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kick that can, bitches
It seems the conclusion is simple.... buy phyiscal and tie that silver band PM a bit tighter around JPM's balls.
jpm is a pig. an itty bitty piggy to be precise. nicki minaj dedicated a song to them;
people who are buying physical gold and silver welcome the pullback in price. it's healthy. when you have a 5, 10, or 20 year time horizon, these pullbacks aare laughable.
what the fuck is this? If that bitch is singing about a short squeeze in silver the top is in for silver.
But now that you're posting again we know it must be a bottom!
bigger dickus is a bottom? do you know what you're saying? this is a respectable board. well, in some circles anyway.
This is amazing. I am scared right now about an economic collpaseas my house is about to foreclose. I am nearly in tears, and stressed.
My friend and I subscribe to the FFT newsletter the guy over at http://forecastfortomorrow.com He predicted the stock market crash, and the US collapse ages ago, and many other things, it is spooky how accuaret he is. and what he says coming next is intresting, he is well worth a look.
Time to prepare was yesterday people!!
Don't you mean,
kick that ameri-can down the road?
I just doubled my physical gold/silver holding could have waited 2 more day but hey -5% isn't all that bad
They are indeed kicking the can. They are waging a war of attrition, but in the end they will be the ones to attrit. Hang on to your physical and we will be the last men (and women) standing.
The pigmen piss in the face and kick shit onto the inflationist again ....
Turd ??? Spritzer ???? Bay of swine ???? Turd .....
You reveal much in this post. Deep down in the recesses of your soul, as portrayed by your avatar, YOU ARE A GOLD BUG AND INFLATIONISTA.
How dare you, well I never ....
Imagine that, everything that had margins raise got crushed today. NO, there's no insider trading/info on the Comex. What a fucking joke that "market" is.
I've done some very interesting research and I'll be posting it later this evening to my blog. I'm extremely confident that the lows for this correction are in sight and that the next 20%+ UPleg will then begin.
My call is officially: $1600 by 6/10/11. I needed two more weeks post Memorial Day to make it accurate.
If it doesn't make it and I'm proven wrong. I'll leave ZH for good, never to be heard from again. When I'm right, will you and the rest of the AGAs leave, instead?
Where would they go? Karl Douchinger's market ticker?
My brother -
Never, ever think of leaving. Some things are " bigger " than the Turd.
Commodities " will " be blowtorched and this will help Uncle Ben.
China is going to start hiking rates every other week and the " slowdown " talk will grow louder & this will be the monkey hammer that takes down most commodities ....
Right, so the Chinese will hike rates every other week, then that must be serious indication of inflation. And all this will happen without serious capital flight from the US, given Ben still lives in wonderland offering a "great" deal of - what - 3.4% on 10 years?
Let me just remind you that the only buyer of US Treasuries is Bernanke. Completely unsustainable.
2008 playbook, beta-tested previously by Japan: crash stocks, crash commodities, call in dollar swaps from overseas etc. Thus engineer another flight to "safety". It works till it doesn't. Sustainable till - who knows when?
No. China built a manufacturing complex that profited off our credit orgy since 1980. And now she needs to become a consumer driven economy, this will not be easy.
After the blow out in 07' she printed like a mother fucker build this, prop'd up that. And she borrowed trillions in yuan at low, low rates. The forex thingy with the dollar is hurting the PBoC & the banks. The consumption in China has been dropping for years. The EU and the USA will not be spending like we did 3-4 years ago and that manufacturing complex is built/needs full capacity. The BRIC's can't take down all the over capacity ...Mike Pettis has been talking about a this slowdown for over a year. No word of this " on the street , yet ".
..........I am often asked, especially by my Peking University students, to list what I think is the sequence of steps China will take to address its economic imbalances. Remember that rebalancing, in the Chinese context, has a very specific definition. It means raising the consumption share of GDP. This is just a way of saying that consumption growth must outpace GDP growth, and over the next few years it inevitably will, if the rest of the world is unable to absorb a rising Chinese trade surplus.
But there are many ways this can happen. The good way is by a surge in consumption growth that allows GDP growth to remain strong. The bad way is for consumption growth to slow, and for GDP growth to slow much more rapidly.
So how will China rebalance? Unfortunately there is no obvious answer. I always tell my students that even if I were smart enough to know the optimal sequence, it would nonetheless be very difficult to make any reasonable prediction since the sequence is not likely to be subject to economic analysis. This is as much or more a political issue as it is economic, for at least two reasons:
I want especially to address this second point. In previous pieces I have discussed four main ways of boosting the household income share of national income. Over the rest of this entry I will try to set out the very different sets of winners and losers under each policy, and suggest how different policies and sets of policies might change the underlying economy.
Finally any entity that is long dollars and short renminbi will lose. The most obvious example is the PBoC, which loses greatly from revaluation. Investors who have stockpiled significant amounts of commodities funded by renminbi borrowing will also lose.
Hey Numb nuts:
NIRP ... ever heard of it ?
Negative interest rate policy, PM's battle has been lost and the ptb are already two steps ahead of you. Get a clue.
Hey fuck face. I'm reposting shit from 4 months ago.
Read a book, next.
I have been talking about the bubble for months ...
"I'd say this is another very important signal that the economic soft patch we were all worried about is pretty much confined to March"- David Seiders, Chief Economist, National Association of Home Builders
Gee wiz, Gold's high was in December - you've been calling for bubbles for 4 months, gold has been down A LITTLE for about a couple of weeks and you're getting all puffy chested? Interesting.
Look at gold since oct 20th. Look at 90% of the miners over the last 3-4 weeks.
Yes I have been talking about china slowdown/commodity monkey hammer for months ....
I'm with ya on the China slowdown -- though I don't think we're in sparse company here. Commodities are the play things of the specs in the short-run, BUT, if you have big visions for CAT, I'm assuming (a dangerous game, I know) that miners and farmers of all stripes can extract and plant profitably -- 'Godfather' Jim seems to be on that path -- else, I don't see the math behind your CAT vision
"Yes I have been talking about china slowdown/commodity monkey hammer for months ...."
Yes, and meanwhile gold and silver reached new highs in spite of your broken record prognostications, and now that they are undergoing a normal correction you are crying "Victory!".
Heh, wow. <golf clap>
i feel privilidged to have sort of walked into a great conversation between some old skool zh fuckers....i don't care what I say...but there is a lot in your post spalding...uh.......thinking......ya the thing about it is......oh ya...hey dude... i post drunk too....lolz.....but who the fuck cares....my point is....china is going to make the same moves that germany did, we did, japan did, skorea did, iran is doing, saudi, etc etc. the infrastructure game, why do u think japanese debt to gdp is 200% duh they're ahead of us in temrs of that bad loan cycle...they gave bad loans like us on worthless ifratstructure and RE and farms, remeber when a big mac in tokyo was like 19 bucks??...the avg age of framers in japan is like 88 man....ok?
so china is going to make and already ism aking the same mistakes.....theyre human liek the rest of us....we just all look a little different....thank fucking god....but i do still have a bit of ...tiny nanometer of fucking hope that the chinese will save us all before the aliens from the galactic council in sirius/pleadis belt have to enforece their mandate. doubt it tho.
waiting for dr ricky w her cap on or whatever her name is....
ok it never hit 130 but that makes my point. duh..
Kamatzu is down 4 1/2 % on China slowdown talk.
Spalding has been pounding this drum for months ...
what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
Good job Spalding. There is a ton to
know about China and Pettis is a good
Raising interests won't do much. It's the dollar peg that's the core of the problem. Same thing with Brazil. They will raise interest rates, but that would barely do anything against inflation. Same thing goes for China. Yuan props up the dollar, so if the Chinese were to allow the Yuan to float, USD will go down, and the Yuan will go up. So capital inflows will be a thing for China to be aware of, but yeah the USD is going down, therefore the Chinese will consume more of the same things Americans consume. Therefore things like commodities, or raw materials will cost more expensive for Americans, and Chinese economy will be more like a Japanese, or German economy where there is a more balanced consumerism, and export economy, and it's highly unlikely that manufacturing base will move back to the USA all of sudden in my view.
That's a ballsy prediction Turd - good luck!
On another note, ZH would be boring without differing viewpoints. Spalding, Wanger, Redneck, and others, all bring opposing views that I find refreshing. I think it's a sign of ignorance to only want to be around people who think and feel the same way regarding a given subject. We all need to question our views and opinions from time to time. Jeez, I even miss Johnny Bravo occasionally.
absolutely true. no one leave, even if wrong. stay and raise the level of debate. better if focus is on attacking arguments not authors, imo.
Well now, that takes all the fun out of it, eh?
Total agreement here. Ad hominem is by far the most prevalent logical fallacy to be encountered on the interwebs, and the most disappointing.
I will admit when I am wrong, or at least wrong-headed in my opinions. There is truly no valid reason to "attack the messenger" via personal insults, especially when exchanging text-based dialogue.
I'd like to think that we can "evolve" beyond the keyboard kommando stage and exchange information with others as if we were speaking face-to-face.
I jus' luv dem hominy grits attacks!
Dun leave dem boys all wide-eyed sayin' "Whassup!?!?"
Cain't have no feelin's ohr tought now, you might be messin' with de' man's plan.
Talk like dat der Benjamin Bernank, He De' Man!
give u 3-2 1600 byjune ain't gonna happen would you take it? :D
Sure, but the bet is to be paid in gold no matter who wins.
"China is going to start hiking rates every other week and the " slowdown " talk will grow louder & this will be the monkey hammer that takes down most commodities..."
Your kiddin right? Trust commies with real capital?...what could possibly go wrong?
In the "old days" perhaps.
What this round of monkeys in the FED and Wall Street don't understand is that this time is not like the last time.
This is not 1982, this is not 1964, this is not your Father's Buick.
You can sell out every business, every job, every retiree and pensioner to prolong the old game but sooner or later the pigeons will come home to roost.
You cannot build an empire on pillars of salt.
The old ways are dying, spectacular as the last two years of folly have been.
Silver trendline off the 2008 low would be down around $23. They pull this shit everytime, if silver gets to $23 it will be a normal correction... In an Abby normal world.
Dear El Hosel,
Last January, Silver had a 4 week sell-off in January. Then it rallied through the spring. This year silver has sold off for the first 3 weeks in January so far. Until silver sells off longer than 4 weeks, I'll consider this a garden-variety sell-off & start bargain hunting.
Just my take. Cheers, Beef
Stop rolling the dice with the the ultimatums Turd. Just contribute - and BTW you do that well.
Here you go. My promise to you:
I agree with the others. Don't leave. Timing is a bitch; ask Jim Sinclair, who should know!
more clashes in Bangladesh...just on BBC
Holy shit, calm down.
Think about this a little during the afterglow of your anti-PM orgasm.
Silver has already blown off considerably, and if it is indeed mostly related to front running this margin hike most of the damage is likely already done.
Futures are flat to slightly up.
But please, by all means, continue to troll away and make yourself look like a retard, lol.
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