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What shithead wrote this article? Just kidding. ;)
yeah what a douche. stop making the cost of living go up, speculator.
High quality charts/presentation. Reminds me of the type I'd make!
Love the Turd. Embrace the Turd. Uh, nevermind.
Help feed the Turd!
I remember talking to my pops about inflation back in late 2008 and early 2009. He said that tide will lift all boats.
Last year I made more money than at any point in my life on a nominal basis. Too bad basic life needs have risen faster.
Anyone see that reset button?
Someone upset by the fact that the cost-push inflation created by Bennie Boy takes boats underwater quicker than demand pull inflation?
Tide is coming in bitchez. Better recognize.
Junked? I'm sure someone meant to hit the reply button and hit junk instead.
Either that, or it was your dad.
The real problem is that these price increases are bubbly (freshly printed levered money chasing a near-time limited supply) and inflationy (more money floating around the plebes). This distorts the ag markets and causes chaos in the food chain.
Yes, but I am making too much on commodities and rare earths to push it, just yet.
A Turd post was the only thing that could have made me log back in on ZH. And my picture thing still works, WoooooooHoooooooo!!!!!!!!!!
Hiya, Eric#1. Good to see you flying the Viking flag...
I too have trouble with getting the icon to display in Blogspot, but what the heck..
USDA grain and crop reports out tomorrow. Probably a volatile day ahead.
Beans & rice, bitchez!
Since I started reading this blog a few months ago, I bought a 20 lb. bag of beans and thought myself how to cook them. I now make a mean batch of beans and have save probably hundreds of dollars in the process by just cutting my dinning out habits. Oh, and I made a few bucks buying silver too ;)
The problem with buying that many beans is that they get stale, unless you are eating them every single day.
But hog prices are bullish! We just learned that consumption is not down, well as long as they dont stop printing food stamps or make anyone pay their mortgage ever again!
All hail the turd!
Look...the Fed is going to bring QE2 to an end in June....the dollar will soar....commodities will crash...along with the stock market.....
but when no one shows up at the auction for our trash(bonds & treasuries) the following month the Fed will come right back in with QE3!
Then the shit(gold, silver & most all commodities) goes parabolic....
nice penmanship !
Which part of the two points below you don't understand?
Bernanke has got to get the primary dealers to stop buying food commodities and focus on APPL. Meanwhile they can raise the margin requirements on these commodities.
Thw worst part is people can and will, and are doing without meat.
It is also the easiest to keep, the grains are where the killing fields lie.
Stop and think about what is made out of just three grains, Wheat,Corn, Rice.
They feed the world.
We douchebags, burn it as fuel, and it's not a $ friendly substitute.
But, but, but ..... How do charts work in a rigged fiat casino driven by the EE & Blythe ? Just can't wrap my mind around that one .....
Turd...why do I get the distinct impression its US that are being fattened up and lulled into complacency for the slaughter??
Metals getting crushed today.
Could be enough to send the CRB Index and the ags into a freefall.....
So far, the line appear to be holding.
Don't worry the crash will be blamed on the EE or something so the said predictions are not put into question .... Happens every single time. A win • win. And you get payed in fiat.
Chart shows Gold down .02%. "Crushed"???
If Netflix goes up .01%, is that "parabolic"??
The only thing happening here is the banksters have no metal and are flooding the market with unbacked paper shorts to keep prices down, all to mask the inflationary cliff Benocide has us headed toward.
Gotta love white collar crime.
Blythe has no conscience.
What is your definition of a crash? I wasn't on ZH 30 years ago when silver crashed so I can't say blaming the EE happens everytime.
In fact, I can't remember the last time silver and gold crashed.
the buffoon strikes again. silver is up. true, it opened up, and then filled the gap. but folks bought the non-dip.
and gold is flat.
and home depot is down .73%. hd, you will remember, is the stock that must be on everyone's buying wish list if you want to be part of the 2% winners in the market that school the 98% losers, at least according to zh's resident clown, the catfish mouth robo uber bull bear wannabe poster known as robottrader.
Home Depot has vastly outpeformed the biggest, blue chip gold stock, NEM by a mile.
And, Home Depot pays a dividend which is more than double Newmont's.
Any wonder why the smart money has been buying retail stocks and not big cap golds?
A monkey hammer ..... Or should I say .... Pin Drop .....
no fair changing the target. you said "the metals" are getting crushed, not nem.
silver is up and gold is flat.
Robo, my inclination would be here to JUNK you (for putting up a Home Depot chart)...
Because of ALL retail, that would be the one tied most closely to "Armageddon" (think people who are behind the 8-ball - taking inventory of what PHYSICAL upgrades they need to do to their homes to improve efficiency due to the EXPECTATION of higher commodity costs [lumber, insulation, "do-it-yourself" tools, lawn & garden...emphasis on GARDEN]).
One could EASILY determine that Home Depot happens to be in a cyclical "bull" here (until people get re-stocked on basic necessities)...
Hell - I'm thinking that they could stay afloat for the next 2 years just selling SEED packets & garden hoses...
I'm at Home Depot 2-3 times per week...
I resemble this remark.
Now think how HD would perform is they sold G&A.
It's physical or nothing.
Paper metals are for... well, folks like you.
Time for some moron to tell us to btfd
sorry, you missed it. Many of us already turned paper gold into revenue bearing equities.
actually i tried to buy the dip. but physical prices are up from yesterday where i buy. i wish there were a dip to buy.
Wait - going vegetarian will not only suck in general terms but it wont save me any money??? Another reason to never trust a hemp-covered hippie. But will this mean the end of the 99cent Taco Bell menu?
As long as people are willing to eat sawdust, the 99 cent menu at Taco Bell is safe.
You start by warning them about the coming surge in food costs brought about by quantitative easing.
And if they don't seem to "get" it, this is what they get on their birthday.
By the law of averages, all things that rise have as consequence all other things that fall.
Lets try and name a few :
My appetite when I see these rises.
My ability to take my wife out.
My desire to pay my banker's or tax man's calls, for imminent, last minute before closing of account/ summons by bailiff, warnings. They can just fuck off. All the more so that when you call them for explanation you end up with an answer phone tape, and it costs you telephone time to leave your complaint.
My ability to drive down to the sea for a day out at the drop of a hat when the sun shines.
My ability to talk to my friends about sports events/results as they don't watch the TV any more. Too much work!
My ability to fuck around in town as a book buyer or girl gawker, with time to kill on a side walk café when the sky is blue and I feel my office stinks of my perspiration from over work.
Fortunately on the upside, I can always kick the can in front of a woman who gives me a parking ticket as I always drive the car of my son-in-law to be. He's lent it to me as I lend him my town flat at expensive rates. It's my ride and his ticket. Welcome to the family son.
Lol, life does have it's meager satisfactions, when I see his face over week ends. But he is a nice guy except he works for a Hedge fund, so he can pay for the dents I put into his car bumpers.
Written by my alter-ego, my avatar on a dog leash.
Kill the ethanol subsidies/mandates and many problems go away. If there is a need for ethanol fuel (there isn't) import from Brazil at a fraction of the cost.
With all due respect to Turd, if you want to understand agriculture, read the trade journal, The Prairie Farmer. Well worth the effort for the serious few.
Just FYI... we EXPORTED 1.25 million barrels of ethanol to Brazil this year.
It is much cheaper to make ethanol from sugar than corn, a trick well known to all distillers. If we export ethanol, it is for the same reason we make sugar from beets: retarded, soviet socialist style price manipulation from the government.
"Most of the best steakhouses proudly champion corn-fed beef because, frankly, its tastes a helluva lot better than grass-fed."
Love that idiotic statement!
Cows are not designed by Mother Nature to digest the starch in corn. That's why it takes 10 lbs of corn to produce 1 lb of beef meat.
This writer hasn't been to Argentina where their cows are a lot happier munching on grass and their beef tastes 10 times better than any "champion corn-fed beef".
Case in point: Watch the returning Argentineans flying back to Buenos Aires and see if they choose beef or chicken. Almost to a single man and woman, they will always choose chicken, because they think American "champion corn-fed beef" tastes like shit.
Not to mention the GMO aspect of American "champion corn-fed beef" which causes the unsightly scenes of the supersized Norte Americanos at Walmart.
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