How the Government Deceives us on Inflation, as Rents and Housing Costs Soar
This is an interesting post on how the government is managing to cover up the inflation in housing rents. By keeping the housing rent number low the overall CPI, which has a weight in the CPI of about 30%, the final number is much lower than reality. This is still just one component to the equation however it is another sign that the numbers released by the Bureau of Labor Statistics can not be taken at face value.
I believe any decline in the equities market
serious or not, is healthy for PM’S.
In fact, the correlation is not that strong. Its
much better for gold with stock market at
historical highs because inflation always follows.
This is a fact.
If its serious decline then maybe initial down
then strong move up.
Sure, if equities decline we will experience
softness in PM’s. Very short lived and shallow
declines. This is in a normal decline in equities.
Why, first off gold is coming off very over sold
levels and bear market lows.
If this was not the case gold would be in trouble.
In 08 gold was not selling at bear market lows.
The HUI was hoovering in at 400 or so.
Completely different circumstances.
Gold at bear market lows will love trouble in
the stock market.
Kissing the golden goose farwell is most likely
a tragic financial oversight.
We went through the gold bust. Gold booms
don’t come often.
HANG ON TO THAT GOLDEN GOOSE.
Feed it, fondle it and hang on to it.
Gold looks extremely promising. Don’t be hood winked.
I’m not claiming to be a gold maverick. However, this
market is not going to fool me. Not bloggers, analysts
or anyone else that wants to B.S. me
MAYBE YOU !!!!!
No one B.S.’s me. Especially with gold.
Hear me out…..I WILL WIN NO MATTER WHAT !!!!!!!!
Won’t be the last war I won. Gold bears don’t scare me.
NOT AT ALL !!!!!
I think you better rest up for next week…JAMES.
I’m almost ready for another round.
THE GOLD BEAR IS DEAD. (in hope these 2 quotes help matters along)
THE GOLD BULL LIVES ON.
I’m that Empty Suit….you’re lookin for next week.
See ya at the OK Corral. :◆}
I just listened to Harvey Organ usawatchdog.com
Known about Harvey for long time and always thought
of him as a home garage type operation. Had some
good info but never knew he was so knowledgeable in
gold market.
According to him we will see a huge explosion in prices
very soon.
I do believe there is a chance of an event. Maybe not on that scale
but 2000 could come quick.
Big surprises are coming to the upside. This is why I have major
capitol invested. I’m willing to wait for that event.
ITS VERY POSSIBLE !!!!!! I’m very patient because its going to be big fortunes.
In a very short period of time…WOW…gotta have vision and courage.
tick…tock….bid spike is coming. Thats why I’m in.
That Harvey Organ interview was a joke. He does not know for a fact that gold is going to $5,000 and silver to $200 by the end of this year as he claimed. He does not know how much gold each central bank has or does not have. He is not God is he HH because only God would know all those things. When Greg Hunter questioned him on why gold was going to $5000 this year Harvey Organ could not even give hime a straight answer. You really have some serious problems to promote this nut and it is become more evident with every post you make.
That’s your opinion. You can’t say it won’t hsppen. Jmiller
Why….I was heavily invested in gold shares and this was at the
last quarter of 1999.
Gold rallied 30 percent in 2 days.
I cashed out with a triple on a big investment in 2 days.
BTW, I also captured fortunes later in 2002 in this market.
There is a chance gold could rally quickly to 2000.
I pay my money and take my chances.
I don’t advocate Harvey will be right. Not 10000 or 5000.
I said 2000 maybe. That’s realistic.
STILL JMILLER, I HAVE VISION. THATS HOW PEOPLE MAKE FORTUNES.
How you do it is up to you. None of my business.
Well HH, it is good to know that you are not as crazy as Harvey Organ is.
Thats funny…
You bring up a good point. I think Jmiller anyone who
who speculates for a living in these markets you have
to be a little crazy anyway.
Now you know whether I am or not. Too much is
required. Lots of courage for one. You must keep
your convictions. So if you have close friends they
can ruin great fortunes. Talking down your ideas.
YOU ARE WALKING ON EGG SHELLS ALL THE TIME.
Actually Jmiller as far fetched as Harveys gold comments are it could happen.
I don’t rule it out either.
Why….the United States has exported more gold in the
last 15 years thats been mined and in scrap.
OVER 5000 TONS. This was a few years ago researched
Its known from the government each year what was exported.
Forget the name of the report but its there. I did the research.
2 years ago.
The only place that gold could have came from is the Fed.
FORT KNOX and under the Chase building in New York.
US 8200 tons declared holdings going back 50 years.
SOMETHING IS UP….JMILLER.
If someone is looking up a horses ass probably not. You wouldn’t know it.
Too much horse crap on this board.
BTW….I’m not posting on the other boards.
Too many are deluded with negativity.
Especially those that claim to be gold bulls
and never invest. Waiting for prices that
are never going to come. This is complete
nonsense and its ameteur thinking.
THIS IS A VERY SERIOUS OPPORTUNITY.
I will recluse in here because of the negativity
and the bull crapping on the boards.
I don’t want to read it. Or even think about it.
Any of it is hardly influential for any kind of success.
JUST A DISTRACTION THATS A NUISANCE.
Big nuisance too. I’M IN TO WIN. ….PERIOD !!!!
Harvey is also not connected to coin companies and his website
is not producing propaganda for gold dealer with ads. Very little
if anything. Where is Bill Holter is a gold pumper that benefits
him financially.
Harvey is very sincere. He’s not making any money and benefiting
himself. I have gained much respect for Harvey. I think he has valid
arguments. I do !!!
Ha..haaaaaaaa
A gold permabear will always look good in a gold correction.
Ya gotta love it. They hate gold and never see an up trend or rally.
Hating gold with no end.
Declaring see, I’m a genius I told you gold was going down.
THIS IS HALLERIOUS. …I’m bustin out laughin.
The more it goes down the more negative they become.
CLASSIC…Amateurs. uh …ha..ha.ha. its gonna get bloody man…lol
BTW….This gold permabear behavior has now been
witnessed twice here on the board Dec. 2013 and June 2014.
Gold was going to burn.
This time is no difficult. :◆} not quite guaranteed but almost. I’m betting on it.
Different ….typo. …not difficult. ….
You guys though better watch out…its gonna get bloody in gold..
Its the manipulators. ..gold will be crushed. …lol..
OK…on the main board today weekend show…
They are making fun of the bulls.
Major indicator the bottom is close at hand.
Its everyone jumping in on it bears and bulls alike.
Ya gotta love it.
Also…silver…is being dogged, ditched and spit out by the board.
The odds are very favorable for a tremendous rally.
Not right away maybe but the odds are very high in
the not to distant future.
All the chartists too, are calling everything down into rat holes
A month ago they said gold would continue up. THERE YOU GO !!!!!
You know what heavycrapper James is right. You are a empty suit. If you were standing
in front of a pizza parlor you couldn’t find it.
HH – YOU ARE A REAL IDIOT. the biggest moron on the board.
Golds going to go up…what an idiot.
We are tired of listening to you…go away and shut up for a change.
Especially coming from a pinhead like you. Gold is dead. So are you HH…..
now go and remind yourself everyday just how stupid you really are.
What a moron…..ha…haaaaaaaaaaaaaaaaaaaa DUMB IDIOT !!!!
Gold is finished forever.
“There’s no fever like Gold fever”…LOL
Relax a little Heavy,
Like I’ve said before….we are all on the same side.
Everyone here wants a higher price in PM’s.
Its only the current state of the PM’s that has some of us disagreeing as to whether it will drop lower or raise higher in the coming year/s ?
Whether your feeling bullish or bearish currently doesn’t make anyone a fool or non-believer in PM’s long term.
Sometimes we are ALL guilty of getting too emotional in which ever way we see the Gold price going. Thats what is great about this forum though, some spirited debate….it’d be a pretty boring read if we all believed exactly the same thing every single time.
Regardless of Gold’s current shizen price (& people’s positive/negative short term outlooks) I’m relaxing today too.
Spring has started here & already its giving us some wonderful days, beautiful blue sky & warm enough for t-shirt & shorts.
Watching my younger kids playing football in the backyard whilst trying to avoid the dogs.
later this afternoon I’ll fire up the charcoal pit & put on a leg off lamb & a couple of chickens….& have a couple of beers at the same time.
Gold is an emotional thing for many of us.
But life is good !…..regardless of the current price of gold.
Hope you all have a great weekend 🙂
Cheers.
Skeeta, your quite the guy. Great words of wisdom.
You have a great attitude. Spring you lucky guy.
I love spring. Right now we are heading into fall.
Summer is still great. Hangin at the beach.
Nothin like blue skies and ocean breezes
listening to the waves and seagulls.
LIFE IS GOOD….Skeeta. real happy you are
enjoying life. This gold thing does not affect
my life. Certainly some, but I know what to
expect. Well, I hope so. There’s no guarantees.
Ya Skeeta enjoy yourself. I can never remember
you on here crying the gold blues.
You are a warm hearted guy to communicate with.
And you say what you mean. With respect of coarse.
Its always a pleasure to communicate with you. I sincerely
hope you stay on that steady coarse with your life as you
said in your email. I fully support that outlook in life.
Have a good one Skeeta. Blessings to you and thank you
for all that you share here. I enjoy your posts.
OK…..SALUTE !!!!!!! Cheers mate :◆}
You live on the coast Heavy ? Whereabouts ?
I have family in the US on the east coast.
My family over here mostly live by the coast too.
Most in Jan Juc (thats Bells Beach area if your familiar with the surfing world). They spread down the coast from there to Port Campbell area (the famed rugged coastal 12 Apostle’s area).
Me…LOL.
I’m hour’s from there, I’m up at the bottom of the mountains.
No seagulls, salt spray or bikinis up here.
Its more spiders, snakes, wombats on the road & the occasional intrusive kangaroo around here.
This morning at 6:30 the dogs were going ballistic under my bedroom area. I grabbed a shovel & on hands & knees crawled under there thinking I’ll have to chop up yet another snake. But no, they were circling a very big and extremely distressed blue tongue lizard.
Brought him/her inside for some water & a feed, my youngest kids where beside themselves with how beautiful he/she was.
Nature is a wonderful thing, be it a blue tongue lizard, rolling surf, snow, the call of a bird etc.
A daily Gold price pales in significance.
…….that cr@p aside……GO GOLD !
Ya Skeeta….on the Pacific Coast in Cali…
I know you live in Australia I believe. The Aussies who meet
are very friendly and fun to chat with. Great sense of humor.
Like you Skeeta. Ya but don’t get all puffed up Skeeta..lol
Anyway, you should, much better guy than me.
Surfing, did all mine in Surf City Huntington Beach. Not surfing
anymore just lost my interest. Salt water dries out your skin and
keeping myself preserved. Not sure for what but I guess because
of my heath habits I took it to the next level.
You sound like Crocodile Dundee …man. I love it. Watched all his
movies. Here I am messaging a guy in Australia who probably
wrestles crocodiles. I know some of you mates do.
Your lifestyle is very unique. Australia is a great country. People
are fantastic. Great hearing all the home adventures.
Spring is here for you and your a lucky guy. Nice family life.
Its all good !!! Wholesome activities and little friends to entertain.
Reptiles are way coooool !!! Sounds like fun Skeeta your doing
great keeping gold in perspective. Thats precisely what I would
do. And… That’s what I do !!! ENJOY !!
GOLD TO THE MOON ..Skeeta….just kidding. …lol
Heck no I’m not. Anyway, thanks for the interesting information
on your unique life there in Australia.
Its purdy damn coool man !!! Wishing you a wonderful rest of
your weekend. Right now I’m in here on this board just to get
some peace from the noise on the others. Then shuffling through
the posts to reply to others. NO THANKS !! for other reasons to.
I will be here until this board rolls over and dies. Maybe 5 days.
Catch you on the rebound…skeeta :◆}
NO & I’d have never (nor would I) get near a Croc.
They are more dangerous than the daily gold price.
The Dundee movies were absolute cr@p.
They were entertainment value for the masses only…..much like KWN.
What amazes me about this forum is how many talk about how hard / expensive it is to find Gold etc
Yet none seem to ever go out & do it ?
I take the kids often, depending where we high bank, sluice, pan & use our detectors.
They are young…..but know the value & how hard this stuff is to find more than many on here I’d bet.
Ya Skeeta, those ugly bast. Crocs. look lethal.
I have never been to Australia but seen these
guys on TV with these animal shows in Australia
strong arming crocs. I guess its not a favorite
passion there..lol.
Thats interesting panning gold. They do it here too.
Never done it only at Knotts Berry Farm. Decades ago
when I was in my prime. ..lol.
Gold is going to really shine soon. There is a chance
we could have a complete melt down. The world is very
perilous in my view. In fact, if it happens I’m prepared
spiritually. I won’t say anymore because I believe its
going to be worse than anyone could imagine.
Quite frankly, I don’t care. Got me…reasons for that too.
Heres what I really think at this moment…
THE COYOTE HAS ALREADY GONE OFF THE CLIFF.
We will see though….catch up with you later :◆}
Listening to John Maudlin on KWN while im having my wheaties.
Discusses euro, scotland and other important economic matters.
No gold discussion. He’s not a gold pumper. Sorry, no pie in the sky there.
Harvey though will bring you up to date. Well, I guess a little dreamin is OK.
PIPE DREAMS FOR THE HERD. Big smile when they get done listening only to see
gold crash months later…..lol …
I disagree Big AL …out there in…la..la..land…somewhere.
Oregon nice place if thats where you are.
Of coarse you would probably not tell anyone
if you were in Monte Carlo…lol
You said in your post……you believe all will be well.
My opinion, it means nothing. Still, nothing will be fine.
NOT IN THIS LIFE !!! I believe in the next life.
Maybe thats what you ment. All will be well either way.
I don’t know Big Al, I’m not a mind reader….lol
This conditions in the gold market is what you call a…
SET UP !!!! ha.haaaaaaa ..lol… seriously I laugh because I know their game.
Both the bears and the bulls are going to slaughter.
Bulls not so much but the bears.
The boyz will take it down till all the stops are
ran and then gold will rise like a Phoenix.
Thats how the boyz do business when they know
the price can’t be held down anymore.
Most likely a quick trip down because they don’t
have all the metal to supply the physical market
at lower prices.
Thats why the bulls need to hang on. Its the bears who
will suffer after the final bottom is reached.
Most likely scenario. Gold is going up just not the way people plan.
The conditions are there for a huge rally but very few will participate
in the rally. The set up is there just depends how it plays out exactly.
So it is gold to the moon this could be the mother of all rallies.
WELCOME TO…….. THE GOLD TO THE MOON FORUM !!!!!!!!!!
Unfortunately, few will participate in the rally.
Correction. This could be a SET UP.
We could have already hit bottom.
Bo Polny updated Sept. 14.
States the gold bull is fully intact. We have seen the lows.
Summer is not officially over so we had a little more to go.
2000 gold straight ahead.
Breaking 1240 does not change anything.
Even on the charts my own research HH, we
are sitting on support. From me not Bo.
Bo is not stupid. He has made lots of great
market calls.
Rick Rule is not folding at the knees. For sure.
AND THE FINAL WORD.
GOLD BEARS DON’T SCARE ME.
NOT AT ALL !!!!!!!!
I see the gold bears are a live and well on the board.
These price targets of approx. a 1000 the odds say
its very unlikely. Its all hot air and jaw flappin with
nothing as in evidence/proof its realistic. Not
impossible but the market is not set up to reward
those that pick some number out of thin air.
When and if those targets are reached the same bloggers
who claim to buy at these targets will set new lower prices.
They set these price targets when the gold equities are still
way ahead. Any student of the market would recognize this
divergence and wait to make such claims predicting lower
prices for gold.
However, its fear mongering just to scare the bulls. They
will never admit it. They have no intention of buying gold.
Of coarse, they don’t have the experience in the markets
to make these claims either but pretend to be so knowledgeable.
Its a lot of Wishful thinking and just blowing hot air. Scaring the
bulls.
I heard the same claims from Dec. 2013 and then June 2014 at
at those times it was most intense.
Thats why I post in here because I’m no longer going
to debate it back and forth.
Take note you gold bear pumpers.
THE GOLD BULL LIVES ON.
THE GOLD BEAR IS DEAD.
until the market says otherwise. Until then its all BULL CRAP.
and throw a little horse manure in there too. Its all fear mongering.
GOT YOUR NUMBERS !!!!!
One last thing before I possibly sign off permanently.
Some of these bloggers on here have nothing better
to do with their time and the activities are pure fraud in
some cases.
They are not going to invest in gold. The motivation
and agenda is to disrupt the bulls anyway they can.
Not only that I can assure you their stomachs turn
over with envy if anyone makes money in gold.
This is a dangerous place to make friends and
communicate. They are anxious to discourage
and shake people out of their gold.
The pattern is clear for 9 months I’ve been posting.
Also, anyone who claims to paid 252 for physical
gold is another fraud. I was in the physical gold
market at that time and even large bars didn’t sell
for 252 per oz. Never mind bullion coins.
I WANT AWAY FROM THESE FRAUDSTERS PERMANENTLY.
As if there isn’t an already full plate of devastating factors overhanging an overextended world and its hopeless central banking monoliths, we are also dealing with an ever more contraction in monetary aggregates and illiquid unstable markets.
That defies logic when observing today’s DOW and S&P 500 parabolic advance, but in time it will manifest.
Overwhelmingly strong deflationary forces are well intrenched in all world economies both large and small, thus fosters a destructive feedback loop that will reach a tipping point at some unknown time.
Folks that truly care about remaining solvent through this deflationary contraction more than beating their chest about being right on some talking points, better take seriously a massive liquidity crisis that could mirror closely the events of 2008.
I know many believe such an event cannot take place again.
With QE being tapered, along with the general degradation of economies, funding mechanisms, falling tax receipts and the general dire outliers of bankrupt Gov’s across the globe bodes very poorly for any smooth monetary environment going forward.
I would brace for a second coming of the aforementioned liquidity crisis. Its reappearance even in a less destructive manner will compound and exacerbate an already powerful deflationary construct that will devastate those households and companies that require steady access to cash/debt infusions to stay afloat.
Restructuring ones portfolio to limit companies that operate under these obstacles has never been more paramount.