Right on schedule, May 1st, Osama Bin Laden is dead and market tanks and hasn't looked back
Silver down 30% being the top performer for over a year 30% is a nice haircut either way, but it healthy long term for silver. Buy near 30 and under if you can get it. Expect 75-80 on the next run up. Reason why silver has dropped so fast is that the Commodities Exchange has placed higher margin limits on traders in the futures market, alot of speculators have been "kicked out" of the silver trade because they do not have enough money to cover their margin (borrowing) accounts. This is also very healthy for silver long term, less speculators the better for sustainable real growth in any asset.
Lil tid bit of info Adolf Hitler was declared dead on May 1st about 65 years ago or so. Nice coincidence.
Obama needs to stay in office I guess for another term, Ron Paul is gaining ground so the powers at be are hanging on by a mere thread, any news is good news for Obama at this point.
All commodities hammered since start of May except for orange juice, go figure.
Remember the quicker and harder they fall the more important they will be on the next major rally. Silver totally led the way down last sunday in Hong Kong. Expect silver to be a huge gainer throughout the remainder of the year after this correction commences.
Who said war was a bad thing, if your a oil company leader or defence contractor you have made millions off of the war, no wonder when they "declared" Bin Laden dead oil has dropped over 15% and the stock market hasn't made a up day since.
Thursday, May 5, 2011
Wednesday, April 13, 2011
Money will be backed by gold in a few years. This has happened in the past, read this to understand and prepare yourself...
Back in the old days you could buy a gallon of gasoline for a quarter. Well nowadays you can buy a gallon of gasoline with a quarter too. You must be thinking I am crazy but its true, that's if you had a silver quarter in your pocket.
In the old days... pre 1968 era our currency was made out of precious metals. Mainly silver in Canada and around the world. After 1968 in Canada the government began to make the currency out of less valuable materials like nickel and copper, now todays coins are made out of steel - even more worthless.
A silver quarter can still buy you a gallon of gasoline today, the exact same as it did back in the old days when we were on a "gold standard". This means our money was actually made and backed by gold and silver precious metals.
Since coming off the gold standard about 50 years ago, the debt's of nations and the people have been piling up and growing at exponential rates.
Debt-to-GDP ratio
Once the link between gold and money was non-existant the banks were able to "print" as much money as they wanted, this has destroyed the value of paper money nowadays. Inflation is stealing any savings that is accumulated over the years. You can see as money becomes less scarce as in the case of "paper" money - debts become uncontrollable and we have problems like we had back in 2008 when the total economy collapses because bubbles are formed in different sectors of the economy. Housing in the case of 2008.
So what does this all mean? If you take a look at the next chart it shows you the price of the S&P 500 in terms of gold. Not in terms of US dollars.
S&P 500 priced in GOLD
As you can see the stock market has been going down for close to 10 years now when you price it in gold. In silver it has went down even further!
In conclusion you have solid proof that the value of your paper dollars is actually losing value everyday because simply there are more of them to go around and they are not backed by anything with value.
The only way to protect yourself is to invest your money in things that appreciate in real terms
In the old days... pre 1968 era our currency was made out of precious metals. Mainly silver in Canada and around the world. After 1968 in Canada the government began to make the currency out of less valuable materials like nickel and copper, now todays coins are made out of steel - even more worthless.
A silver quarter can still buy you a gallon of gasoline today, the exact same as it did back in the old days when we were on a "gold standard". This means our money was actually made and backed by gold and silver precious metals.
Since coming off the gold standard about 50 years ago, the debt's of nations and the people have been piling up and growing at exponential rates.
Debt-to-GDP ratio
Once the link between gold and money was non-existant the banks were able to "print" as much money as they wanted, this has destroyed the value of paper money nowadays. Inflation is stealing any savings that is accumulated over the years. You can see as money becomes less scarce as in the case of "paper" money - debts become uncontrollable and we have problems like we had back in 2008 when the total economy collapses because bubbles are formed in different sectors of the economy. Housing in the case of 2008.
So what does this all mean? If you take a look at the next chart it shows you the price of the S&P 500 in terms of gold. Not in terms of US dollars.
S&P 500 priced in GOLD
As you can see the stock market has been going down for close to 10 years now when you price it in gold. In silver it has went down even further!
In conclusion you have solid proof that the value of your paper dollars is actually losing value everyday because simply there are more of them to go around and they are not backed by anything with value.
The only way to protect yourself is to invest your money in things that appreciate in real terms
Tuesday, March 15, 2011
Posted this back on Feb 10th 2011
http://mrlinvestments.blogspot.com/2011/02/march-madness-and-no-im-not-talking.html
"Knight Capital has released a sovereign roadmap Catalyst Calendar which is a must read for anyone who trades with more than a 15 millisecond eye on the markets. And while everyone is now focused on what is going on with the Chinese tightening regime (with expectations of two-three more liquidity tightening steps over the next several months) with much speculating over just how priced in all this is (not much if one looks as the Bombay Sensex or even the SHCOMP for that matter), the real focal point should once again be on Europe. The reason: March is coming fast, and March will likely be the cruellest month for Europe, and possibly for the stock markets, and serve as the catalyst to introduce QE3 in all its glory"
I believe Japan's market will finally bottom after this aftermath and complete it final bear market low that has been occurring for 11 years this April.
I would be a big buyer of Japan at about 7700 on the Nikkei, which will give it its double bottom pattern. This is about 16% lower on Japan's index from here, or 7% from yesterday's low in the Nikkei.
"Knight Capital has released a sovereign roadmap Catalyst Calendar which is a must read for anyone who trades with more than a 15 millisecond eye on the markets. And while everyone is now focused on what is going on with the Chinese tightening regime (with expectations of two-three more liquidity tightening steps over the next several months) with much speculating over just how priced in all this is (not much if one looks as the Bombay Sensex or even the SHCOMP for that matter), the real focal point should once again be on Europe. The reason: March is coming fast, and March will likely be the cruellest month for Europe, and possibly for the stock markets, and serve as the catalyst to introduce QE3 in all its glory"
I believe Japan's market will finally bottom after this aftermath and complete it final bear market low that has been occurring for 11 years this April.
I would be a big buyer of Japan at about 7700 on the Nikkei, which will give it its double bottom pattern. This is about 16% lower on Japan's index from here, or 7% from yesterday's low in the Nikkei.
Sunday, March 13, 2011
Faber says US dollar to go to ZERO in 10 years
I'd say probably eight or nine years to coincide with the end of the Kondratieff winter wave.
Sunday, March 6, 2011
I've stated in the past....
Just got back from PDAC here in Toronto. Let's just say it was very busy.
Silver has just broken $36 ounce. I started accumulating it after the crash in '08 at $13/oz
I like physical I think its the ultimate storage of wealth and investment at this point, and its insurance in case the dollar falls out of power.
I stated while back that silver should have a blowoff top around $200-$300 per ounce, my estimate is now $300+ for a final top in silver.
I think we could see this around 2015, but it may come sooner than later
Please do the poll on the right side of the website, gracias!
Silver has just broken $36 ounce. I started accumulating it after the crash in '08 at $13/oz
I like physical I think its the ultimate storage of wealth and investment at this point, and its insurance in case the dollar falls out of power.
I stated while back that silver should have a blowoff top around $200-$300 per ounce, my estimate is now $300+ for a final top in silver.
I think we could see this around 2015, but it may come sooner than later
Please do the poll on the right side of the website, gracias!
Wednesday, March 2, 2011
Do not own SLV, buy physical!
http://www.youtube.com/watch?v=sR28o5f9aKE&feature=feedu
Friend on youtube has proven manipulation in the American Silver Exchange Traded Fund (SLV)
Buy Physical folks!
Friend on youtube has proven manipulation in the American Silver Exchange Traded Fund (SLV)
Buy Physical folks!
Tuesday, March 1, 2011
Bernanke caught lying again
Ben Bernanke: Rising gasoline prices don't pose a threat to the US recovery
http://www.telegraph.co.uk/finance/economics/8355830/Ben-Bernanke-Rising-gasoline-prices-dont-pose-a-threat-to-the-US-recovery.html
This guy seriously lives in a fantasy world.
Saudi Arabia stock market plunges 7% yesterday :
http://www.ibtimes.com/articles/117641/20110301/saudi-arabia-shiite-cleric.htm
http://www.telegraph.co.uk/finance/economics/8355830/Ben-Bernanke-Rising-gasoline-prices-dont-pose-a-threat-to-the-US-recovery.html
This guy seriously lives in a fantasy world.
Saudi Arabia stock market plunges 7% yesterday :
http://www.ibtimes.com/articles/117641/20110301/saudi-arabia-shiite-cleric.htm
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