Hambone commented on the post, Buba Folds- Withdraws Gold Repatriation Request!
@ Darkhorse – simply a mystery…all of it…
View ArticleHambone commented on the post, Banker Source On Dead JPM Bankers- "Knew Each...
When you realize you have arrived at a place where you can not go forward nor backward nor can you stay where you are…the lies and deceptions are all that is left. The promises will all be broken....
View ArticleHambone commented on the post, Former World Bank Official: US Dollar is About...
Well, let’s just think about the premise that there’s 170 k tons of gold sitting somewhere, ready to be picked up. In 2013 with greatest technology in history, global mining production was @ record...
View ArticleHambone commented on the post, Former World Bank Official: US Dollar is About...
@ Astoria – c’mon Joe – let’s extrapolate that world population was about 200 million in year 0, 300 million in 1000 AD, 1 billion in 1850, 2 billion in 1940 – so they had tiny #’s of people compared...
View ArticleHambone commented on the post, Alasdair Macleod: Gold Roars Through $1300, Is...
manipulation, lies, fraud…all true and all part of the PM’s game. But the simplest, most reliable signal and all you need to know and watch is the 10 month moving average. When gold/silver close above...
View ArticleHambone commented on the post, THE COMING SILVER STORM: The Public Is Not...
What makes more sense – that the Fed ran (runs) a secondary QE program (perhaps equal to the on-books QE…perhaps double) through foreign financial centers of the world through countries like Ireland,...
View ArticleHambone commented on the post, THE COMING SILVER STORM: The Public Is Not...
Not sure if this proves your point as Chinese using “hards” for financing or shows dangers due to record stock piles...
View ArticleHambone commented on the post, Stewart Thomson: Gold And The Phillips Curve
In 6yrs time since ’08 “foreign” holders of US Treasury debt have increased their holdings from $2.4 T (Jan ’08) to $5.8 T (Dec ’13)?!? A 150% increase while the Fed sold/ did not roll $800 B in ’08...
View ArticleHambone commented on the post, Rick Rule: A Mere $2 Billion in Cash Would...
A mere $2 Billion would clean out silver on the margin…but on the flip side, what are foreigners investing in according to the TIC data from the Treasury??? “Foreigners” have amassed gigantic positions...
View ArticleHambone commented on the post, Rick Rule: A Mere $2 Billion in Cash Would...
I have a sneaking suspicion that debt ravaged Ireland did not buy $106 B in Treasuries since ’08. And Norway did not add $77 B, nor did Belgium add $244 B since ’08…and on and on. I don’t doubt the...
View ArticleHambone commented on the post, A Thousand 100 Year Storms Converging to...
Who will buy all those Treaury’s now the Fed is tapering??? Those Treasury’s that allow US to run these deficits and service debt so cheaply??? Given that the pendulum of “foreign” / Fed vs. domestic...
View ArticleHambone commented on the post, A Thousand 100 Year Storms Converging to...
Cheatsheet to “foreign” Treasury ownership / trends Global 2000 —> 2007 —-> 2013 $1 T —> $1.6 T —> $5.6 T ASIA China $60 B —> $400 B —> $1.27 T Japan $315 B —> […]
View ArticleHambone commented on the post, China Begins Power Move Against The U.S. Dollar
Sorry but using TIC data as a basis for determinations is likely as bad if not worse than BLS or like mis-information. According to TIC, “foreigners” hold and need to rollover their $5.6 T and buy...
View ArticleHambone commented on the post, While All Eyes Are On Gold & China, Silver...
What is not said in this article is what the supply and available supplies are for gold / silver. Gold has little supply available @ this price but at much higher valuations there is a massive supply...
View ArticleHambone commented on the post, A Massive Move is Coming in Silver: Will it Be...
as the largest ETF holders of PM’s (supposedly), GLD has just under 800 tons and SLV has like 10,150 tons… There’s something like a 170k tons of gold sitting out there in vaults of CB’s, investors,...
View ArticleHambone commented on the post, A Massive Move is Coming in Silver: Will it Be...
Global inventory of Silver 500k oz or less ??? = 1.5yr supply (500,000 tons / 350,000 tons/yr demand) (btw – 1950 = 9 billion oz inventory) Global inventory of gold of 170k tons = 38yrs supply...
View ArticleHambone commented on the post, Gold: Big Picture Focus
seems interesting the increases in US Treasury debt “foreigners” have amassed. Global Jan ’00 – ’07 – Dec ’13 $1 T —> $1.6 T —> $5.6 T (cumulative “foreign” held US public […]
View ArticleHambone commented on the post, Negative GOFO and Rising Gold Prices: The Days...
I’m not saying Turd’s observation isn’t correct but he is looking at a very short set of data in what may well turn out to be the crucial “turn of the worm” moment…what I also see in these periods were...
View ArticleHambone commented on the post, India Imported 6125 Tonnes Of Silver In 2013,...
Silver global supply = 1,050,000,000 oz or 32,812 tons/yr (mining / scrap) Total global inventory of silver is less than 1 B oz (below 32,000 tons)…down from 9 billion in 1950. 50% = industrial users...
View ArticleHambone commented on the post, India Imported 6125 Tonnes Of Silver In 2013,...
@ Zman – based on ’13 World Silver Survey data…total silver supply peaked in ’10 @ 1,076 million oz…’11 @ 1,039, ’12 @ 1,048 oz…’13 was expected to remain flat. the ’12 implied net investment […]
View ArticleHambone commented on the post, Marshall Swing: The Grand Slam is Coming!
Sam – most stackers simply tried to move to “safety” of something tangible, precious, and un-printable. Since ’11 peak, results have been bad to worse. Supply / demand fundamentals nor technical nor...
View ArticleHambone commented on the post, Marshall Swing: The Grand Slam is Coming!
@mikeyj80 based on #’s from World Silver Supply 2013 (whatever those are worth..still gotta have some kind of baseline to work from) ’13 Silver global supply = 1,050,000,000 oz or 32,812 tons/yr...
View ArticleHambone commented on the post, Is NOW The Right Time for Silver? The Doc...
In ’04-’08 (5yrs) the US ran a $3.47 T trade deficit vs. an increase in treasury debt ownership by foreigners of $1.4 T (of $2.45 T new public Treasury debt)…$2+T of dollars not recycled into Treasury...
View ArticleHambone commented on the post, Jim Willie: Global War Has Begun, Russia/China...
Why did Russia begin buying Treasury’s in ’07 where they had never shown interest before??? Why did Russia hit peak ownership in July ’10 @ $176 B and why declining since??? Why, exactly as...
View ArticleHambone commented on the post, Harvey Organ: Banking Boys Are in Real...
For those 100% of economists wrongly calling for higher yields on bonds in ’14 and almost as many calling for lower PM’s prices…read and ponder…and realize why the exact opposite of what logic dictates...
View ArticleHambone commented on the post, Top of the Market? Meet the $1 BILLION Company...
This article is funny – it was written when CYNK was only a $1 Billion dollar company – today CYNK went in excess of $8 Billion market cap….before closing at $4.4 Billion. When cash is infinitely...
View ArticleHambone commented on the post, How a Reserve Currency, Such As the US Dollar,...
Please no discussion of Bretton Woods location – it is in New Hampshire, the author knows this but no way to revise the article…Again, apologies to those in NH somehow confused w/ NJ…
View ArticleHambone posted a new activity comment
All advanced economy CB’s are lowering, not raising rates. The US will be no different. Plus, we all know QE is the Fed’s stated vehicle to artificially rig interest rates lower and artificially...
View ArticleHambone posted a new activity comment
All advanced economy CB’s are lowering, not raising rates. The US is no different. Plus, we all know QE is the Fed’s stated vehicle to artificially rig interest rates lower and artificially maintain a...
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So, everything is rigged… We all know QE is the Fed’s stated vehicle to artificially rig interest rates lower and artificially maintain a market for Treasury’s and MBS…and in the following link, pretty...
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Hey Doc, thought I’d add a link to an article putting the jobs “recovery” in perspective. http://econimica.blogspot.com/2015/04/an-update-on-ongoing-us-job.html In reply to - The Doc wrote a new post,...
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Exactly What Did Nixon Say 43 Years Ago…about dollar convertability to gold? A little clean up of the consensus historical record and potential implications for China and American gold holdings....
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Link updated… http://econimica.blogspot.com/2015/04/exactly-what-did-nixon-say-about-dollar.html In reply to - The Doc wrote a new post, China’s Stealth Gold Reserves To Quadruple as IMF Seek Answers...
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Just finished this article all about US demographics as the clear trigger for ’08-’09…and why things are about to get much worse economically....
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“The paper market is telling one story. But the actual physical bullion market is telling quite another.” This story is not limited to the PM’s markets…it’s true en masse across the economy and finance...
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AGIIX – yup, hundreds of billions being syphoned to quietly pay today’s bills while demand for US treasury debt is non-existent…and all the chat about a 1/4pt hike but the real story is the 6yrs it...
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In all that printing for decreasing population growth and outright declines..precious metals are simply the constant and debt the variable. In reply to - The Doc wrote a new post, Fund Manager Asks:...
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In all that printing for decreasing population growth and outright declining demand…precious metals are simply the constant and debt the variable. In reply to - The Doc wrote a new post, Fund Manager...
View ArticleHambone posted a new activity comment
In all that printing for decreasing population growth and outright declining demand…precious metals are simply the relative constant and debt the ever increasing variable. In reply to - The Doc wrote a...
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Scary…I graduated from Oregon State as well but Poli Sci/History double major. Contacted professors at OSU and UO to discuss my work and they dismissed it out of hand. In reply to - The Doc wrote a...
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Really good article… seems a re-test of 1867 on the S&P 500 is imminent this week… What happens then is really important…as you can see, the Chinese government has given up on trying to prop up its...
View ArticleHambone posted a new activity comment
Really good article… seems a re-test of 1867 on the S&P 500 is imminent this week… What happens then is really important…as you can see, the Chinese government has given up on trying to prop up its...
View ArticleHambone posted a new activity comment
Really good article… seems a re-test of 1867 on the S&P 500 is imminent this week… What happens then is really important…as you can see, the Chinese government has given up on trying to prop up its...
View ArticleHambone posted a new activity comment
Really good article… seems a re-test of 1867 on the S&P 500 is imminent this week… What happens then is really important…as you can see, the Chinese government has given up on trying to prop up its...
View ArticleHambone posted a new activity comment
Still, due to negative demographics, debt, and derivatives, unlikely the Fed will allow the acute pain and depression that would ensue if “market forces” were allowed to set prices (not to mention the...
View ArticleHambone posted a new activity comment
Still, due to negative demographics, debt, and derivatives, unlikely the Fed will allow the acute pain and depression that would ensue if “market forces” were allowed to set prices (not to mention the...
View ArticleHambone posted a new activity comment
Still, due to negative demographics, debt, and derivatives, unlikely the Fed will allow the acute pain and depression that would ensue if “market forces” were allowed to set prices (not to mention the...
View ArticleHambone posted a new activity comment
Still, due to negative demographics, debt, and derivatives, unlikely the Fed will allow the acute pain and depression that would ensue if “market forces” were allowed to set prices (not to mention the...
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Sorry Peter – this isn’t about a single currency…it’s about all of them…here’s the short story, best as I can figure: Since July ’11 (US debt ceiling debacle), not just China but most natural sources...
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