"Marc Faber discusses what opportunities are likely to emerge for institutional investors if sovereign debt continues. He assesses the possible impact of social and political unrest in North Africa and the Middle East, and how hedge funds can invest in emerging markets."
Monday 27 August 2012
Marc Faber Forecasts the Future of the Global Economy
"Marc Faber discusses what opportunities are likely to emerge for institutional investors if sovereign debt continues. He assesses the possible impact of social and political unrest in North Africa and the Middle East, and how hedge funds can invest in emerging markets."
Friday 24 August 2012
Jim Sinclair: Stay the Course!
"Stay the course! The current pressure on gold shares by hedgies is because Romney says, if elected, he will fire Bernanke and will not want to see QE 3.
Now what impact does that have to have on Bernanke? I would say he now really wants to see Obama elected. That speaks very well for huge stimulus fast and an end of the standoff between the Federal Reserve and the US legislative.
The hedgies hate gold so they interpret Romney's statement bearishly. In truth it is the opposite, bullish for gold.
Bernanke has been considered good for the dollar up to now as much as that is mistaken."
- Jim Sinclair of JSMineset.com
Now what impact does that have to have on Bernanke? I would say he now really wants to see Obama elected. That speaks very well for huge stimulus fast and an end of the standoff between the Federal Reserve and the US legislative.
The hedgies hate gold so they interpret Romney's statement bearishly. In truth it is the opposite, bullish for gold.
Bernanke has been considered good for the dollar up to now as much as that is mistaken."
- Jim Sinclair of JSMineset.com
Tuesday 21 August 2012
Silver is a Gift Right Now at $29
"So silver has two drivers going forward. One is the monetary aspect because silver is money. But the other is the industrial component, and the demand for silver to cultivate energy is going to skyrocket. Later on, people will not believe you could buy silver in the $20s. It’s a gift right now at $29."
- Stephen Leeb via a recent King World News interview, read the full interview here:
Friday 17 August 2012
COMEX Silver Inventories Have Peaked, Now Declining
"I don’t think it’s coincidental that the low of $26.07 in silver was set the very same week we saw the peak in COMEX inventories.
Now silver inventories have declined and silver starts to look a little more technically positive. Twice now the silver bears have failed to follow through on the downside.
Something important to keep in mind as well, the area around which we’ve created this triple-low in silver, is right in line with the 50% retracement of the entire bull move from 2001 to the $50 high. A move now above $29 would be bullish from a technical perspective, and that’s something we’re looking for.
After $29, the next major resistance for silver is $37.50. This is a situation where silver has a pretty decent upside move in front of it once $29 falls.”
Now silver inventories have declined and silver starts to look a little more technically positive. Twice now the silver bears have failed to follow through on the downside.
Something important to keep in mind as well, the area around which we’ve created this triple-low in silver, is right in line with the 50% retracement of the entire bull move from 2001 to the $50 high. A move now above $29 would be bullish from a technical perspective, and that’s something we’re looking for.
After $29, the next major resistance for silver is $37.50. This is a situation where silver has a pretty decent upside move in front of it once $29 falls.”
- Greg Weldon via a recent King World News interview, read the full interview here:
Tuesday 14 August 2012
Jim Sinclair: The System is Broken
"The system is broken.
The system is guaranteed to the hilt.
The result of making good on these guarantees would be the maximum prediction for the gold price amongst sane commentators and the lowest level possible for the dollar.
A Federal guarantee to infinity would demand QE to Infinity in order to function."
- Jim Sinclair of JSMineset:
http://www.jsmineset.com/2012/08/12/in-the-news-today-1275/
The system is guaranteed to the hilt.
The result of making good on these guarantees would be the maximum prediction for the gold price amongst sane commentators and the lowest level possible for the dollar.
A Federal guarantee to infinity would demand QE to Infinity in order to function."
- Jim Sinclair of JSMineset:
http://www.jsmineset.com/2012/08/12/in-the-news-today-1275/
Sunday 12 August 2012
Soon to Join the SLA with a New Vault Service Sprott, Turk and Maloney
"Silver (and Gold) soldiers of the SLA… We are in the home stretch of launching a new bullion vaulting service ($500,000 min.) that will – along with Sprott, Turk and Maloney – put additional pressure on the banksters – by taking hundreds of millions worth of physical off the market. Even if you can’t participate at the $500,000 level, the new buyer in the space will put additional pressure on already tight supplies. So far, over the past 10 years, the fight against the banksters – by buying physical silver and gold – has run according to the script I wrote for this ten years ago (with prices of both Silver and Gold (and oil) capturing prizes as top performing assets for the past decade). Now it’s time to deliver Maxwell’s Silver Hammer blow!"
- Source: Max Keiser, via Maxkeiser.com
Thursday 9 August 2012
Dying for Work Protest
These two images were seen in Vegas this morning:
First image appears to be a man hanging from a billboard that says "Dying for work".
First image appears to be a man hanging from a billboard that says "Dying for work".
Second image clears up the confusion and makes it clear to people what the message of this protest is "Hope you're happy Wall St.".
Upon closer inspection you can clearly see these are only dummies. None the less I am sure this made a bold impact to those who seen it today and the message got across.
Image Source:
Sunday 5 August 2012
QE 3 in September?
"U.S. jobs data showed that the nonfarm payroll report for July produced 163k jobs. That sounds alright at first glance, however, the Household Survey conflicted with the Establishment Survey, in that it concluded 195k net individuals actually lost their jobs last month; and that the unemployment rate ticked higher to 8.3%.
Americans continue to leave the workforce—150k left last month—while our unemployment rate has now been above 8% for the last 41 months. That stubbornly high and rising unemployment rate will likely cause Mr. Bernanke to announce QE III in September...."
Americans continue to leave the workforce—150k left last month—while our unemployment rate has now been above 8% for the last 41 months. That stubbornly high and rising unemployment rate will likely cause Mr. Bernanke to announce QE III in September...."
- Michael Pento, via a recent King World News interview, read the full interview here:
Friday 3 August 2012
The Inevitable Inflation
“I am telling my clients, I am gearing them towards the inevitable inflation. But I think it’s silly to go ‘all-in’ right now. We have significant holdings in precious metals and we have written covered calls against that strategy. Then, we are ready to go all-in once we have a firm commitment on the part of these two central bankers to massively monetize the debt.”
- Michael Pento via a recent King World News article, read the full article here:
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