Concern about the markets and divisiveness in the US

March 9, 2013

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In this show Al discusses:

  • Segment 1 – Rick Ackerman and Al discuss the overall markets.
  • Segment 2 – Cory Fleck and Gary Cope of Orex and Orko chat about how blaming the general market for depressed share prices is not acceptable any more and what companies should be doing to keep an interest in the story.
  • Segment 3 – Al and Jeff Deist express their concern about the extreme divisiveness in the US.
  • Segment 4 – Al and Jeff Deist discuss what Americans can do to solve their problems.
  • Segment 5 – Peter Grandich and Al discuss the confused markets.
  • Segment 6 – Peter Grandich and Al focus on the conventional stock markets.
  • Segment 7 – Resource stock specialist Kevin Hudak quizzes Linda Thorstad about her company, Orsa Ventures.
  • Segment 8 – Al closes the show with insights from Rick Rule.

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show



    […] Listen to the show HERE! […]

    Mar 09, 2013 09:44 AM

    SEG 1….IT CAN NOT BE OVER YET……the FAT LADY has not SUNG,so don’t get hung,…..,hang in there gang……for the big bang…..then she can sing… ,,,,ring the bell for the second round…..remember,the paper hanger is still hanging paper….

      Mar 09, 2013 09:48 AM

      Orex Insider confidence:
      As of 11:59pm ET March 8th, 2013
      Date Transaction
      Date Insider Name Ownership
      Type Securities Nature of transaction # or value acquired or disposed of Price
      Mar 8/13 Mar 8/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 3,000 $0.470
      Mar 7/13 Mar 7/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 9,000 $0.450
      Feb 28/13 Feb 28/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 5,000 $0.450
      Feb 28/13 Feb 27/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 34,500 $0.480
      Feb 28/13 Feb 27/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 6,000 $0.470
      Feb 28/13 Feb 27/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 8,000 $0.465
      Feb 25/13 Feb 25/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 7,000 $0.500
      Feb 25/13 Feb 25/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 5,500 $0.490
      Feb 25/13 Feb 22/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 1,000 $0.500
      Feb 25/13 Feb 22/13 Cope, Gary Gordon Indirect Ownership Common Shares 10 – Acquisition in the public market 2,000 $0.495

    Mar 09, 2013 09:51 AM

    SEG.3….GAY MARRIAGE……ABORTION… that a oxey moron…..or a bunch of morons acting badly……

      Mar 09, 2013 09:10 AM

      seg.4…….JEFF…..It is not the “local level “that is the problem…….BIG GOVT,is the problem…..not local……local govt. can not print money, only , receive what is doled out…at the control of the BIG BROTHER……

      OIL….has been the problem since, 1971….we have not solved this problem, and every President ,since, then has been elected by BIG OIL, and BIG BANKS……this is not new news…..just, the sheeple who have been asleep at the switch…..
      I SAY THE TEA PARTY….SHOULD CONTINUE with the awareness….

        Mar 09, 2013 09:01 AM

        Why was Posse Commitatus repealed UNLESS there is INTENT TO USE military on US soil?
        Why is the DHS buying 2300 Armored vehicles?
        Why do they need 1.6 BILLION rounds of Ammo?

        Some of us remember Waco and Ruby Ridge, and no matter how stupid and wrong people like David Koresh might be, they don’t deserve to be killed, either by mistake or deliberately by military force.

          Mar 09, 2013 09:56 AM

          Posse Commitatus:

          It was Bush and his R House and Senate who took a meat clever to the Posse Commitatus Act. Obama and company then minced it.

          In addition to Ruby Ridge and WACO, there was the police brutality at the Chicago Democratic Convention during the undeclared Vietnam “war” plus the massacre of college students at Kent State. Indeed, power corrupts and words (such as terrorist or enemy of the state) mean whatever serves the state–and are subject to change by the whims of the power elite. We are witnessing a never-ending drift into Totalitarianism by the Machiavellians from both the left and the right, who ignore debates of Constitutional/unconstitutional acts of the state.

          By extension, I doubt Ronald Reagan’s “a shining city on a hill” would drop cruise missiles on wedding parties or the relatives of those we define as enemies. This makes us no better than those we are fighting. Instead of elevating the world, we are sinking to its lowest common denominator. When you have to ‘destroy the village to save’, it’s time to examine who we are and what we really stand for.

          Sen. McCain is proof positive for an age limit beyond which you cannot serve as a US Senator. At least McCain wasn’t shuffling and drooling like former Sen. Byrd (D). I am amazed McCain (R) followed Sen. Rand onto the Senate floor in an obvious display of dementia. Only an old man is his dotage would oppose an attempt for the US Senate to retrieve its Constitutional role in government.

          Thank you Rand Paul—I watched it all on CSPAN. Shame on those Republican who were wining and dining on the taxpayer’s dime with Obama instead of helping Rand Paul restore the Senate to its proper place in gov’t. Funny that the gov’t had to shut down because of weather, but the Pres and a select few R-senators were able to make it across town to a 5* restaurant. YOu gotta love um for that.

            Mar 09, 2013 09:34 AM


            Mar 09, 2013 09:51 AM

            Citizens United blew out the Constitution.

            Feb 04, 2014 04:34 AM

            Furrealz? That’s masluvoerly good to know.

      Mar 09, 2013 09:19 AM

      GAY MARRIAGE: The real issue in my mind about gay marriage is the fact that gay government workers, local, state and federal want their “life partners” health care covered by the taxpayers exactly like the spouses in heterosexual marriages (traditional marriage). Gay health issues problems over and above the health care of traditional families tends to be very chronic and very expensive—STDs: Aides, for example. So I don’t judge the morality of it, I simply object to having to subsidize the life style of gay government workers.

      Again, the real but hidden agenda of the gay movement is taxpayer subsidies for gay government workers. Beyond that, they can live together and make everything joint tenant right of survivorship. Their life insurance policies name their beneficiaries and so on. All in all, the gay movement is simple a money grab chasing for taxpayer subsidies, and the religious right are fighting a losing battle because they are fighting on the wrong front for the wrong reason..

    Mar 09, 2013 09:04 AM

    I really don’t agree with your view that things like gay marriage, and abortion, don’t really matter. I understand that these things don’t affect the markets directly, but they are indicators of where this country is going. The moral fabric is truly being shredded to pieces. You cant tell me that 55 million lives lost over the past 40 years to abortion does not matter (That is a lot of taxpayers to chop up into little pieces). It is this type of decay in our society and in the general markets that keeps me purchasing physical metal. We are all heading down a very slippery slope and if you don’t have the appropriate anchors in place (God, Family, Guns, and Gold) you are in trouble.

      Mar 09, 2013 09:14 AM


      Mar 09, 2013 09:20 AM

      If you want to talk about morality don’t forget what The US military has done over the last 60 years, it is something that most Americans don’t want to discuss and like to carpet sweep. DT

        Mar 09, 2013 09:19 AM


          Mar 09, 2013 09:27 AM

          A re-post of a previous comment of mine….. directly on point with Bob’s more concise accurate comment, to wit:

          On May 26, 2012 at 8:29 am,
          Dennis M. O’Neil says:

          Dan Pisenti – made an extremely important point on his way to a larger point.
          He said verbatim: “…….Social issues…….which matter by the way!….If we handle social issues one way that is going to affect the way we handle certain economic issues.”

          This is an immense point. Too often when talking politics even with fellow conservatives/libertarians the social issues are dismissed and/or de-emphasized.
          However, as Dan said in another context …. “This is so wrong headed!”

          In America for collectivism to flourish the soft foundation of Marxism needed to be tented upon the rubble of Capitalism. The ultimate collectivist goal of Marxism was foreign to post revolution United States. It could not take seed. Before it could ……small baby collectivist steps were needed to deteriorate the social fabric of the American character.
          The American character was required to be worn down and torn apart. Only then could the idea of true collectivism take hold. For decades the American Spirit repelled and rejected the ideas that were trumpeted in Europe. Ellis Island brought more to our country then huddle masses. The Island ferry brought ideas. Some of those minds brought wrong ideas which they maintained and advocated. Ironically the oppression which these wrong minds fled was brought about by the misplaced ideas they maintained. These ideas were openly advocated here. The American character was bombarded by these ideas. They were popularized by the old money supposed well reads who could just sit around all day and opine. However, the strong national character rejected these tragically flawed ideas out of hand. A strong work ethic, extended families, religious conviction, and sound education were armor to these dubious ideas of a collective Utopia.
          Socialist on their soap boxes would be dismissed. “If it sounds too good to be true……then it is too good to be true!” “You can’t get something for nothing!” “Money does not grow on trees!” Americans knew better. Why return back to feudalism? Then Americans would rather be an at risk struggling farmer as opposed to a secure serf.
          The American character needed to be assaulted.
          And so it was. It was attacked socially…. families….churches…schools were ground zero.
          Like a plow head penetrates and disrupts the ground the collectivist needed to find fertile soil. As the late Sen. Patrick Moynihan said “We are defining deviancy down”. After a span of time what once was a well-tended garden becomes a briar patch.
          The once sound American foundation was laid siege upon.
          The family was compromised from all directions.
          Religion was brutally assaulted by science (which by definition cannot address faith).
          The work ethic was replaced with entitlements.
          Schools became platforms of indoctrination.
          After decades of continued siege the walls were crumbling.
          Out of wedlock births became the norm.
          Divorce was a flip of the coin.
          You could have sex with anything you wanted just as long as it was breathing. You could do whatever you wanted except you certainly could not smoke afterward.
          Church pews were empty.
          Farmers were paid not to grow crops.
          People were paid not to work.
          Diplomas were delivered to those who could not read what they said.
          Obama did not transform anything…he is just trying to build something new on the rubble.
          It is contrary to my own libertarian thought to address some of the above….but not thinking about it does not change it.
          I believe an individual should make choices but they should do so in full realization of the impact the choice has on their person and the society in which they live.
          Thoughtful and fully informed decisions should not have delivered us where we find ourselves.
          This is why it is important for the collectivist to control education and mass media.
          There you have it the bull’s eye of the collectivists communist: destroy 1) organized religion 2) the family unit and 3) indoctrinate them instead of educating them. All while the state becomes their nanny.
          All this performed under the agreeing head nods of mass media punditry.
          The result is a well tilled fertile ground seeded with weeds.
          Obama is merely a bit player in Act III.
          It is the time after a lengthy siege in which we see if those being laid siege to have any resolve.
          Time will tell us.
          Make no mistake though… Dan Pisenti said… issues matter! They are the cannon balls impacting out walls.
          De-emphasizing social issues is like abandoning the walls during a siege.
          We need to define the perimeter and defend the walls vigorously.

            Mar 09, 2013 09:29 AM

            DENNIS……iN ORDER TO DEFEND THE WALLs,,,,,,,the defenders, need to be of the same mine set…,defending with unlike minds… a problem,,,and therein lies the problem….UNLIKE MINES……were do like mines start….?…………most do not know the answer,,,but,,,it is quite simple……..No one wants to hear ,,,,and therefore, they have closed ears…..only, inching ears,,,,,,tell, them what they like,…and they can not get enough of it…….ootb

            Mar 09, 2013 09:54 AM

            A group can certainly defend walls while maintaining differing opinions.
            Defending the “Bill of Rights” against a collectivists politically correct army is a start.
            My mind can differ greatly from someone who I will be glad to back-up. It is the thought police who are the ultimate enemy. Coerced charity is more than an oxymoron it is a danger to be defended against. It is not an accident that “Liberty ” is the most common word we see on a coin. To defend liberty means you will stand with someone in many areas you will disagree.

            Mar 09, 2013 09:11 PM

            as usual …..typo….spello…..mine …..mind….i must be out of mine….

            Mar 09, 2013 09:18 PM

            like minds….liking the bill of rights…would be the same…..both need to like what is contained within,in order to defend, and therefore,must have be like mined to begin,with,,,,,

            Mar 09, 2013 09:20 PM

            If spelling counted we would all still be in Kindergarten.

            Mar 09, 2013 09:09 PM

            Dennis, what you appear to be saying is that “character” does matter. In fact, honesty and integrity go hand in hand with character—-I would dare say we wouldn’t be in the mess we are if our representatives represented high values of the voters. I’ve often said that if you have representatives of dubious values how can you expect they’ll make virtuous decisions when the tough choices have to be made—do you really think they care for their constituency if they can’t even care about their own families and show loyalty to the people closest to them. Well, I rarely get on these types of conversations and avoid them so that’ll be it for this year—-I’ll go back to the markets in the future.

            Mar 09, 2013 09:49 PM

            Whatever happened to resigning a position due to ethical considerations?
            I even remember back in time there were phrases like “beyond reproach” and “avoiding even the appearance of impropriety”. Now everyone simply banks the hush money without even a tweak of conscience. And Keynes said the gold standard was an ancient relic. It all cannot help but make me think of Sir Walter Scott;s line “Oh what a tangled web we weave, When first we practice to deceive.”

            Feb 01, 2014 01:24 AM

            anonymous #’s 1 & 2-Eek….yes…very sloppy of me, And I *know* that info peeclftry well, so no idea what I was thinking when I put this post together. Oh well. fixed now. Thanks for the prompt.

            Feb 02, 2014 02:46 AM

            How can I implement this to inldcue the count of items for say 2/3rd level of the control. Example: In your example above if I wanted to show number of items within the Shared Document: area and if there was further folders under that to show the count of items in those?

      Mar 09, 2013 09:16 AM

      Bob, you are assuming that at one time morals existed and they have deteriorated from that point.
      Without getting to in depth, can you tell me at what time these morals existed?
      I bet at whatever time period I can should they didnt.
      I dont believe society has degenerated.
      As for gay, a percentage of society has been gay from the begining of time, and abortion has happened since it was figured out how.

        Mar 09, 2013 09:20 AM

        Something can exist for a long time and still be injurious.
        It is one thing for an activity to exist…. it is quite another for a community to condone the activity. The male gay population that has become infected by and/or died from Acquired Immune Deficiency Syndrome in no way benefitted from societal acceptance of the gay life style. Accepting a supposed inherent trait defined by a sexual preference did not increase the life expectancy of the population. A parent realizes what they accept becomes more prevalent. A society that promotes and accepts an activity will live with the ramifications of the activity (no pun intended).
        Your point is not one. It would be like “Smokey the Bear” is now has to be pro-forest fires because they have existed throughout history.!

          Mar 09, 2013 09:02 AM

          I had to look up injurious. hurtful,wrongful? Didnt understand until I realised you were talking about gay.
          I thought that morals were the issue, didnt even consider gay.

          I dont know when american society was ever moral,genocide,slavery,pedophelia from religous institutions, it goes on and on. I am not saying that individuals are rotten.
          I am certain there were nice people that owned slaves, jefferson maybe.little sacasm. couldnt help myself.
          I actualy think the error is christian principles, now that will get peoples attention, but thats what I think, and the country was built on those principles. I do think there is a creater or universal conciousness, somthing… so you could call me a believer but not in religous jargon.
          As for gay the only people that have any interest is those that are and religous people. Gay will never change its part of nature, if people see it as evil thats up to them, but there is less pedophelia with gay and lesbians than there is with hetrosexuals or religous people. no I am not gay, but I do believe in liberty.

            Mar 09, 2013 09:30 PM

            Please realize that there is a distinction between personal beliefs and a society as a whole condoning and/or sanctioning a behavior. Nothing I say or do on an individual level will make slavery sanctioned on not sanctioned.
            And Benb do not be so quick to believe The Civil War of Civil Rights Laws ended slavery…at best we exported slavery. What is the difference between
            1) A southern slave owner sipping tea on his porch looking out at the slaves in his fields ,and:
            2) the owner of a tech stock today who checks his stock price daily ignoring the reports workers in the company are committing suicide on an epidemic level.
            Anyone who lives within a border that taxes the labor of its occupants is a slave to the extent they are so taxed. The level of the tax defines just how much a slave you are. Natural law exists with or without liberty. I am probably in the minority in the libertarian community but I am pro- life. The way I look at it if you do not have a right to your first breath then you do not have a right to any breaths at all. There are difficult lines to be drawn on an individual level.
            Unfortunately, being a libertarian is not so simple when your labor is taxed and the taxes pay for benefits which are then distributed to others. I am all for freedom of travel, but when someone who travels to your community and with legal sanction can cause you to pay for his sustenance there becomes a problem.
            It is difficult if a government worker can call his dog his spouse so that the vet bills are paid. Unfortunately when government is so engaged lines and definitions inconsistent with the purist of libertarian thought must be considered or private enterprise shackles itself. In a Rothbardian world I would agree to each his own….have fun. Such a world today is almost as removed from the realm of possibility as is a collectivist utopia.

            Mar 09, 2013 09:12 PM

            BTW- I used the word injurious intending its most common use that is”

            injurious: to cause harm

            ie Forest fires cause harm and this is why Smokey the Bear attempts to prevent forest fires.

            Mar 09, 2013 09:04 PM

            ok benb……”error is christian principal”……no,,,that is not correct….to err is human,,,and although christians have all sinned and christians are human…. but, to error on purpose,or just because you can is not correct…..Christians are to be Christ like,,,and , Christ did not error….he was perfect….therefore,,erroring is human and not Christ like,,,,so, therefore ,,,,”to error is christian pricipal”,,,is not correct… are not correct in your assumption….sorry,,,,,

            Mar 09, 2013 09:19 PM

            benb… principal of this gay thing….is christians are to love everyone….but, that does not mean that christians are to love their sins…IF a person is gay,and wants to continue in their sin,,,,well, they will have to take that up with the FATHER….OR GOD……but, if a gays wants to be a christian they……should not want to sin….and being gay is a sin….it goes against creation….ONE MAN ONE WOMAN….ADAM AND EVE…AND IF THEY ARE THE SAME SEX,,,HOW, do you get babies….and keep creating humans…..that is the principal…and if that was not a fact ,,,you would not be here today….think about it…. you can be happy or gay….but, you should be happy you have a mom and a dad…..respectfully…….ootb….lol…….

          Mar 09, 2013 09:50 PM

          Denis/Jerry, I probly dont take this as serious as you guys do. If I say somthing you should object to please forgive me, I mean no disrespect.
          Denis, I understand there is a diferance between personal belief and society as a whole.
          Jerry, 1 issue I have with the christian thinking is the “proof” always comes from their books. This reminds me of a magazine I owned, it was considered collectable to some people, people decided its value as well as back issue value because thats what I printed in the magazine. see? if I said it was worth $20 thats what they paid etc, because I printed it, it had that value, and my retail outlet sold them for what I printed. see? The argument that somthing is right or wrong because it is printed in the book is the same thing I did with the price of my mag.
          Doesnt make it right,but it does make it what people believe. Ever see packs of cards sell for $4? How many $20 cards are in them? Zero,zilch,nada,they fiat buddy. lol But people eatemup and pay big bucks somtimes for singles, I sold Darth Vader cards for $150, the whole box would cost me $60 People are really funny what they believe because they read it.
          Thats just one thing, the books might be the argument, but not the proof.
          People are always taking the books as proof. Not saying there isnt true things in them.

            Mar 10, 2013 10:26 AM

            Traditional science requires proof.
            Modern science requires contrived consensus.
            Faith is what it is.
            I embrace the works of the greatest physicists with all their chalk board formulas and imaginations…. always consistently without exception unintentionally reinforcing the first five words of Genesis 1…..”In the beginning God created….”
            You have to admit that is an awesome beginning to a book. More scientists have tried to lay the words to waste than have tried alchemy. It is funny how people keep trying to do things they cannot.
            Believing in nothing is a belief. It is like the phrase in investing “sitting on the sidelines”. Like somewhere somehow you can call a time-out ……all the markets stop……you are not invested….you are held harmless until you call time-in.
            No one has to believe in anything. No one has to do anything. Time-out!
            BTW- I hereby publish my new hourly rate is $1579.20/hour.

            Mar 10, 2013 10:48 AM

            GOOD MORNING…BENB……I thought about you last nite, after posting my rebutal to your comments……I thought ,,did I say the correct things and would you receive the message as it was intended…..You have not offended me in any mannor,,I enjoy your conversation…..I was reading this morning in Revelations were it calls for the end times, and if a person is cool ,warm or lukewarm…..In the passage it calls, those that are lukewarm,,,GOD, will spit them out….So,for me it better to be cold or hot,,,and I perfer the hot side….but, with that being said, LETS TALK ABOUT PROOF…..what is amazing is the “proof”, is all around us…..the earth, the sky, the thunder, the birds, the animals,the people….Now, lets,consider the people….good and bad, of which everyone has a choice ,,,believe or not to believe…..this is not a bed time story, but , is played out everyday….with every human,…..Now, the book,,,which I will call the bible, is a past, present, and future reading….Past,yes ,it can be proven that there was a past, and many of the past,people did live ,,and you can discover that in many lands….you , just have to go and see….Present, well , we know about that ,,,we see it everyday,,the evil of men,,the sin of men,,,,,,Future,,,,we all know we are going to die,,,no exception,,,Now,after death, where, do you think might be a place,that you might go after death….heaven,hell, or in outer space, or come back as a pigmy,or ant, or what ever.
            Comparing the bible, to a comic book or pack of Darth Vader cards…at a particular price,I can only, say,,THERE are fools born everyday,the cards are of some value,to someone who maybe see them as supply and demand…..not, as TRUTH…OR the WORD OF GOD…..THE..DARTH VADER card, is not going to save you from the grave…it might pay for you burial,,,The Darth vader card cost someone money,,,,there is a charge,,,the Lord GOD, IS NOT GOING TO CHARGE YOU A THING…IT IS NOT FOR SALE,,,,It is FREE,only YOU…get to make the choice……..So,,LUKEWARM,COLD OR HOT….,I submit this with all due respect…..and hope you receive it with a thought of kindness, and a gentle reminder…..That GOD IS IN CONTROL…..just ASK….and may peace be with you today………..thanks for sharing and reading…….OOTB…

            Mar 10, 2013 10:44 AM

            Herman Hupfeld wrote
            “This day and age we’re living in
            Gives cause for apprehension
            With speed and new invention
            And things like fourth dimension.

            Yet we get a trifle weary
            With Mr. Einstein’s theory.
            So we must get down to earth at times
            Relax relieve the tension

            And no matter what the progress
            Or what may yet be proved
            The simple facts of life are such
            They cannot be removed.”

            The remainder of the work/lyric is more familiar to most and known as the classic song from Casablanca
            “As Time Goes By”.
            In a search for truth there is no need to be stodgy as we meander about on a “Ship of Fools”. We can learn a lot from a lot of things. There are many “proofs” of God if you look from the perspective of light….take this for example:
            From Liberace to “Liber Abaci” you can see evidence of creation.
            In the beginning god created….everything since is as time goes by until we are where we find ourselves…… in Act III and they just sent in the clowns.

            Mar 10, 2013 10:42 AM

            Hi Jerry, maybe you missed the point of my story, the magazine and card values and prices.

            I am saying that I made the prices and people believed it because I printed it as PROOF of price.
            It is an example of WHY the bible itself should not be used as PROOF of the bible.

            Please dont misunderstand me, I think there is somthing greater or bigger or more complex than ourselves, I actually think there is no way that people have a clue about what it is. Stories or no. I think all gods are man made, not that eternity doesnt exist or all things were/are not created.
            The christian works are confuseing at best, I gave up reading them long ago, I even got a Reverand ticket lol and have a nefew that gets in front of people and preaches, so at one time I was more familiar than I am now. I read books about the bible too, and it has been awhile so I can mix up where I got info from
            As for confuseing, here is an example. Some christians think that Jesus IS god.
            OK, so it was Jesus that told Moses to comit the genocide of the Hitites and Caninites,then there is another time Jesus tells slaves to obey their masters, clearly showing slavery is ok. Now if you dont obey his teachings you get to burn for an eternity. But it doesnt end there,…he loves you. Just slightly confuseing.
            Easy to see how good christians could own slaves, just following their gods example, easy to see how the christian nation of Germany could commit genocide upon the jews or the genocide upon the north american native peoples.These are just examples. The examples can go for centuries over continents.
            Today if someone were to hear voices telling then to commit a mass murder and has “visions”, (today called halucinations)then preach his thinking to people, today it would be recognised as a mental disorder example of Moses obviously.
            My point is that the christian religion is confuseing and must be reasoned and the only reason christians have for it, is their book, which they wrote. They just like to say it was their god that wrote it, Jesus maybe.This tells themselves it has validity.
            I actually doubt that Jesus would approve of some things done in his name, especially genocide and slavery. slavery as you know includes mutllation,torture,rape,pediphilia etc, say slavery and you include all evil things you can think of.
            I actually heard a christian on tv saying that slavery was somehow diferant in jesus time, makes me think that maybe thats why so much pedophilia is in the religous institutions, they think its ok because Jesus said slavery was ok, christianity is very confused and if jesus said ok to slavery,genocide I personaly would look for a diferant god if I was into chooseing a god.
            This to me shows that the books altho may have some truth and history to them, but obviously not written by a god especially a god of love.
            Jesus walked and taught the earth I think too. But I think the christians distort his meaning big time. There is no way in any way shape or form Jesus would approve of genocide or slavery and all it includes.
            To me, common sense says there is somthing wrong with the books. Therefore the books should not be used as proof. Support of the christian argument needs to come from somewhere other than the books. On the other hand, maybe I am right about human minds not comprehending a gods thinking and slavery and genocide are ok, I just dont happen to think so. Thus “the error in christian principle”

            Mar 10, 2013 10:57 PM

            Does the Golden Ratio, Divine Proportion and/or Fibonacci sequence communicate anything to you?
            I know already on multiple occasions you have stated You believe there is more….but in a back and forth such as this you cannot just say I believe in your main thesis however I dismiss all your evidence.
            I am curious if you find it beyond coincidence that we find symmetries in multi-natural mediums? And then for some reason the same observations can be applied in unusual accuracies to predict free markets.
            Finally do you think Liberace name was a reflection of Fibonacci’s book?

            Mar 10, 2013 10:01 PM

            Hi Dennis, this thread is so long now I have no idea if I am putting this in the right spot.
            Without researching what you are talking about I have know idea.
            But I do know a golden rule, whoever has the gold makes the rules.
            Speaking of things golden, I saw an interview with Alisdair Macloed “economic collapse 2013” It is on sd bullion,I found it on Max Keiser. up to date and interesting.
            His obsevations might be accurate predicting unusual free markets.

            Mar 10, 2013 10:05 PM

            Dennis, I looked over your comments a little bit more.
            I dont know what the golden ratio divine proportion or fibonacci sequence is.
            I never said I accept your “main thesis” I think you mean A god exists, I think ALL gods exists as men create them or believe, however a person wishes to think about it. This is totally differant than christian thinking other than there is somthing other than ouselves existing.
            Except, for myself, I view things as “one” all part of the same thing, for instance this makes the statement of Jesus true, he is the son of god or god himself, what is not stated, is so is everyone and everything else. But Jesus did not lie, to me, if it doesnt make sense it probly was not written by Jesus or a god but a man for who knows what reason, but it doesnt matter, its all part of the “one”
            I am not useing “one” as a figure/idea of focus. Just kinda what that old darma (sp) budda guy was seeing in meditation, all things being made of atoms, the same atoms. No he doesnt say that, you have to be able to figure out what he describes, the guy didnt know anything about atoms.
            The christian evidence you are saying I dismiss, IS the error, there is alot of truth and history, I see it as misunderstood.
            Example, money changers. This is also an excellent example of Jesus NOT being a teacher, if he was, he was a pitiful teacher as VERY FEW understood it.
            Therefore as Jesus was excellent at everything he did, he was not a teacher.
            I prefer the term, speaker. to help people to understand the nature of reality.
            (i know I know, now you think you discuss with some old acid head)
            going with my theme of “one” I see us all, and all things as part of creation, christianity seperates themselves from their god.I have no god unless it be all gods they are part of creation. That is kind of a significant diferance.
            Do I see coincidence in multi natural mediums? No coincidence at all, I would guess you are seeing the same theme that is in all religions, that of creation, this is actually 1 way to support your argument, find the same things jesus taught, taught by other people in diferent cultures in diferent time periods. He was not teaching anything new even if the new testement was a new covenent. He was telling the truth, the problem is, people just dont get it, they dont listen, same as people dont want to know they need to own gold or their government lies to them. It is how the mind works, totaly natural, the mind protects beliefs right or wrong. It is a shock more often than not to discover a truth. Imagine if all the christians figured out the jesus teaching of the money changers, and all followed the teaching and decided to go with what max keiser said, the corruption would or as Max puts it, “the devil incarnate on earth” would be crushed over night. But the christians as a whole have never understood the teaching and probly never will.
            Predicting free markets, prophecy is real and possible for every person to do, just need to learn how, but predicting markets caused Edgar Casey to lose his ability.
            Only regaining it after he stopped.
            Last, I never read the fibonacci book.

            Mar 10, 2013 10:08 PM

            Benb….thanks for the reply….here is some info …for your question…..
            first….book,proof……..Read John FOXX’S ..BOOK OF MARTYRS…1500AD….,
            this book tells of christian times and trouble,but, the main point of the book,is concerning a group of christians who memorized the scripture ….and passed these
            down from generation to gerneration…..starting at the time approx.100 AD…,
            THESE people lived in Italy,and were percecuted …just as in Rome….,but, the main
            point is these people ,,,,did not write the word down,,,,they orally spoke the exact word
            of the early written text…. These same people ,were used,at approx. 1600 to help,WRITE THE KING JAMES VERSION OF THE BIBLE….,
            next, fact…the King James Version,,,was written with the help of HEBREW, GREEK, TABLETS.,MEMORIZE VERSES(see john foxx,Waldenese) of the books…that are now assemble in this bible….Now,,,along with this text…is the real strange situation, on how six orginal bibles came into being,,,,,,There were only six KJV hand written at that time …..There were six different people, put, in six different rooms…..and quess what they all without knowing what the other had written,,,,all wrote the same information in these bibles that are known as the six ORGINAL KING JAMES VERSION….1600….
            That is why ,,,,this KJV is used…..knowingly or unknowingly ….used as Proof…of the WORD……hope this give you some info…as to why,,christian this is proof…..

            Mar 10, 2013 10:51 PM

            When I referred to “main thesis” I was referencing an intelligent creator not necessarily “God”.
            Most debates I have such as this I find a reluctance to establish any rhyme or reason in nature because to do so is a few short steps from design. The preference of the atheist and agnostic is not to admit any type of considered creation. It is their favor to side with matter arriving out of nothing and randomly mish mashing about until the primordial soup served up life. For me the scientific explanation/non-explanation of evolution has more leaps of faith than all religions combined. We all have faith except when pressed the atheist Ivy League Physics Professor refers to things he wants to explain but cannot hypothesis. In the end life is crap shoot but know that we did not arrive here by random chance. Your words acknowledge this much. That was the “main thesis”. The rest is comparative religion with and understanding not believing in a God is in and of itself a religion.

            Mar 10, 2013 10:26 PM

            Rudy Vallee adds in his 2 cents:


            Mar 10, 2013 10:25 PM

            To Jerry,OOTB of 3;08PM—actually there were written down texts on Bible before the advent of KJAV, there are over 4200 Greek manuscrips of the N.T., Then there were Syriac versions: Syriac is the 1st language into which the N.T. was translated. The Peshito MSS., dated at 150AD, and Curetonian MSS of 3rd century – Latin versions. 8000 of them exist, copied from Jerome`s Valgate, 382AD. (He had access to Greek testaments of his day). His version was a revisionof the Vetus Itala(2nd century). The Gothic version(350AD). The Egypian versions: the Memphitide (Copic) 4th century; and the Thebaic(Sahidic) 3rd century; The Armenian (5th century); the Ethiopic(4th century); and the Georgian(6th century). The Fathers where there are hundreds of them in existence. the Codex Sinaitic version Greek 350AD, the greek version called Codex Vaticanus 325AD. —-So there are many others that have survived the ages. Even in Hebrew text of Isaiah that have been dated at 150BC, so there are texts that do exist in a written form & not just in oral form as you have said.—–To believe in a God by faith, is believing without seeing it 1st is what faith is. Calling out of nothingness by speaking it out of your heart by faith. — Well its a long subject. You have to be born-again by the Spirt of God to even know the Bible. Its like a CD, that you buy software for your computer, it can many things in it but you have to buy more of it on line, then they will give you a passcode to unlock more of its information of the CD.

            Mar 10, 2013 10:16 PM

            Oh boy……Hello, Brody…..reread my comments….I think I did include GREEK, andTABLETS…(should have been more detailed,sorry)….My comments ,include that in addition to these,,,,were also, a sect of people who had it memorized,,,,which in itself is unique….not that the entire KJV ….was from this sect of people…..and of course, the OLD TEST. and NEW TEST. are in the KJV…so, that would have covered some of the areas in which you indicated…..Sorry,,,,I was trying to make something shorter, than a complete history lesson…..But, I do thank you for your details…AND as one would say….The devil is in the details……

            Mar 10, 2013 10:36 PM

            Hi Jerry, I was unaware of any of what you told me. I have herd, (couldnt find) that some of the books in the bible are the same as some ancient samarian text, no idea really, but I do understand that knowledge has been passed down oraly in cultures all over thru out history. Interesting what you told me. At least you have a reason for saying the bible is proof. Doesnt address the “god is love” Genocide and slavery ok tho. Somthing is fundementaly wrong there if you ask me.

            Dennis, OH,OK, the main thesis is the same, yes I would have to agree, there is inteligence in creation, even if it came from tomatoe soup, my point is that it may very well have taken billions of years to manifest a physical reality from a void, from a thought. But I think we can agree, thought before action or thought before physical.

            This actually reminds me of another issue with religion, some christian believe that everything physical or maybe just us, have been here only 5000 years or so, even in the face of all evidence otherwise. OK, how about we got here 5 minutes ago complete with all memories? I have no issue about a creater, my issues are with the religions.
            A good conversation tho gentlemen.

            Mar 10, 2013 10:36 PM

            Well,,,I did reread ,,,and I see,,,That I omitted the AND…,before,MEMORIZED…
            sorry for the confusion…..that would definately be misleading…..thanks again for the thoughts…..respectfully……ootb

            Mar 10, 2013 10:47 PM

            geez dennis brophy, thats alot of bibles, no wonder there are so many differences and interpitations. Well, whoever the ancients were they were definatly trying to keep a record.

            I read years ago about a psychic that said there was a room under the paw of the sphinx, with some very old records in it claiming that the sphinx itself was to protect the records.
            Anyway, a while back a room was found under the sphinx, I believe, the archeologist thought it might be the tomb of osiris. Last I herd it had not been opened.

          Mar 10, 2013 10:43 PM

          benb….hello,,,,I did not want to get to lengthy on my comments….thinking I would upset some of the other people……BUT,since you asked,,,,I will go back and reread,,,the section which you have questions……and see if I can answer the question….respectfully jerry…..ootb

            Mar 10, 2013 10:52 PM

            I dont think we have upset anybody, new threads have started for the markets etc.
            I sometimes think with my opinions I might insult or disrespect which I dont intend.

            Mar 10, 2013 10:29 PM

            Hi Jerry, and benb, I can`t defend religion, its typically man-made. Jesus the Christ is a living person. Now faith is. Its always right now. Not tomorrow, nor yesterday, but today. As Karl Marx `s said rightly that religion is the opium of the masses, or in other words is of the devil. Well this is my opinion.

            Mar 10, 2013 10:38 PM

            benb…..the idea,,,,is maybe…what Brophy had to say concerning the topic is long….and there are a lot of players and time periods…..and God did not act the same way with every people…..but, if you need answers,,,,some bible study time would help,it does take some time to get all the questions answered,,,,,but, it is worth it…. the only, way you can get an idea of all these questions,,,will to do some homework,,,and that will require a bible…..and even after you get some time periods and who is in those time periods….there will be questions and answer, as to why GOD ACTED DIFFERENTLY WITH DIFFERENT LEADER…..ADAM,ABRAHAM,MOSES,JESUS,PAUL….

            Mar 10, 2013 10:44 PM

            I think BROPHY…..has cut to the chase….and Has a Paul message,which is FAITH….where the others were by the LAW….and God acted differ with the Jews,and the Gentiles,which are by now…according to Faith…not works or the LAW…..confusing right……

      Mar 09, 2013 09:08 PM

      One of the big reasons I left the Western world was that I got sick and tired of my neighbour using his/her vote to push their personal beliefs on me using government and gunpoint.

      Abortion, Gays, etc, should be of no business of government. These are matters of opinion, and OPINION only. Get the hell out of my bedroom and stop telling me what do do, what to think, etc. Let everyone make their own decisions based on what they believe.

      Incidentally, government can never give rights to anyone…….all it can do is take away the rights of others.

      I got to a point where I was just finished with everyone around me using their bullshit votes to try to control my life. I’m done with it. Those of you still there…….enjoy your “democracy”.

        Mar 09, 2013 09:50 PM

        Where in the non-western world did you go?
        The problem with expatriating is not the disadvantages you flee it is with the disadvantages find yourself.

          Mar 09, 2013 09:57 PM

          Hello Dennis.

          In Asia for the last couple of years, but am working on other jurisdictions. I consider myself a soveriegn individual, so where I reside is less imortant than where I do not reside…..i.e. the minority of nations in the world where government claims almost total ownership of it’s livestock and the daily lives thereof.

          Advantages/Disadvantages are a matter of personal priority. Mine is freedom and the ability to seek my own path of morals. For example, I feel it immoral to pay people to not work, so I seek a position where my funds are not stolen at gunpoint (i.e. taxation) to contribute to immoral behaviour……or more succictly, the type of behaviour that I choose not to support. That which I choose to support, I prefer to do on a voluntary basis.

    Mar 09, 2013 09:42 AM

    FAMILY LEVEL- I do not mean to sound preachy but below are some ideas that came tou mind in the discussion about divisiveness when Jeff brought up “family level”.

    I would not be surprised that visitors of this forum have experienced a bit of divisiveness on the family level. My experience in the area has not always been fun but is always purposefully principled. A few thoughts for those family gathering macro conversations:
    RELATIONSHIP: You do not want to be “Uncle Right Wing Nut” but “Uncle Dennis who thinks different than most” is just fine. Make sure your relationship is nurtured or your opinion will not matter. The more sincere your relationship the more consideration your opinion will receive. And that is all you can ask.
    STEADY STATE: Consistency is important, but you also need to admit when you self-discover you are wrong. My flag waving days of US military interventions are over. I have related to certain members of my family that over the years I had disagreed with them but now I share their views. Your well founded principled change of opinion will demonstrate to others you are listening. They will tend to listen to you more now. To state the obvious you want to live principles. Your family members should know where your opinion will side on a topic. If your ideas are taught by example in addition to opinioned sermon it will be witnessed instead of dismissed. If your ideas are sound stick to them and do not be afraid of Hula Hoop ideas. Be prepared in the tried and true and remain a familial reinforcement for that which is not. Family members will know where to turn. As the relationship matures you will be honored to be considered “Uncle Backstop” reigning in wild pitches and foul balls.
    TIME: There is no controversy worth debating that can be resolved in one conversation. Allow germination of ideas. If you are right an objective listener will eventually know it.
    MEDIA: Modern day mass media is often in conflict with well-reasoned opinion. Do not be surprised if your principled opinion conflicts with McGraw Hill or Sister Mary Ellen. Be prepared to back your position with authority when other authority is presented. It is best to use their authority figures to make your point. Understand their authority will be flawed and if it is not then your ideas are flawed. Therefore discover what the flaw is and develop it for all to see.
    ENJOY: Enjoy the journey of discovering truth. Read objective truth by the light of the day. Understand life would be boring if we all agreed. Realize that deceit does not destroy truth it can only ignore it. Enjoy your own integrity in a humble way and be prepared to share.

      Mar 09, 2013 09:00 AM

      Well said Mr. O’Neil

    Mar 09, 2013 09:19 AM

    BIG AL…. correction…?..CHINA is not funding the US any longer……that is why the FED IS BUYING THE TREASURY NOTES AND BOND currently……..from what I read…….THE US is trying to force the world to use dollars in trading for oil……. …….and China, Russian, and some others are not using the dollar any more for trading.but, using their own currency for trading amoung themselves………which is the problem for the dollar.
    Anybody out there see it differently….or please correct me in my thinking…..thanks ootb…..

    Mar 09, 2013 09:25 AM

    Didn’t you all ever hear about the “cartel?” These central bankers have kept the metals prices down for the greater part of 20 years! I’m just a neophyte, and I have no problems understanding this. So, is Bill Murphy the only one that “gets it?” I’m just about fed up with you guys! Go to GATA and get an education!! Yikes!

      Mar 09, 2013 09:29 AM

      Roger L…..thanks for your post……we like to bounce,these ideas around,,,,,THE MAIN IDEA HERE is to LOCATE a TEN BAGGER…….., but, while waiting, we are bored , and like to discuss other issues……WHAT A HOOT…….thanks ,,,RESPECTFULLY….OOTB…

        Mar 09, 2013 09:41 AM

        Roger….not trying to be smart,,,,but,,,,,let us see… 20 years ago was what?
        Although the fed, central bankers,manipulate the price of gold….is for what reason,,,,MONEY PRINTING,,,,they the bankers enjoy the paper fiat,which allows them to buy things with xerox paper……NOW, GATA while complaining, and debating,…is knowledgeable,,,,but, only gives information, they have not made me any money yet, only,,,in that ,,,,,they give confirmation, why, we still are here……and we know that this GOLD MARKET IS GOING HIGHER…..when who knows…….BUT,,,,I know gold is not going back to $700 or silver going back to $4………I KIND OF LIKE THE PERCENTAGE OR RETURN I HAVE MADE TO THIS POINT…..BUT,,,,,I LOVE YOUR COMMENTS….RESPECTFULLY……OOTB…..

      Mar 09, 2013 09:52 AM

      For US it looks like gold is down, but it does not look the same in other countries, e.g. Japan or to a leesor extent UK.

    Mar 09, 2013 09:54 AM

    Thanks Al,
    This site among others keeps me informed and sane.

    Mar 09, 2013 09:55 AM

    Big Al, enjoyed the show! I always enjoy your interviews with Peter Grandich. Very insightful. I too have investment with Orex and believe this will prove to be even more successful than their sister company Orko. As for the social issues discussed the only comment I will make is that the downfall of ALL great societies begins with moral decay.Moral malaise grows like cancer and over time it overtakes the patient.

      Mar 09, 2013 09:19 AM

      Looking at Timmins’ chart, where do you get the idea this stock might continue to go down?
      From what I see on the chart, there is no reason why it should not go up to about $3.50 this year.
      I have to disagree with Mr. Grandich, as long as QE is pumping money into the US the Dow will increase.
      I do agree with what he is implying, by saying ” look at the rest of the world”.
      The US dollar is in trouble and will decline. t is better to have money NOT in US dollars.
      Sinclair is implying things will hold together thru 2017, but I believe the problem to be more immediate. Looking at the math, it appears to me that to hold things together next year would take QE of $4 to 5 trillion, and at that level I cannot believe inflation will remain quiescent.

        Mar 09, 2013 09:15 AM

        Several analysts are recommending Timmins. e.g.
        PI Financial Updates Buy Recommendation on Timmins Gold Corp –
        Vancouver, British Columbia–(Newsfile Corp. – March 1, 2013) – Investment firm PI Financial has updated their buy recommendation on Timmins Gold (TSX: TMM) (NYSE-MKT: TGD). Following a visit to the San Francisco Mine in Sonora State, Mexico, analyst Philip Ker reiterated his buy recommendation, maintaining his $3.90 target price, a 73% premium to the $2.26 price the day the report was issued. has produced a “video news alert” about Timmins Gold based on this research report. If this link is not enabled, please visit and enter “Timmins” in the search box.
        If you cannot view the video above, please visit:

        San Francisco is Timmins Gold’s flagship property and produced 94,444 ounces of gold in 2012 from its open-pit heap leach operation. Presently, management is aggressively expanding its crushing circuit in order to bring throughput up to 30,000 tonnes per annum, and begin targeting 125,000 to 130,000 ounces of gold production.

        Current reserves are estimated at 1,300,000 ounces and the company aims to develop its past producing La Chicharra pit, which is located just 1.5 kilometres from the San Francisco mine.

        Philip Ker stated, “We expect Timmins to achieve over 30% growth to its production profile in 2013 and delivery of successful operational results remain the key catalysts going forward.”

        Timmins currently trades at $2.35, and with 143 million shares outstanding, the company is capitalized at $336 million.

          Mar 10, 2013 10:59 AM

          Timmins is actually about 2.71 now. I would like to get back in to it in the summer. Last time it fell from 3.35 down to 1.55.

    Mar 09, 2013 09:59 AM

    Peter G say’s “it’s not how you come into life that counts but how you go out” life for countries should mirror that statement as well, if you work hard all your life the society you leave behind should be enriched and conditions should be better for all but sadly the opposite is true. DT

      Mar 09, 2013 09:20 AM

      I am very pessimistic about our species being able to survive, take the nuclear issue, you can’t tell some countries they can’t have nuclear weapons while allowing others to have this terrible advantage, this hypocritical policy will fail and they are facing a nuclear genie that is now out of the bottle and will be used. Why can’t the nations of the world “Ban The Bomb” for all before it is too late. DT

        Mar 09, 2013 09:47 AM

        All Politicians are Keynsian:
        “In the end we are all dead, anyway”

          Jan 31, 2014 31:07 PM

          I put those up so someone would have to think about my dteghaur. Last night was particularly bad. A line from a song I was listening to triggered the break-down and subsequent, uncontrollable sobbing. It only happens once or twice a year anymore, which is good. Sorry, if it bothered anyone, but sometimes it seems like no one remembers my little girl, and it hurts to think that people would forget such a wonderful, energetic, little bundle of joy. Anyway thanks for tolerating my shenanigans and letting me thrust my problems onto unsuspecting readers.

    Mar 09, 2013 09:32 AM

    Rick Rule is so very articulate and intelligent. He always impresses me. It’s a pity he can’t name some top picks.

      Mar 09, 2013 09:55 AM

      I would be willing to bet that there is a computer program out there somewhere that could scan The TSX and The TSX V for trades that have been purchased by “The Rick Rule Family Trust.” It’s probably sitting in a vault at JP Morgan. DT

    Mar 09, 2013 09:47 AM

    Why the h*ll is the US throwing money away? The government clearly thinks it grows in trees!

    Mar 09, 2013 09:58 AM

    A differance between the 08 crash and today is then the reasons the gold stocks were down was obvious, people understood it and figured what goes down will go back up.
    Today, we have had an MF Global event, we have had advisers saying “Just get out, its criminal.” Manipulation is advertised,the market requires a “rifle” aproach. That says you pretty much gotta be informed or even expert. People are expert at what they do, thats why they have money to invest, to be an expert you gotta be focused, they dont have time to focus on a criminal market. To me, it is totally obvious what is happening, we have read many times how much money is leaving the markets, the fed money is going to other than gold stocks.
    Sites like kwn may not be helping, people might get tired of “to the moon, any moment now” They see “expert opinions that dont happen. What do they know?
    I think, as I have said before, profitable companies NEED to pay enough of a dividend to make it worth holding their shares,buy the shares back at a profit to the invester or both. that way an invester KNOWS where his profit comes from as opposed to me selling my “pixels on a screen” to my neighbour.
    The system is criminal, its broken, it needs to be fixed, and thats why people dont want anything to do with it, lots of smart people in the industry, if they think about it I am sure they can figure it out, but like an alchoholic they have to admit there is an issue first.
    As for uranium, price goes up or lites out, they americans are going to dismantle alot of nukes, when the russians did that there was lots of supply, might just be the american turn. Having said that I like uranium too.

      Mar 09, 2013 09:20 AM

      In today’s market the bid and ask sometimes results in a trade where the two parties are without disparate motivations. Often our screens show us bids and asks that will never consummate a deal. A stop loss presents an HFT naked short bear raider a target. Sometimes more information is just more disinformation. Know the reason why you want something and stick to your conviction until the story changes.

        Mar 09, 2013 09:16 AM

        If you use e.g. and don’t get the bid or ask price you should copy the screen and interrogate your stock-broker. There is no reason, other than incompetency why you should not get the price indicated.
        I do recommend using level II, even if it costs more than discount brokers charge.

          Mar 09, 2013 09:44 AM

          Level II is a great tool but the tool is filled with phantom bids and asks.

      Mar 09, 2013 09:50 AM

      Benb, you make a great point about KWN. I read them for some info and entertainment. I try never to get caught up in the hype and that’s why I love TA.

    Mar 09, 2013 09:47 AM

    Al In seg 1 you said you were going to sell and buy at lower prices. You always say you are a fundumental investor and not do not trade on technical analysis. How are you going to do this being fundumentaly gold and silver have never looked better. I am also interested in seeing you rate your sponcers. Since we all know you dont give investment advice I would like to see a 1-5 rating you could update which would be your oppinion of the company at that time. If you had negetive thoughts about a company at a given time it would be nice for them to come back and address you concerns.

    Mar 09, 2013 09:58 AM

    Al you talk about people loosing faith in government. Government is theft and there is no honor among thieves.

    Mar 09, 2013 09:04 AM

    killing bad guys in muslim areas is necessary. collateral deaths are sad but it happens in war. remember the jihad crazys[not a country] have declared war on usa. The firebombing of dreaden and berlin in WW2 were horrible. but necessary when fighting a monster like hitler ,etc. the jihads bring the war 2 us. we must seek out thier leaders and cut off the snake, before we have another terror attack here in country. look at the attacks in recent years [scottish airport attack, spanish train attack, bombay, and the bengazi attack]. we must do something proactive. and drones make more sense . S

      Mar 09, 2013 09:24 AM

      Dresden and Hiroshima and Nagasaki were not necessary.

      E.g. Instead of Hiroshima, had a bomb been dropped on an unpopulated area (or lesser populated area) close to the Royal Palace, I believe a better effect would have been obtained.
      For Dresden, Churchill was simply p*ssed off at London bombing. An act of anger.

      Mar 09, 2013 09:32 AM

      HI Scott, i just gotta coment. Dresdan wasnt neccessary.neither was Nagasaki or Hiroshima, those were just pay back. The war was over by the time those happened.
      By the time those events happened the allies were fighting Stalin for control of europe, but we could have just let the Russians end it. Nagasaki and Hiroshima was pretty much just to show the Russians the bomb existed, as well as payback.

      As for having to kill people with drones, I agree with Ron Paul, these acts create enemies. As for a terror attack on americans, do you mean somthing like the bay of Tonkin,the U.S.S. Liberty the lisutania perhaps? Or maybe the assaninations of presedents.

      It actualy doesnt matter Scott, you will have your police state entrenched.
      The real problem with police states is they eventualy turn on themselves.

    Mar 09, 2013 09:11 AM

    Folks, Do you read the annual reports on the mining companies you buy?

    My mail just arrived to day, and among it was an annual report for a mining company.
    I read the reports for ONE THING PRIMARILY. IS THE COMPANY WORKING for ME or against ME?
    I look at salaries and options given out or planned to be given out.

    On Monday I will sell this stock and take a 55% LOSS.
    Because in my opinion the company is NOT working for me. The BURN rate is too high, I am being diluted out too fast.
    This particular company (an exploration company) IS IN THE RIGHT PLACE and is quite prospective, has had good exploration results, but I DON’T TRUST THE MANAGEMENT will allow me to get any profit from investing in them. So I will take a several thousand dollars loss and put the remaining couple of thousand dollars elsewhere, rather than see it dwindle down to nothing.
    If you don’t read your annual reports, you are allowing crooks to prosper.

      Mar 09, 2013 09:37 AM

      CF, you are describing part of the corruption in the market, I have found this happen with a few of my investments and had to dump them.
      Just another reason not to take your eyes off them.
      I think this is one reason why people are not interested in this market,no time to watch as closly as is required.

      Mar 09, 2013 09:38 AM

      CFS, I couldn’t agree more—-a lot of the mining execs are as bad as other execs. They rip off the shareholders on an ongoing basis and are not judged by results. I’ve another company I started about 8 years ago—-we take care of our employees first; then the owners come second. Some time I think America is one big con game where you get certain people in positions of power that are just there to feather their own nests—-I for one am pretty tired of it.

        Mar 09, 2013 09:52 PM


      Mar 10, 2013 10:02 PM

      Selling your PEM shares? That stock has spent it’s current market cap on advertising, travel, management expenses over the past fiveyears. How they spent $200k+ on travel in 2011 is a wonder. The projects are in Montana and Idaho

    Mar 09, 2013 09:13 AM

    It’s very difficult to be positive about the resource sector right now. What is out there to stimulate the sector. China—questionable since their data is mixed. The dollar—-right now at a very important resistance level; if it breaks higher, the dollar could run for awhile. Besides what currency right now could be stronger based on some growth. I’ll just be content if the PMs hang around these levels for awhile and give us a chance to buy PM stocks when they bottom. What if the conventional market takes a dump—- at that point it might signal a weakness in our economy and could drive the dollar lower then.

      Mar 09, 2013 09:29 PM

      India is still growing and FAST.

    Mar 09, 2013 09:30 AM


    Mar 09, 2013 09:37 AM

    Richard, You’re a bright guy. Just keep thinking QE, QE, QE,…
    and what ultimately the effect will be.

      Mar 09, 2013 09:40 AM

      You’re absolutely correct—–what I’m saying is that it will take a little longer then most folks think—-that’s why I’ve always stressed “patience”.

        Mar 09, 2013 09:09 AM

        I guess we disagree on timing.
        I keep on trying to do math and exponentials always seem to happen darned fast on a linear scale.
        But then in Zimbabwe it took a 10 to the power 21 for inflation to kill that currency, and I was thinking someone would have the sense to kill Mugabe before it got to 10 to the power 10.

    Mar 09, 2013 09:29 AM

    I figure the Bernank doubled down on QE in January and it takes a little time for the extra dollars to work through the system. I do feel we’re getting (finally) to a top in the conventional and when the vix goes a little lower will go long the vix in a big way.

      Mar 09, 2013 09:54 AM

      I know I’m getting old and forgetful, but the VIX is lower than I remember and simply believe it is no longer a valid indicator.
      I just accept that big money (Hedge funds/pension funds etc) just follow the same analysis methods and have killed volatility.

        Mar 09, 2013 09:39 PM

        The VIX is 12.59. Since 1990, the VIX intraday has only dipped below 10 on 3 occasions. It looks like it’ll head down a little more the next 2 weeks—-if you go long the VIX (ETF–VIXY) I believe you’ll be rewarded nicely.

          Mar 09, 2013 09:05 PM

          You are probably right. I don’t know how to evaluate the Vix, however, other than just using TA.
          I like to combine TA and fundamental Analysis and buy only when I “know” both are signalling up.
          I lose enough money even when I “know” I’m right!
          I’m just lucky enough that often people agree with me, and send a stock up.

            Mar 09, 2013 09:10 PM

            Contrary to general opinion, I’m looking at energy right now, although I’m pretty much fully invested. Some of my shorts have fairly tight stops, so some money may get kicked free. (I guess, if I translate that last statement, it is equivalent to saying VIX goes up.

            Mar 09, 2013 09:31 PM

            “I lose enough money even when I “know” I’m right!”

            There’s a statement I can relate to—-my problem is I’m often earlier then other folks and then I get out of my position when it goes against me—then it goes big time the way I figured it would—it’s frustrating to say the least.

            Feb 03, 2014 03:46 AM

            Hi,Fair to you GT, you are doing excelent job and you are not easy-hype foelwolr.Still not sure what is so different between XR4 and 29-4 apart of one being 26 and another 29 Cheers!I.

    Mar 09, 2013 09:42 AM

    As corrupt as we may think Congress to be, it is not as bad as China!

    Of course, that’s not saying much. Unlike the Big Zero, at least they are not selling interview/talk time.

    Mar 09, 2013 09:09 PM

    It is time to start thinking contrarian for these are commonly the most successful of all trades. By definition it only stand to reason that taking a contrary position when every one is sold out presents itself with the greatest upside. Rick Rule thinks this way as uses risk analysis to manage positions. Rick of course is a credit analyst, but he is far more than that. Here is one chart people like Rick are looking at very closely.

    Managed risk where analysis is correct has greatest potential when contrarian. Fundamentals determine the risk and can be opposite of technicals for a reason, and that reason is key.

      Mar 09, 2013 09:52 PM

      great post……contrary to popular views…..thanks….ootb

    Mar 09, 2013 09:17 PM

    Beware of placing gurus on pedestals.

    Rick Rule is entertaining to listen to, is undoubtedly smart, might even know how to spot a “good” company, but his timing isn’t any better than the rest of us. I think the stories that will be told in the future about 10 baggers and 100 baggers will be a result of pure luck as to when shares in good companies were purchased, and not so much to do with how smart the investor was.

    R.R. was on BNN this past week, and here are the results of his “past picks” from March 7, 2012.
    Altius Minerals – down 4.5%
    Eurasian Minerals – down 22%
    Lydian International – down 37%

    The hour-long BNN “market call tonight” can be accessed from this link. The segments should follow in sequence automatically.

      Mar 09, 2013 09:51 PM

      I think that Rick Rule has proven that he is quite good at doing what he does……overall. However, I would suggest that his position allows him to access much better information on his targets than that of a typical “retail” investor.

      Being that Mr. Rule has become so widely followed in the mining sector…….my question is why are they parading him around so actively lately through so many interviews with so many outlets? What is his (Sprott’s) real agenda at this juncture?

        Mar 09, 2013 09:53 PM

        Also, Mr. Rule tends to be in a position to be able to apply Sprott’s boot to the necks of certain mining companies, which I would assume assists them at times in their overall “investment” performance.

      Mar 09, 2013 09:02 PM


    Mar 10, 2013 10:37 AM

    Irwin: I agree, not wise to put anyone on pedestal, and yes Rule has been wrong many times. Just like several others who question Rick Rule and his intentions, so do I. People who speak on the financial outlets commonly do “talk their book” for purpose, the old Pump and dump tactic.

    Al is right about one important thing, and yes Al I was wrong, listen to all but make independent decisions oneself.

    Everyone has opinions and we often change those, but things in this Nation and the world are in anyone’s normal lifetime unprecedented. It is like the Gates of Hell have been opened, allowing all sorts of evil to seek out and destroy that which is good. Naturally such evil to accomplish such destruction will settle into bankers and big corporations of money along with taking control of people in power like presidents, congress, judges and leaders. Despite evil in money and power it is our choice that decides the outcome, which precisely Jeff and Al can both agree.

    Mar 10, 2013 10:54 AM

    If one were to look at the trading over the last 6 months, in my mind the Canadian funds and institutions (most particularly Canaccord) have killed off this market by liquidating most of their holdings at any price. Why? There’s only one reason in my mind – most are bankrupt and need to raise funds to survive. You won’t be able to tell by looking at the financials just like the financials of the US banks looked fine a week before they blew up. Most likely it’s related to the housing bubble about to hit Canada but that’s just a guess. What isn’t a guess is that Canaccord any others have killed this market.

    […] may have further to fall before they hit bottom. We’ll explain in a moment, but you can also click here to access a recent interview on the subject that we did with Al Korelin of the Korelin Economic […]

    Mar 10, 2013 10:58 PM

    Al perhaps its not much ado about nothing, as to what the markets are doing, perhaps its the fact that has been said that those selling scrape gold,& silver have sold what they have some time ago. Thats where the investors have gone too, being gone from the scene with what they have left with fiat money. They had to cash out of what they too had, some time ago. Thats what we`re are seeing today concerning the junior mining sector. They too will be gone in short order. I think the ETF`s in precious metals & base metals are causing most of the supply & demand factors in the physical metal market. People are buying paper thinking its a metal asset, which is not. In markets of the past where were these paper instruments, where else but in the mind of the Banksters. They did it before in printing paper money, why not in paper metals that people think are money too, but they are not. The more people spend on this ETF paper crap the money is out of those who have metal in the ground, and in the physical, so there`s no demand for this paper, because its just more paper. Its easy to say its metal, but prove it. Where the beef, so to speak. These hedge-fund managers and bankers love this paper stuff. No wonder the markets have gone the way of the doo-doo bird, to hell.

    Mar 13, 2013 13:07 PM

    Comment on segment 3. God will not be mocked. Nations that will not stand against the evils of sodomy and murder (abortion), will not receive the blessings of prosperity. Al, your priorities are upside down. Repent and believe the Good News!

    Mar 16, 2013 16:03 PM

    I wish you would pray earnerstly about your stand about abortion. It involves the killing of a human being — period. It is extrinsically evil — period. We will all have to give an accounting beyond the grave about how we stood on this matter.