Loading ...a one dollar bet among thieves sounds about right. Looks like more of the same today.
Another wasted year.
buygold
This remains me of the movie Trading Places. Two hedge fund CEO’s probably got together and made a one dollar bet if Gold was to finish the year above or below 1204. So tonight at some fancy New Years Eve party they will settle the bet at midnight.
From Otto at IKN
Say bye-bye to Petaquilla (PTQ.to)
This from Panama’s “Critica” newspaper, linked here. Translation your author:
The government of Panama has initiated the paperwork to revoke the operating permit of the Petaquilla Gold mining company, due to its non-compliance in payment of social security dues to its work force, said the Minister of Work today, Luis Ernetso Carles. Carles said that the legal representative of the company, Richard Fifer, was now under criminal charge from the Social Security Office (CSS) due to the non-compliance of social security payments for the company’s 604 workers, according to a government communique.”The actions of the legal representative of Petaquilla stain the employment opportunities in the country”, said Carles, while informing that Petaquilla Gold currently owes three months of salaries and employees debts that total around U$3.8m. The Panamanian Minister showed his concern of the situation faced by the workers, due to the lack of responsibility for the payment of dues by the Canadian capital company.The Petaquilla Gold company is located in the district of Donoso, in the province of Colón, some 130km West of the capital.
Don’t say we didn’t warn you
Commish
a close above $1204 would imply follow thru from yesterday.
No follow thru is allowed in pm’s.
Good morning Oasis
Zambia mines minister says mining royalty hike will remain
http://finance.yahoo.com/news/zambia-mines-minister-says-mining-185017233.html
Gold Train
In the Golden grasslands of Cheyenne
http://www.railpictures.net/viewphoto.php?id=491501
Well will Gold break 1204 and end the year positive?
Or no. Then hear them tell us over and over what a bad investment Gold is.
Tdys Scum closeing forecasts
Rates….flat to down
Oil….on it’s arse
Pm’s …on their arses ( PM stox below their arses)
Dollar….well bid.
SM’s …..Top tick, for the day, year and all time ( Until Fridays new ones ) !!!!!
Lithuania officially worlds most stupid country
Lithuania to Join Euro Tomorrow, Despite Currency’s Many Problems
Mr Copper
You brought up a good point about how high can the dollar go. Now it looks like Germany will be next due to Obummas squeeze on Russia affecting their exports and immigration for jobs also causing problems there now too. Who else over seas will be affected as well. Swiss and chocolate? Well that will probably be the last to go.
Then I think what Armstrong said about next to be hit will be the public sector and pensions. The public sector is pretty big and includes Heath care which has already been hit and Obama care not gonna do much because of their catch 22 of deductible being met first when you can’t get blood out of turnips. If their smart if the bills big enough they make their own hardship clause and waive the deductibles and see how well that works out for their unaffordable care act. Pay me Obumma your not gonna get out of it.
Those nurses who’ve been around long enough know what cuts that end in cuts in staff as well as pay has done before and even now. Think it’s bad now?
A nurse reminded me tonight about staffing when I was floating around many moons ago via registry while taking classes revolving around forensics.
She couldn’t beat mine. I walked into a long term care facility relieving one licensed nurse for the whole long term care and semi acute hospital where there should of been at least two at night for about 160 people with a lot of things going on. There I was alone on day shift where there should of been at least three but four, the only licensed nurse in the place. Calling the administration all the way down to staff no one answered the phone . The night nurse literally ran out the door which report was another story and figured out pretty quick why. She didn’t want to stay. Well not being staff I didn’t have authority to call registry but no answer from them threw their authority out the window. What staff? I called up a SOS message to X navy seal friend also registry and gonna start his own. Well like they are he was the only one in the world it seemed at the time to come to the rescue. Second time he helped me for one reason or another. Now imagine being a patient and seeing that. Hope those days don’t return again. They think their smart and fly in immigrants but Ill tell yea, they were the ones that didn’t show up that day. That being said they might of been tired of the same who knows. Then there was the issue of time off, no time off cuz no one to replace you or getting stuck working another shift too frequently. At that time nurses moving into registries for that reason.
I don’t know how Armstrong thinks it will only affect the public sector because the squeeze will affect the private when there not buying their products less one of his comments reflect that with all sectors will be affected.
Auandag – The Entertainment Industry
At the end of the clip Conan puts 2 fingers to his lip a signal perhaps to his corporate heads?
Click chart to enlarge
If you do not think that there is a propaganda machine that tells us what to think, I want you to watch the video posted below very carefully. This video makes it so obvious that even a small child can understand it…
Mr Copper – RE: “disruptive market practices”
so my question to the regulators (as if there are any) is – Is this latest release not an admission by the CME that manipulative practices have been employed, and tolerated, in the past?
My question to the Class Action lawyers would be how soon can you start?
Maybe there is hope!!
Turning plastic into food? Incubator with hungry fungi can do just that
Two Austrian designers have teamed up with Utrecht University to develop an incubator dubbed the ‘Fungi Mutarium.’ It cultivates plastic-digesting fungi, which is edible.
Researchers at Yale University in 2012 discovered a rare variety of mushroom that could break down polyurethane, a type of plastic. What followed was a wave of research exploring how fungi can degrade plastic without retaining any of its toxicity.
Along came Katharina Unger, who thought: “What if this waste could be turned into food?” And with five trillion pieces of plastic clogging up the world’s oceans, there is no shortage of raw material.
She and her partner Julia Kaisinger set up a mini-factory, which they call the Fungi Mutarium, or the FU. It cultivates the mycelium (roots) of two strains of fungi – Schizophyllum commune and Pleurotus ostreatus. Both of these mushrooms – which are regularly eaten by people – can consume and break down plastic.
But the process isn’t as simple as it sounds. In order to be edible for the mushrooms, the plastic must first be put in an activation chamber where UV light sterilizes it.
The plastic is then put in the FU, or growth sphere, where it is placed in an oval egg-shaped pod made out of agar – a seaweed-based substitute for gelatin. If mixed with starch and sugar, agar can act as a nutrient base for the fungi.
Fungi sprouts covered in liquid nitrogen are then put into the FU, which over time digests the plastic. This takes a couple of months, but researchers are working on accelerating the process by optimizing growth conditions.
“They [the fungi] are found throughout the world and can be seen on a wide range of timbers and many other plant-based substrates virtually anywhere in Europe, Asia, the Americas and Australia. They digest toxic waste materials, and are also commonly eaten,” said Unger, as quoted by The Local.
Unger and Kasinger have eaten the fungi, and say it has a neutral flavor. However, they are thinking of developing conceptual recipes such as carrot and chocolate.
Wow! The Ski Train worked!
Now that we’ve climbed THAT mountain, I don’t suppose anyone cares to go back?
http://www.railpictures.net/viewphoto.php?id=511696
EQUISETUM- I guess old foresters like you don’t retire with a gold watch, but instead get a silver maple leaf! I like your taste in jeans, especially knowing where the important rivets need to be!
Happy New Year to everyone… for as long as it lasts!
PS
As for the punchline: momentum ignition will soon be banned!
As a reminder, momentum ignition is perhaps the primary strategy that has enabled in practice what the Fed has been trying to accomplish in theory (and through printing), namely sending risk assets to all time record highs, using a highly leveraged product such as the USDJPY, which is ramped and has its momentum ignited, with the subsequent avalanche of momentum hitting all other risk assets, most notably the E-mini.
ANOTHER MAJOR REVERSAL
Think about it….The past has been one problem after the next and culminated in the 2008 meltdown. Bernie Madoff was first. Things are trying to right themselves.
Parts:
“The good news: starting September 15, 2014 the CME said it would no longer tolerate what is affectionately calls “Disruptive market practices.” This is what we unaffectionately called HFT-market rigging practices including frontrunning, quote stuffing, churning, subpennying and so on.”
“As the bulletin below shows, the ICE is now merely the latest futures exchange where the most glaring forms of HFT market abuse will no longer be tolerated. From the just released notice”
Winedoc, Farmboy. Wishing you the best for 2015.
Year-end 2014 was a pleasant time with loved ones. For Christmas I got a new pair of fleece-lined jeans. I like the Moose Creek brand not only because of the warm fleece, but also the rivets around the watch pocket are high quality compared to the rivets on Levis and other brands. Arctic outflow winds here today made me appreciate the lining in the new jeans.
Dollar Higher To Help Europe Japan
Chart, all currencies, showing all other nations getting a lower currency shot in the arm boost, to give them some hope while the USA applying the brakes (higher dollar) (affordable) since July to accomplish it.
Goldcountry
Good for these Judges. I’m surprised they haven’t addressed other things he’s done unconstitutionally.
So if a guesstimate of up to 30 million illegals living in the US are they going to make up for it by stopping the 1 million legal immigrants for the next 30 years? I million now already too much any more as growth stopped years ago .,Their gonna just try to slip them in and jerk around numbers. They already pulled that amnesty thing in the 80s and didn’t stop anything, now we have even more than the 2.5 million then. Up to 30 million more.
@Richey re the “situation”
The more I read other peoples views, the more I realize I’ve been watching the “game” more intently and far longer than they have.
Pretty much everything I thought would happen after 2001 and 2008 has happened, so I know I’m on track. I do read other authors views, but always find “crabs” that prove the others are not up to speed.
I suspect the 6 month RUN UP from July 1st with the Dollar was done on purpose to put the US commodity “recovery” on hold, and give all the other countries a temporary breath of fresh air. Naturally, there is always a time lag between action and reaction.
The question I have had is how long will they keep the dollar climbing? I doubt they want to prolong the dollar rally because it would undo all they have accomplished since 2001, re getting US commodities higher and US exports better.
As a shear guess? The dollar rally has ended now.