tag:blogger.com,1999:blog-7982981413278241287.post7687823978779057835..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Something Really Ugly Is Brewing...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7982981413278241287.post-16093453260539601652011-06-07T12:47:48.576-06:002011-06-07T12:47:48.576-06:00"legs" bernanke... http://www.youtube.co..."legs" bernanke... http://www.youtube.com/watch?v=tpprOGsLWUo<br /><br />Jim Sinclair - Gold to Exceed $12,500 to Balance US Debt<br /><br />“I think most of your analysis of secular trends will look and say no, no, summer time doldrums nothing happens. Well we could have something very significant happen and for a very clear reason. It’s becoming obvious even to our talking heads that this great recovery which we’ve questioned for a considerable period of time is in fact more in people’s minds than in reality. The economy is turning down again and turning down hard, there’s no question about that.”<br /><br />http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/7_Jim_Sinclair_-_Gold_to_Exceed_$12,500_to_Balance_US_Debt.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-29534344395024008182011-06-07T12:20:46.585-06:002011-06-07T12:20:46.585-06:00A witches brew?...so many questions, so little act...A witches brew?...so many questions, so little actual silver...<br /><br />In recent months, the number of EFP transactions in silver AND gold, as opposed to the number of contracts settled in cash or settled in physical delivery, has exploded. When the majority of gold/silver futures contracts are settling in EFP and EFS transactions versus cash settlement or physical settlement, this points to a pronounced manipulation of this market and an absence of any true price discovery in gold/silver futures markets.<br />In the meantime, selling of SLV shares reached an all time high in<br />May. What does this all mean? I’m not quite sure I have the full<br />answer yet as I keep digging, but I’m quite certain that whatever is<br />going on in these paper for paper swaps in the gold/silver futures<br />markets on the COMEX is not kosher and an attempt to hide physical<br />shortages of precious metals that exist versus the open interest<br />numbers in gold/silver futures. The CME makes it very difficult to<br />compile stats regarding EFS and EFP transactions because while they<br />provide a running total of month-to-date transactions for gold/silver<br />futures contracts settled in cash and settled through physical<br />delivery, they do NOT provide a running total of EFS and EFP<br />transactions month-to-date in their daily metal reports nor do they<br />respond to any requests for such information. When one of my staff<br />members wrote the CME and inquired if running totals were available<br />each month for EFS and EFP transactions in gold/silver futures, the<br />CME staff answered no. Thus, one of my staff compiled the daily totals<br />for EFS and EFP transactions for the month of May by pulling every<br />daily report for gold/silver futures. This is what the totals looked<br />like from May 2 to May 26, 2011.<br /><br />For gold futures, from May 2 until May 26, 2011, 0.01% of transactions<br />settled in cash, 0.27% in physical, 78.22% in EFP and 21.50% in EFS<br />(for a combined 99.72% of all gold futures transactions in EFP and<br />EFS). For silver futures, from May 2 until May 26, 2011, 0.19% settled<br />in cash, 0.93% in physical, 85.39% in EFP, and 13.49% in EFS (for a<br />combined 98.88% of all silver futures transactions in EFP and EFS).<br />Thus these paper for (possibly) paper swaps, if that is indeed what is<br />happening in the EFP transactions, are casting huge distortions in the<br />price of gold and silver to the downside.<br /><br />http://harveyorgan.blogspot.com/2011/06/massive-drain-of-comex-silveralmost-all.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-20336332790278950932011-06-07T11:15:10.990-06:002011-06-07T11:15:10.990-06:00Have to do something..
Acts of Resistance: What A...Have to do something..<br /><br />Acts of Resistance: What Are You Going To Do On June 14th to Rebel Against Economic Tyranny?<br /><br /><br />As their current policies prove, economic central planners have become so arrogant and tyrannical in their shortsighted greed. They think we are an ignorant and apathetic population that they can continue to exploit without fear of rebellion.<br /><br />http://ampedstatus.org/acts-of-resistance-what-are-you-going-to-do-on-june-14th-to-rebel-against-economic-tyranny/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-3102121847677807602011-06-07T08:47:02.230-06:002011-06-07T08:47:02.230-06:00(Dave in Denver)
Thanks for the feedback Bill!
A...(Dave in Denver)<br /><br />Thanks for the feedback Bill!<br /><br />Anonymous, I read that interview, any way of getting more info on that publication, interviewer and whether or not that has reasonable credibility. For the record, I do believe in the Bilderberg conspiracy and the interviewee connects some dots for me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-12014465256838841962011-06-07T07:33:30.081-06:002011-06-07T07:33:30.081-06:00Ugly?...read this..buy gold buy silver break away ...Ugly?...read this..buy gold buy silver break away from this system!<br /><br />Startling revelations from a Swiss banking insider <br /><br />: Did you have a problem with this work?<br /><br />A: Yes, a very big problem. I could not sleep for many days and after a while I left the bank. If I give you too many details they will trace me. Several secret services from abroad, mostly English speaking, gave orders to fund illegal acts, even the killing of people thru Swiss banks. We had to pay on the instructions of foreign powers for the killing of persons who did not follow the orders of Bilderberg or the IMF or the World Bank for example.<br />http://noviden.info/article_239.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-29231723860030098982011-06-07T06:20:06.699-06:002011-06-07T06:20:06.699-06:00Face it, we have 2 options...Hyperinflation or a D...Face it, we have 2 options...Hyperinflation or a Deflationary Depression that will make the GD seem like a weekend at the Hampton's. I get a kick out of all the folks who say " Tax payer Money " really? funny everyone I talk too received a refund. This is and always has been PRINTING. But its a new president digital inflation, not actual dollars in circulation..so yes interesting times for sure.<br /><br />Great post Dave<br />BillBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68282836716654012512011-06-06T21:18:41.112-06:002011-06-06T21:18:41.112-06:00some facts..
my baloney has a first name..
its ben...some facts..<br />my baloney has a first name..<br />its benny<br />my baloney has a second name ..<br />its bernanke..<br /><br />and if you ask me how it tastes(i forget the rest)..but its QElicious!<br /><br /><br />The Continuing Debt Implosion Will Force More QE <br /><br />QE, either QE1, QE2, QE3…QE(n) must continue because the toxic asset problem runs extremely deep. FASB 157 allowed toxic assets to marked model rather than market. This was a huge boon to banks because it allowed them book trading profits from worthless assets after 2008. The fictitious valuations also allowed banks to gear-up (increase leverage) after the Lehman collapse.<br /><br />There’s hundreds of trillions of toxic assets still polluting the world’s financial system. This is why banks can’t get off the trading floor on the exchanges and the Fed must reinvest income from QE1, QE2, and numerous unrecognized programs, into more QE to minimize the effects of the ongoing debt implosion.<br /><br />Total credit market debt to gross domestic product, which ignores much of the world's toxic assets, still remains near historical highs and illustrates the depth of the problem at hand.<br /><br />http://edegrootinsights.blogspot.com/2011/06/continuing-debt-implosion-will-force.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-87311632000331600942011-06-06T20:41:59.858-06:002011-06-06T20:41:59.858-06:00It was possible to predict the housing collapse wa...It was possible to predict the housing collapse was going to kill the banks in 07, 08. Why is it impossible now. I'm surprised Dave left this post up. It is deceleration of intermediation (fees and deals) that kill the banks. That's why we had Queezing 1 and Queezing 2 with Tarp and stimuli. Once the bloody fiat stops eminating from Bernanke's tuchostal membranes, its over. Stop guessing and get yourself some facts.john of r and inoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-71065929715179810992011-06-06T20:32:47.186-06:002011-06-06T20:32:47.186-06:00I've loved the deer-in-headlights stares when ...I've loved the deer-in-headlights stares when I've talked to even the most investor-savvy people I know that I started putting my savings in gold and silver last year, sold all the mutual funds in all my retirement accounts, liquidated all my stock holdings, and am now shorting major indicies like the S&P. <br /><br />It's going to sting for everyone, but for those that protected themselves and saw right through the MSM's inane bullshit, it will be like a mosquito bite; the rest get taken down with a swarm of angry wasps.Funky Tapehttps://www.blogger.com/profile/09271221564702147756noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-31097714625495409772011-06-06T16:36:22.185-06:002011-06-06T16:36:22.185-06:00The impossible to predict resumption of the housin...The impossible to predict resumption of the housing collapse is killing banks, and I imagine there has to be something else going on as well.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com