redneckokie1
You “herded cattle on horseback” I’m impressed, not too many can say they’ve done that.
Okra … I can’t even say I know what that is. Not a west coast thing. Is it something like cabbage? 🙂
I Smell a Trap
Looking at the action, it appears possible that the olden days of regular, measured movements in the normal bull market could be history for silver and gold.
Rather, at this point, it’s possible that the banks will hold those down until that very last second, when they can no longer hold the worldwide financial and monetary system together. I suspect that time may highly correlate to the time in which they can no longer meet silver or gold deliveries in a timely fashion, either. Read and see charts
Ipso
Never cared much for grits but okra is ALWAYS in my garden. About the horse thing; I rode a lot more than I cared for in my youth. Herding cattle in the summer is hot dirty business. When horses get cabs and air conditioning and heating, I might get interested again. New models always have steering and brake problems. Looking for newborn calves in the winter was never pleasant either.
farm is leased out now. Other people are enjoying that glamorous lifestyle.
rno
eeos
I wouldn’t want to be riding on that train!
Let’s check my Timex…Ok calling a market top at Dow 17, 666, to go against the Mar 09 S+P bottom of 666
See how easy technicals are?
beatdown well deserved Ipso
Talk about a total pump recently
Hulbert
The Dow Theory is now flashing a ‘sell’ signal
not related to Gold but
but check out this 20 year Costco chart. Everyone in America has decided Sam’s Club selection and quality isn’t making the mark. We buy considerable amounts of groceries here to save grocery store runs. People trying to shave cost more and more, is what it says to me. The strong dollar must be making those big screen TV’s cheap for everyone with a membership card. Surely a big part of the revenue stream.
Anti Israel students harass threaten Jewish students in Davis Calif.
Why they are not being charged with terrorism and jailed is beyond common sense.
Maddog, With 100% Of Tax Payers Employed, and Under Paid By 25%?
The results are the same as 25% unemployed. Until TPTB acknowledge this, they will continue flailing and having problems. I LOVE this, watching them squirm. 🙂
A good place not to be
Venezuela’s Largest Pharmacy Chain Execs Jailed For “Provoking The People With Economic War”
Tyler Durden’s pictureSubmitted by Tyler Durden on 02/02/2015 20:40 -0500
Because admitting that the Venezuelan utopia is failing due to the policies of Hugo Chavez’ “socialist revolution” would leave the thread by which Venezuelan socialism hangs ready to snap, President Maduro has shifted the blame for hyperinflating-price-based staples shortages and food lines from a cut in oil revenues to the dastardly capitalists. As The BBC reports, Maduro ordered the arrest of executives of one of the country’s largest pharmacy chains for allegedly creating shortages of everything from diapers to heart medicine. A triumphant information minister proclaimed, “we came, we normalized sales, we summoned the owners, we arrested them and they’re prisoners for having provoked the people with economic war.”
SOON, Better Economic Numbers For Non-USA Countries
Worse economic numbers are just starting to show up for the USA. The brakes were put on the USA recovery in June and results are starting to show.
In non-USA countries they put the “pedal to the metal” starting late June and they should start getting better numbers soon. Look at the charts. Definitely not natural currency adjustments.
Maddog
“New political parties that want out of the euro”
There are still democratic processes functioning. The NWO guys must hate that!
The weak dollar should have helped us today, ordinarily anyways, although recently the strong dollar-weak gold correlation hasn’t been seen much.
Hey gold’s getting a bid. The day’s not over yet. Esp silver!
ipso-facto
My guess is the weak members will go, the big difference between Greece and the others is they want to stay in the Zero, all the others have these fast growing parties that want out, so far none have been elected, but that is only a matter of time. Once one of those looks like getting power, then the shit hits the fan.
Before these new parties emerged no-one even contemplated dumping the Zero/EU, but now as times continue really bad, it is becoming blindingly obvious what the problem is and of course the likes of Le Pen can see the votes and there is nothing a pol likes more than votes…well cash 1st.
We could well end up with a hard Zero, once all the deadbeats leave……but that depends on how big a mess is made of the EU and how stupidly they cling to power. People may never want to hear of the EU ever again. Also France meeds a weak curency, so all that was left would be Finland, Germany, Austria and Holland.
Cheers
Ps good call re Dollar. it looks like it was that, not the Scum for once.
“Made In Vietnam”
I bought a new pair of shoes. Look inside and see…”Made In Vietnam”. Geez what kind of non-sense is that?? Very annoying. We can make shoes right here if those global Banker communists and special interest global businesses were not in control.
When Will The USA Drop Out Of The Eurozone???
That’s where I live, in the USA, and Europe imo is and HAS been one hell of an enormous burden on this country. My grandfather and millions of others left Europe in 1908 for very good reasons. They never thought they would be followed and then re-absorbed by Europe.
Europe just a bunch of spoiled cry-babies that can’t support themselves. I was talking to a Romanian immigrant yesterday, “We got 28 sick days, and free collage education”. A German guy once told me they get 6 weeks vacations and unlimited sick days. Lets not forget, the spoiled brats get free medical insurance free healthcare.
If you can find old re-runs from the ’70s, of the Archie Bunker show, (“all in the family”) watch them and you will hear and see all the propaganda, re cultural engineering and modification of the US masses, to make them more dumb and leftist.
Re Eurozone Break-Up
I’m certain natural reversal of mistakes forces are trying to do that, but Gartman said something like …
“If Greece drops out, Spain Portugal and some others Italy? would also drop out, then the Euro would skyrocket, and kill Germany’s export economy. And they won’t let that happen, so they will contribute more funds to Greece as they keep saying they won’t.”
Fifty years ago, integrating all the western nations as a wet dream, or contraction stop-gap measure, was a big mistake for the future. We are now in that future.
Maddog
So … the can kicking may have hit a dead end. What do you think? Greece out of the euro soon? Sure seems inevitable and others of the PIGS probably following along too.
PS Maybe Germany leaves the EU first!
ipso facto
We may have seen someone dump a huge Au possy in say Zero’s…..and if the selling stops now Europe has gone home that may be true…..as the Bubbles…..(Bubble and Squeak = Greek) in Cockney rhyming slang……
The farce will go on for ages…but Germany can’t give an inch, if they do, then whoever does is politically dead meat.
Back To Square One: Germany Throws Up All Over Varoufakis Proposal, Calls Greek Plan “Half-Baked”
Maddog @ 11:05
Plus the dollar is dropping like a stone.
Supposedly part of the gold beatdown is attributed to the Greeks who are now talking nice … as long as they get more loans. Soon to be seen as hogwash.
The Zero/EU is on borrowed time.
Check these poll rateings, the people have had enough…..it is now just a matter of time.
It is politics that now matter. EU veterans warn that any mishandling of the Greek drama could escalate into an existential threat to the European Project itself. They deplore the sabre-rattling in Brussels and Berlin, deeming it petulant, even bordering on idiocy at a time when the political centre is imploding in a string of countries, and not just in the South.
The Dutch Labour Party, the dominant force of Holland’s post-war `Polder’ era, collapsed to 9pc in the EU elections last year. It has immolated itself like so many of Europe’s once-great socialist parties by enforcing what amounts to reactionary 1930s policies in the name of EMU. “The centre-Left has lost all credibility,” said Simon Tilford from the Centre for European Reform.
Spain’s Podemos party – much in evidence at Syriza’s victory party in Athens, and even more mutinously radical – is leading national polls at 27pc. Marine Le Pen’s Front National won the EU elections in France with calls for a return to the franc and a return to sovereign borders. The three biggest opposition parties in Italy are now hostile to the euro. This is not contagion from Greece. It is running in parallel. Yet how it is handled will spill over with emotional force into the internal debates everywhere in Europe.