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And The Nominees For The "Best Dive" Category Are Lionel Messi... And Gold

Tyler Durden's picture




 

For all football fans out there, we have a suggestion: take a gold bar, put a number 10 jersey on it, and let it play on the Argentinian football team: the theatrics in the price of gold are only comparable to the ridiculous Latin American dives one observes on the pitch (for those unsure what we are talking about we have enclosed an informative video). Gold plunging from $1262 to $1240 in a few minutes compares only to a sweeper almost, but not quite, hitting Messi's leg.  The rest is pure Oscar-worthy genius.

 

Yet for all the posturing, and all the theater, true class remains, and just as Messi is the best football player in the world, so gold's true worth will keep on being recognized by ever more people. Case in point - today, the GLD ETF, and the world's fifth largest (alleged) holder of gold, bought yet another 4.2 tonnes of the yellow metal. And here is something funny: on June 15, GLD closed at $121.02, the same as where it closed today. Yet in the meantime, GLD has bought 14 tonnes of gold (from 1,306.1 to 1,320.4 tonnes), or what some estimate is half the monthly output of all gold mines per month. Simply said, just this simple ETF continues to consume all the free supply there is in the market. And since the price of gold is unchanged in the interim, it obviously means there is absolutely nobody else buying gold anywhere, as S and D are in perfect equilibrium.

Riiiiight.

Our advice: just like on the football field, enjoy the theatrics in the gold price, but don't take your eye off the big picture - in the end, no matter how many yellow cards Messi gets for fake diving, Argentina will win the World Cup. As will gold (which incidentally is what the Cup trophy is made of).

 

 

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Tue, 06/29/2010 - 20:25 | 443161 p19581
p19581's picture

And foreigners still don't understand why Americans have yet to allow this game (played by "men" in shorts)to be called "football".

Tue, 06/29/2010 - 20:33 | 443168 SRV - ES339
SRV - ES339's picture

Great calls Tyler... they will both prevail (gold may take a little more time though)!

Tue, 06/29/2010 - 20:40 | 443178 pragmatic hobo
pragmatic hobo's picture

I can only hope that the game of soccer never catches on in the US. US influence on soccer will only poison the game with instant replays, commercial breaks, and rule changes to force more goal scoring.

Tue, 06/29/2010 - 20:48 | 443183 boricuadigm-shift
boricuadigm-shift's picture

"Poison the game with instant replay"???  Come on... The players have to worry enough to beat the other team, and they also have to worry to beat the referees.  We need some type of technology to at least help them with their bad offside/goals calls.

Tue, 06/29/2010 - 20:48 | 443186 gmrpeabody
gmrpeabody's picture

Yea..., we'll really poison the game by taking those horns away, too.

Tue, 06/29/2010 - 20:50 | 443191 Recovery3000
Recovery3000's picture

Metric football will not work unless the PC crowd completely sucks the manhood out of our society.  Any other real sport you play through an injury not fake it.  And its boring.  Like rednecks love Nascar, foreign rednecks love metric football.  Only liberals and foreigners really like MF here.

Tue, 06/29/2010 - 20:56 | 443197 masterinchancery
masterinchancery's picture

Got to love all those 0-0 ties, makes my leg tingle just like the teleprompter-in-chief.

Tue, 06/29/2010 - 21:02 | 443212 Recovery3000
Recovery3000's picture

Not mention the tension to find out who's the greatest country in the world Mexico or Uruguay

Wed, 06/30/2010 - 04:34 | 443786 Dr. Sandi
Dr. Sandi's picture

Metric football will not work unless the PC crowd completely sucks the manhood out of our society.  Any other real sport you play through an injury not fake it.

Yeah, like NBA roun'ball. Now there's a manly sport where NOBODY EVER fakes an injury for the ref.

Tue, 06/29/2010 - 20:56 | 443198 lizzy36
lizzy36's picture

game could benefit from a shot clock....just saying.

Tue, 06/29/2010 - 22:44 | 443408 ColonelCooper
ColonelCooper's picture

+1. Which is the average combined score of every game I've ever watched.

Tue, 06/29/2010 - 21:00 | 443205 PierreLegrand
PierreLegrand's picture

Poison that game? How? It sucks...always has and always will. It is a distraction for the masses...

Tue, 06/29/2010 - 21:21 | 443246 choob
choob's picture

I have to say, out of all the faking, whining, diving players Messi is not one of them. For a player of his talent he could be a lazy selfish brat and he is anything but, unlike, say, C Ronaldo.

Tue, 06/29/2010 - 23:56 | 443587 Circumspice
Circumspice's picture

It's very difficult to see how Americans would fuck up the game more than FIFA already has.

Tue, 06/29/2010 - 20:57 | 443200 PierreLegrand
PierreLegrand's picture

Goddamn bunch of sissies running around in shorts playing a boring game full of pissy theatrics....big fucking deal.

Gold Bitchez!

Tue, 06/29/2010 - 21:05 | 443219 VK
VK's picture

America should stay out of football, it's the world's game. And football produces more injuries then any other sport. And as for your sissy american football, I suggest you watch The All Blacks play rugby against South Africa. No helmets, no padding, just a clash of bodies. So fuck your crappy sports which no one else in the world gives a shit about.

Tue, 06/29/2010 - 21:08 | 443224 Recovery3000
Recovery3000's picture

Rugby players would wear pads if they got flattened by a 350 lb linebacker.

Tue, 06/29/2010 - 22:46 | 443417 Pegasus Muse
Pegasus Muse's picture

A 350 pounder can't play rugby.  The lard ass wouldn't last 10 minutes on the pitch.    

Tue, 06/29/2010 - 23:40 | 443551 futboller04
futboller04's picture

One long play from scrimmage and those guys need subs. 20 second play, rest, 10 second play, rest, tv timeout, play...

Tue, 06/29/2010 - 21:25 | 443253 PierreLegrand
PierreLegrand's picture

Screw the world...what, why would I want to imitate South Africa most murderous place in the world in just 20 short years, Italy, Spain, Britain as she rolls over and gets screwed by Islam, or maybe I can imitate the women haters in Saudi Arabia, or jeez maybe I can hope to imitate the Nordic countries where their women cannot walk the streets because muslim third worlders have intimidated the men of Sweden into hiding? The world has nothing I want...I want to get back to forgetting about the world and concentrating on my life. Fuck your wars, fuck your murderous bullshit dictators, fuck your centuries old grudge matches, fuck your asshole inovations in cradle to grave care, fuck your stupid ass boring sports...fuck your world. All that shit you call sports is designed to distract you from the emptiness that is a life ill spent. I want to get back to being an American...

"I am for free commerce with all nations, political connection with none, and little or no diplomatic establishment. And I am not for linking ourselves by new treaties with the quarrels of Europe, entering that field of slaughter to preserve their balance, or joining in the confederacy of Kings to war against the principles of liberty." --Thomas Jefferson to Elbridge Gerry, 1799. ME 10:77

Tue, 06/29/2010 - 21:37 | 443268 ColonelCooper
ColonelCooper's picture

+1. Twice.

Tue, 06/29/2010 - 23:02 | 443447 Augustus
Augustus's picture

It is difficult to find anything to disagree with in the philosophy of Jefferson.  It IS noteable that it was Jefferson who finally decided that enough was enough in re the dey of Algiers and the pasah of Tripoli so the man settled the matter of Mohammedan enslavement of Americans with military force.

http://memory.loc.gov/ammem/collections/jefferson_papers/mtjprece.html

Tue, 06/29/2010 - 23:28 | 443517 DoChenRollingBearing
DoChenRollingBearing's picture

+ $1240 Pierre

Tue, 06/29/2010 - 21:39 | 443271 ColonelCooper
ColonelCooper's picture

Uuhm.  Kind of an apples to oranges comparison, but fuck you anyway.

Tue, 06/29/2010 - 23:02 | 443453 FrankIvy
FrankIvy's picture

nm

Tue, 06/29/2010 - 23:02 | 443454 FrankIvy
FrankIvy's picture

I never played soccer growing up, but I like watching it.  Watching Donovan score in the 91st minute was thrilling.

Regarding nobody caring about U.S. sports, how many people watch the Super Bowl?

Regarding U.S. soccer, what can be said?

Look at Brazil.  The have two things.   Millions of poor people, and soccer.  So that's why their so good at soccer.  Take that away, and they're just a bunch of poor people.

Now look at the U.S. - take soccer away and nothing changes other than a lot less gas gets burned on 3 day weekends in the fall.

 

Regarding how good U.S. soccer is?

Well, we're top 16 in the world, right?  Figure 9-16 spot.  There are 100 countries in the world where soccer is the number 1 sport, and we're better than all but a handful, and the funny part is - this is just a throwaway sport for the U.S..  It's not even on TV.  It's not even top 5 money maker.  And we're STILL top 16 in the world.

It's a fun game.  We just happen to have several others here that are fun and are well established.

Wed, 06/30/2010 - 08:38 | 443933 Zina
Zina's picture

India has much more poor people than we have here in Brazil. And India is not good at "soccer" (football).

Tue, 06/29/2010 - 23:49 | 443574 WeeWilly
WeeWilly's picture

VK, I have a nephew visiting from Korea next month. What's the number one thing he wants to see? American football! The rest of the world better watch out!!

Wed, 06/30/2010 - 04:23 | 443776 doggings
doggings's picture

America should stay out of football, it's the world's game. And football produces more injuries then any other sport. And as for your sissy american football, I suggest you watch The All Blacks play rugby against South Africa. No helmets, no padding, just a clash of bodies. So fuck your crappy sports which no one else in the world gives a shit about.

they would only end up having their own national tournaments where nobody else is allowed to play, and call it "the world series" too.

and they wouldnt be able to stand the physical punishment either, bet they'd all come out wearing a bunch of pads and helmets.

pussies.

Tue, 06/29/2010 - 22:18 | 443358 John Bigboote
John Bigboote's picture

William Wallace wore a kilt and I don't think that would have stopped him from kicking your ass. What is the problem with shorts? I guess nut hugging football and baseball tights are your preference.

Tue, 06/29/2010 - 23:21 | 443498 dereklutz
dereklutz's picture

hey bigfoote, get a grip.......did we fold when the germans bombed pearl harbour???????

 

Wed, 06/30/2010 - 00:50 | 443656 PierreLegrand
PierreLegrand's picture

And Wallace would have looked upon those pissy little boy loving assholes, playing that sissy little sport, rolling around on the ground acting as if they have nuts to damage, as a bunch of pansies and probably would have run a sword through them to save himself from listening to the wailing that must come from their shitty little mouths.

I fucking hate soccer...can you tell? 

When Theisman had his leg fucking split in two he didn't act like a little boy loving soccer pussy wailing and knashing his pretty little teeth. He took it...like a fucking man.

Oh and perhaps all that shitty education has failed you but every single time we have come against a bunch of you pansies in Europe we have kicked your motherfucking asses...England asskicked twice...Germany ass kicked HARD twice....Japan asskicked...Soviets fucking ash heap...China well ok we did that one to a draw. I am willing to concede they are tough...but you European pansies muahahaha.

Wed, 06/30/2010 - 01:19 | 443696 Bay Trader
Bay Trader's picture

clearly this game is for pussies...

http://www.youtube.com/watch?v=jASH0GEbp2k

Wed, 06/30/2010 - 05:55 | 443821 kaiten
kaiten's picture

Euro-phobia is treatable, you know.

Wed, 06/30/2010 - 08:36 | 443928 Zina
Zina's picture

Of course it's a 3rd world sport! That's the reason why brits, french, germans and italians LOVE it!

I understand the american frustration about colective sports: the rest of the world simply ignores "American Football" (that despite the name, is played with hands) and Baseball. And when we talk about Basketball, we remember that despite all that NBA "stars", the USA only won the FIBA World Championship 3 times, and the last one was in 1994.

Wed, 06/30/2010 - 03:32 | 443755 tlil5774
tlil5774's picture

Sure - it makes much more sense to reserve that name for a sport where the pads and protection weights more than the players themselves and the only players to actually use his feet to kick the ball are generally disrespected by the "real football players". Never mind the accepted practice of purposefully delaying the game and running down the clock during the last 2 minutes of all close games. I could go on forever but I'm sure the point is clear already.

Tue, 06/29/2010 - 20:32 | 443165 Cognitive Dissonance
Cognitive Dissonance's picture

".....or what some estimate is half the monthly output of all gold mines per month. Simply said, just this simple ETF continues to consume all the free supply there is in the market."

Tyler,

You're forgetting about the 67.2 tons of Gold brought back into circulation each month by those "Cash for Gold" outfits. :>)

Tue, 06/29/2010 - 21:02 | 443214 DosZap
DosZap's picture

CD,

From what I hear, that amount has dried up considerably.........

Much to Nadlers chagrin..............:>)

Tue, 06/29/2010 - 21:26 | 443254 Cognitive Dissonance
Cognitive Dissonance's picture

I was making a sarcastic joke. I have no idea how much Gold those reclamation companies bring back into circulation.

Tue, 06/29/2010 - 21:36 | 443266 LeBalance
LeBalance's picture

Restating an earlier post:

"I have purchased the last 40 and the next 40 years supply of mined Gold as well as all the above ground free supply for this here ETF without moving the price one penny."

TD: Riiiight.

Realise: The essence of life is WAR.

Tue, 06/29/2010 - 22:03 | 443320 sneering nihilist
sneering nihilist's picture

i traded in a few grungy, mishandled maples a few weeks ago at a coin shop.  apmex would sell them as "scruffy" coins for a very small premium over spot.  i think that these very low premium coins get sold mostly as scrap and eventually get melted down.  the guy behind the counter looked at the coins then plopped each one down on a digital scale.  "they're real, we'll give you X $ per as credit," he said.  I told him i wanted a nice slq that they had in stock.  It was actually fun, buying something with gold.  i also got to realize gains and get goods all tax free.

there was another customer in there at the time that was asking another worker why the price of the silver bullion was priced higher than what he referred to as the "wall street price."  the guy was buying silver and he didn't even know about spot and premiums.  i'm not saying that the bull run is over but the word is definitely getting out.

 

soccer fucking sucks. i'd rather watch golf or even curling over soccer.

Tue, 06/29/2010 - 23:21 | 443501 futboller04
futboller04's picture

Interesting, up until the last part. You ever play the sport?

Wed, 06/30/2010 - 09:21 | 443994 Johnny Bravo
Johnny Bravo's picture

I agree about the "word getting out" on PMs.  I can't tell you how many people I know that are buying old silver and stuff because "the sky is falling."

As far as "you ever play the sport", yes, I have played soccer.  I was the goalie on my soccer team as a child.

Still, playing a sport and watching it are two different things.  I LOVE to play golf, but that doesn't mean that it's exciting on TV.  Soccer is the same way.  It's fun to play, but I'd rather watch paint dry then watch soccer on TV.  It must be a boring and sad existence in the countries where people actually give a shit about a 1-0 game

Wed, 06/30/2010 - 09:59 | 444078 futboller04
futboller04's picture

Playing any sport at a higher level gives you a bit more appreciation for what these guys do. The diving is definately frustrating to see, but I know that in my college games you didn't see this. I feel it's only at the interenational level do you see this aspect of the game. I could see how it would be tougher to get into on TV though, especially without the technical knowledge or thorough understanding of the game. The game's starting to take off in the country and as more people play, and play it at a higher level I think the appreciation for the sport will naturally follow.

Tue, 06/29/2010 - 23:35 | 443536 DoChenRollingBearing
DoChenRollingBearing's picture

Hiya CD, always glad to read your thoughts.

My Sarcasm Detector either does not work or is so piss-poor that I would propose (as a voluntary thing, not a Tyler or Marla thing):

Please make your sarcasm explicit!

...

Bearings do not pick up sarcasm well.  They just bear the weight and keep on rolling.  Until they fail.

Wed, 06/30/2010 - 06:25 | 443839 BearOfNH
BearOfNH's picture

Oooo, a Sarcasm Detector. Now there's a useful invention...

Tue, 06/29/2010 - 20:33 | 443169 Spitzer
Spitzer's picture

I like the analogy and the video, now lets see some hockey hits.

Tue, 06/29/2010 - 20:34 | 443170 Atomizer
Atomizer's picture

Just another comedy of poor football actors. We have our dose in DC that will be fired in November.

 

 

Tue, 06/29/2010 - 20:39 | 443175 maff
maff's picture

Have you guys been watching all the silver leaving the comex over the last week? Another 800k oz+ yesterday. People have been trucking off 0.5%/day recently. See

http://news.tradingcharts.com/futures/3/6/141772063.html

Interesting...

Tue, 06/29/2010 - 20:40 | 443176 teaddy bearish
teaddy bearish's picture

OHH SHIT i tough the market was perfectly efficient .................

Tue, 06/29/2010 - 20:43 | 443180 boricuadigm-shift
boricuadigm-shift's picture

I thought the World Cup was made of Tungsten.

Tue, 06/29/2010 - 20:48 | 443184 nmewn
nmewn's picture

Courtesy of Harvey Organ, from a letter he sent to the Chairman of the CFTC;

"Gold derivatives by the usa banks increased by 7.8 billion usa dollars to an astrounding 107.7 billion dollars.  J.P.Morgan increased their derivative risk by $2.1 billion, a 2.5% increase whereas HSBC increased its gold derivatives by a monstrous $6.1 billion dollars, a huge 37.9 percent.   The increase in gold derivatives, this quarter,  as determined by the OCC is equivalent to 40% of all gold mined in the world this quarter which is around 18 million oz and this number represents just the increase in derivatives.   Silver derivatives increased by 900 million dollars to 13.7 billion dollars.  The derivatives belonging to JPMorgan increased by 1.7 billion dollars whereas its conpadre HSBC decreased its derivatives by 800 million   dollars to $4.25 billion. The increase in notional value of silver derivatives belonging to JPMorgan totals over 100 million oz.  With worldly production of 680 million oz, (quarterly production equates to 170 million oz)."

http://harveyorgan.blogspot.com/2010/06/commentaryjune-282010.html

 

 

Tue, 06/29/2010 - 20:48 | 443185 SmittyinLA
SmittyinLA's picture

Actually I think Uruguay will win, and the best bad-actor award should go to Mexico's Blanco, who can't seem to even walk without wincing in pain.

Tue, 06/29/2010 - 20:51 | 443189 cowdiddly
cowdiddly's picture

Brazil da Big Dogs Babe, don't even kid yourself.

Tue, 06/29/2010 - 21:01 | 443209 PierreLegrand
PierreLegrand's picture

There are no big dogs in that prissy little pissant game played by a bunch of sissy actors...big fucking deal.

Tue, 06/29/2010 - 21:10 | 443227 VK
VK's picture

I fucking dare you to say that at the Nou camp in Barcelona or at Old Trafford in Manchester. Or in any part of the world outside the US. If you've never seen Barcelona or Arsenal in full flight you don't know what beauty is. And football is more important then gold. To 6.4 billion people.

Tue, 06/29/2010 - 21:17 | 443236 Recovery3000
Recovery3000's picture

Yes, my point of redneck foreigners is well taken, who else would want to fight over soccer?  Soccer=NASCAR, both boring, both pointless.

Tue, 06/29/2010 - 21:23 | 443249 choob
choob's picture

Which sport isn't pointless? Does a bunch of neanderthal rapists battering each other for 80 minutes (all padded up to boot) somehow add value to your life. In between all the ads of course.

Tue, 06/29/2010 - 21:28 | 443258 Recovery3000
Recovery3000's picture

Agreed, sport is simply entertainment, no more.

I am not going to hang a flag of Tupac outside my house just because I like his music and think he's the greatest rapper.

Tue, 06/29/2010 - 21:44 | 443279 ColonelCooper
ColonelCooper's picture

Isn't "greatest rapper" like "smartest idiot", or "best worst"?  "Happiest depressed" or "prettiest ugly"?

Tue, 06/29/2010 - 21:51 | 443294 Recovery3000
Recovery3000's picture

just making a point about preferences, they are just that.

Tue, 06/29/2010 - 22:14 | 443263 hamurobby
hamurobby's picture

..

Tue, 06/29/2010 - 21:20 | 443243 scofflaw
scofflaw's picture

Spoken like someone who has absolutely nothing going on in life.

Wed, 06/30/2010 - 01:21 | 443698 Bay Trader
Bay Trader's picture

+1000, especially in regards to my beloved Gunners

Wed, 06/30/2010 - 09:25 | 444001 Johnny Bravo
Johnny Bravo's picture

"And football is more important then gold. To 6.4 billion people"

Make that 6.1 billion, because nobody cares in the United States, unless you're talking about REAL football, where people hit each other and don't just kick a stupid ball back and forth for hours with no scoring.

No scoring.  Yep, that describes soccer players alright.

Wed, 06/30/2010 - 04:29 | 443781 doggings
doggings's picture

There are no big dogs in that prissy little pissant game played by a bunch of sissy actors...big fucking deal.

oh dear oh dear.

even walking into The Den (Millwall) on a Saturday afternoon would have you staining your underpants quicktime. you have NO clue now be quiet before you embarass yourself more.

Tue, 06/29/2010 - 20:51 | 443194 eludog
eludog's picture

I like the analogy.  Messi is soccer's version of gold for sure.  How about Christian Renaldo as the squid!  Both are all about themselves and don't add any value outside of there small little world.  F' both of them!

Tue, 06/29/2010 - 21:02 | 443210 BeerGoggles
BeerGoggles's picture

And foreigners still don't understand why Americans have yet to allow this game (played by "men" in shorts)to be called "football".

And anyone outside the US wonders why a game where the foot is only used to kick maybe 1% of the time is called American football ;)

Tue, 06/29/2010 - 21:05 | 443218 Recovery3000
Recovery3000's picture

The origin of Gridiron (American football) is in the history of the world's most popular sport: Football (soccer). When soccer -- more universally known as "football" (which of course makes sense because football players use their feet) -- players decided to change their centuries-old game with restrictions such as the no-use-of- hand rules, people who disliked this broke away to create rugby. In the states we have created our own version of the game under the same old name "football" (Gridiron) with more of a rugby style, the whole time forgetting why we call it that.

Tue, 06/29/2010 - 22:11 | 443331 nonclaim
nonclaim's picture

/me scratchs head over "more universally" concept... as if the more common "world outside US" wasn't ridiculous enough.

Tue, 06/29/2010 - 22:30 | 443384 harveywalbinger
harveywalbinger's picture

Thank you Cliff Clavin

Tue, 06/29/2010 - 21:10 | 443226 p19581
p19581's picture

And foreigners still don't understand why Americans have yet to allow this game (played by "men" in shorts)to be called "football".

And anyone outside the US wonders why a game where the foot is only used to kick maybe 1% of the time is called American football ;)

 

OK, you got me there.  Come to think of it, the soccer players always did very well in English class.

Tue, 06/29/2010 - 21:13 | 443231 BeerGoggles
Wed, 06/30/2010 - 00:54 | 443670 TGR
TGR's picture

Soccer is a gentleman's game played by thugs, rugby is a thug's game played by gentlemen, and gold is the real game played by both crooks and honest men trying to rise above the smoke and mirrors.

(Sorry can't comment on American Football as never really watched it properly)

Tue, 06/29/2010 - 21:14 | 443233 cowdiddly
cowdiddly's picture

 

Tue, 06/29/2010 - 21:16 | 443234 Atomizer
Atomizer's picture

Tyler & Staff. A little geopolitical think tank game is being played. Food for thought. First we will turn back the hands of time

Israeli Espionage

http://www.youtube.com/watch?v=rEOecRtBU7U


Security expert Fred Burton analyzes the U.S. arrests of alleged Russian spies and discusses the interconnected nature of espionage cases. http://www.youtube.com/user/STRATFORvideo These elite cunts are so desperate because plans are not going well. We have to wait on the Iran ship arrival. The spin will once again begin. MSM is in total meltdown mode. Sheeple are not obeying to manufactured crisis in an orderly fashion. The more crisis's generated in a given day, seems to have little to no effect in creating a chaos mode. These think tank fucks are picking straws and members are hoping they don't pick the short straw. FYI

Tue, 06/29/2010 - 21:34 | 443235 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Well now, here is a debate; which is more rigged, sport or the gold market?  As I am not a huge soccer fan although I still find it a beautiful sport (hint in that I call it soccer), I can not say how often the games are rigged.  So I will focus on a sport I love and know well, basketball.

Tim Donaghy was caught red handed rigging games a couple years ago, and big games too.  Laker games, playoff games, Laker playoff games, etc.  And who was paying him?  The Mafia was, big time Mafia players were paying him to rig big time games. 

The gold market, in my opinion, is the big game, and I am not alone on this one.  Who out there that knows their 'ish from shinola does not own gold?  Maybe not your average Joe Sixer who thinks he will retire at 65 and collect a pension while medicare pays for his Prozac, but anyone who can understand anything has at least 5% of their portfolio in gold.  But guess what?  The market is totally manipulated!  Yeah I know you know, but let's go over this briefly.  The Fed fixes prices with the gold they are supposed to have in Fort KnAUx, ETFs such as GLD buy "gold" and then flood the market with paper tickets that make people that they too own gold, and all banks have the gold they say they do and never ever lie about it.  Also the Comex and LBMA also have ALL the gold they say they do, and also JPM and GS short the gold market keeping the price down (sorry that some of those statements were sarcastic, I am sure you can pick and chose accordingly). 

So as you see, manipulation by the Mafioso is running rampant in not just sport but in finance.  Maybe if we took back the game and bought physical there would be no more flopping.

And TD, thanks for the laugh.  Flopping is hilarious!!!

Tue, 06/29/2010 - 22:23 | 443367 Hephasteus
Hephasteus's picture

The problem is that not only do you not get the opertunity to realize your pension fund or 401k fund manager is a dick brain. You don't even get to meet them or talk to them as they are all "handled" for you. Until the dick brains lose everyones money nobody will say anything. So the fed will keep printing Mr dick brains success at managing your money all over the stock market and the corporations will continue lying more and more severely about how well they are doing. If they are in massive trouble then everything is fine. If they are making money hand over fist they'll blab about growth and doing better. They'll keep raiding pension funds just like congress raids social security knowing it'll cause a huge hassle that everyone has to "adapt" to.

I'm just sick of this shit. Fuck the fed. Fuck every government. Fuck the IMF. Fuck the UN. Fuck G20 G8 Gwizz.

Wed, 06/30/2010 - 01:44 | 443719 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Gwizz

Nice finish!  I mean, that, really.

Tue, 06/29/2010 - 23:54 | 443585 DoChenRollingBearing
DoChenRollingBearing's picture

Once again, Mr Lennon I have to complement you on a post.

While I have only been a ZH-er for a year or so, I have been buying physical Gold, Silver, and Platinum for decades (very small quantities at a time, but it adds up over decades).

I hope to see JPM and GS and GLD and SLV all flopping soon as we who want our PHYSICAL PMs watch 'em flop and then die!

...

I mentioned on another thread earlier that I made my first trade in months!  I had 1000 shares of SLV sitting in one of my accounts, and sold it today!  I got in at +/- $13.75, so took the paper profit.  Now I have 0% exposure in bogus ETFs (other than my un-sold long-suffering SRS...)!  One less thing to worry about...

Wed, 06/30/2010 - 09:29 | 444007 Johnny Bravo
Johnny Bravo's picture

If you can trade it for a profit, does it matter whether it's backed by gold or jellybeans?

Tue, 06/29/2010 - 21:19 | 443241 DoctoRx
DoctoRx's picture

Brilliant analogy, Tyler

No one credible can look at your 2.5 year representation of the price of gold and see the peak of a bubble.  Peak of a bull market, of course, one never knows. 
I sleep as well with my gold holdings on down days or weeks as in the '90s with my NAZ stuff.  The NAZ went lunatic in what we now know was the opening phase of looting by the financial PTB.  The future terminal phase of that may well appear to the sheeple to be gold going lunatic, but if so ithey will have it backward as usual. 

Tue, 06/29/2010 - 21:20 | 443242 choob
choob's picture

woops.

Tue, 06/29/2010 - 21:31 | 443262 MiningJunkie
MiningJunkie's picture

"Ain't no fever like gold fever"....(anonymous beggar)

Tue, 06/29/2010 - 21:41 | 443274 Instant Karma
Instant Karma's picture

If people take big loses in the credit markets or the equities markets or the commodities markets, they will be forced to sell off their better assets such as gold.

Tue, 06/29/2010 - 22:51 | 443426 Mitchman
Mitchman's picture

And watch thrilling 0-0 games of soccer. ;-)

Tue, 06/29/2010 - 23:30 | 443525 futboller04
futboller04's picture

Can you get up and down the field for 90 mins? Most Americans don't appreciate the fitness that goes into the sport. There's no timeouts and you have to make a lot the decisions on your own. I could see how this would be a tough sport for the average American to follow.

Wed, 06/30/2010 - 00:29 | 443606 Circumspice
Circumspice's picture

What a bullshit argument. The average soccer player moves around 10 km (6 miles) per game, which over the course of 95 minutes of action equals 6.1 km/h (3.8 mph), something you can walk comfortably. It requires fitness and endurance, but that's a really secondary aspect of the sport that's pretty exaggerated. There's a lot of walking going on out there.

Top-notch basketball players, by the way, typically do around 5 miles per game (for reference: 190 possessions per game * 94 feet / 5280 feet per mile = 3.4 miles excluding maneuvering to get open or defend their man). The point is that the differences here are negligible.

Since I'll typically run 4 miles a day, what I appreciate most about any professional sport has more to do with the skills that 99.99% of the population doesn't possess. I'd bet a lot of people, though, could last through a soccer game.

Americans don't like soccer because of the crap you see above and the piss-poor officiating quality. We got fucked against Slovenia and Algeria, England got fucked against Germany, Germany got fucked against Serbia, Mexico got fucked against Argentina, Australia got fucked against Ghana, Chile got fucked against Spain, Côte d'Ivoire got fucked against Brazil, and we haven't even started the fucking quarterfinals. Many of us played soccer growing up, but lacking anything to sustain interest in its professional incarnation moved on and never looked back. I'm a little bit embarrassed that I try to get interested in the sport every few years when it's such an enormously disappointing mess.

Besides, if I want to watch rigged matches with a group of men falling down acting like they got shot in the face, I can always turn on the WWE.

Wed, 06/30/2010 - 01:49 | 443723 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Will the REAL Cliff Claven, please stand up?

Wed, 06/30/2010 - 02:34 | 443749 KevinB
KevinB's picture

I don't know that it's a "bullshit" argument. I played Canadian football in high school, but I also played soccer. Each year, each student had to complete the "12 minute" run - you run around the standard 440 track for 12 minutes without stopping, and count the number of laps.

I was the only member of the football team to complete more than 8 laps. Most couldn't do four. No member of the soccer team completed less than six. And since these were 16-18 year old boys, presumably at the peak of fitness, I think the results are relevant.

I like American football. I like soccer. I like basketball. I like baseball. I like cricket.

But the best sport on the planet is ice hockey, bitches!

Wed, 06/30/2010 - 09:33 | 444012 Johnny Bravo
Johnny Bravo's picture

You must have had a pussy football team.  4 laps?  Our coach would fucking kill us if we only made it 4 laps, unless it was the first day of practice or something.  We'd be bear crawling up and down the field.

In high school, we'd run until we puked, and then keep running.  

In wrestling in particular, there were days where we'd run for 45 minutes straight at least.

Wed, 06/30/2010 - 07:34 | 443876 futboller04
futboller04's picture

Lot and I mean a lot of free throws going on in basketball. You're telling me nothing about the NBA finals wasn't rigged? You seen an average person on the street try and kick a soccer ball? Unfortunately there's a bit more to the game than running.

Wed, 06/30/2010 - 09:34 | 444015 Johnny Bravo
Johnny Bravo's picture

Yes, there's kicking the ball back and forth over and over and over and nothing happening.

Wed, 06/30/2010 - 10:06 | 444084 futboller04
futboller04's picture

You're right the movement off the ball is non-existent.  It's only the 2 guys kicking it who are doing anything.  After U8 soccer there's a little bit more strategy involved than just kicking the ball.  

Wed, 06/30/2010 - 00:10 | 443595 DoChenRollingBearing
DoChenRollingBearing's picture

Instant, anyone who wants sell their Gold Eagles to me, OK I'll take them.  Sure Gold could go down in a deflation or market crash.  So what.  I am staying with the Ancient Metal of Kings!  With some side bets on Silver and Platinum.

...

I can't ID the lovely lady of your avatar.  But, I had always thought before that you might be a middle-aged semi-geezer like me when you had your Platinum Eagle and then your Gold Buffalo avatars.

Could be I was completely mistaken, and that you might be a young punk who likes looking at his pretty avatar!  She is pretty yummy-licious best I can tell...

Tue, 06/29/2010 - 21:45 | 443281 Chesther
Chesther's picture

I am not sure which bothers me more;the fact that Americans are the only people on the planet that have no appreciation for futbol,,or that realizing this they still don't give a shit.

Tue, 06/29/2010 - 21:51 | 443291 Recovery3000
Recovery3000's picture

I would amend your second point, we are proud that we don't give a shit.

Why would it bother you anyway, it is as they say a free country.

Tue, 06/29/2010 - 22:17 | 443355 p19581
p19581's picture

To try and better understand your conundrum, simply refer to the video above

Tue, 06/29/2010 - 21:51 | 443290 goldfreak
goldfreak's picture

great post but the problem is Messi is not a diver.

http://www.youtube.com/watch?v=lU4Qxd8nmPs

Tue, 06/29/2010 - 23:11 | 443473 Augustus
Augustus's picture

"A possibly psychic octopus . . . "

News you can use.

Tue, 06/29/2010 - 22:43 | 443406 lsbumblebee
lsbumblebee's picture

I think that all the soccer moms in the USA should show their appreciation for whatever and come up with ideas for the gold trophy of the future which possibly could be made with construction paper coated with Elmer's glue and sprinkled with yellow brass shavings.

Tue, 06/29/2010 - 22:52 | 443428 bigdumbnugly
bigdumbnugly's picture

nice video

for a minute i thought it was an old adam west batman episode.

 

boooFFF...    SplaaatttTTT...    etc.

Tue, 06/29/2010 - 23:05 | 443461 MarketTruth
MarketTruth's picture

Aussi rules rugby is a REAL man's game. The football guys in the video are p...y punters. Gold, on the other hand, is also a real man's sport.

Wed, 06/30/2010 - 00:05 | 443600 DoChenRollingBearing
DoChenRollingBearing's picture

Got that right Market!

+ $1240

Tue, 06/29/2010 - 23:08 | 443465 Augustus
Augustus's picture

Many times ZH has drawn attention to the increase in GLD assets without a noticeable increase in the physical price on the futures market.  I'm convinced that the real insider trade here is to try to know when the operators of the GLD fund will require the physical delivers.  No doubt that there is "paper gold" there as it is much cheaper to store.  At some point those managers will decide to reel in the catch of the shorts on that paper and call for delivery.  GLD holders will not be disadvantaged by that.  they will be front run but still along for the manipulated ride.

Tue, 06/29/2010 - 23:21 | 443499 lsbumblebee
lsbumblebee's picture

What do you think will happen if "those managers" somehow coordinate to call for delivery all at once?

Tue, 06/29/2010 - 23:36 | 443540 bigdumbnugly
bigdumbnugly's picture

now that's something i would like to see.

Tue, 06/29/2010 - 23:42 | 443557 lsbumblebee
lsbumblebee's picture

The countdown is on.

Wed, 06/30/2010 - 00:23 | 443625 rmsnickers
rmsnickers's picture

Enough of the "soccer is the world's sport" garbage.  It is only that way b/c of millions of poor people in 3rd world countries only need a ball (or big rock, or watermelon, or whatever) to play...not like they are going to run out and buy shoulder pads or helmets. 

That being said, I do enjoy watching the matches and I do think these guys are incredible athletes.  If the game would move away from the dives and embellishment, more people would be a fan.  Seriously, it looks like a fucking sniper takes a player out every couple of minutes but just like in call of duty, they come right back to life and play on.

Oops, just realized I was on ZH and not ESPN....thx for the upgraded servers!

Wed, 06/30/2010 - 08:32 | 443922 Zina
Zina's picture

Of course it's a 3rd world sport! That's the reason why brits, french, germans and italians LOVE it!

I understand the american frustration about colective sports: the rest of the world simply ignores "American Football" (that despite the name, is played with hands) and Baseball. And when we talk about Basketball, we remember that despite all that NBA "stars", the USA only won the FIBA World Championship 3 times, and the last one was in 1994.

Wed, 06/30/2010 - 09:37 | 444026 Johnny Bravo
Johnny Bravo's picture

That's because our teams only practice together for like a week before they play people that play together every day.

I bet the Lakers could beat any world basketball team in every match.  Where we fail is that we take all of our best players, put them together for a few days, and expect them to play like a team.

Wed, 06/30/2010 - 01:26 | 443702 Caviar Emptor
Caviar Emptor's picture

UN Report favors abandoning Dollar as global reserve currency. 

http://www.moneynews.com/Headline/dollar-unitednations/2010/06/29/id/363403

This is gold bullish and dollar bearish. Also any replacement to the Dollar, even a currency basket still carries plenty of uncertainties.

Wed, 06/30/2010 - 01:37 | 443713 tip e. canoe
tip e. canoe's picture

not after the way espana played today will maradona's marauders win.  no fucking way.  they won't even get past the deutsche blackshirts, especially with the young turk ozil.

and for those 'merikans who love to trash football (oh sorry, soccer), you shouldn't ever wonder why the rest of the world thinks this country's full of arrogant ignorant pricks.

Wed, 06/30/2010 - 04:06 | 443768 RedwoodTree
RedwoodTree's picture

Soccer is not a sport, it's like watching paint dry, only that the painters are moving around...

 

and athletes diving/cheating is not unexpected, when almost every other human on the planet (banksters, politicians, whatever) cheats also, why would we expect anything different.

 

I am not Chumba Numba Bumba Rotumba or anyone else...

 

Wed, 06/30/2010 - 04:36 | 443787 doggings
doggings's picture

American "football" is not a sport either its a bunch of queers in pads all huddling down smooching and whispering sweet nothings in each other's ears for most of the game.

see how silly you sound?

Muay Thai is a proper sport, some of you "ball" players should try that.

Wed, 06/30/2010 - 05:36 | 443798 RedwoodTree
RedwoodTree's picture

Had to google that one... LOL

but my comment on the players "flopping" when hit by a feather stands...and is pure fraud, and don't even get me started on the refs (or whatever they are called, umpires? etc...)

 

Their "fix" to their errors: don't show them on the big screen in the stadium ROFL. well, at least the refs won't get killed then, but it's a bit like put your head in the sand, so the errors can be "not fixed" ROFL idiots...

I am not Chumba Bumba Numba Rotumba or anyone else...

Wed, 06/30/2010 - 06:09 | 443830 doggings
doggings's picture

fully agree, think you'd find the vast majority of football fans world-wide want video to be used on close calls, its ridiculous that its not and teams get robbed constantly by shite refs.

if you watch it on the tv you see every replay in detail, you can see whether it was offside, goal scored or whatever in a few seconds, usually while the teams and refs are all still fighting about it.

 

Wed, 06/30/2010 - 07:29 | 443873 cowdiddly
cowdiddly's picture

and every play begins with the Quarterback scratching the Centers nuts. but Soccer is Gay?

Wed, 06/30/2010 - 07:59 | 443896 goldfreak
goldfreak's picture

All this trashing football, is it just resentment on the part of the US, that it's the one thing they can't cut it in?

The US watches the world having a party in which it is just a guest and and NOT the birthday boy or the bride and can't stand it?

 

And then we get beat by Ghana, ha ha

 

Wed, 06/30/2010 - 09:40 | 444031 Johnny Bravo
Johnny Bravo's picture

Well, they chase giraffes around all day.  We actually make stuff and have jobs.  Well, 80% of us anyway...

Wed, 06/30/2010 - 10:43 | 444142 goldfreak
goldfreak's picture

being a troll is a job?

Wed, 06/30/2010 - 08:21 | 443908 Zina
Zina's picture

The only problem is that Argentina won't win the World Cup. It will be eliminated by Germany, wich will lose the final match to Brazil.

 

Wed, 06/30/2010 - 10:22 | 444113 goldfreak
goldfreak's picture

Zina

eres Brazilero?

Wed, 06/30/2010 - 08:46 | 443936 NumberNone
NumberNone's picture

We have our own version of this is NBA Basketball...

http://www.youtube.com/watch?v=uoc8Ei9xk8g

The Flop...

Wed, 06/30/2010 - 15:12 | 444702 Ripped Chunk
Sat, 08/21/2010 - 11:23 | 534753 herry
herry's picture

Certainly a lot of details like that to take into consideration. Thanks windows vps | cheap vps | cheap hosting | forex vps

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