does not have anything to do with fundamentals. It happened since October 2012 QE3. Money is loose and gold goes down. It is US and custodian gold which is released to the market.
Good example Lawrence.
Yes it certainly did, Lawrence!
I’ve been stating for years now that rising rates will not be bad for gold. No “mights” or “maybes,” gold will be fine.
You’ve been very consistent on this topic for sure Matthew. I believe about 2 years ago you posted the charts showing that gold rose in value the last few times that rates were hiked after being suppressed for a while. I have to tip my hat to you sir, because at the time that was counter-intuitive to my thinking, and now it is making more sense when you take it in context of what the real rates are.
….and the first sparks of inflation…….
Yup, for a recent example, the 10 year U.S. Treasury yield went up about 70% from its 2003 low to its 2007 high (@5.25%!) and gold went up 82% in the same period.
I’ve tipped my hat to Matthew for the same length of time Shad. He’s completely steady seeing off the fools one by one! lol.
I don’t know about that, Andrew, but thanks!
OR… a long dirt nap?
https://www.youtube.com/watch?v=3L_isSGyVqU
A rock and roll classic.
Jade Hell..TPP..Vatican..WW3 = ..DIRT NAP
R.I.P.
If people would have only woke up.
http://www.youtube.com/watch?v=8de2W3rtZsA
If people only would have listened.
TOO LATE NOW…..LIGHTS OUT !!!!!
But no. they laid back and puffed on a big..Fatty.
Thanks for your continued commentary, Reverend!
‘A peaceful man stands tall’, Al as sung by Megadeth.
Cool is the way
Matthew my buddy paid my way in to go see Megadeath open for Iron Maiden two years ago, right on the main floor down in front of them. They can still rock it out, and had more of political commentary under the large video screens discussing past/present/future politics, war, GMOs, and the coming military industrial ravages of the modern world. Amazing guitar solos for hours…..
HH – that was a wild video as well : – )
Shad, who would have thought that they would still be at it after 30 years? And Mustaine hasn’t changed much; he must have more hair than any other over-fifty metal head. ๐ฎ
Shad, I’m a wild and crazy guy…
Actually, all credit goes to franky.
He sent it to me and was bustin out
laughin. Lady friend of mine last night
showed it to her and she had no comment.
It is a weird gig I have to admit. Laughed at
all the other videos though.
Leave you with this…..Looks That Kill…
http://www.youtube.com/watch?v=JUtWHPZk7Es
Crank the volume. This is a …bad boy …for very bad girls.
Hilarious Matthew! Yes, you also should have seen some of the guys with white hightops and spandex pants and tight shirts that showed how much gravity is starting to take its toll on the body but not their metal spirit.
HH – Motley Crew has always rocked. Love it! But I’ll say this, your absolute best post of the day was the Let’s Party post with the Flying Pink Elephants. I laughed so hard I spit out the food I was eating. ๐
Shad, I just hope is wasn’t a lobster dinner being wasted.
๐
btw…great having you on the site. You supply a wealth of
information and probably the most pleasant guy who has
ever posted.
Thanks HH. Have a good one!
I put a lot of credence in your opinion Matthew. Hope you are right. But, then again, I don’t see rates going up for awhile. And, then again, I told see an upward major move in gold for awhile.
I agree Big Al on all points (Matthew is A-OK; rates aren’t going to go up “meaningfully” any time soon; and gold isn’t going to have a “major upward move” for a while).
We talked about that a bit with Dan K. Will be on the upcoming Weekend Show.
Looking forward to it, just like every weekend show.
Here is an interesting article:
“How Are North American Gold Miners Currently Placed?”
Todayโs Gold Environment: Can Gold Miners Cut Costs, Reduce Debt?
http://marketrealist.com/2015/06/north-american-gold-miners-currently-placed/
Here is the 2nd part of the article above If you can see this, then you should see the other 8 parts that follow. It is a 10 part article:
http://marketrealist.com/2015/06/cost-gold-miners-digging-gold/
Now Both World Bank and IMF are calling FED to delay the rate hike to 2016. Those organizations serve the Power that be so they don’t say things contrary to what US government is planning. I suspect they are trying to spread the rumour to have people prepared. Can you entertain what will happen is FED donโt raise rate in 2015, or even 2016? Both year 2000 and 2008 bubble were produced by FED 1% interest rate for 1 year. Now FED has kept rate at 0 for 6.5 years. This is absolutely insane.
Gary, do you have some thoughts for this?
They are definitely making the same mistake they already made twice before.
I still believe the FEDs acts on behalf of the big banks. The largest investment that the average person has is their home. Unfortunately, most do not own their homes, which is even worse. Now, first time home buyers are renting rather than purchasing.
Secondly, this is also a global problem, not only a US problem. Around by me, 50 year old homes are selling for $700,000. This same home could have been bought for half 15 years ago.
Now, everything in cost is exploding. Education, health insurance, (be prepared for another 20% increase), food, taxes, etc.
So what other choice does the FED have? And yes, it is insane.
TEN CENTS ON THE DOLLAR………coming………..Called BR……….
I feel that the world will look very different 10 years from now. Something we take as granted now won’t work anymore. Saving will have a different meaning, definitely not cash in the bank.
Savings in the bank, will be the banks property……….
Also pension will be a dirty word
especially govt. pensions
Government pensions will be the LAST to go. Everything else (bail-ins, etc.) will be sacrificed first.
Remember the owners, Doc!
Throw the history books and past performance away.
NEW PARADIGM !!!!
ditto
Well, at least I know that you listen to some of what I have been saying!
We listen to everything you say Big Al, because you are the man!
INSANE……….”0 for 6.5 yrs. This is absolutely insane”…………..100% correct
This is the problem of Keynsians. They assume that we will die some day but their grandsons still alive. He did die though so it is OK for him and his generation. The whole world is on road of no return, a super bubble.
ditto
Shouldn’t it be Borris from Moscow?
I think Borass from Moscow would be good…………
good one.
I personally like “Vladdy” from Moscow ๐
how about……S.Frosty from Moscow
We need to take up a vote, before the end of the day…..
I am order new business cards…and the offer expires at midnite… ๐
should be ordering,,,,but I hate ordering anyone around….
Yep Lawrence, “in the end we are all dead”.
Double ditto- get my cell number from BIG Al and call me Jerry!!!!!
ok…………….
it is up to BIG OWL……now……………mission done.
Huh?
Give me a call Frank. 360-606-1874
back to hooters…better to have a pair than a spare…better than Moscow…
Yes FFM – Insane is right!
I knew may insanity would pay off…………
may to my………….mayday, mayday,,,,,,,,
๐
So where do we send the checks?
For me, this is not a time to take it easy. Opportunity is knocking.
DAMN STRAIGHT!!!
And it’s knocking with both hands, if not, pounding on the door!
Is that what that is…..I thought it was my head pounding from all the conflicting numbers that keep get reported. ๐
Or it could be all them “spirits” you’ve been ingesting while trying to figure out these confusing markets ๐
Well said. I’ve gotten rather spirited!
And never switch your attention away from THAT opportunity !
I love Young Frankenstein Brian. Good one!
M. Alan-vestment ain’t malinvestment! ๐
Looking at the VIX 15 minute chart….
Could see a wedge forming on the last drop here as it attempts to fill in the gap created on May 26th. That might be a place to look for calls on the VXX and short some etfs and select stocks.
http://stockcharts.com/h-sc/ui?s=%24VIX&p=15&b=3&g=0&id=p81040948063&a=377854615
SAXO BANK
Steen Jakobsen: US Credit Cycle Peaked, Zero Growth Coming to Europe – 11 Jun 2015
SILVER EXPLOSES IN INDIAN…………..UP 3000MT……..zerohedge
this might change the gold to silver ratio……which GT does not exist……..
๐
spell check……..explodes………….
We should get a great buying opportunity this summer with GDX around $15. Just have to be patient and then you could get a 40% rally over 2 months – Aug, Sep.
Agreed Paul L.
Below is a good interview with Mickey Fulp and Kerry Lutz from the Financial Survivor Network. They get off to a funny start, but then they cover the general markets, smart money starting to position itself, Gold price, Bitgold versus Bitcoin, and more.
http://www.goldgeologist.com/audio/Financial-Survival-Kerry-Lutz/Mickey_Fulp_01.Jun.2015.mp3
They also have some interesting thoughts on Platinum, Palladium, Copper, Platinum-to-Gold Ratio, Silver-To-Gold ratio, Brent crude Oil versus WTI Oil pricing, Natural Gas pricing and future projections, Nuclear power & Uranium, & Japanese Reactor restarts, and the summer doldrums and then more on Uranium miners again – They also feel the buzz is picking up on Uranium miners.
TORONTO CONDO HOUSING GLUT……………..zerohedge
thx 4 the link Shad
No problem bb. That was a really good interview with Mickey Fulp and Kerry Lutz and they covered a ton of ground on almost every area of the marketplace.
Cheers!
.no surprise. Precisely as predicted.
and this market looks grim. O is at
the helm. He can do whatever he
wants. Jade Hell ?
On June 8, 2015 at 10:25 pm,
HEAVYHITTER says:
Hereโs a preview of golds future. Expect a rally into wed.
and then a big fall for the the remaining time into next
week.
Gold is going to fall on hard times unfortunately. Oil
does not support gold at these prices.