StockMarket-Implosion

Digging Deeper Into Who Controls The World

2012-02-12T12:51:00.010-05:00

Susan Jennings
Activist Post

Dees Illustration

As we delve deeper into world control, more information arises that helps us understand the current global situation. Many people are unaware of the interconnectedness between the largest global companies.

Eighty percent of the world's wealth appears to be earned by a "core" of 1,318 corporations, which in turn are being controlled by only 147 companies. Seventy-five percent of these companies are financial institutions -- and the top companies on the list are the Federal Reserve banks.

The Federal Reserve created 26 to 29 trillion dollars' worth of bailouts for their own companies between 2007 and 2010. This was revealed in their own audit statements, and confirmed by United States Congressmen and prominent financial analysts. (Source) Please note that the Federal Reserve, created in 1913, is a private corporation controlled by international bankers. (Source)

Anytime the ‘Fed’ prints money-Federal Reserve Notes, the American taxpayer is charged interest on the amount printed. Alan Greenspan admitted that “the Federal Reserve is an independent agency . . . there is no other agency of government who can overrule actions we take.”

As they understood the extreme dangers to our life and liberty, our founding fathers were adamantly opposed to a central privately controlled bank.

This global control occurs in multiple ways:

Different companies having the same board members (this also includes members of the same family who may be on different boards).
The ongoing movement between government leaders into private sector executive/board positions or lobbying positions for companies they formerly regulated and visa versa (Tim Geithner - former New York Federal Reserve Bank President becomes Obama administration’s Treasury Secretary).
Stock or bonds held in other companies (Goldman considering keeping majority of Facebook shares in Initial Public Stock Offering).
The division of competing brand names owned by the same company (Proctor and Gamble).
Funding through private foundations for various associations (The American Medical Association since 1910 and National Education Association are heavily funded by the Rockefeller and Carnegie Foundations. Hmmm...helpful when you want to control public health and education).
The ease with which those in power move between the fewer and fewer global companies and political offices.

The majority of radio, television and large Internet companies has become concentrated into the hands of just few companies. Fifty independent companies once comprised the media as of 1983. Now, Time Warner-CNN/TBS/TNT/AOL/Fortune/People; News Corp-Fox/New York Post/Wall Street Journal/MarketWatch.com; Walt Disney-ABC/ESPN/Miramax//Pixar; Bertelsmann-Most EU stations/Random House/National Geographic magazines; Viacom-CBS-Simon & Schuster/Comedy Central/BET/Paramount; and GE-NBC/Telemundo/MSNBC/ decide what is news. (Source)

Such consolidation creates the ability to easily manipulate the masses via television, radio and printed media. This includes global news, political information, science, health and social values -- which we have all seen go down the toilet. The desensitization to dead bodies &, increasing violence, glorification of anti-social behavior, i.e. the ones doing the most lying/cheating/stealing are the winners; the invasive surveillance systems to acclimate the public to a complete loss of privacy, and the lack of unbiased, actual reporting on critical events.

As a result, the NDAA, SOPA and PIPA legislation have all had a positive slant on them in Mainstream Media. The NDAA wipes out the 4th Amendment right to due process; and the latter two proposed laws remove our free access to websites, giving the government the right to take down Internet sites at will. Thus, their interests seem to be solely in maximizing their profits no matter the detrimental effects on the environmental, social and health of all life. All the while maintaining control of the global population through massive manipulation.

These few controlling global companies have financial interests in non-renewable energy industry and pharmaceutical companies. An example being that the latest information on the BP Gulf of Mexico oil spill and the Japanese Fukushima nuclear meltdowns reveal initial disinformation of the actual extent of these catastrophic events. Here in Texas, the ads run by the natural gas drilling companies purporting to ‘protect the water supply’ are a good example of test results being ignored. Especially when tap water, stock tanks, and ground water continue to show contamination of toxic, cancer-causing chemicals used in the fracking process. So where is the FCC’s truth in advertising policy being enforced? Many of the so called ‘news stories’ about new drugs or new types of medical testing or equipment are actually produced by the companies who are selling these drugs, tests and equipment. And they also influence the health profession directly. (This source shows payments made to doctors and health professionals for drug promotions. The amount for Texas is over $59 million dollars.)

Politics has become blatantly corrupted and immoral. So, as long as it suits a Super PAC (Political Action Committee) agenda, there are zero limits as to the validity of their ads for their candidate. The Supreme Court January 21st, 2010 decision on the Citizens United versus the Federal Election Commission, gave corporations, legal entities with no human attributes, the same constitutional free speech rights as humans. (Thirty years ago, this Court ruled that ‘spending money’ is a part of free speech.) This ruling overturned the part of the McCain-Feingold campaign finance reform that prohibited corporate- and union-funded campaign advertising within 90 days of an election.

Montana’s Supreme Court restored their state's 100-year-old ban on direct corporate spending on January 12, 2012. This will force a revisit of this matter back to the Federal Supreme Court. Speaking of elections, did anyone happen to hear that a Barcelona, Spain company Scytl/SOE Software operates as ClarityElections.com and reports election results in over 525 jurisdictions through one access point. (Thank you Mark for the link to Black Box Voting). Unless you consider the Supreme Court appointing a President; replacing computer equipment to modify results; or even a hacker changing votes, as viable, these untraceable ballots are unconstitutional, as we are guaranteed the right to audit election results.

Smoke and mirrors are in constant use to confuse, create fear, and to manipulate the masses. Using fear is the basis for starting conflicts between groups. The ‘us against them’ divide-and-conquer mentality has worked for millennia. Whether it is religious contention (most religions are based in love,) politics (political parties are funded by global interests see Follow the Money or Open Secrets), or science vs. nature (Bill Gates saying that GMO crops will feed the world); it is all about the 147’s global control of people, resources, countries and wealth.

It is up to us. There are many people working diligently to restore our Constitution and Bill of Rights and world freedoms -- people with integrity, including those who took the oath to uphold our Constitution. They are many, and the key is to understand that they are for the people. We must be extremely observant about how the ‘147’ will use the media in their final attempt to retain their devastating reign on America and the world. Again, it is up to us to look fearlessly beyond the mirrors and smoke for the truth. Those restoring the Constitution and our freedoms need our support. We must be courageous and strong as we return America, and the world, to we the people.

Remember, it is our active choices that determine who we are as a people.

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Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind

2012-02-10T10:43:00.008-05:00

The American Dream
Friday, February 10, 2012

When most people think about America’s debt problem, they think of the debt of the federal government. But that is only part of the story. The sad truth is that debt slavery has become a way of life for tens of millions of American families. Over the past several decades, most Americans have willingly allowed themselves to become enslaved to debt. These days, most of us are busy either going into even more debt or paying off the debt that we have accumulated in the past.

When your finances are dominated by debt, it makes it really hard to ever get ahead. Incredibly, 43 percent of all American families spend more than they earn each year. Even while median household income continues to decline (now less than $50,000 a year), median household debt continues to go up. According to the Federal Reserve, median household debt in America has risen to $75,600. Many Americans spend decades caught in the trap of debt slavery. Large numbers of them never even escape at all and die in debt. It can be a lot of fun to spend lots of money and go into lots of debt, but it can be absolutely soul crushing to toil and labor for years paying off those debts while making others wealthy in the process. Hopefully this article will inspire many people to try to escape the chains of debt slavery once and for all.

Because the truth is that the American people need a wake up call. Consumer borrowing rose by another $19.3 billion in December. Right now it is sitting at a grand total of $2.5 trillion according to the Federal Reserve.

Read the full article here.

Wes Moss: Is Ron Paul crazy?

2012-01-23T10:56:00.011-05:00

Does certified financial planner Wes Moss actually ask that question with a straight face?

Rep. Ron Paul (R-TX) wants to get rid of the U.S. Federal Reserve System – an issue that he has made the centerpiece of his campaign for the Republican presidential nomination. Paul, and like-minded libertarians, think the Fed’s constant intervention in our economy leads to disasters like the housing collapse, banks taking on too much risk, and the debasement of the dollar.

No, Ron Paul is not crazy but Wes Moss certainly is an idiot. Anyone who provides professional financial advice for others should know better.

First, a quick explanation of the Fed’s role:

The Fed’s over-arching mission is to maintain full employment and keep inflation at a gradual or moderate pace. Its open market committee controls the money supply and uses that power to manipulate short-term interest rates. If the economy needs a boost, the Fed will lower rates, making cheap money available for investment. If the economy is facing threat of inflation, the Fed can raise rates, putting a brake on economic activity.

First, a quick explanation of the Fed's explanation of the Fed's role:

The Fed's overarching mission is to print money out of thin air. While most of us work for our money the bankers at the Federal Reserve want the power to print theirs for free. Obviously this would not do well in public debate. So the usurers, went off in search of a fig leaf and settled, with a laugh on you, with the full employment and low inflation line. It may convince Wes Moss, but it's just Fed speak to an out of work working stiff.

In case you haven't noticed Wes we are nowhere near full employment, and it is incontrovertible that the Feds money printing scheme can only result in inflation. In 1913 one US dollar was by definition 1/20th an ounce of gold. Today that same ounce sells for $1674.80. Great going boys on both fronts!

You would think anyone with common sense would quit hurting themselves, but Mr. Moss just won't quit.

So maybe the Fed isn’t perfect.

Yea think?

The Federal Reserve and Ben Bernake have publicly and privately stated that there was no housing bubble while Ron Paul has been warning of the housing bubble since 2002. In fact The Federal Reserve missed the signs of a housing bubble right up until it burst.

Running his first meeting as chairman of the central bank, Ben S. Bernanke, in his collegial style, solicited observations about the economy from colleagues. Some of the Fed's staff earlier had talked about the potential risks, but in that meeting and in subsequent ones that year, there was a glaring absence of alarm about the dangers of the housing bubble and what might lie ahead for the broader economy.

Instead, concerns about a housing bust were largely dismissed by most officials, according to meeting transcripts released Thursday.

"We believe that, absent some large, negative shock to perceptions about employment and earned income, the effects of the expected cooling in housing prices are going to be modest," said Timothy F. Geithner, the current Treasury secretary, who then was president of the Federal Reserve Bank of New York.

When Geithner was finished, Bernanke asked, to a round of laughter, "Anything to report on co-op prices in Manhattan?"

Imperfect! It's impossible to imagine it being any worse.

But this guy just won't quit.

Should we eliminate it? Not before considering the possible downsides. Without the Federal Reserve we could see:

1. Haywire interest rates: Who would control interest rates in a Fed-less world? An unfettered free market? A cabal of Wall Street bankers? Congress? You can see the problems with these scenarios.

2. More bank failures: The Fed serves as a last-resort lender for struggling financial institutions. Without it, we’d almost certainly see more bank failures, from Main Street to Wall Street.

3. Less lending: Without the support of the Fed and other safeguards, banks would be far more conservative in their lending. Fewer people would qualify for mortgages, fewer businesses would be funded, and the economy would look very different.

Mr. Moss should really feel embarrassed.

There are no downsides. Without the federal reserve we would see:

1.Stable interest rates: The free market would take care of the interest rates perfectly and for free. How? Glad you asked. When banks are flush with money from any source such as deposits they will then compete to lend the money to return a profit. It is that constant competition that will bring the lowest stable interest rates. Those banks who are able to profit by bringing their interest rates down to the market will prosper, the ones who can't will disappear for the good of us all. Do you see the difference yet Wes? Then when the banks get low on reserves they will be forced to raise interest rates decreasing demand. Follow along Wes. The Fed wants to abolish free market and have monopolistic control over interest rates for the entire nation.

2. More bank failures: There should be more bank failures. It is absolutely essential that there be more bank failures. The likes of Goldman Sachs J.P. Morgan, Citigroup, Bank of America, and others should have been allowed to fail, when they upchucked on their subprime garbage in 2007.

One could properly ask if Mr. Moss is crazy. If he is not would someone please try to explain to him that, the free market punishes the bad banks by allowing them to fail. Thus the good banks are rewarded with market share. Mr. Moss suggests we prop up the bad banks instead and deny that market share to the banks that are well run as well is punishing innocent taxpayer for what is now over $7.7 trillion.

3. Less lending: The credit crisis is a direct result of too much lending Mr. Moss. If fewer people would have qualified for mortgages there would be fewer foreclosures now. Fewer unworthy consumers and businesses would have been funded and things would look very different now indeed.

Are Americans willing to work without the safety net the Fed provides…

He still doesn't get it the Fed doesn't provide a safety net. The Fed is the only danger. The safety net is to remove the issuance power of money from the usurers and return it to the people to whom it properly belongs.

Currently there are two classes of people. Those who work for money and those who print it from thin air. The latter group is always a slave to the former. Ron Paul wants to do away with the former. So, Is Ron Paul Crazy… or the only sensible one at the table? Gee Wes that's a hard one, let me think about it.

Jon Stewart Rips Apart CNBC for Eight Minutes

2012-01-17T08:43:00.000-05:00

The Daily Show
Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook

Market Watch:BVSN

2012-01-16T09:18:00.002-05:00

I just got this e-mail from the National Inflation Association or NIA.

NIA wanted to give a very important update on its latest stock suggestion BroadVision Inc. (BVSN). Even though so many NIA members are making a fortune and becoming wealthy off of BVSN, NIA believes these gains so far are very small compared to the gains we expect BVSN to make between now and after Facebook has its IPO later this year.

The national inflation Association is a group that I like. The say a lot of the same things that I and other bloggers say. In particular I think that when it comes to hyperinflation they are right on the mark. According to their webpage they bought BroadVision at eight dollars on December 12, 2011. Now take a look at the chart above. You can see that it closed on Friday at $17.57. That is a parabolic move which is unlikely to continue unabated. I don't know what will happen in the future, but I can say this that stocks do not go up that way for a very long before they have a sizable correction. I have know idea why NIA is recommending to their readers that they hold. They should be selling at least 60% of their position. If you are holding big profits in BroadVision, then you should move your stop up to at least $15.50.

Again I'm no fortune teller, but I have seen a lot of stock charts and the ones that look like that all end up the same way.

The Chain of Obedience

2011-12-01T12:52:00.001-05:00

Newt Gingrich: Serial Hypocrisy

2011-11-30T18:30:00.001-05:00

Fed Bailout of Big Banks Dwarfs TARP

2011-11-29T04:46:00.001-05:00

Final Fu#k

2011-11-09T15:33:00.006-05:00

So Silvio Berlusconi is finally getting shit caned, the only positive result of the credit crisis. But before he lets the door hit his ass on his way out, the man who has screwed Italy so hard for so long, can't resist dry fucking his country one last time. When Silvio Berlusconi says arrivederci and moves into one of his mansions with all his whores, he does it leaving Italy holding onto one big stinking stronzo, austerity.

Mr. Berlusconi has pledged to resign after the Italian Parliament passes the financial reforms that European officials have been demanding for months. The process can take up to two weeks, but President Giorgio Napolitano said that would be accelerated to days, allowing him to quickly begin talks on forming a new government or calling new elections.

If that's what it takes to get rid of the worst thing to happen to Italy since Mussolini, then who can complain. But after the old order is replaced by the new old order, Nouriel Roubini says don't expect anything to change.

Here are the latest tweets on the situation of the American Italian.

* * * replace Berlusconi with his lackeys first is unacceptable: Italy needs a government authority headed by a respected and credible leaders Angelino Alfano is not worthy to take the first Minister: is a lawyer with no knowledge of economics, whose work, as Minister of Justice, was only to create laws to prevent Berlusconi to stand trial * * * Alfano is the number one lackey Berlusconi: his only task was to put the prime minister away from legal problems, and now they want to promote it at Palazzo Chigi to continue to perform this function. * * * The "Leopard" Alfano attended a few years ago at the wedding of the daughter of a Sicilian boss, Cross Naples, and all have seen the meeting between Alfano and the same affectionate Napoli * * * It is not just a matter of rumors and speculation: everyone can see a video showing Angelino Alfano in 1996 participate in the wedding of the daughter of Mafia boss Naples

Trade Update: GS

2011-11-06T12:42:00.003-05:00

We entered long into Goldman Sachs GS at $106.57 with a stop at $104.75. On Friday we were stopped out for a $150 loss.

11-03-2011:
Buy 100 shares of GS at $106.54
Stop @ at $104.75

Trade Update: GS

2011-11-04T03:02:00.003-04:00

We entered long into Goldman Sachs GS at $106.57 with a stop at $104.75. There is nothing magical about that number, I simply didn't want to risk more than a $150 loss on this trade.

Trading for the day was volatile, the shares gapped up to $108.71 and then instantly crashed all the way down to $102.09. From there the shares recovered to close at $107.68 nominating for $102 temporary support. I think the longer term trend line is defined by the 52-week low at $84.27 and today’s low of $102.09 cents. As long as Goldman stacks stays above that line it will be going in the right direction for our trade.

Live Trade: GS

2011-11-03T13:39:00.001-04:00

Buy 100 shares of Goldman Sachs GS at $106.54 with a stop at $104.75

EU: Treaty of debt (ESM) - stop it now!

2011-10-30T10:05:00.002-04:00

Hope we never get involved in this.

Ron Paul is running in the Republican primary

2011-10-20T08:32:00.003-04:00

Anyone who believes that Ron Paul can't win against Barack Obama in should have a look at this.

Primary Obama Now has been created to promote a primary challenge to Obama based on his numerous failures and betrayals, to either reform him or dump him - let the people decide.

When you go to the homepage you'll see a list of candidates such as Mary Kaptur and Dennis Kucinich. But the top post there belies who the wannabe voters truly want.

It appears that Ron Paul appeals to a wide variety of Democratic voters, so much so that the party felt it necessary to remind voters that voting for him at this point is only wishful thinking.

Live Trade: PSLV

2011-10-10T14:09:00.002-04:00

After the most recent carnage suffered by silver you can see that PSLV is basing between $13 and $16. notice that tight little triangle that formed in the past 10 trading days or so. When stocks break from a triangle pattern they usually have a nice pop to them. I don't usually guess, but since silver has declined so dramatically recently I think the resistance is down. So, take a full position of P SLV at $15.11. I'll post the stop later.

Universal Serfdom with G. Edward Griffin

2011-10-09T07:46:00.003-04:00

G. Edward Griffin Stops by to give his take on the occupy wall street protest, and offers up some interesting insight into who is really trying to hijack this event. Mr. Griffin also gives his take on alex's occupy the federal reserve in Dallas this coming friday, and offers some real solutions to the banker takeover of america since 1913.

Trade Update: SKF

2011-10-06T21:04:00.006-04:00

There's the 26-week chart of SKF. Notice how resistance at $67.50 was broken in August and since then all of the trading has taken place above $70. So, the range between approximately $67 and $70 is support.

Another thing to do watch is the 50 day moving average which as you can see has acted as a very nice support right up until last night close at $77.88. If $77.88 is broken with any strength tomorrow then the index will probably go all the way back down to the $70 range. Remember that October is exceptionally bullish so the risk is up for the market or down for SKF. Beyond that they only thing you can say is that SKF is range bound between $70 and $95.

There are fundamental considerations too. It's very likely that Bank of America will be getting another bailout. Four years ago banks rallied when they got bailed out, but I think bailout fatigue is setting in now. In other words bailouts are no longer sexy. So, if you are underwater on SKF there see no reason to sell at a loss. Unlike a house the market will crash again and SKF will recover. Remember long-term support on the DOW is about 6000. I say 6000, some people say 3000. Just try to imagine what SKF will be like then.

Free Market Is Most Humane

2011-10-06T03:45:00.002-04:00

Great speech by Ron Paul covering all topics, from the economy to civil liberties.

Sink Bank of America

2011-10-04T02:27:00.006-04:00

Fish that swim in huge schools usually follow a leader. The whole school turns one fish at a time with the lead fish turning first, and each fish turning after the one in front of it. A necessary lag time ensues. But in the unusual instance that each individual fish turns in the same direction of its own accord then the entire school seems to move as one unit acquiring a seeming life of its own.

Adam Smith made note of the very phenomenon when he wrote "The Wealth of Nations" first published fittingly in 1776.

By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." (Book 4, Chapter 2)

Remembering that bankers fear of competition is exceeded only by their fear of a bank run, customers should swim for themselves instead of engaging in the banker co-opted and utterly futile Occupy Wall Street movement, as the recent electronic run on Bank of America shows clearly for all eyes to see it.

Bank of America's website, plagued by problems Friday and Saturday but supposedly fixed on Sunday, wasn't working again Monday.

Many users trying to access bankofamerica.com get a message saying the home page is temporarily unavailable. But spokeswoman Tara Burke said customers who experience slowness or can't get into their accounts should keep trying.

Burke said the access problems are a result of the bank managing traffic volume during peak use.

Burke is a liar. The problems arise as a result of an overwhelming number of fed up customers changing direction all at once. Sick and fed up with outrageous fees, false foreclosures, robo judges and juries, and all other manners of usury. Their next change of direction individually and ensemble should be to withdraw their money from Bank of America.

If you bank with Bank of America take as much of your money out as you can. Not as a measure of protest but as a measure of protection. Simply put it is not safe there. It's insecurity will not be revealed until the run starts, by which time it will be too late for you to save it. Better yet the very act of each person protecting himself from a run on the bank will precipitate a run on the bank.

Market Watch:SPX

2011-10-03T17:58:00.002-04:00

Well there it is below 11,100. This is a big decision point for the market. You can see how it has traded in a wide range between 1110 and 1230. At 1099.21 is resting at the lower end of critical support, if it breaks through here 800 could be next.

This could be another fantastic shortselling opportunity. But not so fast remember that the printing press and the plunger protection team still stand in the way. Also October is known for its turnarounds.

Why is there so much volatility in October? The answer is simple. On Wall Street, the money managers, the hedge fund managers and mutual fund managers, make their Christmas bonus for the year based on their performance in the last quarter of the prior year. So, see what I mean? This could be just another giant fake out to scare all the weak hands into selling so that the big money can buy on the dip.

We won't guess, we will just watch 1,110. If the market breaks significantly down tomorrow then we will step into short positions. Otherwise we will go long and watch market trade back up into the range just below 1230.

My Sentiments Exactly

2011-09-28T00:15:00.002-04:00

Well it looks like I'm not alone, beware hyperflation. The reason this guy is believable is because he doesn't care.

The only thing I don't like is that he didn't say short the market or buy gold and silver which is really cheap thanks to latest manipulation. So, let me put it this way, when the SPX breaks below 1100, short it till it hurts. It will be a lot more profitable than bonds. SKF will be a big winner too.

He may seem sociopathic, but anyone who doesn't head all these warnings deserves what they get.

Live Trade: HL

2011-09-27T10:22:00.003-04:00

You can see a perfect set up there on Hecla Mining HL. The shares are recovering from this the crash that all the mining stocks experience with the stochastic's perfectly positioned at the bottom and turning up. Right now we can take a full position 100 shares at $6.06 and put the stop at the 52-week low of $5.50 to ensure a maximum loss of $56.

Buy 100 shares of HL@$6.06
Stop at $5.50

Ron Paul - Jon Stewart Interview 9/26/2011

2011-09-27T09:55:00.001-04:00

Chetco Federal Credit Union, Harbor, Oregon

2011-09-27T09:23:00.002-04:00

Chetco Federal Credit Union, Harbor, Oregon, into was placed into Conservatorship by the National Credit Union Administration (NUCA).

Federal regulators have taken over the Chetco Federal Credit Union in the town of Harbor, on the Southwest Oregon Coast.

The National Credit Union Administration kept Chetco open and installed new management. The agency offered few details as to why it put the credit union into conservatorship on Friday, saying in a press release that new management’s mission will be “correcting previous service and operational weaknesses.”

Chetco is the second Oregon credit union to be taken over by the NCUA in the last four months. In June, regulators put O.U.R. Federal Credit Union in Eugene into conservatorship.

Chetco has $333 million in assets. It lost $212,215 in the quarter ended in June, its fourth money-losing quarter in the last five. The credit union’s provision for loan losses soared more than 200 percent, to $17.9 million at the end of 2010.

Chetco has eight branches and more than 32,000 members in Curry and Coos County in Oregon and Del Norte County in California.

For more information please visit the National Credit Union Administration (NCUA) web site for Chetco Federal Credit Union.

Trade Update: GLD

2011-09-25T23:50:00.002-04:00

There's the 52-week chart of GLD but all of the action takes place in the past two months above $160. You can see the massive double top and then the fall from grace all the way back to the 100 day moving average at right $160.

Massive, rounded, double tops like that can take years to break. I think that this is all manipulation and they are running out of steam. There was another change in the margin requirements that takes effect tomorrow.

The CME Group is raising the margins needed to trade Comex gold and silver futures are being increased by 21.5% and 15.6%, respectively, and the change will take effect after the close of business on Monday, the exchange said late Friday in a press release.

Keep in mind that the margin requirements will have no effect on long since they've been wiped out. But the margins are what allows traders to sell gold that they don't have and drive the price down. They did the same thing back in May. The more of these margin requirements get rained out of the system better the whole thing will be. With the Fed burning up the printing presses it won't be long until gold recovers from here.

Trade Update: SLV

2011-09-24T23:22:00.000-04:00

Well there it is read em and weep. The takedown of silver last week could not have been any more ruthless if it was done with a straight razor in an ally. We went long on SLV at $40 share and I decided then not to put in stops. That was back in August 19 and I did not want to get whipsawed in the range of support between $38 and $40.

Not that the stops would have done much good any way. Just take a look at those gaps. A quick glance at the 10 day chart in the fifteen minute time frame below will help clear things up.

You can see the breakdown beneath $38. There was a two dollar gap on Thursday followed by another two dollar gap on Friday morning. By the time you would've had a chance to sell most of the selling was probably done.

So, I guess the question is was that indeed a washout. To get a clue go back to the 52-week chart up top and take a look at the volume. Notice that the volume was over 300 million shares during the collapse in May and last week's volume was barely a third of that. I think that most of the selling is done but we will see SLV retreat all the way to $25 first. On the other hand I think that once all of that selling is done the recovery from there will be swift.

Now there is the spot market and there is the real world market. And the spot market is becoming further and further disconnected from the real market as I have been saying for a long time. But now comes evidence from Ted Anderson who says he cannot find physical silver at $30 an ounce. That's because people in the real world are still trying to collect the physical metal as opposed to the options traders on the Comex.

If you want to add to SLV here I don't think it would be a bad idea. Just so long as you're able to withstand the decline to $25 if it comes. On the other hand you could open up new positions in PSLV which we will talk about at another post.

Keiser Report, Bill Still on The Non Gold Standard

2011-09-21T11:50:00.003-04:00

Guest Bill Still talks about the crooked Federal Reserve, the lack of auditing of the US gold reserves (most likely because the US has no gold left), and the collapsing Fiat currencies, and governments manipulating the markets with their banker friends to defraud savers and pension funds

Aaron Krowne with Max Keiser

2011-09-18T14:22:00.000-04:00

This week Max Keiser and co-host, Stacy Herbert, report on massive defaults and flaming banks in America where income inequality is forcing manufacturers to change their product lines. In the second half of the show Max talks to Aaron Krowne of ML-Implode.com about mortgage lending fraud and government complicity.

Peter Schiff on the Obama Jobs Bill

2011-09-15T13:49:00.001-04:00

One of the riskiest things that you can do in America is hire somebody, I was fined because I hired too many people - Peter Schiff

Hitler gets a margin call

2011-09-10T16:46:00.000-04:00

Ron Paul Wins Debate by a Mere 2 to 1 Margin

2011-09-08T10:50:00.001-04:00

Nothing strange going on here.

The poll results shown on MSNBC.com are depicted with a horizontal bar for each candidate. The bar lengths are proportional for all other candidates except for Ron Paul, whose bar has been shortened by nearly half in order to falsely depict Ron Paul as being just “barely ahead” of Mitt Romney.

Live Trade: GLD

2011-09-02T14:11:00.001-04:00

buy 50 shares of GLD now at $182.52

Trade Update: GS

2011-09-02T09:22:00.002-04:00

We got the rally as predicted at $109.62. I wish I would have just stayed with the 50 shares that we bought then. But I added another 50 shares at $115.60. That brought our cost basis up to $112.34, which is where we were stopped out at.

So, instead of having a nice again we ended up with a breakeven trade. We are out of the market and looking for direction Goldman Sachs.

08-29-2011:
Buy 50 shares of GS at $115.06
Stop @ at $112.34

08-24-2011:
Buy 50 shares of GS at $109.62
Stop @ at $112.34

Trade Update: GS

2011-09-01T15:46:00.001-04:00

We were stopped out of Goldman Sachs today at $112.34 for a breakeven trade.

08-29-2011:
Buy 50 shares of GS at $115.06
Stop @ at $112.34

08-24-2011:
Buy 50 shares of GS at $109.62
Stop @ at $112.34

Peter Schiff: 'QE2 is the reason for recession'

2011-09-01T11:51:00.001-04:00

Trade Update: JPM

2011-09-01T09:47:00.004-04:00

dump jp morgan here @ $37.37

08-24-2011:
Buy 100 JPM @ $36.16
Sell @ $37.77

Trade Update: GLD

2011-08-31T07:25:00.005-04:00

There's the 52-week chart of GLD, but just pay attention to the last month. There was a 26 point breakaway from $160 during the month of August. Notice how high above it all it seems. Like on a cloud above $160. I.e. overextended. From the high of $184.82 it tried to sell off, but found support at the $165 area. All of that action under volume which dwarfs the normal monthly volume for GLD. You have to see the volume at the bottom of the chart to give justice to what I'm saying. So, what will happen next? To answer that question let's take a look at what is happening now, namely that a triangle is forming between $165 and $185.

To see what I'm talking about draw a straight line on the chart from $165, which occurred four trading days ago to last night's close at $179.10. Then draw the line from the 52-week high of $184.82 to last night's close. Now think about all of that radical action taking place, under enormous volume between those two lines. It can't take place between those two lines forever. In fact judging by the tightness of the triangle formed so far it will likely break soon.

So, which ever way it breaks up above the downtrend line or down below the up trend line doesn't matter, that is probably the future direction of GLD.

Maybe you can see it better on the 10 day chart in the fifteen minute time period. Normally I wait for the triangle pattern to break before taking a position. I prefer to lose some profits in the initial gap in return for the increase certainty. But as I am biased to the upside on GLD we took half a position at $178.62. We will probably just hold it no matter what happens, and add to it the triangle resolves itself to the upside as anticipated.

08-30-2011:
Buy 50 shares of GLD at $178.62
Stop @ at **

Live Trade: GLD

2011-08-30T15:22:00.001-04:00

take 50 shares of GLD at $178.62.

Live Trade: GLD

2011-08-30T09:49:00.003-04:00

Predictably GLD gapped up three dollars or more today. Right now I am hoping for a pullback to go in and pick up a full position.

you can see the live chart here.

RU NUTS 3500 on the DOW ??

2011-08-30T08:17:00.002-04:00

Trade Update: GS

2011-08-30T05:48:00.005-04:00

Goldman Sachs GS jumped up at the open yesterday. I kept waiting for a pullback, but we never got one. So, I had to go in and buy at $115.06 putting our cost basis at $112.34.

I almost never trade during the first fifteen minutes of the market open because it's more often than not only a head fake. Just look at the action on Thursday of last week when the shares jumped up eight dollars at the open and fell back $10 before the close. Yesterday however the market did not cooperate and Goldman Sachs went all the way up to $116 and stayed there.

Now look at the daily chart. Notice the small uptrend line that's beginning from the low of $103.16. That will become a force to be reckoned with if and when it breaks $120. I think our chances of getting their are pretty good. The stochastic is in mid range and red line is separating from the blue line.

About the only thing we can do now is move our stop up to $112.34 to lock in a breakeven trade.

08-29-2011:
Buy 50 shares of GS at $115.06
Stop @ at $112.34

08-24-2011:
Buy 50 shares of GS at $109.62
Stop @ at $112.34

Trade Update: SLV

2011-08-29T20:30:00.005-04:00

Well there's the daily chart for SLV for the last six months. Take a look at the peak in August of $42.63 and the all-time high of $48.35. What we are waiting for is that down trend line to be broken to the upside, hopefully. Next focus in on the last four trading days which have been under $40.50 a share. You can see two touches of the 40 day moving average there. You can extend that line back and hit almost perfectly the low point in July at about $32. That up trendline is wedging prices up against $40. Just stare at the chart and try to see triangle formed by those two lines going all the way back to May.

There you can get a look at the tip of the triangle in the 15 min. chart. You can see the double top just underneath $43 and the double bottom at $38. When viewed in the fifteen minute time frame that small triangle looks fairly significant.

So, a triangle is formed by two trend lines one ascending and the other descending. The prices are trapped between two trend lines which are going in opposite directions. It is a situation which obviously cannot continue forever. It looks to me as though our triangle is ready to break soon, maybe tomorrow.

Right now we are long SLV a full position with no stop. The reason is because I believe that the path of least resistance in both the long and short term is up. I believe tomorrow we will find out if I'm right.

Live Trade: GS

2011-08-29T12:23:00.002-04:00

pick up 50 shares of goldman sachs at $115.06, with a stop just under the low of the day.

Buy 50 shares at $115.06

Stop at $112.30

Trade Update: GS

2011-08-28T13:37:00.003-04:00

Wow! That's not illegal, but it should be. Look at what the specialist did to Goldman Sachs on Thursday morning. He gapped the shares up eight dollars at the open and then just let them fall back. Why not, he'd already gotten his and gotten out.

I'll be honest with you the only thing that kept me from getting out was just that Ameritrade isn't fast enough to catch that, but you should understand what you're looking at. Whenever you see a gap like that it means that the specialist just went out and bought himself a bunch shares the night before. Then on the following morning, turned the dial and sold them at the open. If you ever wonder why there's so much volatility in so many the open, there's your answer.

Not that there's anything you can do about it. The specialist owns of the book. That means he can see every open position and every stop and he has control of the price of the stock. He can bring the price down to stop you out and then with the shares he just bought from you run the price right back up again. No one can see because it's illegal to look at his books, but it doesn't matter. Even if he showed you the book, it's legal for him to do that. His criminality is only constrained by the degree to which it goes unnoticed by investors.

After the gap up at the open, the shares dropped a whopping $10 all the way down to $108. From there they recovered to $110 and closed that day back down at around $108. The next morning you can see they tested the $108 level again before closing at $112 for the week. So, we have put in a double bottom at least in the fifteen minute chart.

Now look at the six month chart in the daily time frame. Look at the support at $110 in early August, and then the failure at the same level later in the month. With the shares resting at $111.75 I am not so confident to say that Goldman Sachs has broken resistance, but I think the chart shows that it is important for the stock to stay above $110. Also the stochastic is in good shape with the red line separating from the blue line.

Right now we are long 50 shares at $109.62. So, our maximum risk is $168.50. Let's see what happens after the open tomorrow, if there is an open tomorrow and then think about putting more shares on and/or moving our stop up.

08-24-2011:
Buy 50 shares of GS at $109.62
Stop @ at $106.25

On the Edge Alex Jones with Max Keiser

2011-08-28T08:47:00.001-04:00

Trade Update: JPM

2011-08-27T12:15:00.005-04:00

It looks like J.P. Morgan JPM bottomed out at $34.82. On the daily chart you can see a rather sloppy double bottom forming at around $34. It's impossible to call it to the penny, but there does seem to be a range of support between $34 and $36. It is on that basis that we went long JP Morgan at $36.16 with a $1.50 stop. Technically I should give it more room to move. Namely it would be more correct to put the stop below the 52-week low at $34.82, but I don't have nearly that much patience JP Morgan on the long side anyway.

There on the five-day chart you can see some support at $35. So, I think our stop just $0.44 below is close enough. Let's just keep it tight.

08-24-2011:

Buy 100 JPM @ $36.16

Stop @ $34.66

The Rope By Which to Hang Him

2011-08-27T11:57:00.006-04:00

Vladimir Lenin said, "A capitalist will sell you the rope to hang him with." Well last week the COMEX just sold a long piece of the rope, to hang some bankers by."

Acting on behalf of its globalist masters, the commercial banks and central banks, the COMEX radically raised it's margin requirements for silver in May.

The rapid series of five margin increases by the COMEX resulted in raising initial margin requirements for speculators from $11,745 to $21,600 - an increase of 84%. The margin requirements for hedgers also increased by 84% from $8,700 to $16,000. Silver futures traders would now be forced to come up with huge amounts of additional cash or liquidate holdings on price weakness. The collapse in silver prices on Thursday May 5th, triggered by the COMEX margin increases, indicates that many players were forced to liquidate positions.

This past week it followed suit with gold.

Exchange operator CME Group Inc. (CME) raised collateral requirements for trading gold futures for the second time this month Wednesday as gold prices climb to fresh records.
CME said gold margins will be raised 27% effective close of trading Thursday, in an email announcement after trading closed Wednesday.

Predictably the leveraged longs were forced to sell in both cases, stopping the ascent of each metal dead in its tracks as desired. But only temporarily.

Silver collapsed by 35% in May, but now is to within 17% of its all-time high. Gold crashed by 20% in just two days, but recovered to within 4% of its all-time high in the same time. Their increasing efforts are achieving decreasing results. The noose is tightening.

But leverage is a sword which cuts both ways. For J.P. Morgan, naked shortselling was the only device by which it had a prayer to whittle away at the 3.3 million ounce silver short position regurgitated up from the rot of Bear Stearns. And while forcing the longs to liquidate was an immediate short-term convenience it was a total non-fix which leaves JP Morgan, still laden with it's short and empty-handed against the next gold and silver surge.

And the next surge will be different form all those which came before.

This time as the gold and silver markets recover they do so without the overhead of possible sellers all the way up to the historic highs, making those highs more attainable and faster. Once the old highs are broken, the would be short-sellers will be left standing naked in the wake of the consequences of the brazen manipulation of their own doing. They will be defenseless in the face of a collapsing currency and the onset of the run on gold began last week by Hugo Chavez.

As the melt up of the precious metals turns into a runaway disaster, the noose can only get tighter faster until with one last final twitch it snaps, leaving the bankers dangling from the short end of their own twisted rope.

Live Trade: JPM

2011-08-26T12:03:00.001-04:00

take 100 shares of J.P. Morgan JPM at $36.16, with a $1.50 stop.

Trade Update: IAU

2011-08-26T10:11:00.003-04:00

We were stopped out of our short position on IAU last night at $16.95, for a gain of $138. It was a good thing that we did because today the shares gapped up and are already trading at $17.40.

Let's see which way the wind blows before getting back in.

08-23-2011:
Short full IAU at $18.33
Stop at $16.95

Paulson Down 38.7% After Rough Third Week Of August

2011-08-26T03:26:00.005-04:00

Well we got caught in consecutive gap up when we were short GLD and lost $700. That is the biggest loss on this blog. But I don't think anything like this is happening! Maybe Paulson should start reading.

With every passing day, Paulson & Co.'s August—and its 2011—is looking bleaker and bleaker.

The New York-based hedge fund giant's largest offering, Advantage Plus, extended its losses last week to 38.7% on the year. The fund had been down 34% through two weeks of the month and is now down 21.7% on the month through Friday, The Wall Street Journal reports.

Worse still for Paulson, one of its relative bright spots on the year, its merger arbitrage fund, took a big hit last week. Paulson Partners was down just 3% through the middle of August; it's now down 11.8% on the year, plummeting 14.4% in August.

This week isn't looking any kinder to Paulson, either: The firm's gold holdings, which have performed strikingly well this year, may have suffered amidst the week's gold selloff

Don't worry about poor Paul, you can be sure that only his clients are losing money.

Trade Update: IAU

2011-08-25T10:14:00.000-04:00

move the stop down to $16.95.

Short full IAU at $18.33
Stop at $16.95

Keiser Report guest Catherine Austin Fitts on market frauds

2011-08-25T10:00:00.003-04:00

Keiser Report guest Catherine Austin Fitts on various frauds that are being performed by the financial markets, bankers, and politicians, to cover up their crime of the biggest fraud and defrauding of taxpayers planet Earth has ever seen.

Trade Update: IAU

2011-08-24T21:04:00.007-04:00

Well I knew that gold had the fall back soon. We went short on IAU at $18.33 and today it closed at $17.21. I think that is most of the move.

You can see in the daily chart that it came right down to within pennies of support at $17 a share, which also happens to be where the 20 day moving average is. The stochastic still has plenty of room to the downside but I don't think we'll get much force from that. In fact I almost covered just before the market close, but I opted not to.

If you take a look at the intraday chart below, you can see that most of the move happened in the first few seconds of trading. You could not have caught it, you had to have already been short from the day before. Check out that surge of volume just at the open. That could be washout volume.

I don't know if it is or not, all we can do now is move our stop down to $17.55.

Short 100 shares of IAU at $18.33
Stop at $17.55

Live Trade: GS

2011-08-24T10:14:00.002-04:00

Take a half position or 50 shares of Goldman Sachs GS, at $109.62. Put a stop just below the daily low. that is that the stop at $106.25.

by 50 shares of GS at $109.62

sell 50 shares of GS at $106.25

Trade Update: IAU

2011-08-24T07:19:00.003-04:00

There is the chart of the IAU. It looks exactly like the chart for GLD, only the scale has changed. Yesterday we went short the hundred shares of IAU at $18.33. Last night it closed at $17.81, but I think it has a lot farther to go. The stochastic has finally begun to turn down from the overbought range. It could go all the way down to $16. More importantly though is that it will probably be quick, so we will have to be on our toes. Right now were just in a move the stop down to the 52-week high of $18.53.

Short 100 shares of IAU at $18.33
Stop at $18.93

Trade Update: GLD

2011-08-24T07:01:00.002-04:00

We were only long 25 shares of GLD. So, we lost $125.

I think that the correction in gold has finally started. I think that the ride will be fast and furious and could go all the way down to $160. we will try to get on board.

08-19-2011:
Buy 1/4 GLD $184.08
Stop 179.08

Trade Update: SKF

2011-08-24T06:45:00.003-04:00

Yesterday I moved our stop in SKF up to $84.40 and we were stopped out there shortly after.

I put a three-year chart of SKF. When I bought the hundred shares I thought that the DOW would go to 6000, I still do. But obviously it's not going there in a straight line. I think we'll have plenty of opportunity to profit on the long side of SKF as the market continues its torturous trek down to the bottom. But right now I think a decent rally is taking hold.

So, we are out with a $1550 profit.

04-20-2009:
Buy SKF 100 @ $68.90
Stop @ $84.40

Live Trade: IAU

2011-08-23T10:13:00.001-04:00

Short 100 shares of IAU at $18.33

Stop at $18.93

Live Trade: SKF

2011-08-23T09:39:00.001-04:00

move the stop up to $84.40

Market Watch:IYF

2011-08-23T09:16:00.002-04:00

The financial index IYF is at the decision point. Pennies away from the decision point that could lead to a massive move in one direction or the other, especially the downward one. Notice how similar the chart of IYF looks to that of JP Morgan. They are almost identical, but where JP Morgan has already made its decision closing underneath support of $34 a share, the IYF is still at it's decision point.

I wish I knew which way it would break, but don't guess just wait for the break. If it breaks underneath $44 a share that would be a good place to go short.

Market Watch: JPM

2011-08-23T09:01:00.004-04:00

Beautiful!

In the stock market all you can ask for is clarity and you don't get much more clarity than you're looking at right now on the chart of J.P. Morgan JPM. Look at the action for the month of August and how J.P. Morgan closed underneath $34 last night. When I look at that I see a line in the sand the JP Morgan has definitely sunk beneath.

Yesterday selling volume surged as you can see from the volume chart. Also the stochastic is accelerating down as evidenced by the red line separating from the blue line.

Right now the only indicator that matters for JP Morgan is the price.The longer J.P. Morgan stays beneath $34 a share higher the probability that it crashes. So, now I think we just dance with J.P. Morgan around the $34 zone.

Today we will look for a short entry point for J.P. Morgan. Hopefully we can put a stop at yesterdays high of $35.18.

Market Watch: GDX

2011-08-23T05:18:00.003-04:00

Wow would you take a look at that! The GDX has gone from $54 $64 per share in just the month of August. Ouch, it hurts to miss that. The only reason I noticed it is because I was looking to trade it, and I remember that it was down in the low 50s. And here it is suddenly at $64 and share its 52 week high.

The thing to notice about this $64 level is that the GDX has been forcefully repelled from here three times this year alone. And it's not just this year as historical chart in the weekly timeframe below shows. I hope that this is enough to convince you that zone between $64 and $65 is very strong resistance. The probability that the GDX will go higher increases after a break of resistance.

I don't know which way the GDX will break here, but something is going to happen. One thing for sure the GDX will not stay at $64 a share. At least history is on my side.

We already missed the $10 run from $54. So, I am more than willing to give up another dollar to buy some security. In other words I suggest that we buy the GDX when it breaks $65 a share with the stop somewhere close under $64.

There is no way to catch the 10 point run-up we just missed, but that doesn't mean we can't make money on what happens next long or short.

Live Trade: GLD

2011-08-22T11:56:00.001-04:00

by 25 shares of GLD right here at $184.08, with a five dollar stop.

Buy 1/4 GLD $184.08

Stop 179.08

Trade Update: SKF

2011-08-22T09:05:00.002-04:00

Back in April of 2009 we took a full position of SKF at $68.90 as part of mother of all puts, in case the Plunger Protection Team lost control of the market. The SKF closed Friday at $85.33 so, right now we are sitting on a profit of $16.43 share. It is time to place stops for this position.

I like to place stops in gaps, the reasoning is obvious. If SKF is going to continue to the moon, then you would not expect it to fall back into the gap right away. Friday's low was $79.98. So, let's put our stop at $79.58. Hopefully that's far enough away from any ambitious market maker specialist to keep us safe.

04-20-2009:
Buy SKF 100 @ $68.90
Stop @ $79.98

Trade Update: SLV

2011-08-22T08:05:00.003-04:00

On Friday we picked up a full position of SLV on a break of $41. You can see the entire zone of support between $38 and $41 going back for two months on the chart. So, I don't think we have to worry about anymore 35% declines such as happened in May.

The only thing that worries me on the chart is the stochastic which as you can see is about as bearish as it can possibly be. It is deeply embedded and turning over. It looks as though the red line and the blue line are intersecting marketing a crossover. On the other hand the stochastic could stay deeply embedded for months without a significant pullback. Right now I think the risk is to the upside in silver and therefore in SLV.

On the positive side it looks like the 50 day moving average is trying to turn up and overtake the 100 day moving average. Bullish stocks generally trade above their 50 day moving average, but the shorter-term moving average usually trades above longer-term moving average. You can see on the chart that this was the case during the run-up from $20-$47. Even after the crash we didn't get our moving average crossover until about July. The moving average crossover is a lagging indicator. It looks like SLV is trying to return to this condition.

We will wait for chance to put in trailing stops.

Market Watch: GLD

2011-08-22T07:25:00.007-04:00

On Friday I said that we would probably have to go long on GLD by at least 25 shares. Then I didn't do anything about it. The reason why is given in the chart above. It actually is the chart above. When you see a chart like that you simply do not enter long positions, you close them out. In fact that is what we did at $170. We were Long on GLD from $155 to $170, but then I got spooked by the chart and we got out. After that we got burned by going short, but I can tell you now I would much rather go short on this index than long. I do not think by any stretch of the imagination that the gold run is over. But we member how we got out of SLV at $45 per share. It didn't seem like the right thing to do at the time but it turned out to be. Point is wait for a pullback and an entry point.

Having said that I doubt were going to get very big pullback. It probably won't even go back as far as the first Fibonacci retracement. But most of the time stocks crash from run-up like this just like silver did. I don't care if we get a pullback by five dollars. I would rather wait until then, until it's much safer before piling in to GLD here.

George Carlin -' I Gave Up On My Species'

2011-08-21T10:05:00.001-04:00

He did try to tell people for 25 years. I understand his frustration 100%

Peter Schiff on record gold prices: I told you so!

2011-08-20T11:10:00.002-04:00

Peter Schiff explains how it's a Treasuries bubble, not a gold bubble stupid.

With the decline of the world economy, many investors are flocking to the precision metal: gold. Many say buying gold is a safe haven from worldwide inflation and gold will keep its value over any paper money. Will gold continue to increase in value? Peter Schiff, president of Euro Pacific Capital, tells us more about the precious metal.

Bank of America Will Help Rick Perry Out

2011-08-19T11:58:00.001-04:00

In case there's any doubt of who Rick Perry is falling into bed with just listen to the video at about 24 seconds. Apparently someone from Bank of America feels perfectly comfortable openly bribing Rick Perry. I'm sure this would not happen at a Ron Paul speech.

Live Trade: SLV

2011-08-19T10:11:00.000-04:00

SLV broke $40, pick up a full position at $41.08

MarketWatch: GLD

2011-08-19T08:48:00.001-04:00

Maybe this is why gold, already at an all-time high gapped up beyond our stops again yesterday.

Despite a report from the World Gold Council showing that demand for the precious metal has subsided, gold soared to a new record high today on the back of another stock market plunge and an announcement from Venezuelan President Hugo Chavez that the country’s gold mining industry would be nationalized.

As you can see in the chart gold is already at $18 56.70 in premarket activity. This will probably cause another gap up in the GLD. We will have to buy some GLD today going into the weekend.

Market Watch:SPX

2011-08-19T07:42:00.002-04:00

Well it is still forming, the double bottom on the SPX I mean. Look at the 1250 level in the chart you can see the strong support that it provided right up until the beginning of this month. Once it broke that support it crashed 150 points in no time at all. Then it found support finally at 1,100. What's important to understand is that buying did not come into the market at 1,100 rather shortselling stopped there. Think about us. We had sold short the SPX at 1,160 and had to buy the shares back at 1,121 in order to close out our position. Once all of the short covering dries up, the shares are left to fall again. So, it was primarily short covering that drove the SPX backup to the 1,200 level. Yesterdays pull back from that level was no surprise to us. I still expect the pullback to continue down to the 1,100 level before the new money and real buying comes in.

Of course there's no law that says buying can't come in right here, but look at the stochastic it has just turned over and has plenty of room underneath. In fact I wouldn't be surprised to see the index come all the way down to 1100 before rocketing up at least two 1,250.

On the other hand if the SPX breaks through 1100, then all bets on the long side are off. In that event it looks like 1050 would be the next decision point. But we are getting ahead of ourselves. Right now just keep your eye on the action between yesterdays close and 1,100.

Government Sachs

2011-08-19T00:18:00.002-04:00

Great piece of bad news from The Young Turks

Trade Update: GLD

2011-08-18T14:12:00.003-04:00

Well this had to be one of the most unlucky trades I can think of. Twice in the last three days the market gapped up beyond our stop. So, instead of getting stopped out at $172.34 we ended up covering ourselves at $177.62. Instead of losing $2.67 per share we ended up losing $7.95 per share. Or we lost $795 on the trade. I'm sure that's a record for this blog. You can see the two gaps in the last five trading days. It seems like they targeted my stops. Now I am not saying that the market actually targeted my stop, but if they had they couldn't of done it with any more precision. Maybe I am sending them too tight, I will have to think about it.

Anyway there's no time to cry about it. As I said last night if $175.50 is broken with any force we will have to to consider going long right there. We have to make that decision before the market closes today.

08-11-2011:
Sell full GLD @ $169.67
Covered at $177.62

Live Trade: GLD

2011-08-18T10:07:00.002-04:00

GLD gapped up above our stop at Stop at $175.50. Get out now at $177.62

Max Keiser: Banking Looters

2011-08-17T08:05:00.001-04:00

This week Max Keiser and co-host, Stacy Herbert, observe the British shock that there is no society. In the second half of the show Max talks to former bank regulator, William K. Black about the absence of justice for banking crimes and whether or not the population plays a role in demanding this justice.

Trade Update: GLD

2011-08-17T05:02:00.005-04:00

Well this has been an eventful trade, that is not a good thing. We were stopped out of GLD on the long side at $170.51 after 15 point gain. Then we went short on a break of $170, because the ETF was as badly overextended as the SLV was back in May. But shares only declined to about $160 before they returned all the way back to the $174 level. Then a strange thing happened on the way.

If you went short with us on GLD you expected to get stopped out at $172.34. Novice investors may wonder why this didn't happen today with the shares of GLD at $173.25. You can see why on the chart.

Notice that GLD opened at $172.50. So, it a gaped up through the stop. Meaning that our stop was missed. This is no biggie and happens from time to time. Right now we are going to move the stop up to $174.34.

So, what do we do now? First thing to notice is that GLD is just as overextended now as it was when it was at it's historic high just a few days ago. Now stare at the last month on the 52-week chart and notice the double top that's developing. A double top won't be confirmed until GLD breaks back below $168, but there it is in obvious development. Remember that double tops in which the second top is lower than the first are more bearish.

Next look down at the stochastic which is just under 80 and definitely pointed down. But it's the dramatic crash in volume takes my breath away. Shares can increase on decreasing volume for only so long, actually not so long. Not getting stopped out at $173.25 may turn out to be a good thing, only time will tell.

Right now I think that the thing to do is move the stop up to $175.50. If GLD is going to go down it probably won't break its all-time high first. If it does break $175.50, then we will have to abandon all hope on the short side and chase GLD long.

08-11-2011:
Sell full GLD @ $169.67
Stop at $175.50

Trade Update: GLD

2011-08-16T11:08:00.004-04:00

If you went short with us on GLD you expected to get stopped out at $172.34. Novice investors may wonder why this didn't happen today with the shares of GLD at $173.25. You can see why on the chart.

Notice that GLD opened at $172.50. So, it a gaped up through the stop. Meaning that our stop was missed. This is no biggie and happens from time to time. Right now we are going to move the stop up to $174.34.

08-11-2011:
Sell full GLD @ $169.67
Stop at 174.34

Jon Stewart Scolds Media For Ignoring Rep. Ron Paul M

2011-08-16T04:18:00.006-04:00

Anyone who still doesn't believe that the main stream media is nothing more than a mouthpiece for their corporate owners should look at how they break their necks not to mention Ron Paul, who unlike Michelle Bachman did not hand out 4000 Randy Travis tickets at the Ames straw poll.

The infiltration of the media was one of the CIA's first and most important operation. Dubbed Operation Mockingbird it was also one it's most successful.

Later that year Wisner established Mockingbird, a program to influence foreign media. Wisner recruited Philip Graham from The Washington Post to run the project within the industry. According to Deborah Davis in Katharine the Great; "By the early 1950s, Wisner 'owned' respected members of The New York Times, Newsweek, CBS and other communications vehicles."[4] Wisner referred to this apparatus as a "Mighty Wurlitzer", referencing the theater organ capable of controlling diverse pipes, instruments, and sound effects from a central console.[5]

Wake up, conspiracies have existed for a long time.

Market Watch:SPX

2011-08-15T15:21:00.003-04:00

Well the rebound is flattening out ever so slightly. So slightly. I said that I thought the SPX might come back no higher than 1250, right now it is just tickling 12,000 with the stochastic in mid range making it conceivable that the index could go all the way back to 1250. But what I want to know is what it does after that.

Most likely what will happen is that the prices will go up to some place under 1250, but probably not that high. Then they will fall off again as short covering dries up most likely all the way back down to about 1100. That will be the decision point. That's when we will see if the bottom is in or if the route will continue.

I not only stand by that statement but I hope for it. That is I hope that the SPX comes back down to the 1100 area and then rebounds. If it does that then we might guess that it is forming a double bottom. Of course the double bottom of the confirmed probably for at least a week but it could be a very obvious buy signal.

Right now the next obvious set up will be when the stochastic gets up into the overbought region and turnes back down. If that happens at prior support of 1250 then I would consider making a risky short of this index. But the safer thing to do is wait for retracement back down to the 1100 area. A strong bounce off of there be a clear buy signal.

Paul Krugman the Nobel Idiot Lies Again

2011-08-15T10:25:00.011-04:00

Now that QE1 and QE2 are the undeniable failures they were predicted to be, Nobel Liar Paul Krugman is predictably out shrilling for another round of the same kind of money printing that has not worked twice before. This is a typical Keynesian response and the kind that we have heard before from Krugman.

The tiger as they say is by the tail. To avoid defaulting of Treasury bonds the Fed must keep printing, but to avoid hyperflation it must stop printing, leaving who knows who to buy the bonds. It's an impossible choice, but one the Fed has made and obviously made the one to print. So, last week with the risks palpable and pervasive, just as Cramer had done before, in service of his masters Paul Krugman went to work.

So, with the first two rounds of stimulus abysmal failures, Krugman feigns frustration over the reluctance to do what he knows cannot work.

Paul Krugman is so frustrated by the lack of support for another round of stimulus spending that he's now calling for a fake alien invasion of the United States to spur a World War II-style defense buildup.

Paul Krugman knows that the kind of monetary stimulus he calls for can never work, yet the consummate Keynesian he continues to offer up the same shrill responses, more, and again. We need to spend more and we need to spend it again and again, on and on, ad nauseam. Krugman's argument of course is purposefully and perfectly masked by the word stimulus. Stimulus has nothing to do with what Krugman is speaking about. Stimulus doesn't mean stimulating anything, rather it means borrowing at interest from the federal reserve.

The deception is as stealthy as the logic is circular. No nation or individual can't borrow itself out of debt. Not a sounder statement exists. Any discussion over going in to further debt to pay off the debt would be terminated immediately. But stimulus, who could be against a stimulus for the economy? So, the false debate led by a Nobel front man takes hold.

Krugman knows that returning lost jobs from China and India will stimulate the economy not borrowing money printed from nothing at interest and charging taxpayers via their personal income tax. Any Nobel idiot knows that deficits can never be repaid by borrowing to repay them. So, we can only deduce that Krugman is lying again.

Krugman noted that the effort of World War II helped end the Great Depression, and joked that something similar was needed today.

Any economist who believes that World War II ended great depression has lost his mind. War is costly and governments eagerly become deeply indebted to fund them. That is why bankers worldwide throughout history are so universally fond of bloodshed. Especially when the money they lend comes from thin air. The United States went into needless debt to pay for World War II. The United States would have been better off if the government funded the war effort by issuing the money to pay for it without interest. The post war boom was due solely to the fact that the United States was the only industrialized nation not left in flaming ruins.

But now it is the US economy in flames and Krugman just won't quit.

"If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months," he said. "And then if we discovered, oops, we made a mistake, there aren't any aliens, we'd be better--"

If we discovered that, you know, space aliens were planning to attack we would massively borrow, and just like an indebted borrower who discovered a new line of credit we would appear to be temporarily more wealthy. But the debt would have to be repaid and the only way, Uncle Sam has of repaying his debts to go into deeper debt.

We would be better off to be invaded by real space aliens than to go into needless debt to defend against fake ones. That is what's wrong with the entire United States monetary system, first it borrows money into existence, then it borrows to repay the needless debt it assumed. This is great for and only for the bankers.

Of course, Krugman is not really calling for a space invasion—but that hasn't stopped some people from framing his comments as part of a giant conspiracy by a shadowy group of elites to enslave the world through a fake alien attack.

Of course not, Krugman comments come as part of an effort to further in-rich and empower a small but powerful coterie of perniciously usurers, using the ancient scam of money from thin air, to make debt slaves of us all.

SR 24 The Fed's Secret Loans

2011-08-14T22:27:00.000-04:00

Trade Update: GS

2011-08-14T07:58:00.003-04:00

We entered half a position of Goldman Sachs long on hopes that it would break $120 a share and be propelled upward, back above the 100 day moving average. We got the break above $120, but the shares then promptly fell stopping us out at $117.49. You can see the action in the 15 min. chart above. I still believe that Goldman Sachs is a buy of $120 a share. But for now everything else is guesswork as we are out of the market with a $100 loss.

08-11-2011:
Buy 1/2 GS at $119.49
Sell 1/2 GS at $117.49

The Black Swan is On the Wing

2011-08-13T17:30:00.000-04:00

Market Watch: DJIA

2011-08-12T08:05:00.004-04:00

We got the break as anticipated and the DJIA is above 10,800 as requested. So, now what?You can see on the chart how the Dow Jones industrial average fell off a cliff at 12,000. It crashed through prior support at 11,500 as if it never existed before going all the way down to its 52-week low of 9936.62. So, it seems to me that the next level of resistance for this index is 12,000.

Will it make it back that high? There is a case to be made that it will. You can see the schizophrenic stochastic turning up from deeply oversold that area with the red line just beginning to separate from the blue line. Also the volume is double the 50 day moving average of volume. So, we have a case where the momentum has room to go and the volume behind it is strong. Look at where the index was when the stochastic peak back in July. The index was well above 12,000. Now everything could crash again, but with the VIX at 39 I still feel safer buying than I do selling. Of course I am comforted by knowing we can always buy in partial positions with very tight stop regardless of what the market does.

Yesterday we picked up some Goldman Sachs. Today we will add to that on strength and will look to possibly get into IBM.

Trade Update: GS

2011-08-12T04:26:00.005-04:00

We got the market bounce as anticipated and Goldman Sachs responded well. In the daily chart you can see the fall from the failed double bottom at $125. Look at all of the activity underneath $120 this month. I don't think that Goldman Sachs is a buy until it breaks at least $120. That's why yesterday I said it was a risky trade when we bought 50 shares at $119.49 with a two dollar stop.

You can get a better look at the resistance at $120 in the intraday chart in the fifteen minute time period. If Goldman Sachs breaks $120 with any force we will complete the position. Otherwise we will be stopped out with a $100 loss.

08-11-2011:
Buy 1/2 GS at $119.49
Sell 1/2 GS at $117.49

Trade Update: GLD

2011-08-12T04:02:00.004-04:00

Now that is an overextended chart. It was overbought and he over buying was accelerating, look at the long candles from $160 up. We were long GLD from about $155 but when that buying volume turned to selling volume I decided to move the stops up to $170 and then go short with a two dollars stop. The reason I said $170 because to me those three sticks above $170 seem isolated. I'm sure that there are people who will differ but to me $170 seems like a line in the sand for GLD.

This chart is very reminiscent of the chart of SLV just before it crashed. Remember there we got out just at $45, but I failed to short on the way down. I don't want to make the same mistake twice. At first the decision they sure look like a good one as the shares went all the way down to $168.65. But recovered to close above $170 at $170.75.

To me things seem very simple. Right now our stop is at $172.34, we either get stopped out or we stay short. In the case that we get stopped out we will be forced to go long again when GLD breaks its all-time high of $175. Until then there is nothing to do. I will be a little more comfortable when GLD falls back beneath $170.

08-11-2011:
Sell full GLD @ $169.67
Stop at $172.34

Live Trade: GS

2011-08-11T15:43:00.000-04:00

Let's buy 50 shares of GS at $119.49 with a two dollar stop. This is a risky trade.

Live Trade: GLD

2011-08-11T13:55:00.002-04:00

Short a full position of GLD here at $169.67 with a stop at the days high of 172.34

Sell short 100 GLD
Stop at 172.34

Trade Update: GLD

2011-08-11T13:36:00.002-04:00

We were just stopped out of GLD at $170.51 with a profit of $1470.50. Get ready to short.

07-25-2011:
Buy 1/2 GLD $157.04
Stop at $170.51

07-13-2011:
Buy 1/2 GLD @ $154.57
Stop at $170.51

Trade Update: GLD

2011-08-11T11:20:00.002-04:00

The meltup in GLD had now gone hyperbolic and it is time to move our stops. Our cost basis for GLD is $155.81 and we are moving stops up to today's low of $170.51 to lock in a profit of $1470.50.

07-25-2011:
Buy 1/2 GLD $157.04
Stop at $154.04

07-13-2011:
Buy 1/2 GLD @ $154.57
Stop at $150.94

Look at the chart, it looks almost as extream as SLV did just before it's crash. We will protect our profits just as we did with SLV when we got out at $45.

Move all stops in GLS to $170.51

Market Watch:IBM

2011-08-11T07:56:00.003-04:00

Well, I said it but unfortunately I did not trade it. I predicted that IBM could slide all the way back to $160 share.

But the first stopping place looks like it might be $160 from the chart. You can see how it sprang off of that level last month. So, I would not be surprised to see IBM back down testing $160 again.

Then we entered a short position on IBM, but unfortunately we got out at $169.79.

08-04-2011:

Sell 1/4 IBM @ $175.25

Buy stop at $169.79

08-03-2011:

Sell 1/4 IBM @ $177.73

Buy stop at $169.79

Prior to that we shorted IBM the night before its biggest one-day gain ever. At least the biggest one I could find on the chart, and we were stopped out.

07-18-2011:

Short 1/4 IBM at $174.22

Buy 1/4 IBM @ $182.75

But now IBM looks like it might want to bounce off of support at $160. Let's keep an eye out to see what it does.

Market Watch: DJIA

2011-08-11T06:21:00.004-04:00

WOW! Take a look at that, over 500 points in less than an hour. Can anyone say plunger protection team please? But there you have it, a double bottom. Well a double bottom on the two day chart in the 5 minute time period.

For a more definitive view it's take a look at the three-month chart in the daily time frame below.

You can see the fall from grace at 12,000. But what's more interesting is the last three candlesticks. Take a good look at them. See if you can draw a line roughly across the tops of the last three sticks and the bottom of the last two sticks. If you do that then you will get a very huge very significant triangle. I am not predicting that the triangle will form, but if it does it will be of significance. So, I feel compelled to mention it.

Let's think about what's going on here. The VIX is at 43 and everyone is scared as hell. I think that Wall Street has everyone right where they want them. Remember their job is to scare you out of your positions just before they buy them cheap. So, I am going to stick my neck out here and say that it's time to buy.

I will stick my neck out, but I will not put my money on the line until the DJIA is above 10,800. The thing to do then would be to buy some beaten up bargains like Goldman Sachs, or stocks with relative strength like IBM. But let's not get ahead of ourselves, let's wait and see what happens.

Market Watch: SPX

2011-08-10T08:24:00.004-04:00

Well there it is, take a good long look at it. Look at the break below 1250. That is one of the greatest downward moves you'll ever see. If my arithmetic is correct the SPX spent seven days under the Bollinger bands and even after yesterday's rally we are still under them.

Is it over? I don't know, but we finally did get an a up day. The key to me is that after big pullbacks like this we usually get a short covering rally first. Think about us, we were short the SPX. To get short we had to first sell the SPX, and then we had to buy it back to close out our position. That is what everyone else in the market is doing as well. All of that short covering causes temporary spike in prices, but it does not constitute a trend change.

Most likely what will happen is that the prices will go up to some place under 1250, but probably not that high. Then they will fall off again as short covering dries up most likely all the way back down to about 1100. That will be the decision point. That's when we will see if the bottom is in or if the route will continue.

So, do you trade this rally? It depends entirely on personal choice. You can try to catch the rally as a swing trade and then get out as it falls back if you can be nimble enough. It's kind of like playing video games only if you go outside the lines you lose money. But I suggest waiting to see if what I talked about takes place. Namely if the SPX puts in a double bottom, then that would be one of the safest trading strategies you could make.

The long and short lines I think are 1250 and 1100 respectively. 1250 is prior support so that automatically makes it resistance, but that does not mean that the SPX will approach anything near 1250 in the near-term. You can see that 1100 acted as support back in September of last year and again yesterday. So, for now we have to consider 1100 as support.

Remember we are waiting for signs of a double bottom before going long this index.

The Main Battle Now is in the SILVER Market

2011-08-10T07:59:00.000-04:00

Trade Update: GS

2011-08-09T23:20:00.001-04:00

We went short Goldman Sachs at $120.90 and again at $118.99, in what was admittedly a late trade. The shares went all the way down to the $112 area before recovering and stopping us out at $122.45 for a $125.25 loss.

I believe that this is a short covering rally, so we did not go long on GS yet. Right now I'd like to get another pullback and catch Goldman Sachs when it turns back up again. In fact you can see the double bottom at $133.11 and $111.60 in the 15 minute chart. What we are looking for now is the same pattern in the daily chart. So, until we get some direction we are out of the market.

08-08-2011:
Sell 1/4 GS at $118.99
Buy 1/4 GS at $122.45

08-08-2011:
Sell 1/4 GS at $120.90
Buy at $122.45

Trade Update: SPX

2011-08-09T10:07:00.003-04:00

We were stopped out at 1121.46 with a profit of $1731.75.

Look at the 15 minute chart. I am trying to figure out if we should go long here or go short back under 1200.

08-08-2011:
Sell 1/4 SPX @ 1151.73
Buy 1/4 SPX @ 1121.46

08-08-2011:
Sell 1/4 SPX @ 1160.46
Buy 1/4 SPX @ 1121.46

Trade Update: SPX

2011-08-09T08:23:00.004-04:00

Wow look at that cascade from the 200 day moving average. Back when the SPX broached its 200 day moving average I talked about a significant the event was, but I had no idea it would be this bad this fast. I also mentioned that if 1275 was broken with any force look out below. That was only a week ago. Yesterday I posted that I would short the SPX on a break below 1170. No sooner had I looked up then we were below 1170.

We shorted the SPX with a quarter position at 1160.46 and with another quarter position at 1151.73. The SPX closed at 1119.46 yesterday giving us a gain of $1025 in the first position and a profit of $806.75 in the second position. That's a gain of $1831.75 so far we only have half the position. I hope this route continues so that we can not only protect what we have but fill out our position.

So, first things first. And the first thing is to protect what we have. We don't have to get very fancy, let's just put two dollars stop on SPX. So, move all stops to 1121.46.

With the stop set the only thing we worry about now is a gap at the open. You will have to watch at the opening. If there is a gap you will have to remove your stop manually and then buy to cover. Don't just panic and by, wait to see if the gap fills. You should be able to get a read. If you see the gap filling wait until it does before you cover.

Sell 1/4 SPX @ 1151.73

Buy 1/4 SPX @ 1121.46

08-08-2011:

Sell 1/4 SPX @ 1160.46

Buy 1/4 SPX @ 1121.46

Trade Update: GS

2011-08-09T05:29:00.007-04:00

Everything on the chart of Goldman Sachs GS says "I am massively oversold." Yet here we are short a 1/2 position. We entered short with 25 shares at $120.90 and again at $118.99 with another 1/4 position. Admittedly I was late, we should have been short from $125, when Goldman broke down below the double bottom pattern that was setting up there. Beyond that it is risky to short in these oversold conditions, which is why we do it with 1/4 positions at a time.

Now I am not saying that there is a reason to be long Goldman, but we must beware of the possibility of a turn around. On the chart above you can see the extreme and persistent violation of the Bollinger bands, the massive selling volume over 17 million shares and a sundry of reasons to expect a turn around. But what we lack so far is a turnaround day, or I prefer a turnaround pair. That is an up day on strong volume after this type of a prolonged period of extreme selling. But there is more to it than just a lot of selling. The thing to look for here is where the stock turned around in the past. I.e. we are looking for support on the chart, but to find them we have to go all the way back to 2009 and all the way down to $50. That's right $50. Don't believe me check out five year weekly chart of Goldman Sachs below.

You can see some decent support at $100 and some weaker support at $75, but the only strongest support doesn't occur until $50. So, there is still a long way it could fall even under oversold conditions.

In a perfect world the shares would fall all the way down to $50 a share where we could load up long. But in the real world the only thing we can do is look for places to add to our positions and set stops.

To see where to set our stops look at the 10 day chart in the 15 minute time period. You can see the long hard slide culminating in yesterdays low of $112.11. From there the stock rebounded sharply back to the $120 zone , but it failed to close above $120. I don't know if that was a turnaround, but if Goldman Sachs is going to reverse from here then it will do it by passing $120. This is convenient for us since our cost basis for GS is $119.95. Lets put our stop at $122.45

08-08-2011:
Sell 25 shares GS at $118.99
Stop at $122.45

08-08-2011:
Sell 25 shares GS at $120.90
Stop at $122.45

Live Trade: SPX

2011-08-08T13:18:00.002-04:00

This is a risky trade. sell short 25 shares of SPX at 1151.73.

Sell 1/4 SPX @ 1151.73
Buy 1/4 SPX @ 1155.73

StockMarket-Implosion

Digging Deeper Into Who Controls The World

Debt Slavery: 30 Facts About Debt In America That Will Blow Your Mind

Wes Moss: Is Ron Paul crazy?

Jon Stewart Rips Apart CNBC for Eight Minutes

Market Watch:BVSN

The Chain of Obedience

Newt Gingrich: Serial Hypocrisy

Fed Bailout of Big Banks Dwarfs TARP

Final Fu#k

Trade Update: GS

Trade Update: GS

Live Trade: GS

EU: Treaty of debt (ESM) - stop it now!

Ron Paul is running in the *Republican* primary

Live Trade: PSLV

Universal Serfdom with G. Edward Griffin

Trade Update: SKF

Free Market Is Most Humane

Sink Bank of America

Market Watch:SPX

My Sentiments Exactly

Live Trade: HL

Ron Paul - Jon Stewart Interview 9/26/2011

Chetco Federal Credit Union, Harbor, Oregon

Trade Update: GLD

Trade Update: SLV

Keiser Report, Bill Still on The Non Gold Standard

Aaron Krowne with Max Keiser

Peter Schiff on the Obama Jobs Bill

Hitler gets a margin call

Ron Paul Wins Debate by a Mere 2 to 1 Margin

Live Trade: GLD

Trade Update: GS

Trade Update: GS

Peter Schiff: 'QE2 is the reason for recession'

Trade Update: JPM

Trade Update: GLD

Live Trade: GLD

Live Trade: GLD

RU NUTS 3500 on the DOW ??

Trade Update: GS

Trade Update: SLV

Live Trade: GS

Trade Update: GS

On the Edge Alex Jones with Max Keiser

Trade Update: JPM

The Rope By Which to Hang Him

Live Trade: JPM

Trade Update: IAU

Paulson Down 38.7% After Rough Third Week Of August

Trade Update: IAU

Keiser Report guest Catherine Austin Fitts on market frauds

Trade Update: IAU

Live Trade: GS

Trade Update: IAU

Trade Update: GLD

Trade Update: SKF

Live Trade: IAU

Live Trade: SKF

Market Watch:IYF

Market Watch: JPM

Market Watch: GDX

Live Trade: GLD

Trade Update: SKF

Trade Update: SLV

Market Watch: GLD

George Carlin -' I Gave Up On My Species'

Peter Schiff on record gold prices: I told you so!

Bank of America Will Help Rick Perry Out

Live Trade: SLV

MarketWatch: GLD

Market Watch:SPX

Government Sachs

Trade Update: GLD

Live Trade: GLD

Max Keiser: Banking Looters

Trade Update: GLD

Trade Update: GLD

Jon Stewart Scolds Media For Ignoring Rep. Ron Paul M

Ron Paul is running in the Republican primary