Guest Post: Currency Wars: Flash Points in the 'Age of Rage'

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Tue, 03/08/2011 - 15:37 | 1030507 Ancona
Ancona's picture

The US is in a bad place right now, with unemployment stagnating at high levels and the invisible hand holding the markets up by a thread.

The sword of Damocles is dangling over the heads of the banking cartel and the world is losing faith in the dollar.

In short, we're fucked.

Tue, 03/08/2011 - 15:59 | 1030569 DoChenRollingBearing
DoChenRollingBearing's picture

Then it is up to each of us to get prepared!  Buy gold and silver.  Guns and ammo if so inclined (I am).

Diversification and Agility will help each of us to be ready.


Earlier today I bought $40 worth of nickels.  I enjoyed it so much I just went and bought $40 more!  Let's do the math:

$80 * 0.39 (metal value premium) = $31.20 (paper) profit

Elapsed time: 25 minutes, tops.

Beats working!

Tue, 03/08/2011 - 17:10 | 1030789 SilverFiend
SilverFiend's picture

You profit only if you can find someone who will pay you extra for a nickel.  Which will be almost impossible.  I have heard of doomsday scenarios speculating the nickels will be traded for their metal value post currency collapse.  I seriously doubt it.  Gold and Silver are money.  Other than that you be better off to buy ammo and food stuffs for barter post collapse.

Tue, 03/08/2011 - 17:21 | 1030820 DoChenRollingBearing
DoChenRollingBearing's picture

You may be right!  This is a small but fun little hedge for me.  But, apparently the US Mint will phase out the nickel in its present form.  Current nickels will disappear (Gresham's Law) and get saved.  Could be that before long "junk nickels" will be sold by the bag like junk silver is now.

As money comes in, the Bearing uses some of it to buy gold, ammo and food.  And maybe some more nickels too!

Tue, 03/08/2011 - 19:36 | 1031289 rocker
rocker's picture

Gold and Silver were exchanged as currency just like nickels today. Looking forward, I think you are correct to save nickels now. Copper pennies made before 1982 are almost worth .03 today. This is really a great way for kids to learn about the real value of real things and inflation. Might even teach them to save for a rainy day.

Tue, 03/08/2011 - 21:27 | 1031734 fasTTcar
fasTTcar's picture

Canadian pre 1982 nickels bitchez!

.999 pure, 4.54 grams each = exactly 1/100th of a pound.  100 nickels = $5 face = 1 pound of pure Ni.

AND perfectly legal to export to the US and melt outside of Canada.

I am currently back ordered 2000 lbs at 12 cents each.  Might have to raise my price.

Tue, 03/08/2011 - 16:32 | 1030648 covert
covert's picture

you all have it all wrong. they are idiots in love with the worst dreams of the stupidist dictatorships. this is impractical. the edicts are bad for business.


Tue, 03/08/2011 - 20:54 | 1031614 Buck Johnson
Buck Johnson's picture

I agree, the sword of Damocles is dangling over the heads of the banking cartel as much as it's hanging over the head of Americans also.  I still say that we are going into hyperstagflation when everything is said and done.

Tue, 03/08/2011 - 15:40 | 1030514 buzzsaw99
buzzsaw99's picture

bombing brown babies in their beds since 1950.

Tue, 03/08/2011 - 16:04 | 1030584 Michael
Michael's picture

Poisoning all of you from the sky too. Watch this only if you are wearing your aluminum foil hat because you won't be able to see it otherwise. Without your special hat it will just look like gobldy gook to you.

Now with your special hat in place tell me this is not how normal passenger airplanes fly?

Danish Chemtrails 7 March 2011 Effing Shocking Footage (Caught in the Act in HD!)


Tue, 03/08/2011 - 16:58 | 1030750 I am more equal...
I am more equal than others's picture

Chemtrails? No. Con-trail? yes.  That is condensation trails caused by the air being heated up as it passes over the wing.  High pressure under the wing ... low pressure over the wing creates lift.  Wait, maybe it is the dreaded HOH!  HOH is known to cause death when taken in massive quantites or when used as a substitute for oxygen.

Tue, 03/08/2011 - 18:08 | 1030978 LowProfile
LowProfile's picture


The pressure change created by the turbines causes the HOH present (but stable) in the atmosphere to precipitate out and quite literally 'rain' down (eventually) on the public.

Those sinister bastards!

Tue, 03/08/2011 - 18:50 | 1031095 Michael
Michael's picture

How do you explain those 2 aircraft crisscrossing each others paths at close range and those other planes flying parallel patterns? I know this is difficult for you to understand but tell me this is normal for passenger aircraft.

I called Governor Rick Scott of Florida about 6 weeks ago and asked him to get the air force to stop dumping its chemicals on us that are blocking out our sun. We sell sunshine here in Florida. That's why they call us the sunshine state. Tourism is our #1 industry. We don't want our bread and butter going home with bad memories of their vacations because of polluted disgusting skies, I told him.

I also said I don't care if they dump their shit in other states as I could care less about those people, just keep it out of ours.

A couple days later the chemtrails stopped over the state of Florida and for the most part has been beautiful ever since. Thanks Governor Rick Scott.

Wed, 03/09/2011 - 07:35 | 1032386 tonyw
tonyw's picture

It is perfectly normal for passenger aircraft to follow the same route. I have had commercial passenger aircraft pass directly/exactly under me flying in the opposite direction. From this video in two dimensions it is not possible to know how close the aircraft really are and almost certainly they were at different heights. Fortunately air traffic controllers are normally pretty alert to planes on collision courses:-)

As an example, you might remember the "rogue missile" fired off the California(?) coast a few months ago and caught on camera, this turned out to be an ordinary plane so easy to confuse.

Something about Occam's razor.

Tue, 03/08/2011 - 15:46 | 1030522 tellsometruth
tellsometruth's picture

post perfecto...I remeber your previous posts and it allowed me free think my way into seeing silver at 36 in march in the fall...flashpoints before march delivery...thanks for telling some truth

Tue, 03/08/2011 - 15:41 | 1030523 RobotTrader
RobotTrader's picture

Not everyone is getting screwed

PigMen are making huge coin shanking the daytraders on a daily basis.

Watch them plunge the Dow by 200 points tomorrow.  Or they could jack up the Dow by another 200?  Who knows?

Tue, 03/08/2011 - 15:45 | 1030537 tellsometruth
tellsometruth's picture

the lack of cognissant correlation in markets is evidence of said PigMen monopolies of monopoly money.

Tue, 03/08/2011 - 15:54 | 1030543 buzzsaw99
buzzsaw99's picture

They are whipsaw-killing the small potatoes crowd that have to hold overnight.

Tue, 03/08/2011 - 16:03 | 1030585 trollin4sukrz
trollin4sukrz's picture

Killing traders by opening huge and sidewise action.

Tue, 03/08/2011 - 15:57 | 1030562 Motorhead
Motorhead's picture

Just a quick look at individual stocks and volume appears to be lower than average (execpt the FAZ, which is getting whacked after yet another recent r/s).


Tue, 03/08/2011 - 15:58 | 1030575 dark pools of soros
dark pools of soros's picture

who the hell are the day traders?  Isn't it just computers trading to sheep 401k funds?

Tue, 03/08/2011 - 16:14 | 1030603 malikai
malikai's picture

Yep. And it will all happen in about 5 minutes time, with the rest of the time spent blowing stops or faking breaks. It's good to be the king.

Tue, 03/08/2011 - 18:32 | 1031033 asteroids
asteroids's picture

If they can't fuck retail then I guess daytraders are next. Then they go after pension and mutual funds, heh heh.

Tue, 03/08/2011 - 15:42 | 1030526 buzzard beak
buzzard beak's picture

Hey, why are my banner ads for " ... Muslim Matrimonials ... Browse singles now" and " ... Call Cote d'Ivoire ... 17,9 cents a minute ... Try for free!"

What, are all you other dudes on this site finding raghead mail order brides while checking in on the progress your cocoa pirates are making in the heart of darkness?

Or is it just me getting these cause I'm a black buzzard?

Tue, 03/08/2011 - 16:02 | 1030582 savagegoose
savagegoose's picture

bankruptcy negotioations here

Tue, 03/08/2011 - 16:22 | 1030622 Sokhmate
Sokhmate's picture

it's the behavioral targeting intelligence of the ad system. The ad is specifically addressing you.

Tue, 03/08/2011 - 15:44 | 1030528 Cleanclog
Cleanclog's picture

World is entering a world of hurt.  And just wait in the US for the wealth effect to end.  Owie!!

Tue, 03/08/2011 - 15:43 | 1030529 Motorhead
Motorhead's picture

And the Dow 30 is up 134 points as I type this.  WTF?!?

Tue, 03/08/2011 - 16:11 | 1030597 cosmictrainwreck
cosmictrainwreck's picture

+144 now...prob'ly finish at high for day.... I think it might be "manipulated". YA THINK?

Tue, 03/08/2011 - 16:40 | 1030683 Motorhead
Motorhead's picture

Oh, don't be so harsh.  We have the SEC watching.  They have a "no exception" policy.  Tough as nails, the SEC is.

Tue, 03/08/2011 - 15:43 | 1030532 dick cheneys ghost
dick cheneys ghost's picture

all at a time when america is at its own tipping point. we need to cut defence to save our own ass...........



Tue, 03/08/2011 - 17:05 | 1030776 SilverFiend
SilverFiend's picture

No,  we need defense to defend from our enemies.  Bringing all of our troops home and securing our borders with them would be good start and save a lot of money without cutting the core of the strongest military in the world.  Like it or not,  the strong rule the world,  the weak perish.

Tue, 03/08/2011 - 15:45 | 1030533 Sudden Debt
Sudden Debt's picture

Extraordinary popular delusions and the madness of crowds will make it all interesting in the comming months/years.



Tue, 03/08/2011 - 15:57 | 1030561 tellsometruth
tellsometruth's picture

Really with all the corn subsidies out there? lol jk... but i prefer peanuts (5lb bag of Hoodies for $5.99) and Bananas (new national fruit of the republic usually from TJ's for $.19) for inflation/deflation diet.

Tue, 03/08/2011 - 17:11 | 1030792 Sudden Debt
Sudden Debt's picture


Tue, 03/08/2011 - 15:46 | 1030541 InconvenientCou...
InconvenientCounterParty's picture

quick, print more FRN's before the value of the raw materials exceeds 1$.

Tue, 03/08/2011 - 15:49 | 1030551 Oh regional Indian
Oh regional Indian's picture

", which specifically meet to discuss coordinated monetary policy outcomes, did not consider this eventuality."


Are you kidding me? The bank of banks? Did not foresee this? Heck, they probably had the head of the plannign table.

This is all still very much to script...

Ordo Ad Chao.... then ordo ab Chao.

Lot's more Chao to come. Currenseas are at the heart of it. Since money make the world go round.

burning paper.


Tue, 03/08/2011 - 15:52 | 1030555 Sudden Debt
Sudden Debt's picture




Some things just don't change....

Tue, 03/08/2011 - 16:26 | 1030631 hedgeless_horseman
hedgeless_horseman's picture

I like how Mexico exports unemployment.

Tue, 03/08/2011 - 19:52 | 1031342 rocker
rocker's picture

Don't forget, we export jobs to Mexico too. Hershey foods now makes some of their candy there and sells it here.

Just remember,  "Don't Drink the Water".    Hmmmmmmmm.  What about the candy.   Yummmmmmm.   Not !!!

Tue, 03/08/2011 - 15:54 | 1030557 Internet Tough Guy
Internet Tough Guy's picture

Too bad you threw in the 'false flag' nonsense. Apparently once you descend into paranoia you don't come back. Bon voyage.

Tue, 03/08/2011 - 16:09 | 1030596 WaterWings
WaterWings's picture

Hey, just curious, what other avatars do you have for this site?

Tue, 03/08/2011 - 16:20 | 1030618 serotonindumptruck
serotonindumptruck's picture

I always viewed the expression 'false flag' as being a euphemism for an unknown variable or event. It doesn't necessarily have to be rooted in paranoia. The expression seems to have evolved into an attempt to define the level of fear and uncertainty about the future.

Tue, 03/08/2011 - 15:54 | 1030559 Pants McPants
Pants McPants's picture

Mr. Long's claim that the protests/revolutions are about being people fighting for the right to exist commits the fatal J6P error: namely, ascribing human characteristics to brown people with strange religious habits.

Tue, 03/08/2011 - 17:25 | 1030829 Alienated Serf
Alienated Serf's picture

i love you cookiepuss

Tue, 03/08/2011 - 15:58 | 1030573 newworldorder
newworldorder's picture

Check out the population percentage under 25 in the report. What is going on in the Middle East?

Tue, 03/08/2011 - 16:16 | 1030609 duckduckMOOSE
duckduckMOOSE's picture

High stress and over-population with no resolution makes rats in laboratory experiments copulate frantically while simultaneously attacking each other.

Tue, 03/08/2011 - 16:07 | 1030587 SparkyvonBellagio
SparkyvonBellagio's picture

Everyone Call JG Wentworth





Great ad. Everyone ask for GOLD/SILVER NOW!


Tue, 03/08/2011 - 16:07 | 1030590 nyse
nyse's picture

Gordon has great analysis. His reports are well worth the price, IMO.

Tue, 03/08/2011 - 16:10 | 1030593 trollin4sukrz
trollin4sukrz's picture

food clothing shelter PM and 12 gauge  maybe some water to wash it all down with?

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