Loading ...He sez gold good for $1600.00 ! Where was he when it was $260.00? He sez buy AEM at $72.00 where the hell was he when it was $12.00 ?What a lunitic !He’s no leader ,he’s a follower.Whats changed ?Why have his handlers suddenly changed coarse,could it be the markets are making him look foolish being LATE to the gold party…
WEll I have another scoop on Cramer…A DOLLAR DEVALUATION …A TWO FER. Two will buy what ONE used to…coming soon…
Cramer is a fraud…a front man for the boyz.
JS is the real deal.
Never the twain shall meet.
IMHO
Maybe J.S. can enlist the help of Creamer to answer those e-mails now that he’s a full blown $1600 oz. goldbug. 
$5o oil and $5 wheat again in a reasonable time period? I most certainly agree….especially with wheat. There’s one damn thing the US farmer is really good at…..overproduction. There are millions of acres of CRP land that can be put back into production immediately if needed. Around here, paltry $4o per acre annual payments have a lot of guys ready to give up the payments and go back to farming. This attitude will bust the hell out of the wheat market in a very short amount of time. All the best.—–aggie.
The council in question is Woolongong (south of Sydney) and its all true according to the Crime and Misconduct Enquiry!!!
While everyone is focused on gold and silver at the present time, I thought it would be a good time to go back and see how our good friend Platinum is doing. Platinum may have just finished putting in a nice, tiny little bull flag on the daily chart. It is definitely a small flag formation but in a move like Platinum is having, sometimes that is all you may get. I have been practicing playing the parabolic spike in Platinum, trying to stay in the game as long as possible and getting out as close to the top as possible. These are some of the hardest moves to play and if Platinum is in a parabolic move up then it is possible that gold and silver are not to far behind. The momentum is so strong in this type of move that the pullbacks are very shallow. That being the case, I have place a sell stop 25 points under each days low, giving it some leeway, hoping that it would not get hit. It worked perfect until we started to chop around our current high. The chopping action took me out the other day but in so doing we have carved out a possible BULL FLAG formation that if it is a halfway pattern, which most flags are, then the price objective of 3000 is in play. I will re-enter this theoretical trade on a close above the previous high on the flag, around 2190.
The reason I’m bringing this up is because we could very well find ourselves in the same situation with our gold and silver. They say practice makes prefect so I’m going to practice because these vertical moves are rare and one doesn’t get many chances to participate in such a move.
This spike in Platinum should have a very positive influence on gold and silver and if Platinum is in a parabolic spike then gold and silver will probably be in one to. If you look at gold and silver from a fairly long term perspective you can begin to see a near vertical move taking place, especially on gold, as it has been rallying longer than silver.
I have labeled the 2 price objectives for Platinum on the long term look to show what still may lie ahead. The price target at 2500 was the doubling of our lower channel and the 3000 area is the BULL FLAG price objective. May of this year looks like a likely time frame for all this stuff to come together in one final spike high that should usher in some type of correction.
We seem to be in an area where people are beginning to recognize that something is up with inflation and there is no more hiding the fact that everything is going up in price. We are in some kind of inflation spike right now, that if you can recognize it early enough, one can take advantage of the situation. These spikes are rare and don’t last forever and if one plays his hand right, you can make more in a very short time span than you might make over alot longer time frame. To fear the market is to fail, to take advantage of such situations is to be successful. Play to win from a position of strength and you will do just fine. That means you will buy weakness and sell strength when the time is right. These next 3 months may give us a clue as to what might be, when we really get into the parabolic end to this bull market. Previews of coming attractions?
All the best…Rambus
Many large PE firms give cush assignments to former politicians. Cerberus - named after the three headed dog who guards the gates to hell - is the the recent buyer of Chrysler from Mercedes and GMAC from GM (so far….both are doing very poor), Cerberus had Dan Quayle as their Chairman for awhile. They basically paid him to shake some hands, open some doors and call and influence some politicians if needed. I suppose he technically was part of management of Cerberus - but he really managed nothing. I doubt they even let him decide what was for lunch. Fly to New York for some board meetings…make some introductions…shake some hands..peddle a little influence..and he was probably paid well and got a small ownership interest in the deals they did during his reign. Most of the very large pe firms have James Baker, Dan Quayle, Bush family members, etc etc. somewhere on the org chart.
South African gold stocks.
For private equity firms…and the Carlyle group could be different…but here is the typical structure:
The actual “private equity firm” itself is owned by the founders, managing directors and other officers of the firm. Mitt Romney is an example - he was a co-founder of Bain Capital - having come from the management consulting side of the business.. I will call this group “Management”.
Management basically is where the big money is made. If the PE firms buy company xyz - most of company xyz is actual owned by the “investors”. The investors are mostly pension funds, insurance companies, sovereign wealth funds, endowment funds, foundations (think Ford, etc). Whoever has big money - they invest in these deals. The investors generally own most of the company - but they usually do not have significant voting rights. Management gets the voting rights.
Management rarely puts actual “hard cash” when they buy company xyz . They get a stake from 10 - 50%..kind of a sweat equity….The investors put up the dough and management brings the deal, runs it, finances it, etc and gets a significant ownership stake. Management also gets: upfront fees (as high as 10%..sometimes..usually less) upon the initial acquisition, montly or quarterly management fees (kind of an oversight fee), a cut of the profits (a cut of free cash flow or something), performance fees…and upon the sale of a company - exit fees. They basically get fees coming and going. It is not actually there money they are investing…the money is is mostly the endowment fund at Harvard, Calpers, TIAA (Teachers), etc etc. If you look at the 10 or 20 large PE firms….you will find the actual investors are common institutions or state pension entities you would recognize.
I just don’t understand why he makes that type of commitment…if anyone can’t “get it” from his posts…a call or an email won’t cure their problem. Seems a waste of his time and effort.
BTWDIK
I have 1229 emails to read. J. S.
my take…. knock it off … get a life.. why on this earth do people need to pelt the sinclair computor with questions. .. and i bet mostly these e-mails are on the silly to stupid side. please tell me if i need to sh###t or go blind LOL sorry for the blue language
when he says let me hold your hand.. most folks must think they need to then grab his life… when just a little reading , study, and awareness would solve the problems .. just my own humble opinion..
but in the real world we find that some have trouble pizzing in a boot… or finding that the door is open just turn the knob..
Interesting tidbit :
Calpers is a part owner of the Carlyle group..
The American Ruling Class (2005)
http://imdb.com/title/tt0455906/
I was really surprised when I saw this on cable on-demand. Watched it. Pretty good, esp for sheeple to see. They even get all the way into JB’s office and chat. Set up fake students at yale, get them jobs at GS. They even cover the evil of inflation and the printing press power. I’d say a few people sacrificed themselves to get this made.