FOMC Minutes: Fed Is Now Openly Targetting A (Much) Lower Dollar

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Tue, 11/23/2010 - 15:10 | 750059 ReeferMac
ReeferMac's picture

Bullion, Bitchez!

Tue, 11/23/2010 - 15:14 | 750077 Dr. Engali
Dr. Engali's picture

Lead...... wrapped in a full metal jacket.

Tue, 11/23/2010 - 15:24 | 750125 unwashedmass
unwashedmass's picture


sort of a jonathan swift way of taking care of things, Ben's talking. He's going to take the dollar down, and literally wipe out all the old and infirm on fixed incomes....and those stupid enough to save with CDs and Treasuries.....

quite a plan....of course, how we manage to teach the next generation that it is safe to save anything in the line of sight of the overlords is completely beyond me.

Anyway, how soon do we think that they are going to try to herd all the 401(K) money into the burrning boats of the Treasury?

Tue, 11/23/2010 - 15:25 | 750130 Horatio Beanblower
Horatio Beanblower's picture

Don't forget to use a little bit of copper too.

Tue, 11/23/2010 - 15:31 | 750149 Dr. Engali
Dr. Engali's picture

Yeah and the sulfur,charcoal,and potassium nitrate. All good investments.

Tue, 11/23/2010 - 16:05 | 750290 Xedus129
Xedus129's picture

nitroglycerin muahah 

Wed, 11/24/2010 - 02:53 | 751748 VodkaInKrakow
VodkaInKrakow's picture

RDX (dangerous, I know), C4, and a 9-volt battery connected to a cell-phone? Phone home to heaven? Funny how Chemistry class in 9th grade (taught by an actual Professor - loved the guy - best teacher) taught us the process for the production of Dynamite.

Tue, 11/23/2010 - 15:44 | 750193 SheepDog-One
SheepDog-One's picture

500 round cases of .308's, fast as I can order em for $160 each!

Tue, 11/23/2010 - 15:57 | 750253 Sudden Debt
Sudden Debt's picture

I like your thinking.

12 month ago, I've would have said you're a looney but now I'm starting to think you kind of make sence.

Today I've got from a very good source that:

1. the silver markets in Europe are also exploding

2. The euro is going for a full blown implosion to.

I'm hoarding as much as I can for the moment. Almost all my cash is in silver now and soon I'm even thinking about going cash on my stocks to to go in silver even more.

But the one thing that is illegal and what I actually want is some firepower.

I did get a sweet deal on a AK from a guy in transport that does the eastern routes but my wife will kick me out when I buy something like that :)

Tue, 11/23/2010 - 16:02 | 750279 trav7777
trav7777's picture

with that much silver, you can get a couple of fresher wives

Tue, 11/23/2010 - 16:07 | 750297 pazmaker
pazmaker's picture

Without a firearm, how are you going toprotect all that silver?

Tue, 11/23/2010 - 18:38 | 750798 Shameful
Shameful's picture

That's a tough one.  If you need it and don' have it then totally screwed.  If you use it and the cops find it then it's jail time.  It's the problem with making guns illegal, only criminals get to have them.

Though if you do get something like that, just don't tell's what my dad did for a lot of his purchases and it's legal here :)

Tue, 11/23/2010 - 20:16 | 750963 eatthebanksters
eatthebanksters's picture

If you need to fire your gun to protect yourself, the last thing you should be worried about is the cops.   BTW, did you know that any cop who loses his/her house to foreclosure is never employable in law enforcement again ( I was told this by a California foreclosure attorney)?  Ya think they're going to be evicting people in the future? 

Tue, 11/23/2010 - 20:22 | 750975 Shameful
Shameful's picture


They are the enforcement arm of the system after all, so I have to vote yes.  Out to make sure there is revenue coming in and people keep paying their fees.  Sure there is some BS about solving crime but that is getting phased out so they can focus on what's important, hustling people for cash.

Tue, 11/23/2010 - 16:56 | 750468 Ahmeexnal
Ahmeexnal's picture

Why not rocks and bricks? They'll be as useful as your primitive bullets. When TSHTF, *they* will use directed energy to neutralize any threat. And Google will find your gold anywhere on this planet. You are all already mapped for serfdom.

Wed, 11/24/2010 - 00:23 | 751461 snowball777
snowball777's picture

Did I give you $0.65 at the BART station today?

Tue, 11/23/2010 - 18:34 | 750789 Shameful
Shameful's picture

Thats a good price. I've found Wolf in that ballpark, but not in stock last time I looked.  Link?

Tue, 11/23/2010 - 15:12 | 750069 squexx
squexx's picture

Yes, but is it bullish for tungsten?!?

Tue, 11/23/2010 - 15:14 | 750078 cougar_w
cougar_w's picture

There they are, talking openly about their man-dates again. I'm okay with acceptance and all that, but in this case I really think you should just stay in the closet, guys. Seriously.

Tue, 11/23/2010 - 15:19 | 750104 Dr. Engali
Dr. Engali's picture

I wish they would stick to talking about their man-dates and stay away from the print button.

Tue, 11/23/2010 - 15:27 | 750134 cougar_w
cougar_w's picture

Maybe they need a date, then. A lot of the time, technology is just there to fill the void in your life where love use to be.

Tue, 11/23/2010 - 16:19 | 750338 Dr. Engali
Dr. Engali's picture

What are you suggesting? You seem to spend a lot of time here . :)

Tue, 11/23/2010 - 16:34 | 750398 cougar_w
cougar_w's picture

Because --- IT'S FUNNY!

I bet Carlin had days like this, too.

Wed, 11/24/2010 - 00:24 | 751465 snowball777
snowball777's picture

The guy is named Brian Sack...if that's not a weak porn name, what is?

Tue, 11/23/2010 - 15:17 | 750091 buzzsaw99
buzzsaw99's picture

Die Bernanke.

Tue, 11/23/2010 - 15:19 | 750107 EscapeKey
EscapeKey's picture

Oh, you speak German!

Tue, 11/23/2010 - 15:22 | 750119 goldmiddelfinger
goldmiddelfinger's picture


Tue, 11/23/2010 - 15:33 | 750155 buzzsaw99
buzzsaw99's picture

ableben bernanke

Tue, 11/23/2010 - 17:01 | 750486 merehuman
merehuman's picture

Bernank is toten

Tue, 11/23/2010 - 17:02 | 750491 merehuman
merehuman's picture

Bernank is toten

Tue, 11/23/2010 - 15:17 | 750092 RobotTrader
RobotTrader's picture

Hard to believe that the market is going to crash unless some of these clothing retailers start showing some weakness.

Tue, 11/23/2010 - 15:20 | 750109 Dr. Engali
Dr. Engali's picture

I just junked you because all the cool kids are doing it.

Tue, 11/23/2010 - 15:22 | 750117 Cognitive Dissonance
Cognitive Dissonance's picture

I just junked you and Robo because you are doing it. Let's get an exponential thingy going here.

Tue, 11/23/2010 - 15:26 | 750132 Dr. Engali
Dr. Engali's picture

Let's see...if I junk you and you junk robo...and robo junks me..... and so on,we could really fuck up the servers.

Tue, 11/23/2010 - 15:29 | 750142 cougar_w
cougar_w's picture

Hey I'm gonna get all TSA on you and touch yer junk.

Tue, 11/23/2010 - 15:33 | 750154 Dr. Engali
Dr. Engali's picture

Just so I'm are gonna touch my junk and then tell the TSA right?


Tue, 11/23/2010 - 15:57 | 750254 MachoMan
MachoMan's picture

I'm securitizing all your junks, calling in nasa to run the numbers, paying off ratings agencies, and selling them to easy money that will eventually be backstopped by the united states government...  and making a killing doing it.

Tue, 11/23/2010 - 16:01 | 750274 Cognitive Dissonance
Cognitive Dissonance's picture


It figures the God Damn lawyer among us would make a killing on this. :>)

Tue, 11/23/2010 - 16:36 | 750405 cougar_w
cougar_w's picture

But you junked him right? That's what matters here.

Hey, did you know you can even junk your own comments? That's for the emo crowd.

Tue, 11/23/2010 - 16:05 | 750289 Dr. Engali
Dr. Engali's picture

I'll buy a hundred kajillion please.

Tue, 11/23/2010 - 16:37 | 750406 fuu
fuu's picture

You do that while I set up the Junk Default Swaps. You can pick the Junk to put in each package and we can sell to HarryWanger.

Tue, 11/23/2010 - 16:43 | 750425 Cognitive Dissonance
Cognitive Dissonance's picture

Does that mean I should go long HarryWanger?

Tue, 11/23/2010 - 16:49 | 750446 Bastiat
Bastiat's picture

Long Wanger?

Tue, 11/23/2010 - 16:50 | 750449 Dr. Engali
Dr. Engali's picture

I think you could go  long HarryWanger for a short period. Over the long haul the best play would be to short HarryWanger.

Tue, 11/23/2010 - 16:22 | 750347 Djirk
Djirk's picture

I am going to junk you more than J LO has in the trunk

Tue, 11/23/2010 - 16:00 | 750267 Sudden Debt
Sudden Debt's picture

I junked you to Robo, but only because Dr. Engali did it first.

Like my dad used to say: "When everybody is kicking somebody that is on the ground, it's fun to join the group".


Tue, 11/23/2010 - 16:32 | 750389 Cognitive Dissonance
Cognitive Dissonance's picture

Plus it's good for morale. Pig pile on the toaster pastry endlessly waving his arms.

Tue, 11/23/2010 - 16:47 | 750437 Dr. Engali
Dr. Engali's picture

I thought he was a rabid Mr. Potato head.

Tue, 11/23/2010 - 19:23 | 750868 akak
akak's picture

Leo Kolonasskiss, RobotTraitor and jdrose1984: automatic "flag as junk"s from me.

Tue, 11/23/2010 - 15:43 | 750190 the grateful un...
the grateful unemployed's picture

this was a $47 stock in 2006, and was recently at $15, down about 20% since the Feb hi (you might pull your head out of your 15min charts long enough to look around)  but as long as the ratio of the gold stocks to the equity indexes is positive, we won't crash. when the gold market leads the way, look out.

and no junk, not worth it

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