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Gold futures just passed $1,500. Silver touches $43.70. Nobody could have possibly seen this coming (certainly not the shorts). Time for CNBC to break out the "$1,500" hats.
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Gold, silver, guns and food. It's coming......
ammo is much more important to accumulate, once you have a few good guns
Mad Max world, here we come.
$1500 sets off derivatives meltdown.
And Fukushima Reactor Number 1 Meltdown:
http://www.fairewinds.com/
Ahhh, fun times, these...
Plunge Enabling Team @ CRIMEX is coming outta the woodworks like crazy now. Gonna be a long drawn out fight around 1500 until they are exhausted and have to retreat to maybe 1650.
I hope the flockers have to stay up 24 hrs/day to fight gold/silver... They are going to lose anyway but make the aholes suffer.
Paging Nouriel "Count Chocula" Roubini, paging Nouriel Roubini --- reality has arrived and is waiting for you in the main lobby:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOfwpkHV2clM&pos=5
Thanks for that Akak. Roubini exposed as just another diversion.
A rare godzilla free day.
This is not one of them.
@ Ahmeexnal
Perhaps that's why gold just bounced down from $1500 a few minutes ago (say 12:50), the EE is fighting this with all they have.
I hope to see some Turd Ferguson comments as I read down thread.
I will break out my $1500 hat when it closes decisively above that number.
Current lead prices here......
http://www.ammunitiontogo.com/index.php
Speaking of a few good guns. I just read where the ATF is considering "redefining" what is or isn't a sporting shotgun. Naturally that means a considerable reduction in what we can or can't purchase. I've been considering purchasing a good double and this is an incentive to push me forward. I have a feeling the ATF will not consider an 18 inch double barrel shotgun a sporting weapon.
They want to ban the Saiga 12.
Just get an FFL.
Legally own a full automatic.
http://www.ehow.com/how_6742869_fully-automatic-gun-license.html
the line between what is and what is not legal becomes very grey during times of disorder.
what is not grey is your name in a state and federal database.
The Feds have been collecting data on all firearms purchases for a while now.
Yup. Here in CA, you have to register ALL firearms now, even shotguns and little .22 soda can plinkers. The dealer is required to keep your name on record for a minimum of 25 years, and the CA DOJ is required to destroy their copies immediately after you pass the background check.
What? You don't believe the DOJ will destroy such "valuable" information on your possessions once they have it?
Mwuuhahahaha...
No way. You get an FFL and they can come in at any time, without notice, to inspect your guns.
...and gone are the days of the $25 a year license fees for class 3.
18" double barrel shotgun not a sporting weapon?
of course it is, no worries
what's on the chopping block are the Saiga magazine fed & Mossberg 500/ Rem 870 pumps
forget about anything drum fed
of course the 2nd amendment has nothing to do with hunting & everything to do with some .gov agency telling you what kind of firearm you can own
Molon labe!
If I take my 590a1 dove hunting will I get an exemption?
Only if you use the bayonet
why? You can't carry it with you when the local nuke plant gets a tornado strike and their backup diesels don't work
trav, if you have to flee a nuke plant disaster, you can always bring along a few clips of ammo for your gun. You know, to help keep your gold a little safer.
remember to save the last round for yourself.
The Road...
...will never happen.
Why there is nothing to worry about when there is a nuclear disaster - you told us as much.
But Trav, as you've told so many, many, many times, there's no need to worry about nuclear reactors. The safely scram and all is well.
What's going on in Japan is just hysteria on our part.
Yup those saints/angels/paragons of truth over at Tepco said everything will be under control by October and everything is going to be A OK.
Radiation spread to Southern Hemisphere.
http://ex-skf.blogspot.com/2011/04/fukushima-i-nuke-plant-is-polluting.h...
Don't forget water filters and vodka!
Turd smiles.
2/3 of the way home.
Only $100 to go.
+++9:1
edit DP
And what's $100 anymore, anyway?
Doesn't matter. That worthless sack of shit already got done smearing you for being wrong pre-emptively.
Once you turn out right, he will be long gone with no accountability whatsoever.
Is your call for $1600 for Toz.s or futures?
15004, 73 times
don't forget barbed wire, beeotch -
from cnbc - gold is up, what inflation?
We just broke $44 /oz silver!
you forgot BITCHEZ in your title chuckle
$1500 will be a tough fight between the gold bugs and the Cartel. Unless the Cartel is now a gold bug.
How? They print it. All they're doing now is dumping USD denominated paper shorts on the COMEX to suppress the price, unfortunatey China's buying that dip with their own currrency and ours as they continue to rid themselves of our worthless paper.
The bears already said it.
Hell yea.
again, "you forgot ARF! ARF!"
now you know....
We owe China a big thank you for raising and maintaining the floor under PMs... thanks China, India, SE Asia, Mid East and all others who are helping. My hat is off to you...oh, where is my hat?
Pull one of your "Dow 10,000" hats out of the closet. Folks may be doing a lot of that soon.
we owe politicians and bankers an even bigger thank you for putting the floor under the pm's. who the hell wants to be part of the fraud and corruption called the Fed Res Note?
Yeah, that's right. Thanks China! It's been great; hope it was good for you too !
WooHoo! Thanks for that latest TV episode of "Idiot in Chief"
I remember the DOW 10,000 hat and that didn't end up fitting too nicely in the end.
The DOW 10,000 hat has become one of the most frequently worn accessories among the Wall Street crowd for over a decade.
Hopefully the GOLD 1,500 hat will be a one-time novelty...
have you folks noticed that Platinum and Paladium are off and AU and AG are up?
They are industrial metals. Industry is collapsing along with all the worlds fiat currencies.
True, platinum is mostly used in catalysts for cars.
+ $1700 and change.
I read that yesterday as well.
I noticed that too. Will gold end up costing more than platinum?
Silver. Dirty little slut. Dirty little fucking slut. Oh yeah you like that don't you? You expensive little fucking harlet. You brazen fuckin' hussie.
Silver is the old "easy money". Gold is the real thing.
No central bank has ever hoarded silver.
I'm going to keep hoarding silver.
Thanks.
I'm sticking with pinto beans, rice, and 7.62. All will be well.
I was kicking around some old mining sites and noticed a preponderance of rusty old condensed milk cans among the trash heap. I am thinking that non radioactive milk products might be nice to store up on as well.
Condensed milk won't keep long. After about six months, the can swells and leaks. When you puncture it, a brown worm escapes about 6 feet into the air and tells you there's nothing edible in that can.
Poor man's hedge: 1946-2011 Nickel Melt value: 6.7 cents.
Agreed. The problem, of course, is transportation and storage costs.
I see all the beans, rice, ammo and raise you 4 pair of Red Wing boots and 2 dozen Levis plus enough meds to treat an army division.
Don't forget to stock sulfa powder, bandages, needles and thread, splint material, pain killers, etc.
+++
Good advice there tough guy!
I'm cornering the market on "Quik-Clot" then I'm gonna wound all the neighbors and charge them up the wazoo to stop the bleeding!
An "organized" Psycopath; my kinda guy.
Toilet paper and soap will make your better half much more amenable to the hardship. And a few bags of feed corn, some sugar, yeast and a still will allow you to make your own "silver." Very handy stuff. You can drink it, burn it or disinfect with it....or barter with it. Think how many alcoholic Bubbas there are....a growth industry for the home distiller.
I went with dry navy beans, rice and 9mm/22LR myself but to each his own.
Tru dat. Im closing fast on enough to pay my Mortgage completely off. Then its pound sand fiat Banker scum. Keep STACKIN BABY.
Have at er, Im just saying when the real collapse happens, gold outruns silver
With the GSR at 34.5 or so I have to agree.
Gold is on sale vs. silver!
Not yet. I'm waiting for a ratio of 20 to convert.
You may be right! But, since coming down from 80 or so, the GSR is practically begging me to switch at least some of my silver to gold. This can be done in stages.
Disclosure: My silver holdings are not much vs. my gold, small change really.
I was thinking the same thing last week and just made a partial switch.
Yes. that's the right answer; The Bank of England "hoarded" a shit-load, (approximately), of silver for a long time, specifically because of it's role as "good money".
Yes. that's the right answer; The Bank of England "hoarded" a shit-load, (approximately), of silver for a long time, specifically because of it's role as "good money".
But central banks hoard fiat shit.
Your argument is flawed.
and...most central banks aren't hoarding "the real thing". They are hoarding tungsten!
I have 10oz silver bars stamped "US strategic Stockpile".
would those have been stored by CBank or treasuary?
thx
No, I think those were minted some years back in San Fran I think out of the original silver that was stored as a stratigic stockpile. The company minted the bars out of this silver when it was sold. I bet they wish they had that stockpile back. Stupid idiots sold our strategic reserves and now even the US Mint has to buy silver on the open market and all the silver is flowing to Chinese hands just like the Opium Wars. Never underestimate the Value of an Ivy Leage education.LOL
Ah the Opium Wars. If I had to guess, I would think with the US growing a mountain of opium poppies in Afghanistan, that another opium war was on the horizon.
Ha, you may be right. Gonna have to get a billion Chinamen mighty stoned to ever want to unass off his stack. To funny.
I have a couple of one ounce coins out of the strategic stockpile. That used to be held in order to make coinage. Now they just use whatever crap they have around to make the coins. Today's coins feel more and more like toys when you actually hold a Morgan dollar or a Barber half...
I often give Morgans to my kids. Even my four year old has commented on the difference in weight. My other child recently noticed that old money was ornamented by ideals, namely Liberty, whereas new money hosts pictures of dead men. We're a long way from the past, my friends.
Judas turned Jesus in for what? 30 pieces of Silver! (about $1300 us)
In some parts of the world you put a price on somebody's head for $50; $500 if you want a professional. I guess Judas was a high flying traitor.
Dieties are just a touch higher.
It wasn't ounces of silver it was pieces - I'd guess dime sized or smaller maybe 1/20 oz.
I've read 8 grams to the silver half sheckle or about .3 ounces. Or a silver piece was 30 denaris, which were 1/10 ounce, again the .3 ounces. Some have said it's more like .25 but still it wasn't full ounces.
Judas' coins were most likely Tyrian tetradrachmas --- roughly a quarter of an ounce of silver apiece.
And after it was all over the temple priests took the30 coins and bought a field in the city for burying poor people. If it was a first year shekel it was 22 grams about 2/3 oz total about 20.5 oz troy or $881.00 today. Try to buy a piece of property in a big city today for under $1000
I wrote a small FB note on this once ...
They used to make it a moral obligation to pay ever single person who participated in law enforcement.
Now the government crams 1000 regulations and license fees and crap down a persons throat and pays them in duty and honor and appreciation all unexpressed.
Maybe not, but national treasuries did.
Central banks don't get to dictate what is money.
Central banks don't get to dictate what is money.
The bastards at the Fed seem to be doing a pretty good job at telling us what we have to use as money (sadly)
Currency and money are different, happily.
No argument with you there... but as it stands, central banks do have the ability to dictate what we use as money... fiat confetti.
At least, in the short term...
"no central bank ever hoarded silver" is only true if you define "central bank" as... well, a central bank. ie, the modern, fiat issuing, fractional-reserve supporting centre of financial blood-sucking that banking has become.
However, kingdoms' and principalities' and empires' and countries' treasuries have hoarded silver throughout the ages. It was the chief monetary metal of China for most of the Middle Kingdom's existence.... the pound Sterling was named that for a reason... and the US Dollar was backed by silver until 1873.
Given Silver's long historical valuation of roughly 1/15 the price of gold (which corresponds to their respective proportions in the Earth's crust), and its current valuation of roughly 1/34, I'd say silver is a pretty good bet right now.
Fort Knox used to hold $3 Billion ounces of silver. Now? Zilch.
You are obviously no student of history.
I like it i like it a lot.
I a starting to like it, smak me again, and again
i do. say it more slowly next time.
LOL...thank you, you made laugh.
lol
Time to break out the industrial grade aluminum for the new hat! Yippay
I go with the institutional Reynolds, the real thick stuff.
I've actually made a faraday shield for my credit union cards and licenses. They can actually scan your cards without you knowing and take your info. Same thing with the gooberment and state issued ID's, they can just walk through a crowd and collect data from everyone's ID's to find out who is there. Not with aluminum baby, I block your shit! Works with cell phones too, just can't receive transmissions when incased.
Yep! I dont scrimp and cut corners on MY aluminum foil, its the thickest, cant hardly even tear it just short of needing metal shears.
roofing aluminum ftw.
I invisible like ninja who works for the phoenix foundation in sheeple suit.
Thats the one located in LA not the rock band or the libertarian organization. Thought I should clarify that.lol
Definitely warrants a..
Gold, Bitches!
Keep it coming, I say. My hope was when we hit 1500 we wouldn't see massive selling. Fingers crossed that it stays up, especially with the dollar lower again. Been holding a long, long time.
Is it safe for us to eat it yet?
+ $1500 per ounce
JPM $44.14/share
Silver $33.80/oz
$0.34 till parity bitches. Short that Blythe.
$33.80 WTF it dropped $10?? Where can I get some at $33.80...oops I forgot that I am CAPTAIN KEYNESIAN
Silver is moving so fast....... It can be difficult to keep up.
I was trying to fix the farking typo.
$43.80 Silver
The "edit" function,
Learn it, live it, love it...
Too bad you can not edit once someone replies.
no its not that's a fckin nightmare, everyone editing after the fact, threads end up making no sense at all.
not just stupid metal'troll nonsense, but like even more gibberish than that.
$1500 hats...now that would be a double Stunner..
hyperinflation, bitchez
GO Longhorns!
Texas Fans Sing Eyes of Texas Are Upon You
http://www.youtube.com/watch?v=Uz5ymPmhu6s&feature=related
Sutton, Rodent,
I just sent an email to the Treasurer of the university I went to asking her to do what UT just did: buy physical gold! Below link is to an article earlier today asking us to write our universities to what Texas did.
http://www.zerohedge.com/article/help-break-bankers-price-suppression-schemes-against-gold-silver
http://www.youtube.com/watch?v=LYULqUKPWuk&feature=related
..."Time for CNBC to break out the "$1,500" hats."
there should be some dow 15,000 lying around collecting dust. just get a marker and make a few changes...we are in a depression.
how about we borrow them, cross out the d, and mark in "wow 15,000!" for the gold bugs.
the only thing i see is a devaluation in your dollarz.
1,500 or 2,500 who cares. take your dollar confetti and burn it.
Right! AND may as well also burn all that is simply a derivative of worthless paper dollars, stocks bonds all of it.
i might only be trying to get rich but burning money just ain't my style. something about a song called "Smashing perfectly good guitars."
Hiatt's the man.
And the fucking large cap mining stocks keep grinding lower. Kinross gold is hitting 3 year lows(not including 08)
This is bullshit.
I have lots of bullion but still.....
All the mines in Central and South America are being nationalized. Mining stocks go to zero when that happens.
Not so fast
South America made those socialist mistakes before, they know the results are not good.
Socialist president of Bolivia (Evo Morales) is talking tough about nationalizing all the mines there.
"Three gets you five" Ollanta Humala would join that parade (Peru's Chavez clone) if he wins the Peruvian presidential election on June 6.
I have always been very open about being a big fan of Peru (and gold), but prudence forces me to turn on a RED LIGHT re investing in Peru until we see what happens after their election.
We saw what happened to the USSR but we are becoming the USSA
I share your sentiment on Kinross. I have been actively buying it every time it goes below 15 dollars. Even bought some today. It is a solid corporation with very low debt and high reserves and the 5th largest miner. I think it is a screaming buy at these valuations. I think it gets hammered by technical traders/bots. I would like to think that a sharp reversal for this stock is very overdue.
First to 36,000. DOW or GOLD?
Silver
Bingo!
Bingo!
My God, my colostomy bag just burst in the excitement.
thanks for the "lol"