Posts by Robert Vaughn10

Egon von Greyerz hits the nail on the head once again:

http://www.24hgold.com/english/news-...on+von+Greyerz

"...outside the jurisdiction..."

S&P 500:26211
A 9,000 point jump in just 19 months?
You have to wonder what we were waiting for for nearly a decade to see this kind of stock market performance, and what specific variables shifted to trigger such an unnatural vertical climb. On the flip side, commodity and precious metal prices remain generally quite low. In a few years, we’ll see how the price ratios between equities, commodities, and metals shake out. Still, I want to highlight mining stocks for precious metals. For instance, Rick Rule believes they could see a significant rally as early as this year. When I combine his outlook with what Michael Pento has said, I can say with great confidence that now is the time to buy—including some miners. We've officially crossed a major psychological threshold...

"1351 USD per ounce of gold.😉"

Amanda Allen4 said:Are you actually suggesting that one could trade gold for a cash equivalent that far exceeds its actual market value?

Since there is always liquidity floating around somewhere—as anyone with half a brain knows—it is entirely plausible.

Quantitative easing—the supposed "economic stimulus"—works in mysterious ways.

Edward Robinson34 said:When it comes to gold and silver, it's strictly about the physical assets, man. Some sort of paper derivative just doesn't cut it.

Actually, paper is definitely on the table.😉

Lisa White10 said:Utility comes down to one thing: cost.

Silver conductors are basically a myth at this point. It makes sense—silver’s conductivity is only about 5.6% better than copper. Why bother?
Silver batteries have become a niche curiosity too. They used to be more common, but newer tech pushed them out, even though they offer 30-50% better performance.
Silver halides were once the gold standard in photography. Again, a different technology took over—specifically CCD sensors.
It's the same story everywhere.

Nothing is irreplaceable.
No one is indispensable.

If there's an obstacle to using something, a substitute will always appear. Even if it means sacrificing quality.
And price? That's usually the biggest obstacle of all.

Jim Rickards, who suggests a 10% gold allocation, touches on industrial applications and hints at where silver prices should head:

https://www.silverdoctors.com/silver...or-golds-ride/

And yes... the higher the quality of the substitutes, the more necessary they become.

Lisa White10 said:Oh, please, Robert Vaughn10.
Stop burning fuel just to cater to big corporations. Try actually reading what people are saying with a bit of common sense.

Silver costs six times more than copper, yet only offers a 6% boost in conductivity. So, math tells us you'd need to use 6% more copper than silver just to match the resistance.

Because of that massive price tag, nobody uses silver for wiring. It basically priced itself out of the market.

Maybe spend some time actually studying what Keith Neumeyer has to say...

https://www.google.com/url?sa=t&rct=j...Alphabet Inc.

Amanda Allen4 said:Gold and Bitcoin both hold intrinsic monetary value—and while neither functions as a traditional currency, they both serve as money that can be traded via digital transactions. Gold holds one specific advantage: if our entire communication infrastructure were to suffer a total collapse for whatever reason, gold won't simply vanish. However—and this is a massive "however"—it isn't worth much if you don't have it physically on hand at your house; if it's just sitting in some institutional vault, what good is it?

In a scenario like that, neither gold nor Bitcoin would be worth much—certainly far less than a shotgun with a full box of ammo. I certainly hope we never reach that point, though, because my gold is stored quite far from my home😁.

In the United States? Come closer🤣
and let me answer you. You want to live. All five of you do. Most people haven't even given precious metals a second thought. Still... I have analyzed this deeply ingrained premise, and I must say, there is a specific circle of people who believe that gold and silver essentially equal a total collapse, or that the idea of "paying for groceries with gold and silver coins" is a delusion. Regardless, let's look at the objective, effective reality. The situation is simultaneously more refined and, in a way, simpler. Help yourselves while there is still time. An ounce of silver is roughly $33.
Typically, these monetary resets—and in this case, the devaluation of the dollar—are "prepared" more than two days in advance. You are dealing with a banker, gentlemen. They are true masters and can certainly concoct a combination. Just recall the news about zero Silver American Eagles being sold. If a banker is behind it, and we established long ago that money is power, one could conclude that gold and silver, as millennia-old stores of value, are reasonably safe in a bank.
Bitcoin? It needs to stabilize a bit first. As for me, go ahead; I think it will go quite well, and as I mentioned, one should seek that winning combination of electronics and physical assets. Hashgraph was mentioned, for instance. Interesting to me.
Regardless, up next on the program...

"Revenge of the sit"

Lisa White10 said:That doesn't actually change anything. Silver cables? Please. That's just pure snake oil used to justify overpriced audio gear.

Just stop using silver then.😉
It’s a high-value metal across multiple industries.

Amanda Allen4 said:Is this actually "real" stuff? Is there even such a thing as "unreal" assets? If I need a product or a service, I see value in both—I don’t see any reason to draw some arbitrary line between them.

If I decide an expert consultant's advice is worth my money, I’ll pay for it just as readily as I would for a physical product. It's simple logic: if it provides utility, it's worth the cost. Anyone else would do the exact same thing! We are all participants in a single market, and right now, the market price is the only metric that matters when determining what a good or a service is truly worth.

So, trying to differentiate between gold and Bitcoin by claiming gold is a "commodity" while Bitcoin isn't? That is complete nonsense. Neither gold nor Bitcoin are government-issued fiat currencies, yet both can be swapped for them whenever necessary. Just because they aren't state-backed doesn't mean they aren't money.

Look, you can literally buy real estate with Bitcoin:
http://bitcoin-realestate.com/property/3123-2/

Every product and service has its buyer. Just watch those ratios carefully if you want to actually make it happen. No shade intended; good luck with that.
Especially the Bitcoin crowd. There are definitely some parallels here...
Sure, anyone smart enough to pull this off could come out ahead, and if they do, good for them.
However, I have a casual question: personally, I think people might get burned. Why introduce Bitcoin futures at all? Imagine the price of Bitcoin skyrockets. "Certain people" might feel the itch to go short. Say, from $90,000 down to $70,000, followed by a new accumulation phase, then another drop. A person might think they've hit the dip, only for a "bank" to push the price further down while they're stuck in a short.
Four years, and some claim the six-year bear cycles in precious metals teach their own lessons...
Silver is a physical commodity—both a monetary and industrial metal. It's the best conductor on the planet, and demand is only going up. Meanwhile, the sellers are disappearing.😉

dustyheron5 said:In case you weren't aware, both of them have been blowing the whistle on a crypto bubble since the entire market had a market cap of just $12.5 billion—which, frankly, was peanuts. I can't emphasize how insignificant that amount was.

Now, we are sitting at $600 billion. Is it possible we are currently in a bubble, or could we be looking at a 10x move? Only time will tell.

But returning to gold—while those two prominent investors were busy criticizing the "metallurgy" of crypto, they were essentially laughed at by Mike Malloney, James Turk, Andy Hoffman, Doug Casey, and a whole host of other gold bugs. You can probably imagine the reaction...😉

All five of them. To be precise.
Peter Schiff commented on Bitgold ages ago, but only recently claimed Bitcoin will crash by 90%. Bold claim.
How long has Doug Casey been in crypto? About four months...
Mike Maloney sold off some Bitcoin to move into silver quite a while ago.
Andy Hoffmann? I wouldn't be surprised if he pivots back to silver... how could he not? Bix Weir wears a gold hat, for instance... and his play is a mix of silver and Bitcoin. And so on.
So, this isn't some higher level of wisdom; it's just obvious when you look at their timing and their buy/sell selection.
We'll find out what happens, as always. But I'm finally starting to grasp that deep-seated thought regarding real commodities. I missed the boat on Bitcoin. The mental block was too strong. Obviously, you'd make much more if you knew how to exit properly. I remember the thought crossing my mind, but who would have guessed one Bitcoin might actually fly toward tens of thousands...
It's easy to be smart in hindsight.

dustyheron5 said:It’s exactly this kind of behavior that landed him on my blacklist—and I actually wasted money on two of his books. He's honestly worse than those aggressive door-to-door telecom salesmen out in the suburbs.

He's even worse than Kingworld News. 😵

As for metallurgy—metals—I suspect they'll wrap up this year with a gain of roughly 20%. It seems obvious now that inflation is starting to catch up with everything.

Fair enough, we should respect different perspectives and different paths to the same conclusion, but I find this guy highly reliable. My interest in his track record goes back to 1998. His call on Trump caught me off guard; I was genuinely surprised. But this part is worth noting:



The man is an expert. Besides, there's an upcoming big panel on gold and Bitcoin over at Kitco. Jim Rickards, coming from that "finance" crowd, argues that the crypto bubble is destined to burst. When you look at the context... it just shows how little he understands about gold. I'd say his grasp of it is at a level five, if not level six.
Even Peter Schiff shares that skepticism regarding Bitcoin—a man who was preaching about gold and stock market failures back in 2002. He didn't jump on the "crypto bubble" bandwagon immediately, but he's firmly committed to it now.😉

Edward Robinson34 said:Honestly, if it weren't for the sales tax on silver, buying would be a total wash. You pay it when you buy, then you pay it again when you sell... it just makes the whole thing completely unprofitable.

So, you're basically trying to peel potatoes with a toothpick. A strategy that sounds brilliant on paper is a complete disaster in practice. You can't even start peeling if you don't have the potatoes in the pantry to begin with.

The legendary Bill Gross has repeatedly signaled the end of the U.S. bond bull market—a run that kicked off back in 1981. It’s hard to argue with that.😉
Negative interest rates? And suddenly, after four months? Just as a major coalition was formed in Germany and the Euro/Dollar exchange rate hit 1.22. Given how the Dow Jones has been pumped to an effortless 25,803, you really have to question the context and the indicators.The Dow/Gold ratio tells a completely different story, especially looking back at the trend since 2001. Aside from the last couple of years, the Dow has been falling against gold. This recent upward spike is a classic trap, quite obvious when you look at the multi-decade movement of the dollar. To wrap it up: gold has been climbing steadily since New Year's and is already sitting at Brexit value... currently $1,335 per ounce. Eric Sprott, who has voiced his "slight skepticism" more than once, is forecasting a quick move to $1,400. Jim Rickards has joined him, insisting gold is firmly in a bull phase.
Silver isn't reflecting this uncertainty yet, as there hasn't been much volatility; it's sitting at $17.33 per ounce.
In this climate, it's the ideal metal to choose... particularly for someone in my position here in the States.

"accumulate"

A quick update. Regarding the USD-EUR pair...
The behavior over the last month has been quite peculiar. Such low volatility for an entire month? Could we be seeing the Coiling Effect? Late last month, we were sitting at roughly 1.19 per euro before sliding just below 1.18. Now, it’s creeping back toward 1.19. Definitely worth keeping on the radar.

"load it onto the truck"

A few thoughts on the current state of play...
If you haven't started paying attention yet, you’re already behind on the evidence. Cryptocurrencies are on the move. As they climb, I can't help but recall Mike Maloney mentioning Hassgraph. It’s a compelling concept. I’ve argued before that if a sustainable solution exists, we need it—but the real challenge lies in global integration. How do you unify everything on a planetary scale? And more importantly, how does the banking sector fit into that equation?😉 Expecting crypto to see a massive surge, perhaps even an irrational one, in the coming months seems reasonable. Peter Schiff, however, remains convinced this bubble is destined to burst. Jsnip is also worth watching here, given his tendency to lay out the crypto cards quite transparently. We shall see. That said, buying physical assets remains the logical move, and it’s certainly not too late to look at mining stocks either. Not by a long shot. The ultimate scale of the crypto bubble—and its eventual collapse—will dictate their future role, but as far as precious metals go, a bull market is clearly on the horizon. I’ll point back to The Economist 1988 once again; it remains a fascinating read.

"stack accordingly"

The Federal Reserve went ahead and hiked rates. It’s funny how a 5% jump didn't seem to matter much before, yet now everyone acts like a 0.25% move is some monumental event. Meanwhile, they're recalculating inflation metrics, and Trump is already promising massive tax cuts starting in February. Honestly, moves like that are exactly what will keep most people glued to their stocks for a while. Bitcoin's momentum should also feed into this sense of misplaced euphoria and security. If the Dow Jones keeps up this pace, could we see it hit 10,000 points within 18 months? We'll see. At the very latest by summer 2018, precious metals ought to be on a significant upward trajectory.

"low and too low inflation rates"

Jim Rickards' engines are humming:

https://dailyreckoning.com/markets-u...ment-shutdown/

We'll see how this plays out...
The focus shifts toward crypto over the next few months, potentially lasting through May. The price target? Some are calling for $50,000. That’s a decent haul, assuming you exit at the right moment. I should note we're looking at a parabolic move here. Gentlemen, you could stumble quite hard; make sure your wallets are ready. Good luck...
And one more thing—don't expect that same volatility from gold. At least not in a few months where it swings wildly up and down. That would be foolish.😉
It also poses a risk if your positioning isn't backed by the right currency or if your timing on entry and exit is off. Silver, for instance, requires a bit more finesse. To put it simply: now is the time to buy silver. Period. Buying at levels north of $100 an ounce seems questionable to me unless your exit strategy is flawless. Keep in mind that bankers are clever; they'll manipulate things within the mainstream. A possible scenario: swinging from high inflation to real deflation, and then backtowardhyperinflation. If so, he'll be spot on.
Stay informed:

"there is no fever like gold fever"

Regarding the Federal Reserve raising rates, it's worth noting that the inflation expectations scheduled for November 30th haven't been released yet.

http://www.zerohedge.com/news/2017-1...-erupts-senate

Before we take a look at today’s calendar, we wrap up with other data releases from yesterday. In the USA, the October PCE core was in line at 0.2% mom and 1.4% yoy, but note the prior reading was revised up 0.1ppt and recent momentum looks stronger with the 3-month annualized rate now at 1.9%

Why no announcement? Just asking. Given the revision, the current annual value sits at 1.9%. While useless for November without further data, this would certainly give the Fed enough ammunition to hike rates. Meanwhile, the Senate passed Trump's tax cuts yesterday. This inevitably raises deficit concerns. We'll see how that plays out, but according to Jim Rickards, the deciding factors remain December 8th and whatever happens with those inflation expectations.



If you ask me and Mike Maloney, nobody actually knows the exact sequence of moves here. There are too many unknowns surrounding the mid-December window. Regardless, I'll note the Dow Jones industrial average at 24232.

On the other hand, Europeans have signaled strength with low inflation forecasts and solid growth rates. This could push the dollar toward 1.25 against the euro, or perhaps even hit Rickards' target of 1.30. There are plenty of variables, but then again, oil is already at $63. You can't expect much economic momentum at these levels across all indicators. We are waiting for a tailwind—a weakening reserve currency to boost commodities. And things can get messy under the surface. I wouldn't go as far as saying things are falling apart, but you read some wild stuff on American forums. Now? Not quite as much, but knowing bankers and remembering those stories about zero sales of US Eagles...

"still waiting."

Melissa Sanchez17 said:The chump literally just copy-pasted his own text from back in 2014.

https://dailyreckoning.com/3-very-re...cial-collapse/ 🤣

Might be worth checking the inventory levels at CME Group.

"conducting physics"

Jim Rickards outlines potential triggers for a crisis—one of which might act as the single snowflake that sets everything in motion:

https://dailyreckoning.com/waiting-for-the-avalanche/

"And even in the lowlands, the flurries will fall, gradually turning into snow."