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YTD Stock Performance Indexed For Dollar Annihilation: +0.9%
There's your whopper of a YTD stock rally. Just don't try to buy anything with the proceeds from those booked (cause they are booked right?) gains.
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And the Bernake said, "let the paper burn!".
(peace be upon him)
June RBOB up 7 cents today, that's about 11-12 cents at the pump tomorrow. That will go over well with the plebes.
Do I have to pay taxes on these "gains" ?
Oh YEA! Thats the hillarious part, although the 90% raise is an actual loss in purchasing power terms, theres still a 90% cap gains! Thats the real hillarious part for all the stock fanclub, LOST purchasing power, yet still have to pay 90% cap gains on it. SWEET!
Chuck Norris Sucks. Do not know what you are trying to imply and care less. Sounds like you would not take a pay raise cause you have to pay more taxes.
What he is saying is "this isn't a raise, you pay your employer to work there."
but bing! the company store gives us credit!
tyler: are you ok? didn't you compression short the emini's yest afternoon? maybe your butterfly is up & away, but is this closing for you? time to double down?
Ya see there, Chuckles - that's what makes you "smarter than the average bear" (hey hey Boo-Boo - do I smell a tax-robbing-wealth-stealing-pickinick-basket?!??).
That's their plan, and has been the whole time. *Real* gains: virtually nothing. *Nominal* gains - tax the shit out of that. More taxes in their pocket for NO gain in your pocket.
You have stumbled upon one of their biggest secrets. Your average JoeOnTheStreet has no clue how this works.
Thanks Sgt. Sausage. I could not have said it better
My retired late 70's Mom tyring to live off of life insurance from when my Dad passed away young - was taxed to death this year; she called me nearly in tears a couple of weeks ago.
Her "investments" lost value, then "gained" it back (supposedly) and she is now paying punitive taxes on the "gains" simply on withdrawals she takes monthly to live.
This on money that has already been taxed twice if not three times just to get it "in" to the "markets".
Have I said I have no allegiance to this ponzi nation lately?
DANGERTIME BITCHEZ
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by Dangertime
on Mon, 04/25/2011 - 10:23
Silver peaked, Bitchez.
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by Dangertime
on Mon, 04/25/2011 - 10:35
You'll have a dip buying opportunity for the next six weeks as this pig gets roasted.
Where are Aka and Tmosely? The idiots who kept pumping this thing and said I was stupid for(pretending to be) buying puts?
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by Dangertime
on Mon, 04/25/2011 - 10:35
Forgiven, the peak is in for this run. We will see $50 again but not likely for another year. You still have time to sell and restock with even more this summer.
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by Dangertime
on Mon, 04/25/2011 - 10:51
In six weeks your post will look like such a noob call.
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by Dangertime
on Mon, 04/25/2011 - 10:32
Where are Aka and Tmosely?
Oh the pain they must be feeling. My (imaginary)puts are mightily green today! Woot! Wait til this pig breaks below $40.....
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by Dangertime
on Mon, 04/25/2011 - 10:39
If Asia buys this dip they are morons.....and it will not prop up this pig.
Silver to low $30's over the next six weeks. The real pain is still yet to come!
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by Dangertime
on Mon, 04/25/2011 - 10:44
#1203445
Not even close bud. I've been(pretending to be) scaling in and got some more(imaginaries) on the gap up this morning. Now it's nothing but a green ride to the 30's.
But of course, now you will not believe me even tho I've said(SAID) I've been doubling down every day for the last five business days.
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by Dangertime
on Mon, 04/25/2011 - 13:52
...
The sad thing is that you do not even know that the tide has turned against you.
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by Dangertime
on Mon, 04/25/2011 - 13:53
No way am I covering yet.....
Got some more (imagi-)puts at the open, 33, 37's and 40's for October.
It will still be a green ride to the 30's. This is just the first green....
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by Dangertime
on Mon, 04/25/2011 - 10:54
I would love to stay and play with you bagholders, but I have a date with a(nother imaginary)Porsche.
Remember, the low won't be hit for six weeks, so it's still not too late to get out.
See you in a few hours.
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I'm guessing this person, "Dangertime", may have been one of those paid trolls.
He's registering a new handle right now.
LOL
Some of dangertime's responses to my comments have been made without any apparent awareness of what I actually stated about him. This has happened so much I'm beginning to think that Dangertime may be an AI app targeted at trying to lower the price of silver.
More like "artificial stupidity."
Intelligence can be artificial, but stupidity can't ;)
Wait on the front porch for 2 days, then we might send RainbowTrader a new ID.
Where is Robot Trader with all his charts on how great his stocks are doing??? Don't see him trolling around much. Licking wounds I presume
he's posting pics of chicks on another thread. i just cc'd him a jim sinclair warm regards message.
Last I saw of him today he posted the ramp job on miners after Bernanke's speech without much commentary .
http://www.kitco.com/stocks/companyname_asc.html
Almost every Mining stock is in the green today
Stop it man... your going to make him cry.
you just won the nba slam dunk contest with a leap from the top of the arch with a swirling mid air thunder dunk.
LOL, +47.80! Dangertime...I wasnt aware Porsche made shopping carts?
Quick rub some silver on the wound, it's an antiseptic!!!! What a fucking jackass that guy is/are (he has multiple accounts for sure). I have screen shots too but, this is winner chicken dinner. Nicely done, sir.
LOL
Crying time for Dangertime
Time to blame manipulators
Time to look in the mirror
CURRENCY DESTRUCTION TIME
unbelieveable...priceless
"Well (Dangertime) the world need ditchdiggers, too"
-Judge Smails
I must admit "i said Even Steven" for the day. I was wrong. AGAIN I ASK: what could possibly be wrong with a ROARING bull market? (P.S.: by all means answer like most who manage money "it's going to zero tomorrow.") What you CAN say is "Death Take A Holiday"--great movie, although I might have the title off a little.
"A strong US $ in the American interest" - enough already! Nothing really said about safety of financial system or banking health. Nothing about how flimsy these equity prices actually are or the recovery underneath.
Bernanke is telling the truth when he says - "A strong US$ is in America's Interest"
However, most people unwisely assume that the interests of the FED/Banks align with those of America.
The poor and middle class get poorer while the rich get richer.
Who would have thought Democrats would once again be in power distroying the very people they pretend to protect.
ipad 2 -2x fast SAME price
Munich. July 28, 1922.
No surprise really. Bankers need workers like workers need food.
The rich get richer because the poor have more kids.
I can't really blame the elites for devaluing the currency. We've had years to reform/eliminate all these unconstitutional entitlement programs and get back to the actual duties and responsibilities of the Federal government. The elites see the irresponsible people trying to take more and more from the responsible people.
Atlas has shurgged. The trouble is that it's actually hurting a lot of the responsible people too. The few often ruin things for the many.
You'll still get your entitlement checks but just can't buy as much with them. The elites make money off the bubbles in the markets. Everyone wins!
Marc Faber explains it here: http://www.youtube.com/watch?v=ZeTYO5ViN9s#t=7m16s
Warning: not politically correct. Democrats don't like the painful truth.
Now, grill me a cheese: http://www.youtube.com/watch?v=TYdf-H7L3HM
I was under the assumption both dems and repubs voted to bail out the banks with 700 billion dollars - You are still thinking right and left but they both shaft you where it counts
agree. left and right paradigm serves their interest.
Both did. Both parties are the party of big government. Neither party cares about the Constitution or free-market Capitalism. Ron Paul is one of the few good men in government. All those companies/banks/institutions should have failed. Every time Republicans tried to reform these programs, Democrats threw a fit. They just gave up by the 1990s.
Stop trying to put me into your little box. I'm an absolute genius. Read my other posts for evidence of my brilliance and higher understanding.
I'm going to be laughing my ass off when the country collapses and all the entitlement-lovers find out what happens when the dollar is worthless.
If history repeats itself those entitlement-lovers will be armed with kalashnikov's and conscripted into the dekulakization brigade.
Marc Faber would agree.
GloomBoomDoom.com
I'll be overdosing and leaving this world when it all falls apart; I've discussed that many times.
People have a right to fight for their lives and freedom.
They don't have a right to force/expect other people to support them. It's one thing to ask for a helping hand; it's quite another to demand other people support you.
It's one thing to leech off your parents, a private charity, a friend, family member or someone or some institution that has to be accountable and has the power to cut you off because not doing so would cause them/it to fail. It's quite another to institutionalize charity in this big government bureaucracy. Plus, that gives people a false sense of security. My mother doesn't understand that Social Security isn't an investment account that holds real assets (US Treasuries - LMAO). She doesn't understand why if she paid into it all these years why she won't get it back. I sympathize. Those programs should never have been created to begin with. Socialism is a Ponzi scheme. You know, everyone loved Bernie Madoff - until he couldn't keep it going. The same is true of our socialistic programs. Then you'll get your riots and revolutions, etc.
Who wouldn't want free health care? Who wouldn't want a guaranteed retirement? I just understand that it cannot work. Never has. Never will. The planet has finite resources.
You should never let those people get dependent in the first place. That's the problem. Jefferson warned about the Federal Reserve - it isn't constitutional - just like SS, Medicare, Medicaid, etc.
Now, if the Federal Reserve didn't exist (Thomas Jefferson warned us), these problems couldn't have been kicked down the road with artificially low interest rates.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
I don't care if individual states want to do this nonsense because it's easy to leave a state. The competition between states would keep them in check. It's not easy to leave the country. We'll all be going down with it - except for the elites with private jets.
I can type a lot on stimulants.
I think I might get some Imo's pizza later. Mmm.
DANGER ZONE!
http://www.youtube.com/watch?v=k3-zaTr6OUo
Is this what people mean by crack up boom? Every chart masturbates at high frequency to the tune of the falling dollar...Ben must have the biggest hard on right now.
I don't know. What is a "crack-up" boom? I've never heard of this term--unless it is meant as some form of humor telling of course. I just saw another "Arnie Gunderson" post and "he certainly show me the difference between a crack-up and a boom." Not that anyone finds that funny of course.
1530, still only 40 Euros/oz increase in 6 months. I will get excited when it hits 2k. (Euro)
Whats a 'Euro'?
A piece of paper used to buy precious metals.
You should try it some time.
Don't follow the comments much do you?
One to One annihilation of the dollar across all asset classes...nuts...
One to One annihilation of the dollar across all asset classes...nuts...
Lol EURUSD
Small caps relative to gold? Maybe the extra leverage but it certainly all masturbation at its finest.
Marketwatch Bulletin: Dow industrials up more than 100 points as closing bell approaches
Not a peep out gold being up $21.90 or silver up $2.42.
Love that shit.
And this is classic...
Fed gives stocks a bounce
I wonder how much Benny McButtfuk paid these idiots to write this shit.
Or the dollar down to 73.30.
yeah headlines should read dollar index crashes after Bernanke speaks .
"the guy with the money writes the headlines." next question?
Gold and silver to these banksters and their buttboys and girls in the financial media are like garlic and holy water to vampires.
They ARE getting their asses kicked badly, just dont want to let anyone see it. And the payoff day will come one of these mornings from an OUTSIDE event that causes the markets to be blown to smithereens!
As is my wont "i was dissecting your first sentence." did you mean to say "girls in the financial media are like garlic and holy water to vampires"? because if so "it's not working."
Shhh! We don't want the secret out.... yet.
Can we see the same graph for gold & silver?
Check this out: http://img40.picoodle.com/i54r/brizzlekizzle/1xa7_871_u94kc.png
Shhhh . . . don't tell the investors about that whole dollar thing. Could hurt the bonus.
Some music into the close for that wad of paper I have in my wallet.
http://www.youtube.com/watch?v=i18nSZBgOfs
And factoring in todays dollar drop, equity markets are probably negative for the year. Hooray.
This about sums it up.
http://www.youtube.com/watch?v=qy5qJ2hLk44
Silver +135% . Benny Bucks -40%
"Why would anyone buy Gold" (Gold up 40%) Ben Bernanke last month
"We would never follow a weak Dollar policy", Timothy Geithner yesterday
..we'll accept your resignations (with immediate effect) sometime tomorrow Benny and Timmay on the grounds you're absolutely useless and fuking clueless
Not useless at all. Highly effective criminals doing a sterling job for their masters, who would have thought they would be able to rob the masses so easily... no one has put up a fight at all! Bravo.
I watch the DXY plummet-chart live on MarketWatch, and of course, one of the rolling headlines is that the S&P jumped 0.7% today on the Bernake. Sadly, the DXY lost 0.7% today so far.....
Its sad to see...most all of these financial reporters actually do not realize whats really going on. These are the kids you remember from high school who were only concerned about being in the right clique, not a brain in their heads theyre just spouting the FED bankers script and licking their boots to stay in good graces.
I think some of them know, Dog....but agreed, there are many that are just plain stupid. Some of these news pixie chicks are simply hired for their good looks. Either this, or they are complicit in the destruction of the American economy.
Nice job today shoving gold and silver straight into Bernanke's paper thin credibility. Just who the morons are that dip buy Netflix as precious metals presage the coming trouble...beyond me, Dog.
And the criminal syndicate Wall Street bankers on the BlowHorn [CNBC] continue their dance, historically cheap valuations, price stability, plenty of upside...on and on they go. The lies are so deep at this point that a fellow needs those proverbial wings to stay above it.
Looks like Steve Liesman has cemented his place in history as the Fed lackey of the millennium. He's been so far up the Chairman's butt that it embarrasses me... and I'm not even important.
Geithner says we have a strong Dollar policy...
I wonder what a weak one looks like...?
you're seeing it (think doublespeak)
CNBC just ignored Santelli's report...he must be hopping!
Tyler should ask him to do it for zero hedge live blog
gonna hafta lever to stay ahead of it- that IS the point.
The problem is that leverage can't create oil, so financial speculation will be (and has been) the only game left that can outrun the base inflation. Real production is a loser on two fronts, one because it can't make even a meager yield (can't be levered), and 2 because the yields possible from leveraged speculation kill it.
This is a DIRECT consequence of a financial system built on debt. In the early stages of exponential curves with disparate growth rates, it really makes no difference. As debt compounds, however, speculation becomes more and more attractive from a pure ROI perspective.
I mean, think about it; you can lever up financially with very little "capital." How much does it take to drill a real well or mine a real rock or build a real factory to manufacture a real widget?
Only costs $5 bucks to dig it outta the ground.
"we had to destroy the town to save it." Wall Street or Washington?
10-year high on QQQ
Thats because things are so much better these days ... you know, iPads and all.
Yup , silver was 9 bucks in 08. Where was it 10 years ago? 5? Looks like the PM possee are whipping the Nasdaqs ass by a fking country mile. LOL.
Okay Robo,
How long before the NASDAQ gets back to it's high from 11 years ago? I mean, it only has a little more than 2,000 points to go.
good luck with that...
Hey yeah:
Panelists discuss how owning a top-of-the-line MacBook or an iPad 2 is actually essential to finding a new job (from "The Onion").
In The Know: Should The Nation's Unemployed Be Buying New Apple Computers?
priced in fiat.
It's not when you ask "what if i'm right" but "but if i'm wrong" that "you have a problem."
NYBOT:DX is looking pretty grim ...
The new word that most of you should get use to over the summer and early fall!
Extortion!
Extortion, outwresting, and/or exaction is a criminal offense which occurs when a person unlawfully obtains either money, property or services from a person(s), entity, or institution, through coercion. Refraining from doing harm is sometimes euphemistically called protection. Extortion is commonly practiced by organized crime groups.
http://en.wikipedia.org/wiki/Extortion
Honestly is anyone short this market? Bernanke lowered growth forecasts and worse flashed the "final call for alcohol" lights and the markets rip. This is the only place I can admit I am personally short without risking public execution. This market is F'ed up.
Fed/Up indeed. Scary sometimes when "someone comes to work and does there job" isn't it.
Look !!! It's the Bernank on the right. "You can tell from the way that I told that I am a woman's man"
http://www.tdbimg.com/files/2008/10/20/img-bee-gees_142156367164.jpg
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc1/10235_138741494370_596679...
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc1/10235_138741494370_596679...
Not a day goes by that I wish someone had opened my eyes to silver/gold sooner. I only got tuned in a year ago. :-/
How many others are out there right now scratching their heads wondering why if things keep getting better, why they're working harder for less and less?
silver is a giffen good on my utility curve
To me this says it all http://img40.picoodle.com/i54r/brizzlekizzle/1xa7_871_u94kc.png
Booooo! The UD index is just flaaaaaaaat, it must have scuicidal toughts right now... Bernank didn't manage to make it Hard.
Ben Bernank != USD sex toy
Hmm. March 15th it was at -2 percent.
March didn't the government spend about a trillion dollars.
I think people NEED to be asking them just what they were buying?
Actually it's negative. You forgot to adjust for inflation too.