Sunday, July 19, 2015

CHINA SHOWS US THEIR GOLD!

SERIOUSLY? You have to admit those headlines last week got your attention didn't they? I'm sure the Chicoms are laughing themselves silly after the disclosure last week of their monstrous gold hoard of 23 ounces. I know I immediately sold my gold realizing its barbarous value. I guess the U.S. Mint can resume silver Eagle sales now since silver is also worthless. After all gold and silver down big at this time with the "panic" in the streets. I know I'm shattered because I have gold and silver saved in bullion form to trade for some more valuable paper and its just not happening for me.

We are living in amazing times. China stock market collapses and Chinese officials announce prison sentences for short sellers. Then they announce you cannot SELL stocks. Then they threaten the brokerages with prosecution if the sell stock shares. The market moves up modestly over the next two weeks and the media declares "all is fine" now in China. You can't make this stuff up. If I didn't know better it sounds just like our Congress and Larry Kudlow in mid 2008. You remember those "free market capitalists". They certainly are "free market" as long as it doesn't "go down". Too funny. 

Golly gee, what can go wrong? We're all fixed and this bizarro world is just getting better everyday. hehehheheheeee....... have fun and gl. 

“If you don’t own gold, you know neither history nor economics.” — Ray Dalio








57 comments:

  1. Hehehehe.....hehehehehe...

    Buy MOAR gold everyone, and listen to Kliguy's advice. MOAR gold.

    This is great entertainment, watching this dumbass doomer putz Kliguy getting his ass handed to him day after day, year after year!

    Hehehehe......are you backing up the truck and buying MOAR gold, Kliguy? Better get loaded up for that rocketship to da moon!! Hehehehe......

    ReplyDelete
    Replies
    1. Saw your comments on ZH too .last nite. (that's right no one is anonymous) For a dude/dudette that hates gold you certainly are on a lot of blogs that support gold.......hehehhehehehe........

      Delete
    2. Mother of God!!!! Skippy your becoming such the bore a$$...

      The following may help but in you case somehow I doubt it.....

      http://elitedaily.com/life/motivation/10-differences-interesting-people-boring-people/

      Hey can't say I don't try! hehehehehe

      Putz

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    3. I'm leaning towards the "paid troll" on skippy.....found some similar comments on zero hedge that are just as frenetic.... doesn't matter though......its still booooring.

      Delete
    4. Really is, at least he used to be funny and would try to convince you to follow the Dark Side..... Now he reminds me of those "Screamer's" you see walking round the Big Chitty.... hehehehe

      Delete
  2. China is taking his advise. Buying gold with your dollars. Seen today Greece is paying a loan back. Funny how you can be in default and then get your bailout money to pay back the previous bailout.

    Jeff

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  3. China will announce their real gold reserves when they are unable to acquire physical gold from the West. Until then its all a mirage. Meanwhile I'll take the discount.

    ReplyDelete
  4. Hehehehe,

    Well at least we know there's going to be "growth" in one sector of the economy!

    http://www.zerohedge.com/news/2015-07-20/ashley-madison-hacked-americas-37-million-cheaters-about-be-exposed

    It must be good to be a divorce lawyer right about now......

    ReplyDelete
    Replies
    1. hey ya gotta give skippy his due......gold crushed silver crushed....EVERYBODY calling for sub 1000/900 gold now.......Will it make it there??? hehehhehe Hope so....cuz I still have some of those greenbacks ready in case....but just in case it doesn't i will buy all the way down to it.......

      Delete
  5. Looks like an intermediate term cycle in gold bottoming soon. Need to do additional work on this....

    ReplyDelete
    Replies
    1. smells bottomy today ....peeeeeeuuuuuuuuu

      Delete
  6. nuthin' ta see here now move along trash!

    http://jessescrossroadscafe.blogspot.com/2015/07/thousands-of-gold-and-silver-futures.html

    ReplyDelete
  7. every single word is true

    http://kingworldnews.com/the-orchestrated-gold-smash-and-a-world-on-the-edge-of-total-collapse/

    ReplyDelete
  8. $gold technical cycle outlook: http://www.swingcycles.blogspot.com/2015/07/jul-20-gold-outlook.html

    ReplyDelete
  9. World on edge of total collapse!

    Wow, you're an exceptionally fuching moron, aren't you Kliguy?

    Hehehehe......

    ReplyDelete
  10. Skippy,

    I think you're on the "edge of total collapse"........ I think you might want to consider getting an evaluation ASAP!!!!!!!

    You're becoming Un-Glued and Totally Boring......


    Putz

    ReplyDelete
  11. Gotta feel sorry for you a little bit, Kliguy. Here you are, old, mentally deranged, and you have married yourself to a single, horrible trade of gold and miners, with no room for other options. I mean, you could've made a ton by taking what the Fed is giving you, and then take your profits and turn them into hard assets. Instead, you just keep "backing the truck" as the price continues to fall. You don't even hedge your physical position with something like DGLD because you don't play in their "paper ponzi". What an unbelievable putz you are.

    Keep buying all the way to the bottom. It may take 20-25 years for gold to recover and hit $2000, if ever. It will never ever hit your pie-in-the sky numbers of $5,000 or $50,000 like your silly uncle Jimmies keep telling you. And if it did, they'll just outlaw and confiscate it. So, your dumbass loses no matter what.

    Mr. Jay, if you are reading this, do not in any shape or form follow Kli's advice, unless you want to go bankrupt. The markets should easily average 7% annually for the next 10 years, since we are only in the middle stages of a cyclical bull market. Stay in the system and prosper, instead of listening to these putzes and losing your shirt.

    ReplyDelete
    Replies
    1. Well that was a little better, I guess the Xanax is kicking in...... Hehehehe

      Seriously you need to go enjoy what your buddies at the Fed have given you, assuming that you really are partaking in the Greatest Bullchit Market E'va...... Hey everyone enjoys a Parade!!!!!

      Putz

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    2. Tom "the Fed has your back".....don't worry.....they're your "buddy" like buttfox says......they're there for the lil guy....hehhehehehehehhehehhehehe.........or as I like to say......" Its all fine"

      Delete
    3. btw butt.... I think you meant "secular" bull market ....not "cyclical".....you need to study more......hehehehehee

      Delete
  12. Get a life Tom, you worthless old fool. Don't you get tired of constantly defending Kliguy? I'm not even talking to your dumbass, and you keep jumping into the conversation. Go sell some used cars, putz.

    And yes, it sure as hell is nice to have portfolio approaching 1 million dollars, a house almost paid off, and living a good life, instead of being a miserable old fool like yourself, who is bitterly hoping and waiting for the end of the world. It sucks to be you, doesn't it you pitiful little bum?

    ReplyDelete
    Replies
    1. Gee only approaching 1 million..... hehehe you're slacking boy, you must have missed a few of those AAPL/NFLX runs..... Now assuming it's not a pretend account, WHY THE HE77 are you carrying a mortgage? Real Genius........ Oh and while your running round living the good life, dropping pathetic comments on Blog's you can't stand, I'm enjoying sum home brewed organic Kauai Iced Coffee down by the pool, it's freaking hot up here today 95+ and got the Rib Eye seasoned and waiting for the grill for Me & the Mrs. in a few hours, Hey what's better then that!!

      Anyway I think Kli's on the back 9 so I got the com for a bit... hehehehe

      Silly little boy........

      Hey I almost forgot, You forgot to list the Tesla......

      Putz

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    2. just finished with 18 brutal tournament 90 degree holes.....eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee.....now back to the bunker .....hhehehehehehehhehe.........

      Delete
    3. he's now worth a zillion tom..........he is huuuuuuuuuge......must be reading ZH more than I thought.....hehehhehehehe

      Delete
    4. Tom,

      You carry the mortgage for the write off based off itemized deductions....I do and it's very nice at tax time...plus the smart people have learned you can walk away from a mortgage it's right there in the paperwork...it's like buying a way out of the money put option with a down payment...

      Delete
    5. Understand your point but it's never a dollar for dollar write off and depending on interest charged/interested earned ect.... I guess I'm old fashioned I like the freedom of owning... even though I really don't, it's just an illusion, try not paying your Prop Taxes for two year's like the jabrony around the corner from me hehehehe He learned the hard way....

      Delete
    6. not a game I wannna play either..... I like to sleep at night

      Delete
  13. Gotta love Fleckenstein ....here is a letter to him and a comment to it today

    Question: Hi Bill,
    Little bit scared with the action in gold/miners. I have manageable positions and can live without that invested money for years. But it feels like nothing is working my way in last 3-4 years. I did not invest in real estate or stocks, so lot of cash and gold/miners. Everything I own is going down and what I don't own is going up. Little bit scary.

    Answer from Fleck: "Every single smart investor friend that I have, who each have been extremely successful over the last 30 years, feels exactly as you do. It doesn't make it less painful, but you have a lot of smart/successful investors as company in your feeling. Hope that helps to some degree."

    ReplyDelete
  14. Aahhhhh So Sorrr-weee

    http://www.zerohedge.com/news/2015-07-21/japan-inc-rocked-massive-accounting-scandal-toshiba-ceo-quits-after-admitting-7-year

    You just can make this crap up.... The Greatest Bullchit Market E'vaaaaaaa


    "All is Well, All is Well" heheheeeeeeeeeeeeee

    ReplyDelete
    Replies
    1. They're conducting a global ponzi scheme of the highest order that wreaks of desperation and has been pushed to the extreme....cracks are showing up in it in increasing velocity.....tick tock

      Delete
    2. uggghhhhhh...........reeks??? hehehehhehehe

      Delete
  15. So Skippy, KD asks a good question, so I figured I might as well pass it along to you, since you claim to be the "Seasoned Trader"...... "Where's the Revenue"?

    http://www.market-ticker.org/akcs-www?post=230400

    ReplyDelete
  16. looks like another Buttfox hero in the Senate speaks out against a real hero...btw its on that nasty rag ZH

    http://www.zerohedge.com/news/2015-07-21/former-high-ranking-us-senator-wants-hang-edward-snowden-courthouse-square

    ReplyDelete
    Replies
    1. Speaking of Senators, recommend googling Trump's speech in S.C. yesterday which I watched live. Lots of humor and his message is clear: Make America Great Again and Our Leaders Are Stupid. So regardless of what you think of him, he speaks without a teleprompter and makes a lot of valid points which American CITIZENS have been waiting and waiting and waiting to hear from our feckless politicians. He talks about "how the game works" which is why they and the MSM are in a panic over his candidacy. Also cites our losing 2300 Humvees to the "rebels" in Yemen and how we protect SA while they collect $1bln/day.

      Delete
  17. Replies
    1. You are so nice to keep me informed of these bios, really appreciate it Honest.

      Delete
  18. Hmmmmmmm......

    http://www.zerohedge.com/news/2015-07-21/2800mth-live-oakland-where-cops-say-dont-bother-calling-if-your-car-stolen

    I guess the "Hot Money" hasn't made it's way to Oakland yet....

    ReplyDelete
  19. read and choose your own path or reality and realize if true why he/shes like buttfox are still here

    http://investmentresearchdynamics.com/the-price-of-gold-gets-curiouser-and-curiouser/

    ReplyDelete
    Replies
    1. Hehehe, Like I said everyone loves a parade......

      Delete
  20. Ruh Roh Shaggy.......

    http://www.zerohedge.com/news/2015-07-21/apple-plunges-despite-eps-beat-iphone-sales-miss-drop-china-sales-weak-guidance-and-

    ReplyDelete
  21. We must be getting closer and closer to collapse.
    Kindle He Knows

    ReplyDelete
    Replies
    1. Nahhhhhh.......not even close......go buy sum stawks....in fact buy tons of NFLX

      Delete
  22. http://www.zerohedge.com/news/2015-07-22/oldest-trick-accounting-book-back-how-coke-just-beat-eps-despite-sliding-revenues-an

    ReplyDelete
  23. https://www.youtube.com/watch?v=OFUVIs2BDUY

    ReplyDelete
  24. EVERYBODY says gold below 1000/900

    ReplyDelete
  25. Hmmm,

    Did Sum One just let the "CAT" out of the bag?

    http://www.zerohedge.com/news/2015-07-22/forget-recession-according-caterpillar-there-full-blown-global-depression

    ReplyDelete
    Replies
    1. Caterpillar being killed by foreign competition.

      Delete
    2. I'm not so sure about that one......

      http://www.zerohedge.com/news/2015-07-23/caterpillar-sales-plummet-outlook-slashed-says-stagnant-global-economy-shows-no-sign

      Delete
    3. http://www.komatsu.com/CompanyInfo/ir/data/data07_y.html

      Notice they stopped posting "Sales" #'s in first quarter of 2011, hehehe

      Ahhh So Sorrr-weee but we are using the "Toshiba" method of accounting!!!!!

      Delete
  26. http://kingworldnews.com/bill-fleckenstein-bubblevision-tries-to-keep-the-dream-alive-as-the-mainstream-media-and-bullion-banks-bash-gold/

    ReplyDelete
  27. http://kingworldnews.com/gerald-celente-the-panic-thats-happening-right-now-is-much-bigger-than-just-the-gold-market/

    ReplyDelete
  28. Hehehehe.....

    Dumfuks Tom and Kli on overdrive now, when multiple links from KWN starts to show up, you know shit just got real.

    I think SUM TIN is wrong. We should all buy MOAR gold, MOAR. Did I tell you to buy MOAR gold? Listen to Kliguy and play in his market. Buy SUM miners too. That spring is so coiled, when it is released, these miners and gold are not going to da moon, they are going to Pluto.

    Hehehehe......

    Mr Jay, if you are reading this, you have two choices: Take Kliguy's advice and go bankrupt, or stay in the system and prosper. This insane fool and his blower Tom have been so wrong for so long, that it's now pure comedy to come to this blog and watch them make fools of themselves every day. Gold is going much lower and staying there. It may not recover for another 20 years. These two putzes will be in diapers by the time gold hits $2000, if ever.

    ReplyDelete
    Replies
    1. Morning Skippy,

      I see you're enjoying that prosperous life of yours....

      Why you bothering Jay? He's a BIG Boy he can think for himself.......

      Now get back to looking in the mirror, drooling over your "almost" million dollar portfolio and keep telling yourself your a genius.......

      Silly Little Boy

      Delete