• Sprott Money
    05/26/2016 - 05:58
    How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something...

Treasury Redeems $144 Billion In Bills In First Four Days Of May

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Fri, 05/07/2010 - 17:57 | 337293 sysin3
sysin3's picture

first 4 business days of April should probably be edited to "May".  Or I'm an idiot.  Or both.

Fri, 05/07/2010 - 18:00 | 337297 Tyler Durden
Tyler Durden's picture

fixed on the former. not sure about the latter.

Fri, 05/07/2010 - 18:10 | 337319 Implicit simplicit
Implicit simplicit's picture

Thanks for zero hedge.

Fri, 05/07/2010 - 18:18 | 337340 SilverIsKing
SilverIsKing's picture

IS, have you bought any physical gold or silver yet?

Fri, 05/07/2010 - 18:36 | 337368 Implicit simplicit
Implicit simplicit's picture

I am seriously looking into it. 1st things 1st. This week I decided to start a business and personal accounts at a credit union.

 I changed my phone and got an unlisted number. Next I will stiff Citibank for jacking my rate even though I never missed a payment (they did this after the crash), and refusing to lower more than 1 pt. at a time. They basically told me they don't negotiate until your delinquent.(so be it) Well, that part comes easy. I used to be a juvenile delinquent.

Next, I will buy physical gold and silver. Like an idiot I bought $100 worth of US gold coins and realized that wasn't a good idea, som I started spending them.

"I'm an air conditioned gypsy, watch the police and the tax man miss me"

Fri, 05/07/2010 - 19:36 | 337426 Janice
Janice's picture

NO!  Get another credit card, purchase gold & silver...then default.  Beats them at their own game.

Fri, 05/07/2010 - 19:46 | 337450 Implicit simplicit
Implicit simplicit's picture

I am only really pissed off at Citi on a personal personal level, while I am pissed at all the big banks in general; maybe cap I too, we'll see.

Fri, 05/07/2010 - 20:03 | 337472 fuu
fuu's picture

walstreetpro2 is that you?

Fri, 05/07/2010 - 20:25 | 337488 Janice
Janice's picture

Nada ~ I need no alias, never have. 

"I am, what I am, what I am".  Popeye

Fri, 05/07/2010 - 23:09 | 337619 i.knoknot
i.knoknot's picture

he's not saying "yam what i am" ?

all these years...

Fri, 05/07/2010 - 23:48 | 337636 Janice
Janice's picture

I'm a southerner...we have sweet potatoes, not yams.  Maybe I should say sweet taters.

Sat, 05/08/2010 - 17:19 | 338317 IBelieveInMagic
IBelieveInMagic's picture

F@#k, not one comment on how to save our system and ourselves!! Are you saying we are done and there is no solution? Blood thirsty f@#kers!

Fri, 05/07/2010 - 20:06 | 337474 Rider
Rider's picture

Amen, thats the way to go.

Worry, do not. All credit scores will be reset in 2012 when no "worthy" creditors are left. Just like it happened after other crisis.

Fri, 05/07/2010 - 22:39 | 337595 chumbawamba
chumbawamba's picture

Good job, brother.  Like the other guy said, get another card, max it out on physical gold and silver purchases, then just throw it away and wait for them to come asking about you.

When they come calling you out to play, get your foo on here:


It'll take at least 6 months for them to catch up to you at this point, longer if the economy deteriorates rapidly (i.e. longer to never...the trick is to outlast them).

I am Chumbawamba.

Fri, 05/07/2010 - 23:22 | 337633 Almost Solvent
Almost Solvent's picture

Steal from them before they rape you. Self defense!

Fri, 05/07/2010 - 23:30 | 337641 Janice
Janice's picture


I am not a guy.....not yet.  Chastity Bono is now Chaz.....so there may be hope...but I no like getting what he/she gets....I prefer the outie, not the innie. 

Fri, 05/07/2010 - 18:54 | 337383 Implicit simplicit
Implicit simplicit's picture

Seriously, I'm hoping gold comes in some when the market has its next big down day. Probably won't happen for a bit, but ya never know.

Have you been collecting for a while?

Fri, 05/07/2010 - 19:04 | 337391 SilverIsKing
SilverIsKing's picture

I started buying gold when it was just below $800 and silver in the $10-$13 range.

Now that the cat's sort of out of the bag, i.e. currencies are blowing up and more and more people are catching on, I'm trying to figure out the catalyst that will bring the price of gold down and it's hard to come up with something.  The deleveraging process may do it when something big fails and everything comes crashing down but you'll have to act quickly in that event.  I don't think the deflation argument or fake IMF sales will do the trick.  The world is burning and there's no stopping it.

Good luck.

Fri, 05/07/2010 - 20:39 | 337498 Bananamerican
Bananamerican's picture

"Otherwise, things may be a little rough for the great declining American civilization"



Fri, 05/07/2010 - 18:58 | 337386 Henry Chinaski
Henry Chinaski's picture

Gold up 1.3±%, GLD down 0.2±% today.

Fri, 05/07/2010 - 19:33 | 337423 tmosley
tmosley's picture

What is your source on gold price?

Sat, 05/08/2010 - 00:33 | 337690 RockyRacoon
RockyRacoon's picture


That does NOT mean you should buy gold/silver there.  It is a place to start pricing the market.


This (above) will tell you prices in the small lot market.

Sat, 05/08/2010 - 08:24 | 337816 1TAAT
1TAAT's picture

Use EBAY for price, but becareful. ALot of fake coins on there. Don't buy anything from China.

Sat, 05/08/2010 - 10:38 | 337893 tmosley
tmosley's picture

The thing about eBay is that they have systematic price distortions that have been created by the bing.com cashback offer.  I'm not sure that you can use ebay gold prices as a market indicator for that reason.

I have been using kitco for spot prices for years, and yes, you are correct, never order from them because they are awful.  My first experience with gold was buying in one of their gold pools, some years ago, before I knew the dangers.  Made quite a bit of money, but now I'm all about physical accumulation.

Sat, 05/08/2010 - 01:12 | 337711 JacksCompleteLa...
JacksCompleteLackOfSuprise's picture

misplaced post

Sat, 05/08/2010 - 02:29 | 337724 Hansel
Hansel's picture

US gold coin sales surge as investors flee risk - Reuters

...On Friday, the U.S. Mint said sales of the most popular American Eagle one-ounce gold coins totaled 41,500 ounces so far in the first week of May, compared to 60,500 ounces in the entire month of April.


Fri, 05/07/2010 - 18:04 | 337305 Fraud-Esq
Fraud-Esq's picture

HOW does the UK's debt trouble stay out of US news. It's always Spain, Portugal, Greece and Italy. I am amazed the UK gets little play.

Fri, 05/07/2010 - 18:06 | 337311 AnAnonymous
AnAnonymous's picture

Eurozone is bigger on consumption. Eurozone falling apart, more space freed for last man standing.

Fri, 05/07/2010 - 18:29 | 337355 Fraud-Esq
Fraud-Esq's picture

I would never call ZH the news. "The news" is a pejorative for me. ZH is my secret source 

Fri, 05/07/2010 - 23:11 | 337624 i.knoknot
i.knoknot's picture

 call it my "financial porn" site.

i'm sure the Wall Street Puritans just can't stand the filth found on this site :^)


Fri, 05/07/2010 - 18:30 | 337356 faustian bargain
faustian bargain's picture

I can't believe I heard him say that on network TV.

Fri, 05/07/2010 - 22:38 | 337593 Alienated Serf
Alienated Serf's picture

whoa. did i just see a network news anchor describing something that resembled the truth on network tv.

Fri, 05/07/2010 - 18:11 | 337314 Hughe Crapper
Hughe Crapper's picture

Yep, you figured it all out TD. Nice summary.

When the SHTF, don't say Tyler didn't warn you! ;)

ps: Just imagine, if the US is first before Japan. Epic thought...

Fri, 05/07/2010 - 18:10 | 337318 Janice
Janice's picture

I'm not sure that the typical American has the stomach for warfare ...... unless the cable t.v. gets cut off. 

Fri, 05/07/2010 - 18:14 | 337330 Rainman
Rainman's picture

....now that's funny, J !! Rabbit ears and 5 channels might rescue millions of minds.

Fri, 05/07/2010 - 19:00 | 337388 Amish Hacker
Amish Hacker's picture

The eyes of the world are on America, and the eyes of America are watching television...

Fri, 05/07/2010 - 21:19 | 337538 w a l k - a w a y
w a l k - a w a y's picture

Beautifully put.

Fri, 05/07/2010 - 23:48 | 337662 A Nanny Moose
A Nanny Moose's picture


Sat, 05/08/2010 - 00:33 | 337692 Al Huxley
Al Huxley's picture

But a good part of American income seems to be being spent on guns and ammo (more than usual).

Fri, 05/07/2010 - 19:32 | 337419 cossack55
cossack55's picture

We were better off with three.  Only things anyone watched were Bananza, Lucy and real Disney.

Fri, 05/07/2010 - 23:50 | 337665 A Nanny Moose
A Nanny Moose's picture

Twilight Zone....but we don't need TV for that anymore. Life imitates art.

Fri, 05/07/2010 - 18:59 | 337387 Cow
Cow's picture

It wouldn't interrupt American Idol, would it?

I don't mind a war as long as it's not too inconvenient.

Sat, 05/08/2010 - 10:23 | 337880 jdrose1985
jdrose1985's picture

+1 Cow

Fri, 05/07/2010 - 20:45 | 337505 Bananamerican
Bananamerican's picture

"I'm not sure that the typical American has the stomach for warfare ...... "

why do you think we inported all those mexicans?

They some crazy head-chopping, acid dippin', 3rd world mofo's

Fri, 05/07/2010 - 18:16 | 337335 DoChenRollingBearing
DoChenRollingBearing's picture

Gordon_Gecko issued the last best alert to buy gold here at ZH a few weeks ago.

I think this WILL become clear to even the MSM, .gov, our neighbors and all others who have no clue when the next Greece happens.

Time to get prepared.  Looks like a catastrophic disintegration approaches.  Many will be hurt and full of woe. 

Get busy!

Fri, 05/07/2010 - 18:21 | 337344 Implicit simplicit
Implicit simplicit's picture

 It will be like I, Robot. The algos will start the all ending war. The bots will deduce that mankind will destroy itself, and them, if they don't take over the world, and destroy man. (and woman)




Fri, 05/07/2010 - 19:30 | 337418 Argos
Argos's picture

Everyone is forgetting about the game changing Katla volcano. 

Fri, 05/07/2010 - 19:33 | 337422 cossack55
cossack55's picture

I recommend a preemptive nuclear strike on the volcano, after we nuke the oil blowhole, of course.

Sat, 05/08/2010 - 00:35 | 337695 Al Huxley
Al Huxley's picture

Media has the attention span of a small, yappy dog.  General public maybe as well, I'm not sure.  If Katla erupts, there will be some very serious problems to deal with globally, and nobody is ready.

Sat, 05/08/2010 - 17:48 | 338335 snowball777
snowball777's picture

Think of the Witchy volcano as a hedge against global warming.

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