The changing role of geopolitics in the markets
Hour 1:
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Hour 2:
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Hour 1:
- Segment 1: Chuck Provini introduces Natcore Technology a company covered in the past by ABC, Fox News, and The New York Times.
- Segment 2: Axel Merk of Merk Funds discusses how the strength in the US dollar impacts countries around the world.
- Segment 3: Dan Oliver, President of the Committee for Monetary Research and Education,discusses the economy.
- Segment 4: Don McCoun, owner of Radio Station KUIK and Marine veteran, expounds on his love for the U.S.
- Segment 5: Jeff Deist, President of The Mises Institute, discusses the social function of economic inequality.
- Segment 6: Mark Fralich, President of Idaho North Resources, discusses the mood at two investor shows the company recently attended.
- Segment 7: Martin Katusa, Chief Energy Investment Strategist for Casey Research, discusses cyber security.
- Segment 8: John Kaiser of Kaiser Bottom Fishing Report, discusses the changing role of geopolitics in the markets.
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CFS Putin holds all the aces and only PCR seems to understand this!
Maybe not all, but certainly a lot of them Rev
funny, just had a conversation about that on another site, personaly, I think Putin knows he holds the cards, but he doesn’t want war, he is making deals with china, he also just bought another 600 thousand onces of gold.
somebody around here was saying Russia was selling the other day.
Jeff Deist makes a very accurate statement.
“The fractional Federal reserve banking system is a transfer of wealth from the saver/investor to the spender/borrower.” No one borrows more money than the Federal government, except for the TARP and bank bailouts.
I have done extensive calculations and would like to add some quantitative numbers to Jeff’s very accurate subjective analysis.
I have calculated the total transfer of wealth as a function of the money supply and determined that this is the largest source of revenue for our government and it is entirely off the books. This transfer of wealth is larger than the corporate income tax revenue. It is also larger than the private IRS tax revenue.
This is a transfer from the investor to the borrower. The best investment one can have is a small business. I call this transfer the hidden tax due to inflation. I will now calculate the hidden tax due to inflation on a small business investing 1 million dollars with a 15% return on investment.
The hidden tax due to inflation on this small business is 1/3 of the original investment per year. 1 million will grow to 12 million in 18 years at 15%. In 18 years the value of the currency will be ½ the original value. Without inflation the biz would have earned 12 million. With 4% inflation the biz only earned 6 million over this 18 year period, or 6/18 equals 333K per year. This is completely off the books and is in addition to employment, corporate and other taxes. This is one of the reasons for the decline in small business over the last 60 years.
Now for the Zinger. In a fractional reserve banking system the amount of money transferred to the government by the hidden tax due to inflation is equal to the reserve requirement 1/10 to the government and 9/10 to the banks.
When the government borrows 1 trillion dollars and deposits it in the banking system the banks can now lend out 10 trillion dollars. (1/10 banking reserve requirement.) When the debt is paid back in 18 years the money is only worth ½ its original value, so only ½ the original loan value is paid.
The gov payed back ½ of 1 trillion or .5 trillion
The banks payed back ½ of 9 trillion or 4.5 trillion
only 1/10 of the wealth transfer actually went to the government and 9/10 went to the banks.
The average inflation since 1913 has been 4%.
From 2000 to 2008 it was closer to 8%.
If I worked for the government and my job was to design the perfect tax system then the tax due to inflation is it. If you have no money or make no money you pay no tax, but if you have or make money it is taxed at a staggering rate. The government revenue from this tax is totally off the books. There are no forms to fill out, and the balance of your accounts does not even change. It is almost undetectable by a casual observer, but the value of your money decreases with time.
Excellent comments from Dan Oliver regarding the differentials between industrial commodity inputs and gold mining company balance sheet changes. It is not just oil of course that is now offering a benefit. I also agree that this current crash in energy prices have not been priced into gold equities yet but that is because the benefits have not yet fed through to the bottom lines. This will be a welcome change in the new year. For me it is one of the most compelling reasons to start looking at producers again. Changes start at the margin and this is a good change.
Cory, about waiting for results from the mining companies regarding lower energy cost inputs…..we really need to be forward looking in this regard. What I am saying is we KNOW that in many cases companies are going to be reporting better earnings as a result. That is a certainty after a nearly 50% crash in oil prices. Waiting until after results get posted therefore means missing the upside in some miner stock that will inevitably follow positive statements. You know me…I am a pretty conservative guy where speculation is concerned but when I know I have a solid tailwind at my back and I can see an advantage then it is time to strike.
Again I agree.
Cory, about waiting for results from the mining companies regarding lower energy cost and related industrial inputs…..we really need to be forward looking in this regard.
What I am saying is we KNOW that in many cases companies are going to be reporting better earnings as an outcome. Most certainly if gold keeps rising in conjunction with those changes.
So it is a certainty after a nearly 50% crash in oil prices that miners will finally catch a break. Waiting until after results get posted therefore means missing the upside in some mine stock that will inevitably follow positive statements.
You know me…I am a pretty conservative guy where speculation is concerned but when I know I have a solid tailwind at my back and I can see an advantage coming then it is time to strike.
And I am not alone. This is just the kind of medicine the old hands have been waiting for. It is exactly what the sector needs to start turning their flagging fortunes around.
The public will figure it out in news clips long after the fact.
Weird, I double posted and was not aware I hit the send button twice. Must be getting old and daft. Shoot…I knew this was coming!
Welcome to my world, Bird!
Well, howdy stranger!
Could not agree more regarding lower costs not priced in yet, Bird!
I remind folks that Sony is a Japanese company and proximity of Japan and N. Korea is not the same as U.S. and N. Korea.
By the way, Cyber-terrorism was initiated by the U.S. first on Iran.
I don’t know if I agree with John Kaiser with regards to the cause of the oil price drop.(my gut feel is that Saudi Arabia is not responsible for it.)
CFS….That’s my gut feeling also…..Kerry visits the royal family, kisses some ass reminds them who has their back…& says now you really have to help us out with this Putin problem……..
I actually still am of the opinion it is an agreement.
Sorry to hear your friend defend torture on your show Al but he really exposed himself with assinine militaristic nonsense and summed up his position so elequently when he said all those people like Bob and me “can go to hell” if they disagree with torture and our incessant military terrorism of the world. His marines were in my wifes country of origin which is Nicaragua for many years in the early 20th century. They weren’t protecting “our Freedoms” like so many shallow thinkers in the US parrot from that clown George Bush, but rather subduing the restless populace for the benefit of the US based agricultural companies and the banks that financed them. That one example of many for your friend to ponder before he tells moral minded people to “go to hell”.
Mark, agreed. You have to be one mindless individual to find justification at ANY point to allow torture. Even if Als comments were incorrect(which they arent) in the fact that it doesn’t work, commencing with torture is more of a danger and a knife in the back of our freedoms, security, and moral / ethical authority than any so called terrorist. And I can tell you for certain if our government reallly gives a damn at all about security the simple solution is stop invading these countries, and instead of exporting violence and weaponry simply export medicine… food.. etc. He’ll they could have eliminated world poverty with less than half of what they spent obliterating Iraq. But hey after all, force IS the weapon of the weak.
Jay….I also agree with you…..Anybody who agrees with this behaviour is just as evil as the people who carried it out.
Jay,
Force is definitely the weapon of the weak.
Thanks for the comment and God bless.
amen Jay. That guy Al brought onto the show has allowed himself to be deformed as a person by embracing unjust violence.
mark m……Very Very Very Well said….Just what did the “EVIL SWINE ” gain from the needless pain they inflicted on fellow human beings who could not defend themselves……Perhaps that’s how these people get their sexual gratification.
Agreed. If we agree with the idea that one should BE the change you want to see in the world, just goes to show you what kind of world the likes of the u.s. regime want to live in
Thanks for the comment, Mark.
Remember that we are on the record as being against violence. Right or wrong everyone is entitled to an opinion.. supposedly that is what freedom is all about.
Yes Al they are entitl;led to their opinion as long as they remain civil and respectful of their adversary, neither of which were adhered to by your guest. he embarrassed himself.
You are right Mark.
Geez, this McCoun conflates all sorts of things. For one thing the vast majority of those held in Guantonamo had nothing to do with the 9/11 plot.
And he thinks history started on 9/11. The Amerikan gummit has been meddling in foreign countries for over 100 years and it came back to bite. Even the CIA has warned of blowback for decades.
Defending South Korean property? (What the hell were American boys doing that for?) Somebody has to be the big brother? Somebody has to go to war? What clap trap.
This guy ought to read Smedley Butler’s (the most decorated marine in history) “War is a Racket.”
Hush up and let the real men handle the situation? More clap trap.
Was this McCoun ever in combat? Did he have to kill other human beings and get shot at? Well Bob did. And McCon has the nerve to tell Bob to shut up?
What a con this McCon is. Or maybe he should be called McNeoCon.
He is a brainwashed sheep. The constant medling in the affairs of other countries has nothing to do with defending our freedom. It creates enemies for the average American and costs the average American a fortune in taxes and debt (which will result in even higher taxes and more inflation if we don’t get a deflationary collapse first).
All this meddling is designed to benefit corrupt special interests, not protect American’s freedom. Yet this poor, brainwashed sheep cannot possibly comprehend this because he buys hook line and sinker what his government masters tell him.
the worst part of all this is the guy has a RADIO STATION……..and get to blast out all the bs..
Jerry….I learned years ago….Shutting down a small radio station is simple.anybody living near this station could do it in minutes…. But having said that people who live in earshot of a local station who give the truth…Defend it with your lives.
I AGREE ……defend the truth………………..
Mark, Ive read the story, this is a great example as to why the U,S, is loved so much. (sarc) Then they defend it, even on sites like this, disgusting actualy.
Some people are just not worth knowing.
Jeez, ‘ We don’t fight like that?’
btw reminded this week of the famous ‘638 ways to Kill Castro’ documentary about the numerous US assassination attempts over the decades.
https://www.youtube.com/watch?v=aA744ClKLOY
“we don’t fight like that” was just plain idiotic. We committed atrocities in every war we fought in since the civil war ushered in the concept of total war which basically means terrorize civilians. Pick a war and i can show you numerous acts of terrorism including the “good war”. How does fire bombing civilian population centers in Tokyo and Dresden strike anyone? We even capped that war off with the deliberate murder of about 250,000 civilians in japan and those two cities had nothing of military significance. That is the definition of terrorism.
What a joke Don McCon still live’s in la la la LAND ! Sad to see !
I’m sorry Al, I know he’s a friend but that segment of absolute nonsense did this mornings otherwise tremendous show a great dis service.. last week you guys were adamantly against torture of any kind and here you have someone talking it up with all the patriotic fervor and nonsense one hears on the likes of fox. (Patriotism is a cowards last refuge). Bob clearly had fantastic points last week for the most part and never once did HE advocate violence let alone torture as a measure to protect our freedoms etc. .
I have to add, despite dons telling people to shut the hell up and his condemnation if others who served and who disagree with the atrocities the regime in Washington continues to carry out, I know of a LARGE number of people like Bob who have served and now speak out vehemently against the actions of the u.s. government. Whether it’s Snowden on the n.s.a., soldiers who toured in Iraq who know how wrong that entire mess was and refuse to aid these criminals anymore, to people like Utah Phillips who served in Korea and have come back only to condemn the violence they and the u.s. carried out there….
I cannot believe that is completely true. Sorry
I KNOW AL ! You have a complacency can’t bye changes ! Only Jesus can help !
I will say it again, Jay. Everyone has a right to their opinion.
I totally agree Al, but he’s putting forth several claims of fact that are complete fabrications in order to argue against an important number of issues.
1. Jet fuel CANNOT melt steel.
2. The Taliban were great buds of the u.s. gov while it was Russia occupying Afghanistan not America
3. Whether we like it or not, the Bush regime BROKE international law and should be tried for war crimes. Period. And your guest is talking about that regime as having done pretty good??
I love varying opinions Al as they lead to great debates and hopefully better understanding all around. My problem is with putting forward False claims as honest objective facts. That’s all
I agree with all of Jay’s posts today regarding your guest Don McCoun:
“You are entitled to your own opinion; you are NOT entitled to your own facts”
Brian
+1 Brian
Al, does every opinion deserve KER airtime?
That’s a fantastic way to put it Brian. As a side not Al last week you guys went on record as being 100% against Not violence (which of course is assumed of any reasonable people) but 100% against “Torture”. Why the re-wording this week? (Just curious I guess if it’s just being polite to your friend or if he’s actually convinced you otherwise re: torture or politely put enhanced information gathering)
I agree with Jay, some opinions are just bs, I find it sickening that people will justify torture, these are similar to the people that justify pedophilia mass murder genocide etc.
Ill never figure out how people can justify these things, but they do and they actually believe it, and then call themselves patriots and wonder how their country ends up a police state.
The population evans don’t know what Mises institute talks about ! Sad sad to see !
Martin Katusa ? Are you 007 ? Sad sad to see !
Very, very sad James!
This comment pertains to Misis and not Marin.
No Jay no body has convinced us otherwise. WE ARE AGAINST TORTURE.
Bird,
I’m going to suggest waiting on gold till it can get back above 1225. In the meantime play the energy sector as oil is due for a bounce and the energy stocks are acting like at least a temporary bottom is in.
No problem Gary. Truth is that no matter how well we think we know a market there is always an element of risk. Best laid plans I guess. And pulling the trigger is a personal decision. I am just calculating odds here and I think they are on my side.
Plus, I can always console myself that I evaded a roughly 70% decline in silver since the peak when I was last a serious holder. 🙂
Mr. McCoun,
I do understand your views. You are like most Americans. Misguided, brainwashed and indicotrinated. Therefore, dilusional.
Since you speak of 911. Answer this question.
Why and how did building 7 fall at free fall speed?
If you have never heard of building 7, that’s ok. You just watch the main stream news. So I want you to research it, and answer the question.
It would be ..so… Patriotic of you. (To get to the truth)
Yes. The 9/11 commission was a whitewash. The gummit will do all it can to make sure most Americans never know the truth. And they especially don’t want the average American to know the truth about all the meddling the American government does in other countries.
The constant medling in the affairs of other countries has nothing to do with defending our freedom. It creates enemies for the average American and costs the average American a fortune in taxes and debt (which will result in even higher taxes and more inflation if we don’t get a deflationary collapse first).
All this meddling is designed to benefit corrupt special interests, not protect American’s freedom. Yet the Amerikan sheeple can’t understand this.
I really do hope Al permits Bob a retort with a long fact check for Mr. McCown 😉
Jay I Hope so ! I Don’t now way AL interview Mr McCown Only a radio pumper to mislead the SHEEPLE !
James everyone is. Even your opinion about the Pope.
And Bob moriarty opinion on Mr McCown ATTACK ? ? ? KIKK ASS MORIARTY !
ditto…………….chartster…………
bring out BOB…………AND HAVE A REAL DEBATE……….
McCoun needs to do some home work……………
HE CAN’T STAND THE TRUTH…………….
here is a good one………….while living in Charleston, SC…….I had a LT.COL from the Marine corp living down the street from me………….the guy use to spray paint his grass green in the winter………..
BOB BOB BOB BOB IS https://www.youtube.com/watch?v=LqIlnF2zjz8
Where are 4 musketeers? meehhhhh
Hey, its almost Christmas. Everyone needs a week off now and then!
Yes Bird but this too much fun!
We can see OIL drop more ! And dollar UP ! Sad to see how diss boys manipulate the WORLD !
lol…..Al’s show is nothing but fun to participate in.
Gary ‘ s here lol. I swear that guy gets about 8 hrs of sleep a month
A good interew off John keiser ! Cool man !
There is some real cognitive disonance on this show today. One example, Deist rightly points out that the government is ripping off savers with negative real interest rates. Yes, this is just one example of what a criminal enterprise the government is.
Yet according to McCon we are supposed to believe that we should trust this same gummit with torture and killing and sending our boys all over the world to kill others to “defend our freedoms.” Sorry McCon, I don’t buy it. I don’t trust this gummit and never will and neither should you.
In my world the death of 3,000 Americans does not justify the deaths of 500,000+ Iraqi people.
the deaths of 500,000+ Iraqi people.
Our rulers think they can play God. And to our rulers Iraqis are not people. They are cartoon characters in a comic book.
Even the official and most absurd conspiracy theory does not implicate Iraq. So those 3,000 American deaths shouldn’t have resulted in the deaths of any Iraqis.
https://saboteur365.files.wordpress.com/2014/11/h-l-menckens-quotes-4.jpg?w=584&h=344
YOU REALY THINK YOUR FREE IN THE USA ? REALY ? AL , Cory , and aders ??? I NOW I NO FREE IN EUROPE ! OK ?
Franky, is that you?
Yes AL BLOCK FRANKY !
Okay Everyone,
You have all made your point and you know where we stand.
And Bob moriarty opinion on Mr McCown ATTACK ? ? ? KIKK ASS MORIARTY ! AL ?
John McCain said he is against the torture of terrorists and he knows what it is all about. Your tool guest didn’t mention this did he?
http://www.nytimes.com/2007/11/16/us/politics/16mccain.html?pagewanted=all&_r=0
George Washington would not put up with it and neither would your Jesus to you Bible thumpers.
Thanks Jason.
See my comment above.
seg 4, all aircraft shut down on 911? what about the bin laden familys private jet?
This guy is completely brainwashed.
If he is a friend Al, FIND NEW FREINDS.
This guy is exactly the guy Ron Paul has been opposing and trying to enlighten.
Somebody has to go to war? What an idiot. complete and total idiot, notice I didn’t say moron or stupid, but he is stupid too.
Shamfull you gave him airtime Al actually.
No it is not. It is important to know where ed everyone is coming from. We do not live in North Korea!
AL ! You now FUKUSHIMA IS NO OVER ! What your boy MR McCown think off fukushima ? https://www.youtube.com/watch?v=obj7AePFi5Y
Breaking NEWS ! FUKUSHIMA ! https://www.youtube.com/watch?v=J_bIDDevkqM
I wouldn’t be too hard on Al, I suspect the radio station probably got a bunch of calls from ex military n overly patriot types re bob m’s segment last week n perhaps this is just McCown s attempt at balance or putting out fires in his own back yard
I FEEL FOR AL I HOPE HIM ! ? https://www.youtube.com/watch?v=VBe_guezGGc
What does silly comment have to do with torture? Oh let me guess. Government lying as usual. Okay Franky!
All OK AL ? https://www.youtube.com/watch?v=QuE–xlkTYk
Where IS BOB ? ,,,,,???????? https://www.youtube.com/watch?v=GvliUuXjbL4
I find it fitting to ask this question today.
What is the most highly leveraged, valued , easy to monetize commodity? It controls all markets world wide.
Answer: the human brain.
They get the masses to agree to be debt slaves to fiat currency and control the commodities through inflation and deflation. And sell the masses that it’s good for them, and they believe…
Control the minds, control the world..
Humans are the commodity they control to control everything else.
Don’t ever let them tell you you are America’s most valuable natural resource charts ter! Have you seen what they do to valuable natural resources 😉
Oh no, I meant y’all
Lol
Great and accurate and sensible comment. Thank you B
Chartster
Charster….You are more clever than you think….You just scored 10 for truth.
The brain is also the most valued real estate investment.
Yes it certainly is!
Small, but valued
( in some case..) lol
I FRANKY OIL IS GOWING TO 50 $ SELL OIL BUY GOLD !!!!!!!! AL is no nice today ????
OK OK ! AL Korlin is a Republican ! ? https://www.youtube.com/watch?v=t4N93jLVPIA
Independent Franky Independent!
( Only Whet the blessing of the POPE ) ! Looking wheat all strange think’s day downing ! https://www.youtube.com/watch?v=eNbwpSZUNqI
And the nice way ! https://www.youtube.com/watch?v=qprov9mhrCM
Day never stop ! https://www.youtube.com/watch?v=q6L9dZAZ5nQ
Al,
I’m talking to all my friends to be registered as independent.
Sure would open theirs eyes.
The republican / democrat debate has always been a divide and concur play..
Voting bush or Clinton is the same beast. An ugly one too..
But I doubt it really matters. With electronic voting,, it’s not who votes, ” it’s who counts the votes ” gotta go back to paper ballot !
ditto………….WE DO NO VOTE FOR ANYONE…………..
THE PARTY OF THE TWO HEADED SNAKES PUTS UP THE PEOPLE THEY WANT…..
put not puts………..
Maybe some day enough people will write in “none of the above”
A good YEAR ! https://www.youtube.com/watch?v=crHp8eFnboM
bb….Perhaps some day the American people will realise they have enough guns to change things.
The majority of American people still believe they live in a democracy where their vote matters. Sadly, they are living in a delusional fantasy world, as they actually live in a corporate fascist welfare/warfare surveillance state run by one party of vested corporate interests. Until consent is withdrawn and the pigmen are violently confronted, nothing will change. The existing social order will be swept away within the next fifteen years as this Fourth Turning reaches its bloody conclusion. You may think we are all equal under the law, but Orwell knew that some are more equal than others. Can you distinguish the pigs from the men?
“The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.” ― George Orwell, Animal Farm
I’m a big fan of Bob Moriarity, but I respect the views of your guest, (except for the ‘go to hell’ comment)
Thanks big Al for allowing a balanced discussion!
Al, I am wondering if the supporters of Bob also supports the views of David Duke.
Some of them. Which ones are you referring to? Or do you know.
Truth is not limited to those you like.
Ad hominem attacks are so lazy.
Big Al, I would like to see you have a show that is a debate between McCoun and Bob or McCoun and Jesse Ventura. Can you get that set up?
AND BILL O’Reilly https://www.youtube.com/watch?v=lFRkcfoWrvk
ebolan…..Are you fecking stupid !!!!!…You want to give this Mc Coun , TWAT more air time !!!!!
I would like to see a debate between Bob and David Duke, Although I have a feeling it probably wouldn’t be a debate.
Key Lime,
You’re smoking some good stuff, eh?
Chartser how are his views on Israel, Zionism and the Jews different?
I don’t know
I think it has nothing to do with the Jewish religion. But, the rulers of Israel hide behind it.
Don’t worry in Europe ! Children go missing ! https://www.youtube.com/watch?v=fpbdQLfswuY
Key Lime,
Go research ” the learned elders of Zion “. The answers you are looking for, Are There.
I NOW Thanks !
Al,
I have stood down from jumping in on the talking points fray on this Mr. McCoun and his views on torture. But I just could not help myself. This issue is very close to me.
The weekend show and this website is your baby Al, and you certainly have the right to provide the programming and content of your choice.
But as a retired Air Force Senior NCO military veteran, I am utterly stunned, bewildered and deeply conflicted that you, as a supposed caring, thoughtful and enlightened person living in a world already besieged with never-ending wars, unimaginable evil, expanding devastation, death and the expanded glorification of this world-wide militaristic death cult run unchecked, that you would even entertain the concept of bringing on your show a stunningly contemptible and categorically totally brainwashed war-mongering neocon to reinforce, advocate and glorify torture and the escalating death agenda.
Even trying to find a modicum of rationalization and worthiness in this mans thought process is an assent into a depraved and deranged world that defies logic. This sickness is everywhere. Its scope and proliferation is almost unfathomable.
Al, we don’t need more of these foolish foolish people like Mr. McCoun, we need a world filled with none of them.
I feel that this is a national psychosis dictate at work or more appropriately what I would classify as national sickness and glorification of the modern war machine. It permeates every element of our western nation state cultures from top to bottom.
Our children are now so consumed and brainwashed with this sick war mongering cult from an early age that its effects, and places mental imprints with long-term damage are almost incalculable.
Our globalist politicians and their selected institutions, military schools and complicit teachers of this doctrine have been allowed to foster the glorification of this mindset as far back as the turn of the century.
But now our western leaders and their profits motives have become bored with the old global war governing doctrines that provided a check and balance to deranged and sick leaders going off the farm so to speak. Now they are advocating opening Pandora’s Box to hell itself.
The never ending struggle of human’s advancement in solving our issues and to attempt to make a better world will never be found with people the ilk of Mr. McCoun.
I’m absolutely positive the world will not like what awaits a globe of unleashed depraved human instincts allowed to run free and unchecked with implementation this disgusting terrorism thought doctrine. Its basically already out in the open.
I don’t give a damn that he is a former Marine, that distinction doesn’t make him or anyone like him honorable. I don’t honor this man, his military legacy or his thoughts, or those that think like him.
V
BRAVO………..WELL SAID…………..
Vortex, very well said. I agree 100%.
Vortex ..GREAT writing…..You said exactly what I would have said….But in my case , I would have typed more ****ing four lettered words than you could find in the worlds dictionary’s .
Seg 4 was the only one I had time to listen to so far this weekend. I’m with Vortex through and through with his eloquent riposte. Former marine McCoun has the temerity to say ‘somebody has to be the big brother’ and of course one who preferably ‘prays each night before going to sleep’. The terrible blindness behind the overall American mindset is one that assumes it and we as America’s puppets have nothing to answer for. For big brother read obese bully.
Well said Vortex, I just called it shamefull he was put on, Al disagrees.
But as you say, its Als show, which a lot of time is entertaining.
Wow Vortex,
Thank you!
Al, I just listened to the interview with Dan McCoun. It makes me sad that someone can be so ignorant and mis-guided. He doesn’t even know the difference between Al Qaeda, the Taliban and Isis and who did what….. It really makes me wonder if he thinks all Muslims are terrorists. He has the right to his own opinion but I think as long as people are so closed minded, indoctrinated and so willing to defend the indefensible, we will never have peace.
Mish Shedlock has written a lot about this…perhaps you could have him on your show?
http://globaleconomicanalysis.blogspot.co.nz/2014/12/napoleon-vs-cheney-interrogation-that.html
He also doesn’t know that burning jet fuel can’t melt structural steel and that Cheney and friends are working against U.S. interests.
It’s funny that he admits he’s “not that smart” yet still thinks he knows what he’s talking about.
Neocons are not conservative at all where it matters. They’re big-government big-spending collectivists, just like the rest of the left.
ditto……….on” not that smart.”…………………
I didn’t hear anything from Mr. McCoun that changed my mind about torture, but his passionate jingoism was coming through loud and clear. Maybe he didn’t hear what John McCain has to say about torture. Bob Moriarty tells it like it is, even though it hurts.
Nice vortex !
AL BOB NEED TO TALK DISS ! !!!!!!!!!!! Dan McCoun SEE DISS ! https://www.youtube.com/watch?v=eUb7RKMu8zY
Maybe BOB AL MR McCoun joke US ! so slowly no more gold stocks and all diss YOU NOW BANKERS SUKKERS !
RIGHT ….Mr McCoun…..I am sure your ego would have obliged you to read the comments posted below your segment…..So please come on & debate with your critics….or don’t you have the balls ?………………ASSHOLE.
One reason not to be associated with or listen to anyone who needs or gets a license from the govt…………………
Al,
I guess you know why McClown has his radio show. Because he’s allowed to , given his warped view. That’s what the main stream wants.
Al is in control soo him play ! play will play yourself al BYE BYE !
The McClown will be a as significant as a gnat fart in a wind storm in a year or two.
The younger generation has caught on to all this BS smoke.
Thank God
AL ! Chartster mast have a response ?
Is there a conspiracy theory that Charster doesn’t believe in.
YES DISS ONE ! https://www.youtube.com/watch?v=rPh-qGcYruw
.
KL
Ok…lets run the stats. There are 7 references to gold in the last 146 comments and 4 or them were mine. Wow, I would say we have officially hit an all time low as interest in precious metals has finally dropped completely off the radar even on a radio show almost wholly devoted to resource investing and gold!!!!
This is the bottom folks. I probably could not get a better pulse on this anywhere.
There is hardly a flicker of life on the topic anymore. Home run guys. You picked the absolute bottom in metals as the time to launch a newsletter. It is perfect! I think it may be genius in fact.
Bird, would have to agree (in fact if you look at gold in other currencies the bottom for many was actually Dec. 2013!) Casey put out a chart showing the length of all gold bears and for the current one to have tied the longest on record would have been on Dec. 10th. So as far as usd spot we had our bottom imo
Thanks Jay, I will go check that Casey chart. The miners at long last look good to me. I am up for buying before the close of the year. That doesn’t mean they can’t fall back again by summer but this is a great time to be acquiring in my view. Funny that hardly any of the long term bulls are talking it up anymore. They seem to have almost all disappeared. Crazy market eh?
I am looking hard at oil, producers and services too. It does not take a genius to recognize that anytime stocks fall 60, 70, 80% that there are going to be bargains around. I am talking buy and hold stuff. They could still fall further before a rebound but it won’t matter much in the big picture. So legging in is the name of the game. This is a gift.
As an aside, any chance Don and Bob could settle this tortuous debate by wrestling in Jello?
They would first have to agree on a flavor of jello.
Something sour and green might work. Its the selection of wrestling suits that would be the best part. winner takes all. Of course there really are no winners when both sides just slip and slide in big pool of fresh Jello.
I can appreciate your having all the time in the world for this fellow, Don McCoun. I also have friends that I love dearly in spite of the fact that they are misinformed and or ignorant of the facts on issues which they speak of. I don’t always agree with Bob M., but he does seem to know something about what he discusses unlike McCoun who is batting Zero.
From today’s Sunday Telegraph – Russia, oil and gold:
‘For the last decade, an elite cell at the US Treasury has been sharpening the tools of economic war, crafting ways to bring countries to their knees without firing a shot.
The strategy relies on hegemonic control over the global banking system, buttressed by a network of allies. Iran has felt its grim effects. “It is a new kind of war, like a creeping financial insurgency, intended to constrict our enemies’ financial lifeblood, unprecedented in its reach,” says Juan Zarate, who once led the team.
Putin can retaliate in other ways. “He is going to escalate. The huge prize for him is to test the credibility of Nato while Obama is still in office,” says Browder. That worry is shared by many, especially in the Baltic states with Russian minorities. Four fifths of Estonia’s fortress town of Narva are ethnic Russians, and they live within sight of the border. An incident could flare up at any time.
“The nightmare scenario is if ‘little green men’ appear in one of the Baltics, and it then invokes Nato’s Article V [mutual defence clause],” says Ian Bond, the former British ambassador to Latvia and now at the Centre for European Reform. Any dispute may be murky. Yet if Nato ever fails to uphold an Article V plea, the alliance withers. ‘
AND;
‘What is remarkable is that Russia’s leaders so quickly forgot the lesson of the mid-1980s when collapsing oil prices broke the back of the Soviet Union. Former premier Yegor Gaidar dated the moment to September 1985, when Saudi Arabia flooded the crude market. The Kremlin sold its gold, down to its pre-1917 imperial bars, until it ran out of cash for food imports. “The collapse of the USSR should serve as a lesson to those who construct policy based on the assumption that oil prices will remain perpetually high. A seemingly stable superpower disintegrated,” he said. ‘
In other words, the oil price is about breaking Putin – simple as that.
IMPO that means that they will drive oil lower until they get the desired result.
If, like what happened in the late 80s, the Russian economy melts-down – which appears to be the aim of the West – and Russia is forced to sell its gold then what will be the obvious and inevitable affect in 2015 on:
1. The oil price?
2. Gold?
It appears that US is also attacking China’s by inducing a foreign currency outflow. Currency war is underway in two fronts. China already counters the move by raising its stock market index. It went up from 2200 in the summer to 3000 now. China estimates that it may need to to 8 trillion foreign reserve to defend the drain of capital. It now has a total of 4 trillion only. So far US ploy has never succeeded in China and this time US is taking advantage of China’s high housing price. My parents said that now buyers and sellers are in stand still. If the housing price collapses, capital may flee the country. At least this is what US is trying to trigger. Japan’s suicidal QE and yen devaluation is to force China to devalue RMB as well. It so far has little effect and China’s trade supply went up to historic high due to the lower oil price.
It is interesting to see how this two front war will end up. There are a lot of vulnerabilities on the US side as well and Russia and China have not attempt counter attack yet. If they do, it may trigger a hot war. It is might be the reason why China tested the DF 41 multi war head intercontinental missile. This is to set a tone that China is capable of destroy US is case of war.
Unlike the Cold War, China was on US side to isolate USSR, now China is much stronger and Sides with Russia, I am not sure it is wise to start a war with two nuclear countries. As a Chadian I am afraid this economic war will hurt canada more than Russia .
Sorry for the errors since I am using my iphone
US stock market might have been used to attract US dollar back to US to induce global capital flight. So we should not bet on a collapse or even significant correction on S&P.
Lawrence, you have gone off the deep end. That is all crazy talk. Get a grip please.
This comes from China side not my idea. It is the view of Chinese stretegists. My Chinese stock called A share shot up 30% in the last month or so. It caught most Chinese investors off guard. It has been sideways during last few years. Chinese government has been trying to low it since they hate speculation. I thought it is hopeless so I sold a lot of it and used the money for my travaling there. You can also check zero hedge to see the report China tested DF 41 ICBM. It can carry 10 war heads and reach anywhere in the world. US is using economic wars all the time. It should not be surprising. I tend to agree since I can see signs are emerging and China side has been reacting since a few month ago. I saw someone talking about yuan devaluation due to capital flight a few months ago and I had the same reaction like you.
Bird, what do you think about Bob’s article?
Yesterday China said that it will buy $92.3 billion oil from Russia.
I feel 2015 will be a turbulent year. I just hope war does not break out.
Russia has been increasing gold reserve despite ruble weakness. It is obvious fighting a battle. Otherwise we will wonder why Russia is trying to save forign currency but keep using it to buy gold.
Bob’s article? If it is the link you put up I cannot read it because its all in Chinese. Which article and which Bob are you referring too?
I mean the article Bob UK has quoted – oil , gold and Russia:
Some of my linked articles are in English. What I talked about is a struggle which must be going on to certain degree. The timing of events is too much a coincidence. I just worry about of becoming a victim of a war which we are not part of. I have a stack of cash and waiting to get more oil shares, it looks a little dangerous now.
Bob – Ambrose E-P of the Daily Telegraph doesn’t paint the full picture here. Putin could nobble NATO by refusing to provide oil to Europe. Also until and unless the rouble picks up he could opt to withhold repayment of loans to western banks (as good as bankrupting them overnight). Most importantly if Russia rid itself of its neoliberal economists who do abeyance to the Washington model, he could tell the US where to stick its imperialism. All points underlined by Paul Craig Roberts as e.g. below.
http://www.paulcraigroberts.org/2014/12/17/financial-market-manipulation-new-trend-can-continue/
Andrew did you know that David Duke and many other supremacists groups broadcasts Paul Craig Roberts writings as well?
What is the connection between them if I can intrude here, Keylime?
Birdman, It appears that Bob Moriarty has referred to Paul Craig Roberts many times on his website.
not sure what you mean by that question. Can you elaborate?
Andrew here is an article you may find interesting. Not endorsing it or disagreeing with it. Just something to think about. Many times perception is reality.
http://www.nationalreview.com/corner/384039/why-anti-zionism-modern-anti-semitism-benjamin-weinthal
Well, what were you getting at by saying Duke broadcasts Roberts? I am not getting the point maybe.
Thanks keylime, I appreciate the dangers inherent between anti-Zionism and anti-Semitism.
Id have to say that if we are not a bottom we are so darn close to it. Volume like I have never seen before in iag and across the board. 8x the average volume on iag and at a time were iag is above its november low. Me guts tells me we are about to explode higher. Me charts tells me its going to move very fast tomorrow into new years. You guys remember all my stars aligning story going back many many months? ok so we have aligned everything except canadian dollar i was looking at in the 77/80 region. It can come after. Euro 118/121. It can come within a day or two.
‘
Wti oil 35/40..It may not get there
crb=220 region. almost there
1180 triple bottom call i made. Few days before it broke i shared with you that it would not hold. Al said glen why the sudden change? It broke
Then two weeks ago i said silver will not break 15? Im hanging in there with that call
And finally i said buy buy buy gold has put its bottom on november 5th.
Here iam again and im telling you with a great amount of certainty that I believe we are headed higher into new years. We may just get a santa rally for the precious metals and a rally well deserved after 3+ years. I expect this rally to break the ICL gary gave up on.
Gary wanting nothing to do with metals put the nail in the coffin as to sentiment in metals. Lets see what happens sunday night.
Merry chistmas to all and to all a goodnight.
Not sure if i will have to post this coming week. My wife has a list. All the best and merry christmas to all of you and thx al,cory the 4 muskateers and all you posters in here for your invaluable contributions. We are really blessed to get world political and metals information updated at every hour.
Thank you
Glen
Stars aligning? Are we talking horoscopes? If so, I am an Aquarian – what do your charts say for Aquarius in 2015? 😉
Bob,
Are time is due for good fortune 🙂
You have another aquarius here. Me charts says 1500-1550 average. Like Matt said that alone will take these miners higher.
cheers
Is this due to the seasonal dand for gold, frankincense and myrrh?
dand = demand.
Glen,so you got the honey do list, that will keep you in line, and it’s a good thing. Ha, Ha!
Machine gun,
They stand by our sides all year. Lucky I have one that is very understanding. Time for gold to make a move so she can see the bank grow lol..
cheers
Merry Christmas to you as well Glenfidish !
Best,
LPG
Planets are aligning also.With Jewish holidays.Jesus”When you see these things,be ready”I will continue to prepare!Its all I am.
For all the apprehensions expressed over the miners not confirming the move in gold prices, you have the opposite view that gold prices are not confirming the move in the miners:
http://www.mining.com/web/bullish-reversal-in-miners-but-metals-remain-in-question/
Martin Armstrong article – will bankers will be hung again?
http://armstrongeconomics.com/2014/12/21/will-the-hang-bankers-again-on-wall-street/
if they keep jumping out of windows ..there will not be any remaining.,………….
oh, we better ban NAIL GUNS………..
BLACK FRIDAY…………..was originally called ,,when the bankers were strung up on wallstreet………………….zerohedge………
Al,,,Am I reading this correctly,,,,,,you have become an INDEPENDANT….
Doc, Gary any downside targets for WTIC and has it bottom yet or shall we expect another leg down to some lower target ? Anyone else your thoughts?
Stewie, according to the charts I’m watching, the odds are we go lower—-into the 40s. I’ll look at buying then.
Doc thank you. I appreciate it. I’m looking to go long. Do you think 2008 scenario is playing out in oil where it will bounce back up to previous highs in 12-15 months?
Oil at current prices is unsustainable and we are already seeing UK oil industry having issues so i’m thinking this is short term crash.
It is unsustainable in Alberta as well. If this continues for 12-15 months, most large companies will be able to survive but there will be a lot of M&A and the stocks will be priced at near bankruptcy.
NDM went up over 30% on Friday, TD securities valued this stock at $108, believe it!
Great point DT. Can’t focus on oil price because all the action is in shares and with oil threatening to dip much lower from a technical standpoint then almost anytime is good to acquire producers who have fallen by steep double digits in some cases already. Crashes this hard often come back as V-shaped bounces.
What I mean is that most people are glued to the oil price and think they can watch that to know when to start buying the industry but that’s not correct. The time to start acquiring is during the descent when it is this fast because the producers are falling even faster in many cases. Oil has accomplished in mere weeks what it took gold almost four years to do (a 40% decline) so expect a snap back of magnitude….unless you actually believe there is too much oil in the world and not enough people to use it all up! 🙂
I think your assessment is correct. Due to the lack of above ground supply, oil will be much quicker to find its true value. I think it is months instead of years or decades for gold.
Armstrong and the domino effect….Yes this is the dominoes starting to go. Of course the popular conspiracy theory is this is a CIA plot with Saudi Arabia to break Russia. Sorry. They have no such power. This is the major trend of how commodities crash just as was the case during the Roaring 1920s.Custodian banks such as Brown Brothers and even Bank of New York are at least out of the “club”. Others have asked should they move their US equities offshore. Honestly, there is no place safer right now going into 2015 than the USA. Our high-flying banks will blow-up as always, but not until after 2015.75.We are likely to see the first knee-jerk reaction be the traditional run into US bonds as the rest of the world starts to implode. The higher this pushes the dollar, the more defaults we will see in sovereign debt and foreign banks. The dollar rally will push the commodities down as well, stocks up, and help create the bubble in the bond market forBIG BANG. That will be the real risk. The interesting aspect is the talking heads will continue to yell and scream about a stock bubble. They are blind to the debt bubble and have not even considered what happens when government bonds go off the boards. You can buy plenty of them on EBay. Very colorful reminders of how “gentlemen buy bonds” and lose absolutely everything.
Saudi Energy Minister today said that it refuses to cut production even non-OPEC countries cut production and insists to let market to decide the price. The production in the last few months was up over 2 million barrels a day. His intention is definitely driving down price. The price will rise if Saudi wants to make production cut to just the regular level. For now, it is supply issue not demand.
I guess this is conincidence.
The junior miners with potential are out of the gate, There Off!
I think so too, DT. Although GDXJ may seem to be suggesting otherwise, if I had to take a bet as to what signal to follow it would be GDX itself and not the smaller sibling. Like silver, GDXJ is far more sensitive to changes in investor sentiments that gold would be but at a time like this when funds are returning to take a flyer of mines their initial focus will be on actual producers with a track record. On that count, GDX is offering better information on buyer emotions and strategy where reentry is concerned while GDXJ is turning up more background noise. One of them is correct here and my bet it is the gold stock ETF with heavyweight companies and a track record. Lets not forget how skittish buyers have become after such a long time in the wilderness. The tendency will be to place bets on solid companies just in case gold does take another face plant.
One guest talking about torture and Marines. Suggest everyone take a strong look the historic and truly heroic Marine General Smedley Butler (up to time of his death, the most decorated Marine in history). Everyone should read his brief speech: War is a Racket. You can find many places on web.
WARNING………..WARNING……………….WARNING………..
CME…………PUTTING TRADING COLLARS IN GOLD AT $100 ….SILVER $3,, FROM THE PREVIOUS DAY TRADING……………………………………..watchdog usa………..
Bottom might just be in……………………………………..
JLong,
The flip side to that is….the wash could be coming…
Comex does not care how far it falls,,,only that it does not raise to fast……..reason for the collars……..
although your thoughts are very logical,,,,we are in an illogical situation…….and now , everyone knows the markets are totally MANIPULATED……….jmho.
I am curious as to why Don Mccoun was brought on the show. Seems to me he Airs the KE Report on his radio station so he is allowed to spew hateful propaganda. There is an inherit evil in this. Ive traveled through the middle east and areas around it and i can tell you most people there are nice, but you need the balls to get a passport and go yourself without gun. I can tell Dan hasnt traveled much in the area. Al this is the first time i have posted on your site, enjoy listening to your podcast cause of the mining shares . But its extremely difficult to listen to discussions on the United States as the comments made are usually laughable . AS Albert Einstein said. “Patriotism is good for two things War and the Olympics”
This one is for Alex Merk remark “Putin goes to jail if he is out of power”. Alex, I think you are not qualified for such remark. This man in the opinion of many independent observers is strongest politician of last many years in world arena. In his accomplishments I would compare him to Ronald Regan who put US political reputation and economy back on track only to be destroyed by successive presidents. It is Regan who fired all Neocons Dick Cheney, Donald Rumsfeld, Paul Wolfowitz, Bzezinsky type and delayed state corporate fascism that emerged only later with Clinton. If you study Putins biography, man did same with oligarchs in late 90s. He brought them to the meeting and gave worming not to mess with politics. Some did not listen like Chodarkovski, who b.t.w. been pardoned recently by Putin on the grounds of his ill mother.
Alex who are you trying to compare Putin to? Milosevic. Putin has very good relationship with muslim community in Russ Federation. His popularity in local poles is high. He gives 3hrs question – answers sessions to local and foreign journalists . After listening to several of them (I’m fluent Russian) you see very intelligent person who clearly states Russia will be US puppet state and why should they be? All usual American restraining techniques do not work against Russia. CIA and MOSAD idiots even tried assassination of presidential flight. The one who rules the seas rules the world does not work either. For every 11 carriers in US arsenal Russians have Sunburn ship missiles.
According to Victoria Noonan US spent $5 billion to make regime change in Ukrain. Hmm. It is like Russians spending money to bring Stalin in charge of Canada and placing ballistic rockets in Havana to protect it from terrorists.
B.T.W. regarding Crimea. It was given as a gift to Ukraine by Khrushchev in 1950s for economic administrative reasons.
Back to 19th century. Look who was the attacker and who was defender and who’s land it was?
The Battle of Balaclava, fought on 25 October 1854 during the Crimean War, was part of Siege of Sevastopol (1854–1855) to capture the port and fortress of Sevastopol, Russia’s principal naval base on the Black Sea. The engagement followed the earlier Allied victory in September at the Battle of the Alma, where the Russian General Menshikov had positioned his army in an attempt to stop the Allies progressing south towards their strategic goal.[4] Alma was the first major encounter fought in the Crimea since the Allied landings at Kalamita Bay on 14 September, and was a clear battlefield success; but a tardy pursuit by the Allies failed to gain a decisive victory, allowing the Russians to regroup, recover and prepare their defence.
For US it is too late. The last chance it had was back in 2007. US Politicians no longer represent electorate interest. When it starts going down it will not be as simple as disintegration of soviet empire.
To Bob UK, your post:
‘What is remarkable is that Russia’s leaders so quickly forgot the lesson of the mid-1980s when collapsing oil prices broke the back of the Soviet Union. Former premier Yegor Gaidar dated the moment to September 1985, when Saudi Arabia flooded the crude market. The Kremlin sold its gold, down to its pre-1917 imperial bars, until it ran out of cash for food imports. “The collapse of the USSR should serve as a lesson to those who construct policy based on the assumption that oil prices will remain perpetually high. A seemingly stable superpower disintegrated,” he said. ‘
Russia today is not USSR. It has no burden of 15 former republics. Germany will not turn of Russian natural gas supply switch. They must heat german homes and factories.
If pushed Putin can call US puppets Merkel, Cameron or Hollande and say we no longer sell gas to Nato countries. We will restart sales after ruble stabilises. Smile.
Off Topic:
I am very distressed that The BIG Zero has unilaterally chosen to recognize the Police State, the Terrorist-sponsoring state, of Cuba. It disgusts me that that move was not immediately counteracted by Congress.
Never forget that the biggest murdering, hostage-ransoming group in the world is not the Taliban but FARC, and FARC has several times pubicly thanked Cuba for its support; indeed admitted it could not have survived but for Cuban help.
You know this is really about closing the loop for Russia, not about accepting Cuba. Right?
I am having Cyber-space problems, and my computers and my IPad have all been attacked recently. Even changing email addresses and ISPs has not helped much.
(I have not attacked N. Korea, just mostly the policies of our Marxist President.)
Maybe it’s Anonymous…..because you said the wrong things about torture policy. Just fooling around of course!
Fyodorov (pro-Putin) purges coming?
http://www.tomatobubble.com/fyodorov.html
Don McCoun, owner of Radio Station KUIK was talking hysteria in part of what he said about 911 on your show, Al.
One might wonder how the guys who did 911 got into the USA. The government let them in, allowed them to operate and it was therefore partly their fault. The same is true for the atrocity in London on 7 July 2005. Two weeks later, thre was another failed attempt that was not stopped and meanwhile the government goons shot a completely innocent guy through the head half a dozen times.
These events were a failure in immigration policy and also a failure in foreign policy, the way we act abroad in Muslim countries and cause mayhem there and at the same time allow millions of immigrants into our countries from those regions. This is a suicidal combination and a complete failure of our administrations.
Mr. KUIK should be more concerned to protect our countries’ borders through vetting of immigrants for example rather than by using torture.
If Moriarty was in the military, then his opinion is as valid. How does your KUIK guy know that the torture at GITMO was acceptable or a different kind of torture? It’s like abortion is a different kind of killing, huh? Oops, I am going off-topic.
So what was the USA doing messing around with people in Iraq at Abu Graib for instance when all the 911 terrorists were from Saudi Arabia as far as we have ben told? And has the US not assisted and armed the very same maniacs who are causing this mayhem in the Middle East now?
It is an interesting time that we are living in now. We may be in the final war between Islam and the Judeo-Christian world. Maybe the gloves are off already – but maybe it is just another entirely phony war.
Personally I have an open mind these thngs because I do not know the facts and will never be allowed to know them, like most of us. I am sure that there are people who are doing dirty work against dirty people to us safe. However, sometimes it might be that the government’s dirty work is a little too dirty and our security could be accomplished in other ways if they really meant to accomplish it in the first place.
However, I think your KUIK man is talking nonsense, except that I am sure it is true what he said about how horrible 911 was. However does one evil act justify another? He doesn’t sound like a libertarian because he seems to show unconditional love and faith in the goverment and the military machine, that they are beyond reproach.
He showed extreme arrogance in the way he expressed his views about Bob Moriarty and others with opinions different from his own by resorting to ad hominem attacks – and after that dismal performance, I would not waste my time on his radio show.
I would say that in all honesty, I was quite disgusted by the conduct of McCoun of KUIK radio on your show. I think it was a low point in your show in the last 12 years that I have listened to it basically every week or more often in recent years. It is shame that you broadcast that piece, except that the guy really showed himself up.
of you that listen to Paul Craig Roberts, his latest is at:
http://kingworldnews.com/dr-paul-craig-roberts-12-20-14/