• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Goodbye $42...

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Thu, 04/14/2011 - 16:12 | 1170093 brian0918
brian0918's picture

AGQ up 7.5%. Double leveraged silver, bitchez.

Thu, 04/14/2011 - 16:15 | 1170104 nope-1004
nope-1004's picture

Double levered until realization hits that.......

Oh you know the rest of the story.  Continue gambling.


Thu, 04/14/2011 - 16:16 | 1170122 tallen
tallen's picture

JPMorgan must be hurting really hard now. Be careful walking in New York, you might just have Blythe fall on you.

Thu, 04/14/2011 - 16:24 | 1170153 Dr. Richard Head
Dr. Richard Head's picture

JPM @ $44.97.  Parody a'comin between silver and JPM.  When that rubicon is crossed, watched JPM's slow and welcomed death.

Thu, 04/14/2011 - 16:56 | 1170314 RockyRacoon
RockyRacoon's picture

You jest?  (Get it... "parody"?)  I think you meant "parity", meaning equality.

Dick Head.

Thu, 04/14/2011 - 17:16 | 1170388 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

An Overview- Main Thesis: 


Thu, 04/14/2011 - 20:27 | 1170916 Robot Traders Mom
Robot Traders Mom's picture

I thought I should let everyone know my son, Robot Tool, will not be online to troll tonight. The principal called and said he was stuffed in a locker after school by members of the junior high football team, and they are working on getting him out.  

Thu, 04/14/2011 - 20:38 | 1170931 ColonelCooper
ColonelCooper's picture

If his leotard got wedged into the crack in the door, it could be really hard to get open. 

Thu, 04/14/2011 - 18:08 | 1170564 clymer
clymer's picture

and here comes the grammer nazi

(grammer grammer grammer)

Thu, 04/14/2011 - 18:36 | 1170653 chet
chet's picture

"Nazi" should be capitalized.

Thu, 04/14/2011 - 18:46 | 1170676 akak
akak's picture

Nice   :-)


In addition, you neglected to mention that he forgot to capitalize the first word of his sentence, and failed to end it with a period, not to mention misspelled the word "grammar".

Thu, 04/14/2011 - 18:52 | 1170693 Translational Lift
Translational Lift's picture

"sentence, and failed"

No (,) before (and).  ;>)

Thu, 04/14/2011 - 19:00 | 1170713 akak
akak's picture

No, my use of a comma was entirely proper.

I can't stand this recent trend towards the elimination of virtually all commas --- it makes long, complex and otherwise intelligent sentences exceedingly difficult and painful to read and comprehend.

Thu, 04/14/2011 - 19:03 | 1170730 Translational Lift
Translational Lift's picture


Ah....the Obama justification..............

Thu, 04/14/2011 - 22:52 | 1171234 wisefool
wisefool's picture

Obama/Mcain= "Look, I was just a plucky kid, no different from the rest of you. We got these nasty religions which created an opposing force to feeling good. If you want to do it right, you use terms like half sheckles and earned income credits"

if your IQ is > 120 you come to zero hedge and bleet like a sheep.


Every double dipping former (and pensioned) IRS agent needs to remember the church they were baptized at before they call themselves a Taxmaster.

Also. Barry bonds wants to date jenifer aniston. Tyler approves.

Thu, 04/14/2011 - 23:11 | 1171270 RockyRacoon
RockyRacoon's picture

Actually, folks, I'd like to point out that I was not commenting on Dick Head's grammar.  He used an incorrect homonym; the grammar used was just fine.   Furthermore, Akak's use of the comma before "and" was perfectly correct.   Note the use of the seldom seen semicolon in my second sentence.   Now, there is a scarce punctuation mark.

My quibble with you, Akak, would be the use of "intelligent" in adjectivally describing a sentence.  Sentences are simply words with no anthropomorphic aspect.   I think your sentence would have been more intelligible by using "intelligible" instead.

Fri, 04/15/2011 - 04:39 | 1171627 chumbawamba
chumbawamba's picture

I utilize semicolons all the time; all the time.

It is not appreciated nearly as much as it should be; growing illiteracy through spontaneous technologically induced jettisoning being the likely culprit.

I am Chumbawamba.

Fri, 04/15/2011 - 00:25 | 1171419 FrankDrakman
FrankDrakman's picture

I'm with you, friend. Punctuation puts life and pacing into the written word. Anyone who's read Fowler gets it, which means most don't.

Thu, 04/14/2011 - 19:00 | 1170714 medicalstudent
medicalstudent's picture

relax retentives.


it is a parody, of a farce, of a scam.

Thu, 04/14/2011 - 19:46 | 1170837 RafterManFMJ
RafterManFMJ's picture

Grammar Nazi.

Thu, 04/14/2011 - 21:58 | 1171069 mick_richfield
mick_richfield's picture

This sentence no verb.

Thu, 04/14/2011 - 22:10 | 1171098 akak
akak's picture

I'm still trying to figure out if "Grammar Nazi" is nominative or subjective.

Thu, 04/14/2011 - 22:42 | 1171203 bluebare
bluebare's picture

unpunctuated fragment lacking a capital letter at the start

(oops me 2)

Fri, 04/15/2011 - 01:34 | 1171509 rich_wicks
rich_wicks's picture

And it's spelled "grammar"

Thu, 04/14/2011 - 19:04 | 1170733 gmrpeabody
gmrpeabody's picture

You're in rare form, Rocky. Too funny... ROFLMAO!

Thu, 04/14/2011 - 17:19 | 1170399 Geoff-UK
Geoff-UK's picture

Why do you think JPM would die?  What stops Bernake from clicking the "Enter" button $4B times to hand to them?

Thu, 04/14/2011 - 17:42 | 1170472 molotov
molotov's picture

exactly! I am all for trading fiat money for silver and gold but anyone that thinks we will crush JPM through their slv position alone is foolish. The fed will crank the bailout funds for blythe masters and company. meanwhile we argue whether or not the us budget can afford social security or medicare. wake up people! this is class warfare! it is going to take a revolution! it far past time to overthrow our government! it isn't even ours!

Thu, 04/14/2011 - 17:49 | 1170496 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The more dollars loaned into circulation, the lower of the value of said dollars drops, making silver worth more, because silver trades inverse the dollar, wrecking short positions, crushing JPM stock.

Thu, 04/14/2011 - 18:01 | 1170544 SuperRay
SuperRay's picture

yes, but they tracked each other pretty well today.

as far as JPM goes, they'll survive as long as ben and Jamie 69 each other.  Two spiders in a dance of death...

Thu, 04/14/2011 - 19:26 | 1170779 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Yes, to be most specific, precious metals track whichever fiat is winning the moment.  This time last year, I made the call that the Euro was going from $1.35 to $1.25 in the span of a little over a month.  It hit, and I stood by gold, too, because, like I said, precious metal tracks whichever fiat is winning the moment, or more specifically, the fiat that tracks precious metal, wins the moment.  But as all fiat will fail, it matters little in the end.

Thu, 04/14/2011 - 18:10 | 1170572 lynnybee
lynnybee's picture

+1 ..... the innocent, the elderly are being targeted to pay for this mess.     class warfare it is.  

Thu, 04/14/2011 - 18:33 | 1170644 molotov
molotov's picture

yes! the worst thing the elderly did was believe in the American Dream, believe in the righteousness of American Democracy, fought America's proxy wars in Korea and Vietnam. Honorable hardworking men and women who believed in justice and freedom. I include those too that had the courage to question authority in the late 50's, 60's and 70's. We all believed in freedom, we believed America could be a beacon to all. And this is what we receive.... a corporate facsist oligarchy hell bent at bending every individual on the planet to their will. A corrupt Supreme Court, a corrupt executive branch, a corrupt government on both sides of the aisles through and through. It is time to rise up and overthrow the entire system and all of it's security apparatus'. We do not have to accept this. Your vote for any of this, at thelocal, county, state or nation al level is your contract of acceptance of this tyrannical cabal of terrorists.

Thu, 04/14/2011 - 19:06 | 1170728 Vagabond
Vagabond's picture

Don't forget about all the social welfare programs you guys set up.  And don't forget that while you may be screwed out of the entitlements you set up for yourselves, us young ones are the ones who are really going to have to pay.  We will not have the same opportunities you had during your life.  But at least I have the foreknowledge to know that the various ponzi schemes won't be around to fail when I'm older.  I just have to pay into them now and never receive anything back.  Great deal.  Thanks for all the hard work older generations, but really we'd have all been much better off starting from scratch rather than trillions in debt.  Keep patting yourselves on the back, you meant well.

It's not as if I blame you, the trouble all started before your time as well, and I'm sure seemed like a great idea when the baby boomers were popping out left and right.  I just can't stand the attitude taken.  I took no part in forming this sytem, and never had the opportunity to object, yet I'm forced to give up 1/3 of my labor to a black hole. At least you guys had a chance.  I welcome the end of this Kensian/Fascist nightmare so we can start from scratch, rebuild and create a better system for our children.  If that chance doesn't come, I will not raise my children in this rapacious country, I will move elsewhere.

Thu, 04/14/2011 - 19:07 | 1170737 CrazyCooter
CrazyCooter's picture

Or, more succintly, what were prevailing wages and education costs like in the 60s versus the aughts (00s)?




Thu, 04/14/2011 - 19:14 | 1170748 Rodent Freikorps
Rodent Freikorps's picture

The road to hell is paved with good intentions.

Thu, 04/14/2011 - 19:20 | 1170768 molotov
molotov's picture

of the middle class or lower, not a single one of us created the fascist oligarchy. but it is now our job and yours, you whiner, to kill it.

Thu, 04/14/2011 - 20:08 | 1170885 pazmaker
pazmaker's picture

You are brave saying what you say on here, knowing that this site is monitored....what do you propose?

Thu, 04/14/2011 - 20:28 | 1170914 narapoiddyslexia
narapoiddyslexia's picture

Ummm, it would not take bravery if Molotov were an FBI mole, would it?

Thu, 04/14/2011 - 21:04 | 1170971 molotov
molotov's picture

it is not bravery but rather stupidity on my part. I have lost everything. I once described myself as a pacifist but have seen that life as a pacifist have not really actualized any lasting change for the common man. Mahatma Ghandhi has been the best recent example, but where is India now?

Unhappily, I must admit, that Mao Tse Tung may be right, that change comes through the barrel of a gun. Do not mistake, the Homeland Security Dept., The FBI and local law enforcement, with the help of both, Reserve and Active Duty Military Personnel, will come down upon the resistance with the Hammer of Thor. This revolution will not match any of Hollywood's active memes. It will be brutal, it will be extreme, but I chgoose thatover being a slave to the Corporate Fascist Terrorists that have usurped the authority of this Nation and the World at large. I am not going to give into their dream. This is my consciouness, this is my dream and I lovce the Common Man and Woman and their children.

Thu, 04/14/2011 - 22:58 | 1171254 TIMMAYYY
Fri, 04/15/2011 - 01:25 | 1171503 wisefool
wisefool's picture

The only thing the government has been effective with in the last 100 years was the IRS, and now they have turbotim running the show.

Timmay is competent and he will get under your skin, but he has no plans to take your silver, gold, fat wife or your condo in hati.

He only wants your kids to fix TurboTax.

Thu, 04/14/2011 - 19:37 | 1170808 SaulA
SaulA's picture

I see our plan has worked.  You will kill each other long before you kill any of us.

Thu, 04/14/2011 - 19:42 | 1170816 Rodent Freikorps
Rodent Freikorps's picture

Won't have to kill any of you Mr. Alinsky.

Without a govt. stipend, y'all will be dead from starvation within the month.

Thu, 04/14/2011 - 19:49 | 1170838 molotov
molotov's picture

where do you live? what is your address?

Thu, 04/14/2011 - 20:29 | 1170920 narapoiddyslexia
narapoiddyslexia's picture

Ah, Molotov, you're in your parent's basement somewhere, reverse-trolling as an FBI agent. Very clever.

Thu, 04/14/2011 - 21:40 | 1171035 molotov
molotov's picture

I am exposed! I am 51 years old.  In the past three years i have lived out of cars, tents and the open sky. I was awoken at three in the morning in the city of Denver by 12 law enforcement personnel inquiring why i was on the very same path that Obama would travel to the Stadium for the DNC address. Numerous guns pointed at my head, numerous questions, but no rap or record for any thing whatsoever. I was allowed to continue to sleep until morning since it was John Hickeloopers (then Denver Mayor)policy that that the homeless not be harrassed.

I worked for Obama's Presidential campaign in Henderson County North Carolina. I told my Dsistrict Campaign Supervisor tha Obama was only candy for the masses, that he was a creation of corporate advertising and that no Change would come from his election. Why would one work for his campaign one might ask? A legitimate question. In Hnderson County you had over 6000 African Americans, decendants of slaves, and a ruling ologarchy of 356 white anglo-saxon amerikkkans that had actively intimidated and persuaded the majority that it was in their best interest to no vote for ove a hundred years. I wanted the Black Chiuldren of these Families to wake up on November 3rd and KNOW that a Human Being of their own Race and EWthinicty had been elected to the most powerful office in the scam UNIVERSE. That a black man had been elected PRESIDENT OF THE UNITED STATES OF AMERICA! That was my only motivation. I did not vote because I knew that the paradigm of right and lift, white and black, illegal immigrant vs. blue collar American was a complete sham! Still, every person of color that day was empowered! And I participated in THAT!

I am white, of catholic and protestant descent which I reject, and believe in only one thing, POWER TO THE PEOPLE!!! If we must be conscious, then we are responsible for our destiny and it has nothing to do with color, prestige or postion in a man made caste system!

It is time for us to claim our personal power of authenticity and truth and overthrow the regime that is currently attempting, quite well, to dominate the world peoples. The wealthy ARE our enemy until they prove otherwise through submission and relinquishment of their manufactured entitlements.

If necessary, eliminate them all, entitlements for the poor myASS!! Just review the FOIA request as Matt Taibbi of the Rolling Stone has so succi9ntly done. The only entitlements that exist are for the RICH. Do your homework, the truth is out there. Just because the USA govt. has spent the last 30 years dumbing down AmeriKKKa, it does not give you, Joe and Jane Q. Public the excuse to be ignorant. If you were born intellegent, and you were, you still have that intelligence to fight the Good Fight and Overthrow World Tyranny. It is completely esconced in American Goverment, Top to Bottom, from the local to the National level and it is more pernicious than ever. No employee of the government is immune, they are the enemy!

Fri, 04/15/2011 - 02:04 | 1171548 StychoKiller
StychoKiller's picture

I suggest you read "An Enemy of the People" by Henrik Ibsen, before you lay claim to the benevolence of the "people."

Fri, 04/15/2011 - 02:57 | 1171586 European American
European American's picture

Obama is not black, he is white.

Fri, 04/15/2011 - 03:27 | 1171596 akak
akak's picture

Actually, Obama is a mulatto, which makes him darker than a quadroon or "high yellow", but lighter than a sambo.

Sat, 04/16/2011 - 13:29 | 1176048 velobabe
velobabe's picture

O is just branding. just like coke a cola.

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