Precious Metals New Thread 2.0

So the dow is still crashing....
But only until they go back to zero rates then we'll have a small recovery unless they go QE4ever.....
You can only guess in the world of fake markets...

The 10 yr gold vs dow chart still shows gold out performing the dow and PMs are about to flip for another bull run...
This next bull run will produce much higher gains than the last run....
So we do have a 300-600% bull run coming if the dollar survives...
If the dollar dies we will have much higher gains..........

 

So sounds like the derivatives are starting to go down...
The fed talks about going to negative rates...
China and Russia prepare for the fall of the petrol dollar

 

Bill Holter Get Out of The System
For your convenience, here is the GOTS check list:

1. Your equities are held in certificate form or direct registration
2. You have no Federal sponsored retirement funds such as 401K etc.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries or BRIC protectorates like Singapore
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses. That is cash, not plastic with credit open
8. You have no consumer debt at all. Pay it down or off.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
12. 33 1/3% of your liquid net worth is in gold and silver or according to your preference.

The above is by no means a complete checklist. Please keep in mind, not everyone even has the ability to attain the position of this checklist because they simply cannot afford to. In a perfect world, the above checklist would be a “start” only and situated on a private island, preferably with other likeminded people.

http://www.jsmineset.com/2015/05/28/the-gots-checklist-a-review/

 

Convert Some or All of your 401K to Cash

This dip is getting bad, if you have a 401k you've lost 2 years of growth...
Your 401K has a cash option that you can hold...
All 401Ks are balanced everyday, so up or down you take that loss or gain everyday you don't hold "shares"
Don't ride this crash all the way down...
Take some or all and convert to cash...
Hedging, covering yourself both ways...
You can't time the market, but the warnings have been out for a few years now...
There should be a small bounce coming...
The market should go down till the fed meeting...
They will go back to 0 rates or go to negative rates then we should get a temporary bounce if you wait that long take advantage and get out...

This is not investing advice, just sharing some common sense....
All markets have cycles and the stock market is going bearish, so don't loose it all..
I converted 75% to cash last may and 25% to miners...
This is why I buy PMs because I still need to invest in something, the market is high and PMs are low...
Up side vs down side risk...
This crash will take a bout a year to bottom out....

 

The BAIL INS are starting......

Portugal bailed in 5 banks.... That means taking "savings accounts" ( investors ) money
http://www.bloombergview.com/articl...nk-bail-in-maneuver-sets-a-worrying-precedent
You should be moving away from digital "investment" and moving to real physical assets...
You need to own real things and real property not digital things backed by nothing....

 

The fed keep rates the same......
That's good, they claim they are going to stay on track...
I still doubt they woke up and suddenly will start doing the right thing.
So they will have to turn course....

http://www.bloomberg.com/news/artic...p-before-fed-decision-as-apple-falls-on-sales
Fed policy makers left interest rates unchanged and said they still expect to raise borrowing costs at a “gradual” pace while watching to see how the global economy and markets impact the U.S. outlook.

So good news for free market and bad news for the stock market, for now...

 

Something may be happening in PM prices....
They set the fix .8 cents lower and the silver price stayed the same.......
This has never happened before....
Not sure what this means but something happened.......

 

Japan goes to Negative rates............

http://www.usatoday.com/story/money/business/2016/01/28/japan-negative-interest/79499096/

OTHER CENTRAL BANKS WITH NEGATIVE RATES

ECB: -0.3%
Sweden: -0.35%
Switzerland: -0.75%
Denmark: -0.65%

Someone tell me this is good news......

 

The value of the Dollar is worth what the fed says it's worth and they say it's worth 0...
A very good vid on understanding currencies....

 

It is not. It means you'll have to pay banks to hold your money.

 

Good vid on asset deflation..... Harry Dent......
I agree with him on asset deflation, not so much with PMs because PMs are also money not just another asset...
PMs don't go down in deflation but can go up like in Germany....

Again it's understanding the cycles....

Had to post the original vid, Mike had the other one deleted...
This must be a subscription vid because this is only 2 min out of an hour...
It was a gret vid...



lets try this one, you may have to give your email, but it's worth it, no fear mongering just factual info......
http://goldsilver.com/hsom/ep6/congratulations/

 

exactly, It's bad news...

That was for the nay sayers that keep saying everything is fine...

If they don't sort things out, negative rates will come here.....

So this is just me making people aware things so they can plan for it....

 

So COMEX is now leveraging gold 542 to 1.

Down to only 2 tons of gold, so putting the physical value at $639,018 just to balance the account...
They should have 2,800,000 oz and they only have 73,000 down 97%
This is a good example of how digital investment are high risk and based on nothing.... Times have changed....
Gold is not going to 639,018 and oz but it is going way up and someone will loose their ass shorting PMs...
When I started this thread they were leveraged 250 to 1, so the gold is running out of the comex...


http://www.tfmetalsreport.com/blog/7403/new-record-low-comex-gold-inventory

http://www.24hgold.com/english/inte...e=COMEX+WAREHOUSES+REGISTERED&etfcodecom=GOLD

 

Gold off to a good start this year... + 6.5 %
Stocks - 7.3 %

 

Gold Is A Time Machine - Transporting Wealth to the Future.

 

So why is it important that there are 450 naked shorts against every oz of gold???
Well you can see from the chart that number is very abnormal and the shorts are breaking....
1 crack will send PMs much higher....
That chart only goes to 228 it is now at 452 normal is around 25....
It is very easy to see something is happening in a big way.....
They don't have the gold to cover their bets....
They are trying to hide the fact that PMs demand is going crazy world wide...
And that is just from the early adaptors...
So PMs have a lot of up side



And inventories are dropping to all time lows....



Current inventory as of last week...

 

PMs may have bottomed out in December...

Stocks are falling and PMs are rising, if this keeps up this would be even better than I had anticipated....
I thought PMs could drop a little with the market and then take off, but it looks like they may be starting to take off now...

Again something big is happening so just keep stacking every month, don't put it off...
Inventories for large bars is running short for both gold and silver...
Be careful going long on miners some of those companies are almost bankrupt and may close down..
Don't buy PMs ETFs they don't have the reserves and may default...
But I may start going from cash to PM stocks this week...
Not sure if the fed going to negatives rates will help or hurt in the digital PM market..

And SDOW is up over 20% again....

None of this is investing advice....
Just some PMs knowledge I have learned....
Hopefully I'm helping some of you...