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Friday, March 15, 2013 – But Wait, There’s More!

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click hereor call 480-820-5877. This year’s conference features Roger Weigand, Nathan Liles, David Smith, Mark Liebovit, Arch Crawford, Ian McAvity, Bill Tatro, and I will speak on Friday. There is an expanded Q&A session with all speakers on Saturday. I hope you can attend. But Wait, There’s More! By Sinclair Noe DOW – 25 = 14,514SPX – 2 = 1560NAS – 9 = 324910 YR YLD – .04 = 2.00%OIL + .42 = 93.45GOLD + 2.60 = 1593.90SILV – .04 = 28.87 Beware the Ides of March. The winning streak is over. These things don’t last forever. It’s just one day. The bad news continues for JPMorgan Chase. Bank executives have been appearing before the a Seante panel investigating the $6 billion trading losses of the London Whale. Today’s hearing and a subcommittee report released on Thursday paint a damning picture of a bank and high-level employees raking in huge payouts while ignoring risks, deceiving investors, fighting with regulators and trying to work around rules as losses mushroomed in a derivatives portfolio. The Subcommittee investigators, largely the same crew who unraveled financial scandals surrounding infamous Goldman Sachs trades like Abacus and Timberwolf, and also took on HSBC’s trans-global money-laundering activities in an extraordinarily detailed report issued last summer, have now taken aim at the heart of the Too-Big-To-Fail issue through its investigation into the CIO …

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Thursday, March 14, 2013 – Infinite Possibilities

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click hereor call 480-820-5877. This year’s conference features Roger Weigand, Nathan Liles, David Smith, Mark Liebovit, Arch Crawford, Ian McAvity, Bill Tatro, and I will speak on Friday. There is an expanded Q&A session with all speakers on Saturday. I hope you can attend. Infinite Possibilities by Sinclair Noe DOW + 83 = 14,539SPX + 8 = 1563NAS + 13 = 3258 10 YR YLD + .01 = 2.03%OIL + .41 = 92.78GOLD + 2.60 = 1591.30SILV – .11 = 28.91 March 14 is Pi Day, the official celebration of the mathematical constant pi, the number that represents the ratio of a circle’s circumference to its diameter. What makes pi so special? It is an incredibly complex way to describe the simplest shape; a circle. No matter how large or small the circle, the ratio is always 3.1415926, I could go on forever with the number because, as an irrational number, pi never ends. Some scientific types have calculated pi to 10 trillion digits, but the numbers of pi are random, with no repeating patterns. So pi has an unknown, infinite quality. It never ends, and since it is really a circle, it has no beginning. So, today is a day of infinite of infinite possibilities. Case in point. The Dow posted a record high again. This is the tenth straight day of gains on …

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Wednesday, March 13, 2013 – The World Changes, Some Things Don’t

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click hereor call 480-820-5877. This year’s conference features Roger Weigand, Nathan Liles, David Smith, Mark Liebovit, Arch Crawford, Ian McAvity, Bill Tatro, and I will speak on Friday. There is an expanded Q&A session with all speakers on Saturday. I hope you can attend. The World Changes, Some Things Don’t by Sinclair Noe DOW + 5 = 14,455SPX + 2 = 1554NAS + 2 = 324510 YR YLD un = 2.02%OIL – .03 = 92.51GOLD – 5.00 = 1588.70SILV – .23 = 29.02 Today, the chimney billowed white smoke. The Catholic church has a new pope; Cardinal Jorge Bergoglio; he’ll be called Francis, and he is from Argentina. This is a big change; a non-European pope. Though there is some controversy, Pope Francis has been described as a modest man, a simple man, very much involved in social justice, and he is known for his service to the poor. The world changes. Some things don’t change. The poor are still poor, the rich are still rich. A new pope doesn’t change that. Record highs for the Dow Industrial Average does not change that. The wealthiest 10 percent of households own 80 percent of all corporate stocks. It is good times for corporate America. Even as corporate profits have rocketed up by 20 percent a year since the end of 2008, the chieftains are still refusing …

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Tuesday, March 12, 2013 – Smoke Signals

Mark your calendar – April 5 & 6 – and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click hereor call 480-820-5877. This year’s conference features Roger Weigand, Nathan Liles, David Smith, Mark Liebovit, Arch Crawford, Ian McAvity, Bill Tatro, and I will speak on Friday. There is an expanded Q&A session with all speakers on Saturday. I hope you can attend. Smoke Signals by Sinclair Noe DOW + 2 = 14,450SPX – 3 = 1552NAS – 10 = 324210 YR YLD -.03 = 2.02OIL – 1.84 = 90.22GOLD + 10.90 = 1593.70SILV + .16 = 29.25 Today we will communicate with smoke signals, the same as the Vatican, which started its conclave to elect a new Pope with black smoke. Wall Street was blowing black smoke out of its chimneys for most of the day, and then near the end of trading, a little wisp of white smoke pushed the Dow iIndustrial Average into positive territory, and another record high close. President Obama travels to Capitol Hill to try to sell his grand bargain on the deficit. GOP blows black smoke from its chimney. Anyway, it appears that no one wants to listen to the president, meaning a grand bargain may be no easier to strike now than it was in 2011 or 2012 or any other time Obama has failed to do it. Paul Ryan responds by trotting out the Ryan Plan, which we’ve seen before; but this one …

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Monday, March 11, 2013 – When to Hold Them

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click hereor call 480-820-5877. When to Hold Them By Sinclair Noe DOW + 50 = 14,447SPX + 5 = 1556NAS + 8 = 325210 YR YLD + .01 = 2.06OIL + .11 = 92.06GOLD + 2.60 = 1582.80SILV – .01 = 29.09 So, the Dow industrial Average hit another high, the S&P 500 is within 10 points of a record high. Capitalism is doing well under this socialist regime. Let’s imagine you actually participated in this rebound. Let’s work on the idea that you have an automatic investment plan, such as a 401k or a SEP or an IRA, and you are invested. What now? Do you continue to invest? Do you rebalance? And the answer is yes, if that is part of your investment plan. The record highs do not change the plan. What if you got out and did not participate in the rally? Again, we go back to your plan. Why did you get out? Was it part of the plan? If you have a plan and you don’t follow it, that is like not having a plan. If you don’t have a plan and you’re wondering what to do; the first order of business is to get a plan. What if you have a bad plan? And if you have ever been stuck in a bad plan, you know what I’m …

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Friday, March 08, 2013 – Jobs Report and Bad Banks

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click here or call 480-820-5877. Jobs Report and Bad Banks DOW + 67 = 14, 397SPX + 6 = 1551NAS + 12 = 324410 YR YLD +.07 = 2.06%OIL + .29 = 91.85GOLD + .60 = 1580.20SILV + .12 = 29.10 The Dow Industrial hit their fourth consecutive record high close. The S&P 500 is within 1% of record highs. The S&P is up for 6 straight days, and 9 out of the past 10 weeks. Year to date, the Dow is up 9.9 percent, while the S&P 500 is up 8.8 percent and the Nasdaq is up about 7.5 percent. The economy added 236,000 jobs in February. The unemployment rate fell from 7.9% to 7.7%. The number of jobs gained beat expectations by about 76,000. The unemployment rate is now at its lowest level since December of 2008. Part of the reason for the drop in the unemployment rate is that fewer people are counted as being in the labor pool, looking for a job; this is known as the participation rate and it dropped to 63.5%, matching a 32 year low. Still, this was a much stronger jobs report than we’ve seen in a while. There was improvement, but not enough. We haven’t yet seen the dramatic upswing that leads to a virtuous cycle of growth and truly low unemployment. The report showed …

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Thursday, March 07, 2013 – Banks Rule the Law

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click here or call 480-820-5877. Banks Rule the Law by Sinclair Noe DOW + 33 = 14,329SPX + 2 = 1544 NAS + 9 = 323210 YR YLD + .05 = 1.99%OIL + 1.09 = 91.52GOLD – 5.90 = 1579.60SILV – .16 = 28.98 Another day, another record high close. It seems blasé, these little record high celebrations; and the more we see it the more mundane, but you’ll miss it when it’s gone. When will it be gone? I’ll let the market tell us. Right now the market is telling us that it is hitting record highs. Is there a disconnect between the market and the economy? Yes, there is. We have seen improvements in the economy, and we have some economic reports to cover in just a moment, but this is not a great, robust economy. So, can we expect a bubble in the market? Not necessarily. It’s certainly possible, but as of today, there is not a bubble. Check tomorrow. It is possible to have a less than perfect economy and to have record highs in the stock market; in fact, it’s not uncommon: 1929, 1937, 1946, 1966, 1982; market highs, rough economic times. At some point you might expect the markets to reflect the economy, meaning you might expect a bubble; maybe tomorrow, maybe three years, or maybe longer. The markets …

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Wednesday, March 06, 2013 – Hollowed Out

Mark your Calendar, April 5 & 6 and make your reservations for the 2013 Wealth Protection Conference in Tempe, AZ. For conference information visit www.buysilvernow.comor click here or call 480-820-5877. Hollowed Out by Sinclair Noe DOW + 42 = 14,296SPX + 1 = 1541NAS – 1 = 322210 YR YLD +.04 = 1.94%OIL – .39 = 90.43GOLD + 8.70 = 1585.10SILV + .34 = 29.04 I have to admit to a hollow feeling in these celebrations. The High Frequency Traders are probably having fun. The Wall Street banksters are swimming in waves of liquidity, freakishly similar to 2007, when they leveraged everything and then leveraged the leverage, and then leveraged the risk on the leverage. And after they burned the place to the ground, they took a bailout to rebuild, and they left the grounds slathered in debt. So, the Fed has cut interest rates to near zero, which is the optimal level when you are getting buried in debt. The low interest rate has the combined effect of lowering debt issuance and servicing costs, as well as increasing bank margins. The side effect is that currency debasement boosts competitiveness, investment and inflation. A few jobs result from increased competitiveness, but not enough to create a virtuous cycle. ADP said the private sector added 198,000 jobs last month; tomorrow we get the government’s monthly jobs report; and the word we now associate with the jobs report is “modest”. Here we are again; the Fed is juicing asset values and telling …

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Tuesday, March 05, 2013 – Milk and Cookies

Milk and Cookies by Sinclair Noe DOW + 125 = 14,253.77SPX + 14 = 1539NAS + 42 = 3224 10 YR YLD + .02 = 1.89%OIL + . 50 = 90.62GOLD + .80 = 1576.40SILV + .16 = 28.80 The Dow has recovered all of its losses from the financial crisis and the small”d”depression, gaining 119 percent from its low in March 2009, making this the third-strongest bull market for the Dow since World War II. Though the Dow has erased its memories of the crisis, many households aren’t so lucky: Neither jobs nor wages have regained their pre-crisis highs. Home prices are still nearly 26 percent below their level when the Dow last peaked, and about 14 million homeowners are still underwater on their mortgages. The job market has recovered only 5.5 million of the 8.7 million jobs lost during the downturn. With the job market weak, worker wages have stagnated. Inflation-adjusted average income is 8 percent lower than in 2007, when the Dow was at its previous high. A chart of the stock market points to the upper right hand corner, while a chart of hourly earnings is just a flat line. Higher stock prices do tend to benefit the more affluent. This might eventually provide a lift for the broader economy, or it might just be enough to sucker Mom and Pop investors into the market again; you remember those folks who were clobbered, twice in the past 13 years; those folks who were steamrolled by the …

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Monday, March 04, 2013 – The Strange Disconnect

I will be speaking at the 2013 Wealth Protection Conference April 5 & 6. Click here for more information or call 800-494-4149 or 480-820-5877. The Strange Disconnect by Sinclair Noe DOW + 38 = 14,127SPX + 7 = 1525NAS + 12 = 318210 YR YLD +.02 = 1.88%OIL – .62 = 90.06GOLD – 3.00 = 1574.80SILV – .06 = 28.62 It seemed like a long weekend, and then suddenly it was over. So, just to make sure we’re still on point, let’s start with a brief recap of last week. One week ago, there was widespread concern about the Italian elections, which ended in gridlock. Fifty-seven percent of the Italian vote went to parties that have vowed to tear up the European Union’s austerity script. It might send a signal of an end to economic reforms in Italy, that could undermine confidence in Italy, that could result in higher borrowing costs; which could result in a new bout of Euro-zone sovereign solvency fears, which could send markets lower until such fears are removed. In the US, Fed Chairman Bernanke testified on Capitol Hill that Fed stimulus would in fact continue into the foreseeable future, and the economy was doing much better, according to Bernanke. The housing and auto sectors and consumer sentiment data showed continuous improvements. The Fed will keep the free money spigot wide open and the banks will be flooded with cash, or some rough equivalent. If there was ever a good excuse to rally off a dip …

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