Galt’s Gulch

I have a comprehensive list of websites I check every day for informative, value-added articles. Below is a timely, abbreviated list of articles that are worth reading, in my opinion.  I will try to keep this as fresh as possible.

This Bull Market In Gold Could Be The Longest/Strongest In History – Palisade Radio

Goldman Sachs & GOLD, Gentrificaiton, Prince’s Will, Phony GDP data & MORE! – Kennedy Financial
Moving To The Post-Paper, Post-LBMA Era – SGTReport
Imminent Crash To Far Exceed 2008 – $2000 Gold Coming – Palisade Radio
Gold Cartel Serves-up HFT / Short Issuance Shit Sandwich During Comex Trading – The News Doctors
We Are In The First Inning Of A Major Bull Market In Gold – Palisade Radio
Paul Craig Roberts On Greece, U.S. Militarism and the Middle East/Ukraine – The News Doctors
Etai Friedman: The End of the Debt Supercycle – Colossal Market Crash Ahead! – Palisade Radio
Gold Bull Market Spanking Permabears – Welcome To Dystopia Episode #16 – The News Doctors/Wall St For Main Street
Russia’s Foreign Policy: Historical Background – Sergey Lavrov, Foreign Minister of Russia – The News Doctors
Silver Eagles Flying High: Interview With Smaulgld – The Daily Coin
Mike Durose: Gold Is A Negatively Correlated Asset Class – Palisade Radio

18 thoughts on “Galt’s Gulch

  1. No, offense, but aren’t those sources a bit like asking a barber if you need a haircut. Embry was probably screaming Gold to $5,000 back in 2011. Eric Sprott said gold is gonna fly because the Chinese are buying. Perhaps.

    But even if the Chinese DOUBLED their purchases you could have investor dishoarding since the stock to flow ratio is 65 to 1. I was sad to hear Eric say that if the Chinese bought that much wheat the price would rocket. Yes, but wheat is a bit different market than gold!

    Why if you believe in gold and silver would you want the price to go UP? You want the price to perpetually DECLINE so as to exchange fiat for tangible money. I will pay someone to explain that to me.

    Yes, I think certain miners are cheap, But there is too much screaming about gold going higher than real fundamental cause and effect analysis. I think, for example, Sprott, Inc. is an example. Eric Sprott gets booted from his own firm (managing money) AFTER a 98% decline in the miners. Where is the contrarianism?

    I think the noise, hype and lack of solid analysis is difficult for a new investor to gold and silver to gain a true understanding of the market.

    Frankly, if I was BULLISH I would want to read about why gold SHOULD decline in price (US Dollars) to hear the OTHER side of the trade.

    1. Everyone is entitled to their own opinion. I created the page to post articles that I thought were timely, informative and of the truthseeking variety.

      I present, you decide.

    2. excellent……….and ,as long as there is manipulation,only the manipulators
      have the knowledge of when and where

  2. IF YOU ARE AN INVESTOR FLUSH WITH FIAT, AND THE PRICE OF PM WENT DOWN, SURE YOU WOULD BE HAPPY TO BUY MORE AT CHEAPER PRICES.
    HOW LOW DO YOU WANT IT TO GO. THE PRICE WILL BOTTOM WHEN IT BOTTOMS, NOT WHEN YOU WANT IT TO BOTTOM.
    THERE ARE OTHERS WHO ARE NOT FLUSH WITH CASH AND ARE CURRENTLY 100% INTO PM & MINERS. I ASSURE YOU THAT THESE FOLKS DO NOT WANT ANY FURTHER DECLINE IN THEIR INVESTMENTS & WOULD BE QUITE HAPPY FOR GOLD & SILVER TO GO UP AT A HIGHER RATE THAN THE TRUE PACE OF INFLATION SO THEY CAN BETTER AFFORD TO PUT FOOD IN THEIR BELLIES & GAS IN THEIR TANKS.

    1. The price of gold and silver will go up when decides that it’s time to take it higher. I’m not talking from like $1200 to $2200. I’m talking about from $2200 to $22,000.

      1. Agree. We won’t be talking about a rally. We’ll be talking about “bid without” and there will be a lot of societal turbulence occuring in parallel.

  3. if gold arrives at 10k to 22k per oz….you will also need to have invested in ‘lead’…..for the chaos that will ensue , will overwhelm the entire planet…as is the agenda of the’ masters’…who think and plan to be the last standing….imho

    1. LOL. Already invested in plenty of “lead.” Agree with your assessment. I think unrest will occur in widespread basis well before gold gets to $22k

  4. As a holder of PMs since 1999, I have come to realize that it is more important to get out of the city than to hold everything in metal. A few acres with water, paid in full, much lead and a shovel will sustain. PMs will be there for the rebound. High desert Western slope transplant.

  5. We constantly read that if gold were to go to $5k, $10k, $20k or $50k per ounce the world would be turned upside down. The world is upside down at present and I submit that another 180 degrees would be a refreshing turn of events. When one understands the breadth and depth of elite meme lies and the extent to which our monetary system has been debauched then $50k gold seems far more realistic than the currently manipulated and suppressed number. I’ll take my chances and vote for an upside down world compared to the present freak show.

    1. I thought the argument we keep hearing is that gold shoots the moon, making all fiat debt instantly payable and very small in comparison to this newly repriced asset that every one of the industrialized nations supposedly holds in large sums. A debt jubilee, if you will.
      That some elites wish to destroy some populations should not be in doubt, and there will be chaos, if that is the wish of the elites who end up on top. I think much of the current unpleasantness is jockeying for membership at the top of the heap.
      The whole system is entirely designed by and for the benefit of a small elite group, thus the design is completely arbitrary, but the outcomes are controlled. The biggest problem with the current system is that it is designed not merely for the rich to be richer, but to deliberately make life worse for those on the bottom of the stack………………why would they want that, and where have we seen that before?…………
      All central banks should be seized by their host countries, whose fiat they control, because the banks are demonstrably bankrupt. (instead we have seen banks seize national power in the EU- throwing out elected officials) Why should any nation guarantee the losses incurred by private central banks? Why should they use a private fiat at all? There are still good reasons why it was forbidden by the US Constitution.

  6. Polonius in Act I, Scene 3 of Hamlet. Polonius advises his son Laertes before heading back to school.

    Neither a borrower nor a lender be;
    For loan oft loses both itself and friend,
    And borrowing dulls the edge of husbandry.
    This above all: to thine own self be true,
    And it must follow, as the night the day,
    Thou canst not then be false to any man.

    I cannot say that I am well versed from The Bard, whoever in reality he may have been. But this quote has always rung true to me.

  7. A thousand pieces of silver and a dream will always take you farther than a fist filled with paper and a nightmare.

  8. Well, after 15 years of holding, I finally had to break down and sell that 1000 pieces of silver to pay bills. This economy has been terrible on we builders and I am afraid the retirement money is all gone. What does one do when he is in his 60s and never qualified for unemployment and not yet to SS food money? I myself still have the dream but things will have to shake pretty damn soon. At least I can look out my window and see the original Galt’s Gulch. Maybe time to dust off the gold pans.

  9. Dave,
    I just subscribed to your SSJ. I did not get a screen to create a user name and password.
    Can you please help with this. Thank you.

    1. Hey Greg – I got the Paypal notice. I’ll be sending an email to you from ShortSellersJournal@gmail.com
      shortly. It’s not a website based subsription. It’s a weekly journal-style report that I will email to you
      on Sundays (I’m going to try to shift that to Saturdays now that football season is over).

      Let me know if you had trouble downloading the initial issue, which is this week’s report.

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