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Marc Faber: "I Think We Are All Doomed"

Tyler Durden's picture


All who enjoy hearing a meaty Marc Faber fire and brimstone sermon, that cuts through the bullshit, will be happy to know that the Gloom, Boom and Doom author conducted a 40 minute interview with the McAlvany Financial Group, which covers all the usual suspects: gold, silver, precious and industrial metals, the "crack up boom", the future of the Ponzi and capital markets in general and much more. Of course, it wouldn't be a Faber interview without the requisite soundbite: "I think we are all doomed. I think what will happen is that we are in the midst of a kind of a
crack-up boom that is not sustainable, that eventually the economy will
deteriorate, that there will be more money-printing, and then you have
inflation, and a poor economy, an extreme form of stagflation, and,
eventually, in that situation, countries go to war, and, as a whole,
derivatives, the market, and everything will collapse, and like a
computer when it crashes, you will have to reboot it
." Of course, on a long enough timeline...

Key extract from the Faber speech:

I think we are all doomed.  I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will deteriorate, that there will be more money-printing, and then you have inflation, and a poor economy, an extreme form of stagflation, and, eventually, in that situation, countries go to war, and, as a whole, derivatives, the market, and everything will collapse, and like a computer when it crashes, you will have to reboot it.

For the investor, the question is: How do I navigate through this complete disaster that is going to unfold?  And I think if you look at different asset classes – real estate, equities, bonds, cash, precious metals – I suppose that you have to be diversified.  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%?  If everything I bought in my life had only gone down 10-15%, I would be very rich, because a lot of things became worthless, especially loans to friends, and bonds, and so forth.

Look at the history, for example, of Germany, for the last 100 years.  They had World War I.  They had the hyper-inflation in World War II.  The bond-holders got wiped out three times.  If you owned Siemens, and you still own Siemens today, it was not a fantastic investment, but at least you still have something.  You were not wiped out.  I think that in equities you will be better off because you have an ownership in a company, than by being the lenders to companies, and the lenders, especially, to governments.

Faber on the key distinction between nominal and real, which nobody on CNBC seems to grasp yet, why gold now is cheaper than it was in 1999, and on the Dow and gold reaching parity.

In a money-printing environment, it is very difficult to know what is actually cheap and what is expensive.  Is the price of wheat high, or is it low?  Inflation-adjusted, it is extremely low.  In nominal terms, it is relatively high.  I believe that, in March 2009 when the S&P was at 666, the market was actually much cheaper than is generally perceived, because of the money-printing, and I do not anticipate that we will see 666 on the S&P again, in nominal terms.

In other words, they are going to print so much money that the S&P could be at, perhaps, 2000, but in real terms, it could be down below the lows of March 6, 2009.  Maybe in gold terms, we could one day reach a ratio of Dow Jones to gold of 1-to-1, as we were in 1980.  In other words, the Dow could be perhaps at 10,000 or 12,000, and gold could be at the same level.

That is why I am advising people to accumulate gold.  Can gold have a correction?  Yes, there has been a little bit too much euphoria about gold, and we may have a correction, but I do not think we are in a bubble in the price of gold.  In fact, I could make a case that gold, at this level of $1400 an ounce, is cheaper than in 1999, when I look at the unfunded liability growth of the U.S., at the credit growth of the U.S., and at the household growth, and at the money printing, and at all the wealth creation that happens in China and Russia.

Full interview:


(complete PDF transcript)



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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!

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.

Sun, 02/27/2011 - 21:53 | 1002647 Spalding_Smailes
Spalding_Smailes's picture

You fucking troll. Go back on business insider,seeking alpha, ect .......

You even troll on Ron Paul's site LOL, your such a fuck, run along boy. Get me my drink boy, pick up that trash boy ...


Unlike your relatives Spalding lands a $1500 a week account at the Merchandise Mart moving custom/high end furniture. Meeting with more vendors on Friday at the Mart' also. Your country bumkin kin that could not survive as an o/o ... Lol'


Spalding can't make an o/o business work in the #1 trucking hub in the USA with all his contacts !! Lol'

How much money you think I'm making my high rolling friends if I toss out picks on the web ??? Answer, fucking ton's. All will be payed back when I start a fund after I get $100,000 grand for trading.

Sun, 02/27/2011 - 21:52 | 1002672 tmosley
tmosley's picture

You don't even know what you're talking about.  I've never even been to "Business Insider".

Cut and paste loser.  Why don't you go lose some more purchasing power?

Sun, 02/27/2011 - 21:57 | 1002684 Spalding_Smailes
Spalding_Smailes's picture

I'll find it.


How about Ron Paul you bum'  ... 5,000 post you fucking troll.


Join Date
Jan 2008

Sun, 02/27/2011 - 22:01 | 1002697 tmosley
tmosley's picture

Look at when my last post was, you idiot.

Also, you replied to my post before I noticed your edit.  You shouldn't have said anything to remind me that you were a delivery boy, delivery boy.

This idiot owns a 20' delivery van, and delivers furniture for a friend in the Chicago area.  Christ, what a moron.  Anyone taking investing advice from this guy should have their head examined.

Sun, 02/27/2011 - 22:06 | 1002724 Spalding_Smailes
Spalding_Smailes's picture

Another sidestep. 


5,000 post in 3 years. GET A FUCKING JOB. 

Sun, 02/27/2011 - 22:09 | 1002732 tmosley
tmosley's picture

4.5 posts per day.  SOOOOO time consuming.

Go deliver an ottoman.  Maybe you'll get a $5 tip!

Sun, 02/27/2011 - 22:19 | 1002755 Spalding_Smailes
Spalding_Smailes's picture

Lol'''' more off topic shit. 

You bum. Get my paper boy. Pick up that trash, boy.


Spalding is dumb to start a trucking businesses when his friend owns one of the biggest manufacturing businesses in the tri-state area. ? Oh o.k. ( this is why I front ran the booming manufacturing numbers coming out  of Chicago three months early as I got pounded for buying/calling US Steel.

Your post are all hot air, bitch, nothing ....'

Ill be out after I get my $100,000 and I let you know when the fund launches, I'll find your candy ass somewhere, book it.


I already have 3 people matching my $100,000, I do not want handout from family or the investors, I'll get mine.

Sun, 02/27/2011 - 22:22 | 1002772 tmosley
tmosley's picture

lol, you are claiming that you make more than American truck drivers in Iraq (  You are out of your mind boy.  I know lots of truckers, as some members of my family USED to be in the business.  NO ONE brings home $1500 a week on a consistent basis, not unless you are delivering nuclear weapons or some such.  

Face it, you are a little liar with delusions of grandeur.

Mon, 02/28/2011 - 00:29 | 1003034 Bananamerican
Bananamerican's picture











Sun, 02/27/2011 - 22:24 | 1002776 asdasmos
asdasmos's picture

Hey Spalding, just going to side step this for a second. I am curious to know what your background of this knowledge is.

If they are books outside of school, could you name a couple for me. I need more reading material.



Sun, 02/27/2011 - 22:48 | 1002822 Spalding_Smailes
Spalding_Smailes's picture


I fucked up, did not study much until after school ..... Family had cash, I thought life was a cake walk. pony for my 10th birthday ect, not good.

As I posted before I tossed out my t.v 11 years ago. I read books 20%-30% of the time, the web for the rest.

Books in my stash, the Bible, John Kenneth Galbrath- Culture of Contentment, Adam Smith - Money Game,Todd Buchholz - New Ideas From Dead Economist, Bill Bonner - Empire of Debt, Adam Smith - Wealth of Nations, McConnell Brue - Microeconomics - #14, Steven Levitt - Freakonomics, Jonathan Beaty - The Outlaw Bank, Charles Morris - Trillion Dollar Meltdown, Bejamin Graham - The Intelligent Investor, Robert Bork - Slouching Toward Gomorrah, John Perkins - Confessions of an Economic Hit Man, James Stewart - Den of Thieves , Milton Friedman - Money, Mischief, Edward Altman - Handbook of Financial Markets and Institutions , Jane Kamensky - The Exchange Artist, Milton Friedman - Capitalism and Freedom, ect .....  I have a few hundred but some at my brothers house ,storage, my friends have a few.


How's that ?


Sun, 02/27/2011 - 22:53 | 1002846 asdasmos
asdasmos's picture

Thanks, have read some of these..... will check some of the others as well. (I'll skip the bible)


Not sure if you have seen these, but I will recommend them since they are not listed.

Common Stocks and Uncommon Profits - Philip A. Fisher

Market Wizards: Interviews with Top Traders - Jack D. Schwager

Reminiscences of a Stock Operator - Edwin Lefèvre

Sun, 02/27/2011 - 23:13 | 1002883 Spalding_Smailes
Spalding_Smailes's picture

Thanks for the books.

Mon, 02/28/2011 - 01:25 | 1003152 Dave
Dave's picture

How could you have missed "Go Go Girls of the Apocalypse"?

Sun, 02/27/2011 - 23:09 | 1002875 JonNadler
JonNadler's picture


why don't just pull the plug on this clown?

Sun, 02/27/2011 - 23:18 | 1002885 Spalding_Smailes
Spalding_Smailes's picture

Who the fuck are you ? Calling for Tyler like a Bitch. Help Tyler, help, bla, bla, bla .... It's the fight club. Read a fucking book or something, you just post for laughs ... A troll.



Look at your act ... 90% of your post are a total waste, no insight on anything, just fucking mindless bullshit.

Your a clown.

Sun, 02/27/2011 - 23:22 | 1002904 akak
akak's picture

Your a clown.

I rest my case --- idiot savant, and very marginal on the savant.

Mon, 02/28/2011 - 07:21 | 1003390 GetZeeGold
GetZeeGold's picture


From gold basher to intellectual.....just like that bitchez.



Sun, 02/27/2011 - 17:17 | 1002141 morph
morph's picture

Surely his point is that your house should be a home, and that you should buy a house you can afford whilst not worrying if it drop 20% in value. If you are that worried about it falling in price then you are going beyond your means.

Sun, 02/27/2011 - 21:49 | 1002642 Quixotic_Not
Quixotic_Not's picture

Psss...more worried about regional political/economic downturns and being locked into a piece of THAT dirt, and if you're one of the knife catchers hopiated in a still pumped bubble area, like say err...the People's Republik of Kalifornia, you're completely screwed with the surety of up to a 50% drop additional (when looking at realistic RE prices based on income).

Sun, 02/27/2011 - 21:42 | 1002644 captain_menace
captain_menace's picture


That was my understanding too.

Sun, 02/27/2011 - 18:47 | 1002328 Caviar Emptor
Caviar Emptor's picture

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. 


Sun, 02/27/2011 - 20:12 | 1002469 twotraps
twotraps's picture

+1, well said.  The Fed carries on like they've been here before, likes its all a matter of doing the right thing at the right time....please.  Is it a miracle there have not been more flash crashes?  I don't have the answers, just very concerned about where the larger elephant of global cash will lurch next.  Maybe we just stay long stocks and forget it.  Maybe the US declares a bank holiday and everyone takes a 25% haircut by tuesday morning.

Sun, 02/27/2011 - 20:47 | 1002541 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Caviar, you nailed it on the head. The gov't is printing money, but it is NOT reaching the real economy. It is ending up in speculation like stocks and commodities. The commodities spike is going to destroy the real economy bringing on deflation as everyone starts defualting on their debts.

Mon, 02/28/2011 - 01:29 | 1003158 Dave
Dave's picture

Perhaps that is the plan.

Sun, 02/27/2011 - 22:14 | 1002748 Oracle of Kypseli
Oracle of Kypseli's picture

One more problem is that the taxes and the upkeep are disproportionate to the reduced prices. Even if you pay cash for one, you are still have to dish out fees, taxes, insurance and maintenance. It's still better to rent. I don't see taxes coming down to match the reduced prices any time soon.

Mon, 02/28/2011 - 01:41 | 1003184 Caviar Emptor
Caviar Emptor's picture


Mon, 02/28/2011 - 11:09 | 1003704 Chump
Chump's picture

I don't think renting vs. owning is a purely mathematical decision.  While you're entirely correct that homeowners still essentially pay rent, there's also something to be said for not being at the immediate mercy of a landlord who may have happened on bad times as well.

Sun, 02/27/2011 - 21:25 | 1002617 WilliamShatner
WilliamShatner's picture

I think his son Dave is a bit smarter and more geo-politically astute than old Don is in his fading years. 

Like Bob Prechter, his predictions are getting less accurate as he grows older.

Sun, 02/27/2011 - 21:25 | 1002618 Quixotic_Not
Quixotic_Not's picture

Wow, must be a bunch of McAlvany Intelligence report listeners out there, or a bunch of RE knife catchers pissed at me telling truth about the direction of jobs, housing and the economy...look at all the junks I got!  ROFL

For all you those out there scared to death about the "new normal" you've voted for when you consented to (D) & (R) Oligarchy, please take another hit of Hopium and go back to your favorite form of mind-numbing entertainment  ;-)

Mon, 02/28/2011 - 11:25 | 1003761 RKDS
RKDS's picture

The prospect of having to move to chase jobs all over the country keeps me awake at night far more often than I'd like.

Sun, 02/27/2011 - 23:08 | 1002872 mophead
mophead's picture

"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)"

He said, "if you can buy the peice of land or the house you like".

Sun, 02/27/2011 - 17:04 | 1002120 JW n FL
JW n FL's picture
by akak
on Sun, 02/27/2011 - 15:14


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.


Get DSL you cheap skate!!! and it will be an non-issue...

besides, he posted his Doomed video... which was funny... then I posted an everybody's free video (cover) that was over the top... it was for fun, for laughter... not to be serious, I am fucking serious enough... I am allowed to take a break... you look at your comments, then mine... like I said, I can take a break.

Sun, 02/27/2011 - 17:29 | 1002162 akak
akak's picture

DSL is not available in all parts of the world, or even the USA, you know.

Sun, 02/27/2011 - 17:48 | 1002177 Oh regional Indian
Oh regional Indian's picture

akak, on 2.5G (mobile) dial-up here, I feel the youtube pain.

To the topic, prognostications such as these (Faber's) always make me think about finance and technology as quite a chicken and egg thing. Who birthed the run-away metastasis that is current technology and current finance. Their mutually parasitic and beneficial relationships should be clear enough to one and all.

Hu made who?

And what will take it down? A butlerian jihad or a proletariat jihad?

Because it's all going down, for sure.


Sun, 02/27/2011 - 18:14 | 1002251 RafterManFMJ
RafterManFMJ's picture

Dunno. DSL is genetic, or a woman can have fat transfer or Restylane injections.  Pretty much found all over the planet.

Sun, 02/27/2011 - 18:18 | 1002262 akak
akak's picture

Yes, it can be found all over the planet, but not in EVERY PART of the planet!

Those who live in urban megalopoli always seem to assume that EVERYONE, everywhere, lives and can live just like them.

Sun, 02/27/2011 - 20:08 | 1002463 robobbob
robobbob's picture

consider yourself fortunate to be able to live outside of the doomed Necropolises.

eventually, only those with special permits will be afforded such luxury.

Sun, 02/27/2011 - 20:48 | 1002543 Hedge Jobs
Hedge Jobs's picture

are you guys for real? no broadband, no DSL? what part of the planet do you live in? a fucking cave!

Sun, 02/27/2011 - 20:50 | 1002547 akak
akak's picture

Are YOU for real?

Why does everyone who lives in a city assume that EVERYONE else does as well?

Stop being a center-thinker.

Mon, 02/28/2011 - 11:32 | 1003777 RKDS
RKDS's picture

When many municipalities sell monopoly rights to one provider or another, it's quite possible to not have either service without being relagated to living in a cave.  I don't know what you do for a living but $100 per month every month for years on end is alot of money to many people.  If DSL wasn't available here (and technically, it's not, because after the CenturyTel/Embarq merger my address comes up as unavailable), I couldn't afford Comcast, period.

Sun, 02/27/2011 - 21:19 | 1002599 New_Meat
New_Meat's picture


"Those who live in urban megalopoli always seem to assume that EVERYONE, everywhere, lives and can live just like them."

Well, yes, assumptions are the mother or all ...

Let 'em assume.

- Ned

Mon, 02/28/2011 - 07:56 | 1003398 creviceCaress
creviceCaress's picture



right on

compromise, britches!





avg youtube vid(2-5min)upload- 7-11min

avg connect failures - 5-6x/day

avg 24+hr failure - 1-2x/mo

avg auto traffic on my road - 3-5 cars a day

nearest stoplight - 35 miles

ability to step into my backyard naked to piss w/o anyone remotely close -100%


we build cities to keep people who like cities from infecting the countryside

Mon, 02/28/2011 - 01:35 | 1003172 Dave
Dave's picture

Not where I live. No DSL, no cable either. I had to spring for satellite internet and that's barely fast enough. Can't stream video on it.

Sun, 02/27/2011 - 18:41 | 1002320 tmosley
tmosley's picture

I feel your pain.  I have to fork out $400 a month for a T1 to get decent speed in my area, which is JUST outside the reach of no less than three wireless internet providers, one of which worked for me perfectly well for years, but was never able to get a signal on my property again after my house burned down a couple of years ago.

Sun, 02/27/2011 - 17:04 | 1002122 dark pools of soros
dark pools of soros's picture

no broadband??  do you know the Slowskys?

Sun, 02/27/2011 - 18:57 | 1002351 DosZap
DosZap's picture

Sometimes you just have see it yourself, and if you do not like links, pass them by.

No one is making you read shit.

Sun, 02/27/2011 - 19:51 | 1002436 Saxxon
Saxxon's picture

+1 akak.  Ad tedium...

Sun, 02/27/2011 - 16:30 | 1002043 G-R-U-N-T
G-R-U-N-T's picture

Lindsey Williams former bush pilot and Chaplin that worked as a liaison between oil execs. and oil workers. He has some predictions that confirm the inevitable. Here's a link with information to pull some of his most recent insider information and it's quite disturbing.

Sun, 02/27/2011 - 16:30 | 1002051 Michael
Michael's picture

I just thank God the USA is so completely bankrupt, we don't have anymore money to pay for more war.

That was my plan all along.

Sun, 02/27/2011 - 16:47 | 1002092 Canucklehead
Canucklehead's picture

You shouldn't be so worried about war.  Odds are that if you get involved in one, you won't last long.

Relax.  I think your constant beating of the war drums is getting Akak agitated.

Sun, 02/27/2011 - 16:51 | 1002101 akak
akak's picture

What's that you say, Canucklehead?

Sorry, can't hear you over the incessant drumbeat coming out of Washington and the Neocon thinktanks (sic).

Sun, 02/27/2011 - 17:53 | 1002195 sun tzu
sun tzu's picture

0bumbles has been running the show for 2 years now. Any change yet or is he really a neocon in disguise?

Sun, 02/27/2011 - 18:26 | 1002269 akak
akak's picture

Oh, he uses a disguise?

You're not talking about that little bit of extra melanin that he sports, are you?  That's just camoflage.

Sun, 02/27/2011 - 22:09 | 1002728 Canucklehead
Canucklehead's picture

... Neo Con or Neo Liberal... oh to make a choice that defines one for the rest of their life.

Why do you worry about these labels?  I would have thought you understood the "game winning strategy" was any advertising phrase that ends with the words:

... here, hold this...


Sun, 02/27/2011 - 19:43 | 1002417 cranky-old-geezer
cranky-old-geezer's picture

Seems Bernokio isn't following your plan.  With his turbo-presses he's preventing the govt cash-flow insolvency you apparently hope for.

Sun, 02/27/2011 - 16:37 | 1002071 G-R-U-N-T
G-R-U-N-T's picture

Lindsey Williams also appeared on Coast to Coast this last Friday. Starts about 5 minutes into this segment.

Sun, 02/27/2011 - 17:30 | 1002164 EscapeKey
EscapeKey's picture

Lindsey Williams is a con artist who makes statistically probably, though hyperbole interpretations of what goes on in society, in order to sell CDs/DVDs through his webside.

Sun, 02/27/2011 - 17:39 | 1002170 akak
akak's picture

Agreed, and his "insider knowledge" about the 200+ billion barrel "vast pools of oil" underlying various parts of Alaska is ludicrous and downright insulting to the intelligence of ANYONE who is, or has ever been, involved with the petroleum industry here.  I can assure you that in this state, only the very most gullible and uninformed give even the slightest credence to Lindsey William's ravings.

Sun, 02/27/2011 - 18:00 | 1002215 EscapeKey
EscapeKey's picture

You can find his book here:

"There is no energy crisis. Now we can build a second pipeline—now we can produce not only 2 million barrels of oil every 24 hours, but we can produce 4 million barrels of oil every 24 hours. Chaplain, this is what we as oil company officials have been waiting for." [Chapter 16; Gull Island Will Blow Your Mind!]

Of course, that the US goes through 13m barrels of import on a daily basis matters little, because when Williams - though not a petroleum geologist - says the US can cut her dependency on oil, he's most certainly not full of shit.

Sun, 02/27/2011 - 19:13 | 1002369 oygevalt
oygevalt's picture

May I suggest that EK and Flakmeister get together for a guest post?  Guaranteed entertaining and skewering as appropriate.

Mon, 02/28/2011 - 01:43 | 1003193 Dave
Dave's picture

akak are you in the "awl bidness"? Just curious. I've been drilling for 35 years and some of these comments about oil really amuse me. Such as "200+ billion barrels."

Sun, 02/27/2011 - 18:31 | 1002296 oklaboy
oklaboy's picture

Grunt, went there, thanks fo rthe link. God help us if 1/2 of it is true 

Sun, 02/27/2011 - 21:35 | 1002637 G-R-U-N-T
G-R-U-N-T's picture

Even if Williams is in error I get a chuckle out of stirring up the head up their ass "Peak Oil" tribe. I get pleasure seeing them squirm a bit.

Time always reveals if one is telling the truth, especially when it comes to specific predictions. I have seen worse track records than Lindsey Williams but we'll see.

Mon, 02/28/2011 - 04:49 | 1003352 Dave
Dave's picture

Yeah me too. Peak production and peak capacity are not the same thing. But most people think they are.

Sun, 02/27/2011 - 17:24 | 1002155 NoLongerABagHolder
NoLongerABagHolder's picture

Here is the case that stocks, even though the nominal price has gone up lately, is actually cheap compared to 11 years ago:

Sun, 02/27/2011 - 22:16 | 1002756 cranky-old-geezer
cranky-old-geezer's picture

Somewhere I saw a chart showing Dow adjusted to 1980 dollars hasn't done too well.

It's difficult to grasp how much value (purchasing power) the dollar has lost just since 1980. Our minds see higher Dow number and conclude people are making money when they might just be staying even in terms of purchasing power, maybe losing ground.

Sun, 02/27/2011 - 21:52 | 1002668 Kelly
Kelly's picture

I know this is bad form but I don't usually trash the threads here and Marc Faber is so cool, please let me be the first to say:

Doomed Bitchez!

Sun, 02/27/2011 - 15:38 | 1001936 disabledvet
disabledvet's picture

even "doom" per se is relative.  for example "i can divine a bid and ask" on doom.  if i am..."clever" so to speak... i can also "rig the doom" so that "the doom is yours" and therefore not mine (bailouts come to mind, do they not?).  try and do that in your so called alternate reality where "the rich pay"!  in short "so long as your reality sucks" then it might not even matter what my reality is!  in short it's "not yours!"  the worst part is "my reality could REALLY REALLY suck" and I could "still percieve it to be better" and thus do that most human of things:  "declare myself the winner no matter how obviously i lose."

Sun, 02/27/2011 - 16:13 | 1002018 JW n FL
JW n FL's picture

maybe freedom is bad, maybe we need the Police State so we can be free of bad things... like spiders... or kitty cats being stuck in trees...

Sun, 02/27/2011 - 18:30 | 1002293 Meme Iamfurst
Meme Iamfurst's picture

Hi JW, you cute thing! 

I don't know, but Sir Doc. Doom isn't saying anything that that someone with recent brain surgery couldn't also see.  I mean, if no one is paying taxes (meaning bankers, politicians, lobbyists, drug pushers, and folks in jail), and we have gobs of people out of work...who is paying the bills?

I mean, econ 101 said that we can't go bankrupt because we can print our own money and Greece can't, but it could become as worthless as Monopoly money ( every run out and look at the directions...says you can write any denomination on a scrap of paper.  Boy I wish I could do that).  But I guess if they sell e-nuf of those Paulson Bronze coins we will be in the pink again.  But then again, we might need to buy them back to melt them down to make cannons for the hoards that could conquer US, like the Mexican drug gangs (that is NOT meant to offend any Mexicans OK!!!!).

And, as for OIL, there is so much under the Dakotas and LA, that we will do just fine.  If not, it won't hurt to walk to work...just once anyway.

Sun, 02/27/2011 - 20:19 | 1002478 JW n FL
JW n FL's picture

There is not enough Oil in America to Feed America's Addiction to Oil...

watch the video, learn and get back to me...


We are not running out of Oil... We are / have run out of Conventional Oil... which equates to cheap oil or $50bbl oil... if you increase the cost of oil to meet demand to $200bbl - $300bbl... you would crush any possibility of a recovery... as every added $10bbl equates to .3% of GDP in the negative... maybe worse depending on who you want to quote .3% is the liberal, nice number...

There is not enough Global production to go around...

Study heavy, sour crude and who can and can NOT handle large scale refining of that Product...

America is hooked on Sweet Lite Crude which is running out or production is being drawn out... once again depending on what you choose to believe...

Happy Reading and Watching, JW

Sun, 02/27/2011 - 22:47 | 1002783 G-R-U-N-T
G-R-U-N-T's picture

"watch the video, learn and get back to me..."

I learned that the guy at the podium talks like he has his tongue stuck to the roof of his mouth. I also learned he squirms like the usual pin-worms that come from the fraudulent anthropogenic CO2 is causing temperature change loot the world tribe.

Mon, 02/28/2011 - 02:01 | 1003223 JW n FL
JW n FL's picture

Now what the FUCK! do either of those idiotic things have to do with...

Saudi Arabia being 40% over stated with regard to oil reserves?


Global Lite Sweet Crude Reserves that America is HOOKED ON??!!!


Well, I think his tie was too blue for his shoes and his purse? whhhhhaaaaaattttt?

Sun, 02/27/2011 - 19:06 | 1002362 ft65
ft65's picture

Quoting JW n FL >> maybe freedom is bad, maybe we need the Police State so we can be free of bad things...

JW n FL or should I call you ^TrInItY^. If you believe in freedom, how about letting people speak their mind on your forum. Why the f*** do you come here spreading your guns and preps bollocks when you have a site of your own full of such nonsense. You would get even more people if you removed the blocking several large ISP's from accessing your site.

Why do you have so much trouble with your posters?:


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Sun, 02/27/2011 - 20:12 | 1002468 JW n FL
JW n FL's picture

Jason, Alex or whoever you are...

Using me for a spring board so that your broke site can get some hits... is fucking sad.

I understand things are tuff, but there is no room for this kind of bottom feeding behavior here.

TRINITY ACQUISITIONS INC. Filing Information Document Number P00000017126 FEI/EIN Number 593651515 Date Filed 02/14/2000 State FL Status INACTIVE Last Event ADMIN DISSOLUTION FOR ANNUAL REPORT Event Date Filed 09/16/2005 Event Effective Date NONE Principal Address POST OFFICE BOX 344
SHALIMAR FL 32579-0330 Mailing Address POST OFFICE BOX 344
SHALIMAR FL 32579-0330 Registered Agent Name & Address COTTON & GATES, P.A.
SHALIMAR FL 32579 US Name Changed: 04/18/2001 Address Changed: 04/18/2001 Officer/Director Detail Name & Address Title PD LUCAS, JASON
SHALIMAR FL 32579-0330 Annual Reports Report Year Filed Date 2002 08/01/2002 2003 09/10/2003 2004 06/30/2004 Document Images

FLA INTERNET MARKETING, INC. Filing Information Document Number P98000053229 FEI/EIN Number 582400897 Date Filed 06/11/1998 State FL Status ACTIVE Last Event CANCEL ADM DISS/REV Event Date Filed 10/13/2009 Event Effective Date NONE Principal Address N/A
SHALIMAR FL 32579 Changed 07/21/2007 Mailing Address P.O. BOX 344
SHALIMAR FL 32579 Changed 06/19/2005 Registered Agent Name & Address COTTON & GATES, P.A.
SHALIMAR FL 32579 US Name Changed: 04/18/2001 Address Changed: 04/18/2001 Officer/Director Detail Name & Address Title DP LUCAS, JASON
P.O. BOX 344
SHALIMAR FL 32579 Annual Reports Report Year Filed Date 2009 10/13/2009 2010 03/01/2010 2011 02/21/2011



You need to get a job or whatever... but coming to ZeroHedge to post Bullshit behind me every fucking post to up your hit count is old... now fuck off before I buy your Mom's Mortgage and put that cunt  in the street for non-payment.


Sincerely, James Edward Workman


Sun, 02/27/2011 - 20:20 | 1002480 WaterWings
WaterWings's picture

Hey, you guys are interrupting my doomer meditation.

Sun, 02/27/2011 - 16:37 | 1002069 DoChenRollingBearing
DoChenRollingBearing's picture

@ disabledvet,

You raise three interesting issues:

1)  the whole spectrum of doom.  Mild, major or TEOTWAWKI (complete with Mutant Zombie Bikers!).  It is kind of hard to prepare for everything...

2)  the idea of others rigging everything and bringing doom upon us.  Think about how to prepare for that too?

3)  perceptions of doom.  I hope Cog Dis can step in with a thought or two here.  But, prepared people are likely to be better off in a doom scenario.  But, positive thinking may be a big help.

Great post!

+ $1340

Sun, 02/27/2011 - 17:20 | 1002146 disabledvet
disabledvet's picture

thanx!  "may the hopium be with you."  or perhaps "live long and then live longer."  in the end "it's always the end."  let us make our end in fact "a New and even More Ridiculous Beginning" and create and bigger and more spectacular bubble...far greater than any to have ever existed!  To sum up "what could i possibly make you believe in this time that you believed in last time but swore you would neve believe in again"?  I say, I say...

Sun, 02/27/2011 - 17:46 | 1002186 Oh regional Indian
Oh regional Indian's picture

Very nice disabledvet.

I also like:

It's never the end of the world till it is the end of the world. And when it is, it won't matter anyway.


Sun, 02/27/2011 - 18:48 | 1002330 Meme Iamfurst
Meme Iamfurst's picture

Dear disabledvet,

I just want you to know that after seeing, day after day, homeless and disabled vets setting up stands in front of Publix asking for help, that I balled my eyes out. I really did and for days, I still do (Thank you Publix for allowing them to do it).

I was so up set that I had my attorney rewrite my will.  70% EVERYTHING I have will go to your your groups.  I hope it helps.

For God's sakes what have we become.  We prance around waving flags, put our hands on our heart and say "support our troups".  Is it not time to ask why we even have troups fighting undeclared wars for reasons no one can TRULY defend?

I am not really a bimbo, guys!  But some guys are.

Sun, 02/27/2011 - 21:30 | 1002627 New_Meat
New_Meat's picture


have cleaned up their act.

- Ned

Sun, 02/27/2011 - 15:39 | 1001939 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

I think I want to marry Mr. Faber. Would he enjoy a nice jewish girl like me?

Sun, 02/27/2011 - 15:46 | 1001956 Bleeping Fed
Bleeping Fed's picture

Since we're all doomed, he'll probably only have time for a one-night-stand.

Sun, 02/27/2011 - 15:53 | 1001976 Ted K
Ted K's picture

The question would be more like would your Mom let him marry you.  She may have a problem with the accent, especially if he drives a BMW into the driveway.  Tell him to learn some Yiddish and rent a Lexus when he comes to Mom's.

Wed, 03/16/2011 - 14:05 | 1002006 baby_BLYTHE
baby_BLYTHE's picture

From Dr. Faber's site...

the "lighter side of Dr. Doom"

Magic mushrooms for breakfast

A 1998 South China Morning Post polled public figures in Hong Kong with the question, 'Have you ever taken Cannabis?' Cannabis is illegual but not uncommon in Hong Kong, and freely available in many countries around South-East Asia. Most people said no, or refused to be quoted. Faber was as usual more straightforward and more confident: 'Naturally, I have smoked a lot of marijuana, but for breakfast I prefer omelette of Balinese mushrooms.

In Thailand 4 beers for me and 8 beers for the girls cost USD 40. In Wanchai - Hong Kong's red light district - a lady's drink alone costs already USD 40. Meaning Hong Kong is just too expensive.

Favourites (Bull & Bear, Fourth Quarter 1997) Saying: Being bi-sexual doubles your chances of a date on Saturday night

Motto: Follow the course opposite to custom and you will almost always be right.

Cocktail recipe: Chew fresh Peruvian cocoa leaves, after 10 minutes take two ecstasy pills, after one hour smoke some Laotian hillside marrijuana, finish off with a bottle of Petrus.

Sports team: I am a member of the Eskimo waterballet team and a former member of the Swiss National Alpine Ski Team.


Contrarian for life!

Sun, 02/27/2011 - 17:41 | 1002178 Ganja Jane
Ganja Jane's picture

Are you mentally handicap?

You're not funny; you're a Michael Scott way.


Sun, 02/27/2011 - 19:58 | 1002450 Saxxon
Saxxon's picture

Judge Judy, No.  Dr. Faber has made it quite clear he likes his Siamese fauna up in Chiang Mai.

Sun, 02/27/2011 - 15:42 | 1001945 MolotovCockhead
MolotovCockhead's picture

If world war comes, I hope somebody will nuke Swizerland even though it's suppose to be a neutral country. It's the safest country to hide in a world war, so you can be sure all the NWO henchmen and those montrous Banksters will be hiding there as well. Too bad it's Marc Faber homeland but to get rid of the root of the real problem, you have to get rid of the NWO and their Vampire Squid!

Sun, 02/27/2011 - 15:49 | 1001962 Ganja Jane
Ganja Jane's picture

'Tis likely they will be at Denver National airport area or similar.

US government has been building under ground bunkers.

Watch here starting at about 24 minutes if you're impatient; if not, watch whole thing.

Sun, 02/27/2011 - 16:40 | 1002075 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Steps for your survival.

1) Get to DIA

Learn twin turbine.

Scout out a local municipal donor airport and find your plane. Use the 'N' number to discover who her host is. Formulate a plan to disable the host on flight day.

Fuel up and get to DIA.

2) Look for spray painted signs in DIA concourse. "Marla/Tyler", follow arrows.

3)Bring body armor and explosion-proof helmet for non-conventional entry.

Come prepared and highly motivated.

~Judge Judy

Sun, 02/27/2011 - 16:30 | 1002052 sabra1
sabra1's picture

the elite bastards are all heading for chile! that's where they be!

Mon, 02/28/2011 - 05:07 | 1003359 Confused
Confused's picture

The swiss will be more than happy to manage your money, who ever you are, and throughout history have even let people with money into the country (WW2 refugees and George Clooney come to mind). But if there was a scenario that world war was upon us, , I'm confident that the swiss would not be letting all those knuckleheads in. Its a small country, they would have a major problem on their hands. 


Which is where the neutrality comes from. They are neutral in as far as it keeps the wolves from the door. 

Sun, 02/27/2011 - 15:45 | 1001948 virgilcaine
virgilcaine's picture

First comes the Gloom, Boom and then Doom.. he's a bit early. Zoom and Varoom.

Sun, 02/27/2011 - 15:45 | 1001950 PulauHantu29
PulauHantu29's picture

Blackrock added 8 milliuon shares of GLD I notice in their Feb 12, 2011 filing.Soros added more GLD and Pension Funds are adding more GLD and GDX every month.

Hard assets--USO, GLD, SLV, and now you even have PALL, a nice addition--these are the best in this environment as long as you DO NOT go on margin.


Sun, 02/27/2011 - 16:17 | 1002021 DoChenRollingBearing
DoChenRollingBearing's picture

Naah.  Physical only.

Sun, 02/27/2011 - 19:15 | 1002375 DaBernank
DaBernank's picture

Silver's just so heavy, man. 500 oz physical is my limit - maples and ASEs. + many oz phys gold. the rest mining, agriculture, and oil stocks. enjoy the ride, DCRB.

Sun, 02/27/2011 - 20:33 | 1002508 WaterWings
WaterWings's picture

Diversify your stash locations.

Sun, 02/27/2011 - 21:05 | 1002569 DoChenRollingBearing
DoChenRollingBearing's picture

Good advice.  Mine is in five locations.

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