The Golden Truth: SILVER BABY!

Thursday, February 17, 2011

SILVER BABY!

BOOM GOES THE DYNAMITE

12 comments:

AnonymousThursday, 17 February, 2011
LOL. WTF is wrong with this guy?
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klochnerThursday, 17 February, 2011
come on, you gotta save that vid for truly epic days.
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Hal (GT)Thursday, 17 February, 2011
LOL What's with that vid? HAHA. Oh baby. That was funny. LOL yeah Boom Goes the Dynamite. Nice.
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Return to ResistanceThursday, 17 February, 2011
I don't think you could have put up two more contrasting performances! LMAO!!
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mabmanThursday, 17 February, 2011
WTF !
http://market-ticker.org/akcs-www?post=180306

SCAM ALERT? Irish Banks

Now this ought to lead to some handcuffs:

IRISH BANKS are issuing bonds to themselves under the Government guarantee to borrow cheaply from the European Central Bank and to avoid drawing more heavily on emergency lending from the Irish Central Bank.

Four banks issued bonds worth €17 billion to themselves last month under the Government’s extended guarantee, the Eligible Liabilities Guarantee, to use as collateral to borrow from the ECB.

That's raw money printing which is supposed to be illegal in the EU.

It is identical to me printing up a $100 billion bond on my laser printer, putting my name on it as the issuer and the owner, and then saying "ok, I have $100 billion."

No I don't. It's a circle jerk. I have nothing (well, ok, I have the value of one piece of paper!)

Be aware folks. This entire mess - worldwide - is now circling the bowl as the handle has been pulled down.

To the Irish: If you sit for this your nation will be destroyed. It is time to go Iceland - or Egyptian - on these clowns.
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Dave in DenverThursday, 17 February, 2011
LOL. That video is one of the funniest things on youtube, period. I was going to post the "boom goes the dynamite" video from Family Guy but it's inappropriate for some of my clients who read my blog LOL.
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AnonymousThursday, 17 February, 2011
Talking about boom goes the dynamite. Didn't know Denver was so dodgy geologically.

Max Hardwood says:
Something’s up: Yellowstone has been showing increased activity lately, not to mention Japan, and others. Not sure what is causing this geothermal activity, maybe because our solar system is aligned with galactic center, super-massive black-hole maybe exerting pressure on the planet? All I can say is, I live near Denver, Colorado, USA and I am within the 600 mile initial blast radius kill zone if Yellowstone blows.

I think things are heating up , literally, on (or IN) the planet, and we may be close to some black swan event.

http://theextinctionprotocol.wordpress.com/2011/02/15/is-germanys-super-volcano-awakening-we-think-so/
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EconomicDisconnectThursday, 17 February, 2011
I saw the silver move today and I was like "wish I had a lot of that". Oh, wait, I do!!!!!!!! HA!

Love it.
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SatyaPranavaFriday, 18 February, 2011
Man, that hurt, and i'm from indiana. seriously, that just hurts to watch. i am not sure if that guy cannot just read a teleprompter or if that was his first shot at the sports news...but boom goes the dynamite is right. loved silver's move. only another 1.3 on the GSR and then technical support is blown and it could be off to the races.
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SatyaPranavaFriday, 18 February, 2011
wow...just watch silver go. make that another 0.41 lower on the GSR and we'll be through support and at 30-year lows.
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SatyaPranavaFriday, 18 February, 2011
i hate to keep adding to this, but GSR went down to 42.36 today, so we'll have to watch and see if it moves convincingly lower, but this is interesting to watch.

http://www.goldseek.com/quotes/charts/goldsilverratio/goldsilverratio24hour.php
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Dave in DenverFriday, 18 February, 2011
More on SDRG: looks like that criminal Hazout has been awarding himself cheap exercisable options, exercising them, and dumping the stock - the most recent sale reported yesterday:

http://www.secform4.com/insider-trading/1179474.htm
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Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.