Tuesday, January 31, 2012

End of the Road Documentary Trailer

"Is the financial crisis over, or are we heading towards disaster? End of The Road portrays eleven influential commentators within the finance and investment communities, as they share their knowledge of our current financial structure. Through each of their narratives, a story is built which chronicles the current economic dilemma and paints a picture of the world’s financial future."

My own commentary: My only criticism is that this documentary will feature the comments of Peter Schiff. I don't like his metals selling activities. You should take possesion of your gold and you should NEVER deal with any dealer that holds a so called "SALE" on precious metals. A sale means their mark ups were too high before the sale. No, the purchase of gold should be a proposition that DOES NOT involve sales gimmicks. Aside from that I am looking forward to this:


End of the Road Documentary Trailer from Tim Delmastro on Vimeo.

Why is Greece So Stuck?; Big Social Disorder in the Making

1/31/12
My thought after completing yesterday’s post was to do a more extensive analysis of the European situation. The bottom line, is that you are hearing talk about only a “partial” Greek default instead of what has been a classified a full and hard default that would be “disorderly”, as envisioned by various Euro government... READ MORE HERE: http://www.certifiedassets.com/inv/news/why-is-greece-so-stuck-big-social-disorder-in-the-making/

Friday, January 27, 2012

More Economic Static

The final estimate of 4th quarter Gross Domestic Product portray the economy growing at a slower than expected annual rate of 2.8 percent. The median forecast of 79 economists surveyed by Bloomberg News called for a 3 percent increase. So, of course, the consensus economists were wrong as usual. Now let’s suppose we do a... Please read more at... http://www.certifiedassets.com/inv/news/more-economic-static/

Thursday, January 26, 2012

Wednesday, January 25, 2012

Gaming the Fed; Gold Dip Just a Blip?

Markets are likely to get another dose of reality later in the day once the Federal Reserve announces its latest policy statement. Here’s the outlook from CNBC. I think this paragraph sums....

please read more at: http://www.certifiedassets.com/inv/news/gaming-the-fed-gold-dip-just-a-blip/

Tuesday, January 24, 2012

More Reasons for Gold to Move Higher; Still, No Greece Relief

1/24/12

While the price of gold is down by $10 this morning, there’s more anecdotal evidence that gold has plenty of room to the upside. First, I bring your attention to a report that Iran is going to be receiving gold for its oil from India instead of dollars. The big potential flaw in the plan is that dollar interests, namely the U.S. and its friends and families (eg NATO) are not so keen on anyone who would,,,, please click here to read more: http://www.certifiedassets.com/inv/news/more-reasons-for-gold-to-move-higher-still-no-greece-relief/

Monday, January 23, 2012

To QE or not to QE, That is the Question! Waiting on Greece

1/23/12
First, I wish to bring your attention to this week’s market calendar. It’s packed with all sorts goodies. This relatively calm Monday morning will transition to a much busier week ahead.... please read more at: http://www.certifiedassets.com/inv/news/to-qe-or-not-to-qe-that-is-the-question/

Sunday, January 22, 2012

RIP Joe Pa.

Thanks for the lessons in reputation building and how a reputation can so quickly be flushed down the toilet.  It never pays to look the other way.

Friday, January 20, 2012

Earnings Focus On Wall St; Economic Anecdotes; Gold Upward Momentum After a Brief Break

Earnings season has by a large been enough of a success for Wall Street. Since the start of the flow of reports the S&P has advanced from roughly the 1280 level to its present level of 1314. That equals better than 200 Dow points.,,, please read more here: http://www.certifiedassets.com/inv/news/earnings-focus-on-wall-st/

Wednesday, January 18, 2012

This Won't Have a Happy Ending

Another HUGE story that goes large unnoticed.

(Reuters) — The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills.

“I will be unable to invest fully” the federal employees retirement system fund beginning Tuesday, Treasury Secretary Timothy Geithner said in a letter to Democratic and Republican leaders in Congress.
The House of Representatives is expected to vote on Wednesday on the Obama administration’s request to raise the country’s legal debt limit to $16.394 trillion.

However, unless the lower chamber and the Senate are able to shore up enough votes to block the White House request, the debt limit will be increased by $1.2 trillion next Friday and a repeat of last year’s debt ceiling debacle will be averted.
People. Think MF Global and the 500,000 accounts that were filched. ANYthing can happen with pyschopaths desperate to keep the fiat ponzi going. You think your 401k is always going to be there? Think again.

The IMF is Gold’s Best Friend; U.S Stocks With the Biggest Exposure to Europe; No Inflation? Greece; SOPA

1/18/12
Gold is off the lows of the day at about $1650. Consolidation after a strong Tuesday. Another big bullish argument for gold is the IMF and what it wants to do.

The International Monetary Fund is proposing to raise its lending
capacity by $500 billion to insulate the global economy against any
worsening of Europe’s debt crisis, according to a person familiar....

read more here: http://www.certifiedassets.com/inv/news/the-imf-is-golds-best-friend/

Tuesday, January 17, 2012

The Truth About Going Back to a Gold Standard

It's not as hard as the pyschopath bankers want to you to believe. It would actually be simple... so simpl that it is sickening.

 

Citi Rhymes With… Shhhhaving Cream; European Hopes; Gold Rally’ Crude Up: Carnival Stock Slumps

1/17/12
We knew the biggest of the big banks were broken. Citi has provided another shining example missing both revenue and EPS estimates by Wall Street’s esteemed teams of analysts. Were it not for a loan loss release of $1.5 billion, the reported net income number of $1.2 bln at Citi would have been negative... Please read more at : http://www.certifiedassets.com/inv/news/citi-rhymes-with/

Monday, January 16, 2012

$$ Wall Street Break; Euro Zone Mess; Gold Rising; A Packed Calendar

1/16/12
On Friday, Europe got the downgrades that had been for weeks had been warned of and largely built into the markets pricing mechanism. While there was some closing market turmoil and drama Friday, Major Euro markets like the Dax, FTSE and Cac, are each trading modestly higher with gains of less than 1%. S&P... please read more here: http://www.certifiedassets.com/inv/news/wall-street-break/

Friday, January 13, 2012

The Apple Suppliers

Apple releases list of suppliers, represents 97% of procurement expenditures for materials, manufacturing, assembly in 2011.
• List includes: Broadcom, Advanced Micro, Intel, Sony, Analog Devices, Elpida Memory, Cypresss Semi, Flextronics, Intersil, Fairchild, Hon Hai Precision Industry, LG Dislpay, Marvell, Maxim Integrated, Qualcomm, Panasonic, Samsung, Toshiba, Nvidia, ON Semiconductor, Western Digital, TriQuint, Texas Instruments, STMicroelectronics, Skyworks, Seagate, SanDisk, Renesas

JPM Morgan Misses; European Woes; The Singularity

Friday the 13th
1/13/12
JP Morgan missed revenue estimates and barely met profit expectations. Revenue dropped 17% in the quarter and profit declined 23% from the year ago 4th quarter.
This is supposed to be the “best in breed” bank and its woeful performance is telling a story – other banks are going to be posting some less than stellar results. In fact, these numbers are likely to look good compared to other 4th quarter profit reports that have yet to be revealed.. please remain more here:
  http://www.certifiedassets.com/inv/news/jpm-morgan-misses/

Thursday, January 12, 2012

Hyperinflation is baaack; Weak Retail Data; Sears

1/12/11
Hyperinflation is rearing its ugly head again. There are numerous reports popping up on the twittersphere and the web that the latest round of... read more here: http://www.certifiedassets.com/inv/news/hyperinflation-is-baaack-weak-retail-data-sears/

Wednesday, January 11, 2012

More Rise for Gold; European Gloom; Wall Street Back Peddles a Bit; Silver Buying

1/11/2012
The rally continues on for gold. That’s a good thing for the prudent investor who holds gold as a hedge, as insurance. It’s a bad thing for the vast majority since gold’s move is a reaction to on going bad headlines which this space said would resume in the second week of January once everyone... read more here: http://www.certifiedassets.com/inv/news/more-rise-for-gold-european-gloom-wall-street-back-peddles-a-bit-silver-buying/

Tuesday, January 10, 2012

More Stock Rally Which Bodes Well for Gold Bulls

1/10/12
The paper gold shorts are taking it on the chin today as the metal rallies by nearly 2% to the 1635 level. The picture for gold is looking better as the dollar drifts a bit lower on speculation that there will not be a France credit downgrade for the foreseeable future, but that Italy... please read more here: http://www.certifiedassets.com/inv/news/more-stock-rally-which-bodes-well-for-gold-bulls/

Monday, January 9, 2012

The European Effect; Earnings Parade; 200 Years of Gold to Dow; Negative German Yields and more...

1/9/12
I am back from the FUN Coin Convention in Orlando, where the weather was a bit cool. I’ll have more perspective on the what I encountered at the convention. It was superbly run (as usual) by the FUN coordinators. My long time and good friend Scott Travers gave me the opportunity to make a... Please read more here: http://www.certifiedassets.com/inv/news/the-european-effect-earnings-parade-200-years-of-gold-to-dow-negative-german-yields-and-more/

Sunday, January 8, 2012

What if?

I've been away at the Orlando FUN coin convention and have just returned back to New York. I had the chance to make a few remarks at the Scott Travers and Maurice Rosen conference on Friday. One of the questions I fielded delved into whether the country would be better off with a new president in November, or if Obama should be re-elected.

My response was the election of either a democrat, or a republican would not result in any of the structural changes that are needed to cure what is ailing the nation. I see both parties as a big cabal feeding out of the hands of various interests who don't have the best interests of the American people in mind. We the people are now ignored.

Frankly, (and I told this to the gathering) a replacement of the present occupant of 1600 Pennsylvania Avenue could boost sentiment. But then again, Mickey Mouse, or Donald Duck would fill that bill. ha ha, but that's really a said commentary, isn't it?

In checking out Facebook today, a friend posted this interesting commentary by 'The Judge', one of their freer thinkers in an outside of the mainstream media sort of way.   What if?
 

Wednesday, January 4, 2012

A Wednesday Linkfest

1/4/12

It’s looking like a mixed open for Wall Street. Gold is down about .1%. I am preparing to travel to Florida today for the FUN Coin Convention, so no time for a full post this morning. Instead, a few links and StockTwits retweets (RT): The plot thickens: MF Global sold assets to Goldman before collapse... Please read more here: http://www.certifiedassets.com/inv/news/1412-linkfest/

Have a great day!

Tuesday, January 3, 2012

Let the Nonsense Begin!

1/3/12 Market comment

Already, CNBC on this first trading day of the new year for U.S. markets is clanging the “hopes” bell. Early this morning the first text message out of the CNBC gate: “European stocks open higher; Merkel and Sarkozy to meet next week…” Is anything going to come from those two characters meeting yet again in the ongoing European game of trying to extend and pretend (think: more kicking the can down the road)? The answer is actually ‘YES and NO’ and that will be enough to aid (or fool) the markets in the short term. To what extent and for READ MORE HERE> http://www.certifiedassets.com/inv/news/1521-2/

Monday, January 2, 2012

I was Wrong About Silver in 2011

1/2/12

In March, 2011 I took the pro silver side of a gold/silver debate in CoinAge Magazine on which metal would outperform on a percentage basis in 2011. My positive silver ideas were... Please read more here... http://www.certifiedassets.com/inv/news/i-was-wrong-about-silver-in-2011/