• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Wal-Mart US CEO To America: "Prepare For Serious Inflation"

Tyler Durden's picture

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Thu, 03/31/2011 - 12:34 | 1121745 DaveyJones
DaveyJones's picture

either that or really small containers

Thu, 03/31/2011 - 12:40 | 1121765 Cash_is_Trash
Cash_is_Trash's picture

Why isn't this man Chairman of the Fed? Or for that matter, anybody with basic understanding of economics.

Thu, 03/31/2011 - 12:48 | 1121794 HarryWanqer
HarryWanqer's picture

The Chinese will find a way.  Dog skins will absorb the cotton shock.

Thu, 03/31/2011 - 12:53 | 1121836 Spastica Rex
Spastica Rex's picture

I see what you did there. Clever.

Thu, 03/31/2011 - 14:31 | 1122324 asdasmos
asdasmos's picture

Marc Faber Bloomberg Interview - March 30 2011



Thu, 03/31/2011 - 15:42 | 1122582 baby_BLYTHE
baby_BLYTHE's picture

luv Marc, thanks ;)

Thu, 03/31/2011 - 19:21 | 1123307 Seer
Seer's picture

Faber is little different than the rest... It's all about Ponzi, and Marc speaks (43 second mark) "sustained economic growth," which IS Ponzi: no such thing as sustainable GROWTH on a finite planet!

Give me 5 minutes with people like Faber and I'll have them confessing that they're no more than shills looking to scam folks... (NOTE: that he likes gold and farm land isn't the point- I do as well, but unlike he and most others, I don't look to profit off them by spewing BS).

Thu, 03/31/2011 - 12:58 | 1121845 the mad hatter
the mad hatter's picture

Wal-Mart CEO to America: "Get ready to bend over at the cash register because Uncle Sam will take your dollars while Uncle Ben will water down the dollars you already have. Don't shoot the messenger."


Price everything in gold or silver and you will see what rapid monetary base expansion does to prices.

Thu, 03/31/2011 - 13:06 | 1121905 jus_lite_reading
jus_lite_reading's picture

BUY all the gold and silver you can. I'm at 80% of my asset allocation in PMs. Hell yes. I just sit back and watch the whole world crumble!

Now in JAPAN some crazy people tried to drive their car through the FUKUSHIMA PLANT!!! WTF?!


Crazy nuts! If they don't die now from the radiation they'll get shot! WTF?!

Thu, 03/31/2011 - 13:20 | 1121963 Rastadamus
Rastadamus's picture

100% PM's here. Trying to cushion Babylon's fall. Gold is known to be soft.

Thu, 03/31/2011 - 13:22 | 1121982 Thomas
Thomas's picture

I am 60%. Some days it feels like I am 40% lite and some days it feels like I am 60% too long. These douche bags at the Fed are sure making it hard.

Thu, 03/31/2011 - 13:47 | 1122126 DoChenRollingBearing
DoChenRollingBearing's picture

I am at 10%, it has taken me a long time to get there.  But, upon my return, 11% is my next stop.  The bulk of what I have is in gold, but I have silver, platinum and a little palladium too.

I noticed premiums seem to be picking up (24hgold.com has a nice handy little widget showing metal value vs. eBay prices, scroll to the bottom of their page).

¨Paper food¨ ETFs like DBA and JJG can help you make some money as food prices go up.  But, they are paper.  They are also diversification, and diversification is one of my favorite words.

Thu, 03/31/2011 - 14:15 | 1122180 GoinFawr
GoinFawr's picture

DCRB I thought you dumped your silver? Or did you just mean the 'proxies'?

On Zimbabwe:


Thu, 03/31/2011 - 13:58 | 1122190 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

So can large cap equities/bonds.  This is a financial corporate takeover of the economic system afterall.

Thu, 03/31/2011 - 15:25 | 1122519 SilverRhino
SilverRhino's picture

Very nice little widget.   half dollar pieces are blown but ebay appears to be showing at least a 15% premium over current spot prices on everything.


Thu, 03/31/2011 - 15:44 | 1122585 DosZap
DosZap's picture

eGay sucks.

Thu, 03/31/2011 - 15:46 | 1122593 DosZap
DosZap's picture

eGay sucks.

Thu, 03/31/2011 - 15:50 | 1122605 DoChenRollingBearing
DoChenRollingBearing's picture

But the 24hgold.com / eGay widget is good!

eGay sucks...  LOL.  Good one!

Thu, 03/31/2011 - 16:13 | 1122699 RockyRacoon
RockyRacoon's picture

Excellent source there, DCRB!  Look at the links "eBay" and copy the link locations to use in an eBay page search routine.   The search terms are excellent.

Example:  Search for Silver Eagles:

Silver Eagle* (1oz*, "1 oz*", 1ounc*, "1 ounc*", 1, "1", coin*) -(gold, black, pound, "1", mark*, gram*, "1 10*", mexico, reich*, morgan)

Or, just use the entire link in your search window.

Thu, 03/31/2011 - 16:06 | 1122666 RockyRacoon
RockyRacoon's picture

eBay been velly, velly good to me.  Both buying and selling.  Some seller has to be at the low end of that "average" eBay pricing.  All ya gotta do is find the good ones.  I have.

Thu, 03/31/2011 - 13:49 | 1122144 Bananamerican
Bananamerican's picture

"I am 60%. Some days it feels like I am 40% lite and some days it feels like I am 60% too long. These douche bags at the Fed are sure making it hard"


Thu, 03/31/2011 - 13:37 | 1122060 Robot Traders Mom
Robot Traders Mom's picture

Only 80%? I hope your other 20% is in guns, ammo, food, and water.

You either believe in the truth and hold 100% or you hold and aything less and are trying to make a quick buck.

Thu, 03/31/2011 - 13:51 | 1122156 DoChenRollingBearing
DoChenRollingBearing's picture

Nooooooo, Robo-Mommy!

I too believe we are headed for real problems like you and above posters.  10% is OK, not great but OK.  11% will be better, 12% better yet.  There is value in diversification...  I have typically been a bad speculator or predictor of the future.  100% in ANYTHING seems unwise, at least to a Bearing.

You are quite correct to be armed up and have food and water stocked up, I´m there too, dude(tte)!

Thu, 03/31/2011 - 14:29 | 1122308 mtomato2
mtomato2's picture

I'm seriously beginning to wonder, Bearing Bud.  Some days I think we are just going to bump along the bottom for the rest of eternity.  And I don't want that.  Like most posters here, I want a crash and a renewal.  I want truth.  I want equal justice.  The American Way?  I don't even know what that means anymore.

Thu, 03/31/2011 - 14:45 | 1122371 trav7777
trav7777's picture

you don't want a crash.  Trust me.

Look at the soviet crash...how long did the shit suck real bad?  Are they "back" yet?

Thu, 03/31/2011 - 15:15 | 1122476 tmosley
tmosley's picture

To be fair, they were never really "there" to begin with.

Argentina might be a better example for your metaphor, as they have never regained their first world status.

Thu, 03/31/2011 - 16:22 | 1122737 WaterWings
WaterWings's picture

Yes, I prefer a Police State, a la Orwell - I don't need all my teeth and spleen anyway. I love international banks that privatize gains and socialize losses. I *heart* corporations that pay slave wages; poison the environment and our bodies. Wrap your arms around the military-industrial complex: Bombs, not weddings! Underage sex slaves, not wives! Heroin addictions, not self-worth!

Soon, I won't have to think anymore!

Thu, 03/31/2011 - 18:35 | 1123168 DaveyJones
DaveyJones's picture


Fri, 04/01/2011 - 01:47 | 1124210 RafterManFMJ
RafterManFMJ's picture

You need to drink more fluoridated water.  You'll find it...calming.

Thu, 03/31/2011 - 15:34 | 1122545 Triggernometry
Triggernometry's picture

40% PM's
15% water
15% food
15% fuel
10% Cu coated Pb
5% Lead Delivery Devices

Thu, 03/31/2011 - 15:43 | 1122583 SilverBoy
SilverBoy's picture

Your SHTF Portfolio is well diversified.  Me Likes

Thu, 03/31/2011 - 15:50 | 1122604 tmosley
tmosley's picture

That is either a LOT of water, or you are using a slingshot for delivering your lead.


Fri, 04/01/2011 - 03:35 | 1124305 malek
malek's picture

30% PM (exactly on my target level), but overall 90% out of the USD.

Thu, 03/31/2011 - 13:12 | 1121930 traderjoe
traderjoe's picture


The Fed is performing exactly as designed: (1) create inflation to skim wealth from the citizenry; (2) lower interest rates to eliminate other capital creation competition than bank loans; and (3) consolidate economic control by the money center banks. Their plan was brilliant and well-executed. Www.bigeye.com/griffin.htm

Thu, 03/31/2011 - 14:02 | 1122204 NotApplicable
NotApplicable's picture

Your second point is one I rarely see discussed, and why I believe that after the coming shake-out, the Fed, IMF, et al., will embark upon pushing ZIRP all the out to the end of the yield curve, basically turning lending into an activity that only pays off in political currency.

Marx would be proud.

Thu, 03/31/2011 - 14:33 | 1122339 traderjoe
traderjoe's picture

In fractional reserve banking, banks create money out of thin air. Therefore, any positive interest rate is essentially an infinite gross margin. They need some positive interest rate tho. That's what makes governments such great borrowers for the banks. Through regulatory capture, political influence, etc. banks essentially control their own customer(s). They can (relatively) prevent defaults, unlike those pesky homeowners and commercial building owners.

Thu, 03/31/2011 - 14:59 | 1122408 Oh regional Indian
Oh regional Indian's picture

Tj, regulatroy capture about captures the length and breadth of it.

Make the law, make the money, kill any real competition, barriers barriers barriers.

Simple game if you have regulatory capture.


Thu, 03/31/2011 - 15:11 | 1122461 NotApplicable
NotApplicable's picture

They will only need a positive rate until the day they are nationalized, completing the circle of fascism (otherwise known as a choke-hold). Between Benron and the IMF, they will hold title to all of the world's wealth, while their liabilities are nothing but promises of promises to pay.

The future I see will not allow for such "evil" as profit, freedom or any individual function that threatens the alleged "Greater Good." I agree with your views from a market perspective, but the thing is, I don't believe there's going to be any markets in our future (especially financial, as they are already insolvent). As you stated above, the plan has been well executed.

Thu, 03/31/2011 - 14:05 | 1122206 Rinzler
Rinzler's picture


No surprises here.

Thu, 03/31/2011 - 13:24 | 1121985 I am Jobe
I am Jobe's picture

Logic and Common Sense is not soemthing that is required to be in the GOVT. If you have a degree from harvard and can BS your way, all that matters. People with skills need not apply to GOVT jobs.

Thu, 03/31/2011 - 18:09 | 1123090 dizzyfingers
dizzyfingers's picture

That idea is too intelligent for this country.

Government and the fed are where people go who can't get real jobs because they're too stupid or too unemployable for other reasons.

Resist organized crime; vote for no one.

Thu, 03/31/2011 - 12:44 | 1121777 Cognitive Dissonance
Cognitive Dissonance's picture

When exactly did a half gallon of ice cream become 25% smaller and the price go up 35%? Maybe I blinked and missed the announcement.

Thu, 03/31/2011 - 12:48 | 1121795 Cash_is_Trash
Cash_is_Trash's picture

Cog, at the supermarkets here in Brazil, you could buy 1.5 litre boxes of juice for $4 dollars. Now the container is 0.75 litres for about $4.50 dollars.

Thu, 03/31/2011 - 12:49 | 1121806 Cognitive Dissonance
Cognitive Dissonance's picture

Switch to Ice Cream. :>)

Thu, 03/31/2011 - 12:50 | 1121810 TruthInSunshine
TruthInSunshine's picture

Or iPad.


Thu, 03/31/2011 - 12:52 | 1121830 Cash_is_Trash
Cash_is_Trash's picture

I hear that brushing your teeth reduces the sensation of hunger.

Perhaps there's an app for that!

Thu, 03/31/2011 - 12:56 | 1121852 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

If the Chinese had known that, they would not have used their plastic on rice!

Thu, 03/31/2011 - 13:04 | 1121900 Cash_is_Trash
Cash_is_Trash's picture

Silver, rather nano silver is now used in toothbrushes as a disinfectant.

For real: http://www.amazon.com/Mouth-Watchers-Nano-Silver-Toothbrush/dp/B003DQD65O


Thu, 03/31/2011 - 13:12 | 1121928 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Fluoride is getting its ass handed to it.

Thu, 03/31/2011 - 15:17 | 1122484 Kobe Beef
Kobe Beef's picture

fluoride asked for it.

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