The progress of the Federal Reserve Bank audit & macro issues affecting the prices of gold and silver
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In this show Al discusses:
- Segment 1 – Jeff Deist, Chief of Staff for Congressman Ron Paul, discusses the Congressman’s recent announcement regarding his committee’s progress in auditing the Federal Reserve Bank.
- Segment 2 – From the Silver Valley, David Bond which attendees can expect at the upcoming Silver Summit.
- Segment 3 – Al and Trader Rog discuss macro issues affecting investors.
- Segment 4 – David Morgan gives his views on the current silver market.
- Segment 5 – Josh Bleak, President of Passport Potash, discusses the agricultural industry and provides an update on his company.
- Segment 6 – Alan Butler, Host of the popular radio program Butler on Business, discusses the recent activity in the conventional markets and his feelings regarding continuing to “kick the can down the road”.
- Segment 7 – Al and Trader Rog discuss American Manganese.
- Segment 8 – Brien Lundin provides insights into the current gold market.
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Im solidly behind what you say. This manufactured crash by JPM has damaged me financially and psychologically but Im still buying silver when I collect from my clients and I bought 80 ounces of silver coins at $32..
Good luck to Sarah ( also my younger daughter’s and grandmother’s name; a derivation from hebrew meaning “victory” or ” princess”.
Tony is a knock off of ” adon” meaning boss from Hebrew
Ron Paul – solidly behind him to audit the Fed & Fort Knox – if there is any gold bars to count and determine who they really belong to.
I agree that the US is too much entangled in the ME, both parties try to ride two horses at the same time. But I believe that Ron Paul is too entangled with the islamo nazis.
We all support Ron Paul to investigate the Fed Reserve and Fort Knox, he will be President.
Video: Ron Paul condemns drone strike on Awlaki
http://hotair.com/archives/2011/09/30/video-ron-paul-condemns-drone-strike-on-awlaki/
If an American or Canadian or European,,, should take up arms and plot terror upon his homeland, this should be grounds for a defacto revocation of his citizenship in the same way that a person taking a child hostage at gunpoint is grounds for the local SWAT team to act; clear and present danger. Kill and no regrets.
And I’ll add that it is this endless PC dithering from politicians like Ron Paul whom has been a “dhimmi” since forever ( maybe they are financing his political career while he leaves his money in gold stocks)
at every level; i.e., Federal, State, provincial, municipal, county, and CEOs that is causing every ill in our world today. If we cannot spot a clear danger and fix honestly fix it then our children and grandchildren will face all the harm and danger and peril that the islamo nazis will do to them because of sycophants like Ron Paul and his son Rand Paul.
American sense of justice is clearly creating safety and sympathy in Yemen:
http://www.thedailybell.com/2859/Anthony-Wile-Lost-in-a-Yemen-Jail-A-DB-Staffer-Speaks-About-His-Long-Strange-Trip-and-the-Secret-Gulag-America-Has-Built-in-the-Middle-East-and-Africa
Yes, I’m being sarcastic.
Hi Gundhi,
I am not sure that I put a lot of credence in this article.
I am certainly open to expanding my thoughts.
What is your opinion of The Daily Bell?
Best,
Big Al
Does anyone doubt CNN reports about Iran throwing young, innocent U.S. hikers in prison for entering Iranian territory unintentionally? I’m not a regular reader of TDB, but I have stopped doubting the mainstream media less than even some right-wing Swiss offshore website. The report by some anonymous dude who entered into Yemen very informally seems entirely possible to me.
Hi again James B,
Regarding your comment about the terrorist killed recently, I could not agree with you more.
Regarding Ron Paul, with the knowledge that I currently have I do not agree with you.
I am curious as to your logic.
Have a great weekend and I look forward to your response,
Big Al
I believe that you need to question the establishment, and therefore your views, just a bit more. To say that Ron Paul is “PC” flies right in the face of reality — not to mention common sense. Nearly everything Ron Paul says is met with widespread DISagreement. Paul’s sanity and truth-telling does not sit well with the ignorant, degraded masses that comprise all late-stage empires.
I Ron Paul can get the Fed audited, he’ll have done more than any president in the last 20 years.
Hi John W and Matthew,
I could not agree with both of your more. I have spoken with Ron a number of times in person and I am telling you, he is the full meal deal!
No PC whatsoever and nothing but a man who believes in, what I think, is the absolute truth.
Best to all,
Big Al
Guess why we named her Sarah?
I will never forget the event of that decision.
Kathy and I were in my parents living room and discussing various names. My mother, a real believer in both the Old and the New Testaments, looked both Kathy and I straight in the eye and said, “I think you should name her Sarah.”
James B, I’ll bet you know why she said that!
Best,
Big Al
Hi Mr. Irishtony,
Probably a good idea since I will probably have to say something.
Actually, I am already on notice from my youngest daughter, Stephanie.
Regard Gata, I agree with you.
Best,
Big Al
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Two for the weekend, for wine AND beer lovers:
Anyone out there who’s trying to memorize all the regions of France, and believes in gold or a strongly appreciating euro currency? Monday morning (Paris time), the French State Mint will be offering a 4-gram coin of .999 gold, EUR 200 face value, cc only:
http://www.monnaiedeparis.fr/Numismatique-et-mon-taire/200-OR-2011-pceiddvKztimAAAAEvPD4l6HPC9_asE6zm59EAAAEyxcsCeKsc.html
Also, who hasn’t ever wondered if beer was more frothy than gold? You need to consult this highly technical chart (liters of original Oktoberfest beer per ounce of gold):
http://www.goldseitenblog.com/daniel_haase/media/Wiesnbier.png
Cheers!
Hello JAMES. Thanks for the reply. I’m sure BIG AL , would agree with “princess” although, he call’s , her his little bear. Regards RON PAUL, if he askes the wrong questions, & gets too close to the “TRUTH”, i fear “THEY” could do a KENNEDY , on him, the man needs to be careful.
This my friend, Mr. Irishtony, is probably more true than a lot of people would like to admit.
Big Al
AL,, I thought you did not believe in conspiracy theory
With Austria limiting the ownership of gold and France requiring that all metals transactions over €450 be by traceable check, draft or electronic transfer, how long would you, Big Al, estimate it will be before the US imposes either a confiscatory tax on gold/silver transactions or outright confiscation?
Hi cfs2000(David),
At this moment in time, it is not a concern of mine.
How long will I have this opinion? Until I see a bit more specific action in this direction. I currently don’t think it would be in the best interest of the U.S. politicians to agree to something like this. Many of them are hanging on to their respective offices by their fingernails.
Time will tell,
Big Al
(Someone please lift my other comment out of the filter, please.)
Rog,
it’s a co-governing party in the Slovak Republic which is clearly against throwing more money into “the mud” –
http://strana-sas.sk/file/579/ESFS-a_road_to_socialism.pdf
Statistically, Slovakia still has a lower standard of living compared to Greece.
Hi Gundhi,
Is there a comment of yours that is not on the site? Not sure why that would be the case.
Regarding Slovakia, remember to decision from them until December. I guess that is a pretty strong statement in itself.
Best,
Big Al
Re seg.3 HI AL & ROG. I believe france is the bad grape in the bunch. Their banks are up to their necks in it , because of the previous bailouts, they need this new fund like the rest of us need air. “They” germany & france, need to keep the focus on the PIIGS, so people wont notice what they are up to.. I believe they got together some years ago , & decided they were going to rule EUROPE, because lets face it they have been trying to for centuries, if they control the purse then they control the lot. What do you two think ?
Hi again Mr. Itishtony,
My personal opinion is that France will see some tougher times ahead. Look at the recent downgrade by Moody’s of the three largest French banks.
Germany, I believe, will start looking out for itself. Look at the statement today by the German Finance Minister.
http://www.france24.com/en/20111001-germany-wont-give-more-eu-bail-out-fund
Interesting times,
Big Al
I don’t know about French banks, but M. Sarkozy’s mint will be offering some decent value:
http://www.monnaiedeparis.fr/Numismatique-et-mon-taire/200-OR-2011-pceiddvKztimAAAAEvPD4l6HPC9_asE6zm59EAAAEyxcsCeKsc.html
Four grams of gold, 200 EUR face value, legal tender in France. Lundi morning in Paris, watch for lines around the block!
THE DEBT SLAVES (americans) ARE AWAKE. GOOOOO RON PAUL
AL,,,you are correct on the balance sheet
Hi Jerry,
What is your opinion of a flat tax in the U.S.?
Big Al
I like Newt Gingrich’s Flat tax optionality as part of his 21st century contract with Amedrica
Al,
I think a flat tax would level the playing field…Meaning that everyone would be treated
equally. sure would be simple .
Just a note ,,I discoved one of my fathers old tax return..1948…it was a
5×8 card…wouldn’t that be nice..
Jerry
Al, Jerry,
In the US, I file a 1040 Long, Sch A, B, two or three C’s depending on profitability, with applicable F4562 Depreciation Schedules, Sch D, D-1, SE, M, Form 8829, Form 8283, TDF 90-22.1, and of course, a Sch V. That’s just the Federal. Then there’s AZ, sometimes another state, and sometimes Canadian taxes, with needed foreign tax credit forms needed for US.
Take a guess…do you think I’d prefer a flat tax or the status quo?
Hi John,
You probably prefer the status quo! (Sarcasm here!)
Big Al
Al,
DO you think a video on the debate between MURPHY AND CHRISTENSON
might be arranged for those who will not be able to attend….
thanks for your efforts in this area.
Jerry
Also,,congradulation to your daughter
Thanks much Jerry,
I am so lucky with all three of our children.
Best,
Big Al
Hi Jerry,
I guarantee you that we will have a video of that debate on this site.
Hey man, I owe that to you all!
Best,
Big Al
Hello JERRY. I expect there will be , a video, & it will be posted somewhere, i for one am looking forward to it, watch out for the sparks. haha.
irishtony,
last time I heard both of these guys , was about two years..should be good
Hi Jerry and Mr. Irishtony,
At least both Jeff and Murph are intelligent and civil human beings.
We will have the video here,
Big Al
thanks for the followup…l am looking forward to the debate.
Hey Big Al,
This is Ron Paul’s last term in Congress. If he does not become President he will no longer be in any office.
So what will become of Jeff if Ron Paul does not become President?
And the Fed is a criminal organization! It is an organization of the criminals, for the criminals, by the criminals and is the most successful criminal organization in the history of world!
And check out what its criminality has helped create. Just look at these unemployment rates and these are not even the U6 numbers!!!
So Big Al or any of you,
Tell me why Americans aren’t furious about what the Fedsters/Banksters have done?
Why do the AmeroConned people continue to believe that their rulers love them and “everything they do is fer da childern” when in reality they are robbing the country bllind?
It could be that everyone has forgotten Mark Twain’s definition of patriotism: “…supporting your country all the time, and your government when it deserves it.”
The socialists want you to support your government all the time as well, and most do, without even thinking about it.
Yes and we must always remember that patriotism is the last refuge of scoundrels!
It’s gettig to the point where you must hate your government if you love your country.
You know, if you are not angry you are not paying attention.
At least David Morgan is angry. I can tell by that picture.
Hi KEN. I AM FU$£ING, FU$£ING< FUC??NG< "ANGRY" !!!!! , & i'm over here in the U.K., SO I CAN IMAGING, HOW YOU FOLKS MUST FEEL OVER THERE. Regards Tony,
I tell you Tony we are living in perilous times. Thanks to criminal governments and banksters the entire world economy is nothing but a house of cards.
I think the whole thing could collapse any time. And that look on David Morgan’s face offers no reassurance.
We little people will be crushed while the criminal politicians and banksters make out like bandits.
irishtony,
I don’t think I’ve replied directly to you yet, so good day, sir. Ireland has been unceremoniously raped by your banks (and I’m sure you know that). It’s a tremendously sad outcome, because in a short 15 years, the country truly earned it’s Celtic Dragon name. There are few examples in recent history of a single country rebounding from economic challenges so quickly, and to such heights, only to lose it because of the egregious risk practices taken by a tiny few (who have no personal accountability for their decisions, no less). I hope the average citizen understands they do not have to bail out banks, despite what your Prime Minister says. Iceland told their creditors to take a hike. I hope Ireland does the same, because it can. With the up-coming fiat currency troubles that will afflict the world, it makes no sense to to put the country through hell when it won’t make any difference in the end.
I suppose I’m worked-up a bit as half my DNA comes from the Emerald Isle.
HI Guys,
John W, they do sell Guinness down in your part of the world. Have a couple because that is better than Zoloft.
I agree, as always, with all you guys.
Best,
Big Al
I wonder if one can take Guinness and Zoloft together! (just kidding)
Great program today Al!
On the housing sector in the US and the ‘Twist’.
I have a better solution for the housing problem.
The problem is not interest rates. It doesnt matter how much the Fed tries to manipulate the long term rates lower. The bottom line is there is still WAY too much inventory.
So long as there are so many houses on the market for sale, there will remain downward pressure on house prices. While there is downward pressure on house prices, there will be more foreclosures and negative equity positions.
What has to be done is to get rid of the massive inventory.
While we could wait 10 or 20 years for this to work itself out, there IS a solution.
Stop wasting money on quantitative easing or the ‘twist’ or any other schemes that really wont help.
Instead, what the Government should do is to Nationalise one or two of the biggest homebuilders in the country and STOP all construction of new housing for a period of 1 year.
Wait, I hear you say, wont that result in massive layoffs of construction workers and higher unemployment?
Well, no. Because I propose that the Government pay the wages of these construction workers for the period of 1 year.
So, hear me out for a moment…..this is sort of a bailout of the entire housing industry but it would work. Instead of squandering billions in other ridiculous schemes to prop up Banks etc, invest this money in paying construction workers for a year. In the end it will turn out to be a FAR CHEAPER option.
So, with this rationale, what would happen is that anyone who wants to buy a new home in America would be forced to buy from existing inventory, thus helping the re-sale market and you’d see prices stabilize very quickly.
Towards the end of the 12 month period, you’d start to see prices rising as inventory would have been cut DRASTICALLY. This helps everyone in the industry.
Then you re-start the construction program and put the workers back to work and new houses would come on in the following months but into a very different market, one where they arent competing with nearly as many properties for sale.
I think this plan is a far better use of funds than any of the ideas the US Government have tried so far.
Alan, What part of “the country is broke” don’t you understand?
Hi David,
Let me take a wild stab at answering that question. Could it possibly be the government? Just a wild guess!
Best to you,
Big Al
Another terrible idea like “Cash for Clunkers.”
Yes, we should penalize savers for their intelligence and prudence. How dare they?! I have a better idea. Stop anyone who is delusional and arrogant enough to think that they know better than the market what the price of anything should be. Left alone, the market will clear itself as prices fall. The cure for low prices is low prices. Market losers should suffer the consequences of their actions. To suggest otherwise, is to choose bad behavior over good. The bailout you propose, like all bailouts, is unethical. Since outlays exceed receipts in the U.S., bailout funds would have to be created out of thin air. This dilutes the dollar which obviously hurts savers the most. By propping-up home prices, your plan would hurt savers again, as they would get less house for their buck. When one receives without producing, someone else must produce without receiving. Those who are the least fit should not be able to enslave their superiors. Socialists do not understand that everyone cannot “win” to the same extent. The best we can do is strive for is fairness. That means free markets. No more busybodies, no more coercion.
HI Matthew,
What is wrong with receiving without producing? Common man, are you saying that the majority of Americans are wrong?
By the way, all you folks, please look up the definition of sarcasm. I know that one of you don’t know what it is. The rest of you definitely do!
What great comments,
Big Al
Hi Alan in Vancouver,
Something does definitely need to be done.
Your comment about the existing inventory is interesting. Something does have to be done with it. Let’s see if the free market doesn’t come to the same conclusion that you have.
Best,
Big Al
A good read over at GATA. Gold price suppression is “conspiracy theory”, only to those who won’t look at the facts.
When you consider the definition of conspiracy (an agreement by two or more persons to commit a crime, fraud, or other wrongful act), only a gullible fool would be reluctant to believe that the world, at every level, is run by conspirators. Turns out there’s a lot of gullible fools.
Thanks for the comment,
From,
Al “the gullible fool” NOT!
Hi AL. I just read your link. It sounds to me like , in exchange for these bailout funds, germany , wants to take over the running, of these country’s. see what i mean , about who controlls the purse. What do you think ?.
Irishtony, you asked Al, but I think that the actual plan, if there is one, would have to be much more refined. Even populist Merkel knows that there still is at least one 800 pound gorilla in the room, about seventy years of age.
HI Mr. Irishtony,
Yep!
Big Al
MATTHEW……YEP.
With all due respect to Mr. Morgan, if margin calls are a consequence of volatility, then why not margin calls on the treasuries or stocks during that same time. They were moving very fast too during those same days. Yet, there were none that I know of, just margin calls on gold, silver and copper. If that’s not steering money or manipulating markets, then all I can say is uncle–better still, Uncle Ben.
HI Bill,
We just had dinner with Trader Rog and he agreed with David’s assessment.
Best,
Big Al
HELLO ALL. PLEASE read the GATA, link i posted earlier.
You boyz outta check this out. Unbelievable! People can’t be this ignorant…this can’t be for real.
Ken….This is what a great majority of people think, this is why we are not in a bubble and have a long way to go..
I have watched this three times…and it is a hoot…talk about dizzy ,,
Shouldn’t she be blonde?
I wasn’t going to say that, but, I am glad you did.
This reminds me of the prominent economists of 40 years ago who warned that gold might fall to $6 without the link to the dollar to support it anymore.
Wow,
Just watched it. “Backed by something that will be around next year like the U.S. dollar?” Okay or is it not okay?
That was not a particularly well done opinion piece.
Best,
Big Al
Al,
That is for sure…but,, it does show that the general public does not have a clue..
and with reporing like the above….the bubble may be further away than we expect.
People want to believe main stream reporting…it is in their blood, to believe
authority, and the main stream believe what they are told…(until it is to late,
and even then they will not understand or know what went wrong..)
And as you know, this supports our thinking , that gold is not in a bubble, or even
close to being finished..(
Good points. And because the masses do not understand, they will lash out at the wrong people (us gold investors), for the wrong reasons (propaganda, envy). I don’t know what’s worse, the criminals in charge, or the criminally stupid who love them!
Check this out: http://www.telegraph.co.uk/finance/newsbysector/industry/mining/8801304/Boost-for-Athens-as-Qatar-invests-775m-in-Greek-gold.html
Note that the title of the piece amounts to “lipstick on a pig”. In the title, “invests” should be “buys”!
Either way, this is very bullish news.
I should clarify. This is bullish for gold. NOT Greece. They just lost their best asset!
I just got around to taking a closer look at the article. I was wrong. This deal looks pretty good for Greece as well as gold.
Not that anyone here needs any convincing, but gold IS backed by something…about 3 1/2 billion buyers around the world, and counting.
Heck — all this talk about economics — let’s focus on some real issues, such as who is going to win the world series (LOL).
Mr. Bentnail,
Assuming that there will be a major revamping of the win-loss scenario, I would go with the Seattle Mariners!
Yep, that is absolutely irrational wishful thinking!
Best,
Big and Irrational Al
AL:
Well then … if we are taking “irrational thinking” into consideration, then it will be the Bluejays all the way — ha ha ha.
Let me get on my cuttin’ horse and turn this herd of commentators toward Arizona. I took a gander at a map of the Passport Potash holdings near Holbrook Az and note that the deposit is right close to the Petrified Forest National Park. This makes me wonder, just how easy it is going to be to get all the required permits for an open pit mining operation? There may not be many living trees to hug out there, but there sure are a lot of mineralized ones. What do you sages think?
Hi Tex,
The jury, consisting of Big Al, is still out on this one.
Will keep you posted,
Big Al
GreaT insighT Tex….Thanks for The Tought.
Hi Tex,
I’m a Zonie. Holbrook is a nice little place, actually. I think so long Passport is not in the park, the issue would be working with self-governing Tribal permitting process. Although I couldn’t speak for the locals, I think many of the people in the area would be happy to have a new source of jobs. Good questions, though.
Hi John W,
That is what Josh is telling me and I have no reason to disagree.
Look for a video coming up this week with myself, Josh and Trader Rog.
Best,
Big Al
Hi JW,
I’ve hiked the Petrified Forest and it sure is nice around there. My concern is that no matter what the residents, Tribal or otherwise, want, the Federals may have other ideas….after all they know best (or so they tell me).
Hi Tex and the rest of you folks,
We will be shooting a video an executive director of Passport Potash on Tuesday. We will have it posted by Saturday. Until then I plan to keep my powder dry as in, I am not going to buy any shares until this video is completed.
Have a great rest of the weekend,
Big Al
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Sodium manganese battery being developed for grid management. Good news for manganese demand if it works out.
Hi Fred B,
That is only one of the reasons that I like American Manganese.
Thanks for bringing this up,
Big Al
Police in New York have arrested over 700 demonstrators involved in the latest protest against banks by a movement known as “Occupy Wall Street”.
Those arrested were part of a group crossing New York City’s Brooklyn Bridge from Manhattan where they were met by a large police presence.
The loosely-organised group has staged protests against corporate greed and unemployment.
Anti-Wall Street activists first occupied a small park in lower Manhattan two weeks ago to protest corporate bailouts and corporate influence in politics, but took their demonstration yesterday.
“More than 700 people were arrested. Most of them for disorderly conduct,” a New York Police Department spokesman said.
Some were released after a few hours, while others would likely be held for a day or could receive a court summons, he said.
Earlier, another NYPD spokesman said there were “several hundred protesters who decided to walk on the roadway and who blocked traffic. Some heeded the warnings, some left, and arrests were made.”
The “Occupy Wall Street” group inspired by the pro-democracy Arab Spring movements had said on its website that “at least 50” protesters had been arrested.
Police shut down the Brooklyn Bridge “for a couple of hours” in the late afternoon, the NYPD said, adding that many protesters had remained on the bridge’s pedestrian walkway without incident.
“Occupy Wall Street” said it had staked its ground in downtown Manhattan “as a symbolic gesture of our discontent with the current economic and political climate.”
“We are all races, sexes and creeds. We are the majority. We are the 99%. And we will no longer be silent,” it added.
Protesters have added police brutality to their lengthy and still vaguely defined list of grievances after a senior officer used pepper spray against four demonstrators who had already been shut inside a police pen a week ago.
In Boston on yesterday, 24 protesters were arrested and charged with trespassing as a vast crowd marched outside Bank of America offices.
“Right to the City”, the coalition of advocacy groups that organised the demonstration, said the event was held to protest corporate greed and to stop bank foreclosures.
According to organisers, around 3,000 people marched outside the bank. Police did not provide a crowd estimate.
Wait till the unemployed students, which have 40% unemployment, join in…
This is a soon to be eruption against banker,and the govt. This will happen when they can not get a job and
HAVE TO START REPAYING THE LOANS, AND CAN’T , BECAUSE THEY DO NOT
HAVE AN INCOME STREAM..AND REALIZE THEY CAN NOT FILE BANKRUPTCY,
AND ARE INDEBTED TO THE GOVT. FOREVER.,,,,,THAT IS FOREVER,…
Hi Jerry,
Just pouring more gasoline on the already raging fire!
Big Al
Hi Mr. Irish,
I am going to do some research on this group. From what your comment stated, it appears on the surface that they have their acts together. I will dig into it and maybe do a Daily Editorial on it.
Thanks for the info,
Big Al
The above was taking from , the IRISH news channel , RTE. I dont know how much media coverage these protest’s are getting in the U.S. Could somebody let me know please. I do know RTE have been reporting on them for days. Thank you.
Hi Mr. Irishtony,
Go to http://www.drudgereport.com
According to Drudge, the protests are spreading across the U.S.
Wow, I have to admit that I never thought I would see this in the U.S.
Thanks for the tip,
Big Al
Once again Mr. Irishtony,
What do you think the chances of this escalating are? I personally think they are fairly strong. There is a lot of discontent over here.
If you can access it, I would suggest that you read an editorial by Peggy Noonan that appeared in the Wall Street Journal yesterday regarding leadership in the U.S. and the current slate of presidential candidate hopefuls.
Here is the link to the beginning of this editorial: http://online.wsj.com/article/declarations.html
Big Al
As we get ready to kick off the fourth quarter, I thought the sentiment of one honest and credible money manager was worth sharing. James J. Puplava wrote the following just a few days ago: “What I can say is the stocks are grossly undervalued in comparison to bullion. I don’t just believe this; I’m investing my own money in this way.” You can read the entire piece here: http://www.financialsense.com/contributors/james-j-puplava/2011/09/27/there-will-be-stimulus-part-2
I have to agree with Jim. Given the plunge in sentiment (see $BPGDM), and the outright terror and panic in the market, I believe that most of the selling is done. With no one left to take the market lower, we are likely to see a sharp and lasting reversal within the next three weeks. Short-covering will add urgency to the move.
Matthew,,
thanks for the comment,,,(concerning the general public tv spot)
I know I am close to being on the correct path, when you chime in with
a positive comment.
Thanks and appreciate your insight.
Respectfully
Jerry
Jerry, you’re too kind, and way too modest. I have always found myself in agreement with your views — whether financial or political. I hope we’re both on the correct path, ’cause it looks like we’re on the same one!
Best to you sir,
Matthew
Matthew,hope to see ya at the end…,” Happy Trails to You”….Gene Autry, 1956?
Have great week..
Jerry
Thanks Jerry, same to you.
Matthew
You know what guys?
Big Al bets we all see eachother at the end and we will be instant friends.
Best to you all,
Big Al
Hi Matthew,
Good to know that Jim and I are on the same page.
By the way, I have nothing but respect for Jim and his program.
Best,
Big Al
HI AL, Thank’s for the links. Do i think it is going to escalate,YES. A lot of the people are awake now, & more are awaking, & they dont like the nightmare, they have awoken into. You only have to look at what’s happening in EUROPE, & here in the uk. We had another big demonstration today, in MANCHESTER CITY, (of football fame) 20000 people protesting about cutbacks. People across EUROPE are VERY ANGRY with their GOVERNMENTS, for bailing out the BANKS, & so they should be, after all WE ARE THE ONES PICKING UP THE TAB. I am angry, you are angry, we are all bloody angry, & what do our leaders do? THEY POKE 2 FINGERS UP AT US. That’s what they do.I shall stop now before i go into a rant….
hi irishtony,,,
Does it look like another FRENCE REVOLUTION (just using this as an example
dont want to tick you off), for the”French connection”,,,(wasnt that a movie)
o’well, outside of that, how is your day going.
HI Irishtony,
Demonstration today in Manchester involving 20,000 people. Violent, peaceful or what?
Big Al
Wait, I cannot fathom it being so stfhwgatroriard.
It’s ok folks, iv’e calmed down now, i looked at a piece of silver on my desk , it does have healing property’s. LOL.
Hello JERRY, Iv’e had a good day, plenty of sunshine here on the south coast, beaches full, lots of happy smiley people. Talking of the french revolution, any idea were i might lay my hands on plans, for building a GUILLOTINE. Perhaps i could start making them, i could sell them to the protesters. I could take on about 50 workers, that would be creating jobs in the private sector, Something that the, GOVT or the FED, cant seem to manage. What do you think ?.
Hi Mr. Irishtony,
Guillotines? I don’t know man!
I will say that in the past conditions like we have today have started revolutions.
I would hope that if this occurs it is at the ballot box.
Best,
Big Al
Al,
your assumption is we have fair elections…
Hi Jerry,
As I commented to Mr Irish below, I am giving it one more chance and that is the 2012 U.S. election.
We’ll see.
Hope and pray.
Big Al
You’d need to be very cautious about selling guillotines in the UK. Selling even traditional razor blades to minors is illegal there – did the phrase ‘effeminate nanny state’ just come to my mind?
HI JERRY> Your spot on about the students.
irishtony,
thanks for the comment,,glad to see you are having a great day in the sun.
Hello MATTHEW. With GREECE having gold mines, & the arabs backing them, i think they should default right now, before the MOB grabs their GOLD, what do you say.
Hi irishtony,
I absolutely think they should default. Those who’ve been foolish enough to fund or otherwise invest in Greece should have to suffer the consequences. Likewise, the profligate Greeks should suffer the consequences of default (increased borrowing costs etc). Debt is the tool of choice for the bankers to destroy both personal and national sovereignty. In this approach, most cannot understand the goal.
P.s.- You get the Mad Genius Award for your silver purchase the other day! What a bargain that will prove to be!
Hi Matthew,
Your comments about Greece parallel mine exactly. Ditto for the silver purchase comment.
Big Al
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I just read, over at “GATA”……… FINANCIAL TIMES lets someone say something good about gold. This can only be good for the gold & silver price.
Mr. Irishtony,
As of this morning gold was going up in Far East trading.
Let’s see where the markets open tonight.
Best,
Big Al
HI AL,
Went to the drudge report…..I liked the” OBAMA FRIED CHICKEN,” company ad from
the chinese restrauant chain better….
The chinese are great marketers and copy cats.
Yep, Jerry
They are great copy cats. Not sure about the marketing comment. They seem to sell everything based on price. This is definitely not to say that they are not very intelligent folks. I know from personal experience that they definitely are.
Thanks for the comments,
Big Al
Hello AL. Peaceful last time i looked. I too would prefer the ballot box, but people have tried that in the past& they see it dose not work. sad eh.
Hi Mr. Irish,
Yeh, well let’s see what happens in the U.S. in 2012.
Hopefully, you were able to read the article which I suggested. It says it all in my opinion.
Big Al
Al, please get Bill Murphy from GATA on your show. I’d also like to hear Jim Wille from Golden Jackass. These guys are excellent.
Hi Al,
Murph will be doing a Daily Editorial with me this week and he will also be on the Weekend Show.
Jim is not very keen to come on our show. Oh well, life does go on.
Best,
Big Al
Keep the videos coming, much better than just audio!
Hi Al,
I’m troubled by the guys who are too nervous to begin or stay with gold & silver investing. Perhaps it would help if they went to the Kitco Multi-year historical charts for gold & silver to see what’s happened in the past eleven years to the prices. And then ask themselves if the economy, etc., has gotten any better since 2000. That’s what I do on the rare occasions I feel a moment of hesitancy. So long as the government is only making things worse, not better, I feel pretty safe holding PM.
-Jim
Hi JIM. Yes i agree with you. I feel save holding silver. Regards Tony.
Hi AL. Re seg.2 For what is worth i am 100% in the GATA camp. Anybody with half a brain can see whats going on . The people at the top “CANT” allow PM’S to rise to quick, because it make their funny money look weak, & i also think , every time they slam it down , they use their so called cash to buy PM’S, because even THEY know that FIAT is trash, & COULD!!! go the way of the DODO……….. AL remember to stay sober at SARAH’S wedding, until after the speeches.I hope SARAH % her GROOM, & the family’s have a great day. GOOD LUCK TO THEM. PS. When you are at the silver conference , if there is any cheap SILVER ROUNDS going pick me up a handful hahaha.