tag:blogger.com,1999:blog-7982981413278241287.post2895575529158959982..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Fact vs. Fiction - Truth vs. LiesDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-7982981413278241287.post-42023094322126868002013-12-30T09:00:03.789-07:002013-12-30T09:00:03.789-07:00I could not agree more. Dave thrives on the truth...I could not agree more. Dave thrives on the truth.Bill Osbornenoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-6461760842139976752013-12-28T23:26:53.431-07:002013-12-28T23:26:53.431-07:00Very difficult to understand the economic system.Very difficult to understand the economic system.Tonohttp://www.kiosbukumurah.comnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-47841573856459533132013-12-27T16:55:11.076-07:002013-12-27T16:55:11.076-07:00Colossal Fraud-There are No Free Markets-Rob Kirby...Colossal Fraud-There are No Free Markets-Rob Kirby<br /><br />Financial analyst Rob Kirby says, “There is colossal fraud and price control going on. There are no free markets.” Kirby goes on to say, “What we’ve seen over the last six months is a ramp-up in interest rate swaps to the tune of $12 trillion . . . . What the build in these interest rate swaps is achieving, it’s stemming the rise in interest rates.” Kirby, who has 15 years experience in trading derivatives, says these complicated derivatives overseen by the U.S. Treasury control the price of virtually everything. Kirby contends, “I refer to this as a price control grid. They are able to dictate and arbitrarily set the price of all strategic goods in the market, whether it’s capitol, whether it’s energy or whether it’s precious metals.” As an example of control, Kirby explains, “We have 10-year U.S. bond rates under 3%, and I would say the United States is actually insolvent, and we have countries like Greece where 10-year bonds are yielding over 9%.” When does this end? Kirby points to the finite physical gold market and massive Chinese global buying for a clue. Kirby says, “When China doesn’t get their gold, that’s when this ends, and that might be when we have a war.”<br /><br />http://usawatchdog.com/colossal-fraud-there-are-no-free-markets-rob-kirby/<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-35786355443985467172013-12-26T21:31:34.397-07:002013-12-26T21:31:34.397-07:00"Sunday retail sales dropped 3.1% - that'..."Sunday retail sales dropped 3.1% - that's before stripping out inflation - and shopper traffic dropped 21%". Is it really possible that with only 80% as many shoppers, sales could have dropped only 3%? Something is statistically amiss, IMHO (and don't tell us it is because everyone was shopping on line)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90979184923382488712013-12-24T12:57:44.941-07:002013-12-24T12:57:44.941-07:00It's a mystery to me how you (or anyone else) ...It's a mystery to me how you (or anyone else) could have "lost their life savings" when both gold and silver remain at solid levels. Should they be trading higher? Sure. Are their prices manipulated? Yes. But no one who has bought bullion – even at their tops – has come remotely close to losing everything.<br /><br />Now, if you made the mistake of putting every penny that you had into them, and have no income stream from which to support yourself, then you made a foolish mistake. The only real question was always going to be "when", not "if" metals will appreciate dramatically.<br /><br />Finally, while all holders of bullion can empathize with your frustration, we are living through a remarkable and unique economic period, and no matter how clear the fundamentals may be, it is folly to imagine that trades can be accurately timed.Paul Warfieldhttps://www.blogger.com/profile/15395649881637041633noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-13981976492946202452013-12-24T11:28:54.384-07:002013-12-24T11:28:54.384-07:00Having Chinese at the in-laws tonight-- a family t...Having Chinese at the in-laws tonight-- a family tradition. Merry Christmas and all the best to you and yours Dave! You are not doom and gloom, you are honest and straightforward.<br />Justin from CanadaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-84260776811905099692013-12-24T10:35:27.067-07:002013-12-24T10:35:27.067-07:00LOL. Have a great holiday season - I think next y...LOL. Have a great holiday season - I think next year could get turbulentDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-57406702464312136372013-12-24T10:34:16.027-07:002013-12-24T10:34:16.027-07:00Yes. Don't buy it on margin and leave yoursel...Yes. Don't buy it on margin and leave yourself room to double down if keeps going higher. Then, sit tight and be right.<br /><br />When I first shorted DHI at $23.90 area, it shot up over $27 quickly. I added some in the high $26's. How's that looking?Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-80798011280015065612013-12-24T10:10:06.788-07:002013-12-24T10:10:06.788-07:00Dave -
you r not alone in having to deal with the...Dave - <br />you r not alone in having to deal with the sheep who remain entranced and embedded in the MoneyChangers matrix...here is but one email from a former friend who has turmed his back on real money and real money advocates....<br /><br />"let me lay out the facts again<br /><br />07<br />08<br />09<br />10<br />11<br />12<br />13<br />and now 14<br /><br /><br />but none of that matters to you guys because it all 'manipulated' <br /><br />what you guys never address is that "manipulated" dont put food on the table----so guys like me have been wiped out as we waited for years trying to hold on to this pipe dream about the value of metal blasting off, the dollar fails, hyper-inflation, riots in the streets and on and on with all that crap spewed since late 07------so now metal is a buck an oz and the market tries to bust 17000-------you people could not have been more wrong in your predictions<br /><br />what you dont see is that the guys for the stock market are just like you---they made a fortune and laugh their ass off at us dudes who bought metal at 50 an oz-----now they buying a new suits and guys like me in our 60's are destroyed-------and one day the market will go down and metal will go up----big deal-----by then guys like me who tried to hold on for a decade will be wiped out so it wont matter<br /><br />the facts are the market goes into 2014 roaring and metal aint worth shit and going down----but the metal guys, like Krugman said, will never admit how wrong they were<br /><br />yeah, at the end of 07 metal dudes saw the market trying to bust 17000 and metal at 19 an oz by 2014---man, who they kidding?<br /><br />so if 2014 is just more of the same crap a whole new boat load of guys like me will have lost everything and be working the rest of their lives trying to pay their PG and E bill<br /><br />fact: it's 2014 and metal is 19 an oz and the market wants to pop 17000<br /><br />constantly saying "manipulated" to the guys like me who have now lost their life savings on this fiasco means nothing in the face of reality---the bills still have to be paid------what good does "manipulated" do me in 2014?<br /><br />but I already know the response------somehow it's the guys like me who went broke are at fault----and the metal guys will argue the same stuff they argued since 07----the fact that reality is so bitterly different for us guys in the trenches means nothing to themAnonymoushttps://www.blogger.com/profile/07559429626139107284noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-40822172565119112752013-12-24T09:37:52.415-07:002013-12-24T09:37:52.415-07:00I keep hearing you about the housing drop and wond...I keep hearing you about the housing drop and wondered about SRS. Is this a good time to get some as the price is around 21 with the 52 week low being 16 and the high 24?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-10848776081910924352013-12-24T09:36:08.755-07:002013-12-24T09:36:08.755-07:00Dave, save your breath with the sheeple. Especiall...Dave, save your breath with the sheeple. Especially the 50% getting a check from uncle scam or some RE hustler dependent on the Feds suicidal policies. They can't understand because they are paid not to understand. <br />thanks loads this year for your excellent analysis and best of luck next year ! <br />Fellow doomer .....lolR. Bart Cobbhttps://www.blogger.com/profile/18194114771753073402noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90394561577856004132013-12-24T09:23:34.129-07:002013-12-24T09:23:34.129-07:00Student loans are the second highest debt with mor...Student loans are the second highest debt with mortgages being first. I'm getting more information of students getting BS degrees in good fiels and can't find a job when they get out of College. They then end up defaulting on their loan(s) and end up sleeping in their car. What if that bubble starts to unravel?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-79714655039472442352013-12-24T09:19:56.320-07:002013-12-24T09:19:56.320-07:00Dave , You know the old saying, one step ahead you...Dave , You know the old saying, one step ahead your a smart guy, two steps ahead your nuts. I also have been trading paper for 17 years. There is no possible way to create valuation models in this current environment . These markets as you know have been distorted by floods of money and manipulated government propaganda numbers. Your acquaintance obviously has no clue as to the magnitude of what is coming. I know that having bought bullion and property away from any major metro and prepped my family for survival I'm ahead of the curve(sheeple). As for your acquaintance how prepared is he? I say not so much. Thanks, I will enjoy my Chinese tonight. You have yourself a great holiday and keep fighting the good fight. Peace.Anonymousnoreply@blogger.com