The Global Economic Environment

July 9, 2016

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    Jul 09, 2016 09:02 AM

    Thanks for the Weekend show as always fella’s.
    Really appreciate your efforts !
    Have a great weekend.

      Jul 09, 2016 09:44 AM

      “GRRRRRRRRR”..One day Skeeta, one day I’m going to beat you to it. HaHa

        Jul 09, 2016 09:08 AM

        Yep no doubt….theres always next week Tony… 🙂

          Jul 09, 2016 09:54 AM

          Very good comments by Simon Hunt. He actually knows what’s going on in the world.

          Jul 10, 2016 10:33 AM

          Hey what about me – was away all day Saturday!!!

            Jul 10, 2016 10:09 PM

            BREXIT — Explained and why this is leading the world to destruction.


            Jul 10, 2016 10:06 PM

            Good history lesson for many.

            Jul 10, 2016 10:19 PM

            Comments at 11min would be beneficial to many……Nations

            Jul 10, 2016 10:11 PM

            HH..18:00 big gov’t covetous

            Jul 10, 2016 10:16 PM

            Jerry, here’s another Brexit analysis.

            Dr. Bob Tiel. Highly astute genius IMHO


            Jul 10, 2016 10:30 PM

            The dollar is definitely going to collapse next year.

            ★★2018★★ or before is when PM’s explode.

            Dr. Bob Tiel predicts through the Scriptures 2017
            the dollar collapses. This I totally agree with. Its
            all coming down by 2018. This is the luciferian
            date that has been communicated in ways only
            know to those who have spiritual discernment.
            I have known this for over a year. So PM’s are
            going to be extremely volatile. This is no cake
            walk. Literally a war. Forget mining shares.
            They will not survive the carnage to come.
            Short term, but once this gets nasty, paper will


            The only problem is the world war. Not many will
            survive. Selling PM’s will be very dangerous too.

            This is going to be a war anyway you slice it, if anyone
            can weather it.

            Jul 10, 2016 10:01 PM

            Actually, correction. Dr Bob Tiel says he personally does
            not believe the USDX will collapse anytime soon but Bob
            did say its coming. Safe to say by 2018. The analyst Mr.
            Davidon who predicted accurately many financial woes of
            the past, says next year.

            My research says 2018 around that time as I stated above.

            FWIW — IMHO

            Jul 10, 2016 10:30 PM

            Forgot to mention too, Dr. Bob Tiel says the 7 year tribulation
            could start anytime soon in the next year or so. This lines up
            with Les Feldick who is also saying the same. The most highly
            ointed spiritually in the world are all in agreement. No date setting
            because men of God would never set dates. The bottomline, The
            Church of true sound doctrine believers will be removed just as
            the tribulation starts.

            So, the tribulation could start anytime. If I’m good and prayerfully
            others are too, we won’t be here for the gold explosion to a great
            degree. Nothing to miss, because as The Word states, nothing but
            pain and major human suffering everywhere. However, there will be
            a time in the first 3 1/2 years people will be on a roll who survive.
            Good times so to speak especially if one has physical assets. Its the
            last 3 1/2 years the earth will smolder in a heat of flames.

            Unfortunately, few will escape the 7 year tribulation including myself.

            You are going to have to be really squeaky clean. No one knows the
            threshold but I believe its all about sincere efforts remaining spotless
            and through remissions/prayers.

            Many are called and few are chosen !! Narrow is the way !

    Jul 09, 2016 09:42 AM

    Stated regretfully, there is not one shred of evidence by anyone or the guests who contribute
    their analysis on this site as to future trends. The world is literally falling apart and we are faced with a historical financial collapse coupled with a devastating war all wrapped up into
    a gargantuan crescendo event. Very uninformative and unwilling to disclose the true facts regarding the world we live is entering a chaotic systematic failure leading to dislocation of
    all our lives. The same people who bring us the information and represent the facts have been deceived just as the masses and following the make believe world of illusions and deceptions. DJIA indicator is just a grand deception and anything else the establishment uses to deceive the masses. You, ladies and gentlemen have fallen for this hook, line and
    sinker. Or the guests know much more than they elude to but fail to inform the public because they don’t want to upset anyone. Just like the churches do. They come in uninformed and leave uninformed/deceived.

    Once the gargantuan catastrophic world event takes place just remember that it was on
    your watch and carelessness that contributed to our demise.

    DO NOT COMPLAIN WHEN ALL HOPE HAS EVAPORATED. PM’s in this crisis will not help.

    The trip down is a very long ways from here. Unimaginable human suffering !!

      Jul 09, 2016 09:04 AM

      i would recommend you check out a trend forecaster. I prefer armstrong’s computer.

        Jul 09, 2016 09:22 AM

        You better subscribe. Armstrong has us in a major war cycle and
        financial collapse. His computer you refer to does not publish that
        information for free any longer in most cases.

        Jul 09, 2016 09:12 AM

        Funny, I was going to suggest Celente.

        Jul 17, 2016 17:56 PM

        Good to see real expertise on display. Your cotnuibrtion is most welcome.

      Jul 09, 2016 09:33 AM

      Depends on how you define “future” Jake. There are lots of short-term predictions on this site. If you want a longer prediction, may I borrow from Keynes by saying in the long term we awe all dead anyway. It seems to me we might just as well enjoy our way getting to the long-term, and in that regard short-term predictions serve us well step by step as we go along.

        Jul 09, 2016 09:37 AM

        He apparently hasn’t listened to mine

          Jul 09, 2016 09:01 AM

          Chris, what was yours. Apparently I missed it.

          Do we have lift off in favor of the truth.

          Because, there is little time left.

            Jul 09, 2016 09:43 AM

            I’ve said countless times — whatever near-term trends/profit opportunities might be–that the system none the less is still so evil, top-heavy with debt etc that it could IMPLODE tomorrow…or next week…or, then again, maybe not for quite a while. The apparent difference in our attitudes is that I advocate being prepared if the worst came tomorrow; but after that, taking advantage of the present system as best as one can for as long as we can. I have met too many people over more than 30 years now who have rendered themselves bitter and useless to themselves, their families and their fellow man by being so convinced that the end is nigh that they load up on their gold coins, dried food and guns and sit within their 4 walls, letting dust gather on them waiting for the black helicopters, the “Rapture” or what have you.

            If someone (and I speak for myself) is trying to give people the best advice I can it does not automatically mean that I do not understand and fully appreciate the skyscraper of cards that is our financial system, nor understand the evil antiChrist bastards who run it. I choose to be wise and productive as best as I can, for myself and others — and do not advocate betting everything on an outcome that one day WILL come…but maybe not for a while. After all, one can’t deny that this whole mess has been kept together a lot longer than many thought (and predicted).

            Jul 09, 2016 09:23 AM

            Well said Mr Temple.

            Jul 09, 2016 09:31 AM

            Very true Chris and well said. Not directing any one arguments at yourself.

            However, maybe it’s a good representation of other guests and contributors.
            I can fully understand the concerns and all the false alarms. I can appreciate
            all your words.

            Actually, I am really sympathetic in all these matters and couldn’t agree more.

            Nonetheless, it’s very disturbing how everything has been so misplaced for so
            long and all the false alarms that when the real crisis arrives there a few that
            realize we have a cardiac seizure humanity world event in the not too distant

            It’s always the same in every generation when calamity takes place. It comes
            as a total surprise even when the warnings were heard prior to the destruction.

            Thanks for shedding some light on the matter. It’s just this time is different
            because all the pieces fit perfectly now in this puzzle. Few can discern the
            difference but that’s exactly the reason a catastrophe lies ahead in the not too
            distant future.

            The stage is set and everyone must decide for themselves. The evidence and
            facts are undisputed but all those previous false alarms are confusing the
            populous. Many will stay confused up until the very hour before destruction
            arrives or seconds. It won’t matter what I say because people would rather
            believe the lies. It’s more convenient and they have no spiritual discernment.

            Those who decided to believe the worlds lies, their cries will not be heard in
            the day of the calamities. Those that have an ear, let them hear. Those who
            don’t want to hear, who are the great majority will perish.

            Believe in the truth or perish. Tragically, most will believe in the lies.

            TOTAL DESTRUCTION IS HERE. Its assured and certain. 99 %.

            Jul 09, 2016 09:52 AM

            Chris, here’s a excellent analogy.

            Have you EVER known a gold perma bear buy gold at the
            right time making a fortune. Or would they ever buy gold.

            Answer : No, not even if their life depended on it.

            The same is true for those who consistently listen to the
            worlds lies. Who, by the way are the great majority coming
            in at a very high percentage of around 97%.


            Chris, you can take that to the bank. Only a tiny percentage know what time it is !

          Jul 09, 2016 09:39 AM

          Here’s another take on the inflation/deflation debate. I personally disagree with his statement that there will always be warning enough that we can all step aside to avoid the results. Personally, I think things move fast enough now that we may wake up some morning to a totally different world than that which was with us when we retired the night before.

            Jul 09, 2016 09:03 AM

            I saw that article, by Saville on Goldseek a couple of days ago and agree. Thanks for ousting
            , Silver dollar.

            Jul 09, 2016 09:04 AM

            iPad Incorrecting again posting not ousting!

        Jul 09, 2016 09:48 AM

        CFS, I’m referring to most likely short term. Within a year or so. Not 5 years from now.

        I don’t think anyone understands. The calamities are here. Thanks for the comments
        CFS. Always enjoy your comments.

        Let me be clear to everyone. This is not directed at you CFS. However, you will be alarmed.

        ■■■■■■■■ ☆☆HERE’S PROOF — THE END OF THE REPUBLIC IS HERE ☆☆■■■■■■■■

        At the 1.45 second mark on the video. Or watch it from the beginning.

        《《《《《《 HOW MUCH MORE SERIOUS CAN THIS BE 》》》》》》》》

        I have much more too. You people have no idea what your in for.


          Jul 09, 2016 09:40 AM

          There is nothing to see here. Just move along folks and hope fate comes through
          like a gambler in a casino.

          Everything is perfectly fine and The Establishment is not promoting a president
          who is not a murderer and law breaker. Has a charity fund that is operating on
          high principal values and integrity. Police officers in America are now at historical
          levels of life preservation. Europeans are flourishing and Russia is not surrounded
          by offensive NATO forces. Moral values through out the world are outstanding.

          LIFE IS GRAND. NO DANGER AHEAD !!! Russia is wimpy and has no nukes !

          Jul 09, 2016 09:43 AM

          Jake, these predictions have been speculated for more than 10 years now…..nobody thought it would last this long. This leads me to believe another 10 years is VERY possible before any collapse.

            Jul 09, 2016 09:03 AM

            Bobby, you are precisely correct. My explanation to Chris T. on this
            forum page will answer any further doubts. Spiritual discernment to
            a greater extent is vital to completing the puzzle to a very complicated
            matter. Judgment has arrived and few are able to figure out what time
            it really is. Everyone has a responsibility to manage their life in a direction
            so they do not perish.

            Jul 09, 2016 09:45 AM

            Don’t believe either that O was joking. Thats how they send out
            messages to the rest of the demonic crowd and they turn things
            upside down.

            America is going to be destroyed just as promised. Its unfolding
            right here and now. Trump might throw in the presidency because
            his life is in very great danger.

            Its all extremely corrupt our leaders and the people. We are standing
            on the edge of a cliff and destruction is here.

          Jul 09, 2016 09:52 AM

          The end of the republic was in the 1800s. Glad you just noticed.
          The US has been controlled by oligarchs for over 150 years.

            Jul 09, 2016 09:04 PM

            True Chartster, although many of us have been
            prospering during all those years you refer to.

            All that, is going to change dramatically. Not
            going to elaborate on the specifics but our
            future is not even remotely close to what we
            have now. Human pain and suffering will be
            significantly very tragic.

            Everyone must believe what they deem to be
            true. My opinion and evidence is stacking up
            daily in my favor. Unfortunately !

            Jul 09, 2016 09:39 PM

            It’s certainly heating up in the geopolital landscape with the district of criminals. They all have gotten so desperate that the carelessness of criminality is front and center, even to the most brainwashed.
            The US might be in for some tough times for a little while, but it should all shake out and get better. I got faith in the American people. The tireless minority is becoming the majority. But there is absolutely no doubt, 2016 is when rubber meets the road between the people and the district of criminals!

            Jul 09, 2016 09:37 PM

            I’m sorry Chartster, that’s a big crap shoot at best.

            The place is smelled up with despicable rouse
            moral indignation.

            We are on the road to the bottomless pit. The
            journey has just begun.

            Like everyone, we are all entitled to our own
            opinions. Wish you the best on whatever road
            you decide to choose. The higher road is the
            choice of Champions. Do not be deceived by
            anyone because we are now in the age of deceit.

            Jul 09, 2016 09:11 PM

            Age of Grace……

            Jul 09, 2016 09:06 PM

            Are you carrying your cross to the site Jerry ?

            If not, the only thing you have is old age.

            You do have my blessings though !

            Tony sends you a big hug & x .

            ( Should not hurt, but help )

            Happy Weekend !! Cross in hand or no grace !

            Jul 10, 2016 10:19 AM

            The strong delusion is already here. We are in
            a time of great deceit.

            The age of deceit. !


            At the 12.30 minute mark.

            Jul 10, 2016 10:55 AM

            Regarding grace.

            Rightly divide The Word.


            Jul 10, 2016 10:26 AM

            Jerry, light has no fellowship with darkness.

            2 Corinthians 6 – 14


            Anyone who does otherwise, lives in sin and lies.

            Jul 10, 2016 10:08 PM

            Thanks for the reminder

            Jul 10, 2016 10:12 PM

            HH….Thanks ,really some great post

            Jul 10, 2016 10:09 PM

            Thanks Jerry. Glad you enjoyed.

            The one thing that really stands
            out right now is we are already
            seeing the strong delusion that’s
            kicking in.

            A switch has been disabled by the
            creator because those who have
            refused the truth so many times.

            It was written and now coming to
            pass. Only its going to increase
            with intensity. They are on the
            broad road and that’s why its
            important to stay sober and alert.

            Even the very Elect, will be deceived.

            We need to stay vigilant ! The road is
            very narrow that leads to paradise.

      Jul 09, 2016 09:44 AM

      A nation addicted to pot, porn and “planned parenthood” will be purged. Real wealth is held in common, but not in the communist way that abolishes private property. When the masses and middle class have destroyed themselves (God is destroying them), there will be nothing to buy with silver and gold but a few crumbs of bread. Repent and maybe He will let you live, for truly you will not prosper.

        Jul 09, 2016 09:55 AM

        That’s exactly whats coming. Its here. We have a Jihad on Pennsylvania Ave.

        I have proof for that too. He was installed by God for a nation of children who
        are the disobedient. Judgment has been entered and O knows exactly what
        he is doing.

        He has morally destroyed this nation now and he knows what comes next.

        DESTRUCTION !! Come on folks, we are at the end of the road. Its obvious.

          Jul 09, 2016 09:35 AM

          At first I got a good giggle from those two posts.
 guys really are serious.

          Religion converstaion seems to go round and round, all the “god of abraham” guys figure they got it figured, whichever group it is, inclusive of all the jews,christians,moslems or all their numerous differant sects.

          Well,maybe one of these groups do, maybe they all somehow do, I have zero idea, but it does occur to me, you guys might be a bit happier speaking with people that are “into” your topic.

          I think this place got your message long ago, and very appreciative im certain the people are.

          Bet I just waisted my breath, lol.

            Jul 09, 2016 09:52 AM


            Jul 09, 2016 09:04 PM

            You got a good giggle? You observed an incongruity between the true and the false? So you do presume to know what is true, despite the passive language: “seems,” “whichever,” “maybe,” “I have zero idea,” “might,” “I just wasted my breath.”
            You definitely have your feet firmly planted in midair. Watch out below.

            Jul 09, 2016 09:06 PM

            Many don’t have gold. But gold has them.

            Jul 09, 2016 09:27 PM

            Only those words could be accomplished, through and
            inspired by God.

            I pray people realize and this is no offense to anyone that
            we are in highly dangerous perilous times.

            America and the world has already entered into judgment.

            Just please remind yourselves this is not something to be
            ignorant and passively not to be taken seriously.

            What’s coming are very tragic calamities. Please stay alert
            and aware.

            Jul 09, 2016 09:58 PM

            Actualy my giggle began with a nation addicted to pot.

            Jul 09, 2016 09:09 PM

            Whacko Tabacho !

      Jul 09, 2016 09:51 AM


      “All hope has evaporated” ONLY if a person does not have Jesus in their corner.

      No Jesus = No hope
      Know Jesus = Absolute hope.

        Jul 09, 2016 09:59 AM

        Sorry, should have been more specific.

        Absolutely !! Problem many or very high
        percentage do not. Plus, its better you
        mention it because I can’t place it under
        everyone’s noses. I try and get them to
        think without causing hostilities.

    Jul 09, 2016 09:15 AM

    I don’t know if I agree with Mr. Hunt! China will not allow the dollar to collapse or drive down the dollar UNTIL China’ economy is economically stable. As long as it is dependent on exports, it cannot afford to allow the RMB to rise too much. As the world goes into depression, Chinese exports will decline. It would be shooting itself in the foot for China to add a rising RMB to that. China will only allow an increase in price IF the USA IS STUPID ENOUGH to get militarily involved.

    Jul 09, 2016 09:40 AM

    Cory Segment 3- CXO- Colorado Resourses-The interview must have been taped ar a much earlier date? Closed friday at .56 cents.

    Jul 09, 2016 09:41 AM

    Re: segment 4. XAU.V is a great symbol.
    There is anecdotal evidence of central banks propping up banks with derivative problems, both in the US and in Europe. (Evidence being found in central bank balance statements!)
    Muddling through for as long as possible, rather than allow a system collapse.

    Jul 09, 2016 09:15 AM

    The High Cost Of Living, this is something that everyone understands. The family income is dwindling as prices rise. Everything is going up food, rent, clothing, and taxes etc. Mr. Jones is hoping for an increase in salary to cope with the added burden these prices cause.

    Mr. and Mrs. Jones don’t understand what deflation is and how the debt causes most if not all of our problems. We need to teach financial terms like wealth transfer and economics in school starting in the primary grades and continue this through secondary school. Where I live unless, you take specific courses after high school these subjects are never taught. For something that is so important it is a shame and a blight on our educational system.

      Jul 09, 2016 09:26 AM

      I think you have missed the point of public (government) education. The educational system has functioned as it was intended. When you follow Karl Marx, you get Communism (including the abolition of private property or the end of personal wealth). But then, those who reject God will follow anybody and believe anything. “Don’t make idols” applies today every bit as much as it applied in Moses’ day. We need to analyze the bible, not charts.

      Jul 09, 2016 09:29 AM

      Take something as seemingly simple as negative interest rates, this entails so many effects on our economy but unless you are taught about it or read it on your own for most people it is meaningless. For instance if a corporation has a profit and they can lend that money out at nine to twelve per cent isn’t that a much better situation than letting them borrow money at zero interest to buy back their shares. Why?

      Jul 09, 2016 09:50 AM

      DT, when economics courses are taught in schools or universities, they are always Keynes-based!
      US debt will be $ 20 trillion by the time the administration changes, if it does.

      Rick talks about debt deflation, but has anything one thought what happens IF debt is deflated? Pensions are already having problems with generating cash flow, but what happens if their capital is depleted by deflating debt? Can any government survive a debt deflation? I suspect not without coercive measures. (Is that why Homeland Security ordered 1.7 billion hollow-tip rounds and appears to be building fema camps?
      Can a New Democrat administration add in another $ trillion in student loan forgiveness?
      And we have a world dreppression coming!
      My guess is the world will continue printing at an ever increasing rate.
      My guess is that central banks will collude together and produce balance accounting that is pure fiction. We have had examples of banana republics (Zimbabwe, Agentina) printing currencies to extinction, but never a Reserve currency doing so. (The closest being debasing in the Roman Empire)
      While minor currency destruction by hyperinflation happens quickly once one gets to a tipping point (Weimar and Zimbabwe), I suspect that for a reserve currency, it will happen much more slowly than anyone realizes….. A muddling through as Mauldin calls it.
      Pricing theory (supply-demand) ALWAYS implies that at a quasi-equilibrium, prices for a LIMITED supply must rise with an UNLIMITED money increase. I think Chris is closer to predicting the future than Rick.
      Can an asset bust occur if the money-supply is endlessly increased?
      Can the money-supply be endlessly increased? That is the real question.

      Jul 09, 2016 09:45 AM

      Sure we should DT, but that stuff was removed intentionaly.
      J Rickard says he was the last group that studied gold in his univercity economics.

      My employer pension has nothing to do with gold, we have a choice of 5 “scenarios”. with zero gold, you can see the people making the decisions upon the funds creation had no idea about gold.

      All them univercity educated types. lol

    Jul 09, 2016 09:40 AM

    Excellent show!

    Jul 09, 2016 09:17 AM

    Many commentators look at interest rates and make linear extrapolations.
    They justified further dropping interest rates, because they assume that the promise of capital gains will drive more and more money into bonds.
    Right now it is clear that if rates did not continue to fall that the rush to the exits would be massive and the lack of liquidity could result in a systemic collapse.
    The pundits all seem to say that QE has ended, but can that be true or did it just go into “stealth” mode.?
    In Japan I don’t believe anyone would deny that QE Ppersists. The US is following the Japanese model. Does anyone doubt that the consequence of US policy will rhyme?

    Jul 09, 2016 09:24 AM

    Many commentators look at interest rates and make linear extrapolations.
    They justified further dropping interest rates, because they assume that the promise of capital gains will drive more and more money into bonds.
    Right now it is clear that if rates did not continue to fall that the rush to the exits would be massive and the lack of liquidity could result in a systemic collapse.
    The pundits all seem to say that QE has ended, but can that be true or did it just go into “stealth” mode.?
    In Japan I don’t believe anyone would deny that QE Persists.
    The US is following the Japanese model. Does anyone doubt that the consequence of US policy will rhyme?

    Jul 09, 2016 09:41 AM

    The problem with Puplava’s analysis and many other brokers is that they talk their books.

    He is right in saying there is a pension/retirement problem.
    (But Puplava will never admit that in tetirement it will be necessary to draw down on saved capital.)
    Mr. Dent goes to the other extreme, and takes an extremely pessimistic view because of demographics.

    I believe the truth lies somewhere in between these extremes.

    Jul 09, 2016 09:44 AM

    A great message for generation snowflake…

      Jul 09, 2016 09:58 AM

      Matthew, it is still much too early to know if Brexit will occur.

      Opinions in this case are over-priced at 2 cents.
      The general public is fickle, and can and will be swayed by propaganda and economics.
      The shackles of bondage or slavery are not easily shed.

    Jul 09, 2016 09:11 AM

    State Department Reopens Investigation

    Just 18 days before the Democratic National Convention is set to convene in Philadelphia, where delegates and superdelegates will select the presidential candidate in one of the most critical elections in U.S. history — coming amidst signs of slowing economic growth and financial stresses where a strong, trusted leader will be needed to steer the country through major headwinds — the House Oversight and Government Reform Committee delivered Hillary Clinton’s campaign a day from hell yesterday.

      Jul 09, 2016 09:02 PM

      It would be more promising if the Justice Dept. or the I.R.S. opened an investigation of the Clinton Foundation, but hell will freeze over before that happens.

    Jul 09, 2016 09:14 AM

    I saw that, I wonder if it means anything.

    Jul 09, 2016 09:18 PM

    Re. Brent Cook segment:
    Mariana is only aim listed! In that case what is MRLDF ?

    Is that a different stock ?
    That is why folks should always give ticker symbols when discussing stocks, even if Aim listed.

      Jul 09, 2016 09:24 PM
      Sure looks like the company Cook was discussing.

        Jul 09, 2016 09:30 PM


        Time Price Shares Exch/Mkt..
        07/07/2016 3:51 PM EDT 0.86 1000 OTO
        07/07/2016 3:52 PM EDT 0.84 10000 OTO
        07/07/2016 3:52 PM EDT 0.84 1100 OTO
        07/07/2016 3:52 PM EDT 0.84 2000 OTO
        07/07/2016 3:52 PM EDT 0.85 2000 OTO
        07/07/2016 3:52 PM EDT 0.85 3333 OTO
        07/07/2016 3:52 PM EDT 0.85 2000 OTO
        07/07/2016 3:52 PM EDT 0.85 10000 OTO
        07/07/2016 3:53 PM EDT 0.82 1000 OTO
        07/07/2016 3:53 PM EDT 0.82 1000 OTO
        07/07/2016 3:53 PM EDT 0.82 2500 OTO
        07/07/2016 3:53 PM EDT 0.83 1000 OTO
        07/07/2016 3:53 PM EDT 0.83 1500 OTO
        Thinly traded, but active.

      Jul 09, 2016 09:42 PM
    Jul 09, 2016 09:57 PM

    Great program.
    So, if I understand correctly, the world will continue to flow into gold, mining shares, the US dollar, and the US 30 year T-bonds?
    Any other areas worth considering?
    Thanks to all.

      Jul 09, 2016 09:46 PM

      Bob McCleary


      Lego a ‘better investment than shares and gold’ – The Telegraph
      Dec 24, 2015 – The average Lego set has increased in value 12 per cent each year since

      Also, Lego is actually a very small market, if only 1% of investers move into Lego we can expect Lego sets to be worth thousands, imagine the hoover dam thru a garden hose.

    Jul 09, 2016 09:11 PM

    Rick and many others have a very deflationary outlook.
    I make it no secret,I disagree. It seems that the idea that deflation will persist and that bond yields will go down forever just might be consensus thinking. I tend to ask, “what if” or “why” until I can find a logical contrarian position. It usually means I’m often at least six months too soon in spotting a change, but at least it stops me from making only linear extrapolations. I think inflation is coming and that there’s a endless supply of bonds coming no matter who gets elected and it’s going to take most investors completely by surprise.
    How High Will Gold Go?
    You have to be careful about making extreme predictions about gold or you will get maligned as some kind of doomsday-prepping, knuckle-dragging nut-case.
    The fundamental argument for gold, however, is pretty strong these days. The alternative is government bonds that yield nothing (or less than nothing) and that will probably never be repaid.
    Or stocks, which are currently expensive.
    Gold bugs like to talk about the endgame. So let’s talk about the endgame.
    The US has a 103% debt-to-GDP ratio. It’ll go up cdonsiderably under either Trump or Clinton. Neither has any intention of reducing national debt……rather their promises will actually exascerbate it.
    Japan’s debt to GDP is about 240% or so.
    Italy is at 170%.
    There really isn’t any chance that Japan is going to pay you back, or Italy, or even the US, once you take out-of-control entitlements into account.
    So what are the options here?
    Default? Really! Think of the consequences.
    Extend and pretend. For how long is that possible? I don’t know, but it will be tried for as long as possible.
    Inflate? This is the time-tested way out. The only question is how to get there.
    Nobody is going to default here. You want to talk about Financial Armageddon, that would be it.
    Greece hasn’t had a lot of luck with extending and pretending. They’re in this sort of endless depression.
    No. I believe MOST CENTRAL BANKS WILL COLLUDE, and find a way to produce inflation. All iare going to inflate, which is the stealth way to default. There has already been open discussion about helicopter money in Japan. That won’t happen in an isolated country, but by collusion of governments (including ours) with hopeless fiscal situations, which are able to basically get paid to issue debt that has zero chance of being repaid in undepreciated currency, it will happen.
    Somehow bonds are considered a “safe haven,” but it appears gold is calling the BS.
    Time will tell.

    The only candidate campaigning on a platform of deficit reduction is Gary Johnson. But In a country dominated by the 2 Party system, nobody seems to care.
    With money, not safe in the banking system, gold and other precious metals seem to be the only alternative.

    Jul 09, 2016 09:02 PM

    Let me express in an entirely different way….
    FACT. We know there has been excess money creation.
    Where has most of that money gone to? Answer: Banks and the top 1%
    What do banks and the top 1% like to buy? I.e. where will prices inflate?
    Answer: Bonds, stocks, high value art, etc…
    So what has gone up in price? Bonds, stocks, high value art, etc.

    Now if the central bank gives money to the general public, what should go up in price?

    Perhaps, everything……i.e. We get price inflation.

    We need the Central Banks to collude in order to not have individual country currency destruction.

    Please note, I’m not saying anything about the merits of such behavior.

    Jul 09, 2016 09:11 PM

    It’s over Jerry !!

    Hot off the press today ..

    X22 Report. Its the Bill Holter SMACK DOWN !

    You were warned buddy !

      Jul 09, 2016 09:14 PM

      But they have been trying a takedown for over a week……with little effect.

      For the July gold contract month, we had 4 notices served upon for 400 ounces. The total number of notices filed so far for delivery: 4047 for 404,700 oz or 12.587 tonnes

      In silver we had 117 notices served upon for 585,000 oz. The total number of notices filed so far this month for delivery: 1055 for 5,275,000 oz

      They are losing physical metals.

      If (and I don’t know the answer yet) China continues to but on Sunday night as they did last Sunday, then a difficult choice will be made by the bullion banks.
      Either allow price rises now and lose money, or lower the price and potentially run out of physical….which would probably trigger a much bigger eventual rise than allowing slow rises now. Monday could be volatile.
      Movement in the futures market indicate that producers are hedging, which is worrisome to gold bugs.

        Jul 09, 2016 09:16 PM

        The number of contracts above was from Harvey Organ’s blog.

    Jul 09, 2016 09:18 PM

    CFS, they keep talking about a recession coming oh excuse me The Great Recession, I think what we are seeing is a replay of the nineteen 30’s when we had a deflationary depression called ” The Great Depression”. The economists have forgotten the “D’ word, how convenient. This might have been avoided if The Fed had only left the system alone to correct and cleanse itself in 2008. DT

      Jul 09, 2016 09:28 PM

      The market in my mind has not only discounted the future but also the hereafter. The problems of The Federal Reserve is not that they hadn’t done enough as in 1929 but instead they have gone the other route and have done way too much. DT

        Jul 09, 2016 09:31 PM

        One might conclude that The Federal Reserve has outlived it’s usefulness if indeed it was ever needed. DT

          Jul 09, 2016 09:47 PM

          I tend to agree with you, DT, but it’s hard to go back in time and have a do-over. So they will try to muddle on until they can’t.

          Jul 09, 2016 09:52 PM

          WW3 will solve everything D.T.

          Mother Earth will finally be cleansed. You won’t have to
          lift a finger or do anything thereafter. GREENPEACE !

    Jul 09, 2016 09:15 PM

    MORE PROOF. 911 was a luciferian sacrifice.

    The next blood sacrifice is WW3.

    Courtesy of The Elite Free Masons.

    You don’t know that, you know now !

    Its approaching quickly and could happen
    anytime. People are going to find out just
    how wicked and evil this world is.

    This will drawf WW2. Billions will perish
    and untold collateral damages and recovery
    is not an option.

    No fear porn here. These events to come are
    true facts and soon to come to pass.

    Jul 10, 2016 10:56 AM
    Jul 10, 2016 10:51 AM

    AGC looking strong. Worth a look

    Jul 10, 2016 10:26 AM

    If you have information and knowledge, please give it.
    If you are just touting a stock because you own it. Please stop.

    Jul 10, 2016 10:55 AM

    Just trying to help others. It will be one of the lowest cost producers out there. Very few shares out. News on updated resource estimate and updated PFS is coming.

      Jul 10, 2016 10:09 AM

      Thanks, Ronny, it helps a lot to back up comments wth facts. Some of us will poor memories need to be reminded.

      The European banking crisis is looking bad.
      Zero hedge is talking about crisis with DeutscheBank.

      Remember Italy change the rules a week ago to forbid shorting on bank stocks. Even that did not help!
      Take a look at the last month of the stocks of the oldest Italian bank, which is also traded in the US.
      Banca Monte dei Paschi di Siena SPA (BMDPF)
      Even without shorting, this bank does not look like it can survive to me.

    Jul 10, 2016 10:07 AM

    Gary Savage comments on Segment 8….from Kitco site:

    Jul 10, 2016 10:28 AM

    Gary likes to talk his book, and, of course, he’s right for now.
    But prediction is a hard task master.
    Right now the average P/E ratio of the S&P needs to drop by over 40% in order to return to the historical norm.
    Can the market go parabolic up? Of course.
    Is it probable? I don’t think so.
    But I’m just an over-educated academic.
    Listen to the second half of this macro voices interview which explains money-creation theory and the zombie economy of Japan.

    Unfortunately, central banks believe Keynes.

    Jul 10, 2016 10:24 AM

    The Hyperinflation & Deflation Arguments are Both Wrong
    From Steve Saville.

    Jul 10, 2016 10:25 AM

    The Hyperinflation & Deflation Arguments are Both Wrong

    Is from the daily gold

    Jul 10, 2016 10:34 AM

    One of the things that you see ignored in discussions about how great gold miners are doing, is how uniquely bad and underperforming bear fund ETFs have been in the gold space. What would add to the rally in gold mining assets is the abject failure of ETFs like DUST.

    ETFs holding only short positions against gold miners don’t hold any real assets, such as a gold mining stock, only futures and derivatives such as equity swaps held against stock prices.

    They reverse split once already 10:1, they may have to again to maintain the ETF price.

    Jul 10, 2016 10:56 AM

    The six biggest UK Property funds have now frozen redemptions…..that HALF of all by capitalization.
    Good luck for return of your money in this case. And I thought using mutual funds spread risk!
    Of course, property investments have been very significant for banks, insurance companies and hedge funds in the UK.

      Jul 10, 2016 10:38 PM

      Sounds like for sale signs are going to popping up all over London!
      The sellers are somewhat motivated!

    Jul 10, 2016 10:57 AM

    That should be that’s

    Jul 10, 2016 10:24 PM

    Rick Rule plugging the Vancouver conference +

    Jul 11, 2016 11:21 AM

    Brain Candy……
    A rare read… I actually printed this article out so I can re-read it with my morning coffee;

    Jul 11, 2016 11:24 AM

    Here we go again…helicopter money unleashed, stocks loving it.

    Gold getting bombed, the same old theme like we saw for 4 years, who needs gold when we can have one big stock party.

    Let’s get the party started, let’s get the party started

    Jul 11, 2016 11:01 AM

    But, it’s different this time. Gold is being bombed with Pt, Pd and Ag up……means the gold price will NOT be kept down long!

    Jul 11, 2016 11:46 AM

    NDM -TSX, has been exploding, the only reason I can see is if the gov’t changes investors are hoping the environmental restrictions will be lifted.

      Jul 11, 2016 11:54 AM

      There is an appeal going on isn’t there?
      I seem to remember one of the executives of NDM saying that eventually they expected to get permission, despite current complaints that fish might be affected.

      Jul 11, 2016 11:25 AM

      Also, DT, I seem to recall a comment being made (their CFO ?) saying that they would be funding the project AFTER copper was back in shortage and up in price……which would make life easier.

        Jul 11, 2016 11:41 AM

        NDM, Over 100 million ounces of gold and 55 billion lbs of copper, plus many other metals! YOWZER!

    Jul 11, 2016 11:18 AM

    Theresa May will be the new PM in just two days….on Wednesday. She will take a while before she is up to speed, but is expected to activate paragraph 50 of the Lisbon Treaty soon.

    Jul 11, 2016 11:32 AM

    Coming to a neighborhood near you?

    Kill by drone!

    Ethically, that makes me pause and question.
    Seems on the face of it, to be unconstitutional…….whatever happened to fair trial, before guilt judgment and death?

    Jul 11, 2016 11:45 AM

    One ETF I have not seen mentioned on this blog before, GDJJ, an ultra-gold juniors ETF.

    Not a recommendation, just information.