Chris and Big Al discuss the markets.
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How to spot a SilverBug in a public place, he has 1 hand on his wallet, 1 hand on the bible and he is staring into space…..lol
No, that would be a gold bug…….Silver is only for token believers……..
How many times in the past 3 years has KWN come out with that same utter BS?
When KWN is off the air, the next gold and silver bull market will start. Until then , the suckers are all listening to KWN etc and they need to be flushed.
i’m not a silver bug by the way but I still have some silver, not much though.
Al, don’t lose Mr. Temple’s commentary. Simply the best you’ve ever had on KR
Thanks, Martin! I call ’em as I see ’em, and simply try to impart knowledge, as opposed to mere information
I think Chris is spot on…
Fed officials and the Congress are going to continue to print and spend and this is long-term supportive for the precious metals. We don’t need a left field event like Ukraine to propel the gold market.
That is a side show in the long run scheme of things, though it re-emphasizes that the world continues to be a dangerous place and subject to crisis (which again, is supportive of hard assets).
As I listen to Ms. Yellen’s testimony, it is very much a continuation of the blather from her predecessors. They continue to lie about strength in the economy and this is demonstrated by their reluctance to abandon emergency measures.
If the economy was truly growing — organically — there would be no need for the zero interest rate policy, a 4 trillion dollar Fed balance sheet, or hundreds of billions in deficit spending. Remove the props and we are in a depression and they know it.
Much like Japan, they have boxed themselves in to permanent emergency measures.
So, on a day when the mining stocks are getting whacked, it stings. But I know what I own. As I looked through the portfolio of juniors this morning, it occurs to me that sometime downstream (during the next bull market in mining stocks), a number of these juniors are going to have DAILY price gains which equal their current TOTAL market cap.
Dollar stocks that will go up a dollar a day, day after day. I’m going to keep focused on that and ignore the B.S.
Yes, it’s “Inflate or die” — The pattern of things — barring a final, total implosion or something else that forces a do-over — will be much the same as it’s been for the last generation or so. Most everything will rise in price; all a consequence of ongoing money printing. The story won’t be that the Dow crashes to 3,000, gold to $400 per ounce or any of that silliness. More so, the story will be that, a generation from now, the Dow might be 50,000…but won’t buy what the Dow at 16,000 will today.
Right on Chris, Sept 2011 sell gold and buy the DOW…you’d be up 65% well ahead of inflation
“Maybe someone at the Fed is surreptitiously getting my newsletter”
Of course they read your newsletter Chris. Both government and Fed intelligence gathering on the opinions and attitudes of the investor community means they will pay close attention to what key writers say and do. Someone as thoughtful and intelligent as yourself would not be overlooked.
Well, the FBI and NSA watching goes without saying…wondering how much the crew at the Fed understands, though. Of course, my comment was tongue-in-cheek.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/7_Silver_To_Skyrocket_After_Hitting_Most_Oversold_Level_In_History.html silver is the buy of the decade…so they say. but nobody cares!