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Even if the economy "improves," the debt load is huge and only growing larger...gold will climb
silver at 39.02
And gold just broke $1450
WHOA! SILVER AT $40 WAS A GREAT PREDICTION! Dr. Kaku says Fukushima haning by a fingernail now that REACTORS 5&6 ARE CRITICAL AND LEAKING!!!!!
and radioactive fish!!! LETS EAT!
Gold Bitchezzzzzzz! QE Infinatum
Congrats to whoever bought the effing dip at 1415.
Their suppression allows us to accumulate sound money at bargain prices.
Myself, being 27 years of age, see this as a golden opportunity to buy as much metal with my meager salary and convert it into real money.
Yesterday, my ignorant-ass roommate laughed when I said gold and silver are money and dollars are notes with no intrinsic value.
Fuck the youth, fuck the baby boomers, money is VERY cheap.
May the nonbelievers eat their paper.
Don't forget the lead, those nonbelievers may require some for a balanced diet.
I agree, the millions of nonbelievers are losing everything as we speak, defend with lead buckshot.
The rug is being pulled out from under; the commoner doesn't understand why the metals, food and energy are rising, they don't care; so I say fuck 'em.
The books and websites are out there, no excuse for ignorance.
Pick up some 12 guage defense loads; 1 oz rifled lead slug with 4 .00 BBs on top. Best o both worlds.
I hear two somewhat conflicting theories on why Blythe keeps shorting a fast rising market. One is the gov'ment pays her to make the sheep feel good about the security of the fiat dollar. The other says the Chinese are paying her to keep silver (and consequently gold) down so they load up on the spot market at cheaper prices. Am I missing any reasons? How do all you vote?
The idea that Blythe keeps shorting a fast rising silver market is an old and worn out internet myth.
Blythe is actually a very intelligent, ethical, and hard working woman. Did I mention that she is attractive as well?
Sorry, I got that backwards.
The idea that Blythe keeps shorting a fast rising silver market is a very intelligent and attractive theory.
Blythe is actually an old and worn out woman.
That's not all - look at the volume.
I'd like to place a bet that the commercial short position in the next COT report shows a dramatic increase, which obviously doesn't clue in the CFTC, as it doesn't feature Sasha Grey (oh, don't google her, she's most certainly NSFW).
In keeping with this theme The final countdown...only 626 days until Dec 21, 2012...
Lulz ya, loved that movie
first "meaningful" disappointment....ah, jan, doncha mean the first piece of data that even all the spinning could paint a cheery smiley face on?
We're headed to under 50 again - it's only a question of when.
The system is so badly warped, they can't even manipulate this number at will, any more (this assumes they haven't already dumped anything tied to any ridiculous notion that the economy is healing).
Say hello to the Big Double Dipper.
I rather think will be longing for a simple double dip...and that reality is going to be far worse than that if bankers continue to have their way, and DC continues to ignore the financial peril at hand.
It is quite the cosmic bunny hole we have stumbled down today.
Some bunny hole at that.
The Bernank is in the vice jaws of a liquidity trap quick sand pit, and Timmay is too weak and delicate to break him free.
Timmay has resorted to announcing months if not years old news, now, in some pathetic attempt to maintain any relevance to the news cycle, like a lonely and sad hobo, full of Mad Dog 20/20, mozying down the alley way:
This cosmic bunny hole in particular is called failure. Despite trillions of dollars fractionalized and spent, and with a state of largely dependent and sleepy citizens having long forgotten what it means to be free, comes austerity as the last way out; this, as the market rises, puts on its hockey helmet, walks to the center of the room, and claps for itself.
Brother, I do believe I see unicorns out there in the field.
Yes, and sadly, those unicorns will have to be put down, as they've been grazing on a patch of highly irradiated Bernanke Confetti, aka FRNs, which has been growing wild around here as of late.
We'll unfortunately have to tag and bag them, and pile them in the barn with the glowing swans we were ordered to take last night.
I loved those swans, before they started glowing, that is. The helped to fertilize the PM crop, but that's thriving now, anyways.
Wow...this is one of those days when you can clearly see how deep the cosmic bunny hole is, and how far into the bowels of the BlowHorn [CNBC] the criminal syndicate Wall Street bankers truly are.
1. We have a defense of Apple call from some blond teleprompter reader citing rumors that people are buying shares of Apple because the Iphone 5 might come early instead of selling shares of Apple because they have to.
2. At Abercrombie and Fitch, you have the company patting itself on the back, and the syndicate going 12 percent worth of crazy on the self flagellation.
3. And at the noon hour, they toss over to Laszlow Birinyi with the question, "Why will the market go higher?" The question is absolutely mastered by Birinyi's answer, "Because I say so."
4. These things...while gold ramps to an all time high.
pigs have wings, snowballs in hell, and netflix prints red. WTF? BTFD!
10:58:56, bitchz! i can tell my grand children i was there when NFLX was red.
praise be the bernank! may the speculative fever never break!
No need to praise me, just doing my job
YOU ARE ALL WELCOME
Anybody know anything real about Form 8621 and what's really neeed to elect CEF as a QEF? I plan to buy a lot more and am interested in avoiding get dicked by the IRS. I bought a bunch (first time buyer) of CEF this year (2011), so I think I got to file Form 8621 in 2012 and elect those shares as a QEF? Also, any advise on home safes, guns, bullets, ballastic blankets, et al. is also welcome. Do I bolt the safe to the floor in the master bedroom or in the concrete in basement? If it's in the basement, my guns won't be readily available in the middle of the night? 2 safes? 2 safes, and plaster over the coin in the drywall?
I had always wondered what ever became of all that bad brown acid that was floating around in Woodstock....Good to see it didn't go to waste.
It's not bizzaro world Tyler, it's the Buy Anything That Happens Dip scheme, tell your friends and family! Just open a margin account and lever in any randomly chosen asset and enjoy the ride! We will all be billionaires soon enough (cartwheel to carry your monies not included)
Yo, Camoes, Thats the ticket! I will go open a home equity loan on my house........wait, I live in the shelter.
what did you think my avatar was? its Bizarro World aka Htrae
EUR/USD hit the LOD @ 9:30am...been going straight up ever since....what are the odds? LOL!!!!
New reader here!
Wow - just, WOW - that's a really cool chart you've got there with the colours and all, where did you get that?
Seems that everything is good news for equities in the bizarro world The Bernank has created. PM's are the REAL winners though.
i hear the bernank's favorite group is the allman brothers. favorite song: one way out.
actually it's this one:
Cracks me up every time! Ohh and that riff..
good one. hadn't seen it before.
Anybody ready for a ZH theme song?
Shouldn't we be flash-crashing soon? Or does that come after the spike where we slay the shorts, then pull Gramma into the market.
Oh, never mind, in one of the few glimmers of hope, Gramma has decided with finality she will not be gettiing into the ponzi again.
No matter what Bullard says.
Damn.. 1446.7 as of 11:06am EST.. big spike again.
I believe QE 3 has to be off for the short term.
It would be suicide for them to extend it right away.
They will need to spin it some other way that people can`t understand
and will get the job done the same as now.
How do you game the 401k market? Unlike 2000, this bubble has produced no capital investments at all.
Oh, don't despair. Medicare "privitization" is next. That's when the money spigot opens for a new generation of innovators.
It's just like the old days of the late-'90s bubble, stocks would rally on higher unemployment... because it was interpreted as disinflationary, thus reducing the odds Greedspan would take away the liquidity punch bowl. Uncork the bubbly!
time for commentary on silver and gold from zh's resident genius' on the topic: spalding "vanishing act" smailes, and the old catfish mouth himself, robotard.
So much for resistance.
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