Seriously, I cannot understand how anybody can miss what Max and Stacy and everybody else here I guess are seeing. I mean the manipulation is so obvious on the market. All the signals of what is going on is there right in front of everybody to see.
@Max, Stacy, What is your relationship to the big news-networks (as BBC, Reuters, TT and others). I see news appearances on Al Jazeera and Press TV and earlier on France 24 and of course BBC with the show “The Oracle”. I am guessing there is a collective will from the big networks not to broadcast your opinions on prime time. Which is sad, even my wife (who isnt really interrested in news and stuff) thinks everything you guys say is IMPORTANT and should be broadcasted over WHOLE OF EUROPE.
Just received Mike Rupperts new book – A Presidential Energy Policy: Twenty-five Points Addressing the Siamese Twins of Energy and Money
it looks like grim reading.
“There is much popular talk about the coming new Green Economy; about how America will rebuild itself to new and undreamed of prosperity by building an economy based on alternative, carbon-fee or low-carbon energies……(the) other half is the fact that all these green energy companies are going to issue stock, borrow money and commit themselves to endless growth because they will function in the same economic paradigm that governs everything else. They’re screwed before they even get out the gate – especially for the brief interval where oil will stay below $100. In the Peak Oil movement we have called this ‘The Bumpy Plateau’ for more than a decade. Any attempt at economic recovery will result in an immediate oil price spike in the face of depletion, which will kill the recovery and take another, deeper bite out of what was left when the recovery started.” Mike Ruppert
……Could you maybe discuss the relation between energy and money in the overall global economic structure on the next TAM?
Just received Mike Rupperts new book – A Presidential Energy Policy: Twenty-five Points Addressing the Siamese Twins of Energy and Money
it looks like grim reading.
“There is much popular talk about the coming new Green Economy; about how America will rebuild itself to new and undreamed of prosperity by building an economy based on alternative, carbon-fee or low-carbon energies……(the) other half is the fact that all these green energy companies are going to issue stock, borrow money and commit themselves to endless growth because they will function in the same economic paradigm that governs everything else. They’re screwed before they even get out the gate – especially for the brief interval where oil will stay below $100. In the Peak Oil movement we have called this ‘The Bumpy Plateau’ for more than a decade. Any attempt at economic recovery will result in an immediate oil price spike in the face of depletion, which will kill the recovery and take another, deeper bite out of what was left when the recovery started.” Mike Ruppert
……Could you maybe discuss the relation between energy and money in the overall global economic structure on the next TAM?
GLD is presently attempting to break to new highs above its 08Mar high of 100.44. This fund has overcome significant resistance volume between 85 and 95 – prior volume expended above 95 is not significant. It should be noted, however, that rally volume off of the 09Apr low of 84.92 is less than encouraging for the bulls, although price is not yet seriously overbought.
Should the prior high of 100.44 be broken, price expansions from the 09Feb-09Apr decline suggest upside targets of 108 and 122. Expansions from the larger decline from 100.44 to 68.81 would put targets at 120 and 152. A current figure chart price objective is 119. A sustained break out would, therefore, present a reasonable objective of 120, or a gain of around 19%.
Straight line projections on the lower Keltner line at the likely point of breakout would necessitate a stop being placed at somewhere around 95 (currently around 88). A breakdown would likely present a loss of around 7%. While I prefer taking trades where possible profits are at least four times the possible loss, and GLD falls short of that goal, I will still be long on the breakout.
The reason is that a new high in GLD will be concurrent with a new low in the dollar and the fall and rise of all sorts of other dominos.
@ptah, yes, I can make a scatterplot if enough people place their bets (and expectations), that’s a bit of work though. It works in its current form, we can all place our bets
Maybe transform the data-heavy lower section into something more human-scale via ajax like a chart or graph. The numbers are meaningful I am sure, but they do not help one understand the site narrative within a realistic timeframe. I don’t mean to be critical, just a comment.
You can specify the time, date and price (entering alredy works. Then you can track the bet and get an email if it is a win. No money involved for now..
Scarenario: Stealing From Retirement Accounts Early Warning, “Global regulators should force banks to hold assets such as government bonds” http://www.worldofwallstreet.us/2009/05/scarenario-stealing-from-retirement-accounts-early-warning-global-regulators-should-force-banks-to-h.html
…
…
… As you probably know, the way the Argentine government stripped the middle class of their savings in the 2001 currency / financial crisis was to force a huge fraction of all savings into government bonds and then to devalue the currency / value of those bonds. It took a very short time (handful of weeks) from when the money was forcibly transferred until the value of those government bonds were cut by something like 80%. …
…
…
@ Stacy – I’m still behind the curve and trying to figure out what moves with what. Is it generally true that when world markets are gaining, the dollar suffers? Or is the inverse relationship mentioned here:
“The dollar has tended to trade inversely with stocks as falling markets prompted a safety play for cash. When stocks rise across the board, the dollar tends to suffer as investors trade in their greenbacks for foreign equities and bonds.”
I saw a couple of you posting your gold bets on one of your other threads. Sounds like it might be time to start betting on oil prices, too. “Green shoots” stories make me laugh. Seeing the markets react to green shoots stories and recovery prognostications just freaks me out. They’re going to kill us if they keep it up with the oil.
http://solari.com/blog/?p=1323
for all you psycologists out there……what of the sacrificial lamb and the cheering mob!!,……..hmmm
It’s a shame Max didn’t make Tim geitner and Hank Paulson to confess.
Seriously, I cannot understand how anybody can miss what Max and Stacy and everybody else here I guess are seeing. I mean the manipulation is so obvious on the market. All the signals of what is going on is there right in front of everybody to see.
@Max, Stacy, What is your relationship to the big news-networks (as BBC, Reuters, TT and others). I see news appearances on Al Jazeera and Press TV and earlier on France 24 and of course BBC with the show “The Oracle”. I am guessing there is a collective will from the big networks not to broadcast your opinions on prime time. Which is sad, even my wife (who isnt really interrested in news and stuff) thinks everything you guys say is IMPORTANT and should be broadcasted over WHOLE OF EUROPE.
waterboard the whole federal government!
@ Monsieur Keiser
Just received Mike Rupperts new book – A Presidential Energy Policy: Twenty-five Points Addressing the Siamese Twins of Energy and Money
it looks like grim reading.
“There is much popular talk about the coming new Green Economy; about how America will rebuild itself to new and undreamed of prosperity by building an economy based on alternative, carbon-fee or low-carbon energies……(the) other half is the fact that all these green energy companies are going to issue stock, borrow money and commit themselves to endless growth because they will function in the same economic paradigm that governs everything else. They’re screwed before they even get out the gate – especially for the brief interval where oil will stay below $100. In the Peak Oil movement we have called this ‘The Bumpy Plateau’ for more than a decade. Any attempt at economic recovery will result in an immediate oil price spike in the face of depletion, which will kill the recovery and take another, deeper bite out of what was left when the recovery started.” Mike Ruppert
……Could you maybe discuss the relation between energy and money in the overall global economic structure on the next TAM?
@ Monsieur Keiser
Just received Mike Rupperts new book – A Presidential Energy Policy: Twenty-five Points Addressing the Siamese Twins of Energy and Money
it looks like grim reading.
“There is much popular talk about the coming new Green Economy; about how America will rebuild itself to new and undreamed of prosperity by building an economy based on alternative, carbon-fee or low-carbon energies……(the) other half is the fact that all these green energy companies are going to issue stock, borrow money and commit themselves to endless growth because they will function in the same economic paradigm that governs everything else. They’re screwed before they even get out the gate – especially for the brief interval where oil will stay below $100. In the Peak Oil movement we have called this ‘The Bumpy Plateau’ for more than a decade. Any attempt at economic recovery will result in an immediate oil price spike in the face of depletion, which will kill the recovery and take another, deeper bite out of what was left when the recovery started.” Mike Ruppert
……Could you maybe discuss the relation between energy and money in the overall global economic structure on the next TAM?
To Goldbugs:
Please see http://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=3&mn=0&dy=0&id=p13953633095
GLD is presently attempting to break to new highs above its 08Mar high of 100.44. This fund has overcome significant resistance volume between 85 and 95 – prior volume expended above 95 is not significant. It should be noted, however, that rally volume off of the 09Apr low of 84.92 is less than encouraging for the bulls, although price is not yet seriously overbought.
Should the prior high of 100.44 be broken, price expansions from the 09Feb-09Apr decline suggest upside targets of 108 and 122. Expansions from the larger decline from 100.44 to 68.81 would put targets at 120 and 152. A current figure chart price objective is 119. A sustained break out would, therefore, present a reasonable objective of 120, or a gain of around 19%.
Straight line projections on the lower Keltner line at the likely point of breakout would necessitate a stop being placed at somewhere around 95 (currently around 88). A breakdown would likely present a loss of around 7%. While I prefer taking trades where possible profits are at least four times the possible loss, and GLD falls short of that goal, I will still be long on the breakout.
The reason is that a new high in GLD will be concurrent with a new low in the dollar and the fall and rise of all sorts of other dominos.
I wonder if it’s the Fed intervening again towards the gold price.
Brilliant.
@Max, Stacy. I know I have said/written this before but you guys are HEROES!
@Max
( Hey Stacy, try and get him to finally answer one of my questions … please )
Hi Max,
you keep telling everyone to buy Gold and Silver.
So I presume you have an Exit Strategy ?
i.e. when to sell .. if at all ?
Various Scenarios – limited to 1-2 years for those that think longer predictions are impossible.
#1
US$ crashes , Gold climbs to 2000$/6000$.
Sell Gold in exchange for US$s or Euros ?
#2
US$ crashes along with all other Fiat currencies.
What to do ?
Hang on and wait for a NWO to introduce digital money ?
#3
Your turn !
Seriously, what is “your” expectation and exit stategy ?
TIA
@ptah, yes, I can make a scatterplot if enough people place their bets (and expectations), that’s a bit of work though. It works in its current form, we can all place our bets
http://www.milligrambank.com/
You can use your current alias and bet as often as you like.
The page needs to be open in some browser to capture the kitco data..
It doesn’t save emails or cookies at the moment, its just for fun
Mother Earth:
Maybe transform the data-heavy lower section into something more human-scale via ajax like a chart or graph. The numbers are meaningful I am sure, but they do not help one understand the site narrative within a realistic timeframe. I don’t mean to be critical, just a comment.
I’m halfway done with a quick gold betting site, used a temp domain..
http://www.milligrambank.com/
You can specify the time, date and price (entering alredy works. Then you can track the bet and get an email if it is a win. No money involved for now..
Any suggestions?
heeeeee!!
reverse reaction from me…
milk thru the nose due to explosive laughing…
LOL
IMF gold sale: US Congress approval next week
http://www.commodityonline.com/news/IMF-gold-sale-US-Congress-approval-next-week-18234-3-1.html
How convernient …. how many more times will they cry “wolf” !
( scare people out of gold back to USTbonds )
@sharon
where do i get that fluoride filter for the water? I thought it was impossible to get it out once it was put in????
I like the ‘related videos’ . . . Family Guy Puke-a-Thon?
Argentina’s trick ?
Scarenario: Stealing From Retirement Accounts Early Warning, “Global regulators should force banks to hold assets such as government bonds”
http://www.worldofwallstreet.us/2009/05/scarenario-stealing-from-retirement-accounts-early-warning-global-regulators-should-force-banks-to-h.html
…
…
… As you probably know, the way the Argentine government stripped the middle class of their savings in the 2001 currency / financial crisis was to force a huge fraction of all savings into government bonds and then to devalue the currency / value of those bonds. It took a very short time (handful of weeks) from when the money was forcibly transferred until the value of those government bonds were cut by something like 80%. …
…
…
FWIW
@ Stacy – I’m still behind the curve and trying to figure out what moves with what. Is it generally true that when world markets are gaining, the dollar suffers? Or is the inverse relationship mentioned here:
“The dollar has tended to trade inversely with stocks as falling markets prompted a safety play for cash. When stocks rise across the board, the dollar tends to suffer as investors trade in their greenbacks for foreign equities and bonds.”
a recent trend?
Source: http://www.huffingtonpost.com/huff-wires/20090529/us-dollar/
I saw a couple of you posting your gold bets on one of your other threads. Sounds like it might be time to start betting on oil prices, too. “Green shoots” stories make me laugh. Seeing the markets react to green shoots stories and recovery prognostications just freaks me out. They’re going to kill us if they keep it up with the oil.
Gold is taking a minidive too..
MAX KEISER SAVED ME FROM APATHY!!!!!!
@david – um, please, Max doesn’t need any encouragement!
@everyone else – what about the speed of the dollar decline today!? Looks like cliff diving to me
You should get yerself one these http://www.xikar.com/cutters_xi.asp for yer Geitner/Paulson effigy
The summary says you’re a ‘rogue economist’ Max. Surely not?!
that’s the spirit!
Yes! Max’s mojo is definetely recuperating
When I saw all of those newspapers laying there, I was expecting some serious waterboarding. Max let Timmy off the hook!
I lol’d