November 2 2009 vlog

[loai050]

Charts please Derek.

[NibiruMagick2012]

Keep it up..... Thanks

[harveybirdmannequin]

Australia's Central Bank raised interest rates again today Nov 3!

Significance

Foreign economies especially resource rich nations aren't being affected by the USA's woes.

Other central banks realize the damaging effects of so called "stimulus"/money printing.

They are realizing inflation is taking hold. Got to get ahead of inflation not chase after it.

Bernanke can't contain hyperinflation even if he hiked rates tomorrow. That time has past. Look how aggressively/early Australia is acting.

[harveybirdmannequin]

Nov 3.

IMF sells 200 metric tons of gold to India at $6.7 billion. No word on if it's actually paper and where the gold is being stored.

[harveybirdmannequin]

Gold makes another record high today. Briefly above $1080/oz. Don't know where it's going to close.

[xXU2BerXx]

I don't really have the funds to invest in gold right now, so I have decided that silver might be a nice alternative,any thoughts?

[GuildF40]

xXU2BerXx

DO IT !!!!!!!!

[POSSUMTOHIDE]

I love your comments about the Fed! Love your video! Thank you

[charlie4114]

i seem to notice they release bad news with good news. All part of the stage show.

[CoinsFreedom]

Attitude Adjustment:

Turn on CNN/FOX/CRAMER...turn the TV volume off and turn on the carnival music on your stereo. Crank it very loud and stack your silver and eat a can of beans from your food supplies.

[bozeman14]

yeah - they're manufacturing swine flu vaccine.

[nana2ish]

thanks!!!

[pulsescan72]

Derrick,

the uptrend is still intact. we have not broken support yet in the SPY

[endlessmountain]

i use the 50, and you are right. These are indicators i talk about. It has to be declining.

Its a matter of when it retraces and makes significant lows. The evidence does point to oct 21 being a top now.

[pulsescan72]

I would not call it a top yet unless we get a cross of the T/K to the downside. good point though.

[endlessmountain]

it has broke the uptrend line connecting the aug, sept, oct lows. We have actually broke below without confirmation, via the 50 day

[catdog262]

What good will silver or any other precious metal do you if all the supermarkets are empty.You should be telling people to stock up on food and supplies.

[urfastpaydaily]

Actually, I follow Derricks work and he has many times told people to stock up on food supplies as well. But I think his focus here was on the financial aspect.

Best to just diversify yourself with food, bartering supplies either precious metals or a skilled trade. Derrick has covered that in other videos.

[cultivatelife]

it'll serve as a local bartering mechanism. A full day help in my veggie garden for half an ounce of silver and a couple of tomatoes. Check out how they do it in Zimbabwe and how they did it in Weimar Germany. Same crap, different time.

[goodagofilms]

You Know what, sometimes you can see Derek's

underlying disbelief if the figures; he's looking at ! Then the controlled seathing anger controlled underneath sarcasm . I love the do nothing Obama. I'm sure his closing line will be...

" I'M JUST A PATSY "

[imchet]

Loved your closing line, and by the way you do have good grammar. Keep it up!

[doc7474]

Say it : 10% unemployment, Yes we can!

[pulsescan72]

more like 100% by the end of next year.

[loveguitars]

Thanks Bro!!!

[SolitonPL]

We have today November 2nd, which means ...

WEBBOT FAIL ;)

[AR15Truther]

I dont see webbot as fail at all..

You have to remember what "it" is.

It is "us" what we are thinking, and Clif said things would start happening in the markets but the media/markets would not be reporting it to be so negitive. yet we would see it starting to happen

(crocodile teeth) ups and downs

do you see it? GMAC, Capmark, CIT,

or think of a whirlpool effect. Clif is not a prophet..its a human Psy Science experiment, he can only extract what we put in. IMHO

[pulsescan72]

Its not Nov 5th yet..........lets see what happens.

[RenegadeTimes]

How can ya not enjoy Derek's commnetaries !

[Qualitatively]

Thank you! Go SILVER!

[jailarson]

as of 12:04 pm CDT the market has dropped back below yesterday's close.

[jailarson]

Not yesterday's, I meant last friday. OOPS.

[urfastpaydaily]

I was upset this morning when I saw them base the markets up on manufacturing speculations. They completely shrugged off Cit, and Capmark, and the fact that National bank closed having 68 branches. Oh yeah, and no mention of the record Nine banks that closed on Friday. Wall Street is Silent on the facts, but promotes the heck out of Speculation.

I since manipulation is silver. Two Weeks ago we were at around 59/1 ratio to gold, today we are close to 64/1 ratio.

The lies are unbearable.

[1mealperday]

so cit going down is a green shoot ! yea!

[alikokos]

lol

[Eraser7622]

LOL!! Funny grammar policy :)

[Xx7Zeithious7xX]

Very nice vlog.