"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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Thanks Dan.
ReplyDeleteWhile GOLD and SILVER are going to be taken down as the US DOLLAR is exalted don't get distracted: Last Chance for "We The People..."
ReplyDeleteHi Dan, I read your articles on a daily basis, and truly appreciate your valuable market insights on gold and silver. I have been reading a spate of articles in regards to the implications of negative gold lease rates as an indicator of future gold prices. Could you please explain your understanding of negative gold lease rates to an average invesor such as myself.
ReplyDeleteThanks again,
Anh
Negative Lease Rates...and ETF manipulation of large Banking cartel demands patience and long term outlook for the bursts that will eventually come....with prayers?
ReplyDeleteGreat Article from Zero Hedge..especially last Paragraph.
Did GLD And Other Gold ETFs Kill Gold Stocks?
Dan,
ReplyDeleteJim Sinclair's recent article citing Martin Armstrong's bearishness asks the question "what is he thinking?"
It seems to me that Martin, although long term bullish metals, is not a permabear and invests with the trends. The weekly trend just turned down. That does not mean an end of the rally, but it seems like those who are always screaming "buy! Buy! BUY!" are being a little disengenuous with their recommendations.
Your thoughts?
-David
"Arguing with the market is a costly debate"
- author unknown
It is going to get even more volatile. BAC,C both down nearly 90% over a 5 year outlook (C did a reverse stock split to make them look better on short term basis). The new "de-leveraging" may pick up pace, and who knows, but eery feeling to 10/2008-3/2009, with Sovereigns new worry. Yes, a manipulated market that not longer is responding to CPR. I guess we live in "interesting times". The Chinese.
ReplyDeleteI believe like many, if no resuscitation by Central Bankers, then lookout, maybe a new low all around. If CPR firmly applied by NWO, Gold Explodes.
remember the helicopter ben quote and quote it was...it was NOT made up by one of us Turdites.....he dispises deflation.....as he should in the fiat world the have created......they, and we, will beg him for it...it is PART OF IT.....it is baked in the cake.
ReplyDeletefaber says at 9400 dow...i second it.