A closer look at the fallout from a Deutsche Bank collapse
With another slow day ahead of the Fed and BOJ announcements we decide to focus on the Deutsche Bank issues. There have been a number of reports on how bad the bank is looking but the bigger issue is what Germany will do to save Deutsche Bank and what the fallout will be around the world. With how connected the financial world is investors need to look ahead to find where opportunity lies in a bad situation.
Click download link to listen on this device: Download Show
CATASTROPHIC Portuguese economy hits new low as toxic combination to BRING DOWN eurozone
Juncker issues WARNING SHOT to Spain: There will be NO MORE funds if debt isn’t controlled
Thanks for the posts Bob.
time to buckle up~~~~
Plus this is crazy…but worth a few minutes:https://www.youtube.com/watch?v=sdRwikCXZ0s
Hey, more talking about Mr Rogers investing in Russia, he told everyone that about a year ago, maybe more.
He explained his reasoning, just as Bobs book explains, nobody wanted it so it was cheap. lol
Shares in Deutsche Bank just established a new low. What I can see happening is their derivatives are more than 76 trillion, who knows how much they are in hawk, The BIS probably is just relying on Deutsche banks fudged numbers. Their derivative position could well be 100 trillion dollars, there is no transparency anymore until the Bank starts to crack open and the truth comes out. DT
Another excellent show.
Doc…you may have just hit the nail on the head with one specific comment that jumped out at me. Have you got any idea how big a bazooka will be needed to patch a hole in the side of a sinking European banking system?
We are talking trillions here.
If THAT is not in and of itself the number one reason the market will sell off the Euro I don’t know what is. The linkage makes perfect sense now. Deutsche fails, the weak banks fall in dominoes, the ECB rides to the rescue with a MASSIVE intervention and voila!…..Germany ends up getting the exact thing they have been most afraid of since the Weimar Republic. A currency that crashes due to excessive printing by Central authorities.
You are a GENIUS!!!!
And what happens to gold and silver in that scenario Birdman?
You may not want ask advice about the PMs and Miners from a person who has missed the entire 12-month beginning of a bull market.
Just get a coin and flip it.
There was another very interesting interview of Jim Rogers recently on RealvisionTV.
I think 2-3 weeks ago, and about 1hr long if I recall correctly.
Re: Russia, he has indeed been investing there for quite some time now.
LPG
Yes I saw that. Big coupons and, it seems now, big capital growth for anyone who was willing to buy a load of rubble… er, rubles.
“big capital growth for anyone who was willing to buy a load of rubble… er, rubles.”
Good one Tad.
You can invest quite easily in Russia.
I use RSXJ as my vehicle. Not spectacular, but acceptable.
Yep, CFS originally posted that interview with Sophie in Russia recently and Jim Rodgers was all about Russia and other emerging markets that can bounce back.
Here it is again, as it was an entertaining interview with Jim. (Yes he is rocking the bow tie)
_________________________________________________________________________
Published on May 2, 2016
Fed pushing us to financial catastrophe worse than 2008 – billionaire investor.
Since the crash of 2008, the world economy seemed to be slowly getting back on track. However, more and more voices – among our guests as well – are warning the public about a looming cataclysm in the financial world. How damaging will the new collapse be? What is leading the world into a global turmoil? And when the flames rise up, is there going to be anyone this time to pull the international community away from the brink of global war? We ask a legend in the world of investment, a co-founder of Quantum Fund – Jim Rogers is on Sophie&Co today.
Recorded from RT, SophieCo, May 2, 2016
Is Doc in the camp that Fed will raise rates? I head Doc saying that metals will tumble regardless of Fed’s outcome. Is that true?
If I was interested in investing in other markets than Canadian, I would have followed him. Not sure why diversified people wouldnt, Russian markets made him another fortune, then again so did those other Asian markets.
My 3 favorite economics people are Rogers, Faber and Price.
Actually I guess it depends on how much a person has to diversify with.
I may be wrong, but I believe Germany will break DeutscheBank into two banks.
A non-speculative bank (one that handles savings, loans, mortgages) and an investment bank (which speculates in stocks, derivatives, etc.) The investment bank will be re-capitalized, but allow to fail, without bailing in savers, because it will have shareholders, not savers.
I said earlier, I did not think the Germans would let DB go away….
“Allow” should have been “allowed”
I’m using my iPad, while traveling….I forgot how slow this thing is.
Great commentary.
I really like Doc’s comments that there not going to let D.B fail.
A prevailing thought that I keep having is that so many people are aware of the precarious financial position that we are in,the less likely that a collapse will be allowed to happen.
That being said if there is a collective loss of confidence,all bets are off the table.
JohnK, how will they handle the derivatives market Deutsche Bank has, at possibly 100 trillion dollars they will need to print a lot of money and make sure that money get’s into the right places at the right time. I just don’t think that the bumblers that got us into this mess will be able to turn it around soon enough. Then you have China they have some serious concerns of their own, this is not Bear Stearns. DT
Thanks for the come back Dick Tracy.
I am really surprised they have held things together this long.I will be the first to admit that this thing could explode at any given time.I am in a very defensive position at this time and I don’t plan on changing.
I am very confused, I still don’t understand how governments issue debt and central banks buy it alongside corporate debt etc…. does anyone have a good youtube video or something that explains how this is possible without debasing the currency
Nigel,
you could pull up any “Three Stooges” video and get the answer..
Yellen,Draghi,Karoda. TOOOOOO Funny!
Thanks OOTB Jerry and JohnK, maybe we could add a Laurel and Hardy film into the mix….here’s another nice mess you’ve gotten me into !
Forget the past we can’t have 1929 anymore because the system is too dishonest. Do you think that Deutsche Bank can pay out preferred dividends, the securities they have, without profits means the bank is broke. When the Big Bull Market which has covered a multitude of sins starts to collapse they will be gone. Can’t anyone here see or understand that Deutsche Bank is a huge Ponzi scheme. DT
The European Central Banks can’t even solve Greece’s debt problems but the pundits here like Doc think they will be able to deal with Germany when it becomes bankrupt. They will try but this is a joke. What? DT
Off topic.
SAN FRANCISCO STATE BUILDS …Segregated Dorms Where African-Americans Can “Safely Live And Talk”…..Segregated come on…we are going backwards.
Zerohedge
I think Matthew has been treated unfairly, he has only tried to defend himself after repeated attacks from Birdman.DT
With Matthew gone Birdman will turn his vitriol on other posters. DT
Doubtful. There is no conflict with him gone. He is the primary source of hostile aggression here and the first person to start calling names. Shad the excelsior is running to take his place. It is anger out of control with both of them.
Like a couple of children.
Anyway, time to move on Dick. Lets get back to business.
Give us all a break – you’ve never cared about getting down to business. Birdman, do you have any retention skills at all and do you read any of the garbage you write:
— > On August 29, 2016 at 2:21 pm,
Birdman says:
“…Cory is mistaken that this is strictly a finance and investing blog.”
“It has never been that in all the time I have been visiting it and would probably be an utter bore if that’s all it were (no matter how much Shad bleats that’s what it should be).”
“In any case, nobody here has an investment license…..which is why most stock talk on the show is prefaced or followed by words along the lines of “this is not investment advice” or some similar get-out-of-jail-free remark that is designed to allow denying any responsibility in the future for losses people sustained because they believed this was an “investment site”!!!!!!”
“Please Cory…..put your head back on straight. You are inviting problems by calling the show something that it is not. This is an entertainment site. Ask the lawyer if you doubt me.”
You BFF agreed:
On August 29, 2016 at 2:29 pm,
B says:
“Of course its entertainment Bird.”
“I agree with you 100%, plain ol investment talking is plain ol boring.”
_________________________________________________________________________
See Bird – It’s an Entertainment site. The only problem is you’re not entertaining, just a sad old rude dude in Africa. I feel sad for you and anyone that has had to endure a conversation with you. I even feel sad for your turtle, because I believe people do affect their physical space with the energy they emit.
May you find some kind of peace, a way to be more entertaining for the KER audience, and a clue. You must be a lonely old codger.
I completely agree Dick Tracy, and it is sad to see Matthew decide to spend his time elsewhere. Until the Birdman issue is dealt with, like it should have been years ago, and innumerable times on here, then this blog will have this kind of drama.
Look how much better it was once Heavy Hitter, crazy Mark, and Franky Xing/Xang weren’t polluting the blog. Sometimes you need to make a decision and get rid of the problem. Birdman has been the #1 problem with the KER since 2014.
It is just sad that Big Al thinks Birdman can actually play nicely. Big Al – he can’t, and you’ve lost more listeners and blog contributors due to this ding-dong than any another reason. I hope he is worth it.
After 3 years of history, being on here most days, it is clear that all he’ll do is continue to piss everyone off. Until he is jettisoned into outer space, then there is no space on here that he isn’t infecting.
I’m done being angry about it, but I do feel sad for the KER to lose Matthew and so many others because of one rude dude in Africa.
Good luck with your investing everyone.
Cory – you mentioned you couldn’t understand why there was so much disdain for Birdman, but I wonder if you really have read the blog (completely) every day for the last 3 years since he has been on here.
I get the repeated impression that you and Big Al skim the comments, occasionally post a few thoughts, but miss many of the issues that so many raise. I’ve seen posters ask you guys a question 3, 4, 5 times in a row until you suddenly come down and address it (and it seems like you are just reading it for the first time).
There have been a number of times where we’ve all been discussing a company for 6-8 months regularly on the blog (lots of posts from multiple people about company XYZ) , and you’ll go to a conference and interview a company and say you’ve never heard of them or that you don’t know anything about them. If you were reading your blog regularly, that just simply couldn’t be the case.
You know I love you guys, and appreciate the site you created more than most (as it has been a part of my life for 5 years); but I’m simply pointing out that I believe you and Big Al have missed just how ugly it has been and for how long it has been that way. There should have been a moderator on here 3 years ago, as most blogs have them. I realize you both are busy, but if you have a blog and don’t read all the comments each day, then how can you know if a company is being discussed, if a problem is developing, or if someone is asking you a question repeatedly.
In Birdman’s defense, he seems like a smart guy, and sure, he makes interesting economic or political points once in a while, but those pale in comparison to all of the transgressions against so many other posters, special guests, and has a whopping collection of insults, attacks, offensive comments, and twisting of other statements or changing what they said. This all runs in concert with his chest beating about he is the “only one” to figure things out and that “he alone solved the Rubik’s cube of the fall in the Euro”. It would actually be funny if he wasn’t serious and delusional.
People have continually asked why Gary left, and there were a number of factors, but Birdman was one of the root causes, along with the tension between he and Avi. That didn’t stop Birdman from insulting Avi either though. Several times when Big Al originally answered other posters he acted surprised or confused as to why Gary left, but it wasn’t surprising at all to anyone that watched Birdman attack him day after day after day. I honestly don’t believe Big Al even read many of those sparring sessions and just things Bird is nice guy in Africa that’s a bit edgy.
A number of people have asked why Bob Moriarlty doesn’t want to come on any more and do an audio interviews, and it is clearly trolls like Birdman that Bob doesn’t want to have to deal with. Very understandable on Bob’s part. Can you imagine how Birdman would act if Bob was actually on the show being interviewed. I cringe at the thought.
Cory, if you and Al actually were on here on the blog posting daily, reading EVERY comment, and had endure what we had all endured for so long, then it wouldn’t be a surprise at all why there is so much disdain for Birdman.
Skimming the comments and only checking out his long-winded economic diatribes, is not the same as reading each comment and seeing the cumulative damage he has inflicted on this site, towards the gold community, towards the miners (which happen to be the show sponsors), and towards a large amount of the posters on here.
Birdman hasn’t just been rude to Bob Moriarty, Gary Savage, Matthew and myself. He’s been rude to you, he’s been obnoxious towards CFS, he’s been rude towards LPG, he’s been rude to Marc Allen, he’s been rude to Glenfidish, he’s been rude to Brian, he’s been rude to GH, he’s been rude to Dick Tracy, he’s been rude to OOTB Jerry, he’s been rude to Archdeacon Andrew, he’s been rude to Gator, and he’s been rude to countless other new listeners that popped on, got sick of his crap from day one, and left.
Is one rude dude in Africa worth all that?
I have no problem with people being bearish on Gold or Silver, and have made quite a bit of money shorting them myself, but being bearish, and being obnoxious are not the same thing. He revels in calling gold investors idiots, bugtards, clueless, fools, and a whole list of insults, and enjoys it when others lose money and continually claims they all deserve it. If that kind of rhetoric is valuable, then maybe we are in the wrong place.
I apologize to you and to everyone on the blog for going on the offensive with Birdman, but I’m out of ideas, and trust me, IGNORING that guy is NOT an option.
I’ve asked this several times now, and nobody has provided another solution.
**When people on the blog have mosquitoes buzzing around their ears, and they are getting ready to land, suck your blood, and infect you with the Zika Virus, is IGNORING them going to do any good? (let me help with answer — no it won’t).
The only solution to a mosquito that wants to suck your blood and infect you with a virus, is to swat it away or squash it. Ignoring it isn’t an option.
I reached the tipping point with Birdman at the end of last week, when I went back through so many old weekend shows and week day shows and was reminded what a blog mosquito he had been and still is.
Ignoring him was not effective, so I tried swatting him away, but he is stubborn pest.
The only solution left is to squash him, but I realize Big Al is mostly checked out now and only remembers his enjoyable chats with Birdman about politics and economics and misses most of the real drama on here. I also realize through statements that Big Al has made on the audio editorials and when he does write on the blog that he has no intention of squashing the real bug problem on KER.
Again, I apologize for dishing it out to Birdman the last few days, and for being a distraction on the blog, but after years of trying to deal with it diplomatically, there was no other way to escalate the issue to something you had to face directly and pay attention to. It isn’t the kind of grand finale I had in mind for the KER, but I’m done.
Nobody (including me) wants a blog with fighting and insults as it hurts everyone and creates a cesspool of negativity. As you know, and I hope most longer time readers know, I try to offer good investing ideas, treat other posters with respect, thank people for their efforts and contributions, welcome in new contributors, raise ideas to cover on the show, and have been very vocal about staying on task, on subject, and keeping the investing focus the focus.
Suddenly today, Birdman is on the campaign to stay focused on the show subject, and he has flip-flopped from being totally against anyone’s posts being deleted, to the new Sheriff of the PC Police and wants everything deleted now. In addition, he is now telling everyone what they can and can not post like a Hall Monitor.
This is 180 degrees different than countless comments, rants, and attacks he issued against me for years rebelling against staying on task or discussing investing, and he is simply flip-flopping to play devil’s advocate. It’s actually kind of funny in an ironic way.
Regardless, since you and Big Al, don’t seem to have the whole picture, haven’t been on each blog regularly for the last 3 years, then I understand how through lack of reference and only occasionally checking out his more focused economic posts, that you may be unaware of how bad & how long.
Personally, I’m done with it. I know Birdman will celebrate this, but please know it isn’t that he has won any victory, and he has not stood behind what has made this blog great for many years. He will just claim it is better now that Matthew and I are gone. Maybe it will be better, because others may not challenge his ideas or call BS where it should be, but I submit the same effect of “Peace in the Valley” could have been achieved by getting rid of Bird looooong ago.
We’d probably have a more vibrant community and wouldn’t have lost so many good contributors along the way if you guys had axed him back in 2014 and 2015. We’d probably have a more vibrant community if you would have axed him a few months ago. Since that isn’t going to happen, then you can add 2 more contributors to the long list of people that left due to Birdman.
Hopefully, it will be clear why I’ll be spending my time and efforts elsewhere, and I truly hope everyone has a prosperous week and rest of this year in the markets, in health, and in life.
Ever Upward!
Tragic..let me know where you go ,if I do not hear from you. It was a pleasure conversing with you these many years.
Thanks J OOTB. THE LONG……& so on
Well said Ex….I am also fed up with BM and will not waste anymore time on this site…thanks for your informative posts…
Amen Excelsior.
The only thing I disagree with is “Maybe it will be better” now that you and Matthew are gone. You said it all so well, there’s no need for me to say more.
As I said on the other thread:
As long as Birdman is still allowed on this blog, I won’t participate anymore.
My presence here doesn’t matter a fraction as much as that of Matthew or Excelsior, but it’s worth making the statement to Al and Corey. May they eventually see the light.
Best wishes to all of you. Even you, Birdman–you need them most of all.
+1
Oh no… is everyone going ?! 🙁
Very well said,Excelsior,like Jerry said, Tragic…
Excelsior,
You are right about Big Al and Cory don´t read/have the time to read all the comments,i have noticed this many times.
For example i posted the Rambus “End of the World” article september 5, and Cory? found it September 19
On September 5, 2016 at 11:25 am,
Pete says:
http://news.goldseek.com/GoldSeek/1473084900.php
I really hope that you and Matthew are not done on KER,you guys are top-notch.
Ever Upward, Excesior and Matthew !
Thanks for the kind words everybody. Hopefully Cory & Big Al will implement some changes that make the site a better place, and at least for a little while hopefully even the naughty contributors will be on good behavior.
If anyone ever wants to talk stocks you can always find me over at ceo.ca. I’m often in the Silver, Gold, and Zinc rooms. You can always click on my name to message me there in my room.
Wishing you all the success in the world in your investment portfolios and life’s journey.
Cheers!
Come on back, …I’ll help you out, remember you put me on the sidelines. I’ve been really nice the last few months . 🙂
OOTB you’ve always been nice and have been a long time friend her on KER.
I’m not sure I understand the sidelines comment though, you’ve always been on the playing field. 🙂
Overall I’m just done with the BS until it gets addressed for good. I’m sure bird will be on the straight and narrow for a while, but we’ve seen this picture before. He is good for a few weeks, and then the drama starts back. It has wasted so much of my time dealing with him for such a long time I’m just over it, and they haven’t kept him on a leash. He likes to chip away at people taking little stabs here, a few more cheap shots, then his little toadie will weigh in to double-team, etc… until cumulatively it’s a negative experience. We get a good thing going and then he pops in to tear it all down and throw a wet blanket on any enthusiasm. Life’s too short for that.
If you ever want to send me a message just use the link posted up above.
Ever upward!
Thanks for replying EX.
I’ve been here a long time ,and I think I was the first to receive the full dose of Bird flew(flu). So, I can appreciate your view. It is a dang shame that finally we are coming into the next part of the bull , and two of the great assets get chased away.(you & Matt).
I understand and if you must go I hold no I’ll feelings and wish you the best.
..ill..,.dang phone not I’ll
Well Jerry as a final tribute to you and Matthew, I’ll post this blast from the past:
P.S. – It is also a tribute to how long Matthew and I have been discussing Silver miners together. 🙂
___________________________________________________________________________
—> On February 2, 2012 at 12:03 pm, [Ah yes….. back in 2012….before ugly 2013]
Shad says:
“I like Great Panther Silver and Scorpio Mining as silver plays that are still undervalued and are run well with a good share structure.”
—> On February 2, 2012 at 2:32 pm,
Matthew says:
“Great Panther (market cap $376m) has 137M shares out; 142M fully diluted. Scorpio (market cap $431m) has 197M shares out; 213M FD. By Australian standards, these are tight share structures. But by Canadian standards, they’re okay at best in my opinion. For a senior producer, these would be very tight share structures. For instance, Agnico Eagle has 169M shares out but has roughly 20 times the market cap of Great Panther. Endeavor has 3 times the market cap of GPL but only 87M shares out. Alexco (which I own) is 39% larger than GPL, yet has only 60M shares out – well under half as many.”
“Of course, unless you were a shareholder while the share count was rising, valuation is far more important. New investors should decide if they think more dilution is coming soon before taking a position. Look for plenty of cash on hand to fund exploration, development, production, or whatever the case may be. If it’s a producer, a low cash balance isn’t always negative. Just be sure that cash flow is sufficient to cover operations plus whatever else might be planned – mine expansion, exploration, etc.”
“Scorpio does appear to be poised for a move much higher. The chart looks good, and big money came into it on December 16. Volume that day jumped to 13 times its 3 month average to 10.2 million shares, pushing the price up 11.7%. Today’s closing price is still lower than the intra-day that day. I don’t own it, but it looks very appealing to me.”
—-> On February 2, 2012 at 9:14 pm,
Shad says:
“I appreciate your analysis of the companies Matthew and agree Endeavor is another great pick. My general take was that both GPL & Scorpio have producing mines, have done a great deal of work last year to expand mine output, higher grades, other future mines coming on in next 2 years, and they seem to keep the exploration side moving. They are explores with an income stream, and they were oversold at the end of last year so I think they have some room to grow, and if silver keeps on moving higher then their assets in the ground will move the stock. I appreciate your feedback and wish you the best!”
—-> On February 2, 2012 at 4:06 pm,
Jerry O^OTB says:
“Matthew….do you like the stocks better than bullion,( physical)”
—->On February 2, 2012 at 5:22 pm,
Matthew says:
“Hi Jerry,
Assuming that you’re referring to the current potential upside, then yes I do like the stocks better. If we’re talking about safety, then I never ever like the miners more than bullion. Since most of us aren’t usually 100% gambler or 100% risk averse, allocation is probably the big question. Some have said that the gold portion of your portfolio should be comprised of 33% gold/silver bullion, 33% mining stocks, and 33% cash. This doesn’t sound too bad, except that I think the “gold portion” of the portfolio should be the entire portfolio. I don’t see any reason to go into common stocks or real estate before it’s time. Guys like Dave Morgan, rather than just saying “mining stocks”, have differentiated between juniors and seniors. This is the right approach in my opinion. Juniors can be deadly for those who don’t know what they’re looking at. Morgan has said that as little as $20K per $1M should be allocated to the speculative stuff, whereas he says you can put big money into a quality senior. My favorite giant by far is Goldcorp. It has the best growth profile amongst its peers, is very well diversified in the best/safest jurisdictions politically, and has very low production costs. It also mines a lot of silver as well. I don’t currently own it by the way. We all have different objectives/requirements. Those that are only interested in protecting what they have should stick with gold bullion. For those that want a little leverage, the first step out on the risk curve is silver. I want a lot of leverage, so I have more silver than gold, and as of Tuesday, I no longer own a single senior. It’s gold, silver, and juniors for me. I’m currently at 40% bullion and 60% juniors. My smallest junior has a market cap of less than $5M; the largest, $1.4B.”
“I think that we are entering a period similar to late 2000 to late 2003. The seniors quadrupled in gold terms in this period and went up six-fold in dollar terms.”
—-> On February 2, 2012 at 9:22 pm,
Shad says:
“Matthew you are a sharp guy. I also agree in the leverage factor on juniors if you pick quality companies, projects, in good political areas, with strong experience fundamentally. I also agree with Mickey Fulp that in a typical 12-18month period a junior will double in value then retreat back down. Getting in on the right part of the curve, letting it double, selling half the shares at that point to book profits/recover original investment and then speculate with the second half of shares reduces risk.”
“Seniors would be more attractive if they didn’t try to grow so fast in M&A and expansion and took some of their profits to pay their stockholders better dividends. This would add a little more safety to the high-risk nature of mining and attract a different kind of investor looking for dividends. Best to you my good man!”
—–>On February 2, 2012 at 10:12 pm,
Jerry O^OTB says:
“Shad…..I think you can count on Matthew…..for some great info..”
—->On February 2, 2012 at 10:29 pm,
Shad says:
“Agreed. You have great comments regularly as well Jerry O^OTB. By networking and exchanging ideas we all are stronger. Cheers to everyone’s success.”
—->On February 3, 2012 at 7:56 am,
Matthew says:
“Shad, Jerry-
Thank you for the comments.”
—>On February 2, 2012 at 10:08 pm,
Jerry O^OTB says:
‘Hi Matthew….great comments…..
thanks for your insight….just wanted to see where you were, and I would have to
say I agree with you .”
—->On February 4, 2012 at 2:10 am,
MattB says:
GPR revenue:
2006:$7.07 million
2007: $17.5 million
2008: $22.4 million
2009: $31.7 million
2010: $42.2 million
2011: Q1 -$15.5 million
Q2 -$8.8 million
Total: $155.8 million in revenues
$95.5 million raised from the public
Total: $251.3 million in revenue and public monies
Net profits:$6 million-2003 – Q2 2011
—->On February 5, 2012 at 9:31 pm,
Shad says:
“Looks like the revenue trend for GPR/GPL is moving in a good direction. It is also far less per share than some of the larger silver miners, so the opportunity for leverage on smaller moves is there. Yes it’s share structure is not as tight as Endeavor or Alexco but it is still a producing mine, well run, has some healthy improvements/exploration going on and since you can purchase more shares for same money it will multiply returns (% increase easier to achieve on little jumps) and it doesn’t need to replace as much silver as the bigger mines to grow by leaps.”
Ha! A classic dialogue of fine gentlemen. 😉
I just realized at the end there that I had missed those were negative revenues on Great Panther for 2011 and I misinterpreted the numbers on that reply. What a dork I am. Anyway, I feel that is a perfect discussion to end things with here on the KER.
I still have the same philosophy now as I did then, but will be doing it on a different venue moving forward is all.
>On February 2, 2012 at 10:29 pm,
Shad says:
“Agreed. You have great comments regularly as well Jerry O^OTB. By networking and exchanging ideas we all are stronger. Cheers to everyone’s success.”
Thanks for the replay , cheers ,stay frosty 🙂
On the day that Doc goes long the metals, I’ll be getting extremely nervous. May be time to open a short position.
Doc has been long individual miners for a long time,idiot.
Clueless. It means being without a clue.
Fact is, Doc’s call for many many months has been absolutely deplorable. Seems to only be around here to get his doctor’s ego stoked by his apprentice Cory and a few posters who have short memories
If Birdman stays I am joining Matthew, Ex, and all the others that can’t stand him. DT
Germany could not afford to bail out DB BEFORE Merkel inviting 2 million uneconomic economic migrants.
The cost of housing, feeding, clothing, etc those migrants has already added billions of Euros to the German tax-payer every year from now to the year dot.
Meanwhile, Italy, Spain and Portugal have begun to melt down.