The Comments on Gold
The comments have been pouring in on gold. To say they are interesting is to put it mildly. It is funny how both the gold promoters and the mainstream press actually respond in the same manner. Both desperately try to ignore the fact that our models just may have been an important advancement in the study of time and how things really function. It does not appear that either are ever really interested in helping anyone or advance one step in the game. They seem to both operate in the same manner to force their way of thing upon everyone else regardless if it is correct 0 they are both only drive by their self-interest.
The computer picked the gold pop for January targeting the week and the day of the high. You would think people might come to the conclusion that just maybe this model could have stumbled upon something since this is not an opinion. However, it just seems that it is far easier to assume the world is flat than to try to set sail around a sphere they cannot grasp even exists.
The implication of just the correct forecasts like this on gold go far beyond merely gold. What this demonstrates is that everything is truly connected. That means, if our computer models are correct, then a politician cannot actually run for office proclaiming vote for them and they will change everything. We are all just pieces of an interconnected world. That is the real implications of this forecast in gold. The sooner we realize that what Socrates has accomplished is the revelation that absolutely everything is connected. There is nothing that ever takes place in absolute isolation.
OMG – the most feared of all aspects C H A N G E!
I could have run to a beach and hide from the world. I was not looking to get back into hedge fund management or analysis. I held the 2011 Conference simply because they wanted to make this movie. So I agreed to do a conference. A former employee told me the industry changed. I would be lucky if 25 people would show up. Well we filled the Westin Hotel with just over 300 people and had to turn away over 300. It has been my loyal clients over the many years who have convinced me to come back. These forecasts are NOT my personal OPINION. They are not even my invention. They are the product of my DISCOVERY of time. For that reason only, my goal is to take this system public so that it survives me and from there perhaps knowledge will advance in a new direction. I promised our clients will get the first shot at the IPO. I will keep that promise when it is time.
COMMENT #1:
Hi Martin,
If the gold devotees are sure that you manipulate the gold market (if not also the whole markets and the world and its surroundings), why didn’t they shorted it when you said it is time for a decline to possibly 950$ ? They would have already made a fortune. Unless they shorted it or bought put options and made tons of money but don’t want to acknowledge it.
I bet anything, a pack of chewing gum for example, that they are going to be your first subscribers to the trading signals in november. Of course they will only consider the buy signals and discard the sell signals. But they are going to make money from them and stay hypocrits.
In 1971 (end of the gold standard), the world population was less than 3.5 billions; it is now 7.1 billions and the trend is upward. How is it possible to have enough gold for every country? Let’s suppose the USA adopt a gold standard ALONE (because they are the only ones on Earth who unserstand gold, helped by the gold promoters), then the whole world would be happy to send/sell its gold to Americans and the USA will end up quickly with massive inflation, this same inflation that the gold standard is supposed to eliminate.
Now the gold adorers don’t trust the government in managing the paper money. But it is more arduous to manage money when it is gold, because it is a natural ressources, It is like agriculture: we are never sure in advance of the quantity we are going to obtain. And who is going to manage this? The government! So the gold adorers are the cousins of the government devotees (the keynesians/interventionists).
COMMENT #2: Hey Marty,
I just wanted to say thanks for being the only one who has the balls to take on these scumbag gold promoters. They had me sucked in for a while until I could see something was wrong. So I sold my silver when it was $27 a few years ago.
It was not until I discovered you that I truly understood that selling my silver was the right thing to do.
These pricks make me sick and I chuckle to myself every time you give them shit in your blog.
Keep up the great work mate.
S
COMMENT #3:
The folks who are mad at you or the “manipulators” are completely schitzo. First, they should be upset with themselves, which I am. But then they should be pissed at the gold promoters and I won’t mention any names. I follow these gold sites just to gauge the interest and I will say that the interest
in gold is waning quickly.
Thanks,
TH
COMMENT #4
This gold essay was written when he was in prison.
I think it’s his best gold essay in an unbiased way.
Look at the graph where 1980 is the peak and 2016 is the bottom of gold.
He says ,”The next target happens to be 2016 that lines up with the purchasing power of the dollar. When we look at GOLD, hopefully you are starting to see, this is a very critical market to understand.”
COMMENT #5:
I used to be a gold bug, thank you for your blog.
Remember that immature girl in high school, how every little thing that happened to her meant that someone either hated her or was obsessed with her; who thought every teacher who ever gave her a bad grade was being totally unfair and everything good that happened to her was because of how amazing she was? Yeah, we’re that immature high school girl.
COMMENT #6
A great call by Marty. Not only did he pick the week of the high but also the day of the week of the high:
and
Can’t wait for this deal to go live.
Brussels Says Democratic Elections Mean Nothing
Nigel Farage reveals the stark un-Democratic European Union that rejects the right of the people to ever vote against them right on the floor of Parliament in Brussels. The comments coming out of Brussels are simply outrageous. They only see their own power and they know best when in fact they are destroying Europe with their Empire-Building in a one-size-fits-all. They will drive more and more people into the arms of Communism rather than freedom for they will not let their people even vote and when they do, they ignore those votes. This is not going to end well.
Australia – A Crisis in Confidence
Prime Minister Tony Abbott and Treasurer Joe Hockey
The Sydney Morning Herald has published a piece a reader has sent in from Downunder. The piece is all about how Australians have lost confidence in government. “Here’s what’s missing: trust. Not just between Abbott and his backbenchers, but also between Abbott and us. If anything, the leadership contest has made things worse.”
Our reader’s comment:
Hi Marty,
FYI, A great articles on CONFIDENCE in gov. It’s going downhill rapidly here in Aus. They lie to get in, then change their policy’s every couple months. Nobody wants to invest because of uncertainty. We are indeed in the deflationary spiral at the moment.
REPLY:
The confidence in government is collapsing around the world. Politicians have been so used to bullshitting the people and doing as they like just raising taxes as the standard of living continues to decline. When we turn 2015.75, this is going to be one of the deepest economic turns because government has simply reduced the disposable income of the masses. There is a collapse in investment in the West and we are seeing China where its investment externally will exceed internally. This will turn the heads of everyone to China as the West continues to see rising taxes as governments try so desperately to hold on to power as their empires crumble.
Meeting of Empire-Builders – Brussels v Moscow
While many are comparing Putin to Hitler who used the excuse he was uniting German speaking people, we have a clash between two empire-builders – Brussels v Moscow. My argument for dividing Ukraine was rather simple. It should have been a fundamental right for the people of any region to decide their own fate – not politicians. They see handing Eastern Ukraine to Russia as a dangerous precedent. Yet the EU has manipulated elections in Italy, Spain, and Scotland to defend their own empire-building. As Brussels has sought to add Ukraine to their empire, they have certainly inflamed Russian resentment. Once Brussels has provoked the bear, they find themselves defenseless against its claws. The EU cannot defend itself without the support of the USA for they have been lining their pockets with socialism that includes €400,000 tax fee salaries for part time jobs.
Pensions & BIG BANG
While I am a supporter of MATT TAIBBI at the Rolling Stone, his take on the Pension Crisis is really off the mark. Taibbi focuses on the fees being paid to hedge funds as robbing state worker pension funds. What he fails to address is that the taxes are rising on the Middle Class to pay for funds that were outrageously set up to begin with.
I worked without pay back in the 1990s to try to save Social Security by privatizing management. Had we simply invested when the Dow was 3500 back then, we would not be in the dark crisis we now face. What Taibbi fails to appreciate is there are places worse than Wall Street – it is called Pennsylvania Avenue in Washington DC.
In Australia, a major public company called us in to quote on managing the firm’s currency risk. We gave them a quote of a few million a year. They said they would never pay more than what the CEO earned. They hired a 23 year-old to manage the currency risk. He ran out and bought a Porsche assuming he was on top of the world. He was in an accident and spent a week in the hospital. He never bothered to check his positions. The firm lost $80 million that week. Having people monitor and manage a position of size 24 hours a day around the clock takes dealing teams in Europe, Asia, and USA. That does not come cheap.
Private management of pensions at least is far better than some funds with 80%+ in government bonds. With interest rates far below 8%, pensions are going insolvent everywhere. The entire idea of pensions is in serious trouble for as I have said before, politicians could not manage a bubble-gum machine. They would spend whatever came in and would then resort to theft to get a new supply to start over again. Milton Friedman worked intimately with government. We were friends because we agreed on this point. They were hopeless.
Part of BIG BANG is the collapse in pension funds, rise in taxes, civil unrest when people find the bubble-gum machine is empty, and a wave of defaults from Greece spreading like a contagion around the world. They are ALL broke – it’s just a question of when.
China Moving to Replace USA as Financial Capitol of World
A vital step in the shift of the Financial Capitol of the World moving from the West to the East, is becoming visible if you pay attention. Our model has revealed that the Financial Capitol of the World moves with the rise and fall of nations. China on the verge of becoming a net exporter of capital, it has already overtaken its Western counterparts as a primary source of credit for the developing world. And from this financial prominence, China will gradually exercise political influence that will shadow the United States in the decades ahead. We are at the dawn of a new era – the rise of Asia.
The monetary systems have come and gone. Nothing is ever permanent except change itself. With the rise in the concentration of capitol comes economic development. When I was invited to China by the central bank during the Asian Currency Crisis in 1997, I was given the full tour. Upon my return, I was asked about by meeting by US Treasury officials. My reply was rather simple – I told the they hired people only with experience. Everyone I met had not only printed out everything I had ever written, but they had sent their people to the West to work on trading desks. Then they returned back home to run the Bank of China. I was surprised they called me rather than an academic. When I got there and found I was in a room with people who had live trading experience, I was stunned. This has attributed to the rapid rise of China.
China will become the new Financial Capitol of the World as the West destroys themselves with raising taxes to fund impossible governmental consumption of wealth. The simple math shows the West cannot possibly survive the conclusion of this Private Wave in 2032. China uses and believes in cycles. The West believes only in a straight line.