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juankehoe33 173 posts  |  Last Activity: 2 hours 31 minutes ago Member since: May 14, 2009
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  • juankehoe33 by juankehoe33 2 hours 31 minutes ago Flag

    This donkey has several fatal flaws..such as the one clinton had whereas he couldn't keep his zipper up..This donkey can't keep his mouth shut. It's always open. If it's moving...He's lying..If it's not moving, he's just catching flies.

    As a 25-year military retiree, even though I retired decades ago.I can tell you with experience even the dumbest foot soldier knows that the biggest part of the battle is the element of surprise. It's how a small island nation called Japan almost eliminated America, and could have done so if they had kept coming. This out-of-control flapping mouth told the world more than 10 days ago that we were going to bomb in Syria. He assumed that the 10-day advance warning would be long enough for them to hide their best weapons in homes, schools, mosques etc. Now he will send our troops into a hail of fire to bomb the empty targets. Sure glad I done my bit and retired long ago because I sure would not want to be on the line today with with those flapping lips sending them into a lose/lose situation.

  • juankehoe33 juankehoe33 3 hours ago Flag

    I ran out of space so will append this note..One of my star members on our private board has long advocated that we get rid of "Paper Gold" (Such as GLD) and stick only with bullion in hand. I have resisted until now for the simple reason that "GLD" is simple to deal with. His point however is that there is some concern as to whether or not the GLD fund has actual gold to cover all investors meaning that he suspects that it is a type of Ponzi scheme. Let me clarify that. He suspects that there are far more investors than gold..e.g. that thousands of investors have claim to the same gold or to make it even simpler..He suspects that 10 investors have claim to the same 1 oz of gold.

    I will likely divest myself of all paper gold today and I advise you to do the same. In doing so, what I will be doing is simply putting it on hold until it stabilizes.

  • juankehoe33 juankehoe33 3 hours ago Flag

    Hawk: I'll take a stab at it based on intel and logic. The bottom for gold is pretty much self-regulating. Like Jed Clampet discovering oil oozing out of the ground..that type oil is long gone and today we have to drill miles deep to find it..Ditto for gold..While assigned to the Embassy in Africa, I had a chance to visit the mines and today they have to sift through hundreds of tons of dirt to find an oz of gold. The smart ones will start to figure this out by now but I'll explain it since there is a severe paucity of smart ones..The profit in mining gold, as with anything else, lies in being able to sell it for a price higher than the cost of producing it.. It could touch the upper $1100 range but I doubt it because it's hovering, right now, at just about the production cost. Obviously when the price approaches the production cost..IT WILL CEASE TO BE PRODUCED AND THE PRICE WILL RISE AGAIN.

    But I believe this is all "Mox Nix" in the long haul. Simple logic tells us that paper currencies are going to collapse at some point simply because their only value is based on the trust of the government which prints them. If the media ran a "Trust Meter", you would see it sinking a little lower each morning when you get out of bed. When that trust level hits the trigger point..The world will scramble for the only commodity valuable enough, and small enough to be used as legal tender and the price of gold will hit the stratosphere..I envision it at $5000 plus..I know most of you are thinking..It can't become that valuable..and you would be correct..Gold will not become more valuable..THE DOLLAR WILL SHRINK INTO OBLIVION WHICH GIVES THE ILLUSION THAT GOLD HAS BECOME MORE VALUABLE.

  • Reply to

    Ixion Concept Jet

    by juankehoe33 Sep 22, 2014 7:07 AM
    juankehoe33 juankehoe33 17 hours ago Flag

    Wild: I know there are "Talking Heads" all over the board..all talking in different directions. I know that you are very familiar with algebra so here is the story, in my view. Apply the algebraic principles to these talking heads and you'll conclude that the sum total value of their advice is ZERO! I don't listen to talking heads because what they really are is "POLITICIANS". They say what their political agendas dictate to them.

    I operate on logic and fact. Here's a small quote of a lengthy article from "Seeking Alpha" today:

    Quote """gold peaked at over $1900 in 2011 and is still up over four times the price it was at the beginning of this century. Gold opened on the first day of 2000 at $283 an ounce. " Unquote.

    I bought mine at $271 in 1999. I am dependent in no way on my gold. I have never, right from the start, planned on needing it but rather to pass it on to my son for his security blanket. These are facts..100%, ironclad facts. Now enter logic to the equation. We can't print our way to prosperity. At some point, foreigners (Who hold more dollars than Americans), will start to feel uneasy about their dollar holdings and when they do...They will bury us under mountains of dollars...meaning the dollars we ourselves hold will shrink to a fraction of their current value. It simply doesn't worry me because it's just a life jacket have in my closet. I will some day, pass that life jacket.."""UNUSED""" To my only surviving son who already has impressive holdings of his own. .

  • Reply to

    Ixion Concept Jet

    by juankehoe33 Sep 22, 2014 7:07 AM
    juankehoe33 juankehoe33 19 hours ago Flag

    Wild/Denny: In reading Denny's comment about the dollar..I must say that Denny is about as far from being a Democrat, Liberal as it is possible to be..Yet, he is, in this case, looking right down the pipe dead zeroed in on the favorite democrat strategy, "pretend that the problem doesn't exist and it will go away". Stated differently, he has put his eggs in the basket called "HOPE"! There is simply nothing left in our quiver to stop the pell mell rush to take this country down. All who disagree with that are hung up on the America of the past...IT'S GONE! Serious problems do not go away when ignored..They must be dealt with and we didn't. . I realize that even the good guys are latched onto this Hope! Hope that voters will throw the Senate bums out, Send harry Reid to serve in the outhouse, hang Obama upside-down at one end of the mall, elect Republicans and everything will be The Old America again. It ain't gonna happen. First, in today's world, Republicans are also liberal and on the left..They just aren't as far left as democrats. Secondly, If we could fill all the seats of power with Abraham Lincoln clones..we would find that not even the best ever guys would not be able to stop where we are now destined because the people are no longer patriotic toward a government that has gone completely rogue. Political Correctness has doomed us. I'm sorry Denny, but hope is not a strategy and it will not rescue us. As for gold, everyone seems convinced that I've put all my eggs in the gold basket..I have some there, but probably 80-85% of my assets are still dollar based..Gold is simply my safety net.

  • Reply to

    Ixion Concept Jet

    by juankehoe33 Sep 22, 2014 7:07 AM
    juankehoe33 juankehoe33 22 hours ago Flag

    Wild: I should add that we lived in Spain 72-76 (almost 5 years), We were there when Franco died. But what I should mention is that the buffet PIG-OUT DUDE, would not like these places because the very operation will not permit you to stuff your face and belly full in 15 minutes..It's all served in courses..which are at least 15 minutes apart..meaning that you can't possible finish your dinner in an hour and there will be nobody waiting for you to finish so they can have your table...BECAUSE WHEN YOU FINISH YOUR DINNER, IT'S USUALLY QUITE LATE AND NOBODY ELSE WILL SIT AT YOUR TABLE THAT EVENING..WHEN YOU RETIRE..THE TABLE CLOTH IS REMOVED..AND NOT REPLACED..BECAUSE THAT TABLE IS ALSO RETIRED FOR THE NIGHT. It's a rough life but somebody has to do it...I volunteered!

  • Reply to

    Ixion Concept Jet

    by juankehoe33 Sep 22, 2014 7:07 AM
    juankehoe33 juankehoe33 22 hours ago Flag

    Wild: Two things: First to respond about gold..I haven't a clue except that the fed pulls strings to create an illusion concerning the markets...That's the problem with paper currencies..they can be manipulated..Now as to why it is affecting gold.. What is affecting gold..and remember, "GOLD IS NEVER AFFECTED..THE SURROUNDING STUFF IS WHAT IS AFFECTED". Put differently..Gold hasn't moved..what has moved is the amount of dollars required to buy it. There is a crime arrest that is made sometimes of someone who has no visible means of support..In my view..That's the dollar..Why has it strengthened? I see no visible reason for it.. I believe the market and the dollar are being scammed by the fed. Also as I mentioned before a likely culprit is that China has stopped buying..Why..We'll find out eventually..

    The 2nd item..you mentioned your dinner table.. The lower echelons of the population see dinner as a time to see how much food one can throw at their face in 15 minutes..For people who know the good life..Dinner is not a time for eating..It's a time for the ultimate pleasure at the end of the day..When we lived in Spain, we would first choose the wine..then the dinner menu would be planned around the wine of which you know the basics..white for fish..Rose for pork or poultry, Red for beef..and a fuller body red for rare beef such as prime rib. Dinner for us wasn't a 15-minute affair..I've seen many times, with friends in our home..that we would still be at the dinner table at sunrise. Hours and hours spent relaxing..We may have found a bottle of 30-year-old Bordeaux etc and before it was opened, we might spend a half hour just discussing the vintage as well as the vintner. There would also, of course, be cognac (Which is distilled wine). I'm sorry that others have never enjoyed such living. Such things are only for those who can understand and enjoy them. Sound Alcoholic? Nope..Such elegance is intended for sipping, not guzzling.

  • juankehoe33 by juankehoe33 Sep 22, 2014 7:07 AM Flag

    Wild/Denny: Have you seen this. Google "Ixion Concept Jet". It's a windowless jet, but cameras mounted outside the plane, project the video of the terrain onto the interior wall and ceiling panels which give the illusion that everything but the floor is crystal clear glass. The pictures are some reminiscent of the old "Observation Dome Car on trains of yesteryear..but the train domes were very limited while this concept is panoramic.

  • juankehoe33 by juankehoe33 Sep 21, 2014 8:12 AM Flag

    My morning paper has big article..Guy taken to emergency room of a hospital which is covered by his bamacare plan..But it turns out that the doctor who treated him was not within his plan so he received a bill for $1400 plus dollars. Paper says that this is a difficult to foresee problem because of contracts which rotate doctors. And the bad news just keeps rolling in. Want to beat the system...Work 45 years for the federal government, then reach the ripe old age of 65 (For Medicare to kick in), and that will give you both Medicare and Tricare for life..and both applied together covers anything, anywhere.

  • Reply to

    So Rivvir says On 9/14/2014@ 7:08 am

    by wild4thegirl Sep 16, 2014 5:34 PM
    juankehoe33 juankehoe33 Sep 20, 2014 9:28 PM Flag

    Wild: We are in very uncertain times. The market is one big bubble, IMHO..The fed has pumped trillions into equities to give the illusion that they are growing but those dollars are hollow. Basic physics tells us that you can't increase wealth, goods, and services....hard assets, by printing paper money. When the guru's throw figures and theories around..we lesser mortals can't challenge them because such figures are completely off the screen and unmanageable..They give us figures and we can do nothing but accept them and hope they are right while I believe they are pulling them right out of their....well you get the picture.

    I believe that any assets based on dollars are inherently shaky. You're right, of course, about real estate etc being a pretty good bet, BUT WHO OWNS MOST OF THE REAL ESTATE? We don't know exactly..The Chinese and others have bought big chunks which we know about,,,but which is likely just the tip of the iceberg which is visible. We also know that most personal real estate is owned by the banks,.....which in turn are owned by the Fed. How much real estate would be owned by individuals if the banks suddenly called in all loans? If you could not pay off your loan, they would foreclose your home and take it..My management style is different that most..I could write a check tomorrow and pay off my small mortgage if I needed to. That's because I didn't need a loan to buy my home..I took a loan only because it was prudent to do so and could end it within 48 hours if that became prudent...But how many Americans could do that?

  • juankehoe33 by juankehoe33 Sep 20, 2014 4:00 PM Flag

    You'll have to pull the picture up to see for yourself..but here is the caption under the picture:The picture is of the five first line US nuclear carriers docked together in one place. Just like Battleship Row, Pearl Harbor , December 7, 1941.

    This picture was taken the February 2014 in Norfolk , Virginia … Obama ordered 5 nuclear carriers into harbor for "routine" (?) inspections. Heads of the Navy were flabbergasted by the directive but had to comply as it was a direct order from their Commander-in-Chief.
    The carriers were all pulled out from the MIDDLE EAST and the Afghanistan support role leaving our land forces naked and exposed!
    NORFOLK, VA. (February 8, 2014). This is the first time since WWII that five nuclear powered aircraft carriers were docked together. USS Dwight D. Eisenhower (CVN 69), USS George H.W. Bush (CVN 77), USS Enterprise (CVN 65), USS Harry S. Truman (CVN 75), and USS Abraham Lincoln (CVN 72) are all in port at Naval Station Norfolk , Va. , the world’s largest naval station.
    Knowledgeable sources stated that this breached a long standing military protocol in the Navy meant to avoid a massive enemy strike on major US forces.
    (U..S. Navy photo by Chief Mass Communication Specialist Ryan J. Courtade/Released).
    This ordering of most of the Navy's capital ships into one place is unprecedented since Pearl Harbor!

  • Reply to

    American's problems

    by juankehoe33 Sep 16, 2014 7:07 AM
    juankehoe33 juankehoe33 Sep 20, 2014 11:51 AM Flag

    Denny: Whatever the thrill is that they get from us, it's not trying to shoo us away..that should be obvious because if you and I quit posting for awhile..this board shrivels to nothing and ceases to function. No, if they wanted to shoo us away..there's an ignore button that would accomplish such an objective in seconds. I have seen it all my life through 2 careers and I'm sure you have also..There are "Idea Guys", and tag-a-longs who couldn't wipe their bu tt without the idea guys. On the other hand, I have no problem putting them on ignore because I don't need any bu tt wipers to function properly and reach my goals.

    The comment you made about DK responding within 10 minutes..That's gotta be beaverfuzzy. That's always been his trademark..He sits there on an up-side-down bucket in Gallup at the road service place where he works and monitors this board all day, every day and will always respond within minutes to anything which he thinks he knows better than the poster and that covers just about everything. Remember when you and I first started chatting with him years ago and he was telling us how he was in some kind of financial business with "High End Clients", and all the time he was sitting there on that bucket just waiting for a call from someone needing mudflaps installed. I learned the best solution to that decades ago..STAY OUT OF THE MUD. But there is a downside to that because people like beaver would be unemployed.

  • juankehoe33 juankehoe33 Sep 20, 2014 5:34 AM Flag

    Iggy: This is an awful story. But I'm going to tell you that the world may as well get used to it because we live in continually worsening world. For a multitude of reasons, the entire world is becoming DE-sensitized to killing and the sanctity of human life. Local story from somewhere in Florida yesterday where some guy killed his daughter and her 6 young children. A lone nutcake you might be thinking, but we are slowly becoming inundated with similar nutcakes. An ever increasing number of them keep bursting onto the scene with yet another senseless atrocity.

  • Reply to

    So Rivvir says On 9/14/2014@ 7:08 am

    by wild4thegirl Sep 16, 2014 5:34 PM
    juankehoe33 juankehoe33 Sep 19, 2014 4:52 PM Flag

    Wild: All those things you mention are likely true. But I take a long view. I bought my first gold in 99 (15 years ago). I made hundreds of thousands with CGMFX, but that also started 15 years ago. I have no argument at all concerning you younger people playing the market. For example, today, all the buzz is about ali baba. Looks like I could have made some quick millions, had I gotten in at the right time..But China is very different than America..The govt either directly or indirectly controls just about everything..The stock will likely do just fine, AS LONG AS THE FOUNDER IS IN THE GOOD GRACES OF THE COMMUNIST PARTY. I'm hearing the analysts saying that investors are likely to make millions, in the short term..but it could go sour overnight if it don't please Beijing. With my gold, it's for long term..I don't need it..either now or in my lifetime..I have no plan for ever cashing it in..but it will go to my son and become his problem..On the other hand..if the world should collapse in the short term..It's there as a safety net..How would I spend it..I'll let the juannabees worry about that and I'll only be concerned if the world does collapse.

  • Reply to

    So Rivvir says On 9/14/2014@ 7:08 am

    by wild4thegirl Sep 16, 2014 5:34 PM
    juankehoe33 juankehoe33 Sep 19, 2014 3:24 PM Flag

    Wild: It just occurred to me that there is likely a good example here on the board which illustrates my theory about how different people view things in different ways. Gold, right now is at it's low point for the year and I'm sure the really dumb ones are having orgasm. They simply don't understand how things work. By gold dropping to a low point, it almost certainly indicates that the biggest buyer has stopped buying.CHINA! Why would they stop buying? We must explain it to the dumb ones..It's logical that they have reached their goal for launching whatever it is that they have planned for the world. Still don't understand? THEY DON'T NEED ANY MORE! So whatever it is that they have planned.we are likely to see it very soon. Now on the other side of the coin..I bought my last gold at the $800 level. I would welcome a chance to buy some more at that level, but even beyond that, gold, for me, is a tool to preserve what I already have. Nothing more. It's not something I depend on..If it should ever drop lower than my original purchase at $271..I could use those beautiful coins as paper weights here on my desk and it still wouldn't affect my lifestyle..I am however anticipating that when China launches it's plan..we'll likely see it heading into the stratosphere..2000, 3000, 5000 and beyond. It just shows how views differ..My views have got me to a wealthy level and I am sure they will take me onward and upward/ because I have a vision far loftier than that of these guys..Regards/Juan

  • Reply to

    Juannabee Hate the troll

    by wild4thegirl Sep 18, 2014 6:30 PM
    juankehoe33 juankehoe33 Sep 18, 2014 8:17 PM Flag

    Wild: Incidentally, I misspelled "Too" as it should have been..but I spelled it "to" (Wrong version) just so our board spellchecker down there in Texas would'nt feel left out.

  • Reply to

    Juannabee Hate the troll

    by wild4thegirl Sep 18, 2014 6:30 PM
    juankehoe33 juankehoe33 Sep 18, 2014 8:15 PM Flag

    Wild: You're slipping guy..Your latest post only generated 20 responses while mine got 40..Just kidding because you always give me full credit with the juannabee's. You're a good friend to have around, and I consider myself fortunate to have you as a friend. And yes, putting them on ignore is definitely what infuriates them most. They, in their ignorance strike out at anything and everything and they are just to dumb to ever learn that TO BE IGNORED IS THE WORLDS GREATEST INSULT..IT REALLY WORKS ON A PERSON'S MIND WHEN THEY CAN SEE NO ACKNOWLEDGEMENT THAT THEY ACTUALLY EXIST..AT SOME POINT YOU'LL CATCH THEM LOOKING AT THEIR HAND..JUST CHECKING TO SEE IF THEY ARE INVISIBLE. Rest well my friend..life is good. I would be remiss to not mention that they bring all this on themselves..I could still accept them as normal human beings if they would simply act like one.

  • Reply to

    American's problems

    by juankehoe33 Sep 16, 2014 7:07 AM
    juankehoe33 juankehoe33 Sep 18, 2014 3:26 PM Flag

    Wild: It's certainly logical that defense stocks will soar but I have no need for more money. You keep telling them about it raining money in your area though...IT DRIVES THEM NUTS! When I was a kid there were dozens of "Simple Simon" rhymes. One I remember, and i reminds me of these guys.."SIMPLE SIMON WENT FISHING, HOPING TO CATCH A WHALE..But the only water he could find was in his mama's pail"!

  • Reply to

    American's problems

    by juankehoe33 Sep 16, 2014 7:07 AM
    juankehoe33 juankehoe33 Sep 18, 2014 12:50 PM Flag

    Wild: I have always tried to get the message through to these guys who research "Beta indicators", Elliott wave's etc to determine were the market is going. The market doesn't perform by any mathematical formula..it goes on the whims of people. Much like a hundred pigeons waddling around in the courtyard..When one..any one..takes flight, all hundred of them go. That's what happened with the CGMFX fund..For some reason, which we will never know..for a while..Ken was picking almost all winners..I discovered it very early in 1999..It just kept getting better till in 2007, I believe the total return that year was just over 80%..The general public however is always late to the party..and the basic reason it gained 80% plus in 2007 is that the word started to get around (The pigeons) and they started by the millions to pour their cookie money into the fund hoping to get in on a red hot deal..That's where my 80% came from that year..from all the small fry's cookie money..then in 2008 it all collapsed. The old cliche' is "When the elevator boy gets in..IT'S TIME TO GET OUT!

  • Reply to

    So Rivvir says On 9/14/2014@ 7:08 am

    by wild4thegirl Sep 16, 2014 5:34 PM
    juankehoe33 juankehoe33 Sep 17, 2014 2:44 PM Flag

    Wild: I think you are probably the closest of the bunch to understanding my view on all this. Your last note hits very close to the bullseye of the world I see. Let me expand just a little on your last note...There are fixes which might have had some degree of success 30 years ago. Today's world/society however has spiraled downward, down and down, to a "Point of no Return". It's just asBen Franklin predicted long ago..The hoards depend ever more and more on the government to give them what they need. Their entire innards have been burned out with greed and animosity. There is no fix today that would have any effect at all on the society we live in. Long before I retired I could see this coming because in any office, in any career, people would sell their kids and their grandmother, plant their foot in your face as they reach for that next rung on the ladder. Every man for himself..no matter how many others are ground under their feet. Nobody cares anything about anyone else. You are somewhat younger than I am and I don't expect you to be able to see all this, but being as intelligent as you are..you must be aware of some of it but one of the major philosophies of life is that everyone is reluctant to accept that a bad scenario is coming down..UNTIL THEY FIRST SEE A WAY TO AVOID IT..until then..they just keep denying it's existence/Regards/Juan

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