Christmas… it’s out there! Coming at ya like a freight train!
http://www.railpictures.net/viewphoto.php?id=508439
Christmas… it’s out there! Coming at ya like a freight train!
http://www.railpictures.net/viewphoto.php?id=508439
I think the system is trying to get back to normal, from present day, politically correct, emotional, abnormal. Pricing of everything is abnormal.
I remember when he had a slick presentation of peak oil that was all over the internet and it had credibility due to his uncanny predictions of oil’s rise from about $30 to over a $100. This was despite the fact everybody else was predicting lower prices. Either he was a genius or had inside info. When I heard he was a member of the council of foreign relations I smelled a rat. I could be wrong but i think it was a setup using peak oil as a cover to once again shear the sheep. Its one scam after another with the wall street bankers.
Goldie– there is a lot of disinformation about Ferguson that started circulating from day one. It stemmed mainly from the account of events as told by Dorian Johnson, the friend who was with Mike Brown, as well as several “witnesses” who saw pieces, and in some cases, none, of the actual encounter. Our shameless media grabbed the story and ran with it, based upon very little hard fact, and a lot of one-sided testimony, much of which was later changed to fit the story as it evolved in the news stories. Much of that early testimony was also changed and/or recanted during grand jury proceedings when witnesses were pressed with evidence from the scene and from the autopsy reports. There is a good AP piece about this entitled “Ferguson Grand Jury Papers Full of Inconsistencies.” You can Google it.
Throughout this whole mess, and I have followed it closely from the start, I have been struck by a couple of things. First, virtually every mainstream media story has been slanted to the view that an unarmed (read: innocent) black teen was gunned down–for little or no reason– by a rogue white cop. Nothing could be further from the truth. And, secondly, that mainstream America, as shown by the comments that followed all those articles, was not fooled at all. The comments have been overwhelmingly— like, 95% or more–repudiating to the writers of the articles.
I don’t dispute the idea that there is racism in America, and I don’t dispute that police can get overly aggressive and/or overreact in some situations. This simply wasn’t one of them, and all the anger and angst and breast-beating and protests that have evolved from this incident are misguided and misplaced, and, most importantly, based upon completely false pretenses. “Hands up, don’t shoot” is a sham–it’s not what happened. And it is an excuse to act up and act out for some, and to further some other agenda for others.
Floridagold – thanks, I knew I could count on you! 🙂
Mr. Copper – remember Matt Simmons? He was “Mr. peak oil” where is he now? Of course it was a story, pretty much like every other thing we read on the internet.
Kentucky – no doubt the Muzzie in Chief is part of the Great Satan network. The CB’s are no doubt responsible, but we here in the US are the CB’s killing machine and henchmen.
It started as a book I think, possibly propaganda, and it sounded so convincing, every body believed it was accurate. Lets face it. The more dire or scary things sound, the more they love it.
I found out or rather observed, that nobody is really interested in good or positive information or predictions.
When the economy crashed, and that meltdown took hold, and thing got real bad, everybody I knew thought things would get even worse.
I told many people around me, some business owners, that things were bottoming and things would get better. Nobody believed me. Nobody wanted to hear it. I even told MANY, that Obama would get credit for an improving US economy, even though Obama has nothing to do with the US economy.
Back in the 1970s when the USA was riding high, and everybody I knew was happy, and many others in the USA thought living standards would stay high forever, and nothing was going to change.
Back in the ’70s, I started warning everyone I knew and worked with, that things would gradually get bad in the USA if we keep up this mindless buying of mathematically cheaper imports.
They never believed me in 1975 when I said things will get worse.
And they never believed me in 2008 when I said… RELAX, things will get better, and things DID get better after 2008.
Right now, in my mind, because of the recent higher dollar, there are two different possibilities, so the future is in “limbo” and I need more time to see which “hunch” is right.
is increasing and the 200 $ up days were a real stalking horse and had to be followed by a equally violent smack down…
This was a GIFT for the Swiss if it is their intention to re stock their Gold supply …!
It seems like the Gnomes of Zurich are in battle with the Trolls of U.S….both sides trying to influence the Swiss VOTE !
The dirty little secret of deflation is asset values fall below the amount loaned on them and retail banks start failing in big numbers. The morons in charge still haven’t figured out that a rising stock market propelled by hot money instead of earnings is called a “bubble”.
the big bailouts of 2008 fixed nothing. It just kicked the can down the road. We are now at “down the road”. When the new congress is seated in January, something bad is going to happen, no matter what.
james Lankford, the new senator elect from oklahoma was asked if oboma was going to be impeached. His answer was a classic. He said ,”I don’t know a single republican that wants joe biden as president”.
Just when you think things can’t get any worse.
i don’t care how high or low gold and silver go. It’s not an investment for me, it’s insurance.
keep on stacking.
rno
the only reason is because I had no spare Canadian fiat available for that purpose. So far, that is about the only reason I have found for not buying more phys. silver each week. Have a pleasant weekend .
Dude
so right
i bot more 1 kg silver bars today
Best
winedoc
How long have I been talking this game? Paper is manipulated to the max! They will NOT let one win at that game as long as they control that game. The only thing that matters is stacking and holding physical IN YOUR POSSESSION for that disastrous day when the paper system and USD collapses in the final burning heap. Physical survival assets also count.
–From the bunker… waiting….
Maybe their not knocking them off because if what they did but because they found something or won’t play ball so sre bring eliminated. Maybe then if their not around to defend themselves they can make them the fall guys later. Either way seems too obvious with anyone with half a brain these are inside jobs.
if they keep knockin -off the Bankers somethin will change ! and they’ll get the right ones . What goes around comes around…!
Not only are we in the US the “cat’s ass” we are the horse’s ass, the jackasses, and the pig shit of the entire world. I think the Muzzies had it right years ago when they called the United States “the Great Satan”
So the Muzzies have one of their own as the Satan? The central bankers of the world get my vote. It is an all out assault on the world and there is nothing anyone can do. It would take an act of God and He does not seem to care. Back into my cubby hole and play golf.
I thought the Saudies were pumping mostly water and running out of oil. They don’t seem to be too worried about their supply right now!
“I have to give it to the US, you guys are the cat’s ass!”
Beautiful.
Not only are we in the US the “cat’s ass” we are the horse’s ass, the jackasses, and the pig shit of the entire world. I think the Muzzies had it right years ago when they called the United States “the Great Satan”.
“While we have covered the aberration that is a negative gold GOFO rate previously and in extensive detail in this post, an abridged version of what negative GOFO means comes courtesy of Deutsche Bank’s recent discussion on what a successful Swiss gold referendum. To wit: “It is interesting to note that benchmark gold-dollar swap rates have recently traded negative, meaning investors are paying to borrow gold. This is unusual as gold is traditionally used as a source of collateral for cash financing…. [A] number of factors may play a role, such as excess dollar liquidity or an increased demand for collateral on the back of the global regulatory developments.” In short a gold shortage at the institutional, read commercial and central bank, level. And not just a shortage but the biggest shortage in history, judging by today’s latest plunge in the 1 Month GOFO which just dropped to -0.5% and , worse, 1 Year GOFO that just hit its lowest print in the 21st century, and is also about to go negative: something that has never happened before further suggesting the gold shortage could go on for a long, long time!”
Somebody please tell me I’m wrong.
Yep and that balcony will get awful crowded as time goes on until everyone’s in and it comes crashing down.
Just fricken amazing-everything and I do mean everything is in the red except…drum roll….the $US and US stocks and bonds! And its all done with a magic printing press. I have to give it to the US, you guys are the cat’s ass!
I don’t think the Swiss vote would have much impact on the gold. Only a global demand would, not just one country. If so the Yen being devalued in Japan would probably bring gold up in yen terms but not so much rising dollar terms.
Yet mkt still hammered…go figure folks.
If the Swiss vote Yes, then no doubt they’ll take out the lows .
http://in.reuters.com/article/2014/11/28/india-gold-imports-idINKCN0JC1GY20141128
and 1 Yr GOFO rates near a back.
But with crude today and the huge gain in “King Dollar” it’s hard to see gold going to da moon
As always gold has huge drops when gold bullish events are anticipated months ahead of time by the BUG community–As in the “GOFO rate chatter and the Swiss vote–surely gold’s hammering is purely coincident around these events…[wink wink]
So much for the big COMEX default/squeeze in the Dec contract phyz delivery
gold support at $1160 and silver at $15 might hold this break. Many times holidays are major or intermediate tops or bottoms. I think I mentioned $1160 in a post a couple of weeks ago. I will purchase my dollar cost average amount plus however much more I can afford next week. I am only buying silver now.
looks like palladium is still on the move up. I have no idea why.
rno
to all US friends
except
the Turkeys in the White House and the Hill.
FRR
OPEC Meeting in Vienna – no cuts – seems like they rather undermine the fracking in the US
and make it obsolete by further Price Erosion. I don’t really think that’ll happen, as the global
overproduction will rapidly be soaked up by low Price.
I’m also a sceptic on the Swiss Gold vote, though I feeel any outcome will eventually prove
positive as it is another factor to remind the Folks of the real importance of having some
Kind of monetary anchor for our System of total madness creating fiat Money as debt only.
Gold is backing any asset and will ensure your liberty, privacy and insurance for your wealth,
health and “stealth” (O.Wells-1984 revisited, though far outdone).
Lastly, by professing deflationary Depression were heading towards hyper Inflation in the
West, as we won’t be able to Export our monetary induced fiat printing Inflation for much
longer. In the case of the US the hegemonial reserve “Petro” Dollar Standard is finally
obstructing itself, as the US was at war with every Major oil Producer on the globe,
calling it either war on Terror or Arabic Spring was in reality raping These countries of
their real assets. As of now now, do we know as being even their closest allies if we will
be their victims tomorrow – see the German Gold – and did we ever see a real Gold brick
st5amped, numbered and registered, approved given back to ist rightful owners – don’t
even know the Dutch miracle of 122 tons – as it seems the US Gold reserve has not only
been ever officially audited since 1952 – it seems to have simply vanished.
Vanished to the Gold heaven, the Ozzies, Canucks and the UK have departed from most
of their Gold reserves (id est barbarous relics, though in essence to get a return on their
assets – selling between 250 t0 350 $/oz of Gold is what I’ call is a real big fat return in
my opinion 0f up to 400 t0 800 …negative percent … so what’s that compared to only
real negative interest rates of about 2%. But the there’ve been others. The Swiss, the
IMF, talking about double counting as ist Gold is just pledged by ist members.
…..