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If only I had more money to purchase more precious metals?
Let me fix that for you:
If only I had more Federal Reserve Notes, I would purchase more real money.
excuse me guys, but...ah, Ben says that the dollar hasn't been declining...
so i think you all should stop faking these charts......
me, i'm buying gold, cause it is pretty. look away, nothing to see here.
Pretty, yes. But you still can't eat the damn thing. :)
No, but you use it to buy things you can eat. You can't eat the fed's linene either.
Thanks for this post....
Remember Weimar Republic - With Hyperinflation....
"Central Banks doesnt want Deflation cos Ponzi Scheme will be negative deleveraged". So they need to hyperinflate commotidies, meanwhile Real Estate leverage still dropping slowly at a stablished path...
Chairsatan = pathological liar?
Chairsatan = most evil man on planet?
The man opens his pie hole and PM's rally.
You gotta hand it to him.
Let Chairsatan continue to hide behind CPI data that does not accurately measure rises in the cost of living for so many people. Let prices for food and energy (and many other necessities) surge. Maybe one day an angry populace will introduce Chairsatan to the tip of a proverbial pitchfork.
Get rid of your FRN's as fast as you can and buy silver.......while there is still some to be had. The Bernank is having great success in his quest to destroy the USD.
Chairsatan made up of .999 shit.
The Bernank's bull is .9999 fine bull.
Looks like the U.S. masses are going to personally be feeling the consequences of Bernank's printing now, through lack of purchasing power... instead of just the rest of the world feeling the brunt.
I can't feel sorry for them though, it's payback for their apathy.
apathy implies awareness to begin with, and we're not even close to "awareness" at any level among American society.
Heck, I try and make some folks aware of the situation on a board I frequent, and get mocked for it. My real life friends and family at least listen and nod politely before they ignore me for the greener conversational pastures of sports, movies, and video games.
If only he were Canadian, he could be .999999 shit, much more refined.
and SPY & /ES do not dip below the 10MA for a second all day. unbefuckinglievable.
Talk, talk, talk.
Doesn't appear to be getting very far these days.
They're saying "Less talking, more printing"
Wow! Everytime this guy talks the markets freak, he is NOT confidence inspiring! Uncertainty is the name of the game, i think we/re in for stormy weather.
In my country I am not even allowed to watch this clip. It sucks. Copyright blabla...
Muddy Waters recent taping of potential fraud by China MediaExpress (CCME)
Stock down 9% on the release.
That would also explain Barney Frank salivating.
It ought to be obvious to one and all that The Bank was installed to be the last pope of th efed. The final papas. He is the one that will get to torch it. Gross, Fuddley etc. are talking his book for him. Buffer is mouthing the opposite on MSM.
All one big kabuki (planned to the last detail by the way and you'd better believe it. ust see how many congressmen and senators and Presidente's appear in MSM news with that stupid Rotunda Halo around their heads. t does not get more obvious than that.).
And The real Il Papas will take care of it for the Vatican. He is doing a fine job managing the crisis no one can talk about.
And Cerebrus, the penta-headed hades guard will get to run amok amongst us.
Such is how I see it.
gold touches over $1440.
USD/CAD is at 0.97!!
The head-and-shoulders is pointing to $0.80, which is a looong way from $1.60 ten years ago!!
That reminds me of the last time our dollar went over parity with the USD. People starting asking questions about why we weren't seeing a difference with prices of goods over time. One example was books. The USD price, which was consistently less, was printed on books and magazines along with the CAD price, and people were asking why they shouldn't just go across the border or order from Amazon.
Their solution was to stop putting the USD price on the books!
What The Ben. Ber-nanke needs to improve his credibility is an episode of Pimp-my-Gutenberg :P
What is continues to wow me is that after I post this on facebook, It will be ignored, however if I comment on a movie I watched or Charlie Sheen, well then everyone seems to care/comment on that. The pulse of our society is arrythmic at best. I am the "crazed lunatic" that shouts that the sky is falling. So sad. Oh well, I guess I will keep investing in everything non paper and opening up accounts in say Singapore.
I've been posting a "your daily economic warning" on my Facebook page for over 3 months...not a single comment. I told my dearest colleagues that they needed to buy silver & gold 2 years, and again 4 months ago. AFAIK, not a one did, but have pointed out to me recently it would have been (passive past tense) a good idea, in retrospect. Normalcy bias combined with ostrich reflexes.
Nathan’s Economic Edge this morning:
“Bernanke flapped his criminal lips again, finally mentioning that commodity inflation will at some point, but certainly not now, LOL, begin to impact the economy. Wow. We really need to jail that guy and to end the ‘Fed’ entirely before he gets the globe into WWIII – starving people worldwide should be enough. But of course it is those who truly own the ‘Fed’ who are really to blame, that is where the focus belongs – the rest is just distractions.”
As Schecter says in "Will Bankers Get By With It?": "Personalizing bad guys makes for good TV without offering a real explanation. When financial institutions and services became the dominant economic sector, they effectively took over the political system to fortify their power. It was done incrementally over years, with savvy, foresight and malice."
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