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QE3 Or No QE3: The CIA's Take
Well not quite the CIA, but close enough. The good ex-spies of BIA Behavioral Intelligence Analysis have conducted another behavioral assay, this time targeting global overlord Ben Bernanke and specifically his Wednesday press conference, focusing not on the script but what was left unsaid between the lines. For those unfamiliar, "The BIA team represents a diverse mix of highly accomplished
professionals from the national intelligence and business communities,
who came together to create and deliver BIA’s ground-breaking solutions
for our clients. Our intelligence experts average more than 20 years
experience in interviewing, evaluating and collecting information across
the globe and have been working with premier firms since 2001 to
improve investing and business outcomes through application of our
unique methodologies." In lieu of a lie detector being hooked up to the Chairman (Simpsons scene comes to mind), this may be one of the better analyses in interpreting what was said... and unsaid.
From BIA Behavior Intelligence:
BIA Behavioral Intelligence: Ben Bernanke at Federal Open Market Committee
Press Briefing
June 22, 2011
Assessment Summary
BIA’s behavioral analysis of Mr. Bernanke’s comments during the June 22, 2011 Federal Open Market Committee press briefing produces a higher level of concern than the briefing in April. Questions covered a broad range of topics, many of which elicited responses that signal behavioral concern. Most of Mr. Bernanke’s concerns likely seem obvious, even to the untrained eye. He acknowledges a great deal of uncertainty about why the rate of growth in the economy has slowed, he qualifies that the recovery “appears” to be proceeding at a moderate pace and consistently resorts to statements to minimize public concerns about the severity and duration of the situation -- belying his own level of confidence in the Committee’s ability to manage through the near-term. Further, his clear effort to limit expectations for improvements in unemployment, along with his persistent efforts to focus attention on the longer term, are consistent with his tacit acknowledgement that the FOMC isn’t quite sure what to do at the moment (“a little bit of time to see what is going to happen would be useful to make policy decisions”).
Even so, TBA Indicators observed in Mr. Bernanke’s comments about inflation reveal more significant concerns than he is admitting. Mr. Bernanke uses highly qualified language and avoids offering specifics, suggesting that he may believe the Committee’s estimates for future inflation rates are overly optimistic. Below are our observations.
Mr. Bernanke likely anticipates inflation to persist at current levels, and perhaps go higher, in the near-term.
In his press briefing in April, Mr. Bernanke announced that the Committee judged that an inflation rate of 1.7 to 2.0 percent is consistent with their dual mandate. In explaining the Committee’s position, he pointed out that in most central banks around the world; the aim is to set inflation “usually at about 2 percent.” This reflected an effort to demonstrate that the central tendency projection of 1.7 to 2.0 is reasonable, but also suggested that Mr. Bernanke was willing to allow U.S. inflation to push the upper limits of the range.
Sure enough, in this press briefing, Mr. Bernanke announces the mandate consistent inflation rate is “2% or a bit less,” demonstrating that the Committee has conceded that the high end of the previous range is an acceptable level. Mr. Bernanke goes on to acknowledge that the central tendency of participants’ inflation projections for this year is 2.3% to 2.5%, but that for 2012 and 2013, the central tendency is 1.5 to 2.0%. However, in his attempt to be reassuring by stating that this trajectory is “broadly similar” to the April projections, he inadvertently reveals that the underlying thinking about the future rate of inflation has changed more significantly than he implies. Furthermore, even though he states that the inflation rate is expected to subside to a level at “2% or a bit less,” he qualifies that this is the level that “most” participants judge to be the “most” consistent with the dual mandate, suggesting that opinions across FOMC committee members vary significantly.
In this context, it is notable that when asked specifically where his projections fall compared to that of the other participants’, Mr. Bernanke does not fully answer. Instead he qualifies that his projections are “pretty” consistent with “most” of his colleagues and attempts to convince listeners that he is “certainly not taking an outsized, extreme view in anyway.” This effort to downplay the degree to which his projections differ from his colleagues again suggests that his views differ significantly from at least some of them. And, while he is willing to qualify that he does believe the slowdown is “at least partly temporary,” his failure to take the opportunity to offer thoughts on a more positive outlook suggests that his views are less optimistic than those of the other participants. This raises the possibility that Mr. Bernanke believes that the inflation situation could end up worse than the estimates provided.
It is also behaviorally significant that when asked if the Committee’s current thinking suggests that the medium term tradeoff between inflation and growth has gotten worse and if the unexpected rise in inflation has changed his understanding of the output gap, Mr. Bernanke again does not answer specifically. Instead, he says, “that’s a possibility,” but emphasizes that “every member of the Committee” sees the long run unemployment rate at “somewhere around” 5.5% “basically.” He then merely surmises that this “would suggest” that the Committee still believes that the output gap is quite large. He further attempts to assure listeners that inflation will improve by stating that, given there is still a large output gap, inflation expectations remain anchored and that some of the factors affecting inflation are temporary. He concludes that “it’s reasonable” to think that core inflation will fall back “towards” mandate consistent levels. These statements fall short of a confirmation that he believes that the output gap will be as beneficial in restraining inflation as he portrays or that core inflation will actually come down to “2% or a little bit less.”
h/t Nick
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Someone really wants gold below $1500.
Could that "someone" be the same "someone" that smashed silver on a long weekend, when other markets are closed? It was because we have no inflation.
Or the same someone that sends out a press release that they are flooding the market with one days worth of oil? That's because we have no inflation.
Or the same someone that consistently lies that no more QE is coming, whilst the banks had to change the accounting rules of how one should judge their balance sheets?
The reasoning, of course, is that it's all transitory. </sarc>
The life of the banks is the only thing that is truly transitory, because they are in a real bind: More QE and the dollar dives, less QE and default lives.
And I am actually enjoying watching the stinky whores squirm, Benocide included. No way out, just a matter of time.
Economic Hitmen
It's me, I want gold below 1500. How else should I dispose of these damn FRNs?
so, does this mean that 49 by "next week" is out?
You used to be a silver bull, no?
You're not geocaching it at an extraction cost of $5/ounce now, are you?
Don't prod the TravMosley7777. It's been a nice calm couple of days.
t7 used to be long silver, by his own words.
While he hasn't officially repudiated that specific stance, he's sounding more like MethMan on particular days lately.
It's all so difficult to keep track of: do you mean T 777 or T 7777, or T Mos, or... hey wait just a minute Miss T Ruth In Sunshine; I'm onto you too.
49 by next week may be out, but me getting into a 69 is only a few hours away.
also the leak of CONgress looking into changing the CPI calc again.
In case someone missed this Pimco tweet:
http://maxkeiser.com/2011/06/24/pimco-says-silver-margin-hikes-were-attempt-to-manipulate-prices/
Maybe some of the "silver bubble" crowd should take this and go over to Mish's board and bury their heads on the subject there.
Call themselves Team Ostrich.
I hope this means Pimco is accumulating PM's, implies that to me.
Speaking of the oil, looks like somebody alerted their friends:
CFTC Investigating IEA Oil-Release Leakhttp://blogs.wsj.com/marketbeat/2011/06/24/cftc-investigating-iea-oil-release-leak/?mod=google_news_blog
That "someone" are the total en mass global central banking cartels looking to get out of dodge and to make sure they do it cheaper than yesterday.
I just read on max Keiser that the CME scum used margin requirements increases to manipulate price of silver!!!! the truth be told!! BUT the bad news keeps coming every day!!!!!! THE REAL price of the stock market in GOLD is bad and has been in an 11 year bear market....
http://fiatsfire.blogspot.com/2011/06/fantasy-zone-fryday-dr-deficit-admits.html
Sacrkozy worries about inflation why not BEnron??? And then there is the girl from China who is selling her virginity to buy an iphone!! WTF?!?!
Monday is options expiration in the gold market. Gold usually performs weakly in the run up to expiration. Coincidentally, I'm sure.
QE forever. The banks are insolvent.
Numbers never lie.
QE to infinity, dollar to 0.
My take on the Bernank:
He's an evil bald headed Jew working for an elite group of inbred families hell bent on enslaving the peoples of the world using the same banking scams the Jews have used throughout the centuries.
Am i close?
how original
The Bernank is your mother.
You want originality or the harsh truth?
Please don't call Bernanke a bald headed jew.
I have friends that are bald, and they wouldn't appreciate the correlation.
Some anti-Semites are people who hate Jews.
Other anti-Semites are people who Jews hate.
But when it comes to the bankster class, there shouldn't be much denial that old Jewish families with elitist and genocidal tendencies are... disproportionately represented.
FunkyMB: Your posts are too admirable to be junked like this.
Once you acquire the taste, harsh truth begins to taste like rich Cajun Gumbo, everything else tastes like marshmallows.
Or a good Hungarian Paprikash... Mmmm...mmm!!!
Yum.
either would be great
Thorough rebuttal.
Ben Shalom Bernank, the wanna-be fake Jew Hebrew Hammer.
And remember, all the hundreds of times these fake Jews from the tribe of the devil have been expelled from countries, well that was just 'anti-semitism'.
YouTube - The Expulsion of Jews Throughout History
remove "bald" and "Jew", every thing else seems correct.
1 1/2 ozs white rum, 1 oz drambuie, splash of grenadine and top with apple jews all over ice. great for the truth.
ever try a mint ju-lip?
(invented by Billy Bob Silverstein, Atlanta GA, cerca 1844, and originally served chilled in a silver chalice complete with bas relief seal of solomon)
despite high unemployment, monkey boy will always have a traveling circus gig as a semi-literate amoeba
you are getting warmer...
Hey FMB - Here's my take on you. Drob dead you anti-semitic douche bag. People like your are the source of more historical shit than any other group. Go to hell.
You are spot on. And that is only the beginning...
I'm starting to understand why the Germans hated them so much. I worked for one, he was horrible.
Oh my achin' freakin' ass. Some of you people are neaderthals.
seriously. even in basic geometry they teach ya that it takes TWO point to make a line..... dude is missing 50% of his data, at a minimum
junked by a jew-hater.... thank you; I'm honored
15 yards! Unneccessary roughness!!
Jew, Muslim, Christian, White, Black, Yellow or not. Some of the major problems with the current economic system are.
1. The layer at the top skimming cream for doing nothing and taking huge piles of money and capital. This is global from China, Moscow, Paris, Berlin, London, Johannesberg, New York everywhere!
2. A layer towards the bottom in more advanced nations, that is taking money and contributing zero back to socitey. This is evident in Australia where I reside espeically in the form of pensions.
3. Issues with the corporation globally having laws made that assist their growth at the expense of small entrepenuers.
No matter the religious background or ethnicity we need a way of re-structuring the global economy so that we
My fear is that this plan (apart from being clearly half baked at this juncture) would require a globalisation of political process so that nations do not get played off against each other.
The other huge negative is that if resources, the output gap, overcapacity, unemployment and technology is not able to be put to use to create a super abundence of "real values" then first world living standards would decline as other global citizens rise.
Too complicated. Why not plant a money tree in everyones back yard.
+1
BIA website looks like it hasn't updated in 2 years.
Gold: +5.6% on the year
Silver +12%
Dow 3.3%
Nasdaq 100 .15%
LOL!
This was posted in reply to Roboclown but his post has now disappeared . . .
I didn't know you could make posts disappear.
WOW..., one second Robo is spewing, and the next second he's gone. Cool!
Heh. I guess Tyler made Robo disappear. Poof! He's gone.
i've noticed the disappearing post act several times over the months with robottrader. i think he has delete capability.
If enough people junk a post, it disappears!
I prefer for his comments to live in infamy.
then copy / paste his nonsense when the junks get to 35+.
I think it's @ +50 junks the vaporising kicks in. . .
Oh but today Robos new 'rearview mirror stock pick of the day' is Monster Energy drink. He's just like Howard Cosell, commenting from ringside, wishing he was a player, a Pigman....but he never will be.
Yes, I saw that. Tyler ditched him. About time. He's either a Wall Street pimp or a gov't leech who is only here to taunt.
or he is just out having a few drinks, you know, with real girls
I doubt he could pick up Norovirus at an old folks home.
@Robotrader
Aside from the boogers you're certain to dig out in 'support' of your inanities; are the miners up for the week? Hint: what was special about last Friday for them? LOL....
Robo is now using his Harry Potter invisibility cloak.
...and with superb effect:
http://www.zerohedge.com/users/Robotrader
*housecleaning*
IMO, QE3 is irrelevant, because we're approaching a solvency chrisis (chrisis of confidence in the entire global system), not just a liquidity problem.
There can be no crisis of confidence if there is no confidence.
no confidence...all it took for yesterdays rally was a bunch of greek politicians saying that they would "get er done"...and it skyrocketed.....lol...
Then collapsed right back down on open. Oh well, ultra weak as it is, I guess its confidence.
Fuck the C.I.A. They should all be fired. Purged.
Patience, patience.
and in the category of "Poster Least Fearful of FEMA Camps" ...
In other words, the man is a sophist, seeking to obscure reality with a more comforting facade.
Too bad nobody's buying it, lip quiver and all. While it's nice to have such a d-bag of fall-guy, they may have to switch him out for Turbo-Timmah, who seems far more suited to deliver intelligent sounding obfuscation. I just don't know if The Bernank can hang in there until 2014.
NotApp,
A sophist, is that kind of like getting screwed, and never feeling it?.
How do you analyze a sociopath?
With a cattle prod?
robert hare's ' without conscience.'
the hare test.
Bottom line is Ben Shalom is damned if he does, damned if he doesnt....game over.
Yes, but that's only after he's gone to see his maker.
why all the analysis to come to the conclusion that he was basically lying and/or obfuscating the truth?
i've seen 6 year olds lie more effectively
This reminds me of the American TV series "Lie to me", which is also aired here in Germany.
I'm gonna watch out for micro movements in Benny's face when he talks.
Especially the corners of his mouth, his eye lid movements, whether he looks upwards or downwards in conjunction with what he says at that point in time.
And then I'm gonna pull a Joe Wilson and shout: YOU LIE !
a vast majority of communication is delivered non-verbally. Tone inflection and body language. The face is the single best source of information.
The words are interesting in that they are a construct from a group of people with a shitload of power. Hopelessly ambiguous is about the best you can get from the words alone.
What is unsaid is that the Bernanke has a growing level of inner conflict. He shows signs of a self perceived "controller" losing control. IMO, this is in line with rising political constraints interfering with his personal preferences. At the end of the day, the Fed is doing the heavy lifting WRT monetization of deficits. That won't change anytime soon. All I can say is I'd rather the Fed board do it than the Executive branch.
Professionals instead of elected officials?
Frank_
whether he looks upwards
(and to the Left)
100% lies.
http://i.imgur.com/Z2x5r.jpg
Zero hedge crew, I need you to analyze this pic cause we got Homeland Security Batmobile tanks mobilizing! Is the final total collapse on?
Damn pretty nice military vehicles these police depts can apparently afford now. I wonder what one of those runs, $200,000 new at least?
Are you serious? This is the government we are talking about here. A stack of paper coest 200K in the government. That thing cost at least 1 mil.
Those are part of DHS's super happy icecream time! event. They will be used to distribute all manner of delicious icecream treats. And don't forget: we're watching you!
It's only got two axles so it probably isn't packing enough armor to stop a .50cal round. Unless armored vehicle are well supported by infantry, in an urban environment taking one out is child's play.
Looks like its heading for a Blue Light Special..... (KMart in background)
...or a project blue beam special to take the smart shopper advantage of their holographic goods and services : )
In what hypothetical scenario would a police force need to actually use what looks to be a battle tank? Christ, our tax dollars are now being spent in order to buy tanks for police to use in order to crush dissent? Can't be many uses other than to break up mobs of people upset over something, can there?
chubbar,
the most telling item is the name painted on the side.
Appears the home land defese idea put forth by Big O, has come to fruition right under our noses.
When you have TSA's doing vehicle searches,without warrants or cause.(since not even LE can do that),we can expect most anything.
you are right, of course. It just annoys the piss out of me that the fuckers are actually setting up to kill americans. They know what is coming but take no actions to save innocents, just protect their power structure. Just fantastic news-sarc.
Nice "boarding ladders" at the back. Designed by committee?
If I'm not mistaken, those are for defense against roc pro ger's
OK, you sent me to Google with that one, but all it came up with was a Fender Roc Pro GE guitar amp. But then the little bell went *ting* and I realized you meant RPG's ... oh yeah, Rocket Propelled Grenades. The strange thing is actually those two big boxes the grill-work seems to be "protecting". They block the view from the aft window which makes them look like an afterthought to me.
In order for a shape-charged warhead to work properly it has to make contact with the armor plating. Thus stand-off protection causes the charge to explode too far away for the shape-charge jet to burn through the armor plate. The problem is that once you've hit that particular stand-off it is usually no longer capable of performing it's function, so subsequent attacks can hit the armor directly. Again unless you have good infantry support or at least other vehicles to provide over-watch, a few guy firing RPGs at the same spot in succession will have a pretty good chance of knocking out the vehicle. That said, especially since RPGs are few and far between in the US, there are many other low-tech ways to disable an armored vehicle
Armor guys love to make fun of "Crunchies" (the sound infantry make when you run over them) until it is time to go urban...
I've seen that. On the History Channel, I guess. But those big boxes on the back seem to be outside the main armor. And also because they block the view from the aft window (except for a thin wedge from 5 to 7 o'clock) I was thinking they look like pretty piss-poor design for a urban riot control type vehicle where Situational Awareness (SA) and thus good all-round visibility would seem to be pretty important ("Crunchies" notwithstanding).
In a crowd, I bet there'll be POPs (Pissed Off People ... OK, I made that one up!) swarming all over them in no time via the handy "boarding ladders". I guess they've been designed (by Bureau-rats rather than Engineers, probably) to look intimidating above all else.
This is perhaps colored by my pet theory that the world has been taken over by a delusional elite of Legal/Economist/MBA-types who just really don't comprehend the physical world at all and think that by merely controlling the mass perception of that world, they are actually controling that physical world itself. This monumental hubris leads inevitably to what (I think it was WB7) in another thread this morning termed a "Tower of Babel moment".
Rocket Propelled Grenade (phonetically spelled or typo'd: gernade...)
Thanks. I try to avoid spelling out stuff like that just in case it trips a government server monitor.
Can't beat 'em? Join 'em.
http://federalgovernmentjobs.us/jobs/Program-Manager-Special-Response-Team-2297775.html
Pays okay ordering these little ice cream delivery vehicles around.
See the size of that muzzle sticking out of the rear? Game on bitchez!
I think I see sky behind the muzzle, is the top down?
It's to rescue those being trampled at the Kmart in the background.
Where can I get one?
take a number, get in line....
@bgilliam83: I don't know, hard to tell from a distance if it's on.
That armored vehicle did look like it has protection from (light) firearms, and the occasional molotov cocktail.
FWIW you can compare it to the South-African made armored vehicles.
http://www.sadfgroup.org/wp-content/uploads/2011/02/Casspir-DONE.jpg
I did however get this in my mailbox, no idea either if it's true (no followup yet): could be false alarm, could be real.
http://www.youtube.com/watch?v=UoKUT8ebR_s
TSA is doing Security Exercises: http://www.mariettatimes.com/page/content.detail/id/536701/TSA-conductin...
I didn't know they had the manpower, resources for something like that.
This just in: Belated radiation monitoring in 250,000-person Fukushima City shows radiation over 30 times the internationally acceptable level for incremental public exposure (or, a little tiny bit over Japan's 'adjusted' levels)....in a public housing park.
From NHK:
http://www3.nhk.or.jp/daily/english/24_38.html
Radiation results in Fukushima City
Radiation levels in parts of Fukushima City, about 60 kilometers from the disaster-stricken nuclear plant, have been found to require further monitoring.
Responding to residents' demands for more information, Fukushima City released on Friday the results of radiation checks conducted on June 17th and 20th at more than 1,000 sites, including public facilities and roads in residential areas.
Six locations, including a park in a municipal housing complex, registered radiation levels of over 3.4 microsieverts per hour when measured one meter above ground. This exceeds the prefecture's threshold for re-checking.
Radiation of over two microsieverts per hour was recorded at 182 sites.
The city said that it re-checked the six sites on Friday, and all locations registered lower radiation.
But the city intends to restrict use of the park in the public housing complex, where radiation of 4.15 microsieverts per hour, which exceeds the central government's limit of 3.8 microsieverts for a park, was recorded 50 centimeters above the ground.
A municipal official says the city will continue monitoring and post the results on its website.
Friday, June 24, 2011 21:05 +0900 (JST)
Rather than evacuate they'll probably recommend living on 2nd floors and above.
It's all good.
Radiation makes the sunflower crop bloom and puts a robust pop in one's step.
Japan told to grow sunflowers in radioactive soil
This quote at the end of the article:
"I would like to make a maze using sunflowers so that children can play in it."
Are these people idiots or self-genocidal?
Newsflash:
Sunflowers & Hemp are the two top farmable crops that render top soil non-radioactive. Planting sunflowers is [b]REALLY GOOD SENSE[/b]. Do some research - they're the top botanical fixes for nuked soil.
Hemp probably less so, in case people smoke it.
Would you send out your kids to play in it ?!
As long as they don't eat it, then they're fine.
I think you're misunderstanding the dangers of radiation, I'm afraid. There's a major difference between alpha, beta and gamma fyi.
Hint: DUST. Dust is dangerous. Dust you can inhale. If it is locked into a plant you're not eating (and actively take away, burn and dispose of waste ashes in large hole to the centre of the earth) then you're gravy*.
*Lol, wut? Yes, apart from the obvious issues of how glowing your parents are. But really - this is the reality; more mutations = higher infant mortality. The rest, well... find out what caused most cancers in the West [cough - smallpox vaccine - cough] and then adjust your risk analysis accordingly. Or, do the scientific thing, and investigate the % of cancers post WWII nukes in Japan. You'll be surprised.
but at least they got the 3 ton wrench out of the top of the breeder reactor
one must take victories where one finds them
i watched the presser closely. having had thousands of client meetings over the years one can begin to quickly spot someone using weasel words, and being evasive. ben fit the bill in both cases. seemed obvious to me.
Oh sure, like the BIA doesn't deserve a couple 100K for this analysis that Ben may think inflation could go higher in the future. Inconceivable!
true. it amazes me what people will pay money for. guess people need confirmation.
the chairzelbub has no freaking clue, basically.
in the sense that he has never been here before, either. even tho he's driving.
maybe we're lost? ghostTrader's point is well taken, in that respect.
yup, these folks are who they say they are -- this is peerless analysis.
on a side note: You sons a' bitchez (finance/econ) have more euphemisms and phrases that condense complex (and sometimes conflicting) economic theory into these little innocent looking things like, for example, 'output gap'. Things are beginning to congeal for Janus, as he's fully resolved to master this stuff -- though he still concedes he's but a financial dilettante.
welcome to zH, cock-boy!
Happy to be aboard! Where do you keep the rum and the women?
BTW, if you're a genuine pirate, I'm going to need some advice on a good blue-water live-aboard in the not too distant future.
rum, something else, and the lash
hmm, ...what's different here, G_F? lol!
I don't need this analysis, or even to watch the presser, to know Bubbles Ben is lying. If his lips are moving he is lying, or I'm dying.
The prick knows inflation is going to skyrocket because he knows he will print until the absolute destruction of the dollar and our country. Wonder what his "out" is? Paraguay? The sewer system in New York City?
Hearing entitled “Investigating the Gold: H.R. 1495, the Gold Reserve Transparency Act of 2011 and the Oversight of United States Gold Holdings” June 23, 2011.
http://www.youtube.com/watch?v=AaES4r53XT0&list=PL2BE490CF7819E993
I support RP and his efforts but that hearing was a complete joke.
A bunch of bureaucrats and mumblemouths with no answers on anything substantial.
What we need to see is the FBI smashing JPM's doors down, and hauling Dimon, Masters and their Flying Monkeys away.
If there was a chance in hell the RP would be successful he'd soon have to add his new middle initial... 'I'.
the Big Top has 3 rings, there's always room for side shows.
weasel....lol
I am surprised that no one seems to get the fact that TPTB know we are fucked, and short of a major miracle, we will be continually fucked for as far as the eye can see. The growing police state with VIPR patrols all over the US, imprisionment and harassment of anyone using a camera phone to record police activities or even public hearing, the sexual groping by TSA now at bus and train stations, the proliferation of no-fly zones, the road blocks for Americans on western highways, and the training of local police forces in their role during martial law should open a few eyes (and brains). What do TPTB know and when does the SHTF, whether financial or another false flag attack on US soil?
The vice has been closing inexorably since 9/11. The "Patriot Act" was drafted in advance, conveniently.
Bastiat,
you left out Pat Act 3(the secret one).
Openly acknowledged by a Senator on The committee that watched it happen.
(He could Not comment on content) as it would violate Nat'l security).
Perhaps Bastiat and DosZap, there are those in the gov that are not in line with M.O. of the day. Do you think that a false - false flag would be the turning of the tables (so to speak)? What if, those who usually carry out these FF operations are spoofed, whereby 'they just didn't cover their tracks', or, what if the CYA is uhmmmm... 'accidentally' forgotten on an actual operation? (I'm sure there are those in the org that have already learned, and are not too happy that they and their loved one's are expendable as well.)
What if 2 can play that game?
.
Case in point... the recent FF 'send the firearms to Mexico and disavow it when caught' to plow the 2nd amendment under. Numerous people on the inside obviously were not onboard.
Chicken shit!
I just got 49 yards of hen dressing delivered for $250. We threw the obvious (near the surface) dead chickens back in the truck. Farmers there pay $1400 to ship the same stuff to VT. Apparently the nitrogen level is high and valuable enough to ship. The smell is terrible but it should increase vegetable production for a few years.
I suggest instead of spending too much time belaboring the obvious, you get ready. It is coming, soon.
Jack DeCoster just turned down $100 million from Land O Lakes for his egg farms. He had negociated for $140 M but at the last moment they low balled him. Jack threw them out. Jack Decoster is an American hero. He pays people to work that would never work otherwise.
Bernanke should be strung up like Mussolini and his whores.
Just my humble opinion here on Zero Hedge.
If silver can get back to $50 we should kill Osama Bin Ladin again. Most people have probably forgotten we killed him on that important Sunday night right as the Asian markets were opening higher to take out the all time silver high. That was just what the doctor ordered to crash it $5 in 1 hour and start the ensuing avalanche. It's been a few months. We need to bring him back to life and kill him again when the PM's start to rally again. Anthony Weiner's dick isn't having any effect on the silver or gold price. We need Bin Ladin back. Americans need a foreigner to hate and Qaddafi is not cutting it. He's looking like a underdog victim. It's horrible.
Well, there's always Assad's kid in Syria or Mr Iamadinnerjacket in Iran.
I'm wondering...when does Jamie Dimon get his day in the sun as the world's biggest menace?
Oh wait, that's right, it's just brown people that are "terrorists".
Happy Sarcasm Friday everyone...
Great BellySnort thread.
Gold and Silver bugs, stay on course.. It's a summer..
But don't trash talk the stocks, especially the PM miners,
that's the guys, who are working hard to bring that value into
your homes and yes, I do not think their stocks are just
"Worthless paper" I hope some of them, in the future, can actually
pay Div in the real silver coins (bullion) at the mining costs,
can you imaging stock performance then? Also don't trash
TECH!!! Period.. We might have another 1990 boom.. Check
AMZN performance since 2008? How about AAPL? I remember flipping
and flapping that one below $100/share. Yes I actually sold
100 shares of Apple below $100 during 2008 crisis, as there
was so many opportunities.. That was crazy, real crazy times
Cloud Computing - is the next crazy Tech thing, which will create
trillions of $$$ for potential shareholders...
And as a
P.S :
==================================
Everything eventually collapse and we all die,
unfortunately.
And then Silver nor Dollar nor Gold is your King, but Jesus Christ
is the only KING and
our VERY infinite REAL Value, invest in that also, while
you still can. AMEN.
Have a great weekend.
Hi, sock puppet!
[Big wave with the fat finger]
[golf clap]
One final Psyop on the Amerikan people to add insult to injury.
They are directing whats left of their influence towards suppressing silver and gold in hopes of driving the price down before the metals ban.
Then when the currency collapses completely this Fall they can buy it all up cheap. How many times do they think we will fall for these massive wealth transfers? This is history repeating itself.
III
Yeah, only this time Gold and Silver miners doesn't cooperate
that much. Usually when Metals are dropping and Miners stay
near flat it is a signal that correction maybe near end..
Hope that's the case here. Amazing how they manage to take
down Gold $60/oz on the top of all this currencies doom and gloom..
Yeah, that 100 year, 200 year, etc. gold chart - total dribble and meaningless.
Gives me morez dat Pandora & LNKD, hoss!!!
Man you are complete moron, jees.. I don't own Pandora
Not sure about LNKD, as it's too early to say, but AAPL and
AMZN will do much better than GOLD for sure.. 100 year chart of
gold will tell ya, it was doing nothing about last 95 years or so
and if you bought in 1980 you still underwater inflation vise.
Keep sucking that hose..
Thank you for conclusively and eternally establishing your 'challenged' status.
I didn't know this about you, and will take it easy on you from now on, sport.
Gold is not investment. It's a capital preservation vehicle, which
should (in long term) preserve you purchasing power through
the years.. Probably, good for Old billionaires, smoking cigars
somewhere on Caribbean Islands.. For Average Joe, - booze, rifle
couple of horses and small farm (garden) will do better job.
Amazing?, how so?.Only the paper fools did that.
Real playa's, (like ZH dudes/ettes), know whatever they do to the paper price, we do not care.
We know the END game,HOLD FAST.........you will ultimately win with the REAL thing. paper players are screwed unless their Dualies.
If paper price doesn't matter, they why ya'll whining about
Food cost and Gasoline prices? Trust me it will matter,
when you lose half "paper" value,
People who bought houses also though
it doesn't matter... Most ZH-ers probably sucked in well over
$1200/oz.. Or bought Silver over $30/oz.? Looks like Bernank
will push it below $30 again to clear his path for another QE, by
creating artificial deflation..
"Or bought Silver over $30/oz.?"
hahahahahahah