Gold and Silver Crashes "FTI" Told us so!

[frankq]

Jun 29, 2014 12:03:07 GMT -5 damnotagain said:

Oct 11, 2013 15:25:49 GMT -5 frankq said:

Yeah.....safe haven metals my ass. If gold can't produce in this environment, when will it? 1100 is looking like it might be here before years' end.....Where are all the metals guys now?

Look familiar for a guy that says he never had anything to say about gold at 1100? 
Never bought gold at 1900.00 if you could show me that post , great.
Obviously you care plenty about what I have to say. Raising money for our troops is not  disrespectful it's an honor.

half a billion dollar buy is more than just an Iraq bump.

Yeah, I was referencing the BIG prediction you keep crying about. Just keep buying gold........you'd have saved some dough today.....I can't believe that you guys can still defend your gold hype...talk about denial. Dude.....really. Yes, raising money for troops is honorable. Including it in your imbecilic attempts to try to insist that you had a winning investment position is not. Obviously I don't care what you say as long as it's accurate. You seldom are. Ok, I had to respond to his misuse of my quote. Now we're done with the subject. Have a nice holiday Richard......

[frankq]

While all we have done is make enemy's in the world with firepower , China is making friends through diplomacy .

Yeah, they frickin love them in Southeast Asia........LOL........Oh.....you were talking about North Korea loving the Chinese.....yeah....you're right..Geez, I can't believe you can post this shit with a straight face.....(apparently)

[Aman A.K.A. Ahamburger]

I know, right!?!.. I'm glad that I wasn't the only one that thought that was the most absurd statement made sine you know who left. I mean Tibet? Tiwan? Like you said, Q SE Asia?

Damn, it's the PEOPLE that we lifted up! You know, the ones the are being suppressed on a massive scale? These ones... Pro-democracy protesters turn out en masse in Hong Kong

I've been saying it for years... Let's all help the Chinese get their democracy!!

[damnotagain]

Lil q ,

Nothing you say changes the fact you were wrong.i already said I missed the mark (1400).
once again your inability to fully comprehend or remember what has been said is as consistent as you are wrong. So let me know when you pay up! I did. If your to tight maybe drive for the DAV . Meet a great bunch of men. They could teach you something.

if your going to call me a dick be man enough to say it. Afraid Mmhmm going to spank ya.
lol 

So really where would this amazing market be without 4.5 trillion added to the Feds balance sheet? Interests rates at 0-.25% ? Like you guys are market gurus. Lol

 Its been good to everyone in it. Some of the returns on emerging market funds have been quite nice. 

[damnotagain]

Jul 4, 2014 1:12:03 GMT -5 Aman A.K.A. Ahamburger said:

I know, right!?!.. I'm glad that I wasn't the only one that thought that was the most absurd statement made sine you know who left. I mean Tibet? Tiwan? Like you said, Q SE Asia?

Damn, it's the PEOPLE that we lifted up! You know, the ones the are being suppressed on a massive scale? These ones... Pro-democracy protesters turn out en masse in Hong Kong

I've been saying it for years... Let's all help the Chinese get their democracy!!

China will never be a democracy! Their GDP 7.4% might be slow but it looks like -2.9 US GDP is a little slower. 

[Aman A.K.A. Ahamburger]

Ya damn, then there is the reality of the situation... China Isn’t Just Slowing Down — It’s Contracting.. You keep telling yourself whatever you want, damn. The Chinese commies don't think there will ever be democracy in China either, let's see what happens when their depression sets in. I'm sure they would be real happy with your support though.

[damnotagain]

Jul 3, 2014 19:20:00 GMT -5 frankq said:

While all we have done is make enemy's in the world with firepower , China is making friends through diplomacy .

Yeah, they frickin love them in Southeast Asia........LOL........Oh.....you were talking about North Korea loving the Chinese.....yeah....you're right..Geez, I can't believe you can post this shit with a straight face.....(apparently)

China snubs North Korea ! Keep up with the times. 

Chinese Leader's Seoul Visit Seen As Snub To North Korea
In a sign that China and South Korea are moving closer together, possibly at North Korea's expense, Beijing and Seoul have said they are close to a free-trade deal and issued a joint statement that they firmly oppose nuclear weapons on the Korean Peninsula.

Straight faced 

www.npr.org/blogs/thetwo-way/2014/07/03/328179821/chinese-leaders-seoul-visit-seen-as-snub-to-north-korea

[frankq]

China snubs North Korea ! Keep up with the times.

I do. That's why conversing with you is tiring and like talking to a child....China will certainly give Kim a good talking too though...

www.cfr.org/china/china-north-korea-relationship/p11097

www.dailymail.co.uk/news/article-2582931/North-Korea-bad-Nazis-says-UN-report-Chinese-allies-tell-human-rights-body-mind-business.html

South East Asian leaders are holding a summit in Myanmar, also known as Burma, for the first time on Sunday.

But plans to focus economic integration may be somewhat overshadowed by the ongoing confrontation between Vietnam and China in the South China Sea.


www.bbc.com/news/world-asia-27354533

Vietnamese naval ships and Chinese vessels have collided in the South China Sea, according to Vietnamese officials.

The Vietnamese navy was trying to prevent the Chinese from setting up an oil rig in an area claimed by both nations.

The incident is the most serious at sea between the countries in years.


www.bbc.com/news/world-asia-27318910

[sunrnr]

I'm not sure how an argument about China got in this thread, but here's something to be looked at. Mostly it's about how China has taken control of rare earth sources, but has some very thought provoking information in the included video. Well worth the time to watch and think about.

US Military 100 % dependent on China

namaste

[damnotagain]

Gold going higher 1350  next stop! 

[damnotagain]

Almost there,  not much faith In the dollar.

[frankq]

Gold going higher 1350 next stop!

Almost there, not much faith In the dollar.

Yeah...............almost.........wait! What's that? Back below $1300 again!!!?? LOL.....Better sell soon Midas...

[damnotagain]

Q,

"Last response because......I have blocked your avatar, blocked your posts so I do not see them, blocked you starting any conversations with me, blocked any messages to me, etc, etc. Good luck with your investing. I refuse to be baited by your childish posts and drama.

I am asking DI and/or Mod to confer with the other mods on the other boards where you post (Market Talk and Investing Perspectives) and to perhaps take some action to stop your constant childish attempts to stir up trouble and turmoil on the boards. In my opinion, the worst TROLL on this entire set of boards." 

That sounds like something one of your whining a$$ friends might say. Lol
Really that's all you got . 1300 yuk yuk . 

Never worried about GOLD 

[damnotagain]

Small black swan sure moves money into the safe haven. To bad it's leveraged 100/1 on paper. Always buy physical.

Yuk yuk that's Canadian for toot toot! 

[frankq]

I am asking DI and/or Mod to confer with the other mods on the other boards where you post (Market Talk and Investing Perspectives) and to perhaps take some action to stop your constant childish attempts to stir up trouble and turmoil on the boards. In my opinion, the worst TROLL on this entire set of boards."

Have at it buddy.

"Last response because......I have blocked your avatar, blocked your posts so I do not see them, blocked you starting any conversations with me, blocked any messages to me, etc, etc. Good luck with your investing. I refuse to be baited by your childish posts and drama.

Last response? Good God I hope so.....

Gold going higher 1350 next stop!

Apparently not this year.....but someday... enjoy...

[damnotagain]

 Like I said I am not worried about gold! 

Those remarks above , were addressed to me by one of your gay ( happy) friends on another thread . As usual your a day late and no doubt a dollar short. 

[truthbound]

Jul 16, 2014 15:24:45 GMT -5 frankq said:

Gold going higher 1350 next stop!

Almost there, not much faith In the dollar.

Yeah...............almost.........wait! What's that? Back below $1300 again!!!?? LOL.....Better sell soon Midas...

Gold and Silver going down just like I said it would. I suggest all you sheeple buy buy buy lol!

[damnotagain]

Lol , you guys are the best indicator ,that I have ever seen,  that gold and silver are going higher. 

Gold and silver up since you just ran your mouth . True or not? 

[damnotagain]

Aug 1, 2014 4:54:58 GMT -5 truthbound said:

Jul 16, 2014 15:24:45 GMT -5 frankq said:

Gold going higher 1350 next stop!

Almost there, not much faith In the dollar.

Yeah...............almost.........wait! What's that? Back below $1300 again!!!?? LOL.....Better sell soon Midas...

Gold and Silver going down just like I said it would. I suggest all you sheeple buy buy buy lol!

Y'all come back now hear!

[jarrett1]

 Same Shit different day over here huh?

Go away come back same BS...gold still going to $1100....this is still the same freak'n market it has been for the last going on 6 years...another 8-8.5% and we (those of us who actually know what we are doing) will be at 18,000 on the DOW come 12/31/14...says Jeremy Segal Wharton School of Business and others who know what they are talking about

So with out any further ado:
 
THE ECONOMY 

Real Gross Domestic Product (GDP) grew by 4% in 2Q 2014

U. S. payroll employment increased by 209,000 jobs in July, the sixth consecutive month above 200,000

Personal income increased by 0.4% in June

Inflation is historically low, around 2% on an annual basis

The nation’s savings rate is holding steady, around 5.3%


You’d think, given those “facts,” that consumers would be dancing in the streets, politicians would be kissing babies and passing out cigars, and business executives would be calculating their year-end bonuses. Instead of that euphoria, we seem to have a kind of national lethargy – a lack of confidence in the future and worry that those good things can’t last.

Even the stock market is in disbelief

Sure enough, a closer inspection of the items above reveals a weakness, or at least a potential problem with all of them:



GDP growth was strong in 2Q, but that was recovering from the 2.1% decline in the first quarter. For the year as a whole, we’re not likely to do much better than +2%, which has been our long-run average for at least the past decade.


Despite the seemingly strong job gains, the average workweek for all workers was unchanged at 34.5 hours and average hourly earnings were also unchanged.

More people are working, but those working aren’t earning any more.

Most of the growth in personal income was due to an increase in dividend income.
That won’t encourage a big jump in spending. 

Goods-producing jobs increased, but were still only 58,000 of the 209,000 total employment gains. Unemployment actually increased to 6.2%, and the number of long-term unemployed remains historically high.


Inflation in general remains low, but a recent jump in the Employment Cost Index of +0.7% for the second quarter raised concerns about future inflation and corporate profitability.


The relatively high savings rate (5.3% of disposable income) indicates that consumer confidence is soft and they’re still somewhat wary of the future.


Bottom Line: Last week’s positive news shouldn’t lull us into thinking that we’re on economic cruise control. There are a lot of potholes in the road ahead, and we shouldn’t be too surprised if we slip into a few of them from time to time.



THE MARKETS


Market Indicator                                   Week’s Change                                        Year-to-Date Change

Dow Jones Industrials                                 -2.75%                                                     -0.50%

S & P 500 Stock                                         -2.69%                                                     +4.15%

NASDAQ Composite                                    -2.18%                                                     +4.22%




The markets had kind of a financial nervous breakdown last Thursday (and Friday) giving up some or all of this year’s gains for the major indicators.

Most of the worry seemed to come from overseas, with the focus on a bank in Portugal, tightening sanctions on Russia, the conflict in Gaza, and a sovereign bond default by Argentina.

On the domestic side, increased anxiety about the Federal Reserve’s “tapering-tightening” strategy only added to the worry.



Those concerns easily overwhelmed what has been a surprisingly strong quarter for corporate earnings. Second quarter revenues and income have been better than most expected, but they’ve been undermined by weak forward guidance. How much longer can the party go on if the Fed takes the punchbowl away?



On that point I remain mystified. Analysts seem to feel that a return to “normal” interest rates – whatever that means – will be a devastating blow to the markets. Why? If the return on the 10-year Treasury note were to increase from its current level around 2.5% to 3.5%, would the demand for stocks dry up? The annual return on the S & P 500 has averaged +7.5% for the last ten years, and there has been only one down year (2008: -37%) in the past decade.

    -bat-Remember if unemployment is a lagging indicator...
-bat-rising rates is a forward indicator and markets...

-bat-boys and girls markets do go up in a rising interest rate enviorment


Has the advance in stock prices in recent years been driven by strong demand from small investors? Certainly not. The amount invested in money-market funds - the $1 per share/zero-yielding bastion of conservative investors – has remained at or near $2.5 trillion for years.



Also, the gains in stock prices over the past couple of years haven’t really been due to an increase in valuation metrics, but instead due to earnings gains. The P/E multiple for the S & P 500 has moved toward the high end of its average historic range, ending this past Friday at 18.8 times trailing twelve months’ earnings. But, that’s a long way from the 30 – 40 multiple that we had in the early 2000s, before the dot com bubble burst.



Interest rates across the board, from Treasuries to mortgages, remain historically low. How likely is it that rates on 90-day T-bills, for instance, will return to the 5-6% level that we had in 2006-2007? Not very likely in my opinion, and that’s what it would take to shock the markets to the degree that some people are worried about.



Let me close this section with that old medical cliché, “Take two and call me in the morning.” The “two” I’m referring to here are: (1) the value of the Euro (€), and (2) oil prices. If foreign concerns were that worrisome, you’d think those two factors would be experiencing extreme volatility.



Instead, Europe’s common currency continues to fluctuate modestly in the mid-$1.30 range, and oil prices are actually lower than they were at the beginning of 2014. What do those currency and oil traders know that we don’t?



FAST FRANK'S FINANCIAL FACT OF THE WEEK



A recent study by the Russell Sage Foundation noted that the inflation-adjusted net worth for the typical household (fiftieth percentile) was $87,992 in 2003, but only $56,335 in 2013, a decline of 36%. For families at the 95th percentile, their net worth increased by 14% over the same ten-year period.

Ciao Baby!!!

[bimetalaupt]

INFLATION WAS NEGATIVE IN 1932: START OF THE DJIA RAISE FROM 41 TO 195 IN 1937.  WE NEED MORE M2 AS DID THE BANKING SYSTEM IN 1932; THE FED NEVER REPLACED M2 IN 1933 OR 2013!!..M2 IS LESS THEN M1..
REAL PROBLEM FOR INCREASING REAL GROWTH; PER NOTED ECONOMIST I STUDIED UNDER IN ECON 689.

JUST SOME NOTES ON MONEY AND BANKING FROM MY GRANDFATHER,

BiMetalAuPt 
Percent change at seasonally adjusted annual rates
.....................................................M1...............M2
Apr. 21, 2014 (13 weeks previous) .......11.0.......... 6.5
Jan. 20, 2014 (26 weeks previous) .......14.5.......... 7.0
July 22, 2013 (52 weeks previous)....... 11.2........... 6.6

[jarrett1]

Yeah Baby!

[damnotagain]

Thank you federal reserve! They were rolling up the streets of NY , Before the bailout. Lol The fed has no option but to continue ! Wow your brilliant!

[sunrnr]

 Damn,  ! Back trying to confuse us with facts again are ya!?

[bimetalaupt]

Aug 3, 2014 18:26:45 GMT -5 damnotagain said:

Thank you federal reserve! They were rolling up the streets of NY , Before the bailout. Lol The fed has no option but to continue ! Wow your brilliant!

au project 1078.99040941423   ( possibility * probabilistic) 
sd 350.332426556866
average 618.958333333333
%sd 32.4685394328%
% overpriced 28.462680%

What about the ECB, BOJ, Russian Central and BOM?  Generly speaking GOLD mis overpriced by 28.462680%.


Correlation to 
m3..............92.8562983820%
M2..............94.3891026081%
none m2-m3...84.7164247627%
m1...............94.7532582910%....forcast with M1......$1198.98969517142 / troy oz



Just the new MMXVI-Alpha Concept TEST ...

BiMetalAuPt

[Aman A.K.A. Ahamburger]

Frankie, you know I luv ya my man, but this ain't the same market, not by along shot. The FED is tightening policy to start. That China problem we talked about a couple years back -the slow motion plane crash- is in full view. The Mid East isn't just a Gaza thing, it's a full on shit storm thing that's sucking China into war. This is why oil is trending down right now, IMO, the oil guys are trying to shake people out of their oil positions because they know what's coming.

I agree that inflation is a non issue, but that's because Portugal just nationalize a bank -depression- and like you said Argentina defaulted.

I also agree in Siegel's stocks for the long haul based on the USA's longevity and historical performance, however, the DOW and S&P also rely on the world economy -which is in deep do doo.

No offence to Siegel, I'm sure he's a smart guy, however, his outlook for 2008 shows his perma-bull attitude can bite him in the ass. This video below was from July 2007, but it sure sounds like it was from July, 30th, 2014. JS basically says that housing is a "non issue" and won't lead to any major problems...



All that aside, hope things are well with you my friend.

[damnotagain]

Dr Paul Paul Craig Roberts

Having created more paper gold claims than there is gold to satisfy, the Fed has used its dependent bullion banks to loot the gold exchange traded funds (ETFs) of gold in order to avoid default on Asian deliveries. Default would collapse the fractional bullion system that allows the Fed to drive down the gold price and protect the dollar from QE.

What we are witnessing is our central bank pulling out all stops on integrity and lawfulness in order to serve a small handful of banks that financial deregulation allowed to become “too big to fail” at the expense of our economy and our currency. When the Fed runs out of gold to borrow, to rehypothecate, and to loot from ETFs, the Fed will have to abandon QE or the US dollar will collapse and with it Washington’s power to exercise hegemony over the world.



www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/

[frankq]

Nice to hear from you again Jarrett.

[jarrett1]

And you know I       U2...not the band!!!

The FED has done shit to tighten...they are only telegraphing their intent...now all they do is reduce the bond buy each month...so no rate increase until 2015...that said...they can only raise  .25bp per quarter...which is 1% per year...wake me in 2018...because boys and girls markets also go up in a rising rate environment

Everything in the middle east is...GODS PLAN for peace...there are new coalitions forming against and ISSI and others which will create opportunity and prosperity in the years ahead...so don't buy the news...buy the future

To all my friends here who know who jarret1 is...get ready for:

NOBULLSTREET.COM I'am going to disrupt and disgust and then burn 'em all...before my fall...I will stand tall.

[jarrett1]

Hey I missed you F'ing guys here!

But I've been working...this social media stuff is hard work...but all the time away will show when we release the site