Minimize

Welcome!

Friday Market Commentary with Gary Savage

Big Al
June 12, 2015

Click download link to listen on this device: Download Show

Discussion
135 Comments
    Jun 12, 2015 12:22 AM

    I hope people are getting the message.

    At the 26-27 minute mark on the video.

    https://youtu.be/F2ixjX_GGOw

    Its not a bed time story.

    I post this because of the attitudes
    that all this will just go away.

    Its not going away only through
    a cataclysmic event.

    Jun 12, 2015 12:22 AM

    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.

    This audio is worth the time to listen to.

      Jun 12, 2015 12:24 AM

      ump to 30:15 into the interview above and hear Marin Katusa’s thoughts on the Uranium Sector (5 minutes….and it is followed by a few minutes on Oil). Very good overview of the sector, reactors coming online in Japan, China, United Arab Emirates, his addressing several countries in their uranium outlook and World Nuclear Fuels Market conference. Good stats in that section of the bright future of nuclear energy and the uranium demand picture. His pick of the litter is Uranium Energy Corp (UEC) which is unhedged and has the most upside to higher prices, and it is really far more liquid than any other Uranium miner other than Cameco.

      Marin Katusa: On Leaving Casey Research & Why Speculating Is All About Private Placements — BY COLLIN KETTELL ON JUNE 07, 2015

      http://palisaderadio.com/marin-katusa-on-leaving-casey-research-why-speculating-is-all-about-private-placements/

        Jun 12, 2015 12:29 AM

        sorry….this was repost in case anyone missed it from earlier in the week. That should have said “Jump” not ump. Also, on this show with Marin Katusa the link is below not above.

        The entire discussion and all the links, articles, and charts on 5 different Uranium companies are all at the bottom of Doc’s blog from yesterday for those interested.

        In addition, I wrote a response about the interest rate discussion on Doc’s blog yesterday, and posted the discussion from yesterdays Gary blog about interest rate hikes and how that would be GOOD for gold price, and not bad as Al had mentioned. If you want more to read and listen to today, then check out Doc’s blog from yesterday and Gary’s blog from yesterday, as everyone has continued to load them up with valuable insights.

        Good luck today in your investing everyone!

          Jun 12, 2015 12:42 AM

          Thanks Shad and many thanks for the e-mail!

            Jun 12, 2015 12:57 AM

            Your welcome Big Al : – )

        Jun 12, 2015 12:41 AM

        Thanks for this one too.

          Jun 12, 2015 12:57 AM

          glad to share ideas sir.

        bb
        Jun 12, 2015 12:21 AM

        Interesting, Ed Steer just left Casey Research, wonder whats going on.

          Jun 12, 2015 12:34 AM

          People are starting some new closed-end funds together and some private placements, but each is doing their own things but they’re all still friendly towards one another.

          Jun 12, 2015 12:05 PM

          No idea, as I didn’t hear that.

          GH
          Jun 12, 2015 12:02 PM

          It was my favorite offering from Casey Research.

          Looks like Agora/Stansberry took over, and decided not to fund Ed? If so, it’s a mistake in my opinion. Oh well! Seems like there’s an awful lot of advisories grouped under the Agora umbrella these days…

        LPG
        Jun 12, 2015 12:16 AM

        Thanks for this Shad.
        Best as always,
        LPG

          Jun 12, 2015 12:49 AM

          High five!

          Jun 12, 2015 12:51 AM

          P.S. – I posted way more info in Doc’s blog from yesterday. Was up late reading last night and up early today, so I threw a ton of articles, audios, and garble-d-gook up there and down below in this blog.

            Jun 12, 2015 12:07 PM

            No problem, Shad.

            I was up late last night reading also. The last thing I read was a few pages of Atlas Shrugged. I find that novel to be fascinating!

            Jun 12, 2015 12:57 PM

            Yes I responded to you earlier this week about Atlas Shrugged. Good one!

      Jun 12, 2015 12:41 AM

      Thanks, Shad

    Jun 12, 2015 12:25 AM

    This world is now at the very edges
    of a catastrophic collapse.

    https://youtu.be/PGkIbujqz20

    Also, this is not a bed time story.

    Billions of lives will be lost.

    Jun 12, 2015 12:33 AM

    Gary, you seem down in spirits today.

      Jun 12, 2015 12:42 AM

      Cycle low maybe …

        Jun 12, 2015 12:43 AM

        Psychological cycle low, huh Gabriel!

    Jun 12, 2015 12:43 AM

    The future and the present of American industry and the rest of The World is assured by the application of a distinctly modern principle it is called robotics. Trying to get a job in the future will be extremely difficult, most will live on government hand outs hence the disappearance of the middle class. The guy you see on the street begging at one time was a neighbor, I’ve worked in industry setting up these machines and humans can’t compete anymore.

    Suncor is purchasing 8000 Komatsu heavy hauling trucks to use in the tarsands, they are driverless and this company will save $200,000 a year in wages per truck. That works out to $160 million per year for this company, do you think the other oil sand producers will follow suit. Fort McMurray will be devastated, not to mention that truck driving is apparently the biggest job employer in North America. Brace yourself for the new reality. DT

      Jun 12, 2015 12:56 AM

      Thanks for the observation, Mr. Tracy!

      Scary is the primary word and evolution is the secondary word!

      bb
      Jun 12, 2015 12:11 AM

      People might want to learn how to repair robotics/machines etc.
      The world should still need tradesmen for awhile.

        bb
        Jun 12, 2015 12:16 AM

        On the other note, Suncor might be worth looking at for investment.
        or the manufacturer of the vehicles.
        Profit not jobs is the priority, I think lots of investors around the world will continue to think that way.

          Jun 12, 2015 12:08 PM

          It does seem to be all about profit and not jobs!

        Jun 12, 2015 12:20 AM

        bb, the robots repair themselves, (hint: I once worked in an big gov’t electronic dep’t where we did that, it no longer exists) also Proctor and Gamble have a new machine that replaces an anesthesiologist, it is being confined to smaller applications for now like colonoscopies, the doctors are disturbed to see their jobs go, now you can see the robots are looking after the humans.DT

          Jun 12, 2015 12:24 AM

          The savings are immense for the healthcare system, the machine costs $100 to $200 per patient but a Doctor costs almost $2000, for an operation.

            Jun 12, 2015 12:20 AM

            Good thoughts about the increasing role of robotics and it’s affects on the job markets DT.

          Jun 12, 2015 12:08 PM

          I find that to be terrifying.

      Jun 12, 2015 12:22 AM

      I am not as pessimistic as DT. People can always do better than machine in the areas machine can not do. These area show up everyday. There have been rumor of machines replace human since 1800s.

        bb
        Jun 12, 2015 12:40 AM

        I don’t know if robots replacing people is really such a bad thing.
        There are bound to be advantages, free time for one.

          Jun 12, 2015 12:21 AM

          Well I guess if a robot replaces you job you would have more free time 🙂

            bb
            Jun 12, 2015 12:09 PM

            Free time was just off the top of my head, but why wouldn’t there be advantages to a society that doesn’t need to labour?

            I bet the time would come people would get so bored they would pay to work.

            Jun 12, 2015 12:14 PM

            The only problem I see is this: How is government going to collect their taxes from the robots? 🙁

            GH
            Jun 12, 2015 12:06 PM

            Problem as I see it, bb, is that the benefits accrue to the few who own the machines. Most are broke, bored, and on welfare. What is it, 93 million working age people in the US now without jobs?

        Jun 12, 2015 12:09 PM

        That is a good point, Lawrence. I think that it is just a bit more serious now!

        GH
        Jun 12, 2015 12:08 PM

        True. But when I see Watson beat the best champions ever at Jeopardy, it looks like a different situation now…

      Jun 12, 2015 12:19 AM

      @ DT:
      Something wrong with your numbers.

      From here:
      http://howestreet.com/2015/06/driverless-trucks-to-hit-albertas-oilsands-region-replacing-200000yr-operators-big-layoffs-coming/

      “Smith said Suncor has signed agreements to purchase 175 driverless trucks.”

        Jun 12, 2015 12:26 AM

        That is their initial buy but when the contract is complete I read 8000 trucks.

          Jun 12, 2015 12:40 AM

          Maybe …..

          But I doubt there are 8000 heavy hauler trucks in the entire Ft Mac sands – including all the players.

            Jun 12, 2015 12:06 AM

            I feel this might be more to do with safety. The hole is getting deeper and it will start to kill. For the salary, the saving is marginal. If they kill a few people, it is someting else. The mine might be shut down by regulators.

      Jun 12, 2015 12:53 AM

      Good chart Gary on the HUI breaking the trend line to the downside.

        Jun 12, 2015 12:05 AM

        Yes, that was a good catch, Gary….. GDXJ has also fallen below its late April and May lows and it looks a little threatening to me. GDX also below its April and May lows setting up to retest March numbers. Hmmm.

          Jun 12, 2015 12:18 AM

          I’d say some of these moves were expected though in the summer seasonal weakness, but now we are getting technical validation.

          Jun 12, 2015 12:11 PM

          You’ve been away for awhile. Good to have you back!

            Jun 12, 2015 12:17 PM

            Howdy Al. Good to be back. I was sick actually and had to fly out of the country on an emergency basis as I could not get care here. I have not looked in on gold in two weeks until just last night……and hardly anything has changed. Kind of funny. I was hoping for more drama when I got back and flipped open the laptop yesterday but prices have only budged a little since the end of May. How are you doing?

            Jun 12, 2015 12:21 PM

            Glad your are feeling better Birdman. I knew you had quite a bug…..

            Jun 12, 2015 12:33 PM

            Thanks Shad. Yeah, that was a long haul. And its the downside of life in Africa some times. There are far more patients than doctors can handle so you can’t get the attention you need here for good health and correct diagnosis.

            Have you looked at the 30 year on a weekly chart lately btw? To my eyes that chart is still talking about further declines, possibly as much as another 10 dollars before we know if the fall is finished. Even then though it would still be within the long term price channel so Rick could yet be correct the future of long bonds is still very bright.

            Jun 12, 2015 12:53 PM

            Well glad you have recuperated. Yeah, I am really torn on Bonds right here…… I could see a further drop a little lower as yields push 3% + but then an intermediate reversal.

            What has me scratching my head is which of 2 scenarios will play out.

            1) That after this pullback that bonds get an intermediate reversal up close to the old highs or likely a Fib retracement resistance point and then a more prolonged down-leg.

            {versus}

            2) some of the calls like Ricks for even higher highs in TLT down the road after we finish this downturn, and yields going back to all time lows near 2%.

            I’m watching and waiting on the sidelines in bonds. I played the (TLT) versus (TBT) game a few times lately and got it right over 1-3 days, but I’m nervous to take an longer term stance than that at present.

            Good luck to all in these wild markets!

      Jun 12, 2015 12:57 PM

      Notice the DOUBLE TOP put in on that right shoulder. That’s a classic “neckline failure”.

      Also, as price broke down, look at all the bear flags that formed in the impulsive wave down….doesn’t get much better than that. A trader’s D-R-E-A-M!

        Jun 12, 2015 12:37 PM

        Faux sho!

    Jun 12, 2015 12:49 AM

    Big AL…I never once mentioned the Catholic Church.

    Many very good Catholic Churches and Catholics
    in this world.

    btw…not all Catholics are in favor of the Vatican.

    Was not my intentions to discredit Catholics.

    I do apologize if it did offend anyone.

    Didn’t know some are in love with the Vatican.

      Jun 12, 2015 12:57 AM

      Many thanks Heavy.

      I did not notice any derogatory remarks but someone else did.

      Thank you for your response.

      Gotta remember that the Vatican is the administrative heart of the Church. But, heck man, you know that!

      I appreciate your response,

        Jun 12, 2015 12:01 AM

        Thanks Big AL…truly sorry and won’t mention Vatican again.

          Jun 12, 2015 12:11 PM

          You are a gentleman, Heavy!

            Jun 12, 2015 12:51 PM

            Not really Big AL. I’m an imperfect man desperately
            in need of our Great And Holy Savior.

            Thanks for the kind remarks and being thoughtful.

            Also, greatly appreciate your high integrity and
            professionalism with very sincere analysts that
            do not mislead the public. The KWN types etc.

            We are in a critical crisis with misinformation etc.
            and its refreshing to hear the guests representing
            all the issues genuinely and sincerely.

            Its a real pleasure to be exposed to reliable information.

            Doc. is a real blessing too. Uncovering all these atrocities.

            Thanks again for all the efforts. 🙂

          Jun 12, 2015 12:10 PM

          Well spoken HH on all fronts! Best, A

    Jun 12, 2015 12:51 AM

    Mr. Big Al, how is that new ‘puter you got the other day? How do you like it?

      Jun 12, 2015 12:59 AM

      I actually did not get a new putter.

      You know, I don’t know if this is temporary or not, but I have lost lot of interest in golf because I really don’t see any major benefits for me. I realize that I am better off working out.

      Strokes do funny things to people, Eddie!

        Jun 12, 2015 12:03 AM

        COMPUTER…………….OWL

        Jun 12, 2015 12:16 PM

        Mr. Big Al Korelin,

        I hope you do not give up golf. It is a very good sport and if you don’t use carts but walk and carry your own bag you can get a lot of good exercise!

        But Jerry…er…I mean Frank is right. I am asking about your new computer.

    bb
    Jun 12, 2015 12:07 AM

    The pope has made some comments recently concerning ending abuses by anyone concerned with the church.
    Pretty positive development actually.

      Jun 12, 2015 12:46 AM

      Yes, and those comments and actions should have been done a long time ago. You should read the new laws. It puts tremendous power in the hands of the laity and makes the Bishops who oversee the diocese COMPLETELY responsible and subject to severe punishments from both sides. I like what I have been reading. But sadly, it’s not just a thing in the Catholic Church

      Jun 12, 2015 12:12 PM

      i read that in yesterday’s WSJ. This guy seems like a really good guy.

      Jun 12, 2015 12:28 PM

      Yes Pope Francis is I feel the real deal. Quote: ‘Every time I tell him: ‘Be careful Jorge, because the Borgias are still there
      in the Vatican’ he laughs and says he knows. But he’s very very happy. He’s having fun with all the people in the Vatican telling him he can’t do things – and then doing them’.

    Jun 12, 2015 12:14 AM

    I have been on this site for close to two years and have been amazed at the tolerance Al & Cory have for a couple of the posters here. A few of the rants have been toatally inappropriate & very bad taste for a Natural Resouce blog. I have left at times because of it and have said nothing because it’s their blog to run. I am pleased things are going to change & will stay to see if that truly happens.

      Jun 12, 2015 12:47 AM

      Welcome back, Chris!

      Jun 12, 2015 12:13 PM

      Work in progress, Chris.

      Looking forward to seeing you in a month or so in Vancouver.

      Lunch or dinner for sure!

    Jun 12, 2015 12:18 AM

    Anybody an v.fmg shareholder? One of their neighbours v.cge is fast tracking to production with a large partner and now their other partner is taking a similar path V.MAi with a significant financing. V.FMG is next. Would love to know if anyone as taken a position. Later

    Jun 12, 2015 12:24 AM

    Any one has idea Sprott acquires SBT. I got the notice but SBT board does not support it. I am wondering why and what benefit Sprott for this deal.

      Jun 12, 2015 12:33 AM

      Buy out the competition?

    Jun 12, 2015 12:38 AM

    ed steer of casey research… casey was recently bought by stansberry..
    there are great problems within the Vatican banking… that is in no way a religious slur.
    It is accepted public knowledge…known as intelligent criticism…
    gold goes up w inflation…. i.e. higher rates…. Al..??

      Jun 12, 2015 12:05 AM

      Agatha, that is the Vatican, not the Holy See. A big difference.
      Yes, they DID have problems within their banking but that is currently being fixed by the current Pope. And “yes”, he is also in agreement that it needs to be investigated thoroughly to undercover all the problems. But a few bad apples running a bank don’t represent a religion.

        Jun 12, 2015 12:23 AM

        Agreed Mark Alan, that a few bad apples running a bank don’t represent a religion.

        However, I am amazed that regardless of which bank we are discussing, they always seem to be really staffed up with a few bad apples 🙂

          Jun 12, 2015 12:27 AM

          Because just like politics, Shad, only the corrupt are attracted to power. This is why I agree with Martin Armstrong in that the “era of politicians” needs to end. We don’t need them and would be better off without them.

          stay frosty

            Jun 12, 2015 12:30 AM

            Absolutely!!

            Jun 12, 2015 12:39 PM

            The problem with Marty is that he blames the puppets but excuses the puppet masters. I don’t consider it plausible that he does this out of ignorance.

            Jun 12, 2015 12:01 PM

            Not sure I quite follow you there, Matthew. I’ve always thought Martin has done a pretty decent job of exposing the puppets and their masters. Maybe I’m overlooking something? His latest articles regarding the lawsuits that could now effect the CFTC and the SEC. Those didn’t seem like they were trying to “hide” any body directly. Curious to hear you out. thanks

            GH
            Jun 12, 2015 12:20 PM

            I agree Matthew. He curses government endlessly. But does he ever call out those who buy the politicians and the regulatory agencies? Honestly I´m not sure because, while I do think he gives some good info, I find his tone too negative to read him on a regular basis.

            Jun 12, 2015 12:49 PM

            Mark, the following Armstrong is an example of what I’m talking about.

            Martin says:
            “The Creature From Jekyll Island” is amateurish at best and another total misrepresentation of the facts and events. It is very one-sided and ignores the real political manipulation of the Fed by the government for their own self-interest. It promotes the very same Marxist/socialistic beliefs from the Progressive Era that gave us the New Deal and robbed every one of their future: altering the family structure in the West forever.”
            —-end—

            Amateurish? It promotes Marxism?! What Marty is doing with such idiotic claims is making sure that the ignorant portion of his followers don’t read the book. His style appeals to that “special” set. As if ignorance isn’t dangerous enough, this guy adds virility to it by giving readers confidence in their belief that they know something that their betters have been unable to figure out.

            Martin went on to state that “We must be EXTREMELY careful for much of what he (Griffin) said is sheer propaganda, directed at the bankers to support the rise of Marxism – the new Progressive Movement.”
            and…
            “We must be EXTREMELY careful here for to advocate the end of central banking is to advocate communism.”
            —end—

            You got that? Martin is telling you that we need to keep the 5th plank of the communist manifesto in place to protect us from communism! There’s absolutely no help for anyone who believes that.
            Black is white and up is down according to Martin. Ignorant “market types” already have their guard way down with this “legend” so when he starts protecting them from Marxism they’re goners. They’ve got a knowledge void and he’s filling it all right.

            Jun 12, 2015 12:19 PM

            Matthew,

            Oh yes, this was another one of his “idiot” posts I remember, where upon reading it, I thought to myself: “I think this guy is confused.” He seems to do this often and sometimes he’ll post THE MOST idiotic stuff that any decent historian worth a grain of salt could tell you was incorrect. I’ve caught him multiple times promoting age-old myths and criticisms that history has proven to be incorrect. This is what drives me bonkers: how can someone so intelligent be so stupid? He’s done a great job of exposing and criticizing the whole “global warming” thing but when it comes to some things….well…he’s just way off.

            I have an autographed copy of THE CREATURE FROM JEKYLL ISLAND as I got to meet G. Edward Griffon back in 2001 down in Cancun, Mexico at a “freedom seminar”. He was a big line-up guest at the time, as was Mohammad Ali.

            Jun 12, 2015 12:41 PM

            Mark, I don’t think he believes a lot of what he says. The best propagandists use a lot of truth to get their followers’ CONfidence up. The MSM doesn’t have to worry about spiking their bs with truth because they know that their audience doesn’t know much to begin with.

            Jun 12, 2015 12:08 PM

            Yeah, I see what you are saying. Now I am following your line of thinking. Thanks for clarifying.

      Jun 12, 2015 12:15 PM

      One would think, Agatha re: gold goes up with inflation!

    Jun 12, 2015 12:59 AM

    no perfect religions , but humans can mess up most anything. God is real , but we all must help ourselfs . once again i am seeking to buy Dr. Pepper snaple for a third trade this year. Super hot summer drives up soda sales . Iced tea and flavored waters are growth area . love to all S

      Jun 12, 2015 12:02 PM

      that’s a good idea R. Scott.

      What about MNST beverage company?

    Jun 12, 2015 12:02 AM

    You tell’m Big Al!

    Jun 12, 2015 12:08 AM

    I was emailed this article, and while I chuckle to myself about predicting the likelihood of a Black Swan (which by definition come from out of nowhere), I liked the chart and thought it is a provocative article.

    Black Swans on the Horizon

    http://www.visualcapitalist.com/black-swans-on-the-horizon-chart/

    Jun 12, 2015 12:14 AM

    One Eye On The Greeks, The Other Eye On Data And The Fed
    June 10, 2015 – 3:56pm by Gary Wagner

    http://thegoldforecast.com/video/one-eye-greeks-other-eye-data-and-fed

    Jun 12, 2015 12:05 AM

    Gold Has a Tough Time Rallying
    Thursday June 11, 2015 — Bill Baruch

    http://www.kitco.com/commentaries/2015-06-11/Gold-Has-a-Tough-Time-Rallying.html

    Jun 12, 2015 12:20 PM

    I would have thought that Shad’s article on the 5 Canadian companied merge would have been discussed more on this site over the past few days. It involves Eagle Hill and Southern Arc two ex sponsors. The new company will now own around 8 Canadian properties with Dundee and Orsiko as the major shareholders. Southern Arc will own 6 1/2 % of the new company and will be the 3rd largest shareholder. Very good news for EAG and SA.

      Jun 12, 2015 12:27 PM

      Agreed. This was an interesting 5 way merger, and it was interesting that Osisko has some royalty and streaming rights worked in. They are slowly acquiring a nice little portfolio of properties as the latest streaming company.

      Here are the details:

      “In terms of how ownership will look for the other four companies (prior to Osisko’s private placement), Eagle Hill will own 28 percent of Oban, Temex will own 16 percent, Ryan Gold will own 24 percent and Corona Gold will get 19 percent. Osisko and Dundee Capital Markets will own 18 and 15 percent of the company, respectively.”

      Here was an interesting quote from Campbell of Temex Resources:

      “To be sure, it’s still tough out there for juniors trying to get financing, and Campbell argued that while there’s been plenty of talk about consolidation in the junior mining space, there hasn’t been a lot of action.”

    Jun 12, 2015 12:35 PM

    Big Al,
    I’m a little concerned about banning people who say stuff we don’t like. I understand that you are put in a tight spot here with all the complaints. I say this as a Catholic.
    We don’t have to read everything on the site,on subject or off subject. What is said in the interviews we do have to hear. So that’s the big show , the comments are optionable. My point is,
    you can’t make everyone happy.
    The1st amendment is the most important right we have and should not be incrementally diluted anywhere. As always its just my opinion and I reserve the right to be wrong.
    Best of luck. I love the site, all of it.

      Jun 13, 2015 13:10 AM

      Great points Gregd.

      If we start worrying about everything that offends every person, we’ll be stuck in an on-going Politically Correct policing process. I also agree that if someone doesn’t like something they don’t have to read it, view it, or listen to it. How hard is it really to just scan down to the next comment?

      People often complain that the mainstream media won’t cover the real stories, or has tunnel-vision. Now with “Crowd-sourcing” news information, everyone can share in the information gathering. Sometimes you get diamonds…..and sometimes you get stones.

      Great news, great movies, great paintings, and great ideas will often times test peoples belief systems…. so it has an effect and gets a discussion going.

      Unfortunately people get very worked up about Politics and Religion, so much so that they’ve been willing to die or kill for thousands of years to have their belief systems protected from criticism. That will likely never change on this show or any show, and people cling to their default positions. Think about all the issues from the Muslim community striking out against any criticism the last few years – even to cartoonists.

      We can argue that we need to have things stay focused on investing and politics on this site, but people will always subtly work in their religious beliefs into the blog, because it is tied in with their way of seeing the world and inherent in the philosophies that guide the rose-colored glasses they see the world through. This is fine with me, as long as people don’t get overly preachy on an investment forum.

      If people want outlets to unpack their religious philosophy or condemnation of certain practices in any religion (Christianity, Judaism, Islam, Buddhism, Hinduism, Atheism, etc…), then there are other forums for that. Having said that, it is a 2 way street – If people don’t want to allow criticism of their religions on the site (because it is not the right forum for that) then we also don’t need run away sermons or pontificating, (because it isn’t the right forum for that either).

      Personally, I’m a fan of either (A) all info is welcome – no policing….but then you have tons of noise in the blog from people attacking each other, arguments, name calling, bad language, etc…. or (B) a more focused forum on a certain topic with monitoring the content to some degree and keeping the dialogue more centered. The problem here is the prejudice of the monitor that allows certain comments they personally agree with to be posted, and one’s they don’t agree with get yanked.

      For the purpose of the KER – I come her for trading ideas, industry insights, macro economics, commodities and energy discussions, and occasionally like cutting up and joking around for a few laughs with fellow bloggers. Likewise, I don’t come here for spiritual guidance or spiritual nourishment. There are other venues for that.

      It’s a dangerous thing to censor comments though, because, for example, we had a great blog last week about Beer recommendations that broke out due to Franky’s Belgian monks that brew post. It was comical and informative, but maybe someone got offended because their dad was an alcoholic and if they complain enough all the comments would get yanked. We just had music videos posted from Motley Crew and Megadeth this week, and maybe someone hates metal rock or this violates their religious code and complains, so then those comments get pulled.

      This week Catholics are upset about Franky’s & HH’s comments, so those will get cut, but when Bob M. and others comment on Israel or Judaism, shouldn’t those comments likewise get pulled. If we are being fair, then comments about the current pope (both the good and bad) or the need for people to post or quote endless Biblical quotes, should then also be blocked or pulled so that people here for investing and don’t want preaching are not offended or turned away. You see the issue…… you’re never going to make everyone happy.

      It is often the case that those that don’t like big government telling them how to live their lives, and that love the freedoms the Constitution provides, are the first to silence dissent from someone that hits too close to home for their belief systems.

      This is Al & Cory’s site though, and it is their forum, so they make the rules. I’ll point out the the name is the Korelin ECONOMICS REPORT, so that should be the hub of the conversational spokes and editorials. I do think for the site to have value to others that it makes sense to keep the conversation more focused on Investing info.

        Jun 13, 2015 13:51 PM

        Shad, if we have certain perils in our society and world
        that will affect our lives and investments we should be
        able to express those views in a civilized message.

        I’m not going to be subject to radical atheists and agnostic
        cult type beliefs and be a victim of that either.

        If people don’t like it, just ignore it and scroll by. If its vulgar
        and lots of name calling then by all means should not be
        posted.

        Anyway, I think Big AL is doing a great job. For the Good
        Will and the peace here I backed off comments regarding
        the Vatican. It’s just not worth all the controversies, dispair
        and poor disenfranchised feelings on the board.

        Big AL doesn’t need the hardships associated with it either.

        I believe though, all subjects need to be maintained if its going
        to affect our lives and investments. People will need to be
        tolerant to some degree. Otherwise, everything here that is
        posted will become poor information and diluted of the truth.

          Jun 13, 2015 13:08 PM

          I totally am a fan of everyone expressing their views, and am as anti-censorship as it gets. Yes all subjects are welcome to me personally, and hopefully you can tell in my comments that I think information or art or an idea can be controversial but helpful to test our inner convictions, or merely as point of departure in a good debate. I like a good wakeup call myself, or an idea that tests the boundaries of what we think we know.

          However, I can also see where on an investing forum in the hard assets that the general audience is here for commodities and energy ideas, a macro-economic picture, and current events relative toward this topic. I can see where Al may want to at least have some minimum guidelines in place.

          HH – You handled the situation with class and apologized to anyone that may have been offended, but didn’t apologize for speaking your heart. I respect that. Even if we aren’t completely in agreement on this being the end time, and we may come at things from the exact same vantage point, I completely recognize your right to hold the thoughts and positions you do about the world we live in, and what may be in store for an afterlife. Again, all views are welcome to me personally, but I see where people would want to just keep this forum focused on economics.

          I also agree that Big Al is doing a great job moderating and does a wonderful service to us all by providing this forum. Cheers!

        Jun 13, 2015 13:01 PM

        Shad…….I have said many times…….”if someone does not like what is posted, or does not like the posters view……scroll on by……jmho……..j boot

          Jun 13, 2015 13:12 PM

          Absolutely! I’ve also said it many times if people get all worked up about a post that is too long, or they don’t like.

          Up above I started the response by saying “….I also agree that if someone doesn’t like something they don’t have to read it, view it, or listen to it. How hard is it really to just scan down to the next comment?”

      Jun 13, 2015 13:59 PM

      gregd……….well said.

      Jun 13, 2015 13:12 PM

      Gregd, Shad, HeavyHitter, and Jerry (a.k.a Frank from Moscow)

      I think some common sense needs to be applied here, gentlemen, and I think that a different angle should also be considered, let me explain.

      FIRST: Shad, IT WASN’T JUST CATHOLICS who complained. You’re painting with a broad brush here partner. There were non-Catholics who were JUST as offended. In regards to your comments about Bob M. saying things about Israel and Judaism: how do you know similar comments haven’t been pulled? About two and a half years ago, there was a frequent poster here named “Frank” and he was a religious zealot. He would bash anything Catholic and Jewish. It got to the point where it became so disorderly and vulgar due to his constant postings, almost everyone was complaining because it detracted from the content of the site. Big Al got mad and finally had to block him, although I still think he is on this site using a different name because much of what I see sure looks and sounds familiar. Anyway, had someone blocked him a lot earlier, there would NOT HAVE BEEN the hard feelings and the stink that resulted from his actions. I have found it rather typical that when Catholics and Jews are bashed, no other religion and their beliefs get bashed at all, and there has been no difference shown here except for the rare occasion of Mormonism getting a swipe. When people of faith see attacks against their religion on a supposed economics forum, guess what? A lot of them DON’T WANT TO COME BACK and are turned off, thus, a potential person that could have benefited from a lot of the great info here misses out. Faith issues are much broader based than alcoholic and music issues, my friend, much broader and deeper. They effect a great many more people as well.

      SECOND: Gregd, while I share your concern about “censorship”, I would have to ask a question: What about the truth and decency? Should someone be allowed to spread a lie or commit an indecent act? And if we know it to be a lie, yet we stand back and let someone become detrimentally effected by that lie, who do we blame? Should we have done something in the first place to prevent the bad outcome? Or do we stand up and say: “Oh well, it’s too bad that person got suckered by (place whatever comes to mind here) even though I could have done something to prevent it. BUT THANK GOD FOR THAT FIRST AMENDMENT, BABY!” How many parents of fallen U.S. soldiers thought those very words when the scumbag Fred Phelps and his cronies stood just outside the cemetery gates with their signs, megaphones, and t-shirts all mocking the fallen U.S. soldier who gave his/her life in order to protect that Amendment? Do you think there could have been a LITTLE BIT of lee-way there? Maybe even a little protection for moral decency? Would you want to remember something like that at your child’s funeral? And by the way…if you really think we have a Constitution that protects “We The People”, then you’ve drunk the koolaid. Yes, censorship is completely wrong when “opinions” are wanting to be expressed. But when those opinions have no foundation in truth but are mired in ignorance, then what? Let it effect whoever? Or do we do something to promote the truth?

      THIRD: HeavyHitter, I would like to thank you for your apology you made earlier. Its much appreciated and I praise you for your humbleness and well thought out reply. You seem like a good and honest guy who really means no harm and is genuinely concerned for his fellow man. I love you brother! I really do.

      But I think I need to inform you of why that video you posted on June 9th, about the Pope chanting “lucifer” and invoking him as “god” was VERY offensive and COMPLETELY inaccurate. The individual who made that video showed absolute stupidity and a complete lack of interest for the truth. The hymn in which you hear the word “lucifer” (often pronounced “lu chee fur” but “lu see fur” is acceptable as well) IS NOT the same as Lucifer the devil, a.k.a. Satan. The word “lucifer” is an ancient word that has been used in association with the planet Venus. In Hebrew it means “shining one” or “morning star”. In Latin, the word can be a noun that means “The morning star” or “planet Venus” OR it can be an adjective that means “Light bringing” or “light bearer”. It was also used in pre-Christian times to signify rank, or a hierarchy, such as “high or highest rank”.
      Yes, one can go to the Book of Isiah and read what seems to describe Satan, falling from the sky, but I recommend that you read BOTH Hebrew and Christian scholarly writings and you will discover that “Lucifer” here is referring to Nebuchadnezzar II. It wasn’t until later in Christianity (post 4th century) that “lucifer” and Satan began to be used interchangeably, or as synonyms.
      Had the individual who made the video even bothered to research the hymn being chanted instead of interjecting his/her bigotry, he/she would have VERY EASILY seen, that the name Jesus Christ PRECEDES the word “lucifer”. Now, it’s obvious that this individual doesn’t know Latin because had they understood how the word is conjugated within the sentence structure, they would have known it to be an adjective. All that person had to do was go to any website that has the English to Latin translation for the hymn, and they would have seen that Jesus Christ is being called “lucifer”, in other words: “Jesus Christ The Light Bearer”, which means He is bearing Truth. So, the Pope here is recognizing Jesuse Christ as the worlds Light, Truth and Salvation. I hope this helps. If you wish to discuss anything further, just ask Big Al for my personal email and I’ll be more than happy to discuss anything with you. You’re too good a man to be suckered in by that garbage. Again, I thank you for your apology and God Bless!

      FOURTH: Jerry, aka “Frank from Moscow”. I prefer “Out of the Box, Jerry” more than “frank from Moscow” 🙂
      Okay, so you wrote: Shad…….I have said many times…….”if someone does not like what is posted, or does not like the posters view……scroll on by……jmho……..j boot”

      Yes, I agree. However, the problem with that statement is that one would have to read the content in order to know if it was offensive or not 😉 And that is where the problem lies. I’ve sent 26 people to Big Al’s site over the last eleven months, all of them were so turned off from the comments that they didn’t want anything to do with Big Al’s site, and I even had some decide they didn’t want anything to do with precious metals because they feel that they are associated with “quacks and nut jobs”. And when one recognizes that a certain name is associated with something they find offensive, well guess what, they usually skip over all the names in between that actually have good content ;-). Oh sure, they can listen to the audios, but what about all the questions that get asked from all the listeners? There’s a lot of good stuff there, especially from some of the longer term family members. One would think that a professional adult wouldn’t even be bothered by such postings. But if that is the case, then why was Chris Temple irritated by HH’s and Franky’s postings? Here’s what he said: “And P.S. — Though I have some sympathy for what some of you on this blog say, you lose your credibility by using doctored and even false translations, You Tube videos, etc. to try to make your points. If I was in charge of this blog, I wouldn’t allow such patently false content, but would encourage you to send it to other places that cater to those who want sensational tabloid-like garbage rather than thoughtful analysis and truth.” JUNE 10TH, 2015
      Chris understands that Big Al’s site is a forum for talking about and educating people on the roll and importance precious metals has in one’s portfolio. He understands that comments that detract from the main subject at hand COMPLETELY DEGRADE the caliber and professionalism of a site. And surprising as it may seem, a lot of people just get sick of stuff like that and then don’t bother to return because they don’t take Big Al’s site seriously because it doesn’t appear Big Al really does take his site seriously. I agree with Mr. Temple here because it makes for bad advertising 😉

      I come here because it is entitled THE KORELIN ECONOMICS REPORT, not THE KORELIN ANYTHING-GOES FORUM. Sure, it’s great to have fun and I think that is also what makes Big Al’s site so darn good. But derogatory and inflammatory posts do nothing for Big Al’s site. I honestly think that some censoring should be done in order to keep the topic of discussion in focus and the reason I say that is because I left here once for almost a full year simply because the comments totally detracted from the information that was being provided.

      Just my thoughts.

      Stay frosty

        Jun 13, 2015 13:24 PM

        Mark Allen and Shad….I’m breathless with your well written comments
        and thoughts. I believe we are all reasonable gentleman with good principal
        values and I will include Jerry especially as I know he is a outstanding genuine
        sincere man. I do believe none of us mean no harm including Gregd.

        Mark Allen my apologies again because those videos I pulled up very quickly
        and God knows the situation with the Pope and Vatican. I will not comment on
        the subject any further out of all due respect for Big AL and grief that it brings.
        I’m sure you are in full agreement and highly respect your opinions as well.

        With everything said I believe we should set this matter aside and find more important
        matters to debate and discuss. Lastly, if Big AL starts discriminating posters you
        alude to in your comments Mark Allen there might be a bigger surprise with very
        few postings at all. The business model seems to be working just fine.

        Thanks for all the great efforts here and appreciate all the good thoughts.

        Very well done by all parties and commentary. Truly grateful and may you
        all be blessed with all your time you have invested in doing so.

          Jun 14, 2015 14:58 AM

          Beautifully said, brother…beautifully said 🙂

          Jun 14, 2015 14:42 AM

          Thanks HH – Yes I also believe we are all reasonable gentleman with good principal values and we all want the best for the world around us. Good thoughts.

            Jun 14, 2015 14:17 AM

            Thank you Shad and Mark Allen.

            Two great gentleman. Its been a real pleasure.

          Jun 14, 2015 14:32 AM

          Thanks HH, for the your kind thoughts. I know and respect your concern for everyone. JERRY.

          Jun 14, 2015 14:34 AM

          Appreciate all correction and concerns for those here and to be here in the future……thanks again ……………Jerry

            Jun 14, 2015 14:01 PM

            Thanks for your support Jerry and kind words.

            Much appreciation.

            Now, The Vatican..___..__..______.._____.___Pope.__._____ thats what I believe. .j/k…

            Catch ya on the rebound. 🙂

        Jun 14, 2015 14:18 AM

        Marc Alan – To make sure you know my heart and my intent: I was writing my response in general, and it wasn’t directed at you personally. This debate about banning certain posters or people being offended has come up repeatedly for the 3-4 years I’ve been coming to this site.

        I’m a big freedom of speech proponent from the federal law perspective, but totally support a private enterprise in their right and choice to filter content, if they deem it the correct thing to do. I’m also in support of the blog staying focused on economic issues and keeping the content aligned with information that will appeal to those coming to the KER site.

        After mentioned that I personally welcome all comments and filter out the noise on the blog, I went on to state: ” I can also see where on an investing forum in the hard assets that the general audience is here for commodities and energy ideas, a macro-economic picture, and current events relative toward this topic. I can see where Al may want to at least have some minimum guidelines in place.”

        I also said this: “Personally, I’m a fan of either (A) all info is welcome – no policing….but then you have tons of noise in the blog from people attacking each other, arguments, name calling, bad language, etc…. or (B) a more focused forum on a certain topic with monitoring the content to some degree and keeping the dialogue more centered. The problem here is the prejudice of the monitor that allows certain comments they personally agree with to be posted, and one’s they don’t agree with get yanked.”

        “For the purpose of the KER – I come her for trading ideas, industry insights, macro economics, commodities and energy discussions, and occasionally like cutting up and joking around for a few laughs with fellow bloggers. Likewise, I don’t come here for spiritual guidance or spiritual nourishment. There are other venues for that.”

        I closed my section with these thought reiterating where the focus should be:

        “This is Al & Cory’s site though, and it is their forum, so they make the rules. I’ll point out the the name is the Korelin ECONOMICS REPORT, so that should be the hub of the conversational spokes and editorials. I do think for the site to have value to others that it makes sense to keep the conversation more focused on Investing info.” — Shad

        To address some of the comments you sent to me:

        “FIRST: Shad, IT WASN’T JUST CATHOLICS who complained. You’re painting with a broad brush here partner. There were non-Catholics who were JUST as offended. In regards to your comments about Bob M. saying things about Israel and Judaism: how do you know similar comments haven’t been pulled?” — M.A.

        Mark Alan, I apologize to you or anyone that may have been offended for me painting with a large brush in the comment you mentioned, and agree that others, besides Catholics, could have been offended as well. My point was that I’ve seen plenty of derogatory comments towards Judaism and Jewish people, Mormonism a few times as you mentioned, and Islam and Muslim people. Those comments WERE NOT REMOVED and if you go back and read just the comments from this year in 2015, there are plenty of insulting statements people have made towards each other and to whole groups of people. My point wasn’t to single out a specific group, it was to make a point that if we are going to censor peoples posts, that it needs to be fair and we don’t really need anti or the pro religious statements from everyone on an economic forum. If we’re going to cut all the religious posts then it is a 2 way street and all the preachy comments need to get pulled as well, unless someone is using a biblical story to point out something that relates to economics.

        I went on to say after this comment about Franky’s comments and Bob M.s comments as just 2 examples to say this: ” If we are being fair, then comments about the current pope (both the good and bad) or the need for people to post or quote endless Biblical quotes, should then also be blocked or pulled so that people here for investing, and that don’t want preaching are not offended or turned away. You see the issue…… you’re never going to make everyone happy.”

        Mark Alan – as for rest of what you wrote, I completely agree as well. I’ll take a slightly different angle on the last line you sent me though, because I think you missed the point I was making:

        You said: “Faith issues are much broader based than alcoholic and music issues, my friend, much broader and deeper. They effect a great many more people as well.”

        This was in response to what I wrote here:

        “It’s a dangerous thing to censor comments though, because, for example, we had a great blog last week about Beer recommendations that broke out due to Franky’s Belgian monks that brew post. It was comical and informative, but maybe someone got offended because their dad was an alcoholic and if they complain enough all the comments would get yanked. We just had music videos posted from Motley Crew and Megadeth this week, and maybe someone hates metal rock or this violates their religious code and complains, so then those comments get pulled.”

        My point wasn’t to compare religious belief systems importance to that of beer or music, it was a word of caution on not going over-board with censoring content just because someone is offended. We have gone overboard in the USA for example trying to make sure nobody is offended, making sports stars, actors, teachers, or an employee of XYZ company apologize for their private emails, tweets, or comments off work hours. The Politically Correct police are really starting to infringe on anyone’s freedom of expression, all in the name of nobody feeling offended. It is impossible, isn’t a reflection of real life, and is a fruitless effort to keep a forum or blog or someones statements from not offending anyone without it turning into a mini police state.

        Earlier this year, Glenfidish was reprimanded for using adult language in his posts by Big Al. Later that same day Chris Temple & Birdman were cursing on the blog, as were several other posters, and Glen brought this up to Big Al, but never got any response back. The next day people were cursing on the blog, and Glenfidish brought it up again that if he can’t curse why can they? The truth is, no moderator can catch it all, and as long as it is not overly vulgar then who cares in my opinion, but I did agree with Glenfidish from standpoint that what is applied to one poster should be applied to all if those are the “rules or standards of the site”.

        I am a big proponent in freedom of speech, and believe fundamentally in everyone’s voice being heard, and all thoughts are valid. I don’t run for the hill every time someone says something that offends me (which is hard to do anyway:-)

        If people come to the site and can’t filter out useful information from what is not, or let their panties get in a wad because someone upset them, and miss out on all the other good information posted because of this, then they are the problem, not the content on the blog. Their inability to forgive, or just move on in the blog is the challenge, or these simply don’t have the ability to discern valuable trading content from peoples personal opinions. If they place so much value on what a stranger on a blog is writing that they get too offended and leave, then they are too sensitive to what a stranger’s opinion is, and one would hope their personal convictions or personal beliefs are strong enough that they could just dismiss silly comment.

        Mark Alan, it seems you agree with this general concept when you brought up Chris Temples comments to HH earlier:

        “One would think that a professional adult wouldn’t even be bothered by such postings. But if that is the case, then why was Chris Temple irritated by HH’s and Franky’s postings? Here’s what he said: “And P.S. — Though I have some sympathy for what some of you on this blog say, you lose your credibility by using doctored and even false translations, You Tube videos, etc. to try to make your points. If I was in charge of this blog, I wouldn’t allow such patently false content, but would encourage you to send it to other places that cater to those who want sensational tabloid-like garbage rather than thoughtful analysis and truth.” JUNE 10TH, 2015

        I actually agree with Chris, as mentioned now several times, that the content should be focused on economic issues, and many of the fringe concepts brought up are just an un-relevant to me as well, and agree with him that there are other venues to discuss this type of information or perspective. However, I disagree with only one statement he made: ” you lose your credibility by using doctored and even false translations, You Tube videos, etc. to try to make your points.”

        Is one blogger’s personal opinion (that is often riddled with errors in research) from Seeking Alpha, Zero Hedge, Gold123, or even a mainstream media article more important or better researched than a YouTube video?? Not necessarily, and while I agree that there are some terrible and false YouTube videos, there are also are videos crammed with more content, graphics to help in understanding, and many times a suppressed truth than some bozo on Zero Hedge or Motley Fool spouting their own ideas. I don’t think an editorial piece is often near as helpful as a 20-30 minute video for the average person, and just because it is written doesn’t make it so. Just because it is on YouTube, doesn’t make it garbage or a conspiracy theory.

        This is was the point of the proceeding statements above:

        “People often complain that the mainstream media won’t cover the real stories, or has tunnel-vision. Now with “Crowd-sourcing” news information, everyone can share in the information gathering. Sometimes you get diamonds…..and sometimes you get stones.

        Great news, great movies, great paintings, and great ideas will often times test peoples belief systems…. so it has an effect and gets a discussion going.

        Unfortunately people get very worked up about Politics and Religion, so much so that they’ve been willing to die or kill for thousands of years to have their belief systems protected from criticism. That will likely never change on this show or any show, and people cling to their default positions.”

        Personally when I’ve posted YouTube videos on a fringe or taboo subject, I’ve tried to put minimal commentary on those posts to let people take from them what they will and decide for themselves which parts have merit and which ones do not. I also try to post things that tie into the discussion being had on that blog or the editorial that day.

        So when we were talking about investing in Fertilizer companies and the strength of the soft commodities in agriculture, and Frank brought up Monsanto, I posted a few videos that were well researched and had 80-90 facts throughout their coverage. It wasn’t a conspiracy theory, and it directly tied into why I personally don’t recommend anyone supporting Monsanto. That post got rather lively, but people that were skeptics before may have learned something, or just kept going with their default assumptions. Most people that weren’t interested likely just skimmed right on over that section, as it should be if you don’t care or even if you were offended and think Monsanto is up the best company ever.

        When all this discussion about the AIIB alliances started, or lately the Trans Pacific Partnership, or NAFTA has been debated, in conjunction with going to a cashless society or the currency wars, then I have posted a few times that people should spend some time a research for themselves the goals of David Rockefeller, the Rothschilds, the Duponts, George Soros, Zbigniew Brzezinski etc..

        David Rockefeller is the main force behind the Council on Foreign Relations and the Trilateral Commission, and their goal is one world currency, a microchipped populace, and 3-4 major global trading zones made up of multiple countries. I posted info, and yes, YouTube videos on this subject, because they were relevant to the discussion, and just as important as what a Drudge Report editorial says about it.

        Brzezinski advised President Carter in the last cold war, and has been a major influence to Obama. When Obama was elected I told my friends, “Great, now we’re going to have a new cold war with Russian because the same cronies from Carter are back in again”. Everyone laughed, then we have had Crimea, Russian Sanctions, and Marin Katusa wrote the book “The Colder War”. The YouTube videos I posted may have been controversial, but they weren’t rubbish, had plenty of facts, and were just as valid for the direction of politics and economics, as some bonehead on CNBC or CNN.

        We’ve spent most of the last 2 weeks debating the TPP and what will happen, and if people would spend some time and do their homework, they would see that of course we will pass this (or something like it), as it is all part of the Council on Foreign Relations and Trilateral Commission and Bilderberg plans. Now if you dismiss all that at “tin foil hat” talk and never go read David Rockefellers biography, don’t look at how the powerful families and corporations and private banks have set up the rules, then you remain asleep to thinking National governments actually have any say in these plans, and likely spend all weekend debating whether the TPP will pass or not. …. a huge waste of time in my opinion. The plans have been made and are in motions, and if you haven’t woken up to the game being played, then you’ll continue to believe that reading it the 700+ page doc for 50 minutes makes any difference, or that one countries ambitions matter to these families and trusts.

        The ruling elite have already laid out the plans very clearly, and I’d add, very openly for anyone to see and check out for themselves. We’re moving towards several big trading zones globally, a currency war so ugly everyone’s debt will be unpayable and they’ll introduce a global currency as the solution in a big currency reset, a dissolving of individual rights and land to Agenda 21 from the UN, and National ID cards are being rolled out everywhere (and discussed again for this US election) as the preemptive measure before those National ID cards get embedded in your wrist in an RFID chip. This is not sensational, is not a “theory”, it is what is happening, and the sooner people do their own homework, then sooner we can stop debating on whether the TPP will pass, and get our focus back on what we can control….our own investing plan to navigate these turbulent times.

        In my opinion, all views matter, but the blog should stay focused on Economics. (not politics or religion which are controversial and people will never agree on them). It is called the Korelin ECONOMICS report for a reason. There is a tremendous amount of good content on this site on the editorials and in the blog, and people should use their own discernment about what to invest in and what to react to. If you don’t agree with someone’s statements or get offended, then move on. It’s that simple, and if people leave because their feeling are hurt, then they need to grow thicker skin and look for the pearls of wisdom on this site, or go somewhere where everyone agrees with them (BTW that doesn’t exist anywhere).

        I love this site and will restate that I think Al / Cory/ Chris T. / Gary / Rick / and Doc do us all a great service and the bloggers rock and have taught me much. Much appreciated and good luck to all in your investing!

          Jun 14, 2015 14:01 PM

          Shad

          Great comments and response! I understood most of what you had written earlier, but I think I may have missed the point on one issue. You cleared that up, thanks! You never offended me with your comments. If you had, I’d let you know it 😉 I was just wanting to inform you that WE often assume that something offensive will only effect the people it is directly related too and that is not always the case. Writing in all capitals is most often associated with shouting and not “emphasis”, so my LARGE BOLD WORDS mean emphasis – not shouting. just to let you know 😉 ….I hope we’re still friends 🙂

          Posting videos and articles that ARE relevant and can be associated with/to the subject at hand ISN’T the problem; it’s the irrelevant ones that destroy the content, not embellish it. Yes, there are some very good videos on You Tube but that doesn’t mean that one should simply accept their content as factual. I think both you and I would agree to that. But Mr. Temple does hit the nail on the head when he states that videos with bad translations and erroneous opinions being interjected do far more harm than good. Just because we believe something to be true, doesn’t mean it is and vice versa. You’ve made that clear.

          I think I may not be making myself too clear, as it seems you might be misconstruing some of my thoughts from what I wrote. Sorry if I’m wrong on that. I’m not saying that TPP, NAFTA, FATCA is a conspiracy theory, and “yes”, I’m VERY familiar with the Rockefeller bio and several others. I’m ALL TOO FAMILIAR with it in fact. I HATE Monsanto! I’m in total agreement about that company being a serious problem. But there is a difference between a conspiracy and a conspiracy theory. Conspiracies involve facts, which can be researched and proven; theories on the other hand remain just that – a theory. It’s one thing for a famous and wealthy family member or groups of families, to write down some plan or idea of what they want, it’s completely different in getting it done and implemented. Yes, it can be done on a smaller level but on a world wide level? I disagree. The Euro-zone is a great example of this. They are already falling apart and this was along the same lines as what is being proposed with those videos you or anyone else posts. Yes, there is a conspiracy but I don’t think it is because one family or group of families are pressuring governments to do it. I think that governments are seeing the benefits of their ideas in controlling the masses and doing something about it is far more realistic. A great example of this is Karl Marx and his ideology. Marx never had the power to move a nation but his idea had the influence to move the corrupt people in charge to advance his ideology. So, while Rockefeller etc, may very well have ideas and plans they would like to see implemented, they don’t have the power to do it. But their ideas placed into the united minds of corruption, can do it but I don’t believe on a world wide level unless done with massive force.

          Regarding the things you have posted: I honestly DO NOT have an issue with it. But I DO have a brand new take on it due to personal experience 😉 About 15 years ago there was an organization known as The Institute For Global Prosperity. They consisted of three guys who made a 12 cassette audio recording with Johnny Liberty, “Judge” Rizzo, Jeff and Jeanie Gordan and they all talked about the VERY THINGS you and others are mentioning here on this site, like the Act of 1871, HJR 192, The New Deal, The Creature From Jekyll Island etc, etc. All of it being based on documentation but also with a twist of personal interpretation. Of course when you received your audio cassettes, you got a list of all sorts of contact information to organizations and legal assistants, who could help you become “tax free” and “sovereign”. And like Matthew said in a previous post regarding propagandists: “The best propagandists use a lot of truth to get their followers’ CONfidence up.” JUNE 12TH. Well, guess what? They utilized the very same information that several people are posting here. They also gave you copies of U.S. Statutes, The Declaration of Independence, The Constitution, Executive Orders, Case laws, etc. to make people believe that there was a way to “win back” your God-given sovereignty and become “tax free”, live outside the realm of “Admiralty Law”, make ANY judge tremble and avoid any and all court systems. All one had to do, was make a request in writing through the Freedom of Information Act, and request a “verified” copy of the Constitution For The United States of America, then submit that to the Attorney General of your State via Certified Mail along with a special signed affidavit (in red ink because red represents “blood” from a “natural human being) and you were “officially” outside the realm of Admiralty Law and their jurisdiction and now back into the jurisdiction of the REAL United States of America. (not sure I got the order correct or the exact details but they are close.)

          Sadly, they all proved to be con-artists and shills who all sold some bogus “tax freedom” package, offered bogus offshore trusts that were nothing but cookie cutter boiler plate documents that weren’t even legally structured, and of course, promises of massive returns on investments through their special investor groups “wink wink”. They took people for tons of money…including me 🙁 that actually ended up bankrupting me and I had to start all over. I never filed for bankruptcy but instead, worked my way back from nothing. So whenever I see things like what you post, it brings a bad taste to my mouth because It CAN INFLUENCE a lot of people to seek out ways of “getting out of the system” that are not the right direction. I understand that what you are posting is true in most every aspect, as I’ve done a majority of the research myself. But there are those of us out there who have had direct experience with this sort of thing and take it from me, it can very easily destroy a gullible person/persons into searching out the truth, only to be led into the hands of some shill and con-artist. There ain’t much we can do about it except to change the system. So that is why I think when people posts things like you and others do, there should be some kind of “caveat” along with it, even if it is something along the lines of “Just my opinion. Do the research yourself”. We’re here to help each other and help others.

          My argument is not against posting facts, or historical elements that have a basis of factual substance and have the ability to effect our future, but against posting things that have absolutely no element of truth behind them, such as was the case I pointed out earlier. So when we ALLOW something that has been and can be PROVEN to be false and pass it off as a truth without correcting it, we begin to educate in a manner that is now comparable to the very problem we complain about. We are advancing ignorance yet calling everyone else “ignorant and asleep” when they don’t agree with it. We now “accept” ALL OPINIONS as truths. That’s relativism and something that a progressive society wants. Truth can now be whatever one says it is. I hope you see what I’m saying here because I often times have a way of making things more confusing than they need to be 🙂

          Yeah, I remember seeing that ordeal with Glenfidish and I remember thinking that he was totally correct in his argument. That is why I believe that Big Al should post a disclaimer on his site that denotes what he will and will not tolerate. A lot of places do that, and this is actually a great way of “censoring” in a manner where people should be influenced to write articulately about what it is they are going to post, plus know ahead of time what is and is not tolerated. Thus if they violate Big Al’s disclaimer then we can’t be doing the “that’s not fair” thing.

          Anyway, have a great rest of the weekend, dude. And remember….

          stay frosty

            Jun 14, 2015 14:33 PM

            Extremely well written, kind, decent, and enlightened response Mark Alan 🙂

            Yes, you bring up many great points around flushing out what is a “Conspiracy” (an underhanded or secret deal meant to benefit a few parties, but is able to backed up by facts, real information, and documentation) versus a “Conspiracy Theory” which, as you mentioned remains just a theory without the facts. Very good point!

            It was also great that you brought up Matthews statement from earlier this week:

            …And like Matthew said in a previous post regarding propagandists: “The best propagandists use a lot of truth to get their followers’ CONfidence up.” JUNE 12TH.

            I saw him say that and meant to give him a big high five for it. I completely agree that many times the propagandists or disinformation crew uses quite a bit of the facts and and truth to get people on their side, but then the 20-30% of poppycock that they insert has a very detrimental effect on the overall message, and often does the most damage. This was a very important concept brought up, because it happens often in not just videos, but even articles and books that are indexed, quoted, and seem well-researched.

            Mark Alan, I am very sorry to have heard what happened to you around the sovereign workshop, the Strawman accounts, and the UCC1 Tax code to combat the Maritime Admiralty law. While I personally think there is some truth to this discussion and first became aware of it in the late 90s, I know many people that have been taken advantage of by people using these legal truths to sell others a load of garbage. So like we just discussed, they have 80% truth + 20% garbage = people get hurt taking action on only a partial truth.

            It also speaks volumes to me that you almost went bankrupt but fought your way out of from the ground up. I believe you saw my post earlier this week where I discussed how I first became interested in the PMs and almost went bankrupt myself in my prior business, and fought my way out to get back on top. It is a real character builder to be humbled and knocked down, but to dust yourself off, stand up and keep fighting in an honest and driven manner to succeed. I tip my hat to you sir for that!

            Have a great week and this has been my favorite discussion of the week!

            Cheers!

    Jun 14, 2015 14:58 AM

    Also, those interested in individual stocks and investments Cory and Docs
    newsletter service sounds like a winner. Probably will receive some excellent
    TLC answering questions etc. If your serious investors.

    I think you guys need to consider more of a professional approach to help insure
    success and limit downside. Just a suggestion and my opinion. Also, reduces the
    stress associated with the risk and if you value your sleep.

    Wish all of you best of luck in all your endeavors.

    Jun 14, 2015 14:57 AM

    Hello Mark Allen,
    I do appreciate your comments, you seem sincere and concerned. You make a good point that I want to address. You said “what about truth and decency”.
    I ask you, who decides what is the truth and decent?
    We allow politicians to not tell the truth all day long and every day. How about Harry Reid saying that Romney didn’t pay any taxes, while on the floor of the house? Also how they got us into the Vietnam war on a lie. Was there any penalty for either? Look at all the American deaths. Just a couple examples.

      Jun 14, 2015 14:34 AM

      Gregd,

      Oh I agree, but does that mean that WE should act the same? Does this mean that we conduct our own actions to resemble the very politicians that are supposed to represent the people? Does that mean we should just let things lie because “Ahhh well, nothing is going to get done about it.”? Does this mean we just lie down and take it? Greg, I think both you and I would agree that our government is a “den of thieves” and loaded with corrupted individuals, but when we as ordinary citizens CAN NOT DISCERN FOR OURSELVES what is decent, moral, and true, but have to rely on politicians to make laws in order to discern such….then we have truly degraded to the lowest level of society. WE need to set examples here.

      The very reason there appears to be no outrage is because WE don’t stand up enough and make our voices heard. We sit on forums and complain and point fingers – typical of us all. But we can’t continue to act like them. We are better than that, I would think. If you, I, or any other can’t see the obvious for what it is and speak up about, then we are no better than they. I for one am VERY active in contacting and calling my Congressman and district representative for my area (Mike Pompeio), and just because you don’t see and hear the complaints and demands being made against people such as Reed and Romney, doesn’t mean they ain’t happening ;-). Heck! Even I’m on the phone regularly to our state’s capital because of the corruption I see, read, and experience from our governor Brownback! This guy has been called in to the ethics committee three times in the past and yet he keeps getting elected! What the heck!? Even our local district representative has written a new drunk driving law so that it will benefit his son-in-law! Decrease penalties and fines and the chance to regain your license back in less than one fifth the time! Even for repeat offenders! My oldest sister was nearly killed by a drunk driver and spent over three weeks in the hospital because of it. You talk about a hot phone line!

      You, yourself, have demonstrated great intelligence and insight. Even the Good Book says we DO have the right to judge and we should! We just don’t have the right to condemn. But we need to start living out what we believe versus just complaining about it. I completely share your outrage in regards to Vietnam, and we can’t forget that our nations participation in WWI and The Iraq Invasion post 9/11, Afghanistan, and several other wars were the result of agenda’s that were just plain evil and corrupt. But let’s take a look at what the American people HAVE done. They spoke up enough to prevent a “false flag” invasion of Syria and Crimea. Yes, these might seem minor to some but its a damn good start, Greg. It’s a damn good start.

      Thanks for your reply and I really appreciate your insights and comments. I share them!

        Jun 14, 2015 14:43 AM

        Good discussion both Gregd, Heavy Hitter, and Mark Alan.

          Jun 14, 2015 14:28 AM

          All great thoughts gentlemen. I will try and do my part. Respectfully………..JERRY

            Jun 14, 2015 14:04 PM

            Thanks again Shad and we our countin on ya….Jerry.

    Jun 14, 2015 14:33 PM

    Mark Allen,
    You took a lot of time to write a lot of words, and you arranged them in the most perfect way. I enjoyed reading every one of them. You are good people.
    I thank you.