Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...C’mon PPT get your shite together. Paper over that shiat! Richard 640 smelled a dead fish a few days ago
Payday …..
Dollar Cost Averaging …….
Good way to go, more car parts on the way !!
Winedoc
Re Tsparis….makes complete sense…buying people is how the EU works……Tks.
We may yet see serious unrest in Greece if there is a sell out, after such a huge Referendum majority…..not over yet and all these shenanigans and crookery are increasing the anti EU vote everywhere.
Non stop massive offers in GDX….same’ol, same’ol…they don’t hit the bid, but are always there.
“Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out.”
From the original minutes of the Philadelphia bankers sent to meet with President Jackson February 1834,
from Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels
from Stockman
……and it will be a doozy. What the referendum did was to force the troika con job out of the accounting shadows. The Greek people now fully understand that it was not they, but the European banks and bond funds which were bailed out by the troika.
….and the taxpayers of Europe now understand that it is they who are on the hook, not the Greeks who can’t and won’t pay; and not the Brussels apparatchiks, who committed them to off-budget guarantees that they falsely assured would never come due.
….When the Greek due bills come to its parliament, the anti-euro opposition parties, led by Beppe Grillo’s radical Five Star Movement, will have a field day. They will ask, quite appropriately, how was it that the giant, insolvent wards of the French state, otherwise known as universal banks, were able to reduce their exposure to Greece from 78 billion euros in 2009 to only 2 billion euros at present by transferring the cost to, among others, Italian taxpayers!
LOL
NEMO
Ohh… I like that.
never waste an unnecessary word – when you do not need it!!
i just completed my monthly purchase of phiz today. Sure wish I had a small windfall to triple up.
premium on phiz pm has increased as paper goes down.
some fans around the world are getting really dirty. Seems to plenty of used oats to go around the world.
rno
buy any calls on G&S stocks?? The true believers? I used to think smart money was buying–but smart money has been losing money for the past 4 yrs…[i bought some calls a few days ago and go my ass paddled but don’t tell anybody]
This is from my good buddy Dave Stockman=
The Germans have an impolite term for what that adds up to—- einen shitschturm!
And it will be a doozy. What the referendum did was to force the troika con job out of the accounting shadows. The Greek people now fully understand that it was not they, but the European banks and bond funds which were bailed out by the troika.
a write-down of Greece’s £270 billion debt mountain was now ‘off the table’ after the referendum.
Next, throw into the mix prime minister Tsipras once again trolling around Putin-land for an alternative source of money; a German government which cannot even discuss a third bailout deal prior to a favorable resolution from a hostile Bundestag, which also happens to be on recess; and an open breach between Angela Merkel and Francois Holland on the core matter of a debt haircut and accommodation of Greece’s demands for relief from the troika memorandum.
The latter shatters the very Franco-German alliance on which the entire rotten troika bailout regime has rested.
And the taxpayers of Europe now understand that it is they who are on the hook, not the Greeks who can’t and won’t pay; and not the Brussels apparatchiks, who committed them to off-budget guarantees that they falsely assured would never come due.
Yes, Germany is liable for 95 billion euros via bilateral loans, the EFSF and its share of the ECB advances to Greece. Then comes France with 72 billion euros of claims against its taxpayers and Italy with 63 billion euros of liabilities.
The latter happens to amount to 4% of Italy’s GDP, which is still 10% smaller than it was in 2007. But when it comes to the debtors dystopia called Europe—who is counting? The Italian state already has public debts of 2.1 trillion euros (130% of GDP) and a government which has been absolutely paralyzed for years.
But here’s the thing. When the Greek due bills come to its parliament, the anti-euro opposition parties, led by Beppe Grillo’s radical Five Star Movement, will have a field day. They will ask, quite appropriately, how was it that the giant, insolvent wards of the French state, otherwise known as universal banks, were able to reduce their exposure to Greece from 78 billion euros in 2009 to only 2 billion euros at present by transferring the cost to, among others, Italian taxpayers!
I too have tried to connect… they were working earlier… but not now!
Well… is this going to be the final gold, gold stock capitulation before things turn around and the new, old bull resumes?? PM stock prices are getting close to wash out status….
Why does the US mint always seems to run out of silver when the price goes down dramatically??.. quite comical…
One interesting thing I am watching is that gold is doing well many other currencies… ie in Canadian dollars… it is like at $1470… so for me being a Canadian… it has been a good hedge against the Canadian dollar… unfortunately it seems Canadian gold mines… where their expenses/revenues are in C $ … should be performing much better then say US mines… but their prices usually only reflect US$ gold price … more… hmmm….
islandgold ……… waiting for the gold/silver bull to return!!
A new study from George Mason University’s Mercatus Center confirms what many of us already knew:
Liberal “blue states” are fiscally irresponsible.
In fact, 11 of the 14 least fiscally solvent states are also on the list of the “dirty dozen” most liberal blue states. In descending order of fiscal irresponsibility, from 50th to 37th, here’s the list of fiscal shame:
#50 ILLINOIS
#49 NEW JERSEY
#48 MASSACHUSETTS
#47 CONNECTICUT
#46 NEW YORK
#44 CALIFORNIA
#42 MAINE
#40 HAWAII
#39 VERMONT
#38 RHODE ISLAND
#37 MARYLAND
The 12th state in the “dirty dozen” list—Delaware—does not fare particularly well either, placing 30th out of the 50 states.
http://www.breitbart.com/big-government/2015/07/08/dirty-dozen-liberal-blue-states-going-broke/
I get “This page can’t be displayed”
…. connection to Zero Hedge.
i get message: “CONNECTION_REFUSED”.
NEMO
[FYI-THIS JUST IN FROM REUTERS=]
World financial markets are like a pie crust stretched across the roof of a volcano!
Now Everybody Sing= “World mkts are like”…etc etc
Folks, we stand on the verge of the global credit markets coming to a grinding halt. In our current world, NOTHING that we consider “normal” will transact or transpire without credit. Our lives will change literally overnight without credit. We are about to live through a massive wildfire of credit values burning to the ground, gold and silver will still be standing when the smoke clears. It is completely laughable to see gold and silver forced down when the fear of credit collapse is rising. Mother Nature doesn’t work this way, central banks wish she did! I hope you have the will to “see through it”, the coordinated efforts to support paper markets and suppress gold and silver have been truly impressive. The currency of the biggest, most indebted and “brokest” issuer in the world is attracting safe haven bids. I assure you, once control is lost and we go into all out panic, even those pulling the levers will be moving against their own central banks!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome! bholter@hotmail.com
Doesn’t look like they’re going to let this little bounce hold.
Nothing says “things are fine” like weak pm’s.
