Re: Segment 4.
Big Al,
You know why Europe is so messed up?
Answer: They’ve got a German as pope,
and an Italian as head of the banking system.
God has always had it the other way round before! ;>)

I am with Tom, his retirement account looks exactly like mine.

moriarty is correct, the government is OUT OF CONTROL.

Hi Al,
Great segment with Doug Casey. Hope the liberals on this sight can now understand what freedom is and how we are loosing it.
A word on unemployment numbers, to make the numbers look better, the government does not include the vast amount of lost positions due to bankruptcies and downsizing of businesses.

Al,

I came across this list of religious groups who support the Obama health care
proposal. Of interest was the rather long list of Catholic groups also supporting
it.

http://thinkprogress.org/justice/2012/02/21/429184/religious-groups-line-up-to-support-affordable-care-act/

Sandy

Re: Section 5.
Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal. Has not given it yet, but only by a hair.
War: I believe you, Big Al are mistaken in believing it will blow over. Why the UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet. When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.

Do you have any recommendations for energy sector newsletters (that are as good as the Morgan Report on silver!)?

Re: Section 5.
Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
Section 7.
Yet another example of low taxation equals growth.
How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
Government is the problem; not the solution.
We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

Re: Section 5.
Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
Section 7.
Yet another example of low taxation equals growth.
How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
Government is the problem; not the solution.
We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

An excellent show Mr. Al. kudos.
You might remember me mentioning that I was in a conversation with a directer of one of the television stations here (global) about having on a banking institutions (atb) executive saying gold was like putting your money on black at a roulette wheel.
I mentioned having on their show someone that was familiar with the gold market. I recommended to him Jim Rickards. Well, low and behold wasnt Mr. Rickards on cbc
last week. I thought it was interesting he was on at about 2 am for about 2 minutes
and the interviewer was very adept at keeping the conversation away from gold.
Makes me wonder if I had somthing to do with it. Probobly not but I was truly addement that they were messing with peoples pensions and future.
Anyway, after reading your blog the other day I thought those participating might find a benefit hearing what Bill Schill would say about things. He is the most knowledgable person I have found about banks their history and what they are attempting to do. I heard somwhere that he is running as an independent for presedent. I also thought that Mr. Paul and he might benefit from a conversation, but maybe they already know each other. Just a thought about a guest for your show
To get an idea about him he has an excellent u tube “the money masters”.
22 parts 10 minutes each I believe.
Again an excellent show today, thanks.

Section 3.
I have noticed un-explained sifnificant buying of Orko, whenever it drops in price. Some entity appears to be picking up shares.
Straits of Hormuz: Just how would you physically have the US open the Straits of Hormuz if Iran decided to close them down? Iran has sunburn missiles which fly at mark II and can take out ships within 80 miles of the Straits. All modelling by the US shows even the best case only has a 90% take out of these missiles if ships are attacked.
Section 4.
Corsine is a friend of the president. Holder is under total control of the President
This is scum croneyism at its greatest, and the press is in the President’s pocket.
Re: Section 5.
Oil: It is overbought currently, my TA is beginning to show signs of about to give a short-term sell signal for oil. Has not given it yet, but only by a hair.
War: I believe you, Big Al are mistaken in believing it will blow over. Why? The UN inspectors determined that Iran had increased uranium enrichment by a factor of three. (But not close to bomb-grade yet.) When the UN inspectors asked to see and inspect another location they were kicked out of Iran. Given the anti-Israel statements that have perpetually come out of Iran, they only have a choice of pre-emptive strike or die. It is increasingly the case that Iran believes Israel will strike. e.g. see reports on Stratfor concerning Iran placement of anti-aircraft missiles, and of the currently going on air practice maneuvers.
Section 7.
Yet another example of low taxation equals growth.
How many times will liberals try to preach, Government needs to spend to produce growth? Hundreds of examples over history demonstrate just the opposite is true.
Government is the problem; not the solution.
We don’t have proof of Iran going after a nuclear weapon! Open your eyes. Explain why UN inspectors were kicked out. I hope there will be no war, but I see ostrich behavior, Big Al, on your part. Ask whether there would be loss of face if Iran, after all its statements, did not go on to produce a nuclear weapon. Now re-think your position; is it arrived at through wishful thinking or from examining the facts. I hope I’m wrong, but adding up all the evidence, I don’t think so.

Big Al,
What’s the difference between the MF Global head “goon” and Al Capone of the 1920’s – Chicago fame……ANSWER: absolutely nothing. Big Al, that guy should be in jail for something…period…!!
Marc

It seems on this particular computer whenever my hand passes close to left click, whatever I am typing posts!! Most strange. Ionly though I was posting two messages. Apologies.

Al,

I listened to your program (weekend). Thanks for Mr. Casey’s
explanation of libertarianism. It confirms my prior understanding
of it and confirms to me that it is not what I want to support.

Thanks also to all the information people posted on the global
warming hoax. It also confirms for me without a shadow of a doubt
that I was right in the first place.

I’m tired of taking all the verbal abuse on this site. I gave
it a second chance but I find that the posters here are
too abusive and too closed minded (except you Al) for
me to gain anything of further use from more postings.

Yours truly forever,

Sandy

Sandy, Are you “tolerant” of those who want less government and to keep more of their money? Probably not. I’ve come up to conclude that the Left is an intellectually and morally bankrupt movement with nothing to offer in terms to real solutions to real problems.

Hi Big Al,
Since the first of the year, world central banks are in agreement of managing a global QE. Resource sector assets will do well and the stock market. Inflation
is near. Great show, many thanks.

qe

Your Moriarity segment bizarrely picked on a mining stock referred to as Scorpio.
It was apparent you and your guest were not current with at least one of the companies.
I have no comment on Nevsun.
It is apparent that at a minimum your comments blurred “Scorpio Gold” with “Scorpio Mining”.
Although Scorpio mining owns 15 million shares of Scorpio Gold they are two very different investment concerns.
You referenced “silver producer”. Moriarity referred to “Nevada project”.
It is obvious to me each of you were not thinking about the same distinct company.
At the end you compared ‘Scorpio’ unfavorably to Goldcorp….certainly an apples to oranges comparison for “Scorpio Mining”.
I believe you owe each company a fair airing of their attributes.
I have known your presentations to be always fair….please review this segment.
An up trending million plus ounce…2.8 million ounce AG equivlent producer with highly prospective property deserves a better look with your listeners.
Bill Matlack gives Scorpio Mining his highest rating for junior silver companies. 1.3 – Although not gospel….his rating is well respected and the “Scorpio Mining”
rating is best in class higher than multiple of your sponsors who fit said category.
As a shareholder of Scorpio Mining http://scorpiomining.com/s/Home.asp I think you should ask Parviz Farsangi CEO to be a guest and clear the air.
He is a well spoken, passionate about his company and who knows a potential sponsor.
I say this in fairness only as my SMNPF/SPM holding are currently at a place holder level. But fair I am sure you will be with airing at least a clarification.
Still a fan!
Cordially,

Dennis M. O’Neil
Attorney at Law
3982 Powell Road #150
Powell, Ohio 43065
1(800)395-8787

I am opposed to The XL Keystone Pipeline not because I am a rabid environmentalist but because I think like Bob M, it’s time to take the bottle away from “The Drunken Sailor”. Getting The US off all foreign energy is the only alternative, the solution will follow this change.

I’m using a different computer so hopefully this won’t multiply post.
the satellite phone hook-up is dodgy though!

Talking about croney capitalism:
Most of the realestate owned mortgage-defaulted houses on the books of Fanny Mae and Freddie Mac will be offered to Hedge Funds for pennies on the dollar.
(This in direct contrast to how the savings and loan real estate crisis was handled by the resolution trust under Reagan. This time individual buyers will not be offered the chance to buy, rather everything is being steered towards croneys of the President.)
The totals amount to 800,000 homes. Statement when asked why he was doing it this way, from the White press officer was “The president does not want to depress the housing market” My follow-up would have been: what do you think the hedge funds are going to do? While pocketing needlessly-given profits, don’t you think the hedge funds will market the houses?
Of course the anarchist in me says: shut-up, the government would simply waste more billions if it tried to market the houses.

Europe is very worried by apparent Chinese dumping of goods. Clearly the Chinese have an oversupply of many manufactured goods as their internal market has slowed.
The EU government appears to be too pre-occupied with the euro crisis to react to the dumping.

English auction houses report extreme quantities of sterling silver, 92.5% silver plates, bowls, silverware, jugs, etc coming to the market.
To English readers of this post: One of the banks that will probably go belly-up when Greece defaults is Santander, and it will ossibly also bring down its english subsidiary. Make sure any holdings you have in Santander are under the 80,000 GBP insurance limit. (Expect the UK government to take several months to handle any insurance payments)

Big Al, Sorry for the multiple postings earlier. Please feel free to remove some.

This is fun:
Gold Bubble Mania Hits Southern California!
http://www.youtube.com/watch?v=xR79r9WmUQM&feature=channel_video_title

Bobby
Yeah, I just got that on my e-mail and it cracked me up something big-time!
Marc

Perhaps these people, could not afford to buy GOLD. I would say to them, BUY SILVER its cheaper , & i believe its a better play. ……….Just my opinion .

English auction houses report extreme quantities of sterling silver, 92.5% silver plates, bowls, silverware, jugs, etc coming to the market.

That is not surprising considering Britain’s role in destroying the silver standard in both China and India to implement their fiat system to rule the world by.

Must be a lot of silver tucked away in British vaults after they destroyed both of those countries silver backed economies-the most powerful in the world.

“The British Government determined to destroy silver as money.”
Nevada silver Senator Key Pittman,quoted in China Weekly Review,Shanghai,Jan 30,1931

this post is likely too late to gain any views, but I would submit that Mr. Casey is closer to an anarchist or in the least a big L libertarian. If taxes are strictly voluntary I would fear for my family’s financial health if I were a police officer hoping for donations in a non-wealthy area. I personally espouse to Friedman’s small L libertarian views of just enough for the police, the military and the courts…perhaps 10% tax as espoused by Ron Paul via youtube at some point months ago.

Going Galt. Atlas Shrugged………

How many on this page have considered going galt, or know someone who has. This is something most people don’t even think about or realize until they discover they have already Gone Galt.

I have Gone Galt for some time now, and there are more people doing the same thing. This is death for an economy and country if the reasons for Going Galt are not stopped. But I see very few people concerned mostly because they have no clue or are ambivalent about the problem.

To Go Galt means in modern times, that when regulations, taxes, fees, corruption and total failure of a working legal system creates such discouragement to invest in mines, factories, businesses or any productive operation beneficial to society, that such a person won’t do it. Investment falls, jobs decline, productivity decline and overall economic activity becomes depressionary if allowed to continue. This is where the US is heading, just like Greece, Spain, Italy and now showing up in Japan.

Jim Rogers, Marc Faber and Doug Casey know precisely what this means, but most Americans still don’t get it.

Suppose you were to ask someone on the street they were forced to choose between getting 100% of nothing or 0% of all, which would they choose? This is the situation the government is putting most Americans in without them realizing it. The point is, the correct answer to this question is to refuse both regardless of force, but most Americans will accept being forced to do something because they want to fit in. I recommend Going Galt.

There are times in everyones life that no matter how many times we are told not to do something we go ahead and do it anyway, Why? Because we just have to feel the pain in order to understand the logic. I believe that humanity is at just such a crossroads regarding Nuclear weapons. I just hope it isn’t our last chance at redemption.

…down here Jerry O^OTB

Superdobbs is a reference to a character in “The Treasure of the Sierra Madra”; Mr. Fred C. Dobbs – played by Bogie in the film.

As far as England goes, I did live in London (Hounslow to be exact) for about 1 1/2 years.

Mr Korelin, I enjoy your website very much and have recommended it to many people.

But regarding the views on muslims expressed by you and Brent Cook, I do not know where you, Brent and many media types are going with that.

Even if it is only a minority of muslims that want to kill us, this minority is about 250,000,000 mental defectives and another 250,000,000 who are tacit fans of those 250,000,000 mental defectives.

Nazi Germans and there fans may have been a minority of the German people, but look at the damage they did.

Probably, it was a minority of British that were against the independance of the American colonies. Therefore Americans should have tolerated their presence?

Cook I belive is really super naiive regarding Islam. He knows where his bread is buttered. I fear the European and American and Canadian MBAs who are ready to blame their own countries for attitudes against Islam.
There have been 18,0000 muslim attacks since 9/11.

Almost 5 muslim attacks a day!!! Against maninly other muslims and Christians and Buddhists.

He may be fooling himself and his readers but not the less liberal minded and more knowledgable of us.

He should read about the attitudes of Thomas Jefferson re: Islam and the UNPROVOKED attacks against American and European ships.

Turkey a mediator? Just to buy time. Turkey has more Imams than doctors. Turkey has a mosque for every 350 people. It has become very Islamicized. I am very suspicious of their actions.

Yes the muslims have the gold and silver and a lot of it and
Cook is not alone. He will be a Democrat or a Libertarian and bash Republicans until a muslim kills someone he used to know. That’s how it is.

And that is why Islam is winning.

You cannot debase a currency and a culture separately.
But when you debase one you inevitably debase the other as they are measures of each other.
One has surmized it better than I could:
“I went at your bidding, and passed along their thoroughfares of trade. I ascended their mountains and went down their valleys. I visited their manufactories, their commercial markets, and emporiums of trade. I entered their judicial courts and legislative halls. But I sought everywhere in vain for the secret of their success, until I entered the church. It was there, as I listened to the soul-equalizing and soul-elevating principles of the Gospel of Christ, as they fell from Sabbath to Sabbath upon the masses of the people, that I learned why America was great and free, and why France was a slave.”
Empty Pews & Selections from Other Sermons on Timely Topics, Madison Clinton Peters; Zeising, 1886.

My take:
So there America will be prospering with Sunday morning standing room only or listing at the sight of empty pews.

Bob Moriati is SPOT ON ACCURATE 1000%. This is why I closed my Scottrade account last year. Sorry fellers, you’re dealing with criminals in the financial and political system, get use to it and cover your assets with the emphasys on the first three letters of the word “assets”.

[…] The Korelin Economic report. Rick and Al Koreling discussed gold, silver and junior mining issues. The link can be found here. Rick’s is segment […]