SILVER

Japan Poops the Bed

by John Galt July 29, 2016 00:20ET The drunk squirrel used to headline this story has nothing to do with Japanese Monetary Policy. Nor does the pink haired Japanese chick. Or do they? From the Bank of Japan minutes ago (via Reuters): BOJ eases policy with modest increase in ETF buying The Bank of Japan expanded monetary stimulus on Friday through a modest increase in purchases of exchange-traded funds (ETF), yielding to pressure from the government and financial markets for bolder action to spur growth and accelerate inflation towards its 2…


The Mogambo Guru Returns: The Law Of Cosmic Imperative

Thankfully, after a brief absence, the brilliance of the Mogambo Guru is writing again. The insanity of our world and markets should generate some awesome commentary from the Guru in the months ahead.-JG The Law Of Cosmic Imperative July 20, 2016 By: The Mogambo Guru Where have I been? I admit I was cowering, like the spineless little weasel that I am, in the Mogambo Secret Temporary Bunker (MSTB), which I cleverly constructed in the living room using an overturned couch and some strategically-placed cushions. That’s where I got an email…


If China’s Big Mama’s are Buying Precious Metals, Why Aren’t YOU?

by John Galt July 17, 2016 21:45 ET The “Big Mothers” in China are buying gold in much larger quantities because they expect global instability and currency rate disruptions No, no, no, not that Big Mama, more like the women shopping here: The truth is astonishing as this story tonight from the South China Morning Post reveals: Hong Kong hits the jackpot as mainland China’s ‘Big mothers’ hoard gold amid troubled times Excerpt: Chinese customs data released last week showed imports from Hong Kong to the mainland increased in May mainly…


Gold is Poised for a Major Breakout This Week

By John Galt May 8, 2016 08:30 ET After weeks of consolidation, the breakout and weekly close above the key $1280 support level on a weekly basis indicates that monetary stresses in Asia, Europe, and North America are becoming more severe and that this new move in gold as a flight to safety is indeed being validated with each leg up. The weekly chart also confirms the volume supporting this move and as illustrated in the daily chart below, despite attempts to sell the monetary metal below support, there are enough…


$1294.90

by John Galt May 1, 2016 19:05 ET Gold closed on Friday with a price of $1294.90. Why is that significant? Because it should alert any sane person that a long term trend line has been broken but more importantly, the three month consolidation and base building period is now over. First a little chartistic charsima courtesy of gold: Way, way, back when Jim Cramer was telling us it was still safe to own Bear Stearns, the precious metals markets experienced a similar consolidation and decline following a rally above $600…


04.27 23:05 ET: Bank of Japan Screws Yellen, TAKES NO ACTION!

by John Galt April 27, 2016 23:05 ET Japan has elected to maintain its current levels of funding with rates and stimulus unchanged. Kuroda basically just told Janet Yellen to go fawk herself. The Japanese Yen just soared against the U.S. Dollar on the announcement (screenshot via BloombergTV): The candlestick on the 1 minute chart via NetDania was even more impressive: Meanwhile in the U.S., S&P and Dow futures, well, shit the bed on the announcement: Everyone knew something was up when Kuroda delayed the announcement but to see this type…


The Fed Goes Full Retard Leaving Investors Totally Befuddled

by John Galt April 27, 2016 22:30 ET James Grant summed up today’s FOMC meeting better than any other talking head today (via Bloomberg-TV): “They remind me in the aggregate of the most novice of novice retail investors” That actually sums up the Federal Reserve Open Market Committee quite nicely. What did they say today to trigger this response? From the Federal Reserve website: Press Release Release Date: April 27, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in March indicates that labor…


02.11 U.S. MARKETWATCH: It’s going to be a Bloodbath if S&P 1780 Does not Hold

by John Galt February 11, 2016 05:30 ET With each new day, a new crisis in deflationary acceleration occurs and thus markets retreat closer and closer to danger levels which could trigger massive crashes. Today’s headlines are no different: Swedish national bank, the Riksbank cuts rates FURTHER into negative interest rate territory from -0.35% to -0.50% The Japanese Yen has risen further against the USD now down over 400 pips to 111 since last night Gold is up over $20 as everyone appears to be abandoning fiat currencies and returning to…


01.08 WONTONDEATHBURGER Marketwatch: Will They or WON’t they? 20% decline or 20% Rally? Run Kitty Run…

by John Galt January 7, 2016 19:50 ET So tonight begins, the first episode ever, of the Chinese Stock Markets without their safety vest and life boat, allegedly. UPDATE 20:33 ET: ALL IS WELL, IT’S NOT CAT, EAT ALL YOU WANT, IT’S A BUFFET! UPDATE 20:05 ET..RUH-ROH: Of course stale leftover stocks could really, really suck. Heading into the Asian markets tonight, here is where we are at: Japan’s Nikkei 225 is a wrong, wrong way away from 20, 000: However it is only down 1.08% as of this posting so…


01.06 BREAKING NEWS: CHINESE STOCK MARKET STOPS TRADING AFTER 30 MINUTES 7% DECLINE

by John Galt January 6, 2016 21:07 ET Breaking live on all financial media now. CHINESE STOCK EXCHANGE CLOSES AFTER 30 MINUTES OF TRADING AFTER HITTING 7% LIMIT DOWN THRESHOLD The headline from Bloomberg says it all: China Stocks Halted for Rest of Day After CSI 300 Tumbles 7% And here is the chart of the flatlined Chinese Stock Market from tonight’s brief session after the 15 minute trading halt then crash: Meanwhile U.S. stock futures have taken a steep dump after the news: Gold is on the verge of a…


01.05.16 World Stock Market 1/2 Eaten Deathburger Watch: Burp! Shanghai Burgers are Getting Old

by John Galt January 4, 2016 20:50 ET Ugh. No sleep again and here we go again. With US futures gaining no traction after the market close as demonstrated below (chart updates automatically courtesy of FINVIZ): Up only around 3 points now means that down is now the new up and bearish means we’ll rally back to the bottom part of the trading range and everything will be okie dokey. Or not. Meanwhile these Tweets from Bloomberg’s David Ingles indicates all may not be well in the land of the Communist…


2016 JohnGaltFLA’s 60 Insane Predictions: The Year of The Big Suck

by John Galt December 30, 2015 20:00 ET I know, I know, we didn’t die. The world is still here, semi-contained bloodbaths now called regional conflicts instead of “wars” continue to spread, the internet is still working and I have not decided to retire (yet). Does this mean 2015 was a great year? Not for the 15% of the population still on food stamps, anyone who believes in the U.S. Constitution, or any way shape or form a fan of my Tampa Bay Lightning (we was robbed). This must mean 2016…


The Dollar Surges, Gold is Broken, and the Fed is Screwed

by John Galt November 30, 2015 20:20 ET Let’s start tonight’s rant with a musical memory from waaaaaayyyy back in those good old days almost identical to the time when the Federal Reserve controlled all the gold and thought they know what the hell they were doing: Nothing like the top song from 1937, “Sing, Sing, Sing” by Benny Goodman. Now go to the mezzanine and pick up your favorite pack of Lucky Strikes from the sexy girl near the entrance. Meanwhile, as the Federal Reserve careens over the cliff, just…


08.26 Asia and U.S. Deathburger Marketwatch: Will the Carnage Continue?

by John Galt August 25, 2015 17:25 ET UPDATED 21:10 ET: And just as I praised the Kiwis, the NZ-50 goes negative. Who do they think they are? The Dow? Meanwhile in Australia, Japan, and South Korea things are starting to look as confused as US markets: Australia S&P/ASX 200: Japan’s Nikkei 225: South Korea KOSPI: UPDATED 18:30 ET: And for some strange reason, the Kiwis are drinking the Kool-Aid as the New Zealand NZ-50 is up on the open! They must be smoking all that wool, no other explanation. ——————————————————————-…


Chinese Central Bank fails to Stem Further Stock Carnage as Shanghai down 3.42%

by John Galt August 20, 2015 05:15 ET The PBOC is losing its mojo. Despite a now two week long effort to stem selling in the Shanghai SSE and by extension dissuade selling in Hong Kong of Chinese shares there, the equity markets continue to plummet with the Shanghai markets down 3.42% and Hong Kong Hang Seng’s index down almost 2%. Shanghai SSE: The rally in the morning failed as the lip service paid to the market failed to impress and the market ended down almost 130 points. Meanwhile in Hong…


You Deserve to be Eaten by a Zombie IF…

by John Galt August 17, 2015 20:45  ET Just Sigh. I get older, you get older or at least some of you seem to, and we witness a new generation of “zombie” preppers and survivalists emerge preparing for the apocalypse as if they ever had to face Soviet missiles about to obliterate everyone they know in town. Sigh. Instead of the USSR because so many of the younger prepper think that is just a cool t-shirt now, I thought a modernized version of analyzing those who will or deserve to die…




03.26 Gold and Oil Surge on Yemen Conflict

by John Galt March 26, 2015 05:00 ET Needless to say that old barbaric metal must be popular in the Middle East as an insurance policy against economic destabilization. As the news about the size and scope of the Saudi offensive into Yemen became public knowledge overnight, precious metals surged in response: Meanwhile WTI Crude is up over $2.00 per barrel as of this posting: Stay tuned as this conflict has the potential of spreading far and wide throughout the region thus ending the bear markets in these commodities and altering…


11.14 TEOTWAWKI Radio Show: November 2014 Polar Vortex Edition

by John Galt November 14, 2014 20:30 ET The polar vortex has taken over. I’m battling  it as hard as I can down here in the primitive swamp areas of Southwest Florida as you can see. I’ve gone to the grocery store this summer while beef was cheap and slayed my own bone in rib-eye. Oh the brutality of having to share this information with my northern listeners. Did I mention deflation yet? Tune in for more…. To listen click on the link below at 9 pm ET which for those…


11.07.14 TEOTWAWKI RADIO SHOW: Don’t Panic! Gloatfest is Live, Live Live!

by John Galt November 7, 2014 19:55 ET Do not panic. Do not adjust your sets. The Voice of Galt Radio Network via JMR is live tonight. I’m here, I’m gloating, and I’m broadcasting live tonight so please refrain from kissing Liberian Ebola patients unless you’re married to one and already infected. You may now return to TMZ or whatever the hell you watch/do until I start broadcasting in just over one hour. To listen click on the link below at 9 pm ET which for those of you who voted…


10.10 TEOTWAWKI RADIO SHOW: The world is crashing and I’ll I want is a New Respirator for Christmas

by John Galt October 10, 2014 17:30 ET Yup, the bars near Wall Street are worried now. Of course Ebolafest 2014 continues its US tour, oops, I didn’t get clearance from the CDC to say that so nevermind. Since I am departing on Tuesday leaving the wife to guard the palace, I must do one more show should the world end between today and next Friday. If you don’t like the show, please email me so I can not reply. If you do like the show and have not tested positive…


10.03.14 TEOTWAWKI RADIO SHOW: Everything You Don’t Want to Know About Ebola (But your Government won’t tell you)

by John Galt October 3, 2014 17:25 ET This prediction is 100% solid and can not be refuted nor avoided by anyone who listens to my radio show: We are all going to die. Welcome to ground zero, patient zero, the zero hour. So if America takes a hit from this, who really wins? Let’s try to analyze this tonight before our heads explode (for real) and the news makes our eyes bleed out (for real). To listen click on the link below at 9 pm ET which for those of…




The Latest from the Mogambo Guru: To Brace Or Not To Brace, That Is The Question

  August 18, 2014 By:  The Mogambo Guru   I was not at my personal best that morning, I admit it, but neither was the rest of the family, and making Freudian slips, while still early-morning groggy, are easy to do.     As I was to learn, everyone is all upset that I accidentally called the kids “stupid Earthling carbon units” instead of referring to them as “my wonderful, darling children,” which I admit I reflexively did NOT do because they are neither wonderful nor darling, but are instead some…


The 8 Phases of an American Ebola Outbreak

by John Galt August 18, 2014 22:00 ET The bell curve pictured above is not a quantitative measurement of current events and only acts a partial estimation of how an outbreak of Ebola within the United States would occur in various phases, some of short duration, others much longer. The estimations below are those of the author after researching the current outbreak and lack of coordinated world wide response to the threat. The color code is to indicate severity of each phase with red obviously indicating the most severe period while…


08.08.14 TEOTWAWKI Radio Show: Natty B and John G discuss Ebola, Economics, and Wars Everywhere

by John Galt August 8 2014 20:15 ET Natty Bumppo (Bobby from Just Measures) is going to join me on the air tonight to talk about the following: Hamsters Iraq Ebola Iran Israel Hamas Russia Ukraine War Japan China Embargoes Gold Silver Worldwide Stock Markets China Japan OR maybe just smoke cigars and shoot the breeze as we watch the world burn. To listen click on the link below at 9 pm ET which for those of you who voted for Obama is 8 pm CT, 7 pm MT, and 6…


08.08.2014 World Equity Markets Expecting a Virus Filled, Warfare based Volatile Day

by John Galt August 8, 2014 05:45 ET If one thinks today will not be volatile or wild in the world equity markets, check out this quote of the 10 year US Treasury at 0530 this morning, courtesy of CNBC: And here is the live chart (delayed 15 mins):   US equity futures are down across the board and the snapshot from Europe is ugly also (from YahooFinance): Although the DAX has bounced off its opening lows, it is still down 1.04% as of this posting and poised to stay in…


What to Expect when Ebola or Other Contagion Hits the US Mainland in Large Numbers

by John Galt August 4, 2014 19:40 ET The current Ebola scare in New York City may well turn out to be another false negative or buried report with those “possibly” infected suddenly vanishing into isolation wards on military bases around the region but the question has been raised all over the internet earlier this afternoon: What IF this is the big one? By the big one I interpret that to be a contagious, highly lethal disease with a 60%+ mortality rate escaping the control of the government and spreading across…


Guess What Was the True Flight to Safety Today: Gold or Stocks?

by John Galt July 17, 2014 17:10 ET That stupid barbaric metal which CNBC continually has guests on to slam did not do bad with a plane being shot down over war-torn Ukraine and the start of ground war between Israel and Hamas it seems that stupid shiny metal demonstrated why it is still the universal currency and the actual definition of SAFETY during times of political and economic duress. Meanwhile in stocks, the S&P 500 was SLAMMED as soon as the warning sign “RISK OFF” started to flash: Gee, what…


Mogambo Guru: The Horrible Laugh Of The Damned And The Doomed

June 11, 2014 By:  The Mogambo Guru I can hear the family gathered outside, banging on the walls of the Mogambo Bunker Of Paranoid Hysteria (MBOPH), demanding that I unlock the door, come outside immediately, stop acting like a crazy person, and at least pick up the empty pizza boxes that I threw out into the yard, because the neighbors are complaining, and it looks so tacky, and blah blah blah. Well, the neighbors may be complaining to each other about a few colorful cardboard boxes festively strewn randomly about, decorating…


04.04.14 – LIVE The TEOTWAWKI Radio Show with John Galt – Markets, War, and Appeasement

by John Galt April 4, 2014 17:15 ET   The NASDAQ took a NASdump. The Dow was HFT’d to some degree of safety or was it? Government agencies throughout the US at the state and Federal level are announcing faux investigations of high frequency traders until they are given campaign contributions to go away or warned to stop by the Fed. The President and Secretary of State have surrendered to the following nations (not in any particular order): 1. Russia 2. China 3. Palestinian Authority 4. Syria 5. Iran 6. Afghanistan…


The Mogambo Guru Speaks: The Big Mogambo Financial Supernova (TBMFS)

  by John Galt March 24, 2014 23:39 ET Uh-oh. He’s back with some serious wisdom about what is happening, via his own blog, MogamboGuru.com: The Big Mogambo Financial Supernova (TBMFS)   March 21, 2014 By: The Mogambo Guru The kids are suddenly big experts on “income inequality” since it has become the issue du jour lately, and are loudly whining and wondering why I have money to spend while they do not, which they consider completely unfair. As usual, they were not impressed with a loving father (me) taking some…


TSHTF Inflation

  by John Galt March 21, 2014 20:15 ET 20 cans of Tuna? Check 100 MREs? Check. 20 bushels of Corn? Check. 2 rolls of pre-1964 ‘Junk’ Silver dimes? Check. 400 rounds .22 LR? Check. 500 rounds .223 ammo? Check. Sounds like a nice stash of survivalist/prepper goods to start with doesn’t it? I could continue on with the list but it only begins to belie the myth that sadly so many members of the prepper community believe to be their ideal that they are 100% prepared for the collapse of…


We are One Headline away from No Gold or Silver Availability

  by John Galt March 6, 2014 20;30 ET Imagine waking up one morning to any of the following headlines: “27 Russian Soldiers killed, 108 wounded in firefight with Ukrainians; Russia retaliates by Bombing Military Bases Throughout Ukraine” “Chinese Navy Sinks 3 Japanese Naval Vessels during Invasion of the Senkaku Islands” “Russians and Chinese flood Bond Market with over $500 billion in U.S. Treasuries Crashing Market; President declares a Bank Holiday” “Israel attacks Iran Destroying 12 Nuclear Facilities; Hezbollah launches 1000 Rockets into Israel in Retaliation, Tel Aviv Hit” The panic…


Flexcoin Bitcoin Website Shut Down after $600,000 Hack Attack

  by John Galt March 5, 2014 05:55 ET Not even one week after the Mt.Gox controversy and bankruptcy, another Bitcoin website has been attacked and shut down: From Reuters: Bitcoin bank Flexcoin shuts down after theft Bitcoin bank Flexcoin said on Tuesday it was closing down after it lost bitcoins worth about $600,000 to a hacker attack. Flexcoin said in a message posted on its website that all 896 bitcoins stored online were stolen on Sunday. “As Flexcoin does not have the resources, assets, or otherwise to come back from…


Tonight at 9 pm ET I will be a guest on GLPVC to discuss the Financial Crash that has Restarted

  by John Galt January  28, 2014 05:30 ET Tonight at 9 pm ET I will be a guest on Godlike Productions Voice Chat with my good friend Natty Bumppo from Just Measures Radio where we will be discussing the deteriorating economic situation and shortages in precious metals along with fielding questions from the audience. To listen to the program, all one has to do is click on this link to find all of the streams and links to the chat room. That’s right ladies and gentlemen, a special DOOMER TUESDAY…


1/17 On Just Measures Radio: The Truth about the Collapse of the Watchmen Radio Network

Update 1/18/2014: To download the Pathfinder Program discussing the evidence, arrest, ,and final disposition of what really happened, click on this link.   by John Galt January  17, 2014 05:31 ET You get a 2 for 1 special tonight… At 8 pm ET, Cope, Natty, and myself reveal the truth about the collapse of the “Watchmen” as the problem we kept quiet about finally exposed itself to about 40 years to life. At 9 pm ET, I expose the government racket being fraudulently promoted by Obama and his regime regarding the…


FRIDAY THE 13TH TEOTWAWKI Radio Show: The Economic Survival Show for 2014

December 13, 2013 16:00 By John Galt As this Friday the 13th show of horrors sneaks into reality, then comes the disaster known as 2014 and a new series of economic mistakes which will destroy your future, America’s current mythological bull market, and leave politicians and banksters crying for rescue once again. Or they banksters might just say, send out the tanks to the streets this time. Please join me in the chat room to discuss the day’s events and listen at 9 p.m. ET  at the link below:   Just…


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