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whats all that then?
We're like one of those poor scientists in Los Alamos back in the day who accidentally caused nuclear criticality in the lab. They saw a blue flash and knew they were dead men walking. So it is the same with the "reserve currency" US Dollar, for which that title is now only a meaningless label. We've seen the blue flash, it's only a matter of time for the greenback before the vomiting and necrosis begins.
The era of the world reserve US Dollar will soon be nothing more than a relic of history like the English monarchy, with only some domestic emotional appreciation out of a misplaced perception of patriotism. Few will grasp the real importance the dollars death: that just like liberty eventually overthrows tyranny, reality will always eventually overthrow inflationary fiat fantasy.
+10. The world has already voted on the fate of the dollar: Gold and Silver setting new dollar records nearly daily. Dollars fleeing to "emerging" economies and currencies. A flight to hard assets. Anything but bux.
Paul Krugman is out with his latest administration-cheerleading propaganda piece at The New York Crimes wherein he argues that not nearly enough BennieBux have been printed and distributed to all the important faces & places.
That Krugman is something else.
Why would I want any of Bernankes dollars when I could get a couple trillion of them cheaper from the Chinese now?
Whom gonna pay Munibonds massive defaults?
Insurance Portfolio completly mismatch A-L scheme performance
De-Riskoing is just coming back after 2 years of smokescreens
* Short BAC and C long STT and LAZ
Welcome to debt haircuts world ages
It's all because of those damn speculators
The banker-gangsters own this little band of puppets, just like the own the derivatives peddlers.
trade of the decade. sell almost all of your gold
for silver now. 6 mo. trade your silver for gold. 1/2.
think about that. hmmm.
jesse, link for the video. j park
Trade of the decade is to find out where politically approved SWF invest dollar reserves and get there first.
skin cream with silver nano particles.
No need to guess: oil, gold, industrial metals, grains, any key natural resources.
True, don’t forget to link all resources to a politically correct port for export extraction.
Seems like a good plan but remember Silver is the devils money, I wouls say keep your gold
silver is the people's money. it was demonized
by the authorities for the purpose of disempowering
the people making them subject to that authority.
don't fall for it.
“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves."~ Norm Franz
Honestly i think the big question is not the USD...
the key deal is " which fiduciary currency is weaker than other"... A dollar will always be a dollar, a hungarian forint is just paper with no back-up, the same for Yen,Euro...
So ask urself Which gonna be the unique currency that gonna survive....-----------------> USD, cos u have to trade commodities in USD, just that,Other thing is... the USD gonna have a currency commodity linked basket to place its daily value
5% soft commodity basket
1% Rare Earth Metals
0,01% Federal Reserve POMOS:)
10% + x % Goldman,JpMorgan, Algos:)
"so you need to ask yourself...do you feel lucky? well?" interesting form of finance. i prefer it in the movies myself.
Sorry, BRICS (incl South Africa) just formalized a deal to price goods in their own currencies, no dollars need apply. Look for more to come.
I would add two years worth of good long term storage food, really good water filtering device and an AR-10 w/5K rounds of .308 (total cost about $20K). For those on a tighter budget, one years worth of basic food storage, water filtering device and an AK-47 w/5K rounds of 7.62 (cost about $5K).
you are right. need to stick with the "common" rounds. 7.62, .308, 5.56....i've even thrown in about 500 OOBuck 12 ga...in case things get REALLY serious.
got the ammo, gold/silver, and some food stuffs covered. working on more food stuffs and 'luxury' items...mainly electrical generation.
hopefully, my stash will go unused...but it is there if I need it.
Things that make you go Hummmmm.
Things that make you go Hummmmm.
Yesterday Apmex had 5,000 plus random year Silver Eagles available for shipping on the next business day. That number has been reduced to 685 as of this posting.
The problem for holding silver is that u can pay with it in the SuperWalmart Store u have to swap into a fiat or electronic currency paycheck system.
As investment honestly, Silver and gold gonna mantain its uptrend, till
1.Massive Haircuts appear, so big leverage gone -
2.Increasing Interest Rates will lead to a crowding out effect that doesnt favour hard assets.(as they not pay dividends) + higher lease rates.
My basic tip is if hold physical silver/gold as speculation bad, as investment its ok, but doesnt have to be your 100% asset allocation
I still believe one of the biggest black swan we , as financial traders gonna face in the near future is the " ETF´s sponsors Cancellation cos Counterparty risk in Exchange Traded Product linked to Commodities" -
Gonna be interesting to look for a big sell off in commodities during 2011. As always the important part is when...Timing is 99%...
Look for SCO
Good advice, no metals should ever consist of more than about half of your total allocations. did you see the more recent article about propaganda telling folks to sell their silver now?
yep. yesterday apmex had about 26,000 of these [[ http://www.apmex.com/Category/516/American_Silver_Eagles2011__Prior.aspx ]] in stock. today they are at 17,000. that's 34% in one day.
i just locked in some apmex orders.
cool thing is, you have about 5 days until you need to pay, so if silver drops during that time, you can let the order cancel and resubmit. :) it's almost like a stock purchase plan.
Not quite. You have to pay a $35 cancellation fee PLUS their market "loss." So if you order 1,000oz and silver drops $2/oz you would owe them $2,035 and not have any silver to show for it.
They now have 55 left as of this posting. Obviously they will sellout in the next hour or so.
"We have arrived at the electrical fence and are now suddenly unsure which side of the fence we are on." disabled vet. by all means "sit on it" since the world now knows who to attribute THIS explanation of insanity to.
the angular postures give him the
inflection of mr. george carlin.
you make him look better. he should
can you speed that up?
Bernank: I joined this program and there's steps. There's... uh... like twelve of them.
Hmmm, Imagine a SNL Parody with a room of central bankers attending a MPA (Money Printers Anonymous), where Central Bankers deal with their addiction to printing money.
Featuring notable characters such as Rudolf Havenstein, Robert Mugabe, etc speak about there past experiences. Then when its time for Bernanke (the newest member) to speak, he is in denial. "There is no inflation, I don't have a problem with debt Monetarization, I have complete control and can stop when ever I want! I don't have a money printing problem!"
Hilarious idea! I really can picture the Money Printers Anonymous meeting taking place in the basement of a church somewhere. Picturing the cast of characters sitting on folding chairs, crappy day-old coffee and rock-hard donuts in the background. Sometimes satire illustrates an idea more vividly than a scathing indictment ever could.
Robert Mugabe: "Hi! My name is Bob and I'm a printaholic"
All: "Hi Bob!"
Bernank: "I used to be a juicer, you know, using steroids. I had it all, was strong. The dollar was my bitch, I was the king of the world. But then Ron Paul kept harassing me about inflation, and those terrorists on the interwebs, sites like ZH, finally started to get the Sheeple buying physical silver, making everyone see the Emperor-dollar had no clothes. And now I'm divorced, alone, and my two high-priced mistresses won't even return my phone calls!"
We are the Federal Reserve who say NI!
Bendover Bitchez. USA Govt is cutting back on vaseline as well. Lets go to fucking war and save whore street. Hang the bitchezz and their family. Where is John Mack's wife that whore who took away 800 million, WTF.
Some holiday fun guys! Blast Blythe!
Even the uber-liberal Krugman Times is tossing grenades at the Bernank today.
Interesting. I found it equally curious that they would describe the Fed's efforts as experimental, considering that well over a thousand years of monetary history has repeatedly shown that their "experiment" results in the destruction of the fiat currency. This isn't a highschool chemistry class.
WASHINGTON — The Federal Reserve’s experimental effort to spur a recovery by purchasing vast quantities of federal debt has pumped up the stock market, reduced the cost of American exports and allowed companies to borrow money at lower interest rates.
Seems to me a fairly good probability that the chairsatan's press conference will result in some market volatility.
Of course Krugman, safe at his ny times sinecure from any retorts by the sane, is upset that, in his view, Bernanke isn't destroying the dollar enough!
I'm starting to rethink the label "liberal" for Krugman. Anyone who backs the Fed's BS to the death and thinks the only problem is they haven't f***ked us hard enough isn't liberal. That's being a part of the self-perpetuation machine that's trying to keep the failed system alive, including the banksters, politicians and economists who created the policies that took down the US economy.
Please read the email a reader has attempted to send you about MIT's top secret financial search engine, the billion price project. They have invented the equivalent of the world wide web, and they are trying to keep it secret.
Better yet, is there a live cam near the FED building? Or a google live street view? Check it out this evening.
There will be many black limos and black SUV's. If not, somebody please get there and start filming. Any MSM takers?
Something big is going to happen. I smell it. Ben, Blythe and co-conspirators will give it another try en masse. Obama is in it also.
Flying without a net...
its not much now but with some gov backing im sure i can develop it into an astoundingly funny walk
I'm not able to view the Glenn Beck video that's embedded in the doc. Thoughts?
there's an excerpt, I'm not sure which part of the video the author was referring to.. beck just gets on my nerves most of the time..
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