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colonelmustard

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Posts posted by colonelmustard

  1. Hillary Promises To Deliver Regular Press Conferences... On One Condition

     

    That she is president, or as Nancy Pelosi might put it, "you have to elect her, to ask her questions."

    This is not a joke: this is how ABC put it, "Clinton’s lead press secretary, Brian Fallon, vowed that if elected, “Hillary Clinton will hold press conferences.” And here we were worried that if elected, Hillary would serve Clinton Foundation corporation and Middle Eastern donors for (at least) 4 years without speaking to the press at least once (an idea Trump may want to consider).

    Fallon, seemingly unaware of how this statement sounded, added that "The amount of interaction can only go up," noting that the traveling press will soon be flying with Clinton on her new campaign plane.

    “I’m sure that will bring with it a lot of opportunities for additional access to the candidate and interactions between her and the traveling press corps that covers her every day,” Fallon told ABC News’ chief White House correspondent Jonathan Karl, and political director Rick Klein on the podcast.

    He continued: “we are very respectful of the press and the job that they have to do. We have done a lot of interviews, but I know that no matter how many questions we answer in a variety of formats, it is the press’s job to always demand more access. We respect that, and so we’re going to seek further ways to accommodate that in the remaining months of the campaign.”

    So... maybe at least one more press conference before November 8?

    Of course, it's just the press that a "very respectful" Hillary has shut out: as the NYT's Amy Chozick put it, "Hillary hasn't been hiding this summer. She's been answering constant questions... from the ultra wealthy." In other words, if anyone wants to know what Hillary is thinking just ask her. But first make sure you have at least 8 figures in your bank account, and are willing and able to "donate" a substantial portion of it.

     

    http://www.zerohedge.com/news/2016-09-03/hillary-promises-deliver-regular-press-conferences-one-condition

  2. Alex Jones interviews Nigel Farage

     

    " Over the course of the last few decdes all of their plans..piece by piece..to build these new structures. They've won every single battle...After Brexit they're in trouble....

     

    These American elections...this could be a result far bigger than even Brexit. If America leader of the Western world once again becomes leader of the FREE world then I think basically ...we have done away with the globalists "...

     

  3. I would think that most people had made their minds up about that scandal a long time ago

     

    and the fact the FBI more or less cleared her is only going to be positive for her campaign

     

    She should pick up some swing voters in the short term although Donald now has more mud to throw at her which may erode that.....

     

    Short term..positive....Long term ....neutral

     

    My opinion.

  4. http://www.zerohedge.com/news/2015-03-16/what-saudi-arabia-told-bank-england-about-why-oil-crashed-and-where-it-headed-next

     

    What Saudi Arabia Told The Bank Of England About Why Oil Crashed And Where It Is Headed Next

     

    In June 2014, just nine months ago, the oil price stood at around $115 a barrel. It then fell to just over $45 last January. Nobody anticipated this price fall, or the speed at which it fell. And despite an army of experts and analysts who would like you to think otherwise, no one can accurately predict what the future holds. We all have expectations – but the chance of being wrong is the same as being proved correct. One thing is certain: rapid price movements are not healthy for producers or consumers, or the oil industry, or indeed the banks.

  5. It is not easy to catch those Cycle turns, even when you see them coming...

     

    I wonder where you live?

    The problem with the 18 year cycle is... London was never allowed any sort of decent correction in 2008-9,

    because UK rates were quickly brought down to ultra-low levels (driving Sterling down, and getting the foreign buyers in,

    to prop up the market prematurely)

     

    I am in the West Country. I agree it's not easy to catch the turn even though you know it's going to happen. I think rising prices give you a sense of complacency and it's easy to wait too long. Before you know it the tide has turned. I think the correction here in 2008-9 was about 25% and I would say prices have now recovered approx 20% of that. We are light years behind the London boom but often it takes 3 or 4 years for us to feel the ripple of rising prices there.

  6. I saw an interview with Goldman Sachs earlier that said there may be a glut of oil in the US this summer and nowhere left to store it creating a fall in the oil price to $30 but then :

     

    http://www.zerohedge.com/news/2015-03-11/everyone-guessing-when-it-comes-oil-prices

     

    Everyone Is Guessing When It Comes To Oil Prices

     

    Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

  7. This theory is a favourite of mine because it puts into a logical order something which most people inherantly feel but can't explain..that there is a cycle. Not that I trade in property but I am a home owner so I like to know where I stand value wise.

     

    I was in the unfortunate postion of buying my first property in the late Eighties at the top...Not a very good start to the property ladder..Circumstances conspired and I needed a place to live....rental property was not as readily avaiable then as it is now...Consequently I faced 10 years of negative equity before we enjoyed what seemed a brief spell in the noughties when I could have sold and made money before we slumped back again in 2008.

     

    I actually did see the peak in 2007 and placed my property on the market.receiving a very good offer at the time. and contemplating moving to a larger property using alot of leverage that was available back then...I think I felt uneasy about the level of debt required and if I would ever pay it off ..so I decided against it and remained where I was although I still had the feeling I should sell to lock in my gains since I was convinced we were at the peak.....Prices have still not recovered to that 2007 level in my region.

     

    At present property is moving again it seems... and I have noticed a pick up in sales recently of places that were weighing on the market...I get the feeling a backlog of sellers that were waiting to move is starting to clear...although thats just my gut feeling not based on actual figures but what I have seen on the ground.

     

    Looking forward and using the 18 year cycle theory. I have 2020 - 2024 marked as the significant period of growth in property prices and 2022 as the optimum time to sell.So if I were someone trading in property I think I would want to invest around 2018 before the market became aware and sell 4 years later. This assessment would not apply to London since I regard that as a special case. Just my opinion using the theory.

     

     

     

  8. Those interested in real estate, run out now and take the longest possible mortgage at a FIXED rate in the domestic currency of where the property is located and/or you wealth with rates this low. If you use a cross-currency, then you better pay attention to hedging. This is a hedge so if it ever gets that bad, you can just walk away as did the Romans. DO NOT assume real estate is a store of value. That depends on the taxation level of the local government and the location.

     

    http://armstrongeconomics.com/2015/02/26/real-estate-the-business-cycle/

  9. It broke support (252d.MA) yesterday on reasonably high volume - so we should see a fall to the next major support level

    That looks like being around the 1200 level

     

    Well this turned out to be the correct forecast. IBs come out with an across the board bullish forecast, gold spikes to $1640 and then gets absolutely smashed. It's textbook.

    Pump and dump ?

     

    It is a buying opportunity, but I try and pick the lowest price if possible. What's been happening to gold and silver for the last 3 months is unprecedented, so you should proceed with caution. Assuming you believe in higher prices for gold, then it doesn't really matter what point of the dip you buy, but if we do get a deflationary scare before the big money supply push, gold prices may dip. If it does happen, don't let it shake you out of your position, i.e. don't become weak hands.

     

    Having said that, I firmly believe it's now more about the number of ounces you own rather than the price of each unit. If Gerald Celente says it's going down in Q1 2012, I'm inclined to believe him.

     

    Yes,it may be wise to wait and see if a bear market develops further

  10. Gold coin prices track the spot price, but the dealers use the AM fix. My advice is to ring around and play them off against each other, additionally you can haggle if you're buying in volume.

     

    Good luck with timing the bottom!

     

    I see,thanks. It does seem to be testing a key technical level right now but I don't see how anyone can view that as anything other than a buying opportunity given the current economic outlook.

  11. I am getting tempted here. I have 5 figures to invest but I don't want to do it all at once just now. $1500 would be a gift. Anything lower, and I'll definitely buy.

     

    I have never had a position in gold. Frankly I had concentrated my efforts into paying down my mortgage,which I have now paid off and I began saving a lump sum for retirement.Although I've always been aware through this site of gold as an option I had resisted the temptation to buy and watched the price climb from around $600 an oz 3 years ago to the level it is today around $1500.

     

    Recent events have made me increasingly nervous about the safety of fiat and the banks and I have decided to use the recent weakness in the gold price to make my first purchase.So I intend to go and buy physical in London over the counter.I was thinking Bairds and the Britannia 1oz coins.

     

    I was curious about how the gold spot price affects gold bullion coin prices. Do they have an immediate effect on the gold bullion coins like the Brittania?

     

    Any opinions or advice would be appreciated as I want to make sure I get the best deal I can.

     

    http://www.zerohedge.com/news/fed-vs-ecb-presenting-correlation-2012-and-what-it-means-gold

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