tag:blogger.com,1999:blog-7982981413278241287.post1577362720400678712..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: One Last Pre-Weekend Thought:Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-7982981413278241287.post-7011301453450896742011-09-25T19:37:14.624-06:002011-09-25T19:37:14.624-06:00Anonymous
Regarding your $100k challenge
James D...Anonymous<br /><br />Regarding your $100k challenge<br /><br />James Dines is calling for much lower silver [KWN]<br /><br />AND <br /><br />so is Clive Maund http://www.clivemaund.com/article.php?art_id=67Sam Johnsonhttps://www.blogger.com/profile/10571639201752810095noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-67146023519830470102011-09-25T19:28:58.150-06:002011-09-25T19:28:58.150-06:00Dave - Thank you for your answer about paper vs ph...Dave - Thank you for your answer about paper vs physical!Sam Johnsonhttps://www.blogger.com/profile/10571639201752810095noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-48192217782243906552011-09-24T15:56:54.860-06:002011-09-24T15:56:54.860-06:00Get out that old sewing machine....
Internet of t...Get out that old sewing machine....<br /><br />Internet of things: Should you worry if your jeans go smart?<br /><br />What if those new jeans you've just bought start tweeting about your location as you cross London Bridge?<br /><br />It sounds far-fetched, but it's possible - if one of your garments is equipped with a tiny radio-frequency identification device (RFID), your location could be revealed without you knowing about it.<br /><br />http://www.bbc.co.uk/news/business-15004063Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-77985513717065552992011-09-24T15:22:00.283-06:002011-09-24T15:22:00.283-06:00If they do default will they let us know???
Small...If they do default will they let us know???<br /><br />Small Dictators, Big Bots<br />Yahoo didn't mean to censor emails about Wall Street protests. The truth is much more insidious.<br /><br />We are ruled, in effect, by small dictators and big bots. And this unelected, inefficient, and sometimes-petty tyranny is throttling the growth of a vibrant, healthy Internet and fuels many problems ranging from inane "real name" policies on sites like Google+—where people can be asked for official proof of identity if their account is flagged as a nickname—to major disruptions in connectivity. This is terrible because the Internet is not just any widget—it's increasingly the heart of our networked commons. Dominance of a bad business model on the Internet doesn't just result in bad products; it results in unhealthy social dynamics.<br /><br />http://www.slate.com/id/2304404/pagenum/all/#p2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-45661868561911257752011-09-24T15:17:22.378-06:002011-09-24T15:17:22.378-06:00(Dave)
I believe that when the Comex does default...(Dave)<br /><br />I believe that when the Comex does default, it will be a signal that "they" are pulling the plug on our system/Govt/way of life...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-3726159043712706842011-09-24T15:16:29.382-06:002011-09-24T15:16:29.382-06:00(Dave)
Sam,
Actually the traders in the gold/si...(Dave)<br /><br />Sam, <br /><br />Actually the traders in the gold/silver market are what make it easier for the cartel to manipulate. The high leverage in a paper contract makes it even easier. If they went to 100% funding on contracts, that would be great because eventually the buyers would clean out the Comex.<br /><br />Don't overestimate the "Blythe's" of the world. At some point the Chinese are going to hold all of the paper vehicles accountable by going for delivery. I know they have a big position now in GLD via a sovereign wealth fund. And that position was built after a few conference calls with GATA where GATA explained to them what the deal is with the Comex/GLD and provided plenty of data to back it up. I don't want to say more about that but I was peripherally involved in putting together ideas/evidence.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23380410778142361772011-09-24T15:08:39.693-06:002011-09-24T15:08:39.693-06:00Some very good comments in a garbage piece over at...Some very good comments in a garbage piece over at The Baseline Scenario<br /><br />What happened to the global economy and what we can do about it<br />The Price of Gold in the Year 2160<br /><br /><br />THE OTHER NEWS OF THE DAY;<br /><br />A new report prepared by Russian Deputy Finance Minister Tatyana<br />Nesterenko about the Eurogroup meeting of the Informal Economic and<br />Financial Affairs Council (ECOFIN) in Wroclaw Poland on the growing<br />European debt crisis states that EU Finance Ministers were “left<br />stunned” Friday after they were told by US Treasury Secretary Timothy<br />Geithner that President Obama was “not in charge.”<br /><br /><br />According to this report, the “uninvited” US Treasury Secretary showed<br />up at the ECOFIN conference and engaged in what can only be described as<br />a “temper tantrum” where he slammed Europe’s economic policy makers for<br />their intransigence in provided further bailouts to Greece and when<br />queried by European Central Bank (ECB) Chief Jean-Claude Trichet as to<br />if this was “Obama’s position too” was told by Geithner, “He’s (Obama)<br />not in charge, I am.”<br /><br />Even more stunning, this report continues, are revelations being brought<br />to light by the New York Times Magazine that Geithner, along with the<br />director of the White House National Economic Council Larry Summers,<br />formed an “unholy troika” with the banking behemoth Goldman Sachs to<br />literally steal the entire US economic system away from Obama and the<br />American people for the sole purpose of looting it for the benefit of a<br />few elite bankers, politicians and other such parasites.<br /><br />http://baselinescenario.com/2011/09/23/the-price-of-gold-in-the-year-2160/#comment-84143<br /><br />Wow, where do I begin.<br />“The basic argument is that 5,000 years of tradition will overwhelm the tyranny of modern government and the fiat printing press.”<br />There’s that word “tradition” again. Gold isn’t about tradition, its about the physical properties of gold and emotional deficiencies of people. Nether has changed in the last 100,000 years. When politicians get greedy, or in trouble (or both), they cannot be trusted with a printing press. In the long run the mere existence of printing press for fiat money creation will eventually cause someone to abuse it horribly. However, if money IS gold, you cannot print it and you must resort to some other trickery to save your ass.<br /><br />http://baselinescenario.com/2011/09/23/the-price-of-gold-in-the-year-2160/#comment-84116Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-3349860535369140202011-09-24T12:42:25.730-06:002011-09-24T12:42:25.730-06:00The new global social contract with the banks is b...The new global social contract with the banks is being written right now. BBC, CNBC World, Bloomberg all testify that a coordinated global central bank effort will be put forward to "save the world economy." This means (as Davey boy so rightly points out,) that a new contract to subordinate the entire global wage-earning/tax-payer to the bailout of global banks is about to be jammed down our throats.<br /><br />And again, as Davey often discloses, they plan to go on with this theft until they have completely restructured the world's middle classes into the wrold's serf class...<br /><br />a rolling cycle of deflation vs inflation while always repricing labor, entreprenuerial risk, indigenous natural rescources, and anything that's not locked down to their advantage!!!!johnrandinoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-27953340031820855032011-09-24T11:26:05.785-06:002011-09-24T11:26:05.785-06:00Maybe the miners managements are tired of getting ...Maybe the miners managements are tired of getting bashed in the head with the same bat?<br /><br /><br />Pan American Silver Announces Normal Course Issuer Bid Company to Repurchase up to 5% of Issued and Outstanding Common Shares<br /><br /><br />Pan American Silver Corp. (TSX: PAA)(NASDAQ: PAAS) ("Pan American" or the "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice of its intention to make a normal course issuer bid (the "Bid") to purchase up to 5,395,540 of its common shares, representing up to 5% of Pan American's issued and outstanding shares as of August 24, 2011. Purchases pursuant to the bid will be made on the open market through the facilities of the TSX and the Nasdaq Global Select Market ("NASDAQ"). The period of the Bid will begin on September 1, 2011 and will continue until August 31, 2012 or an earlier date should the Company complete its purchases.<br /><br />http://www.stockmarketsreview.com/news/166431/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-28501946369840318932011-09-24T10:37:25.257-06:002011-09-24T10:37:25.257-06:00Last chance, last dance ...don't get cold feet...Last chance, last dance ...don't get cold feet...<br /><br />Ben Davies<br /><br />http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/9/24_Ben_Davies.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-58984136602461343902011-09-24T10:23:00.101-06:002011-09-24T10:23:00.101-06:00Five Banks Account For 96% Of The $250 Trillion In...Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; Is Morgan Stanley Sitting On An FX Derivative Time Bomb?<br />And that's your definition of Too Big To Fail right there: the biggest banks are not only getting bigger, but their risk exposure is now at a new all time high and up $5.3 trillion from Q1 as they have to risk ever more in the derivatives market to generate that incremental penny of return.<br />http://www.zerohedge.com/news/five-banks-account-96-250-trillion-outstanding-derivative-exposure-morgan-stanley-sitting-fx-de?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-7580791612874132132011-09-24T10:20:02.393-06:002011-09-24T10:20:02.393-06:00Sep 11
23
It’s That Time Again! Gold $1,689 Silve...Sep 11<br /><br />23<br />It’s That Time Again! Gold $1,689 Silver $32.34 and $100,000 Challenge <br /><br />My $100,000 Challenge – Nobody has been more wrong on the direction of gold then Jon Nadler. He also has ducked any challenge put to him and instead remains arrogant and in denial of his horrific track record. I hereby am willing to wager $100,000 with him that gold hits $2,000 before it hits $1,400 (about $300 either way). I welcome a financial journalist or recognized investment authority to hold the bet. Come on Tokyo Rose, here’s your chance to redeem your poor record.<br /><br />http://www.grandich.com/2011/09/its-that-time-again-gold-1689-silver-32-34-and-100000-challenge/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-73452140046890506472011-09-24T10:19:52.832-06:002011-09-24T10:19:52.832-06:00What we are watching is the massive money machine ...What we are watching is the massive money machine , in slow motion begin to impact into the still object( reality ) that it was destined to meet without question.<br /><br />The true question is, are we prepared to fend off the massive amount of shit flying in all directions with our gold and silver shields at this time ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-51857431701035581402011-09-24T09:05:27.326-06:002011-09-24T09:05:27.326-06:00Dave I need your help with a question...
What is ...Dave I need your help with a question...<br /><br />What is to keep Blythe from turning the silver market into an ‘entirely’ paper market? This would be easy to do by raising margins so that there is very little to no leverage. This would drive traders out of the paper PM markets because high leverage is why they trade. JPM could care less as they would easily control the price of silver through their illegal paper markets.<br /><br />Before you answer, remember… This is the same group of people that when the Hunt brothers ‘supposedly’ cornered the silver market they made it illegal to buy silver and all that was legal were liquidation orders. <br /><br />In other words, those who hold silver and gold are not only up against the world’s largest banks but we are also up against the world governments. This combined cartel will do everything including things that are immoral and illegal so they can continue to pillage and rape and drive the price of PMs down.<br /><br />You can also see that we should not trust JPM by reading this article that James Turk and John Rubino wrote titled, “Can We Trust Silver ETF?” <br />http://www.facebook.com/topic.php?uid=121432914547468&topic=415<br /><br />So… is it possible that silver will never seek it’s fair market value until the banks and governments implode?<br /><br />All help and answers are greatly appreciated!!Sam Johnsonhttps://www.blogger.com/profile/10571639201752810095noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-31434809731301094972011-09-24T09:04:24.291-06:002011-09-24T09:04:24.291-06:00Over the last three years, I've always bought ...Over the last three years, I've always bought junk silver for a little under spot. Yesterday, junk silver had about an 8% premium (at least where I buy it).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-34816008439650594432011-09-23T22:08:18.209-06:002011-09-23T22:08:18.209-06:00We're seeing Action on every front.
About a ...We're seeing Action on every front. <br /><br />About a week until October and here in the Pacific NW it's 9 pm and it 72 degrees outside, right now. That's right, seventy two degrees! Even Nature can have her say in all this volatility.<br /><br />Hang on to your hats, close the eyes and silently repeat:<br /><br />"Long term"<br /><br />"Long term" <br /><br />"Long term"<br /><br />"Long term..."European Americanhttp://www.flickr.com/photos/54175126@N06/5796882625/lightbox/noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68640588534239306652011-09-23T20:48:52.231-06:002011-09-23T20:48:52.231-06:00I'm actually more concerned about what it is t...I'm actually more concerned about what it is that they are setting us up for - i.e. what kind of really bad news is coming our way. Well to start with the Aug2 debt limit of 14694 was about to be breached.So they raised the Debt limit- Total Public Debt.LOL<br /> Subject to Limit 14,681,588 <br /> Statutory Debt Limit 15,194,000 <br /> Act of 8/2/11, operated to permanently increase the statutory debt<br /> limit to $15,194 billion after 9/21/11 <br />There broke and still spending like drunken sailors.This story can not have a good ending!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-6603269556992794822011-09-23T20:11:00.815-06:002011-09-23T20:11:00.815-06:00...and people think policy is fair?..you think the......and people think policy is fair?..you think they wouldn't play the collective you??<br /><br />'Jeez, Larry, that gives you an awful lot of power to shape everything,' and Larry sort of says, 'Yeah, that's the point.'<br /><br />Confidence Men<br /><br />"A young economist ... [once told me that Larry once said] 'Here's the way it works. ... I can win either side of the argument. That's my genius. That's what I do. And then I win both sides and I think about which side I won more fairly when deciding which is right. Sometimes I decide otherwise,' " says Suskind. "The young economist who recounts the story says, 'Jeez, Larry, that gives you an awful lot of power to shape everything,' and Larry sort of says, 'Yeah, that's the point.' And that's kind of how Larry sees it — the economic policy will be what Larry decides in consultation with a president who has very, very little in the way of training in economic theory or practice."<br /><br />http://infoproc.blogspot.com/2011/09/confidence-men.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-8872089372323599882011-09-23T17:07:45.946-06:002011-09-23T17:07:45.946-06:00Another bailout, probably of BAC, is en route. But...Another bailout, probably of BAC, is en route. But to scare Congress enough this time around will take a dope-spike WAY bigger than we saw between 9/29/08 (House rejects TARP) and 10/3/08 (passage).<br /><br />In Fall 2008, gold fell from 900+ to 700- over a month or so as the stock market tanked. Today alone silver dropped nearly 20%.<br /><br />That's a good first-order approximation for what's in store, sports fans.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68494240066241414612011-09-23T16:30:59.900-06:002011-09-23T16:30:59.900-06:00Let's brain-storm here on what they are settin...Let's brain-storm here on what they are setting it up for. A few candidates:<br />1. BAC collapse<br />2. Greece default.<br />3. Pan-Europe bank run<br />4. Pan-West QE to Infinity.<br />5. ???<br />6. ???<br />... ...<br />Infinity. ???Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-59444959328819800532011-09-23T16:11:12.601-06:002011-09-23T16:11:12.601-06:00Explain this cftc???
Sprott Money Temporarily Ru...Explain this cftc???<br /><br /><br />Sprott Money Temporarily Runs Out of Physical Silver<br /><br />Larisa Sprott, President of Sprott Money told KWN, “It’s been pretty wild, especially the last three or four days because of the price drop. People are trading in their paper money for gold and silver, but we are seeing more purchases of silver net. In fact the buying has been really skewed in favor of silver, there is tremendous demand.”<br /><br />http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/23_Sprott_Money_Temporarily_Runs_Out_of_Physical_Silver.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-7683220460956109612011-09-23T15:51:20.721-06:002011-09-23T15:51:20.721-06:00This guy is spot on...it will be fun when certain ...This guy is spot on...it will be fun when certain actors are done!<br /><br />Mr Lennon Hendrix<br /><br />Make no mistake about it, we are in the fight of our lives. On one side are criminal banksters, ivy league professors locked in their towers, and old school blue blood families. Their status has been unimpeded for generations. They have lived lavishly through revolutions, made their way through depressions, and felt the wind at their backs for the last 70 odd years. Yet somewhere along the line their plans got muddled, and they lost sight of their goals. They became fixated on consolidating power, and their reality gave way to ideals. <br /><br />http://www.zerohedge.com/news/gold-liquidations-open-thread#comment-1703510<br /><br /><br />Victory will be had by real monie, because the dollar has no backing and is an amalgamation of creative thinking. Alchemy took hold of money after the philosopher's stone failed. The dollar has no intrinsic value; it has no general worth and is merely an IOU. The dollar is backed by lies.<br /><br />Silver is real monie. This real monie has had the same short positions unjustly levied against it. Since silver is cheap, it is rather easy for us to target. It is the belly of the beast.<br /><br />http://www.zerohedge.com/news/gold-liquidations-open-thread#comment-1703261Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30194592688771242232011-09-23T15:43:31.102-06:002011-09-23T15:43:31.102-06:00ZeroHedge reported that the CME hiked margin rates...ZeroHedge reported that the CME hiked margin rates on gold, silver, copper effective Monday.<br /><br />Apparently everyone knew this ahead of time.Brianhttps://www.blogger.com/profile/11009623520148094685noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-73481938341605637302011-09-23T15:34:12.912-06:002011-09-23T15:34:12.912-06:00Higher in terms of worthless fiat paper? Got gold...Higher in terms of worthless fiat paper? Got gold?williamhttps://www.blogger.com/profile/13899579048039158155noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68521988444360797412011-09-23T15:31:37.896-06:002011-09-23T15:31:37.896-06:00Hard times a'commin. Better get ready.Hard times a'commin. Better get ready.Anonymousnoreply@blogger.com