tag:blogger.com,1999:blog-7982981413278241287.post9107247943246604694..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Moron BubblesDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-7982981413278241287.post-49746470787983922302012-04-20T11:34:36.761-06:002012-04-20T11:34:36.761-06:00Vote Ron Paul...
OUTRAGE: “The NSA Is Lying”: U.S...Vote Ron Paul...<br /><br />OUTRAGE: “The NSA Is Lying”: U.S. Government Has Copies of Most of Your Emails Says NSA Whistleblower<br /><br />National Security Agency whistleblower William Binney reveals he believes domestic surveillance has become more expansive under President Obama than President George W. Bush. He estimates the NSA has assembled 20 trillion “transactions” — phone calls, emails and other forms of data — from Americans. This likely includes copies of almost all of the emails sent and received from most people living in the United States. Binney talks about Section 215 of the USA PATRIOT Act and challenges NSA Director Keith Alexander’s assertion that the NSA is not intercepting information about U.S. citizens.<br /><br />http://sgtreport.com/2012/04/outrage-the-nsa-is-lying-u-s-government-has-copies-of-most-of-your-emails-says-nsa-whistleblower/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-67721568659794140572012-04-20T10:40:29.888-06:002012-04-20T10:40:29.888-06:00Should We Kill The Dollar Bill?
This being Washi...Should We Kill The Dollar Bill? <br /><br />This being Washington, there's a back story. The $70,000 ad blitz was<br />part of a small lobbying war over the fate of the dollar bill. On one<br />side, leading a legislative charge to eliminate the dollar bill and<br />replace it with a dollar coin, are Sens. Tom Harkin, D-Iowa, and John<br />McCain, R-Ariz.<br /><br />"The most important thing is it's just more efficient. It's way more<br />efficient than a paper dollar," Harkin says. "Canada has a coin that's<br />worth $2 ... Switzerland has one worth about $5... And yet, what have<br />we got? We got a 25-cent piece."<br /><br /><br />It's worth noting that Harkin and McCain both represent states that<br />are home to businesses that profit from the production of dollar<br />coins.<br /><br />In Harkin's case, it's PMX Industries Inc., of Cedar Rapids. The<br />company provides metal sheets the U.S. Mint uses to make coins. Harkin<br />says he was pro-coin before PMX was doing business with the U.S. Mint,<br />and so comes to the issue "with clean hands."<br /><br />McCain's state, Arizona, has the nation's most productive copper<br />mines, and dollar coins are made mostly of copper. McCain declined<br />NPR's request for an interview for this story.<br /><br />Now a coin-versus-bill cage match is on. Harkin's bill would require<br />Federal Reserve banks to stop putting $1 bills into circulation in as<br />little as four years.<br /><br />http://www.npr.org/blogs/money/2012/04/19/150976150/should-we-kill-the-dollar-bill?<br /><br />hmmm....notice the economists reaction? but they don't talk about the real difference..coin(asset)...dollar note(liability)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24880117311572585922012-04-20T10:18:58.108-06:002012-04-20T10:18:58.108-06:00We all know they are already doing QE. I was spea...We all know they are already doing QE. I was speaking to something else....don't know what that may be but I can't be the only one to notice this recent development. Regarding silver I expect a smack down late next week-early the following. It has been somewhat of a pattern to see the metals rise just after the roll (convincing people it will continue) and then they smack it down.michael schumachernoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-60038496713379824082012-04-20T10:13:21.230-06:002012-04-20T10:13:21.230-06:00QE is definitely coming but I doubt next week.
Ne...QE is definitely coming but I doubt next week.<br /><br />Next week is roll week for May silver. It's alredy started. Yesterday 2k May contracts dropped, but 2.2k July contracts added<br /><br />Unless major money moves into silver next week, we could chop for another week.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-29969387599539701762012-04-20T09:54:24.660-06:002012-04-20T09:54:24.660-06:00day three of four where commodities have not follo...day three of four where commodities have not followed equity's. Something must be coming soon.michael schumachernoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-63236106434485137072012-04-20T08:08:07.530-06:002012-04-20T08:08:07.530-06:00Free $10 Million Loans For All! and Other Wall Str...Free $10 Million Loans For All! and Other Wall Street Notes<br /><br />In it, Bair points out that since we’ve been giving zero-interest<br />loans to all of the big banks, why don’t we do the same thing for<br />actual people, to solve the income inequality program? If the Fed<br />handed out $10 million to every person, and then got each of those<br />people to invest, say, in foreign debt, we could all be back on our<br />feet in no time:<br /><br /> Under my plan, each American household could borrow $10 million<br />from the Fed at zero interest. The more conservative among us can take<br />that money and buy 10-year Treasury bonds. At the current 2 percent<br />annual interest rate, we can pocket a nice $200,000 a year to live on.<br />The more adventuresome can buy 10-year Greek debt at 21 percent, for<br />an annual income of $2.1 million. Or if Greece is a little too risky<br />for you, go with Portugal, at about 12 percent, or $1.2 million<br />dollars a year. (No sense in getting greedy.)<br /><br />Every time I watch a Republican debate, and hear these supposedly<br />anti-welfare crowds booing the idea of stiffer regulation of Wall<br />Street, I wonder how many audience members know that Bair's plan is<br />more or less exactly the revenue model for all of America’s biggest<br />banks. You go to the Fed, get a buttload of free money, lend it out at<br />interest (perversely enough, including loans right back to the U.S.<br />government), then pocket the profit.<br /><br />Read more: http://www.rollingstone.com/politics/blogs/taibblog/free-10-million-loans-for-all-and-other-wall-street-notes-20120419#ixzz1saader7lAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-79730321154534642302012-04-20T07:05:49.545-06:002012-04-20T07:05:49.545-06:00Turk - The Most Important & Extraordinary Char...Turk - The Most Important & Extraordinary Chart for 2012<br /> <br />We’re making history here. Gold stocks have never been this undervalued before. We’ve had a 12 year bull market in gold, but we’ve also had a 15 year bear market in the mining shares that began with the Bre-X collapse.<br /><br /><br />It’s very rare in market history to see an outlier like this. This is an extraordinary event. Years from now we are going to look back and shake our heads in disbelief at how undervalued gold stocks were in 2012.<br /><br /><br />This 15 year downtrend and historic low has effectively destroyed the morale of virtually the entire gold mining investment community. Psychologically, this has also had a tremendous dampening effect on the morale of those watching the gold bullion market. <br /><br />http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/20_Turk_-_The_Most_Important_%26_Extraordinary_Chart_for_2012.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-29184101962579251202012-04-20T06:49:52.883-06:002012-04-20T06:49:52.883-06:00Chris Whalen: The Fallacy of “Too Big To Fail”–Why...Chris Whalen: The Fallacy of “Too Big To Fail”–Why the Big Banks Will Eventually Break Up<br />Why politicians let MF Global investors get taken<br /><br />http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/04/20/chris-whalen/fallacy-of-too-big-to-fail-why-big-banks-will-eventually-break-up<br /><br />.good conversation on cds, cash settlement, etcAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-26546185877805308672012-04-19T21:35:41.698-06:002012-04-19T21:35:41.698-06:00I find this whole story extremely suspicious. I fi...I find this whole story extremely suspicious. I first heard about it at Reuters:<br /><br />Syria selling gold reserves as sanctions bite: sources<br />http://www.reuters.com/article/2012/04/18/us-syria-gold-idUSBRE83H0RZ20120418<br /><br /><br />But lets not forget that the Rothschilds purchased Reuters back in the 1800s....I agree with Anonymous above me when he/she said, "Selling gold for WHAT? DOLLARS? CATTLE? MARBLES?" I kept asking myself this same question. If Syria was really selling its gold then what the heck would they sell it for?! Guns? more paper money? It just doesn't make sense.<br /><br />-Sicilian GoldAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-6856237853938991222012-04-19T21:19:31.582-06:002012-04-19T21:19:31.582-06:00LOL. Thanks!LOL. Thanks!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23776561870330023982012-04-19T20:55:16.979-06:002012-04-19T20:55:16.979-06:00Sprott On Biderman On Paper Vs Physical Gold
Whil...Sprott On Biderman On Paper Vs Physical Gold<br /><br />While Eric Sprott obviously has a modest axe to grind, his open and honest discussion with Charles Biderman on the difference between gold ETFs methods of owning gold, so-called physical vs paper gold, is noteworthy given the depth he goes into. After explaining the concerns of GLD, Pisani's putterings, and tax-related differences, Eric goes on to discuss his and other physical trusts and how he started down this route. The latter end of the discussion shifts from the practicalities of owning 'sound money' or 'hard assets' to the thesis for doing so - the debasement of fiat currency and the printing press fanaticism being exhibited globally. Concluding with his thoughts on what could change this thesis, he sees the greatest risk that "we come to our financial senses" - a highly unlikely scenario given the dominoes likely to fall should that occur.<br /><br />http://www.zerohedge.com/news/sprott-biderman-paper-vs-physical-gold?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-52082844933275310502012-04-19T19:45:36.466-06:002012-04-19T19:45:36.466-06:00You had me darling at "moron bubble". W...You had me darling at "moron bubble". What a title for a post! I love it! If nothing else, reading it made me feel better about myself.Ol'FordTrkhttps://www.blogger.com/profile/01816157447390279473noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-1642274473189431852012-04-19T19:34:51.083-06:002012-04-19T19:34:51.083-06:00My view is that will do nothing. The shares are s...My view is that will do nothing. The shares are still held in street name and they can still be lent out. Broker doesn't have to worry about covering them until the order is executed.<br /><br />Naked shorting is an even bigger problem, especially in Canadian stocks. <br /><br />The only way to try and fight legitimate borrow/short-selling is to take physical delivery of your shares. That's no big deal if they're a long term investment. It's a bit of a pain to sell them, however.<br /><br />The naked shorting will never be fixed/addressed until this country collapses because the people who are voted into power now openly do not enforce the laws they were elected to enforce. <br /><br />The Obama Justice Department is the worst in the history of this country. It's an absolute joke. It makes the old Soviet Politburo look like a system based on rule of law.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-65678782648135916502012-04-19T19:24:37.696-06:002012-04-19T19:24:37.696-06:00Israeli chutzpah probably believes that if it prin...Israeli chutzpah probably believes that if it print this...it will come true. Selling gold for WHAT? DOLLARS? CATTLE? MARBLES?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-62931579075274817882012-04-19T19:04:16.726-06:002012-04-19T19:04:16.726-06:00Hi Dave. I saw this message today on InvestorsHub....Hi Dave. I saw this message today on InvestorsHub. What do you think about this as a solution or at least fighting back against this seemingly never-ending shorting of junior mining stocks?<br /><br />"All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are 'on order' they cannot be lent out by your broker and in turn you are reducing the amount of 'free shares' out there that can be used for shorting purposes. And don't forget to move your limit order up when the price starts to recover, then, that way your shares can't be shorted - not much but helps."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-11129578572893183332012-04-19T15:00:42.512-06:002012-04-19T15:00:42.512-06:00Wall street mafia bubble?
In the second half of t...Wall street mafia bubble?<br /><br />In the second half of the show Max talks to Rolling Stone journalist,<br />Matt Taibbi, about the Wall Street mafia, their small and big time<br />rackets and the process of writing these crime stories for a wide<br />audience.<br /><br />http://maxkeiser.com/2012/04/19/kr277-keiser-report-vicious-circle-of-bankster-huddles/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-86588213944218667612012-04-19T11:44:22.479-06:002012-04-19T11:44:22.479-06:00Michael Krieger
www.libertyblitzkrieg.com
The w...Michael Krieger <br /><br />www.libertyblitzkrieg.com<br /><br />The world is a very dangerous place at the moment and it is becoming more treacherous with each passing day. The reason for this is because the self-proclaimed “global elite” or TPTB, whatever you want to call them, have declared war on the rest of us. It is not just financial and economic war but it is also a moral and spiritual one. The game is being played on many levels and most of humanity remains completely unaware of it (although I would say a higher percentage of us are aware than ever before in recorded history thanks to the internet). When people look back at what has happened in the past decade or so and wonder why the welfare-warfare state continues to grow despite who sits in the Presidency the answer becomes clear. The leadership in the United States of America, and in reality pretty much every government on the planet, could care less about the advancement of their people. <br /><br />http://libertyblitzkrieg.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-65350073019563252812012-04-19T11:31:59.508-06:002012-04-19T11:31:59.508-06:00Friday, April 13, 2012
Sprott Market Insights - Jo...Friday, April 13, 2012<br />Sprott Market Insights - John Embry (Pt.1)<br />John Budden speaks with John Embry, Chief Investment Strategist at Sprott Asset Management, about manipulation of precious metals markets by governments in an effort to make paper currencies look good. Meanwhile, all the evidence indicates that virtually all currencies are in devaluation.<br /><br />http://www.cfra.com/chum_audio/smi.john.embry.pt1.12.04.13.mp3<br /><br /><br />Friday, April 13, 2012<br />Sprott Market Insights - John Embry (Pt.2)<br />John and John talk about the incredible value in gold and silver mining shares. They reference their experience in the 1970 Bull Market in precious metals when they made a lot of money. They concluded by saying that investors consider a compliment of bullion and a diversified portfolio of shares. <br /><br />http://www.cfra.com/chum_audio/smi.john.embry.pt2.12.04.13.mp3Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-15457928951426415252012-04-19T11:24:12.511-06:002012-04-19T11:24:12.511-06:00Syria forced to liquidate gold assets
Western, Ara...Syria forced to liquidate gold assets<br />Western, Arab sanctions have caused Damascus' currency to sink, depleting cash reserves<br />Published: 17 hours ago<br /><br />(ISRAEL NATIONAL NEWS) — Syria is moving to liquidate its gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports cut into its cash reserves.<br /><br />Syria’s foreign exchange reserves have been halved from about $17 billion, French Foreign Minister Alain Juppe said on Tuesday.<br /><br />“Syria is selling its gold at rock bottom prices,” he said after a meeting with about 60 nations aimed at coordinating measures against President Bashar al-Assad’s government.<br /><br />http://www.israelnationalnews.com/News/News.aspx/154890#.T5BJrdmi3ToAnonymousnoreply@blogger.com