Although there seems to be plenty of paper silver …
Peak Silver Cometh – Supply Deficits Continue Meaning Higher Prices
Richard640 @ 11:26 re Italian Independence Next To Harm Western Banks
The second “eye wall” of the economic-hurricane is approaching the global economy. Plain and simple. The “storm” started with gale winds in the Atlantic Ocean back in 1913, got closer to the US eastern coast in 1929 with 50-60 MPH winds.
By 1934 it was declared a hurricane with 75 MPH winds. By the summer of 2008 it had winds of 125 MPH and made land fall on Wall Street, made a big mess, and then came the “eye” of the storm. Eight years of blue skies, with zero interest rates and bailouts for banks and General Motors.
Hopefully, during Trump in ’17 we hit that next eyewall with 125 MPH winds and the final destruction era of the “fake man made economic system” that started in 1913, leading to a better world with more independent self reliant countries.
John Lenin’s “dream” and passage of globalization, was a FAR bigger mistake than Obama care.
Ipso….Farmboy
Thanks, guys.
Farmboy, my herd wouldn’t leave these mountains, it is Paradise, don’t you know. Why, Mrs. Piggy and her two fawns suns herself in my front yard, waiting for her daily rations, along with Sweety and her fawn…and Mr. Handsome shows up from time to time…he has grown some fine antlers since last year and while he doesn’t come when I call him, he stops and listens…there is no doubt in my mind that he remembers me from his fawn days. For their sakes, as well as mine and Simba’s (my Snow Shoe Siamese kitty), I’m grateful to God for the rain.
ipso facto @ 11:40 Thats The Epi Pen Gal,
but let’s not get Ororeef started… LOL !
Been following the Epi Pen rip off since I have a neighbor who is forced to hang on to her old epi pen because she could not afford to replace them at $600.00. Latest I have heard is the company is bringing the price back down. ?? That was no more a simple case of price gouging, in part due to Obamacant.
Moggy, Dont Hang Up That Rain Gear Just Yet,
you have more rain on the way.
And you might want to check on your herd. Had 5 deer in the backyard this morning. All does, kept waiting for the buck to come along but no luck.
And watch your step, I had forgotten how slippery those wet leaves can be. Kinda get a different view of the world when suddenly your sitting on your butt. Take care.
Farmboy
I just hope the Moroccans don’t get too greedy … like the epi pen guy. Lot’s of potential trouble there.
Cheers
Mark Mobious Trump Will Get Dollar Lower Via Spending And Deficits
Part:
““He will probably be successful to resuscitate the American economy,” Mobius said in a Bloomberg Television interview in Singapore on Tuesday. “That’s good for everybody including emerging markets. His program in my view would be heavy infrastructure spending. Spend like crazy, build up a huge deficit that would be concerning to the rating agencies, which will help push the dollar down.”
ipso facto @ 10:44 Yikes !
I’ve learned a thing or two along my journey and one thing I know for sure is, without food you don’t eat. Interesting article, will have to find some time to look more into the topic. Another ‘black swan’ just hanging out there?
I love Jim’s writings but he’s always crying wolf-he musta been happy for a while in 2008-then dismayed when the DOW went straight up 10,000 its.
We’ll know by Sunday night if the wolf really is at the door this time
Jim Willie:
Italian Bank Collapse And Exit From Common Euro Currency
The Italians have a national referendum coming up very soon. The decision to push PM Renzi aside and to go on a more independent defiant path seems imminent. All his opponents have a common theme, to bail out the banks and to exit the Euro currency, which means a return to the Old Lira currency. The implications are staggering and lethal to the sovereign bond market in Southern Europe, since the PIGS all look alike. The dire implication is to the big European banks, primarily the French and German big banks. When the Italians flip the bird to the Euro Central Bank and their big bank masters, refusing to endure the financial rape as seen in Greece, the continent will undergo widespread tumult. Leaving the Euro currency must coincide with leaving the European Union itself. Key EU leaders are certain to leave en masse, much like in the style of Schultz recently. When Italy bails out its banks and leaves the Euro currency, the Western banks go poof and the USDollar dies.
Farmboy
“But in all fairness, I have often wondered the same about the American people”
A valid point. What will it take, hunger? mass arrests? to get Americans out in the streets? (in the not bought and paid for type of protest)
Moggy
“Lots of rain has soaked the forest in my vicinity”
Great news!
ipso facto @ 10:57 You Raise Some Good Questions
perhaps Richard640 can bring some views on the topic ?
But in all fairness, I have often wondered the same about the American people. Take just one, although there are many, the subject of illegal immigration. Seems Americans would have put a stop this, one way or the other, a long time ago. And I do imagine the folks in India will take a stand, at some point.
FloridaGold……Ororeef
@ FloridaGold…Lots of rain has soaked the forest in my vicinity, I’m happy to report. No updates from the Forest Service on the 33 fires as of this morning.
@ Ororeef…It isn’t women who are the world’s mass murderers, they are all men: Josef Stalin, Adolf Hitler, Vlad (Tepes) the Impaler, Ivan IV of Russia, Pol Pot, Idi Amim Dada, Genghis Khan, Saddam Hussein, Emperor Hirohito of Japan, Attila the Hun. Take a chill pill on women already, it’s getting old.
He came … He saw … He trashed the country
Obama’s Legacy: Obamacare Failure, Drone Policy Failure, Guantanamo Failure, NSA Spying Failure
https://mishtalk.com/2016/11/28/obamas-legacy-total-failure/
Farmboy @ 10:51
I’d have expected there to be giant crowds out in the cities demanding Modi’s head. Instead, they seem to be accepting all the chaos and disruption to their lives. Something in their culture, religion?
How’s That Working For Ya ?
India pulled 86% of its cash out of circulation. It’s not going well.
“Many experts don’t even have faith that this is an effective way to counteract tax evasion. Basu says that most black money doesn’t take the form of cash held in india but is instead held in gold, silver, real estate, and overseas bank accounts.
Modi is using a very crude tool to crack down on black money. For many, the costs are likely to end up more tangible than the benefits.”
Comment: Anyone else see a rise in gold demand coming ? Brings a whole new meaning to “Whats in your wallet?”
This is interesting. Morocco holds 72% of the world’s phosphate supplies, and it can’t be manufactured.
The Desert Rock That Feeds the World
http://www.theatlantic.com/science/archive/2016/11/the-desert-rock-that-feeds-the-world/508853/?
Ororeef
LOL That’s a broad brush my friend.
ipso facto @ 10:01 on November 29, 2016
Either way ..you never know what a womans going to do !
Ororeef @ 9:58
I DISAGREE. SHE WAS WORRIED ABOUT A NUCLEAR WAR WHICH IS EVERYONE’S CONCERN!
SHE DID NOT WANT THE NO-FLY ZONE IN SYRIA WHICH ISRAEL WOULD HAVE SUPPORTED!
ipso facto @ 9:39 on November 29, 2016
What STEIN was looking at was the DESTRUCTION of ISRAEL …thats her concern .first,LAST and ALWAYS ..she’s not worried about such Grand things as Saving the World from Hillary !
Trump MUST reconsider his generous offer to leave Hillary in Peace
BECAUSE ….. she sees it mistakenly as a SIGN of WEAKNESS ! She confuses Gentleness with Weakness and she will have to be taught a Lesson. ! I have experienced that many times in my business career ..She will disrespect him if she can and demonstrate it to all if he allows her to get away with it. He needs to crush that immediately ! I did always crush it immediately ! Its the ONLY thing to do ! The rest of his employees and political opponents are watching ! SHE’s got BAD judgement fur sure ! and now she cant be allowed to continue for 1 more minute ! His people that depend on him will compliment him if he does ! Thats been my experience !
She ‘s demonstrating the same character flaw Bill had ,He did things because he could ,not because he should ! .BAD JUDGEMENT !
Ororeef @ 8:54
In an interview before the election Stein said that she’d prefer Trump over Hillary. This was on account of Hillary’s policies towards Russia and Hillary’s endorsement of a “NO FLY ZONE in Syria which Stein felt would lead to nuclear war. Even a Marxist like Stein could see how dangerous Hillary is. let’s save the planet first!