Gold & a Rally for $40,000 By Year-End? Come on!
COMMENT: Marty, I wanted to express my sincere gratitude for your work. I lost more than half of my savings following the goldbugs. I saw the light and sold on this last rally you called would be a “pop”. You called the low perfectly and then nailed the very day of the high. I can see how they were after your model for it does this far more often than not. You have been the lone forecaster who said gold would decline, the dollar would soar, the euro would crash and burn and interest rates would collapse. It is all connected and thank you for showing me how the world truly functions.
I can’t wait to watch your Solution Conference. When I called for quotes on gold the day before the high, the pitch was no it was going to $40,000 by the end of this year. I said thanks. I am still a seller. I really do not know how these people are not in jail. As you said, if they were stock brokers, they would get 25 years in prison for such misrepresentations of everything. You did save my future, my marriage, my kids, and the cat. I prefer dogs, but I am the minority in my family.
Sincerely;
JG
REPLY: Forecasts that gold would rally in the last quarter of last year to $10,000 I heard. I did not hear they were now claiming $40,000 by the end of 2015. Sorry, but they have their head in the sand and refuse to look at the world or even contemplate how markets move. I have never seen something rise like that percentage wise. They just keep preaching this hyperinfllation without understanding what it even is. Glad you saved the family. Yes I too am more of a dog lover than a cat. To each his own.
All the best
Rothschilds – Fact or Disinformation to Protect the Guilty
The conspiracy promoters are just not satisfied with the fact that we are screwed and perhaps nobody is in charge to stop or push anything. The days of the Rothschilds owning banks and financing wars is old history, Yet to this day, they paint this family as behind everything. This to me is PROPAGANDA for they are not even on center stage. Hey, as long as the get people to blame them, the NY Bankers are free to bribes all they want and politicians are for sale to the highest bidder. Sorry – but the Rothschilds have been long out-classed by New York. That was 19th century.
No family is worth $500 trillion and the Rothschild do not own every central bank. This is just total propaganda that is the perfect cover for those who are really screwing society. This is the oldest trick in the book – kids play this game: I didn’t do it, he did. Or how about – “The dog age it.”
The Rothschilds will not benefit from war. Fine, they financed wars against Napoleon and used pigeons to beat the news of victory. Jacob Rothschild is 78 years-old and is chairman of RIT Capital Partners, and he warned their clients with total deposits of £2.3bn in trust a chilling message about global political instability.He warned that on top of a “difficult economic background” investors face “a geopolitical situation perhaps as dangerous as any we have faced since World War II”. He is absolutely correct.
Jacob also said this was the result of “chaos and extremism in the Middle East, Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment, in no small measure caused by a failure to tackle structural reforms in many of the countries which form part of the European Union”.
He does not own the central banks and we had under contract over $3 trillion at Princeton Economics in the ’90s. Nobody has ever come that close to what we advised on. Even now, we are still being called in for advice on portfolios more than 100 times what RIT Capital Partners controls.
What is happening is very interesting. We have more people abandoning the banks as advisers today than perhaps at anytime in my career. This has been because they have woken up to the new way of doing business – transactional banking where the clients are the target. The good old days of relationship banking no longer exist among the NY money-center banks. Those days are long gone.
Pay attention to the REAL players. This nonsense is a total diversion from the truth. While you are pointing fingers at the Rothschilds, the NY boys are counting their money.