Gary Savage thinks tomorrow will be a bigger day for the markets over the last 2 days

November 19, 2013

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    Nov 19, 2013 19:53 PM

    I don’t know about the stockmarket tomorrow, but I am looking forward to Celente on King World News talking about JFK assassination.

      Nov 19, 2013 19:53 PM

      Have you read Bill O’s book, “Killing Kennedy”?

      I thought that it was really excellent.

      A person can talk this subject into the ground. There is a lot of evidence that a whole lot of folks did not want him around!

    Nov 19, 2013 19:09 PM

    In case you missed this, England chose the location of the signing of the Magna Carta to set a memorial to JFK.

    It was the Magna Carta in 1215 that first established the principle of Habeus Corpus. One can only wonder what JFK would think about Obama’s abolition of same “for the security of the nation”!

      Nov 19, 2013 19:54 PM


      You come up with the greatest questions!

    Nov 19, 2013 19:11 PM

    I do know how to spell Habeas. (My computer doesn’t)

    […] here Written by Gold […]

    Nov 19, 2013 19:43 PM

    One of the KER regulars (I don’t remember who) suggested the US $ is still the best horse in the glue factory. All the markets (metal, conventional, etc.) are trapped in the county fair bumper car ride. Nothing is going to change until some event forces change … that, as yet, unknown event scares the crap out of this investor. We won’t know until the event hits like a tidal wave. Then hold onto your diversified socks ’cause who knows what will blow and what will suck.

    Nov 19, 2013 19:32 PM

    Paper assets will suck….metals will blow….history teaches this….and I DIDNT fall asleep in my history classes….

    Nov 19, 2013 19:52 PM

    Here is the rub. yellen last week spoke about being very accomodative. Bernanke at Tuesday dinner spoke about being very accomodative. How will minutes of Fed meeting indicate anything else?

    I would buy some spy calls in the am. Be careful not to hold too long as it does not look good for retail sales. The debt is the debt and deficits are deficits. PM need a catalyst. They are ready to be lit up.
    We are out of control in so many ways.the President has lost his lovin feeling.
    Gridlock might not be too good fot this stock and bond market.

      Nov 20, 2013 20:14 AM

      Good points Hal. We all know QE will continue and the markets are at levels that can not be sustained for the long term. However it is hard to argue that the Fed is managing to float these markets to new highs.
      So far Gary is right… slightly higher conventional markets and lower gold. We will see if anything changes when the minutes are released.

    Nov 20, 2013 20:33 AM

    Gary looks to be right. Gold this Wednesday am gone down to $1262.

    Nov 20, 2013 20:53 AM

    7000 contracts dumped in the thin premarket. The usual MO.

    Nov 20, 2013 20:18 AM

    We’ve known for months and months now that the goal is to get gold back down to $1000. The big question isn’t whether or not it’s happening, only whether or not they will succeed.

    We are coming down to the final end game. If they are going to succeed they need to test the June low in the next 5-7 days. If they can accomplish that then a premarket stop run of $1179 should finish the job.

      Nov 20, 2013 20:42 AM

      but then we will someday enter mania phase where price will go up a lot higher?

        Nov 20, 2013 20:42 AM

        or is it done for good?

    Nov 20, 2013 20:45 AM

    G man if you get it right on the $1000 gold call you are going to become a legend.

    Nov 20, 2013 20:04 AM

    I agree! Hey looks like the boys are setting up trip below 1251 already…fine with me…when tehy get it to 1000 or 1100 or whatever we will see a miraculous increase in COMEX and GLD inventories…

    Nov 20, 2013 20:27 PM

    Gary has been right on — if his call on $1000 gold proves accurate, you can bet I will be buying. Here’s hoping his ‘V’ bottom call off the $1000 level is the one that is on the money.

    Nov 20, 2013 20:08 PM

    Amazing how all the queer-bait, weenis-whizzing Gary-haters all seem to disappear when he’s right, isn’t it ? I’m guessing, from the shrill stridence of their petulant whining, that they’re the product of that tragic accident that occurs when a female brain is installed in a male body, and what they’re REALLY pi**ed about is that he turned them down for sex, he being the virile sort of guy that makes queer-bait weenie-whizzers cream in their pants.

    Nov 20, 2013 20:52 PM

    Dallas … your text needs a Windex wipe. I’m sure you are suggesting something valuable here, but, dang don’t go around calling folks you don’t know names one reads on tavern bathroom walls. I’ve been a big Savage fan since I started visiting KER. I’m having to endure heavy paper losses on bullion and miners – but – I’m not weezing and complaining. It’s called RISK investing for a reason. I have investments that have done as well as bullion and miners have done poor.