The News UNIT

This is my personal arrangement to provide a useful format for discussing and disseminating breaking news and information. Opinions posted here are not necessarily my own. If you are offended by wide open discussions of news, life, politics and religious things, and God's word, kindly get out of here NOW. At times sources quoted here are suspect at best. I try to make sure they are correct, but I do err at times. Comments by readers are theirs alone, I may or may not approve of their opinions.

Wednesday, January 1, 2014

Only invest a SMALL AMOUNT in GOLD and SILVER

The GOLD and SILVER Cookbook

Who's cooking up these METAL RECIPES Jim?

CLICK RECIPE TO ENLARGE

A RECIPE for SMOKED GOLD and SILVER BULLION

Jim Comiskey: Is this your recipe for the muppets?

What is stacking? Investing? Hedging your stack? Of all the COMMODITIES this GOLD and SILVER shit is really getting ridiculous. You never hear this about oil, natural gas, wheat, corn, oats, soybeans, cocoa, coffee, and other commodities. It's only this unusual fetish over GOLD and SILVER. Jim Comiskey asks this question:

"How is it that people (muppets) can accumulate metals and they keep getting smoked and you got central banks the world over scooping it up all over and yet the price continues to be suppressed?"
--Jim Comiskey

Come on Jim. You work in Chicago right by the Chicago Board of Trade and the Chicago Mercantile Exchange. You don't know what's going on? You do know what's going on. Is this entertainment?

Jim Comiskey makes no sense here. I'm wondering about this information being presented now because I'm even starting to see real analysts who work in firms dishing out unusual information. Jim has a history of videos when silver was falling from around $40 down to where it is now below $19 and he's always said "Keep stackin'."

GOLD and SILVER is a collection

GOLD and SILVER product and coins whether bullion, numismatic or otherwise is none other than collectibles. As Ben Bernanke pointed out they are not money but they are a tradition. When President Nixon removed the nation from the gold standard what was created was unconstitutional money. And some how this became law through the Federal Reserve Bank, and all manner of IRS enforcement besides. Tricky isn't it?

So what's the verdict on GOLD and SILVER? I don't even think they are a useful gauge of market conditions anymore. I think it's all a big mess in the markets. The best thing to do is to trade stocks. Go long and short and just basically gamble. This GOLD and SILVER isn't a gamble at all because no one ever cashes out. At least at a real casino you cash out. Some people don't do that either but I do. I always cash out. Cash is not trash! :-)

I think if you own physical GOLD and SILVER you might want to CASH OUT and go play a local slot machine. You'll find that your cash is much safer in physical form than in those other elements on the PERIODIC TABLE known as Au, Ag, Pt, and Pd. It's even safer in the banks of the banksters.

Metals are a currency that cannot be debased? Are you serious! What are you talking about? The metals have been getting debased all along. What is this you're saying Jim? Who are these people anymore? What am I missing here? This is both strange and beyond unreal!

Dude I don't want to put you in the same stack with the stackers and pumpers. Maybe you can clarify all this nonsense? I'll leave it up to you.

I will say this much about this stacking: The prices are looking more reasonable but the returns on the DJIA, NASDAQ 100, and S&P 500 are much more positive. Would you agree?

Suppose the SHTF SCENARIO happens

Those of us who have any interest in the financial solvency of our country, especially those of us who are actively involved in financial monitoring probably watch CNBC, FOX Business News, or some equivalent market news feed of one form or another. But this YOU TUBE COMMUNITY is full of questionable suspects (many of them traders) who have been dishing out odd information now especially over the last 4 to 5 years.

So suppose we have a FINANCIAL COLLAPSE in America. What about it? Perhaps the markets fall 20% or so. Is that a financial collapse? To some it might be to others it's just a buying opportunity. Same goes for this GOLD and SILVER. To some it's a buying opportunity, to others it's a loss, to others it seems like a religion of sorts. To me this is all one big casino.

The Wall Street Casino

To me it's like walking into a casino. I wouldn't play craps, roulette, or Omaha Poker. I would only play things that I know or at least have a fraction of understanding to give me a better chance at a positive financial return. And there's only one good button on slot machines known as CASH OUT.

Actually the Wall Street Casino is somewhat safer at the moment. But with increased high frequency trading algorithms and advanced computer trading systems I think that entire platform is going to become increasingly difficult. I would expect in just a few short years the markets are going to increase with what I'll call such HYPER-VOLATILITY that it will be next to impossible to trade without some attendant software to think for you. Then it's time to go back to the casino and play poker.

How about that CASH TRASH?

Have you ever heard that CASH IS TRASH? Who told you this? G4T? Maybe one of his associates? They are all chasing the U.S. DOLLAR together and they want more of your dollars.

If you believe cash is trash then you can send me a LOVE OFFERING via the DONATE BUTTON on the top left of this page. I'd love to stash your trash for you.

Do I love money? Nope. But I like it. :-) I can do things with it in this present evil world. So I'll recycle your trash for you and make it useful. Go ahead---make my day.

The straddle to nowhere

And what's with the hedging and straddling this physical stack? This is basically an investment that goes nowhere. It's like buying 1,000 shares of IBM stock and shorting 1,000 shares of IBM stock at the same time.

I just searched for some old articles about this STRADDLE POSITION and now I'm finding more missing videos. WTF Jim?

http://thenewsunit.blogspot.com/search?q=straddle

The News UNIT's 2014 prediction

S&P500 to 2014 and beyond

At the risk of being wrong I'm going to make a prediction for 2014 and here it is:

You are going to see GOLD hit $800 and SILVER dip down below $10. And what does that mean? It means absolutely nothing because the DJIA, the NASDAQ, and the S&P 500 will continue to make RECORD HIGHS the entire year. Don't be surprised to see the DJIA at 20,000 very soon.

In fact I'm going to call the S&P500 going to 2014 and beyond for 2014. How's that one? Think I'm wrong? I'm not an analyst but you don't really have to be to figure this one out:

The fact is there are WINNERS and LOSERS

I do agree with many of Jim Comiskey's rants however some of his sources come from the PRECIOUS METALS PUMPERS so I have to discard that information. My own conclusion is we have a complicated market where LONG and SHORT positions are playing a never ending tug-of-war with each other and creating an environment where the word INVESTING is now obsolete. Let me describe it this way:

It's a HYPERACTIVE and HYPER-VOLATILE MARKET that is simply a large CASINO run by what appears to be the BANKING SYSTEM. The advanced computer algorithms have now created a real monster. It's not for the timid.

Invest in U.S. DOLLARS instead

The greatest pyramid scheme in history will continue:

...developing...