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March 26, 2016

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Discussion
228 Comments
    Mar 26, 2016 26:46 AM

    Thanks for the show/your efforts guys….I thought you would be MIA over the Easter break.
    Enjoy your Easter weekend Big Al, Cory & guest’s
    Cheers.

      Mar 26, 2016 26:36 AM

      Happy Resurrection Day! Hope is here.

      Mar 26, 2016 26:45 AM

      And, you enjoy yours, Skeeta!

    b
    Mar 26, 2016 26:55 AM

    Mar 24 If Hillary Isn’t Indicted, the Rule of Law and the Republic Are Dead OfTwoMinds
    articles @321 gold

    The United States has reached a crossing the Rubicon moment: either Hillary Clinton is indicted for knowingly violating statutes regarding State Department security, or the rule of law and the Republic are dead. This is a binary moment: we either let Hillary evade the laws that were established to protect the security of the nation and confess there is no rule of law now for the Oligarchy, or the agencies tasked with defending the nation indict her.
    There is no middle ground. If Hillary isn’t indicted, the rule of law, i.e. no one is above the law, is dead

      Mar 26, 2016 26:39 AM

      Just remember this country is controlled by bankers and lawyers. Loopholes abound, Hillary states that “at the time” she sent the emails that they were not classified.

        b
        Mar 26, 2016 26:02 AM

        While Hillary contended that she had never seen an email on her homebrew server marked “Classified” there is no such marker on any state secret. They may be Secret or Top Secret or Confidential but they never say “Classified.”

          Mar 26, 2016 26:33 PM

          I would classify that as “legal semantics”

          Mar 26, 2016 26:34 PM

          B, is that verifiable?

          Thanks,

          Al

        Mar 26, 2016 26:01 PM

        Bobby,

        You have taken the bait – and are greatly mistaken.

          Mar 27, 2016 27:17 AM

          not saying that I believe it, just stating how it is playing out. She will not be charged. They NEVER are.

      Mar 26, 2016 26:47 AM

      Agreed, b

      DC
      Mar 26, 2016 26:44 PM

      +1

    Mar 26, 2016 26:35 AM

    Very well put b. This is a binary real down-to-the-wire moment for the States and the rest of the world. With Hillary being the embodiment of evil I have to say that the Donald option is looking more and more like America’s only hope. I’m also learning more about Mr Trump which makes me view him far more favourably . Apparently he went to Scotland to meditate for a month over whether or not he should run (incidentally it was in the Scottish Isles where George Orwell wrote 1984). Furthermore, Trump’s admitted to having flaws (excessive greed among them), while now opting to lose millions in commercial ventures due to his decision. People who meet Mr T speak of someone’s who’s not only a good listener but curiously humble, and who despite being non-political seems prescient as well, warning back in January that things were getting toxic in Brussels.
    The Bible is full of unlikely characters who come to the fore to do God’s bidding. I like to think that this man, despite and maybe because of his monumental ego is having his own epiphany to become God’s avenging instrument in this perilous election. That said, Trump can never magically deliver the States from bankruptcy, with bitter times lying ahead for whoever wins. Or putting the Bible to one side, I feel as do many more that like the small boy in Cormac McCarthy’s ‘The Road’ asking the good guy at the end of the story ‘Do you carry the fire’? that Mr T actually does.

    Echoing Skeeta’s comment, thanks as always to you guys for the Weekend show, which I shall listen to in due course. You and your contributors provide a unique and invaluable source of information. And so to one and all I’d say a ‘Very happy, prosperous and peaceful Easter to you all’: God remains in control!

    Mar 26, 2016 26:41 AM

    Oh and yes Jay T your interview with Ellen Brown on SGT was very informative as well!

      Mar 26, 2016 26:17 AM

      WHAT DID she have to say which is important , that she has not covered in the last few years?…………thanks…………… OOtb

    Mar 26, 2016 26:21 AM

    I think Vic Sperandeo had some pertinent things to say about it being election year in the US and the Fed only being interested in keeping the markets up. That is something that Gary Savage has been saying also for several months.

    Food for thought indeed.

    Mar 26, 2016 26:30 AM

    By the way Cory, it is pronounced ‘BREX-IT’ and not ‘BRIE-ZIT’.

    Brie is a cheese. A zit is a zit.

    😉

      Mar 26, 2016 26:00 PM

      Yes with the focus being on the root word “Exit”.

      If there is a short-squeeze on a zit and brie cheese comes out, then it is a Brie-Zit.

    Mar 26, 2016 26:29 AM

    Craig Hemke has it correct: the holiday, as well as next Monday’s expiration date, as well as next Friday’s monthly NFP jobs report, means that the attacks on gold/silver will continue.

    It’s real easy to predict the price of precious metals, folks. Just keep asking yourself “How much power do the Powers That Be have to enforce their fiat fractional reserve paradigm, and suppress any alternatives to their fiat pyramid scheme?” Only world events can affect the US/UK/Illuminati enforcement of the status quo. Thus we get suppression of the precious metal prices, illogical moves in the paper markets, and world financial events that make no sense – to us.

      Mar 26, 2016 26:32 AM

      TFMR Podcast – Saturday, March 26

      This is a public podcast. If you can spare the time this holiday weekend, I urge you to give it a listen.

      The topic is the CFTC-generated Commitment of Traders reports and the criminally fraudulent nature of the Comex paper derivative precious metals markets.

      http://www.tfmetalsreport.com/podcast/7529/tfmr-podcast-saturday-march-25

        Mar 26, 2016 26:53 AM

        Harvey Organ has the same prediction about Monday and Friday, on SilverDoctors’ 03/25/2016 report.
        https://www.youtube.com/watch?feature=player_detailpage&v=EinkxXbeaak

          Mar 26, 2016 26:26 PM

          Horseman Capital and the yen…….might be a good listen to…..btw thanks for the post

            Mar 26, 2016 26:03 PM

            Long Yen, short Nikkei…….. Sure Frank, I would agree with that. You have a link to the interview with Horseman?

            Mar 26, 2016 26:53 PM

            No, Farmer, it was mentioned at the end of the tape(see jppace post)…which was posted above…sorry, I would like to hear the same.

        CFS
        Mar 26, 2016 26:41 PM

        Turd gives an exact description of what happens on the COMEX.

        What he does not know is how close we are to a COMEX default. (Failure to deliver)
        What I don’t understand is why so few speculators stand for delivery.

        Mar 27, 2016 27:36 AM

        An absolutely brilliant podcast Marked/ Thank you. Patience isn’t enough; divine patience is!

      Mar 26, 2016 26:59 AM

      What is the probability of gold re-testing sub-$1200?

      http://www.tfmetalsreport.com/comment/170246#comment-170246

      Mar 26, 2016 26:39 PM

      Kind of seemss that way, doesn’t it Mr Pace?

    Mar 26, 2016 26:08 AM

    SEG 7…..China does not want the FED to raise rates…………

    Mar 26, 2016 26:15 AM

    SEG 8……a THIRD PARTY COULD be developing under the nose of the TWO HEADED SNAKE

      Mar 26, 2016 26:42 PM

      You think? I don’t think that we are there quite yet, but soon!

        Mar 27, 2016 27:23 PM

        I was going to go into a Rant…….but, decided that it better not to at this time..

          Mar 27, 2016 27:25 PM

          THE END OF THE TWO PARTY SYSTEM MAY BE UPON US……..zerohedge, seems these guys might be using our material………ha,ha,lol

    Mar 26, 2016 26:38 AM

    THANKS for having Adrian Day

    Mar 26, 2016 26:03 AM

    One stock I am interested in when there is more of a pullback is Kirkland Lake, (T-KGI) it is the richest deposit in the world at 19.2 grams per tonne and is not owned by a major. The macassa mine is in a stable jurisdiction, northern Ontario. As always DYODD! DT

      Mar 26, 2016 26:38 AM

      DT
      My Kirkland Lake Gold (OTC: KGILF) is my favorite gold PM. I have owned it since Dec2014, and added shares on pullbacks since. As always, I think high grade is the first consideration when buying a PM Stock (McEwen perspective). And, of course, pure-Canadian properties.

      That is why Alexco is my favorite Silver PM stock. Based on some of their new drill results, it can be argued that Alexco has the highest silver grades in the world.

        Mar 26, 2016 26:08 AM

        Thanks Brian.

          Mar 26, 2016 26:20 AM

          DD or Double Ditto, Brian.

            Mar 26, 2016 26:36 PM

            TD or Triple Ditto or Tritto – Brian.

            Thanks again, as I did trade Kirkland Lake in 2015 based on looking into it a bit more deeply. One of the biggest influences for deeper dive was your posts here on KER. Longer term it is a very solid company.

            It is at a crossroads right here and I do agree with Matthews chart below that it is about to get deflected back down if Gold stops it’s run, or it’s about to get a steeper incline if it breaks out of that range and above that upper trend-line for a sustained time period.

        Mar 26, 2016 26:40 AM

        Nice. Hope you took profits above $9. It has been in a bull market for two years but it now looks like its uptrend will steepen (see fork). It also looks like it should correct/consolidate for weeks – months if gold doesn’t go much higher.

        http://schrts.co/Bvqa1X

    Mar 26, 2016 26:31 AM

    NEWS OFF TOPIC……….Trash truck drivers in NYCITY…make $100,000.

    Mar 26, 2016 26:45 AM

    Adrian:
    Can you tell me, what ever happened to Golden Sierra Mining & Exploration Corp., which you gave to subscribers years ago? 100 shares. Should I frame the certificate?

    Mar 26, 2016 26:50 AM

    Ref Seg 7 the June 23rd ‘Bexit’ vote is seen as a referendum on immigration with Nigel Farage (the UKIP leader) arguing that open borders equates to an unchecked flow of Kalashnikovs.

    http://g8fip1kplyr33r3krz5b97d1.wpengine.netdna-cdn.com/wp-content/uploads/2016/03/GettyImages-514435800-714×475.jpg

      CFS
      Mar 26, 2016 26:23 PM

      It is clear, now, that the UK will vote for BREXIT on June 23.
      What is not clear, is whether the EU will allow the UK to withdraw from the EU and close its borders to limit immigration.
      I have heard from two different (independent) sources that in the BREXIT negotiations, Franksort bankers and Brussels’ politicos will require that the UK must continue to allow unrestricted immigration of people with EU passports, in exchange for the UK stopping its net 15 million pounds per week payments to the EU.
      Such immigration will be demanded on “humanitarian grounds”, together with current immigrants to the UK being allowed continued indefinite residence.
      It is not clear whether Cameron has enough of a spine to stand up against such demands.
      He is already worried that his austerity, holding the line against ever increasing social welfare, program is already very unpopular.
      (He never should have allowed the attachment of the name “austerity”, but should have gotten it called “responsibility”.
      He has failed to articulate well the fact that no government ever has any money to give other people that it does not first take by taxation from someone else.

        Mar 26, 2016 26:21 PM

        Apparently the French were cheesed off that David Cameron’s negotiations were so weak-willed because they were hoping to have some kick-back against Merkel’s German immigration madness.

    Mar 26, 2016 26:11 AM

    I am beginning not to like this sector…………….the CLAW

      Mar 26, 2016 26:38 AM

      I think real estate is the place to go hide……..

        Mar 26, 2016 26:39 AM

        Rentals for the world…….people have to have shelter, they do not need gold… LOL

        CFS
        Mar 26, 2016 26:26 PM

        You’re joking!
        Real estate is only a place to hide IF you can guarantee negligible interest rate increases.

    b
    Mar 26, 2016 26:23 AM

    https://www.youtube.com/watch?v=RsWCuHeIz1A

    The Great Economic Debate With Peter Schiff And Harry Dent

    Alex Jones : Commercial Free – Friday (3-25-16) Harry Dent debates

    The Schiff Dent video is 3 hrs, but the link I posted (if it works) is the aprox 30 mins on gold. If it doesnt work copy/paste I guess.
    Anyway, Dents argument for deflation and $700 gold is pretty good.

      Mar 26, 2016 26:32 AM

      DENT is not going to change……..

        Mar 26, 2016 26:35 AM

        but thanks for the post……….

          Mar 26, 2016 26:38 AM

          I viewed it yesterday, since it was a slow day for news……..Alex has not changed….. 🙂

      Mar 26, 2016 26:13 PM

      Thanks for the link b. I just watched it and of course you already know I am in Dents camp on this one. What Schiff is saying just does not resonate today like it did back in 2010. He seems to have painted himself in a corner and cannot move forward or take account of the facts as we now know them. Maybe he has just been saying the same thing so long he believes it now but he doesn’t seem to have adapted with the times and instead sounds like a tired old broken record.

        Mar 27, 2016 27:57 PM

        The key player going forward is the AIIB. If they ( China-Russia)reveal they have 20,000-40,000 tons and declare the going price is $5K, $8K, $10K or beyond, they will be the market maker for the world, not the BOE and/or the U.S. Treasury.

      Mar 26, 2016 26:56 PM

      700 now. He was calling for 250 a couple of years ago. His number is everywhere. He is such a dead wood. I hate him, probably only analyst I say that I hate.

        Mar 27, 2016 27:00 PM

        I believe Dent will be eating crow a lot sooner when $1525 is attained for starters.

          Mar 27, 2016 27:25 PM

          Could be Marty. I never saw the potential for such low numbers as Dent mentioned. The thing is when you look at the YEN chart it does look like it will break out to the upside at some point this year. That suggests gold will rise once this current corrective period ends and it is the one thing that puts my prediction of sub 1000 gold into doubt. We will just have to watch and see what the BOJ does next.

    b
    Mar 26, 2016 26:27 AM

    Guess it wont be popular with the goldbugs here but Rick A and Farmer might relate to it.
    I think it kinda fits with Docs doldrums too, timing is not quite the same tho.

      Mar 26, 2016 26:41 AM

      Nothing going to change until COMEX IS GONE………….

        Mar 26, 2016 26:43 AM

        You know it is a game……….when silver has been frozen at $15 for months………

          b
          Mar 26, 2016 26:22 AM

          Maybe….. good argument he has tho.
          Bored outa my mind I took the unusual route and actually looked at kwn, sure enough, Rick Embry…silver is FaNtAsTic, if he thinks its so good why doesnt he ever say, “I bought another million dollars of silver today”, I dont believe even one of those guys mentioned at the top there was even a possibility of it coming back down, I could have missed it of course as there were so very few and far between remarks if there was any.

          PMs will go back up, just as oil,coal,tungstun and everything else will, but it looks to me, a deflation is happening, sure some things are inflating, but billion dollar diamonds and artwork really dont affect me, neither do multimillion dollar homes actually. We just had a bear market bounce, and every time we get one people start with the “this is it, baby bull, here we go” yadda yadda

          I think Rick A,Doc and Bird are right, we gonna deflate and when its time, maybe after dollar printing, PMs and everything else will increase again, guaranteeing an impoverished retirement for most of the boomers.

            Mar 26, 2016 26:34 AM

            I think you have some valid points……..and I agree with some…… the CLAW , I am going bearish. 🙂

            Mar 26, 2016 26:44 AM

            Seasonal change ….should bring gold back up……according to Zeal report.

      Mar 26, 2016 26:32 PM

      Ha! Don’t fret about that bb. Nothing will ever get through to the Gold bugs. They are just hell bent on worshiping that little rock come hell or high water so its not worth the time to worry about a popularity contest. I am moving substantially into USD personally because there is BIG trouble coming from China and I feel certain that trouble is coming this year. Possibly around the time of the US elections although pinning it down is not going to be easy. Their economy has already entered into a period of extreme stress and we see this manifest in substantial capital outflows and the growing trend to shore up the Yuan and their economy via the sales of Treasuries (just two examples that should give us pause to be concerned). At the same time the Fed and Japan have now become the largest holders of UST and this is a trend that should accelerate. By the time it is all over we will see that China has been substantially weakened in terms of their foreign reserves and by default their reach across the globe to acquire foreign assets will diminish proportionally. I
      would be a seller of Canadian, Australian and New Zealand dollars in this scenario but would not be too quick to take a position against the Yuan. I am pretty sure they will defend it for longer than most people can hold on. Yen should be trending up for years and USD will strengthen substantially (all in relative terms of course). If you are curious though I have a very negative outlook on China right now and believe strongly that is where the next crisis will precipitate from. So I am much less focused on Europe.

        Mar 26, 2016 26:39 PM

        I did have some charts to post to back up my idea here but something funny happened. Three different times in the past days I wrote a summary of my idea with links and each of those times my computer went dead due to a power outage just moments before I was about to hit the send button. I figure the angels are telling me something. Those are charts that should not be offered because they are pretty damning. So i think I will keep the case closed on this one. I don’t want to anger the angels after all!

          b
          Mar 26, 2016 26:47 PM

          Angering any unseen thing could be unwise.

          In any case, Im sure you noticed but Schiff and Dent ultimately agree about gold, its just the “how it gets there” they differ on.
          Dent is saying $700 before it turns around, he was at $400 for awhile,but he has it turning back up. Your saying $968 could happen, and Rick believes $817 is possible, whatever, they are all so close what does it matter?
          Personally, Im loading up somewhere around those numbers, if I miss that buy time I will have to be happy with the bathtub of gold coins I have now. lol

          I have always liked Docs doldrums, by the time we get there he could be saying $7-$800 too.

          Nice call on that drop again by the way. I know I said it before but that was a good one and its worth complimenting twice. lol
          If gold drops to $400, Im gonna make some life sized gold statues. lol

            Mar 26, 2016 26:54 PM

            Well thanks bb. Much appreciated especially as there are usually so few who believe. I hope you made a few bucks on that drop.

    Mar 26, 2016 26:29 AM

    I have cash on the sidelines for me and son. Cash for me for SPXS through Scott and SH for my son through Robinhood. I currently have 2 positions in UWTI, 1 in NUGT, and 3 in DUST.

      Mar 26, 2016 26:30 AM

      Forgot to add I have 1 position currently in SPXS.

      Mar 26, 2016 26:49 PM

      How can you have 3 positions in DUST? Wouldn’t it just be 1 position with an averaged cost basis, or do you mean that you have 3 different trading platforms?

    Mar 26, 2016 26:51 PM

    Michael Belkin’s latest views.

    http://kingworldnews.com/michael-belkin-3-22-16/

    Mar 26, 2016 26:51 PM

    I’ve watched “eateries” with fascination since most have been packed. However, a new report out says this might be the 4th month in a row where “casual dining” is now down. What ever happened to the idea that people would up their spending with gas prices moving down. I believe it’s just another symptom of the deflationary spiral upon us.

      Mar 26, 2016 26:59 PM

      DOC……..it is called “lack of cash”

        Mar 26, 2016 26:04 PM

        Dining out has double in price …in the last 7 yrs……..

          Mar 26, 2016 26:05 PM

          Two mouths to feed , you might not notice the increase, when four (4) go out , a $100 bill will not cover it.

            DC
            Mar 26, 2016 26:45 PM

            Yes, and that’s just at a Denny’s. How the heck are these young people affording the movies???! In L.A., it’s $15.00 a ticket, $7.50 small popcorn, $5.00 small soft drink or candy — per person. And yet, they are lined up around the block on the weekends.

            When I moved to Ashland, OR a few months ago, I nearly went into shock when I was only charged $7.00 senior evening prices ($6.50 matinee)! It’s $2.00 higher for regular adult prices, BUT the damned small popcorn is still more expensive than my ticket! Not that it affects me, since nothing could induce me to buy it, and not just for the price. They’re killing you off with the GMO corn and rancid “butter flavored oil” into the bargain.

      Mar 26, 2016 26:49 PM

      There are so many restaurants near my office that have been struggling and now there are about 10 more opening up including Chipotle when we seem to be going into a recession. I eat out everyday for lunch so it gives me more choices but these places are not going to make it as they seem to be packed on Friday and Saturday nights only.

    CFS
    Mar 26, 2016 26:14 PM

    I don’t think anyone posted this on silver:

    http://silverseek.com/commentary/five-years-changed-silver-forever-15413

    Mar 26, 2016 26:44 PM

    Thanks for that CFS – JPM’s perfect crime indeed. Best, A

    Mar 26, 2016 26:57 PM

    The first Fibonacci arc support for gold next week is about 1203+/- followed by 1172 and 1155.

    http://schrts.co/h0x4hu

      Mar 26, 2016 26:04 PM

      That’s based on the arcs that are pointing down. 1186 is the first support based on the one arc that is pointing up.

      Mar 26, 2016 26:05 PM

      Sounds about right to me. And 1155 is more or less the midpoint of the rise from Decembers bottom to the recent peak. Probably as good a place as any for a bounce on the way back down.

      Mar 26, 2016 26:28 PM

      I’m looking for a bottom around 1155.

        Mar 26, 2016 26:29 PM

        At least, that’s been what I’ve mentioned for weeks that we could see around 1150—that’s about where my CBI is pointing.

          Mar 26, 2016 26:55 PM

          We’ll keep an eye on that support level. Much appreciated.

          CFS
          Mar 26, 2016 26:40 PM

          It is going to be hard for the banksters to suppress gold that hard Doc.
          China is still buying at a rate of 51 tonnes per week.
          While they keep very secret the actual amount of physical available for suppressing the price, the general public demand appears to be sufficiently high that, while they would like to suppress the price down to $1150, it is my guestimate that they will only get it to about $1180 by April 1, and after that it will increase in price until the next set of contract expirations.

          Mar 27, 2016 27:53 PM

          DOC
          I have newly adjusted weekly charting tool that has 1155 as the most probable support level, so we actually agree!

    Mar 26, 2016 26:30 PM

    http://www.cftc.gov/dea/futures/other_sf.htm—the net shorts continue to increase for gold and silver on the disaggregated futures COT report.

    Mar 26, 2016 26:33 PM

    Increase of about 4000 net shorts for silver and 6000 net shorts for gold.

      Mar 26, 2016 26:54 PM

      Doc – Thanks for the update on the increasing shorts on Commercial positions for the COT.

      CFS
      Mar 26, 2016 26:31 PM

      This decrease in gold and silver prices will clearly go on through to April 1.

      Doc:
      The only question to ponder is whether the physical supplies are sufficient to continue the manipulation or not.
      It is interesting to note that in February supplies of gold were sufficiently tight that the New York Fed did not send its usual 10 tonnes/month to Germany. FIRST time that has occurred since the Fed agreed to slowly repatriate the German gold it was holding. GLD and SLV have been “obtaining” their gold and silver via swaps, so the “gold” and “silver” in those ETFs do not actually belong to GLD and SLV.
      I just longer how much longer the COMEX can fraudulent muddle along until they are forced into a cash settlement.

        Mar 26, 2016 26:46 PM

        CFS, that’s really interesting info about the lack of gold repatriation to Germany—I was unaware of that. One does get a sense that the COMEX and others are having a more and more difficult time of keeping things together. We’ll continue to see a decline of the PMs into May but it doesn’t bother me one bit since I’m now going to be buying the metals intermittently again along with stocks. As I’ve mentioned many times, I believe 2017 is when we get even more traction in the metals. However, I feel the stocks will continue seeking higher trading ranges over time—you can sense the change coming but it won’t be ballistic but a gradual move up until it can’t be controlled any longer.

          Mar 26, 2016 26:53 PM

          Agree, Doc

          CFS
          Mar 26, 2016 26:25 PM

          The bullion banks are currently juggling limited physical and rate of loss of physical versus sentiment of speculative longs.
          Obviously the commercials would like to continue their game of Rinse-Wash-Repeat as long as possible, before the ultimate beak-down settlement for cash.
          However, the behavior of the speculative longs is becoming fickle. Historically the bullion banks have been able to naked short without limit to drive the price down to kill the sentiment and force over-leveraged longs to sell. Now it seems to me,, after 41 years of this behavior, because of changing world events, there is a danger to the bullion banks that a greater fraction of longs will stand for delivery.
          Most people know the bullion banks are short selling gold they do not have; they sell over a hundred times the amount of gold they actually have, hoping/knowing that less than 1% of the longs will take delivery. With gold technically strong relatively so far this year, it is going to be interesting this year watching the behavior of the bullion banks.
          When people wanting gold finally realize that gold will NOT go higher on a lasting longer term basis UNTIL physical supply on the COMEX RUNS OUT, they will accumulate the physical so it WILL run out, and then can enjoy the rise in price.

        CFS
        Mar 26, 2016 26:51 PM

        My first “longer” should have been “wonder”

    Mar 26, 2016 26:04 PM

    The figures above relate to the commercial positions—the speculators are about ready to get run over again.

      Mar 26, 2016 26:52 PM

      I agree Doc. Something I have noticed this time around though is that there has been quicker acceptance of the idea gold may not be embarking on a new gold trend after all.

      In the past the die-hards would battle and argue their way all the way down the chart and ferociously defend metals idealism. There was major denial happening. And you could sense they really hated being wrong.

      That did not happen to the same extent this time though. The super bullish talk has faded pretty quickly as a matter of fact. Maybe the devotees are just getting tired. Maybe there is mental capitulation and even acceptance that this bear is not over. But the bugs seem to have given up easy.

      I wish I knew what it was exactly. But this time around it was easier than ever to persuade them that gold is still not ready for prime time and we are already seeing guys reversing their earlier bullish stances.

        Mar 27, 2016 27:26 AM

        No use arguing about the bull……Every time I go in the coin shop……..people are buying silver………just a fact.

          Mar 27, 2016 27:27 AM

          I visit three coin shops every week………..and there are customers in every one of them.

          Mar 27, 2016 27:31 AM

          Do not misconstrue this ……..there are not long lines, yet……..

            Mar 27, 2016 27:19 PM

            I remember the lines in Dec-Jan 1979-1980 at the University Coin off the campus of Rice U being 20-40 in line that month into to the $887.50 inter day high at 9am. People had discretionary income then, whereas today most have none.

            Mar 27, 2016 27:09 PM

            I visit a local Precious metals dealer once per month to buy either small gold denominational coins or 10 oz silver bars.
            I hope I never need them & they get given to my kids one day when the wife & I have passed.
            Other than myself……& the sales people, I rarely see anyone of Anglo Saxon appearance in the premises.
            The customers are mostly of Chinese, Korean & Indian heritage.
            They also seem to fancy gold bullion bars (everything from 1 oz +) over smaller gold fractional coins for whatever reason?
            Anyhoo…..just my personal observation.
            Cheers.

    Mar 26, 2016 26:05 PM

    Matthew, Bird , AKA Doc ! The Numbers will go crazy the boys will ( Destroy ) the Dollar reality ! Keep same real GOLD ! The world is no more !

    Mar 26, 2016 26:03 PM

    This is a great site that I keep forgetting to look at regularly. Many good charts daily.
    http://www.timingthemarket.ca/techtalk/2016/03/24/tech-talk-for-thursday-march-24th-2016/

      Mar 26, 2016 26:56 PM

      Thanks, Paul.

      Mar 28, 2016 28:42 AM

      Thanks for that site Paul L. Very interesting resource.

    Mar 26, 2016 26:41 PM

    Al, why don’t you interview Chen Lin. He regularly talks to traders and business people in China. I don’t think Jay T would mind. DT

      Mar 26, 2016 26:53 PM

      Chen has his pulse on an area of the world, China which is important for your readers and posters.

      Mar 28, 2016 28:43 AM

      Good suggestion DT.

    Mar 26, 2016 26:48 PM

    Anyone who thinks the USSA is a free country is delusional. Anyone who doesn’t realize we are ruled by tyrants is an idiot.

    What Happened When I Tried to Take $1500 Cash Out of Bank of America-Bank Holiday is Near

    http://www.thecommonsenseshow.com/2016/03/25/what-happened-when-i-tried-to-take-1500-cash-out-of-bank-of-america-bank-holiday-is-near/

      Mar 27, 2016 27:35 AM

      I was mentioning this 8 yrs. ago……..The banks do not have large amounts of cash on hand.

        Mar 27, 2016 27:29 PM

        FFM…I bank with a major bank and needed $ 3,000.00 for an auction. I ended up having to take 5’s and 10’s and it took them 20 minutes to put that together. When I inquires about this I was told I would have to talk to the manager and she was at lunch. I spoke with friends at the auction that bank where I do and they experienced the same thing. To me that is not a good sign.

    CFS
    Mar 26, 2016 26:48 PM

    If the story by Dave Hodges is true; he just proves himself not to be sharpest pin in the pin cushion.
    1. In the event of major monetary collapse, Bank of America and similar large banks are more likely to go belly up than credit unions and similar small institutions.
    2. You are much more likely to get what you want by pleasant as opposed to obnoxious behavior regardless of the law.
    A smile and a response like “I’m buying something and the seller prefers cash, rather than waiting for a check to clear” would have probably resulted in cash being immediately given without further hassle.

      Mar 27, 2016 27:44 AM

      1. In the event of major monetary collapse, Bank of America and similar large banks are more likely to go belly up than credit unions and similar small institutions.

      Hardly, they will be the first to be bailed out, or bailed in or whatever it takes. Our rulers have said they are too big to fail. Don’t you remember this?

      https://rasica.files.wordpress.com/2014/12/boa-derivatives-david-dees.jpg

      And if the man wants his money it’s none of the bankster’s damn business why. It was the bankster who was obnoxious by asking those questions.

        Mar 27, 2016 27:37 AM

        GOTS…………..Sinclair………..get out of the system………

          Mar 27, 2016 27:39 AM

          Next we will be talking about BAIL INS……and the sheeple will think it is news………

        CFS
        Mar 27, 2016 27:02 AM

        “Hardly, they will be the first to be bailed out, or bailed in or whatever it takes. Our rulers have said they are too big to fail. Don’t you remember this?”

        I don’t believe much of what our rulers may say.

    Mar 26, 2016 26:57 PM

    That Craig Hemke sure sounds focused. I listened to his recent TF Metals report on the Comex, COTS etc and it was just blah, blah, blah and a whole lot of disjointed and unrelated numbers that meant ab-so-loot-lee nuthin.

    But he loves to hear himself talk because he just went on and on and on without ever making a point I could sink my teeth into. Just this amount of open interest and that amount of short contracts and how the other guys are smarter.

    Who guessed eh? Maybe that’s what sticks in his craw. He is not among them.

    I think he was trying to say the bullion banks are ganging up on silver and gold to push it down. For a profit no less! Well yeah Turd, its because metals offer an opportunity to make money on the backs of the fool retail traders who keep wanting to get long and smash the Comex!

    Go figure eh….maybe its a market. Smart money versus Turds.

    What a goofball. He makes no sense to me because he just does not get it.

      CFS
      Mar 27, 2016 27:55 PM

      There’s one Farmer in Canada who should listen to:
      http://www.tfmetalsreport.com/podcast/7529/tfmr-podcast-saturday-march-25
      Hemke does get it.

      Mar 27, 2016 27:31 PM

      Bird…what is it that he doesn’t get? I would assume because it goes against your opinion.

        Mar 27, 2016 27:12 PM

        Oh maybe its the part where Hemke says the Comex is a criminally fraudulent paper derivative market. That might have created a little bias to begin with and left me questioning how balanced his radio show might be.

        But I did give him the benefit of the doubt and tried to listen to him. Who has the time for all that blather though. Like most others he has no real evidence. Just a pile of numbers that he uses to make accusations and assumptions. Its in the same vein as Harvey Organ whose arguments are also a complete waste of time.

        The cartel this…the cartel that. The Crimex is behind it all. They are going to take down gold folks. You better believe it. The vaults are empty. The power behind the throne just makes more paper. Its all a conspiracy to defraud the public and blah, blah blah.

        As if it helped anybody trade.

        Maybe its just me but I don’t find any of it even slightly interesting.

    Mar 27, 2016 27:46 AM
      CFS
      Mar 27, 2016 27:57 AM

      While I essentially agree with Mr. Moriarty’s comments, I should point out that Obama did not start the Middle East problem.
      I consider the current resident of the White House as having a much greater problem. He appears to have such a pathological hatred of free enterprise colonial power in general and American dominance in particular that he is doing his utmost to destroy it, regardless of the consequences.
      This blinding hatred allows him to see no difference between Communism and Capitalism. Despite supposedly being a scholar on the US Constitution, he cannot appreciate its magnificence in limiting the power of government and providing freedom for its people. But for the determined corruption and polarization of both political parties in Congress, he himself would have been impeached and removed from office many moons ago.

    Mar 27, 2016 27:52 AM

    What happened to LPG? And I don’t mean liquefied petroleum gas. Hope he is doing better than this LPG.

    http://www.barchart.com/chart.php?sym=LPG&t=BAR&size=M&v=1&g=1&p=D&d=X&qb=1&style=technical&template=

      LPG
      Mar 27, 2016 27:33 PM

      Ebolan,

      Last time I checked on LPG, he was doing well.
      Thanks for checking on him though. 😉

      Hope you are doing well too and had a pleasant Easter WE.

      Best,

      The other LPG

        Mar 27, 2016 27:39 PM

        Liquidity Propelled Gold! 😉

          Mar 27, 2016 27:16 PM

          LPG – Take that and run with it!

    Mar 27, 2016 27:58 AM

    Anyone have any thoughts on the base metal miners – copper, iron, coal? Are they about to head back down along with oil? New lows? Or was the bottom in earlier this year?

      Mar 27, 2016 27:33 PM

      Bob UK, Still loving NSU and my 7% dividend and $400MM in the bank.

        Mar 27, 2016 27:15 PM

        Nevsun is a well run company Marty. I also posted the corporate presentation on Sierra Metals up above in this blog as a producer of Silver, Gold, Copper, Lead, Zinc.

        I just did a Rick Rule binge watch from YouTube on Friday night and was reminded in one of his presentations just how world class the assets of Ivanhoe Mines are for the PGMs, Copper, and Zinc. I believe that when commodities pull back this will be one of my top Base Metal picks for a longer term time horizon.

        Corporate Presentation Ivanhoe Mines:

        http://s2.q4cdn.com/485819848/files/doc_presentations/2016/SMT-Corp-Pres-March-9-2016.pdf

          Mar 27, 2016 27:25 PM

          Altius Minerals is another company on my radar with the Royalty focus, so they are as close to a Base Metal streamer as one can get, and they have some JV partners & stock ownership that is nice. I haven’t had much feedback on this when posting about it on KER in the past but I’m extremely impressed with their business model.
          ___________________________________________________________________________

          Altius Minerals is a diversified mining royalty company with royalty interests in 13 producing mines located in Canada. Altius is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties.

          OUR ASSETS

          Altius holds royalty interests in 13 producing assets that include a 4% NSR royalty on Hudbay’s 777 copper-zinc mine in Manitoba, 6 potash mines and 5 coal mines located in western Canada,and a royalty on the Voisey’s Bay nickel-copper-cobalt mine in Labrador. Collectively these royalties generate approximately $37-42 million in revenue per year.

          __________________________________________________________________________

          ** Here’s a table of all the different royalty deals Altius has with commodity companies.

          PROJECT OPERATOR Last 12 Month ($ millions) COMMODITY MINE LIFE

          Voisey’s Bay VALE 2.5 Ni-Cu-Co 21 years
          777 Hudbay 11.1 Cu-Zn-Au/Ag 8 years
          Genesee Sherritt/Capital Power 7.03 Coal/Electricity 43 years
          Paintearth Sherritt/ATCO 2.31 Coal/Electricity 11 years
          Sheerness Sherritt/ATCO 6.67 Coal/Electricity 24 years
          Highvale Sherritt/TransAlta Nil* Coal/Electricity 19 years
          Cheviot Teck 1.88 Steelmaking Coal 16 years
          Rocanville Potash Corp 2.52 Potash 75 years
          Cory Potash corp 0.94 Potash 75 years
          Allan Potash Corp 0.57 Potash 83 years
          Patience Lake Potash Corp 0.34 Potash 49 years
          Esterhazy Mosaic 1.27 Potash 73 years
          Vanscoy Agrium 0.1 Potash 61 years
          CDP various 2.1 Potash 50+ years
          others various 0.2 Potash 73 years

          39.3 million Total
          _________________________________________________________________________

          Corporate Presentation Altius Minerals:

          http://altiusminerals.com/uploads/TD-2016.pdf

            Mar 27, 2016 27:36 PM

            There is another Commodity royalty company called Morien Resources with coal and granite royalties that is looking to expand, but they are a very small company at this point. I just wandered if Altius Minerals may buy them out at one point.

            Mar 27, 2016 27:37 PM

            I also thought that the Base Metal company Reservoir Minerals that Adrian Day mentioned seemed like something interesting to keep tabs on.

            Mar 27, 2016 27:56 PM

            Here is the Corporate Presentation for Millrock Resources doing the same prospect generator model of JV exploring their assets, and then splitting off royalty streams:

            http://www.millrockresources.com/investors/corporate-presentation/

            Mar 27, 2016 27:57 PM

            Here is the Corporate Presentation for Transition Metals doing the same thing:

            http://www.transitionmetalscorp.com/images/stories/Investors/Presentations/presentation.pdf

            Mar 27, 2016 27:57 PM

            Here is the Corporate Presentation for Eurasian Minerals (like the others, they have royalties, stock placement in other companies, and JV exploration agreements).

            http://www.eurasianminerals.com/i/pdf/presentation.pdf

            Mar 27, 2016 27:02 PM

            PolyMet Minings NorthMet Project is part of northeastern Minnesotas Duluth Complex, one of the worlds largest known undeveloped deposits of copper, nickel, Platinum, Palladium, and Gold. The project would be the first in Minnesota to commercially extract metals from the Duluth Complex.

            http://www.polymetmining.com/northmet-project/overview/

            Mar 27, 2016 27:05 PM

            Polymet reminds me of a company I previously held (Duluth Minerals) that was taken out by Antofagasta.

            In my opinion Antofagasta is one of the best run larger commodity companies out there with much better financials that Teck, Vale, Hudbay, BHP, Anglo American, or Glencore.

            Other larger commodity companies that don’t get as much recognition but have their acts together to some degree are Mitsui, Kaz Minerals, Metals X, OZ minerals, Turquoise Hill, and Vedanta.

      Mar 27, 2016 27:10 PM

      Bob UK – Here is my entire Base Metals & COMMODITY Conglomerates Watch List:
      (Warning: They are listed with the US tickers, so you may have to do some homework)

      Enjoy!!!

      Company Name Symbol

      ADITYA BIRLA MINERALS LTD ABWAF
      ALTIUS MINERALS CORPORATION ATUSF
      AMERICAN CUMO MINING CORP MLYCF
      AMERIGO RESRCS LTD ARREF
      ANGLO AMERICAN PLC NGLOY
      ANTOFAGASTA HOLDINGS PLC ANFGY
      AQM COPPER INC APQUF
      ATICO MINING CORP ATCMF
      AVRUPA MINERALS LTD AVPMF
      BAJA MINING CORPORATION BAJFF
      BALMORAL RESOURCES LTD BALMF
      BHP BILLITON LTD BHP
      BLOOMBERG ZINC SUBINDEX BCOMZS
      BRIXTON METALS CORP BXTMF
      CADENTE COPPER CORPORATION CCOXF
      CALIBRE MINING CORPORATION CXBMF
      CANADA ZINC METALS CORP CZXMF
      CAPSTONE MINING CORPORATION CSFFF
      COMPANHIA VALE DO RIO DOCE VALE
      COOPER LAKE RESOURCES LTD WTCZF
      COPPER FOX METALS INC CPFXF
      COPPER MTN MNG CORPORATION CPPMF
      COPPER NORTH MINING CORP CPNVF
      CORNERSTONE CAPITAL RESOURCES INC CTNXF
      CORNERSTONE METALS INC APPPF
      CUDECO LTD CUDEF
      EXCELSIOR MINING CORP EXMGF
      EXXARO RESOURCES LTD EXXAF
      EXXARO RESOURCES LTD EXXAY
      FIRST QUANTUM MINERALS LTD FQVLF
      FORTESCUE METAL GROUP LTD FSUMF
      FORTUNE MINERALS LTD FTMDF
      FREEPORT-MCMORAN INC FCX
      GLENCORE XSTRATA PLC (ST HELIER) GLCNF
      GLOBAL X COPPER MINERS COPX
      GRUPO MEXICO S.A. DE C.V. GMBXF
      HIGHLAND COPPER CO INC HDRSF
      HUDBAY MINERALS INC HBM
      IMPERIAL METALS CORP IPMLF
      INTREPID MINES LTD IAUFF
      IPATH DJ-UBS COPPER SUB TR ETN JJC
      IPATH DJ-UBS NICKEL SUB TOTAL RETURN ETN JJN
      IVANHOE MINES LTD IVPAF
      JIANGXI COPPER COMPANY LTD JIAXF
      JIANGXI COPPER COMPANY LTD JIXAY
      JIANGXI COPPER COMPANY LTD JIXAY
      KAZ MINERALS PLC KZMYY
      KAZAKHMYS LTD KZMYF
      KGHM POLSKA MIEDZ S.A. KGHPF
      KOMBAT COPPER INC PNTZF
      LUNDIN MINING CORORATION LUNMF
      LUNDIN MINING CORPORATION LUNCF
      MARKET VECTORS STEEL INDEX FUND SLX
      MARKET VECTORS STEEL INDEX FUND SLX
      MERCATOR MINERALS LTD MLKKF
      METALS X LTD MLXEF
      MILLROCK RES INC MLRKF
      MINERA ALAMOS INC VGMTF
      MITSUI & COMPANY LTD MITSY
      MMC NORILSK NICKEL PJSC NILSY
      MORIEN RESOURCES COPR APMCF
      NEVADA COPPER CORPORATION CDA NEVDF
      NEVSUN RESOURCES LTD NSU
      NGEX RESOURCES INC NGQRF
      NORTHERN DYNASTY MINERALS LTD NAK
      NOVACOPPER INC NCQ
      ODIN MINING & EXPLORATION LTD ODMEF
      OZ MINERALS LTD OZMLF
      PANORAMIC RESOURCES LTD PANRF
      POLYMET MINING CORPORATION PLM
      POSCO PKX
      POSCO PKX
      QUATERRA RESOURCES INC QTRRF
      REGULUS RESOURSOURCES INC RGLSF
      RESERVOIR MINERALS INC RVRLF
      RIO TINTO PLC RIO
      SANDFIRE RESOURCES NL SFRRF
      SERENGETI RESOURCES INC SGRNF
      SHERRITT INTERNATIONAL CORPORATION SHERF
      SOUTHERN COPPER CORPORATION SCCO
      SPDR S&P METALS & MINING TRUST XME
      TALISMAN MINING LTD TLSMF
      TASEKO MINES LTD TGB
      TECK RESOURCES LTD TCK
      THOMPSON CREEK METALS COMPANY INC TCPTF
      TINTINA RESOURCES INC TINTF
      TURQUOISE HILL RESOURCES LTD TRQ
      UNITED STATES COPPER INDEX FUND CPER
      VEDANTA LTD VEDL
      VEDANTA RESOURCES PLC VDNRF
      VVC EXPLORATION CORPORATION VVCVF
      WESTERN COPPER & GOLD CORPORATION WRN
      ZAZU METALS CORPORATION ZAZUF
      ZIJIN MINING GROUP COMPANY LTD ZIJMF

        Mar 27, 2016 27:14 PM

        Please let me know if anyone has any other good base metal, polymetallic, or commodity conglomerate companies to add to this list.

          Mar 28, 2016 28:21 AM

          Ex, you are so generous with your efforts. In the last 10 days I have sold most(60%) individual PM positions, all in self directed Roth IRA’s with a 55% gain this year and transitioned out of most of that portion to Sprotts SGDM for volatility sake, easy in, easy out.

            Mar 28, 2016 28:51 AM

            Thanks Marty. Yes, I’m personally down to a 25% allocation to the PM miners based on my planned PM allocation, and only a 10% stake in base metals.

            You probably have the right idea with using the ETF for liquidity and playing the macro move without all the individual moving parts. Once there is more clarity on if we are going to see Gold pull back into the Spring/Summer, then you can roll that right back out into the individual stocks again.

            Good luck in your investing this week!

          Mar 28, 2016 28:09 AM

          25 issues make up the SGDM, all superlative picks, except the last.

            Mar 28, 2016 28:43 PM

            Just out of curiosity which one didn’t you like MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUND PRIME PORTFOLIO MPFXX 0.03%, or was that a joke about the “cash holding?”

            27 total, as of 03/24/2016, subject to change

            Security Symbol Weight

            FRANCO-NEVADA CORP. FNV 15.35%
            GOLDCORP INC. GG 14.10%
            AGNICO EAGLE MINES LTD. AEM 13.69%
            BARRICK GOLD CORP. ABX 4.59%
            ROYAL GOLD INC. RGLD 4.56%
            RANDGOLD RESOURCES LTD. ADR GOLD 4.18%
            YAMANA GOLD INC. AUY 4.10%
            NEWMONT MINING CORP. NEM 4.05%
            ELDORADO GOLD CORP. EGO 3.41%
            ANGLOGOLD ASHANTI LTD. SPONSORED ADR AU 3.33%
            B2GOLD CORP. BTG 3.11%
            NEW GOLD INC. NGD 2.78%
            HARMONY GOLD MINING CO. LTD. SPONSORED ADR HMY 2.76%
            SIBANYE GOLD LTD. SPONSORED ADR SBGL 2.64%
            KINROSS GOLD CORP. KGC 2.47%
            GOLD FIELDS LTD. SPONSORED ADR GFI 2.01%
            SEABRIDGE GOLD INC. SA 1.91%
            SILVER WHEATON CORP. SLW 1.89%
            NOVAGOLD RESOURCES INC. NG 1.71%
            IAMGOLD CORP. IAG 1.59%
            PRETIUM RESOURCES INC. PVG 1.48%
            FIRST MAJESTIC SILVER CORP. AG 1.33%
            COEUR MINING INC. CDE 1.00%
            FORTUNA SILVER MINES INC. FSM 0.96%
            SILVER STANDARD RESOURCES INC. SSRI 0.81%
            CASH AND EQUIVALENTS 0.16%
            MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUND PRIME PORTFOLIO MPFXX 0.03%

            Mar 28, 2016 28:50 PM

            Personally, I like the overall holdings in SGDJ much better, but don’t agree with the low weighting in some stocks and the very high weighting in others. Also there are some larger Gold and Silver producers in this list that are not really “Jr” miners, but still overall it is a nice list of companies.

            37 total, as of 03/24/2016, subject to change

            Security Symbol Weight

            SIBANYE GOLD LTD. SPONSORED ADR SBGL 12.56%
            DETOUR GOLD CORP. DGC 8.65%
            TAHOE RESOURCES INC. THO 7.00%
            YAMANA GOLD INC. AUY 6.76%
            OCEANAGOLD CORP. OGC 5.97%
            B2GOLD CORP. BTO 4.60%
            NEW GOLD INC. NGD 4.47%
            PAN AMERICAN SILVER CORP. PAAS 3.97%
            CENTERRA GOLD INC. CG 3.92%
            GOLD FIELDS LTD. SPONSORED ADR GFI 3.49%
            ALAMOS GOLD INC. CLASS A AGI 3.33%
            SEMAFO INC. SMF 3.31%
            OSISKO GOLD ROYALTIES LTD. OR 2.83%
            CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD. CGG 2.49%
            FIRST MAJESTIC SILVER CORP. AG 2.47%
            HECLA MINING CO. HL 2.42%
            CIA DE MINAS BUENAVENTURA SAA ADR BVN 2.14%
            NOVAGOLD RESOURCES INC. NG 2.00%
            KIRKLAND LAKE GOLD INC. KGI 1.99%
            LAKE SHORE GOLD CORP. LSG 1.77%
            ALACER GOLD CORP. ASR 1.30%
            TOREX GOLD RESOURCES INC. TXG 1.20%
            FORTUNA SILVER MINES INC. FSM 1.19%
            SILVER STANDARD RESOURCES INC. SSRI 1.07%
            IAMGOLD CORP. IAG 1.03%
            SANDSTORM GOLD LTD. SAND 1.03%
            KLONDEX MINES LTD. KDX 0.98%
            PRETIUM RESOURCES INC. PVG 0.92%
            COEUR MINING INC. CDE 0.89%
            MAG SILVER CORP. MAG 0.78%
            PRIMERO MINING CORP. PPP 0.73%
            GUYANA GOLDFIELDS INC. GUY 0.72%
            SEABRIDGE GOLD INC. SA 0.71%
            ASANKO GOLD INC. AKG 0.54%
            PREMIER GOLD MINES LTD. PG 0.50%
            CASH AND EQUIVALENTS 0.26%
            MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUND PRIME PORTFOLIO MPFXX 0.01%

            Mar 28, 2016 28:38 PM

            You’re the Best! How about Favor for the rest of the Year to You!

    Mar 27, 2016 27:59 AM

    Anyone have any idea what this Clive Maund article is about?

    ‘COMMODITY & STOCKMARKET COT ASSESSMENT – dramatic developments…’

    http://clivemaund.com/

      Mar 28, 2016 28:42 PM

      I haven’t seen an update to his Mar 22 report on 321 gold

    CFS
    Mar 27, 2016 27:41 PM
      Mar 27, 2016 27:13 PM

      Great article and audio interview. Thanks for posting it CFS.

      This passage jumped out at me:

      “The good that uranium can do for our world is to make our air much cleaner by “firing a shot” at both coal and oil. If we use less coal and oil our air will greatly improve. I am not a tree-hugger nor do I believe in “global warming/climate change”. I also report regularly on what has occurred in Fukushima, Japan. I understand the implications of nuclear power and how it can impact our world.”

      “I also learned, from Marin, that the United Arab Emirates has three brand new nuclear power plants coming online. Why would an OPEC member nation ever consider nuclear power, even on a small scale, unless there was a specific need, specific goal or something is going on with oil as energy? They already have all the energy they will need for a very long time to come – or do they? It is question that begs to be ask.”

        Mar 27, 2016 27:51 PM

        Many thanks for that link CFS, much appreciated !
        I really enjoyed listening to the audio.
        Cheers.

        Mar 27, 2016 27:08 PM

        I would prefer free energy to replace most other forms of electrical energy production, including coal, solar, wind, water, nuclear, etc. With a few chemical batteries or even muscle power devices free energy over-unity generators can replace all other generators on the planet. C’mon, people, we’re still boiling water in the 21st Century to make our electricity?

          Mar 27, 2016 27:54 PM

          A valid point jhpace1. There are a number of scientist that proposed and patented free energy devices, but then they were muffled for national security.

          There was a great video out called “Clash of the Geniuses” a while back that covered some of the ideas around free energy. Of course, it is a more fringe source, but I’m posting it anyway because it is an interesting thought experiment into other ways to generate energy:
          _________________________________________________________________________

          Free Energy, German Anti-Gravity, Wireless Power Transmission, Cold Fusion and Rejuvenation Technology. In the 20th century, while Marconi, Henry Ford, Thomas Edison and George Westinghouse managed to capture most of the attention, others, with technological prowess bordering on the miraculous, have gone unnoticed. Men like Tesla, Moray, Riech, Russell, and Schauberger, largely rejected ridiculed and despised by the scientific establishment of their day, labored in nearly complete obscurity, achieving almost incomprehensible miracle like free energy, anti-gravity, transmutation of elements, physical rejuvenation technologies and more.

          Produced by Atlantis Rising Magazine. Preceding every great advance in history, the geniuses of both the light and the dark have battled for the hearts and minds of the people. Despite the resistance of those committed to maintaining their own entrenched economic and political advantage, the seemingly outrageous impossibilities of one generation become the revolutionary breakthroughs of the next.

          Now, only a few decades later, a new breed of inventors, scientists and researchers is making rapid, if yet publicized, strides toward unraveling the astonishing secrets of the unsung giants who came before them. Many of these new technological magicians find themselves on the threshold of breakthroughs still believed by many to be the stuff of hallucination. Join Douglas Kenyon, for a real look at incredible working technologies (some shown here for the very first time) that hold the promise of a far healthier, wealthier and happier world.

          https://www.youtube.com/watch?v=P8DKLJPLHqk

          Mar 27, 2016 27:57 PM

          Here’s one I saw on the Umbuntu Party website:

          If we can do this on a small scale – we can do it on a larger scale and run our homes on a few larger versions of this tiny energy device.

          http://www.youtube.com/watch?v=xR6Qait2JGY

          Mar 27, 2016 27:58 PM

          Keshe Plasma Generator: A Real “Free Energy” Device?
          PL Chang | Last updated on October 21st, 2015 | Published on January 22, 2015

          http://energyfanatics.com/2015/01/22/keshe-plasma-generator-real-free-energy-device/

            Mar 28, 2016 28:16 AM

            I LIKE FREE………… “)

            Mar 28, 2016 28:56 AM

            Whether big business will allow this kind of technology to be implemented, or whether it will ever be offered for FREE is another story. But the ideas and the technology exists.

          Mar 27, 2016 27:07 PM

          As a final thought for the night on the subject, I really like the idea of Free Energy, but think it has been stalled and foregone in the name of industry, profits, crony political alliances, and an overall lack of funding or awareness.

          Nicola Tesla wanted to make wireless power free by using magnetic and pulling electricity out of the atmosphere, and look at how Edison and the established powers of the day silenced him on the subject. Many people are still coming to understand some of Tesla’s ideas and they were far beyond what many realize on the subject of Free Energy.

          I’m very interested in the continued quest, but see so much red tape, that in the mean time I’m investing in the sources available because Energy is a need in the modern world, not a want. Something must supply it, and for now companies that offer the fuels needed to generate electricity and the means to store it, utilizing the existing infrastructure, will do well for the foreseeable future.

    Mar 27, 2016 27:51 PM

    Bob UK
    I don’t have access to this article, but I have a general opinion about his site and content:

    I think Clive is really just short-term BEAR-ish on gold, while Nigel is BULL-ish on PM miners to buy. I think when we finally get this decline in the gold price to below 1190, Clive will declare himself a genius, then quickly switch back to being a gold BULL.

    It’s important to distinguish the behaviour of gold (the metal) from the the PM stocks, in my opinion.

      Mar 27, 2016 27:11 PM

      That’s a tad convenient isn’t it – one bearish, the other bullish?

      Thanks Brian.

      Mar 27, 2016 27:08 PM

      I tend to agree that Clive is only short-term bearish, but longer term is quite bullish on the metal. Also it is important to distinguish between the metal and the stocks, because while they obviously track to some degree up and down, the stocks have been sold off way harder than the metal in the past, and recently have been more resilient than the metals.

        Mar 28, 2016 28:20 AM

        Thanks.

        I was just wondering whether he is now bullish re the conventional stocks.

    CFS
    Mar 27, 2016 27:18 PM

    Someone asked for Chen Lin to be on the show.
    I believe he follows two biopharmaceutical stocks closely: Serapta and Sorrento;
    http://www.thelifesciencesreport.com/pub/na/how-to-trade-sarepta-therapeutics-ahead-of-adcom-chen-lin

    Mar 27, 2016 27:23 PM

    Nutcase Gartman changes his mind again:
    In terms of U.S. crude, Gartman sees the near-term high-range spot at $42 per barrel. At this range, he feels that consumers will be happy as gas would remain at $2 per gallon heading into the summer. In the long-term, he feels crude will trade at a maximum price of $47. “Those are reasonably good profitable levels” for producer, he noted.
    Not long ago he said oil would not go above 44 in his lifetime. I guess he is planning to die soon.

      Mar 27, 2016 27:07 PM

      Gartman lost credibility with me twenty years ago!

    Mar 28, 2016 28:39 AM

    Dear God in heaven – over 70 Pakistani Chrisitians wiped off the face of the earth in Lahore. Many of the victims were children playing in or around swings: God have mercy.

      b
      Mar 28, 2016 28:41 AM

      Ya think media will make the Pakistan bombing out to be as big a deal as the Brussels bombing?
      Media takes very little notice of countless killed in Africa or the middle east.

      As an example, the media took almost no notice of the attempted destruction of the spot John the Baptist baptized Jesus,(ya would think that had significance to christians, but not really in the west) they refused to mention it was Assad that fought to defend it too, as well as eastern christians of course.

      The west must be considering Pakistan as allied, even if they are building the Iranian pipeline to china. Otherwise, they wouldnt bother mentioning casualties, christian or not.

    Mar 28, 2016 28:18 AM

    Check out High impast flix on SGT where David Icke weighs in on the Donald. Whatever your views on Icke he suggests that Trump is no different to Obama, Clinton et al. Please God may he be wrong.

    http://sgtreport.com/page/7/

      Mar 28, 2016 28:21 AM

      Icke is absolutely right. There is no evidence to the contrary, Trump is a big government statist like the rest.

      b
      Mar 28, 2016 28:54 AM

      Rev, the people do not choose their leaders of any importance, havnt since Kennedy, altho PCR thought Reagan did some good. That of course has been erased, tptb could very well have just been biding their time.

      If Trump was going to be any issue he would just be killed, but 8 years is nothing, wont have much effect in the overall scheme of things.

      They only way to counter the evil that is in the west is the Russian/Chinese alliance, but that too could be controlled, could very well be the same bank.

      The people choosing to remain ignorant,being lethargic,plain just not giving a hoot….they choose to be led by this evil, I cant see any solution coming from us.

      Heres another example, I posted the petition to stop the Canadian gov from taking peoples bank accounts, I gave it to everyone I could. NOBODY said they signed it. lol
      Everyone complains, NOBODY cares. lol

      The more I know people, the more I like my dog.

    Mar 28, 2016 28:06 AM

    Overnight………….CrimexGlobal sell off……….Hong Kong buy back……..

    Mar 28, 2016 28:29 AM

    A.Andrew, I have 4 believing sisters, and all 4 have discounted Trump based on his vile personality. What that is saying to me, Trump had lost the woman vote, across the board, and has no change other than total abdication of Hillary.

    CFS
    Mar 28, 2016 28:49 AM

    The only one who might be different is Cruz, and he has been destroyed by the liberal media.
    How do you feel to have the media choose who you get to vote for?
    (Then, of course, it is questionable as to how your vote is counted, anyway, with machine tampering.)
    Especially with illegals, legally, allowed to vote.

      Mar 28, 2016 28:11 AM

      In the US they have a 2 party dictatorship. Pick your poison neither party will change a thing. People think they have a choice and that their vote matters but it doesnt. Obama the noble peace prize winner has bombed 7 predominately muslim countries in the last 8 years. You can expect some kind of back lash. The propaganda against muslims in the west is fierce. extreme brainwashing going on. Turn off your tv and computer. no muslim problem. people are so worried about things that most likely will never effect them.

        Mar 28, 2016 28:21 AM

        YOU could call him O BOMB A

        Mar 28, 2016 28:47 AM

        Papa Bush still has his finger on the war machine and his cronies in the West

    Mar 28, 2016 28:16 AM

    CFS, the fact Cruz’s wife is in any way tied with Goldman, the CFR and a loan from Goldman discredits his entire persona.

    Mar 28, 2016 28:18 AM

    If it goes to a brokered convention, I’d redeploy Scott Walker as my choice.

      Mar 28, 2016 28:47 AM

      They all should go…….anyone in the system, is part of the system………

    Mar 28, 2016 28:20 AM

    If we do get to an election at all in Nov., it may be the last of one or both parties as they currently are. Revolution is standing at the door.