Markets face dark reality, jobs numbers, and gold/silver update

[eyesonmedia]

fewer not less

[chromedreamz]

marc faber called the Low of 6200 or so, on the very day..the perfect call

[s14sr]

You can kill werewolfs more efficiently with silver rather than gold.

[terrafirmaterrafirma]

You call American media "Western Media"? Funny. Do you mean the West Coast media?

[bullsnutsoz]

SHHHHHH, dont mention silver the illuminists have that as a secret!

[angelmtza]

My 2 cts: I think people are still shaky from the may flash crash, so they are not willing to buy more so no price increase. Now, watching silver charts I think it could go down a bit providing an entry point. If it reaches $35 I would buy, of course if it goes to $30 I could borrow money to buy. Yesterday I watched David Morgan saying $5 silver is not out of the question. A bit extreme but time will tell. BTW I think Chopper Benny is the real money printer.

[steav777]

How is GPXM doing?

[Puzzoozoo]

People retire, and their now empty job slot doesn't get filled.

[FreakyAnalGirl]

But what ya'll do not know is that you can buy gold, silver, and platinum extremely cheap through an auction I found. Go to

protoprotoss . net (remove spaces)

and there are sites listed there which actually DO have it... not some dumb ass report that wants you to buy some other crap like this idiot below me is spamming.

[anjelicknight1]

News Flash! There is a buble in GOLD! Proof:The Rothchilds the money masters who set the world price of GOLD got out of it and started selling it off in early 2000! George Soros a lieutenant of the Rothcilds just dumped his Gold portfolio on August 8, 2011! George Soros had prior inside knowledge of the S&P Downgrade of america and invested 1 billion dollars in Futures increasing his bet and gain 1000 times he is the only one that did it! Why will GOlD collapse because one world currency!

[GANEVMUSIC]

see the price of gold now 1744.09

[damiensongs]

Silver is going to take a beating in the next few days/weeks....Not gold....but silver..the ratio will go up to 50-1

[TryDeletingMe]

THUMBS UP If you knew gold was going to go through the roof, and you just watched it for the last years? :P

[cyanzone]

Gold over $1700 now. Dow went DOWn over 600 points today, but politicians say that this just one more bump on the road to recovery. Please wake up....

[mja2035]

On TrueBlood last night they used a lot of silver chains to protect the vampires.

Thanks for the morning news Daniel.

[KillBaddBugz]

@mja2035 Ag is a phenomenal bactericide. vampires? what a waste of a fine element-

[KillBaddBugz]

Pt just topped 17.

Good God - Au is almost up there with it!

Holding onto this stuff for dear life!!!! XD

Thanks for posting this vid, friend-

Liked N saved.

[videolover61]

Gold is now $1,708.60...investors are running scared!!!!

[pattybbb1]

If I read the chart correctly, Premarket Gold at 1697.10

[Mr2wings]

Sky News - Great Interest To The Chinese For Gold

Check out how the Chinese are buying gold on this video.

[visionvictory]

Pre market Dow is down 300, lets see if this sticks.

[MzProgressive]

@visionvictory So far tonight:

Hong Kong Exchange is down 938 points (4.29%);

Australian Securities Exchange looks to be down only about 100 points; and

National Stock Exchange of India, shows a Pre-Open loss of 127 points (or 2.39%)

Did you catch interview with Alan Greenspan on Meet the Press this morning? Featured video on my channel tonight. Pretty interesting trying to discern what is spin.

Not a good time to be in paper.

[jimbonumber9]

@visionvictory America is in a whole lot of trouble.

[steburton]

some are saying silver was brought down due to people covering their margins in the stock market.

[Jaycephus01]

Ssanf, you idiot, corps ARE the producers, the wealth creators of the nation. Taxes and regulations, the things you worship, are the destroyers of wealth!

[terr547]

Laying out in a simple and easily understood way. Thank you!

[jasonrawls]

What happened to all the books you used to have on the shelf?

[animate211287]

i'm glad i wasn't the only one who heard that "gold was down 15%" business. laughable really. hard to tell if it was on purpose or not.

[nld1960]

Remember silver is such a small market and sooooo easy to manipulate. Do I need to say more?

[nld1960]

There is an indication that hedge fund billionaires such as Soros went to cash before that market crash you hear nothing about.

watch?v=ghFp1aTjAlo

[hdrmax]

AAA is gone. Thank you Helicopter Ben, please print some more money. Junk status here we come.

[cassanoa]

when people begin to panic ,they will not be able to afford gold and will jump into silver ,they we can expect a huge jump in price ,i think then would be a good time to sell off some of the silver and buy gold , lets face it folks , we who follow these things are few and far between , we are basically speaking to each other , so we can say the general population is not willing to engage in this subject so they will loose and we will benefit ,i know thats cold but thats the way it is

[vinwald]

great video once again... and excellent use of stats to get the message across. many thanks. keep up the great work.

[indignant99]

FAH-ber, not FAY-ber. How many times did you say it wrong?

[clevelandbrown123]

what happend to all your books on your shelf?

[Ne0mega]

Silver got hit hard? when I wandered into the wilderness Tuesday, ( I had no access to civilization whatsoever) it was about $39. When I came back tonight, Dow was down 1000, and silver down a buck. Silver is fine.

[SSanf]

Well, you can thank George Bush, the Tea party and the Republican obstructionists for that. Obama would have put the country back to work had he not been undermined at every turn. We need to tax the hell out of the people laughingly called "the job creators" because they have done a piss poor job creating jobs with all the money that they have sucked out of the economy. We need to tax them heavily and take the money to really create the jobs that they haven't.

[vambo13257]

@SSanf You are too ignorant for these conversations!!

[SSanf]

@vambo13257 Really? Well, gee the explanation of our recent downgrade from S&P sure lends credence to my point of view. Talk about ignorant! for that I refer you to the Tea Party and the idiotic Republicans who let them pull their strings. They have undone the country and perhaps much of the rest of the wold.

I also refer you to history, the depression. If it were not for the dumb asses, Obama would have put people to work and made them into tax payers who would have spent and created jobs.

[SSanf]

Obama came in wanting to create green jobs and energy. He wanted to rebuild the infrastructure. He wanted to create new industries using available technology. He wanted to put America back to work and give the people money to spend and money to pay taxes with. That is what we, the majority, elected him to do. But,conservatives were more focused in bringing him down than in doing what would have been right for the country. Shame, shame, shame on the Tea Party and the conservative obstructionists!

[vambo13257]

@SSanf Obama is a dunce, as are you!! What happened to his shovel ready jobs? Even he had a good laugh at that nonsense! You are a classis libtard- no point in trying to teach an old dog like you any new tricks!

[SSanf]

@vambo13257 Have you even read any history? Did you learn nothing from the economics during the Great depression? You idiots are turning this nation into a third world country in one generation. Your new tricks are going to result in everyone in this resource rich country having to scratch in the dirt in their back yards for a few extra bites to eat. That is if they still have a back yard which many do not even have any more. Conservatives and Republicans are clearly to blame.

[vambo13257]

@SSanf Lady, you are in over your head. I was a political science major and have read and done more papers on history and politics than your entire family! The destruction of this country started with the Federal reserve bank and continued with the welfare state policies of your hero FDR. Read and learn, the people you hate(tea partiers) are self sufficient people who earn their money, not a bunch of free-loaders with their hands out like your crowd! Socialist programs are the biggest problem!!

[SSanf]

@vambo13257 You are idiots and the whole world sees it. Your economic system may have made sense when every hand was needed to labor in the field. However, when one person with a tractor can feed 100, trying to force 100 people to get onto the tractor and then expecting to plow the field is stupid beyond belief. Your idealized idea of how the world should work never did work and certainly does not work now.

[vambo13257]

@SSanf You are from California, I guess! Most of the morons live either there on on the upper east coast. Please tell me exactly what the dunce Obama did when he had both houses of Congress that helped our country one little bit. NOTHING because he is a socialist and all socialists do is take from the producers and give to the non-producers! Why don't you go live under Chavez, I am sure you think he is a great leader.

[SSanf]

@vambo13257 Well, you guessed wrong! I am from Kentucky, right in the middle of the Bible belt. Take from the producers, my ass. Who is really taking from the producers? It is the corporations that you refuse to tax. They are stealing all the wealth of the country and destroying our resources because the are not being regulated. And as I said, when one man with a tractor can feed 100, it is rank stupidity to demand that 100 men ride the tractor. Obama's mistake was expecting sane cooperation.

[highway234]

@SSanf love ya, ssanf, but i think you're wasting your time. these people simply cannot be reached. trying to explain civilized society to a libertarian is like trying to teach a monkey to drive a car.

[lucifuehrer]

@vambo13257 i concur. completely delusional.

[puapake]

$38.32 is a good price for silver. I have most of the weekend to think about it too. Might just get some.

[jdthecrazy]

Awesome video! The silver price doesn't bother me. I'm heading to the coin shop in the morning :)

[vambo13257]

@jdthecrazy I agree, I do not worry about the price because I know what the value is!!

[vention4wh]

Oh well, it's not a total loss. I added to my silver yesterday. Not any great amount, just some of the extra cash that piles up each month.

[mxp2000]

Silver loses value due to perception of slowing business activity and the resulting lower demand for the metal.

[cnxtrans]

I think they'll wait for Jackson Hole meeting on the 25th of August to announce another round of quantitative easing, unless the market continues to fall like last week.

[clearasvodka]

I thought silver would dip below $30 this Summer. So far I have been dead wrong. Gold I believe is not going to go down substantially - so silver being the little brother of Gold moves in tandem with the PM. Maybe in the 30's is a great time to load up on more. It could be the real low point for the next trading range. Tough to say with certainty. Silver is manipulated so much! Just keep stackin'!

[pretorious700]

Marc Faber lives in Thailand, he knows a good thing when he sees it.

[clearasvodka]

@pretorious700 He lives in Singapore....

[pretorious700]

@clearasvodka Sorry, Chiang Mai in northern Thailand. He keeps his main office in Singapore.

[Musique3579]

Ever notice that when something isn't mentioned (ie: Silver) that later on a sudden surprise takes everyone off-guard? Things changed so fast since Daniel made this Video. The US Loses its rating and downgraded to AA-. Hey, that's pretty bad, but a lie. It "should be" an F just like would be given a very poor student going to school and neglicting his homework. Stocks ended poorly, but it is easy to see why Daniel thought the opposite would happen today. So did I. Gold: ALWAYS wins in the end.

[Romulan112]

mrgoldsilver said in one of his videos that JPMC won't let silver go greater than $40. He quoted some number such as $39.75 me thinks. after that, they take it down. Silver is easy for them to manipulate., gold less so....

[Romulan112]

Yes, right..... Why did they hammer gold on the media? I didn't see a huge drop but a small dip and then it rose.... Why did the media do this?

[Musique3579]

@Romulan112 They are scared out of their wits by Gold. Most likely the media will NEVER say anything positive about Gold. I don't recall in my entire life EVER hearing them saying something well of it. In fact, usually they do not even mention it. They would rather talk about some sports game. You know, the really important things is what they report. Better end my sarcasm now.

[pepeledog]

Downgraded!!!! Global crash followed by World War.

[galacticwacko]

US just LOST it's triple A rating... That is gonna HOIT!

[yaplonglong]

DJ closes today with 60.93 pt gain.

I bet you anything with the proposed cupcake easing, (as Jim Rogers calls it) it will go through the roof again.

[Zarinaofhope]

FAB

[TheBadGuy1275]

It can only be government Math! We are In the Twilight Zone!!!!! Great stuff VV!

[InTheSticks0001]

Love Marc Faber. His permanent residence is in northern Thailand for a reason.

[TheDeathbycancer]

i can explain some of why silver is down. Many traders are buying gold and shorting silver as a hedge. Gold didn't rally from this because, many traders who had invested earlier were taking profit out and raising cash. That is why gold was so choppy and why silver was down. This is good knews for silver as they have to cover those shorts at some point.

[TheSilverLining2021]

KEEP IN MIND THAT THE PRICE OF SILVER IS BASED ON JP MORGANS SLV STOCK, NOT PHYSICAL SILVER

[mysticker11]

i seen a lady buy 5 snacks two cokes a pepsi and a bag of ice ...on a food stamp card at the jiffy store.....wtf is up with that is that food? this is my tax money...pls comment if you have seen this

[Goldendragon7377]

@mysticker11 Big corp pulls the strings,not the government.You might as well put several huge advertisement billboards in front of the White House.The food stamp program is the food industries cash cow.

[bpagan32]

Silver is down because it isnt just a form of currency, it is also an industrial metal. In other words, Silver has to follow the market in corrections and consolidations. Gold held because it is just money(even though it has electronic industrial use). The endgame is that if you own Silver/gold then you are winning because after the correction the markets will follow an overprinted debt-locked USD and Silver will surge again. This isnt even a decade predition, its an under 2 yr pred.

[videolover61]

Faber: I think his name is pronounced: "Fah ber", like faber beans...you know, Silence if the Lambs.

[73cupcake]

@videolover61 Fava beans.

[videolover61]

@73cupcake

Yeah that's it, Fava Beans...never had them but I hear they are supossed to be very tasty : )

[traynickel]

The JP Morgue suppresses Silver, to keep it below it's share price...

[whiskerchild]

HOW can they hide QE3?

[Scramble131]

VV sold his books for silver :P

[FutureMoneyTrends]

More hidden negatives like every BLS report

[MYAR15SaysImFree]

cnbc was tell ppl today t dump half their gold and silver holdings

[RAMKING61]

Anytime you think of silver, think of Jamie Dimon.

Jamie Dimon and Lloyd Blankfein are currently in stiff competition for the esteemed title of 'Bankster Of The Year' (2011).

[mastaPh]

i love listening to Marc Faber!

[kevreilly7]

That huge parabolic more in silver we saw earlier this year usually causes a 5-8 month basing or trading range (maybe loosely $34-$44)

[Choumi123]

The silverprice is manipulated by JP Morgan. Keep stackin like there is no tomorrow player hahaha

[kevreilly7]

Dow up .5% today - Bank of America Down 7.5%  hum,,I wonder which is a better barometer

[MzProgressive]

You're right Daniel, Silver is lagging now - but just wait!

[MrsMom100]

I think the "naysayers" help drag down the markets. Every time someone makes a comment, the market reacts. If we didn't have 24 hours news and CNBC yammering all day, things might not be as grimm.

[MzProgressive]

@MrsMom100 Sorry Mommy - the yammerers on CNBC are constantly trying to sugar coat that we are being suckered by Fascists. Please make some coffee. It's lots grimmer than they admit.

[Mr2wings]

Good Video. My predictions is Uncle Ben is a true money printer.

Also, Redsox will beats the Yankees tonight.

[visionvictory]

@Mr2wings :)

[Gizziiusa]

Fediat [fed fiat] National Injection, aka FNI, aka QE3...

[katman471998]

Silver dropped because everyone in the stock market had to sell it to cover their margin calls. Keep the faith. It's real money.

[lanceknoechel]

Hmmm, the bookshelf is empty. Moving?

[visionvictory]

@lanceknoechel moving rooms

[notpcone]

Thanks Daniel. Good to see ya, better to hear ya.

[nottinmatterz2day]

black swan gon' shock the stream man

[pissedoffunemployed]

Don't worry about silver. The FEDs changed the margin requirements regarding paper silver causing it to drop. Remember when silver was $49 bucks an oz. 3 months ago? The FEDs changed the margin requirements and it dropped to $35 bucks an oz. All they are doing is giving people like me a huge discount. Not if but when JPM collapses, Silver will shoot to $300 an oz over night. In relationship to the dollar, physical silver is being suppressed because paper silver is over leveraged 200:1 or more.

[hc167]

main stream media response to gold mean that gold is still under value. I like the way how they report gold. that mean gold is still under bought.

[hc167]

After QE3, we may have another few hundreds tax rebate check coming.

[davincij15]

You are destroying the recovery with your bad news! How dare you!

LOL.

[OurTimeIsOut]

@davincij15 Hey don't pick on my friend. LOL JK

[jamphellhamo]

i think you are misusing the term black swans, which refers to "highly improbable" and thus unpredicted events - certainly, the economic ills of the euro zone have been predictable for years -

[plasticglassonion222]

I believe that Europen markets are affecting the Dow. When Italy and the others are bailed in some way by the buying of their debt/bonds seems to be in play here.

[imatelly]

so how come people still think we are at 9% unempoyment.sounds to me we are damn near 50% unemployed unless over half of us are under 16

[NuclearSiege]

Foxxconn also announced they were going to lay off 500,000 jobs in China. No big deal or anything.

[666sigma]

Your guy, Ben Bernanke, has fueled the market rally since March 2009 with QE - trash cash. Increasingly, people believe that Ben and the other Central Banks are impotent and the debt bubble (combined with the aging society) will rule the day.

If there is a flight from stocks to US Treasuries that helps Ben avoid QE3, but fuels the economic downturn. If the flight is to more solid assets, Ben will have no choice but to print money fueling asset prices in USD terms.

Where is your money?

[macksurf1]

I have noticed that for a while CNBC will almost never quote gold in %'s. I think it makes Gold appear to have larger moves especially down, probably because the real players don't want people owning Gold. The action in Gold and Silver lately, to me have shown the true store of money which is Gold. The big money owns Gold simply because it's easier to move and store large amounts of money. Silver is mostly a play on being undervalued, more like a long swing trade.

[bgrim2008]

The U.S. reported a jobs gain of 117,000 the past month. The stock market rallied today upon the good news. But obviously, VisionVictory is going to spin the good news as something horrible and diabolical to then turn around and suggest you to buy GOLD! What a shill!

[chuska8383]

@bgrim2008 We need 250,000 per month just to keep up with population growth, troll.

[prudentinvstr]

Dennis Gartman said today on CNBC that Gold is the riskiest asset you can own. What an IDIOT.

[bgrim2008]

@prudentinvstr. Dennis is a genius. He can see through the Pump-n-Dump Gold ponsi scheme. What these youtube gold investment firm shills are doing is fear-mongering people into buying Silver and Gold (pumping up those stocks) with the hopes of calculating when Silver and Gold will peak, in order to dump (sell off) the stock right before it crashes. Haven't you noticed that all the doom and gloomers on youtube suggest you to buy silver and gold ? It is a clever scheme for investment firms.

[hicks076]

@bgrim2008 I guess China,India and central banks around the world are part of the Pump-n-Dump Gold ponsi scheme as well? And of course the mammoth debts that the USA and Europe have and continue to accumulate has absoutley nothing to do with gold moving up?

[prudentinvstr]

@bgrim2008 Then I think you should go all in on anything denominated in Dollars.

[indignant99]

@bgrim2008 My recommendation for YOU (and you only), is to buy Treasuries. Buy them hand over fist. Buy them until it HURTS!

[slobomotion]

The markets make no sense now. We're doing okay doing all sorts of crazy plays. Insanity. Uprated.

[Solitas777]

Silver is an INDUSTRIAL METAL it tracks production and might maintain inflation. Silver is going to go to the floor of $25 before resuming tracking inflation. Gold will outpace silver now. I bought at $15 and sold at $45. :)

[bezant1971]

@Solitas777 enjoy your wothlees dollars

[Solitas777]

@bezant1971 Silver is at $32.....how you doing? HAHAHAHAH

[bezant1971]

@Solitas777 very well, not everyone buy at 50$, yes i bought at 50$, i have no shame for that, but i olso bought at 4$. So I am doing pretty well thanks, i am living in deflation, what about you? XD

[LarsGAndersson]

Thnx =)

[moonshadow93924]

1984?  Creepy.....

[Xianman06]

Jewish bankers got us!

[MirageScience]

yeah silver pissed me off yesterday, I was like WTF this is backwards as all hell.

[smasila]

Only 139 million people working? WTF? Your population is over 350 million.

[zen5678]

@smasila Old and the young makes up some of the numbers. LoL 139 million also includes people working in unproductive service jobs and part-time underemployed. The real productive workforce is probably halve that number.

[kenji4861]

@smasila Sounds about right doesn't it? There are kids and stay at home wives and retired folks. 

[CraazeyBustard]

@smasila Yes but that is including small children and elderly. The real labour force of US is 153,228,000. These are theoretically people able to work. You can get the data he is talking about from the website he is talking about.

[DittoGlen]

@smasila google the BLS ( Bureau of Labor Statistics) data, to them, there is only 239 million employable individuals.

Hope this helps

[tinfoilcap]

@smasila : Uh, yeah. Can you tell that to Barry Sotero? He seems to think extending unemployment is going to create jobs. No, I'm not making that up. Google "Obama: Extending Unemployment Benefits Will "Create Jobs Right Now"

[Tigerpaws9097826]

@smasila A lot of the 350 million people are children or retired elderly people . . . and of course we have about 12 million (give or take) unemployed by the officially-reported numbers (plus roughly another 6 million who aren't counted as they've given up looking for a job). 

[asus3571]

this is not the even close to the first time useing quanitative easing it just so happens its looked on more suspiciously we are trully f'ed

[peilthetraveler]

Are times that bad that you sold all your books that were on your bookshelf to make ends meet? :P

[visionvictory]

@peilthetraveler LOL no just moving rooms.

[jiminiflix]

@visionvictory Silver only dropped 3 dollars , but is nearly back again. People loose cos they don't wait it out. Silver wll rise, go with your gut Daniel

[MamaOkie]

@visionvictory new nursery?

[lindabebe835]

you are right again. keep enlightening us buddy.

[drchiodo]

wise words