• Sprott Money
    04/29/2016 - 05:58
    There is unfortunately no basis for renewed optimism that this current litigation will have any meaningful impact on precious metals manipulation – with respect to either silver or gold.

Marc Faber: "I Think We Are All Doomed"

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Sun, 02/27/2011 - 16:14 | 1002015 akak
akak's picture

I can out tube your tube!

Links to videos are not conversation, just masterbation.

If you have something to say, or a point to make, please make it YOURSELF here, instead of merely posting a link to a video.  I'll be damned if I am going to click on, and then wait to download, every fucking video that some random person tells me that I MUST see.

Sun, 02/27/2011 - 16:35 | 1002053 Quixotic_Not
Quixotic_Not's picture

The Internet is all just a Sea of Noise anyways, Zero Hedge is no exception.

I think real estate in the U.S. may go down another 10% or so, or even 15%, but I am always telling people, if you can buy the piece of land or the house you like, what do you actually care if it does down another 10%?

Sure, go on out & plop 10-20% down on a house with a 30 year contract, hoping you'll be able to make the monthly nut in the face of escalating job losses...great advice! (Especially if you need to remain mobile to chase industry)

Or better yet, take your current store of wealth and buy a piece of .GOV leased land CA$H and volunteer to be a .GOV employee/parasite pension donor...lol!

Then again, with the Fraud St./DoC plan to levitate hyper-inflated RE by pumping liquidity into the stock market and insolvent TBTF banks with the hope of inflating wages (oops, did all that liquidity go into commodity speculation?), I think this game is FAR too early to call...except it appears time for QE3.

Dr. Doom appears to be drunk on his own kool-aid, but then again I too could read the trends until .GOV started changing the rules in 2007 forward (contract law anyone?)

P.S.  Back in the early-mid 90s I subscribed to Don McAlvany, which is now known as the "McAlvany Financial Group", and ol' Don missed two huge investment bubbles shilling Au & NWO for conspir-addicts - I easily got in and out of both bubbles profitably (Dot.Com 1996-1999 & Housing 2001-2005), plowing a most of my profits into Ag 2001-2003, a third long-term trend that ol' Don missed.  He did have a lot of nice End-of-the-World stories in every issue though (-0- of which came true)...

Sun, 02/27/2011 - 17:03 | 1002110 Spalding_Smailes
Spalding_Smailes's picture


Reading Round-Up, 2/27/2011

• Guest-blogging for James Fallows last week, Jeremiah Jenne devoted several of his posts to discussions of protests and the possibility of a “Jasmine Revolution” in China. His columns on this topic include “China: Not Quite a Revolution,” “After Protests, Beijing Cracks Down,” and “In China, Droughts Bring the Crazy.” Jenne also provided on-the-spot reporting today from Wangfujing in Beijing, the site of a planned protest that was primarily attended by security forces and foreign journalists.

• Tom Lasseter of McClatchy Newspapers writes at his “China Rises” blog of the juxtaposition of the crackdown on protests with the message of an online forum held Sunday morning by Wen Jiabao:

Chinese Premier Wen Jiabao on Sunday held an online forum in which he promised to focus on making the lives of ordinary people in China more comfortable and secure.

Just a few hours later, thousands of Chinese police deployed in Beijing, Shanghai and other cities to clamp down on public gatherings after a second week of overseas Internet-based calls for protests across the country.

The combination of Wen’s comments about government efforts to raise living standards, accompanied by a display of China’s police state tactics aimed at squelching dissent, neatly laid out in one day’s time the Chinese Communist Party’s approach toward avoiding the kind of unrest seen across the Arab world.

In the morning, Wen pushed the official position of more stability and prosperity through one party rule. And in the afternoon, security personnel swarmed public spaces to be sure nobody suggested otherwise.


• At Miller-McCune, Jeff Wasserstrom writes about “Media and Revolution 2.0: From Tiananmen to Tahrir”:

Have the latest advances in communication technology radically altered the fundamental dynamics of struggles for change in authoritarian settings? Or have cell phones and social media merely brought about small shifts in the dynamics of revolution? Is the Web a godsend to those trapped in oppressive states, as Nobel Laureate Liu Xiaobo suggests in his essay “The Internet is God’s Gift to China”? Or does this thinking give in to a form of “cyber-utopianism” that glosses over the potential of new media to be used by autocrats, their propaganda ministries and security forces to massage public opinion, keep tabs on dissidents and ensure that populations stay docile and distracted, as Evgeny Morozov argues in The Net Delusion: The Dark Side of Internet Freedom?



Sun, 02/27/2011 - 19:53 | 1002441 JonNadler
JonNadler's picture

from gold basher to what now? a serious thinker?

Sun, 02/27/2011 - 20:28 | 1002474 Spalding_Smailes
Spalding_Smailes's picture

Always have been. 

My gold bashing preceded a what, 10-13 percent drop & 25% in paper miners, etf's. Not bad.

The pom-pom waving miner euphoria after silver first crossed $30 and the JPMorge/Bears bullshit first came about, Turd and everyone else calling for 1,650 soon after, Silver over $45 in months ect ....

Just like I toss out 25-30% stock run's like candy. ( who else on ZH calls um' before the move ??? )



A few more KELYA, CREE, TTWO ....

Also look for big news from CAT soon .............. not big issue long term but stock moving news.



Sun, 02/27/2011 - 20:29 | 1002505 tmosley
tmosley's picture

Lest you forget, it also preceded the 100% rise before that.


Sun, 02/27/2011 - 20:37 | 1002512 Spalding_Smailes
Spalding_Smailes's picture

I thought you were done responding to Spalding you dumb fuck.


The only guys called gold early was Rogers and EJ from Itulip.


Go run along and post on the other 12 blogs you whore yourself on pimping gold, you tool


Everyone can search " TMosley gold " and find your rants, big fucking deal after the run had already started for 5-6 years.

Sun, 02/27/2011 - 20:38 | 1002522 akak
akak's picture

You are absolutely correct Spalding, tmosely is, unlike you, just a tool.

Tool: something which has a function, and serves a useful purpose.

Sun, 02/27/2011 - 20:42 | 1002530 Spalding_Smailes
Spalding_Smailes's picture

Your another fuck with nothing insightful, run along.

Focus on point, has Spading been spot fucking on for months on end, yup.


You fools still can't get past dollar denominated debt ( no answer, just personal attacks and junks ) study it .....

Sun, 02/27/2011 - 20:49 | 1002538 akak
akak's picture

More mindless prattle from Balding_Snails.

I have yet to see you post one intelligent, on-point or thoughtful comment here, you microcephalic wannabe.

Sun, 02/27/2011 - 20:53 | 1002545 Spalding_Smailes
Spalding_Smailes's picture

Over 15-20 stocks with 25-35% runs beforehand are you for real ???? This is not just a doomer/gold whore site !!!! 


Give me 5 stocks for the next 3 weeks, i'll post 5. Loser never post again on ZH.


Got Ball'z ?

Sun, 02/27/2011 - 21:06 | 1002570 akak
akak's picture

Sorry, if you actually made any legitimate calls here before, they must have been lost in the flood of lengthy, irrelevant and mindless drivel you routinely post here.  Forgive me if I refuse to go searching for the handful of diamonds in amongst the acres of excrement.

You are an exceedingly annoying jerk, did anyone ever tell you that?

Sun, 02/27/2011 - 21:12 | 1002582 Spalding_Smailes
Spalding_Smailes's picture

Another side step. Can you fucking read.


Can you respond to anything in my first or any post and challenge it, nope.No answer for dollar denominated debt because it crushes all the anti dollar/USA doomer talk ............

More off topic bullshit.

Sun, 02/27/2011 - 21:24 | 1002597 akak
akak's picture

I don't know what you are talking about regarding dollar denominated debt and "anti dollar/doomer talk", but you certainly have a knack for babbling to no effect. 

You strike me as a borderline idiot savant, with emphasis on the "idiot".

Sun, 02/27/2011 - 22:02 | 1002707 Spalding_Smailes
Spalding_Smailes's picture

I don't know what you are talking about regarding dollar denominated debt


Exactly. Thats why you should log out and shut the fuck up, and type dollar denominated debt into google and study the first 20 pages that pop up, then you will have a clue.

Sun, 02/27/2011 - 22:15 | 1002754 tmosley
tmosley's picture

You have exceedingly poor communication skills.  

Here's a hint: when no-one can tell what the fuck you are talking about, it isn't because you are so smart.

Tue, 03/01/2011 - 19:49 | 1009437 tj3
tj3's picture

How thin can this thing go?

Tue, 03/01/2011 - 19:52 | 1009448 tj3
tj3's picture


Tue, 03/01/2011 - 19:53 | 1009452 tj3
tj3's picture


Tue, 03/01/2011 - 19:55 | 1009456 tj3
tj3's picture

"Forgive me if I refuse to go searching for the handful of diamonds in amongst the acres of excrement."

Tue, 03/01/2011 - 19:57 | 1009464 tj3
tj3's picture

well played serf well played

Tue, 03/01/2011 - 20:08 | 1009491 tj3
tj3's picture

fuckin a right man

"Marc is missing some key points about real estate:

First is that prices aren't just tied to the amount of money the government prints, as he believes. It's tied to how much of that money winds up in the hands of potential buyers. And that is the crux: little to none of Fed trillions is going from banks and Wall Street in to the general economy. And even rising stock portfolios can't keep up with the rising cost of actually owning and maintaining a home. The Fed is feeding the trend to offshore jobs. Declining real incomes, available jobs and advancement opportunities, the high cost of educational debt, reduced anticipated retirement funds, and a huge increase in the general cost of living and the cost of home ownership all conspire to keep people out of real estate. Bottom line: current prices don't match up with what most people can afford. Even if they have capital the rising cost of home ownership poses a huge cash flow problem. In this climate, nobody can afford to be cash flow negative. More debt won't help in this situation. Add in aging demographics and you have a perfect storm. That's what's driving the current push to rent and build rental housing."

Tue, 03/01/2011 - 21:16 | 1009699 tj3
tj3's picture


Tue, 03/01/2011 - 21:16 | 1009703 tj3
tj3's picture

From Noyce:

  • The S&P has so far done the absolute minimum correction, in terms of it has tested the uptrend from the August ‘10 lows at 1,300
  • However, as discussed in a number of updates and client meetings over the last couple of weeks, the thing which “concerns” us in terms of it being a warning of a larger move is the fact that the market has been above the 55-dma for such an extreme period on a daily close basis.
  • With Wednesday’s close above the market having spent 123 consecutive daily sessions above this particular moving average (it hasn’t made a daily close below since 1st September ‘10). This is very extreme by historic standards and takes the S&P to a greater period above its 55-dma than that which equity markets in other regions (particularly Asia) managed before they began to correct over recent weeks.
  • The other notable point about the recent price action is the extreme move seen on Monday where the market posted its largest one-day %age decline since the recent rally began in earnest on 27th August ‘10.
  • In terms of levels from here;
    • The uptrend from the 27th August low’s at 1,300
    • A similar size correction to that which took place from the 5th November high to the 16th November low (in point terms) would target 1,290
    • The 55-dma stands at 1,284
  • In conclusion we’re by no means making an argument for a real “downtrend” in equities to begin, it’s too early to make that type of statement, but, the risks of a larger correction developing do seem quite high.
Sun, 02/27/2011 - 22:30 | 1002794 Alienated Serf
Alienated Serf's picture


"Forgive me if I refuse to go searching for the handful of diamonds in amongst the acres of excrement."

Sun, 02/27/2011 - 21:06 | 1002571 JonNadler
JonNadler's picture

so gold and silver have both been climbing, silver doubled in a matter of months, you were bashing both PMs but now you were right?


If I weren't JonNadler, by the arrogance I would say YOU are JonNadler

Sun, 02/27/2011 - 21:19 | 1002600 Spalding_Smailes
Spalding_Smailes's picture

Who else tosses out 30% stock run's on ZH ??? 

Sun, 02/27/2011 - 22:00 | 1002695 Bay of Pigs
Bay of Pigs's picture

Why don't you answer his question? Clearly you were wrong on gold/silver. 

Jon, maybe you could put a muzzle on this douchebag. 

Sun, 02/27/2011 - 22:04 | 1002712 Spalding_Smailes
Spalding_Smailes's picture

Bay of Swine. Another tool. I've slapped you around enough. No time for your punk ass.


Sun, 02/27/2011 - 22:12 | 1002739 tmosley
tmosley's picture

I think you've got plenty of time, what with Chicago's record breaking unemployment KILLING the market for furniture delivery.

Lie to us some more, and tell us that the amount of money you made on your best week ever was average.

Sun, 02/27/2011 - 22:27 | 1002782 Spalding_Smailes
Spalding_Smailes's picture

Look up Merchandise Mart and see if the high end furniture boutiques  are moving product.


Your the troll, i've called you out with proof. Spaldings never posted on another site.


Go back to trolling around the web. What a total loser, Paul's site ... BWAHHAAAAAAAAAA WWWWWWahhaaaa whew, what a total fuck you are.

Sun, 02/27/2011 - 22:41 | 1002823 tmosley
tmosley's picture

With a name like "Merchandise Mart", you know it's high class.

Here's a hint, idiot:  people pay maybe $50 for delivery.

Spaldings never posted on another site.

What does posting on another site have to do with anything?  Are you married to ZH?  Did you drive up to Vermont with Tyler and Marla, and let them both fuck you roughly in the ass?

Christ, you are just too stupid for words.  No wonder you have never advanced your station beyond that of delivery boy.

Sun, 02/27/2011 - 23:00 | 1002841 Spalding_Smailes
Spalding_Smailes's picture

$75 dollars within Chicago ( account has 5-6 a week ) short run's, the rest ( 5 a week ) going out to Elk Grove Village, the largest industrial park in the USA, next to one of the busiest airports in the world. Chicago, trucking/ shipping hub in the largest economy in the world.

And your asking Spalding why he would start a trucking company. Look at Turd, he calls for a dollar crash / implosion but yet he just started a ice cream shop, or is that stupid also. Your dead wrong. The USA is going on a 10 year bull run.

Your a gold troll.

Please never respond to my post like you said before & I will do the same for you.

Sun, 02/27/2011 - 23:00 | 1002858 akak
akak's picture


And while you are thus engaged, please link together some of those lonely neurons in your brain, so that you might be able to post a coherent comment one of these days.

Mon, 02/28/2011 - 00:21 | 1003008 Spalding_Smailes
Spalding_Smailes's picture


The Merchandise Mart is the world’s largest commercial building, wholesale design center and one of Chicago’s premier international business locations. Encompassing 4.2 million gross square feet, The Mart spans two city blocks and rises 25 stories.

The Merchandise Mart became the world's largest LEED-EB (Leadership in Energy and Environmental and Design for Existing Buildings) certified building in November 2007. LEED ® certification is the nationally accepted benchmark for design, construction and operation of high performance green buildings and is awarded by the U.S. Green Building Council (USGBC).

Today, The Merchandise Mart welcomes more than three million visitors each year to its retail shops, LuxeHome® boutiques, 11 floors of permanent showrooms for gift, residential, casual and contract furnishings, 10 floors of office space, dozens of trade shows and a variety of special educational, community and consumer events.

The epicenter for high design and luxury goods, The Merchandise Mart is located in the heart of a city that is home to prestigious fine art institutions, world-class museums, award-winning architecture, professional entertainment venues and diverse restaurant offerings.  The Merchandise Mart is a short, leisurely walk to the famous Magnificent Mile, where exclusive shops and four-star hotels bustle with activity from the Tribune Tower to North Avenue Beach.  Also nearby is Millennium Park, Chicago’s newest architectural landmark featuring celebrated public art works and breathtaking views of both the lakefront and the skyline.





Sun, 02/27/2011 - 23:06 | 1002869 JonNadler
JonNadler's picture

what did i tell you, when you can't answer just turn to insolence

Sun, 02/27/2011 - 21:41 | 1002643 tmosley
tmosley's picture

Are you dense?  Are you fucking retarded?

He's the god-damned Gold Bug.

Why the fuck would he want to pick some bullshit manipulated equities?  People like akak and myself DON'T FUCKING BUY STOCKS, YOU BLITHERING MORON.  We have physical gold and physical silver.

You might pick five stocks that get lucky.  Pick me a sector that outperforms silver or commodities.  It shouldn't really matter to you anyways, since there is no such thing as alpha anymore.

Sun, 02/27/2011 - 21:59 | 1002693 Spalding_Smailes
Spalding_Smailes's picture

You whored miners on Seeking Alpha 2 years ago , bitch. You AKAK two fuck's ....

Sun, 02/27/2011 - 22:07 | 1002727 tmosley
tmosley's picture

How DARE I double my money in miners!

How DARE I tell everyone that I got out of them because the market looked manipulated!  How DARE I warn everyone to stay away from them since!  How DARE I be right about them, as they have gone nowhere since!

Go deliver someone's dinette set, delivery boy.

Sun, 02/27/2011 - 22:56 | 1002849 akak
akak's picture

Go deliver someone's dinette set, delivery boy.

I almost spit out some very good New Zealand sauvignon blanc with that one!

This Balding_Snails is really too stupid and obtuse for words.

You're always OK in my book, tmosely.  Just don't let the trolls like him get to you too much --- as I have learned the hard way not to do myself.

Sun, 02/27/2011 - 21:07 | 1002575 JonNadler
JonNadler's picture

When you lose the argument just throw some insolence around!


That's my boy!

Sun, 02/27/2011 - 21:17 | 1002591 Quixotic_Not
Quixotic_Not's picture

Pssss...the Bernank's game is a little more complicated now with QE 1 & 2 et al., FAR too many wild cards thrown trying to stabilize "dollar denominated debt".

Throw in some geo-political destabilization, and that debt may not ever be repaid!

Just sayin'...

Sun, 02/27/2011 - 21:24 | 1002614 Spalding_Smailes
Spalding_Smailes's picture

Your right my friend about the middle east, who knows if its a black swan or if something big starts in the house of Saud, China.


But dollar denominated debt insures a dollar orgy for a long, long time. The global Central Banks, and the banking systems around the globe are hit wired into this global web, they can't change the game without a total global reset, total impossible. And if we have a reset or a shared basket in 20 years the USA will still be 50% of said basket.

Sun, 02/27/2011 - 21:31 | 1002634 Quixotic_Not
Quixotic_Not's picture

I certainly hope you're right about dollar dominance, as I'm completely liquid in dollar denominated debt since 2007 (aside from my long-term Ag insurance store), when I went short-term T-Direct, but lately I've becoming more & more concerned things won't turn out so well for king dollar...

I'd hate to pull my ca$h and plow it into hard assets or another business venture too early, and I'm starting to lose my nerve!

Truly caught between a rock & a real hard place :-(

Mon, 02/28/2011 - 01:04 | 1003097 schoolsout
schoolsout's picture

for fuck's sake





Mon, 02/28/2011 - 03:19 | 1003311 FeralSerf
FeralSerf's picture

Easy -- that's how we tell they're stupid.

Mon, 02/28/2011 - 10:57 | 1003670 Chump
Chump's picture

How incredibly myopic!  $-denominated debt is what has allowed us just to get this far.  What you call "a dollar orgy for a long, long time" is more practically described as "roughly 5 trillion printed and funnelled over 2ish years."  Boom, done.  And now we hang by a thread at the mercy of any random collection of brownish foreigners who happen to have the temerity to, you know, impose their own government.  Fucking ingrates.

Do you not see that our recent "dollar orgy" has turned relatively meaningless non-events into a dreaded *gasp* black swan??  This is what happens when you go all-in on sovereign debt.  One hiccup and you're back to plowing fields with a mule.  All the CBs are hammer-jacked, so it doesn't look good for us.

Sun, 02/27/2011 - 21:19 | 1002604 tmosley
tmosley's picture

Awww, did I make you angwy?

Who gives a fuck who was the first to call gold?  You've been down on gold and silver the whole way up.  That's ten years of losses, and here you are pretending like you called the latest pullback.  You are the DEFINITION of a broken clock.

I don't know what the fuck you are talking about.  I haven't posted on SA in months, and I hardly post at all on RPF.  I don't post ANYWHERE else about gold, and never really have.  

LOL, BFD, right.  Silver, which I have encouraged EVERYONE to own, is up nearly fourfold from when I first started "pimping" it.  Anyone who has listened to you is now bankrupt.

Why do you even bother?  Wrong is wrong is wrong, and you have been nothing but.  Just shut up.

Do NOT follow this link or you will be banned from the site!