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Profile and commentaries of ranbotrader
ranbotrader
Member since May, 2012
Followed by 0 memberFollows 0 member
35 commentaries, with 9 Replies
2 replies to his comments (6%)
Average Note : 77 / 100 for 31 rated commentaries  92  27 
Last commentary posted on Thursday, May 02, 2013
 
 Profile Commentaries Followed By Following 
 Jon Matonis - The Monetary Future
Bitcoin and the Rebirth of Financial Safe Havens  (2)
I don't know a heck of a lot about the Bitcoin revolution but I have foreseen 'computer credits' replacing physical money for 30 years. Everybody I have ever discussed this with has laughed at the concept but you have to see it coming. Maybe a closer look at biblical prophesy might be in order as it looks familiar to what is beginning with the Bitcoin revolution. But don't expect it to stop there as we all sa...
5/2/2013 at 8:54 AM  0  2  Rating :  -2 Permalink
 Julian D. W. Phillips - Gold Forecaster
Better "Safe Haven" ? Switzerland or Canada?  (1)
Having your government arrive at your home and demand your gold or any other investments is a worry for a number of countries. The old adage about what's mine is mine and what's yours is mine too comes to mind. I for one do not trust greedy governments which mismanage their economies, pay their cronies and hanger ons huge amounts of money and generally waste taxpayer money. You know full well that sooner or l...
4/27/2013 at 2:09 AM  2  1  Rating :  1 1 AnswerPermalink
 Alasdair Macleod - Finance and Eco.
Physical gold vs paper gold: waiting for the dam to break  (13)
Thanks for this article Alisdair. I have been thinking along the same line for a while and see the paper traders as the price setters but also realise that the physical market is much removed from the paper traders who at some time will be caught with their pants down. I also am hoarding. Its only common sense not to put all of your eggs in one basket and in a world of zilch returns on anything and unlimited ...
4/27/2013 at 1:58 AM  1  0  Rating :  1 Permalink
 Jan Skoyles - The Real Asset Co
The US is moving to a gold standard  (10)
Totally off topic Samking73 but I'll bite.

I understand that the second amendment gives citizens "the right to bear arms". This was enacted at a time when people needed a gun (not a machine gun!!) to defend against hostile others and wildlife and it would have been a tough existence. I don't see too many New Yorkers walking around with rifles in the street these days.

The second amendment doe...
4/26/2013 at 1:23 PM  1  6  Rating :  -5 2 AnswersPermalink
 Jan Skoyles - The Real Asset Co
The US is moving to a gold standard  (10)
Given that you can't even get gun laws changed in the US, even with the (latest) massacre of children, what hope do you have of getting a gold standard through....unless it benefits the well to do. If that is true then it will happen.

Personally I find it hard to believe that the money printers of the world are not having the value of their currencies slashed. Maybe the traders are holding up the inde...
4/26/2013 at 2:53 AM  1  6  Rating :  -5 1 AnswerPermalink
 Jesse - Le Café Américain
World Production of Silver and Gold Ratio  (2)
Great graph but where's the story? So is more gold being found or less silver being found? And what about the physical silver in the various storage outlets? And maybe the annual consumption of silver in the world today as well as a historical comparison?

All of the above put the graph into context. THIS IS WHAT IS NEEDED.
4/24/2013 at 8:30 AM  1  0  Rating :  1 Permalink
 Toby Connor - Gold Scents
Dollar Decline Confirmed  (4)
So what do you expect will happen to the value of property in the US when this happens? Also, how might other currencies fare against the US$, for instance the British Pound and Australian dollar? Last, is is worth stocking up on a bit of gold?

If one has some idea then maybe one can prepare?
4/21/2013 at 8:27 AMPermalink
 John Rubino - Dollar Collapse
For Gold, Friday's COT Report Is Huge  (6)
Good story John.

What you left out is that the "commercials" and "J.P. Morgan" are mainly the mega wealthy in society and their representatives who believe that it is their right to manipulate everything from politics to wealth distribution. And of course these people are of the opinion that it is their God given right to do behave so illegally and of course who is going to stop you when you own the ...
4/21/2013 at 8:22 AMPermalink
 Chris Martenson
Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks  (7)
Well written Glyn. Of course you are correct that buying physical silver and gold is the way to go. If everybody did this then the supply/demand relationship would work fine and the traders who have to deliver at the end of the day would not be running the show. The day this happens we will find that we all get a knock on the door to hand over our physical bullion.
4/18/2013 at 2:46 AM  2  0  Rating :  2 1 AnswerPermalink
 Chris Martenson
Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks  (7)
Great article Chris. What you demonstrate is that when you own the game the rules do not apply to you. Just like those with power and influence can frequently influence the courts and buy absolution for criminal behaviour so governments and their cronies at Central banks and big business can do as they like. I had a recent experience at a state government White Paper meeting to modify local council requiremen...
4/18/2013 at 2:41 AM  1  0  Rating :  1 Permalink
 JS Kim - Smart Knowledge U
Governments Worldwide are Implementing Orwellian Gold Confiscation Today. You Just Haven  (10)
Nice article. Plenty of examples.

Whilst I agree that governments and their banker friends are not to be trusted I find some of the analogies suspect. Trying to tie the poor in New York to bankers is not in the ball park. The reason that the poor in the US are poor is because 90% of the nation's wealth is held by 1% of the population. This is not because of greedy bankers. It is because big busines...
3/10/2013 at 6:08 AM  1  0  Rating :  1 Permalink
 Julian D. W. Phillips - Gold Forecaster
A Change is Coming – 2013 & Onwards – Part I  (6)
Billygreenjeans: Sorry my friend but whilst I agree with most of what you state you sound better suited to living in the jungle and clearly have no understanding that human beings are creatures of higher intelligence and compassion. The 'its all mine' belief is a myth perpetuated by those who live a life devoid of human compassion and devoid of the love of God.

I feel so sorry that you are of the op...
11/18/2012 at 10:24 PM  2  0  Rating :  2 1 AnswerPermalink
 Julian D. W. Phillips - Gold Forecaster
A Change is Coming – 2013 & Onwards – Part I  (6)
Although I agree with much of the text money printing is not the answer to solving anything as it just puts off the day of reckoning and it robs savers (retirees) of the ability to live.

If you want to talk about government workers not having enough money to sustain their families then this is as good a reason as any to tax the rich. But then the wealthy have the perception they they should not contrib...
11/17/2012 at 12:02 AM  1  0  Rating :  1 1 AnswerPermalink
 Alasdair MacLeod - Goldmoney
The free market’s slow death  (6)
Whilst your comments are totally correct Alasdair the population is often to blame as there is demand for cheap products, cheap services and cheap credit. Governments in many cases are the messengers but of course they go far beyond their mandates because they can.

The fact that greed and business go hand in hand has become an acceptable practice and those who have their fingers in the till and who ma...
10/29/2012 at 11:12 PM  1  0  Rating :  1 Permalink
 Dan Dontrose - The Fundamental View
China’s Days Of Coming To Gold’s Rescue May Be Numbered  (6)
It is unusual to have a negative view of gold on this site. nice to get a balance.
10/19/2012 at 1:47 AM  1  0  Rating :  1 Permalink
 Richard Benson - SFGroup
Einstein's General Theory of Investment  (16)
You should have taken another quote from Einstein: "there are only two things infinite, the universe and mankind's stupidity, and I'm not sure about the universe.

You have correctly identified the forces working against investors. Governments live dream that they can take everything a citizen owns and it appears that this may in time be a reality and that we will return to medieval times where corpora...
10/5/2012 at 1:22 AM  5  0  Rating :  5 Permalink
 Peter Schiff - Euro Pacific Capital
The Fed Plays All Its Cards  (11)
The current game is a dangerous one and it is not just the US which is involved. Whilst nations needs to balance the books printing money will lead to the destruction of retirement savings whilst nations who are debt laden avoid the real repayment of that debt to its creditors. I believe that the word dishonesty best describes the current behaviour. Such are those who govern us.
10/4/2012 at 12:20 AM  3  0  Rating :  3 Permalink
 Ted Butler - Theodore Butler
The arguments against silver manipulation  (12)
An individual who steals goes to jail. A corporation which does the same thing has no case to answer if it has enough money and influence. It is clear that JP Morgan is protected by Washington and that it can do as it likes whether contrary to the law of the land or not. Such is the case when you own politicians, better known as accommodated corruption in other parts of the world.
10/2/2012 at 12:47 AM  20  0  Rating :  20 Permalink
 Louis James - Casey Research
G. Edward Griffin on Saving the US from Totalitarianism  (5)
The American problem happens in many developed countries. The greatest problem of governments believing that they know it all (the king's new clothes syndrome) is that voters only understand 2 flavours and will generally not vote for independent candidates.

Of course this is related to the huge sums of money which pours in to bolster the vested interests of big business. Independents don't stand a c...
9/18/2012 at 12:34 AM  2  0  Rating :  2 Permalink
 Richard Mills - Ahead of the herd
The Global Infrastructure Investment Deficit  (1)
"....private firms, despite having piles of cash...".

The reality of life is that money is funneled into the bank accounts of big business. Perhaps it is time to make big business and the wealthy pay tax and to reduce the huge pay packets of CEOs, sports stars and entertainers so that the public good gets a bit of oil. We all know that big business and those who have wealth believe that it is all thei...
9/2/2012 at 2:43 AMPermalink
 Gary Dorsch - SirChartsAlot
The Fed's Radical QE Policy is on the Chopping Block  (5)
It strikes me as strange that anyone could argue that Wall Street should be left alone when scandal after scandal keeps happening. Wall Street was what brought on the GFC and not one of the culprits who defrauded the rest of the world has ever been brought before the courts. Worse still, having secured bail out money from the US government, Goldman Sachs which claimed that it was on the brink of bankruptcy the...
9/2/2012 at 2:30 AM  4  0  Rating :  4 Permalink
 JS Kim - SmartKnowledgeU
The Top 3 Rules to Understand About Gold & Silver Price Behavior  (15)
We are all waiting for the fat lady to sing. Then we'll all understand if people are being conned by those who seek to profit from their long positions or if the truth is being told.
8/29/2012 at 7:13 AM  1  1  Rating :  0 Permalink
 Sean Rakhimov - SilverStrategies
Silver Sector Shrinking  (8)
Pardon....Je ne parle francaise OWS.

I own shares in a number of mining companies and have made losses on numerous occasions. One needs to understand the gambling nature for this end of the market, especially in small explorers, start ups or producers who are marginal. The bigger players like BHP can produce some nice dividends though.

You reference to government intervention applies mainly ...
8/28/2012 at 2:37 PMPermalink
 Sean Rakhimov - SilverStrategies
Silver Sector Shrinking  (8)
An interesting article Sean. There are always 2 sides to a story and you have taken the investors' point of view. We have this view in my nation as well. Investors always want maximum profit and have the "its all mine" state of mind. This ignores the fact that resources belong to the nation which permits miners to dig them out. Yes a return on capital is expected but no it is not all the property of the min...
8/28/2012 at 1:40 AM  1  1  Rating :  0 1 AnswerPermalink
 Mish - Global Economic Analysis
Part II - Robots to Rule the World? Taking All Jobs? Replace Women?  (2)
Sorry to disappoint you but back in the 1960s we were told that automation would give people more leisure time to enjoy themselves. Not only has this been totally false but there is little or no money for this because the big end of town figures that all that money is theirs and certainly is not going to share it around. God forbid...I am sounding like a socialist when I am really a capitalist.

So wha...
8/23/2012 at 11:40 AM  1  0  Rating :  1 Permalink
 Chris Martenson - Peak Prosperity
What to Do When Every Market Is Manipulated  (6)
What you are stating Chris is that we live in a corrupt system which is not accountable because they own the game. At the same time small players like you and I are quite likely to be prosecuted for what are even minor misdemeanors so that the 'integrity' of the justice system appears to be in tact.

Dealing from the bottom of the deck is legal if you own the casino. Those with power and the right co...
8/18/2012 at 2:33 AM  3  0  Rating :  3 Permalink
 Andy Sutton
We Still Don’t Get It  (9)
A frightening picture. But then in the US not all are doing it tough and not all are living off borrowed money. In your naration Andy you might want to mention the top 1% of Americans are doing quite nicely thank you very much. It is this bunch which control banks and own governments, who do their bidding. I believe that Warren Buffet is on record as saying that he pays less tax than his secretary.
8/18/2012 at 2:00 AM  5  0  Rating :  5 Permalink
 Ted Butler - Butler Research
The War on Silver  (27)
A great article Theodore. I realised that crooks were actively supported through the political system when JP Morgan, credited with bringing on the GFC, escaped Scott free with not one single person charged despite threats from the president and the world economy ending up in a heap. One has to realise that crooked business has political allies whom they 'own'. Perhaps this is a problem with the electoral sys...
8/17/2012 at 2:41 AM  3  0  Rating :  3 Permalink
 Ted Butler - Butler Research
The CFTC Silver Investigation  (13)
Wonderful observations Theodore. You have stated what many people already understand: that government agencies are reluctant to act, that business is frequently supported whilst engaged in corruption and that funding for avoiding accountability is endless for big business whilst being finite for governments of all persuasion. And don't forget that many western governments are little more than the political arm...
8/11/2012 at 2:40 AM  7  0  Rating :  7 Permalink
 Scott Wright - Zealllc
Gold Mining Healthy?  (2)
"Homestead"? Isn't that somewhere you live...........

I hope that somebody walks into your home and takes your car. When you object I hope they call you a mafia member for objecting.

Ownership is not a notional concept nor is it optional. The belief that if a resource is discovered and mined then this confers ownership on the miner is ludicrous for the same reason that if you crop somebod...
8/4/2012 at 3:52 PM  2  0  Rating :  2 Permalink
 Scott Wright - Zealllc
Gold Mining Healthy?  (2)
"Miners are constantly thwarted by deep-pocketed environmentalists, unruly locals, over-regulation, and greedy governments".

It is sad that this type of attitude prevails in the mining industry all over the world and that it does not register that the resources need a return to the whatever nation they come from and that it is not the right of miners to ruin the environment or damage the ability of loca...
8/4/2012 at 9:11 AM  2  0  Rating :  2 1 AnswerPermalink
 Peter Schiff - Euro Pacific Capital
Supreme Errors  (12)
Peter writes "once the government realizes that it has underpriced the fines, it will certainly raise the tax rate substantially to stop healthy people from rationally dropping their coverage".

It appears that the article is more a whine about rich people having to pay than an analysis of equity for the American people as a whole. Peter should look outside of island America where the real world exist...
7/5/2012 at 2:19 AM  3  10  Rating :  -7 Permalink
 FOFOA - FoFOA
Blondie's View  (5)

Ok, I am a "shrimp" who has both worked and saved hard to get ahead. Like many other "shrimps" I too am standing at the abyss looking at the gold option and wondering if gold has had its run, not wanting to be one of the lemmings who always get stung.

"Shrimps are the same ones objecting to “austerity” aka living within one’s means". I get a bit irate when I read this sort of thing. Its not tha...
6/15/2012 at 2:15 AM  8  0  Rating :  8 Permalink
 Captain Hook
Playing Chicken With Deflation  (13)
As an overseas investor I hold concerns about buying and storing gold in your US facility:

1. Can I physically withdraw my holdings and take them home (to my country) if I so choose? If so what limit applies at the US border going out?
2. Are there any US taxation issues involved with withdrawing gold and repatriating it to my country of residence?
3. Can the US government nationalise the go...
5/31/2012 at 3:25 AM  2  0  Rating :  2 Permalink
 Ron Paul
Capital Controls Have No Place in a Free Society  (24)
Horrifying. I understand the necessity to have citizens pay tax from their tax shelters but I was not aware of the Ex Patriot Bill and its extraordinary punitive nature. It does have some very serious implications and as a foreigner who was intending to invest in the US I now will avoid the US as a destination for my dollars as any gains made may well be all but lost, so why bother. Thanks for the expose Ron.
5/30/2012 at 2:53 AM  5  0  Rating :  5 Permalink

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