Great posts from Peter Grandich
Sure is!
Great post for this Sunday. Now THAT is the real investment! One that will last for eternity… 🙂
Thanks Jay and Pounder and I do agree.
Very nice comments from Peter.
To bad Jo Jo did NOT have the decency that Peter did.
Who is Jo Jo
Jo Jo, she used to be his office manager. When Peter was to busy, she would correspond via phone and email to his clients (of which I was one).
But when things started moving against them in the markets Jo Jo became unprofessional, rude, etc. In 2010 she left his firm.
Think Peter lost some money lately so he finds some solace in these words.
Those words are healing to all people – poor AND rich.
I have known Peter for a long time and money has absolutely nothing to do with it.
exactly, Peter was a lone star in this arena. From 2003 until he started new ventures in 2009 was wonderfully different than most advisors. He was not ashamed to keep his faith at the forefront of his daily comments. In todays secular world, I personally thought it to be admirable.
Look at these graphs:
http://www.zerohedge.com/news/2016-02-07/dear-barack-you-forgot-mention-few-things
I’m having a deja Vu moment.
What is it that Jimmy Carter once said.
“Every thing that should be up is down; and everything that should be down is up.
Of course, what is the same…..We have another Democrat idiot in the Whitehouse.
another fear monger
So very nice to see / hear a post from you.
I do believe that your love of people makes a difference in the world.
Wishing you good health and lots of love in your life.
Martin F.
I was in Coco Vz 3 years ago last month on a mission trip. Even then they were rationing corn meal and rice. I can only imagine what conditions are right now with the Bolivar down 90%. Pray & stay humble before God.
Of course Mary, “pray and stay humble”.
God bless everybody. Love never fails also.
+1
Scrooged Christmas Miracle Speech
Your children and your love for them is most pure love…..
Gold just broke above the Oct. high. There’s no longer any argument. The bear market is over.
Prepare to buy the dip sometime in the next week or two.
One great news. The shale giant and pioneer Chesapeake Energy is rumored to be filing for bankruptcy. The already hammered stock is down 50% today. I talked to their top drilling engineer who serve in a north American petroleum data committee . He aid CHK cannot make money on gas. It need to have $4.5-5 gas to make money. But they can make money on shale oil as long as oil stays above $80. Now it is far below that.
Anyone can confirm it? If CHK is gone, other smaller shale plays will follow and money will dry up for the sector. CHK is submerged in debt.
CHK seems to big to fail or too important to fail. It is the icon of US shale sector.
There will a lot more in the BANKRUPTCY COURTS for protection….count on it.
GLAD TO SEE……….SILVER get past $15
GOOD start to the week ………good sign for a MONDAY.
Jerry ditto..we haven’t seen follow through like this in many moons…the market is on the move…pins that is
Hello Marc………..you are absolutely correct……Hope, everything is great with you.
I have not seen a STRONG FRIDAY AND MONDAY , back to back, in a long time. Usually the hatchet crew gets to comex or London fix…
The guy on the other post, is noting the “sea change”….which I mentioned a couple weeks ago…..
IF, we blow by 1200 this week, we need to get to 1250, then it is definitely a new game.
May 2011 repeat, please. It was the year JPM was under law suit for silver manipulation and relatively constraint.
They are still making a killing, and until some of the go to JAIL……it will be the same, except silver mines are shutting down,…which might put a squeeze on the supply side.
That is still in debate as to the supply…………But, OLD BOB M….says we have have seen the bottom.
I agree with Bob almost on everything but his insistence on no significantly manipulation drives me crazy. We just cannot say manipulation makes no difference as long as it is not more than other sectors. It is even harder to find it let alone measuring it. But I still like him and listen to him all the time.
However, I already put some shares for sale since I know spring is good time for gold. I need to trim down on my heavy gold silver holdings to prevent another attack.
Dragonite………..I have to agree with you on the manipulation part. I think when paper is in a trade with phyz….there is something wrong. And the SEC is way behind the curve and was shown to be true with BERNIE MADOFF.
There is way to much happening to be short on phyz. Stocks are ok, but, Matthew , just posted Claude….and it took a wack of 27% today. I see a lot of volatility going into the next few months. There will be a lot of bankruptcies , which will shake out the dogs.
Stay nimble, as Cashin likes to say…………….jmho
Thats nice