You can take comfort in the fact that right now the G 20 leaders are hard at work fixing everything.

After they have their caviar, truffles, champagne and oysters they will sit down in cushy armchairs, light up their expensive cigars and decide what the price of gold will be.

I did say they would be fixing everything didn’t I

Great round table discussion in segment 6-8 Al
Also liked the mix of discussion (macro view, stock picks, things to look at)
Please do more of this

Ukraine update: http://armstrongeconomics.com/2014/02/21/ukraine-the-update/

I consider myself a Libertarian, that said, it has always been a hard sell….similar to the pm story, people are stubborn and unwilling to change or think for themselves but rather believe what the education system teaches them. I also believe that the only solution to the economic problem is JOBS, productive jobs that can provide adequate income for comfortable living.

Bobby – define “adequate”and define “comfortable”

There you go again falling into that trap

I don’t necessarily mean you personally…but if the socialists fits wear it I suppose…

Of course it is about economic poverty, no jobs, and under-employemnt in the Ukraine……..However, since 2004, the corrupt Prez and Parliament have also ravaged the Constitution and have taken back what the people previously had a revolution about………I have had a native Ukrainien (who is informed) tell me that since 2004 all the big businesses were handed over to a small number of corrupt families that run everything………corrupt as hell……….

While I love much about Liberterian philosophy, I decided on the Constitution party for the last election. While adherence to the constitution is very Libertarian, the Constitution party is much more aligned with my view on the issue of free trade which I believe is destroying the middle class. Libertarians, from what I have been able to find, believe in unfettered capitalism. But we see that that led to abuses such as child labor at the dawn of the industrial revolution. Working people were able to band together to negotiate a greater portion of what they produced and thus attain a greater living standard in this country. Allowing multi-national companies to set up shop in low wage coutries and flood our market with tariff free goods circumvents the delicate balance that took years to develop. This is how the great American middle class came into being. I have heard nothing from the Libertarian party on just how they would protect it.

When you are the world reserve currency then monetary mayhem’s #1 export is political unrest.

I am sorry, but when this stampede into the resource/PM’s market really, really heats-up….like Bob M….you will be able to throw a dart and hit a winner. That is why if you do just a little DD, you will REALLY do well….hey here you go…Timmons Gold…. Brazil Resources…..companies like this are ‘NO BRAINERS”….not investment advice…..dont follow me…just do a little work!

I am sorry, BTW, I am WEARY of newsletter writers, get off your butt, and listened to A LOT of people…you will eventually see a multiple of juniors being mentioned consistently, those are the one to pursue..IMHO. The newletter writers want you to think that this is ROCKet science…it is to a degree…but common….if you really stick your head to the grind stone….your intelligence will lead you to some good companines….heck JAY TAYLOR is always giving you some good direction…how about, EURASIAN and RUBICON minerals…Sandstorm Gold (Nolan Watson)….sprinkle your portfolio with some these type of easy pikins and you will do just fine1 IMVHO>

Here is one more example. I bought one company BRIGUS gold on the fact that they have a “streaming agreement” with SANDSTORM. Why would NOLAN WATSON get involved with a DOG company…..sure enough Brigus was bought out just a few weeks ago….didnt make a lot money for sure, but it is a start……

Al/Cory:

For years I have attempted to figure out exactly where I fit in the political spectrum.

My own model may not work for all but works for me. It is based on a view of Thomas Jefferson’s political philosophy that “If men were angels, there would be no need for Government. On counterbalance however I subscribe to the theory that the government that governs least, governs best. My model is not precise nor totally objective as I insert my own values and views and ascribe the weight of each of them to fill in the blanks..

Imagine a clock face with the extreme liberal view at 9 o’clock, a more moderate view at 12 o’clock, a very conservative view at 3 o’clock and a libertarian view at 6.

I find myself floating around the clock often in between depending on the issue at hand but generally find myself between 1 and 2 o’clock on most issues but on fairly rare occasion, between 9 and 12.

Depending on whose ox is being gored be it economic, political or social issues, the extreme positions at 9, 3 or 6 o’clock are a recipe for anarchy and the 12 o’clock position can also be a recipe for disaster for it can create an atmosphere of inaction when and where where action is often needed.

Since I’m no stranger to hostile fire, fire away as you deem appropriate.

What are your thoughts?

Are all the bought deals a sign of institutional confidence or just a way to cover some shorts without slitting their own throats in the market?

Perhaps a bit of both?

Cathty has her head on right?

But she voted for obammie TWICE so how can that be?

What is Golden Dawn about?:

Africa for Africans, Asia for Asians, White Countries for Everyone??

Its White Genocide by policy and people are fed up. ITs destroying nations-by design.

Racism is only racism when it is the people of the country trying to defend their ethnic interests, not when their anti-white ‘leaders’ defend theirs.

At what point would anti-whites allow whites such as this the right to protect their ethnic interests, to not be displaced in their country and have their society destroyed– all just so they can look good for the camera. Moral grandstanding and PC prudery aside, one would not dare argue for the converse–that would be called Genocide.

Anti-whites expect an entire race to disappear from the face of the earth without even mentioning, not even whispering about it.

Nobody’s flooding Africa with Non-Africans and giving them free health care, affirmative action and special privileges.

Only White Countries are doing it, only White children are affected, and only White politicians are allowing it.

In principle, you make an interesting point as I personally cannot stand political correctness for the sake of political correctness.

I believe in fair play for all.

This is obviously a very touchy subject.

I don’t believe you are saying that the actions of the Nazis were correct are you?

Bob Moriarty, with all due respect,
you are so hell bent on your anti-American disinformation. To suggest 10,000 dead if it had been in the United States is complete rubbish spewing from your pie hole.
Tell me ONE recent historical reason to substantiate your anti-American propaganda.

In the last 100 years some of the worst in the United States were
LA riots Rodney King 53 were killed.
Detroit riots 1967 43 were killed.
Tulsa Riots early 1920’s 39 were killed.
For Bob to suggest 10,000 is beyond the pale. It is one reason I detest when unsubstantiated comments are made. Why would he make them? No where in American history is this true. To me they are pure rhetoric.

Also Cory says “it finally just boils over to the people when they don’t have jobs they don’t feel like
they can trust their government and then they start to riot, sounds a lot like the U.S. doesn’t it?”

Cory, seriously even during the Great Depression of the 1930’s and at the height of the turmoil in the U.S. during Jimmy Carter years
people were disapointed but didn’t resort to wide scale rioting.

Dai, there are alot of people that still love Obama, and when he is replaced the next president will have a few years grace from the people.
He might even run on “change”
The changes Obama implimented will most likely remain and people will learn to view it all as normal.

Bob anti-American?

Bob was the youngest person ever to be a pilot in the Marines. Heck, he joined the Marines when he was 15 or something like that so he could fight with Pappy Boyington for cryin’ out loud. Even flew his plane under the Eiffel tower shootin nazis.

Bob is 100% right. It is the people running this country into the ground who are Anti-American.

bill,
I am quite aware of who he is.

Bill, You might wanna ask Bob about the shootin nazi part.

Al, forgot to mention, excellent round table again and always enjoy Bob.

The commodity shorts have been obliterated……….

From Trader Dan of February 24 2010……he write:

“For some reason, commodities in general have been soaring recently. Shorts are getting obliterated across the entire sector with a vengeance. You name it – coffee, sugar, hogs, soybeans, wheat, corn, silver and of course gold. Frankly I am unclear as to what the main driver is for this sudden interest in the commodity sector. I have heard the usual chatter that equities are overvalued and commodities are undervalued, and there is some truth in that, but it seems to me that the weakness in the Dollar of late ( due to the weakness in the recent economic US data) has apparently caused a mass move back into the sector as part of another carry trade”.

Like I keep saying boys….this is the trade. Believe it or not. Just like a light switch got flicked on at the start of the year. It is why I am now bullish metals and leaning to a trend towards higher inflation and possibly gradually rising rates in early 2015. The gold/commodity relationship is closely related in my opinion although I remain unable to identify exactly why it is happening now except that many commods had clearly hit major bottoms. Perhaps it is just a technical reversal that should be obvious to all……maybe it is a collateral based spec trade……..or perhaps there is a deeper meaning.

Commitment of Traders Info — Trader Dan
http://www.traderdannorcini.blogspot.ca/2014/02/commitment-of-traders-info.html

Viktor Yanukovych is gone. Wow. I am late to the news and just caught it on the web. Fantastic news. He was driving the country into deep divisions and perhaps even civil war. Thank God saner heads have prevailed and they will work to smooth the incredible discord of the last months. Nobody needed the sh*t that was taking place there. Not the West and not the East either.

Full Suport for the new lady leader Tymoshanko , of the fatherland party . She is 100% for Ukranian people, free from Russian domination. The majority are Ukranian speaking [difference is small from Russian] and Russia maintains a right of return for any russian speaking person from Ukraine who wants to return. Tymoshanko was just freed from hospital where she has been serving a seven year sentance , she served 3 years already. She has a serious back problem and was under guard in hospital. She will probably be running for office in May . Best to all peoples of Ukrainia , Poland and Slovakia , who have suffered under Great Russian Domination . S

Great interview with Glenn Downs.
Learned more in that 20 minutes than the last 20 days in main steam media blah, blah, blah.

Al, recent history and current events prove that governments can’t legislate morality; and in fact the unintended consequences of such legislation is an increasingly more amoral society.

Question BIG AL…………..John Kaiser….in DEC 2011 ,,,was in RARE EARTHS,,,and not in gold and silver stock…only physical…..has he changed his mind…., HE MENTIONED ZINK, anything else…………..thanks…………..ootb

PIMCO makes a convincing case that above any other consideration including the growth of gold-backed ETFs, central bank purchases or government actions like India’s import curbs, the number one factor influencing the price of gold is the real yield on 10-year US Treasurys:

“Based on our study, the regression shows that, all else equal, a 100-basis-point increase in 10-year real yields has historically led to a decline of 26.8% in the inflation-adjusted price of gold.”

Johnson goes on to say that the correlation is so strong that the gold price can be used as a predictor of interest rates:

“Using this framework, consider the 15% price drop in gold in mid-April following talk of Fed tapering. This move predated the sharp move higher in yields in the fixed income market by two weeks. Over the month of May, 10-year real yields rose 57 bps. Even though the markets moved at different times, the size of their moves over this period was remarkably consistent with the historically observed 27-year real duration. In hindsight, we believe the move in gold gave an excellent early warning of both the direction and magnitude of the move in rates.”

warren bevan on miners,”I’ve been getting a lot of question about trading the miners and my
thoughts remain the same.
Miners are coming off major lows and I am pointing out ones who look
best to members but I am not trading them yet.
For now, these miners coming off historic lows should be bought with a
long-term timeframe in mind.
We will come to a time when these are the momentum stocks who lead
the market but that is not for a couple years or more from now.
By that time these miners will be hundreds of percent above where they
reside now and those will be great gains for those who can hold from these
levels but at that time we will see these stocks really accelerate higher and
make fast money for us.
For now, the fast money is not in the miners rather, the leading stocks
and some healthcare and biotech stocks are where the action is.”

@ Birdman
Good posts up above (early Feb 23).

Got me thinking about what Armstrong has said many times; – corruption causes riots, but there will be no rioting when bellies are full (paraphrased).

As you say, it’s losing what we have that makes us angry. When people start with nothing, and gradually make headway towards achieving some acceptable standard of living, most learn to be content with that. However, take that away through corruption and greed, then look out.

When politicians, lawyers, hookers, and hockey players make more than those who pay them, the full bellies will waddle in the streets.

Speaking of hockey players: as I type .. top of the 3rd; Canada 2; Sweden 0 .. playing for GOLD!

Here’s a handy chart from ’73 to ’09 comparing bond yield to gold.
http://static.safehaven.com/authors/sobolev/7728_b.png

A very scathing piece by Evans-Pritchard about his concerns with Turkey.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10649433/Turkey-spoils-emerging-market-story-as-politics-go-haywire.html

A long discussion on the gold price, hedging and production and the available float.

http://www.youtube.com/watch?feature=player_embedded&v=lOpPrBao3e0&list=UU0iTb2U2nWkm5X3XRityENw

Well worth listening.

“According to the Russian business daily Kommersant, they cited a source in a NATO country’s delegation back in 2008 that reported Putin had told President George W. Bush:
“You understand, George, that Ukraine isn’t even a state.”

(…)

“Strategically, Crimea, the southern part of Ukraine on the Black Sea, was part of Russia until 1954. At that time, Crimea was given to the Ukrainian Soviet Socialist Republic by the Presidium of the Supreme Soviet, supposedly to strengthen brotherly ties. However, the majority of the population were Russian – not Ukrainian! Therein lies part of the problem. This “gift” of Crimea to Ukraine would be like the USA giving Texas to Mexico and Texans would suddenly all be Mexican. Would they “feel” Mexican or American?”
~Martin Armstrong

http://armstrongeconomics.com/2014/02/23/is-ukraine-home-free-will-putin-let-it-go/

Ukraine certainly was not soviet dominated until after Stalin. There are still enough Ukrainians around to remember What it was like before and after.

Here’s a little bit of history. Note Stalin killed about 7,000,000 Ukrainians in Western Ukraine. You seriously think they want Russian domination again!
You think they don’t know Putin was ruthless KGB!
From internet:

……A propaganda campaign was started utilizing eager young Communist activists who spread out among the country folk attempting to shore up the people’s support for the Soviet regime. However, their attempts failed. Despite the propaganda, ongoing coercion and threats, the people continued to resist through acts of rebellion and outright sabotage. They burned their own homes rather than surrender them. They took back their property, tools and farm animals from the collectives, harassed and even assassinated local Soviet authorities. This ultimately put them in direct conflict with the power and authority of Joseph Stalin.

Soviet troops and secret police were rushed in to put down the rebellion. They confronted rowdy farmers by firing warning shots above their heads. In some cases, however, they fired directly at the people. Stalin’s secret police (GPU, predecessor of the KGB) also went to work waging a campaign of terror designed to break the people’s will. GPU squads systematically attacked and killed uncooperative farmers.

A World War II era photo of Soviet leader Joseph Stalin (on right) with top aide Viachislav Molotov who helped implement the 1932-33 famine policy in the Ukraine.
But the resistance continued. The people simply refused to become cogs in the Soviet farm machine and remained stubbornly determined to return to their pre-Soviet farming lifestyle. Some refused to work at all, leaving the wheat and oats to rot in unharvested fields. Once again, they were placing themselves in conflict with Stalin.

In Moscow, Stalin responded to their unyielding defiance by dictating a policy that would deliberately cause mass starvation and result in the deaths of millions.

By mid 1932, nearly 75 percent of the farms in the Ukraine had been forcibly collectivized. On Stalin’s orders, mandatory quotas of foodstuffs to be shipped out to the Soviet Union were drastically increased in August, October and again in January 1933, until there was simply no food remaining to feed the people of the Ukraine.

Much of the hugely abundant wheat crop harvested by the Ukrainians that year was dumped on the foreign market to generate cash to aid Stalin’s Five Year Plan for the modernization of the Soviet Union and also to help finance his massive military buildup. If the wheat had remained in the Ukraine, it was estimated to have been enough to feed all of the people there for up to two years.

Ukrainian Communists urgently appealed to Moscow for a reduction in the grain quotas and also asked for emergency food aid. Stalin responded by denouncing them and rushed in over 100,000 fiercely loyal Russian soldiers to purge the Ukrainian Communist Party. The Soviets then sealed off the borders of the Ukraine, preventing any food from entering, in effect turning the country into a gigantic concentration camp. Soviet police troops inside the Ukraine also went house to house seizing any stored up food, leaving farm families without a morsel. All food was considered to be the “sacred” property of the State. Anyone caught stealing State property, even an ear of corn or stubble of wheat, could be shot or imprisoned for not less than ten years.

Starvation quickly ensued throughout the Ukraine, with the most vulnerable, children and the elderly, first feeling the effects of malnutrition. The once-smiling young faces of children vanished forever amid the constant pain of hunger. It gnawed away at their bellies, which became grossly swollen, while their arms and legs became like sticks as they slowly starved to death.

Mothers in the countryside sometimes tossed their emaciated children onto passing railroad cars traveling toward cities such as Kiev in the hope someone there would take pity. But in the cities, children and adults who had already flocked there from the countryside were dropping dead in the streets, with their bodies carted away in horse-drawn wagons to be dumped in mass graves. Occasionally, people lying on the sidewalk who were thought to be dead, but were actually still alive, were also carted away and buried…….

They remember what communist rule was like!

Sorry, Bird Man, but I thought it was worth stressing the historical treatment by Stalin, because I think that affects how older Ukrainians think.
Unfortunately the youth do not remember. All they know is that the economy is in trouble and they blame those in Government.

The real common cause of world conflagrations:

http://motherboard.vice.com/blog/a-complex-systems-model-predicted-the-revolutions-sweeping-the-globe-right

demonstrating the real incompetence of governments.

There are increasing reports that the office of HUD is being run as “a criminal enterprise” under Obama with hundreds of billions of dollars disappearing or “unaccounted for.” No audited accounting in 8 years”
Similar lack of accounting in Defense budget.
http://finance.yahoo.com/blogs/daily-ticker/want-cut-government-waste-8-5-trillion-pentagon-142321339.html
For those that forget The day before 9/11, The Pentagon admitted to $4 trillion in “accounting adjustments” i.e. $4 trillion missing in financial statements.
Since 9/11 this has not been accounted for. The excuse being that records were lost in 9/11 pentagon attack.
Believe or not. Coincidence or Crap?
BS, if you ask me.

While everyone wonders and doing their best to use their own wisdom searching
for answers what lies ahead. No, you don’t have to look to far. God has told you
whats coming if you would only listen. The signs are clear as purified water and
examples of societies who were completely destroyed written in Gods Holy Word.

We have a world in which we live now that most have decided they don’t need God
and do whatever they want. Call it rebellion or just failure to have anything to do with
God because they have a better way.

Not only that acting as they have a form of holiness and goodness but possessing few of these quality characteristics. The deceitful ways of man. However, we are all living in sin
and are very thoughts are most of the time sinful.

HERE’S WHY COMPLETE DESTRUCTION OF SOCIETY IS…. GUARANTEED.

God is furious with the fact most refusing to repent and ask for forgiveness of
thier sins. Since society has turned their backs on God there is NO REPENTANCE
OR ASKING FOR FORGIVENESS everything is going to get very chaotic until it burns
to the ground.

God has said it wont change because people will choose the path that leads to
destruction. Also, our world is so very fragile with everything now connected
if one goes down takes everything else down with it.

The lies of the world will continue because not one person alive or that has ever
lived besides Jesus was perfect holy and good. There will not be peace and the
world has now turned their backs on God with very few repenting.

THE VERY WORST IS NOT BEHIND US BUT COMING MOST LIKELY IN THE NEXT FEW
YEARS. Could be even months but its sure to come.

Scoff ..live in disbelief……AT YOUR OWN PERIL

Plato was kinda smart too, I think he wrote about wherever men go they destroy everything.
Julius Ceaser was doing what he could to contain “moneychangers”,
a few years after he died the idea got popular somehow.
Few people ever followed good ol Julius’s example that Im aware of tho.
I guess some people have the gift of seeing the obvious.

If a person doesnt judge he wont get judged.

HH, somebody asked you in an earlier thred’ “who are you argueing with?”
Eons old “pagan” saying, “We are all teachers, and we teach what we know until we’ve learned it”.

oops, sorry.
“oops”, something you dont want to hear under local anesthesetic.