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September 7, 2015 | Hard Money Commentators Need some Education! Why?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

After years of changes within our finance industry, our stock exchanges, our computer trading markets, our interconnected global markets, and our bit/cyber money…my Hard Money commentators/gurus are mostly in ‘left’ field with many of their words and awareness! I listen to views of these leaders (in the Hard Money Camp) daily on King Word News, Korelin Economics, Jay Taylor media, 321gold, Cambridge House Conferences, New Orleans Investment Conference, TruNews, the Silver Summit, CNBC, and other forums. I am shocked at the lack of understanding among most of these leaders within the Hard Money Industry. Why this disconnect with current reality?

Miners seem unaware of current technology and trading activity, economists seem unaware, commentators seem unaware, the Guru’s within this Hard Money Crowd seem unaware, the speakers at all the many Hard Money Conferences seem unaware. The lack of diversity within the thinking of this crowd is amazing. The words being presented to the public are rather confusing and misleading. Their lack of awareness of how our cyber markets work is also disappointing! What is the problem? Why all the ‘group think’ within this controlled group of experts and gurus? Is human nature part of the problem?

The New Orleans Investment Conference used to be State of the Art (current information and reality)! But today, I would suggest that it is mostly ‘group think’! Why?

I listened to one of the leaders within this group yesterday. His name was Marc Farber (claims to be an economist) of the GloomBoomDoom report: This Guru/economist of the Hard Money Crowd seems totally unaware of our new electronic/cyber markets and the Algorithms which now are ubiquitous within our trading markets. In his mind all our Central Bankers are still ‘printing’ paper currencies and trade is via the Open Out-Cry System (so it seems). Prices are determined by supply and demand and the Paper market is what we witness when we trade and exchange. At least his WORDS reveal this, to me, when I listen to him. This same mentality is everywhere within this Hard Money guru crowd. I have listen to this group for years!

Banks are still ‘printing’ money and traders determine prices via their transactions in a Supply/Demand marketplace…this seems to be the mindset of this Hard Money Crowd. Mr. Faber does not mention that our ‘dollar’ is now a cyber currency, a digital currency, a bit unit, and that all our markets are now computer operations (within cyberspace). Manipulation of prices via Algorithms is not within his purview (it seems) and the concept of Cyber Space is not within his lexicon. Why this lack of awareness within the entire Hard Money Guru Crowd? What is missing in their education? What is missing in their awareness? Why all the ‘group think’? Are they not aware that all our markets are now within cyberspace and that electronic trading is the standard? Do they talk about our global interconnected Web?

None of these Hard Money Guru’s mention the ‘nature’ of our currencies today or the ‘nature’ of trading for determining our ‘prices’. None seems to talk about Algorithms, Robots, or Cyber Space. None seems to perceive the ‘nature’ of these cyber currencies and what our Central Banks are now doing. What is the problem with their thinking and awareness? My sense is that they are so full of ‘group think’ and past history that they can not discern that all our markets have changed! Trading has changed from the Open Out-Cry System for (setting our ‘prices’) to electronic trading where ‘prices’ are now determined within our Cyber Computer Markets. Algorithms are now ubiquitous and speed-of-light trading is ubiquitous. Why this disconnect in our Hard Money Guru Crowd? Why all the old (out-dated) terminology in their presentations? Why?

Part of the problem could be the Closed Nature of this group to outside input (real contrarian views). The group of leaders and thinkers within this Hard Money Crowd feed on the same menu of WORDS when talking to each other and when they talk about our markets. These gurus are not being Challenged by the new thinking which has emerged in recent years. The big event for this Hard Money Crowd is the annual New Orleans Investment Conference. I used to go to this event back in the 70’s and 80’s. This huge event for Hard Money Investors seems diversified when the average person looks at the line-up of speakers. But is this group really diversified? What do they focus upon! Who attends? Why all the talk about GOLD and not about our Cyber Space Markets?

This coming New Orleans event will be held from October 28-31, 2015. Go to: for details. Here are the main speakers at this event: Marc Farber, Chris Powell, Pamela and Mary Ann Aden, Brien Lundin, David Morgan, Marin Katusa, Sean Brodrick, Rick Rule, Adrian Day, Eric Coffin, Peter Schiff, Brent Cook, Frank Holmes, James Rickard, Dennis Gartman, Doug Casey, Ian McAvity, Frank Holmes, Thom Calandra, Mark Skousen, Bill Murphy, Rober Prechter, plus a few others. Personally, I have heard all these gurus many times. None seems to talk about the reality of our Cyber Space Markets or our Algorithmic trading. None talk about trading strategies and computer manipulations via Algorithms. Why all this ‘group think’? I would attend this event but I can learn all about their thinking on the internet!

Our markets have changed due to new technologies and our global interconnected web. Our markets are now Cyber Markets where computers and computer trading predominate. Gold and silver are being manipulated daily via Algorithms, robots, and automated trading. Our markets are now speed-of-light markets and High Frequency Trading is ubiquitous. Robots are being used along with algorithms for entering and exiting trades. All our Central Banks now have trading rooms and secret venues for effecting our markets, prices, and the emotions of traders. Central Planning (via computers) is now the model which makes up our global markets. The entire marketplace is now manipulated and partially rigged as trading is now electronic. All our stock and bond markets now function within cyberspace. Virtual stocks, bonds, derivatives, and mortgages are now being traded (within our computer screens).

Our money is now a ‘bit’ currency and photons traveling at the speed of light create our digits which we call our money. Bit-coin, Bit-gold, Bit-dollar, Bit-euro, Bit-yen, Bit-pound, Bit-ruble, etc. reveal the nature of our markets. Do any of the above GURUS talk about these issues? Are they aware of these issues? Are they educated on our current cyber markets? I have my doubts! So attend the coming New Orleans Conference (if you will). But don’t expect to grow in real global awareness or understanding! None of the above seem to understand our current bit, tick, pip, cyber, digital, QE markets! That is my view from listening to dozens of the above over the past few years! Enjoy and keep reading my blog for relevant information! I am:

P.S. What is a ‘tick’ chart? Are moment by moment transactions revealed (tick transactions)? Have you downloaded a LIVE ‘tick’ chart for silver/gold yet? Go to APPS and download an algorithmic real-time App. See this website for some options: Each buy/sell transaction is a ‘tick’ on a chart. Tick charts reveal the ‘nature’ of today’s Cyber Markets. Enjoy!

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September 7th, 2015

Posted In: Kingdom Economics

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