Monday, September 17, 2012

STRANGE TIMES

As the level of stress is ratcheted up Geopolitically the peeps become more restless with each daily maneuver. The proles deal with the stress in different ways. Some peeps will joke and laugh and try to ignore the iceberg looming squarely in front of them. Some peeps will clamor for more information in an attempt to understand and perhaps even gain an advantage over the puppetmasters. Some peeps become unnerved and begin cracking under the constant psyops wielded by the PTB. The crackup can be exhibited in a number of ways including just simply withdrawing. This may serve as the best protective mechanism for many peeps. I am not trying to be introspective here but instead just making an observation that may provide some of you an explanation for what the end of times can do to you in a real live Truman Show existence. Some of us just need to know that when you try to explain to someone about the current manipulation and control AND their eyes begin to glaize over instead of growing in amazement over your explanation......THAT YOU ARE NOT ALONE. You cannot expect most of your contemporaries to ever overcome years of carefully crafted mind control. THEY JUST WON'T GET IT!!! FURTHERMORE THEY DON'T WANT TO GET IT!! Some will however and providing links with the recommendation they do their own DD sometimes WILL work....so don't stop.

Next.....this is a major move in the miners and PMs. As many have mentioned this is not to be overtraded. There are so many cross currents of danger right now that saying PMs are a "Safety Trade" is almost a joke. Just as Turk said on KWN today ....“There is a lot of money on the sidelines waiting to enter a market in which physical metal is tight.  When you couple that with the amount of shorts looking to cover, gold and silver are not being given any opportunity to correct in the normal way with a typical pullback.  

Buyers are not giving the precious metals a chance to correct.  Their price just moves sideways, thus thwarting the selling from central planners who do not want to see the precious metals move higher.  A sideways consolidation is one of the strongest patterns you can find in a bull market, so the way gold and silver have been trading bodes well for more big price gains in the weeks and months ahead.  

In fact, Eric, I keep asking myself whether this remarkable display of strength is telling us something important.  Is it a subtle signal that we are at the beginning of an uptrend that will not only lead to new record highs, but is this the beginning of the move that in the next few months will result in the ‘big one,’ when gold and silver buyers totally overrun the central planners?  

Only time will tell of course, but the ‘big one’ will be spectacular.  Gold and silver will just keep climbing in panic buying because people will be rushing out of all types of paper in order to protect their wealth by buying physical gold and physical silver. 

GL all...



44 comments:

  1. "They dont want to get it" hehehehe........ How true!

    btw: Come take a tour of LI, the Home of the half rented strip mall's!

    ReplyDelete
  2. Soon to be 1/4 rented unless another few hundred frozen yogurt stores open up.

    ReplyDelete
  3. still holding steady here so far......will be surprised if retail collapses here this year.....but jobs are all minimum pay now.....construction jobs gone

    ReplyDelete
  4. Nothing really new from Phil Davis or Keystone today.
    But, I have just learned that the new People's magazine has a long article about Snooki and her baby. If I get a chance at lunch time, I will read it and see if Snooki offers any opinions about the present Global Financial situation. Maybe she will say that she is buying gold for her baby.

    ReplyDelete
    Replies
    1. thanks doc.....gotta keep the diversion up for the dummies

      Delete
    2. I just don't get snooki, drunk midget with looks that make me shiver...Sheeple are unbelievable flocks now....I was noticing how everyone in the message board for the occupy wall street thing yesterday hates them, when all their doing is expressing their free speech rights....

      the sheeple are so captured its darn right scary...

      I think oxgn might be a multi-day play the way it's trading today..

      Delete
    3. Watching that show always reminded me of the song by Mickey Gilley "Don't the girls all get prettier at closing time"..... heheeeeee.

      btw Doc when your done reading people please inform us what the Snookster's thoughts are on Breast feeding vs formula! Its important, reaply important......


      Delete
  5. I hope you all took advantage to "average in" when silver dropped below 30 over the past year

    ReplyDelete
  6. Chuck, Endless Summer 1 was on last night. The world was a MUCH differt and better place in the '60's. The movie is a cultural time capsule. Fuel .35 cents. Bells beach and booty too.

    ReplyDelete
    Replies
    1. great flick......another time another place

      Delete
    2. I surfed witches rock, costa rica...fun waves with edge as bull sharks and crocs love the rivermouth....

      Delete
  7. Kli,
    I have a question. How much of assets should be in hard assets vs. cash? How is everyone on the board approaching this question. I am curious because I do not know how much is enough? Thanks

    ReplyDelete
    Replies
    1. no one can give you that answer...it depends on one's own liabilities and net worth and monthly expenses......just be able to hold enough cash on hand to get you through a few months.......AND in high net worth individuals the cash on hand should equal 6 months net income. gold and silver bullion again depend on same .....also gold is NOT for sale or exchange UNLESS you are high net worth and hold more than several million then you may wish to trade assets at some point.......for most on this blog gold is strictly a SHTF play.....same with silver...most on here may never sell their bullion...my guess is when the time comes to trade bullion for another asset most here will not

      Delete
    2. high net worth hold currencies plural....canadian...swiss..
      gold and silver are NOT guarantees....only hedges....food water and alpo are more important in SHTF scenarios.....bugout and shelter are second.....living in NY is ground zero for those in that zone....living out with the cowpiles may turn into the desired location location location

      Delete
    3. "living in NY is ground zero for those in that zone.." You got that right! Can take two hours some day's just to get past the boro's. Gotta be able to sit for a few months.........

      Delete
  8. feels like a tipping point...Just need the spark.

    ReplyDelete
  9. did you folks read about the man who passed in Carson city,NV who lived like hermit but they found 7 million gold in a secret room...amazing...

    ReplyDelete
    Replies
    1. Yeah, aint that something guess there's a lesson there if your willing to see it....

      Delete
    2. yup......being right isn't about living your life to the fullest

      Delete
    3. He must have been a Great Depression 2 reader. :)

      Delete
    4. no he had too much gold....not enough silver.......hehehehhe

      Delete
    5. I would have been in Thailand, had a couple girlfriends living like a king with nice boat and house, boat equipped with .50 and other weapons though...damn pirates are not confined to wall street...sometimes you have to cash in and live large...get busy living or get busy dying...everyone dies but not everyone lives!

      Delete
  10. ANX looks ready to rocket, ANTH might be doing the same with squeeze play and someone is loading up on OXGN at .69-70 for push higher....

    ReplyDelete
  11. Thanks for your answer Kli. When the time comes, I will let all of my metals go! Nothing goes up forever, look at owning gold in the eigthies.

    ReplyDelete
    Replies
    1. it won't be that easy Rudy....many factors will prevent you from letting go

      Delete
    2. Yup just go to your local "We buy gold store" and see what's in store for ya when you wanna let go of some........ You might be unpleasently surprized!

      Delete
  12. Below I list salient points from When Money Dies:
    * The inflationary period was for 10 years, the last 4 being extreme (the Weimer mark finally died in 1923). The end of the inflation was sudden.
    * Government and banks continually reassured the population the worst was over, and people usually were encouraged as a result.
    * To service debt, government enacted many new taxes, even some unusual taxes. But tax collection wasn't very successful and tax evasion became socially acceptable.
    * Logically, the enormous government debt could only be paid back through inflation. Nevertheless, people were not prepared for hyperinflation.
    * Most Germans had not grasped the draconian terms of the Treaty of Versailles at the time it was agreed upon.
    * Food and fuel prices went up faster than those of clothing and other goods.
    * The middle class in particular was wiped out.
    * Laws were enacted against hoarding fuel and food. Shops were often closed and had reduced hours. For the sake of survival, everybody broke laws concerning hoarding, black markets and taxation.
    * The German and Austrian people were long-suffering. They believed in their currency until almost the end, and they were constantly saying the worst was over when in fact things only got worse and worse.
    * Foreigners descended on the land, buying up and exporting anything of value that could be moved. Eventually foreigners were buying businesses, land and anything that could be sold. Because foreigners got everything at fire sale prices, resentment built against them.
    * The Army, defeated in WWI and starved of funds, revived very quickly. This was a big surprise within Germany.
    * Extremist factions arose. The best paid workers finally couldn't afford the necessities of life. Riots and unruly mobs became common.
    * When nationalist spirit was eventually revived, out of defeatism after WWI and the great hyperinflation, it was rooted in revenge.

    ReplyDelete
    Replies
    1. copy and paste from a reviewer of the book on the Weimar

      Delete
    2. * Foreigners descended on the land, buying up and exporting anything of value that could be moved. Eventually foreigners were buying businesses, land and anything that could be sold. Because foreigners got everything at fire sale prices, resentment built against them.

      Can you say... China? ;)

      Delete
    3. try China, Brazil, Argentina, Russians, it will happen,

      Delete
    4. if we don't engage in an external conflict then we will engage in internal chaos pitting the haves vs have nots and faux minority conflicts.....fear will be used as a weapon against our own citizens and there will be support for marshall law and complete abrogation of civil liberties............clunk goes the heavy iron doors of tyranny on the willing sheeple

      Delete
  13. I would be in Thailand too and in a lot of other places. A sweet surf trawler and a bunch of exploration. Fresh sushi every day and a hold full of Sake. The most remote place I surfed was the Island off Fiji called Matuku. The Island had no power. A panga dropped me and 2 others on a reef and took off. 2 giant whales sunned themselves 200 feet away. Zero noise except the water. Kinda scary wild life. Frigates pass was a lot like Trestles. The Reefs of Matuku where ripping and hard to surf. We got a large yellow fin..that was a dinner. The villagers but on a bit of a show that was mandatory and we had Kava. There is a lot out there to see. Just need $$$.

    ReplyDelete
    Replies
    1. Nice sheeps! My friend owns big surf shop up in Santa Monica and always hurts my head with his travel stories...

      ABIO is a cent away from crossing 50 and could start a spectacular run...

      a couple weeks ago I ment'd accumulation on OXGN in .54 and .55 range the 3 month macd was the tell...

      Delete
  14. Personally think this insistence on the YouTube video being responsible for the Anti-American assault on consulates/embassies is being hammered home to the sheeps in order to justify limiting internet access...it's acomin'. No trouble selling physical to Apmex so far as I know. Snooki is so yesterday, Honey Boo-Boo's my girl! ;).

    ReplyDelete
    Replies
    1. gotta have entertainment or reality will crush you......but those that ignore reality and refuse to listen and investigate the history of the financial/geopolitical system WILL reap the wind....I love escapism

      Delete
    2. here ya go nancy

      http://www.youtube.com/watch?v=qNQEDuFBie4&feature=player_embedded#!

      Delete
  15. Can't reply to comments for some reason. Good points about Weimar Republic.... Your right it may not be that easy to give it up but I would never sell to "we buy gold" business. They really rip you off. Black Market will be the way to go....

    ReplyDelete
    Replies
    1. "We Buy Gold" is the Black Market........

      Kli,

      In your above post was it the Commercial or the Content? hehehehe

      Delete
  16. Its been Halted since friday! Either BK or a buyout, my guess is BK! What a bust!

    ReplyDelete
  17. wow. major flame out. Why I do not buy individule miners with doing some home work which takes a lot of time. Every miner is an earthquake a way from zero. Better to have a basket of the good miners.

    ReplyDelete
    Replies
    1. won't be the last Junior destroyed.....so be prepared....I rode my shares into the ground and still own them......longer term if you own a basket of them some will eventually be 10 and 20 baggers......and some will be zero

      Delete
  18. Snooki update:

    Actually, the article was rather short and basically a brief interview about being a new mother.

    Sister's point is well taken. The Hollywood life span of these childhood stars can be rather short.

    SVM finishes UP, but at 6.66. Could the devil be involved?

    Sheeps, this Northerner has never surfed, but what you described was beautiful.

    ReplyDelete
  19. Reply doesn't work for me either. Great video, Kli, this guy's a hero to me to actually tell the truth...and "I'm getting old & cynical" could exactly describe my thoughts...But Doc, I was just making fun of Honey Boo-Boo, don't know a thing about her; just hear about her even more than Snooki now. Wouldn't recognize either of them even if in an elevator w/them.

    ReplyDelete