A couple of differing opinions. Is Big Al being unrealistic?
Click download link to listen on this device: Download Show
Will the U.S. involvement in The Trans Pacific Partnership go away during the new administration?
There is a shortage of gold in India. Due to Government action.
Cory!
Have you looked at some of the terms of the TPP?
I suspect not. They give power to companies.
i.e. if any company feels it’s profit is hurt by a law adopted in future by a country with which it trades, it has extra-legal capability to extract money damages from the country.
This is an extraordinary power given away!
The US has still not published the full text of the TPP.
(Because it stinks!)
New Zealand, however, has.
The text may be found in pdf form from:
http://tpp.mfat.govt.nz/text
I bring your attention to:
https://www.mfat.govt.nz/assets/_securedfiles/trans-pacific-partnership/text/28.-dispute-settlement-chapter.pdf
In particular to Section 28-9, which occurs on page 28-6
It takes away normal legal rights, in favor of a potentially biased panel.
We are talking , perhaps a bit simplistically, about the general concept of the U.S. bein taken advantage of by very cheap labor overseas. Allen Edmonds shoes is a good example as other about a million other items!
Time for the U.S. to either give up manufacturing or stand up to our position.
I would imagine the U.S. will eventually just give up manufacturing.
Companies couldnt compete on labor costs.
Investors would scream at the losses.
For manufacering to come back to the states it will have to be done with AI,robot labor.
To few jobs to mention.
Even using robots will be tuff to compete on labor costs.
yeh, but!!!!!
You might want to check those numbers as when one converts from rupees to U.S$ an accurate price will be obvious.
The numbers I was hearing from Mbai came to $2800.
That included a tax.
That is interesting, I read its 3000 on the street, and there is none to be found anyway.
Whats interesting to me, is gold, none to be had, where it is the most loved on the planet and it only goes to 3k.
Whats that say about the price when there is none to be had in N america?(if ever)
Where nobody gives a hoot about it, where you cant buy a cup of coffeee with it.
10k? more? kinda gotta doubt it. If it was going anywhere near “skyrocket” numbers it would be in India.
We just got the perfect example.
You think this is legal under budget bill?
No way, just typical democrat illinois corruption…
Drain the swamp.
Hillary “Attack Dog” David Brock Plotting With Soros, Steyer, Sussman To “Kick Trump’s Ass”
The last time we encountered David Brock, Hillary Clinton’s so called media “attack dog”, was two months ago when we exposed a money laundering scheme involving over a dozen of his Pro-Clinton SuperPACs. Now, it appears that unable to concede defeat, the man who aligned his career with Hillary Clinton, is going for blood, and is soliciting the help, but mostly money, of Clinton’s top donors.
Coming to a town near me!
https://www.greentechmedia.com/events/live/u.s.-energy-storage-summit-2016
Markedtofuture,
You should hear some of the conversations that I have been involved in recently. The loosing side is simply irrational. More on that in a later editorial.
People who I thought were intelligent are now saying things that make absolutely no sense whatsoever. Hillary can do no wrong and that Trump is “anti Muslim and anti Jew.” When I counter with the comments of Netanyahu about Trump being a good friend, these “intelligent” folks have no response.
One thing is certain, we are faced with a lot of change with Trump in The White House and as the age of gasoline powered cars gives way to the age of battery powered electric self driving cars.DT
Feeling often are irrational.
Never mind the fact that Trump’s daughter converted to Judaism.
Trump is anti-terrorism. If most terrorists were less than four feet tall, he would be called a dwarf hater.
I, on the other hand, am anti-Islam, because I do believe the basic Islamic belief structure is incompatible with the US Constitution and I find the religion intolerant and misogynistic.
Gotta love it…
“George Soros… is Donald Trump without the humility.” — Jim Grant, 1998
James Corbett says this is the first time this interview of Soros has been available on YouTube. I imagine Soros had it suppressed b/c it gives away the fact that he’s psychologically aberrant, probably a psychopath.
I had never really looked into Soros until recently. Took me all of about 10 minutes to get his measure, when I saw how he’s been pushing the false narrative in Ukraine.
http://russia-insider.com/en/2015/01/09/2289
He’s cozy with Bill and Hillary, of course, fervent globalists who surround themselves with satanists, pedophiles, and Muslim Brotherhood.
Cory, these are the folks pushing these trade treaties. So while your generalities about trade being necessary are true, they really miss the plot. No one is against trade, that I know of. We’re against trade deals negotiated in secret by the worst of humanity who have a very different agenda than the well-being of anyone but themselves.
Satanists:
Heck that is Obamy ,after they told him his birth certificate was a fake, and Donald was going to throw him in the federal pen
My post is misplaced
Pedophiles, we all know about Weiner. Apparently Bill and Hillary visited pedophile Epstein’s island many times also. Then there are things like this:
Are these guys the Podestas?
Sorry for the language:
https://www.reddit.com/r/The_Donald/comments/5bk3t6/what_the_fucking_fuck_is_someone_playing_a/
What are the odds?
Muslim Brotherhood, Huma Abedin.
Some background on the Brotherhood:
Are these guys the Podestas?
The nature of Soros and the Clintons old news to me and crystal clear. It’s part of what makes it easy for me to dismiss the left as unthinking and willfully ignorant.
Copper is holding up very well after that spike. Serious inflation is coming and it won’t be kind to many Westerners.
http://stockcharts.com/h-sc/ui?s=%24COPPER&p=W&yr=6&mn=2&dy=0&id=p78814461106&a=486871395
Look at any commodity index, and it is clear the BoJ controls commodity prices. There will be no inflation if the BOJ insists on killing its currency faster than the Fed. Period. The ONLY reason gold, commodities and commodity currencies rose in 2016 was that the yen was ALLOWED to rise by the BOJ. Looks like that is over.
I couldn’t disagree more. Gold will be fine and the trillion of new dollars created over the last few years will get reflected in the general price level.
Well, objectively, gold topped in 2011 simultaneously with the yen and bottomed with the yen in late 2015. That correlation is incontrovertible. If you are saying gold will break away from that correlation some day, there is no empirical evidence from the last 20 years or so to support that prediction. If you are long gold you are effectively long yen.
Directional correlation is not the same as performance correlation. The yen is down 80% versus gold since 1999. So it is more accurate to say that you are effectively long yen if you are long U.S. dollars. Both have been very similarly crushed by gold.
But what I disagreed with most is your assertion that there will be no inflation and that the “ONLY reason gold, commodities and commodity currencies rose in 2016 was that the yen was ALLOWED to rise by the BOJ.”
You need to realize that just because the yen is weak does not mean that the dollar is really strong. The last time the dollar traded at the current level was in April, 2003, yet gold was less than $350 at the time and copper was less than 75 cents. So the USDX at 101 today is completely meaningless except for measuring the dollar’s RELATIVE value versus other fiat currencies. In other words, there can easily be price inflation even while the USDX rises. In fact, I’ve said since last year that I was more certain about gold doing well than about the dollar index doing poorly and maintained that they can both rise. That is part of the fiat money scam — a fiat currency can appear to be rising because of the way it is quoted even while it is falling in purchasing power.
I read this editorial today, and don’t agree completely with the author’s thoughts on Copper or Gold, but it was an interesting thought exercise, and got my wheels turning.
__________________________________________________________________________
The Metal Conundrum After Trump’s Victory
Nov. 17, 2016 – Investiv
Here’s the author’s main premise:
– “The current copper spike may not last, but it shows copper’s long-term potential, especially if part of the announced infrastructure program materializes.”
– “Unlike copper, other metals aren’t in a sweet spot due to unlimited supply, and recent and large price increases.”
– “Gold is the riskiest of all metals, especially now with no more election uncertainty, a stronger dollar, and the expected FED action in December that will have us seeing higher.”
[I don’t agree completely with that vantage point, but you can see how the general investors are viewing things]
http://seekingalpha.com/article/4024299-metal-conundrum-trumps-victory?ifp=0
Yes, maybe initially gold will get hit on a Fed rate hike, but as we’ve discussed on here many many times….. Gold can still perform quite well as interest rates rise when the real rates are still negative. Just look what happened when the Fed did the tiny token rate hike last time – Gold took off like a scalded cat afterwards.
As for other metals, Zinc and Nickel look interesting here beyond just the attention Copper has garnered lately. Even Lead has moved up some, which really helps out the Silver & Base Metals miners.
Personally, I’d add to that list specialty metals & minerals like Tungsten, Niobium, Scandium, Manganese, Beryillium etc…. for hardening agents in metals used to build out more infrastructure.
Lastly, all this Stuff and the building of all this stuff will require more energy….. Where’s it going to come come from? (Coal, Oil, Nat Gas, Nuclear, Hydro, Solar, Wind, Batteries)
Bring it!
After Copper it’s Zinc’s turn to feel the speculative Chinese heat
Thu Nov 17, 2016 – Andy Home
http://www.reuters.com/article/us-metals-zinc-ahome-idUSKBN13C21N
China relaxes coal mining restrictions as supply tightens
Cecilia Jamasmie | about 24 hours ago
http://www.mining.com/china-relaxes-coal-mining-restrictions-as-supply-tightens/
Oil majors under pressure to de-risk: Wood Mackenzie9 Hours AgoPaul McConnell, research director of global trends at Wood Mackenzie, talks about how the global energy space is expected to change in the coming years.
Canada’s Quebec launches online tool to help suppliers win up to $50bn in contracts
Cecilia Jamasmie | 35 minutes ago
“Plan Nord is a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years in hopes of attracting $50 billion in public and private investment by 2035.
The online platform will contain all the information and tools suppliers need to bid for contracts in projects estimated to attract $50bn in public and private investment by 2035.
The online platform, to be developed by Cognibox, will contain all the information and tools suppliers need to bid for such contracts, the government said in a statement.
Part of the Quebec’s commitment around Plan Nord was to set up the Société du Plan Nord to deliver the plan and maximize the economic potential of the investment, particularly for local communities in the territory…”
Will Donald Hoffman Be President Trump’s Secretary Of Energy?
Rod Adams , CONTRIBUTOR
Spanky
Everyone is printing, some much faster then others but the same goal remains to PRI t to the cows come home. This is inflation across the board and higher commodities eventually. We are having market corrections and equities will also have its day.
The US stock market is now the ultimate moral hazard. It won’t ever suffer more than a 10% drop ever again under the Breton woods regime, i.e., in nominal terms. (For that matter us equities have been rocketing higher in REAL terms for almost a decade.)
Interesting discussion guys. I agree that inflation will finally start to show up in 2017, 2018, 2019 (after a long lull). Equities continue to defy gravity and surge ever higher. Logically & historically they should have had a reasonable 20-30% correction since 2009, and yet they’ve continued trucking higher and higher with only minor 3-10% pullbacks that were gobbled back up. I’ve never seen anything like it, but there definitely is an effort to underpin the general markets and keep things chugging along.
A question I’ve had (for years now) is: Will the S&P, DOW, Nasdaq, Russell 2000 ever put in a really solid correction of 20-30% or will the pullbacks stay under 10% ??
The FED, the US Dollar, the GDP numbers, the Jobs Numbers, the Confidence in the US economy, and the Interest rates all play a part. Right now investors have to be in dividend paying stocks and they have been in corporate bonds to get yield, and there has been no reason to “Save” in bank deposit products like Savings Accounts, CDs, or Money Markets. If inflation ramps up and those savings vehicles have 2-6% returns, then some money may finally pull out of the stock markets, and could be the straw that breaks the camels back.
Wild times!
Maybe if the Fed allowed a monumental bubble to form, like the Nasdaw going to 50,000 in 2 years, we might see a 20-30% correction. But the thing is, the markets are completely managed by CBs now. They will just keep it steadily rising until the dollar system collapses or WWIII, which ever comes first. And the only way Bretton Woods collapses if some country says enough is enough and refuses to exchange their redeemable currency with USDs. Does anyone see that happening any time soon (besides Jim Willie) or prior to WWIII commencing?
Just put it all in Google and Amazon and sit back.
I appreciate your perspective spanky, but I feel that other nations will say enough is enough without it requiring a WWIII. (unless you mean WWIII is a financial war).
In my retirement account there is likely exposure to Google or Amazon (no idea I let 2 other funds manage those for me). My posts here on the KER are for my Trading account, and I love the volatility of the Resource sector (Commodities & Energy) because it is such a roller-coaster….
Cheers!
You really think this trend will continue forever Spanky?
Or this one?
When I see a ratio near historic extremes, I think ‘reversion to mean’.
FANG stocks are on my watchlist to short.
GH – Great chart on the CRB commodities index versus the S&P. I agree that a sea change is about to occur in 2017 and reverse that trend.
Yes, those are very nice charts. “Nice” means informative.
Here’s SPY priced in GLD (and it looks like a good time to sell stocks to buy gold related assets):
http://stockcharts.com/h-sc/ui?s=SPY%3AGLD&p=D&yr=1&mn=1&dy=0&id=p22497913630&a=488206117
Nice.
Thanks guys.
Neat to see you guys know Velikovsky. I just found out about his stuff this past year. It sounds like he was quite well known a decade or two before my time, but I never had even heard of him, and I’m in the sciences.
I found out about him when studying possible explanations for why Uranus is tilted and why Venus is so unusal. Then it got into comets entering our solar system, and the possible collision with the prior planet the ancients called “Tiamat” and how that likely resulted in both our Earth & the Moon & the Asteroid belt, and it pushed us inside the orbit of Mars. Velikovsky’s “Worlds in Collision” kept popping up, and then I read John Kettler’s article “The Martyrdom of Immanuel Velikovsky” and it really got me thinking outside the box. Worlds in Collision is controversial but very interesting to say the least….
Immanuel Velikovsky
From Wikipedia
https://en.wikipedia.org/wiki/Immanuel_Velikovsky
I first became aware of Worlds in Collision, Earth In Upheaval, and Ages in Chaos about thirty years ago.
The way that Velikovsky was treated by the establishment is evidence, in itself, that his work was (and is) important.
There is reason to believe that a lot of ancient history, and important truths in general, have been hoarded and kept from the public for a very long time.
Absolutely. The sheeple couldn’t be trusted with truth, so they got cute stories and the secret societies kept the info to themselves…..
Very well put, Matthew.
The most innocent explanation one could come up with is that academics are often neurotic and egotistical, and defend their theories to the death, so that their discipline can’t advance until the old generation dies out.
But I’m inclined to your view. Does true knowledge of ancient history give the ruling class some kind of power? That’s my guess. The most concrete example is that the catastrophism demonstrated in Earth in Upheaval makes anthropogenic climate change seem inconsequential in comparison.
Another one is Graham Hancock. He’s shown that there are megalithic ruins under the sea at depths that haven’t been dry land since the last ice age 12,000 years ago. But this evidence can’t get traction. Why?
GH – I’m a big fan of Grahm Hancock and that whole crew of John Anthony West, Robert Schoch, and Robert Buval. Yes, the truth that many resist is that human history is much older and much more complex (and advanced) than many are willing to acknowledge. There are endless accounts of archaeological artifacts, monuments, cities, and culture stemming back much further into the past and adding to the bigger picture of our place in space time.
Here’s the site for John Anthony West:
Here is the Robert Bauval website:
Here is the site for “Forbidden Archaeology” from Michael Cremo.
Lots of new leads for me. Thanks, Ex!
Dr. Shoch has gone to the dark side but his early work with West was good.
Christopher Dunn is another interesting one:
https://www.youtube.com/results?search_query=christopher+dunn
When you have about four hours to spare, here’s one that’s well worth it:
https://www.youtube.com/watch?v=L777RhL_Fz4
You can also find it in 23 segments, which makes it much easier to go back when needed.
Yes, I like Christopher Dunn as well Matthew. Good reminder. I enjoyed his premise of ancient cultures have power sources (like the Baghdad battery, etc…) and some form of advanced engineering “power tools”. His book Giza Power Plant is quite interesting.
As for the other 4 hr documentary, I’ll definitely check it out. I skipped forward in a about 20 times and each place I stopped resonated with my research as well. Looking forward to absorbing it when time permits.
Thanks for those posts.
Ex, if you already have some knowledge on the subjects covered, you’ll find Secrets in Plain Sight to be superb. The maker, Scott Onstott, is intelligent, accomplished and credible. His documentary is the best single work of its kind that I know of.
Sounds good. Yes I’ve been studying this kind of information for a few decades so it’s right up my alley of interests. Thanks man.
Spanky, the stock market is down massively in real terms since its real peak in 1999. Purchasing power is what matters and the stock market is worth a helluva lot less of everything today.
Wellgreen Platinum: Canadian Junior Offers Leverage To Platinum And Palladium Prices
Nov. 18, 2016 – Geoffrey Caveney (editorial)
What’s happening in the Golden Triangle is ‘game changing’ – Colorado Resources CEO
MINING.com Editor | 2 days ago
Randgold, Newcrest join forces to explore Ivory Coast for more gold
Cecilia Jamasmie | about 3 hours ago
http://www.mining.com/randgold-newcrest-join-forces-to-explore-ivory-coast-for-more-gold/
$1,180 Line In The Sand For Gold
Nov. 17, 2016 – Andrew Hecht (7,870 followers – Seeking Alpha)
http://seekingalpha.com/article/4024294-1180-line-sand-gold?ifp=0
Guru. .want a bee
Seeking Alfa…..alfalfa and buckwheat. …
Obamy after he was told …no third term
Or after finding out his fake birth certificate was found ….in Weiner’s safe
🙂
Speaking of Food: Here’s another naughty stunt by Monsanto = glyphosate
Monsanto Is SCRAMBLING To Bury This Breaking Story…
Posted on November 18, 2016
Nashville is on the sanctuary cities list. … l can not believe they gave in voluntarily…. New meaning the the Vols
This never would have happened if we could have elected Frank from Moscow !!
Never….. you can depend on it 🙂
The polls say 70/30 odds…. 🙂
Puzzling: From jsmineset “Gold is trading in India just below $3,000 USD”
Checking my sources shows it at 82,648.64 /oz.
82,648.64/67.98= 1215.00/oz.
So what am I missing? I see it trading at 1215 not even cloe to 3,000.00