Jake

(or a short term trade)

Platinum is just a sexy industrial metal rarer than gold. That's all. Industry is fu@@ed and no central banks keep it. Platinum may as well be history.

Van- I like you A LOT. But I would implore you to read around Gails site some. The cure for low price HAS BEEN low prices. Basic economics 101. But the future may not look like the past for reasons she well expounds. I haven't heard any $10 oil analysts. But I am neither an expert. You may be right re the next bull market. You have been right so many other occaisions. I read your posts with great interest and hope. Dr Bubbs, too. But I do think you both need a wider reading. Not just the short term. Tverberg is a good place to start, IMHO. There are some very thought provoking posts there. Plus she doesn't have an agenda to push or pay for. I would relish a rebuttal but so far there is little of substance. Only rear view mirror stuff.

I think oil producers need prices far higher than the simple cost of extraction. They have to pay taxes, salaries, investment for new sites and maintenance of existing infrastructure. The easy oil is on the decline and we have seen (Alaska, North Sea) reverse direction.if it isn't profitable oil will lack investment.

Or this? http://www.investopedia.com/articles/active-trading/020215/falling-oil-prices-could-bankrupt-these-countries.asp

https://ourfiniteworld.com/2016/01/19/why-oil-under-30-per-barrel-is-a-major-problem/ Van, what do you think of this?

Maybe. And till then renewables which will be a transitional phase until...what?

Doesn't production these days entail an average necessary price north of 100$ to be profitable for the companies bringing it out of the ground? Even at 80$/b producers will go to the wall, especially the frackers. Peak cheap oil is over. And we can't really afford the more expensive stuff. Maybe the Rothchild/Rockerfellers knew this when they bailed out of oil.

When we talk of " recover" what do you mean exactly? Back to 100+/b?

So the interviewer should ask him what he left out of his perfect biblical cycles in 2014 and'15 before salivating over the "dates" for the next big kahuna. That's the kind if info which would be useful. Don't get me wrong though, I like the basic thesis, just not the zeal. Jeff Christian, much hated by the gold community, has a better record and no subscription. Not that he goes in for cycles prediction or, if he does, he doesn't harp on about them.

So. The bible got it wrong in 2014, 2015. Will it be third time lucky in 2016. Or a case of "thrice thy denied me". I dunno. He doesn't really explain anything and the exuberance of the interviewer doesn't exactly fit in with Jesus' teachings. Also how can uk housing crash, bottom and then be a buying opportunity between now and June/July? Uk housing is like a HGV to slow down and reverse. The guy reminds me of Dent in that they are married to their theories. But their game is all about subscriptions. A guy like Van is a far safer pair of hands if you ask me. I like what Boloney has to say but I think he needs to chalk up a few points on the old IQ unless he is talking to the converted religios out there.

Is it? If "extra terrestrial" life boils down to a few single celled micro organisms, will that be satisfactory for the "disclosure" thesis?

The act of making new or secret information known- disclosure- isn't helped by half baked, unsubstantiated hocus pocus, is it? Where's the boeuf?

"Major General STUMBLEBINE". Rofl Dr Ram- chicken manure, worms and Bunny rabbits-he's having a laugh at your expense. "Dr" in what, I wonder? Delusions? Or silly hats?

It's a good crap name for a rubbish album. Or how about " Unicorns and Rainbows on Mars"? Or as JHK might say " Mars is full of Nougat". Lol!

I think it IS really hard to fathom the existence of structures, bases without any evidence. My kids say there is Santa and fairies at the bottom of the garden. It's a lot harder to prove it though. Personally I think it is BS, so prove me wrong. I'll be open minded when I have concrete evidence.

"There are machines under the surface of mars that you can look at, you can find out in detail, you can see what they are, where they are, who they are and a lot of detail about them" Ok. SHOW me the money. Don't just TALK about it. SHOW me. Or put a sock in it.

Didn't Neely say gold to $350 somewhere? That's near enough Prechters $250. We will have to wait and see, I suppose.

Btw the house they moved, a few posts up, in Orange county, seemed to be moving it from the downtown area to the suburbs...Doh!

"cars both made and destroyed Detroit" Insightful comment. Detroit sounds like a model for many places, yet unique also. Whatever happens if is going to be a lot smaller. Maybe they can reinvent the bicycle industry again? Too many poor, desperate people by the sound of it. And the weather... Salvage as many beautiful homes as possible, move them to other parts using the big roads. Or offer the city to retiring aliens and their spaceships can race along those expressways. Just don't waste any more money trying to do a makeover. The guy buying the downtown skyscrapers must be seriously rich and delusional. He should tune into JHK and smell the coffee. And for the rest of humanity, Detroit should remain a museum piece of how not to live.

I hope he is right but I doubt it. As he said it is all about timing. It seems there is sweet FA happening this year. Its April already.

Why did Detroit become a city in the first place? (honest question I don't know the answer to). It would seem to me that places without a reason to exist today will disappear as simply as they appeared. Well maybe not quite as simply. Destruction is far harder to take than construction. I have seen smaller towns in Japan disintegrate as their reason to be (exist) has disappeared. People still live there clinging to their 'roots' but really if a town is not growing-or maintaining itself doing what it has alays done, then it is simply a matter of time until the weeds win out. Maybe Detroit will revert to what it was before the automobile industry. In fact I think a lot of places will revert to whatever their reason to be was. ie a major city which was once simply a fishing port will become a simple fishing port again.. Towns built up by a river running through it will revert to becoming a natural place to do agriculture and wash ones clothes. Good places will be natural, old market towns which have provided, wey hey, a market for outlying villages. They will be defined by their geography, topography, walkability, transport etc... So about 150 years ago what was Detroit?

3 years is nothing. The situation is worse than before. Just some string pulling going on. Zero rates and money forced into houses and stocks. I dont think 2011 was 'the' top, just 'a' top. But I was forced to cash out some and buy a house which has since gone up in 'value' as gold has crashed. I was lucky. But that could easily be reversed. So I am not smiling. Maybe Ian Gordon needs some re-reading or maybe Precher was right and it is a case of cash now then gold later after it all crashes. Or maybe just keep on with the physical, chip chipping away. Same with the dollar. Same with silver. Just rack and stack 'em all up. Has debt peaked yet? No it is getting worse. Same old same old. I'm just glad we haven't had any aliens show up. Looks like Japan is slowly going tits up. But slowly is the operative word. 3 years is nothing...

Sorry, wasn't meaning to sound aggressive but on second reading I understand your reaction. Tokyo? Well, I don't know if that's a good idea either. I mentioned HCM city after good reports.

So, What do HK buyers want? Spurting volcanoes, thousands evacuated monstrous typhoons, dangerous floods, poor maritime record (a Nation of islands), a woeful lack of disaster information, a hinterland of shantyesque abodes and a few dangerous Muslim groups knocking around just for good measure. All they need is some alien Disclosure and we are rocking. Maybe HK buyers just want to ignore all that and focus on the promise of rental yields?? And infrastructure in the pipeline, excuse the pun. "Pie" in the sky, perchance?